Paycheque To Invoices – Episode 2 – Importance of Selecting a Proper Niche For Your Online Business.

Twitter
Visit Us
Follow Me
YouTube
YouTube
LinkedIn
Share
Instagram

In this podcast I talk about why it is critical to select a proper micro-niche for your business and if not done correctly, it might lead to a lot of frustration and anxiety issues for an entrepreneur.

When I started my business on Jan 1st, 2018, I had very little idea about what I am actually going to do. The notice period was spent just finishing up pending work, handing over things, and other tiny projects. I hadn’t really thought about what I would actually be doing as an entrepreneur.

But as soon as I started by business from home, I set a goal of making Rs.1 Lakh per month. I was very very nervous about this new journey. The thoughts of whether I would make it or not were worrying me. The thought of what if I don’t were stressing me out but I knew I could not entertain such thoughts on day 1 and immediately got down to business (literally 🙂 )

Since I was freshly PMP certified, I decided to look for opportunities as a PMP trainer. To be honest with you, I had committed to God that if I passed my PMP certification, I would help others get PMP certified. 😛

It had worked and very easily (without even reading the PMBOK guide (neither 5th edition nor 6th), I had managed to get PMP certified. So now, I thought it was my job to pay it back. So I wrote to about 65 PMP training institutes in India (I got their emails from the PMI website) and offered them my services as a trainer. I didn’t hear back from any of them except 4-5 and out of those 5, only 1 was a project opportunity.

Story continued in my podcast above.

Twitter
Visit Us
Follow Me
YouTube
YouTube
LinkedIn
Share
Instagram

Are You The Entrepreneur Kind?

Take The Quiz To Find Out!

Do you need business documents templates that i have used for 2 years now?

Paycheque to invoices startup kit.

download now.

easy 1 lakh per month biz guide.

Download now.

post corona business guide

Sign up for newsletter

Mind

Consistency At Play

Last night I recorded this podcast at 2:24 am I was just done creating a email automation sequence for the client and I was determined not to stop work until that is done. As a ritual, I record podcasts only after I am done with my day's work. Now had it been my old...

Post Covid – Make Your Life Count.

Couple of days ago, I was coaching someone to start their business from home. She was in Columbus, Ohio. She is still working 10 hours every day but she is looking for freedom, not only freedom to work from wherever she likes, but the financial freedom too. During the...

The Mask of Multitasking and Procrastination

Multi-tasking is a myth. Procrastinating is a myth. No one can multi-task and no one is a procrastinator. Multi-tasking stems from the fact that somewhere we felt inadequate growing up, we were not enough the way we were and then we started to wear the mask of...

How To Be a Happy Entrepreneur

You are not frustrated at your job because you have too many things on your plate. You are frustrated because your job is not giving you the platform for exponential growth that you deep within so desire and so deserve. Just knowing this difference will motivate you...

The Kind Of People You Should Hang Out With

When you think about starting a business, the first thing that any of your family and friends will tell you is BIG NO! For them starting a business is equivalent to suicide or taking drugs or going on a solo trip. Imagine someone who has never attempted a business...

Episode 18: How I Process Pain While Working

There are some days in life when no matter how much you try to be happy, circumstances and situations combined with your old conditioning do not allow you to be happy. They say that you should respond and not react but what do you do when you don't know how to...

Taking a Break With Children or Like Children (Benefits)

In this podcast episode 17 I talk about why its important to take a break with children or like children multiple times a day. With an adult you would normally discuss polarising topics such as politics, corona, economy, job market and you would end up getting to a...

IKE Cover That Every Employee Turned Entrepreneur Hides Under

Stats have indicated that 95% new businesses fail in their first 5 years of their inception and the only reason they fail is because they want to learn their own lessons. They don't want to learn from others mistakes. Specially Employees who turn entrepreneurs are...

The Myth Called “Massive Action”

I fell for this trap called Massive Action decades ago when I was taught that hard work is the key to success. And when I got success because of hard work, I started believing in this myth even more. Until in 2011 when I started my first business and I took MASSIVE...

STOP Spending 16 Hours Working On Your Job

✅ Imagine you and your spouse have been married for 10+ years. ✅ One day you come back home 🏠 and you tell your spouse, that you will only be providing him/her with basic necessities like food 🍛, shelter and clothing 👚👕👖👗 but nothing more. ✅ You will not be spending...

Body

Poor Body Image and How It Affects Our Sales and Marketing Efforts.

Most of us struggle with a poor body image without even knowing about it. We hesitate to get in front of people and we hesitate to talk to new people because we are not 100% sure about our looks or our bodies. Its time we address it head-on and permanently eliminate...

Brand

Project Timeline and Profitability

I was recording last night when my laptop battery was just 11%. So I quickly wrapped up the podcast because the power had been out all day (because of cyclone Nisarg) and I wasn't going to be able to publish this podcast later. In this episode I talk about project...

Sales: Close Your Family First On Your Ideas Before Closing Clients

Sales closing is when two parties close the deal, agree on the terms and conditions and decide to work together in the same direction. And what is business if there is no sales? No business, right. Believe it or no, we are selling and closing people at every step and...

Profit Loss Statement & Fear of Poverty

In this podcast, I talk about how you can make accounting your daily habit, how you can note down your daily income and your daily expenses. Many employees and entrepreneurs do not account their daily money transactions. Some businesses I have seen, used to account...

Why I Don’t Get Attached to Sales Proposals.

I have sent out more proposals in corona times than ever before. Some people say that the economy is crashing but I see opportunity everywhere. Like I told you before, something inside me shifted a few months ago. I am not the same person any more. I am not constantly...

From Depression To Thriving | New Post

😟 Are you someone who is going through a rough patch in life? 🙁 Are you someone who feels stuck in the current situation and does not go how to get out of it? 😕 Are you someone who is bothered by others going far ahead of you and you not reaching anywhere. ☚ī¸ Are you...

OverDeliver – The Only Formula For Long Term Success.

There are many people in the market who will charge a bomb but when it comes to delivering the service, they will fail. And people who have enjoyed long term, decades of success are people who have OVERDELiVERED. All those people who don't know what overdelivering...

How To Price Your Services

Money Money Money... the most "not talked about topic". The most dreaded topic in entrepreneurship. The most shushed topic in business. I am sure, like you, you also heard these popular sayings when you were growing up. Money does not grow on trees. You don't know the...

How To Convert Prospects Into Clients

So assuming you have done your home and provided valuable knowledge and information through your marketing material and assuming you have done 80% of Marketing, in this episode (above) I talk about how to convert your prospects into clients. While Marketing, you had...

No Marketing. No Business. | Paycheque To Invoices Episode 7

When I started by entrepreneurship journey back in 2018, I connected with a lot of business owners. One such business was a start-up by 3 employees. They had a posh office with 15+ employees but when I asked them how they marketed their product, they had no answer....

Paycheque To Invoices Episode 6 – Market Your Services

I have seen many start-ups who invest ZERO amount of time / effort / energy / money in marketing their products or services. Some of them have superb offerings but no inclination to promote themselves. In this episode I talk about two types of marketing, Push and...