How Profitable Niche Selection Really Works: Rip Pivot and Jam Redux

Episode #154 – How Profitable Niche Selection Really Works: Rip Pivot and Jam Redux
Date: 2013-05-02
Link: Lifestyle Business Podcast
 
Me too businesses suck.
Identify your key differentiators and find out how valuable they are to your marketplace.
Inventory your skillsets that people will pay for.
Espionage (who is achieving the results I want to achieve?).
Make sure you choose the right wave.
Don’t choose niches that not a lot of people are making money on.
Choose a growth market. All boats go up with a rising tide.
Don’t limp into a business.
Have sales goals.
Leverage market intelligence.