If failing is learning, I’m learning a lot right now!

The past week has been really difficult, probably the hardest since I started doing this. One of our two cats, my baby Yoko, passed away very suddenly last Friday, aged 11.

For a couple of days I just switched off, I couldn’t really do anything, which meant that I was on the back foot with my 9-5.

So then even when I did get back into the groove of things, the amount of time I could dedicate to my print on demand business was limited, as I was catching up on 9-5 work.

Still, I got into a routine of doing research in the evenings, coming up with designs, and creating and listing the products in the morning.

This meant I had a very stressful hour just after waking up – and to be honest, I kind of like that, but once I finished listing I was feeling really tense and tired already.

So I started listening again to the Daily Meditation Podcast. I used to listen to it last year, but it was just part of my podcast playlist, which meant it sometimes came up during my commute, which isn’t ideal…

So now I just listen to it every morning, while looking out the window or just sitting there closing my eyes, and just relaxing – and I feel completely rejuvenated.

This week I listed 15 products, which was below my target (I aim for 5 new listings every morning), but considering the circumstances and the fact that I got myself into a routine now, I’m pretty happy with the output.

I’m also happy with what I learned. Although I didn’t make any sales this week, I did pick a niche and started exploring it.

The method I’m using is aimed at targeting profitable yet not highly competitive niches. This means that while, for instance, dogs might be too broad of a category for this method, a particular breed might have passionate owners and lovers, but not at a high enough number to be highly competitive.

That’s the fine tuning that I reached towards the end of the week, and aiming to continue with.

The name of the game here is not quality (of the design, that is, meaning it can be very basic, the product itself needs to be of great quality), but quantity. List and list and list, learn from it and continue until you find your winner.

I’m loving it, I get to be creative and learn for free.

Hope that helps

Jon


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Published by Jon Kahn

Accountant and financial mentor based in Swansea, Wales. A contrarian who believes you should try to achieve your dreams by taking control of your life rather than reacting to them. Financial diets rarely work, so we believe in doing things differently.

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