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Seven Money Making Secrets for Everlasting Wealth, Freedom and Fun. Part III- Have a tight, niche focus.

Most jobs stifle individual passions. This is why combining your
existing work skills with self publishing is good. This
combination encourages passions.

Passions are the cornerstone of successful self publishing deals. The
Golden Rule of Self Publishing says "your wants, needs and
desires represent markets". Your passions unlock markets.
Passions unlock the third secret to millions through self publishing.
Good, tight focus can bring you everlasting wealth.

This is the third secret to everlasting wealth through self publishing.
Have a tight, niche focus.

Focus can be pretty darn pleasurable as well. For example, Merri and I were
watching saltwater sands dazzle white, on an empty beach. We
saw turquoise waves break on a clear reef and heard the gentle surf
singing a harmony to swaying palms that danced softly in azure skies.

We were in The Dominican Republic, Rio San Juan sitting on an empty
crescent-shaped, white, sandy beach. As we sat in the cool
gentle breeze, it was hard to tell we were working! Pleasurable work…
yes…work, nevertheless. Such a myth those bosses push…that
work cannot be fun. Working is great when you are your own best
client!

We were working. The proof is that our Dominican Beach Property for Sale
Report made a nice return because we got the focus right. We
have done this on numerous occasions turning many places we loved to
visit or live into a report. We have published a British Isles
Report, A Swiss Property Report, an Eastern Europe Report, an Isle of
Man Report, A Dominican Republic Report and several Ecuador-Land of
the Sun Reports. In each case, we turned the expense of spending time
in places we love into a profitable exercise.

Tough job…cruising round the warm Caribbean waters! It took the
whole winter to get that work done.

Our self publishing skills have supported our love affair with global
travel because we have understood and always worked carefully on
developing a good focus in each of our publishing projects. To
focus is to balance and concentrate the energies of the writer with
the editor, publisher and reader.

Most writers are artists trying to paint a picture with words. The editor
checks the writer’s image for accuracy and re colors (or cleans up
the muddy colors) so the piece easily communicates to the reader.
The publisher's job is to sell the darn publication and make a buck
in the process.

Self publishers fill all three roles. To assure that this happens in
our business, Merri and I have a product creation system that
balances these forces. There are four steps in this process:

#1: We focus the format.

#2: We focus the
reader.

#3: We focus the
market.

#4: We focus the
finance.

Take that Dominican Republic Report as an example. We used to enjoy
our home there and loved the place-the warm sun and empty beaches.
However, we balanced this love with the fact that such a report
appeals to a market of investors, a market of retirees and a market
of travelers. We investigated areas that appealed to each
of these markets.

The focus of that report was balanced between our love of the Dominican
Republic and the four publishing focal points.

Focusing the format was fairly easy. The method of delivery is the
format. The format can be in a book, report, magazine, letter, list,
tape, fax, website or electronic file. The form of delivery depended
on the idea and our ability to deliver. Since we were traveling
continually and did not want the worry of staff or overheads, an
Internet delivered format was the easiest and obvious choice.

Next to focus our reader, I looked within our circle of contacts and found
just one person who seemed a perfect reader for this report. I
thought about the publication, the idea, the format and how this
person could use and benefit from it.

I wrote the report and the selling piece for that one person.
I focused all my energy on pleasing that one person.

Once done, I took the third step and focused my market. The market
is the place where I find my readers. I use my same single
reader and try understanding all I can about him or her. Where
does he or she go? Where can he go? What does (or can) he
read? What does he or she like? I define my market by finding
out as much as possible about one single person.

The fourth refinement was to ask, “Can the publication make money?”
I looked at the market. What was the price of similar
products? Did I have some reason to charge more or less than
others? I looked for unique features that allowed me to charge
a profitable price that would leave the reader feeling good about the
deal.

I calculated production-delivery costs and selling expenses. I
normally want a ten times mark-up to assure a profit and my
costs at that time were $2.90 to print and deliver the report.
This meant I could sell it profitably for $29.

That report worked well and I earned hundreds of thousands of dollars from
it.

So whatever you desire, recognize the need as good…a starting point
from which you can satisfy yourself and an entire market who have the
same urge.

Today, though, we would just do an Internet download for this report.
Then our costs would be extremely low and profits high, delivering an
up to date report for the reader.

This process of focusing can also create excitement and adventure. Here is
Merri and me (with our fairy princess hound dog Ma) overlooking a
sacred crater lake near our home. We enjoyed the trek as we
researched and published a very profitable report about real estate
for sale on this lake.

See http://www.garyascott.com/2007/11/08/1866.html

Once you understand that needs create problems you are on your way to
success. Problems create opportunities that allow you to become your
own best client. Finding solutions for your desires can also
serve others and bring you fun, fulfillment and everlasting wealth.

The next message (# IV) in this series looks at the importance of this
service.

Until then, may all your work be self-fulfilling

Gary

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