Becoming Core: From Nice-to-Have to Must-Have

Master the art of becoming indispensable to your customers

Category: The Start | Module: SU000.6

Becoming Core aka Must-Have, Accretive Value

Whether in periods of growth or uncertainty, your startup's survival depends on being indispensable to customers. This isn't about being useful—it's about being essential. Understanding your 'coreness' ensures you're building resilient solutions that can weather market shifts.

The journey to becoming core involves three critical elements: being a must-have solution that solves undeniable pain, delivering accretive value that compounds over time, and building deep dependencies that make you difficult to replace. This combination transforms you from a nice-to-have option into critical infrastructure.

Founder's Impact-Certainty Matrix Workbook

Why Founders Should Care

  • Survival in Downturns: Core solutions are last to be cut when budgets tighten
  • Sales Velocity: Essential solutions face less resistance in the sales cycle
  • Customer Retention: Deep dependencies lead to higher renewal rates and expanded usage
  • Valuation Impact: Companies with high 'coreness' typically command higher valuations
  • Competitive Defense: Being core creates natural moats against competitors
  • Growth Potential: Core position enables expansion into adjacent problems and use cases

Common Mistakes to Avoid

  • Staying Nice-to-Have: Failing to transition from useful to essential
  • Shallow Integration: Not building deep enough dependencies across customer operations
  • Single-Thread Relationships: Relying on one champion or department
  • Invisible Value: Not making your impact measurable and visible to decision-makers
  • Weak Moats: Failing to create significant switching costs or barriers to replacement
  • Missing Dependencies: Not identifying opportunities to become more deeply embedded

Action Steps for Founders

  1. Assess your current position on the Core Matrix using the provided framework
  2. Map your dependencies across customer organizations
  3. Calculate your SOL Score for key accounts
  4. Identify opportunities for deeper technical and workflow integration
  5. Build multi-threaded relationships across customer departments
  6. Create visibility into your solution's impact through metrics and reporting
  7. Develop a roadmap for transitioning from entrance to core status

Key Terms

Core

A state where your solution is deeply integrated into customer operations, delivers measurable value, and would be significantly disruptive to remove.

Accretive Value

Value that compounds over time through increased usage, deeper integration, or expanded capabilities.

SOL Score

Steps to being 'Sh*t Out of Luck' - a measure of how many steps it would take to fully replace your solution.

Multi-Threading

The practice of embedding your solution across multiple departments, workflows, and processes within a customer organization.

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Develop the mental resilience and adaptability crucial for startup success.

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SU002.4: Building Your Founding Team

Learn strategies for assembling a complementary and effective founding team.