A daily email about monetizing and visualizing your corporate expertise. Give me ~1 minute a day, and I'll help you turn what you know into your most differentiated and lucrative asset.
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Great question came in yesterday about how to identify the ālocalized painā of your target client. The simple answer: just ask them. Iāll explain - and since weāre talking about pain, letās imagine youāre a doctor: A patient comes to you because something doesnāt feel right. They may not know what the root cause is⦠(Though they may have tried to self-diagnoseā¦) They may not know what the remedy is⦠(Though they may have tried to self-treatā¦) In fact, theyāre very possibly coming to you in the first place because trying to take care of it themselves has not worked. However, what they do know, intimately and exclusively, is what their pain feels like in the moment. Only after they tell you what hurts can you leverage your expertise to diagnose the root cause and offer a remedy. Letās put this in our context. Youāre an expert in your domain (people ops, product strategy, sales coaching, etc.) Youāre aware of common problems that teams or individuals in your domain have. Youāve worked through many of them firsthand or via work with prior clients. All in all, youāre a well-educated and experienced ādoctorā of your domain. But you canāt go out handing out prescriptions to people on the street, assuming you know whatās wrong with them. Rather, thereās an entire population out there of teams and individuals in acute pain. Perhaps from problems youāre aware or. Or perhaps some that you arenāt. Either way, you can likely leverage your expertise to diagnose and help them. If you just ask them what hurts. One of the most effective ways to do this is through 'market discovery' conversations. These are informal conversations you have with people in your network that are either within your ideal client profile (ICP), or tangential to it. Importantly, you should frame invites to these conversations as purely informational. Having a conversation outside of a sales context allows the person to speak freely without feeling like they're about to get sold to... And also allows you to focus on listening for pain points rather than formulating a commercial solution. This doesn't need to be complicated, just ask:
Then, you just listen. š” -Wes |
A daily email about monetizing and visualizing your corporate expertise. Give me ~1 minute a day, and I'll help you turn what you know into your most differentiated and lucrative asset.