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Specialize in a Market Niche For Greater Impact

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Education & Training with Ludwig & Associates

Motivational Power Quote

 

Specialize in a Market Niche For Greater Impact

“The way to become rich is to put all your eggs in

one basket and then watch that basket.”

Andrew Carnegie 1835 - 1919, Scottish American

Industrialist

As I see it. . . . . . . .

Specialize in a market niche for greater impact

 

It’s far better to be a big fish in a small pond . . . . then a small fish in a big pond.

 

Select a market niche . . . . and work that niche like you would work a gold mine . . . You hard work will uncover the nuggets in that niche.

The nuggets of new business opportunities . . . . and referrals will be there for you to mine with your persistent efforts.

 

Accumulate all the knowledge that you can in your market niche until you stand out in your field . . . . and you become a recognized expert in your niche.

 

Put your energy and efforts into growing that niche into an unstoppable business force to where you are seen . . . . as the go to person in your niche.

 

The way to prosper in real estate . . . . is to become a specialist in a market niche and to become the big fish in a small pond. As you become bigger your pond . . . . your pond will expand.

 

Specialize in a market niche for greater impact . . . .

 

©2013 Lou Ludwig, Sales and Management, Success Coach, Speaker, Trainer and Author

Bryan Robertson
Los Altos, CA

Carnegie is one of my business idols and this advice is good to follow.  I tell all my agents to find a good niche, manage it, then find another one.

Jul 01, 2013 01:08 PM
Elyse Berman, PA
LoKation Real Estate - Boca Raton, FL
Boca Raton FL (561) 716-7824

Lou,  I agree; it's better to be a big fish in a small pond than a small fish in a big pond.  Have a happy 4th!

Jul 01, 2013 01:09 PM
Richard Iarossi
Coldwell Banker Residential Brokerage - Crofton, MD
Crofton MD Real Estate, Annapolis MD Real Estate

Lou,

It looks like Andrew wrote that quote just for this industry.

Rich

Jul 01, 2013 01:36 PM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Lou, you always have great advice for us as we look at our business on a daily basis!

Jul 01, 2013 01:40 PM
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

Lou, Point well taken, we need to be really good at one thing and focus.

Jul 01, 2013 02:19 PM
Christina Sanchez Hood
Palo Alto, CA
#SiliconValleyHOODS | Inspired Living

Lou, I agree with Debbie, it is a point well taken.  Solid business advice from you and Mr. Carnegie.  Thanks.

Jul 01, 2013 03:43 PM
Joe Petrowsky
Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709 - Manchester, CT
Your Mortgage Consultant for Life

I don't know about putting all my eggs in one basket, but identifying a niche and going after it is the way to go.

Jul 01, 2013 07:26 PM
Ralph Gorgoglione
Metro Life Homes - Palm Springs, CA
California and Hawaii Real Estate (310) 497-9407

Great advice-- putting all your eggs in one basket can sometimes be scary, but worth it! Thanks for the suggestions and the encouragement!

Jul 02, 2013 11:01 AM
MichelleCherie Carr Crowe .Just Call. 408-252-8900
Get Results Team...Just Call (408) 252-8900! . DRE #00901962 . Licensed to Sell since 1985 . Altas Realty - San Jose, CA
Family Helping Families Buy & Sell Homes 40+ Years

Yes, I agree. "Specialize in a Market Niche For Greater Impact".

Jul 01, 2018 11:43 PM
Michael Jacobs
Pasadena, CA
Pasadena And Southern California 818.516.4393

There is something to be said about the 'worthiness'  of this quote so many years later.

Jul 02, 2018 08:15 AM