Informational Products cliche, is it true?

2 replies
I always heard growing up that the people who sell money making products make more money from the sale of the product than they ever did with the system they are selling. Is this true?

Here's a ferinstance.

A young man interns at Berkshire Hathaway and ends up being Warren Buffet's personal coffee fetcher. He pays attention and learns how Buffett analyzes company stock.

He finishes his internship but thanks to the economy has to work a minimum wage job. He pays himself first but still has very little to invest. He uses what he learned to invest wisely, and documents every step he takes in buying stock.

Within a year he has created $500,000 in net assets and an annual dividend payment far beyond his wages from his job. He turns his documentation into a program that he sells. The information is so good that anyone, from practically any walk of life, who follows this blueprint to investing will get ridiculously wealthy.

Is the sale of this system, which is excellent, going to surpass his incredible earnings from the system itself?

Rest assured this is hypothetical, my internship was at an oldies radio station in Minnesota, running the soundboards for NASCAR races.
#cliche #informational #products #true
  • Profile picture of the author sal64
    All depends on...

    marketing

    pricing

    Originally Posted by bigredrassler View Post

    I always heard growing up that the people who sell money making products make more money from the sale of the product than they ever did with the system they are selling. Is this true?

    Here's a ferinstance.

    A young man interns at Berkshire Hathaway and ends up being Warren Buffet's personal coffee fetcher. He pays attention and learns how Buffett analyzes company stock.

    He finishes his internship but thanks to the economy has to work a minimum wage job. He pays himself first but still has very little to invest. He uses what he learned to invest wisely, and documents every step he takes in buying stock.

    Within a year he has created $500,000 in net assets and an annual dividend payment far beyond his wages from his job. He turns his documentation into a program that he sells. The information is so good that anyone, from practically any walk of life, who follows this blueprint to investing will get ridiculously wealthy.

    Is the sale of this system, which is excellent, going to surpass his incredible earnings from the system itself?

    Rest assured this is hypothetical, my internship was at an oldies radio station in Minnesota, running the soundboards for NASCAR races.
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    • Profile picture of the author Devid Farah
      Depends on how well you market your offerings.

      Perhaps you have heard the saying - "a competent salesman can sell ice even to those living in igloos".

      I have seen many average products take off just because of great marketing brains behind them.

      But a note of caution - your product should have its own merits or after the initial frenzy dies down, you won't be able to sell it despite the marketing gimmicks.
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