New Terms For Internet Business Start-Up - "Niche Nesting," "Wanted Needs," &quo
OK, I got three new terms downloaded into my brain a few days ago as I was in deep thoughts about what to look for in a successful internet business start-up...
We've all heard about finding a niche in order to start a successful Internet business.
A niche is a specific narrow, focused market to deliver your service or product to, where the target market group is smaller but demand is high.
We've also heard the old saying "find a need and fill it".
Well that doesn't work so much any more because, a) the offerings to cover the needs have grown too big, b) we'd rather play than work or study, c) we may need it but we'll buy the want first.
The first new term I got the other day is "Niche Nesting".
It's great to find a niche, but we need to nest into it.
We need to get ourselves burrowed comfortably in it for the long run, placing that chosen niche into the way of the tortoise, and making it our very personal own to cultivate and grow.
The other term is "Wanted Needs".
Now with the economy being tougher than it used to be, we've matured and have become more careful with our money.
We're more conscious of our competitive market and suddenly realize that in order to survive we need to smarten up.
Suddenly it dawned on us that we need to embark on a "Personal Continuous Improvement Program" (PCIP), because, if we don't, we're going to be left behind coughing up in the dust of smart business proteges and their coaches.
Wanted Needs are the needs that we used to scoff at in the whirlwinds of affluent years passed.
Now we cherish our hard earned money more and keep it tighter to our vest.
We're careful where we spend it and are looking for smarter ways to invest it on ourselves and our skills.
Now, we realize that we must be in a constant mode of growing and learning and those needs have shifted to become something we now want.
Another important factor to business start-up I found is that motivation alone is not enough anymore either.
We get many ideas as we learn more, read more, and follow our models and coaches and so-called old-salt gurus of the Internet.
You know what I mean...
that exuberant feeling when you think of a new workable idea or business at 3 am in the morning.
Then by the time you get up, or by the next day, the bubbles have receded to let doubt and fear rise to the top instead -- or else some other idea has now taken over the mind processing cycle.
Motivation alone is no longer enough.
For any one of those new ideas to make it to fruition requires "sustained motivation".
"Niche Nesting", "Wanted Needs" and "Sustained Motivation", three new terms to work on in the days to come for business start-up and growth.
We've all heard about finding a niche in order to start a successful Internet business.
A niche is a specific narrow, focused market to deliver your service or product to, where the target market group is smaller but demand is high.
We've also heard the old saying "find a need and fill it".
Well that doesn't work so much any more because, a) the offerings to cover the needs have grown too big, b) we'd rather play than work or study, c) we may need it but we'll buy the want first.
The first new term I got the other day is "Niche Nesting".
It's great to find a niche, but we need to nest into it.
We need to get ourselves burrowed comfortably in it for the long run, placing that chosen niche into the way of the tortoise, and making it our very personal own to cultivate and grow.
The other term is "Wanted Needs".
Now with the economy being tougher than it used to be, we've matured and have become more careful with our money.
We're more conscious of our competitive market and suddenly realize that in order to survive we need to smarten up.
Suddenly it dawned on us that we need to embark on a "Personal Continuous Improvement Program" (PCIP), because, if we don't, we're going to be left behind coughing up in the dust of smart business proteges and their coaches.
Wanted Needs are the needs that we used to scoff at in the whirlwinds of affluent years passed.
Now we cherish our hard earned money more and keep it tighter to our vest.
We're careful where we spend it and are looking for smarter ways to invest it on ourselves and our skills.
Now, we realize that we must be in a constant mode of growing and learning and those needs have shifted to become something we now want.
Another important factor to business start-up I found is that motivation alone is not enough anymore either.
We get many ideas as we learn more, read more, and follow our models and coaches and so-called old-salt gurus of the Internet.
You know what I mean...
that exuberant feeling when you think of a new workable idea or business at 3 am in the morning.
Then by the time you get up, or by the next day, the bubbles have receded to let doubt and fear rise to the top instead -- or else some other idea has now taken over the mind processing cycle.
Motivation alone is no longer enough.
For any one of those new ideas to make it to fruition requires "sustained motivation".
"Niche Nesting", "Wanted Needs" and "Sustained Motivation", three new terms to work on in the days to come for business start-up and growth.
Source...