
“You just need to find a niche.”
This advice is everywhere. And in my experience often winds up leaving a professional in pursuit of sustainable growth more frustrated than focused.
It isn’t that the advice is wrong. It’s just incomplete. A niche provides you with a label. But when it comes to being strategic, labels are typically too broad to be helpful.
A target is something else entirely.
What a niche gets you…
When most people talk about “niching down,” they’re really choosing a category, and maybe a demographic within that category. An example might be the choice of an industry, and narrowing based on company size.
These are useful as starting points, and certainly better than the “anyone who needs what I do” approach to business development. Sort of. They offer a general idea where to look; but even if you happen to find a real prospect, you’re most likely not equipped to make connection.
Connection happens when a prospect has seen or heard enough to believe you have a clue about the particular challenges they face, and that they need to hear more from you. They need to see or hear something that differentiates you from your competitors.
Compared to what a Target gets you.
First, let’s establish what a Target is.
It isn’t an industry, a company or even a niche within an industry. Before you object, I’ll say again — any of these is better than not having any direction for your efforts. And chances are, the easiest way to begin with strategic Target identification will be to look at your contacts within an industry you serve. But if you’re serious about Targeting, you need to go deeper.
“Deeper” means that sooner or later you have to get to something more than a label. You need to get to the name of a person. A person is critical to engagement. A person will ultimately make the decision to hire you.
Once you know the name of the individual calling the shots, the homework begins. Your assignment: uncover what it will take to capture attention and create a connection.
What is likely to drive the critical decisions they will make in the next few weeks or months? What are the top two issues impacting the relevant industry? What existential issue is pressing in? And what is important to your target at a personal level? What do they care about deeply?
The secret to connecting with a Target is embedded in this kind of market intelligence. It is far from a cookie cutter. But this approach changes everything.
It lets you know where to show up, what to write about, which conversations to pursue, and even how you should introduce yourself.
It changes what your referral sources say about you. Instead of “you should talk to Sarah, she works with CFOs,” it becomes “you should talk to Sarah — she’s worked with three companies in your situation and knows exactly what you’re walking into.”
The second one sticks. The first one gets added to a list and filed away.
The objection
“If I get that specific, I’m going to miss opportunities.”
When I visit with professionals about this kind of focus, the first reaction is usually some version of the idea above.
I get it. I used to fear missing that one opportunity that could make a year, or more. It’s a reasonable fear. And it’s almost always misplaced.
Here’s what happens when you begin to focus on the strategic identification of Targets.
- Your marketing and visibility becomes a conversation rather than a broadcast.
- The people who match your target profile recognize themselves in the story you tell, and begin to lean in.
- The people who don’t fit self-select out.
- You save time and energy.
- And your ROI improves.
You don’t lose opportunities. You stop investing energy on the wrong ones.
Plus, when you work consistently with a specific type of client, your expertise deepens in ways that make your work more valuable. And chances are, more enjoyable.
So, Targeting doesn’t limit your practice. Over time it elevates it.
Where to start
You don’t need a research budget or a consultant to define your target. You need a couple of hours and access to your own history.
There are multiple ways to break this list down. Here’s my favorite.
- Pull up your client list from the last three years.
- Sort them into three columns — energizing, draining and neutral.
- Look for patterns in the first column. What do those clients have in common; not just in terms of industry or size, but in terms of the situation they were in when they came to you?
- What was at stake for them?
- What made the work feel meaningful?
This gives you the beginnings of an Ideal Client Profile. You’ll hone it as you move forward; but this defines who you want to connect with and gives you a jumpstart on what your marketing should look like.
In other words, you have a solid direction for your business development efforts. Happy hunting









