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Products the MacGyver Way

Article Description:
====================

A lot of small business owners like the idea of creating
information products. They like the benefits of creating passive
revenue streams, demonstrating value, and establishing their
expertise.


Additional Article Information:
===============================

1001 Words; formatted to 65 Characters per Line
Distribution Date and Time: 2008-02-13 11:12:00

Written By:     Judy Murdoch
Copyright:      2008
Contact Email:  mailto:[EMAIL PROTECTED]



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Products the MacGyver Way
Copyright (c) 2008 Judy Murdoch
Highly Contagious Marketing
http://www.judymurdoch.com/workbook.htm



A lot of small business owners like the idea of creating
information products. They like the benefits of creating passive
revenue streams, demonstrating value, and establishing their
expertise.

But a lot never get past the idea of information products because
they worry they'll need to learn all sorts of special
technologies and buy expensive software to create one.

If your concern about complicated technology is keeping you from
creating an information product read on. It's a lot easier than
you think.

To do this, I want you to start thinking like the TV action hero,
Angus MacGyver.

======================================= 
MacGyver 
=======================================

In the TV show, Angus MacGyver (known to his friends as MacGyver
or "Mac") who favored brain over brawn in order to solve
desperate problems. MacGyver's main asset was his practical
application of scientific knowledge and inventive use of common
items. (Source: Wikipedia)

Need to defuse an advanced nuclear weapon? No problem. MacGyver
did it with a paper clip. Worried about that sulfuric acid leak?
Give MacGyver a chocolate bar and he'll plug it. Need to read
teeny tiny secret spy notes? MacGyver created a magnifying devise
using a hair clip and a few drops of liquid.

======================================= 
Your Information Product Toolkit
=======================================

Now I know it's highly unlikely that you will ever be in a
situation in which you need to defuse an advanced nuclear weapon
much less with a paper clip.

What I want you to take away is the idea that with a little
know-how and resourcefulness, you already have the tools you need
to create a good information product.

MacGyver's basic tool kit was duct tape and a Swiss army knife
plus whatever was lying around.

What about a tool kit for the small business owner who wants to
create information products? Here's my list: 1. Own or have
access to a personal computer. 2. A word processing program like
Microsoft Word or OpenOffice (free) 3. (Optional) A digital
recorder like the Olympus VN-4100PC which retails for less than
$50.

Most if not all of you reading this have #1 and #2. You can get
by without #3, the digital recorder but it's very useful and
I'll say more about that in a moment.

======================================= 
Six Information Product Ideas MacGyver Would Approve Of
=======================================

Okay, so let's say, you hire MacGyver and you say, "Mac, I want
an information product, fast, and all I have is my 3-year old
Dell computer, a copy of OpenOffice, and a friend with a digital
recorder. Can you help me?"

Here are six information products that you have all the tools and
know-how you need to get going: 1. Giving a Presentation? Record
it!

Nothing blows my mind more than when I talk with a business owner
who tells me about a great presentation they did for a local
service organization or a customer. "Did you record it?" I
always ask them. They look at me like I'm completely nuts, "No,
why would I?"

Why? Because in most cases, you have an instant information
product.

When I do presentations, I always record them on my little
Olympus DS-30 digital recorder. Do I use them all for information
products? No. But I like having the option.

2. Don't Forget Your Presentation Slides

If your presentation was accompanied by clear, user-friendly
slides, I encourage you to use those as information products as
well. Even better, bundle the slides with the audio recording and
make both available.

Note: Not a big deal if you don't own software to create
presentations such as Microsoft PowerPoint. There are free
options you can use such as OpenOffice Impress and Google Docs.

3. Write How To's And Tip Sheets

Very few people will pay for a 500-word tip sheet. However,
people will pay $10 and up if you take 20 such tip sheets on
related topics, create a table of contents, and put them together
in an e-book.

4. Leverage Your Research

A travel agent I know was frustrated because she spent several
hours putting together a vacation package for a prospective
customer who booked his trip with another agent. She wondered if
there was a way she could earn money doing the research
regardless of whether the prospect did business with her. I
suggested she use the research to create one to two page "tips"
articles and sell on her web site.

For example, "Five best cruise vacations for budget
travelers."

Regardless of whether she gets the business, she now has
something useful she can sell to website visitors. The articles
also help to establish her as an expert in budget travel.

5. Audio Recordings

This is when having a digital recorder comes in handy. Anything
you can record: a presentation, an interview, a class; even
reading a written article out loud, can be transferred to your
computer and distributed on the Internet.

Important: If other people are involved (for instance, you're
taping a workshop), let them know upfront that you will be
recording. This is especially important if you intend to sell the
resulting product.

6. Interview Other Experts Whose Work Complements Yours

No small business is an island. We all depend to a greater or
lesser extent on the talents of others to stay in business. As a
marketing consultant I need the services of an accountant,
graphic designer, Web and blog designer, a PR expert, and a
printer, just to name a few.

What types of questions do you ask these folks? Do you think
others in your profession might be interested in the answers?
Yes, probably.

I recommend recording your interview so you have the complete
conversation. You can then write a question and answer article on
the parts that are most relevant to your audience.

======================================= 
Bottom Line 
=======================================

You don't need to be a technical wiz to create information
products. Nor do you need to buy expensive software or hire a
film editor. You just need to think like MacGyver; have the basic
tools, know how to use them, and think creatively.




---------------------------------------------------------------------
Judy Murdoch helps small business owners create low-cost, 
effective marketing campaigns using word-of-mouth referrals, 
guerrilla marketing activities, and selected strategic alliances.
To download a free copy of the workbook, "Where Does it Hurt? 
Marketing Solutions to the problems that Drive Your Customers 
Crazy!" go to http://www.judymurdoch.com/workbook.htm 
You can contact Judy at 303-475-2015 or [EMAIL PROTECTED]


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