How Extremely Savvy Entrepreneurs Make Money In The Information Business Without A Product! Part Two

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How Extremely Savvy Entrepreneurs Make Money In The Information Business Without A Product!Part Two

So (entrepreneur), did you happen to notice, in part one of this ongoing series, “how” some extremely savvy entrepreneurs, found several rather unconventional ways, to consistently make (very good) money from being in the information business.

Even though initially, they themselves, didn’t have any physical information products of their own to sell (just) yet!

 Did you happen to take notice of that? In fact, they merely leveraged various on and offline marketing opportunities they became involved in, and used them to their advantage.Did they not?

And somewhere in the process, they were able to create a marketable information product or two while doing so!

Part two is going dive just a little bit deeper and demonstrate, a few more (semi) creative ways, some of these extremely savvy entrepreneurs leverage their opportunities into, some bankable information products and services! Does that sound like something you would be interested in learning more about?

So What Other Creative Ways Have Some Incredibly Savvy Entrepreneurs Consistently Used In Order To Cash In Big Time In The Information Business?

(Even Though They Initially Didn’t Have Any Physical Information Products Of Their Own To Sell?)

First of all, let’s be crystal clear here. We are not suggesting, that some of these extremely savvy entrepreneurs,couldn’t have started out without their very own information products or services, by being an affiliate and actively promoting another marketers products & services, for some form of commission/compensation etc.

Because clearly, (that was) and is, an extremely viable marketing alternative for them to per sue.

However, what we’re referring to here, is the fact they chose to profit (handsomely) I might add, from being in the information business, (when they were) initially starting out, even they didn’t initially have any type of physical information products of their very own yet!

Yet they still managed to leverage various marketing opportunities they became involved in, and create some bankable information products and or services in the process!

Extremely Savvy Entrepreneurs With The Right Marketing Mindset Can Accomplish Quite A Bit! (Don’t You Agree?)

Case in point: Please take a moment to read a recent comment, from one of my Coaches, from part one of these series. 

And hopefully, you will discover “why”, you definitely have to start “thinking just a little further outside” the proverbial box!

The truly dynamic, and (one and only), Donna Merrill, of DonnaMerriltribe.com. One of my Coaches & Mentors.Both she and her husband David BTW! 😎

She recently commented on part one of this series and I thought it was a perfect example, of what’s truly possible, when you and I have the right entrepreneurial mindset. Have a look and tell me what you think!

“Hi Mark,

I certainly love how you show that you don’t need a product to sell information. The example you used shows a savvy entrepreneur showcasing her expertise, and then selling coaching sessions to folks who want more of the information she has to share.

This is a great method, and one that I teach my blogging clients to do. Brand your authority with your blog, then offer a coaching program. I actually go into quite a bit of detail on how to set up a coaching program in my membership club, and I’ll be developing that into a paid course real soon. So, there you see that doing a “training” as a coach, I’m actually creating a product at the same time. So the two things don’t even have to be mutually exclusive.

Start coaching before you even have a product, then create products from your coaching sessions.

Savvy stuff here, Mark.

I love it.

Enjoy the Holidays.

-Donna”

Entrepreneur, are you starting to smell the long term marketing possibilities, or what? 😎 And yes, I highly recommend, you not only check out her totally awesome blog asap, but you join her list, invest in her awesome products and services, (like I have) and start consistently applying her proven money making advice now!

(Important note:I did recently, and immediately experienced a mere 200% (ROI!)That’s short for “Return On Investment!”) As a direct result of applying her and David’s proven advice! Just saying! 😀

There Are Literally More Money Making Entrepreneurial Ideas Than You And I Can Ever Possibly Take Full Advantage Of!

Back to the subject at hand! As promised in part one, (another) extremely creative, non conventional way, some extremely savvy entrepreneurs were able to cash in, (big time) from being in the information business, (without) initially having any physical information products of their own, and without being a successful affiliate marketer.

Remember, as their (both) local and national offline speaking opportunities, not only begin to increase, and become more and more lucrative on the initial front end, this literally opens the door to some potentially profitable, long term marketing possibilities.

Successful Entrepreneurs See the Long Term Opportunities Behind The Other Long Term Opportunities!

Case in point; one of the main marketing tactics, they consistently profit from.They poll their audiences and ask them to name their number one biggest challenge, that way they know which subjects to create future content, and information products and services about!

And the other strategy they routinely use is, they “raffle” off one of their $,5000 dollar a year, (highly intense), one on one coaching programs.

(Important note:Remember to focus on the overall marketing concepts here entrepreneur, not the specific numbers!)

And it only cost each entry a one time fee of $1,000 dollars, (or 20%) in order to enter the raffle.

The Road To Successful Entrepreneurship Is Paved With Marketing Possibilities! (Don’t You Agree?)

However, if they’re not currently one of the speakers active opt in email/text message subscribers, then their one time “raffle” entry fee is $2,500 dollars, or half of the annual cost!

Hey, they’re still saving 50%, but why not take advantage of the additional savings, by joining the speakers list, correct?

And here’s where they potentially cash in again!They mentor/coach other up and coming speakers and sell them a coaching package, where them teach them several of their more advanced marketing strategies, for successfully monetizing their speaking engagements, even though they haven’t actually created their very own information products or services yet!

Are You Starting To Notice How Some rally Successful Entrepreneurs Create Opportunity!

So hopefully you can see and, you’re really starting to better appreciate, in this two part series, “how” some extremely savvy entrepreneurs, can and do, consistently cash in big time, in the information business, even though they may not initially, have any information products or services of their own! And how you definitely can too! Don’t you agree?

Now as is customary during this part of our show.

Please share your extremely valuable comments (in the comments section below) that you can

apply to your business, product or service in the next 30 days or less!

As always, if you got any value out of this post, please Google Plus or tweet this.Thanks!

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