I think it depends Dien...
> Do you think it is better to create your own
> products, or to sell existing products?
Dien, I'm sure you recall on the SQ1 Financial Pictogrigm the many SOURCES of income. I'm fond of Royalty, Residual, Subscription, Syndication and JV Absentee Ownership...
HOWEVER,
there are times when hands on has to be done. I posted at a different forum about http://www.amazon.com/exec/obidos/ASIN/0971305900/qid%3D1046450665/sr%3D11-1/ref%3Dsr%5F11%5F1/002-1164345-6475268#product-details
Gary G. Schoeniger's 3 cassette program. If the link doesn't work, go to amazon.com and type in Gary's name.
Gary is a local guy who went from flat broke to multi-millionaire starting with a borrowed ladder he put on top of his beater.
You'd find that like most people who reached that level, they had their "own" thing. A business, or ownership (also on the SQ1 Financial Pictogrigm)...
OWNERSHIP is tested and proven way, although, being a reseller of other people's products has made people like Harvey Brody (who also had his own inventions) and Elton B. Stephens who opted to sell magazine subscriptions (someone else's product) instead of pursuing a career in law
His story here: http://www.ebscoind.com/industries/time1.stm
and countless others have done well with OPP (Other People's Products) and of course with affiliates so available the Net is perfect to do this. And Mike Ross covers a lot of this in LEVERAGE too.
I think it is a personal decision, if you WANT to exercise your creativity and develop your own, that's great, you DO control the whole thing...and can have other people sell YOUR work.
Probably a mix, a well managed mix would work for most people.
Thanks Dien, good question, I'll include it on the audio program.
Gordon Alexander
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