The Entrepreneur Forum | Startups | Entrepreneurship | Starting a Business | Motivation | Success

One "Level" Up Rule - How to find a prof. niche

Remove ads while supporting the Unscripted philosophy...become an INSIDER.

Tomas J

New Contributor
I've Read UNSCRIPTED
Sep 11, 2018
29
15
22
25
After reading both TMF and UNSCRIPTED I was thinking a lot about various business ideas and I noticed a quite interesting thing.

Right now I am just starting my first business, so that's not based on any experience, it's just an idea I would like to discuss with some of you more experienced.

One "Level" Up Rule
Start in the area that interests you, ideally, it should be something that you are quite experienced with, let's presume that it is programming. Now, doing programming is more and more competitive so you would have a hard time to compete with others, but you can use this fact (there is a lot of programmers) as an advantage and provide some product/service for programmers. Basically, you go just one level up; you just look from a bigger perspective.

One other example can be Amazon FBA. You can start an FBA business and make money but you will have quite a hard time as it gets more and more competitive, but if you, once again, go just one level up you realize that can sell some software for FBA businesses (some tracks, chatbots etc.).

Of course, that rule doesn't stand alone, you always need to solve a real problem to create a profitable business, but I think that is a good "rule" you can apply to get a bigger perspective.

It can be applied as many times as you find reasonable - maybe you can solve some need of people who provide FBA sellers with software and so on...

This rule is definitely not a substitute for common sense etc. it's just something that can help you if you feel lost - always start with something you are familiar with and go one (or more?) level up.

I would be grateful for any reaction on this thread.
 

Don't like ads? Remove them while supporting the forum. Subscribe.

RazorCut

Legendary Contributor
EPIC CONTRIBUTOR
FASTLANE INSIDER
Read Millionaire Fastlane
I've Read UNSCRIPTED
Summit Attendee
Speedway Pass
May 3, 2014
1,854
6,351
1,496
England UK
Your "One "Level" Up Rule" has been around for a long time and is called 'selling shovels'. Taken from the California Gold Rush days where only a few prospectors struck it rich. However most of the people who made money back then were those who sold shovels, pans, picks, axes, jeans, tents etc. to the multitude of prospectors who turned up in their droves to chance their luck at striking gold.

There are many modern day equivalents, one is 'guru's' selling courses on building an Amazon FBA or Shopify store.
 
Last edited:

Create an account or login to comment

You must be a member in order to leave a comment

Create account

Create an account on our community. It's easy!

Log in

Already have an account? Log in here.

Sponsored Offers

  • Sticky
MARKETPLACE You Are One Call Away From Living Your Dream Life - LightHouse’s Accountability Program ⚡
Dropping a quick note in here to say... if you are on TFL, you are part of an elite group of...
  • Sticky
MARKETPLACE Fox's Web Design Guide: Earn $100K this year (Yes, 2020!) and Go Fastlane
Hey @Simon Angel thanks for the write up. I think there is a ton of potential in all areas...
  • Sticky
MARKETPLACE How To Create A 100K-1M+ Sales Funnel
@Lyinx lol man, okay. Just to make it clear to everyone else, I'm not involved with...
  • Sticky
MARKETPLACE KAK’s “Kill Bigger” Incubation Program- With DAILY personal attention.
I joined @Kak's business incubator in the first week of May. During our daily chats we uncovered...
  • Sticky
MARKETPLACE Lex DeVille's - Advanced Freelance Udemy Courses!
This is your May reminder that you can do this. I'll keep it short. These are the May promos...
  • Sticky
MARKETPLACE Grow Your Business With a Book (An Unorthodox Marketing Strategy That Built One of the Largest...
Thanks! This is a cool idea, actually. I would like to use your experience as I heard that these...
  • Sticky
FEATURED! Introducing... WEALTH EXPO$ED, A Short Story By MJ DeMarco
would this be available in paper version? I know it's short, but most of my family is...


Visit A Forum Sponsor
sponsor

New Topics

Fastlane Insiders

View the forum AD FREE.
Private, unindexed content
Detailed process/execution threads
Monthly conference calls with doers
Ideas needing execution, more!

Join Fastlane Insiders.

Top Bottom
AdBlock Detected - Please Disable

Yes, ads can be annoying. But please...

...to support the Unscripted/Fastlane mission (and to respect the immense amount of time needed to manage this forum) please DISABLE your ad-block. Thank you.

I've Disabled AdBlock