King's recent $450,000 in 3 days from ebook marketing is big news for we Internet entrepreneurs.

His 66-page ghost story, Riding the Bullet, racked up more than 400,000 orders at $2.50 a download in the first 24 hours after it was made available last week, according to his publisher Simon & Schuster.

That means the story beat the first-day sales of all King’s best-selling novels. King told Time that he will earn at least $450,000 from his story, beating the $10,000 he says magazines such as Playboy and the New Yorker would have paid.

Many in the publishing industry are calling it the watershed moment when a best-selling author ventured into e-books, a medium that had only been sporadically used by a few writers, and never by a top seller.

As the Simon and Schuster press release puts it, the experiment is a chance to go from Stephen King’s computer to the reader in a fraction of the print-book publishing arc. It also is a leap into the digital future that takes the eBook from the realm of novelty and directly into the very mainstream of today’s culture.

But what does this all mean to us?

Well as an internet entrepreneur this has got to get you pretty excited.

$450,000 in 3 days from marketing an ebook.

That's excited me plenty. What King has shown is that if you've got the right product - if you've got something that people want to read - you can make a quick fortune online.

It helps to have the name, and the attendant free publicity, of course. But having the right product also helps generate publicity and helps you build your name.

Now I'm not going to say something stupid like we too can pull the same number of sales, but I can show you the steps you need to take to pull in an ebook income off the net.

Plenty of other people are doing it, and you can join them. Here's how:

* You need a product. Preferably in these days of instant gratification a ebook. An ebook can be delivered almost immediately, and it is extremely low cost to produce. Virtually nothing but your time, your skill, and hard work.

* Find your niche. We've all got one. We've all got some knowledge that others are willing to learn. It's just a matter of you unearthing your knowledge, of creating it into a product, and aiming it at your niche market.

* This product creation is not as simple as bashing out the words on a word processor. It has to be researched, planned, put together into a saleable package. The best way of learning how to do this is to invest in Ken Evoy and Monique Harris's Make Your Knowledge Sell. Yes it's an ebook, so like King's work it's available for immediate download. You can read more about it by clicking here http://salesnow.sitesell.com/myks

You can, of course, buy expensive courses teaching you product creation, but this book is ten times better value.

Another very good ebook, which tightly focuses on the subject of creating ebooks is Chayden Bates newly updated ebook "Ebook Marketing Explained". You'll find his book at http://www.ozemedia.com/ebm.htm

* When you're done reading these 2 ebooks and you're ready to develop your own product, you need an ebook creation tool. There are quite a number on the market now, but one stands out for us net entrepreneurs because it comes complete with an affiliate program which you can promote in the ebook you compile and sell.

This means you'll end up profiting in 2 ways. Through the sale of your ebook and a further $15 in profit every time someone buys the creation software. The program is E-ditorial Pro and you can read more about it at http://lightning.proThird Sphere Hosting/~ebooks2

or read some reviews and comparisons of ebook creators at