In his latest blog entry, Dr.Mani Sivasubramanian talks on “How To Get Rich In Your Niche”. [”Think, Write & Retire’ Book’]


In his latest blog entry, Dr.Mani Sivasubramanian talks on “How To Get Rich In Your Niche”.

Dr.Mani says, “What is the single biggest mistake home-based business owners make? It is not that they don’t work hard enough, or mess up their marketing, or run out of cash. Their most serious error is choosing the wrong niche.

The Lure of Action

To many new home-based business owners, swinging into action right away is of the greatest importance. They seem to feel that anything that delays them from jumping in and creating new information products or building email lists or posting to their blog and driving a flood of traffic is wasteful.

But if you’re running at full speed in a direction opposite to where you want to go, you won’t get to your destination faster!

Patience is a Virtue

At least when it comes to picking a profitable niche, time invested in research and analysis will pay off richly. And if you are not naturally patient, you’ll just have to learn to be – because it is a virtue!

You may not magically stumble upon your ideal niche on the first try. Or even the first ten tries. It could take you weeks to discover what your best market niche is and to figure out the optimal way to go after it.

But if you try and take a shortcut past these important steps, you’ll end up delaying your success – often by months, if not years!

Use a System

To some, niche research is all about keywords. To others, it is about products available for sale. To the rest, it is a function of potential profits.

Good niche research is about all of these things – and more. In essence, your niche analysis should tell you:

– Is it a niche with potential?

– Are there prospective buyers in the niche?

– Are they already buying stuff online?

– What things are they looking to buy?

– Can they afford the prices you will charge?

– Can they be reached affordably with your marketing?

– How many others are involved in this niche?

– Who are your potential partners and associates?

Answer these questions before you take the first step to product creation, list building or blogging. That way, all your effort in your home-based business will be directed towards giving eager prospects a chance to buy what they already want and are anxiously seeking!”

“Think, Write & RETIRE!”, a popular coaching program by Dr.Mani, has helped hundreds of Internet infopreneurs turn words into massive wealth – easily. It is available as a print book from www.ThinkWriteRetire.com

*IMNewsWatch would like to thank Dr.Mani Sivasubramanian for granting permission to reprint his blog entry.

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