POV Discovery

Teasing out your POV (rigorously)

We’re in The POV Era.

So, you need a powerful POV in order to stand out and win.

Most startups I meet have not done real, deep thinking on this.

Usually there’s fragments of a POV, or, it mostly exists within the minds of 1 or 2 people (founders) on a mixture of a conscious and unconscious level — making it difficult to execute against.

It requires significant mental lifting to extract it, refine it, and weaponise it. So it’s fit for duty as a strategic asset up against competitive alternatives.

Where to start? With POV discovery.

This is an exercise for company leadership and key stakeholders to undertake.

The purpose of this is to:

  1. Define exactly what the POV is

  2. Expose and close blindspots in the POV

  3. Connect all the dots within the reality of prospects to support the POV

Below I have laid out the standard set of questions I like to go through, to achieve that.

Note: answering these questions should be mentally exhausting. As if you just did a mental version of the IRONMAN triathlon.

Breezing through it indicates either:

  1. You already have it nailed down

  2. Not enough thinking or insight-led work has been done to support the answers

Guess which I see more?

You guessed right.

Once you’re done with your POV discovery:

  1. Leadership should be thoroughly on the same page

  2. You will be able to share the POV concisely with the broader team

Referring back to the answers is also useful for team members that need to get into the weeds of the POV for their work. So what they deliver aligns with the POV of the company:

“How should we build X?”

Should we add this feature?”

“How should I talk about our new partnership with X?”

“How can I produce sales and marketing assets that reflect the POV?”

Where does our company stand on this new government policy?”

You get the idea.

The beauty of this? Once you have done the hard work upfront and produced a comprehensive resource, it can be mined for value easily.

Chuck it into your AI tool of choice and feed it questions. Use it as a sparring partner to consider the POV in different contexts. To bounce ideas off. Anyone in the team can do this. It works as a guide to help fill in the gaps for tactical execution, for those who do not fully grasp the POV.

Here’s the questions…

What’s happening? What’s the situation?

(who? what? when? where?)






What’s the context behind this situation?

(what’s the story here?)






What caused this context to happen?

(why is the context changing?)






What are the implications of this?

(what are the negative outcomes of this context change?)








Who is affected the most by the implications?

(high-pain feeling prospects: traits of prospects who experience the negative outcomes acutely)







Who is affected the most by this AND we are a good fit for them?

(perfect-match prospects: these are high-pain feeling prospects who are compatible with us)








What problem does it cause for them?

(how does the negative outcome prevent perfect-match prospects from achieving what they want to achieve?)






How do they notice or experience the problem?

(where does the problem ‘show up’ and reveal itself in the lives of perfect-match prospects?)






Is it a problem they understand?

(are they aware of it? do they understand the full implications?)







How is this a differentiated problem?

(how do we think about this problem differently to everyone else?)








Why should perfect-match prospects care?

(what motivates them? why should they pay attention to this?)







What might they stand to lose?

(how can we trigger loss aversion?)






What are their present perceptions toward the situation?

(how is the situation viewed and perceived by perfect-match prospects?)







Why do these present perceptions exist?

(what stereotypes, biases, or experiences have established these perceptions?)







How do we want them to perceive the situation?

(what ‘picture can we paint’ to reframe how perfect-match prospects perceive it?)








Why do we want them to perceive the situation like that?

(what business objective does it support and deliver against?)







How can we get them to perceive the situation like that?

(how can we enlist existing perceptions to mold a new perception?)






What is preventing them from perceiving the situation like that?

(a lack of awareness? a lack of credible voices articulating it? it doesn’t ‘work’ in the mind?)







What is a ‘fundamental truth’ they strongly agree with?

(confirmation bias: what is an idea about the situation that perfect-match prospects would strongly agree with?)







Who or what is the prospects’ enemy? 

(what company, category, or context is causing the problem to exist?)







What is enabling the enemy?

(why does the enemy exist and what is the reason behind it?)







Who has a vested interest in maintaining the enemy? Why?

(competitive alternatives that are better off if the enemy goes unsolved)








How might the enemy grow if left unchecked? 

(what forces enable the enemy to become worse over time?)








Our insight

(what category insight have we discovered that no one else has laid claim to in the minds of perfect-match prospects?)








Who are we? Why do we exist?

(sure… to make money. but, how can we uniquely add value to earn that money?)









In what way is the category (or others) failing? 

(what is our unique ‘take’ on the situation that will resonate in the minds of perfect-match prospects?)









How does the category failing guide our approach?

(how does it inform the way we build solutions, products, features?)









What is our unique approach?

(how are we approaching building a proposition, differently?)






Why should perfect-match prospects care about our unique approach?

(why is it valuable to them?)








Why will our unique approach kill the enemy?

(why does our approach solve the differentiated problem we defined)









Why now?

(why hasn’t this been done before?)







Why is it urgent?

(why should perfect-match prospects take action now?)







What promise do we make for our customers?

(if we were to make a promise to customers, what would it be?)







Why are we credible?

(authority, social proof, evidence it works?)








Why are we believable?

(what perceived ‘truth’ can be leveraged to make our claims believable?)







What are our beliefs?

(what core principles do we follow that guide our decision making & approach?)







What are our anti-beliefs?

(what goes against our beliefs and would further enable the category failing?)






How do we want prospects to feel?

(what emotions do we want to trigger and associate with our POV?)








What does a ‘perfect world’ look like to our prospects?

(if the prospect could snap their fingers and resolve the differentiated problem completely, what would it look like?)







Is there a ‘white elephant’ perception?

(something that we aren’t mentioning, but is inhibiting prospects from taking interest in us)








What does our vision of the future look like?

(go forward 10 years. how is it different, how do we fit into it, and how did we shape it that way?)









Who are our competitive alternatives?

(include all alternatives – e.g. “excel” or “do nothing” or “in-house CFO” or “AI Agent” – not just companies in our category)








What is our closest competitive alternative?

(plus key reasons why prospects choose to use the alternative)






How do our competitors think about solving the problems the category exists to solve?

(define how competitors approach and design propositions to solve customer problems. put them into categories of approaches)








How do our competitive alternatives fail to meet needs?

(what need deeply resonates with prospects, but is being underserved?)








What do we disagree with our competitors about?

(what is our contrarian competitive perspective?)







How do prospects currently perceive the category?

(what are the positive and negative perceptions?)








How do we want prospects to perceive the category?

(what do we want to change?)





What is our POV anchoring against?

(POVs can’t exist in a mental vacuum. what are we anchoring against to get noticed and understood? A company? A frustration? An insecurity?









What other stakeholders are there in this POV? Why?

(not  prospects – e.g. regulators, industry bodies)









Who influences our prospects?

What is their POV?







Who disagrees with our POV? Why?

(e.g. competitors, industry bodies, regulators, influencers, types of prospect)







What is the weakness in our POV that competitors will attack?

(is it a strategic weakness that gives us strength?) 










Who is not a good fit for us? i.e. ‘anti-prospect’

Why?

(list prospects with certain attributes)








Are there any adjacent trends or narratives which impact ours?

(e.g. the actions of BigTech, regulators, industry trends, tech breakthroughs, behavioral shifts)






How can we dramatise the POV?

(what is going on in the world that we can point at to support our POV?)









What is our POV as a headline?

(does it demand attention? does it cause tension with an existing way of doing things?)






Anything else?

(other elements unique to your category or circumstance)







That’s it for today. I’ll be back in your inbox soon. 🤘

Martin

Did someone forward you this email? Happens allll the time.

Subscribe to receive more content like this, occasionally. 👇