Huh? That heading doesn’t make sense … or does it? 
I posted this in the forum yesterday, and I think it’s good to post here in the private posts area as part of what I recommend as essential reading:
Do you get half baked ideas for products (whether software or eBooks) in your head occasionally?
Do you think, if only I had the time, I’d do that and make a killing?
Do you just wish you had the ability to write a small or medium sized report, but are terrified at the thought?
Here’s a tip I’m going to take myself, because I’ve known for a long time (well, maybe since I decided to take action and write “5 Bucks a Day”) that having your own product(s) is the key to those 1K days and long lasting income streams.
This thought came to mind the other day when JD and Courtney asked me to write a 2500+ word report for their joint JV project.
It took an entire day. First I wrote down a list of headings for possible reports I could write. Then I picked one to work on. I wrote all day, did a word count. Not enough. So I wrote some more. Then I edited, and by the end of the day I had a 2800 word report that I was happy with.
Whether or not you feel comfortable doing that now or not doesn’t matter, at least not with where I’m going with this post.
What matters is having a list of reports that you would like to create. You never know when you’ll have an opportunity to turn one of those ideas into a product.
Just the other day, for example, there was a WSO offered by a well known and well respected ghost writer. She was offering to write a report for a reduced price below what she usually charges. It was a situation where I think she was taking the first 4 or 5 jobs and that was it.
I really wanted to take advantage of the situation, but I didn’t have a topic ready off the top of my head, and I was busy doing something else, so I said to myself that I’d finish what I was doing, figure out a topic, and then see if the WSO was still available.
An hour later the WSO was closed.
Now, to date, I’ve never had anything Internet Marketing related ghostwritten for me. I have had some article packs done for me, though, and the results have been so-so.
If I were to have something ghost written for publication in a field that I’m known in (IM specifically), the way I’d do it is to pick a topic, figure out a suggested table of contents, have the writer research and write for me, and then I’d rewrite it into my own words, so it would sound like my style.
With that approach, someone could start pumping out products at a fairly substantial rate, couldn’t they?
Whether you’d want to rewrite the eBook or report is up to you. If you’re not as comfortable with writing as I am, you might just leave well enough alone, but the point is, if given the opportunity to invest in a product …
Are you ready?
If someone said to you, I’ll write an eBook for you for $400 or $500, and you knew you had a hungry market that would purchase an eBook about a specific topic, could you, within 30 minutes, turn over the specifications to the ghostwriter?
Ideas for eBooks can be as simple as finding something on Clickbank that’s a best seller and that you know something about, purchasing it, figuring out where it’s lacking, and having someone (if not yourself) write a competitive product.
I didn’t say copy an existing book. I said write a better one.
Or, there are plenty of other ways to get ideas for full eBooks or smaller reports.
There are plenty of writers that would write for you. There are even some on here. Some are more expensive than others.
For example, I saw a WSO a couple months ago from Tiffany Dow, she was offering to write eBooks for $1100, I think it was, for around 50 pages if I remember correctly. I thought that was a bit high, but she sold out all her slots, I think 10 of them, though I might be wrong. She has a great reputation, she’s written some really good eBooks under her own name, and I’m sure she’s worth every penny.
So, don’t necessarily try to bottom feed by going to elance with your ideas and taking the lowest bid. If Tiffany would write you a book for $1100 and someone from another country would bid on the same book for $175, well, you would probably notice the difference.
Where am I going with this? I don’t know. Mainly I’m encouraging you to always have a couple “more than half baked” ideas for products on your project list at all times. You never know when you’ll have the opportunity to pay someone to do them for you.
After all, if you wait to do them yourself, it might never get done. And if it does, what you could have paid $500 or $1100 for might take you 200 hours to do. You do want to make more than minimum wage, don’t you?
Food for thought.
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