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Old May 20, 2022, 09:26 AM
GordonJ's Avatar
GordonJ GordonJ is offline
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Default Or do both.

As we take a look at Solar-Vision on eBay as a model of a publishing house, one with a huge catalog of offers.

He is doing both, those are REAL hold in your hands products (reports) and more than likely runs a print on demand business model.

But he could have displays in stores, like at Momma's Rocks, where I was this past weekend, a beautiful store that sells all things crystals, rocks, metaphysical and his line would fit nicely with that.

And he could do WORKSHOPS, small gatherings of people who want to learn one of his interesting subjects, and of course, video those and have another product.

Thanks for the article link, and these are my key takeaways.

Rich people own...UNsexy businesses. They build monopolies (brands), like auto dealers who are protected and franchises, which have REGIONS or districts.

And THIS:

My data-driven advice for getting rich for someone with good analytical skills and deep experience in a field is to start a market research business.

Use your specialized knowledge in the field to write up reports;

sell them widely and charge a fortune to your contacts in the field. I have estimated that more than 10 percent of owners of market research businesses are in the top 0.1 percent.

Thanks Forbes. Great idea.

Gordon




Quote:
Originally Posted by Dien Rice View Post
Hi Gordon,

My feeling is that... if you have knowledge you've gained from ONLINE selling and marketing... you can take that OFFLINE and make a "killing"...

The reason why is... less competition...

Instead of competing against "the world"... you're competing against just those in your local area...

I think I'm going to do more offline too...

Best wishes,

Dien

P.S. This recent article in the New York Times tells us that the typical "rich person" is not a dot-com or Web 2.0 or even Web 3.0 zillionaire... It's the owner of a regional (i.e. offline) business...

The Rich Are Not Who We Think They Are. And Happiness Is Not What We Think It Is, Either.
https://web.archive.org/web/20220515...-big-data.html
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