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bmyers.com | Tip of the Week | The Winning Formula Search 

The Winning Formula
Bill Myers - August 3, 2008
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Pssst . . . want to know a secret?

If you want to build a profitable product development business, one that can survive in any economy, do the following:

1. Find a target market of customers who enjoy purchasing products on the internet and have credit cards.

2. Find a way to reach the target market of customers quickly and affordably with a message about new products

3. Find out what the target market of customers wants to buy right now

4. Create the exact product the target market of customers want (either a DVD, report, or software tool).

5. Market the newly created product via the channels you identified in step 2 above.

Repeat the above process as necessary until you are ready to retire.

For help on any of the above steps, see the articles library at http://www.bmyers.com .


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