Thread: Feeling the itch again...

If its an informational product just start working on it on the side. Once the book/vidoe is done then make your decision on how much time you want to devote to the marketing and selling of the product.

I dont have any experience with info products but I know several who have written books in their free time and made it work.

There is no reason why you can't make your own hybrid version of both. Both MJ and Tim have awesome views on business and what better than to do both?

You have one business that is profitable, you're ahead of about 98% of people on this forum. Congrats! Now go for the next idea and take your profits and freedom further.


All the best,

Cory

ntapia, are you thinking about stopping the business you have started already and switching to this one?

If so I would think about a few things such as.

1. How much money you have spent on the business already.

2. How much more time you would need to put into the current business.

3. How much more money you need to put into the current business.

Originally Posted by PatrickP

ntapia, are you thinking about stopping the business you have started already and switching to this one?

If so I would think about a few things such as.

1. How much money you have spent on the business already.

2. How much more time you would need to put into the current business.

3. How much more money you need to put into the current business.

The problem with my current business (natural cosmetics) is that it isn't necessarily "fastlane" as it is currently structured. My sales are growing, but as they grow, the amount of time I have to dedicate to the business grows, too. It is beginning to feel like a job (ah!!!). I can't really justify spending the cash to reorganize the "system" right now.

This new idea is going to take a TON of time to develop and launch (I have planned out a really tight schedule to have my first info product ready in 6-8 weeks). But, once it's done, I really don't have to do anything. As far as money, I'm thinking a grand total of about $15.

If my new idea works out as well as I think (read: hope) it will, then I can dedicate the money that my cosmetics business really needs to become a real Fastlane business.

Thanks for taking the time to respond to my thread and listening to my rambling ... I really appreciate the input!

They Ntapia,

Thank you for the detailed answers. For me personally, I definitely see why you are reconsidering.

Would it be possible for you to continue on with the cosmetics but not put a ton of time into it, while you start the new one?

For me with the info I see I would opt for starting the second one as you have described it. Seems more potential, less costs etc.

I would love it if you could keep us updated on what you do and how things go either way.