Today I’m excited to be talking to you about one of my favorite topics: Why you should sell your own product. I’ve been creating and selling my own products since 2010 and have found that selling my own products gives me the opportunity to:
- Be creative
- Share something I appreciate with the world
- Provide something useful to the world
- Generate unlimited income for my family
There are many options when starting a business today, many are even businesses-in-a-box! However, to truly be the maker of your own destiny you’re going to need flexibility in your business model. The best way to get flexibility is to create your own, original and useful products to sell.
Here’s 5 Reason’s Why You Should Sell Your Own Product:
You’ll be proud of your accomplishments
I remember distinctly the pride of success I felt when I saw my first products on store shelves. It was exhilarating! Something I had created was being sold to customers around the country and they were truly enjoying it. Not only did I get to hear great feedback from people in person, I received countless emails and phone calls about how my products were helping people live happier, healthier lives. It’s truly rewarding when you know something you have created has touched so many lives.
You’ll make better profit margins
If you create your own product you get to choose how much you sell the product for and how much you want to spend on marketing, advertising and setting up your business. All of these factor in to your profit margins. If you aren’t able to choose, you’ll have obstacles to work around.
You’ll be able to determine where your business goes
If you sell your own product and own a majority share of your business, you’ll be able to choose what direction to take your company, when to expand and who to sell to. You won’t have to answer to a parent company who generally make all decisions regarding where the direction of the company will be heading.
You’ll get to be creative
One of the best parts about selling your own products is it forces you to get creative! You’ll be spending your time and energy creating the best possible product to sell which means you’ll be dedicated and focused on giving it your best. I know personally when I give a project my all, I feel fulfilled and the results are generally outstanding! Who doesn’t want that?
You’ll get to start your own business
This seems like an obvious one but I wanted to throw it out there anyways! If you create your own products you’ll get to start your OWN business. No more working for someone else or putting your precious time and energy into someone else’s business. And remember, you don’t have to make millions of dollars. Even starting a business that takes minimal time and effort, but generates an additional stream of income for your family is the ultimate goal. Eventually, the goal could also be to have several, minimal-effort required businesses to create a steady, and reliable income.
Want to sell you own product?
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