Alright, so admittedly I have not kept up with the review of the book The Four Hour Work Week. Truthfully, I have been stuck in paralysis analysis and I have been having a heck of a time deciding on creating a digital product or a physical product. What I may go with is a mash up between the two where I use a digital product, meaning a website, to create a physical product that will be dropped shipped to my customers.
There has been a lot of buzz surrounding Facebook as an avenue for obtaining customers and selling products that they are interested in. Obviously these products, mostly T-Shirts, are lower priced items that don’t involve a lot of overhead. Now, there is some advantage to using these services as they already have the supply chain mastered and as well as it would free my time supporting numerous customers.
A pure digital product, however also has the advantages of easy delivery, but the support for the product could be an issue. That is where Kindle books come into play here, they are effectively a digital product, and the delivery method as well as customer support is already taken care of.
The idea of these products, or a muse, as Tim Ferriss calls it, is to create a stream of revenue you can use to free your time so that you can do what you want when you want. But just haphazardly moving forward without thinking about copyright issues or other matters is foolhardy. In this day and age, there will always be someone ready to knock you down a peg if given the chance.
Hopefully, in the next couple of weeks I will have something solid and a potential template for others to follow here. Without getting too detailed I have been distracted by other matters that required my attention. If you have been following along I thank you for being so patient. An update will be here shortly.