How To Pick A Profitable Online Business Idea – Non-Sleazy Niche Selection

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hey whats up guys its team bocari coming back at you with another episode of the meaningful show and on today’s video you’re going to learn the three-part formula that I use to actually identify a profitable online business idea that’s based around what I’m great at what I’m passionate about and how I can monetize those two things and an awesome way to actually create something that I love to do that fires me up on a daily basis every single time I get behind the computer or get on stage or create a new product or program whatever it may be I’m fired up about it because it meets this this three-part criteria that i’m going to show you on this episode so stay tuned because that’s coming up next ok guys so three questions I want to ask you what do you great at what are you passionate about and how can you combine those two and serve people in a way that allows you to monetize how can you take what you’re good at or great at what you’re skilled at exceptionally skilled at and combine that with something that you love to do and then take those two things and figure out a way to sell something doing it it’s very simple I call it the GPS formula so you plug those three things into the gps and you get to exactly where you need to be in terms of a successful online business based on what you love to do what you’re great at doing and how you can serve people and make money doing it that’s what you need to do to monetize your message that’s really it all the other details are that are just that they’re just details so and I’ll teach you all those things as well stuff like finding the right niche because obviously that’s important and digging deep and identifying a profitable pathway to build products and programs on and how to market that and how to promote package all that stuff of course we discuss that but it all begins with just these three questions here at the end of the video and i’m going to give you is a downloadable sheet a one-page sheet that is going to basically ask you to make three lists answering these three questions what am i great at what am i passionate about and how can i combine those two to serve people and make money makes a move lot of doing it how can you do that and how can you do it online this is the monetize your message pathway here that’s it so it’s a very simple process what I want you to do right now is take a look at this circle this tripod that I’ve got going on here where it has those three abbreviations the G the P and the S now you see that nexus point there where those three the GPS kind of converge together the nexus of those three questions is exactly what you want monetize so for example let’s say you’re passionate about nutrition right there’s tons of people that are passionate about nutrition but they’re not making a single dime doing it right as a profession or a career they’re stuck in some cubicle somewhere hate in their life so how can you actually if you’re passionate about nutrition or health and fitness how can you monetize that okay you’re passionate about it that’s great you love it that’s fantastic you might have some muscle magazines on your coffee table maybe you are really big on vegetarian like the vegetarian lifestyle I don’t know maybe you’re gluten free whatever it might be that’s not enough the next question is are you actually exceptionally great at and skilled at and knowledgeable about do you have a special like a special area of expertise in that area so that’s the second question you want to ask yourself right and then finally it’s how many business ideas can you come up with in doing that so for instance I have a client that’s a nutritionist okay so she’s a nutritionist and she’s trying to figure out how to create a how to kind of define and put the steaks down on how to actually start monetizing what her her skill and her you know love and life is in terms of topics and business type stuff you know there’s tons of nutritionists out there there’s tons of nutrition consultants out there but they’re not making money why because they’re not differentiating themselves in a substantial way properly and real quick let me just show you exactly how to do that and what she did is basically okay she said I’m a nutritionist and I’m really skilled at knowledgeable about this area of nutrition in the health and wellness market and you know I’m getting clients and I’m doing it and I followed the same framework that I was told to follow and got my certification and blah blah blah blah blah but I’m not making any money and here’s the key how do you differentiate yourself in terms of becoming that nutritionists are you specifically great one sub category of the nutrition business of the nutrition space how can you separate yourself and when people search for nutritionist a bunch of different people are going to pop up there’s lots of competition so you create something that differentiates you enough from the competition that allows you to create a niche to dominate so what she did was she basically said okay well I’m really you know I’ve gotten a few clients here that are that are vegans and I’ve kind of learned a lot about the vegan lifestyle and I actually have accumulated a lot of knowledge about it I even tried it myself in my own lifestyle my eating habits because I like to do that when I get to know new clients and I’m tailoring different diets and things like that for them so she said okay you know what I said let’s do this let’s let’s see if people are actually searching for the vegan diet if there are other people if you what if you’ve helped a lot of people do it and you’ve done that face to face then hack maybe there’s people searching for online to guess what there are people searching for it online it’s actually trending and it’s going upwards so she looked up some different things she listed out a bunch of ideas it was ok can I be a vegan diet coach can I be a vegan you know should I start a blog do i advertise what do I do and she basically landed on creating a vegan diet guide made an e-book out of it packaged it promote it sell it online and now she’s monetizing that automatically as when she goes to sleep at night people are buying it money is going straight into her bank account she’s doing what she loves to do she’s doing what she’s exceptionally great at she’s an expert at and now she’s known as a well-known vegan nutritionist not just in her community but online all over the world how cool is that can’t you do that too can’t you think of a way to do that for yourself as well I bet you can so what I want you to do is I gave you that example now we talked about the GP formula what am i great at what am i passionate about how can I serve people in a way that allows me to make money doing those two things now I want you to take all the stuff that we just talked about and fill out that PDF that I’ve got for you you can download and fill out for yourself give yourself some time maybe 20 minutes half an hour an hour however long it takes you some people take 10 minutes who knows maybe you already know all this stuff but if you don’t go ahead and fill this sheet out make those three lists and start coming up with some ideas let’s rock and roll and let’s do this so that’s all I’ve got for you on this video guys I hope that you enjoyed it I hope that it was helpful and I hope more than anything else that inspires you to begin instructing people making an impact and of course making an income online doing what you love to do I’ll see you on the next video