A Cool Business Model

From Tim Ferris's book, The Four-hour Workweek.

Here is a cool new business model made possible by the internet. Steps are listed below:

1. Be a specialist/expert at something.
2. Build a DVD explaining how to do it.
3. Outsource the manufacturing of it.
4. Sell it over the Internet.

Easy. If need be, replace DVD with website, newsletter, whatever. Its easy and cheap and if its good, you can reach a lot of people without a lot of expenditure.

Next project: My mom teaches ballroom dancing for people in wheelchairs. How-to DVD will be coming for Christmas.