If you want to build a business that can generate enough dependable revenue to free you from your full-time job, it needs to solve real problems for real people. Chasing pure market opportunities that you’re not qualified to address will lead to nothing but dead-ends in the long run. I’m talking about “businesses” like affiliate websites that don’t add any real value to readers and import/export operations with products you don’t understand or personally care about.
You’re here because you want to build a meaningful business that engages your strongest interests. That business needs to operate in a profitable niche where you’ll be able to help people overcome very specific challenges.
Today’s worksheet will guide you to discovering a profitable niche that you’re interested in—a winning combination that’ll create a solid foundation for your business.
Lesson 1: Discovering a Profitable Niche & Estimating Demand
In today’s worksheet, you’ll go through a series of self-evaluation questions that’ll help you identify your strongest areas of interest. After ranking and deciding upon your top 3 interest areas, you’ll use 2 highly effective online research tools to observe competitors and estimate how much market demand there is for solutions within your niche. Then by the end of this worksheet, you’ll have a well-defined niche with a clear expectation of how many people fit within your target market. During the next lesson of the course, you’ll be uncovering your strongest skills and learning which types of solutions you’re uniquely qualified to create. Download today’s worksheet right here (you’ll need to access from a computer in order to fill out the worksheet).
1. Time to completion:
Today’s worksheet should take you anywhere between 30 – 90 minutes to complete and by the end, you’ll have a clearly defined niche for your business to operate in—along with an estimate of how many people fit within your target market. These are your future potential customers.
2. What comes next:
Tomorrow, you’ll get an email from me with access to the next lesson. If you quickly finish this worksheet (or already know the niche you want to work with) and want to get a head start, you can move on to Lesson 2 right here.
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