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October 11, 2010

Web Based Business Creation (2)

Informational Products

Informational products are perfect for the Internet. This type of Intellectual property can be writing, works of art, or software. As an example, songs start as an idea and then the songwriter puts it on paper. Next, a singer and musician perform it. Once it has been recorded onto a CD or a hard drive, the song can then be heard by others. Record companies have CDs and cassettes. Radio has broadcasting. TV has music videos and the Internet has mp3's. All of these formats can be bought, sold, and traded.

You don't need to be a songwriter to create informational products, however. You can write a book, create a software program, or take photographs. If the idea can be put into an electronic format (book into an ebook), you have the first building block of a web-based business.

For non-writers and non-programmers, you don't need to create the intellectual property to make money from it. There are many people that have ideas, but don't know how to sell them-you find the idea and then offer to sell it. Some companies have affiliate programs that will pay you a commission on anything sold to customers that you referred to them. Also, you can buy the rights to resell someone else's idea (a book, photograph, song, software, etc) and then sell it as if it was your own.



Marisol Diaz is an experienced workshop presenter,executive editor,IA and a business facilitator. Marisol Diaz works part time as online business Implementation consultant; technology entrepreneur in Toronto. She has founded three ventures, writes a Immigrant business blog @ www.hinenicommunications.wordpress.com where
she has been also writing on Canada settlement, employment and immigration law since 2006. contact her @ hinenisyndicator@gmail.com

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