1. Expect Instant Success
Yes, there have been some wonderful cases of amazing instant success on Kindle, but it is not the norm. Most writers have to publish 10 or more Kindle books before they start to earn a decent amount of money.
2. Treat Writing as a Hobby
Writing kindle books is not a hobby. It can be a part time job, a full time job, or a way to build up a passive income for retirement. Treat writing as a job and it will earn you an income just like any other job.
3. Failure to Set Work Hours
Create work hours. Schedule time to write and schedule in 15 to 30 minutes each day to check on your sales and, if they are important to you, the reviews for your books.
4. Failure to Set Income Goals
How much do you want to earn each month from the sales of your Kindle books? Write that amount down and post it somewhere you can see it. Work towards that income goal with the knowledge that sales will fluctuate depending on the seasons, holidays, and what is trending.
5. Don’t Track Expenses
There are expenses related to writing, from purchasing a Kindle book cover to the electricity you are using to write your book. Keep track of all of your expenses for tax deductions. Talk to a tax preparer to find out all the deductions you can make.