01 Aug 2009

Need Cash? Create a Product!

Your Products Better Not Suck

I’d like to caveat this post by saying I don’t want to sound like I’m encouraging you to rip people off or steal people’s money. In fact, I’d say that if your product sucks, you should pull it off the market and either fix it or get rid of it all together. That being said, there is a lot of merit to the idea of creating a new product to help fill an income gap. When I first got started in Internet Marketing, I spent months trying to sell other people’s stuff. I sold everything from dating products to running ebooks, but honestly I never felt like I earned my money. Now, this isn’t to say that being an affiliate is wrong, because I love helping to sell good stuff, but when you rely solely on affiliate income you are stuck chasing commissions rather than letting them come to you.

Creating a product on the other hand, let’s affiliates work to bring the customers to you. Creating a product is probably one of the quickest ways that you can start making money online…that is, money that sticks…and really feel what it is like to be an entrepreneur.
The Formula for Immediate Cash

I’ve had moments in the past where I wanted to make a major purchase and couldn’t rationalize an extra monthly payment or taking the money from my savings. Years ago, I would have probably done nothing more than write the goal down and look at it every day until I either gave up or forgot about it. These days, my life has changed. I don’t have to look at a money goal with disgust any longer because I know that if I need cash, I can simply create an additional income stream to fill that need.

I can create an eBook, a video course, a novel, or even a physical product and use basic SEO and marketing to exchange my product for cash. Eventually, within months or even days, I’ll have the money I need to make that purchase. There truly is POWER in the idea that you can exchange your ideas for money…at will.
Be Patient

Sure, some projects take longer than others to complete or achieve, but that doesn’t mean that the process is any different. You should create a list of short-term, mid-term, and long-term projects and spend a little bit of time on each. Eventually, you’ll have multiple streams of income that work to save you from cubicle nation and help you design your own life.

I still sell affiliate products, but mostly those of friends that I’ve made online. I vet the products I sell so that I never lower the standard. However, I much prefer selling my own product to selling someoneelse’s. Not because I’m greedy, but because I want to own my own business. Step out of the mold of trying to make the easy short-term money and start building a business. Eventually, you’ll find that it doesn’t take that much work at all. Well, it won’t feel like work at least…not as long as you enjoy it :)

03 Jul 2009

The Long Slow Road

When I first entered the realm of internet marketing, I bought into the hype and figured it would only take me a few months of studying, minimal work, and a bit of patience before I was making 10-50k per month. I figured I was smart enough to make more than everyone else and that I [...]

12 Sep 2008

Too Many Internet Marketers

When is Enough really Enough?

Internet marketing has been around just about as long as the internet has been alive, but it seems to me that IM is really pushing into a level that it has never reached before.  I like to follow IM because, well let’s face it I am an entrepreneur at heart and [...]