2. Creating Your Own Subscription-Based Software

3. Why Create Your Own Software 1. Can be totally automated and become a truly passive income stream Set it up once Outsource tech support Get monthly income Never touch it again

4. Why Create Your Own Software 2. Low competition - most people in your niche market are afraid to touch it

5. How Software Works There are two kinds of software: Downloadable (sitting on your desktop) Web-based (sitting on a web site)

6. How Software Works Input - Output Logic (if...then)

7. How Software Works Example: www.CoachCalc.com

8. How Software Works Example: www.CoachCalc.com

9. How Software Works Software can save information by connecting to a database You can connect software to any shopping cart through a thank-you page

10. How to Come Up With a Great Software Idea Survey your market Look at downloadable software

11. How to Come Up With a Great Software Idea Study specific target market www.MyGradeBook.com

12. How to Come Up With a Great Software Idea Look inside what you teach www.WeightWatchers.com

13. 36 Things You Can Simplify, Automate, or Make More Fun WritingSpeakingPlaying ThinkingOrganizingRelaxing SearchingTrackingCalculating MeasuringPlanningDecision-Making InspiringMotivatingEstimating ReportingCollectingShowcasing RememberingSellingDiscovering LearningExercisingTesting ManagingCreatingProtecting DesigningPresentingTransitioning SharingTeachingAnalyzing PracticingConnectingPredicting Collaborating

14. Subscription Software Examples www.lumosity.com ($5-$10 a month) Helps improve brain health and performance through games

15. Subscription Software Examples www.AssessmentGenerator.com ($9.95 a month) Allows coaches and trainers create self-assessments for coaching, training, tracking, and marketing purposes

16. Subscription Software Examples www.GroupCoachingManager.com ($47 a month) Helps group leaders organize & track their members’ information

17. Subscription Software Examples www.FitnessGenerator.com ($29.95 a month) For fitness trainers to create workouts, schedule clients, and train clients over the internet

18. Subscription Software Examples www.ForestWitch.com Diane Wing’s “Pathways” - Tarot card reading software

19. Subscription Software Examples www.MyJigSawBox.com Created by Nicola Bird for coaches, trainers, and educators to deliver their expertise online

20. Marketing Your Subscription Software Integrate it into everything else you’re doing Build educational front-end for your tool Refer to it inside your products, programs, emails, newsletters, and workshops

21. Getting Started Main purpose Big idea Core features Start small Post it as a project on: www.vWorker.com or www.oDesk.com

22. Two More Recurring Revenue Streams You May Be Leaving on the Table Right Now! Affiliate Income Built Into Your Existing Products and Services Payment Plans for High-End Products and Programs