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What Kind Of Business Should You Start In 2024? (Financial Freedom Fast Lane)

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Manage episode 425453308 series 3282916
Content provided by Melanin Money Media. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Melanin Money Media or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

If you ever felt that narrowing your focus might limit your market share, think again! Niching can be one of the most powerful strategies you can employ as a business owner. We're going to talk about how to :

- Become the Go-To Expert- By serving a specific group and delivering amazing results, you establish yourself as the trusted and sought-after authority in your niche. This translates to increased referrals and relational equity.

-Reduce Marketing Costs - When you own a particular lane in your industry, you naturally attract more inbound leads. Over time, this reduces your need for extensive marketing, allowing you to invest resources more efficiently.

- Refine Your Services Focusing on solving the same problem for a targeted group enables you to continuously improve your products or services. This leads to a more refined, compelling value proposition that deeply resonates with your audience.

and more!

🚨Get your tickets NOW TO WEALTH WEEKEND! 👉🏽 https://melaninmoney.com/wealth-weekend/?el=video1

  continue reading

153 episodes

Artwork
iconShare
 
Manage episode 425453308 series 3282916
Content provided by Melanin Money Media. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Melanin Money Media or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

If you ever felt that narrowing your focus might limit your market share, think again! Niching can be one of the most powerful strategies you can employ as a business owner. We're going to talk about how to :

- Become the Go-To Expert- By serving a specific group and delivering amazing results, you establish yourself as the trusted and sought-after authority in your niche. This translates to increased referrals and relational equity.

-Reduce Marketing Costs - When you own a particular lane in your industry, you naturally attract more inbound leads. Over time, this reduces your need for extensive marketing, allowing you to invest resources more efficiently.

- Refine Your Services Focusing on solving the same problem for a targeted group enables you to continuously improve your products or services. This leads to a more refined, compelling value proposition that deeply resonates with your audience.

and more!

🚨Get your tickets NOW TO WEALTH WEEKEND! 👉🏽 https://melaninmoney.com/wealth-weekend/?el=video1

  continue reading

153 episodes

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