¶ Introduction to the Faith Based Business Podcast
Hello, everyone everywhere. Pastor Bob Timido here. Welcome to the faith based business podcast today. We're so blessed that you're joining us as we continue in our series on how to choose a niche. I believe this is day eight or so, and it's just a great opportunity for you to do a deep dive and how to zero in on your target market. Amen. Let's jump in.
¶ Choosing Your Niche: Finding Opportunity in Competition
We'll get started in today's session here because we want to talk about how to win even if you have strong competition. Praise God. So let's say a particular company appears to have a market totally locked up. I mean, they've got everything figured out.
¶ Identifying Unmet Needs in Your Market
And if that's the case, there's probably still unmet needs in that marketplace that the company or that individual is not taking care of. It's just they're not meeting all the needs. It's impossible. And if you can find out what those holes are in those unmet needs, you can have. You can create a brand new niche all by itself, just for you. Amen. So how do you do that? A great first step is just to collect subscribers in your niche.
You can run advertising, you can write some great content pieces, etcetera. Just get people to sign up to your listen, then send an email out asking them your new contacts. What are the two or three biggest problems in your niche? What questions do you have that you just keep stumbling over? And you'll get a lot of responses. You really will. And in the process of doing that, you'll begin to see some overlap.
Some people will respond with a lot of detail, and you can go back and forth with those people. Others will just give one or two word comments. But when you put it all together, you get a picture for what others are having issues with in that niche. Now, you use these ideas to create products and to break into that niche, even a niche where the competition has a tight hold on things.
¶ Market Research: Finding Your Audience
Amen. I mean, your market research can help you pinpoint where your market is hanging out online. So you know exactly where to find them and you can work to get them onto your list. And when you do this, folks, you're off and running. Amen. You can take all your Internet marketing information and say, this is proof that you'll be able to sell online.
But you could take all of the things I've been sharing with you thus far, and then another teacher shares with you and a third teacher shares with you. You can take all that information and set up your own shop online and nothing happens. It just doesn't work it did not work for you. It may have worked for someone else, it may have worked for brother Bob or Joe Schmo, but not you.
Or you could do none of this and just set up your own shop on fly fly by the seat of your pants, only to find that whatever it is that you did actually worked. Amen.
¶ Take Action: Start Your Journey Now
The bottom line is this. I'm a big believer in just getting out there and do it. I mean, just go for it, right? And find out what works. You're going to fall on your face a couple times, then you get something that works a little bit. Okay, let's focus on this a little bit more, see if we can refine it a little bit until you find that unique thing that's just for you. You know, a famous shoe manufacturer once said, just do it. Right. That's what you need to do. Just do it.
Do whatever it is you're trying to do. Get out there and set it up. Because if you have an interest in a topic, don't spend the next year or 18 months trying to figure out if this is the best topic for you. Don't do that. Some people take two, three, even five years, I've seen, trying to figure out what their niche is. And by the time they do and then work things to get it all set up, they find that all the competition has already beaten them to that particular market.
My favorite leadership quote of all time was given by General George Patton, George Patton Junior. And, you know, I've used it for over 40 years.
¶ The Importance of a Good Plan
I studied this guy extensively during my military time, and he said a good plan implemented now is a lot better than a perfect plan tried later. And I could not agree more. Amen. Remember, the low hanging fruit on the trees is the easiest fruit to pick. That's what you need to get the information you need and to get some sales generated so you have a little bit extra income to go ahead and do these advanced things later on. Amen. Don't let your competition beat you to the market on your idea.
Don't do that. Instead, get out there right now, today, put up a website, start finding, start targeting these visitors and just see what happens. Hit that subscribe button down below so you'll be notified next time that we're going to. Each and every time we issue a new episode, you'll be notified about it. Amen. Just drop down. Hit that subscribe button right now while you're thinking about. And be sure to jump over at faithcaster academy.com. faithcaster academy.com.
that's our training platform over there. All our members get all the training for free. I mean, it's part of their membership. All current training, all future training. Any webinars I do, any trainings I do, they all get access to it all for free as part of their membership. And it's not that much. Go check it out. Faithcaster academy.com. praise God. That's all the time we have for today.
¶ Conclusion: Be Blessed in All You Do
Let's pass the bow, reminding you once again to be blessed in all that you do.
