Are you struggling to find the right niche for your YouTube channel? In this episode, we delve into the crucial concept of niching down versus niching up. We'll explore how getting more specific with your content can help you own a space and grow faster. We will also discuss the risks of niching down, like reaching a cap on growth or making it harder to expand to other niches. On the other hand, we will examine how a broader approach can potentially reach more people, while also facing increased competition from larger players.

This episode will help you understand that your position on the 'niching' scale is a choice. You'll learn how to decide where you want to be on this spectrum and how to adjust your approach.

We'll also explore some of the top niche ideas for the coming year, including:

• Freelancing: Share your expertise and projects to build a portfolio and attract clients.
• Businesses: Use your channel to educate your audience, build trust, and streamline the sales process.
• Artist: Share your creative work along with your personality.
• Mental Health: Focus on a specific group that you can help with your expertise.
• Automation & Simplification: Demonstrate how to automate processes in a specific area, for example, business or teaching, to make people's lives easier.
• Journeys: Take your audience along for the ride in your daily life and demonstrate your hobbies.

Finally, we will cover five key factors that can predict your success on YouTube:

• Does your niche match your long-term goals?
• Does it align with your existing skills and experience?
• Is it something you are already doing in your life?
• Can you improve upon existing content in this area?
• Does it make you happy?

Combining all five of these factors will give you the highest likelihood of success, however, success is ultimately about your own definition. Are you doing something you love, in a way that you love?

Tune in to discover how to choose a niche that not only works but also aligns with your passion and goals!