|
You have an idea and I have an idea. We sit
down and share our ideas. Now, you have two ideas and
I have two ideas. (1+1=4) That's the new math of the
'Information Age' and if you're going to
prosper in this economy, then you had better master
this concept.
Now, consider the wealth generating power of
digitally packaged and delivered information. If your
product is an Ebook that can be downloaded or a
pay-to-access website, then your profit is 100%...
less your marketing costs and the costs of maintaining
your website. If you own the rights to an
info-product, one that has strong appeal in the
marketplace, and you can deliver it digitally, it's
like having your own (legal) money printing operation.
Bill Gates is a perfect example of the wealth
generating power of this strategy. He creates digital
info-products that he allows others to use... for a
fee. Master copies... licensed millions of times... is
the formula that made him a multi-billionaire, and at
a very young age.
Successful musicians, song writers, and authors
all use this strategy to create their fortunes. And
you can too!
Not too long ago, this business was controlled
by the big money. But, in the last ten years, the
costs of the tools to create, manipulate and reproduce
information have come down so dramatically that this
opportunity is now within anyone's reach.
The birth of the Internet supplied the last
piece of the puzzle... the distribution system. For
only the cost of your computer, your research and a
few bucks a month for a hosting service, you can
create and distribute info-products to an information
hungry world. What sells online?
You can find successful sites operating in each
of these areas. The niche market of choice is the
person who is online to find some way to use his
computer to make money. Specific, detailed information
is very much in demand and will continue to be for a
lot of years to come.
Article by Gary White
of howtoguides™
|
