Plan To Succeed With Information Product Creation: Why You Need To Split Your Process Up

One of the keys to succeeding in information product creation is to break the process up into discrete steps. This frequently isn’t an instinctive reaction for the typical information marketer. Especially on the internet where small sized learning products are the norm.

However, it is extremely important to your ultimate success. In fact, I would go so far as to say that if you don’t do this you probably won’t succeed… even when you are starting out let alone as you move forward.

Your product creation system should do this for you if only to help you to understand the overall task.

But why?

In this article, I’m going to ignore chunking and focus on the practical aspects. That’s not to say that chunking isn’t important. It is. It’s important to understanding and to learning the process. But while you can use the same chunks as you move forward, long term your focus needs to be on the operation of the system not the understanding of it. Unless of course you are constantly training new people!

So why is chunking important to long term use of the product creation process? (Yes, I know systems design uses a different term for this process but I’m not teaching you systems design. So I’m going to use the word learning content designers use.)

The first reason that having individual discrete tasks is important is one of schedule estimation. Frequently it is very difficult to estimate how long the total task of creating a product will take. After all, the size and type of the products matters as does the number of products in your product funnel. And those are just the most obvious elements. However, estimating a discrete task is often much easier. The total can then be estimated as the total of the discrete tasks.

Secondly, scheduling a large task can be problematic. However, by segmenting the task into a number of discrete tasks, you gain a much greater flexibility in scheduling. Not only that but as your business begins to add people you are able to schedule multiple people to the product creation.

Finally, segmenting a large task into smaller discrete tasks allows you to have much better control over the product creation. This affects two different areas — status and quality.

By segmenting your process into discrete tasks you are able to schedule and record the progress at much more detailed level. As a result you are more in control of the status of the product creation. You know what everyone is doing. When they should complete it. And how much it should cost. You also know exactly what has been done.

You also improve your overall quality. Instead of waiting until everything is done you can check quality as you go. This allows you to immediate react to low quality products without absorbing their costs. This means that you have less rework and your rework costs less. And if the product is not going to meet its quality requirement you will know about it in time to stop the development, change the requirement or fix the product.

A Brief Guide to Real Estate Law

The term real estate is one that we probably all associate with property, particularly buildings and homes, perhaps land as well, but in every day use it is far more common across the pond in the US rather than here in the UK. However, in the legal sphere the term is in standard use in the area of law known as real estate law – the law applying to all matters relating to the property market.

The value of the property market itself is vast. Across developed countries in 2002, The Economist estimated the market to be worth $68billion (77% of which is the residential property market) therefore also valuing it at 17% more than the total financial assets of these countries. What’s more, for the individuals or companies involved in the market, property often amounts to their biggest single asset and in the case of residential property, more pertinently and emotively, their home. The laws surrounding real estate are therefore often complex and the stakes dealt with are high.

What is Real Estate
As mentioned above real estate in a broad sense equates to what we term as property in everyday parlance. More specifically however, it refers to what are known as immovable objects owned by a party as opposed to movable objects that that party can take with them. In reality this definition covers objects such as land, the buildings thereon and other static objects which are attached to the land (or buildings), including crops and other natural resources found on that land. Conversely the objects which are not static come under the banner of possessions.

In addition to the physical elements of property the term also covers the rights that come with the ownership of that land such as the right to access it (or the air space above it), to mine it, to fish it etc.

In some legal contexts, and particularly in the UK, the term can be supplanted with the term real property (or just property) and instead real estate can be used, for example under probate law, more specifically to refer to a person’s share in property or real property at the time of their death.

What Does Real Estate Law Concern
Real estate law is therefore the area of law that deals with these estates/properties, the immoveable objects that are attached to them, any interests in them and the rights that come with them, although it can reach slightly outside of this (immovable object) brief when dealing with legal issues surrounding portable homes such as boats, caravans and mobile homes.

It comes under the wider area of law know as property law (although there are also many overlaps with contract law in practice), which itself concerns the rights that people have to objects that belong to people, and falls mostly under common law (law determined by precedents). The other area(s) of property law not covered by real estate law relate to the (non-fixed) possessions mentioned above or as they can otherwise be known chattels.

The law deals with both the commercial and residential property sectors; that is property owned by commercial enterprises for commercial use and property owned by private individuals or commercial enterprises for residential use respectively.

Within both of these sectors firms practicing real estate law will handle cases relating to the following:

Property transactions – including the buying, selling and leasing of property. The work done here by law firms to facilitate these transactions is termed conveyancing.
Development/construction – whether it be the construction of a new office block or an extension to a residential property
Ownership and occupancy disputes – the rights of tenants and landlords and matters relating to public housing, squatting, cooperative housing or shared apartments buildings etc.
Planning – the rights of land and building owners relating to land use
Rights of passage – rights of public to access or traverse land
Property investment – investment into property/real estate based funds or shares in investment syndicates.
The issues dealt with under the banner of real estate law are widespread and diverse and as mentioned previously the stakes for the parties involved are high and emotive so, as always with legal matters, it is paramount that people seek professional and experienced advice before embarking on property ventures.

7 Benefits of an Online Home Based Business

With the downward turn on the economy, many individuals who felt good about life in general are now looking for ways to secure their future for themselves and their family. Certain individuals are looking for a lifestyle in which they have absolute freedom to do whatever they want at anytime they so desire.If you are thinking of getting out of the rat race, taking control of your life and living the life of your dreams, whether it be at the beach, going skiing, skydiving or traveling the world, what vehicle would you use to get you your hearts desire? More and more people are turning to the Internet for the answer. If you are not sure of how great the benefits would be once you became an entrepreneur, take a look at the 7 benefits below to see if a home-based business online, is the right decision for you.1) Freedom…Think about this for a minute….. You do not need to wake up to the alarm clock buzzer. You can wake up, stroll/commute to your office (no rush hour traffic) and start your day. You can also work in your back yard, your car, at the beach, traveling the world,.. get the picture?2) Professional growth.You are in complete control of your day and productivity. You can focus with massive action and not waste time in numerous office meetings. You also get to use your other skills, marketing, management, accounting, people, sales, computer and many other opportunities. Increase your value to the world and give back to your community in consultations, education, etc.3) Less stress.Working from home will reduce work related stress from the boss, colleagues and office politics. If you feel like you need to take a rest, take a break and relax for a few minutes, then get back to work!4) Family time.Every parent wants to spend more time with their child/(ren) and because of the flexibility of a home-based business online; you can fill in easily if they are sick and have to stay home from school.5) Keep the money you make.You now have an opportunity to triple your income. You are in control. The harder you work the more money you make. So there is no need to hang around the office waiting for promotions. Save money also on gas and food.6) Less Risk.The start up costs of your home-based business online will be so much less working from home, with no office space to rent, no insurance, no payroll etc…7) Taxes.There are a number of advantages of having your home-based online business under the same roof. Deduct a part of your home’s operating and depreciation expenses on your home as a business expense. This can be a percentage of your mortgage, property taxes, insurance, utilities, and/or the expenses of household maintenance. Talk to your CPA to get more details and advice and keep more of your hard earned income.