Nail Your Niche: How to find a profitable niche for your creative business in 8 easy steps
[Creative Freedom S5E8]
You've probably heard the phrase "riches in niches" more times than you care to count. As a creative entrepreneur, finding a niche can feel challenging if you don't solve a "problem" or "pain" with your Great Work.
That's why I don't support the idea of looking for a pain to solve, but instead, looking at core values - which are a clearer indicator of why clients buy from you (and keep buying from you for years to come). In this episode, I'm stealin' a process from the manufacturing world to help you hone in on why clients buy from you and how to find more clients just like 'em.
Listen To The Podcast
Podcast Show Notes
1:34 Why getting super specific in your niche (target market) might be problematic when you're just getting started.
4:35 The Six Sigma tool that helps you find the real reasons why your clients buy from you.
10:00 How to triangulate your best clients through "people types" that match your core values.
11:25 Two questions to ask your potential audience to help narrow your niche and avoid working in an unprofitable market.
14:45 Why paying for ads might not be a good idea with a new niche
19:35 How to test your new niche and how to know if you've picked the wrong one
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Facebook Twitter Buffer Pinterest LinkedIn This is Season Four, Episode Six. This is the next logical step after our last episode. Once you get clear that it's time to raise your rates, how, exactly do you go about raising them? Have a listen to this week's episode, where I walk you through a few different approaches, […]
This is bonus episode 6 where we begin our conversation about the Business Hierarchy of Needs and the lowest level of the hierarchy: Sales.
The Business Hierarchy of needs is a concept developed by Mike Michalowicz, author of the upcoming book, Fix This Next. I'm a certified Fix This Next advisor, licensed to share this information before the book launches.