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Published on:

19th Jan 2023

The Checklist I Use to Define a High ROI Niche

 

Looking at your ideal client profile, Ray can tell how many solopreneurs or service providers enjoy their work, how much money they make, roughly, give or take, and whether or not they burn out a lot. 

If you have an ideal client profile in place and have it dialed in, and it's evident, you'll get paid a premium to do high-quality work that you like. And if you don't have one, everything you do will feel 3, 5, or 10 times harder. It will be less rewarding because your business is built around your ideal client, and your services will only be valued or valuable to the degree that you're solving your ideal client's problems. 

What are the things you need to do to build a business, so you're going to get the maximum ROI? Find out in the latest episode of Repeatable Revenue with Ray J. Green.

 

Key Takeaways

  1. Entrepreneurs can have a great business if they have an outstanding offer and care about serving an ideal client. 
  2. Don't build a business around a client doing work that you're just OK at because if you're just adequate at it if you're just OK at doing that work, you can never charge premium prices.
  3. If your ideal client is committed to making the most of your product or service, you can get case studies to help you increase rates. 

 

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About the Podcast

Repeatable Revenue
A podcast for online business builders and growth-minded entrepreneurs.

Repeatable Revenue is hosted by Ray J. Green, an entrepreneurial executive who rose from sales rep to CEO of a private equity-backed company, oversaw national small business for the U.S. Chamber of Commerce, and then left the rat race and successfully drove $70k/mo.+ consulting remotely from Cabo.

This podcast is a collection of interviews, lessons learned, and other infotainment to help you build your business... and the best version of yourself.

About your host

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Ray Green