Unscripted: Life, Liberty, and the Pursuit of Entrepreneurship pdfdrive com

Digital Product Systems
The most popular systems for tapping into legacy value are 
digital product
systems
. Digital product systems fall into the category of content or information
dissemination. Typically, they are the easiest to create and, henceforth, the most
crowded of spaces. Some examples:
eBooks, PDF reports, white papers 
YouTube videos, blogs, podcasts
Website templates, skins, scripts
Software/Internet Systems
The next popular legacy systems are 
software/internet systems
designed to
solve a problem, make something easier, or even provide entertainment.
Software systems provide the most legacy bang as, once coded, management
consists of upgrade and support. The software-system umbrella contains all the
following:
Software as a service system (SAAS: learning academies,
analytics, social-media management)
Internet websites and applications
(social media, marketplaces)
Mobile applications
Enterprise software (software designed for a purpose, e.g., a dental patient
management tool)
Video games (computer, smartphone, social-media gaming)

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Product Systems
A 
product system
is any physical merchandise sold through a distribution
channel. Because products are tangible and survive with minimal support, they
are the third-most effective form of business legacy. In a product system, the
product and its distribution represent the central executional challenge. Some
examples of legacy product systems:
Food products (Grandma’s BBQ
chicken soup recipe, gluten-free crackers, cookies)
Clothing or jewelry
Cosmetics (makeup, skin care, chemical-free deodorant/toothpaste)
Books (this one), board games, toys
Inventions, gadgets, art, other creative
endeavors

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