{"id":3720,"date":"2008-08-25T10:28:41","date_gmt":"2008-08-25T15:28:41","guid":{"rendered":"http:\/\/magic1host.com\/blog\/2008\/08\/25\/your-money-maker-turning-into-a-profit-empire\/"},"modified":"2008-08-25T10:28:41","modified_gmt":"2008-08-25T15:28:41","slug":"your-money-maker-turning-into-a-profit-empire","status":"publish","type":"post","link":"https:\/\/magic1host.com\/blog\/?p=3720","title":{"rendered":"Your Money Maker Turning Into a Profit Empire"},"content":{"rendered":"
by Stu McLaren<\/div>\n

In this article I want to talk<\/a> to you about is the difference between a money maker and a profit empire. The best way for me to do this is to give you real life examples both from myself as well as others.<\/p>\n

Armand Morin is a great person to start with. Not only is he a brilliant information marketer, but what he is famous for is his company Generator Software. There are a wide range of useful products that are included under his one company.<\/p>\n

E-book Generator was Armand Morin’s money maker. If he didn’t create anymore Generator products, and stopped after E-book Generator, that would have been his money maker.<\/p>\n

Each day E-book Generator brings people to the website to purchase and increases sales for Armand, creating a constant cash flow. Now that, is a money maker.<\/p>\n

Instead of sticking with his money maker, Armand took it to the next level. He starting spinning off ideas from the Generator idea and starting to create multiple products to being his profit empire.<\/p>\n

E-book Generator, E-cover Generator, Sales Letter Generator, Opt-In Generator, Audio Generator, Instant Video Generator, Directory Generator are just some of the Generator products that have been developed. He now has tons of products.<\/p>\n

Compared with other people, Armand did not stop with the money maker. He allowed his ideas to flow and began thinking about other products that could be incorporated into the Generator concept.<\/p>\n

In fact, I had a great conversation with him awhile ago, and we were talking about this. He said when he comes up with a new product idea, he does not launch it until he has developed three or four complimentary products that go along with the initial idea.<\/p>\n

Instead of using that one initial idea, by combing it with similar products they can get a higher price point. This is building a profit empire, rather than a money maker.<\/p>\n

Instead of looking for one idea they are looking for three or four so that they can package them altogether at one.<\/p>\n

That’s what I want to recommend you do when you’re looking to generate new ideas, or new products, or new services for your business because most information marketers, they stop short once they have a good idea for something.<\/p>\n

Another good example of that is my time that I’ve had working with John Childers. He teaches speakers how to sell from the front of the room. In that, they need a product to sell. So he also covers how to create all kinds of products.<\/p>\n

Normally, students will create one package, and then they’ll focus on only selling that one package. But the true, high-level marketer knows that every single effort you should be asking yourself, “How could I turn this into another product?”<\/p>\n

Recently when I was a best man in a wedding I put this principle, that John Childers taught me, into practice.<\/p>\n

It seems to be that I’m at the age that all my friends are starting to get married. I knew nothing about being a best man as I had never been one before, so this role was something completely new to me.<\/p>\n

Being an information marketer, I obviously hopped online to find out what I was supposed to do as a best man.<\/p>\n

I had to piece together information from all kinds of various websites. It took me forever. I probably spent – I’m not kidding – five to six hours researching how to be a best man. I didn’t want to fail my good friend. I wanted to be the best, best man that I could be.<\/p>\n

So I was online researching and trying to find out all the tips and strategies of being a good best man.<\/p>\n

Instead of just reading all the information, do you know what I did along the way? I wrote down every single piece of information and compiled enough information to make a new product. “Ideas for the Best Man” will be launched soon – all stemming from me thinking “How could I turn this into another product?” while doing something that took a bit of effort.<\/p>\n

You inevitably are going to start building that profit empire because whatever your product or service is right now, ask yourself the question What else am I doing for my customers? How could I turn that into another product? Then you start building a profit empire versus a money maker.<\/p>\n

If you don’t have a money maker yet, that’s OK, you will know a concept that will put you ahead of 95% of your competition. If you have a money maker, get out there and start figuring out how to turn it into a profit empire!<\/p>\n

\n
About the Author:<\/div>\n
About the author: Stu McLaren has found out how everyday people all over the world are turning Unusual Business Ideas <\/a> into magnificent moneymakers… and How You Can Too! These ideas will stimulate ideas and inspire you to get your own profitable Business Idea Off The Ground… Immediately! 227 Unusual Business Ideas<\/a><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

In this article I want to talk to you about is the difference between a money maker and a profit empire. The best way for me to do this is to give you real life examples both from myself as well as others.<\/p>\n","protected":false},"author":503,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[87],"class_list":["post-3720","post","type-post","status-publish","format-standard","hentry","category-marketing","tag-marketing"],"_links":{"self":[{"href":"https:\/\/magic1host.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/3720","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/magic1host.com\/blog\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/magic1host.com\/blog\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/magic1host.com\/blog\/index.php?rest_route=\/wp\/v2\/users\/503"}],"replies":[{"embeddable":true,"href":"https:\/\/magic1host.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3720"}],"version-history":[{"count":0,"href":"https:\/\/magic1host.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/3720\/revisions"}],"wp:attachment":[{"href":"https:\/\/magic1host.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3720"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/magic1host.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3720"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/magic1host.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3720"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}