Posts Tagged ‘finding your niche’
It’s a lot easier to turn a ship that’s moving in the wrong direction than it is to turn a ship that’s not moving at all.
If you’ve been getting "analysis paralysis", scratching your head and trying to figure out what your direction is, just pick a purpose and start heading toward it. If you’re off course, the market will correct you.
If you’re not heading in the right direction, the market will quickly give you feedback that will help you adjust. Just don’t get overly concerned that what you decide today is going to be cast in stone.
Don’t worry about picking the wrong area or niche at first. Don’t worry if you find that you’re being called an expert on something that you don’t want to be known as the expert on.
Areas of expertise can change. But you can only change your direction if you have already set out in one to begin with.
Bob Burg is the author of a book called "Endless Referrals." He is now positioned as a referral expert and an expert on helping people to generate referrals for business.
When he first started out, his niche was memory experts. He noticed that people who took his memory courses wanted to improve their memory to remember the names of people they’d met at networking meetings and events. They wanted to improve their memory to achieve better business results.
As he spotted that connection, he started to focus more on being the referral expert. No one accused him of being a fraud because he was now a referral expert instead of a memory expert. The market let him know in which direction to steer his business.
When you set course in your chosen direction, look for niches and markets where it’s going to be easier for you to establish personal relationships and position yourself as an expert.
If the niche you do choose turns out to be an enormous amount of effort, you have to weigh whether or not it’s worth your while to continue down that road or take a different road to get business.
When Dan Kennedy, the marketing expert, was invited to submit a proposal to give a speech in Switzerland, he opted out. While plenty of other people would jump at the opportunity, and spend a day putting together a proposal to bid, that is not the way he wants to go after business. Perhaps it didn’t seem worthwhile to spend the time writing the proposal. The point is that you have to make the determination of how you want to do business.
Your niche will evolve with your business. It’s an actual evolution that happens in most any business. Look at my own situation. I started out as specializing, by trial and error, as a cold calling expert. But I didn’t stop at that. Today, I’m teaching people how to find new business and triple their income! The way in which I’m helping people and the types of people I’m helping is completely different from what I started out with.
But it’s turned out for the best for everyone!
Bernadette Doyle specializes in helping entrepreneurs attract a steady stream of ideal clients. If you want to get clients calling you instead of you calling them, sign up for her free weekly e-zine at http://www.clientmagnets.comTweet
There are many ways to become a client magnet. Here are 20 proven methods that will help you to achieve astonishing business results.
• Carefully choose the niche that you want to be known as an expert at.
• Learn everything there is to know about your declared area of expertise. Go through the experiences and learn the lessons, connect with a mentor and then put it into practice to be successful. Only then can you teach and help other people to do the same.
• Pick something that you're passionate about; when you're passionate, that really shows through.
• You will make a greater impact in a place where you genuinely have some value to offer.
• Realize that you don't have to try to get every person you ever encounter to become a client.
• Build your relationship with the people who have already "raised their hands" and expressed an interest in your product or service.
• Focus your effort and energy on people who are pre-qualified to buy. It is more pleasurable to work with and for them than to try to convert people who will never be interested or will never be qualified to buy your services.
• Approach your tasks with the right energy. A positive attitude will resonate with your clients; conversely, so will negativity.
• Be a congruent model for success by focusing on and being committed to your prospects and clients.
• Use one-to-many methods for connecting with clients and offering services, as much as possible.
• Put systems in place to start building your list. Then continue to grow and improve your lead generation systems.
• Know the principles behind offering ethical bribes, such as a free report, and have processes in place to handle responses.
• Incite a call to action by creating a sense of urgency for people to sign up with you or purchase your offer. Deadlines work well for this.
• Don't underestimate the value of affiliates and joint venture partnerships.
• Be consistent. Systematize and automate your process so that you can make money even when you aren't working.
• Use articles, teleseminars and social media to increase your exposure and the perception of you as an expert.
• Use quality software to build and maintain your websites and blogs.
• Always offer an upgrade with every sale.
• Build relationships by following up with the people you meet at networking events right after the event.
• Offer something for free or do a product giveaway at an event, collecting contact information in exchange for entry.
Implementing just some of these strategies today will add many more prospects to your list and take you closer to a more profitable business. When you've applied them all, you will be a true client magnet.Tweet
"Knowledge will not attract money unless it's organized and intelligently directed through practical plans and action." Napoleon Hill, from Think and Grow Rich.
I love this quote. It's true that all of the knowledge, skill and expertise in the world won't make you money and turn your vision into reality unless you have an actual plan for how to use them.
Before you can formulate your plan, however, you need to start first with your vision. You have to really see where you want your business to go.
The following questions will help you to plan to reach your business goals by first giving you a clear mental image of what those goals are.
How much money do you want to make?
Name your revenue goal for this year. You have to put a figure on it. When you voice that goal, don't phrase it in the form of a question. You're not asking someone's permission to make that money. State, out loud, what you want to make.
If that figure is in your head, if it's in your heart, and if it's something you've been dreaming of, it's absolutely achievable. Doreen Virtue says that God doesn't give us our dreams without the ability to make them real.
So whatever the figure is, you have to name it to claim it.
Rather than naming a general, round figure – 100,000, a quarter-of-a million, or a million – be more specific. Round figures aren't real enough for you. Calculate what your dream life would cost you, and then cost it out. It's rarely going to be a round number. So, get really clear on your revenue goals.
What kind of lifestyle do you want to live?
Think about your lifestyle goals. How much do you want to be working? For example, do you want to take extended vacations and not work for a couple of months?
I decided last year that I didn't want to work more than three days a week. And now, I don't. There are plenty of things that will test your decision. You have to decide what's right for you, and get it down on paper. Remember, the point is to visualize how you want things to be.
Will your business make a significant impact?
Finally, your vision is probably not solely about serving yourself. I'm willing to bet that it's not only about money and a nice lifestyle, although these are great to have.
I believe that all of us are here to make a difference.
What are your impact goals? Know who the people are that you want to serve and what contribution you want to make. What do you want to be remembered for?
Mapping out your vision of your business, in your mind's eye and on paper, will give you a good idea of what you want your business to look like.
The mental image and visual reinforcement will help you to develop a plan for making your vision a reality.
Bernadette Doyle is a marketing specialist who helps entrepreneurs become client magnets and attract a steady stream of their ideal clients. She publishes a free, weekly newsletter for trainers, speakers, coaches, consultants, complementary therapists and solo professionals. If you’d like to receive invaluable tips and advice on how to attract clients with ease, register at http://www.clientmagnets.comTweet