Developing Passive Income
Developing Passive Income
income on regularly having only put the time in once to write it, such as e books, assessment tools, manuals etc.
The steps to developing passive income are:
Decide on the type of product you wish to develop and the topic.
The best way to do this is to think about your skills and interests and experience. If you are good at writing, a book or e book may be a good option for example. If you use topics that you may have written articles about, you can extend that material.
What sort of product would best be aligned with your skills, interests and experience?
Pick a gripping title that conveys the benefits
Titles are so important to selling an information product. The title must convey the benefits and have dramatic words that inspire the purchaser. Examples are" Guaranteed Ways" or "7 Steps to ??, or" How to Get??"Look at other products on the market and get some ideas. Observe the sort of words they use.
Describe a title that is compelling?
Begin with an outline
Outline the key topics that you feel would be good to address. Consider your target market and what they need. These topics will form the basis for your chapters and will allow you to see if the material is balanced and comprehensive. Remember to include a biography of yourself and some bonus materials.
Outline your key areas here.
Write a few pages each day.
How do you eat an elephant? A bit every day. This is the best way to get the content prepared. If you try to do it all at once it will seem overwhelming. Set yourself a target and schedule time in for preparation. Keep an eye out for material that is
relevant or which you can put down as a resource. If you keep this up in a few weeks you can have a substantial amount of content.
Outline your schedule for production
Check for repetition or missing areas
Reread the material and see if there are any key areas missing or you have repeated the material.
Getting someone else to look at this material can be useful to get a fresh eye.
Is there any repetition or missing points?
Have your contact details on every page.
Use the footer and header function to place your details on every page. This way you can be contacted in future or if pages get displaced, people can still see who wrote this material.
Place a copyright at the bottom and convert to PDF to prevent copying
It is important that you protect your rights to this material. Including a statement that this material may not be copied and converting to a pdf will give some protection. Alternatively you may wish to consider a license arrangement where for an extra
fee, buyers are able to obtain the rights to copy the material.
Seek Testimonials
Offer the product to people for free in return for a testimonial. Seek feedback and use testimonials on your marketing page.
Develop a marketing page on your website
This is crucial to ensure you are selling your product well. Outline the problems people may have and the solution or benefits your product provides. Add client testimonials and include details about your background. Offer the product at a discounted price initially and test the market. It may be that you will need to increase your price if the price is not in line with the quality your are offering or the price level of similar products. Make several revisions until you find the right level.
You may wish to develop a graphic for the cover, which will give extra credibility.
Developing Passive Income - To learn more about this author, visit Maggie Currie's Website.
Like this article? Share it with your friends
Passive income is crucial to growing your business in a way that is not dependent on your time input. Passive income is income that comes without you directly having to work for it on an ongoing basis. Examples are information products that you receive
income on regularly having only put the time in once to write it, such as e books, assessment tools, manuals etc.
The steps to developing passive income are:
Decide on the type of product you wish to develop and the topic.
The best way to do this is to think about your skills and interests and experience. If you are good at writing, a book or e book may be a good option for example. If you use topics that you may have written articles about, you can extend that material.
What sort of product would best be aligned with your skills, interests and experience?
Pick a gripping title that conveys the benefits
Titles are so important to selling an information product. The title must convey the benefits and have dramatic words that inspire the purchaser. Examples are" Guaranteed Ways" or "7 Steps to ??, or" How to Get??"Look at other products on the market and get some ideas. Observe the sort of words they use.
Describe a title that is compelling?
Begin with an outline
Outline the key topics that you feel would be good to address. Consider your target market and what they need. These topics will form the basis for your chapters and will allow you to see if the material is balanced and comprehensive. Remember to include a biography of yourself and some bonus materials.
Outline your key areas here.
Write a few pages each day.
How do you eat an elephant? A bit every day. This is the best way to get the content prepared. If you try to do it all at once it will seem overwhelming. Set yourself a target and schedule time in for preparation. Keep an eye out for material that is
relevant or which you can put down as a resource. If you keep this up in a few weeks you can have a substantial amount of content.
Outline your schedule for production
Check for repetition or missing areas
Reread the material and see if there are any key areas missing or you have repeated the material.
Getting someone else to look at this material can be useful to get a fresh eye.
Is there any repetition or missing points?
Have your contact details on every page.
Use the footer and header function to place your details on every page. This way you can be contacted in future or if pages get displaced, people can still see who wrote this material.
Place a copyright at the bottom and convert to PDF to prevent copying
It is important that you protect your rights to this material. Including a statement that this material may not be copied and converting to a pdf will give some protection. Alternatively you may wish to consider a license arrangement where for an extra
fee, buyers are able to obtain the rights to copy the material.
Seek Testimonials
Offer the product to people for free in return for a testimonial. Seek feedback and use testimonials on your marketing page.
Develop a marketing page on your website
This is crucial to ensure you are selling your product well. Outline the problems people may have and the solution or benefits your product provides. Add client testimonials and include details about your background. Offer the product at a discounted price initially and test the market. It may be that you will need to increase your price if the price is not in line with the quality your are offering or the price level of similar products. Make several revisions until you find the right level.
You may wish to develop a graphic for the cover, which will give extra credibility.
Developing Passive Income - To learn more about this author, visit Maggie Currie's Website.
Like this article? Share it with your friends
 | |
 |
No article feedback found. |
| |
Leave Your Feedback |
 | |
| |||
John PowerJohn Power, founder of Biltmore Franchise Consulting, has extensive experience developing and marketing franchises and business opportunities. He has been in and around franchising for over twenty years. From 1980 through 1990 he conceptualized, organized, and developed the American Video Association. He grew AVA to 2,000 national members, before selling the company it 1990. It was later merged into another home video marketing company. From 2000 to 2005 he worked as a contract marketing and human resources consultant to several local and national companies. In 2005 Mr. Power began working as a franchise development consultant on a full-time basis. Since that time he has helped more than three dozen companies initiate and develop their franchising program. He notes that there are many companies interested in developing a franchise program, and who need his specialized assistance. Mr. Power is a “hands-on” franchise consultant. He said, “I am the ‘nuts and bolts’ person who tends to the details for my clients.” Mr. Power holds a B.S. degree with a major in Marketing. See: www.biltmorefranchise.com You may contact Mr. Power at: jpower@biltmorefranchise.co - Visit John Power's Website |
|||
|
To learn more about the Evan Elite Author Program please contact us. | |||
 | |
|  |
Subscribe to Maggie's articles
 | |
|
|  |
 | |
|
| |
 | |||||||
|
 | ||
 |
||
 |
||
 |
||
|
| ||
 |
| Have you written articles that would be of value to entrepreneurs? Become an expert on our site by publishing them! Expose yourself to a wide audience, drive more traffic to your website and get more sales! Click Here for details. |
|
|
 |
| Modeling the Masters: Learn the true secrets behind Walt Disney's business success factors & grow your company! Video produced by Phanta Media |
|
|
 |
"Learn straight from Evan how you can Make a Full Time Income (And More) from a Website"
Click Here To Learn More |
|
|
|
|
Get advice & tips from famous business owners, new articles by entrepreneur experts, my latest website updates, & special sneak peaks at what's to come!
|
|
|
 Webinar Plan Learn From Success Universal Search EQ Coaching Report EMPLOYMENT PRACTICES LIABILITY |
|
 | ||
 |
Fortune Hunters
CBC Entrepreneur TV | |
 |
The Top 10 Guy Kawasaki Posts
Best Posts for Entrepreneurs | |
| ||
 | ||||
| ||||
|
| ||||
| ||||
|
|
|
|
|
||||||||||||
|
Email us your ideas on how to make our website more valuable! Thank you Sharon from Toronto Salsa Lessons / Classes for your suggestions to make the newsletter look like the website and profile younger entrepreneurs like Jennifer Lopez and Sean Combs!
|
|
|
