βWhat's up! It's me, shaan.
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Ever since starting the rolling fund, Iβve heard about 150 startup pitches in 2 months.
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One thing stood out - most people suck at explaining what they do.
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These are smart people. Hard working. Building interesting projects, night and day.
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Yet they canβt explain their business in 30 seconds in a way that is:
- Clear
- Interesting.
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I call this painting a picture while tickling the brain.
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Most people struggle to explain what their company does in simple terms.
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We hosted a sunday workshop yesterday and in one hour, you could make your pitch twice as good.
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So that you feel confident your message lands, everytime.
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^ that little format there, thatβs the type of thing I taught at this weekendβs workshop. It was a blast. We had about 100 people show up on a sunday afternoon to sharpen up their skills.
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We covered two types of stories:
- An informational story (a simple framework to pitch your business)
- A personal story (how to be a charming mother effer and tell great stories)
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βHere's a link to watch the 75-min workshop and a TLDW summary below:
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Informational Stories:
Informational stories are all about getting your point across in the simplest way, while tickling the brain with some emotions and feelings.
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We used the Storybrand method for explaining your business in simple terms:
- Most people have this problem
- We offer a simple solution
- So that you get a this happy ending
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Participants could jump in, pitch their business, and then we would workshop it live together.
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βFor example: Menajem, an all access pass member was first up.
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BEFORE:
We re-locate manufacturing operations from china to mexico. So many benefits - Mexico can do it better and cheaper than china.
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^ not bad, the audience rated it a 5.5 out of 10. This is about average.
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βAFTER:
Most brands are having manufacturing problems in China right now due to the Coronavirus.
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We, at GetAyuda, find you a factory in Mexico who can match the quality and cost of China.
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So you can stay focused on selling, while weβre working 24/7 to find you a backup supplier in Mexico.
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Another brave volunteer, Anuj:
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BEFORE:
βSophya provides virtual spaces to become the future of work. Because weβre all losing our sense of community and connectedness. So anyone, wherever you work, can get together and re-discover the way we used to work.
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^ lots of jargon. Virtual spaces? Future of work? Rediscover the way we used to work? Huh? Not clear.
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AFTER: β
Most remote workers miss bumping into their coworkers every day in the snack room or hallways.
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We create a virtual office, where you can walk around and bump into your coworkers casually, almost like a video game.
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So that people can have fun talking to their coworkers again, not just scheduled zoom meetings.
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^Not perfect, but much better than jargonpalooza he had 5 minutes earlier.
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If you wanna get better, I recommend trying out the storybrand 1-liner exercise.
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We also covered how to take that one liner, and expand it, so youβre ready to go into as much depth as the listener is ready for. I call it having the tweet version, blog version, book version, podcast version etc.. of your story, ready at your fingertips.
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A few things for you to do now:
If you wanna continue leveling up, here are some of my favorite resources and things from earlier in the AAP:
- Watch this Storybrand videoβ
- Read Storyworthy β
- Read Pixarβs 22 rules of storytellingβ
- βWatch the workshopβ
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until next week,
shaan