- Joined
- Jan 13, 2014
- Messages
- 47
Rep Bank
$355
$355
User Power: 111%
Hello
If all of your knowledge about industries / markets / demands / needs and wants /, and all of your interests, passions and skills were removed, and you were left with just one thing, and that was your knowledge about how to do business, how to understand what is going on in the markets, industries, how to find out what is going on in trends, and you had one thing repeating in your mind, which is "Start with the Who".
What would you do?
How would you go about finding out the information you would need in order to provide value in an area where it is lacking, or perhaps, for starters just compare the different types of businesses out there so that you can make a decision as to which topic/market you should enter, while ignoring your very own, passions, skills etc, and focusing solely on the needs, wants and problems of others, so that when you have this information you can then go about learning the necessary things which will help you solve these problems?
I have been reading forums, books and articles for the past few months now, and the question I had in mind was completely wrong. I was searching for guides for doing market research, whereas all along I should have been searching for guides on how to gain market intelligence.
I feel as though there must be a systematic way to approach this type of research. I feel as though there are simply too many things going on in the world to just hope I am reading the right stuff.
I am certainly not ready to go into business for a variety of reasons, lack of money, lack of knowledge, I am not even sure yet what I could specialize in, I have only been studying marketing and business books all along, and of the most valuable things I have learned is to be in business for the WHO, basically finding out how I could solve other peoples problems, and helping other people improve any aspect of their lives, businesses, health, technology or whatever it may be. What I am aiming to do is find a niche / market and become knowledgeable and skilled in that field, so that I can eventually provide value.
My main question here is, how could I approach the acquisition of market intelligence? Rather than simply starting with my own interests, typing something into Google and randomly looking at loads of websites one after the other, is there a proven strategic way of doing this?
Any advice would be greatly appreciated. Also, if you can think of any books that would be helpful for this please suggest.
Thank you
If all of your knowledge about industries / markets / demands / needs and wants /, and all of your interests, passions and skills were removed, and you were left with just one thing, and that was your knowledge about how to do business, how to understand what is going on in the markets, industries, how to find out what is going on in trends, and you had one thing repeating in your mind, which is "Start with the Who".
What would you do?
How would you go about finding out the information you would need in order to provide value in an area where it is lacking, or perhaps, for starters just compare the different types of businesses out there so that you can make a decision as to which topic/market you should enter, while ignoring your very own, passions, skills etc, and focusing solely on the needs, wants and problems of others, so that when you have this information you can then go about learning the necessary things which will help you solve these problems?
I have been reading forums, books and articles for the past few months now, and the question I had in mind was completely wrong. I was searching for guides for doing market research, whereas all along I should have been searching for guides on how to gain market intelligence.
I feel as though there must be a systematic way to approach this type of research. I feel as though there are simply too many things going on in the world to just hope I am reading the right stuff.
I am certainly not ready to go into business for a variety of reasons, lack of money, lack of knowledge, I am not even sure yet what I could specialize in, I have only been studying marketing and business books all along, and of the most valuable things I have learned is to be in business for the WHO, basically finding out how I could solve other peoples problems, and helping other people improve any aspect of their lives, businesses, health, technology or whatever it may be. What I am aiming to do is find a niche / market and become knowledgeable and skilled in that field, so that I can eventually provide value.
My main question here is, how could I approach the acquisition of market intelligence? Rather than simply starting with my own interests, typing something into Google and randomly looking at loads of websites one after the other, is there a proven strategic way of doing this?
Any advice would be greatly appreciated. Also, if you can think of any books that would be helpful for this please suggest.
Thank you
Dislike ads? Become a Fastlane member:
Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)
Access Restricted: Unlock 1,000,000+ Posts
Stop Peeking Through the Keyhole.
Open the Door.
You hit a wall because the best advice isn't free—it's earned. Since 2007, MJ DeMarco has been active here daily (99.9% active rate), building a war room for entrepreneurs who refuse to settle for mediocrity.
- Active Daily: Life-changing content posted dozens of times every day. No dead threads.
- MJ's Inner Circle: Direct access to the author of The Millionaire Fastlane.
- Vetted Network: Connect with founders scaling to 7 and 8 figures.
- Proven Roadmaps: Strategy over motivation. Execution over "hustle porn."
"SCALED TO 6-FIGURE MONTHS"
"Tips and advice here saved me from huge mistakes, others allowed me to scale my business to 6-figure months."— User MitchC
"INSANE QUALITY OF PEOPLE"
"The number of high quality people I've met from this forum has been insane. All of it predicated on building real value."— User Richard Peck
"You are the average of the five people you surround yourself with."
Are you surrounding yourself with success?
