you waiting for the chance to come out!
Step 2 Research your targeted market to find out what they
are interested in.
If you plan to sell your product online, make sure there is a market for it first before you
ever create the product. Visit forums and newsgroups do some research. Prepare a short
Questionnaire and give something away free to people who answer it for you.
Corporations spend millions of dollars a year in research, but as a small home business
you can do your research for free online through contacting and networking through
newsgroups, forums, and mailing lists.
Step 3 Purchase the necessary equipment.
You don t have to go to a studio to record your tape unless you have an unlimited budget.
If you can afford a studio, it will produce a little better tape, but for most people starting
out that is just another undue expense.
Go down to your local Radio Shack and purchase high quality audio tapes and a dynamic
microphone. A good one will probably cost you between $40 and $100. Ask one of the
sales representatives to recommend a good one. If you need an adapter for your tape
recorder, get one of those as well.
If you don t own a double cassette deck, you will probably want to get one of those.
Why? You can also dub your first couple of tape sales right there in your home and wait
to send it out to a duplicator until you know for sure it is a real hot seller.
Notice that you don t need expensive equipment to get started in this business, although
you may upgrade later as you go on.
Step 4 Make an outline.
When you did your research in step 2, what were your potential customers interested in
most? Now, create a product that gives a step by step training on how to overcome that
problem or achieve that objective.
Rack your brain and come up with steps that will take your customers to their desired
solution. You have to make it simple. This is probably the most difficult part of your
product. Yo u have to boil down all of your research, your experience, and come up with a
simple system people can follow to achieve their objective.
Step 5 Record your tapes.
Now, shut off the phones...and set up your little recording studio. Make a time on your
schedule to do your tape or your series and stick to it...because you will probably want to
73
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