full

full
Published on:

19th Jan 2023

The Checklist I Use to Define a High ROI Niche

 

Looking at your ideal client profile, Ray can tell how many solopreneurs or service providers enjoy their work, how much money they make, roughly, give or take, and whether or not they burn out a lot. 

If you have an ideal client profile in place and have it dialed in, and it's evident, you'll get paid a premium to do high-quality work that you like. And if you don't have one, everything you do will feel 3, 5, or 10 times harder. It will be less rewarding because your business is built around your ideal client, and your services will only be valued or valuable to the degree that you're solving your ideal client's problems. 

What are the things you need to do to build a business, so you're going to get the maximum ROI? Find out in the latest episode of Repeatable Revenue with Ray J. Green.

 

Key Takeaways

  1. Entrepreneurs can have a great business if they have an outstanding offer and care about serving an ideal client. 
  2. Don't build a business around a client doing work that you're just OK at because if you're just adequate at it if you're just OK at doing that work, you can never charge premium prices.
  3. If your ideal client is committed to making the most of your product or service, you can get case studies to help you increase rates. 

 

 Connect with Ray J. Green

Website

Facebook

Instagram

LinkedIn

Twitter

Show artwork for Repeatable Revenue

About the Podcast

Repeatable Revenue
A podcast for MSPs and B2B business owners who want to scale sales.

Repeatable Revenue is hosted by Ray J. Green, an investor, entrepreneur, and strategic growth advisor to MSPs and B2B businesses. He's led national small business for the U.S. Chamber of Commerce, run turnarounds as a CEO for private equity groups, and advised 100s of MSPs and B2B businesses on how to build sales teams and scale sales from Cabo, where he now lives with his family.

This podcast is a collection of interviews, lessons learned, and other infotainment to help you build your business... and the best version of yourself.