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Diminishing Returns of High Quality?

by Toniy
16 replies
Hey guys...

I decided that I'd love to get into product creation and I feel (as I'm sure many others do) that I have some unique, original, from personal experience information to write about, all related to personal development and a happy life, put simply :-)

However, the time it would take to write these / this book would take me a long time... and it would be more of a personal passion...

So my question is... is it worth it, as a serious, viable, money-making option?

Thanks in advance,

Adam
#diminishing #high #quality #returns
  • Profile picture of the author catchingeye
    Yes you can make money with this type of product but only if it works for others. I have been doing this for 6 years now (in addition with managing my company) & have lot of experience & wont mind sharing with you for your success.

    Wish you all the very best.

    Regards.

    Originally Posted by Toniy View Post

    Hey guys...

    I decided that I'd love to get into product creation and I feel (as I'm sure many others do) that I have some unique, original, from personal experience information to write about, all related to personal development and a happy life, put simply :-)

    However, the time it would take to write these / this book would take me a long time... and it would be more of a personal passion...

    So my question is... is it worth it, as a serious, viable, money-making option?

    Thanks in advance,

    Adam
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  • Profile picture of the author jasonmorgan
    Are you looking for book store quality or ebook PLR quality? There is a difference and most of the products, ebooks and PLR I've seen are somewhere around high school quality, not Simon & Schuster.

    Of course, most ebooks and PLR aren't meant to be great quality, they are meant to get an email or contain enough quality to merit a $7 price tag.

    If you are passionate about writing a book, forget about IM and write the book. The internet will still be here if you can't find a more suitable publisher.
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    • Profile picture of the author deertrail
      Why not write a short manifesto or report first to gauge interest? See if it's popular first before you invest the time and effort in a full-scale book.

      Here are some bloggers that are on the same "high quality" path you speak of:

      Chris Guillebeau | The Art of Non-Conformity
      Becoming Minimalist
      Simple Mom – Life hacks for home managers.
      breathe. | zen habits

      -Bryan
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      • Profile picture of the author Toniy
        Originally Posted by deertrail View Post

        Why not write a short manifesto or report first to gauge interest? See if it's popular first before you invest the time and effort in a full-scale book.

        Here are some bloggers that are on the same "high quality" path you speak of:

        Chris Guillebeau | The Art of Non-Conformity
        Becoming Minimalist
        Simple Mom - Life hacks for home managers.
        breathe. | zen habits

        -Bryan
        See this is actually something I thought would be worth considering... I heard a lot of stories and snippets of advice saying 'don't go nuts creating a product nobody wants'...

        The thing is, I know that the market is there for what I want to create... the only question is, is there too much competition?

        From my opinion though, I haven't come across anything like this so far... at least not in as much detail as I plan to go into...

        Also, since I'm still really learning the broad strokes... what do you mean by manifesto or report?

        I guess what I'm actually asking is 'what would you actually include?'

        Thanks buddy :-)
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        • Profile picture of the author deertrail
          Check out the free report in this post by Chris G. Great read on how he became a full time blogger and how he launched the whole thing with a manifesto on his blog.

          The Art of Non-Conformity » 279 Days to Overnight Success

          -Bryan


          Originally Posted by Toniy View Post

          See this is actually something I thought would be worth considering... I heard a lot of stories and snippets of advice saying 'don't go nuts creating a product nobody wants'...

          The thing is, I know that the market is there for what I want to create... the only question is, is there too much competition?

          From my opinion though, I haven't come across anything like this so far... at least not in as much detail as I plan to go into...

          Also, since I'm still really learning the broad strokes... what do you mean by manifesto or report?

          I guess what I'm actually asking is 'what would you actually include?'

          Thanks buddy :-)
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    • Profile picture of the author Toniy
      Originally Posted by jasonmorgan View Post

      Are you looking for book store quality or ebook PLR quality? There is a difference and most of the products, ebooks and PLR I've seen are somewhere around high school quality, not Simon & Schuster.

      Of course, most ebooks and PLR aren't meant to be great quality, they are meant to get an email or contain enough quality to merit a $7 price tag.

      If you are passionate about writing a book, forget about IM and write the book. The internet will still be here if you can't find a more suitable publisher.
      Wow.... something about that, I think, just woke me up.

      I want to be a writer... always have. I just always saw it as unattainable I guess... or if I published something, it would have to be a masterpiece... although there are always 'new editions' being published...

      Guess it's a fear of dreaming the greatest dream, huh? Easier to protect a dream in your mind that can live on as fantasy forever, than try it and potentially be let down.

      But... I won't be let down :-)

      Scary prospect though

      I totally want to swear right now in excitement, but I haven't seen a lot of that kind of talk on here so far, so I best leave it :-)

      Thanks though man...
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  • Profile picture of the author ktmakwana
    Originally Posted by Toniy View Post

    Hey guys...

    I decided that I'd love to get into product creation and I feel (as I'm sure many others do) that I have some unique, original, from personal experience information to write about, all related to personal development and a happy life, put simply :-)

    However, the time it would take to write these / this book would take me a long time... and it would be more of a personal passion...

    So my question is... is it worth it, as a serious, viable, money-making option?

    Thanks in advance,

    Adam
    I know of least one internet marketer who have written several books and got them published on Amazon.com and making money.

    However, it is a long term strategy to make money.

    Perhaps the most important thing to consider before you embark down this route would be to write a book about Evergreen topic whereby the content would be relevant now as well for the future.
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    • Profile picture of the author Devid Farah
      I agree with those who say you should gauge interest in your topic/writing style first - the internet is a great place for that. Once you can find people who will follow you from the beginning (because they like your initial work), these can be your first customers when the book comes out!
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      • Profile picture of the author Toniy
        Originally Posted by Devid Farah View Post

        I agree with those who say you should gauge interest in your topic/writing style first - the internet is a great place for that. Once you can find people who will follow you from the beginning (because they like your initial work), these can be your first customers when the book comes out!
        So do I to be honest... it can't hurt can it?

        I'm confident that it will be well received... and the number of conversations I've had with people along the lines of my chosen subject matter(s) have been well received... and as for my writing style, I basically used to 'blog' during my internship... although this was really more a series of daily emails sent to the other 50 interns on a variety of topics, but it DID garner me a sort of mini-celebrity amongst the company. For better or worse :-p

        But I do like that idea... cheers :-)
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        • Profile picture of the author Daniel Brock
          All I know is it REALLY sucks to spend a lot of time on something only to find out no one wants it...

          The very first product I made I spent like 6 months working on - only was able to sell $7,500 worth of it until I realized it was a dud.

          you should first figure out a way to make a 'light' version of the product at a lower price, then sell it and see if anyone wants it. Then sell the more advanced version broken up as upsells.

          Best way to approach it IMO

          Dan
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          • Profile picture of the author Toniy
            Originally Posted by Daniel Brock View Post

            All I know is it REALLY sucks to spend a lot of time on something only to find out no one wants it...

            The very first product I made I spent like 6 months working on - only was able to sell $7,500 worth of it until I realized it was a dud.

            you should first figure out a way to make a 'light' version of the product at a lower price, then sell it and see if anyone wants it. Then sell the more advanced version broken up as upsells.

            Best way to approach it IMO

            Dan
            Alright Dan, cheers for that... and yes, although $7,500 seems like plenty to me right now... I guess for 6 months work, it's not a great deal for something you bled for (assuming you bled :-p)

            The way I'm seeing it now... I feel I should start the blog, and IM to get traffic and readers and subscribers... then I could publish a 'section' of my complete book as it's own standalone product... and repeat this process with the other sections (I have four in all).

            My end goal would be to publish all four sections in a complete tome as a tangible product that you'd see on Amazon or in bookstores.

            But it does seem prudent, in order to make some good money long term, to take each part step by step... here's a question I have though:

            How much content do you give each step of the way?

            Say I have 4 sections... 4 different area of interest...

            So on the blog I'd publish articles for one of these areas...

            Then I'd announce a product, ebook, for the section... but how much additional content should there be that isn't in the articles already?

            And if I repeat this for all four sections and want to publish the hard copy in the real world (;-p)... how much additional content should there be in there? (as opposed to basically just cut/pasting the four sections into one document...)

            I feel as though I'd want the hard copy to contain information that just isn't on the site, in any of the articles, at least not in depth... but I guess depth is the key... Like I'm planning on writing 150-300 pages all in all... so for roughly 500 words a page and 300 or so words an article... In order to write the entire book as articles, I'd have to write anywhere between 250 and 500 articles :-D

            I have a great deal of faith in this being viable for me... without doing actual research yet (as this is just for the second hypothetical) it's an evergreen subject... it's a popular niche, but as a microniche, not so well explored (obviously this IS something I'd look into more, but I've been immersed in the subject for a while and haven't seen anything like it).

            Any thoughts ladies and gents? :-D

            p.s. I still want to swear from excitement :-P
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    • Profile picture of the author Toniy
      Originally Posted by ktmakwana View Post

      I know of least one internet marketer who have written several books and got them published on Amazon.com and making money.

      However, it is a long term strategy to make money.

      Perhaps the most important thing to consider before you embark down this route would be to write a book about Evergreen topic whereby the content would be relevant now as well for the future.
      I think what I have to write about is something that is considered Evergreen... at least for as long as the human condition exists today :-)

      As I've mentioned before (perhaps in another thread) I have a job to tie me over, but I would like to spend my time how I choose... so I'm not sure how to prioritise... make the project take up most of my free time, or an internet marketing plan, to then leave the job to have even MORE free time...

      Actually I like the sound of the second one :-)
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