Discovering Your Big Niche That Will Help You Achieve Your Big Dreams – Episode 2 – Part 3
One of the things that Clay Clark, former US Small Business Administration Entrepreneur of the Year, covered at the end of the last episode was to make sure that you fail forward. Are you failing forward in a sustainable and constructive way? Are you learning how to grow your business more effectively by trial and error? Make sure that you were learning from both your own mistakes, and mentors as well. There are business coaches and mentors that have grown successful businesses that you can learn from, and we talk about the principles that they have applied and successfully implemented in this episode. Entrepreneurs like Elon Musk have tried shooting rockets into space only to be met with explosions and failed missions. The amount of heartache that is associated with starting a business is a mess. Make sure that you are sold out on your idea before starting. The reward however can be great. In order to dissociate your emotions from the motion of growing your business, you must clearly defined your big goals. If you are looking to discover your big niche that will help you achieve your big dreams, make sure that you were taking detailed notes in this episode and applying what you’ve learned. As a business coach, Clay Clark has trained entrepreneurs and business owners all over the world to achieve their financial goals. One of the most important thing that you can do as part of the Business process is to create a rough business model. What this means is clearly defining the hard costs, the variable cost, the profit per product or service, and how many products you must sell in order to breakeven. For most entrepreneurs and business owners, this is where it becomes increasingly difficult to stay focused. You must remain focused while working through accounting and finances, because not doing so will result in you scaling a Bale. If you enjoy this training, make sure that you tune into the other episodes that cover your niche marketing and scalable accounting and finances. Make sure that you sign up for one of our upcoming business workshops, and get your free business assessment for our one-on-one business coaching program.