Transforming Passion into Profit: A Guide to Entrepreneurial Success

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Explore the journey of turning passion into profit through niche identification, problem-solving, and building a successful business. Discover how missions drive businesses like Bloomin Queens Co. and Emerge (UCAN) ERG, and learn the 4-step problem-solving process to create solutions. Find valuable resources for entrepreneurs to enhance skills and knowledge.

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Uploaded on Aug 19, 2024 | 0 Views

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Nadia O. Hill, BA 2016 Turning Passion Into Profit

Key Objectives 1. Identifying your area of niche. 1. Highlighting solutions to relevant problems. 1. Implementing problem solving process. 1. Tracking your profitable success!

From Passion To Niche Niche is defined as a specialized segment of the market for a particular kind of product or service. Everyone is designed to impact the market in a different way. Your passions serve as a guide to your area of influence.

Bloomin Queens Co. Virtual consulting agency founded in 2020. Mission : We strive to empower women as they heal, lead, and grow under the safety of sisterhood. My niche helped to identify my specialized target audience.

Emerge (UCAN) Employee Resource Group (ERG) for young professionals. Established in March 2018. Mission: We strive to create an supportive environment that addresses personal goals and interest for career mobility.

Problems + Solutions Problems aid in the development of solutions. What solution can you provide to a daily problem? Bloomin Queen Co. created an healthy space for women to grow in purpose. Emerge created an supportive environment for young professionals to gain access for career mobility.

4 Step Problem Solving Process 1. Identify relevant problem. 1. Study your target audience. 1. Create opportunities for organic engagement. 1. Develop the service and/or product.

Building Your Business 1. Begin with hosting events to engage with your target audience. 1. Create online presence with various platforms + medias. 1. Establish an competitive marketing analysis. 1. Secure your financial sources. 1. Open a business account. 1. Start your corporation.