Wednesday, 29 June 2011 14:53

When Is the Right Time to Start a Micro-Niche?

The most commonly asked question about building a micro-niche business is, “When is the right time to start?” The answer is, “Now.”

Let’s face it, procrastination is much easier than actually starting on a project. Under typical circumstances, if you think about it long enough, you can always think of a reason to defer action.

  • It’s too hot (or cold).
  • I’m not sure I have all of the information available.
  • Have I evaluated all of the possible risks?
  • I should wait until cash flow improves.
  • I don’t have time today.

Honestly, there is never a perfect moment to start a micro-niche. There is seldom a perfect moment to do most things. The best time to start a micro-niche is now!

Sometimes we cannot wait for all of the stars to be in alignment. If we are ready, and we know we can deliver consistently on our value proposition, it is time to act.

 

If you are still struggling to take the first step and launch your micro-niche business, call us (732-3978489). We can help you assess your preparedness and create an actionable plan to complete the preparation and announce your expertise.
David Wolfskehl

David Wolfskehl

David Wolfskehl is President and CEO of The Practice Building Team, a member of the DGW & Associates Family of Companies. The Practice Building Team helps professional services firms accelerate their growth. To learn more, please visit our web site at http://www.tpbteam.com.

David has been an entrepreneur and a guide for entrepreneurs throughout his adult life. After successfully selling his business in October of 2005,

David began offering workshops on unlocking the power of your employees. He also started Networking4connections, a consulting firm focused on teaching professionals how to win opportunities to promote their business to A clients.

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