There are many factors that go into selecting the right niche for you to being making money in. However one of the most important and often times overlooked factor is being passionate about that particular niche.
I don’t know how many times I used to select a niche I had no interest in whatsoever just because I figured it would be easy to make money in it. While at the same time not going into a certain niche because I thought it would not make any money because it wasn’t very big.
However the fact is this. If you are interested training clients and passionate about a certain hobby, niche, etc. then most likely there are others who are as well.
This then means most likely they would be interested in buying what you are selling. Which then means your making money with your hobby.
Some of the most successful niche marketers have gotten that way because of the fact that they had a hobby or area of interest that they were very passionate about. They then were able to turn that enthusiasm into a profitable internet business.
The key ingredient behind their creating a profitable business was their passion. You are probably already finding out that it takes a lot of time and perseverance to create your online business. Especially early on when you are trying to market and brand yourself within a particular niche.
Often times you will have to be willing to put in long hours after you have spent all day at work so that you can build your brand and reputation in a particular niche market. However if you really have an interest in that particular market it will almost not even feel like it is work.
Not only will it not feel like work but you will find that if you are passionate about a certain topic then it is also easier to know what products people in that niche are willing to pay for and how much, what content you should have for your website not to mention creating it and how to best present it. Simply because you really do care and enjoy that particular area of interest.
So imagine for a moment that you really enjoyed Health and Fitness. You work out several times a week at a gym, take protein supplements, etc. Think about how much you would actually enjoy creating and monetizing a site that shows your visitors some effective exercises, tips on a proper diet, healthy recipes, as well give them honest reviews for various supplements, treadmills, and other workout equipment.
You would be able to learn even more about all of the above mentioned features which is something that you would be doing anyways but instead you are also able help your visitors as well as make some extra money. Imagine how much fun you would have creating a bonus for signing up for your newsletter. Maybe you could interview a fitness trainer at your gym or even a famous fitness guru you have long admired, etc.