Eight Steps to Create Profitable Products

Ideas Architect Podcast

Geoff McDonald discusses the eight steps you need to take to create profitable products. This is episode 028 of the Ideas Architect Podcast.

Our Topic: Create Profitable Products

What are the steps that you need to take to create your product? In particular, how do you avoid creating a product no one wants. Instead, you create a product that your audience loves to pay you money for.

In this Podcast Episode

  • What’s your Product Vision? Why are you creating this product?
  • What’s your starting point? And, what resources are you bringing to your product creation project?
  • What’s the best opportunity for you? Should you be creating a book, an online course or a face-to-face workshop?
  • The importance of the Lean Startup and creating prototypes.
  • Why feedback is your best friend in creating a product that people really want
  • What’s your growth strategy and how is your product designed to sell itself?
  • Products are not island. How do they fit into your business model? Are they free or fee products? Lead-generators or your rolls-royce offer?

Show Links

[threecol_one]Download on iTunes[/threecol_one] [threecol_one]Stitcher[/threecol_one] [threecol_one_last][/threecol_one_last]

Listen, Download, Share…

 

More Updates

7 Essential Qualities Every Signature System Needs to Succeed

If your signature system doesn’t have all seven of these qualities, you’re leaving money on the table. Here’s what separates the systems that scale from

Monetize Your Expertise after 45 - Cookie-Cutter vs Custom vs Signature System

What’s the best way to monetize your expertise after 45? Is it a cookie-cutter, custom or signature system? Which one is the key to premium

The Hidden Cost of NOT Having a Signature Method

Are you pouring your expertise into your business, working harder every year… but still feel like you’re running on a treadmill? There’s a hidden cost