Select Your Subject

Make sure it is something you know enough to create a short report, a valuable ebook or an informative audio recording about.

Also confirm that it is something others will find useful and profitable enough for them to dig in and spend money to buy it.

If you can tie it in to a current trend, a hot topic, a timely news item or event, and in this way get some buzz going, it will boost your sales and profit.

Research Your Topic

If you are already an expert on this topic, you'll save time. If you're just starting out studying it, be prepared to spend the most time on this step. Take advantage of the power and reach of the Internet to carry out your research at warp speed.

Draft An Outline

Don't waste too much time on this, but make sure your outline covers all aspects of the topic of your information product.

When you set out to create information products, the most important step is to decide what problem it will solve or what questions it will answer. Be sure all of that is covered - but don't go overboard loading it with too many 'incidentals'.

Create Information Products

There are many ways to do this. You can write or type it out. You can dictate it into a recorder and have it either published as an audio course, or transcribed into a text document. You can get on the phone and interview an expert. You could pull out your video camera and record yourself explaining something.

Package Your Information Product

This is important in adding perceived value to your offering. An ebook cover adds a touch of class to your electronic report. A nicely designed CD cover makes your audio recording look more attractive. Plus, you get name and business branding through the imagery, logo and graphics.

Plan Multiple Formats

Once you create information products, don't stop with one version. If you write an ebook, think about having it published as a print book, recorded on audio as a CD, even converted into a video presentation. If you did an audio book, have it transcribed into short reports, turned into a set of articles for your blog, even converted into an article to be published in magazines.

Infopreneuring is about getting maximum leverage from content you create, and developing multiple income streams from your one-time intensive effort. Study the intricate steps involved in becoming a masterful infopreneur and you can