
[Illustration: formatbrain]
Just a little note before I get started. You might have noticed that Wage Slave Rebel has been a little quiet and a little inconsistent over the last month. This ends today! I’ll be going back to a Monday-Wednesday-Friday posting schedule.
As I mentioned in the previous post, I’ve been working since mid-December (which is why the blog has been less active) to develop a handful of digital products, including a weight loss ebook and a web design how-to video course. I’m happy to say that my first product (the ebook) is completely finished and is currently undergoing some final reviewing and last minute tweaking! As it is, we’re currently looking at a Friday or Monday launch.
Keep checking WSR over the next couple weeks because I’d like to get you guys involved as much as possible and maybe even give you a chance to make some money of your own. Look for the announcement soon!
Most of you know that I am a freelance web designer. I’ve mentioned it here and there over the last few months. I want to take this opportunity to let it be known that this is no longer the case. I’m officially retiring as a freelancer.
Why? Because freelancing just doesn’t make sense! If you are a freelancer, that’s all good and fine. If you enjoy it, great! But if you aren’t already freelancing, don’t bother starting unless you are absolutely in love with the work you do. And you should realize that just because you like doing something for yourself, doesn’t mean you’ll like doing it for other people. Freelancing has the ability to feel almost as oppressive as 9-to-5 wage slavery. It can be more soulless unrewarding work wrapped up in a prettier package.
No. If you want to live your life on your terms and have enough money to do what you want to do and go where you want to go, you need to focus on making your primary source of income completely passive. You need to focus on digital product creation!
The Problem With Service-Based Work
Service-based businesses are mostly disappointing in my experience. They are necessary, true, but they aren’t for everyone. Before freelancing I worked at a hospital making a meager $7.50 an hour. That’s $60 per day. But was my time and labor worth only $60 per day?
Sixty a day is all it took for me to force myself out of bed at 5AM, wear a stupid looking uniform, dawn the title “Housekeeper”, endanger myself by hauling bags of needles and organs, pick up garbage, make uncomfortable small talk with tragedy stricken emergency room visitors, watch people die, get reprimanded for the most ridiculous things by power hungry superiors and try to fit the rest of my life somewhere in between a rotating 40 hour work schedule.
Hell no that was not worth $60/day!
And this is the problem with service-based businesses. You are contracted to sacrifice your time and your effort for someone else’s benefit. While less extreme than the hospital situation, freelancing can still be just as miserable. While I liked to design websites, I really only liked to design them for projects I was personally involved in. I had no clue I wouldn’t enjoy making them for other people. Dealing with clients and compromising my own artistry for them finally took its toll on me and I had to start asking myself, “Is this sense of inferiority I’m experiencing and this lack of pride and these mind-numbing hours worth the price of these projects?”
The answer was, “No.”
The Benefits of Digital Products
It’s too early to say, but I think I might have found my actual professional calling. While I love design, writing, animation and technology, I’ve only ever had the passion for working on things that I have a reasonable stake in and for which I am completely responsible. I like having control of both the work I’m doing and the result of that work.
For a guy like me, the development and selling of digital products seems to be the ideal way to make money for several reasons:
- You Get To Decide What You Sell You don’t have to wait for directions from anyone else and you don’t have to make a product you don’t believe in. You don’t have to find a market and just go with it. You’re actually given the opportunity to look at several possible options and choose one directly related to your interests and your abilities.
- Complete Control of Development You get to decide how things look, how much they’ll cost, when they’ll need to be done. You answer to nothing but your own ambition!
- Automation Digital products can be sold without any involvement on your part. You can spend time creating it and perfecting it and then just let it go. You don’t have to replicate your hours of work for each purchase. You just make it once and sell it as many times as you can. With help from the internet, you can set up a store that runs 24 hours a day, 7 days a week and earn money while you sleep!
- It’s Inexpensive It costs anywhere from zero dollars to a few hundred to get started. If you’re strapped for cash, you can always find a way to cut corners by using public domain content.
These are the reasons I’ve decided to take a new professional route. As this experiment continues, I’ll offer more advice and observations about digital product creation and marketing and make everything as transparent as possible, including earnings. After the launch of my first ebook, I hope to publish what I’ve documented and learned through the whole process so that others might also succeed (or at least avoid failure).
Have any advice for me as a newcomer to digital products? Have an interest in digital products? I’d love to hear any questions or comments below!
Related posts
- 4 Excellent Resources for Digital Product Creation
- The Top 3 Most Successful Online Business Models
- All It Takes Is Persistence
- How to Find Your Core in a Shell of Ambiguity
- Lessons We Can Learn from Failed Products
You don’t have to sell me on digital products, I’m already extremely interested in creating them. If I may ask, though, what good, free resources have you used to help you learn how to do this? And what /paid/ resources and classes would you recommend? .-= Katrina´s last blog ..Goth Genealogy? =-.
Hey Katrina,
This comment helped to inspire a follow up post, 4 Excellent Resources for Digital Product Creation. There, I’ve listed 3 free resources and one invaluable paid resource ($9.99) that I’ve used throughout the process. These are the only things I’ve used while developing.
Hope that helps! JD
Good on you J.D. for finishing this phase of your life. You tried it and you learned it wasn’t for you. You’ve got the balls to go forward and try something new. You’re not whining how you hate what you do but do nothing about it. You’re taking action. Good for you brother. .-= Gordie´s last blog ..Short-Term Gains Are Shorter Term Than You Think. =-.
Thanks, man. I’m really excited about my new direction and I appreciate your support!
Good luck with the change in focus. I might be interested in the website creation course videos providing I can afford them. That sounds like the digital product with the best potential, simply because there is SOOoo much out there about weight loss. Keep up the positive attitude & great work! .-= steve´s last blog ..WORKING!! =-.
The website creation videos are in the planning stages, but I’ve guessed I’d sell the set for about $99 since the knowledge could easily make buyers an extra $1000 – $5000 a month. It will show the process from designing in Photoshop to coding for WordPress, so maybe 3 to 4 hours long. Maybe you can help with the development. I’m glad to have found a few people who are interested right off the bat.
Thanks, Steve!
good for you JD
I am doing the same thing and I have been also less active on posting on my site.
I am almost done with my ebook also. I am going to start talking about it on my blog starting today. I like the idea of sharing what you learned and keeping people posted on your progress. I think I will do that as well.
Keep up the good work.
Rasheed .-= Rasheed Hooda´s last blog ..What Do You Mean “Do Nothing” =-.
Yeah, please do that! I think we can probably learn a lot from each others mistakes. I’ll be keeping an eye on your blog.
Digital products are the way to go! I’m about 1 day from finishing a weight loss ebook myself, I just need to add pictures. I purchased the license to a private label rights product, took some things out, rewrote some parts, and added some stuff to it, and voila I have a great product to start selling. Once I’m done with this I’m going to start right up on another one. You’ve got the right idea man, great stuff! .-= Nate´s last blog ..reclaim your weekend =-.
Yeah, this is what I’m planning to do. I want to keep this momentum. It would be great to churn out a one or two quality products a month. Weight loss is a pretty big market. Lots of people seem to be intimidated by that saying, “Well, who needs another weight loss book?” They don’t realize it’s so big because it sells. Find the right niche within it and I think you’ll find success. (I’m sure you’ve already found your niche. I was just speaking generally, not giving you any advice. I’m definitely not qualified for that yet.)
JD,
Interesting stuff. I recently started doing freelance social media work. One of the things I realized is that if I continue to go the way I’m going, as I take on more, it’s not going to scale. In fact the whole reason I got into this was for lifestyle design. So, your post really resonates with me. I’d love to interview you for my podcast series on interviews with bloggers because I think you’ll have some great perspectives to add.
Hmm, an interview. I’d be up for that. I’ll shoot you an email.
I love the idea and will be closely following your writings here for sure. My personal problem with digital products is that I don’t like to sell stuff. I kind of feel like everybody that has money left to spend on digital products actually has enough of everything already – and I don’t want them to get more consumerist by buying my stuff. But then, selling non-consumerism probably won’t work. D’oh. But, as I said: A personal problem. Not sure how to solve that yet…
I went through a stage like that. In fact I probably just came out of it about two months ago. The only conclusion I could come to was that I can’t be the world’s babysitter and I need to earn a living. By selling this book, I genuinely hope to help a lot of people and I believe in the method 100%. I’m actually following the principles of the ebook right now, to much success! So my intention isn’t to just give people something else to fuel their consumerism. At the same time, not offering this product only keeps me from making enough money to survive. If people are too materialistic, it’s their responsibility to realize that and fight it, and I support it completely.
But I believe there will be plenty of people who genuinely just want to be helped by the book and aren’t looking for another thing to add to their junk pile.
That’s my conclusion, at least. So far anyway.
Congrats on the new focus! I’m also interested in selling digital products (mostly of the ebook version, but I’m open to new ideas), so I will be reading about your progress with great interest! I’m starting a new lifestyle of nomadic world travel this year and so I expect to be writing a few ebooks and possibly starting a new travel blog. .-= Raam Dev´s last blog ..Find the Courage to Be Yourself =-.
Good luck with your lifestyle, your books and your blog! Let me know how it goes.
Inspiring stuff, I’m loving the blog and your journey thus far.
I have also just recently shuffled off the 9-5 corporate seo gig to focus on becoming the master of my own destiny by doing exactly the same thing.
I have been moonlighting for a few years with limited success (not enough hours in after a 9-5 day to go big) but decided that this was the year to get out of the cubicle, and begin applying my knowledge to my own benefit and start creating passive income streams.
I’m going to try bring in some money early on with my sideline hosting & design business to give myself a little more time to get my 1st of 4 (for now) products off the ground.
It’s great to be able to discover other people who have similar thoughts and aspirations. My best wishes of fortune in life, love & business for you in 2010.
Likewise, man. Good luck with everything you’re attempting and congratulations on getting out of the corporate gig! Please, keep in touch! I’d love to know how things go.
[...] and meet new people, but you get paid for it! Yes, you are exchanging money for your time, which some people consider not to be the best investment, but at least you’re doing it in a new and interesting [...]
I’ve obscured my real name so as not to offend any clients I’m currently working with but I must say that I completely agree with most of the points you offer in this post. The truth is; a job is a job and while you may think that you enjoy graphic design or article writing it may turn out that you enjoyed the process of creating these things for yourself and your own projects.
I don’t denounce freelancing completely as many enjoy it at the same time as making the same amount of cash or even a lot more than they would otherwise. At the end of the day you need to work out what it is that you really want and go with it.