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Innovations help the product created by nichepreneur to reach ultimate success. The turmeric powder which everybody sees as normal, people make tea, ointment and medicines out of it. As I said, innovations are limitless, and people create new products even out of waste.
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Depends where your interests lie. If for example you are interested in sports and want to build a new product. You must brain storm every aspect of that industry to trace that one problem where you can give solution and it will let you be the NichePreneur. It may be a minute problem but you will...
Researchers verify that silicon valley or tech-driven startups are not the only option to choose. Mittlestand or hidden champions or niche which are local business who survived many crashedms can be a better option as everybody cannot be an innovator.
Who Is a NichePreneur : Any person doing business in a unique product. In simple terms when a product is chosen from a big industry or business and brought to market in a way that people recognize as unique. Any product with low competition and least known brands can be a niche ...
Yes any one can be a NichePreneur. The only condition is your mental presence to look for opportunities and work on them. It was power of observation which led to multiple designs for products in various sports activities, exercises, diet, clothing and many more
In this age of innovation and start-ups why not choose a niche. A niche can grow faster with less risk of competition, investment, change, acceptability and others. Niche provides easy ways to grow with confidence.
I love teaching entrepreneurship, blogging, personal finance and start-ups. I am also a blogger, skill share teacher, start-up mentor and hustler. I like to see world differently and want to do many things in this short span of one life.
Article explains niche entrepreneurship in details and gives glimpses of how to build one
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