How Your Niche Can Define Your Business Success

You’ve probably heard a lot of business coaches and consultants explain why having a niche is so important, and today I’m gonna break down the real ways that having a niche can transform your business.

And I’m not even going to talking about niches – I’m going to talk about hyper niches

And why is a hyper niche better? Let’s take the wellness niche for example. Even though you might have tons of certifications, you love to do Reiki, pilates, yoga – being able to solve all the problems and trying to help all the people is going to make you like a small dot floating in the ocean.

The last thing you want to do when you start your business is float around.

You want direction, you want guidance. And the best way to do that is finding a specific way that you can support your community, your potential clients, your existing clients, in a way that is also tied to a strong foundation within you.

For example, I have a client who when we started working together, she had two different offerings that or services we might say that were pretty awesome. She had a membership at $19 and 99 cents a month, and she also had private clients. 

So when we started working together, the first thing she asked me was, “Hey, is my social media content clear as to who I’m helping and what I do?” 

The answer was no. And I said, “Look, you know, it’s crazy. I’ve been a yoga teacher for almost 20 years and I understand your content, but who are you talking to? Are they newbies? Are they trying to heal themselves? Are they in a part of life where they wanna advance their practice?” 

So we addressed that first and then she’s like, “Well, I also love to teach meditation. And I also love to teach how to use props and I really wanna teach their therapeutics.” 

So this is a niche within the yoga niche. The industry is wellness, but niche is yoga, but the hyper niche is the add on of energy work and transformational coaching. 

So what we did is created a signature system. It is her specific way of doing what she does and feeling really joyful about it because now she doesn’t have to segment herself. 

When you specialize, you start showing up as an expert, as a credible source.

Public Relations –  you can start being featured as the expert on fasting the expert meditation teacher, the expert therapeutics. 

Collaborations – you now have a great way of showing up and saying, “Hey, this is how I work. This is my specialty. This is how I do what I do.”

Purpose – your brand now has a message that comes from your core values. 

Now I know you might have a hard time figuring out your niche, so I’m gonna give you three easy steps.

  1. Ask yourself, “What brings me the most joy?” and start with that.
  2. Then ask, “What’s closest to the cash? What’s the lowest hanging fruit? Who can I collaborate with right now?”
  3. “How can I show up as my most authentic self?” This is where you think about what your ideal working environment is, what you want your schedule to be like, and what types of clients you want to serve.

Having your niche, having your specialty, creating your specific way of doing what you do will help create the way you market yourself, the way your brand is positioned and the way you show up as the expert, you are so that you can charge a word earth, bring more clients and do it with ease… versus feeling scattered and potentially overwhelmed. 

So I want you to take action! I want you to draw this big circle of the world of your niche, and I want you to draw smaller circles, smaller circles, smaller circles until your circle is small enough that you fit in a hyper niche. 

For example, power yoga, Aang yoga arm, balance expert fitness fitness for women over 40 fitness for moms over 40.

Because nowadays, people’s searches are hyper focused. 

When I search for things for my baby, I don’t just search for baby toys. What do I search for? Montessori style toys for 18 month olds. 

And then I get the content that I need for that specific problem. And what comes up? YouTube videos, Instagram accounts and blogs. 

Allow yourself to have your big vision picture to have your niche within that. We can always shift and move, but start somewhere with focus and attention because this is where your money lies. They don’t say the richest is in the niches for nothing. So allow yourself to have this moment of clarity!

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