What is your process for choosing a first target market for a new business?
Replied byNeil Patel
Co-founder, NP Digital at NP Digital
Niche: AI, Marketing, Agencies
Revenue: $1M+/month
Location: USA
Started: 2015 or
I do not start with a big market report. I start with revenue. Where can I close deals the fastest based on who I know and what I am good at? Maybe it is lawyers because you went to school with some. Maybe it is DTC brands because your friends run stores. Your first target market should be the easiest one to sell.
0
From the Full Interview
This answer is part of a full interview with Neil Patel, Co-founder, NP Digital at NP Digital.
Share this Answer
Found this insight valuable? Share it with your network to help others learn from Neil Patel's experience.
Cite This Answer
Use this answer in your research, article, or academic work
Related Answers
How does sustainability influence your decisions?
By Paul Guyett
Retail
$1M+/mo
Can you tell us how the business started and what that means to you today?
By Paul Guyett
Retail
$1M+/mo
How has the business evolved over the years?
By Paul Guyett
Retail
$1M+/mo
What leadership lesson stands out from managing a long-established company?
By Paul Guyett
Retail
$1M+/mo
How did customers react when you moved locations?
By Paul Guyett
Retail
$1M+/mo
Why was improving the showroom layout important?
By Paul Guyett
Retail
$1M+/mo
How important is industry knowledge to your business?
By Paul Guyett
Retail
$1M+/mo