If you have a passion for reading and want to turn your hobby into a business venture, knowing where to start can be difficult. Whether you enjoy writing or want to share book reviews with others, bringing out your creative side and starting a business that you’re passionate about can turn your dream into a successful reality. With that in mind, here are 5 great business ideas for book lovers.
Start a Book Podcast or Blog
Book blogs are becoming increasingly popular for writers and readers who need more exposure for their books, however, as it’s a crowded marketplace, you will need to do all that you can to stand out from the crowd. To do this effectively, there are several routes that you can down, such as by picking a specific niche or target market. Another option can be to deliver book reviews or other information through the form of a podcast. You can make cash from book blogs in various ways, such as by selling books through platforms like Amazon. If you aren’t sure how to do this, there is a guide on how to sell books on Amazon which can guide you through the process.
Become a Book Reviewer
While getting paid for reading and reviewing books can be possible, it does require patience and diligence. If this sounds like your calling, the best place to start is by setting up a blog that you can leave reviews on. Not only will doing so give you tons of practice, but you can also begin to build a portfolio of your reviews that media outlets can check out. Once you’ve gained experience, you can start pitching yourself as a freelance reviewer to companies such as Kirkus.
Write Your Own Book
It’s said that 81% of us have a book in them, however, only 1% of us write one. If you’re in the one percent who wants to create a book and share your knowledge with others, this could be a business venture for you. While authorship isn’t the best way to make a living, if you prepare a great story, create an effective marketing plan, and find the right target audience, writing books can be profitable in the long run.
Launch an Editing Service
The publishing field has completely changed thanks to Amazon. In today’s world, authors are able to get their books out without the need of an agent and traditional publisher, however, you will still need help and guidance to make sure your books are readable. There is a growing need for editors to step in and help authors along the way, so if you have an excellent command of language, grammar, and styles of writing that match the genre of books you wish to edit, this sort of role may suit you best.
Start a Publishing Service
There are many writers out there who want to get their books out as quickly as possible, however, they may not have the knowledge or time to get everything in order, which is where a publishing service comes in. If you would like to launch your own publishing service, you can offer a variety of services such as editing, cover design, and formatting for print and eBooks. If you don’t have the skillset or knowledge to do these services, hiring a contractor to perform the tasks while you oversee the whole process is advised.
While some of the businesses listed above may be easier to run than others, you need to remember that any kind of business will require hard work, determination, and patience. If you are a book lover who’s willing to put the graft in, any of the suggestions listed can be a great launching pad for a successful business.