By Axisadman (Own work) [CC-BY-SA-3.0 (http://creativecommons.org/licenses/by-sa/3.0) or GFDL (http://www.gnu.org/copyleft/fdl.html)], via Wikimedia Commons

SPI #28 – How to Develop a Product

… previously on Smart Passive Income …

What’s Smart Passive Income? You create a product (most likely an information product), setup an automated process to “sell” it, and make money without further effort …

… and now the continuation …

Do you have problem finding YOUR product? No idea, how to develop a product?

If you sell an information product, you should know what you are talking about … however, you do not need to be an expert when you start. Pat, for example, was not an expert on LEED architecture when he started to gather study material. Even when he had passed his exam, there were more experienced people out there knowing more about the topic. But his unique point of view – as student learning for that special exam – helps other people preparing for the exam. And they are willing to pay for that piece of information …

Do you want to know more about Pat?

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