Its a great idea to publish other people's books as well as your own. Thank you
@Kindlepreneur8 жыл бұрын
As in to make a contract with an author and publish their books under your LLC? Well, that is what publishing companies do. But you need to make sure that the book you're going to publish is one that has a unique attribute to it that you know you can market, or the author has a fan base that will ensure book sales - but let's face it, that last one will be rare to find as a new publisher with no big name previous success. So, it comes down to "can you market that book and turn a profit." If the answer is yes, then you're in.
@gurutruecrimeguru14056 жыл бұрын
If I'm an American citizen whose lived abroad ALL my life pretty much having been brought to another country could I set it up in whatever state like that? I have a SSN my mother got me as a teen. I've asked two lawyers and the US embassy here and everybody just says "I don't know."
@cathya5865 жыл бұрын
You are absolutely correct with all your information. I do accounting and I work with lots of attorney's. Everyone who is thinking of starting a company should be aware of the downfalls and issues that can arise. That's why you want to form a proper and correct company in the first place.
@flamenfut3 жыл бұрын
@@gurutruecrimeguru1405 Did you get an answer for this? I live abroad as well and would like to know. Thanks
@drizzlemaan6 жыл бұрын
Dude, the opening is the same music for a phone sex line commercial on Comedy Central lmao
@angelicagutierrez65026 жыл бұрын
Thank you for making this video! I really loved it! I want to start my own publishing company! I’m currently writing a book! :)
@Kindlepreneur6 жыл бұрын
Awesome and thanks. Best of luck with that book!
@angelicagutierrez65026 жыл бұрын
Kindlepreneur Thank you so much! :)
@m.j.mcintear7932 жыл бұрын
@@angelicagutierrez6502 how did your publishing go? I'm at mines now
@freedthekreed8 жыл бұрын
Awesome. I'm illustrating a book and want to make a legitimate setup ...thanks for this!
@kumarsasi37637 жыл бұрын
here's several things for making money online Find a person who is already successful and become their student Buy a simple course and follow it. (I read these and why they work on Mackynzie magic method site )
@ArtEkaterinaChernova8 жыл бұрын
Didnt know you live in Sri Lanka :) We've lived in Vietnam. Love the freedom of e-publishing. Great blog and videos. Thank you for sharing!
@Kindlepreneur8 жыл бұрын
+Ekaterina Chernova (LongaBrevis) Thanks Ekaterina! Yup, and very cool!
@hwanglee33302 жыл бұрын
A Vietnam is a great country. I respect how Vietnam rebuild their country.
@tiahio83158 жыл бұрын
I think when it says "select a state" it's not meaning that you get to choose. It means that you select the state in which you reside/where your company actually is.
@Kindlepreneur8 жыл бұрын
+Trisha Hilborn actually that depends. Certain states in that list are ones that you can setup a "Virtual Office" for. When you do this, they will give you a place "place" in a physical office and allow you to use that as the place of business in that state...meaning your LLC can be legally setup in that state. That service will then forward your mail to you, and all is good ;) I don't live in Wyoming, but my office is setup in Wyoming and therefore my LLC was legally able to be setup in Wyoming, which has very beneficial tax benefits.
@yourebooksolutions37218 жыл бұрын
Solid advice. You'll help a lot of people with this information.
@Kindlepreneur8 жыл бұрын
+Your eBook Solutions Thanks!
@lindybb Жыл бұрын
Do you have a current update for this video? It's excellent!
@capitolc44302 жыл бұрын
DUDE U SOUND LIKE RANDY BLYTHE FROM LAMB OF GOD LOL WHEN HE'S NOT SCREAMING OF COURSE LMFAO😂🤣😭
@markbroges5 жыл бұрын
Awesome video, thank you ! One question I have written 8 books and I already have a llC company for motivational speaking. Should I use that as the publisher company or create a new LLC? And will 1 LlC be good enough for all of my books? Thank you David
@cageshowproductions72122 жыл бұрын
Nothing worse than a YT video where Author doesn't even have the courtesy to answer a question that's been up here for 3 years.
@MyNameIsAkil Жыл бұрын
Yes. Publish your books through your company. In short...when you publish something you make it available for the public. Link with 48hr books to print your books (or Amazon kdp) then sell on your website. Create an e commerce.
@Danilio.3 ай бұрын
@@MyNameIsAkil 👍🏾
@jimmydroid78382 жыл бұрын
Solid advice, however, as a self publisher you should sell some books first before jumping on this because well, you'll need $$ to do this. Not everyone can afford a monthly payment for a virtual office. Sell some books first.
@alexandergapour12537 жыл бұрын
I am here because I want to start a company of group writers and take credit for their work whilst paying them
@KyrstOak6 жыл бұрын
Alexander Gapour - So you wanted to be a shitty person while paying them so they can't do anything about it legally. :/
@alexandergapour12536 жыл бұрын
It's not like that I just want to start a company that writes books under one author name
@NoYouHandleIt.4 жыл бұрын
Sun Jara 😂😂
@Jazzie33908 жыл бұрын
I'm hoping to start my own publishing company and this video helped alt. thanks! but I have a question, I'm looking to do ebooks but also print the books. Do you know a good printing company and what steps to take with that?
@Kindlepreneur8 жыл бұрын
+Jasmine McAfee I use Createspace...it's owned by Amazon so its a print on demand. If someone buys the print book on Amazon, then Amazon will print the book and ship it to the person and send you the money..pretty easy for us. I just wrote an article that details the different between CreateSpace and another Print on Demand company called IngramSparks: kindlepreneur.com/ingramspark-vs-createspace-best-print-on-demand-services/
@Jazzie33908 жыл бұрын
+Kindlepreneur Thank you! I do have another question. If you use CreateSpace to publish your books why start a company too? I am really looking into starting a independent publishing company but CreateSpace keeps coming up and deterring me away.
@echoflowerproductions14456 жыл бұрын
Noticed they don't seem to have the Virtual Office option anymore since they've changed the layout of the site. Any advice on that front?
@Beautifymyface3 жыл бұрын
This voice is MUSIC to my ears!!!
@cathya5865 жыл бұрын
Great detail! Thank you so much for doing this video.
@shethewriter6 жыл бұрын
can't you write of expenses as a sole proprietor as well?
@Champagneyear2 жыл бұрын
Thank you for this love from Sweden
@abdoulayeamiesoumah4796 Жыл бұрын
With my LLC, will I be allowed to publish multiple authors on amazon KDP ?
@TheLoveMessages7 жыл бұрын
Does this work for people in Canada too? Pls answer thanks!
@cageshowproductions72122 жыл бұрын
I could get all this info from Legal Zoom. I wanted to know more specifics of WHY starting your own publishing company as a Author benefits you, as in 3 party publisher not being able to rip you off by not reporting your book sales to you. Bottom line is pay. If you own your own publishing company, I'd assume there is no middle man, thus all sales reported directly to you. Is that the case, yes, no? Can someone clarify that?
@bailujen8052 Жыл бұрын
I wish to have a publisher company so i can do the right tactics for game developers to make their games as good as possible unlike Outright games and Gamemill Entertainment
@ambassadorrev.adriennebish46186 жыл бұрын
Awesome. Great Information. I Love It To Life Dave!.
@Kindlepreneur6 жыл бұрын
Awesome and glad to help!
@blakecambel17 жыл бұрын
Hello David, Me and a few friends are starting a publishing company and one of our hardest decisions is coming up with the right name and i was wondering if you had any advise?
@titanmoirangthem2345 жыл бұрын
What about "Abook?"
@vangobabe Жыл бұрын
Yes, make sure it's not Trademarked first.
@dianashelton13716 ай бұрын
Do you keep your “author” income and expenses as individual then sell to your “publishing”?
@matthewchristy9611 Жыл бұрын
Amazing
@thespoilerchic3 жыл бұрын
I love this! Thank you so much!
@guillaumemaurice35033 жыл бұрын
Thank you for sharing this that was very interesting.
@TyhlerNovac7 жыл бұрын
I'd like to know how to get royalty money from my songs... Motown Breakdown and Closer in da club ... Combined views from both videos that were stolen from me are over 20 million views
@christothegreat16 жыл бұрын
Tyhler Novac consult with an entertainment lawyer, or search youtube for keywords music copyright streaming publishing pro
@abdoulayeamiesoumah4796 Жыл бұрын
Thanks for sharing. Very informative
@Silvertestrun2 жыл бұрын
Ty
@Iambekkapearl4 жыл бұрын
Thank you for the video. Question: If you incorporate in a different state that you are performing business in, does the work for hire contracts need to be for the state of the actual business work or the incorporated state?
@Kindlepreneur4 жыл бұрын
Depends. Are they 1099s?
@AdventureHorseRidinginNYS Жыл бұрын
Great info thank you
@mrsrejas8 жыл бұрын
Thank your for your video. Much helpful!
@deyalondaoliver4179 Жыл бұрын
Yess this is what I want to do
@anandhiammu5244 Жыл бұрын
Hi I'm from India I need much clarification ..to procedure to start
@melissaimoudrg_708 жыл бұрын
Great video. Getting my LLC this next week and meeting with my SBA as well.
@Kindlepreneur8 жыл бұрын
+melissa Imoudrg Awesome Melissa...and both are good calls!
@melissaimoudrg_708 жыл бұрын
I have some follow up questions pertaining to starting my publishing company on line. where can I pm you? Thank you.
@Kindlepreneur8 жыл бұрын
+melissa Imoudrg kindlepreneur.com/contact-me/
@salimmasood20815 жыл бұрын
Ok
@77onemanbandii526 жыл бұрын
to confusing for me to understand.
@ramanshahi52977 жыл бұрын
I opened up an LLC using your tutorial in Wyoming, i stay in CA. Whats my best and easiest option to open up a bank account in Wyoming now ? thanks
@carlitosvodka8 жыл бұрын
This is not applicable for all countries. how do you decide which country you register an entity with?
@ntg1289 жыл бұрын
I want to start here in japan, any tips? I have a site and some ebooks.
@Kindlepreneur8 жыл бұрын
+thomas daniels You can. Just make sure you know how to market it BEFORE you start writing it. Most people make the mistake of writing it and then after finishing it, they try to figure out how to sell it.
@buddhistslacker4 жыл бұрын
Thanks! Lots of practical info!
@Kindlepreneur4 жыл бұрын
Glad it was helpful!
@BritchifiedPrunk7 жыл бұрын
love this, thank you! Subscribed.
@Kindlepreneur7 жыл бұрын
Awesome and glad it helped!
@JeremySutton13 жыл бұрын
Great Video Dave! Thanks!!
@Kindlepreneur3 жыл бұрын
Glad you liked it!
@5acresoffgrid5908 жыл бұрын
Hi, I am a self-publishing coach, I not only publish my own (about 34 books) But I publish for others on Amazon and Kindle. What would be the benefit for me to become a publishing company?thanks
@Kindlepreneur8 жыл бұрын
+5 Acres OffGrid The beneift would be liability coverage and taxes (if the amount of income from your books combined with your personal income would place you in a new tax bracket).
@thedenmeister64148 жыл бұрын
My plan is to release EBooks of old and rare movie novelizations. like Halloween, Friday the 13th, Robocop, Back to the Future, etc.
@viralbuthow0008 жыл бұрын
Rights would be pricey, no?
@thedenmeister64148 жыл бұрын
roscoegino Unless I get distribution rights
@Kindlepreneur8 жыл бұрын
+DenMon 2019 Bingo
@julienefray7992 Жыл бұрын
Can persons outside the US use this My New Company website ?
@user-ws1jc1jf5h2 ай бұрын
Mag inquire lang kung magkano Ang bayad sa publication
@gurutruecrimeguru14056 жыл бұрын
So this information is only for the USA? Love all your videos by the way and thinking of buying Rocket.
@Kindlepreneur6 жыл бұрын
Yes, based on setting up a company in the US. And super glad you enjoy them :)
@GCDMedia5 жыл бұрын
I've have an LLC for my video business. Could I use that? And how do I register my songs through it? Thanks
@Psnatiraxoxo Жыл бұрын
This had NOTHING to do with publishing.
@truth_treeАй бұрын
The title says how to start a publishing company... not how to publish. 2 different things. The video is what it claims.
@jenniferharris618 жыл бұрын
Awesome! Thank you!
@observerfx2126 жыл бұрын
Very helpful!
@ednaemmanuel14056 жыл бұрын
Hi Dave Great Video, please permit me to ask; did you use screenflow for this video? Charisa wants to know :)
@Kindlepreneur6 жыл бұрын
Yup
@ednaemmanuel23066 жыл бұрын
Kindlepreneur Thanks!
@MrParlophone19925 жыл бұрын
This looks awesome. I am wondering tho, can non-US citizens start a company in the US in this way as well?
@Kindlepreneur5 жыл бұрын
They can (but check with a lawyer who specializes in your country because some countries have some weird laws), but they'll need a bank account in the US.
@m.j.mcintear793 Жыл бұрын
Does this work for multiple authors to publish under your publishing company too
@catherine_louw Жыл бұрын
Can you do this without US citizenship?
@juggernaut48985 жыл бұрын
I like the intro music
@Kindlepreneur5 жыл бұрын
Yeah, me too.
@entcamptv3 жыл бұрын
SUPER AwesomE !!!!!!!!!!!! ...
@Kindlepreneur3 жыл бұрын
Glad you like it!
@amypease72716 жыл бұрын
Great video, thanks!
@Kindlepreneur6 жыл бұрын
Thanks and glad to have helped!
@B.K.8 жыл бұрын
very helpful, thank you
@Kindlepreneur8 жыл бұрын
+Brandon Kaminsky No problem!
@goodamericanjeansstylist2 жыл бұрын
Thanks 😊
@charlesmorris6204 жыл бұрын
Dave, if you are the only one on the LLC does IRS look at it tax-wise as your own income and not separate as a business? I know thaat by teh number of members they can look at the LLC as a corporation, partnership, or the owner's tax return.
@Kindlepreneur4 жыл бұрын
From everything I've experiences and from discussions with my CPA, no.
@christinec7086 жыл бұрын
Does it apply for Dominican Republic? Need answers pleaseee
@josephcaldara35206 жыл бұрын
Hey Dave, the buttons to access the free book on Kindle rankings isn't working for me. Do you have a link to this book?
@Kindlepreneur6 жыл бұрын
it should be on hte VIP page which was in the first email sent. Was that not it?
@gingertansil34928 жыл бұрын
My sister passed only after starting a publishing co and publishing 5 or 6 books for others and was in the middle of putting together a deal to publish yet another... she included me in her comp before she passed, these ppl want me to publish their book. May I use my sister's ISBN number? I don't wanna assume her debts, the business has the family name. What do you think? By the way, your video was really informative!
@727-k6i8 жыл бұрын
sorry bout you sister
@shewhoiskay18 жыл бұрын
Sorry, my condolences, happy to are carrying on her wishes. I'm praying for your successful like your sister. PEACE & ALWAYS LOVE TILL-TIME INDEFINITE FOREVER WHERE WE WILL SEE OUR LOVED ONES AGAIN ♡♡♡♡♡♡♡......
@bettymokua58347 жыл бұрын
Will this help me or apply in South Africa?
@wholesalesoapbars80245 жыл бұрын
For Publishing purposes, would you recommend LLC over S-Corp? If so, Why?
@Kindlepreneur5 жыл бұрын
I actually go into that specifically in my updated article here: kindlepreneur.com/how-to-start-a-publishing-company/ Ultimately though, I prefer the LLC taxed as an S-Corp
@wendyowen9697 жыл бұрын
Wish I could set up a company in the US. I'm in Australia
@vangobabe Жыл бұрын
He's in Sri Lanka and he did.
@pronomianpublishing7512 жыл бұрын
Dave, do you have a printing company you recommend? My partner and I recently filed and was approved for our LLC and now we are seeking for a high-quality printing company.
@LoiceWanjiku-y1o4 күн бұрын
This is good 🎉😂😂
@antonisantoniou87476 жыл бұрын
Hi Dave. I have been in publishing business as a hobby since last February. I outsource my books. My question is I live in Europe. So in this case how do I established a company? Your video applies from non us as well? Thank you
@Kindlepreneur6 жыл бұрын
I've actually got a podcast recording setup with my Business Lawyer and that will be the exact focus of the recording. So, if you're a subscriber, you'll be able to find out there. If you're an American, then the answer is yes for sure. I created my LLC from Sri Lanka. Hope that helps.
@antonisantoniou87476 жыл бұрын
Kindlepreneur hi. Yes im a subscriber but I'm not an American citizen. So in this case what should I do?
@Kindlepreneur6 жыл бұрын
That podcast episode will cover that..
@kamuastrology6 жыл бұрын
Hi Antonis, i am providing book typesetting services at low cost. Also first project free, i will charge from second project. if you want to establish your company, i can help you. email: info.sarvan@gmail.com
@catherine_louw Жыл бұрын
Where can we find the podcast episode?
@blessedandfavored92425 жыл бұрын
Can a kid start a Publishing company
@vtown13642 жыл бұрын
Has anyone used this service to start a company?
@theroyalbuiltmediagroup20668 жыл бұрын
Do you have information on how to self-publish your own music?
@Kindlepreneur8 жыл бұрын
Not specifically for music, but the business discussion on setting up LLCs and how to ensure you're a legitimate business is all in the video and article
@theroyalbuiltmediagroup20668 жыл бұрын
Ok, thank u sir. Many blessings!
@yd51318 жыл бұрын
Doe's this structure apply to US only as I am from the UK?
@Kindlepreneur8 жыл бұрын
I based my research on US corporation creation. So I can't say whether or not it's useful for UK.
@advocateketanbawane22107 жыл бұрын
hey I am lawyer.how can i help u
@peterdeneke84015 жыл бұрын
can I do it if im overseas ?
@Kindlepreneur5 жыл бұрын
You'd need to open a US bank account...then yes. That's what I did.
@allacates92117 жыл бұрын
I'll just create my own pictures
@observerfx2126 жыл бұрын
Same issues can be had from words and ideas, tho.
@cageshowproductions72122 жыл бұрын
The only question you should care about is do you get paid more? And does owning own publishing company prevent you from being ripped off by seedy 'other' publishing companies that may not report sales to you...that's all that matters! All this other giggly googly stuff is childlike feel good chatter.
@theroyalbuiltmediagroup20668 жыл бұрын
Do you have information on how to self publisher own music?
@Kindlepreneur8 жыл бұрын
See above ;)
@epiclycoolman39625 жыл бұрын
I- I- I- I- I- I- I - SCUBI PAP APPA SKRRRRnn
@CalvinRossWorld6 жыл бұрын
Great information thanks a lot. Check out the music videos on my page 🖤