THE BREAKDOWN

When revenue slows down, most companies default to the same conclusion:

“We need more leads.”

So they:

  • Increase ad spend.

  • Push marketing harder.

  • Tell sales to “prospect more.”

And for a short time, it feels like progress.

More leads come in. Activity goes up.

But revenue doesn’t follow.

Because the real issue isn’t volume.

It’s alignment.

I’ve seen teams generate hundreds of leads a month, and still miss targets.

Not because the team was underperforming, but because they were targeting the wrong customers entirely.

Leads looked good on paper.

Wrong industry.
Wrong size.
Wrong problem.

And once those leads hit the pipeline, everything downstream suffered:

  • Lower conversion rates

  • Longer sales cycles

  • Frustrated reps

  • Blame between marketing and sales

That’s the hidden cost of bad targeting.

More leads don’t fix a broken system. They amplify it.

The Playbook: Fix Your Targeting in 3 Steps

If your pipeline feels full but underwhelming, start here:

1. Define Your Real ICP (Not the Generic One)

Most companies define their ICP too broadly:

  • “Mid-sized businesses”

  • “Companies in X industry”

That’s not useful.

Your real ICP should answer:

  • Who closes fastest?

  • Who has the shortest sales cycle?

  • Who actually sees results from your product/service?

If you can’t answer those clearly, you’re guessing.

2. Audit Your Last 20 Closed Deals

Patterns don’t lie.

Look at:

  • Industry.

  • Company size.

  • Entry point (who you sold to).

  • Problem they were trying to solve.

You’ll usually find:

60–70% of your revenue comes from a very specific slice of customers.

That’s your target.

3. Align Marketing + Sales Around That Target

This is where most teams break.

Marketing keeps generating “volume.”
Sales keeps rejecting “bad leads.”

Instead:

  • Tighten targeting criteria.

  • Adjust messaging to speak directly to that ICP.

  • Agree on what qualifies as a real opportunity.

Alignment here increases conversion everywhere else.

The Pipeline

  • Sales: Low close rates are usually a targeting issue, not a talent issue.

  • Ops: A full pipeline means nothing if it’s filled with the wrong deals.

  • Leadership: If marketing and sales define “good lead” differently, growth will stall.

The Operator Take

Most companies don’t have a lead problem.

They have a discipline problem.

It takes discipline to:

  • Say no to bad-fit customers.

  • Narrow your focus.

  • Turn down volume in favor of quality.

But that’s where real growth happens.

Anyone can generate more leads.

Very few build a system that consistently attracts the right ones.

Until next time,

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