(http://en.wikipedia.org/wiki/Household_income_in_the_United_...)
Even if that weren't true, it's still an inordinately large amount of money to earn in a single day. When is the last time you made 26k in a day?
2. The amount of time spent making the product has nothing to do with the amount of time in which the sales were made. What you're saying is just incoherent. Within a 24 hour period, he earned 26k. The assertion that the time put into making the product also qualifies as time over which he earned money just isn't logical.
He made a lot of money in a short time based on notoriety and marketing. What is so hard to accept about that?
I think it's pretty good, but it's not like Nathan is earning 26k a day every day, it's basically just once or twice a year.
And if you spent several months building up a following, writing a blog, getting people to sign up to a mailing list, not to mention releasing another eBook first, you too could "make a lot of money in a short time based on notoriety and marketing"…
Basically, the moment it was offered for sale, the product was purchased practically sight unseen (altho the article mentions that he in effect pre-released portions of the text to his newsletter subscribers).
Given this, the book could have been low quality and it wouldn't have impacted this sales curve. In which case, the OP could have spent 5 minutes, 5 hours, 5 days, or 5 months writing the book and the sales curve would look similar.
What I gleaned from this article was not that it took substantial effort to write a book to evoke this sort of sales curve, but rather there was a process of building expectation and an audience which would result in substantial sales for a book, regardless of its level of quality. The level of quality became assumed and did not require prior evidence. Thus, labor / effort in writing was not proportional to sales.
The actual time vs. value comparison is irrelevant, though. Regardless of the time and effort it took to make, the 26k figure is pretty remarkable. We would not be having this discussion if he had made 1k-2k each day over the course of the past few weeks.
Moreover, the true quality of and time invested in the book doesn't change the fact that those who bought in the first day likely did so out of ignorance and without knowledge of the quality.
Given the amount of work put in, is it a truly huge payday for Nathan? Not really. Is it still a massive one-day sale figure? Yes.
Tell you what, I live in Tunisia, and still $26K is not huge or even big by any measures
2. Within a 24 hour period, he earned 26k.
Not true, if he were to do it again, he'll need to write another book; and that can't be done in 24 hours. But again, tell you what, I'll accept that argument.
He made a lot of money in a short time based on notoriety and marketing.
He has a brand. No one is born with a brand. You make the brand. The brand is a capital, just like a car or something of value you have. You can't make a brand in 24 hours, far from it.
1. 26k is not a huge amount of money.
2. He didn't make the money in 24 hours. There was a lot of work involved in the writing and making of the book.