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One playbook. One quick win. One Growth Partner insight. One podcast highlight — your complete system for winning more Soft FM contracts.
🎧 This Week’s Growth Lab Podcast
Episode: Bonus Tips to Build your ICP (7:24mins) 👇🏾
In today’s email:
How to Build an Ideal Client Profile
Fix Your To Do List on < 10mins
Growth Partner Insight
How to Build an Ideal Client Profile
95% of Soft FM companies don’t have an ideal client profile.
I know because I ask every owner I meet. The answer is almost always no.
They chase contracts without focus. Whether you run cleaning, waste, grounds maintenance, or multi-service FM—you compete on price because you haven’t defined who you serve best.
The cost: wasted proposals, endless sales cycles, crushed margins, and teams serving clients who don’t value you.
When I joined LITTA’s commercial team, we had the same problem. We won clients, but our pipeline was chaos. We couldn’t predict revenue or scale outbound.
So we built our ICP from scratch using client data.
Result: we identified construction companies, property services, and housing associations as core markets. That ICP became our foundation—why we predict pipeline and revenue quarters ahead.
This framework works whether you sell waste collections, cleaning, or maintenance services. The process is the same. Only the specifics change.
To grow beyond seven figures, you need an ICP. Not a vague idea of “property managers.” A detailed profile that tells you who to target, what to say, and how to win.
Here’s how to build one—even with zero clients.
What Is an Ideal Client Profile?
An ICP is a detailed picture of your perfect client. It defines company attributes:
Industry sector (housing, construction, property services, offices, retail, healthcare)
Annual revenue and headcount
Location and footprint
Facilities budget and contract value
Key decision-maker roles
Pain points and goals
Buying process and sales cycle
This isn’t a customer avatar. An ICP identifies companies you serve best. Once you have it, add buyer personas—the people inside those companies.
A sharp ICP focuses your marketing, sales, and delivery. Stop chasing dead-end prospects and position as a specialist, not a price-based generalist.
Without an ICP, you market to everyone—which means you market to no one.
The 4-Step Process
I’ve used this at LITTA and with Growth Lab clients. It works whether you have 100+ clients or zero.
Step 1: Identify Your Top 20
Review your client list. Use 80/20 to find your Top 20—the 20% generating 80% of revenue.
Look at:
Annual recurring revenue (ARR)
Monthly recurring revenue (MRR)
Average order value (AOV)
Gross margin
Lifetime value (LTV)
Payment period
Pick 2–3 most relevant. For LITTA: ARR, AOV, monthly bookings.
For cleaning: contract value, payment terms, service frequency.
No clients yet? Skip to Step 3 and use market research. Refine as you win contracts.
Step 2: Run a Category Analysis
Go deeper. Review your Top 20 and find patterns:
What sectors? (Housing, construction, offices, retail, healthcare)
Headcount? (50–500, 500+)
Revenue? (£5M–£50M, £50M+)
Location? (London, Midlands, North West)
Decision-makers? (Heads of Estates, Ops Directors, FMs, Contract Managers)
Average contract value?
Sales cycle? (30, 90, 180 days)
Order frequency and volume?
We found 70% of our Top 20 were interior fit-out firms. Average client value: £48K annually. Sales cycle: 60 days.
For cleaning, you might find 60% are offices (20K–50K sq ft) with £100K+ budgets and 30-day payment terms.
These patterns build your ICP.
Step 3: Collect Client Feedback
Your best clients hold the most valuable data. Survey or interview to learn:
Who makes buying decisions?
What’s your facilities budget?
How do you find suppliers? (Google, tenders, referrals)
Why did you choose us?
What three qualities matter most?
I built a 14-question survey for LITTA’s Top 20. Response rate: 42%. The insights—around timelines, budget, perceived value—transformed how we position.
Starting out? Interview prospects. Attend industry events. Join LinkedIn groups. Ask questions. Listen more than you talk.
Step 4: Compile Your ICP
Pull everything into one document:
Industry sector
Revenue range
Headcount range
Location
Facilities budget
Average contract value
Sales cycle
Decision-maker roles
Pain points (inconsistent service, lack of transparency, poor compliance, high turnover)
Value proposition
Strategic goals (cost reduction, ESG, operational efficiency)
This becomes your North Star. Every piece of content, every outbound campaign, every proposal—flows from this profile.
Where Most Soft FM Companies Get This Wrong
Three mistakes:
Too broad. “Any facility manager in the UK” isn’t an ICP. Housing associations with 500+ units in Greater Manchester is an ICP.
No real client input. Build your ICP on data, not guesswork. Survey clients. Interview decision-makers.
Create and ignore. Your ICP drives every decision—who you target, what you say, how you price, which tenders you chase.
What Happens When You Get This Right
Everything changes:
You stop chasing every RFP. You focus on contracts that fit—higher margins, better clients, shorter cycles.
Your marketing becomes targeted. You create content that speaks to housing associations, construction firms, or office managers.
Your sales becomes repeatable. You know who to target, what to say, how to position. You forecast pipeline with confidence.
You position as a category of one. You’re a specialist who understands your client’s needs better than anyone.
That’s the power of a well-defined ICP.
This is a Free/Core Issue. The 1-page summary + 14 question survey template are included with The Growth Lab Pro.
Pro subscribers also get bonus issues, monthly deep dives, and phase recap vaults with templates and scripts you won’t find anywhere else.
👉🏾 Upgrade to The Growth Lab Pro
Your To-Do List Is Infinite. Your Day Isn’t. Here’s the Fix.
Your to-do list is lying to you.
The problem isn’t your work ethic. It’s the tool.
To-do lists are infinite. Your day isn’t. That mismatch costs you 8+ hours weekly in missed deadlines, context switching, and mental overhead.
Fix it in 10 minutes:
Step 1: The Reality Check (3 minutes)
Open your to-do list. Pick your top 5 tasks for tomorrow. Estimate how long each takes. Add them up.
Over 8 hours? Cut until you’re not.
Step 2: Calendar Blocking (5 minutes)
Move those 5 tasks into your calendar with realistic time blocks:
“Send outbound emails” becomes “Tuesday 9–10am: Send 12 emails to construction prospects”
“Update CRM” becomes “Tuesday 10–10:30am: Log 3 client calls”
“Research housing targets” becomes “Tuesday 2–3pm: Build list of 20 housing associations in Midlands”
Step 3: Build Slack (2 minutes)
Block 30–50% of tomorrow as “Buffer Time.” Urgent client calls, proposal rewrites, and fires go here.
No buffer = everything breaks when one meeting runs long.
What This Solves:
You stop lying to yourself about capacity. You hit deadlines instead of rescheduling them. You protect the important.
Try it tomorrow. Block 3 tasks. Notice the difference.
Growth Partner Insight
The 16% vs 30% Problem: Why Adding Services Can Kill Profitability
I sat in on a commercial team meeting last week about expanding a new service offering.
The numbers told a brutal story: Core services deliver 30–35% gross margin. The new service delivers 16–21%. Worse, clients were already switching to competitors who offered it—which meant the business had to respond or risk losing accounts.
Here’s the tension: The market is sizeable (£1bn+ annually) and the business is doing £420K per year with almost zero effort. But if they aggressively roll it out to existing clients, they risk cannibalising their 30–35% margin core service with a 16–21% margin offering.
This is the principle most businesses miss: Not all revenue growth is profitable growth.
If 20% of your clients switch from a 35% margin service to a 16% margin service, your total gross profit drops—while you work harder to deliver more.
Before you expand into any adjacent service, ask three questions:
What’s the margin versus your core business?
Will existing clients switch from high-margin to low-margin services?
Can you segment properly to prevent cannibalisation?
Revenue growth without margin discipline isn’t growth. It’s just working harder for less profit.
That’s it for today — short, sharp, actionable.
Here’s to smarter sales 🏗️
— Matt
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