240. Justin Welsh on How to Find a Profitable Niche Worth $2.25 Million
Want to find a profitable niche for your online business? Justin Welsh, who makes over $2 million a year, shares how he did it. He talks about going from a regular job to running his own successful business.Justin explains:How to figure out what you're go
Productive Insights Podcast — Actionable Business Growth Ideas — with Ash Roy
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Show Notes
Want to find a profitable niche for your online business? Justin Welsh, who makes over $2 million a year, shares how he did it. He talks about going from a regular job to running his own successful business.
Justin explains:
How to figure out what you're good at
Ways to turn your skills into a business
Why you don't need tons of followers to make money
How to find the right audience for what you do
If you're thinking about starting your own business or want to make more from the one you have, this video's for you. Justin gives real advice on how to make money doing what you know best, all on your own.
Timestamps:
00:00 Introduction and Revenue Overview
00:22 Finding Your Niche: A Conversation with Justin Welsh
00:35 Justin's Journey to Success
01:36 Revenue Breakdown and Business Model
02:26 Replacing Day Job Income and Building a Following
05:00 Identifying and Monetizing Skills
06:06 The Importance of Niching Down
07:55 Advice for Multi-Skilled Individuals
08:39 The Evolution of a Niche
12:11 Insights on SEO and High-Profile Examples
14:02 Conclusion and Membership Invitation