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AskPat 2.0: A Weekly Coaching Call on Online Business, Blogging, Marketing, and Lifestyle Design

Have I Made All the Money I Can in My Niche? What Else Could I Do?

AskPat 2.0: A Weekly Coaching Call on Online Business, Blogging, Marketing, and Lifestyle Design

Pat Flynn

Business Advice, Marketing, Podcasting, Getting Started, Business Strategy, Business, Small Business, Passive Income, Online Entrepreneurship

4.9638 Ratings

🗓️ 24 January 2019

⏱️ 34 minutes

🧾️ Download transcript

Summary

Laura found a super-specific niche for her business. Actually, I wouldn't recommend starting out in it, but Laura ended up becoming the go-to resource within that niche, which is laundromats! She feels that her potential income is tapped out, but today we're going to create a strategy to help her optimize and grow exponentially without adding a ton of work. There's so much growth within this episode—you can hear it in Laura's voice—so make sure you listen in. You can find Laura online at Laundromats101.com.In this episode I mention Session 75 of The Smart Passive Income Podcast—"Six-Figure Earnings with Ebooks (Not on Amazon) and a Pricing Structure That Works with Nathan Barry". It's a great resource for understanding pricing tiers and positioning for your business, so check it out!If you want to be considered for a coaching session, apply via the form at AskPat.com.If you enjoyed today's episode and you love the format of this show and helping other entrepreneurs, can you help me convince others to listen too? All you have to do is leave a quick review and rating on iTunes (and subscribe if you haven't already). That would mean the world to me, so thank you so much!Today’s sponsor is FreshBooks, who make the best financial management software out there. It’s ridiculously easy to use and their interface is highly-visual and super-intuitive. You can actually get an unrestricted, thirty-day trial for free; just go to FreshBooks.com/askpat and enter “Ask Pat” in the “How Did You Hear About Us?” section. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcript

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0:00.0

AskPath.

0:02.8

AskPat.com.

0:04.2

Dot com.

0:06.6

What's up, everybody, Pafflin here, and welcome to episode 152 of Aspat 2.0.

0:14.2

This is the podcast where you get to listen in on a coaching call between myself and an entrepreneur like you.

0:21.3

And my goal is to have you walk away from listening to this episode with something in hand

0:26.3

or in your mind so that you can implement and grow and scale your business or started

0:31.6

if you even haven't started yet, which is totally cool too.

0:34.4

So anyway, we're going to have an amazing conversation today with Laura,

0:44.7

who found a really specific niche. And typically, if I were to, like, get a list of niches and her niche was in there, I probably wouldn't recommend that this one would be the one to start

0:49.0

with. But she accidentally stumbled upon becoming the go-to resource for laundromats, like, you know,

0:56.5

laundromats with washers and dryers and physical locations.

1:00.8

She's become the go-to resource at laundromats 101.com.

1:04.7

But her question today and our conversation is about, well, there aren't very many of them.

1:10.5

And like she's kind of tapped out seemingly so the income that she could potentially

1:16.0

generate with a book and other things.

1:18.5

So we're going to talk today and break down a very specific strategy for Laura so that

1:22.8

she can take what she's started and optimize it and scale it and exponentially grow.

1:29.0

And you'll hear the difference in the intonation in Laura's voice from the start to the finish.

1:35.3

And you can see that at the end.

1:36.5

She's really excited about the plan that she has going on.

1:39.0

And what's really cool is it's not a lot of extra work beyond what she's already done.

...

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