#BizTransformation

How to Niche Down Your Services When Your Business Has So Much to Offer Pt. 2: The Fine Art Painting Method

How to Niche Down Your Services When Your Business Has So Much to Offer Pt. 2: The Fine Art Painting Method

This is the part 2 of the 3-part series covering the topic of “How to Niche Down When You Have So Much to Offer.” 

Just to recap, part 1 covered the “what” and “why” of niching your services down like fine dining restaurant menus. (embed the link.)

I purposely used the fine dining model as an example to convey my point of how a refined, high ticket item will allow you to create a highly profitable service business without burning yourself out while executing.

In part 2, it is going to be all about “how” to explore your niche that works.  

With all the noise over on the internet, many are dismissing the fact that there are many, many highly profitable businesses that you would never hear or read about. 

Not only are they so profitable that they don’t need to conduct any sales, marketing and advertising campaigns, they are content with the kind of freedom they have with their lives without losing their love for their work.

Sounds too good to be true?

Well, let me tell you about my acupuncture doctor as a real-life example.  He is a multi-millionaire that you will never hear about (unless I tell you, of course.)

No fancy office. 

No fancy sign outside.  You’ll walk right pass it.

Occasional ads on one local super niche newspaper. 

That is about it.

He’s been running his business all by himself (no staff) at the same location for nearly 20 years.

You must be wondering, “What does he do that is so different from any other acupuncturists that is so profitable?”

Likable vs. Relatable: Why Your Innate Desire to be Liked is Killing Your Business (and What to Do about It.)

Likable vs. Relatable: Why Your Innate Desire to be Liked is Killing Your Business (and What to Do about It.)

“The Courage to be Disliked” has been a Japanese’s bestselling self-help book for the past few years.

It is a big deal as this probably is the last group of people on earth voicing their desire to be "different" and to be totally OK about it. It is a long time coming.

Born and raised in Japan, I have the first-hand experience in failing miserably at being a “girl next door.”  I have been (and still am) more like Wednesday (Christina Ricci) from The Addams Family or Lydia (Winona Ryder) from Beatlejuice. Not the most approachable in the eyes of a well-behaved collective. 

How to Show Up Like a True Entrepreneur: Working ON (Not IN) Your Business Made Easy with 5 Growth Drivers

How to Show Up Like a True Entrepreneur: Working ON (Not IN) Your Business Made Easy with 5 Growth Drivers

You, as an entrepreneur, recognize the importance of working ON your business and not IN it.  But, how often do you end up pushing this vital task aside because of your day-to-day (a.k.a. putting-out-fires) hands-on tasks?

“Too often” would be the most common answer to this question.

Let’s face it: We all tend to blame on getting caught up on imminent but unimportant tasks (in the big scheme of things) for not keeping up with our big vision sessions that can act as a leverage to grow your business exponentially. The truth is, that is not the real hold-up. 

What’s standing in our way is not having a robust and sustainable system that we can stick with.