develpreneur podcast

Creating Products as Passive Income

The best possible approach to passive income is by creating products.  Even a single product can provide a substantial profit.  Of course, there is a cost involved in researching and creating that product, but the pay-off can be limitless.  The time and effort spent can be completely worthwhile.  On the other hand, it can all be a complete waste. From Creating Products to Passive Income There are all sorts of products out there.  Some require a considerable amount of time to keep the pipeline full, while others require little.  Digital products like software applications are some of the best ones in the passive income space.  It takes time and know-how to get started but reproducing the product for each customer... Read more

develpreneur podcast

Value-Added Reselling As Passive Income

Value-added reselling is roughly a form of passive income.  However, it is still a good enough approach for us to look at it as an option.  This approach can lead us quickly to a product for a side hustle and maybe even the automation required to limit our required hours each week.  We will not always find this to be a passive approach to income.  Nevertheless, it can be done with proper outsourcing. Customization vs. Value-Added Reselling There are several ways to add value to a product.  When one thinks of value-added reselling, often the addition is in the form of services, packaging, or delivery.  However, you can also extend a product or provide customization or configuration that is not... Read more

develpreneur podcast

The Passive Income Approaches Season Overview

Passive income is a hot topic in certain quarters.  Likewise, we have mentioned and even discussed this approach to revenue over the years.  This season will focus on passive income approaches and side hustle families of work that are in the “work now, earn later” vein.  While some of the topics this season will have the potential for life-changing income, many will not, and some will be very small.  The key concept to remember is that any additional income is the icing on the cake.  Some additional funds are better than none. Money Making Money One of the areas we will dig into for several episodes is the idea of your money working for you.  This approach is a classic... Read more

develpreneur podcast

Book Recommendations During That Long Road Trip

Whether in audio form or the old-school paper version, books are an essential part of becoming a better developer.  Better yet, they can help us enjoy life and lead to overall success.  As we pause between seasons, it seems like a good time to go over a few book recommendations.  These are reads that have had a significant impact on me.  Thus, I share them in hopes that they similarly impact you. Reference vs. Good Read Book Recommendations A distinction I make in these recommendations is the difference between a reference and a good read.  The formerly mentioned books are easy to pick up and read in a piecemeal fashion.  They also are good to return to as the mood... Read more

develpreneur podcast

Podcast Recommendations To Improve Your Life

As a podcaster, I am also a fan.  I listen to numerous shows and have for many years.  Therefore it makes sense to offer an episode of podcast recommendations.  There is an enormous number of options available, but maybe this episode will help you find some good ones and sort through the noise. The Tip of The Iceberg The recommendations are by no means a complete list.  The options available are as broad as the interests you and your friends and family may have.  I recommend you browse through Apple Podcasts a time or two every year.  You will be able to find some excellent shows to match your latest interests.  In particular, you might find some shows that cover... Read more

Disney World Lessons For Product Development

A recent trip to Disney World was a memorable experience in many ways.  However, as an entrepreneur, the lessons for product development approaches sparked a presentation.  One of the mind-boggling parts of the experience was the way the culture has been built and maintained.  There is a “Disney experience” ever visitor is likely to have.  This experience is amazingly consistent when you think about how big that organization is.  Thus, there are several concepts we can learn from their success. Brands and Product Development While customer service and culture provide lessons, we focus more on the ability to build and maintain brands.  Disney World has evolved over the years to stay modern while maintaining its roots.  The vast library of... Read more