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These are the user uploaded subtitles that are being translated: 1 00:00:06,660 --> 00:00:07,500 Hey everyone. 2 00:00:07,710 --> 00:00:10,900 George here welcome to this training video. 3 00:00:10,930 --> 00:00:18,100 Your unique niche I've added unique to the niche and later in this video I will explain to you what 4 00:00:18,100 --> 00:00:23,950 that means exactly and how the new model of teaching will create endless opportunities in this world 5 00:00:24,580 --> 00:00:30,420 and how most of the teachers doing things wrong and seeing the world as a static place. 6 00:00:30,430 --> 00:00:35,170 This really limits their ability for exponential results and profits. 7 00:00:35,170 --> 00:00:37,480 So let's see what we're going to cover today. 8 00:00:37,480 --> 00:00:40,780 Why pick a niche and why is it so important. 9 00:00:40,900 --> 00:00:46,030 It's amazing how people don't think about this generalist versus specialist. 10 00:00:46,150 --> 00:00:49,970 Is it better to be generalist and have a lot of different clients. 11 00:00:50,020 --> 00:00:53,840 Or is it better to become a specialist and become the best at one. 12 00:00:53,840 --> 00:01:00,270 Think next line is why it's much easier to do marketing and sales well you have a niche. 13 00:01:00,340 --> 00:01:05,010 Our message will become more powerful and meaningful when we choose a niche. 14 00:01:05,140 --> 00:01:10,990 How to find the perfect niche how you show different exercises that you can use to help you dive deep 15 00:01:10,990 --> 00:01:14,380 into your mind and explore different ideas. 16 00:01:14,380 --> 00:01:19,810 These exercises will help produce your perfect niche that will help you to scale your business to the 17 00:01:19,810 --> 00:01:21,060 next level. 18 00:01:21,070 --> 00:01:27,550 And lastly you need to sit down after this review and do the work you need to take responsibility to 19 00:01:27,550 --> 00:01:33,670 question everything and your current method of teaching and refined and make your needs crystal clear 20 00:01:33,910 --> 00:01:36,880 razor sharp take action. 21 00:01:36,880 --> 00:01:38,860 Now why pick a niche. 22 00:01:38,890 --> 00:01:43,210 You're probably wondering well George why target only specific people. 23 00:01:43,210 --> 00:01:48,580 If you can target everyone that way we will have more students and we'll make more money. 24 00:01:48,580 --> 00:01:49,960 What's the catch. 25 00:01:49,960 --> 00:01:55,390 Well what first point it can sound pretty obvious that the more people we target the more money we will 26 00:01:55,390 --> 00:01:56,660 eventually make. 27 00:01:56,860 --> 00:01:59,800 But that is completely false thinking. 28 00:01:59,920 --> 00:02:00,940 Think about it. 29 00:02:00,940 --> 00:02:02,770 I would give you an example of how it works. 30 00:02:03,040 --> 00:02:04,590 Let's imagine that's you. 31 00:02:04,690 --> 00:02:11,660 And for the sake of innovation then uniqueness I'll give you the real name George. 32 00:02:11,740 --> 00:02:15,410 Now we know your name but let's get more specific. 33 00:02:15,460 --> 00:02:18,700 You're a male you have a beard on your face. 34 00:02:18,700 --> 00:02:21,640 You also have red shirt. 35 00:02:21,640 --> 00:02:24,960 You're a tall person and you have brown jeans. 36 00:02:24,970 --> 00:02:26,890 Now this is very specific. 37 00:02:26,890 --> 00:02:32,860 Now imagine you're walking down the street and some random dude is yelling Hey person and you're probably 38 00:02:32,860 --> 00:02:34,310 not even going to bother. 39 00:02:34,360 --> 00:02:38,640 He yells again even louder Hey person I'm talking to you. 40 00:02:38,650 --> 00:02:44,130 You and everyone else will not turn around because you think the dude is an idiot. 41 00:02:44,620 --> 00:02:47,470 But now let's look at the characteristics. 42 00:02:47,680 --> 00:02:53,050 If the same dude yelling again Hey George and you'll be like oh what what's not someone is calling me 43 00:02:53,050 --> 00:02:54,140 maybe. 44 00:02:54,250 --> 00:03:00,540 And you start to look around but you will not take it personal and serious because someone else can 45 00:03:00,570 --> 00:03:01,650 call George. 46 00:03:01,750 --> 00:03:04,750 Also now think about that. 47 00:03:04,750 --> 00:03:06,030 The same dude again. 48 00:03:06,040 --> 00:03:07,420 Hey George. 49 00:03:07,420 --> 00:03:07,780 Yes. 50 00:03:07,780 --> 00:03:14,710 You the tall dude with the beard and the red shirt with the brown jeans and this time you'll be like 51 00:03:14,860 --> 00:03:15,610 down. 52 00:03:15,670 --> 00:03:17,020 This dude is talking to me. 53 00:03:17,080 --> 00:03:18,760 Let's see what he wants to tell me. 54 00:03:19,830 --> 00:03:28,110 See when you're specific your message is so much powerful when you advertise on the Internet for example 55 00:03:28,190 --> 00:03:35,900 Facebook is the same if you run some ad and you're not targeting some specific niche you sound exactly 56 00:03:35,900 --> 00:03:42,380 like the dude who screams Hey person you you've spent your money and will not grow up any attention. 57 00:03:42,380 --> 00:03:44,100 But if you're right. 58 00:03:44,210 --> 00:03:51,590 Hey are you a dentist and your target dentists you already 10 times more likely to grab the attention 59 00:03:51,620 --> 00:03:54,040 of the niche to make my point clear. 60 00:03:54,050 --> 00:03:58,220 Let's analyze this generalists or a specialist. 61 00:03:58,220 --> 00:03:59,360 Which one is better. 62 00:03:59,410 --> 00:04:04,820 I will give you an example from the medical field because does the industry when you can see clearly 63 00:04:04,880 --> 00:04:06,540 the massive difference between the two. 64 00:04:06,740 --> 00:04:13,940 On the one side we have a general practitioner GP and he's an awesome doctor but typically he works 65 00:04:13,940 --> 00:04:21,260 with a lot of different people long hours and see all kinds of different problems pain in arms cold 66 00:04:21,260 --> 00:04:26,080 headache bad mood infections colds all sorts of stuff. 67 00:04:26,090 --> 00:04:31,130 He works in a small office with a lot of people waiting outside to be accepted. 68 00:04:31,130 --> 00:04:32,100 It's a numbers game. 69 00:04:32,460 --> 00:04:38,870 Typically this doctor doesn't have a very good salary also and he's not considered an expert at anything. 70 00:04:39,050 --> 00:04:47,330 Now on the other side we have some specialists these specialists can perform very hard and precise surgeries 71 00:04:47,390 --> 00:04:54,200 that only he or she can do very specific surgery on the brain or the heart. 72 00:04:54,200 --> 00:05:01,840 This doctor can do only one surgery per week and make 20 times more money than the general practitioner. 73 00:05:01,850 --> 00:05:04,040 He is the big deal at the hospital. 74 00:05:04,070 --> 00:05:10,190 The patients also love these specialists a lot and give them fancy flowers and all sorts of gifts because 75 00:05:10,220 --> 00:05:12,260 they managed to save their lives. 76 00:05:12,290 --> 00:05:18,380 They take all the respect from the people and to work fewer hours compared to the general practitioners. 77 00:05:18,380 --> 00:05:22,730 They also have more beautiful offices and make 20 times more money. 78 00:05:22,730 --> 00:05:27,610 That's why you also need to pick a niche and become a specialist. 79 00:05:27,620 --> 00:05:34,250 It's very hard to be the best at multiple stuff but it's very easy to be the best at something very 80 00:05:34,250 --> 00:05:38,210 specific and you need to master your craft. 81 00:05:38,210 --> 00:05:39,850 You need focus. 82 00:05:39,860 --> 00:05:45,740 This also can mean that you need to say no to a lot of potential students and work. 83 00:05:45,740 --> 00:05:49,670 But that's the only way to keep your focus sharp. 84 00:05:49,670 --> 00:05:53,300 You need clear direction and plan to follow. 85 00:05:53,330 --> 00:06:00,010 All right now you know that you need to pick a niche because the men who chase two rabbits usually catches 86 00:06:00,050 --> 00:06:04,330 not you need your market to hear your voice and your message. 87 00:06:04,370 --> 00:06:10,270 You need to become the specialist in your field and earn more money work less hours. 88 00:06:10,400 --> 00:06:18,380 Do your magic and take all the glory and also have a better office and similar problems within your 89 00:06:18,380 --> 00:06:25,660 niche so you can master it and become the best in the world at that specific problem. 90 00:06:25,670 --> 00:06:31,650 It's possible the stage you'll be a little confused about all of this niche stuff and you're wondering. 91 00:06:32,030 --> 00:06:33,500 But I'm a teacher. 92 00:06:33,500 --> 00:06:35,960 What do you mean with all this niches. 93 00:06:35,990 --> 00:06:39,610 I'm supposed to help my students get results. 94 00:06:39,830 --> 00:06:44,650 All of my students are unique and I need to help them. 95 00:06:44,720 --> 00:06:47,670 They all have different problems. 96 00:06:47,720 --> 00:06:55,160 They all are in a different stage of their life and I can't choose niche because everyone is so unique 97 00:06:55,220 --> 00:06:55,940 and different. 98 00:06:56,420 --> 00:06:59,930 And if you're thinking like that you will not get far. 99 00:06:59,930 --> 00:07:06,650 You never become specialist that something very specific and you always play the numbers game just like 100 00:07:06,680 --> 00:07:08,320 the general practitioner. 101 00:07:08,480 --> 00:07:14,600 Choosing a niche has a lot to do with teaching and stay with me to explain to you what I mean exactly. 102 00:07:14,600 --> 00:07:22,080 Right now the world sees the niches as static never changing industries and that's the problem. 103 00:07:22,100 --> 00:07:29,750 Everything out there is falling into one small group of classical niches that are never changing. 104 00:07:29,750 --> 00:07:36,920 For example if you ask someone out there to tell you different industries or niches he be like oh yeah 105 00:07:37,180 --> 00:07:44,270 they're accountants lawyers architects mathematicians builders teachers dentists engineers programmers 106 00:07:44,480 --> 00:07:45,770 lifeguards. 107 00:07:45,770 --> 00:07:47,500 And you get my point. 108 00:07:47,540 --> 00:07:50,070 It's static and never changing. 109 00:07:50,180 --> 00:07:55,410 And most of the people are seeing nature's like this remember the trees from the previous videos. 110 00:07:55,580 --> 00:07:59,340 They think that things are static and never changing. 111 00:08:00,110 --> 00:08:03,910 Basically people are just trees and they're unable to move. 112 00:08:04,130 --> 00:08:06,490 And why I see this as a massive problem. 113 00:08:06,490 --> 00:08:13,220 Well because there's 7 billion people in this world and if we assume that the industries and niches 114 00:08:13,250 --> 00:08:19,640 are classical and never changing like the way that they teach us in school university basically accountants 115 00:08:19,670 --> 00:08:21,780 and lawyers and all of that stuff. 116 00:08:21,890 --> 00:08:28,740 How do you think you can enter in the market like this with so many people fighting for the same position 117 00:08:28,770 --> 00:08:30,210 in the marketplace. 118 00:08:30,210 --> 00:08:34,440 And not only that but people are wanting different things right now. 119 00:08:34,440 --> 00:08:40,470 Someone might be an accountant but he might want to become accountant who helps people become financially 120 00:08:40,470 --> 00:08:41,250 free. 121 00:08:41,250 --> 00:08:46,950 You can tell people you're a teacher and they'll automatically think that you're supposed to teach people 122 00:08:46,950 --> 00:08:49,710 everything and you're the master of none. 123 00:08:49,800 --> 00:08:56,340 But if you specialize in helping people to land a high paying job and you've got your proof of concept 124 00:08:56,430 --> 00:09:01,110 you can sell then you're a specialist and that's your niche. 125 00:09:01,110 --> 00:09:01,850 Think about that. 126 00:09:01,860 --> 00:09:09,330 If your niches people who want the high paying job where this niche falls into the static niches we 127 00:09:09,330 --> 00:09:17,460 see everywhere well nowhere that's new and unique and you must train yourself to spot these things in 128 00:09:17,460 --> 00:09:18,720 the marketplace. 129 00:09:18,720 --> 00:09:21,030 So remember why people hire teachers. 130 00:09:21,030 --> 00:09:21,750 Exactly. 131 00:09:21,750 --> 00:09:28,640 Well people are trees with roots but that doesn't mean that they don't want to change their location. 132 00:09:28,680 --> 00:09:34,590 They want better things for themselves and they need help but remember that people are quite different 133 00:09:34,650 --> 00:09:42,090 and they want different stuff so the teacher is a person who specialize in helping people move from 134 00:09:42,090 --> 00:09:45,740 their current place to their desired place. 135 00:09:45,900 --> 00:09:48,680 And there are three reasons why people hire teachers. 136 00:09:48,840 --> 00:09:54,470 And if you want to evolve and become specialist you need to pick a specific niche. 137 00:09:54,570 --> 00:10:00,720 If you help everyone with everything you will realize that you can't master your craft and you will 138 00:10:00,720 --> 00:10:07,620 never master one specific proof of concept that you can sell to older people to think about a personal 139 00:10:07,620 --> 00:10:08,760 fitness trainer. 140 00:10:08,760 --> 00:10:12,560 Well if one personal trainer helps people to lose weight. 141 00:10:12,780 --> 00:10:20,490 This is very broad and he is not a specialist but if that person is helping overweight male gamers who 142 00:10:20,490 --> 00:10:26,440 sits in front of the computer for about 10 hours to get in shape in six months. 143 00:10:26,580 --> 00:10:34,110 Well that is a razor sharp niche and that fitness trainer can master his proof of concept and when he 144 00:10:34,170 --> 00:10:42,900 has a detailed plan how exactly this program works and gets results he can sell this program to hundreds 145 00:10:42,930 --> 00:10:45,840 of people who fall into this niche. 146 00:10:45,990 --> 00:10:48,510 But if he is a generalist what will happen. 147 00:10:48,510 --> 00:10:52,270 He realized that one person is male another is female. 148 00:10:52,270 --> 00:10:58,550 One is skinny another while you will be very fat and one is already a fitness maniac. 149 00:10:58,560 --> 00:11:04,200 And all the rest are coming into the gym for the first time and destroying their will be man. 150 00:11:04,200 --> 00:11:08,460 This is so complex I can't solve all of these people problems. 151 00:11:08,460 --> 00:11:11,650 Everyone's so different is exhausting. 152 00:11:11,670 --> 00:11:18,660 I hope you get my point with the niche everyone you fall into a line and you realize all of their similarities 153 00:11:18,840 --> 00:11:21,390 and you got your solution and your proof of concept. 154 00:11:21,400 --> 00:11:25,920 Razor sharp saw you will become dangerous without niche. 155 00:11:25,960 --> 00:11:33,070 You're confused and take everyone basically you have no idea what you're doing and with a niche you're 156 00:11:33,090 --> 00:11:41,320 focused sharp and dangerous so let's recap the old speeches are old and boring. 157 00:11:41,320 --> 00:11:42,740 And it's time to go. 158 00:11:42,760 --> 00:11:49,030 You don't just need to do something because everyone else is doing it and pretty much that is the recipe 159 00:11:49,030 --> 00:11:50,360 for disaster. 160 00:11:50,380 --> 00:11:54,010 People ask the question what people are doing. 161 00:11:54,280 --> 00:11:59,830 And they never consider the fact that people are looking for what they're becoming. 162 00:11:59,830 --> 00:12:05,410 People want to change their current place with their desired place all the time. 163 00:12:05,560 --> 00:12:11,490 Even some random teacher in the most prestigious school somewhere will have dreams and desires that 164 00:12:11,490 --> 00:12:12,940 you want to achieve. 165 00:12:12,940 --> 00:12:20,970 So just targeting teachers will not be so smart because every teacher has different goals and desires. 166 00:12:21,040 --> 00:12:25,330 It's the same if you target students for your teaching practice. 167 00:12:25,630 --> 00:12:29,740 You can target teenagers but down there so different. 168 00:12:29,740 --> 00:12:33,190 It's not possible to have a proof concept here. 169 00:12:33,190 --> 00:12:39,880 Also the industries are never changing and people do the same boring things every day and everyone's 170 00:12:39,890 --> 00:12:47,500 turning met everyone just copying each other and not being unique and different is ever created. 171 00:12:47,560 --> 00:12:49,590 Madness of the crowds. 172 00:12:49,780 --> 00:12:56,590 This also seriously limits your ability to make exponential profits because you're not different. 173 00:12:56,590 --> 00:12:59,090 You're the same as everyone else. 174 00:12:59,140 --> 00:13:04,790 And how some students will choose you is that from thousands of teachers out there. 175 00:13:04,930 --> 00:13:06,780 Where is your uniqueness. 176 00:13:06,880 --> 00:13:14,230 People working in the classical niches also feel stuck all the time because everything is so flat and 177 00:13:14,230 --> 00:13:15,190 boring. 178 00:13:15,190 --> 00:13:20,230 They don't enjoy the game anymore and to work with no passion and motivation. 179 00:13:20,230 --> 00:13:27,970 The classical examples are lawyers dentists doctors teachers plastic surgeons fitness instructor US 180 00:13:28,270 --> 00:13:32,610 software developers architects and many many more. 181 00:13:33,250 --> 00:13:42,160 So now let's introduce a new way of thinking about the niches the new niches are super unique infinite 182 00:13:42,400 --> 00:13:45,380 and they're always mutating. 183 00:13:45,400 --> 00:13:49,460 There is no limit to the possible combinations of meeting. 184 00:13:49,480 --> 00:13:50,590 Look around you. 185 00:13:50,590 --> 00:13:52,690 The world is full of problems. 186 00:13:52,750 --> 00:13:57,280 We fix something and then other things will pop up onto the horizon. 187 00:13:57,280 --> 00:14:04,900 So because of this we can be really different from anybody else because we can see the world from our 188 00:14:04,900 --> 00:14:08,680 point of view from our own experiences. 189 00:14:08,680 --> 00:14:12,150 We can spot things that everyone can't. 190 00:14:12,160 --> 00:14:18,550 That's the reason why I don't tell you some profitable niches you can use because think about what will 191 00:14:18,550 --> 00:14:23,080 happen every single teacher will teach the same stuff to everybody. 192 00:14:24,340 --> 00:14:27,820 And that's truly a recipe for disaster. 193 00:14:27,820 --> 00:14:34,710 You must look at the market and make that choice according to your own points of views and experiences. 194 00:14:34,900 --> 00:14:43,960 Here we look at the market and we think I wonder where these people would go what are they becoming. 195 00:14:44,440 --> 00:14:47,750 How are they evolving. 196 00:14:47,770 --> 00:14:50,700 Where do people want to go. 197 00:14:50,710 --> 00:14:58,050 We don't just look people as a static trees anymore here we know that they want to change and they wanted 198 00:14:58,120 --> 00:15:00,240 badly all the time. 199 00:15:00,340 --> 00:15:02,170 So let's see how this looks. 200 00:15:02,360 --> 00:15:05,160 Are new and very exciting. 201 00:15:05,170 --> 00:15:12,190 Once you open your mind and clear your eyes to spot new opportunities you find that there are infinite 202 00:15:12,190 --> 00:15:17,950 possible combinations out there and the niches are constantly mutating. 203 00:15:17,950 --> 00:15:22,560 It's amazing that we are living in today's world where we have the Internet. 204 00:15:22,630 --> 00:15:27,030 New industries are created every single day. 205 00:15:27,130 --> 00:15:33,790 Also because you will be new and unique you find yourself in a blue ocean and you can make a lot of 206 00:15:33,790 --> 00:15:34,180 money. 207 00:15:34,900 --> 00:15:36,750 So let's see some examples. 208 00:15:36,760 --> 00:15:45,410 With the new way of thinking about these niches lawyers who want to learn how to draw dentists who want 209 00:15:45,410 --> 00:15:55,740 to learn how to advertise on Facebook kids who want to learn English by watching cartoons single moms 210 00:15:55,980 --> 00:15:58,990 who want to beat binge eating. 211 00:15:59,280 --> 00:16:07,020 Busy professionals who want to improve their language to close more deals and pretty much the limit 212 00:16:07,080 --> 00:16:08,460 is your own mind. 213 00:16:08,460 --> 00:16:16,240 You must train your mind into this new way of thinking and own your own decision about your niche. 214 00:16:16,290 --> 00:16:22,740 Don't copy older people because you find out that you're not quite familiar with the stuff that other 215 00:16:22,740 --> 00:16:23,910 people are selling. 216 00:16:24,000 --> 00:16:26,460 And you you fail miserably. 217 00:16:26,460 --> 00:16:30,060 It's very possible to feel stuck right now. 218 00:16:30,120 --> 00:16:37,920 I get it because all of the sudden you must say no to a lot of stuff in order to pick something specific 219 00:16:38,790 --> 00:16:42,230 and your subconscious mind is going nuts right now. 220 00:16:42,390 --> 00:16:45,570 You question everything and that's normal. 221 00:16:45,570 --> 00:16:51,740 You might be asking questions like what we would do if this stuff doesn't work. 222 00:16:51,840 --> 00:16:58,070 What will happen if I found out that I'm not so interested in this niche in particular. 223 00:16:58,080 --> 00:17:03,080 Well that's some very good questions and I'm gonna explain to you right now. 224 00:17:03,120 --> 00:17:11,550 Why is a problem and the short answer that I can give you is you just need to pick something that's 225 00:17:11,550 --> 00:17:12,580 it seriously. 226 00:17:12,960 --> 00:17:15,180 It doesn't matter if it's right or wrong. 227 00:17:15,480 --> 00:17:21,930 If you lived your life in circles by now it's really time to pick something and adjust your focus and 228 00:17:22,020 --> 00:17:23,590 effort into this. 229 00:17:23,700 --> 00:17:30,030 If you find out that you don't like your niche or your current methods you can always find intelligent 230 00:17:30,030 --> 00:17:32,420 ways to change your niche always. 231 00:17:32,640 --> 00:17:34,140 And it's super easy. 232 00:17:34,140 --> 00:17:36,550 No one will think of you as a failure. 233 00:17:36,660 --> 00:17:38,330 No one will be mad at you. 234 00:17:38,370 --> 00:17:40,130 It's just business. 235 00:17:40,140 --> 00:17:44,160 Let's see what are the common niche mistakes people make. 236 00:17:44,220 --> 00:17:50,010 Well people think that when they pick something and that things never changes it's here to stay. 237 00:17:50,100 --> 00:17:51,890 And they are stuck. 238 00:17:51,930 --> 00:17:52,990 That's not true. 239 00:17:53,070 --> 00:17:55,190 Not even close. 240 00:17:55,230 --> 00:17:56,540 I picked the wrong things. 241 00:17:56,550 --> 00:18:00,540 Maybe a hundred times before I got here right now helping you. 242 00:18:01,080 --> 00:18:03,030 I was a musician an artist. 243 00:18:03,040 --> 00:18:09,350 They were selling pretty much everything before I decide to pick something specific and master it. 244 00:18:10,500 --> 00:18:17,500 That's why I picked the teaching online niche and I really need to master this field. 245 00:18:17,510 --> 00:18:25,270 You can change and evolve according to the path you follow and that's the only way to do it correctly. 246 00:18:25,280 --> 00:18:33,500 It's not possible to stay in one place so if you like it or not your niche choice will naturally evolve 247 00:18:33,530 --> 00:18:34,290 anyway. 248 00:18:34,460 --> 00:18:38,370 And that's the reason why the second problem here in the slight exists. 249 00:18:38,420 --> 00:18:45,650 Some people who understand that there are so many combinations and mutations and constant evolution 250 00:18:45,830 --> 00:18:52,760 are unable to pick something because they're overthinking it too much to the point where they lie in 251 00:18:52,760 --> 00:19:00,890 their beds and watch the ceiling with no hopes and desires to do anything that's also called paralysis 252 00:19:00,920 --> 00:19:02,050 by analysis. 253 00:19:02,240 --> 00:19:04,600 And it's very very real problem. 254 00:19:04,760 --> 00:19:06,560 You have so many choice. 255 00:19:06,650 --> 00:19:11,560 So basically your brain shut down and you never take any action. 256 00:19:11,570 --> 00:19:18,620 That's why some stores have little items to make the purchase decision quite easy for the customer. 257 00:19:18,680 --> 00:19:22,490 You can find similar patterns also in your personal life. 258 00:19:22,610 --> 00:19:30,590 So just stop and pick something dollar ones you may be question your ability to help people you think 259 00:19:30,740 --> 00:19:34,100 I don't have the necessary skills to help this group of people. 260 00:19:34,100 --> 00:19:38,210 I don't have any certificates and credentials and all of these things. 261 00:19:38,360 --> 00:19:40,100 That's nonsense. 262 00:19:40,130 --> 00:19:41,780 Don't think about this right now. 263 00:19:41,780 --> 00:19:48,890 Later in the end of this video I will give you practical exercises that I help you to pick your unique 264 00:19:48,950 --> 00:19:49,690 niche. 265 00:19:49,700 --> 00:19:50,660 Stay with me. 266 00:19:51,290 --> 00:19:58,610 Well it's a trap when your decision can be heavily influenced by the people around you your social circle. 267 00:19:58,700 --> 00:20:05,270 It's a good idea to look what's happening around you because that can really help you pick your niche 268 00:20:06,050 --> 00:20:12,980 and you can spot very different and interesting problems but you must be really careful because people 269 00:20:12,980 --> 00:20:21,010 can also influence you in a bad way or you just can be too afraid to say no in general saying no is 270 00:20:21,030 --> 00:20:22,430 super hard. 271 00:20:22,430 --> 00:20:29,000 Remember your early days when some friends are calling you to hang out and you have some work to do 272 00:20:29,600 --> 00:20:36,080 but you can just say no I have work to do because you feared missing something outside. 273 00:20:36,080 --> 00:20:37,470 It's also a trap. 274 00:20:37,500 --> 00:20:40,330 Recognize that problem and eliminate it. 275 00:20:40,490 --> 00:20:42,430 Really the keys just start. 276 00:20:42,440 --> 00:20:46,730 It's super mandatory don't stay in one place because you will fall. 277 00:20:46,730 --> 00:20:50,000 Remember when you'll learn for the first time how to ride the bike. 278 00:20:50,120 --> 00:20:53,480 Well you must be in motion to keep balance. 279 00:20:53,540 --> 00:20:57,110 It's super hard to keep balance when you're stuck in one place. 280 00:20:57,140 --> 00:21:00,150 You need to be in motion is the same with the niches. 281 00:21:00,170 --> 00:21:01,640 It's no different. 282 00:21:01,640 --> 00:21:06,410 You need to pick something and it doesn't matter that it will be right or wrong. 283 00:21:06,410 --> 00:21:10,880 The motion will fix that right after you start moving a little bit. 284 00:21:10,880 --> 00:21:16,640 You start adjusting your balance and you will start taking the right decisions according to the part 285 00:21:16,670 --> 00:21:17,570 you need to follow. 286 00:21:18,020 --> 00:21:21,240 If you just stay where you are what do you expect to happen. 287 00:21:21,620 --> 00:21:23,300 Well absolutely nothing. 288 00:21:23,450 --> 00:21:30,000 Everyone around you we all learned how to ride that bike but you will be afraid even to start. 289 00:21:30,020 --> 00:21:35,920 I remember when I was in university a couple of years ago my colleagues never took any actions and they're 290 00:21:35,930 --> 00:21:36,670 still there. 291 00:21:36,680 --> 00:21:43,760 Confused don't know what to do and I changed a hundred niches by then and now I evolved so much. 292 00:21:43,760 --> 00:21:47,090 That's ridiculous how I would be here. 293 00:21:47,120 --> 00:21:51,050 Where am I today if I haven't failed a hundred times. 294 00:21:51,050 --> 00:21:52,390 It's part of the game. 295 00:21:52,460 --> 00:21:53,690 That's how you learn. 296 00:21:54,260 --> 00:22:00,260 And now lastly before I continue with the lesson and exercises I want to give you another very important 297 00:22:00,260 --> 00:22:07,760 reason to pick some specific niche because you can evolve slowly and the bigger animals will not support 298 00:22:07,760 --> 00:22:09,140 you to kill you. 299 00:22:09,140 --> 00:22:15,170 You can start with something very very tiny and specific where no one is looking pretty much in the 300 00:22:15,170 --> 00:22:17,410 beginning where you're still small. 301 00:22:17,420 --> 00:22:23,630 Most of the people will not even understand what you're doing and for example if your niches. 302 00:22:23,630 --> 00:22:28,270 People who play some specific video game and most of the people will be. 303 00:22:28,400 --> 00:22:29,870 What does this person do. 304 00:22:29,870 --> 00:22:33,550 He's insane but they're unable to spot by evolution from there. 305 00:22:33,590 --> 00:22:37,310 You can start with hoping some child with some specific game. 306 00:22:37,460 --> 00:22:45,340 Then you can start selling your own video games then you can become indie game studio then large studio 307 00:22:45,800 --> 00:22:47,960 you can start making blockbusters. 308 00:22:48,020 --> 00:22:53,570 You can make systems company from there like helping people with their videogame addictions. 309 00:22:53,570 --> 00:23:01,280 And slowly slowly you can become a giant beast that no one can stop but you can't start that way because 310 00:23:01,280 --> 00:23:03,410 the big animals will eat you alive. 311 00:23:03,410 --> 00:23:09,850 Imagine what to happen if you try to create a giant video game company right from the beginning. 312 00:23:09,890 --> 00:23:16,430 No chance for sure no one will give you money and even if someone will give you money the other big 313 00:23:16,430 --> 00:23:21,140 companies will spot you and they most probably will buy the stuff you're making. 314 00:23:21,140 --> 00:23:24,090 Or they will destroy you and you will fail. 315 00:23:24,200 --> 00:23:30,200 But when you start with small specific niche that allows you to place your foothold somewhere in the 316 00:23:30,200 --> 00:23:36,380 market place where the big animals can't spot you yet you will not have any competition. 317 00:23:36,470 --> 00:23:41,620 And this will give you so much space for evolution to Butte your path from there. 318 00:23:41,730 --> 00:23:43,700 It's super strategic. 319 00:23:43,700 --> 00:23:48,050 That way you can also see a pattern with clear pattern. 320 00:23:48,140 --> 00:23:56,930 You can replicate the results like crazy and so in conclusion starting small and specific is actually 321 00:23:57,020 --> 00:23:59,010 the smart thing to do. 322 00:23:59,120 --> 00:24:01,260 How to find the perfect niche. 323 00:24:01,280 --> 00:24:03,720 The biggest question in this video. 324 00:24:04,220 --> 00:24:08,670 Well I'm not going to give you here the perfect niche and be like you go. 325 00:24:08,770 --> 00:24:09,770 Here's the niche. 326 00:24:09,770 --> 00:24:11,120 Go do your magic. 327 00:24:11,120 --> 00:24:11,810 No. 328 00:24:11,840 --> 00:24:17,050 Now we are gonna analyze how the profitable niches are created in this marketplace. 329 00:24:17,060 --> 00:24:19,370 We've got these three things. 330 00:24:19,370 --> 00:24:21,230 First the passions. 331 00:24:21,230 --> 00:24:24,840 This is the stuff that you enjoy doing the most here. 332 00:24:25,080 --> 00:24:26,810 You feel truly happy. 333 00:24:26,840 --> 00:24:32,700 Second Circle is the problems that the market needs and desires. 334 00:24:32,720 --> 00:24:35,740 We've talked about why people buy in the previous video. 335 00:24:35,960 --> 00:24:41,720 It's because people feel pain and they want a better version of themselves but they're unable to get 336 00:24:41,720 --> 00:24:42,500 there alone. 337 00:24:42,500 --> 00:24:47,320 Here people are ready to take the money out of their pocket and give it to you. 338 00:24:47,390 --> 00:24:52,600 That circle is the main source of income for any industry. 339 00:24:53,240 --> 00:24:58,820 And the last one is your skills that includes your current skills that you have right now. 340 00:24:58,820 --> 00:25:04,000 Or if you don't have any skills right now that's also not a big deal. 341 00:25:04,010 --> 00:25:06,850 Whilst you understand what skills you want exactly. 342 00:25:06,920 --> 00:25:13,670 You can sit in your butt and learn them very fast when you combine all of the three elements the perfect 343 00:25:13,760 --> 00:25:20,660 overlap in the middle is your perfect niche when you make your way to this perfect spot you feel like 344 00:25:20,660 --> 00:25:27,080 a god because not only you make money but also from the stuff you enjoy and believe. 345 00:25:27,080 --> 00:25:32,720 The problem in the marketplace is that the vast majority of people believe that the skills are the most 346 00:25:32,720 --> 00:25:34,510 important factor of all. 347 00:25:34,550 --> 00:25:37,000 I don't want to say that it's not important. 348 00:25:37,160 --> 00:25:37,820 Not at all. 349 00:25:38,390 --> 00:25:42,050 But what I'm trying to say is that people are blind. 350 00:25:42,140 --> 00:25:48,780 They go out there trying to get really skilled into something without knowing what's the outcome. 351 00:25:48,890 --> 00:25:56,120 They go to three four or five universities to take all sorts of diplomas and certificates and then only 352 00:25:56,120 --> 00:25:59,620 to find out that people don't care. 353 00:25:59,630 --> 00:26:01,270 I want to ask you a question. 354 00:26:01,340 --> 00:26:07,370 When was the last time you took some money in your hand and went outside to give your money to some 355 00:26:07,370 --> 00:26:09,020 smart people. 356 00:26:09,050 --> 00:26:15,710 Imagine you walking down the street with some money in your hand and asking hey is there some smart 357 00:26:15,710 --> 00:26:20,060 person here with a lot of skills and certificates to give him my money. 358 00:26:20,090 --> 00:26:22,310 It will be so ridiculous. 359 00:26:22,310 --> 00:26:24,020 No one is doing it. 360 00:26:24,050 --> 00:26:25,430 People are mad. 361 00:26:25,430 --> 00:26:31,730 Some people can spend 10 years trying to get a really skilled into something. 362 00:26:31,820 --> 00:26:38,000 For example they can learn some sort of that language but no one is speaking anywhere and to wonder 363 00:26:38,120 --> 00:26:38,930 why I'm broke. 364 00:26:38,930 --> 00:26:42,350 For God's sake why people are not giving me any money. 365 00:26:42,410 --> 00:26:44,060 It's not fair. 366 00:26:44,060 --> 00:26:50,760 Well my friend it's perfectly fair because the market doesn't care what skills you possess. 367 00:26:50,780 --> 00:26:54,710 People don't pay you money just because you're smart. 368 00:26:54,710 --> 00:26:57,940 There are a lot of smart people out there working in McDonald's. 369 00:26:57,950 --> 00:26:59,420 Why is that. 370 00:26:59,420 --> 00:27:01,420 Let's find out what's the problem. 371 00:27:01,460 --> 00:27:02,590 Out of all three. 372 00:27:02,600 --> 00:27:08,800 The most important factor is the problems the true market needs and desires. 373 00:27:08,810 --> 00:27:15,410 You can take some stupid person and put him in a market where people suffer from all kinds of problems. 374 00:27:15,440 --> 00:27:19,730 If you find some way to help them here you take clients and make money. 375 00:27:19,730 --> 00:27:23,970 Think about the auto mechanics of course they're really skilled. 376 00:27:24,140 --> 00:27:29,630 But the point I'm trying to make is that they're in the painful market where there are a lot of problems 377 00:27:29,630 --> 00:27:30,770 to be solved. 378 00:27:30,770 --> 00:27:36,880 You can take some sixteen year old boy that can change tires and find some clients and make money. 379 00:27:36,890 --> 00:27:38,870 I don't know how to fix cars. 380 00:27:39,020 --> 00:27:46,100 And so if my car has some sort of a problem I will be happy to pay some 16 year old to fix my car. 381 00:27:46,100 --> 00:27:53,740 Of course if he can if he has the skills the real roll skills not anything else that distorts the marketplace. 382 00:27:53,780 --> 00:27:56,300 I need the real role skills. 383 00:27:56,300 --> 00:28:03,890 And since he's at the painful market the more he got skilled the more money he will make eventually 384 00:28:03,920 --> 00:28:04,910 in the future. 385 00:28:04,910 --> 00:28:09,330 But if that guy is at the market that no one is ready to pay money. 386 00:28:09,380 --> 00:28:12,500 It doesn't matter if he's the smartest guy in the world. 387 00:28:12,560 --> 00:28:13,550 He would be broke. 388 00:28:13,790 --> 00:28:21,080 So it's really important to first find the problem in the market place and then go out there and learn 389 00:28:21,080 --> 00:28:23,030 the necessary skills to solve it. 390 00:28:23,030 --> 00:28:29,460 That's something I refer to just in case information versus just in time information. 391 00:28:29,540 --> 00:28:32,530 It's so important to think creative about this. 392 00:28:32,540 --> 00:28:39,590 I know you can easily miss my point and take my words out of context like Well George you're not right. 393 00:28:39,590 --> 00:28:41,020 Think about the doctors. 394 00:28:41,090 --> 00:28:45,430 How can a doctor learn just in time information. 395 00:28:45,440 --> 00:28:48,120 You're right and I completely agree with that. 396 00:28:48,290 --> 00:28:55,730 But in today's age the world is changing very very fast and you can't rely on something that worked 397 00:28:55,730 --> 00:29:02,930 before and assumed that one day you will need it just in case information is very risky parts to take 398 00:29:03,230 --> 00:29:09,410 because as you can see there are so many students with diplomas out there who can't make money. 399 00:29:09,410 --> 00:29:12,010 There is no need in the marketplace for them. 400 00:29:12,020 --> 00:29:18,290 Think about accounting you can spend five years learning accounting and more than five years actually. 401 00:29:18,380 --> 00:29:25,310 That's just in case information and when you graduate you can find out that not only you don't like 402 00:29:25,310 --> 00:29:32,800 it and pretty much your hate it but also your excuse are not relevant to the current marketplace. 403 00:29:32,830 --> 00:29:36,430 I see the problem everywhere around me right now. 404 00:29:36,430 --> 00:29:44,110 You can become really skilled accountant with only just in time information and solve very specific 405 00:29:44,110 --> 00:29:48,520 problem for a specific group of people and make money. 406 00:29:48,520 --> 00:29:52,160 You can evolve from there and become better and better. 407 00:29:52,390 --> 00:29:55,870 But with the old model you need to study for five years. 408 00:29:55,900 --> 00:30:00,720 Take your CPA and then go out there and make money. 409 00:30:00,820 --> 00:30:08,250 But in that five year timeframe if somebody else had practice with real people real problems. 410 00:30:08,320 --> 00:30:10,480 Boy here you get your ass kicked. 411 00:30:10,810 --> 00:30:14,320 So if we need to make it more practical to understand me. 412 00:30:14,320 --> 00:30:19,400 If you assume that you're starting right now and you don't have any skills. 413 00:30:19,660 --> 00:30:26,290 What is the bet you can take to be relevant in the marketplace and stand out to make money. 414 00:30:26,290 --> 00:30:32,460 Well I hope you understand that the problems are the most important factor. 415 00:30:32,530 --> 00:30:34,400 We can start with that. 416 00:30:34,900 --> 00:30:38,350 When you find a painful problem in the marketplace. 417 00:30:38,380 --> 00:30:39,390 Go for it. 418 00:30:39,490 --> 00:30:40,660 Try to solve it. 419 00:30:40,780 --> 00:30:49,570 And if you can't or some sort of documentation is stopping you then you can go and take your certificate 420 00:30:49,600 --> 00:30:56,590 or something but always start with the market problems and go out there and test the waters when people 421 00:30:56,650 --> 00:30:59,440 are ready to pay money for their problem to be solved. 422 00:30:59,440 --> 00:31:01,740 You can sit and learn the skills. 423 00:31:01,900 --> 00:31:08,860 Obviously you can't become master in one month but when you find your small specific niche is very easy 424 00:31:08,860 --> 00:31:09,820 to acquire. 425 00:31:09,850 --> 00:31:16,140 The minimum viable skill solution something very very small like dude with the tires. 426 00:31:16,160 --> 00:31:24,130 He's not a pro auto mechanic but he can start with only changing the tires and he can evolve from there 427 00:31:24,370 --> 00:31:31,450 slowly but it's way more secure but then just case information it's not smart to study for years for 428 00:31:31,450 --> 00:31:33,550 something that's not proven to work. 429 00:31:33,610 --> 00:31:37,730 So you really don't need to be an expert to solve problems. 430 00:31:37,780 --> 00:31:41,750 It's all about knowing a little bit more than your perfect client. 431 00:31:41,950 --> 00:31:48,190 Why I'm telling you all of that stuff because a lot of people believe in order to do a proper business 432 00:31:48,250 --> 00:31:51,470 that needs to grow and make money. 433 00:31:51,490 --> 00:31:52,960 You need to be an expert. 434 00:31:52,990 --> 00:31:56,880 Well as you can see no one is giving you money just because you're smart. 435 00:31:56,890 --> 00:31:59,680 It's all about solving problems. 436 00:31:59,680 --> 00:32:00,530 That's it. 437 00:32:00,550 --> 00:32:05,980 And if some human is trying to discourage you that's you need to become expert. 438 00:32:05,980 --> 00:32:07,150 Don't listen. 439 00:32:07,150 --> 00:32:10,200 Obviously that human doesn't know what he's talking about. 440 00:32:10,210 --> 00:32:13,320 I'm the living and breathing example of this. 441 00:32:13,390 --> 00:32:19,160 People pay me money to teach them how to draw and I'm obviously not an expert. 442 00:32:19,210 --> 00:32:20,230 Nowhere near. 443 00:32:20,330 --> 00:32:24,200 So it's important to be just a few steps ahead. 444 00:32:24,250 --> 00:32:27,070 Then your perfect client you're trying to help. 445 00:32:27,070 --> 00:32:33,640 It's easy to acquire the necessary skills after you find some very specific problem and the last thing 446 00:32:33,700 --> 00:32:36,510 is that you need to be passionate about an inch. 447 00:32:36,520 --> 00:32:42,670 Well this is the least important part because for the short term it's not so important to be passionate 448 00:32:42,730 --> 00:32:48,010 about your work that much because you have bills to pay as you can see the money is coming from the 449 00:32:48,010 --> 00:32:50,070 market not from your passions. 450 00:32:50,110 --> 00:32:52,390 So that's why I put this circle in debt. 451 00:32:52,540 --> 00:32:58,270 But when you're forming your niche you need to consider it also because it's a matter of time to work 452 00:32:58,270 --> 00:33:01,290 on some boring niche and don't get burnt out. 453 00:33:01,300 --> 00:33:03,490 Passions are also important. 454 00:33:03,490 --> 00:33:10,480 You can merge skills with problems and be almost happy because you'll make money and you will not starve 455 00:33:10,480 --> 00:33:11,250 to death. 456 00:33:11,410 --> 00:33:18,300 But if you merge passions with skills like the 90 percent of the artists out there you have a big problem. 457 00:33:18,340 --> 00:33:23,220 You starve to death and you will be angry at everything around you all the time. 458 00:33:23,350 --> 00:33:25,690 You say things like It's not fair. 459 00:33:25,690 --> 00:33:26,950 People are stupid. 460 00:33:26,950 --> 00:33:28,550 I deserve more. 461 00:33:28,600 --> 00:33:30,740 Well are you. 462 00:33:30,760 --> 00:33:33,290 Remember you can't fight the market. 463 00:33:33,490 --> 00:33:36,080 No one can fight the market. 464 00:33:36,280 --> 00:33:38,310 Well a lot of information I know. 465 00:33:38,440 --> 00:33:40,690 But we had to go through all of this. 466 00:33:40,840 --> 00:33:44,880 I need you to clear your mind from all of the noise out there. 467 00:33:44,920 --> 00:33:47,860 I need you to think clear and by yourself. 468 00:33:47,920 --> 00:33:52,720 And now I will give you an example how it all works in the real world. 469 00:33:52,750 --> 00:33:54,910 All right here's the real world example. 470 00:33:54,910 --> 00:34:02,680 These are Instagram profiles of Sara and Alex James a couple who travels the world with the van yes 471 00:34:02,800 --> 00:34:03,370 a van. 472 00:34:03,580 --> 00:34:09,810 I don't know what's the correct model but some fun that they're transformed into a living space with 473 00:34:09,850 --> 00:34:12,650 shower and everything. 474 00:34:12,670 --> 00:34:14,690 They also have a mini kitchen. 475 00:34:14,740 --> 00:34:18,550 They also work remotely with only a laptop. 476 00:34:18,550 --> 00:34:24,370 It looks very comfortable and when the night comes they remove the table and adjust the bed. 477 00:34:24,370 --> 00:34:25,910 It looks a. 478 00:34:26,020 --> 00:34:28,470 These people don't have classical jobs. 479 00:34:28,540 --> 00:34:31,230 They don't have a boss in their shoulders. 480 00:34:31,240 --> 00:34:38,200 They absolutely live the life of freedom and the big question is how do these people can afford to live 481 00:34:38,200 --> 00:34:38,860 like that. 482 00:34:38,860 --> 00:34:41,350 How do they make money online. 483 00:34:41,350 --> 00:34:42,500 They have a niche right. 484 00:34:42,580 --> 00:34:44,990 And as you can see a pretty unique niche. 485 00:34:45,010 --> 00:34:47,240 Let's analyze what is their niche. 486 00:34:47,240 --> 00:34:51,510 They're perfectly combined all of the three magic elements in the equation. 487 00:34:51,520 --> 00:34:54,310 Let's dive deep into each of them passions. 488 00:34:54,310 --> 00:34:56,020 What are their passions. 489 00:34:56,020 --> 00:35:00,420 Well obviously they like to travel with the van they like vacations. 490 00:35:00,520 --> 00:35:04,110 They like to wake up with the view of the ocean. 491 00:35:04,210 --> 00:35:10,930 They want location independence their passion also is to be able to work only with a laptop. 492 00:35:10,960 --> 00:35:12,310 They like minimalism. 493 00:35:12,310 --> 00:35:17,410 And as far I can see they're perfectly optimized everything around that. 494 00:35:17,470 --> 00:35:19,000 And that's for the patients. 495 00:35:19,000 --> 00:35:23,590 Let's see what problems they are solving why people pay them money. 496 00:35:23,710 --> 00:35:29,450 Well there is a lot of people out there who are sick and tired from their day job. 497 00:35:29,470 --> 00:35:33,100 They want to experience the life of freedom. 498 00:35:33,100 --> 00:35:39,940 They want to be able to travel the world but don't know how and think about if you want right now to 499 00:35:39,940 --> 00:35:42,990 make your van with toilet and shower. 500 00:35:43,000 --> 00:35:44,770 Do you know how to do that. 501 00:35:44,770 --> 00:35:49,930 Do you know how to install solar panels on the roof and how to set your batteries. 502 00:35:49,930 --> 00:35:53,890 They have a couple of different batteries so that they never worry about electricity. 503 00:35:54,340 --> 00:36:01,060 Well I certainly don't know how to do that and also how to isolate the van how to heat the water for 504 00:36:01,060 --> 00:36:03,160 the shower and the kitchen well. 505 00:36:03,340 --> 00:36:09,450 D all our problems that people face and they're willing to pay money for some help. 506 00:36:09,700 --> 00:36:14,470 Well these dudes already travel with the van and they know how to do all of this stuff. 507 00:36:14,560 --> 00:36:17,410 Which brings us to the skills section. 508 00:36:17,410 --> 00:36:19,870 How do they acquire the skills. 509 00:36:19,870 --> 00:36:21,840 College university. 510 00:36:21,850 --> 00:36:26,270 Imagine you go to some college for four years to learn how to throw with the world. 511 00:36:27,030 --> 00:36:32,990 Well they acquired these skills through just in time information. 512 00:36:33,010 --> 00:36:37,990 Do you think when they first started with this journey they were the best of this. 513 00:36:37,990 --> 00:36:39,170 Well probably not. 514 00:36:39,250 --> 00:36:46,450 But if they see a problem in the market and they place themselves right into the heart and matter they 515 00:36:46,450 --> 00:36:51,580 can learn with just in time information with trial and error. 516 00:36:51,580 --> 00:36:53,150 They can evolve from there. 517 00:36:53,230 --> 00:36:59,290 And now when they possess these skills they can charge money to teach others what they know to save 518 00:36:59,290 --> 00:37:03,390 people's time how they use just in time information to learn this. 519 00:37:03,400 --> 00:37:08,290 Well I don't know but probably books online courses e-books YouTube channels. 520 00:37:08,290 --> 00:37:13,720 Now with the power of the Internet we can learn everything faster than ever before. 521 00:37:13,720 --> 00:37:18,790 And now when we know that they've combined perfectly the three elements. 522 00:37:18,790 --> 00:37:22,090 What exactly is their niche. 523 00:37:22,090 --> 00:37:27,760 Well I don't know what is their original niche but according to our little analysis here I assumed their 524 00:37:27,760 --> 00:37:35,410 niche is people who want to live the laptop lifestyle while travelling with a van full time and now 525 00:37:35,410 --> 00:37:37,680 they teach others how to do the same. 526 00:37:37,690 --> 00:37:39,830 That's a pretty unique niche. 527 00:37:39,850 --> 00:37:45,040 I bet you haven't heard of something like this before and that's why I wanted to give you a real world 528 00:37:45,070 --> 00:37:51,190 example for some unique niche because the classical definition of niches is so static that everyone 529 00:37:51,190 --> 00:37:52,390 is blind. 530 00:37:52,390 --> 00:37:59,620 New niches are born every single day because the world is changing very fast and that also creates new 531 00:37:59,740 --> 00:38:05,980 and exciting opportunities to be solved and the amazing thing is that people will pay money to those 532 00:38:05,980 --> 00:38:12,520 who can inspire them and prove them that they already do what they want to learn. 533 00:38:12,610 --> 00:38:16,080 So you don't need to be an expert to start. 534 00:38:16,090 --> 00:38:22,150 You just need to know a little bit more than your ideal client to be a few steps ahead and you don't 535 00:38:22,150 --> 00:38:27,070 need to worry about competition so much because with this new way of thinking you already know that 536 00:38:27,070 --> 00:38:33,830 the niches are mutating constantly and you just need to be the best at one thing to be successful. 537 00:38:33,970 --> 00:38:39,910 As you can see with this very very small change you already target a completely different group of people. 538 00:38:39,910 --> 00:38:46,870 The first are people who want to travel with the van and the second are people who want to travel with 539 00:38:46,870 --> 00:38:47,670 the bike. 540 00:38:47,680 --> 00:38:54,220 So when you pick your niche you have to be very specific with your choice so people can hear you speak 541 00:38:54,220 --> 00:38:55,300 to them. 542 00:38:55,300 --> 00:39:02,800 You need to become a specialist at something very specific and in business you will never be ready to 543 00:39:02,800 --> 00:39:04,150 solve problems. 544 00:39:04,180 --> 00:39:09,880 Quite often the most important thing is to place yourself in the market where there is a lot of problems 545 00:39:10,270 --> 00:39:16,060 and when you take your clients you only then worry on how to solve their problems. 546 00:39:16,090 --> 00:39:22,300 If you can't solve the specific problem you can hire someone else who can solve it and outsource the 547 00:39:22,300 --> 00:39:22,990 work. 548 00:39:22,990 --> 00:39:24,940 That's how businesses work. 549 00:39:24,980 --> 00:39:26,860 You don't need to know much. 550 00:39:26,870 --> 00:39:28,240 That's not cool. 551 00:39:28,250 --> 00:39:29,770 That's the real business world. 552 00:39:29,780 --> 00:39:33,860 When an opportunity knocks on the door you'll never be hundred percent ready. 553 00:39:33,950 --> 00:39:39,830 And most people miss opportunities because with that dating that they need to be an expert and have 554 00:39:39,830 --> 00:39:41,930 a lot of experience to start. 555 00:39:41,930 --> 00:39:44,450 But that's not true in the business world. 556 00:39:44,480 --> 00:39:51,980 If you won't know it all and to wait for that perfect moment that moment will never come and you will 557 00:39:51,980 --> 00:39:54,640 be stuck for the rest of your life. 558 00:39:54,650 --> 00:39:58,700 The bike has to be in motion to keep balance. 559 00:39:58,760 --> 00:40:01,200 If you stay in one place you'll fall. 560 00:40:01,460 --> 00:40:06,830 And the key here is to believe you can find the right solution in the moment and do what ever you can 561 00:40:06,830 --> 00:40:13,180 to do it acquired the necessary skills to solve the problem or hire all others to help you remember. 562 00:40:13,310 --> 00:40:15,980 The market doesn't care about you. 563 00:40:16,130 --> 00:40:18,530 They don't care what you know. 564 00:40:18,530 --> 00:40:21,290 They only care about themselves. 565 00:40:21,290 --> 00:40:23,680 They want their problems fixed. 566 00:40:24,110 --> 00:40:26,920 It's a total mindset shift but that's it. 567 00:40:26,930 --> 00:40:28,300 That's the key. 568 00:40:28,380 --> 00:40:33,950 The difference between successful people and unsuccessful people is that the successful people believe 569 00:40:34,010 --> 00:40:37,380 in their ability to figure things out. 570 00:40:37,400 --> 00:40:41,760 You want to bring this and put it on your wall so don't forget it. 571 00:40:41,900 --> 00:40:47,990 First find the problem then acquired the right skills or people to solve it. 572 00:40:48,010 --> 00:40:48,410 All right. 573 00:40:48,410 --> 00:40:49,070 Enough Curie. 574 00:40:49,070 --> 00:40:51,480 Now let's down and do some work. 575 00:40:51,530 --> 00:40:54,590 Let's find your unique niche. 576 00:40:54,590 --> 00:40:56,230 We will begin with your passions. 577 00:40:56,270 --> 00:40:58,850 Now I want to listen to me carefully seriously. 578 00:40:58,940 --> 00:41:04,070 If you skip the order of this exercise this you're only hurting yourself and your results. 579 00:41:04,070 --> 00:41:10,160 All right answer the first question what are you passionate about. 580 00:41:10,190 --> 00:41:11,210 This could be anything. 581 00:41:11,270 --> 00:41:13,390 I don't care whatever comes to your mind. 582 00:41:13,400 --> 00:41:18,710 Cooking beds vacations health care medicine makeup Facebook advertising. 583 00:41:18,710 --> 00:41:19,520 I don't know. 584 00:41:19,520 --> 00:41:23,150 Take some pen and paper and don't think too much. 585 00:41:23,150 --> 00:41:29,110 That's why I really need you to take your phone and set a timer for 15 minutes. 586 00:41:29,120 --> 00:41:32,030 Set the timer for 15 minutes and just write. 587 00:41:32,030 --> 00:41:35,170 Don't think exhaust all of your ideas. 588 00:41:35,300 --> 00:41:42,670 Now when you set your timer pause this video and complete the first question was the video right now. 589 00:41:46,120 --> 00:41:46,710 Awesome. 590 00:41:46,720 --> 00:41:48,520 Good job. 591 00:41:48,530 --> 00:41:57,770 Now the second task is to pick no more than five industries or niches that you're passionate about. 592 00:41:57,790 --> 00:42:03,730 Here you can take some of your previous ideas above or you can come up with something new and unique 593 00:42:04,010 --> 00:42:04,350 here. 594 00:42:04,420 --> 00:42:08,010 Just keep in mind that need to be an industry or niche. 595 00:42:08,020 --> 00:42:12,090 For example if you write about that you're passionate about the blue sky. 596 00:42:12,250 --> 00:42:14,960 That's great but it's not an industry or niche. 597 00:42:15,040 --> 00:42:17,440 Here you need to define it more specific. 598 00:42:17,440 --> 00:42:19,680 For example people who love dogs. 599 00:42:19,840 --> 00:42:24,400 Children who suffer from Game Addiction makeup cinema and so on. 600 00:42:24,400 --> 00:42:28,910 There's no time for this exercise here but also you need to complete it now. 601 00:42:28,960 --> 00:42:35,440 Don't skip you you hurt your results so when you're ready take your pen and polish this video right 602 00:42:35,440 --> 00:42:35,970 now. 603 00:42:38,150 --> 00:42:39,040 Good job. 604 00:42:39,050 --> 00:42:40,020 You're doing great. 605 00:42:40,070 --> 00:42:46,790 And the last step you need to complete in the patients worksheet is that you only need to pick one industry 606 00:42:47,090 --> 00:42:49,940 that you want to step in to and to make some money. 607 00:42:49,940 --> 00:42:55,040 If you like fitness you want write fitness as your only one industry. 608 00:42:55,040 --> 00:42:56,220 You're passionate about. 609 00:42:56,240 --> 00:42:57,280 We need some clarity. 610 00:42:57,290 --> 00:42:59,460 That's why I want you to pick on one. 611 00:42:59,510 --> 00:43:03,920 Now again how was this video right now and completed. 612 00:43:04,020 --> 00:43:05,230 All right great. 613 00:43:05,220 --> 00:43:10,890 We're done with the patients and now I hope you'll feel one step closer to the goal. 614 00:43:10,950 --> 00:43:16,440 Now the other wants market problems and your skills are something that you can't complete right now 615 00:43:16,440 --> 00:43:17,050 in this video. 616 00:43:17,520 --> 00:43:21,710 You need to do some research on the marketplace to be able to complete them correct. 617 00:43:21,720 --> 00:43:27,270 I would explain you can't understand properly what are people's problems because you're not them. 618 00:43:27,270 --> 00:43:30,650 I will give you some information where to search later. 619 00:43:30,780 --> 00:43:34,420 Now let's see the questions you need to complete. 620 00:43:34,590 --> 00:43:41,550 Let's complete and the problem section this here is the most powerful section that to give you super 621 00:43:41,550 --> 00:43:43,920 clear perception about your market. 622 00:43:43,920 --> 00:43:49,950 You need to learn to think how your customers are thinking and these questions will help you do that. 623 00:43:49,950 --> 00:43:51,790 Let's see the first question. 624 00:43:51,900 --> 00:43:54,860 What keeps them awake at night. 625 00:43:54,870 --> 00:43:59,550 You know some problem is really powerful when you just can't leave your sleep at night. 626 00:43:59,550 --> 00:44:00,910 Very good question. 627 00:44:01,050 --> 00:44:03,930 What are they angry about. 628 00:44:03,930 --> 00:44:10,260 This is really something you need to pay close attention to because anger is very powerful feeling. 629 00:44:10,320 --> 00:44:16,000 Do they feel nostalgic about something well writing the Phoenix again. 630 00:44:16,020 --> 00:44:19,820 Think about you for example how you feel when you remember the good old days. 631 00:44:19,830 --> 00:44:20,660 He's amazing. 632 00:44:20,790 --> 00:44:22,790 That yellow of summer vibe feeling. 633 00:44:22,860 --> 00:44:27,060 When we were kids young and three simply amazing. 634 00:44:27,060 --> 00:44:29,150 Put yourself in the shoes of your customer. 635 00:44:29,220 --> 00:44:33,240 And to answer that question why do they secretly desire the most. 636 00:44:33,630 --> 00:44:38,540 Well you know we have different desires but some of them we keep at secret. 637 00:44:38,850 --> 00:44:41,400 We don't share them with the rest of the world. 638 00:44:41,430 --> 00:44:46,980 What do you think your customers secretly desire the most that are not willing to share with anybody. 639 00:44:46,980 --> 00:44:49,030 Next questions is 5. 640 00:44:49,260 --> 00:44:52,150 Are they afraid something right. 641 00:44:52,150 --> 00:44:56,680 About their fears the daily frustrations and fears. 642 00:44:56,690 --> 00:45:05,620 Well today number six is very interesting because it's how do they learn new information right into 643 00:45:05,620 --> 00:45:10,780 the bowls with these questions because our thinking is formed from our environment and our belief system 644 00:45:11,140 --> 00:45:16,740 our belief system is formed from the people and information that we have access to. 645 00:45:16,780 --> 00:45:23,590 Think about what books they read what movies they watch what websites our visit. 646 00:45:23,680 --> 00:45:26,910 Are they falling into conspiracy theorists or not. 647 00:45:26,950 --> 00:45:33,170 Write it down if they had a magic wand what would they do. 648 00:45:33,230 --> 00:45:34,200 Well exactly. 649 00:45:34,220 --> 00:45:39,830 Think about if their mind is free from some biases that we fall into day to day basis what will they 650 00:45:39,830 --> 00:45:42,760 remove immediately or at to their lives. 651 00:45:42,770 --> 00:45:46,960 For example some person that is climbing some mountain and it's tired as hell. 652 00:45:47,060 --> 00:45:52,520 If he had a magic wand he would probably use it to teleport himself to the peak of the mountain immediately. 653 00:45:52,520 --> 00:45:53,450 Crazy right. 654 00:45:53,450 --> 00:45:53,900 All right. 655 00:45:53,900 --> 00:45:54,650 Number nine. 656 00:45:54,680 --> 00:45:57,510 Who else is selling something similar to them. 657 00:45:57,530 --> 00:46:01,230 You really need to pay close attention to the all or market leaders. 658 00:46:01,280 --> 00:46:03,000 What are they doing differently. 659 00:46:03,050 --> 00:46:04,570 Analyze their process. 660 00:46:04,570 --> 00:46:05,050 Right. 661 00:46:05,060 --> 00:46:07,250 The people right here the big names. 662 00:46:07,250 --> 00:46:10,010 Who else has tried to sell them something. 663 00:46:10,100 --> 00:46:11,960 And why has he failed. 664 00:46:11,980 --> 00:46:17,480 Kind of similar question but this time you need to ride the unsuccessful cases ride the people here 665 00:46:17,540 --> 00:46:20,300 that has tried to sell some stuff and failed. 666 00:46:20,300 --> 00:46:21,760 Why are they failed. 667 00:46:21,770 --> 00:46:24,660 Dive deep into the root cause of the problem. 668 00:46:24,680 --> 00:46:26,330 Now let's find the truth. 669 00:46:26,330 --> 00:46:28,150 This is the chart from the previous video. 670 00:46:28,160 --> 00:46:33,300 I hope you remember how to find the truth so answer this question. 671 00:46:33,590 --> 00:46:35,390 What do they believe to be true. 672 00:46:35,390 --> 00:46:41,690 That's not it's really hard question to answer but take your time and think about that. 673 00:46:41,750 --> 00:46:48,320 It will help you a lot to understand your market when you ask this question mark their current position 674 00:46:48,320 --> 00:46:50,700 in the graph here by current position. 675 00:46:50,720 --> 00:46:56,750 I mean right now because that will force you to think where they are going to our day far away from 676 00:46:56,750 --> 00:46:59,810 the truth or are they getting close to the truth. 677 00:46:59,810 --> 00:47:06,850 Take your time and complete this exercise properly because it is very important for your future success. 678 00:47:06,860 --> 00:47:10,160 The last one from true problems passions and skills. 679 00:47:10,190 --> 00:47:18,080 First from the skills exercise list five heart skills that you currently have hard skills. 680 00:47:18,080 --> 00:47:18,800 What do you mean. 681 00:47:18,950 --> 00:47:25,970 Well hard skills referred to some sort of technical skills for example computer programming language 682 00:47:26,090 --> 00:47:32,330 some sort of statistics skills that are specific specialized predictable or applicable. 683 00:47:32,330 --> 00:47:38,180 You can google it if you want to but write the five heart skills you have if you want. 684 00:47:38,180 --> 00:47:46,460 You can write more but I suggest that these five dollar task is list five soft skills that you currently 685 00:47:46,460 --> 00:47:47,300 have. 686 00:47:47,300 --> 00:47:48,940 This time is soft skills. 687 00:47:48,950 --> 00:47:55,550 This is the creative side of the equation that is people skills teamwork self-awareness listening skills 688 00:47:55,610 --> 00:48:03,470 love communication problem solving organizations skills body language leadership understanding the human 689 00:48:03,470 --> 00:48:04,470 psychology. 690 00:48:04,520 --> 00:48:11,780 Google it if you're a confused example of this for myself would be I love creating a learning atmosphere 691 00:48:12,290 --> 00:48:13,490 I love to write. 692 00:48:13,490 --> 00:48:17,070 I also became quite good at understanding body language lately. 693 00:48:17,090 --> 00:48:20,860 Personal example for hard skills is I'm very analytical person. 694 00:48:20,900 --> 00:48:25,070 I love data and I also added videos in software which is hard skill. 695 00:48:25,100 --> 00:48:31,260 The third exercise is to list five weaknesses that you currently have. 696 00:48:31,280 --> 00:48:34,880 This is crucial to understanding your weak spots. 697 00:48:35,240 --> 00:48:41,270 It's important to know where you're good at but it's equally important to know where you suck. 698 00:48:41,270 --> 00:48:44,270 Just be honest and write five weaknesses. 699 00:48:44,300 --> 00:48:50,410 It's good for knowing yourself better but sometimes it's a good idea to get outside of your own head. 700 00:48:50,870 --> 00:48:53,110 Even if you have to describe yourself. 701 00:48:53,210 --> 00:48:58,280 That's why I want you to ask five friends what they think. 702 00:48:58,310 --> 00:49:00,350 I even give you a template you can use. 703 00:49:00,800 --> 00:49:02,050 Hey what's up. 704 00:49:03,290 --> 00:49:07,670 I'm trying to define my skills and weaknesses and I need your help. 705 00:49:07,670 --> 00:49:08,590 Can you help me. 706 00:49:08,600 --> 00:49:10,260 What are my own excuse. 707 00:49:10,430 --> 00:49:13,040 This can be anything daunting too much. 708 00:49:13,040 --> 00:49:14,580 What are my weaknesses. 709 00:49:14,600 --> 00:49:16,370 Please be honest. 710 00:49:16,430 --> 00:49:22,040 What am I the best in the world that this will allow you to collect feedback from your friends and you 711 00:49:22,040 --> 00:49:24,930 can form more accurate understanding of yourself. 712 00:49:24,950 --> 00:49:29,400 You can identify some strengths or weaknesses that you never think about before. 713 00:49:29,480 --> 00:49:31,500 Do this exercise don't skip it. 714 00:49:31,520 --> 00:49:35,250 It's important and you take your only five minutes. 715 00:49:35,250 --> 00:49:37,220 So that's a lot of work for now. 716 00:49:37,250 --> 00:49:40,430 And we're not even ready with all the exercises. 717 00:49:40,440 --> 00:49:41,210 There's more. 718 00:49:41,390 --> 00:49:49,550 But before that I want to give you some examples how you can research the market and why it's important. 719 00:49:49,610 --> 00:49:55,250 A lot of people start businesses and fail because they never talked to the market. 720 00:49:55,250 --> 00:49:58,660 They're like oh I have a very good idea for an app. 721 00:49:58,660 --> 00:50:04,850 I will make that phone app and I will make money and that person work very hard for six months straight 722 00:50:05,150 --> 00:50:09,380 to finish that app only to find out that no one is really buying it. 723 00:50:09,380 --> 00:50:11,450 No one cares about them up. 724 00:50:11,450 --> 00:50:14,510 Talk to the market and they will tell you what they want. 725 00:50:14,510 --> 00:50:15,710 Don't fight the river. 726 00:50:15,710 --> 00:50:21,860 It's so simple but so little people actually go out and make a research about the actual problems and 727 00:50:21,860 --> 00:50:23,600 needs of the people. 728 00:50:23,600 --> 00:50:31,470 Imagine you take a walk in the Central Park and on some bench you see a little boy sitting there and 729 00:50:31,470 --> 00:50:32,260 crying. 730 00:50:32,310 --> 00:50:36,840 You can stop and watch the boy and wonder why he's crying like that. 731 00:50:36,840 --> 00:50:42,390 You can take a team of professional psychologists with you to sit and observe the boy and wonder why 732 00:50:42,720 --> 00:50:43,750 is it crank like that. 733 00:50:44,010 --> 00:50:49,830 You can pay them 10 grand to form a fancy and that is is why the boy's crying but you will never find 734 00:50:49,830 --> 00:50:55,380 out the smart thing to do is to go there and ask the boy why is it crank. 735 00:50:55,410 --> 00:50:58,290 You can ask him Hey what's wrong. 736 00:50:58,290 --> 00:50:59,660 You seem like a good boy. 737 00:50:59,700 --> 00:51:00,840 Why are you crying. 738 00:51:00,840 --> 00:51:02,710 Is there any way I can help you. 739 00:51:02,880 --> 00:51:03,800 And just listen. 740 00:51:03,810 --> 00:51:05,010 What did you tell you. 741 00:51:05,010 --> 00:51:11,100 You can hear something like a recruit in the park is shooting an ice cream but I don't have money for 742 00:51:11,100 --> 00:51:11,760 an ice cream. 743 00:51:12,030 --> 00:51:13,270 Well now you know. 744 00:51:13,260 --> 00:51:18,020 Well now you know and you can go buy that boy some ice cream and make him happy. 745 00:51:18,030 --> 00:51:21,740 That's why you need to talk to the market because you are not them. 746 00:51:21,750 --> 00:51:25,350 You can't form a proper conclusion just in your own mind. 747 00:51:25,350 --> 00:51:29,890 Well I guess you can but you need to be very experienced entrepreneur. 748 00:51:30,020 --> 00:51:32,010 And it's also 50 percent of the job. 749 00:51:32,040 --> 00:51:35,800 Now make sure to complete all of the exercises in the video. 750 00:51:35,970 --> 00:51:43,290 After you do the research to get more specific to get more specific you can start researching by finding 751 00:51:43,350 --> 00:51:47,880 what are the most popular videos in this topic on YouTube. 752 00:51:47,880 --> 00:51:53,550 Right now is the age of video creation so the chance to find popular videos on YouTube is huge. 753 00:51:53,550 --> 00:51:55,890 Look at the titles of the videos. 754 00:51:55,950 --> 00:51:57,990 What language are they using. 755 00:51:57,990 --> 00:51:59,970 Later look at the comments section. 756 00:51:59,970 --> 00:52:01,410 What are people saying. 757 00:52:01,470 --> 00:52:03,920 Do they have any problems that they cannot solve. 758 00:52:03,960 --> 00:52:05,330 And asking for help. 759 00:52:05,340 --> 00:52:06,570 Are they hating something. 760 00:52:06,570 --> 00:52:09,780 What are people arguing about something in the comments. 761 00:52:09,780 --> 00:52:15,770 Pay attention to these things later you can find the top influencers in dissimilar need Sure. 762 00:52:15,770 --> 00:52:17,480 Interesting how they look. 763 00:52:17,550 --> 00:52:18,330 Are they young. 764 00:52:18,600 --> 00:52:19,440 Oh. 765 00:52:19,500 --> 00:52:21,960 How do they talk to their audience. 766 00:52:21,960 --> 00:52:24,400 What topics gets the most news. 767 00:52:24,400 --> 00:52:28,420 What titles are they using for these videos with the most views and likes. 768 00:52:28,470 --> 00:52:30,540 Look again in the comments section. 769 00:52:30,540 --> 00:52:32,190 What people are saying there. 770 00:52:32,280 --> 00:52:33,440 Are they biased. 771 00:52:33,480 --> 00:52:39,960 Search what strikes a nerve intelligence you can find out that when these influencers talk about something 772 00:52:39,990 --> 00:52:44,350 that strikes a nerve and people have different beliefs about something. 773 00:52:44,520 --> 00:52:50,700 This video will get the most views and that's for a reason because these topics hit the people right 774 00:52:50,700 --> 00:52:52,590 into their feelings and problems. 775 00:52:52,590 --> 00:53:00,520 They become active and ready to create or protect something search for striking nerve content. 776 00:53:00,570 --> 00:53:05,440 Also search for the top five to 10 most popular books in this niche. 777 00:53:05,460 --> 00:53:11,900 You can go to Amazon dot com and there you can find your category if it exists in the book section. 778 00:53:11,940 --> 00:53:15,110 Find out which books have the best writing and why. 779 00:53:15,120 --> 00:53:20,390 What is the name of the book and why the author come up with that name. 780 00:53:20,400 --> 00:53:27,810 It's usually because the title will strike a nerve every time something gets popular discontent actually 781 00:53:27,810 --> 00:53:35,100 speaks directly to people's deepest fears problems or desires pay close attention to the reviews of 782 00:53:35,100 --> 00:53:35,650 the books. 783 00:53:35,670 --> 00:53:38,220 Also what people are saying there. 784 00:53:38,280 --> 00:53:44,070 What is the most common fear problem or desire you need to search the blog posts of the most popular 785 00:53:44,100 --> 00:53:47,220 alters or influencers where they live. 786 00:53:47,220 --> 00:53:48,970 Do they have a website or not. 787 00:53:49,050 --> 00:53:51,190 If they have what's the name of the website. 788 00:53:51,300 --> 00:53:54,320 If they don't have a website where you can find them. 789 00:53:54,390 --> 00:54:01,200 Are they more active on Facebook YouTube or Instagram search what pictures or posts have the most likes 790 00:54:01,650 --> 00:54:08,680 and again search in the comments for any suggestions or potential problems in the marketplace to find 791 00:54:08,760 --> 00:54:11,470 how popular one topic is over time. 792 00:54:11,490 --> 00:54:13,920 You can also use Google Trends. 793 00:54:13,920 --> 00:54:18,040 Write it on your browser trends dot google dot com. 794 00:54:18,150 --> 00:54:23,730 You can write some topic and Google will tell you how popular is that topic over the period of time 795 00:54:23,730 --> 00:54:24,530 selected. 796 00:54:24,570 --> 00:54:29,590 I'm into drawing and I've selected the past five years and look at the results. 797 00:54:29,640 --> 00:54:31,940 It gets popular over time. 798 00:54:32,070 --> 00:54:34,780 Also pay attention to this huge spikes. 799 00:54:34,830 --> 00:54:39,440 It's very interesting why people are searching more in that particular time. 800 00:54:39,450 --> 00:54:46,860 You can also change the type of search here you can see the first its general Web search and the second 801 00:54:46,920 --> 00:54:50,370 is youtube search for the same five year window. 802 00:54:50,370 --> 00:54:54,040 The trends are quite different onto the different platforms. 803 00:54:54,150 --> 00:54:57,240 So here's google trends to form some basic understanding. 804 00:54:57,570 --> 00:55:00,910 But don't think that this chart can speak the truth every time. 805 00:55:00,960 --> 00:55:05,320 It's possible a large group of people to become confused about something and create the fake bubble 806 00:55:05,340 --> 00:55:08,940 about something and that also can confuse the two. 807 00:55:08,980 --> 00:55:14,900 Well all of these Internet hacks can help you a lot but sometimes it's not that easy. 808 00:55:14,940 --> 00:55:18,380 Some niches don't have a lot of information online. 809 00:55:18,720 --> 00:55:19,800 And what do you do. 810 00:55:20,010 --> 00:55:26,670 Well you need to go out there and find real working humans and talk to them get some feedback ask them 811 00:55:26,670 --> 00:55:33,140 questions tell them that you're doing research about some problems and you need help solving it. 812 00:55:33,150 --> 00:55:40,740 If you find it easier you can write personal emails to 50 to 100 people and ask them what problems fears 813 00:55:40,830 --> 00:55:42,210 or desires they have. 814 00:55:42,210 --> 00:55:48,560 If people have real problems real desires they will tell you and they will thank you for asking them 815 00:55:48,560 --> 00:55:49,190 actually. 816 00:55:49,200 --> 00:55:52,660 Now let's continue with the rest of the exercises. 817 00:55:52,670 --> 00:55:53,750 You need to do. 818 00:55:53,910 --> 00:55:58,080 I present you the BP as collider worksheet here. 819 00:55:58,170 --> 00:56:04,160 You need to combine all of the three forces that make your sweet spot on the marketplace. 820 00:56:04,170 --> 00:56:10,530 These exercises are carefully designed to lead you through the process so do them in the order that 821 00:56:10,530 --> 00:56:11,480 is presented to you. 822 00:56:11,490 --> 00:56:16,610 You will find all of them in the correct order in the resources section beneath this video. 823 00:56:16,620 --> 00:56:20,280 First step is the niche that you want to monetize here. 824 00:56:20,280 --> 00:56:21,440 Write it down. 825 00:56:21,480 --> 00:56:23,920 You can always change your niche if you find out. 826 00:56:23,940 --> 00:56:29,090 This is not for your later but only if you do a life market test for now. 827 00:56:29,090 --> 00:56:30,380 List the niche here. 828 00:56:30,420 --> 00:56:35,190 The second step is from all of the problems or desires in the problems worksheet. 829 00:56:35,250 --> 00:56:38,610 Which one do you believe is the most powerful. 830 00:56:38,610 --> 00:56:44,640 Take a look at your problems worksheet I need that one completed to continue with the PBS collider so 831 00:56:44,640 --> 00:56:45,960 do them in order. 832 00:56:45,960 --> 00:56:52,580 Now take the problem or desire from step 2 and define it more specific. 833 00:56:52,590 --> 00:56:55,350 What is the current place of the clients. 834 00:56:55,350 --> 00:56:56,220 Write it down. 835 00:56:56,490 --> 00:56:59,830 What is the desired place where these people want to go. 836 00:56:59,850 --> 00:57:01,700 Where do they want to be in the future. 837 00:57:01,740 --> 00:57:04,380 And then explain what's the gap. 838 00:57:04,380 --> 00:57:07,050 What is stopping them to make this transformation. 839 00:57:07,050 --> 00:57:09,090 The more specific you are the better. 840 00:57:09,300 --> 00:57:10,530 So take your time. 841 00:57:10,560 --> 00:57:17,040 Now take your skills worksheet do your current skills and knowledge can solve this problem and help 842 00:57:17,040 --> 00:57:18,840 this person bridge the gap. 843 00:57:18,840 --> 00:57:25,260 If you answer yes here Good job you're done with this exercise and now you have a unique niche. 844 00:57:25,260 --> 00:57:26,760 Congratulations. 845 00:57:26,760 --> 00:57:29,120 If you yes or no here don't worry. 846 00:57:29,130 --> 00:57:32,160 Continue with Step 5 of the process. 847 00:57:32,160 --> 00:57:36,980 Let's define this problem more specific answer the following questions. 848 00:57:36,990 --> 00:57:40,670 Can you name a person who has solved this problem. 849 00:57:40,680 --> 00:57:41,730 Yes or no. 850 00:57:41,940 --> 00:57:42,990 What exactly. 851 00:57:42,990 --> 00:57:45,630 He or she doing to solve it. 852 00:57:45,630 --> 00:57:47,030 Please be specific. 853 00:57:47,040 --> 00:57:49,420 Can you copy this method or process. 854 00:57:49,440 --> 00:57:50,930 Simple yes or no. 855 00:57:50,940 --> 00:57:57,150 Now list only the most important stuff you need to learn from this person or all the people in this 856 00:57:57,150 --> 00:57:57,970 industry. 857 00:57:57,990 --> 00:58:01,560 Make a list in the next two to four weeks. 858 00:58:01,560 --> 00:58:02,960 You need to learn this. 859 00:58:03,030 --> 00:58:05,370 What steps are you going to take. 860 00:58:05,370 --> 00:58:08,260 Here is where the most people are called up. 861 00:58:08,310 --> 00:58:13,220 They think that in order to solve some problem you need years to learn how to solve it. 862 00:58:13,230 --> 00:58:14,760 But this is not true. 863 00:58:14,820 --> 00:58:19,740 Maybe in school is true but this is not school in the business world. 864 00:58:19,740 --> 00:58:25,170 You first take a client and then just search for ways how to solve the problem. 865 00:58:25,170 --> 00:58:31,860 Now sit down and tried the specific steps and plan you need to follow to learn that information that 866 00:58:31,860 --> 00:58:36,990 will help you to solve the problem in the next one month maximum two months. 867 00:58:36,990 --> 00:58:38,760 If it's really complicated topic. 868 00:58:38,760 --> 00:58:43,100 But don't forget that you need to be only a few steps ahead of your ideal client. 869 00:58:43,170 --> 00:58:43,940 Only a few. 870 00:58:43,950 --> 00:58:46,000 It's not about being an expert. 871 00:58:46,050 --> 00:58:52,010 It's about knowing a little more than the client just enough to solve the problem and the last worksheet 872 00:58:52,020 --> 00:58:57,780 for this training video you need to complete is the client DNA worksheet. 873 00:58:57,780 --> 00:59:00,050 This is where things are getting. 874 00:59:00,180 --> 00:59:03,390 Here you start to build your perfect client. 875 00:59:03,390 --> 00:59:09,240 Imagine you're a painter and you need to draw your perfect character or you're a movie director and 876 00:59:09,750 --> 00:59:12,920 you need to create the main character for the movie. 877 00:59:12,990 --> 00:59:17,870 You have not ink a blank piece of paper and you need to create a character. 878 00:59:17,880 --> 00:59:21,480 A person from nothing here will do the same to do that. 879 00:59:21,480 --> 00:59:26,550 You need to be very creative and specific when you look at all of the worksheets you'll probably start 880 00:59:26,550 --> 00:59:28,540 to visualize how just people will look. 881 00:59:28,600 --> 00:59:30,360 If you answer the questions of course. 882 00:59:30,360 --> 00:59:36,660 So first let's put a name and a face of this specific perfect client. 883 00:59:36,690 --> 00:59:39,490 I will call him detour online. 884 00:59:39,780 --> 00:59:43,760 Now the h how old is he or she allocation. 885 00:59:43,770 --> 00:59:46,200 What is the work experience. 886 00:59:46,200 --> 00:59:48,270 Is he a student or not. 887 00:59:48,270 --> 00:59:52,980 What is the favorite book favorite movie favorite song guys. 888 00:59:53,080 --> 00:59:54,680 I'm not joking with this stuff. 889 00:59:54,720 --> 01:00:01,080 This is seriously powerful how you can find your perfect client if you don't know how he thinks or feels 890 01:00:01,290 --> 01:00:02,540 how he lives. 891 01:00:02,550 --> 01:00:09,220 This client DNA worksheet will be very useful when you start to do some ads or something because you 892 01:00:09,220 --> 01:00:11,530 will know exactly who you're speaking to. 893 01:00:11,620 --> 01:00:13,900 You'll learn to think like your client. 894 01:00:13,950 --> 01:00:19,150 Put yourself into the shoes of this person and complete the exercise. 895 01:00:19,170 --> 01:00:20,590 The life of. 896 01:00:20,850 --> 01:00:22,230 Did you meet. 897 01:00:22,230 --> 01:00:24,690 Did you tell us more about your clients. 898 01:00:24,690 --> 01:00:27,750 Describe his past present and future right. 899 01:00:27,750 --> 01:00:30,850 About how he would feel using your teaching products. 900 01:00:30,870 --> 01:00:33,360 Is he going to tell his friends about you. 901 01:00:33,360 --> 01:00:36,270 Why is he reading any books. 902 01:00:36,270 --> 01:00:39,630 What what are the other sources of information for him. 903 01:00:39,840 --> 01:00:45,370 Basically you need to change places with your ideal client and write a are they into life. 904 01:00:45,630 --> 01:00:47,670 Be super specific. 905 01:00:47,670 --> 01:00:54,630 If this person find this piece of paper it should be spooky and yeah that's just basic stuff to give 906 01:00:54,630 --> 01:00:57,180 you a direction but don't follow any rules here. 907 01:00:57,180 --> 01:00:58,210 There are none. 908 01:00:58,230 --> 01:01:05,430 You just need to describe one day of your client and if he finds that piece of paper he must be shocked 909 01:01:05,550 --> 01:01:08,450 that you know more about him than he knows about himself. 910 01:01:08,460 --> 01:01:09,090 That's it. 911 01:01:09,090 --> 01:01:11,800 Does the last worksheet you need to complete. 912 01:01:11,850 --> 01:01:13,230 So here's a recap. 913 01:01:13,290 --> 01:01:15,660 All of this can be found in the resources section. 914 01:01:15,660 --> 01:01:19,370 We need this video so certainly need to complete the patient's worksheet. 915 01:01:19,410 --> 01:01:26,970 The problems worksheet skills worksheet beeps escalator worksheet client key and a worksheet and potential 916 01:01:26,970 --> 01:01:29,000 client lists exercise. 917 01:01:29,100 --> 01:01:31,160 The last one is particularly interesting. 918 01:01:31,230 --> 01:01:37,170 This huge if you can make a list right now from a potential clients you're pretty much done. 919 01:01:37,170 --> 01:01:40,180 You can start doing business in the next couple of weeks. 920 01:01:40,200 --> 01:01:46,350 So think about can you find your clients on the platforms like LinkedIn Facebook or Instagram search 921 01:01:46,350 --> 01:01:48,840 for groups within your niche and join in. 922 01:01:48,840 --> 01:01:54,000 Take the people that you think that are similar to your client DNA and tried them on a piece of paper. 923 01:01:54,000 --> 01:01:57,270 I don't say that you need to write them personally right now. 924 01:01:57,270 --> 01:02:02,600 No don't take these people right now just find them and create a list. 925 01:02:02,610 --> 01:02:09,060 This is only for yourself so don't stress this is for some individuals who can some easily defined interests 926 01:02:09,150 --> 01:02:15,990 and can be located in some groups or through a simple search like for example fitness instructors they're 927 01:02:16,020 --> 01:02:17,500 so easy to be found. 928 01:02:17,520 --> 01:02:21,180 The next step is if your clients have Web sites or something. 929 01:02:21,180 --> 01:02:23,370 Can you find them through google search. 930 01:02:23,580 --> 01:02:25,950 If you can just add them to your list. 931 01:02:25,950 --> 01:02:32,460 The Web site name and email address also something you need to think about is are there any potential 932 01:02:32,460 --> 01:02:36,610 clients in your current network or friends or family around you. 933 01:02:36,690 --> 01:02:43,710 Write them down everybody who fits your client DNA is perfect and if you can't find people right now 934 01:02:43,800 --> 01:02:46,020 don't stress it's completely okay. 935 01:02:46,050 --> 01:02:49,530 This page will cover this into more detail later on. 936 01:02:49,530 --> 01:02:54,860 The purpose of this exercise is to put things in motion and start to make them real. 937 01:02:54,960 --> 01:03:00,360 Remember you need to ride the bike to keep balance and that pretty much brings us to the end of this 938 01:03:00,360 --> 01:03:01,120 lesson. 939 01:03:01,170 --> 01:03:03,120 Now I hope it was useful. 940 01:03:03,120 --> 01:03:08,910 We covered how you can start researching the marketplace right now and now you just need to sit down 941 01:03:09,000 --> 01:03:14,460 and do the work you need to promise to me that you will not procrastinate. 942 01:03:14,520 --> 01:03:18,360 Find some quiet space lock the doors and windows. 943 01:03:18,360 --> 01:03:22,340 Put your phone on silent and start your researching. 944 01:03:22,410 --> 01:03:26,260 Take the Google pen and paper and start filling these blank pages. 945 01:03:26,280 --> 01:03:29,940 Don't do anything else before you finish these exercises. 946 01:03:29,940 --> 01:03:32,220 It's crucial for your future success. 947 01:03:32,310 --> 01:03:35,690 You're only hurting your results if you don't do them right now. 948 01:03:35,880 --> 01:03:38,260 So that was all for this video guys. 949 01:03:38,490 --> 01:03:41,670 I hope you like it and I will see you in the next one. 950 01:03:41,670 --> 01:03:42,680 Thanks for watching. 92826

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