3 Ways To Find Out If Your Niche Is Profitable

Profitable Niche

I created my first infoproduct way back in 1997.

It was for a very small and specialized niche. Since then, that little ebook has sold over SEVEN HUNDRED copies. Even today, it sells a few every month – with no effort at all.

That didn’t happen because I was smart – but because I was lucky. Very lucky.

Intuitively I had picked a product that was in high demand by the target audience. One they simply had to have because it offered the solution to a pressing problem that couldn’t be solved in any other way.

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My 18 Biggest Lessons Learned In Life

Growing up

A year is a long time to learn life lessons. These lessons learned in life will transform, inspire and empower you to reach for your dreams – and succeed.

Here are the 6 biggest ones.

Lessons Learned In Life #1:

Friends Matter

Friends Matter

I passed out of medical school over 30 years ago. There were 204 students in my batch.

In the course of 2017, I met nearly 50 of them in person at least once.

That’s 25% of a group of friends I’ve known for three long decades!

It’s amazing.

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How To Find Your 1000 True Fans

1000 True Fans

Earn a living while doing what you love! 1000 true fans is still relevant. Stay focused on finding your thousand true fans… and win.

I remember my first business plan.

Well, to be honest, it wasn’t much of a business plan, because in 1995, I knew next to nothing about ‘business’. After reading an article about how critical it was to have one, I put pen to paper and jotted down some notes to myself.

And then,

I plugged numbers into a template.

For “Desired number of prospects or subscribers” I put “75,000”. If I could get 50 to 100 leads per day, and then work in a viral mechanism where readers invited new subscribers, this would happen within a year or two.

Under “Target number of customers” I wrote “25,000”. After all, with the quality of content and value I planned to deliver, it was likely to be more than one-third of my audience!

Remember, this was way back when email was killer.

We had ‘open’ rates in the 70% to 95% range, most readers being eager to see what was in their inbox. No spam, no email overload, no body part enlargement or lottery scam messages – yet.

And very quickly, even with my little knowledge about marketing, I grew an email list of 15,000 subscribers in a health niche.

Being A Digital Publisher

Every week, I would mail out an email newsletter or ezine. Two – or sometimes three – articles. News stories and updates. Links to authority content and valuable, informative resources. A ‘question and answer’ section. Readers loved it.

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5 Forces That Drive You To Succeed

The Drive To Succeed

“Every dream will be challenged!”

These powerful words from a mentor of mine have been burned in fire into my memory.

Rarely, a dream or goal comes true easily and effortlessly, without delays, problems or hurdles. More often, though, you have to overcome many obstacles and suffer some pain before achieving any meaningful target.

And the bigger your dreams, the tougher your challenge, the more ambitious your goals, the more likely it is that you will face difficulties on your way towards it.

When this happens, what will you do?

Will you just give up?

Or will you persist and struggle and succeed?

A lot of that depends upon your attitude and experience – how badly you want to succeed. Some of it depends upon your skills and network. And a tiny bit depends upon luck or chance.

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Books That Make You Think

Books That Make You Think

Over the years, I’ve read thousands of books.

Some shaped my thoughts and views, opinions and feelings – including novels like Margaret Mitchell‘s ‘Gone With The Wind

Gone With The Wind

And Mario Puzo‘s ‘The Godfather‘ which made a huge impact.

For decades, I could quote even lengthy passages verbatim from the book.

The Godfather by Mario Puzo

 

“Every man has but one destiny.”

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