The Puzzle Model: Piecing together as a business model
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Just read another great post by Seth Godin called “How to be a Packager“. In it Seth starts out by talking about putting a book together and being the one that manages the flow. Everything from putting the authors together to designing the cover to selling the book. Kind of like a wedding planner for books.
“A book packager is like a movie producer, but for books. You invent an idea, find the content and the authors, find the publisher and manage the process. Book packagers make almanacs, illustrated books, series books for kids and the goofy one-off books you find at the cash register. I did everything from a line of almanacs to a book on spot and stain removal. It was terrific fun, and in a good year, a fine business. Along the way, I worked with just about every major publisher and created more than a hundred books. I packaged (with various levels of success) video games, college professors, Julia Robert’s astrologer, an award-winning children’s novelist, the Weekly World News, Kinko’s and (almost) Craftsmen Tools.”
He then goes on to talk about using this model but for other ventures. The truth is this is not a new model and as I said on top it’s sort of like being a wedding planner. There are many industries and businesses that are built on being what Seth call a “Packager”.
Now while Seth is talking about taking perhaps existing products and or content and packaging them together, I would like to spend a couple of minutes talking about “Packages” that save time and the value they bring.
This is probably best noticed with consultants. Consultants have the experience and the knowledge to direct and guide you to the solution you are looking for. While it is possible to find the information on your own, a consultant can save you tens or even hundreds of hours. You just need to ask yourself how much is your time worth.
Another similar deal is a web design firm. Where as I am a big advocate of using FREE website designers, this is mostly for informational type of websites, easy E-commerce sites or for when you are just getting started. But if you are looking for a more advanced type of website, a web design firm will create a whole package for you including hosting, paypal integration, blog software, forms, design, etc.
The point is even though you can do something yourself with enough time, is it really something you should do? Again, it depends on how much you value your time.
Another thing to think about is how can you create a new business by saving time for people whose time is valuable. Think out of the box. The same with being a packager. What can you package together that will bring value and save time for those that need what ever it is your selling? There is plenty of opportunity out there and the article by Seth Godin is a good way to inspire you and get you started.
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