I have always found that you need to have certain Independence to your character. You need to show people that you are Self-Confident. Most entrepreneurial spirits are discontent when working in large organizations, especially where their authority and control over production is minimal. This is not a bad thing in this case but most entrepreneurs are control freaks and perfectionists. They generally believe that they can achieve a better result if they are personally in control of the production process. In order words they are the people who started the saying that if you want something done right, do it yourself.
It is a most that you be realistic and at the same time positive? How can you be both you ask. Well you just have to. You can be positive and think that you will be successful in your first year but realistic and know that you will not necessarily become a multi millionaire in that first year. You really need to lean and accept that life isn't perfect. When life gives an you lemons, turn them into lemonade, open a little stand and sell it at 10 cents a glass plus shipping and handling. If you hit a snag or a major setback (and you will) take it as a challenged rather than getting discouraged and quitting then spend the rest of time wondering what could have been.
Be willing to take moderate risks. A common myth about entrepreneurs is their tendency to engage in risky behavior. Nothing is further from the truth. Successful entrepreneurs
carefully evaluate risk in terms of the potential rewards and the realistic odds of realizing those rewards. I'm a big Dallas Cowboys fan and if you want to hear a man, who probably invented taking risks, read up on their owner Jerry Jones. Truly, truly an amazing entrepreneur and risk taker. Now you don't have to be like him to succeed on the net but it's important that we learn the mindset of successful people. People like Donald Trump, Jerry Jones, Bill Gates, Tiger Woods?.all have been somewhat successful in what they do.
One last point is small business success is 90% due to perseverance. Desire and determination fuels an entrepreneur's ability to tough out the early days when large
investments of time, money and energy bring minimal return. Perseverance is the characteristic that ensures survival during bad times and keeps entrepreneurs focused on the road to success.
We all have it in us. There were no bigger wimps than me growing up and I made it. You can too?Have some hope and take advantage of the opportunities that present themselves to you.
Come Holy Spirit I Need You
When we refer to a niche in marketing, we refer to a product or service that occupies a specific area of need or demand for either an as yet unmet (very rare), or underfulfilled (more common) customer need. To be able to fulfill this need, and to attract a good solid market, the choice of niche product should ideally relate to or complement your website.
OR SHOULD IT?
No, it's absolutely no good at all finding a product that you think will sell and then create a website to promote and sell it. FIND YOUR NICHE FIRST. That way you know you will already have a marketplace that is actively searching for what you have. Now that makes more sense doesn't it?
Think about it. Afew years ago I developed an interest in amateur radio, (bear with me, this is relevant), so what did I do? Well first of all I went out and bought every magazine I could find relating to amateur radio. In those magazines were advertisements for plans, components, radio clubs, allsorts in fact to do with amateur radio. Of course I bought loads of stuff. I was keen, enthusiastic and I was a dream to sell to in that niche. I had a need, and the amateur radio niche fulfilled it.
That was in the days before internet marketing was even thought of, but current technology makes it very easy for us to exploit niches. There are literally thousands of niches out there. You need a niche that is sufficiently large to give you a ready supply of needy customers, but not so large that there are hundreds of companies out there already giving them what they want. Of course by definition, that would no longer be a niche market. Competition is beneficial, but only in small doses.
There are niches for almost anything you can think of, collectors of watch straps, old dental equipment, and yes, amateur radio. In internet marketing we can think of a subject. Preferably, at first, something you yourself are interested in, and have some knowledge of, lets say belt-buckles. You go to www.freekeywords.com and use the free online keyword tool to enter belt-buckles. OK I'll save you the time. I just did that and find that just over 2500 searches were made yesterday for that term, this is broken down furthur into sub categories such as confederate belt buckles. Anyway 2500 searches is about right, you don't want more than about 4000 daily and not really less than 1000, These are people who are actively searching for either information or the actual item.
It can't be too hard to do a bit of research and put together an e-book all about collecting belt buckles, or a series of articles that could be sold as a newsletter. Or even if you wish find suppliers of belt buckles and sell the actual thing itself. Not too large and heavy to post and thousands of different ones. Then you put your site together and promote that (the subject of another article) and wait for your niche market to come to you.
Your customers are out there, and actively looking for what you can supply them with. Now isn't that a better way to do things. Do you need niche marketing? You betcha!
Both David Mclauchlan & Chris Haycock are contributors for EditorialToday. The above articles have been edited for relevancy and timeliness. All write-ups, reviews, tips and guides published by EditorialToday.com and its partners or affiliates are for informational purposes only. They should not be used for any legal or any other type of advice. We do not endorse any author, contributor, writer or article posted by our team.
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