defining-icp
Defining Your ICP
Narrow your focus to win a market beachhead and build undeniable momentum.
Help the user with defining your icp using insights from 15 guests and posts across Lenny's Podcast and Newsletter.
How to Help
- Identify the Narrowest Possible Segment - Help the user strip away broad demographics to find a comically narrow beachhead where their solution is a 10x improvement.
- Extract Key Attributes - Guide the user to define three specific and unique characteristics that separate their ICP from the general market.
- Validate Through Signal Quality - Use cold outreach data and user behavior to confirm if the chosen segment feels acute pain and demonstrates urgency.
- Plan for Strategic Expansion - Determine when the current niche is dominated and outline the sequence for moving into adjacent segments.
Core Principles
Dominate the niche to gain power
Geoffrey Moore: "The tendency when you're in the chasm is, 'I just need more customers. I should take any customer I could find,' because we need revenue. It's like taking a match and running it back and forth under a log. It's not going to light the log. So how do you start a fire? Well, you start it by putting a little kindling, little crumpled up paper, and you hold the match in one place until the fire starts."
Target a segment where you can realistically achieve 30% to 50% market share within two years. Resisting the urge to pursue every customer for revenue is essential to build ecosystem power.