"The Tubong Lugaw Business."
Before you start your dream traditional business, you NEED to know this key metric.
Marami kasing nai-inlove sa business idea nila without understanding that business is a "math game."
Kaya nalulugi.
One key metric you need to know is the Cost of Goods Sold (COGS).
It's the sum total of all the costs that go into creating a product before it's sold.
For example, you want to start a food business selling hamburgers.
Ang total COGS per hamburger:
Beef Patty: PHP 80
Bun: PHP 15
Cheese: PHP 10
Veggies: PHP 20
Condiments: PHP 5
Packaging: PHP 5
Waste: PHP 5
Total: PHP 155.33
Meaning, if you want to sell it at a profit, you should charge more than Php 155.33.
Now, imagine this.
Imagine a business na may produkto na halos walang COGS, kaya malaki ang puwedeng kitain?
Nearly 100% profits (aka tubong lugaw.)
And that's the beauty of an info-product business selling e-books.
E-books are digital, meaning there's no need for physical materials, manufacturing, or shipping.
Best of all, once may e-book ka na, it can be sold an infinite number of times without any additional cost.
This makes your COGS virtually zero, maximizing your profit margins.
You might be thinking, "Creating an e-book sounds time-consuming."
But here's the kicker: you can automate the process. With advancements in AI and text-generation tools like ChatGPT, you can produce high-quality e-books in a fraction of the time it would traditionally take.
Join me in my upcoming LIVE workshop, and I'll reveal how you can create e-books that you can sell for P800 to P1,000.
https://www.negosyouniversity.com/programs/autoebook/
To your freedom,
Jon Oraña
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