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.

Successfully Grow Your Home Based Business By Taking Small Breaks To Recharge Your Mind And Body

For many work at home moms or dads, when they are first starting out and trying to grow their new home based business the most basic instinct is to literally do everything they can to succeed. In most cases this means working 24 hours a day, seven days a week until they reach their objective or goal.

Unfortunately, this might actually prove to be counterproductive to successfully building a profitable home based business. Don’t get me wrong, there is nothing wrong with hard work and I put my own full share in each and every day to build my own business but the reality is our minds and bodies need a break every now and then in order to function at maximum potential which translates into building a better and more profitable business in a faster and more efficient manner.

As I previously mentioned, there is nothing wrong with hard work and it is definitely a character trait that separates the successful entrepreneur from the underachievers. I would look rather foolish if I were to try and preach to you that positive results will come from little to no effort on your part.

In fact, many successful home based business owners will tell you that hard work is what got them to where they are with their own business. So, please don’t take interpret this article as a discouragement from putting in the necessary time, effort and elbow grease needed to build your business.

Instead, what I want you to understand and take away from reading this article is the fact that giving yourself a well deserved break from time to time is just as vital to your ultimate success as hard work in terms of pushing your business forward while you operate at your optimal and peak performance.

There is no doubt that when you take time to rest, allowing your mind and body to relax in order for it to recharge itself, your energy levels significantly increase and your creative and entrepreneur side take over.

In fact, take this small test for me. I encourage you to start giving yourself small 10 to 15 minute breaks throughout your typical work day. I’m willing to bet dollars to donuts that you will see a noticeable improvement in your overall productivity. Best of all, your current customers or potential customers will see it also because it is very infectious in nature.

If by chance you are the type of entrepreneur who finds it extremely difficult to stop during your work cycle in order to recharge your internal batteries try developing and then writing down a work-rest schedule and then stick to it.

I have personally used this technique in building my own business and am still amazed at how much productivity I can get out of 5 hours of solid work with decompression breaks built-in to my work schedule. In fact, I’m much more productive then when I was putting in 12 – 14 hour work days.

Naturally there will be some occasions when you are unable to actually enjoy your relaxation time. I’m sure you know what I’m talking about as we have all been there. However, as long as this is not a routine event for you and you remember that taking care of both your mind and body is just as important to the success of your home based business as hard work you will be just fine.

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.