My Software Gold Mine Web Log

May 06 2nd Week

May 9, 2006 5:51 pm

You probably already know this, but one of the easiest
ways to make huge profits on the net is to develop your own
product. This way you can get an army of affiliates working
for you to help you reach your income goals.

This is without question the ulitmate leverage to creating
a huge online income.

However one of the biggest complaints I continually hear
from people when I mention this model is that they don’t
have the skills to create their own product. With today’s
technology, nothing could be further from the truth.

Yes, that’s right. Regardless of who you are or what you
do… anyone cane create their own product.

For example, one of the best methods for developing your
own product is to create a DVD. Does that sound like a
viable business? Well, let us see…

First off you shoot a video tutorial and convert it to
DVD. The topic could be about anything you have knowledge
about. And if you think hard enough I’m positive you could
find something that others would be interested in learning
how to do.

Simply reach into your experience of things you have
learned or discovered how to do. You’ll be surprise how
often people are searching for information on the things
you take for granted!

In the unlikely even you simple can’t think of any topic
you could talk about, then uou could collect a number of
private label rights (PLR) products and convert them into
DVD format, and then sell them as a physical product.

This way you instantly create your own unique selling
position by being different to all the other people selling
the same stuff. You’d be surprise how many people prefer a
physical product rather than a digital product… and
they’re prepared to pay more just for the previlidge!

Ok. You’ve created your video tutorial or converted some
PLR’s to DVD. From there you can have the DVD duplicated
with four-color printing and have it in four-color printed
packaging which makes it look very professional.

This may cost you a couple dollars each, but that’s just
if you want to be fancy about it by using photographs.
Otherwise, two-color printing will work just fine.

Now your DVDs are ready to sell. From just a couple of
bucks for production costs, you can mark up your product as
you see fit. Charge $97.00 or $149.00 a copy, over and over
again.

You could even produce a set of DVD’s and charge $495.00.
It doesn’t take much to figure why people are becoming
wealthy doing this!

Like I mentiond before, the way way to make a valuable DVD
is to create a “show n tell” tutorial on how to do
something people want to do, or how to have something
people want to have.

This is the information age and if you put out the
information, and people are hungry for information. And the
truth is that if you are currently selling printed how-to
material, you can command a much higher price if you
provide that information in DVD format.

Information DVDs are perfect products to develop as they
are inexpensive to make, yet have a high-perceived value.
They are heavily in demand, and staggeringly easy to sell
for huge profits. The money you can generate from doing
this is truly outrageous!

Find PLR sites by clicking here.

Have a great week :-)

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For your enjoyment (and information), here is this week’s
quick trivia question…

What is the Slowest Growing Tree in the World?

As usual the answer can be found later in the newsletter.

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Featured Article
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Residual Income - The Key to Online Success!

How would you like to make money even when you don’t go to
work? If you’re like most online marketers this is probable
one of the key reasons you started your online business.

But the key to achieve your dream is in have your work
continue to pay… you even when you stop. You need to find
a machine that continues to work even when you aren’t
there. This machine is called residual income.

Residual income means that once you have set the wheels in
motion you can continue to collect money - possibly forever
- even long after you stop promoting your product or
service!

Let’s face it. Who wouldn’t want to have a business that
puts money in your pocket day or night while you’re off
doing the things you love?

For many enterprising individuals earning a residual
income is a real reality. The concept is simple and by
understanding the business model that this principle
applies to, once you’ve done the hard work you can then
continue to benefit from it for many months to follow.

While writing an ebook or report is one of the most
popular methods of creating residual income, you can also
create other products such as tutorial videos, software
programs or even a physical products.

However if you’re not into creating your own products,
then the next best method is to promote affiliate services
that require monthly fees, such membership sites etc.

This way once you’ve referred a new referral, you will
continue to reap the benefits for as long as they remain a
member… without any additional effort!

The same is true if you choose to sell a product that is
made and delivered by another company - often called drop
shipping.

By creating a sales page that appeals to your audience you
can continue to collect profits on the sales of your
product or book without having to do the work.

If you have a special knowledge about a particular topic,
or if you are skilled at research and writing, you can
likely find a topic worth writing about.

If you need to sell with little overhead you can even
write a book in PDF format that can be downloaded rather
than traditionally printed and shipped to the buyer.

If you choose drop shipping of a physical product, find
something you can create an interesting website around.
Share lots of information with the prospective buyer and
create a professional sales page.

Whichever method you choose, the key is to setup your
business so that it is as automated as possible so that
once you’ve set it up you don’t have to continue working as
hard.

When you combine all this with the proper combination of
marketing and interested customers you can create a system
that works even when you don’t.

Find residual income programs by clicking here.

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This Week’s Trivia Answer
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Here’s the answer to the trivia question I asked earlier…

What is the Slowest Growing Tree in the World?

The slowest-growing tree is a white cedar located in
Canada. After 155 years, it grew to a height of 10.2 cm (4
in.) and weighed only 17 g (0.6 oz), averaging a growth of
0.11 g (0.003 oz) each year.

The tree is found on a cliffside in the Canadian Great
Lakes area.

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Healthy Body… Healthy Mind
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Tips on Training Your Mind!

Today’s fast paced life often puts every one of us in
difficult situations where stress and anxiety dominate our
day. The frequency and complexity of problems that arise
and need to be dealt with weakens both our minds and our
bodies, making us incapable of finding the right solutions.

There are several ways to improve your power of
concentration and to learn how to relax your mind and
prepare it for future struggles. Your body responds to what
your mind dictates, but most of the times it does this on a
subconscious level.

If you manage to tap into this vital resource, which is
your subconscious mind, you get an extra edge in dealing
with all problems that surround you.

First of all, try to change your daily routine. Not much,
just a bit, but be very conscious about the changes. In the
evening, try to recall all the events that took place in a
day. Quickly analyze the highlights of the day and check
for any gaps in your memory.

If you fail to remember details about an issue you want to
recall this is a good indication that you momentarily
failed to concentrate during that timeframe.

You may also try to diversify the way you live. Again,
changes don’t have to be drastic.

If today is no different than yesterday and the day before
you might want to include new elements in your life. You
could start practicing a sport or maybe giving a shot to a
hobby you never practiced before.

Repetitive and dull actions slowly push your mind in a
state of semi hibernation, which slows down your responses
to the issues around you.

Stimulating your mind by engaging it in a new activity
always has good results. You don’t have to play heavy mind
involving games (such as chess, for example) to do this.
Try the simple things first: take a different route on your
way to work, buy another brand of laundry detergent.

Try to travel by bus, if you normally use a car and stand
up on a chair to have a different perspective of your
bedroom.

You can also engage your mind in other interesting
activities such as meeting new people or seeing old
friends.
Give a call to an old high school friend and go out for
some coffee or a beer. Your talks will surely trigger a
chain of events that you store in your mind but almost
never utilize. Still, this would be a good exercise for the
mind and, more importantly, a pleasant experience for you.

There are many things you dislike or despise in life. Give
them a chance, try to view them from another perspective.
If there is a person you hate try to put yourself in his or
her shoes for a few minutes.

Try to see yourself through the eyes of people around you
and objectively observe your actions and beliefs.

Try to let a clear mind analyze events that you find
annoying and ignore the preconceptions that urge you to
judge a person or event in a certain way.

All of the above are just some simple exercises that will
help you face your problems better prepared. Do not over do
any of them and let them integrate naturally into your way
of life. You may soon look in the mirror and see a happier
you!

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Have You Got Any Comments?
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This is your chance to speak out.

Comment on articles I’ve run in the newsletter, give me
your thoughts on changes or your ad testing results or
questions relating to your business, etc.

In other words, just talk to me about what you think I
need to do to improve the newsletter.

Be sure to include your website address too, because if
I use your comments in a future issue of the newsletter,
I’ll thank you by posting your address so that you can get
additional free traffic to your site!

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That’s a Wrap for this Week
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That wraps up another week’s newsletter and I hope you
enjoyed this issue.

Don’t forget to send me any comments or questions you
may have to the Feedback Loop. I would be only too happy to
help you in any way that I can.

From time to time I’ll send you important updates
that will provide information that has the potential to
greatly improve your online business… and of course
your profits!

However, you can rest assured that I will only ever
recommend products that are considered to be of HIGH value
and will provide indisputably benefits to help you grow
your business… that’s my guarantee!

Your friend,

Gilles Rais

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