Key Mistakes Entrepreneurs Make When Selecting a Niche EP231


Don’t make this mistake when selecting your niche.

Before I get into this, I pronounce niche like rich, simply because it’s more fun.

Most people associate “finding a niche,” with getting really specific about what they do, unfortunately, specific doesn’t necessarily equal profitable.

Some of your niches can seem ON POINT (because they sound specific), but they are making zero dollars, so we are going to fix this today.

$0 Example: I’m a mindset coach and I teach you how to de-stress and find inner peace and joy

Yes this is specific, but it isn’t tangible.

People only buy what they: 1. Believe they need 2. Something that feels tangible

By tangible I mean, it is clear AF what they will be getting if they work with you, if they buy your course, if they attend your event.

$$$ Example: I’m a mindset coach. I teach you how to re-structure your schedule and set boundaries, so you can achieve your personal goals.

If you niche sounds too grand, too vague, and too good to be true, people won’t trust it and therefor won’t buy it.

Exercise for you: List out all of the tangible results your ideal client will get if they follow your guidance, get the treatment you provide, buy your product, etc…

Pick the top two tangible results your ideal client will rave about the most, and niche on those!

Now go listen to this podcast episode and I’ll break all of this down for you, plus I’ll give you a many more examples.

Welcome to ProjectME the Podcast with your host Tiffany Carter, who takes the mystery out of making BIG money. A former NBC and CBS TV journalist, turned multi-millionaire entrepreneur, teaching you all things wealth, health, worth, and business. You can follow Tiffany on Instagram @projectme_with_tiffany  on Facebook @projectmewithtiffany and watch her TV episodes on ProjectME TV with Tiffany Carter on YouTube.

Recent Episodes

Ep 832 People Are Watching Your Content… So Why Aren’t They Buying? | 30-Day Online Sales Sprint: Part 3

If you’re getting views, likes, comments, and DMs saying “I love your content,” but your online sales don’t match, you don’t need a bigger audience. You need content that moves the people already watching toward a purchase.

This is the final episode of the 30-Day Online Sales Sprint, a three-part series to help online business owners increase sales before the end of the year by locking in on three things for the next 30 days.

LISTEN NOW »

Ep 831 How to Get More Customers Online (Attract the Right People to Your Business) | 30-Day Online Sales Sprint: Part 2

How do you get more customers online? Not by chasing more views or followers. In Part 2 of my 30-Day Online Sales Sprint, I’m showing you how to attract the right people to your online business: the ones most likely to buy what you sell.

If you’re posting consistently and growing an audience but your online sales aren’t growing with it, the problem usually isn’t reach. It’s who your content is attracting.

New here? The 30-Day Online Sales Sprint is a three-part series to help online business owners increase sales before the end of the year by locking in on three things for the next 30 days, instead of adding more marketing strategies. Start with Part 1: 3 Things to Do This Month to Get More People Buying From Your Online Business.

LISTEN NOW »

Ep 830 3 Things to Do This Month to Get More People Buying From Your Online Business | 30-Day Online Sales Sprint: Part 1

You’re creating content, talking about your offers, showing up online, and doing what you’ve been told will grow your business—but the sales still aren’t matching the amount of effort you’re putting in.

So what do you actually need to focus on if you want to get more customers and increase online sales without adding even more to your plate?
That’s what we’re tackling in Part 1 of my 30-Day Online Sales Sprint.

Instead of giving you another giant list of marketing strategies to try, I’m narrowing it down to three things to focus on for the next 30 days. Because when sales slow down, one of the biggest mistakes online business owners make is assuming they need to do MORE: more content, more platforms, more offers, more posting.

Before you add anything, you need to understand where the actual breakdown is happening between someone discovering your business and eventually paying you.

LISTEN NOW »