Archive for February, 2010

I was too late ….

Help Desk | February 26, 2010 in Announcements, Building an eBiz | Comments (3)

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Oh darn,  I didn’t catch my post on Wednesday … :sad:

You see, I didn’t actually want to post it. Why? Because on Wednesday I published a blog post on a different blog! :lol:

Yup … go to OurLittleBooks.com and check out my .  

We’ve made arrangements with a publisher (Our Little Books) and a marketer to share posts. So over the next couple of months you’ll see articles on publishing and on marketing your book appear in this column. And you’ll see articles on why you need to ” books and ” books (and other non-fiction) appear in their columns.

All for you, to help you become a better entrepreneur.

(For those of you looking forward to my series … we return to the regularly scheduled series on Monday … check back and enjoy!)

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Set up your office to write “how to” books! #3

Help Desk | February 24, 2010 in Building an eBiz, Creating Information Products, Write a "how to" book | Comments (5)

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In the last post I talked about the most important item in your . This post will be about the second most important item. And just as in the last post it is a key to your future comfort.

The second most important item in your is the computer monitor.

While your monitor won’t cause physical problems like your chair could. It can cause headaches and other issues which are almost as debilitating.  Fortunately, the cost for even a great monitor is much lower than that of the chair.

The key again is to chose the monitor that is best for your needs.

One way to choose is to select the largest LCD monitor you can afford, then buy one size down from that. Why? Because even with there is a loss of sharpness as the screen size increases.

However, a much better method is to view various monitors from the same position and the same angle (and under the same lighting conditions) as you will have in your . Then select the one that is the sharpest and easiest on the eyes.

In any case, you want to select an LCD monitor which is sharp at the distance you will be reading it.  And you want the monitor which makes reading the easiest.

Again, you’ll be spending 4 hours a day (at least) looking at this monitor. Your eyes will thank you if you pick the right monitor.

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Set up your office to write “how to” books! #2

Help Desk | February 22, 2010 in Building an eBiz, Creating Information Products, Write a "how to" book | Comments (1)

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So last time, I said that we would talk about the most important item in your .

Now I could be silly and say that’s you.

Well, not so silly because it’s true you are the most important item in your . In fact, you are so important to your that it has to take its direction from your lead. After all it exists to make your job simpler.

However, I’m actually talking about the reason I haven’t been able to for the last week.

The chair. Yup the lowly chair. You wouldn’t think that a place to plunk your a** would be that important. But it is.

The chair is the most important element in your as far as is concerned. After all you are going to be spending 4 hours a day in that chair while you your book. Maybe more if you chose to for the rest of the day. Even taking into account the for 3/4 hr and then change for 1/4 hour pattern which occupational therapists recommend, you will be spending a great deal of time in your chair.

So when setting up your don’t stint on your chair. Simply put you want the best chair you can afford. The chair needs to be ergonomic (of course) and adjustable. But it also needs to be comfortable and fit you.

Even though chairs are adjustable they still have a range of people that they fit. And one chair may just feel better than another. So when you pick your chair don’t shop over the internet. You must try the chair. Try the adjustments. Check the padding.  And to do that you need to physically sit in the chair and pick the one that suits you best. Then once you’ve picked the chair, if you want to shop online — go ahead.

But be prepared, a good chair will cost. They aren’t cheap. But your back (and your book) will never forgive you if you buy anything less than the best!

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Sorry Folks!

Help Desk | February 19, 2010 in Announcements, Building an eBiz | Comments (4)

S**t happens… turns out my back is so bad that 4 days of writing has ended in the round filing cabinet.

No post today … check back on Monday. Hopefully better able to then.

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Set up your office to write “how to” books!

Help Desk | February 17, 2010 in Building an eBiz, Creating Information Products, Write a "how to" book | Comments (0)

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Oh what the hey … I’m in PAIN!!!!!! :cry:

You see I’ve been working so hard and so long lately that my poor back is killing me!

And that lead me to a new series on up your to a book.

You see, one of the things that people forget when they are about to a book is that they need to have a place to .  The same thing goes for in general.

So I’m going to share my experiences over the next two weeks or so on different issues related to the physical act of writing books.

However, I want to be clear right off the top that these are my experiences. Every one of us is different and you really need to think about your choices and why you are making them. So feel free to comment and disagree.

(BTW … I’ll be interrupting this series for a special announcement … so keep checking in even if you aren’t interested in setting up your ).

So what am I going to about:

  1. The most important item in your
  2. The second most important item in your
  3. Where do you need to be?
  4. Paper, Paper everywhere … not any more.
  5. Sunshine came softly over my today …

Sorry folks, I think I need to go take another back pain pill … :roll:

As always, if there is something special you want me to include just ASK!

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On the importance of family ….

Help Desk | February 15, 2010 in Announcements, Building an eBiz | Comments (0)

My familyToday is Family Day here in Ontario (actually it’s Valentines and this better be short or I’m dead meat).

It’s a day to spend with your family and close friends and celebrate the importance of being close. Which is appropriate given that yesterday (uhh, today) is Valentine’s – a day for celebrating love and the one closest to you.

So today (uh, yesterday – Valentine’s this is getting confusing  :roll: ) I’m going to spend with my family … so I apologize in advance if there’s no post today (Family Day)

My Son and I

My Son and I

and if the posts for the rest of the week are short and weak.

So stop reading – go spend your time with the important people in your life – go stop surfing NOW. :-D

After all that’s really why you’re doing this here business thang, isn’t it? :lol:

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Why You NEED A System To Write How To Book or other Non-Fiction Books

Help Desk | February 12, 2010 in Write a "how to" book | Comments (5)

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Sorry about the title … somehow I’ve messed up my SEO so I need to fix it :oops:   So I apologize if the following blog entry uses some pretty iffy grammar and spelling! :cry: The good news is that I’m still not going to anything whether book or blog entry or without providing you some useful information! So there mighty Gods of !

Anyway,  a question that often comes up is “Why do I NEED a system in order to a or non-? After all, I articles and blog pieces all the time.”

Having to a non-fiction blog entry is entirely different from having to a book.  With a blog entry, my own excepted, it isn’t usually necessary to spend a lot of time organizing one’s thoughts. After all, in 200-400 words you really can’t a great deal of how-to information. Just knowing what you want to say in general terms is good enough to fill in 2 to 4 paragraphs. After all, you only need an opening, 2 to 3 points you want to make and a closing. And boom, you’ve got 400 words with just a little bit of writing. For 200 words you only need one point!

Not so when you a how-to book!

To a small book (such as a non-fiction eBook), you need roughly 60 pages or 15,000 words. That’s roughly, 150 paragraphs to a non-.

That’s at least 150 points that you need to make in order to a small book. And given that we have a cognitive limit of 5 to 9 that makes the chance of organizing the points to a non- entirely in our heads highly unlikely. Like no chance!

Secondly, to a book is a long task (even our system doesn’t change that) and whenever you are doing a long task it makes sense to break it into controllable chunks. Why? Because then you can look for ways to improve it, and manage it, and understand it.  And most importantly, so you don’t waste any time when you your book.

And any system you choose to a book should have these features in order to give you the benefits. A system to a non- should

  • help you to organize writing your book before putting words to paper.
  • help you to your non- quickly without wasting time going off into unprofitable directions.

After all if a system can’t do it’s basic functions it isn’t a very good system!

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Creating Information Products But Which One? Part 8 – Deciding

Help Desk | February 10, 2010 in Creating Information Products | Comments (6)

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When I started writing this series I didn’t expect it to go to 8 blog articles! I guess that’ll teach me.

Today is the final entry in this series.

So let’s do a quick review of what was discussed:

  1. Introduced the topic and the questions
  2. What types of information products can you get
  3. Some Techniques for creating information products
  4. Cost of creating products
  5. Building a reputation (value in terms of reputation)
  6. Training value
  7. Dollar value (selling price)

And today we’ll bring it all together to make a decision.

If you remember back to the introduction (personally I looked it up  :lol: ) … I said that there are 6 questions you need to answer when deciding what form your needs to take:

  1. What forms am I capable of doing?
  2. What forms am I most comfortable with?
  3. How much will this content cost (in time or money)?
  4. Can I create multiple forms from one?
  5. How important is this to my ?
  6. How much will customers pay for (value) this form

So how do we start the decision ….

I suggest that you begin with the first two questions … Capability and comfort. To use a real life example, my partner Paul and I were initially intending that TrainingNOW was to be a company for live and consulting. However, Paul’s became much worse over the period we were creating the company and it’s assets. As a result we no longer do live . And our consulting has been transferred to LearningCreators.ca primarily as internet facilitated and to LearningCreators.com as eLearning/Train the trainer. Although I do a little live consulting for our concentration is now elearning and remote consulting.

As for video, again Paul’s has limited him to doing webinars and similar types of voice over (audio) presentations (at least that’s his claim  :twisted: ).

One of the things I’ve learned through this experiment in internet marketing is that live and video are completely different. I’m quite comfortable doing live presentations. I’m used to doing them. I like doing them. Video, on the other hand, has proven to be a pain in the pitootie … a camera just doesn’t give you the energy back that a real audience  does. And somehow I become hyper-aware of every mistake.

In short, like anything, it takes practice to appear either live or in front of a camera or in voice over. And the practice in one doesn’t help with the others. (This is in addition to the practice for the presentation itself).

You may find that you are not comfortable creating certain types of information products. While practice will improve comfort levels there is a limit.

So both your ability and your comfort may remove certain formats from the list of options.

The next question is how important to your is this . Sometimes, the whole reason for doing an is to build . In this case, all other factors may be irrelevant.

Should this be the case, there is only one choice. A proper, well written, well organized, well edited and professionally published traditional book is required. The best, of course, is to have a traditional publisher publish the book, however, today’s self-published books are a close second. This book should be written as a stand-a-lone product using traditional methods rather than repurposing methods. If you decide to create another format as well, you should treat this as a different decision.

Once you’ve decided that is not a driver then you are able to make a decision based on the mix:

  1. suitability ( value)
  2. cost
  3. price

When making this decision keep in mind the different repurposing options available. You will often find that the best solution is to create all formats from a video. Typically, video is the first format that is dropped because it is the most expensive to do well. However, don’t underestimate that ability of modern camera. A $150 HD camera can produce a product which is amazingly professional as a raw product. And editing is now done using PCs and software which is generally available and often free (check out Jahshaka if you need a full editing program).

Like any other business decision, you want to maximize your profit while keeping your cost within your budget limits.

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Creating Information Products But Which One? Part 7 – Price

Help Desk | February 8, 2010 in Creating Information Products | Comments (2)

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Okay, we’re almost finished.

So far we’ve covered the cost of producing different types of , we’ve covered the value and we’ve covered the value.

Today we’re going to discuss a type of value we as internet marketers like to discuss … money. Bucks, dollars, lira, pounds, pesos … $$$$$$$ (got the pic?)

So how much is a customer willing to pay for a product?

Frankly, that’s a question that has stumped many a marketer. The answer is typically “more than you thought!”. And there are a number of factors involved. Like, how good your sales copy is, did you position your as a system or just  a book, are you targetting the affluent or the rest of us  … and so forth.

However, once you’ve established a price you should get a relative price that looks along these lines (for comparable amounts of information, well presented and professional in appearance):

  1. Live
  2. Video
  3. Written
  4. Audio

So for example (and these numbers are made up but reasonable),  a multi-DVD which has been repurposed into a book and into an audio might sell for:

  1. Live Seminar (1 day) $1500
  2. Video (4 DVDs) $297
  3. Audio (4 CDs)  $97
  4. Book  (200 pgs) $49

Did the relationship surprise you?

It should have … and to be honest it was a bit of a cheat. You see the relationship between live, video and audio is reasonably stable (and in that order). This corresponds to our previous discussion of value in terms of quality.

However, books have an established market. And the price needs to correspond to that price point which your customer has established in their mind. That’s why the ending dollar amount of $7 is not as key. People are used to the $9 ending point.

So if I redo the prices (still being reasonable and still providing the same information) I might get the following:

  1. Live Seminar (2 hrs)  – $250
  2. Video (1 DVD) – $97
  3. Book (60 pages) – $19
  4. Audio (1 CD) – $7

Notice that the relationship between book and audio switch places. Why? Because people expect a book to have a minimum cost which is higher than that of the audio.

Now how much is your worth?

In real terms you’ll need to estimate that based on your knowledge of the market. And don’t forget that some products will be worth more to you without a dollar figure. HUH???????

Remember that even FREE live seminar can sometimes make you more money than one you charge for! So when you are predicting the price for the purposes of determining what formats to use for your information products, don’t forget to figure in giveaways. For example, by providing a FREE live seminar you may get a large, interested and active audience (you might not but that’s another issue). Just perfect for background to create a DVD for you to sell at the back of the room.  In this case, the dollar values are all messed up because you traded dollars today for dollars tomorrow.

Similarly, books are often given out as free samples (e.g. opt-in and bonuses) as are MP3s. Once an audio is given out for free, the physical version (a CD) has little if any value. But of course, building a list is often of far more value than the audio.

Despite the difficulty of identifying a price point, the price is a major component of the decision to create an in one format or another.

We’ve now finished the discussion of the various elements involved in the decision. It’s now time to discuss the decision itself. Which we’ll do in the next web entry.

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Creating Information Products But Which One? Part 6 – Value

Help Desk | February 5, 2010 in Creating Information Products | Comments (5)

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Man this series has turned into a real book all on its own!

So far we’ve covered the cost of creating your ,  and we’ve covered the value of each type of .  The next item in our triumvarate of decision is actually two related items. One which we’ll deal with today and one which we’ll deal with next week.

Today we’ll deal with the real value to the customer … or to be more precise the suitability of the media to the job.

There are two old sayings that matter for today’s discussion.

  • “Tell me and I’ll forget. Show me and I’ll remember today. Let me do it and I’ll remember forever”
  • “I hear what you said.”, “I see what you mean”, “I understand what we did” .

Both of these sayings are correct.

There are three basic learning modes Visual, Verbal, Active. The first two are part of our hardwiring and will change from individual to individual. Most people are visual. They need to see it to understand it. The best way to teach these people is with diagrams.

However, a much lower percentage of people are Verbal. They need words to understand the subject. Frequently, these words need to be on paper in order to be properly understood.

Finally, we all internalize the information when we use it actively.

However, even if we ignore our , as a group, we will learn more when we are shown what to do than if we are told what to do. If we then do it, we will learn and retain the most.

Combine that with the fact that as our participation in the learning process increases our understanding and retention increase.

These latter two points are why our typical breakdown of is lecture, seminar, workshop.

In a lecture, you have a talking head speaking at the audience who sits back and listens. Information is basically one way. This is good for initial and basic information.

In a seminar, questions are asked of the audience and a back and forth exploration of the topic occurs (hopefully). Information is two way, and examination and application is encouraged. This is good for developing understanding around the information.

A workshop consists, usually, of hands on application of the information provided in the lecture and the concepts developed in the seminar. It is in this type of instruction that the greatest learning takes place.

Okay, so what does all that have to do with information products?

Basically, it means that you have two types of people. The first group will learn best by seeing diagrams. They will learn best if they have a chance to see you talking especially if they are shown diagrams. The second group (a much smaller group) learn best by reading. For these people books are ideal. However, all of us learn best by doing. So whatever media is used, practice is a key to learning.

So to put it into context …. the best media for is:

  1. Live workshops
  2. Live
  3. Live speeches (e.g. keynotes) and lectures
  4. Video
  5. Webinars
  6. Books
  7. Audio

Interestingly, Frank Kern posted a blog entry discussing a survey he did on what media people want to be taught in. And his results of what people want is very close to the list above (his survey was simpler than my list).

One of the things we need to do when using one of the non-live techniques is to include some participation. It will increase retention immensely. HOWEVER, in VERY big letters, don’t ask the audience to this down! It sounds made up and chinzy. Better to say something along the line of “Get out your pen and notepad, ’cause you’ll be getting lots of information and will want to make notes as we go.” No pressure, no phoney fill out this form because I think it will make you stay awake. Having said that, a better technique is to ask the audience to stop the video for a moment and answer a question. Questions such as “What will this get you?” and “How could you use this?” are good for this.

When you design your learning content then the best format for the will fall out. Keep in mind however, that there is nothing stopping you from repurposing the to create other products either to include with the original or to be sold (usually as a downgrade to the original) or given away as a bonus.

Next up, we’ll talk about the value the customer assigns to the media.

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