The classic small-business owner builds a business based on a skillset or niche that they know and love deeply. Maybe you fall into this category. Turning your passion into a scalable business is the path most entrepreneurs follow, but there are other ways to engineer a scalable business model, and Eleanor’s guest this week is a master at uncovering scalable ideas he doesn’t necessarily have domain expertise on.
Eric Lam is the founder of the popular newsletter Exploding Ideas where he helps his 10,000+ subscribers discover startup ideas in million-dollar niches. Exploding Ideas is a market research and growth firm that specializes in data analytics and digital marketing to identify and capitalize on tailwind opportunities, and Eric is here to share his wisdom on the art of finding scalable businesses by understanding tailwinds.
Tune in this week to hear Eric’s take on understanding trends and tailwinds as a way to make great money with fast-growing businesses. He’s sharing his tips for building your own mailing list, how he uses SEO to uncover growth opportunities, and how entrepreneurs like you can begin leveraging market research to engineer scalable business ideas.
Whether you’re a long-time listener or brand new to this podcast, your insight matters and we want to hear from you. If you’ve benefited from the show in any way, please rate and review it by clicking here.
Today on Anchored Intelligence:
- Why Eric advises founders to pursue organic growth.
- Eric’s approach to selling on Reddit and how he leveraged the power of platforms like Reddit.
- How Eric generated the kind of traction he has with his newsletter.
- Eric’s thoughts on the effectiveness of Facebook groups versus Reddit communities.
- What tailwinds are and why entrepreneurs need to understand them.
- How entrepreneurs can use market research to identify tailwinds.
- Eric’s top tips for building a mailing list.
- How to streamline your data collection process.
Resources Mentioned:
- Can’t seem to figure out why your scalable offer isn’t selling? Schedule a growth audit with Eleanor and her team to create an actionable plan to get your offer generating the income you want! Click here to schedule!
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- Technical Support by Digital Freedom Productions