3,99 €
Mehr erfahren.
- Herausgeber: Stefano Calicchio
- Kategorie: Fachliteratur
- Sprache: Englisch
- Veröffentlichungsjahr: 2021
Would you like to find out how to turn your ideas into income? Would you like to create income that is not derived from working on an hourly basis? Do you know how to turn your creativity and talent into royalties?
This guide is designed to answer questions like these. It is generally believed that earning money from creative work is only available to world-class professionals: brilliant inventors, musicians, artists or writers. Today, on the contrary, there is a real possibility for everyone to create royalty income.
Creating income from digital content, art or simply from your ideas is therefore a path that requires knowledge, training and application. But the web has made the opportunity to turn your ideas into money more accessible. This guide takes you by the hand and explains step by step how to generate income from editorial, artistic, photographic, musical content and your ability to generate value for others through intelligence and creativity.
Das E-Book können Sie in Legimi-Apps oder einer beliebigen App lesen, die das folgende Format unterstützen:
Ähnliche
Stefano Calicchio
ROYALTY ANNUITIES
Table of contents
Introduction
Chapter 1: How to create royalty income
How to create royalty income
What are royalties: an operational definition
How to get royalties from the digital world
Case History: online digital shops
The convenience of royalty income
The advantages of royalty income
Secret sources used by royalty professionals
Self-assessment test to generate royalty income
Self-assessment tests
Chapter 2: How to create royalty with writing
Generate Royalty by writing
Difference between traditional and digital publications
How to generate royalty income from traditional publishing
How to generate royalty income by writing online
How to get writing royalties off the ground
Other forms of writing royalties
How much can you earn by writing
Chapter 3: How to create royalties with art
Earning with your art
The mistake of emerging artists
How to live off royalties from your art
Main differences between sale of the work and licence
Case History: the Forrest Gump T-shirt
Increasing royalty income with arts marketing
Thinking about the work of art from a royalty perspective
Chapter 4: How to create royalty with photography
The photography market
Traditional methods of earning money through photography
The 'microstock' market: let's turn the concept around
Main differences between traditional and microstock photography
The operating strategy for making money with microstock
Case Histoy: the Fotolia case
Final considerations on microstock royalties
Chapter 5: How to create royalties with music
The digital music market
The crisis of the traditional musical model
Differences between traditional and digital music models
How to generate music royalties online
Case History: the Tunecore story
Some music marketing ideas
Chapter 6: Other royalty income
Expand your royalty income
Generating royalties with programming
Monetising the big mobile network trend
Other methods of creating royalty income
Case History: The Kentucky Fried Chicken Case
Final considerations for turning ideas into royalties
Chapter 7: The royalty income business plan
The royalty business plan
Creating the idea to be monetised
First part of the royalty creation plan
Turning the creative idea into an income stream
Second part of the royalty creation plan
Marketing and promotion plan
Third part of the royalty creation plan
Starting to earn
Conclusions
All rights reserved.
Any violation will be prosecuted in accordance with the law.
Stefano Calicchio may, for a fee, grant permission to reproduce a portion of no more than one-fifteenth of this volume. Requests should be sent to the following e-mail address:
Copyright information
Author: Stefano Calicchio
Copyright: © Standard License - All rights reserved
Introduction
Would you like to find out how to turn your ideas into passive income? Would you like to create an income that is not derived from a fixed hourly job, but rather is guaranteed by your creativity and talent? If the answer to these questions is yes, then this manual is for you.
Imagine a business that does not require you to invest a large start-up budget, manage complex administrative procedures (typical of entrepreneurial management) or deal with employees, suppliers and customers. The only real cost you will incur is the hard work and man-hours you will devote (especially initially) to creating your royalty income.
What you will find in the next few pages is not just the result of a simple (albeit thorough and precise) study or pure independent research, but rather a step-by-step explanation of what I and many other digital content creators have done to build an alternative source of income to the more traditional practice.
It is still generally believed that such earning mechanisms are only accessible to world-class professionals (genius inventors, singers, artists or writers) who are able to earn millions from their publishing, artistic and musical products or expertise. Today, on the contrary, there is a real possibility for everyone to create a royalty income. Creating income from digital content is therefore a path entirely dedicated to the art of passive income generation, to turn your ideas into money.
The amazing thing is that while some individuals have realised the very high potential of this particular form of economy, most people are completely unaware of the very existence of royalty income. Others still believe that royalty income is something exotic or too complicated and complex.
I would therefore like to suggest to you right from this first introduction a concept that will prove to be the common thread throughout the theory and practice of this manual: today anyone can create from scratch a simple passive income or a real fortune through royalties, without necessarily being a financial guru or some high-potential sector. All this, with zero euros as initial capital. Why is this possible? Because those who know the techniques to create income from royalties do not necessarily have to leverage money to create more money, but rather on their own know-how and on the basis of knowledge that is mostly ignored and unused by the masses.
But there is more. Thanks to the internet and the spread of e-commerce, it has become increasingly practical, basic and fast to generate digital income based on the concept of royalties. For this reason, I firmly believe that in the economy of the near future, everyone will potentially be able to supplement their traditional work with an income from their creative skills. Royalties obtained through the web are already a real practice in the global marketplace and are advantageous compared to any other traditional or digital business, because they do not need to be constantly monitored after they are started and can work automatically for many years.
As if all this wasn't already a valid stimulus for further study, in the next few pages you will discover that in many countries of the world royalty income benefits from particularly benevolent tax deductions. So it only remains for me to accompany you on the first pages of this exciting journey to discover a valuable and stimulating opportunity for economic success, wishing you the personal and financial growth you are seeking.
Chapter 1: How to create royalty income
How to create royalty income
The first chapter of this handbook will provide you with a series of practical tips on how to generate income through your creativity. When I discuss this topic with friends and acquaintances, I often find myself faced with rather astonished or stunned faces.
And yet, there has never been a society that has given so much attention and interest to intangible values: today we drink a certain drink or wear a certain pair of jeans not only for the materials of composition, but for the intangible idea that is associated with the brand. Literally, we are paying not only to have a certain object as such, but for the idea and the style that the company associates with that object.
Generally speaking, if until yesterday achieving economic success meant conquering the mass market (with the consequent implications in terms of real chances of success), today a real process of democratisation of possibilities has taken place.
As we will see in the course of this manual, the web already offers all the tools you need to monetise your creative talent. There are sites, portals and business systems that allow you to sell the fruit of your writing, your art, your photographic or musical talent and even your ideas.
What nobody had done so far was to organise this important knowledge and opportunity base and to offer concrete operational strategies to seize these opportunities. On the other hand, generating income according to these principles is not at all obvious or automatic. In fact, it is the income you get that is automatic, not the effort you have to put in. Succeeding in this context requires hard work. The real difference with a traditional business is that royalty income can provide you with cash flows for years and in a way that is unrelated to your daily work.
I often find myself thinking about what the training and personal growth that I am summarising in these pages has meant to me. When I realise that someone in some part of the world is buying the fruit of my research and passion, all the effort and sacrifice to achieve the goal takes a back seat.
Creating royalty income requires the application of strategies that are easy to employ once the basic know-how has been learnt, but it is not an easy task. Although everyone has the potential to achieve the goal, personal commitment and motivation play a key role.
There are two parts that I consider essential for a good development plan in the sector, capable of generating automatic income:
Access to the creative part of your mind. This should be understood in the broadest sense of genius, talent, creativity, imagination, inventiveness and a passion for developing innovative and unconventional ideas. The idea that generates royalty income is the one that stands out from the crowd and has the right ingredients to enrich and add value to people's lives.
A method that allows you to develop and monetise your creative and intangible skills in an economic sense. These are the very skills you will learn by reading this book.
From the above assumptions, it becomes clear that generating income from royalties is not something to be taken for granted; you can therefore understand why the percentage of the population taking advantage of this opportunity is so low.
Like any other business, royalties require the habit of accessing your talent and a lot of hard work for the subsequent monetisation activity. The good news is that once you get past the initial hurdle, the rewards (not just financial) that this activity can give you will pay off exponentially.
What are royalties: an operational definition
So we come to the most obvious question after the assumptions we have outlined in the first pages of this book: what are royalties really? There are many definitions of royalties depending on the point of view with which you want to analyse them. For example, you can study them from a legal, financial or marketing point of view. For the purposes of our purpose, we will start with a more general classification:
Royalty means the monetary consideration given by a user or licensee to the owner of an intellectual property, who assigns his right to exploit the intangible resource.
