Choosing a Niche - Ask Yourself These Questions
Choosing a niche can be very difficult, especially if you are someone who really does not know what they want their online business to be about. Below I have put forth some helpful tips that will get your juices flowing and get you on your way to the perfect niche for you.
First of all, and I cannot stress this enough, your niche should be about a topic you are passionate about, and I mean, totally into, like you read magazines on the topic, search online, do it (like a sport), shop for it (such as make-up), preach it or otherwise. If you love what you do it will make the days fly by, the hours will not feel like work, and your success rate is exponentially higher bc you will put in the effort it needs voluntarily and with love.
Here is a great exercise:
Assume you are in a "perfect world", meaning that there are no barriers or limits or obstacles in your way, so you can do whatever you want to, no matter how unrealistic is seems at the moment-if you dream, dream big.
Ask yourself these questions:
1. You wake up in the morning and leave for work to do something you absolutely love to do. Do not limit yourself bc we are in a perfect world. There is a business for absolutely any hobby or interest that you have. What are you doing? Hint-think about the kind of clothes you would wear, would you be at home or in an office? what kind of hours would you work and would you have staff?
2. What do you like to do on your day off or free time? This could be something you never get to do otherwise because of how busy you are.
3. What have you enjoyed since you were a kid? and still do?
4. If money were no issue what would you do everyday? Get up get dressed, get in your car and go where?
5.What do other people tell you that you are good at? In fact, ask them! Come out and ask, "what do you think I am good at"?. My coaching clients are required to do this by email to 10 people and they are amazed at the responses they get. If you have the courage to do this- it's a fantastic insight into yourself.
Think on the questions and let them mull around in your brain. Do not try to force the answer, it will come to you when it is ready, when you least expect it. Just make sure that you have a positive attitude about success and the confidence that you can do anything you put your mind to. The mental game is 90% of the battle.
Need more help, pls contact me.
Lori
Recent Comments
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Those are really great strategies Lori! I never would have thought of asking people by email. I'm glad that I can answer that my niche can fit into all of those categories. But, if I were to ask people what I am good at, they might have a few different answers depending on who I asked.
If I asked my co-workers, they would say that I am great at figuring out IT problems, learning new software, and figuring out formatting problems. I'm also really great at multitasking and web research. Which, I can see how all of that can tie into building an online business here!
If I were to ask friends and old co-workers, they would say that I am great and helping people with their finances and negotiating with their creditors (a job position I used to have and still continue to help people with).
So, all of these skills I can apply to my online success I believe. And, down the road, I may just have to start up another site that will tie into my passion of helping people with their finances :)
here is my 0.02, I hear from what you wrote that you are good with software and finances and have good interpersonal skills. I really never encourage multi-tasking bc none of the tasks gets 100% of your attention so they are all at 50% of how well you could done it and not 100%.
There are a lot of online biz's teaching people how to manage money however, none of them really reach out to a specific niche. Here area couple of examples, divorced women who may not have worked or now have money but do not know how to manage it, seniors who need someone to manage their budget so they can live comfortable on the money they have in their retirement fund, students who just finished school and are now making money that they never had before. These are all niches within your areas of expertise. You can then sell affiliate products like financial software, the WA program. Rich Dad Poor Dad products and much more. Concentrate on people who have never had to budget or manage money before. Also, you will find the most personal satisfaction and reward from this group and your passion will grow and we all know what passion brings.... KACHING!
anyhow.... just off the top of my head- those came up.
check out this site to get some ideas http://maxworth.ca/
best,
Lori
Those are some really great ideas!! I have helped my parents out with their finances once they were forced into retirement, and a lot of the clients I used to have when I was negotiating debt, were newly divorced or on the verge of, and early twenties who just spent and spent.
Rich Dad is a great book and same with Gale from Until Debt do us part. I will definitely give all of this some serious thought!!
Thanks again Lori. I'm glad we've connected!! :)
anytime- feel free to come back again for more.... but let's continue by private message - best, Lori
Oh I am so glad you think so and that you took the time to let me know. That means a lot to me and is the reason I do these posts.
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Very helpful post thank you for sending this to me!!