LOST - Finding my Niche

16 replies
Hi everybody, this is my first post so I think it's in order to introduce myself.

I'm 21 - Zachary from Australia and until this January this year I had no idea about IM/Blogging/SEO.

What changed that was several blogs including entrepreneurs-journey.com. It seemed to open up a whole new level of potential I once thought I would never achieve, as you can expect this excited me greatly.

At the time I was doing bookkeeping for my parents online company and one day I decided to see if I could implement the knowledge I had learned from said blogs. I remember my first initiative very well as I was able to multiple their lead generation by 10x. It was just some simple things I had learned from Yaro Starak's free material... I started thinking, wow is it really this easy? Am I actually able to do this?

Fast forward six months which I have spent mostly researching, trying to cement and expand my knowledge base. I have hit a point where I know I need to take action.

Aside from all the others factors that cause me to not take action (procrastination, analysis paralysis, negative thinking). There is 1 that is holding me back. What niche can I start in?

I ask myself the following questions:

What value can I provide to others?
What frustrations or problems can I alleviate?
What do I know that others would pay money for?


But I come back with nothing,

I ask myself:

What could I talk about for days and never grow tired of? (Passions)

Self development: (My parents online business is in this niche. But it's a micro niche that doesn't apply to me)

-At 21 years of age my credibility in this field would be sub par in my opinion. unless I applied to community younger than myself, but how many teenagers care about self development?

Gaming (I spent the majority of my adolescence playing games)

-Not very lucrative
-So many competitors that offer value for free
-Low capacity for list building


I'm not sure what guidance could assist my situation. I feel like I almost need reassurance, after months not taking action I am starting to doubt myself a lot.

If anyone has anything to offer I'd be very thankful.
Thanks, and I look forward to building a relationship with this community. (Which is one of my initiatives toward taking action)
#finding #lost #niche
  • Profile picture of the author travlinguy
    I'm not sure how you come to the conclusion that gaming is not very lucrative. It's a multi-billion dollar market. I actually see the answer to your question within your post.

    If you have any background in self development use it. In fact, if you're as smart as you appear to be you can actually create your own niche. Self development for gamers.

    Don't laugh. Think of what gamers want. One of the things they want is to be bigshots in the eyes of other gamers. It's about pride and ego. Play to that.

    Why not develop something like Total And Complete Mind Control For Gamers...

    Obviously that's not going to be the actual title but I think you get it. I can already see the bullet points:

    How To Easily Get Into The Zone For The Untimate Gaming Experience
    Punish Your Competition With This Simple Mind Control Technique

    See what I'm saying? All you have to do is marry the two concepts together and create your own thing. Self help techniques are universal and apply to all areas of life, including gaming. You might not want to use the exact language I've used because it's not the lingo of your audience. I'd expect you know how to approach them though.

    Hey, I dare you to run with this and earn a million within 24 months.
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    • Profile picture of the author pmbrent
      Originally Posted by travlinguy View Post

      I'm not sure how you come to the conclusion that gaming is not very lucrative. It's a multi-billion dollar market. I actually see the answer to your question within your post.

      If you have any background in self development use it. In fact, if you're as smart as you appear to be you can actually create your own niche. Self development for gamers.

      Don't laugh. Think of what gamers want. One of the things they want is to be bigshots in the eyes of other gamers. It's about pride and ego. Play to that.

      Why not develop something like Total And Complete Mind Control For Gamers...

      Obviously that's not going to be the actual title but I think you get it. I can already see the bullet points:

      How To Easily Get Into The Zone For The Untimate Gaming Experience
      Punish Your Competition With This Simple Mind Control Technique

      See what I'm saying? All you have to do is marry the two concepts together and create your own thing. Self help techniques are universal and apply to all areas of life, including gaming. You might not want to use the exact language I've used because it's not the lingo of your audience. I'd expect you know how to approach them though.

      Hey, I dare you to run with this and earn a million within 24 months.
      Your absolutely right about it being a multi billion dollar industry it's one that I'm going into myself just haven't had the time to launch a site...but you do have some great ideas maybe you two should partner up and develop the product .
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  • Profile picture of the author John Romaine
    Yaros a nice bloke. I tried to convince him to come to the gym with me, but he declined. I think he was worried

    Steven made a great post about finding a niche just recently, but for the life of me, I cant find it.

    (Ill keep looking)
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  • Profile picture of the author TroelsJepsen
    Are your parents business in a subniche of the self development niche, since you speak of it as a microniche? I consider the self development niche to be a rather big one. I haven't promoted anything in it personally but I imagine that there are a lot of people hungry to buy in it.

    Also you say, that people are not willing to buy from you in this niche because you are young. Is that something you know or just something you assume? I can imagine that you might run in to some skepticism, but if you provide valuable information I don't see why you shouldn't be able to sell in this niche.

    It's my impression that the seduction/dating niche has a ton of males in their twenties just like you (and me for that matter) that are also interested in self development. This might be a good place to start to look for potential customers if you decide to go with self development as they are more likely to identify with you than business owners in their forties :-)

    Troels
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    • Profile picture of the author Zachary Evans
      Originally Posted by travlinguy View Post

      I'm not sure how you come to the conclusion that gaming is not very lucrative. It's a multi-billion dollar market. I actually see the answer to your question within your post.

      If you have any background in self development use it. In fact, if you're as smart as you appear to be you can actually create your own niche. Self development for gamers.

      Don't laugh. Think of what gamers want. One of the things they want is to be bigshots in the eyes of other gamers. It's about pride and ego. Play to that.

      Why not develop something like Total And Complete Mind Control For Gamers...

      Obviously that's not going to be the actual title but I think you get it. I can already see the bullet points:

      How To Easily Get Into The Zone For The Untimate Gaming Experience
      Punish Your Competition With This Simple Mind Control Technique

      See what I'm saying? All you have to do is marry the two concepts together and create your own thing. Self help techniques are universal and apply to all areas of life, including gaming. You might not want to use the exact language I've used because it's not the lingo of your audience. I'd expect you know how to approach them though.

      Hey, I dare you to run with this and earn a million within 24 months.

      Travlinguy, I will say I like your thinking and will investigate this. I have thought about marrying up these 2 before but I was never able to clearly see how they could go together.

      I'd just like to clear something up. I am not under the impression that the gaming industry itself isn't lucrative but the area I was initially planning to pursue - Providing help/strategies/tutorials for players. Perhaps I am thinking to narrowly?


      Originally Posted by TroelsJepsen View Post

      Are your parents business in a subniche of the self development niche, since you speak of it as a microniche? I consider the self development niche to be a rather big one. I haven't promoted anything in it personally but I imagine that there are a lot of people hungry to buy in it.

      Also you say, that people are not willing to buy from you in this niche because you are young. Is that something you know or just something you assume? I can imagine that you might run in to some skepticism, but if you provide valuable information I don't see why you shouldn't be able to sell in this niche.

      It's my impression that the seduction/dating niche has a ton of males in their twenties just like you (and me for that matter) that are also interested in self development. This might be a good place to start to look for potential customers if you decide to go with self development as they are more likely to identify with you than business owners in their forties :-)

      Troels
      Yes my parents business is in a sub-niche of self-development (sorry for the terminology error there.)

      Yes this is something I assume - Unfortunately I am my own worst enemy most of the time and tend to make assumptions that hold me back. (You can probably see why I haven't found my niche yet)

      Thanks for insight Troels
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  • Profile picture of the author mrdanilodiaz
    Hi Zachary,
    I understand your frustrations.

    Deciding for a niche that is within your interest is not a problem.
    To make a success online, you just need to find a niche that is profitable, low seo competition, and available in exact match .com, .org, or .net domain.



    I’m not sure if this is okay on WF, but we are offering a niche research service that could help solve your problem.


    If you are interested, you can contact us using our website PayPoy.com or our Elance profile.
    I will submit a proposal to you. Just tell me the topic or niche your interested in.


    See you tomorrow.
    Thanks
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  • Profile picture of the author sscot
    Zachary, around which subject area, you have a considerable knowledge at the moment? select it as your niche. Next, search internet and find what it's doing by other internet marketers who are familiar with same subject area. Learn form them and start something own.

    Internet marketing isn't a simple task but anybody can achieve success after honest dedication and hard working (100% guaranteed).
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    • Profile picture of the author BrianTomlinson
      Zachary, I think that you are on the right path. The funny thing is that you already know that you are the one holding yourself back. I'ver personally struggled with that before and I'll tell you that you really have to get to point where you truly understand your "Why" and make that decision to take action.

      You already have all of the answers and you know what you need to do. Just accept the fact that you do already know quite a bit and move forward.

      You'll be good to go bro!
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  • Profile picture of the author BenFromSoMo
    Sometimes if you really do understand a niche, the competition will not matter because you can just provide content that nobody else can. I find that the bulk of the competition in any niche are people that are really only hoping they get it right from a copy point of view and because of this are not capable of really pushing the envelope in terms of interesting content. If you do not know something, you can be vague enough that nobody will ever realize your novice qualities, but if you are an expert, you have no issues pushing the envelope.
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    If you do any kind of blogging and want to try the next big thing, PM me.

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  • Profile picture of the author John Romaine
    Dude...two questions...

    1. How tough are you mentally?
    2. Where in OZ are you?
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    • Profile picture of the author Zachary Evans
      Originally Posted by ramone_johnny View Post

      Dude...two questions...

      1. How tough are you mentally?
      2. Where in OZ are you?
      I am not sure what you define mental toughness as, but I am capable of overcoming hardships and growing/learning from them.

      I live in South eastern suburbs of Melbourne. Can I ask, why these questions Ramone?


      Thanks to everyone who provided their insight and inspiration, I am getting close to taking action!
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      • Profile picture of the author Mike Francis
        Zachary,
        I think a lot of people (including myself) have been in this position. You just can't commit to one niche idea and you talk yourself out of any that you consider. I did this for over 2 years!

        One piece of advice that I got that really helped me out is this: As long as your idea is within a subject area that you are really interested in, just do it! It doesn't mean that you are stuck working in that niche for the rest of your life!

        Try it out and really work hard toward making it a success. If after a while it isn't working out or you are miserable, make a course correction. Maybe you just approach the topic from a different angle or maybe you switch to a totally different topic, but until you actually start doing something you will never know.

        You've probably read about failing and how you should fail fast and just get on to the next thing. It's kind of like that. Try out your idea for a month. If you end of hating it, move on to something else.

        I hope this helps at least a little bit!

        Good luck!
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  • Profile picture of the author benbro
    Hi Zachary, I understand your frustrations. Finding your niche often takes lots of patience. Besides the obvious stuff like going with your passions perhaps you should ask yourself where you get the most complements from family and friends. Also, sometimes it happens in life that the thing you' re really good at is not the same as the thing you really like(the good Lord has a great sense of humor like that). If this happens to be you don't worry you can use it to your advantage.

    For example, people tell me my writing is really good. So my main source of income is based heavily upon writing articles and blog posts. However, truth be told these things come nowhere near the top of my list of favorite things. But I've been able to find and work towards my true passion, which is branding and marketing strategy, as I've earned money through writing.

    Perhaps this is you. If it is you should be able to find work relatively easy in the thing you're really good at. Do this and don't look back. Good luck on your journey and Godspeed.
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  • Profile picture of the author benbro
    One thing I wanted to add Zachary is that in this industry youth is much more of a plus than a deterrent because many older folks naturally assume that if you're young then you must know what you're re talking about on anything web related. And likewise if you were old I'd tell you to brand ur age as wisdom. The lesson being that as the entrepreneur its up to you to turn your perceived weaknesses into strengths...hope that helps partner!
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    • Profile picture of the author Ray Erdmann
      Zachary,

      A few months ago, while browsing Youtube, I stumbled across one of the 1,000's (I'm sure there's this many) of "self help" videos and one in particular really caught me by surprise and I found myself watching the 4 or 5 minute vidoe all the way through.

      Funny thing about the video, as I'm watching it, were the following attributes:
      1. The topic (Honestly forget what it was, but I'll try and find the video) touched that inner emotion that I had been having myself for some time!

      2. The presenter had such conviction about the topic he was talking about, I thought I was in a southern baptist church, being filled w/the Holy Ghost!

      3. The presenter was, I'm sure, a whole lot younger then me...but his age wasn't something I was focused on.

      Thus, don't shoot yourself down on thinking that just because you're a certain age, that the information and/or experiences you have can't or won't benefit someone who is much younger then you.

      Do you think that Tony Robbins let his age stop him from being a motivational speaker when he first started out? I think not!

      As far as finding something that you're passionate about...try this;

      If tomorrow came around and you found out that you had the winning Lottery ticket, what would you find yourself doing once you had all your financial obligations spoken for? You know, paying off your credit card debt, if any. Taking care of your mum and dad's retirment. Buying yourself a house., etc., etc.

      Once all those little things were over and done...and you now had time to 'just chill out'....what would you be doing to pass the time each day?

      Whatever that would be...Should be the niche you should go with now and build upon!

      I did that little test myself not too long ago and I've actually found a nice niche that I think is going to produce a nice little, albeit consistent, income for me.

      What niche is that?

      I'll just say it's a sub-niche within the "RV/Motorhome" arena.

      HTH


      Cheers,


      Ray
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  • Profile picture of the author azmanar
    Hi,

    Imposing ourselves to 1 niche alone is self-exile from more opportunities.

    What we need to do is focus on 1 niche, implement all the strategies and move on to another.

    While doing the other, track performance on the previous niche. Do improvements and move on.

    If we really are into one niche alone, then expand that into several subniches. Treat each subniche with its very own strategies like a stand alone niche.

    For example. If our niche is photography, then related subniches would be underwater, wild-life, events, sports, wedding, child, city life, indoor, travel, investigative, night, forensic, journalistic, magazine, studio, modelling, product photography and etc.

    Each subniche has its own set of info such as style, tools, equipment, service, camera, filter, lighting, lenses, speed, skills, training schools, experience, samples, editing, software, best methods, angles, career, audience, enthusiasts, forums, associations, exhibitions, displays, awards, stock photo and much more.

    Imagine the opportunities from each subniche alone.

    Otherwise life would be boring and narrow.

    My 1.5 cents.
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