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Think It - Plan It - Do It, Issue #002 September 11, 2023 |
The Secret to Finding Business Success: Follow Your ObsessionHave you always had an obsession that you just can't shake? Something that brings you joy and fulfillment no matter what else is going on in your life? Some people call it a passion. Others call it a hobby. I call it an obsession, because passions change and hobbies come and go, but obsessions are forever. There is something you can't NOT do. What is it - organizing, crafts, music, popular culture, telling people what to do? There is something in your life that consumes your thoughts and brings you happiness. Guess what? That obsession of yours could be the key to building your dream lifestyle business. Identify Your Lifelong Obsession To build a successful business around your obsession, first you need to pinpoint exactly what it is. Maybe it's something creative like crafting or cooking, or perhaps it's more technical like coding or carpentry. Whatever it is, identify the activity that you can't stop thinking about and doing in your spare time. Once you've uncovered your obsession, figure out how to turn it into a money-making venture. Look for ways to teach your skills to others, sell products or services related to your passion, build a community around your interest, or consult and coach on the topic. The possibilities are endless! For example, if you're obsessed with interior design, you might offer home styling services, sell custom furniture or textiles you create, teach online design courses, or start an interior design blog or YouTube channel. If you can't stop taking photos, you could sell stock images, do family or wedding photography, teach photography classes, or create video tutorials. The key is choosing an obsession that aligns with your values and fuels your motivation. When you build a business around something you care deeply about, work doesn't feel like work. You'll have the dedication and persistence to overcome obstacles and push through challenges. Following your obsession is the secret to success and happiness. Once you identify your lifelong passion and figure out how to monetize it, you'll be well on your way to building your dream lifestyle business. So get out there and pursue your obsession! The possibilities for turning your passion into profit are endless. Turn Your Obsession Into a Business Idea To turn your obsession into a business, start by defining exactly what you’re passionate about. Are you obsessed with a particular hobby, activity, or subject matter? For example, are you an organizing fanatic, a crafting queen, a music maven, a pop culture pro, or someone who loves telling people what to do? Whatever it is, there’s something in your life you simply can’t NOT do. Identify Your Target Market Once you’ve pinpointed your obsession, figure out who might be interested in it. Who shares your passion? Are there online communities, local meetups, or events that attract fellow enthusiasts? Study those people and see if there’s an unmet need you can fill. Develop Products or Services Next, brainstorm ways to monetize your obsession. Some ideas include: • Teaching online classes or in-person workshops • Creating info products like ebooks, video courses, or podcasts • Offering consulting or coaching services • Selling related physical products, supplies, or gear • Building a membership site or online community The options are endless. Choose one or combine a few and get to work developing your products and services. Market to Your Tribe Now it’s time to spread the word about your new business to that target market you identified. Some ways to reach them include: • Building a social media following and email list • Guest posting on relevant blogs and podcasts • Sponsoring or exhibiting at local events • Joining online forums and groups to share tips and make authentic connections • Optimizing your website for search engines by using important keywords If you go all in on your obsession, stay determined, and market effectively to your tribe, you'll be well on your way to finding success and building the lifestyle business of your dreams. Follow your obsession—it may just lead you to prosperity! Build Your Business Around Your Obsession Once you know your obsession, think of ways to monetize it. If you love organizing, become a professional organizer. If crafting is your thing, sell your creations online or teach classes. Musicians can offer lessons, sell albums, perform at events, or license their music. The possibilities are endless. Build Your Audience Promote your business to attract ideal customers and clients. Start a website or blog, use social media to raise awareness, offer a free introductory service or product, get reviews and testimonials, and network both online and in-person. Provide tremendous value to gain a loyal following. Continue Improving Your Skills An obsession means continuously improving and refining your craft. Take additional courses or get certified in new techniques. Stay on the cutting edge of trends in your industry. Read books and blogs to expand your knowledge. An obsession is a lifelong pursuit, so never stop learning and growing in your field. Help Others Find Their Obsession Once you’ve built a successful business around your obsession, help others do the same. Write a book, offer coaching programs, host webinars or podcasts, start a membership site. Helping other entrepreneurs achieve lifestyle freedom will allow you to make an even bigger impact. Following these steps will lead you to find both passion and profit. Do what you love and love what you do by building your dream business around your obsession. Success and fulfillment will be the natural results. Market Your Business by Sharing Your Obsession Let your passion shine through everything you do. When you share your obsession with others in an authentic way, your ideal customers will come calling. Share on social media Social platforms are the perfect place to give people a glimpse into what makes you tick. Post about your latest projects, share photos of your creations, start discussions around common interests. Engage with your followers and build real connections. As you gain more traction, you’ll start to see who’s really enthusiastic about what you have to offer. Start a newsletter or podcast Creating a newsletter, blog, vlog or podcast is a great way to spread your message on your own terms. Share your knowledge and experiences with subscribers and build up anticipation for new issues. Use these platforms to announce new products or services and create buzz. Your fans will be the first in line. Teach a course If you have expertise that others would benefit from learning, consider developing an online course. Choose a niche topic to focus on and break it into a series of lessons. Promote your course to your mailing list and social followers first before opening it up to a wider audience. Your students will become raving fans and help spread the word about what you do. Collaborate with other businesses Look for ways to team up with companies that complement your own. Cross-promote to each other’s audiences, co-create products or bundles, or appear as guests on one another’s podcasts and YouTube channels. Collaboration is a great way to expand your reach and gain exposure to new potential customers. Your shared passion will strengthen the partnership and lead to bigger opportunities. The key is letting your passion shine through in everything you do. Build authentic relationships, provide value, and collaborate with like-minded people. When you share your obsession in an authentic way, your business will thrive. Grow Your Business by Pursuing Your Obsession To build a thriving business around your obsession, start by defining what exactly ignites your passion. What could you do for hours and never tire of? For me, it’s analyzing how people connect and helping them strengthen their relationships. For you, it might be something completely different like crafting, organizing spaces, or sharing the latest movies and TV shows. Focus on Your Strengths Play to your strengths and talents. Don’t try to start a business in an area you know little about or have no experience in. Build on what you already know and do well. If you have a gift for bringing people together, pursue coaching or event planning. If you’re the go-to person for the latest entertainment news, start a podcast or blog. Success will come much easier when you leverage your natural abilities. Solve a Problem The most successful businesses solve a problem or fill a need. How can you apply your obsession in a way that helps others? For example, if you love keeping an organized home, you could start a home organizing business. If you’re passionate about crafts, consider selling handmade goods or teaching classes. Look for ways your interests intersect with solutions that make people’s lives easier or happier. Promote with Authenticity Don’t be afraid to show your enthusiasm for the topic or skill that ignites your obsession. Promote your business in an authentic way that allows your passion to shine through. Share behind-the-scenes details on social media, start a video series, write a regular blog on new developments in your industry or area of interest. People will flock to your business because they can feel your genuine love for the work. When you pursue work you’re obsessed with, it never really feels like work at all. Growing a business around your lifelong interests allows you to turn your passion into profit and build your dream lifestyle. Follow your obsession and success will follow. Conclusion You have something you can't stop thinking about. Something you constantly want to learn more about and get better at. Your obsession. Tap into that obsession and turn it into your dream business. Build a life and career around the thing that energizes and fulfills you. Surround yourself with like-minded people who share your obsession. Suddenly, work won't feel like work anymore. You'll have found your purpose and path to success by following your obsession. The secret to business success really is that simple. Now go unleash your obsession on the world! |
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