Plan To Succeed With Information Product Creation: Why You Need To Split Your Process Up

One of the keys to succeeding in information product creation is to break the process up into discrete steps. This frequently isn’t an instinctive reaction for the typical information marketer. Especially on the internet where small sized learning products are the norm.

However, it is extremely important to your ultimate success. In fact, I would go so far as to say that if you don’t do this you probably won’t succeed… even when you are starting out let alone as you move forward.

Your product creation system should do this for you if only to help you to understand the overall task.

But why?

In this article, I’m going to ignore chunking and focus on the practical aspects. That’s not to say that chunking isn’t important. It is. It’s important to understanding and to learning the process. But while you can use the same chunks as you move forward, long term your focus needs to be on the operation of the system not the understanding of it. Unless of course you are constantly training new people!

So why is chunking important to long term use of the product creation process? (Yes, I know systems design uses a different term for this process but I’m not teaching you systems design. So I’m going to use the word learning content designers use.)

The first reason that having individual discrete tasks is important is one of schedule estimation. Frequently it is very difficult to estimate how long the total task of creating a product will take. After all, the size and type of the products matters as does the number of products in your product funnel. And those are just the most obvious elements. However, estimating a discrete task is often much easier. The total can then be estimated as the total of the discrete tasks.

Secondly, scheduling a large task can be problematic. However, by segmenting the task into a number of discrete tasks, you gain a much greater flexibility in scheduling. Not only that but as your business begins to add people you are able to schedule multiple people to the product creation.

Finally, segmenting a large task into smaller discrete tasks allows you to have much better control over the product creation. This affects two different areas — status and quality.

By segmenting your process into discrete tasks you are able to schedule and record the progress at much more detailed level. As a result you are more in control of the status of the product creation. You know what everyone is doing. When they should complete it. And how much it should cost. You also know exactly what has been done.

You also improve your overall quality. Instead of waiting until everything is done you can check quality as you go. This allows you to immediate react to low quality products without absorbing their costs. This means that you have less rework and your rework costs less. And if the product is not going to meet its quality requirement you will know about it in time to stop the development, change the requirement or fix the product.

Finding Out the Benefits of a Home Based Business

In making a decision on whether to have a home based business, you have to think about the many benefits that it brings. It is very different from opening a traditional brick and mortar store.

Low Investment
Traditional stores need a large investment for advance rental, renovation, utilities, equipment and supplies, staffing, advertising and inventory. With home based business, you do not need to pay advance rental as you will be using your home. Your possible initial start-up costs would be a computer (if you do not have one), a stable internet connection, website design (if you can’t make it yourself), web hosting services, advertising or marketing and inventory (if you do not go for drop shipping or networking).

Quick Start
You can easily open your home based business to the world in quite a short time. It can be up and running even in just one day, especially if you use a host or server that has website templates and other sales tools available. It will only take a few minutes to get a domain name. It would take weeks to register a business name, fix up your store, and display your merchandise in a traditional business.

Flexible Time
Home based businesses can be run at any time of the day that is most convenient for the owner. You do not have report to a boss who demands when you get in and when you can get out. There is no supervisor telling you what you need to do and how long you should do it. You have the flexibility to create your own working time and can start and end at any time of the day. This is especially useful for work at home moms who need to compartmentalize their time for work and for family. If you are a WAHM, you would have more time to spend with your family but earn at the same time. This is something that career women who need to go to the office everyday cannot do as she just has a choice of whether to stay at home or go to the office.

Work Anywhere
If you have a laptop, you can practically work anywhere even without getting up from your bed, from the side of the pool during summer, from the kitchen while you are waiting for your roast chicken to cook or by the beach when you are on vacation. You are in control.

Stress-free Life
After a sleepless night with a sick child, it is very stressful to get out of bed and go to the office. Dressing up for work, eating a rush breakfast or oftentimes none at all, commuting to and from work with all the traffic jam, office politics and the long hours at work can be a very stressful life. When you have an online home business, you can work even in your pajamas and even if you have not washed your face. You choose when to do it.

A home based business may not be for everybody. Some people need the discipline of having to clock in everyday and have someone who will monitor their performance. A home based business is not for all industries and niche, either. So if you are determined to have an online home business, look into your heart and find out what you really want.

Considerable Factors Involved in Product Creation & Marketing

The niche you have chosen should allow creation of more than one product or service. With the technological advancements in the hosting industry, from automated control panels and scripts that simplify creation of accounts, to complete turnkey solutions; there is no need to worry about spending time on the real products sold to the customer. The main ones are keyword selection, sales copy principles, graphics, affiliate programs, product creation, online payment processing, auto responders, and search engine optimization.

Once you’ve earned money from this type of information product business, you can invest in the creation of your own products if you want, or start offering more informational products that allow you to sell your knowledge. But the creation and production costs of a similar big ticket in sequence product, although higher, are still pretty low. A key by-product of this process will be the creation of 3-D, Computer Assisted Design art.

The Association for Financial Professionals permits the following activities for repatriating funds: Research and Development activities, advertising and marketing programs, hiring and training new recruits, acquiring patent and other rights to intangible property, improving transportation, funding capital investments with the purpose of job creation and job retention & funding product responsibility or environmental claims.

It prohibits certain activities like: Tax payments, Payment of executive recompense, Payment of dividends, Redemption of stocks, Debt investments and Portfolio investments. Therefore, before repatriating the money, you must consider whether it is worth or not.

Checklist on what artist and product development necessitate includes: Exceptional vocals, musicianship and/or songwriting skills, Continued education and enhancement of musical skills, Quality equipment, Performance ability, Image creation and maintenance, Plan of action, goal setting, excellent promotion materials including photographs, press releases and artwork, Business management skills, Marketing, Publicity and Promotion knowledge, Online and Offline Professional management, Basic knowledge of recording, producing, engineering, and mastering, Basic knowledge of manufacturing, distribution, and sales online, brick and mortar and air-play, Good choices in members, staff and advisors, Physical and mental preparedness, Basic knowledge of finances, accounting Law and legal issues etc.

The goals for doing so are for the product owner to: Communicate the whole, Determine and communicate when releases are needed, Determine what functionality is sufficient for each release & focus on business value derived from the releases. The delivery team on the other hand will see the whole, learn about the steps to realize the vision, learn the business priorities, provide technical input to the roadmap and provide estimates for the projected features. The salesperson must lead the prospect through the various decision criteria needed in order to secure a sale. Whether your idea is the development of a product, launch of a service business, or even the creation of an event or program for a non-profit, creativity is the root of all entrepreneurial efforts starting with the vision itself.

People quickly learn to spend their time on marketing and product creation, rather than repetitive tasks. Apart from empowering companies and individuals, there should be a particular focus on identifying labor intensive businesses that have the potential to make a significant and positive impact on employment creation as well as those businesses that have a product or service offering for export markets with the final objective of booming local economies.