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HEXA tips : When doing your competition mapping try to make a Product & GTM assessment of your competitors : What are their top 3 features ? What are their top 3 GTM channels ? The top 10 keywords used ? It will help you in your positioning, you need to do your own comprehension of the space.

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Headline’s tip for founders :

  1. Visualize Your Market Position: Use an X and Y axis to represent key business characteristics. Your company should ideally be in the top-right quadrant, helping investors visualize positioning and product vision.
  2. Explain Your Path to Leadership: For every competitor in the matrix, clearly explain why you will become the leader in your category and why they won’t. </aside>

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Common mistakes :

  1. Don’t Limit Your Market Vision: Competition can come from adjacent markets serving the same ICP or even service-based companies.
  2. Master Your Competitors' Equity Story: Too many founders overlook the equity story of competitors, which often reveals market dynamics and investor sentiment. </aside>

Competition