If you have a skill, a body of knowledge, or have helped people get results with what you do, you should be making at least an extra $5-10k per month in passive income with digital products.

In this episode we are going to talk about the 3 huge benefits of PRODUCTIZING your knowledge with digital products. And in an upcoming episode, I’m going to reveal the 5 step framework that I have used to generate over 6 figures in sales of my own digital products online, and the system I teach my students to use to generate passive income online with digital products.

BENEFIT #1: LEVERAGING INTELLECTUAL PROPERTY TO BUILD YOUR BRAND

BENEFIT #2: INFINITE PROFIT MARGIN

BENEFIT #3: MULTIPLE PASSIVE INCOME STREAMS & COMPOUNDING REVENUE

Productizing your knowledge, by definition, means giving the work you do context in the marketplace. Having your knowledge packaged in a product allows you to market more effectively because you have a vehicle to generate results.

When you develop your own unique framework and results-based methodology you are creating a vehicle for people to more easily do business with you!

It’s just like creating an offer, except you are distilling everything into a polished framework.

And it gives you leverage that you would not have simply by giving people desired results one to one. When you productize your knowledge, you are building intellectual property you own the rights to. And when you create your own digital content, it’s helping you to build a brand where people associate you with certain topics.

The easiest way to understand this is, for example, if you publish a book you can become known as a thought leader in your field, because you are developing a strong association between yourself and the ideas you are presenting. And you become instantly newsworthy because you now have a way for the masses to interact with your brand and understand what value you provide.

Doing this makes you unique and one-of-one in the marketplace. And that is ultimately the reason why people will pay you is because you have a unique methodology that generates results. So if you develop your polished framework that packages your unique methodology, you are able to generate even more leverage and scale your business.

Tune into the next episode to learn the framework for developing your own digital product to generate passive income online. And if you want 5-Days of in depth training on this topic, join the 5-Day Monetize Social Challenge at https://MonetizeSocialChallenge.com