Description
Dear Internet Friend‚
I want to tell you a 100% true story about how a simple man with seemingly no ambition (and was constantly teased for too often ‘day dreaming’ while in school) created a business empire worth billions (yes‚ billions) using books that were in the “public domain” that you can resell for 100% profits…
FROM: David Vallieres‚ Editor‚ The Public Domain Report
RE: Profiting From Public Domain Information
Dear Internet Friend‚
I want to tell you a 100% true story about how a simple man with seemingly no ambition (and was constantly teased for too often ‘day dreaming’ while in school) created a business empire worth billions (yes‚ billions) using books that were in the “public domain”.
But first‚ if you’re not familiar with the term “public domain” allow me to help give you at least a general idea of the legal and business power contained in these two words. At a very basic level‚ “public domain” means…
…anything that is NOT protected under US copyright law. This includes ALL works published before 1923 AND‚ under certain conditions‚ works published up to 1978. A ‘work’ can be anything: a book‚ a play‚ music‚ photographs‚ movies‚ instruction manuals‚ courses‚ reports‚ posters‚ etc…
Re-publishing and re-packaging public domain information and other creative works can make you a lot of money. The reason is fairly simple: If you find‚ re-package and sell information that has fallen into the public domain you do not have to pay royalties or copyright fees on that work. Can you tell me about any other business that…
… you can resell over and over and keep 100% of the profits without paying a penny for the acquisition of it and not ONE CENT in royalties or copyright fees for its continued use?
In any normal business start-up you will be required to provide a Tax ID number along with other documents and proof of your business registration just to be able to buy products for resale! Then‚ until you’ve had a chance to establish ‘terms’ with your wholesaler‚ you’ll be required to pay cash‚ up front‚ for all your starting inventory.
If you’re buying widgets for £4.95 wholesale and selling them for £9.95 you must constantly re-invest that £4.95 in more widgets. In order to do a large trade in widgets you’ll need a large inventory! Before you even open your business door you’ll have to invest £50‚000 to £100‚000 in widgets and as soon as you sell one of them you have to take £4.95 out of that £9.95 sale and plunge that right back into buying more widgets! I call it the ‘black hole’ of retail business‚ because you will…
…constantly have up to £100‚000 or more‚ depending on the type of business you operate‚ tied up in cold‚ hard inventory for as long as you are in business!
Let’s contrast this normal business start-up with one that is started using 100% FREE public domain information as their ‘widget’.
First‚ I should state clearly that there is not another business in the world that is more profitable than the ‘information business’ i.e. selling books‚ manuals‚ reports‚ photographs‚ posters‚ coupons‚ gift certifictaes‚ courses‚ etc…but…
The biggest problem for most individuals who want to enter this enormously profitable business is that they have to either create their own information product or secure (by paying an up-front fee) the rights to sell someone else’s product.
Again‚ for most individuals ‘creating their own information product is very hard to do… they can’t write or don’t like to write‚ they find it…
…difficult or impossible to even think about writing an entire book!
If you love the idea of publishing information as a business model but you don’t want to or can’t create your own book or manual…what do you do?
Let me give you another example. You find a deal where someone else will allow you to purchase a ‘re-sale’ license to their book or manual. In most cases these ‘rights’ can be purchased inexpensively.
The problem‚ of course‚ is that everyone else has discovered this secret and …
…have purchased the rights to the same book you just bought and is selling it all over the Internet!
Not only have you lost exclusivity‚ but in most cases the ‘product’ has been discounted to attract sales that there’s no profit margin left in the sale of the book! On ebaY ebooks are heavily discounted and sell for pennies. What profit is there in that?
Now‚ you can also purchase rights that are much more expensive and exclusive… £900‚ £1‚500 up to £15‚000 or more for the ‘rights’ and‚ in many cases‚ you’ll have to pay royalties on each sale payable quarterly to the copyright holder. This will certainly make your product more exclusive and sales will be better‚ however‚ you are still faced with enormous competition… because the investment required to purchase these rights will have attracted the most dangerous competition of all… sophisticated marketers or as I like to call them‚ “players with money”
Yes‚ these players are competing against you! Not good news if you’re just starting out or want a good chance at making a lot of money with your ‘reprint’ right product.
Like I said‚ let’s contrast this business start-up with one that is started using 100% FREE public domain information as their ‘widget’.
First‚ securing the rights to public domain information will cost you nothing- they are 100% free to use! It may cost you a few dollars to ‘buy’ a used book or course you find in a used book store‚ but those costs are really minimal.
Second‚ there are thousands of works to choose from in thousands of categories and since almost no one knows this kind of opportunity even exists…
… you will be able to dominate entire markets before your competition even knew what hit them!
Third‚ since you do not have to purchase a large stockpile of inventory and you have no major competition you can spend your money where it matters most: creating marketing that makes you money!
Why now? Why public domain information?
First‚ there are books‚ courses‚ manuals and music and other creative works whose copyrights expire almost every day. These are all ‘products’ that are FREE for the taking‚ if you only knew how to find them and how to re-publish them!
Second‚ the vast treasure of public domain information is growing daily and a very tiny‚ minuscule percentage of the business public even know that they can be used without permission‚ without cost and without royalties or fees or how to go about documenting that they are in the public domain to protect themselves.
Third‚ it is absolutely the easiest way to start or expand an existing business with such low risk and such high profits ever in history! Your product is ‘free’ and when you sell it you keep 100% of the profits. If you ever see a better opportunity‚ please let me know!
This is a massive opportunity that has been created with the recent copyright expiration of thousands of books‚ music‚ movies and other ‘works’ that have passed into the public domain in just the last few months and years‚ so…
There are really no limits to the creative business ventures you can start with public domain treasure!
And‚ since there are thousands of works in the public domain- they are simply ‘there’ – you don’t have to do anything to create the information- they are just waiting to be re-published and…
…they are ALL FREE for the taking!
So‚ they are ‘free’… but how do you profit??
You can do exactly what I did… digitize the information‚ create an ‘ebook’ and sell it on the Internet‚ creat posters‚ etc…. One book I re-published is about “day trading”‚ another book is on “mind reading” and another book is on “advertising and copywriting”.
As I mentioned‚ when you find a work that’s in the public domain you can digitize it (with a scanner hooked up to your computer) you can have it published as a ‘real book’ and sell it on Amazon‚ or sell it as an ebook or even create a ‘course’ and publish it!!… the possibilities are endless and the profits staggering.
Not every kind of work in the public domain will have a market but here are some examples of books you could be re-publishing that have an excellent market right now:
Books on mind reading‚ thought transference‚ etc
Books on marketing‚ advertising and copywriting
Books on trading stocks and commodities
Books on collecting: figurines‚ wedgwood‚ pottery‚ etc
Books on hand writing analysis‚ palmistry and the occult
Books on herb remedies and natural healing
Children’s books and stories (especially those with color illustrations)
Posters (or images that can be turned into ‘posters) of all kinds -the ‘patriotic’ ones are especially popular right now
Radio shows‚ music and movies… and so much more!
