If you think you’re able to produce your first info-product alone, you’re in for a big surprise. You may be talented at certain skills, but you probably don’t have every skill necessary to make this happen. I know I don’t, and I’m pretty much of a lone ranger!  Whether it was money issues or control issues, for much of my career, I’ve been a true solo-preneur! Would you like you to learn from the errors of my ways? I hope so!

For example, if you like to write, are disciplined with your time, and are a good editor, that’s great! But, most of us aren’t good at all of these things, so we need to find a good ghostwriter, copyeditor, and/or writing coach. Even though I’m a great editor, I still have one of my associates edit my work!

Now, if you’re a graphic artist or techno whiz, you’ll be able to add graphics, format your e-book, and upload it to your website. But if you don’t know uploading from downloading, you’ll need to find some good people to fill these needs.

Do you have the promotional skills to write a press release, submit articles, and Tweet? If not, you could use a promo person, social media expert, and/or virtual assistant (VA).

I didn’t mean to overwhelm you with everything you need to do, but it’s got to be done and a team of experts and valuable resources will help. Just about everyone of us needs the time and talent of others to achieve our goals. And once we find the best people and resources, we can use them over and over with each info-product we produce!

If you’re wondering how to find the best team members and resources, it takes some education and experience. I’ve taken loads of teleclasses, webinars, live seminars, etc. for years and had experience both doing it all myself or hiring the wrong people. But that’s what it took to get to where I now have a great team of people and resources.

Shortly, I’ll be releasing a new e-book on Producing Info-Products and I go into this in full detail. But for now, here are a few tips to get you started:

• Make a list of all the tasks you need to accomplish in producing and promoting your info-product
• Check off the ones you know you can do
• Make a list of the tasks you’ll need to outsource
• Start a list of potential team members and resources

Some examples are: virtual assistant, copyeditor, graphic designer, PDF software, autoresponder program, and a source for images. Start a Word doc called “Resources” and add names and URLs as you do your research, take classes, and ask for referrals.

I’m invested in your success as an infopreneur, so let me know what else I can do to help you reach your goals!

Happy Info-Product Profits,

Andrea Susan Glass
www.WritersWay.com

I just wanted to remind you that as I’m teaching you, I’m also following my lessons because I’m working on a new e-book. So I get to test out everything and perfect it for you. I’m making this journey along with you! We can keep each other motivated and accountable. Are you up for it?

Now, in following up my previous blog post, I want to walk you through the steps necessary to create a winning info-product. The next step involves several critical decisions: the subject of your product; the specific niche; the ideal target market or buyer; and the type of product you’re going to create. This is an example of what these choices might look like:

1. Subject matter: General topic – Personal growth
2. Niche area of subject: Solve a problem – How to listen to inner guidance
3. Target market: Specific segment of market – Small business owners
4. Type of product: First product – E-book

Subject: Choose one that has the highest potential for profit—if that’s your top motive. If your motive is to establish yourself as an expert or attract more clients, your subject matter will be in the area of your expertise. If your goal is to attract media attention, you’ll want to choose a subject that’s hot, topical, and popular.

Niche: This is a specific segment of a subject or market. For example, if your market is small business owners, a niche would be home based business owners.

Target market: Those people most likely to purchase your info-products are your ideal customers. Small business owners is a broad target market, and home based business owners is a smaller niche within the broader market.

Product: Whether you start with an e-book or audio file will depend on what you think your ideal buyer will prefer and what you’re willing and able to create. Ultimately you’ll probably want to create a product line including several formats, but it’s important to start with the one you’re most likely to complete so you get a sense of success!

Getting clear on your subject, niche, market, and product are critical to your success as an infopreneur (one who sells info-products). Do you see how all these choices are interconnected? Take the time to work through this process before you proceed to creating your info-product. You’ll be glad you did when you see the results of your efforts in successful sales and satisfied customers.

Keep me posted on your progress and I’ll keep you posted on mine.

Happy Info-Product Profits,

Andrea Susan Glass
www.WritersWay.com

You’re most likely familiar with the term “info-products” or information products. They include any tangible or intangible form in which you deliver information. Did you know that info-products could be books, e-books, reports, manuals, workbooks, courses, teleclasses, e-zines, articles, blogs, audio files, CDs, videos, and memberships? The tangible ones are books and CDs while intangible (digital) ones are e-books and audio files (MP3).
If you’re just starting out, you can quickly and easily produce simple info-products such as a 20-page report, a 30-minute interview, a 5-page newsletter, or a 40-page e-book. I once turned the transcript of a 90-minute teleclass into an e-book in 8 hours.

The benefit of info-products is that they’re a commodity you can create one time and sell many times, as opposed to your services, if you’re a service provider, which you deliver one-on-one such as coaching or bodywork. In some cases you can leverage your time by offering group coaching, classes, or seminars, yet, most service professionals such as speakers, trainers, consultants, health care providers, lawyers, realtors, financial planners, hair stylists, and others work with one client or customer at a time, thereby trading their time for money.

As an entrepreneur, small business owner, or service provider, you have an area of expertise to share with others. Maybe some people can’t afford your services, or you’re not in a geographically accessible area, or they’re the “do-it-yourself” type. When you transform your ideas into info-products, you can reach and help more people than one at a time. You can be generating cash 24/7 while you sleep, work, play, or take a vacation.

Here’s an example. Let’s say you charge $100/hour for your service, so 40 hours of your time would be $4,000. Let’s say you write an e-book and sell it for $40 and it took you 40 hours to write. You would only have to sell 100 e-books to make the same $4,000. And after that everything else is profit.

Using info-products leverages your time, shares your expertise, creates passive profits, and attracts more people to your service business. When you start moving from selling your services to selling info-products, you transform from an entrepreneur into an infopreneur.

Happy Info-Product Profits,

Andrea Susan Glass
www.WritersWay.com