Meet Amanda Hocking. She's a 26 year old author who's reportedly making hundreds of thousands, if not millions of dollars a year, selling books. On the Kindle store.
Because she doesn't have a massive publishing company to support, or a warehouse of books to inventory, she can sell books for as low as .99, keeping 70% of the sale, and turn nearly all of that revenue into profit.
Remember all of the app companies that the iPhone economy launched? Welcome to the next wave. From @kylewiebalk.
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