Someone asked me when I was speaking recently if they could make enough money by selling just one eBook to quit their job and pay their bills. I spent the next hour explaining the answer to him, long after the conference I was speaking at was over. The answer depends on many things.
You want to write an eBook in a field that you are knowledgeable about. This niche must also be one that many people also want information on. These people must be willing to pay for the information you are providing them in your eBook.
If you are willing to give teleseminars and coaching in your area of expertise you will make more money than just from the sales of the eBook. This will help your target audience to understand more completely what you have written about. This also establishes you as an expert in your field. Positioning yourself as an expert may lead to speaking engagements, a publishing deal, and more.
As you become more well known on your topic, continue to write more about it and create additional products. Use Google’s Adwords to find people all over the world who will be interested in purchasing your eBook, your other products, and your teleseminars and coaching services.
So, will you get rich from just one eBook? Yes, if you continue to build upon that eBook and reach far and wide to your niche’s target audience.