Create Information Products and Start Leveraging Your Time
There seems to be never enough time in the day. No matter how organized you are or how many books you read on getting the most out of your time, you may often feel like you just can’t get everything done.
It is just one of the realities of running a business – so much to do, never enough time to do it.
In order to scale your business effectively, you will need to maximize the return that you get from your time. Leveraging your time by spending it on activities that will make you money now and will continue to make you money while you sleep – is the name of the game.
Creating leveraged group programs and turning them into information products (info products) is one of the best methods for optimizing the use of your time. Rather than spending your time working on a project that will lead to one-time revenue for your business, you can instead focus on creating a program which can generate passive income over and over again.
“Creating information products is one of the best methods for optimizing the use of your time.” (Click to Tweet!)
Creating information products is not a business marketing tool for specific business; it is a business solution for every small business.
Let’s look at a simple 3-step process, so you can understand how this model can work for your business.
Step 1: Identify one area of your expertise that you can package. And yes, if you are in business – you are an expert at something! Every business owner has unique skills and perspectives that can be turned into a system, process or a program to benefit others.
“If you are in business – you are an expert at something! Monetize it.” (Click to Tweet!)
Step 2: Promote and sell a group program which shares your knowledge and expertise with your customers. You can choose any format you want to deliver content – emails, calls, webinars or recorded videos. I highly recommend selling your program before you create it! This way you can get paid to create your program, and you know for sure there is interest in what you are offering before you spend hours creating content.
“Promote and sell a group program which shares your knowledge and expertise with your customers” (Click to Tweet!)
Step 3: Leverage your newly created program by offering it to a different audience, or package it as an evergreen information product that you can sell 24/7.
The best part of creating information products is that once you have it, it will continue to make money for you while you have moved on to build something new and amazing for your customers.
The idea is simple – you do work once, and you get paid for it over and over again. Your revenue streams become ‘passive’ because you don’t have to do anything once it’s created. Once the process is in place, you just let it run and watch the sales climb.
“Once you create your information products they will continue to make money even while you sleep.” (Click to Tweet!)
Thank you for visiting my blog, and I hope you are now motivated to add your own programs and products to your own business. For more valuable business tips, please subscribe to my newsletter today!
[…] mastermind colleagues — Alina Vincent of Business Success Edge. She explained one big reason WHY a program would really help me achieve all these things I was wanting. One lovely meal with her and I was totally inspired to create a program that could help a LOT of […]