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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I thought itâd be helpful to break down âWide Shoes Onlyâ from yesterday⌠Yes, I was (slightly) joking about the money laundering litmus test⌠But this seemingly silly example actually nails the fundamentals. They found a very real pain point for an underserved market... ...and made a bold (and in many ways, risk-minimizing) branding move by going full Captain Obvious with âWide Shoes Onlyâ So whatâs going on here? Three big things:
So why does this sound so easy for them, but so hard for us as solo consultants? 1. Weâre wishy-washy on the problem Weâre quick to claim domain authority (âstrategyâ, âpeople opsâ, âbrand marketingâ) but hesitate to commit to one problem we can solve. If Wide Shoes Only had stopped at âfootwearâ, where would we be? 2. We overestimate how big a niche needs to be Remember your magic number? The number of clients you could possibly serve? Itâs very small. Maybe 10 per year. Ask yourself:
If so, thatâs probably enough. 3. We overcomplicate our messaging If it takes more than a few sentences, weâve almost certainly lost them. But when you narrow in on one clear problem, for one clear audience⌠Your message will almost write itself. So, no, the takeaway isnât to niche yourself into obscurity. Or to go hyper-literal with your branding. Itâs simply to follow the pain youâre uniquely equipped to resolve. And speak clearly about how you resolve it. đĄ -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.