Christian Mickelsen#1 Best-Selling Author, Personal Development Coach, and Speaker

Don't Do Your Passion, Unless You Do This #shorts

Name: Don't Do Your Passion, Unless You Do This #shorts
Uploaded: 2022-03-07T15:00:31+00:00
Duration: 28 s
Channel: Christian Mickelsen
Description: Short advisory YouTube Shorts video by Christian Mickelsen advising entrepreneurs to choose passion over money but focus on real niche markets. Speaker…

7 Mar 2022 · 0 min

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0:28

Short advisory YouTube Shorts video by Christian Mickelsen advising entrepreneurs to choose passion over money but focus on real niche markets. Speaker suggests that for a true niche people may pay about $5,000 each; with ~20 customers per year that equates to roughly $100,000 annually (speaker frames $5,000 as a gut-feel ballpark, not scientific).

Questions this video answers

March 7, 2022

$5,000

20 customers per year

If you have to choose between making the money or the passion, choose the passion. If it really is a real niche market, if it's a real niche, then people would be willing to pay $5,000 for it, right? Again, that's not an absolute scientific number. $5,000. It's kind of my gut feel ballpark. Like, if there's. If a handful of people are willing to spend $5,000 for it, you only need 20 people a year in order to make $100,000 a year.