Information can be a very big money spinner on the Internet.
Title: Information Assets
Robert Kiyoski (author of the Rich Dad Poor Dad series) explains what differentiates rich and poor people. He explains that rich people accumulate assets. His definition of an asset is something that produces income.
Information products are virtually free to create. By Sitting in front of your computer transferring your knowledge and ideas to words in a word processing program you can produce an information product. This can be done in a matter of days or hours. Traditional products can take months or years to create. Once you know the process of creating an information product it can be done again and again. Once the information product be it an ebook, an audio product or video is uploaded to a hosting account it becomes an asset that you own.
An asset is something that produces income. The information product can be purchased in unlimited numbers from the website it is stored on. The product can be purchased 24 hours a day 365 days a year. You can make money even while you sleep! Other businesses must produce additional stock once products are sold. Your...
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