I read the 4 hour workweek 3 months ago and since have been thinking about eCommerce.
I've read most free guides out there (most discussed in a recent post) but am stuck with finding a niche. I just can't come up with anything that would remotely be able to generate even a quarter of my current salary.
I've been stuck for weeks now consistently brainstorming and reading articles and feel I'm just wasting my time with the approach.
Then I started thinking. Most paying guides out there advertise how much revenue they generate and how they are writing guides to help others enjoy the same lifestyle they were given by other coaches.
Why don't I ever see an actual profit number? 1mios USD in revenue is great. But if it only generates 5k USD in profit its pretty worthless.
If these coaches are making so much money working 2 hours a day, why would they be selling their guides if they re that willing to "give back"?
Is the real money in selling guides that tell you how to make money?
Or maybe I'm just not ready to be an entrepreneur?
Or maybe the whole process is much more complicated and should concentrate on a real business idea rather than searching a niche product to sell.