459: [success] Scaling a Niche Business from Rural Montana with Michelle Patten
The BizChix Podcast: Female Entrepreneurs | Women Small Business | Biz Chix
Natalie Eckdahl
4.8 • 630 Ratings
🗓️ 18 February 2021
⏱️ 43 minutes
🧾️ Download transcript
Summary
It can be terrifying to niche down because it feels so counter-intuitive to narrow who you are targeting. But today's guest is a great example of how specializing made it so easy for her to get clients and to simplify her visibility and hiring efforts.
Michelle Patten is a bookkeeper and business consultant for agriculture businesses. Listen in to know how she found success in choosing to work with a very specific industry.
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Transcript
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| 0:00.0 | Have you considered specializing or niching down in your business? It can be terrifying because it feels so |
| 0:09.0 | counterintuitive to narrow who you are targeting. I like to say you can specialize by niche, |
| 0:16.6 | by service type, or both. My guest today can help any size business from any industry, |
| 0:24.7 | but chose to work with a very specific industry and it is so easy for her to get clients |
| 0:31.2 | and has simplified her visibility and hiring efforts too. |
| 0:39.2 | Before we dive in, may I welcome you to the Biz Chicks podcast. |
| 0:43.4 | I'm your host, Natalie Eckdahl. |
| 0:45.7 | I'm a business strategist, a bit of a coffee snob, out-of-the-box thinker, author, speaker, |
| 0:52.3 | mama, caregiver, MBA, and CEO of Bizchicks, Inc. I am obsessed with helping |
| 0:59.0 | women's service business owners grow their businesses while retaining more profit, delivering more |
| 1:06.1 | impact and creating more time for their VIPs. My VIPs are my husband Mark and our three children |
| 1:13.3 | ages 6 to 18 and our naughty kittens, Missy and Max. I have a very full life running a home, |
| 1:21.2 | family, and this dream business where we coach and train high performing women entrepreneurs |
| 1:26.4 | from around the world. Currently, I have three |
| 1:30.4 | teams helping my life run, the amazing biz chicks team, my home support team, and a team of loving |
| 1:37.6 | caregivers helping my mom. My favorite thing to do is to encourage other women to get as much help as they can afford. |
| 1:45.9 | And may I remind you that just because you can do something does not mean that you should. |
| 1:53.3 | I have worked with a lot of women in the financial services industry and 99% of the time |
| 1:59.9 | they try to serve all the people and all the businesses |
| 2:03.3 | and all the organizations. They work with different sizes of businesses. Sometimes they work |
| 2:08.7 | directly with consumers. They might work with businesses from different industries and sometimes |
| 2:13.6 | they work for a combination of for-profit and not-for-profit organizations. |
... |
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