Wednesday, August 6, 2014

Services or Products

There are only so many hours in a day to provide services.  What can you do to get past this hurdle?  It might be time to start thinking about creating digital and physical products.

The great option of creating a product, especially a digital product, is that you don't have to worry about money for time.  When you are providing a service, you are tied to the clock.  When you have a real product or a digital product, you just deliver the item.

Digital items have a big advantage.  There is no limit to the product.  You could have people downloading your information from around the globe and you don't have to worry about keeping the item in stock.  They just pay for the product and they hit the download button and you are done.

It is important for the business owner to start thinking about how they can create digital products to get out of the money for time trap.  Think about the information products that you can create.  You might not want to be a writer, but you are in luck.  There are other forms of digital products.  

What about creating video information products?  Can you come up with a great info product for your market?  If you are unwilling to be in front of the camera, you could choose to do audio programs or use software to create your videos.

It is time to starting thinking about different ways to earn income without spending all of your time.  Think about creating information once and getting paid from it over and over again.  


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