
How to Use Market Research to Position Yourself as a High-Demand Coach
Introduction: The Power of Market Research for Coaches In a fast-paced, competitive coaching industry, becoming a high-demand coach is not just about having the right
For many professionals, self-employment represents the ultimate freedom. The dream of being your own boss, making your own hours, and choosing the projects you work on is alluring. However, the transition from a stable job to running your own business isn’t just about enthusiasm and passion—it’s about thoughtful planning, adaptability, and being willing to listen and evolve.
One of the biggest hurdles many face when making this transition is stubbornness. While perseverance is often celebrated in entrepreneurship, it’s crucial to differentiate between tenacity and a stubborn refusal to adapt. Stubbornness can lead to poor decisions, wasted resources, and missed opportunities, as aspiring business owners often become overly attached to their original idea.
In my early days of entrepreneurship, after leaving a stable job in IT, I was so convinced that my idea would work that I ignored the warning signs. I believed that if I just pushed hard enough, success would follow. But stubbornness caused me to dismiss early feedback, ignore market signals, and waste valuable resources on features and ideas that ultimately didn’t resonate with my customers. I learned the hard way that stubbornness can be one of the biggest hurdles to success when quitting your job to become self-employed.
When you’re passionate about your business idea, it’s easy to become emotionally attached. You’ve likely spent countless hours thinking about it, shaping it in your mind, and building the solution you think the market needs. But here’s the issue: too many aspiring entrepreneurs approach their journey with a fixed mindset, where they believe their vision is perfect and the market will eventually come around to it.
When I left my job to become an entrepreneur, I was convinced that my tech-driven business idea was groundbreaking. I had invested months into developing the platform and was certain that clients would immediately recognize its value. What I failed to realize was that I was operating with tunnel vision. I wasn’t considering what my potential clients really needed or even asking them for feedback. I was so stuck on my own vision that I missed clear opportunities to pivot early on. It wasn’t until I lost time and money that I learned the importance of being flexible and listening to the market.
Stubbornness manifests in several ways for new entrepreneurs, particularly those transitioning from traditional employment. Here are the most common pitfalls:
One of the most common mistakes aspiring entrepreneurs make is focusing on the solution they want to offer instead of the problem they need to solve. Many people believe their product or service will be revolutionary, but they fail to ask if it solves a real need in the marketplace. They often become enamored with their creation without validating it with potential customers.
Kodak’s story is one of the most famous examples of a business being too stubborn to adapt. When digital cameras started gaining traction, Kodak stuck to its film-based business model, believing that its established market dominance would carry it through. By the time Kodak realized the market had shifted, it was too late. Their stubbornness led to a missed opportunity to evolve with the industry.
In my own entrepreneurial journey, I was fixated on the solution I thought was revolutionary. I developed features that, in retrospect, were unnecessary because I never stopped to validate whether my target audience truly needed them. I wasted both time and resources developing aspects of the business that didn’t solve the real pain points my customers were facing.
A key aspect of entrepreneurship is understanding that feedback is not criticism—it’s an opportunity for improvement. New entrepreneurs often dismiss early feedback, convinced that their idea is flawless. Stubbornness prevents them from adjusting their product or service to meet market needs, and this is where many businesses falter.
Blockbuster is another example of stubbornness leading to failure. Despite the rise of Netflix and the clear signals that the entertainment industry was moving toward streaming, Blockbuster clung to its brick-and-mortar model for too long. They had the opportunity to pivot but didn’t act on it because they believed their existing model was too strong to fail.
Another manifestation of stubbornness is the blind following of trends. Entrepreneurs often see a trend working for others and believe that it will work for them too, regardless of whether it aligns with their strengths, passions, or market needs. They become too focused on replicating others’ success instead of carving out their own unique path.
In recent years, drop-shipping has become a popular business model, with numerous success stories online. Many aspiring entrepreneurs jump into the industry because it looks like an easy way to make money. However, most don’t consider the saturated competition, low margins, and the need for excellent marketing to stand out. Following trends without considering the nuances of your market or your own strengths can quickly lead to failure.
Stubbornness can be costly in terms of time, money, and missed opportunities. Every day spent pushing a product or service that isn’t resonating with your market is a day you could have spent refining your approach or pivoting to something more viable.
One of the biggest expenses for new entrepreneurs is the money spent on developing a product or service without proper validation. Whether it’s building unnecessary features, hiring too many staff too early, or pouring money into ineffective marketing, the financial costs can quickly add up.
When I first launched my business, I made the mistake of hiring a full development team to build features I thought were crucial. I spent thousands of dollars only to realize later that my customers weren’t interested in those features. Had I listened to early feedback and focused on the core problem, I could have saved both time and money.
Every moment spent pushing an idea that isn’t working is a missed opportunity to innovate, pivot, or find a better solution. The opportunity cost of stubbornness can be substantial, especially in competitive markets where speed and agility are essential.
Breaking free from the stubborn mindset doesn’t mean giving up on your passion or vision. Instead, it means learning to adapt, listen, and evolve as you gather more information from the market. Here are some strategies to overcome stubbornness:
Instead of focusing solely on your solution, spend time deeply understanding the problem your target market is facing. What are their pain points? What keeps them up at night? Once you have a clear understanding of the problem, you can develop a solution that truly addresses their needs.
One of the best ways to understand your target market is through direct conversations. Conduct interviews, surveys, and focus groups to gather insights into the problems your potential clients face. This will provide valuable data that can guide your product development and ensure you’re solving a real need.
Feedback is one of the most valuable tools for any entrepreneur, especially in the early stages. But it’s not enough to ask for feedback—you have to act on it. If your customers are telling you that something isn’t working, listen to them. Their feedback is invaluable.
Slack, now a leading workplace communication platform, started as a gaming company. When their game didn’t gain traction, they pivoted based on customer feedback and turned their internal communication tool into the product we know today. Slack’s success is a testament to the power of feedback and adaptability.
One of the biggest challenges for stubborn entrepreneurs is the willingness to pivot. However, some of the most successful businesses today were built on the foundations of early pivots. Being flexible and willing to change direction when needed is a critical component of success in entrepreneurship.
Instagram started as a check-in app called Burbn, but after realizing that users were primarily using it for its photo-sharing features, the founders pivoted to focus solely on that functionality. That pivot ultimately led to Instagram becoming one of the most popular social media platforms in the world.
The key to overcoming stubbornness is to embrace flexibility. Adaptability is not about abandoning your vision but rather aligning it with market needs and realities. Flexibility allows you to evolve without losing the core of your passion and purpose.
Successful entrepreneurship isn’t about having the perfect idea from day one—it’s about the ability to adapt, iterate, and improve based on feedback and market conditions. Flexibility is the key to unlocking opportunities you may not even see in the early stages.
Making the leap from a stable job to self-employment is no small feat. While passion and vision are crucial components of success, flexibility and adaptability are what truly set successful entrepreneurs apart. By avoiding the trap of stubbornness, staying open to feedback, and being willing to pivot when necessary, you can dramatically increase your chances of building a sustainable and successful business.
Are you ready to take control of your entrepreneurial journey? Don’t let stubbornness hold you back from realizing your potential. Download “How to Find Your Purpose and Build a Life You Love” for more insights, strategies, and actionable steps to succeed in self-employment.
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