How to create value from the thin air.

8 replies
Many people do not understand that wealth and resources are not taken away or dug out from the ground, most of the wealth can be created from the this air, one of my favorite examples is Intel, Interl makes micro circuits and semi conductors that are worth their weight in gold (this is quite literal) out of sand, other very good example is software, every body that has created software has created value from the scratch, arranging 1's and 0's in a way that solves a problem.


Today I want to share 7 strategies you can implement and create wealth for your self that most of the people have never explained to you:


1.- Create A Training Series: In the head of every person of every company there are thousands of answers to common questions around that people will be happy to pay for, one of my first gigs as a consultant when I arrived to Canada was creating a "Business Analyst Training Program", back in Mexico I was a business consultant and I realize that many people was looking for this
kind of training in Craigslists, what did was, that I recorded a set of videos explaining the basics, after I sold them, many people still contact me and I start training sessions during weekends.


2.- Licensing something you have to another company: I will just stick to the above example, after I started training some people I sold the system to some co workers who already have a training school.


3.- Create Joint Ventures: If you are "only" a consultant, but have contacts with "real businesses", you can license your know-how to others and keep some of the money on your pockets, do not be afraid to do some leg work, the easier you make to earn money for others, the less resistance you will find.


4.- Customer Re-activation: A friend of a friend is a retired massage therapist, every time he needs money for his trips, what he does is goes to a local dentist office, takes his old customer files and send them a piece of snail-mail in order to bring some people back, he takes 100% of their first visit. Re activate old customers can be very profitable, whether you do it for yourself or for others.


5.- Re focusing or sub focus: You know the Rich dad, Poor dad book series? well now there are Rich Dad, Poor Dad for teenagers, Rich Dad, Poor Dad for women, etc.... the list is endless. You can do this too with your products or services, just look around and identify that other "little" problems are around, Do you have many senior prospects? create a special service for them, Do you have many prospects in May? create the "May special sale"


6.- Start selling leads: One of my first Internet marketing ventures was writing a book about how to migrate to Canada, after a while I realize that the people that bought my book was looking for some type of consultancy as well, so I went out figure out how much the Immigration Lawyers where willing to pay for the leads and start selling the leads to them.


7.- Knock your self Off: I buy a lot of traffic via PPC and Direct marketing, I have several ads on the first position, second and third , as well as many ads on the same magazine!!!, some ads put emphasis on some attributes other ads highlight other benefits!!, if you dont do it your competitors will. There is a lot of wealth to be created just right under your nose, all you need sometimes is somebody to help you to put the pieces together.


To your wealth and Success.
#air #create #thin
  • Profile picture of the author manny2513
    wow patadeperro let me say something. Thar read estuvo perrona! Thanks for the usefull information
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  • Profile picture of the author Kevin AKA Hubcap
    Just to add to number 7... you can also create a "competing" company which sells similar products but may emphasize different features/benefits.

    This is done quite successfully in many industries. For instance Old Navy is owned by Gap. They both have "their" customers but at the end of the day the money all goes to the same parent.

    There's no reason why one couldn't do something similar.

    Kevin


    Originally Posted by patadeperro View Post

    7.- Knock your self Off: I buy a lot of traffic via PPC and Direct marketing, I have several ads on the first position, second and third , as well as many ads on the same magazine!!!, some ads put emphasis on some attributes other ads highlight other benefits!!, if you dont do it your competitors will. There is a lot of wealth to be created just right under your nose, all you need sometimes is somebody to help you to put the pieces together.
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  • Profile picture of the author Michael Bucker
    Just a quick comment on number 1. A training series as you have found create for any one person a fan base with a mind set that you are an expert in your field. Along with that image comes questions that create another money making opportunity. Creating a training series for anyone capable, simply creates a mound of new opporunities ending in validity much needed in a market place that lacks it.
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  • Profile picture of the author hara
    Truly a great information you shared on newbie like me, would greatly consider. Thanks a lot!
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  • Profile picture of the author bwh1
    Great post, and so true

    I have a business partner which did #1 and gave the training away for free, hoping to make some Affiliate commissions for relevant products.

    He came to me asking for help, so we turned his free training into a paid course (it actually was that good we didn't need to change anything).

    Today, we make a few hundreds A DAY after a few month on Clickbank.

    Now we try to scale it, what's a bit a problem but we will figure how to do this for adding value to the funnel and adding new clients.

    G.
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  • Profile picture of the author danielkanuck
    Great tips dude. My fav is number 7 on your list.
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    • Profile picture of the author patadeperro
      Originally Posted by manny2513 View Post

      wow patadeperro let me say something. Thar read estuvo perrona! Thanks for the usefull information
      Muchas gracias, thanks lot, happy to hear you enjoy it

      Originally Posted by Kevin AKA Hubcap View Post

      Just to add to number 7... you can also create a "competing" company which sells similar products but may emphasize different features/benefits.

      This is done quite successfully in many industries. For instance Old Navy is owned by Gap. They both have "their" customers but at the end of the day the money all goes to the same parent.

      There's no reason why one couldn't do something similar.

      Kevin
      Excelent point Kevin, nevertheless many people need just to start with their own products or services, because starting another company may sound scary for some, but great point nonetheless.

      Originally Posted by bwh1 View Post

      Great post, and so true

      I have a business partner which did #1 and gave the training away for free, hoping to make some Affiliate commissions for relevant products.

      He came to me asking for help, so we turned his free training into a paid course (it actually was that good we didn't need to change anything).

      Today, we make a few hundreds A DAY after a few month on Clickbank.

      Now we try to scale it, what's a bit a problem but we will figure how to do this for adding value to the funnel and adding new clients.

      G.
      Awesome to hear you have done it as well
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  • Profile picture of the author Wisdom Raphael
    Thanks for the information. I found this very helpful.

    Thanks again
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