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🛠️ ‘Niche-ing Down’ is Terrific Advice + How to Build a Founder Brand

1 strategy, 1 example, 1 big idea

What up, marketers. Welcome another 1-1-1 edition of Adam’s Letter. Thanks to the 50 of you who joined the community in the last week. If someone sent this to you - please subscribe!

Quick programming Note - I heard from several of you that while you enjoy reading the marketer deep dives, they aren’t quite as applicable to your day-to-day as the 1-1-1 emails.

So, we’re switching things up.

Thursdays will now be 1-1-1 emails (like this one). Then on Sundays, you can kick back and read about your favorite marketers over your weekend morning coffees. Thanks for the feedback. Let’s dive in!

Strategy: 6 Questions to Build a Founder Brand

This week I met with an investor who was looking for direction on building his brand.

My mind immediately went to some lessons I learned from Dave Gerhardt’s book, “Founder Brand.” Dave is one of my favorite people to study in the marketing space (spoiler alert: he’s the feature for Sunday’s deep dive).

In the book, he provides 6 foundational questions to help direct companies as they build their brand around their founder or lead personality:

  1. What is the founder's back story?

  2. What problem does your business solve?

  3. Who’s the villain (in your customer’s story)?

  4. What’s the solution you provide?

  5. What are the benefits for the customer using your product?

  6. What’s the customer’s life like before and after using ur product?

I think these questions are valuable for nearly any brand to consider - whether built around the founder or not. If you’re unsure about whether your brand should be founder-led, I encourage you to check out Dave’s book.

Staying on (founder) brand, this week’s marketing example showcases 7 ways to build the Founder Brand.

Milestones, BTS, and Personality are the three that have worked best for me, personally.

Idea: Niche-ing down is terrific advice

In the last issue I said, “Niche-ing down is terrible advice”

And WHEW did that get some responses… Niches be crazy!

I love the feedback and conversation and am sharing two of the best responses I received:

The first is from the incredibly talented, Jonathan Yagel:

I disagree with your take on niches.

Good business strategy and marketing relies on niching down to avoid the ol’ “Our target audience is… everyone!” And, like Nat points out in the article you linked: that’s the quickest way to grow.

So your claim is more about personal brands / content, rather than company brands / content. And I totally agree with your point that it can be a problem when individual creators constrain their identity to a single niche. But even personal content can benefit from the discipline of matching specific content with a specific audience…

So I’d say this comes back to classic marketing strategy questions: What’s your goal? How fast do you want to grow? In both personal brands and company strategy, I’m in favor of the long-term, authentic growth that you’re advocating for… but that doesn’t mean niching down is always terrible advice! Just depends on the objective.

Jonathan Yagel

The second is more of a testimonial from reader, Rob Bettis - whose business and marketing acumen I deeply respect:

My response: they’re right!

But I am too.

There is a difference between how you wrap your personal brand/service as a marketer, and your actual skillset. If you go back and read the post, I never said picking a niche or vertical for your brand is inherently a bad thing.

I’m talking about our skills and value as marketers.

To that, I hold fast to the idea that “We need to be generalists in a world of specialists.”

Choosing a niche can absolutely fuel quick growth (and cap long-term opportunities), and that’s a fair strategy to take.

My point was that “being generalists across culture, business, media, and marketing functions is the only way we can effectively drive the brands we’re tasked with leading.”

So to fully cop out, the answer is: both.

(But mainly, I’m right) 😉 

Happy Thursday!

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