The Key to Recession-Proofing Your Business - Become the Expert in Your Niche

What is the most limiting resource in yourjust stop completely (maybe for five minutes?)
universe? Your time...and drill down to one thing or area that you can
If you are ever going to be successful (inbecome an expert.
whatever measure you use for success) youLet's start with a personal area - say you want
need to be able to leverage this - the mostto be a better spouse. You can try the haphazard
valuable resource. I'm not going to talk todayapproach of a card or flowers every now and
about outsourcing, delegating, goal setting orthen along with a word of appreciation from time
prioritizing your daily activities - although these areto time when you think about it - or - knowing
all very important - instead, I want to talk aboutthat everyone has a basic human need to feel
focus. Taking one area of your life or business,appreciated you can decide that every single day
narrow it down to the smallest niche and becomeyou are going to find a new way to show your
an expert at it.spouse how much you appreciate them. Just the
We've all seen people who meander about in lifecreative process itself to figure this out will
from one project to another - one job to anotherexpand your mind in ways that will stave off
- or maybe even one wife and family to another.Alzheimer's for another 50 years.
They never really figure out how to be reallyFor a business example - there's no use trying to
great at anything. In so doing, they never reallybe another Wal-Mart. You can't beat them on
fulfill any of their personal, social, spiritual orselection or price. Instead, pick a niche (cooking is
financial goals or fine tune the skills necessary tohot right now). There are a million items in the
reach those goals.cooking niche so drill down to a single item -
By contrast, you often see athletes, communitykitchen knives. Learn everything you can about
or business leaders who are laser targeted onbalance, handles, types of steel, blade angles,
becoming the absolute best at one thing and aftersafety, etc. Publish articles, write a newspaper
they achieve that are also able to move thatcolumn, start a blog, write a book - anything to
focus into other areas of their life and realizeget your name out there and be the one person
success there also. The reason this works isthat if someone wants to know about knives
because our minds have an incredible capacity tothey know your name. Either sell the perfect
expand and take the disciplines learned inknives or become an affiliate and make a referral
becoming great in one area and transfer that intocommission on every customer you send to the
other areas of life. It also works because theperfect knife manufacturer. Once you own one
confidence and sense of achievement built byarea start to expand into complementary
success in one area is immediately transferable toproducts (sharpeners, cutting boards, etc.)
other areas in our life.Customers already trust your opinion, know
You can't be all things to all people - you can'tyou're the expert and will follow you with credit
even be all things to one person. Instead of trying,card in hand.