Products To Create Passive Income Streams
Someone asked which products to use to create passive income streams. I teach business owners how to create passive income streams, and my recommendation is to create your own products. Yes, it will take longer than selling someone else’s, but it will help you create your own brand, use your own expertise and create reliable income streams for years to come.
The products I recommend to create are usually e-books, audio recordings, reports, etc – they are digital products that you can sell using your own computer. You don’t need to have an inventory – you just need a copy of your work on your computer.
To find topics for your products, I recommend looking to your expertise or to something that you love to do and to see if you can find a target market that you can help. Survey your target market to see what kind of information and products they are interested in buying – after all, if there is no demand, there is no point to create a product to meet this demand. Once you find out what your target market needs, you can consider creating products around that.
Biana Babinsky
To learn more about creating products and passive income streams, get the Complete Step By Step Information Products Guide