SPI 639: How Passive Is a Physical Product Business (REALLY) With Jeff Sheldon

The Smart Passive Income Online Business and Blogging Podcast

Pat Flynn

Business, Emailmarketing, Entrepreneurship, Videomarketing, Podcasting, Affiliatemarketing

4.8 • 3.8K Ratings

🗓️ 21 December 2022

⏱️ 40 minutes

🔗️ Recording | iTunes | RSS

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Summary

#639 Having your audience along for the ride as you create digital products to serve them is an incredible tool that increases engagement and connection. But is it wise to use this same strategy for physical products? With knockoffs being a massive concern, is it safe to use open platforms like Kickstarter to fund and launch your best ideas? Those are some of the questions I explore with my returning guest, Jeff Sheldon. He is the founder of Ugmonk, a design studio focused on impeccably crafted home, office, and clothing products. This chat gives us an inside look at what it takes to turn your vision into something tangible and successfully compete in the premium market. Jeff and I discuss the realities of manufacturing and distribution, share advice for finding a niche, and debate the pros and cons of selling digital and physical products. With additional tips for working from home and using ads to find new customers, there's something here for any entrepreneur! Show notes and more at SmartPassiveIncome.com/session639.

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Transcript

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0:00.0	Sometimes getting an online course just by itself isn't enough to get you where you want
0:04.2	to go, right?
0:05.2	You know what this is like.
0:06.3	Sometimes maybe later, turns into maybe tomorrow, which turns into maybe never.
0:10.0	And that's just a waste.
0:11.0	But it doesn't have to be like that.
0:12.4	If you want education, community, accountability, and the growth that you deserve, you can
0:16.9	have it all in one spot with SPI's brand new All Access Pass.
0:21.6	All Access brings education and community together.
0:24.4	This is community-powered courses.
0:26.7	All in one roof to support you and hold you accountable.
0:28.8	It's the best thing that we've created so far to help entrepreneurs like you start building
0:32.0	real growth in your business.
0:35.0	Community-led courses are a ground-breaking approach to online learning.
0:37.8	In one study, the American Society of Training and Development found that 95% of people
0:41.8	are more likely to meet a goal when they're held accountable by others going through ongoing
0:47.1	meetings and progress check-ins, etc.
0:48.9	Which is exactly what we offer.
0:50.4	You're not just getting access to a course.
0:52.8	We've designed the All Access Pass to offer several pathways.
0:55.5	So no matter where you are in your business, even if you're just trying to pick an idea,
0:58.7	we have a curriculum design for you.
	...

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