Finding a niche in business is like searching for a hidden treasure. Luke van Der Veer shares a crucial tip for those on this quest: ignore the first ideas that come to mind. Common choices like law, real estate, or plumbing are often overcrowded markets.
Unveiling Hidden Niches: Insights from Luke Van Der Veer
Dive deeper by exploring less obvious niches. A tool like Home Advisor lists thousands of under-the-radar opportunities. Luke believes in selecting niches not just for their uniqueness but also for their profitability.
Focus on niches with short sales cycles and high value. Aim for services that can earn hundreds to thousands per transaction, steering clear of low-value, high-volume needs.
By venturing beyond the conventional, you can discover profitable, untapped markets, aligning with Luke Van Der Veer's innovative approach to niche selection.