Are some warriors giving bad advice?

67 replies
I'll admit that I'm certainly no expert, but I see a lot of warriors giving a a similar answer to an age old question.....

"I want to make money so what niche should I start with"?

The answer that usually follows is...

"First, find something you're passionate about."

Is that really the correct answer?

Shouldn't it be...

"Find a niche that's starving for a product or service and sell it to them." ??

Maybe you won't be passionate about that niche, but it will certainly be a money maker if marketed to correctly.

Personally, I love technology and the cool gadgets sold at Best Buy. But there's no way I'd be able to compete in that arena. It would take forever to get noticed let alone make any money. Sorry but I have a wife and kids to feed.

Right now I'm working on a site that has to do with making homemade ice cream. I've only made ice cream once in my life about 25 years ago and I sucked at it. But recently I stumbled upon a decent PLR product, did some keyword research, saw I could beat the competition and went for it.

Am I passionate about making homemade ice cream? Heck no.

But don't get me wrong. I like ice cream. Just ask the local Dairy Queen worker. But I'm starting to like making money more....which is why I'm changing my mentality to "money is my passion" no matter how I end up making it.

Will it be easier to write about stuff you like to do? Sure....and I still have a few websites that I work on which are more of hobby sites that make a few dollars here and there. But if you start thinking that "money" is your passion, you'll start thinking of IM as a business. Then you'll start making enough money that you can outsource all the boring mundane stuff while using the rest to pursue your real passions offline.

That's my quick 2 cents.....am I wrong?

What do you think?

Mike
#advice #bad #giving #warriors
  • Profile picture of the author Dan C. Rinnert
    The answer is: It depends.

    Sometimes, if you turn your passion into a job, you may lose that passion and it becomes a JOB.

    But, sometimes, if you just chase after what's profitable, you may never really enjoy it.

    So, you've got to find what works best for you.
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  • Profile picture of the author George Wright
    I think the advice to find something you are passionate about comes from musicians and actors and sports players etc. People who say "I'd do this even if they didn't pay me."

    Then job counselors started telling people, find something you love to do to earn a living and it won't be work for you.

    In the real world most people have jobs that run the gambit from love to hate, and they work them because they have to.

    I figure that a lot of us in IM love the fact that we can work any place and any time and earn a living.

    To me that is what matters and that is what I'm passionate about. Not the niche.

    By the way, I love Ice Cream.

    George Wright
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    "The first chapter sells the book; the last chapter sells the next book." Mickey Spillane
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    • Profile picture of the author PimpSEO
      I think "Find something you are passionate about" is extremely dangerous advice for a newcomer who is looking to make money. If a site is not based on good niche and keyword research, the newbie will likely over-invest themselves in producing content that will never make money (or much money). That whole while they could have been focusing on money-making niches and keywords.

      That over-investment will be more severe if they are passionate about the site that is going nowhere. It`s hard to drop a dead project if you LOVE it.
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  • Profile picture of the author MartinPlatt
    I think for a beginner, it's got to be something you will stick at.

    If you have already had success, then you are completing a business transaction that you know something about, in which case creating something where there is a demand makes more sense.

    The trouble seems to be that that advice by and of itself isn't terribly useful, it probably needs to be qualified as a niche that has good search volume and a commercial intent, AND is something that interests you?
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    Martin Platt

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  • Profile picture of the author purplecone
    I agree with PimpSEO. If what you are passionate about is a good niche, go for it, but without keyword research, you won't know if it is or not. That said, my highest paying niche is one I 'fell' into because I loved it. Lots of traffic to the keyword, though I didn't know that at the time. At the same time, I have lots of sites that don't do anything. I didn't know enough about keyword research when I developed them. They would take a major overhaul, which I don't have time to do right now, to get maybe start making some money.

    Now, if I am passionate about something, before I put in the time, effort, and expense to build it, I do a lot of keyword research from every angle I can think of, as well as researching to see what, if anything, that market segment will purchase.

    It's true that it is hard to drop a dead project when you love it. Otherwise, I would have quit paying for domain fees for several sites over a year ago.

    Even so, tying yourself down to a good money making niche that you don't like probably isn't a good idea, either. In that case, if you are like me, you won't put the time into it to get it to the point of making money.

    Linda
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  • Profile picture of the author dadamson
    Originally Posted by mrcouchpotato View Post

    I'll admit that I'm certainly no expert, but I see a lot of warriors giving a a similar answer to an age old question.....

    "I want to make money so what niche should I start with"?

    The answer that usually follows is...

    "First, find something you're passionate about."

    Is that really the correct answer?

    Shouldn't it be...

    "Find a niche that's starving for a product or service and sell it to them." ??
    After being in a niche that had a lot of potential but I did not have much interest in I started to loose hope in internet marketing.

    I am now in SEO and love it. This is far more competitive than I have worked with before but I am a strong believer in making something work if the passion is there.

    So as others have stated, it depends. If your passion is to just make money, you can potentially do well in any field as long as you focus and persist in it.

    But if your focus is in your specific niche, like SEO, you will love it even when you aren't making a dollar, and this is important for newbies. The money will flow later as long as you put your own spin on it & persist.

    Originally Posted by mrcouchpotato View Post

    Personally, I love technology and the cool gadgets sold at Best Buy. But there's no way I'd be able to compete in that arena. It would take forever to get noticed let alone make any money. Sorry but I have a wife and kids to feed.
    Why wouldn't you be able to compete?

    As a marketer, you need to look for new and untapped angles, I personally don't think it would be that hard to wiggle your way into it if the passion is there.

    I run a small Amazon review site on technology items, I have not done much SEO on it to be honest but it makes me a pretty penny each month.

    I don't have that many product reviews, nor do barely get 50 visits per day. But my conversion rate on those low searched keywords is through the roof, so my sales do come through regularly.

    Just an example of a small site making money in a competitive arena.

    At the end of the day, whatever keeps you going with IM needs to be taken into account, if making money is your passion, then choose a lucrative niche. If golf is your passion, tap into that market and enjoy what you do while the money comes in.
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  • Profile picture of the author xxxJamesxxx
    Like what the OP said above - It depends.

    If you can enter a market you're passionate about it's so much easier to make money from as you'll enjoy marketing to that crowd.

    When I first started out I got told to enter a market I'm passionate about and looking back it wasn't a massive market... Infact it's was tiny and would of been considered unprofitable by most.

    But you know what? I enjoyed participating in the Forum discussions, making video tutorials, uploading them to Youtube, writing Blog posts etc.

    I learned a lot and it was easy... Because I was passionate about what I was doing.

    I eventually turned this niche I was in, into a $1000 per week business... And remember - this was a niche most would of considered unprofitable.

    The only bummer was I kinda found it's ceiling... Meaning no matter what I did. I couldn't make anymore, but so what, I learned tons and by then I got hooked into internet marketing by then ;-)

    So would I recommend entering a market you're passionate about? Like I said above... It depends but I reckon 99% of the time, yes.

    I believe it's not "if" a market is profitable but "how" profitable a market is.

    James Scholes
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    • Profile picture of the author Daniel Evans
      I know people who are waiting around to do something they feel passionate about and they aren't in the best of situations. Their anticipation is costing them time, opportunity and their well being - daily.

      I know all the niches I've found value in have been tedious as hell.
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  • Profile picture of the author AndyBlackSEO
    I think it depends on the marketer themselves. If you lose interest easily then maybe start with a niche that you are familiar with, especially for you first project. That way you can create a kind of step by step process which you can then repeat using other topics you know less about. It 'may' be easier to establish a blueprint for future projects if you use a 'passion' to first create it.

    After that then I say think like a business person and go where the opportunities are. After all, Internet marketing is likely your passion... Rather than the niche itself, 'so' just get stuck in and enjoy it.
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  • Profile picture of the author AdamWagner
    Such a hard question...

    All points made above are totally valid.

    My two cents is that if you can actually find something you are passionate and that makes money then you have hit the home run. However, it takes trial and error to find out how those two objectives can align.

    Newbies should start with something they are passionate about and if they still would like to pursue marketing online, then once they have some knowledge and skills it will be easier to find a best of both worlds situation.

    Honestly, I am still looking for mine.
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  • Profile picture of the author WillR
    Originally Posted by mrcouchpotato View Post

    "First, find something you're passionate about."
    I guess that's why there are so many products to do with sex and porn...
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    • Profile picture of the author Big Al
      I agree - it depends - but I don't really get why this becomes such a difficult question.

      a) what do you enjoy?
      b) what are you good at?
      c) can you monetize it?
      d) can you follow-thru?

      If you're passionate about something, can follow-thru and it can be monetized then go for it.

      If your passion can't be monetized then what are you good at, can be monetized and your can follow-thru with - go for it.

      If your passion and what you're good at can't be monetized then you don't really have a choice - go with what's profitable.

      The last thing is how you're motivated. Some people love setting up a business and grinding out the numbers or traffic and conversions. Others are motivated by helping others. If you're motivated by the former then it probably doesn't matter what niche you're in - it's just about maxing the money.
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  • Profile picture of the author Crystal84
    Of course, as for a newbie, he know nothing about niche marketing and even someone tells him which niche can make money yet he just can not achieve that as success can not be copied sometimes. Thus, the first step is to choose from what he passionate about and then to do keyword research. But if it is difficult to do, the second step is to find another niche.
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  • Profile picture of the author jasonl70
    i think a large part of my quick success was that I started in a niche that I was not passionate about.

    So my ego wasn't wrapped up in it and I wasn't concerned with "making a name for myself".

    I was more interestd in setting up the system (squeeze page, oto, newsletters and promos,etc), then the content itself.

    I pushed forward with 'good enough', not looking for perfection.

    I was willing to test different things I may have avoided (hard sell vs soft sell, hammer with promo email daily, or send a lot of good content, etc).

    I think this helped immensely with avoiding analysis paralysis.

    I finished at 2 or 3 am, and had clickbank sales when I woke up the late the next morning. I did in 1 day what some people will drag out for months (if ever)..
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  • Profile picture of the author drmani
    Originally Posted by mrcouchpotato View Post

    But if you start thinking that "money" is your passion, you'll start thinking of IM as a business. Then you'll start making enough money that you can outsource all the boring mundane stuff while using the rest to pursue your real passions offline.

    What do you think?

    Mike
    Interesting question, with varied possible answers.

    I'd suggest ONE qualifier or supplementary question - "How long have you
    been in your line of business?"

    With no hard data to back it up, my guess would be that anyone who has
    been at a business for longer than 10 years IS passionate about it -
    and for others, by the time they reach 10 years working at a business
    they have little or no passion for, it has become a drudgery they are
    looking to escape from.

    When you can merge a passion with a market, you're on to a HOT thing.
    I've been fortunate that way. And so am biased towards the 'passion'
    argument - even wrote a PASSION Manifesto!

    All success
    Dr.Mani
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  • Profile picture of the author Zack Lim
    Hi Mike,

    I personally think there is no right or wrong reason as different people will view it differently.

    For me personally, I think it is better to start business in a market where there are demands for the product. If the market is profitable, it means that we can take our own share of the profit if we are willing to do the work to market the product.

    I agree with your point on earning enough money from IM to outsource the mundane tasks so that there is more time to pursue your interest

    Zack
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  • Profile picture of the author harrietfredge
    Hi mrcouchpotato!

    It is depends on the situation. It is important to be patient and persistent throughout the process.
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  • Profile picture of the author budhaya
    yes it really depends
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  • I ALWAYS recommend to start off in a niche you're passionate about, even if it's during the learning stage. It makes the process much easier, you are familiar with the content and prospects you're dealing with (CRUCIAL!) and thus it's easier to remained focused and motivated.

    Besides, you can make make money in ANY niche, so it's not like you MUST be in a hot niche to make money online.
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  • Profile picture of the author sal64
    Some sage advice I received a while back...

    First and foremost, you are a marketer. So you have to be passionate about marketing.

    If can market, you can make money in any niche... regardless of your passion or otherwise.

    Best,

    Sal
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    Internet Marketing: 20% Internet - 80% Marketing!
    You Won't See The Light Until You Open Your Eyes.
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  • Profile picture of the author m2carbine
    To be able to do well, not only in marketing I guess but as well as in any endeavor, you need to be passiante about what you are doing and love and enjoy it. Passion is what gives you the extra boost to keep on going.

    Finding a niche that is starving for a product or service and be able to offer to that niche would be a good point as well however for you someone specially newbies to be able to be adept to that approach, it would be best if they could start off with something that they would be passionate about and learn the ropes first before trudging into a hungry niche which they would need to research further on it and understand before catering to the needs of the niche.

    Just my points to ponder. :-)
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  • Profile picture of the author Eduard Stinga
    I think that short term, you can earn $ from stuff you're not passionate about, but I think if you want to develop your business long-term and make it BIG, do something that you like!
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  • Profile picture of the author raleigh
    There may be times that something that you are passionate about may not
    attract attention or interest from potential markets. Now if you can find a niche where you would see that you can have a product or service that you can be passioante about than that would be a move in the right direction.
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  • Profile picture of the author Alexa Smith
    Banned
    Originally Posted by mrcouchpotato View Post

    The answer that usually follows is...

    "First, find something you're passionate about."

    Is that really the correct answer?
    No; it's a plain bad answer that misses the point, resting as it does on the assumption that if you're passionate enough about something, there are going to be customers there with money to spend.

    A better answer (though still not necessarily entirely "correct", for all-comers) is "Find a niche that's starving for a product or service and sell it to them." The reason it isn't necessarily correct for everyone is that that, too, rests on an assumption: in this case, the assumption that finding such a niche will in itself enable one to get money out of it. It's a far better assumption than the previous one, of course, because at least in one case there's money there to be targeted, which is by no means necessarily true for the passion-followers.

    For myself, I tend to develop a bit of passion gradually when the income starts arriving. That always makes me more enthusiastic.

    In reality, it depends to some extent on the business model which one's adopting. For an article marketer, for example, there's a disadvantage to selecting a niche about which one knows absolutely nothing and has to go to night school just to get to grips with the vocabulary.

    Originally Posted by mrcouchpotato View Post

    Are some warriors giving bad advice?
    Yes, hellishly bad. But this really isn't exactly a supreme example of that. At least in this instance Warriors are saying what they believe, and for the most part not purporting to offer more than opinion. Take a look down in the SEO department, if you want to see "bad advice" and have a strong enough stomach to handle it. Truly the blind are leading the partially sighted, down there, and the reasons are sometimes only too evident for all to see in their sig-files. :p

    Call me a facetious, callous skepchick, if you want, but the instances of which I see a slightly macabre, amusing side are when a new Warrior starts a thread expressing his/her urgent need for additional income and asks for advice about how to achieve it: it sometimes seems to me that the lower the standard of literacy of the OP, the greater is the certainty that someone will advise them to set up an article-writing service.
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  • Profile picture of the author Rus Sells
    Finding and perusing something your passionate about is how to make yourself an authority and leader in your niche.

    Which in the end can earn you great rewards and a lot of money. Its usually something you have to be in for the LONG HAUL!

    To just earn some money is a completely different matter altogether and doesn't require passion about that particular niche, it can earn you money quicker but in most
    cases the long term rewards do not provide exponential rewards like being an authority and leader does.

    Alexa, your such a material girl! :p:p:p

    For myself, I tend to develop a bit of passion gradually when the income starts arriving. That always makes me more enthusiastic.
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  • Profile picture of the author faizuks
    Originally Posted by mrcouchpotato View Post

    I'll admit that I'm certainly no expert, but I see a lot of warriors giving a a similar answer to an age old question.....

    "I want to make money so what niche should I start with"?

    The answer that usually follows is...

    "First, find something you're passionate about."

    Is that really the correct answer?

    Shouldn't it be...

    "Find a niche that's starving for a product or service and sell it to them." ??

    Maybe you won't be passionate about that niche, but it will certainly be a money maker if marketed to correctly.

    Personally, I love technology and the cool gadgets sold at Best Buy. But there's no way I'd be able to compete in that arena. It would take forever to get noticed let alone make any money. Sorry but I have a wife and kids to feed.

    Right now I'm working on a site that has to do with making homemade ice cream. I've only made ice cream once in my life about 25 years ago and I sucked at it. But recently I stumbled upon a decent PLR product, did some keyword research, saw I could beat the competition and went for it.

    Am I passionate about making homemade ice cream? Heck no.

    But don't get me wrong. I like ice cream. Just ask the local Dairy Queen worker. But I'm starting to like making money more....which is why I'm changing my mentality to "money is my passion" no matter how I end up making it.

    Will it be easier to write about stuff you like to do? Sure....and I still have a few websites that I work on which are more of hobby sites that make a few dollars here and there. But if you start thinking that "money" is your passion, you'll start thinking of IM as a business. Then you'll start making enough money that you can outsource all the boring mundane stuff while using the rest to pursue your real passions offline.

    That's my quick 2 cents.....am I wrong?

    What do you think?

    Mike
    In a way i agree with you, We may be passionate about lots of thing,,, but no one else is interested.. So we r not going to make any sales..

    If we choose some niche we actually believe it's going to make money and in our personal interesting arena.. that would be easier for us to work on with.. what i mean by,, it's easier to write article for that niche...
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  • Profile picture of the author Tmill
    if your looking to blog about something you gotta be passionate about it, but also it will be much harder if that niche already is flooded with others trying to do the same thing. You will have to stand out of the crowd of course
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  • Profile picture of the author ~kev~
    Originally Posted by mrcouchpotato View Post

    "I want to make money so what niche should I start with"?

    The answer that usually follows is...

    "First, find something you're passionate about."

    Is that really the correct answer?

    Shouldn't it be...
    "Find a niche that's starving for a product or service and sell it to them." ??
    Last night I posted a 1,300 word article on my blog - try doing that in a field you know nothing about. Everything in the article came straight out of memory and I did not have to look anything up.

    Even coming from memory, that 1,300 word article still took over 2 hours to write.

    If you enjoy doing research, and more time studying and doing research then creating content, then find a niche that needs content.
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    • Profile picture of the author drmani
      Originally Posted by PimpSEO View Post

      I think "Find something you are passionate about" is extremely dangerous advice for a newcomer who is looking to make money. If a site is not based on good niche and keyword research, the newbie will likely over-invest themselves in producing content that will never make money (or much money). That whole while they could have been focusing on money-making niches and keywords.

      That over-investment will be more severe if they are passionate about the site that is going nowhere. It`s hard to drop a dead project if you LOVE it.
      Originally Posted by Alexa Smith View Post

      No; it's a plain bad answer that misses the point, resting as it does on the assumption that if you're passionate enough about something, there are going to be customers there with money to spend.
      Originally Posted by faizuks View Post

      In a way i agree with you, We may be passionate about lots of thing,,, but no one else is interested.. So we r not going to make any sales..

      Why would something YOU are passionate about be so unique and
      unusual that there won't be enough OTHERS passionate and interested
      in it?

      MOST passions are shared.

      Sports. Hobbies. Travel. Reading. Music. And many more passions
      are often shared among MILLIONS of others.

      True, some exotic and esoteric ones are rare to find many enthusiasts,
      but MOST passions are indeed profitable and massive markets as well.

      Of course, research the niche's potential to your heart's content before
      jumping in with both feet - but it seems too many feel that following one's
      passion automatically places you in a fringe group with few fellow
      fan(atic)s who feel that way about the same thing! Experience tells
      me that isn't the case most of the time.

      All success
      Dr.Mani
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      • Profile picture of the author Shaun OReilly
        I recommend finding something you're passionate about
        AND that also has a proven market of rabid buyers.

        Why go after just one or the other?

        If you can't find a market for your passion, then THINK
        harder, SEARCH more until you find it or choose another
        one of your passions with profit potential.

        That said, there are some people who want to just chase
        after the money in niches where they have no passion -
        but I wouldn't waste my life doing that.

        Dedicated to mutual success,

        Shaun
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      • Profile picture of the author Alexa Smith
        Banned
        Originally Posted by drmani View Post

        Why would something YOU are passionate about be so unique and unusual that there won't be enough OTHERS passionate and interested in it?
        Because the things about which I'm most passionate are really small minority interests without anything much of the commercial niche about them. Seriously. I don't claim to be "representative", in that, of course - but it's so.

        One of my hottest interests has virtually no products available with commissions that make them worth promoting. Another is something that only the tiniest minority of people is willing to buy online (and I wouldn't, either). Yet another is a freebie-seekers' niche with enormous traffic readily available, almost none of which is potentially buying traffic (as can be seen from the absence of PPC and other advertising in the niche).

        And so on.

        And so forth.

        These are simply passions that are not shared by "online customers", and it's lucky for me, I think, that I never seriously expected them to be, or tried to derive online income from them.
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  • Profile picture of the author grandstar
    The truth is that it works both ways.

    If you are passionate about something and can provide professional info about it as well, you can earn a good income from it but most likely in the long term despite fierce competiton.

    Income from the above comes by you doing what comes naturally and not really by what you are taught online. You naturally should blog about something you are passionate about, write tons of authority articles, submit to articles directories, create videos, network on social bookmarking sites etc. You are determined to get the word out!

    A football fanatic probably knows all the best football sites or those related to his club. He naturally post comments on the clubs official forum after every games either giving praise or biting criticism. He may already have a following on these forums.

    Were he to decide to monetise his passion with a little IM training, he would be reeking in cash.

    On the other hand, finding a product for a starving market and profiting from it is where the true IM professional excels in.

    He may be total ignoramus in regards to that niche but will be prepared to put in the "sweat" to make money from it.

    "Sweat" may mean outsourcing article writing, ghostwriting a book, banner ads, videos etc. Not much effort really if outsourced and making a ton of money from it.

    Finding a starving market will bring in a rush of quick money.

    On the other hand, something you are passionate about in a very competitive niche may eventually bring in the cash, but in the long run
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  • Profile picture of the author IMWinner
    It really depends, and personally, I will not say that some warriors here are giving bad advice. Maybe it's what they think is the best advised that they could share or informed a newcomer to the IM business. I mean, we all have different ideas and concepts about something, and I believe that at that time when they are trying to help or give some newbie an advise, they probably felt that by giving some of the things that they learned will be the best advice to help that newbie.
    Although I would have to agree with the idea that not what fellow warriors here have been giving some advise are all applicable and are used by the newbies. Since they have different viewpoints on what and how to start on their IM business, and at that time, that is the best advice that they could offer to these newbies.
    With regards to the advises like "Find a niche that you are interested about", Yes, I would say that the warrior who gave the advise felt that it is important for newcomer to have their niche that they are interested with since they are familiar with it and can explain to their clients about their product or blogs.
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  • Profile picture of the author Rose Anderson
    In my opinion... It's always bad advice to tell anyone that what you chose to do is what they must do, too.

    It's true that you can't always monetize what you're passionate about but it does help to have at least some interest in your niche. But that's not true for everyone.

    Some people are passionate about marketing or making money and the niche doesn't matter to them.

    It is important to stress that no matter how passionate they are...there still must be a market. Though I must say, I'm sometimes surprised to find there are markets in areas that I would never have dreamed of.

    Giving someone the benefit of your experience is what this forum is all about. However, everyone has to play to their own interests and strengths.

    It's like when someone says they need to make money quick and everyone says they should write articles. If they hate to write and they're terrible at it then that's bad advice for them.

    Rose
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  • Profile picture of the author supershoesclub
    I think we should tell the job and interest clearly in mind.we should have a job to feed our family and run the life.whatever we hate or like the job, we have to do it, as long as we can earn enough money on it.
    But for the interest,i think it is a just a leisure lifestyle.we can do the interesting thing in our after work time.Thus, it brings us happiness.
    so now, you can choose which is more important in your situation.thus, it will be better.
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  • Profile picture of the author vtotheyouknow
    It's a lot easier to work on things that you're "passionate" about when you're not worrying about paying your bills and buying food.

    Before I knew anything about IM, I launched a ClickBank product based around my passion. Then I learned about keyword research.... And very few people were searching for anything remotely related to my product. Needless to say, I don't sell many of those.

    If you're in internet marketing and making any kind of money from it, then that's something to be excited about already. I mean c'mon, you're making money online...how freaking cool is that?

    Once you have a good income coming in, THEN do stuff that really interests you because by then you'll have amounted some experience, know-how and understanding which will make your new venture all the more likely to succeed.
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    • Profile picture of the author JohnMcCabe
      I think that, for the rawest of beginners, finding a market you are, if not passionate about, at least part of is important. If you are your market, it makes some of the toughest parts of marketing, like understanding your prospects, easier. What's left is the mechanics - crafting offers, building sales and delivery systems, driving traffic, etc.

      There's no law that says the very first niche you try is the one you are locked into for life.

      You can take the knowledge you gain from that first passion and use it on something else.

      One of my passions in life is fishing - has been for 50 years now. But I can't run a business based on fishing. I've tried. Like Big Mike and his woodworking, my passion turned into a job.

      That's not to say I'll never create another fishing site; if I do it will be a hobby site done for fun. Any cash it generates will simply be extra bait money.

      Learn the basics by following a passion if you can. Then put what you learn to work where the money is so you can follow your passion as you please.
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  • Profile picture of the author MatthewNeer
    The only question you need to ask yourself before taking anyones advise is "How much experience does this person have in this business?" and "Are they where I wanna be?"

    Answer those two, and you have your answer...
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  • Profile picture of the author Jacob Hargreave
    Originally Posted by mrcouchpotato View Post

    I'll admit that I'm certainly no expert, but I see a lot of warriors giving a a similar answer to an age old question.....

    "I want to make money so what niche should I start with"?

    The answer that usually follows is...

    "First, find something you're passionate about."

    Is that really the correct answer?

    Shouldn't it be...

    "Find a niche that's starving for a product or service and sell it to them." ??

    Mike
    In my personal experience those that have no genuine interest in the more popular niche rarely make anything. It's a very good question and I even considered the answer many times before.

    I think of the person's passion as a better start because of the following:

    • If they fail, they wouldn't feel as if they have genuinely wasted their time.
    • If they fail they are more likely to try again since they enjoyed the experience.
    • It's easy to make money in a field you have knowledge and skills in.
    • Procrastination is not as prominent as in starting an an area you've never ventured into before
    • You have a distinct advantage in a niche you know about
    • there is less time spent learning
    You get the picture, So when someone asks "Hey what should I do first?" I will always ask them what do they like to do. It's the smoothest path a person starting out can really take without getting too overwhelmed.
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  • Profile picture of the author Robert_Rand
    Originally Posted by mrcouchpotato View Post

    I'll admit that I'm certainly no expert, but I see a lot of warriors giving a a similar answer to an age old question.....

    "I want to make money so what niche should I start with"?

    The answer that usually follows is...

    "First, find something you're passionate about."

    Is that really the correct answer?

    Shouldn't it be...

    "Find a niche that's starving for a product or service and sell it to them." ??

    Maybe you won't be passionate about that niche, but it will certainly be a money maker if marketed to correctly.

    Personally, I love technology and the cool gadgets sold at Best Buy. But there's no way I'd be able to compete in that arena. It would take forever to get noticed let alone make any money. Sorry but I have a wife and kids to feed.

    Right now I'm working on a site that has to do with making homemade ice cream. I've only made ice cream once in my life about 25 years ago and I sucked at it. But recently I stumbled upon a decent PLR product, did some keyword research, saw I could beat the competition and went for it.

    Am I passionate about making homemade ice cream? Heck no.

    But don't get me wrong. I like ice cream. Just ask the local Dairy Queen worker. But I'm starting to like making money more....which is why I'm changing my mentality to "money is my passion" no matter how I end up making it.

    Will it be easier to write about stuff you like to do? Sure....and I still have a few websites that I work on which are more of hobby sites that make a few dollars here and there. But if you start thinking that "money" is your passion, you'll start thinking of IM as a business. Then you'll start making enough money that you can outsource all the boring mundane stuff while using the rest to pursue your real passions offline.

    That's my quick 2 cents.....am I wrong?

    What do you think?

    Mike
    Yeah in most cases it really is flawed advice. Although it really depends on someone's personal situation...

    Ideally you can find something you're passionate about - or at least interested in - that you can also make profitable.

    But if you're desperate to make money quickly, it makes sense to enter a market that people are already making money in. Personally, I've found the more competition the better. It means there's money there.
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  • Profile picture of the author jeana
    Advices are advices, I am a newbie too, but I assess first whatever advices people are giving me. But I agree, hope to get replies that will and can truly help us newbies.
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    • Profile picture of the author myob
      The most lucrative niches are boring as hell. But what's really energizing is that's where the big money is, and helps pay for the things that I am truly passionate about. Great achievement is not about just fun and games.

      "The successful person has the habit of doing the things failures don't like to do."
      The Common Denominator of Success, by Albert Gray

      (From a 1940 presentation to the National Association of Life Insurance Underwriters) :p
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  • Profile picture of the author alicecoaxum
    I think it can be both. Some people make a good living with the things they are most passionate about while others just choose something that is profitable and go with that. I personally feel that it's good if you can make profitable something that you are passionate about because you will enjoy it and probably stick with it longer but I'm not opposed to branching out and trying something new if it's profitable either as long as it's legal and not a scam.
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  • Profile picture of the author jasonl70
    I think for a lot of people there is this assumption that if you want to make money in IM, you need to become a prolific writer.. cranking out content of some sort or the other all the time.. articles, blog posts, etc..

    I call that being a writer

    But that is only one model..

    As I pointed out earlier, it took one long day to get my first online business running, and making a profit overnight. That 1 project ended up making 1k-4k a month nearly handsoff for several years.

    my advice isn't to start a business in something you are passionate about...
    It's this: be passionate about starting your business.
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  • Profile picture of the author Rach72
    my advice isn't to start a business in something you have are passionate about...
    It's this: be passionate about starting your business.
    Exactly.

    Passions change and passion gets diluted with familiarity and the loss of choice. It is OK to be passionate about something when you have the choice of whether to deal with it or not, but when it is your main income source and you HAVE to deal with it day in and out any niche becomes stale.

    BUT if you are passionate about building your business, or a method of building your business - like site promotion, SEO, PPC, social media or some other method then the fire will keep being ignited with every win/sale/new subscriber/new skill learned.

    Having an interest in the niche..... now that is helpful
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  • Profile picture of the author 3bagsfull
    Passion is about LONG TERM -- it doesn't necessarily mean it is a money maker.

    The passion approach is for several reasons -

    1. Because you know about it, you will be able to create alot of content and do it quickly -- you don't have to research it, you don't have to pay someone to write it

    2. It is about being able to put the time in to build the business. If you like a topic and want to talk about it, then you don't run the risk of becoming bored.

    3. The passion comes through to the readers of the site. They trust you. They will trust you when you recommend something.

    But, you must also look into selling opportunities within this niche. Whether it is a physical good, an affiliate program, or creating a digital product.

    Recommending this as a way to get started in IM is not a bad suggestion. It has its merits.
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    • Profile picture of the author cottonking2000
      Yes

      and

      No

      Some warriors are not up to date on changes in the market place. Otherwise, I would always ask....and research all the options to marketing.
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  • Profile picture of the author sal64
    You can possess all the passion and expertise know to mankind...

    But if you ain't got the right mindset and you ain't got slightest bit of marketing nouse...

    Then you ain't gonna go far.

    Too many people advise on niches... blah blah blah.

    So if this is the case, why do so many fail?

    Passion + Success Mindset + Hot Market + Marketing Skills = Success.
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  • Profile picture of the author philipf
    advice is still an advice, good or bad
    it might be good for someone, but then again, it might be bad for you
    there is always a second opinion.
    ask for advice, and get a second opinion.
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  • Profile picture of the author LegitIncomes
    Originally Posted by mrcouchpotato View Post

    I'll admit that I'm certainly no expert, but I see a lot of warriors giving a a similar answer to an age old question.....

    "I want to make money so what niche should I start with"?

    The answer that usually follows is...

    "First, find something you're passionate about."

    Is that really the correct answer?

    Shouldn't it be...

    "Find a niche that's starving for a product or service and sell it to them." ??

    Maybe you won't be passionate about that niche, but it will certainly be a money maker if marketed to correctly.

    Personally, I love technology and the cool gadgets sold at Best Buy. But there's no way I'd be able to compete in that arena. It would take forever to get noticed let alone make any money. Sorry but I have a wife and kids to feed.

    Right now I'm working on a site that has to do with making homemade ice cream. I've only made ice cream once in my life about 25 years ago and I sucked at it. But recently I stumbled upon a decent PLR product, did some keyword research, saw I could beat the competition and went for it.

    Am I passionate about making homemade ice cream? Heck no.

    But don't get me wrong. I like ice cream. Just ask the local Dairy Queen worker. But I'm starting to like making money more....which is why I'm changing my mentality to "money is my passion" no matter how I end up making it.

    Will it be easier to write about stuff you like to do? Sure....and I still have a few websites that I work on which are more of hobby sites that make a few dollars here and there. But if you start thinking that "money" is your passion, you'll start thinking of IM as a business. Then you'll start making enough money that you can outsource all the boring mundane stuff while using the rest to pursue your real passions offline.

    That's my quick 2 cents.....am I wrong?

    What do you think?

    Mike
    I agree.

    And as to your question "Are some warriors giving bad advice?"

    Well, there's over 350,000 of us, we can't all be right.
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  • Profile picture of the author CDarklock
    Originally Posted by mrcouchpotato View Post

    The answer that usually follows is...

    "First, find something you're passionate about."

    Is that really the correct answer?
    The actual intended answer there is:

    "First, find something that will not bore you to tears so thoroughly that you give up long before you have a snowball's chance in hell of making any money."

    But if you actually give that answer, people make bad choices.
    Signature
    "The Golden Town is the Golden Town no longer. They have sold their pillars for brass and their temples for money, they have made coins out of their golden doors. It is become a dark town full of trouble, there is no ease in its streets, beauty has left it and the old songs are gone." - Lord Dunsany, The Messengers
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  • Profile picture of the author dagaul101
    I agree that ideally you should be providing something your audience/traffic wants, it would be good if you are passionate about it, to better be able to defend it
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  • Profile picture of the author sal64
    Funny...

    I was passionate about real estate. Now I don't care.

    Set your goals and then you'll discover the passion.

    It's not one or the other. Passion v Money.

    It's more than that.

    Once you have a clear vision and a burning desire, you'll find the passion, regardless of a niche because deep down, you know that it's going to help you achieve your ultimate goal.
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    • Profile picture of the author JohnMcCabe
      Originally Posted by cottonking2000 View Post

      Yes

      and

      No

      Some warriors are not up to date on changes in the market place. Otherwise, I would always ask....and research all the options to marketing.
      And some Warriors actually read at least the opening post before answering, not just the subject line... :rolleyes:
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  • Profile picture of the author savvybizbuilder
    Working on business that drives from your passion is the best way motivate yourself working harder to make things work. But if you generating good profits from it, its not a bad way for motivation.
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  • Profile picture of the author Robert Puddy
    Originally Posted by mrcouchpotato View Post

    I'll admit that I'm certainly no expert, but I see a lot of warriors giving a a similar answer to an age old question.....

    "I want to make money so what niche should I start with"?

    The answer that usually follows is...

    "First, find something you're passionate about."

    Is that really the correct answer?

    Mike
    The answer is get passionate about the marketing process, then what you sell doesn't matter.

    Ask an offline salesman if he would only take a job with company that sold products he was personally passionate about.

    Most salesman love their job becuase they are passionate about the selling process, they get off on sale itself not the product
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    • Profile picture of the author Shaun OReilly
      Given two sales people: one is passionate about the
      product and the other one is not really passionate
      about the product... which would you choose?

      I'd choose the one who's passionate about their
      product every time.

      People buy the way you feel about your product or
      service.

      Steve Jobs is passionate about Apple products.

      Howard Schultz is passionate about the Starbucks
      experience.

      Get excited about your product and the marketing process
      for optimal results.

      Dedicated to mutual success,

      Shaun
      Signature

      .

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      • Profile picture of the author Robert Puddy
        Originally Posted by Shaun OReilly View Post

        Given two sales people: one is passionate about the
        product and the other one is not really passionate
        about the product... which would you choose?

        I'd choose the one who's passionate about their
        product every time.

        Get excited about your product and the marketing process
        for optimal results.

        Dedicated to mutual success,

        Shaun
        Id pick the one that would give me the best sales record, passion wouldnt even be on my radar, the best salesmen are head hunted from one company to the next. the question of are you passionate about our product never comes up in an interview.

        Only what can they bring to the table to increase sales.

        My point being if you get passionate about the process of making sales, theres your passion, there's your drive. You can successfully sell any product

        I'm pretty damn sure you could make Steve Jobs the CEO of any company and he would make a success of it.
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        • Profile picture of the author Shaun OReilly
          Originally Posted by Robert Puddy View Post

          My point being if you get passionate about the process of making sales, theres your passion, there's your drive. You can successfully sell any product
          My point is that if you're passionate about the product
          AND you're passionate about marketing that product,
          then you'll sell more than someone who's just passionate
          about the product or someone who's just passionate
          about the sales process alone.

          Dedicated to mutual success,

          Shaun
          Signature

          .

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          • Profile picture of the author Robert Puddy
            Originally Posted by Shaun OReilly View Post

            My point is that if you're passionate about the product
            AND you're passionate about marketing that product,
            then you'll sell more than someone who's just passionate
            about the product or someone who's just passionate
            about the sales process.

            Dedicated to mutual success,

            Shaun
            Thats total BS Shaun, passion isnt enough or even required. Plenty of passionate unsuccessfull people on this forum alone, never mind out in the wider world
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            • Profile picture of the author sal64
              Originally Posted by Robert Puddy View Post

              Thats total BS Shaun, passion isnt enough or even required. Plenty of passionate unsuccessfull people on this forum alone, never mind out in the wider world
              Correctamundo!

              Some sales people can be so passionate that they don't know when to shut up.

              And talk themselves out of the sale.
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        • Profile picture of the author Shaun OReilly
          Originally Posted by Robert Puddy View Post

          I'm pretty damn sure you could make Steve Jobs the CEO of any company and he would make a success of it.
          Steve Jobs would not be as successful as the CEO of
          a company like Microsoft even though it's in a similar
          sector to Apple.

          Why?

          He doesn't believe in their products or philosophy.

          The rivalry between Apple and Microsoft is epic.

          Here's a video of Steve Jobs talking about loving
          what you do...


          Here's what he says on doing what you love...

          "You've got to find what you love. And that is as true for your work as it is for your lovers. Your work is going to fill a large part of your life, and the only way to be truly satisfied is to do what you believe is great work. And the only way to do great work is to love what you do." Steve Jobs
          Sure, someone can love sales but if they love their
          product AND sales too, they'll get better results.

          Dedicated to mutual success,

          Shaun
          Signature

          .

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  • Profile picture of the author Chris Ditfort
    You can do it that way, but if you find something your passionate about you'll have the motivation to see it through
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  • Profile picture of the author Celeste Green
    Some warriors may be ignorant or blindly repeating the advice they've heard from other IMers, but for the most part, I don't think our warriors are meaning to give out ill advice. The problem is everyone is unique. The techniques & strategies that work for me may not be the best fit for you. If you've got the drive to focus on money-making potential & stick with creating & promoting a site even if you aren't interested in the topic, then good for you There are other people out there who need to pick a niche they're passionate in, otherwise they lose interest & stop before ever succeeding.

    And with so many good legitimate ways to make money online, you might as well spend a little time finding the approach that suits your personality & run w/that.
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  • Profile picture of the author John Romaine
    Originally Posted by mrcouchpotato View Post

    I'll admit that I'm certainly no expert, but I see a lot of warriors giving a a similar answer to an age old question.....

    "I want to make money so what niche should I start with"?

    The answer that usually follows is...

    "First, find something you're passionate about."

    Is that really the correct answer?

    Shouldn't it be...

    "Find a niche that's starving for a product or service and sell it to them." ??

    Maybe you won't be passionate about that niche, but it will certainly be a money maker if marketed to correctly.

    Personally, I love technology and the cool gadgets sold at Best Buy. But there's no way I'd be able to compete in that arena. It would take forever to get noticed let alone make any money. Sorry but I have a wife and kids to feed.

    Right now I'm working on a site that has to do with making homemade ice cream. I've only made ice cream once in my life about 25 years ago and I sucked at it. But recently I stumbled upon a decent PLR product, did some keyword research, saw I could beat the competition and went for it.

    Am I passionate about making homemade ice cream? Heck no.

    But don't get me wrong. I like ice cream. Just ask the local Dairy Queen worker. But I'm starting to like making money more....which is why I'm changing my mentality to "money is my passion" no matter how I end up making it.

    Will it be easier to write about stuff you like to do? Sure....and I still have a few websites that I work on which are more of hobby sites that make a few dollars here and there. But if you start thinking that "money" is your passion, you'll start thinking of IM as a business. Then you'll start making enough money that you can outsource all the boring mundane stuff while using the rest to pursue your real passions offline.

    That's my quick 2 cents.....am I wrong?

    What do you think?

    Mike
    This mentality might seem all well and dandy to begin with, but have you given any consideration to support?

    What are you going to do when emails from buyers/potential buyers start flooding in with indepth questions about home made ice cream?

    You cant exactly answer with "I dont know, Im just in this to make money..."
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  • Profile picture of the author PsychoProfits
    I say, ""First, try to find something you're passionate about, that's profitable.""
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  • Profile picture of the author Fictional
    There's a much higher chance to succeed with something that you enjoy doing.
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