So you want to make money on Amazon Kindle! That’s an interesting idea, because many people ARE making an awful lot of money on Kindle. In this article, we’ll take a look at program called K Money Mastery, or Kindle Money Mastery. I’ll go through what it is about, whether it is a good fit for you, and how you can use it to make a full-time income from Amazon Kindle alone.
What Does K Money Mastery Do?
K Money Mastery 2.0, found at kmoneymastery.com, is, at the core of it, a training course that will guide you through the basics of getting an Amazon book published and making money, even if you are a complete newbie and even if you are not a writer.
Why make money with Kindle? Before we review the K Money Mastery program, let’s go through some reasons why you would want to publish an ebook on Kindle:
- Make money (duh)
- It’s a great source of passive income – once your book is selling, it will keep on selling
- It’s really easy to self-publish your own book. Compare it to publishing a print book or even publishing an ebook and selling it on your own website!
- If you have a freelance or online business, having your name on a published book is great for your resume
- If you have an online business, Kindle is actually another great source of traffic that you can use to build your list
The Core Training of K Money Mastery
The core training of K Money Mastery has 21+ lessons, dozens of videos, and hours of video watching time, along with downloadable PDFs. It takes you from start to finish — from picking a niche, creating your title, designing your cover, creating your Kindle account and uploading your book, getting reviews on Amazon, promoting your book, creating a long term Kindle strategy for passive income, and much more! Besides the core lessons, there are also bonus lessons that go into interesting stuff such as how to deal with taxes. The cost of K Money Mastery is a one-time fee of $67.
Is the K Money Mastery 2.0 program for you? The lessons that K Money Mastery provides are really robust and thorough. If you were looking at this review because you were unsure whether the training is high-quality, then let me tell you that I’ve gone through it and it definitely is.
If you wanted to get started with Amazon Kindle but you’re not sure how to do to it or how to do it in a way that will bring you success, this program will really be useful to you. You’ll get step-by-step guided instructions for the entire process. For a one-time fee of $67, I definitely think you’re getting full value for your money.
The K Money Mastery Monthly Membership “Full Disclosure” Program
After purchasing the core K Money Mastery 2.0 program, you’ll face a bunch of upsells. I’ll go through them one by one. The first is the monthly membership program, called the Full Disclosure program.
The monthly membership program offers additional premium videos, with new videos being added every month. There are also interviews with successful Amazon Kindle publishers, as well as an inside look into Stefan’s own Amazon Kindle publishing tactics. In addition, Stefan will even look over your work and create a video review of your work for you, and you’ll be able to see his reviews of other members’ work as well.
You’ll also get access to two exclusive Facebook groups — One where you can ask questions and get help from Stefan and other successful members, and another where members can promote their books by working together with other members. For example, you’ll be able to get reviews on your book on Amazon from other members. The monthly membership program costs $67 per month.
Is the monthly membership for you? This will really depend on your interest and enthusiasm in your Amazon publishing business – some people find an active community very helpful, while others don’t mind doing it by themselves as long as they know how to do it. I’d recommend that you first go through the core K Money Mastery Training program when you’re just getting started; you can always upgrade later on.
To be honest, I’m not a big fan of monthly membership sites. Monthly membership sites cost a LOT of money when you think about the long-term, and they really have to provide enough new value every single month in order for them to be worth their price. And to be perfectly honest, $67 a month is not cheap.
Of course, nothing is making you stay on as a monthly member forever. You can definitely try it out for one month (which will probably be worth it given all the information that is already inside and by the reviews you’ll be able to get on your book from other members). The only question is whether there is enough new value every month to stay on, and that will be for you to decide once you try it out. Everyone will be different.
Kindle Virtual Assistant Training Course
The next upsell will be a training program called the Kindle Virtual Assistant Training Program. This is a full-blown training course that will teach you everything you need to know to run your entire Kindle business on almost autopilot by outsourcing the entire process.
You’ll learn everything from hiring, interviewing and training your freelancers, how to manage your team of freelancers, how to make sure they are most productive, and how to set everything up so that most of it gets done without you having to do a thing.
You’ll also get tons of tools and resources, such as interview transcripts that you can use when interviewing freelancers.
You’ll even get videos that YOU can use to train your freelancers! These videos cover everything your assistants will need to know, such as doing research for your book, getting a cover designed, submitting your book to directories, getting reviews from Facebook, Twitter, forums and other places, and much more. This way, you can leave most of the work to your freelancers.
When you’re writing your first book on Kindle, you probably don’t need this. You can just write the book by yourself or hire a freelancer for a one-time job. But if you’re interested in scaling your Kindle business and elevating it to a full-blown income stream, then I would recommend this course. Obviously, you’ll need the money to invest in hiring a team of freelancers. But this is really the way to set up a full-time passive income stream with a Kindle publishing business.
The Kindle Virtual Assistant program costs a one-time fee of $297.
The 24-Hour Book System
The next downsell is the 24-Hour book system. Basically, you’ll get 10+ lessons on how to quickly write a book by yourself. If you don’t want to outsource your first book or if you can’t afford to do so, you might want to consider getting this system — it will definitely help you with writing your book. It costs a one-time investment of $27.
So, Is K Money Mastery Legit or a Scam? Can It Really Be True?
K Money Mastery is definitely legit. Making money from Amazon Kindle is definitely legit. If you’ve been struggling to make money with affiliate marketing or you’ve been wasting time taking online surveys, you might want to try this out. Yes, you can make money with Kindle by yourself, but if you are a newbie, having step-by-step guidance really helps. The monthly group might be for you if you want the added support of an active community and Stefan himself. You don’t need to be a writer, as long as you can invest a little money in hiring a freelancer to do it for you.