Business
The Fastest Way to Turn What You Know Into Serious Dough
Creating and marketing information products is the ideal business and
it's something that anyone can do. But many people struggle in getting
started because they can't decide which way to go. Everything you hear
these days online and elsewhere is about finding high-profit niche
markets and creating products for those markets.
That in itself is not a bad model to follow. After all, if you want to earn money from your writing efforts it helps if there's a readily accessible, hungry market looking for the kind of solutions you can provide. But for the first time author, the choices can seem overwhelming and the whole niche marketing approach confusing.
But there is an easier way. If you've found yourself wanting to create an information product but spinning your wheels as to what to do next, this article is for you.
I suggest beginning with what you already know. Turn what you know into an information product. It could be a simple report or booklet, or even a full-fledged manual or home-study course. I suggest starting with a shorter format like a special report or ebook. Aim for a 20 to 30 page report, or a 30-60 page ebook. That's all it takes. It is well within reach of anyone with even basic language skills and either format will get you up and running in the shortest possible time.
You are already an expert at something. Maybe it's helping disadvantaged youth, running a summer camp for budding artists, or caring for the elderly. Take a look at your occupation. Whether you're an accountant, salad chef, carpenter, salesperson, or anyone of thousands of different things - you have skills and expertise others would like to acquire too.
Think about your favorite activities. What are you most likely to do with a free Saturday afternoon? What if you had a whole week, or 6 months to do anything you wanted? Pay attention to your choices because chances are lots of other people have similar interests. What are you already accomplished at that you take for granted? Maybe it's raising triplets, managing a huge family, or a system you've developed to help kids achieve at school.
Next, you need to examine the market. What products are already out there? Who is buying these existing products? What unique slant could you add that will attract hoards of buyers? If there are products in your chosen market already, that's a good sign that buyers exist. And most consumers of information products don't stop with a single purchase, instead buying several different items related to an area of interest.
What is the most common or the biggest unsolved problem in this market? Answer that question and you'll have discovered an angle with a high-probability of success. All you need to do is create the ultimate solution and package it into an information product. Supply the answers that people in this market will gladly pay money for and you're setting yourself up for nice payday every month.
Use your personal experience and insights. No one else has lived your life. No one else has seen the things you've seen. No one else has adapted methods quite the way you have. You could be sitting on a goldmine and you didn't even know. Don't fret about it - do something about it by getting started today.
Anyone can write a book and make a lot of money. Most people dream of it at some point in their lives. . . but few follow through to live the dream. But if I can do it. . . you can too! For more free tips, techniques, tactics and helpful resources, simply visit: http://www.WordsIntoMoney.com
That in itself is not a bad model to follow. After all, if you want to earn money from your writing efforts it helps if there's a readily accessible, hungry market looking for the kind of solutions you can provide. But for the first time author, the choices can seem overwhelming and the whole niche marketing approach confusing.
But there is an easier way. If you've found yourself wanting to create an information product but spinning your wheels as to what to do next, this article is for you.
I suggest beginning with what you already know. Turn what you know into an information product. It could be a simple report or booklet, or even a full-fledged manual or home-study course. I suggest starting with a shorter format like a special report or ebook. Aim for a 20 to 30 page report, or a 30-60 page ebook. That's all it takes. It is well within reach of anyone with even basic language skills and either format will get you up and running in the shortest possible time.
You are already an expert at something. Maybe it's helping disadvantaged youth, running a summer camp for budding artists, or caring for the elderly. Take a look at your occupation. Whether you're an accountant, salad chef, carpenter, salesperson, or anyone of thousands of different things - you have skills and expertise others would like to acquire too.
Think about your favorite activities. What are you most likely to do with a free Saturday afternoon? What if you had a whole week, or 6 months to do anything you wanted? Pay attention to your choices because chances are lots of other people have similar interests. What are you already accomplished at that you take for granted? Maybe it's raising triplets, managing a huge family, or a system you've developed to help kids achieve at school.
Next, you need to examine the market. What products are already out there? Who is buying these existing products? What unique slant could you add that will attract hoards of buyers? If there are products in your chosen market already, that's a good sign that buyers exist. And most consumers of information products don't stop with a single purchase, instead buying several different items related to an area of interest.
What is the most common or the biggest unsolved problem in this market? Answer that question and you'll have discovered an angle with a high-probability of success. All you need to do is create the ultimate solution and package it into an information product. Supply the answers that people in this market will gladly pay money for and you're setting yourself up for nice payday every month.
Use your personal experience and insights. No one else has lived your life. No one else has seen the things you've seen. No one else has adapted methods quite the way you have. You could be sitting on a goldmine and you didn't even know. Don't fret about it - do something about it by getting started today.
Anyone can write a book and make a lot of money. Most people dream of it at some point in their lives. . . but few follow through to live the dream. But if I can do it. . . you can too! For more free tips, techniques, tactics and helpful resources, simply visit: http://www.WordsIntoMoney.com
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