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Avoid Commoditized Markets and Identify Niches

4:50
11:17
9.3K views

At 4:50 in

How a TEEN can make money running a SUCCESSFUL Company #1 4K

What happens here

The speaker advises against entering highly saturated and low-profit markets, using basic lawn care as a prime example. He states that he has 'never met a lawn care millionaire that just makes tall grass short' and that real profits in such industries come from 'accessory services' or 'other things'. The instruction is to critically evaluate market competition and profit potential. Avoid 'pools filled with other people' (crowded markets) and instead seek out niches with less competition where higher profits can be achieved through specialized skills and reduced price wars.

Goal: Focus on high-profit, low-competition markets

Tools and materials

  • Market Analysis Skills N/A — Evaluating industry competition and profit potential
  • Strategic Planning N/A — Developing a roadmap to enter and dominate chosen niches

What they say

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um first one is if you had to start all over what would you what would you do and not do you know would you jump straight into the landscape or stay all into Lawn Care no I would not do lawn care at all I I feel Lawn Care is a complete waste M all right no offense to you guys I've never met a lawn care millionaire that just makes Tall Grass short you ask Jonathan potach one of the greatest mines in the lawn care industry no his profits are in all of the accessory services that he does those net the highest profits laan care gets the foot in the door and that's okay but there's a lot of fake YouTubers out there that are claiming that they're making money off from lawn care and they're not right right they're not they're making lawn they're making their money off from other things that they're doing not off from making Tall Grass shorts when you watch people on social media you got to watch between the lines you got to be extremely careful of where your information is coming and who you're listening to and how they actually made their living uh Cory Ballard is another great one uh he actually made a really good living making Tall Grass short but that's not what he does now he may he still owns that company yeah but now he sells products and he does other things so all of these guys use that tow in the door to migrate into something else so why even jump into a pool that's filled with other people if you're going to jump into a pool jump into a pool that has less competition that's where you start to go out and you get those skills the most lucrative one that I've ever seen is ponds mhm right wow didn't know that

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