How to Select a Micro-Niche for a Digital Info Product?
Podcast Overview
How to Select a Micro-Niche for a Digital Info Product?
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🇺🇲
Publishing Since
5/19/2020
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Recent Episodes
June 18, 2021
Do you want to become an Entrepreneur or a Businessman?
<p>Do you want to become an Entrepreneur or a Business Man?</p> <p>Most people do not differentiate between a Businessman and an Entrepreneur.</p> <p>This is Neminathan Barath, Founder of Impactful Businessman. I am going to talk about the differences and also going to break a lot of myths about a normal business and an Entrepreneur.</p> <p>Every Entrepreneur is a businessman but</p> <p>Not Every Businessman is an Entrepreneur.</p> <p>Broadly we can define a Businessman as a person who does something on his own or through his team and delivers a product or service to customers and makes money.</p> <p>Anyone can become a businessman if he has the willingness to do so and if he has the necessary financial capacity.</p> <p>A businessman is one who sets up a business that is already being done by someone or many people.</p> <p>He either sets up in the same model as others or he adds in some flavour on his own and then differential himself from others and becomes successful.</p> <p>A Businessman is solving a problem which has been already solved by some other businessmen.</p> <p>But an entrepreneur is one who is trying to solve a problem that has not solved by another normal businessman.</p> <p>Entrepreneur tries to find new problems which are very painful but still there is no solution exists till now.</p> <p>He is attempting with his courage and commitment and confidence that he can be able to solve that unsolved problem that has been existing over a period of time</p> <p>If an entrepreneur is successful in finding out the most appropriate solution, then he has a huge probability of scaling to great heights since literally there is no competition</p> <p>A Businessman need not be creative or innovative</p> <p>But an Entrepreneur MUST be creative and innovative</p> <p>We can say a Businessman has a 50- 50 chance of becoming successful and hitting his profits if he is implementing the right strategies adopted by his fellow businessman</p> <p>But an entrepreneur has only a 3 to 4 % chance of his start-up being successful</p> <p>As per the prevailing data, though only 3 to 4 % of start-up survive over a period, the Entrepreneur never fails at any point of time as has already become a person who has acquired large scale experience/exposure in that specific field with which he can pivot himself and start a new start-up company again</p> <p>Angel Investors or Venture Capitalists do not FUND businessman</p> <p>But they invest in a Start-up founded by Entrepreneur</p> <p>Employees working under a normal businessman have limited exposure and playing field.</p> <p>Whereas employees working under Entrepreneurs are given full freedom and are more exposed in various fields.</p> <p>Govt of India through its Start-up India program has extended a lot of facilities and exemptions for Start-ups companies. Banks extend loans to Startups without any collateral or Security.</p> <p>Whereas normal Businessmen do not get these benefits or exemptions. Also, they can seek loan from banks only with collateral.</p> <p>Also, there is various forums/accelerators/ Startup community existing for encouraging and supporting Startup Founders.</p> <p>Start-ups can able to fixup pricing on their own depending on the market acceptance and demand</p> <p>Whereas Normal Business has to fixup pricing only as per the prevailing rates to compete with already existing players in the field</p> <p>If you want to join my private Facebook Group you can join by clicking the link <u><strong>https://neminathanbarath.co/vipgroup</strong></u></p> <p>You can join my upcoming Webinar by clicking the link<strong> </strong><u><strong>https://neminathanbarath.co/LIVE</strong></u></p> <p>Thanks for listening to this podcast and see you in my Next podcast.</p>
June 14, 2021
Where to Start as an Entrepreneur ?
<p>You got an aspiration to become an Entrepreneur and you want to start your entrepreneur journey.</p> <p>But you do not know how and where to start? </p> <p>This podcast is the answer to your present question on Where to Start as an Entrepreneur?</p> <p>1. Think about your personal problems</p> <p> Just think over in the past 6 months or 1 year or even 2 years </p> <p>2. Most start-ups are built with a background of a personal story of a founder</p> <p>a) Red Bus- Phaninder Sharma</p> <p>b) Bharat Matrimony- Murugavel Janakiraman</p> <p>c) Lamborghini – Earlier truck driver complained about Ferrari who insulted him</p> <p>3. Go deep dive into the problem and start to view at various angles</p> <ol> <li>From direct perspective</li> <li>From the environmental perspective</li> <li>The Basic Cause of that problem</li> <li>Is there any alternate way or path available to avoid such a problem?</li> <li>What are the consequential aftereffects of that problem to the customer and to the environment?</li> </ol> <p>4. Create a Suitable environment for cool thinking</p> <p>a) Walking, physical exercise, - Emotions are created by motion</p> <p>b) Taking bath, - Water has high energy within</p> <p>c) Travelling</p> <p>5. Identify 10 problems that have huge potential to solve</p> <p>6. Then identify 3 problems that you are passionate about enough to take it up further</p> <p>7. Do Market Research on these 3 Problems.</p> <p>8. Finally arrive at that one killing problem which you want to work for the next 10 to 20 years</p> <p><br></p> <p>If you find this podcast useful and interesting </p> <p>1. Like this podcast</p> <p> 2. Subscribe to my podcasts.</p> <p> You can join my VIP Group for getting more updates on my upcoming contents by clicking</p> <p> <strong>https://neminathanbarath.co/vipgroup</strong></p> <p> You can register at the below link for my upcoming webinar</p> <p><strong> https://neminathanbarath.co/LIVE</strong></p> <p><br></p>
May 19, 2020
How to Select a Micro-Niche for your Digital Info Product?
<p>Are you interested to know what is a Micro-Niche and how to select the relevant Micro-Niche for your Digital Info Product?</p> <p>You can hear my podcast wherein I have explained in detail about the Micro Niche Selection.</p> <p>If you want to learn more , you can join my private facebook group <a href="https://www.facebook.com/groups/232065764575650">https://www.facebook.com/groups/232065764575650</a></p>
3 total episodes available
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