In episode #2212, Neil and Eric talk about why the riches are not in the niches. A lot of marketers like to advise that you should find your niche and focus on that. The only problem is that this strategy puts a cap on your potential to grow. Tune in to learn how to avoid this rookie error, and find out what you should be focusing on instead!
TIME-STAMPED SHOW NOTES:
- [00:20] Today’s topic: Why the Riches are NOT in the Niches (Beginner Mistake).
- [00:25] Why focusing on a niche is limiting and what you should prioritize instead.
- [00:43] Why total addressable market (TAM) is such an important indicator.
- [01:34] A reminder of what type of businesses this advice applies to.
- [03:54] That’s it for today! Don’t forget to rate, review, and subscribe to this podcast!
- [03:59] Go to https://www.marketingschool.io to learn more!
Links Mentioned in Today’s Episode:
- Subscribe to our premium podcast (with tons of goodies!): https://www.marketingschool.io/pro
Leave Some Feedback:
- What should we talk about next? Please let us know in the comments below
- Did you enjoy this episode? If so, please leave a short review.
Connect with Us:
Discover Latest Episodes
In episode #2964, Eric Siu and Neil Patel discuss the value of events for networking, balancing work and family, and how CEOs adapt during tough times. They share travel experiences, reflect on leader...
In episode #2963, Eric Siu and Neil Patel discuss Apple's shift to ads, the effectiveness of QR codes, and the challenges CEOs face. They also cover navigating business challenges and the cyclical nat...
In episode #2962, Eric Siu and Neil Patel discuss buying attention in digital marketing, the evolution of personal branding, and the growing role of AI. They highlight the risks of algorithm changes a...