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The ebook revolution is here! The Internet now makes it possible to come up with an idea, turn it into an ebook, distribute it over Internet, and start making money - all in 30 days or less. In offline world, 30 days wouldn't typically even be long enough to start getting rejection letters back from publishers. We say this with confidence because we have both gone from book idea to book sales in a matter of weeks - not once, but many times. Between us, we have 10 ebooks currently selling on Net. Several of our books have brought us five figures in income. Jim holds record between us with one release that made an astounding $43,000 in 30 days.

Here are two discouraging myths you should be aware of:

Myth #1 - It takes a lot of money to promote an ebook. Fact: It doesn't. Despite what anyone says to contrary, online information publishing is still fastest, cheapest and easiest way for "little" guy to earn a nice living online with virtually no risk and very little money (less than $100).

Myth #2: You have to be a writer to make money with ebooks. Fact: You don't have to be a "writer" in order to create a best selling ebook - and it often helps if you're not!

Maybe you've heard that ebooks don't sell. That's not entirely a myth; in a way, that's true. What sells in bookstores will generally not sell well on Internet. Although author J.K. Rowling has sold more than 100 million copies of her "Harry Potter" books worldwide, it's unlikely she would do well selling her stories in ebook form.

But ebooks sell like hotcakes when they contain PRACTICAL information in ready-to-use form. Not pages of pages of long, flowing prose like you find at Borders and Barnes and Noble. On Net, people buy step-by-step, cut-to-the-chase information they can use to solve problems in their everyday lives.

eBooks on how to negotiate best price on a car, how to sell your home without paying a real estate agent, how to build muscle mass quickly, and other narrowly focused topics that solve a problem, are selling VERY well - at this very moment!

Why is this so? Because main reason people are online in first place is to find information - 9 times out of 10, according to a landmark survey.

So if you can interest people in extending their search past looking for free information into purchasing an information-rich, well-organized, ready-made SOLUTION to a pressing problem, you can sell ebooks... You can sell a LOT of them.

You hop on internet only to find yourself being pulled in so many different directions that you don’t even know which way is up. Yipes! How do you go about filtering through masses of come-ons?

Here’s one… “Fabulous Income Immediately with Little or No Work!” Ooooh, goody!

I must admit, these ads appeal enormously to greedy, lazy parts of my humanity. Fortunately I, like most of you, know that there is no such thing as being paid just for showing up. And you don’t have time or money to lose…

So just how DO you proceed?

Rule 1 – Don’t waste your energy and money with multi-level marketing outfits. These are ones with a forced matrix recruitment and pay-out system.

Now I’ll be first to admit that there are some very reputable MLM companies out there. Some of them are Fortune 500 Companies and some rank high on New York Stock Exchange and trade heavily on NASDAQ.

However, just because company as a whole is making money doesn’t necessarily mean that YOU will make money. Too many of us have learned that hard way.

THE MAJOR DRAWBACKS TO MLM COMPANIES

Here are some obstacles I encountered, which finally led me to abandon MLMs for good.

• MLM structures have a bad reputation. That’s just way it is. Whether company deserves poor reputation or not is hardly point. The fact remains that you are working against widespread skepticism. (“Is this one of those pyramid schemes?”) You’re trying to swim upstream. Not wise.

• There is always a monthly purchase you are required to make, so you’re losing money from day one. (Many companies try to deny fact that there is any “requirement” to purchase anything. They conveniently sidestep fact that you aren’t eligible to earn any money unless you are making a monthly purchase.)

• It takes several “recruits” to just break even. And no sooner do you add one than another one bails out. It is a sl-o-o-o-o-w grow.

• Your eventual income directly hinges on efforts of other people. Talk about giving away your power!

• Many MLM or forced-matrix structures are unstable and short-lived. The term “fly-by-night” springs to mind.