9 Business Ideas for the book readers (9 Actionable ways) 2020

There are many people out there who loves to read book but they are not making money from this hobby,

I must tell you that if you are not making money from reading books then you are missing one of the biggest opportunities to make money in 2020.

There are a number of entrepreneurs who are making a lot of money from this hobby and one of them is now the world’s richest man.

Yeah, I am talking about Jeff Bezos. He had also started making money from this hobby, he used to read a lot of books so he decided to make it a business and sell books online.

So, here are 9 business ideas for book reader or for the people who love reading books

1. Start a Youtube Channel of audio books

In today’s date, Many people don’t have that much time to read books so they listen to book summaries or audiobooks on YouTube and any other platforms.

So making book summaries or audiobooks can be very helpful to the audience on YouTube and this can be a very profitable business idea for you to make money with your hobby of reading books.

Now the question arises how to monetize your YouTube channel

There are several ways to make money from Youtube but the best and easiest way to make money from Youtube is Google AdSense, besides that, you can also do affiliate marketing by sharing your affiliate link in the description of your YouTube video.

You can also analyze YouTube channels like Seeken and Yebook these two YouTube channels are one of the biggest Audiobook summary channels.

Analyze how they have monetized their YouTube channel and you can do the same.

Affiliate Marketing is also one of the beneficial way to make money from your book summaries channel.

You just have to register yourself as an affiliate on Amazon, then you can sell books from Amazon and earn a commission.

Starting a Youtube channel is one of the most profitable and beneficial business Ideas for book readers.

2. Start a Book Blog or Podcast

There are a lot of people on the internet who are interested in reading, but many of them have not yet started reading regularly.

So you can start a blog and guide such people on how to start reading a book and techniques to read books and which book can be the best to start reading.

So you can help them to solve those problems and on the other side, you can make a lot of money from this Business Idea as there are a lot of ways to monetize a Blog.

You can also sell books on this website with the help of Amazon and you can make a commission on every sale generated on your blog.

So how to start a Blog

Starting a Blog and making money from it is not a small process, so you have to learn blogging and how to rank on Google, but I can give you a simple overview on how to start a Blog

Choose a Domain according to your niche
Then hosting
After that set up your blog
Start posting articles on that website
Learn on-page and off-page SEO
And earn money

This is the 2nd business Idea in our list which is one of the best Business Ideas for Book readers

3. Sell your used books Online

If you have a large collection of books and you have read almost all of those books then you can sell them online and buy new to read more or to earn an extra income.

Many people struggle financially to buy new books, you can sell your books to them.

This business idea can’t generate a regular income but it can surely make you an extra income

4. Recommend best books on social Media

There are many people who want to know the best book for them in their industry to read and gain some more knowledge about their field.

You can suggest some best books according to you and you can make money out of this, obviously, they are not going to pay you, but if you can gain some followers by recommending the best books.

Then there is no doubt you can make money by promoting some new authors or books on social media.

Instagram and Tiktok are the best platforms for you to start this business idea without any investment or capital

You can make content on topics like – best books for entrepreneurs, best books for becoming a chief, best books for more productivity, best books for investing, best books to manage your time, etc.

5. Become a Consultant

If you have read a lot of books around any specific niche like Business, Finance, Investing, cooking or anything then you might have collected a lot of knowledge of that niche.

So you can easily consult anyone interested in your niche
For ex. You are very interested in Investing and you have read a lot of books on investing like Rich dad poor Dad, The intelligent investor, Common sense Investing etc. and you have invested and made profit in Investing then you can easily guide anyone on how to invest money in Stock Market.

This can easily make you some hundred dollars, but if you are very profound in any field then you can easily charge more than a thousand dollar according to your client.

You can also consult small and big businessmen and their employees.
And if you think that you don’t read intellectual books or you can’t consult the books you read, then you can make a course on how to read a lot of books and technique to read books fast.

6. Write your own Books

If you have gained a lot of knowledge on any particular topic then you can write your own book, if you are not very much interested in writing then you can hire a writer who can write a book for you.

You just have to speak and he will convert it into text, there is one more way to convert your spoken words into text and that is google docs.

Go to docs.google.com and select blank document, then select tools and click on voice typing and then it will convert your spoken words into text, of course there will be some errors but you can easily edit it.

After writing your book you have to publish it, but I want to warn you here, don’t go by traditional way it can cost you a lot of money, you can easily publish your book on Amazon without any fees.

Learn More about how to publish book on Amazon

7. Become a book Editor

If you find writing a very hard job then here is our next Business Idea for book readers and that is Becoming a Book Editor.

Because of reading a lot of books you might be having a strong command on language and grammar, So you can read get a project of checking grammatical mistakes on the book before the author publishes it.

You can start getting clients for this Business from freelancing websites like Fiverr, Freelancer.com and upwork.com.

For starting your Business or career as a Freelance proofreader visit this article

For making a full time Business you can also start your own blog on your topic and post projects done by you on that website and make a portfolio.

And offer proofreading service on that website.

8. Start tutoring Business

As I said earlier if you have collected a profound knowledge on any particular topic then you can write a book on that topic likewise you can also start tutoring business if you have a good command in any particular topic.

There are many Online platforms like udemy, coursera and many more where you can start instructing students, you can also start offline tutoring.

For starting Tutoring Business you just need good communication skills and skill to explain complicated things simply and easily and a little bit of Investment.

Youtube can also be a great platform if you want to instruct or teach something.

There are lots of knowledge-seeking people on youtube who can support and appreciate you for your work, but the exception is that you should be good at your work.

Even I have earlier discussed about starting a Youtube channel and making money out of it because it is one of the great ways to make money Online.

This is one of the best Business Ideas for the people who love reading books.

9. Start selling Books on amazon or start own store

Selling books on amazon is also one of the best Business Ideas for book readers , but it doesn’t need your interest in reading books.

You just need to know how to sell any product on amazon and after that you can sell any products as per your wish on Amazon.

There are many tutorial videos and articles available on the Internet where you can learn how to sell any product on amazon and make profits.

But this Business Idea needs some Investment of keeping stock and delivering products to the customers etc.

Conclusion

These were the 9 Business Ideas for Book readers and according to me if you just want to make some quick money or don’t want to invest more time.

Then selling the used book online and becoming book editor on freelancing websites are the best for you.

And if you are looking for a long term passive income Business ideas for yourself then all others are best for you.

These all Business Ideas except that two need some investment of money and time and you have to learn new things for starting these Business Ideas.

I hope you have liked these Business Ideas and comment such more Ideas if you can suggest some more Business Ideas for the people who love reading.