Break the link between time and money

How to make money does not depend on working hours, but on the number of products sold

As an employee or freelancer, your money is closely related to the time you actually work. This means that time is money. Do you have a contract stating the minimum number of days and hours you must work? Then, you are actually calculating by the hour. Freelancers charge by the hour, and if it doesn’t work, they won’t make money, which obviously causes a lot of problems.

This is the power of putting products on the market: your income has nothing to do with working hours, but with the number of products sold. If the product is a digital product, you don't even have a fixed cost to copy it after the product is produced, so you can sell the same digital copy of the product as many times as you need.

Suppose you spent three months writing an e-book and then decided to sell the e-book on Amazon. Once published, the book will be sold forever without you having to do anything else. The same applies to software products, but does not include bug fixes and updates that introduce new features.

Of course, producing the product first is the most important fixed cost. Before investing time and resources in developing a product, you need to reasonably determine that a certain product will sell. Without testing first, you cannot rely on your instincts or ideas, otherwise you will take the risk that even if your product is ready, no one can buy it because there is no real demand.

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