This Static Spot is open for sponsor

Click Here to Sponsor MCT Eric Post in Full Page

Afrikaans Afrikaans Albanian Albanian Amharic Amharic Arabic Arabic Armenian Armenian Azerbaijani Azerbaijani Basque Basque Belarusian Belarusian Bengali Bengali Bosnian Bosnian Bulgarian Bulgarian Catalan Catalan Cebuano Cebuano Chichewa Chichewa Chinese (Simplified) Chinese (Simplified) Chinese (Traditional) Chinese (Traditional) Corsican Corsican Croatian Croatian Czech Czech Danish Danish Dutch Dutch English English Esperanto Esperanto Estonian Estonian Filipino Filipino Finnish Finnish French French Frisian Frisian Galician Galician Georgian Georgian German German Greek Greek Gujarati Gujarati Haitian Creole Haitian Creole Hausa Hausa Hawaiian Hawaiian Hebrew Hebrew Hindi Hindi Hmong Hmong Hungarian Hungarian Icelandic Icelandic Igbo Igbo Indonesian Indonesian Irish Irish Italian Italian Japanese Japanese Javanese Javanese Kannada Kannada Kazakh Kazakh Khmer Khmer Korean Korean Kurdish (Kurmanji) Kurdish (Kurmanji) Kyrgyz Kyrgyz Lao Lao Latin Latin Latvian Latvian Lithuanian Lithuanian Luxembourgish Luxembourgish Macedonian Macedonian Malagasy Malagasy Malay Malay Malayalam Malayalam Maltese Maltese Maori Maori Marathi Marathi Mongolian Mongolian Myanmar (Burmese) Myanmar (Burmese) Nepali Nepali Norwegian Norwegian Pashto Pashto Persian Persian Polish Polish Portuguese Portuguese Punjabi Punjabi Romanian Romanian Russian Russian Samoan Samoan Scottish Gaelic Scottish Gaelic Serbian Serbian Sesotho Sesotho Shona Shona Sindhi Sindhi Sinhala Sinhala Slovak Slovak Slovenian Slovenian Somali Somali Spanish Spanish Sundanese Sundanese Swahili Swahili Swedish Swedish Tajik Tajik Tamil Tamil Telugu Telugu Thai Thai Turkish Turkish Ukrainian Ukrainian Urdu Urdu Uzbek Uzbek Vietnamese Vietnamese Welsh Welsh Xhosa Xhosa Yiddish Yiddish Yoruba Yoruba Zulu Zulu

 

 

Article Navigation

Back To Main Page


 

Click Here for more articles

Google
The Seven Blatant Blunders of First-Time Audio Product Producers
by: Robert Schultz
Once entrepreneurs and solo-professionals get the idea they can write their own ticket with self-produced audio products, they get excited. Really excited.

And that’s the rub.

Because folks that are excited have a lot of energy and enthusiasm. Which is good. But they also are hell bent on squandering that energy on any idea that comes to mind. Which is not so good.

Because, the worst place to make a mistake is right at the beginning of your journey. And a mistake in the early stages of your product creation career can not only sink that first project, but discourage you from EVER producing anything again.

There are Seven Blatant Blunders that novice audio product creators make repeatedly. And while these aren’t the only pitfalls you’ll have to watch out for, they are the ones that will rear up when you least expect it, to bite you on the you-know-where:


BLATANT BLUNDER #1 -- What I Want, Not What They Want

If making money was not a reality of business, we could produce anything we want. But, for most of us, making money is crucial. I can’t remember the last time my landlord accepted my good intentions and sweet smile as payment in full.

Still, its shocking to see how many folks ignore this fact when choosing their first products. They’ve often had a dream or a fantasy of just what they would create if they only knew how.

But once they learn how, they forget that it takes two to tango. And if your market does not share your dream, you’re going to end up with an expensive failure.

Look, I’m not saying to pander to the lowest common denominator to make a buck. I am saying you need to find the happy meeting point between what you do best, what you love to do, and what your market is willing to buy BEFORE you decide on your first product.


BLATANT BLUNDER #2 – THE MINI-SERIES FIASCO

While people are often terrified of recording audio, once they learn how easy it can be, the pendulum swings in the other direction. Suddenly, even a Steven Spielberg extravaganza looks too small.

The best thing you can do for your production career is to start small. Do whatever you can to get a modest project out there quickly, even if it means doing a 15-minute free program that you give away at your speaking engagements.

Confidence is contagious. The best way to build confidence is to get your first recording out the door and seeing the happy smiling faces of people who snap it up. Get focused – get simple – and get something done.

And leave the multi-part mini-series for later.


BLATANT BLUNDER #3 – THE OPRAH SYNDROME:

True, simply creating a decent product will raise your profile in the eyes of your customers.

But it won’t get you on Oprah.

Many first-time producers just don’t get that simply producing great audio does not assure success. You have to make sure those who can benefit from it KNOW just how valuable it is, making the cost of NOT buying it seem much higher than the cost of buying it.

For many folks their dream of success included an appearance on Orpah.

The good news is that you can make a boatload of money without getting within a thousand mile radius of her show. And the energy of that fantasy can best be channeled towards achieving more down to earth goals.

True – if you build it, they will come. But they may NOT come in sufficient number to make it worth your while. Focus on what you can do NOW. And leave Oprah for later.


BLATANT BLUNDER #4 – WORKING WITHOUT A STRATEGY

I always tell my clients “Ask not what you can do for your audio, ask what AUDIO CAN DO FOR YOU.”

However, most folks get stuck right at the start by asking “What project should I produce?” When the question they should be asking is “What do I want this project to accomplish for my business?” Is it building a huge mailing list? Is it creating sales on your website? Is it having a substantial product to sell at your live appearances? Or is it having a bonus to entice folks to sign up for your high end services?

Audio is not an end in itself – but a means to accomplish what you want in your business. People who try to decide what project to produce BEFORE asking what they want that project to achieve are working very hard for their audio. My suggestion is to turn the tables, put strategy FIRST, and let your audio work very hard for YOU.


BLATANT BLUNDER #5 – MISSING THE UPSELL

An upsell is simply a way of making additional money from people who have just bought (or are in the process) of buying something else from you. For example, if you are giving a live workshop, give attendees the opportunity to purchase an additional product that builds upon what they’ve discovered in your workshop.

Because its so much easier to serve your existing raving fans than to try to earn new ones, an upsell is an effective strategy. Don’t ignore the fact that a purchase is a vote of confidence. And when people have purchased (or are in the process of purchasing) is the BEST time to add additional value by giving them a GREAT DEAL on a supplemental product.


BLATANT BLUNDER #6 – NO PRODUCT SHOULD STAND ALONE

Folks who see their audio merely as a stand alone offering, rather than a component of an entire package or bundle of products and services, are missing out on a huge portion of their profits.

Because, strange as it sounds, people are actually happier to spend more money with you if they feel they are getting a great deal. The same person who complains about the price of bread going up 20 cents, will, in the next breath, crow about the $3,000 they saved on their $50,000 Mercedes.

People love a good deal – and will happily spend a lot with you if that’s what they feel they are getting. I’m not saying you shouldn’t sell your products alone. I am saying you must ALSO look for ways you can bundle your audio products with other services.


BLATANT BLUNDER #7 – LOOK MA, I’M INVISIBLE

In a perfect world, your audio would emit a secret signal, audible only to your target market, that would hypnotize them to buy. But until that’s perfected, you’re going to have to find ways to get the word out.

Fortunately, there are lots of ways to do this. Public appearances are great because audiences get a chance to sample you ‘in the flesh’. And its often a small step for them to ‘take you home with them’ by purchasing your products. Distributing free articles to build your mailing list is another time-tested way to make this happen. You can also link your audio to publicity for a book, e-book or workshop you’ve already got going.

There are many ways to get visibility for your project. And its wise to put some thought into how you’re going to do that BEFORE you record. Because the only thing worse than being all dressed up with nowhere to go, is to have 100 copies of your first CD sitting in your closet without the slightest idea of how you’re going to get them into the hands of your customers.


======================

copyright (c) 2005 by Robert Schultz. All rights reserved.

About the author:
Rob Schultz, the creator of the Audacious Audio Success System, mentors cutting edge entrepreneurs to catapult their profits with their own affordably produced audio and information products.



Receive your free “5 Audacious Avenues to Blockbuster Audio Profits” special report, packed with crucial keys to getting started at: http://www.audaciousaudio.com



You are welcome to reproduce this article, as long as it remains complete and unaltered, and includes the resource box above.



Circulated by Article Emporium

 



©2005 - All Rights Reserved

This Static Spot is open for sponsor

Free Business Information

Read Articles:

Double Your Business Results Using Th...
Creating A Value Proposition For Your...
What are the benefits of blogging for...
Ever Wondered What An eCommerce Merch...
Running Your Own Business: The Options
Networking: Beyond the Elevator Speech
Thinking about Free or Cheap Web Host...
The Value Of Safety Videos
Succeed with your own Home Based Inte...
Five Reasons to Incorporate a Company...
How to Create Your Own Information Pr...
Why Is Small Business Health Insuranc...
Failing At Your Network Marketing Bus...
Brochures. Are yours helping or hurti...
Finding a Niche
Think Positive - Care for your Customers
Checklist for starting a business
What Goes Around Comes Around
MLM Training - Don't Sell Your MLM Bu...
Creating a Business Strategy
Interviewing Job Applicants Can Be Ha...
Internet Home Business Opportunity
Connecting With Customers
How To Get All The Traffic You Can Use?
Convert Leads Into Customers, And Cus...
How to Find Those Niche Markets Your ...
Choosing A Business Opportunity - Sta...
Tips For Hot List-Building
How To Market Without A Website
New Year's Planning - Critical Succes...
Collective of Modern Concepts to Bett...
Are You Serious About Your Work At Ho...
How To Make The Most of Public Domain...
The Power of Small Business Branding ...
How to use Three Step Direct Response...
11 Rules for Selling to a Skeptic
The 12 Reasons Why Most Ads Fall Flat...
Investing the Profits from Your Home ...
Maximizing the Use of Autoresponders
Invest Wisely in Yourself and your Bu...
Tax Tips For Small Businesses
What Software Do You Need For Your Sm...
Purchase Order Financing: for Start-u...
There Are Tons Of Small Business Gran...
Home Based Business vs. Family Time
Home Based Franchising
7 No Cost Tips to Market Your Business
How to work from home.
Call in Your Advisors!
Mark Anastasi Interview
Ozana Giusca Interview
Richard Parkes Cordock Interview
A Home Based Business That Works
Web Host Review - To Prevent Web Hos...
5 Powerful Rules for Writing Advertis...
Waiora Top Recruiters Using Conversat...
VoIP vs. Analog
FOR WOMEN: THE 5 MOST DEADLY NETWORKI...
Home Business Start up--Relocation Co...
How to Educate your Prospects
Entrepreneurs - You Might Want To Dro...
Learn to walk before you start to run!
How to Quit Your Job
Writing A Business Plan What Makes A ...
The Goldmine known as Private Label R...
Image and Branding Advertising¡KGet o...
Sales Leads - How to Generate Quality...
The Fun Of Starting A New Business
Why cutting your prices is like cutti...
Higher Prices Lead To Higher Profits ...

More Article Pages 1 - 2 - 3 - 4

Rental Property Investment - Finding The Properties
 by: Steve Gillman

Rental property investment starts with finding the best deals. To do this, you can increase your odds by finding more deals. Who's more likely to get a cheap apartment building, an investor that looks through the MLS listings and calls it a day, or the one that uses ten resources? Here are those ten:

1. Look in old papers to find "For Rent" ads. Call if they are a few weeks old. The landlord may be ready to sell, especially if he hasn't yet rented the units out.

2. Look up old FSBO ads. Call on two-month-old "For sale By Owner" ads, and if they haven't sold, they may be ready to deal. Owners often give up the effort, but still would love to sell. Help them out!

3. Drive around looking for "For Sale By Owner" signs. Owners often don't want to pay to keep the ad in the paper every week, so you won't see all properties there.

4. Find abandoned properties. That's a pretty clear sign that the owner doesn't want to deal with the property. He might sell cheap.

5. Talk. Let people know you are looking and sometimes the properties will come to you. There are a lot of owners out there who want to sell, but haven't yet listed their property.

6. Talk to bankers. You might get a foreclosed rental property cheaper if you buy it before they list it with a real estate agent.

7. Offer someone a finder's fee. There are people that always seem to hear about the good deals. Have such people coming to you.

8. Eviction notices. If your local papers publish eviction notices, or if you can get the information at the courthouse, it can be useful. A landlord who just went through the procees of evicting tenants is a likely seller.

9. Use the internet. Go to a search engine and enter the type of real estate you are looking for, along with the city you want to invest in. You never know what you might find.

10. Put an ad in the paper. "Looking for rental properties to buy," might be sufficient to generate a few calls.

There is a lot more to learn to do it right, but finding good properties is a good place to start for rental property investment.

About The Author
 

Steve Gillman has invested in real estate for years. To get a free real estate investing course, and see a photo of a beautiful house he and his wife bought for $17,500, visit http://www.HousesUnderFiftyThousand.com.

 

 



©2005 - All Rights Reserved

JV Blogs Visit free hit counter