Above the Code - TechStars Cloud - San Antonio - March 6, 2013

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ABOVE THE CODE Story Telling / Branded Content TechStars Cloud - San Antonio - March 6, 2013

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Transcript of Above the Code - TechStars Cloud - San Antonio - March 6, 2013

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ABOVE THE CODEStory Telling / Branded Content

TechStars Cloud - San Antonio - March 6, 2013

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TODAY...

•Presentation online @ www.alanweinkrantz.com

•Sharing principles, methods, approaches... each company is different

•Practical tips, hints and actionable steps you can take

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INTRO...

•Who’s in the room?

•Startups: Status / Funding / Distribution / Partnerships

•Companies: Technology / Product / Markets

•Media coverage? Impact?

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I’M HERE....

•To help you....

• think about the importance and role of branded content and story telling...

• share your startup or company’s story

•connect in a whole new way that a few years ago was left to the marketing department or an external ad agency or PR firm

•discover and build the editorial fabric of your startup as Demo Day approaches

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ABOUT

•30 years - yup, I am an old school PR guy.... and believe in the real power of PR

•San Antonio & Tel Aviv

• Involved with Israel’s traditional tech sector for the last 18 years

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LAST TWO YEARS

• Speaking / Writing ... Observing / Watching

• Geekdom - San Antonio

• TechLoft - Tel Aviv

• TechStars Cloud - San Antonio

• MexicanVC (500 Startups) - Mexico City

• Microsoft Azure - Tel Aviv

• The Leaders Palestine - Ramallah

• Google - Tel Aviv

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GOOD NEWS :)

•Very low cost / no cost to create a start-up

•Big Idea

•Core team

•Strong will

•Servers / hosting

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BAD NEWS :(

•Someone in New York, Madrid, San Francisco, Singapore, Tel Aviv, Mumbai is thinking the same thing as you are :(

•Hard to have a defensible position

•Hard to protect your IP

•Getting traction is tough

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QUALITIES THEN...

•Strong Intellectual Property

•Defensible technology

•Strategic investors like Intel, AT&T, Cisco, Motorola

•Traditionally, VC funded

•30 engineers / CEO / VP Marketing / VP Biz Dev

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QUALITIES NOW

•No Intellectual property

•Nothing really defensible

•Strategic investors & partners - Friends, Family, Angels, TechStars, 500 Startups, etc.

•Up until recently....No funding, or angel, micro, friends & family funding

•Easy to run a virtual company... no real address, presence from a co-working space and an IP phone number

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THE WORLD AS WE KNEW IT

•Hardware

•Software

•Telecom

•Security

•Bio Sciences

•Medical Devices

Go to SchoolInternships

Go to College / UniversitySummer JobGo to Work

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THE WORLD AS WE KNOW IT

•Consumer Web

•Mobile

•SaaS

•Subscription

•eCommerce

•Marketplace

High SchoolStartupGap YearStartup

College / University - or not...Startup

AcceleratorStartupWork

StartupQuit Day Job

Startup

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The rise of the startup economy is global

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The rise of the multinational startup

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THE MIND OF A CODER...

•Focus on...

• functionality

•application

•utilitarian value

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50 years

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Every startup is a rock and roll band

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The Four Coders

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Coders & Story Tellers

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Music is the original code

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Great songs have....

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Great narratives

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Great voice

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Great stories

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Great tone

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Music is in all of us

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Everything is getting coded

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“The Internet of things...”needs stories...

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We learn to “write”

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WE WRITE FOR...

•Marketing

•Business

•Technical

•Legal

•Medical

•Social

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... but we never learn the art of story telling, or how to write in simple language to explain what we are doing and what we feel

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What you say, how you speak and what you communicate are

the new lyrics of theonline world

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The experience your deliver on the platforms we now interface and engage with, are enabling

billions of people on the planet to create the new melodies of a

socially connected world

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WRITE FOR STORY TELLING

•Why is what you are working on important?

•How are you improving lives?

•How are you helping people hack their own lives?

•What are you seeing in the way people are taking responsibility for their own health

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LOOK WHAT YOU DID!

•Solved a problem

•Figured out a way to connect two or more things and do something special with it

•Codified a process, expertise, method or a discovery

•Delivering of new type of experience on the devices & platforms we are using today - and in the future

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GUIDES TO WRITING

•Write like you speak...record yourself and transcribe what you say

•Pretend you are speaking to an audience.... write in front of a mirror (seriously...)

•Think of how you felt when you were read stories as a child

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WHY THIS MATTERS TODAY...

•Story telling, having a voice, and the on-going narrative is a reflection of your startup / company’s heart and soul

• It becomes the body of work that helps you recruit talent, attract investors, customers, build partnerships, and be discovered by the media

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THE MEDIA IS YOUR FIRST

MARKETto share and tell your story

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you

bloggers

analysts

media

the consumer

The Media is Your Customer....

enterprise... institutions..

&

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WHAT I BELIEVE

•Branded content & story telling is what’s next

• It’s harder and harder to “get coverage” because of the volume of noise

•Every company is a media company

•Your startup is a rock band... you’re in the studio figuring out something new

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WHAT I BELIEVE

•Story is a defensible business strategy

•Narrative is the supporting infrastructure for your brand

•Tone is the voice of your brand

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WHAT I BELIEVE

•12 Fundamental Belief Sets

•Not everything I do always works

• I do this for me... I do this for clients.

•There’s always exceptions to the rules

•Discussion is based on a combination of experience and principles

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WHAT I SEE...

•Great ideas

•Cool technology

•Understanding the role of UI / UX

•Little, or no thinking through the role of the written word, language, tone, voice and “speaking through” the devices we are using in our daily lives

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From >

Code

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To > Above The

Code

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Alan’s 12 Fundamental Belief Sets

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#1 - STOP PITCHING

•Start story telling

•Your pitch helps clarify / define what you do, but really sucks as a way to get coverage

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#2 - YOU’RE REALLY A MEDIA COMPANY THAT....

•Creates and makes media so you’ll be discovered, found and shared

•YouTube

•Twitter

•Facebook

•Blog

•Pinterest

• Instagram

•SoundCloud

•Google Plus

•LinkedIn

•UStream

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#3 UNDERSTAND THE DIFFERENCES BETWEEN BEING...

•Discovered - random

•Found - search

being discovered and being found increases your chances

of sharing

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#4 IT’S NOT ABOUT YOU

•How do you help others do something in a compelling way you could not do before

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#5 BE HUMAN

•Get off your perch and write like you would speak

•Converse with your potential market wherever they are

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#6 LIKE MINDED PEOPLE TEND TO FIND EACH OTHER

•Give them a place to connect and share their story

•Consider aligning with other startups like yours to create a multinational startup

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#7 HAVE A MISSION

•We’re out to make __________ better

•We want to help _____ do _______

•We want to help others the opportunity to ________

•We’re connecting _______ with ______ so they can ________

•We make it easier to ____________

•Have your voice be heard about _________

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#8 THINK LIKE A SOCIAL DEMOGRAPHER

•The potential to collect “Big Data” means you have something of incredible value to a potential partner, investor, or brand

•Gives you a better chance of a lift when an exit may present itself

•Big data lends itself to infographics, which contributes to your thought leadership and a great way to get media coverage

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technology platform

spark - what if?

story...

BIG DATA

real value narrative to engagement

Lift towards an exit...(c) Alan Weinkrantz

“some funding.”..

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#9 PUT IT OUT THERE

•You never know who is going to find your content and engage

• You don’t have to have high quality production values to do this

• Hardware is cheap. Tools are free. Tons of creatives to help you.

• Put your brand in play

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#10 DRAW, PAINT, PHOTOGRAPH, ROCK OUT

•Do something or learn to do something creative other than working on your startup

• It will re-wire your brain in an unexpected way

my drums circa 1968

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#11 IT’S NOT ALWAYS REPLICABLE

• Just because one strategy or tactic worked for one company does not mean it will work for another

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#12 GET LUCKY

•Go wide

•Get lucky

•Run with it when you strike a chord

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HACK YOUR OWN COMMUNICATIONS

•Think of yourself as a reporter & story teller

•Much of this you can do yourself

•Leave digital bread crumbs

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PLAN....

•Post and write relevant content so you can be a source to media on your field of expertise

•Develop & publish infographics you can share

•Follow a wish list of 20 journalists you think should cover you

•Read and comment on relevant articles without being self promotional.

•Ask end user / beta customers if you can refer to them to media

•Follow editorial calendars

•Create your own editorial calender

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F1

F2

F3

F4

Role. Tone. Voice.

CEO: Serious. Thought Leader.

CTO: Technical. Knowledge. What’s Next.

Biz Dev: Forward. Opportunity. Open.

Lead Dev: Innovator. Code. Team.

“F” = founder

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March April May

F1

F2

F3

F4

90 Day Editorial Calendar Planner2x topics per month from each - 24 posts per quarter

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NOW....

•Make a wish list of where you belong

•business / tech / bloggers

•media appropriate to your space

•analysts / influencers appropriate to your space

• track competitors or companies in your periphery on news.google.com to see who covers and writes about them

• track competitors on Angel.co

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PLAN FOR PR

• If you follow some of these basic principles, you’ll be further ahead.

•This process takes at least six months to one year to really get on a journalist’s radar and be sticky - sometimes you can get lucky

•Get everyone on your team to make this part of their regimen as it will make them aware of the opportunities that await you when you are ready.

•Bring up PR in your team meetings in a “what if...” scenario.

Be Ready For PR So You Can Succeed

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RECOMMENDED READING

•Why Branded Content is Beating Editorial http://www.digiday.com/brands/why-branded-content-is-beating-editorial/

•The Pressures of Content Creation http://www.scottmonty.com/2012/11/the-pressures-of-content-creation.html

•Brands Will Become Media http://darmano.typepad.com/logic_emotion/2012/11/brand_media.html

•The Internet of Things http://www.mckinseyquarterly.com/The_Internet_of_Things_2538

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www.angel.co

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Text

www.twtrland.com

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www.listorious.com

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www.helpareporter.com

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As you approach Demo Day... reach out to me and I will give you an hour in helping you in thinking this through specific

to your startup.

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Rise...

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please share:)

ABOVE THE CODE™

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[email protected]

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© Alan Weinkrantz And Company 2012 Above The Code ™

all photos - except slides 18 & 21 - (c) Alan Weinkrantz 2013