Want to know a quick and dirty way to figure out your product category?
If you find yourself saying āweāre so much more than a _______,ā then BINGO!
šš«YOUāVE FOUND YOUR PRODUCT CATEGORY āØāļø
ā
Founders are cursed.
Cursed with a vision of a future that doesnāt exist yet.
ā Itās why they work nights and weekends for years with little to no payāall for a picture that exists only in their heads.
ā Itās what fuels them after hundreds of VC rejections to keep going.
ā This single-minded obsession with their vision of what reality COULD be is what drives them to create billion dollar companies.
Then why is it a curse? š¤
ā All that vision-casting makes founders terrible product marketers.
ā
Disclaimer:
Iām not talking about the late stage PMM that just does project management for feature launches š š»āāļø
Iām talking about the REAL product marketing that leads positioning, messaging, and go-to-market strategy šš»
The REAL PMM that is concerned with selling the productāAS IT ISātoday šš»
The founderās curse is they are constantly telling the investor storyā¦ to customers.
ā
And hereās the rub:
ā most customers couldnāt care less about your vision.
ā customers want a product that will solve a meaningful problem for them today
ā customers want to understand exactly what box your product fits into
ā customers want a frame of reference to understand what your product is and does
ā
And unfortunately, the founderās vision prevents them from being able to do these very simple tasks.
ā founders are constantly trying to make the product BIGGER than it is today
ā founders want to create and own new categories that customers donāt understand (or care about)
ā founders say āour product isnāt like anything elseā (even when itās not true YET)
ā
This story is GREAT for investorsā¦
But horrible for customers.
ā
The constant battle for founders is remembering WHEN to tell each story.
ā To make the product seem much BIGGER than it is today to convince investors to invest in the futureā¦
ā and to make the product SMALLER for customers so itās easier for them to buy in the real world today.
ā
So when it comes to your product categoryā¦
Just lean in and accept who you are right now š«
Customers donāt want to be educated.
And theyāll be much more likely to buy a ābetter messaging appā than an ādigital HQ.ā
Ben Wilentz
Founder,Ā Stealth Startup