The whole purpose of this blog is to show you how to create and build your own cash flow digital assets.
Naturally we like to teach by example (including successes and failures). In this 5 part series we’re going to create a digital asset and launch it to a selected market and document the entire process (a condensed version).
This series will only be available on this blog. It will include videos and articles (there will also be some extra behind the scenes content for our VIP members).
We’re going to cover 3 main sections:
1. Product idea generation
2. Product development
3. Launch and marketing of finished product
Why are we doing this?
Because we want to show you how it’s done in the real world – without hype, without trying to sell you something. Just a real-world “almost live”, community style case study. We want to keep it real.
You can be a fly on our office wall as we go through the process. You might even get to join in on one of our boardroom meetings with my personal team, via webinar to help make product and marketing decisions. Even if you just listen in, you’ll get to see first hand how we operate. I’ve been doing this full-time for over 9 years and we’ve got our systems down.
In fact, you can make your first executive decision right now!
Vote on which digital asset we should create and document.
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I vote membersite because of recuring income…definitely rising income based on the same asset. Then use those revenues streams to go after the other digital products. I think of it as a self-funding & self-building strategy.
Thanks for your vote Vincent.
You raise a good point about self-funding the other projects. Our business has been built this way.
Ansel
The 3 things i would love you to make are the first 3…i really had a tough time picking one option…i would say ,…create a product within the first 3 ,that will take the least amount of money and effort to build and profit from….
am guessing that a mini member-site will fit that snag…..what do you think?
Hi Akan,
A mini membership site is probably the easiest and fastest to create. However, it depends on the iPhone app as well. It depends if it’s a more complex one or a basic one.
Ansel
I know you would likely prefer to do something else away from a mini membership site because it is something you are already known for.i would suggest you do 2 projects instead.an iphone app and a mini membership site.i have some iphone app ideas too and will pursue them when i have bulk cash.generally i would suggest that whatever projects you do you should strive to create one that requires less cash as possible.thanks in fact i have the perfect idea for you.create an app then use the information around the app creation to create a mini membership site.
Thanks for your feedback Akan.
I actually discussed this very idea with my team yesterday. Because the iPhone app and MMS are so close, I was thinking of doing a mini membership site on iPhone apps.
I’ll discuss it again with my team and let you know what we decide to go with.
Thanks for your input.
By the way,you have to remember that many people ,your readers -dont have a team.so you have to think of how they can achieve the same thing without one or how they can get a team easily and cheaply.thanks.will be watching this closely
We’ll keep that in mind. Thanks for checking with us.
Ansel
Android Apps are the thing for now and the near future but maybe too technically challenging for me as of now. Membership sites is a perfect runner up and is not really overhyped nor too competitive and the possibilities are endless I hope ?