Considerable Factors Involved in Product Creation & Marketing

The niche you have chosen should allow creation of more than one product or service. With the technological advancements in the hosting industry, from automated control panels and scripts that simplify creation of accounts, to complete turnkey solutions; there is no need to worry about spending time on the real products sold to the customer. The main ones are keyword selection, sales copy principles, graphics, affiliate programs, product creation, online payment processing, auto responders, and search engine optimization.

Once you’ve earned money from this type of information product business, you can invest in the creation of your own products if you want, or start offering more informational products that allow you to sell your knowledge. But the creation and production costs of a similar big ticket in sequence product, although higher, are still pretty low. A key by-product of this process will be the creation of 3-D, Computer Assisted Design art.

The Association for Financial Professionals permits the following activities for repatriating funds: Research and Development activities, advertising and marketing programs, hiring and training new recruits, acquiring patent and other rights to intangible property, improving transportation, funding capital investments with the purpose of job creation and job retention & funding product responsibility or environmental claims.

It prohibits certain activities like: Tax payments, Payment of executive recompense, Payment of dividends, Redemption of stocks, Debt investments and Portfolio investments. Therefore, before repatriating the money, you must consider whether it is worth or not.

Checklist on what artist and product development necessitate includes: Exceptional vocals, musicianship and/or songwriting skills, Continued education and enhancement of musical skills, Quality equipment, Performance ability, Image creation and maintenance, Plan of action, goal setting, excellent promotion materials including photographs, press releases and artwork, Business management skills, Marketing, Publicity and Promotion knowledge, Online and Offline Professional management, Basic knowledge of recording, producing, engineering, and mastering, Basic knowledge of manufacturing, distribution, and sales online, brick and mortar and air-play, Good choices in members, staff and advisors, Physical and mental preparedness, Basic knowledge of finances, accounting Law and legal issues etc.

The goals for doing so are for the product owner to: Communicate the whole, Determine and communicate when releases are needed, Determine what functionality is sufficient for each release & focus on business value derived from the releases. The delivery team on the other hand will see the whole, learn about the steps to realize the vision, learn the business priorities, provide technical input to the roadmap and provide estimates for the projected features. The salesperson must lead the prospect through the various decision criteria needed in order to secure a sale. Whether your idea is the development of a product, launch of a service business, or even the creation of an event or program for a non-profit, creativity is the root of all entrepreneurial efforts starting with the vision itself.

People quickly learn to spend their time on marketing and product creation, rather than repetitive tasks. Apart from empowering companies and individuals, there should be a particular focus on identifying labor intensive businesses that have the potential to make a significant and positive impact on employment creation as well as those businesses that have a product or service offering for export markets with the final objective of booming local economies.

Home Based Business and Self Employment

With today’s dire economic conditions a home-based business may be your answer to financial security. However, with literally thousands of home-based business opportunities to choose from it is critical to know you’ve selected the right company for you. Knowing what to look for is essential.
Here are 4 critical questions you need to consider.1. How long has the company been in business?Studies indicate that approximately 60% of businesses fail within their first 2 years. It is important to make sure the company has been around for a while. You want a company that is solid and stable. The last thing you want is to spend countless hours promoting a product or service only to watch the company collapse. Do your home work and research the company.2. What is the background of the company officers?
The quality of its management has a dramatic impact on how well a company does. You want to look for a company with leaders who have had major accomplishments. Leaders with proven success in prior ventures. Look for an established team where the members have already proven themselves based on their accomplishments.3. Does the Company have exclusive products?
This is one of the most important variables that any company can possess. You do not want dozens of other companies marketing the same of very similar products and services that you’re trying to market. Look for a company whose trademarked products are patterned and cannot be duplicated by another company. Regardless of what you are marketing it is important that the product be legally protected.4. Are you truly passionate about the company’s product?
Be a product of the product, this is how you get paid. Enjoying your products and being passionate about them is absolutely essential. Sometimes people make the mistake of being caught up into how much the company pays out and forget what the business is really all about. Your attention should be geared toward how much you can help others. Be passionate about helping others find the products or services that they need and you will be rewarded monetarily.To your success.

Online Open Source Education

Online education is increasingly on the public’s mind with many pursuing higher education during the current tough economic times. Accompanying the growth of the for profit online universities, serving these students, is the open source education movement. This movement, headed by MIT OpenCourseWare and the Khan Academy, seeks to revolutionize education by offering free content to anyone with an internet connection. Bill Gates said in an interview that he believes that within five years the best education will come from the web. Coming from a man who has made billions from investing in innovation, such predictions carry an enormous amount of weight.

There is a huge demand for online education materials, not just for those enrolled in online courses, but for anyone trying to learn. The upcoming generation of college freshman have to think hard to remember a time before Google and YouTube. Therefore, it is not surprising that the first reaction of many young students when faced with a difficult problem is to “Google it.” Interestingly enough, with the plethora of online education materials, it probably is the best strategy. A quick Google search for calculus returns quite a bit more than what one could find in a traditional library. Full textbooks, video lectures, practice problems with solutions, internet forums connecting to thousands of helpful experts, computer programs, and more content growing by the day make a trip to the library seem silly unless you plan on using a library computer to access the internet.

So where is the open source education movement taking us? Despite the enthusiasm of many, I do not foresee the destruction of the over priced higher education system (bubble?) any time soon. Although, it would be an interesting case study to submit a few resumes with a list of watched YouTube videos as one’s education credentials. The open source education movement will have an effect, however, in the industry that produces supplemental education materials. There is a whole section of “Learn Calculus Fast!” style education books that could be disappearing off the shelves of your local book store (if your local book store hasn’t already disappeared). How are they to compete with interactive online materials, video lectures, and discussion forums for these subjects? Quite frankly, I don’t see how they can.

More interesting than the business impact of the open source education movement is the psychology behind it. What is driving people to produce their own YouTube videos solving calculus problems? Or spending their evenings in a forum devoted to organic chemistry, helping students with difficulty understanding the concepts? Economists and psychologists came together to find what motivates people to contribute to open source projects and found three primary motivators. Challenge, mastery, and making a contribution are the driving force behind all open source projects. These three elements are clearly prominent in the case of the open source education movement and one can add in the “joy of teaching” as an additional motivator. It is for these reasons that I agree with Mr. Gates that not only will the best education soon be available on the web, but that it will also be free.