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> But if you find a niche market Therein lies the rub. If the market you find is too niche¹, then any product you produce for it will likely be unprofitable, s
by acuozzo 3y ago
> But if you find a niche market
Therein lies the rub. If the market you find is too niche¹, then any product you produce for it will likely be unprofitable, so defining exactly what niche means in this context requires bounds.
So now it's a game of shopping around for the right niche market. If you're lucky, then you'll find one which aligns with what intrinsically motivates you. If not, then it'll be a grind to become enough of a SME in that niche market segment to produce a product which meets the needs of its participants.
I therefore argue that step 1 is to be a normal enough person to have some niche interests, but ones which are not so niche that you only share this interest with— at most —a few thousand other people.
[1] The owner of The Laserdisc Database, lddb.com, doesn't make enough solely from this venture to support himself.
- throwawayq3423 3y agoOh I didn't say finding a market building a product and knowing the right people to partner with is easy, but it's also not impossible. It certainly is not something that takes everything from you no matter what. You can approach it with any level of intensity you'd like.