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The BizChix Podcast:  Female Entrepreneurs | Women Small Business | Biz Chix

583: The Scary Side of Specializing or Niching

The BizChix Podcast: Female Entrepreneurs | Women Small Business | Biz Chix

Natalie Eckdahl

Entrepreneurship, Business, Management

4.8630 Ratings

🗓️ 6 July 2023

⏱️ 35 minutes

🧾️ Download transcript

Summary

Have you ever had a friend or peer describe their business in such a clear and succinct way that you immediately knew who they should meet in your network – either as a potential client or a beneficial connection? 

That, my friend, is what I like to call an, "automatic yes." 

When you specialize by the type of work you do, and/or niche by defining who you serve, you become instantly referable. Which is exactly where we want to be. 

Getting there sometimes isn’t quite as straightforward. 

It often takes a series of small experiments to narrow in on the who and the what, and that can be frightening. 

On today’s episode, $ix Figures Lab Coach Elizabeth Cook and I discuss the scary side of positioning and the mindset adjustments we can make to embrace experimenting – letting us flourish, both in business, and in life.

 

 

💰 Applications are open for Six Figures Lab. Apply now to join us at our next Quarterly Goal Setting session on September 27th!

🎧 Subscribe to the NEW private podcast series for Marketers, Consultants and Financial Professionals

🌟 Connect with Natalie on LinkedIn

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This episode was first published at BizChix.com/583.

Transcript

Click on a timestamp to play from that location

0:00.0

Before we dive in, may I welcome you to the Bizchicks podcast, which has been a free resource

0:11.0

for women entrepreneurs since 2014. We help consultants, marketers, and financial professionals

0:18.4

build an enduring business, one that is enjoyable,

0:21.8

profitable, and sustainable. Our clients are building service businesses that give them freedom.

0:28.5

They desire a business that is location independent, has a lean dream team, and provides them

0:34.9

personally with both a market-based wage and profit.

0:39.0

We coach our clients based on time-tested business models and strategies.

0:43.8

We encourage growth through referrals by building and nurturing relationships.

0:48.9

We notice and reset our mindset issues and do not let them hold us back for long. We also ignore the latest

0:56.6

business fads and social media platforms. You'll find my clients and I hanging out on LinkedIn,

1:03.8

where we are building a strong and vibrant bizchicks community and ecosystem that supports

1:10.0

and refers one another business.

1:12.2

I'm your host, Natalie Eckdal. I started my first business when I was in high school,

1:18.0

and after college, worked for an international public relations firm, market research agency,

1:24.5

management consultancy, and more. I've also won and lost at building businesses

1:30.1

and have a few gray hairs to prove it. I earned my MBA in 1999 and am a lifelong learner

1:38.1

who adores brainstorming new out-of-the-box ideas for my clients. My VIPs are my husband Mark, our three kids who range

1:47.2

from elementary school to college, our two sibling bangle cats, our Vishla puppy, and a flock of

1:54.8

chickens. This menagerie is possible because we transplanted ourselves from Southern California to

2:00.8

Eastern Tennessee a few

2:01.9

years ago and are enjoying country life in our small mountain town on 13 forested acres.

2:09.0

Now, before we get into this episode, a quick reminder, my friend, because I know you want

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