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Diversification is playing not to lose. Specialization is playing to win.

Diversification is playing not to lose. Specialization is playing to win.

Released Tuesday, 28th July 2020
Good episode? Give it some love!
Diversification is playing not to lose. Specialization is playing to win.

Diversification is playing not to lose. Specialization is playing to win.

Diversification is playing not to lose. Specialization is playing to win.

Diversification is playing not to lose. Specialization is playing to win.

Tuesday, 28th July 2020
Good episode? Give it some love!
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Calculate the 20% Saturation RuleAs a general rule, they own 20% of their market. They are the leading authority within their market. Use a tool to identify the size of the industry niche (for example InfoUsa.com). Multiply that number by 20%. If the number falls between 1,000 and 10,000 you are in a specialized niche. An industry that calculates under 1,000 is likely too small and not an ideal niche.*Content drafted from SURGE, written by Mike MichalowiczLearn more about your ad choices. Visit megaphone.fm/adchoices

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