amp0193
Legendary Contributor
FASTLANE INSIDER
EPIC CONTRIBUTOR
Read Fastlane!
Read Unscripted!
Summit Attendee
Speedway Pass
I think you're getting ahead of yourself here.
It's not just "pick a niche and go".
Start with one product where you see an opportunity. One product, targeted towards one sub-segment of the market, that you can be the best at.
Look for things people are complaining about. Things they wish were different about their current solution. And then figure out how to make it bigger.
That's now a solid idea. Now that you have that, take a step back and look at the niche as a whole. After you get this product rolling, do you see a path forward for expansion in the niche... or is this going to be a one and done thing? You want to think long-term.
You don't necessarily have to know anything about your niche before starting. But you're going to need to dedicate yourself to becoming an expert, if you want to achieve any success.
It's not just "pick a niche and go".
Start with one product where you see an opportunity. One product, targeted towards one sub-segment of the market, that you can be the best at.
Look for things people are complaining about. Things they wish were different about their current solution. And then figure out how to make it bigger.
That's now a solid idea. Now that you have that, take a step back and look at the niche as a whole. After you get this product rolling, do you see a path forward for expansion in the niche... or is this going to be a one and done thing? You want to think long-term.
You don't necessarily have to know anything about your niche before starting. But you're going to need to dedicate yourself to becoming an expert, if you want to achieve any success.