Storytelling for early-stage entrepreneurs : 4 pointers on 'How to Tell Your Story'
Rohit Lodhi
Brand + GTM Advisory | ABM-in-Action l CSR+ESG Immersion I Investor | Learner | Speaker I Impact Storyteller
Each person has a story. Your uniqueness is derived from your story, which contains the specifics of your existence. It doesn't matter if you're new to the company or entrepreneurship—you can still share your experience. One of the most crucial things you can do as a young firm is to create a compelling narrative. It gives prospective partners, clients, and investors insight into why they should trust you with their money or support and illustrates who you are as a brand and what distinguishes your business from others in your industry. After all, mastering the art of storytelling is crucial if you want to experience growth.
You must develop your storytelling skills if you want to succeed as an entrepreneur. Based on my 15+ years of engagements and conversations with early-stage entrepreneurs sharing my four points on 'The How' :
1.????DEFINE THE TONE AND VOICE OF YOUR BRAND
Your brand may have a logo or a tagline, but you must go deeper to discover what truly distinguishes it from the competition. What do you offer in terms of value? What issue do you address? What distinguishes your good or service? What motivation drives your brand? How does your company's image seem to others? These inquiries are intended to help you become more aware of the intricacies of your firm. They'll assist you in identifying the brand's main attributes, enabling you to develop a more engaging narrative.
2.????ESTABLISH AUTHENTIC PERSONA-DRIVEN CONSISTENCY
You need to have a consistent persona if you want to share your entrepreneurial tale engagingly. This character, which may be thought of as the face of your business, is how the general public perceives your company. Your persona should remain the same throughout all of your marketing initiatives. It's crucial to uphold the consistent persona you've created for your brand. You must, however, take care not to stagnate or become unwilling to expand your company's narrative. To allow for evaluation and adaptation, pay attention to evolving markets, consumer needs, and brand development.
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3.????CREATE A GROUP OF RELIABLE ADVISORS
Nobody is capable of knowing everything. You should thus seek out professionals in a variety of sectors who can advise you and provide you with insight. By showing your audience that you are knowledgeable in your field and open to getting advice from others, you will be able to gain their trust. Additionally, it shows that you're not on your business's journey alone and that others have committed their time and efforts to make it successful. You must first identify the areas in which you need help and then make a plan to contact those who are already successful in those sectors, offering to trade your marketing efforts for theirs to locate the proper consultants. But be careful not to make too many promises that you can't keep. Be sure to be open and honest with these people about the type of relationship you hope to have with them. You could want to contact a lawyer to look over one of your contracts or a CPA to look over your business strategy, for instance. Even while they might want to assist you, you probably shouldn't ask them to assist you with your social media marketing.
4.????COMMIT TO DEVELOPING YOUR CONTEXTUAL VISIBILITY
What information about your company do you want your audience to know? What impression do you want your brand to have on your customers? What setting do you wish to give your business? To develop your context visibility, you must provide answers to each of these questions. The information you decide to share with your audience and clients makes up your context visibility. Before you can properly communicate your tale, you must comprehend the background of your organization because it forms the basis of your narrative. Your mission statement, vision, and goals should all be mentioned. Don't forget to add your background and the tale of how your product or service came to be. A list of your clients or customers and any honors or recognitions you've received should also be included. By including these characteristics, you may personalize your brand. By doing this, you'll make it possible for your audience to relate to you on a more intimate level.
Your company's past is embodied in your story. It is how you explain your company's mission, services, and objectives to prospective clients. It also enables potential partners and investors to comprehend why they should have faith in you. Every entrepreneur has a tale to tell. Your story is special and the finest approach to explaining the history of your business. An effective marketing plan uses excellent storytelling. When you know how to tell a narrative well, you can grow your audience and make your brand more visible.
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Great advice here, Rohit!