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Plan To Succeed With Information Product Creation: Why You Need To Split Your Process Up

One of the keys to succeeding in information product creation is to break the process up into discrete steps. This frequently isn’t an instinctive reaction for the typical information marketer. Especially on the internet where small sized learning products are the norm.

However, it is extremely important to your ultimate success. In fact, I would go so far as to say that if you don’t do this you probably won’t succeed… even when you are starting out let alone as you move forward.

Your product creation system should do this for you if only to help you to understand the overall task.

But why?

In this article, I’m going to ignore chunking and focus on the practical aspects. That’s not to say that chunking isn’t important. It is. It’s important to understanding and to learning the process. But while you can use the same chunks as you move forward, long term your focus needs to be on the operation of the system not the understanding of it. Unless of course you are constantly training new people!

So why is chunking important to long term use of the product creation process? (Yes, I know systems design uses a different term for this process but I’m not teaching you systems design. So I’m going to use the word learning content designers use.)

The first reason that having individual discrete tasks is important is one of schedule estimation. Frequently it is very difficult to estimate how long the total task of creating a product will take. After all, the size and type of the products matters as does the number of products in your product funnel. And those are just the most obvious elements. However, estimating a discrete task is often much easier. The total can then be estimated as the total of the discrete tasks.

Secondly, scheduling a large task can be problematic. However, by segmenting the task into a number of discrete tasks, you gain a much greater flexibility in scheduling. Not only that but as your business begins to add people you are able to schedule multiple people to the product creation.

Finally, segmenting a large task into smaller discrete tasks allows you to have much better control over the product creation. This affects two different areas — status and quality.

By segmenting your process into discrete tasks you are able to schedule and record the progress at much more detailed level. As a result you are more in control of the status of the product creation. You know what everyone is doing. When they should complete it. And how much it should cost. You also know exactly what has been done.

You also improve your overall quality. Instead of waiting until everything is done you can check quality as you go. This allows you to immediate react to low quality products without absorbing their costs. This means that you have less rework and your rework costs less. And if the product is not going to meet its quality requirement you will know about it in time to stop the development, change the requirement or fix the product.

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Start a Home Based Business Today

So you want to start a home based business? Maybe you are in a dead end job which you hate. OK so it gives you some financial security but you would prefer to be your own boss and not be told what to do all of the time. You want some more control in your life? You feel life is passing you by and before you know where you are your life will have passed without you achieving what you always wanted to?So that is pretty much normal I’d say. The vast majority of people feel the same. Nearly all will never do anything about it. They will move towards a point in life where they will reconcile these thoughts with the fact that it really is simply too late. A small percentage, a very small percentage, will be motivated at some point to do something about these feelings.These people will feel so strongly that they will be forced into action. They will start to try and take control of their lives and try and break free from the control of a wage and a job they hate. Frequently their attempts will fail, but many will simply step right back and try again. Maybe eventually they will succeed.Now you have a choice. Will you be one of the vast majority? Or will you be part of the small minority that tries to do something? If you are the latter then this article is for you.The mistake most people make when starting a business is that they go in too big, make irrational decisions and end up in a position where their business can only fail. They may take risky decisions, they may borrow far too much money to finance their enterprise, they may try and grow too quickly or attempt something without research and planning.Business failures are running at a rate almost equal to business start ups. So even if you are one of the very few who choose to take on the challenge and attempt to go into business, the odds are stacked against you from day one.However, there is an alternative way. The safe way! Start small, very small, and grow slowly. Start a business from your own living room and keep your job for the time being. Allow the business to grow slowly, ploughing all profits back into it for the first year or two. Keep the risk low by not borrowing anything and keeping your overheads down.This may not be the quickest way to start a business, but it is the safest. If you can get a business to start in this way and build it to the point you can actually go full time working on it you will find it will be a very much more secure business going forward.So that is my first piece of advice. Start small, grow slow and keep the risk down.Next, be careful what you choose to do. The web is full of schemes, scams and programs that promise to give you untold wealth. They are a waste of your money and time. Seriously, anything that is not based on a real product or a real service is very unlikely to succeed long term. Most of the web schemes, scams and programs are based on thin air. They will not make you serious money and they certainly will not set you free from your day job. Trust me on that one!Base your business on real products or a real service. If I had a choice of the two I would go with service, but either are preferable over thin air.Next research, plan and prepare. Get to know your product or service well. Become an expert in it. Then become knowledgable about the marketplace. Who else sells this product or service? How well are they doing? Have similar businesses gone bust recently? What are the profit margins like? What does the risk look like?Become obsessive about this part. Good research can save you from wasting lots of money and worse still lots of your precious time. Do not become sucked into looking for a way to reassure yourself that your chosen product or service is good. Carry out the research as independently as you can. Do not become so wedded to your idea that whatever your research tells you it will not influence the fact that you are going to go right out there and do it.Be realistic. If your research says this idea is unlikely to succeed, drop it and move on.Whatever you decide to do, make sure you do something. The worse you can become is part of the vast majority. Be one of the few who try and break free. You simply never know where it might take you by this time next year.

How to Make Money Online Through a Network Marketing Home-Based Business

Because of the potential to earn five to six figure incomes, Internet network marketing has been one of the most popular home-based businesses operating online. You don’t need a lot of money to join a typical networking company. Once you have joined, you then have the opportunity to enjoy financial success if you work hard and apply yourself effectively. And for this reason, lots of people join a Internet home-based business opportunity.

Find a Legitimate Network Marketing BusinessThere are plenty of networking companies offering an Internet home-based business opportunity. But of course, the first step to success is choosing a suitable legitimate network marketing business for you. Look for a networking company that is likely to last for years. Probably, the best choice would be a company that has already been operating for more than 10 years in the industry.Furthermore, the right company, at the very least, must already have hundreds of members promoting the product and opportunity offered by the company. But naturally, remember that a legitimate business must also be honest and ethical.

Have the Right Outlook and PersonalitySuccessful businessmen possess key attributes. These attributes ensure they make money in their chosen venture. So, if you are planning to be an Internet home-based entrepreneur, you should adopt the following key attributes:Entrepreneurial Mindset Having the mindset of an entrepreneur is critical to your success. Study the success s patterns of others by reading books, and attending business seminars and workshops.Keep this in mind: successful businesses always have passionate owners and founders.Continuing Commitment to Your BusinessNo business can succeed without committed and hardworking people. This includes the owner and everyone working for the company. But since you are working at home, your business is solely dependent on you. Therefore, consider doubling your effort and commitment.Patience and DeterminationBefore you can actually reach a six-figure income, you must put in a great deal of effort. However, this effort may not produce results for some time. Your patience and determination will certainly be tested several times in varying ways.

Act Now to LearnPerhaps, you are worried that your skills might not be sufficient to ensure you make money in your home-based business. Consequently, you may be nervous that things might not work out for you and your business.But rather than being regretful later, don’t you think it is better to try now? Experience is the best teacher after all. You need to have a business in order to fully understand how it operates, its perks and drawbacks.Do not be scared of failure. Small failures along the way are to be expected – use them as an opportunity to learn and grow.Lastly, never quit. You may not be able to see the fruits of your endeavor in the first year, but in time, you will undoubtedly reap positive results.The combination of an online home-based business and network marketing has produced massive income for the fortunate few. Internet network marketing is really the type of a home-based business in Australia which can combine the pros of an online home-based business with network marketing to potentially produce an above average income as an Internet home-based business owner.