How To Choose A Profitable Niche That You Can Love on Summer Marketing Mashup

Episode #116 – How To Choose A Profitable Niche That You Can Love on Summer Marketing Mashup
Date: 2012-08-16
Link: Lifestyle Business Podcast
 
Write down seven problems, seven passions, and seven fears.
Research those topics: keyword searches, competition.
Take a unique approach in a niche a lot of people are making a lot of money in.
What is your unfair advantage? What information do you have that no one else has?
Find the work that you like to do on an everyday basis.
Make sure your audience is actively looking for a solution.
You can create your own unfair advantage by seeing what everybody else is doing and doing the opposite.
Focus on one business.
Sell something as soon as possible.
You need a large enough sample size to find what your market wants.
Step one is to sit down with your target market and find out what makes them tick.
If anybody else has done it you can do it. If nobody has done it you can be the first.