What do you know how to do? When it comes to finance, now may be a good time to enter a niche that needs your financial expertise. For example, lottery winners. If you know how to do financial planning and can help people protect their earnings, this could be a great niche for you. Or maybe help people invest in safe investments. Or maybe, show college frat or sorority graduates how to manage money. These could be great examples of niches that your training program could use very useful. Read on and I’ll tell you 4 steps to making money using a high-priced training program in the money management niche.
1. Find someone you know has money management problems. This may require a bit of research on your part, or you may already know someone who needs help managing their money. For example, did you know that a very high percentage of lottery winners lose that money, those millions of dollars often within 1-2 years of winning the lottery? It’s true. They don’t know how to manage their money. Very unexpectedly they won the money and ruined it. They have fun or give it away without keeping track of their money. This could be a great niche for someone who knows how to manage money. And you know for sure that these people have money to pay for their experience.
2. To obtain the names of the lottery winners, you can contact the lottery office and ask them for a list of past and current lottery winners. These people may be open to your coaching program when you explain that you are looking to help them conserve their money. As you describe the benefits to these people of managing their money, be sure to paint a bright financial future with the help of your coaching program.
3. The same is true for people looking to invest their money in relatively safe investments. There are many people who long to learn how to invest their money successfully. You may know exactly how to help them with your 6, 10, or 12-week money management training program.
4. Did you know that fraternity and sorority houses are incorporated? Members of fraternities and sororities must pay what is owed, so they must have money to pay what is owed. In addition, as they begin to prosper in their own businesses or in their executive positions in American companies, they will need to know how to manage their finances.
If you know how to manage money, you could create a great, high-cost money management training program. Whether you’re a lottery winner, someone looking to safely and successfully invest their money, or a recent college graduate student, imagine the benefit you can bring to these individuals through your high-cost training program. It can help them plan and live a happy financial future. Think about it and then make it happen!