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00:00:00 – 00:08:36
Derek DeMike from 2GuysBuildaBiz offers guidance to beginners on selecting profitable niches. He recommends avoiding e-commerce due to its complexity and lower financial yield, and instead focusing on industries that benefit from local customer awareness and have a high customer lifetime value (LTV) of at least $1,000. Suggested niches include gyms, restaurants, roofing companies, and more specialized fields like real estate and medical services. DeMike emphasizes ease of lead generation over product sales, advising beginners to use tools like D7leadfinder.com to find and test niche scalability. He suggests picking two niches: one that promises profitability and another aligned with personal passion. Essential strategies include crafting simple messaging and persistently engaging potential clients through various outreach methods. He also references TheSMMABlueprint.com as a valuable resource for building and scaling a business, urging viewers to stay accountable and persistent in their efforts.
00:00:00
In this part of the video, Derek DeMike from 2GuysBuildaBiz discusses the best niches for beginners to pursue. He emphasizes steering clear of e-commerce initially due to its demanding nature and the extensive marketing knowledge required, which might not yield substantially higher pay. Instead, he recommends focusing on niches that need local awareness or generate high customer lifetime value (LTV). These include businesses like gyms, restaurants, and bars where local clientele is crucial. He highlights three heuristic rules: targeting businesses needing local leads, ensuring the business has at least a $1,000 LTV, and focusing on markets with 10,000 to 15,000 businesses nationwide. These criteria ensure that the niche is scalable, easy to manage, and profitable for beginners.
00:03:00
In this segment, the speaker discusses the ease of generating leads compared to selling products online, emphasizing that lead generation requires less effort and fewer steps. They recommend beginners focus on niches that need leads and have a lifetime value (LTV) of at least $1,000. Examples include gyms and roofing companies, both requiring local awareness and lead generation. The speaker introduces D7leadfinder.com as a tool to quickly find leads by searching keywords and locations, suggesting its use to test niche scalability. They advise beginners to select two niches: one potentially profitable and another they are passionate about. They conclude with a tip to simplify the process and not overthink the niche selection.
00:06:00
In this part of the video, the speaker highlights various lucrative business niches that can lead to success within the first year, including real estate, gyms, chiropractors, auto dealerships, B2B technology, medspas, dental services, orthopedic surgeons, coaching clients, yoga studios, martial arts facilities, attorneys, and roofing companies. They encourage viewers to select two niches to focus on, create simple messaging, and take immediate action by sending emails, DMs, or making phone calls. The speaker emphasizes the importance of persistence despite failures and rejections. They also mention a resource, TheSMMABlueprint.com, which offers a comprehensive guide to starting and scaling a business. The segment concludes with a call for mutual accountability and engagement from the viewers.