Pattern Breakers

Breakthrough Lessons: Nail Your Niche

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Jun 12, 2023
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ADVICE

Niche First, Expand Later

  • Conquer a specific niche before expanding to the wider market.
  • This allows you to gain traction and prove your concept before tackling larger, more competitive markets.
ADVICE

Find Your Stronghold

  • Identify a niche stronghold, or beachhead, where you can dominate.
  • Look for areas with unfair advantages, like pre-existing infrastructure or struggling competitors.
ANECDOTE

Spotify's Swedish Launch

  • Daniel Ek strategically launched Spotify in Sweden, a smaller market with high piracy rates and struggling record labels.
  • This allowed him to secure favorable deals and gain initial traction before expanding globally.
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