Many online entrepreneurs never actually get to product creation. They are happy using advertising or affiliate marketing as their monetization stream, even though the visitor values are a fraction of what they’d get compared to being a product creator. They do this for two primary reasons: They think that product creation is hard They don’t […]
The Idea Is Born… Back in mid 2012, I was having some decent success with my niche sites. I had around 3000 in total, with 400 of them generating about $1000 a day in revenue. Definitely a good business by any means, but I could also see the potential for adding a ton of value to the SEO....
A productized service is exactly what it sounds like – you provide a service that is packaged as a product. This means that customers pay you up front, and have very set, standardized expectations as to what they’ll be receiving. Benefits of a Productized Service No more asshole customers, no more written proposals, no more […]
Digital Products are great because they have 100% profit margin, instant delivery, and are easy to scale. It can range from the low-end of monetization (Kindle books), to the upper end in the form of courses (like the course you’re currently taking). I personally think the course is the best info product right now. On the learners […]
It’s time to create your Minimum Viable Product. The first step to doing that is surveying your audience to determine what it will look like. Back up for a second, what’s a Minimum Viable Product? It is exactly what it sounds like. A product with the bare minimum feature-set that still makes it viable […]
The business model behind “local lead-gen” means collecting leads, and then selling them to someone else (or multiple people if selling non-exclusive leads). It’s often a great starting point as it sets you up for selling your own info products or productized services later, but can still pay you 5-10x more than advertising! Selling leads is a fantastic model, […]