Many of us look at our circumstances and say I would like more money so that I can pay the bills, have more leisure time, support good causes etc. We review our situation.
We could look for a job, look for a better job or even a second job. Normally that is the easy way but when the world around us is being shaken by economic forces beyond our control as banks struggle to survive it gets rather harder to do that. There again political events and natural disasters have added to these economic forces and made life very difficult for many people.
What do you do when there are no jobs?
One answer is to create your own which is what it means to become self-employed. You set up a means of taking out the middleman between you and the person who is paying for the work that you do. Of course, to do this you need to find or develop a product or service that you can sell.
One possibility is developing an information product from your own experience. What kind of product or service could you provide for people that are struggling in some way? What knowledge, aptitude, skills or habits do you have that you could use to create such a product?
Information products are not the first type of product that comes to mind. Yet your experience and skills could be packaged into an information product that you could sell. For example, an experienced washing machine repairman set up a website to help people chose a washing machine. They made an income from it because they included adverts and links that paid them a commission. You could sell instructions on how to make something such as a crochet pattern or a recipe. You could share how you managed to overcome a particular challenge in a book or as part of a coaching programme. If you have succeeded in an area where others struggle then you have information that you could package into an information product and sell.
There is little difference between information products and other products is that in order to make money you need to know how to tell people that they are available i.e. marketing and then persuade people to buy them i.e. selling. You need to provide a product that people want to buy at a price that they are willing to buy. If you were setting up a shop you would buy some things from the manufacturer or wholesaler and the same sort of idea applies to information products. Some information product creators set up affiliate systems where they offer people a percentage of the price if they sell their information product. There are even organisations that act as middlemen between those who want to sell information products and those that create them. This means you can practise selling others people’s things first to see how well you manage.
It is possible to make money selling information products. It takes some effort and an effective strategy but you can do it. If you need some extra help working out what you can do make sure that you are signed up to receive our emails so that we can tell you more about the latest offering from God’s Lily Training