That's great, I can't wait! :)

Hi Gordon,

I'm excited that you're coming out with a new product. I'm a big fan of your stuff. :)

I have a question....

Do you think it is better to create your own products, or to sell existing products?

I'm looking forward to listening to your audio program! :)

- 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

http://www.sowpub.com/cgi-bin/forum/webbbs_config.pl?read=458

I cover this on the Audio program with some updates regarding the sources.

Gordon Alexander

Jerry Harvey. Started a store called Norman Ross. Was bought out and then kicked out. He started another store called Harvey Norman. Norman Ross has folded and disappeared into the wilderness. Harvey Norman has grown and grown and grown. Everyone in Australia knows who/what Harvey Norman is.

Clive Anthony. Came out of retirement to start a business his duaghters could "run." Say hello to Clive Anthony's Super Store - the busiest store on the Gold Coast which will beat any price.

Both above stores sell other people's products - washers, dryers, fridges, computers, beddng, and so on.

Peter Warren. Owns 23 car yards.

James Frizelle. Owns 9 car yards and one truck yard.

They sell other people's products.

The beauty of selling other people's products is you dont lose any time in product development. You just find the source and open for business - whether that's in a retail store, wholesale, door to door, or mailorder.

You can get rich selling other people's products. Clean Rich.

Michael Ross