Summary: Recent data from 1189 publishers shows that ebook sales have overtaken hardcover book sales and will overtake paperback books soon. In comparing the same sales period for 2011 vs. 2012, hardcover sales increased by 2.7% while ebook sales increased by 28.1%. It’s difficult for the supply of quality ebook offerings to keep up with this kind of growth rate, so ebook sellers are likely to see stronger than normal demand for their existing ebooks for quite a while. Paperback books are still #1 in terms of sales, but this lead isn’t expected to last much longer. What’s driving this rapid growth in ebook sales? Tablet computers and ebook reading devices like the iPad and Kindle. Most of these tablet devices are geared for consuming content rather than for creating content. This is creating a big surge in demand for apps, games, and of course ebooks. Note: try not to get so worked about about whether or not your first income stream is a homerun vs. a flop. Passive income is a skill to develop for the long run. The only way to really know how well a given idea works is to test it. Read more: > Why Ebooks Are Such a Golden Opportunity on StevePavlina.com > Ebook Sales Surpass Hardcover for First Time in U.S. on Mashable.com > PDF download of "How I Created Six Figure Income" from Vic Johnson Also, check out the Kindle Direct Publishing website. If you're going to publish on Kindle, Amazon provides a ton of information and tools to help you out. And they're free - personally, I wouldn't start spending money on programs unless I had done some investigation first ;)
