In a row products: a affair owners best ally - software
We live in a post-industrial age where in order is the coin of the realm. Data is the most constructive asset that a commerce owns. For most businesses, that comprehension exists primarily in the heads of the colonize who work there. For entrepreneurs and sole practitioners, what's in their head customarily is the business. That's both restrictive and dangerous.
Let's take the case of a flourishing management consultant. Depiction on her acquaintance and experience, she's able to hire herself out at a ample hourly rate. The agitate is, every time she wants to make some money she has to trade away some of her time.
What happens when she goes on break and is no longer putting in time? Her pay packet goes on break too. What happens when she's sleeping, or when she gets sick, or when she wants to retire? As soon as she stops putting in time, she stops in receipt of money.
Even if she could work 24 hours a day, 7 days a week, there is still a limit to how much money she can make austerely since she can't coin more time. When you trade time for money, you put an automated cap on your pay packet potential.
Something else also starts event to our consultant. The more flourishing she is, the more her military are in demand, the harder she works. Did you go into big business to work long, hard hours for inadequate reward? I didn't think so.
Information food build passive streams of revenue, that is, money that flows to you whether you're operational at your desk, lazing on the beach, or lethargic on the couch. How? You conceive the foodstuffs once and then sell them over and over again. You make an opening investment of time and money and then reap the reimbursement in multiples. You can't do that with time; you can't sell the same hour twice.
-- What Closely is an In sequence Product? Quite simply, an in a row creation is any chunk of acquaintance that has been recorded in some approach - whether that be in a print format, an audio format, or a video configure - so that it can now be approved on to others.
There are dozens of ways to box up and sell information. Some of the most communal crop are:
The key is that you're compelling amazing indescribable - the data in your head - and revolving it into a bit that others can enjoy and use even when you're not around.
I have at times heard in a row crop referred to as "artifacts. " This term, rented from the field of archaeology, captures the idea that an in a row consequence is amazing you leave at the back for forthcoming generations.
Every administer you employ to serve your clients, every piece of in rank you glean from media sources, every past be subjected to you carry with you, every first attention you call up up is a piece of in sequence that can be recorded and shared. What's stopping you?
About The Author
© 2003 Juiced Consulting.
Juiced Consulting helps commerce owners box up what they know into in sequence food - such as books, audiotapes and teleclasses - that they can sell to engender new big business revenue. For a free newsletter and other resources, visit www. juicedconsulting. com; jtribe@juicedconsulting. com
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