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THE TWO TYPES OF EXPERT

BUSINESSES

Before we get too deep, I want to point out that there are two types of expert

businesses. The tactics behind both are the same, but the strategies are a little

different. Let me explain each of them so you can see which one best fits what

you are trying to create.

EXPERT BUSINESS #1: SELLING INFORMATION PRODUCTS

The first type of expert business is the one that most of you will probably be

creating. It involves you taking the life lessons that you’ve learned, and

packaging them into information products, coaching, and consulting. Being an

expert and selling information products is (in my opinion) the greatest start-up in

the world. You don’t need venture or start-up capital, just a passion for what

you’re teaching, as well as learning how to tell stories in a way that will get

others excited about it as well.

I have hundreds of fun stories I could tell you about people who have taken

their talents, ideas, and unique abilities to grow expertbased companies. One of

my favorite stories is from one of my friends, Jacob Hiller.

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