[L683]Ludacris Shake Your Money Maker

Armand Morin, who is famous for his company Generator Software is a great example to start with. Under the Generator Softward banner Armand has launched a variety of products.

E-book Generator was Armand Morin's money maker. If he didn't create anymore Generator products, and stopped after E-book Generator, that would have been his money maker.

Everday more people purchase the E-book Generator online, creating a continuous stream of income. That is what a money maker is.

Armand did not stop there however. He started to come up with a bunch of different ideas, with the same generator-type concept, to begin to build an empire.

Now he has tons of products. He has E-book Generator, E-cover Generator, Sales Letter Generator, Opt-In Generator, Audio Generator, Instant Video Generator, Directory Generator. There's tons and tons of Generator products.

The difference is he did not stop at a money maker. He expanded and let his imagination go to generate and create all kinds of new products that would intertwine with each other.

Armand was telling me during a conversation we had a while ago that he won't launch a product until he has four or five complimentary products to go with it.

Instead of using that one initial idea, by combing it with similar products they can get a higher price point. This is building a profit empire, rather than a money maker.

So they're not looking for one idea. They're looking for three or four that they can package together all at once.

That's what I want to recommend you do when you're looking to generate new ideas, or new products, or new services for your business because most information marketers, they stop short once they have a good idea for something.

Another person who is good at this concept is John Childers. During my time working with him I witnessed how he teaches speakers how to sell from the front of the room. In order to sell, they need a product, so he also teaches how to create those products.

High-level marketers will take one product and examine it and every effort they have to put forth and think about how they could turn it into another product. Average marketers will only focus on selling that one product.

Recently when I was a best man in a wedding I put this principle, that John Childers taught me, into practice.

I'm at the age where all my friends are starting to get married. I've never been a best man, I knew nothing about being a best man, this was something brand spanking new to me.

So where did I go to find out what to do as a best man? I hopped online.

I had to piece together information from all kinds of various websites. It took me forever. I probably spent - I'm not kidding - five to six hours researching how to be a best man. I didn't want to fail my good friend. I wanted to be the best, best man that I could be.

So I was online researching and trying to find out all the tips and strategies of being a good best man.

Instead of just reading all the information, do you know what I did along the way? I wrote down every single piece of information and compiled enough information to make a new product. "Ideas for the Best Man" will be launched soon - all stemming from me thinking "How could I turn this into another product?" while doing something that took a bit of effort.

If you start asking yourself a few simple questions you will inevitably start building that profit empire instead of sticking to a money maker. "What else am I doing for my customers?" "How could I turn that in to another product?" Those are some questions you can ask yourself to turn your money maker into a profit empire.

Starting turning your money maker into a profit empire right now! Don't have a money maker? That's OK too! Knowing this concept puts you ahead of 95% of your competition already!