Did you know that you can literally make money while you are catching some z's? There is nothing more rewarding than opening up your email program in the morning and hearing all the email come in filled with sales from around the world. You have worked hard to master your expertise and now it is time to turn it into products that not only provide a ton of value to your customers, but also provide you with another stream of revenue.

It's true -- building a passive income is your key to earning more money without working harder. Here are some ideas for how you can build an automatic income source for your online business in less than one week.

I once heard someone say "If you know how to: fix something , find something , save something, do something more quickly, do it better, do it more efficiently, do a greater amount of it, do it with greater quality, do it less expensively, do it more easily, do it more often, be happier doing it, do it automatically, or more effectively, take existing knowledge and apply to a new situation then you have a subject to create an information product about!"

There are two reasons to create an information product:

1. To create a system you can provide to your clients to eliminate the repetitive work that you dole out time and again.

As an example, I have many people hire me to help them create more profit through promotions. I found I was telling them the same information over and over that they could easily do themselves with the right information. I was sending the same worksheets and giving them the same resources. So one day, I decided to put it all into a home study program. This program is packed full of everything my coaching clients needed to effectively promote their business. Now when I have a coaching strategy session with them, we truly get to focus on the strategies, rather than the tactics. It is a win-win for both of us!

2. To create an alternative source of income.

Using this home study program, as an example, I have now "bottled my brain" and am able to offer a highly comprehensive solution to my clients promotional woes for a fraction of the cost. When companies would hire me to come in and do it for them, I would charge a minimum of $5K per month. I am now giving people all over the world access to my consulting for under $150.00. These sales add up too! If I sell 10 in a day that is $1500.00 I didn't have before.

I bet you are raring to get started now! I recommend that if you get this accomplished in less than 7 Days, you will play to your strengths. Are you a writer? Do you have connections with other people in your industry you want to partner with on a project? Do you love to speak publicly?

I want to give you three product ideas you can EASILY create almost instantly.