The income from a service is limited by the number of hours you can perform the service. To increase your revenue and income, consider offering products in addition to your services.
Copyright Cathy Stucker
How do you sell your expertise? You may speak or consult or perform other services. These can all be profitable, but they are limited. The income from a service is limited by the number of hours you can perform the service. To increase your revenue and income, consider offering products in addition to your services.
Creating products allows you to package your expertise to reach many more people than you are serving now. You will also be able to help people who may not be able to afford your services, and you will overcome geographic limitations. Once you have a product line, people can learn from you and be helped by you from anywhere in the world.
In addition, creating products such as books and audio programs helps to build your expert reputation. After all, if you have published a book you are seen as an expert.
Books aren’t the only game in town, though. Here are some product ideas to get you started:
- Special Reports
- Tip Sheets
- Resource Guides
- Seminars & Workshops
- Audio Tapes & CDs
- Video Tapes
- Subscription Web Site
- On-line Publishing/Ebooks
- Manufacture or Private Label Supplies or Related Products
- Plush Toys
- T-shirts & Caps With Your Logo or Slogan
- Card packs
Free your imagination and discover all the ways you can profitably package your expertise.
To learn more about how you can create passive income streams with what you know, see http://www.CashContentFormula.com/