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.

There are many home based businesses that help you to earn a handsome amount while staying at home. Various factors are responsible for the success of a lucrative home based business. The amount you invest, the demand for the business in the area, the skill to market the business, management abilities etc. are some among the factors. Let us discuss some of the home based businesses which are highly profitable.Event or Meeting Planner – An event or meeting planner is responsible for coordinating events and meetings for companies, associations etc. handling all the arrangements including reserving rooms, picking up guests from air port, taking care of food and entertainment etc. Sales meetings, conferences, trade shows, fund raising functions, hospitality events etc are skillfully organized by an event planner. The tasks are wide and varied like establishing meeting objectives and design, finalizing the site and required facilities, preparing the budget, establishing registration procedures, arranging food and drinks, getting the meeting materials printed, doing the necessary advertisements etc. In order to succeed in the business, it is important to have a keen eye for the details. It is also necessary to have several contacts in the travel, transportation and hotel industries. Negotiations skills and handling crisis with patience are qualities to be developed to become successful in the field.Business Plan Writer – Those who have a combination of business acumen, writing skills and creativity can take up business plan writing service. The main role is to develop a blueprint regarding various plans for development, market positioning, financial needs and investment costs to either start up a new business or expand an already existing one. A sound business background, ability to understand the business, sound knowledge of financial statements etc are needed to be become a successful business plan writer.Medical Transcriptionist – Medical transcription business is available for those who are interested in typing and the medical lingo. It is the job of a medical transcriptionist to document the medical records dictated by a healthcare professional. People with excellent listening skills, fast typing speed and aptitude for science and language can succeed in this field.

Running a successful home based business can be challenging because as entrepreneurs we are constantly pushing the boundaries and breaking barriers.But there are at least three key challenges that you will encounter as a home based business entrepreneur and in this article you will discover the best home based business success secrets that can fit.The option of building a successful business out of your home can make “work” seem far less disheartening, matching convenience and controlled comfort with much less overhead.Plus the added bonus is that the income potential is much higher as a business owner and you will not be trading time for a wage but instead creating leverage in your life and home based business. You can drive your kids to school in the morning and wake up at the time you want. And if you are thinking that running a home based business is too solitary, be sure to realize that home based business does not mean homebound.In fact, you will find that many home based business companies do very well without any kind of retail office space, because they don’t depend on traffic off the street, but rather spreading their message out into the world for new customers to enjoy. So let’s dive in to what it takes to thrive with a home based business even during the recession while everyone else is crying in their soup.Here are the three most daunting challenges and how to overcome them:1- Lack of Focus: This is by far the biggest problem I see among novice home based business owners. See as entrepreneurs we naturally have a sort of “Shiny Object Syndrome” where we get easily distracted by time-sucking projects that often do not contribute to the bottom line. It’s imperative that you focus primarily on high-value activities that contribute to the businesses bottom line. One way to maintain higher control over this is by using a timer to work, and do pre-determined activities in 33 minute blocks. Then take 5-10 minutes break and resume with another 33 minute block of focused work. This strategy demands focus on high value activities and allows for time to rest and regenerate.2- Mindset Shift: Many times as entrepreneurs we suffer from the shiny object syndrome referenced earlier and this can cause both a victim and consumer mindset. Both of these mindsets erode your ability to run a successful home based business because they are destructive. As a successful entrepreneur you will adopt a mindset of make it happen or else and focus your efforts on activities that add to the bottom line. Adopt a mindset of a marketer and business owner as if you had invested $100,000 into your home based business, rather than buying each and every offer that pops up in your inbox.3- The Right Formula: The last challenge in this article is having the right formula to success. Now, understanding the numbers of your business is very important because in order to reach your income projections you have to understand how many leads and sales it will take you each month and each week. Understanding the numbers is crucial in determining how to adjust over the course of the weeks and months of the year. Also, my advice in finding the right formula is to be selling something that can make big commissions so that it requires far less sales to hit your targets. This Top Tier model has allowed me to effectively double my existing online business just by adding one model.Now, I hope you will do what is necessary to create a successful home based business because I guarantee that it’s worth it in the long run.