Calling all service businesses, consider this

Image courtesy of Stuart Miles at freedigitalphotos.ne

Image courtesy of Stuart Miles at freedigitalphotos.ne

In a service business, generally time is traded for money.  If services aren’t rendered you don’t get paid.  You have to keep cranking out those services to generate income.  It is the nature of the service business.

What if you could create products to sell from your service business?  I know it may sound odd and you might be asking, how do I make a service into a product?  In your service industry you are an expert!  Use your knowledge to your advantage and create another stream of income.

If you don’t have a website, create or hire someone to get it up and running.  Sell some how to videos or podcasts.  Or if you are shy, create how to books or short ebooks in your industry.  These can create what we like to call “information vending machines”, you get to help many more people with your knowledge than you can by actually performing services.

Please share in the comments, how different types of service businesses can turn their expertise into products.

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