Do you know what leverage is? Leverage is an advantage. It is getting the most out of something. Think of it as getting the most gain for the least amount of pain (pain being work!).
There are untold riches in a single booklet when you know how to leverage that booklet. And if you have more than one booklet, that’s even better!
Create Your Booklet Once And Sell It Forever
One way you gain leverage from your booklet is that you only have to write it once, yet you can sell it over and over again. This is a huge advantage over services businesses where you must perform a service and get paid for your time. You can’t leverage your time because you only have 24 hours in a day and you can never give them all. And you can’t sell the same hour over and over again.
But, there are many product businesses that also cannot be leveraged – such as selling crafts. If you create a craft item and sell it, it’s gone forever and you must create a new one to sell the next time. But, once your booklet is written, the work is done and you have a product that can be sold repeatedly.
One Booklet Equals Many Products
Another way you can create leverage from your booklet is to develop other products from it. For example, you might offer your booklet as a download, and then develop hard copies, a CD and an MP3 from the same booklet. Now you have four different formats to offer your booklet in, and each one can be viewed as a separate product.
You see this all the time. If you have ever visited any guru’s website, you’ll often see that they offer teleseminars and everyone who signs up gets either an MP3 or CD of the seminar at a later time.
Another thing you’ll often see one of these gurus do is offer a product in printed form, and then offer that same product in a CD format. Why? Because it adds value to their product. They didn’t have to write any more content. All they had to do was take the content that they already created and record it.
You can do this very same thing! Once your manuscript is created, you can create different products from it without much, if any, additional work.
Leveraging Your Idea And Your Market With Spin-Offs
Finally, another way to leverage your booklet is to create spin-off products or a series from it. This is really leveraging your idea as well as your market, but you need that first booklet in order for this to happen.
When I created my first booklet, once it was selling and I had established my market, I created two spin-off titles from it that I knew would be of interest to that same market. I now have a series of three booklets, and have since come up with ideas for several more booklets I can create within that series for that particular market.
Spin-off products include much more than just creating a series of booklets. You might decide to create a workbook to go with your booklet, or you might create a DVD. TV shows will create toys and other products as a spin-off, and often they’ll take a character or two from one show and create a spin-off show using those same characters.
With a spin-off product you will have some extra work to do, but it’s well worth the effort if you’ve already got an established market.
When you create a booklet, you should get as much leverage from it as you possibly can. The more leverage you have, the more riches you’ll make!
Got an idea for leverage that I left out? Please leave your comments below!
To your riches!
Kim
PS: Don’t forget to click on one of the links at the top right of this page to subscribe so you never miss a single, important post! Remember, it only takes ONE idea to start the riches flowing to you! Also, if you like this post, please share it on your favorite social website. Thanks!

The Booklet Author’s List Of Things To Be Thankful For
As a booklet author you have much to be thankful for. Here is a list to get you thinking….
1) Your ability to write. Most people don’t write well, and the majority actually hate to write. You’ve got talent! Be thankful!
2) Your discovery of this blog. Ok, not to sound conceited, but seriously, think of all the time you’ll save getting your work to market now that you know about booklets! Getting it to market faster means making money faster!
3) The time you’ll save because you chose to create a booklet. Books take much longer to write. Thank goodness you’re not going to do that now!
4) All the ways you can make money from your booklet. Hey, just one booklet can create several different streams of income online and off! There’s single sales, quantity sales, e-sales, specialty sales, and the list goes on!
5) Helping others. That’s what you do when you create a booklet.
6) The money you’ll save on production. Books are expensive to produce. Booklets cost far less and often you won’t have to pay a dime to produce them. Your buyers may just foot the bill themselves!
7) Being known as an expert about a topic you love or enjoy. Most people are never credited for their expertise. As a booklet author, you’ll have credibility within your industry or from those associated with your topic.
8) Being your own boss. No more 9 – 5 for you. No more daily grind. Your life is your own and you can live it as you please!
9) Making a living doing what you love. Most people go to jobs they hate every day. You get to do work that you enjoy. In fact, it doesn’t even seem like work at all. Lucky you!
10) Living your life the way you want to. Your destiny is in your hands. What will you do?
Is there something you would like to add to the list? Leave a comment!
To your riches!
Kim
PS: Don’t forget to click on one of the links at the top right of this page to subscribe so you never miss a single, important post! Remember, it only takes ONE idea to start the riches flowing to you! Also, if you like this post, please share it on del.ic.ious, StumbleUpon, or the social website of your choice. Thanks!
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