Creating a new product can be both exciting and scary.
There is much to think about, but having a finished end product that you can call your own is worth the tedium.
Here are 7 key steps to creating more money with fast product creation.
Step 1: Eavesdropping for ideas.
Quick ideas is your first step in fast product creation.
Listen in on a conversation sometime and count the number of complaints and jot them down.
How many of those could you solve with a new product? Step 2: Talk to people.
After you have listened to the problem and think you have a product, get opinions from people who might need it.
This is a good testing ground before you spend money developing it.
Step 3.
Research.
Has this been done before? Was it successful? Can you do it better? These are all questions you need to ask your self for fast product creation.
Step 4.
Make one.
To see if you can really make this product, make one.
The prototype will tell you much.
Step 5.
Test the prototype.
Get friends and family to test it first.
If you need to get a focus group to do it, remember that those take time and money--they may not be effective for fast product creation.
Step 6.
Make changes.
If your product needs adjustments, make them and test them again.
If you skip retesting, your fast product creation was all wasted time because you will probably have to fine tune other things as well.
Step 7.
Produce them! While you are in the testing stage is when you should be lining up production companies, getting advertising ready, and more.
Don't wait until the day of the release to send out press statements.