Thanks to the abundance of online scams such as the 'get-rich-quick' schemes prevalent on the Internet, people seem to have forgotten that while there may be a thousand and one ways to make money, there are always a few core principles that invariably apply whenever you're talking about building a business or an alternate income stream.
Do yourself a favor – forget about getting rich overnight.
Let's look at the 'competition' factor in the public domain.
From what you've learned so far, you should know that 'competition' itself is not a byproduct of the public domain. Far from it. Even if many people end up using the same public domain resource, the results eventually depend on the niche you are trying to establish yourself in.
If you pick a hyper-competitive market like Internet Marketing, you're bound to be lost in the crowd.
Instead, if you choose a less-known but profitable market (a hobby like poker is well-known but it's fairly well saturated while hobbies like yachting and sailing still have room for competition), even if there are others marketing the same material, you'll still have some of the market share easily available to yourself.
There's a lot more to this. You need to learn how to package your product, how to leverage your visitors' interests and most importantly, how to drive traffic to your website.
And of course, the public domain is not limited to books and reports. You have art, music, software, and most importantly, ideas.
That's the beauty of the Public Domain. It tells you what you should already know: Ideas are not the property of any one person. Therefore, any idea, any great theory, any great scientific achievement can be used without fear of legal reprisals.
That's a very good point and an important one in this case. If too many people start marketing the same type of products (that is, there is too much competition in one market), it isn't as profitable as before to start a business in that niche.
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