Finding Your Business Niche, The Entrepreneur's Guide Entrepreneur MBA 10.8
Tue Apr 01 2025
In the competitive world of business, finding your unique market position is not just an advantage—it's a necessity. Most business owners intuitively understand this, but when you're in the thick of building your business, it's incredibly challenging to constantly try to find that unique niche. After building seven different companies over 30 years in the $5 million to $25 million range, including two that made the Inc. 500 fastest-growing list, I’ve learned that the key to sustainable success lies in identifying and focusing on a specific small niche that others either haven't found, have over looked, or have a hard time competing in. Finding that profitable niche is one of the hardest things anyone can do, but it really is the key to your success.
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In the competitive world of business, finding your unique market position is not just an advantage—it's a necessity. Most business owners intuitively understand this, but when you're in the thick of building your business, it's incredibly challenging to constantly try to find that unique niche. After building seven different companies over 30 years in the $5 million to $25 million range, including two that made the Inc. 500 fastest-growing list, I’ve learned that the key to sustainable success lies in identifying and focusing on a specific small niche that others either haven't found, have over looked, or have a hard time competing in. Finding that profitable niche is one of the hardest things anyone can do, but it really is the key to your success.