Paralysis by Analysis is a phrase I have heard more than a few times this week. Whether it is from the members in my mastermind group or from other Facebook groups related to Niche Site building that I am a part of, it seems to be a very real thing.
Tom summed it up beautifully when he said
“I know my weaknesses, it's paralysis by analysis, I just forced myself upon this niche, no more looking around”
The first step is recognising that you are getting stuck in a never ending loop doing weeks and weeks of research and more likely than not you are only missing out on opportunities you should have taken earlier. The only way out of that look is from decision and action.
I have been stuck in this phase this week. Over analysing everything and constantly wondering if there is a better niche out there with better potential. For this first niche site it is important to get your processes sorted out to really speed up the research phase going forward so for me there has been a lot of experimenting of different process, a lot of information I am processing and taking the best parts out of what I am learning and implementing them into my research processes.
In the name of progress I have set myself a deadline to have my niche chosen. The deadline is January 27 and the only reason for me not choosing a niche with good numbers and good potential will be not putting in the work.
I have a some more data mining that I want to do over the next 3 days and that is what I will be focusing on.
I will only be disadvantaging myself if I don’t put in the required research to choose a great niche. So let’s stop procrastinating and get researching! I am going to give you some great resources for different aspects of research.
www.nichepursuits.com – Niche Pursuits is running coaching calls for beginners with 3 different students. If you want to learn the basics quickly follow these coaching calls to give yourself a head start.
www.onemansbrand.com – Will is a part of my mastermind group and does a fantastic job in demonstrating how to use SEMrush effectively. I have learned some great lessons in filtering and how to data mine larger sites. Follow the videos on 30 Days To Make a Sale
www.nichehacks.com – Niche Hacks is great for discovering different niches and learning from a huge amount of cases studies for inspiration.