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2 Votes
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Reason and logic,only the facts
BALTHOR Updated - 6th Dec 2011
Never ever argue and always smile.You'll wear them out and you'll have them as allies.Some can only do it with arguing.It's how they access mind sections.Your group is mind segmented.Some are libido centered,some are pure logic,some are bubbly and child like,some grand aloof and some are pure street.You need them all to see success.
1 Vote
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Contributr
Nice to hear from you, BALTHOR.
... then my chosen niche is too broad. Here's the way I see it... would I rather do something that lots of other people are doing, which means that I have to scramble to find customers, I get stuck in price wars with the general market, and the customer's kid niece who "knows how to setup an iPad, so I trust her opinion about technology" says I don't know what I'm talking about? Or would I rather have a nicely defined niche that is narrow enough that the list of potential customers exceeds the capacity of consultants to meet it, allowing me to charge rates that are mutually beneficial (because I'm working to capacity instead of spending half my time marketing and trying to close sales, forcing me to charge not only for time working but time not working for a client!), not having to be forced into a price battle with others, etc.?

J.Ja
2 Votes
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Contributr
Narrow enough to drive demand, but not so narrow that you have to go hunting for the three people who'd be willing to give their firstborn child for your services.
0 Votes
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I Like the Idea
prh47 12th Dec 2011
But does it actually work out in practice?
1 Vote
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Contributr
Of course, there are lots of potential factors that could break it: being really hungry for work would make it hard to practice, for instance. As Justin said, having too broad a niche puts you in competition with a lot more people. Not being able to sell your expertise means you look like everybody else, etc.
2 Votes
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Does it matter?
PMPsicle 12th Dec 2011
Personally, I've always found more competition from clients and recruiters than from other consultants.

After all, no matter how tiny your niche if your customer (and recruiters are customers) do not recognize the niche or the need for a niche player you end up competing with the half-pricers anyway.
0 Votes
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Contributr
If you look to them just like every other alternative, then that's your competition. Differentiation is key -- and it has to be perceived.
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