Transcript
WEBVTT
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Are you trying to establish your brand
as a thought leader? Start a PODCAST,
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invite industry experts to be guests on
your show and watch your brand become
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the prime resource for decision makers in
your industry. Learn more at sweetphish Mediacom
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you're listening to bedb growth, a
daily podcast for B TOB leaders. We've
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interviewed names you've probably heard before,
like Gary Vander truck and Simon Senek,
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but you've probably never heard from the
majority of our guests. That's because the
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bulk of our interviews aren't with professional
speakers and authors. Most of our guests
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are in the trenches leading sales and
marketing teams. They're implementing strategy, they're
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experimenting with tactics, they're building the
fastest growing BB companies in the world.
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My name is James Carberry. I'm
the founder of sweet fish media, a
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podcast agency for BB brands, and
I'm also one of the CO hosts of
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this show. When we're not interviewing
sales and marketing leaders, you'll hear stories
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from behind the scenes of our own
business. Will share the ups and downs
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of our journey as we attempt to
take over the world. Just getting well,
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maybe let's get into the show.
Hi there, and welcome to the
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BDB growth show. I'm John Rougie
and I'm the founder of a marketing consultancy
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called flag and frontier. I host
our category creation series here on the show,
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where we interview marketing and business leaders
who are building in design new categories
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in their markets. Now, today's
episode I'm going to be joined by Anna
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Sheina and Cassidy Shield from a company
called Narrative Science. Now, Anna and
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cassidy and the rest of their team
are building a new category called data storytelling.
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Now, it's really cool about this
episode is that it's about an initiative
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that's happening right now. So Anna
and cassidy are right in the thick of
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things and if you want to hear
what it's like to be in the middle
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of the category design process, this
is the episode to listen to and our
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conversation. You'll hear US talk about
why this nearly ten year old company believe
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that now was the right time for
category design. You'll hear US talk about
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why it's so important to involve your
entire team in the process and you'll hear
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about why sharing your vision for a
new category has to be shared on both
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a logical and an emotional level.
That and, of course, Anna and
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cassidy are both thoughtful people who are
really fun to talk to. So that
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further ado, let's hear from Anna
and cassidy from narrative science. All right,
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welcome to today's episode of the BDB
Growth Show and our category creation series.
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Today is going to be a really
interesting episode because we are joined by
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a couple folks who are just beginning
the process of category creation. So today
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we have Anna Sheina and Cassidy Shield
from from a company called Narrative Science,
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who are going to walk us through
what they've been up to with the category
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creation process. So, Anna and
cassidy, welcome to the show. Thanks
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for being with us today. Thanks
for having US, John. Yeah,
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thank you. We're excited. Yeah, yeah, you bet well. Let's
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kick things off just by hearing a
little bit more about each of your backgrounds
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and a little bit more about narrative
science and what you guys do there.
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Sure. So, my name is
Annahina, the Director of growth marketing here
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a narrative science. Previously I did
product marketing here and at a few other
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tech companies in the past. Does
that work? That works, Org and
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you're about to get married, which
is super cool, and you're going.
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Yeah, I got to say that
too. About to get married this weekend.
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Really excited about that. So a
little window into the personal life as
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well as professional good deal. How
about you, Cassie? Yeah, so
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my name is cassie showed. I've
been a note of science for ten months.
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I run pretty much all facets,
a marketing as in most small companies.
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In addition to that, I also
run revenue operations, which brings US
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close to our sales team and our
customer success team. So thanks for having
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us, John, and we'll Miss
Anna for the next month of time.
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Yes, thanks for having us.
Yeah, of course. But cassie,
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that so your last name wrong.
I said shield, but I thought I
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heard you say shelled. No,
shield is right. Shield. Okay,
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just my accent, my southern Iowa
accent, your southern Ioas and all right,
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cool, all right. So,
just you know, for context for
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everyone listening, I was introduced to
Anna and cassidy because a mutual friend of
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ours, Logan, told me that
if you were headed down this process of
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category career and any thought that you'd
be a great guest to have on the
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show. To kind of share through
that process. So I'm curious to hear
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what what you guys on this road? What do you what are you looking
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for in terms of category creation and
basically, why are we here today?
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Yeah, so this story kind of
starts with us as a company. So
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narrative science was founded about nine years
ago and the founders at that time believe
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that the way we work, or
going to work and organizations is going to
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fundamentally change and that the notion of
empowering everybody with data to make better decisions
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we're going to be imperative, and
so, as a founder, set out
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to build a company around that.
There's a few kind of core principles and
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beliefs that we've felt, we held
at that time that we still hold today,
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and that is to empower everybody.
We actually believe language is the going
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to be the interface to all insight
and which means that, instead of US
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learning how to understand and communicate with
data, data would understand how to communicate
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with us on our terms, as
in words, as language or stories,
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and to do that that the machine
would need to do a lot of that
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work in order to make that happen
and that as humans going forward we're going
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to need to be able to interact
with our data. So that was kind
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of the theory that born out of
the company. Were at artificial intelligence.
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And you know, basically what we
do as a companies. We take data,
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we turned that into words and language
that people can understand, and we've
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been doing that successfully for the last
nine years. About eighteen months ago we
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started building our next generation product and
something called Lexio, and we realize what
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we're building, the problem we're solving, is a problem beyond just turning data
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into language. It was the problem
that we also saw on in order to
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power everybody, that we had machines
do the analysis too. And so what
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we set out in Lexio is is
really a system that analyzes the data for
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you and tells you what you need
to know. And as we did that,
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as we as we went down that
path and that journey, we realize,
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what do we call that, or
does it fit in kind of the
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lexicon of how we think about analytics
and business intelligence and data analysis? We
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didn't think it fit very well.
So we felt that, as we build
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something that didn't exist, that was
imperative for us to define the category around
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it, and that's kind of what
led us to where we are today.
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Sure, sure, so you had
a legacy product, and was that quill?
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That's correct. So quill is kind
of our workhorse today the market,
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and think of that as kind of
the first generation of something we call natural
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language generation, which is the technical
term for taking date and turning into language.
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We kind of pioneered that space for
the market leader in that space,
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the technology leader. But when we
look at kind of where we're going with
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Lexio, it's natural language generation,
but it's a whole lot more, and
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that's why we felt like that it
was time to define a new place for
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it. Sure, okay, so
this is something and you're looking at the
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product level, not necessarily the company, for the corporate brand levels at right.
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Yeah, well, kind of you
have borne out of the product.
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But as we took a step back
and we looked at just the company and
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kind of where we came from and
kind of where we're going, we think
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what we're doing around this definition of
this category of data storytelling fit's what we
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do across the entire portfolio and is
all in really is really why the company
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exists. So yes, we believe
Lexio is kind of the future of data
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storytelling, as we had to find
it the category. We also feel like
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where we started and what we've done
with quill fits into that category in its
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own way as well. Yeah,
one thing I'll add. When we decided
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to go down this road, part
of it was borne out of just looking
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at the product and our expanded capabilities, and then, as we will talk
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about later, actually started rolling this
out across the company, we actually realized
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how much it is tied to the
company and brand as well. So we'll
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talk about this later. But the
category is data storytelling and we look at
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that from a technology perspective, but
we're also a storytelling company from a people
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perspective. So as we started to
tie this category to everything we did,
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everything fell into place so well that
that made us more confident that we are
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going down the right path. So
you saw that some of the ideas you
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had looked at with this category design
process for Lex you you you recognize that
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they were aspects of the penny in
your culture that existed already. So you
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sound like you're in a very strong
position to not only support this category at
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at the product at level itself,
but also just through your team and the
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way you guys do business. Yeah, I think so. I really as
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we started rolling this out and started
using the same vernacular across the company,
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started taking look at all of these
activities all of these amazing people here were
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already doing, it was so easy
to tie it back to data storytelling,
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tie it back to the advantage of
that category and then really starting to evangelize
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storytelling from people as well. That, I think that's played a huge part
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in why the company is so bought
into what we're doing. It's the technology
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is amazing and innovative and new and
no one else is doing it, but
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also the way we conduct business here
is unusual. I mean it's really amazing
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to watch people here be empowered through
storytelling from systems and from people. So
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we've seen it embraced a lot more
quickly than I would have anticipated. Yeah,
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I would add to that that,
you know, maybe this is one
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of the lessons we've kind of taken
away of the process, and that is,
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as you go down this path of
defining a category and how you what
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you're going to call it and how
you're going to frame it, we really
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found that it's imperative that are,
the rest of the company bought into that
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and it was natural for them and
that they that are people, really saw
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themselves and what they do day to
day as the category we're creating. So
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it in of becoming as much of
canting a new category is that it was
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about the way we want to position
the company in the Vision we had,
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you know, for what we do
and for what our people do every day.
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So I think that as we go
forward and we say what do we
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learn from this process, that was
one of the the big takeaways and as
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we get into talking about how does
that roll out in the marketplace, our
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people are instrumental in making that happen. Yeah, yeah, I want to
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come back to that later because I've
got a couple questions on, you know,
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how you guys roll this out and
or not, maybe none nuts just
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rolled it out, but work with
other teams to kind of go through this
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process. But before we get there, the burning question I have is it's
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a question I ask almost every everyone
I talk to you about category design,
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which is like how did you come
across the concept? Because I asked,
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I talked to a lot of entrepreneurs, a lot of bbssess companies, and
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a lot of times, like it's
not even a term that is on their
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radar. They've never even heard of
it, let alone understanding how it works
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and how you go about it.
So tell me the story you've how this
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came on your radar. Well,
surprise. Start with, cast be on
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this wide. I came across it
because of Cassody and I was tell this
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story next for cassidy can go first. Okay, yeah, I mean I've
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always been a passionate believer and positioning. So back to ours and Jack Croud
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and and so forth and so on. So I've read a lot about this.
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This is something that obviously in past
marketing jobs it's critical for whether you're
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positioning a company or a product or
a division, to go through that process.
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And so know, as I was
coming in and narrative science, obviously
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this is on my mind. The
same time I'm also reading and learning from
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others. So I think I stumbled
across this by listening to Dave Gerhardt on
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a drift podcast. That led me
to the book play bigger of which I
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picked up and read over a weekend
and and said, listen, this is
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great, like somebody's actually put a
process in place for how to make this
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happen. It's to me very close
to how you would position a company and
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I brought into that and I gave
it the Ann and she'll tell you what
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happened from there. Yeah, so, so, like as he said,
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he's been here around ten months.
So he came in new boss. I
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was product marketer at the time and
he knew I like to read, like
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to learn. Basically subtly gave me
this book with very little explanation and I
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think was hoping that I'd come back
and say we have to do this.
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Did, and then that really started, at least our formal process of how
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we started to get buy in around
this process, started to think about how
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to roll it out across the company
and I don't know, kind of took
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off ever since that's where we're right
now. I like this the WORLS wise
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management experience on my part where I
challenged on my team a book and just
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let her figure out what we do
from there. Yeah, it was great
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process. He said. What's interesting
about this old recent jeck track books is
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that I think one of the twenty
two meetable laws is, you know,
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if you can't design a category,
you can be first and and create a
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new category. Sounds really good,
but then they didn't really provide a lot
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of context beyond that and if you
read that book when it came out,
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you almost had to wait a couple
decades until play bigger came out and there
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was actually a real playbook for how
you might go about that. So you
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guys mentioned you were the first kind
of seeds in the company to have this
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idea come up, but it sounds
like you've gone through a process of kind
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of getting the rest of your team
on board and I assume that this is
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something that you discussed with the leadership
team in the CEO and perhaps your board
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or maybe your investors. So how
did that come about? What was what
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were your next steps? After you
heard about the book, you read it,
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you're excited. Where did you go
from there? Yeah, certainly the
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place we were, we were at
and still are as a company. There's
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a lot of discussion about how we
position the company and new product going forward.
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So I think the mindset for change
was on the you know, within
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the entire executive leadership team. But
as we know, like these things need
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to start at the top and that's
really where we went from a socialization perspective.
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My person I work directly for as
the president of the company, and
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then we have our CEO. So
we really started with those two, socializing
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the concept. What is category creation? How do you do it? Why
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would we do it? So that's
really, as of most cases, where
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it started. We didn't walk in
and say hey, read this wonderful idea,
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we're going to create a category and
everybody said, you know, you
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guys are geniuses and as brilliant,
let's go do it. You know,
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it took work and patients and conversations
around the why and the how before we
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really kind of committed to kicking it
off, which I think would be the
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way it's going to work in any
company. Yeah, I would say my
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advice to listeners if you want to
do this, find a partner in it,
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like the the best part of this
is cassody is on the leadership team.
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I am not. So the way
we were able to do this is
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cassidy was able to bring it up
within internal discussions in a more casual way
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and then also set up meetings where
we laid it out very logically about what
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category design is, why you should
do it. Tied to think even things
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like financials. These companies, the
investment rounds, they get the market share,
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they get what that means for us, how we roll it out.
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Every piece really had to be thought
out and laid out, and so I'm
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in cassidy be part of the group
that makes the decision and me able to
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come in and present the plan.
Is someone separate. Created a powerful,
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tupon approach that helped people see both
like the emotional and logical reason for doing
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this, and then really everyone got
bought in really quickly and they really believe
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in this and they're really excited about
it, which is great. I think
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we're lucky with that to have pretty
innovative leaders here. And then we had
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to start rolling it off to the
rest of the company, which is a
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different challenge in itself. Sure,
I love how you mentioned Anna the but
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the logical and the emotional side of
things. It's so easy to focus on
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the logical but you know, as
marketers, we all know that people still
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tend to involve a lout of emotion
in buying decisions or just getting on board
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with things like changes within the company. So I think that's really cool that
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you recognize that and made that part
of the way you roll this out.
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What were some of the toughest questions
you got along the way as you were
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introducing this to other people? Well, I think there's a few. One
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was around our positioning in the past. So we, as Cassody said,
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we were previously known as a natural
anguige generation company. Technically we still are
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that technology. Where the leader in
that, but then how that plays into
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the broader data storytelling story? So
in the reality is our new product portfolio
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as it expands, natural anguish generation
is still a very important part of how
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data storytelling works. There's a lot
of other underlying pieces as well. And
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then the question is just around like
sounds cool, how do we do it?
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And I think that was really important
to have at least loosely map before
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even went to anybody, so they
had faith that we had a plan to
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make it come to life across our
company and then in the market as well.
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It's one thing for us to just
stand on a mountain and declare we're
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data storytelling. It's another to get
everybody here believing that for themselves and then
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other people in the market talking about
it and wanting it with in their company.
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Now, Dad, this is where
studying what how other companies have done
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this is helpful where it's helpful reading
something like play bigger, where at least
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there's a blueprint that when we outline
it it's just not Anna and cast these
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blueprint it's something that's been kind of
tested over time with other companies. Like
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one of the big things early on
was we know to make this successful,
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this isn't a marketing initiative, it's
an initiative of the company and needs to
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be led by the CEO and our
CEO, stewer, with great like leaning
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in and committing that this is the
path we're going to go down and since
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it's been one of our biggest evantagelists
on the topic of data storytelling, both
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inside the company out. So we're
fortunate to have that and that kind of
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set the tone with the rest of
the leadership in the in the company.
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But going down this path. Yeah, I'm so glad you said that,
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cassidy. You answered a question I
was preparing to ask you a little bit
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later on, which is whether you
consider category design a market of or marketing
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initiative or not. And I think
there's some misperception out there that it's like
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a brandy play or just something of
the marketing team needs to run. But
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really, if you don't have a
product that is developing something new that there's
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not an existing framework for, then
you'll been you can't really just arbitrarily designed
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a new category because it sounds cool
or interesting or companies have done it.
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You know you talked to about Lexia
earlier. Did if I miss this,
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for giving me, but did did
Lexeyo come first and then you recognize hey,
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this is something completely new, we
need to build a category in order
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for people to get what this is? Or did you say, Hey,
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we need to pursue this idea of
category creation. How can we evolve the
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product roadmap to support something that would
qualify as a new category? So definitely
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the former. So lexio was already
being built. It had really been conceptualized
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for the past decade. So the
people here, the engineers, the product
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team, have always been amazing innovators
within the language space. So turning data
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into stories, into language, and
having software to do that analysis and do
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that storytelling for you. So the
product existed and part of at least my
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light bulb in this area was when
we were deciding what to call this product,
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how to talk about it to people
outside of here, like how do
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you? How do you describe it? And at least I was having a
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really hard time describing it within the
context of current software categories. Probably could
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have, but it wouldn't have done
the product justice. It wouldn't have fully
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described what it does. So I
found myself coveatting any category I put it
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into. And so then when everything
happened later with cassidy seating, play bigger
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it really that's when the lifeball went
on for me that there's a reason it
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didn't work in any other categories because
it really is its own from a technology
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perspective. And then that let us
down this path. Sure, sure,
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so. Have you had conversations with
the people at, you know, Gtwo
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or Gartner, any of the formal
category, you know, because textonomy companies,
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to just, you know, discuss
what it would look like to have
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this as something that's in their in
their product structure? We have there are
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really two routes we've taken on this. One recently with Gtwo and then also
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with Gardner. So we spent a
lot of time in the past with Gardner
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and even within gardener they have the
concept of data storytelling and they've held us
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up as an example of that for
some time now and we use that as
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kind of one of the mechanisms and
evaluating kind of what this category could be.
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So we certainly had conversations with both
those like we're also pragmatic, but
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this is early on and that just
because we say that we think this is
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a new category, we need proof
and traction in the market in order for
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that to happen. So certainly we're
having these conversations and laying the groundwork,
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but we also know realistically that these
things take time. The other thing I
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would add to that, and maybe
this is a controversial statement, and that
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is I think those are important,
important kind of mechanisms for validating the category,
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but I also don't think they're the
the end state. And really what
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we've defined here is a belief and
kind of what we think the future is
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going to be, in a vision
and how to deliver on that, both
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technically with our people, and I
would say categories as much about kind of
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your belief in your position of what
you're doing, and the real factor is
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going to be how customers and future
customers react to that. Right. So
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when we explain this to existing customers
and we start seeing them use this vernacular
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and how they describe what they're doing
within their company, or we see the
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showing up and requirements documents, or
we go explain it to future customers and
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they told it. They just get
it and they see the see the light
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bulb go on. That's when we
really know we're on the something and that's
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what's most important to us. So
I think the more we do that in
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the more success we see there,
the G two's and the gardeners will follow.
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Yeah, yeah, I'm glad that
you said that. It's like you
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need to come up with a narrative
that that works for you and describes where
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you're headed, and that reality exists, whether or not someone else, you
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know, puts puts a name for
data storytelling in their official taxonomy. That
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that happens, that's great and that
can kind of legitimize what you're doing,
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but it doesn't change the fact that
you need to create a unique narrative and
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what you would define as a new
category around that. Have you had a
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chance to maybe you're not far enough
along yet, but have you had a
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chance to share this new category,
to do narrative, with some of your
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existing customers or some potential customers?
And if so, what's been the word
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reaction? And so far we have. We have so both with our existing
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customers of narrative science over the past
ten years and also with our current customers
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on our new product, lexio.
So especially with the customers of the new
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product, that is always how they've
known this product and it resonates really,
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really strongly for a few reasons.
I think when you talk to these customers
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why they bought this new product,
why they're excited, a lot of it
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comes back to just getting time back
and knowledge back to be better at their
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job. So when they look at
data, storytelling the advantage to them of
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having the analysis done for them and
explain to them and then the impact that
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has on the jobs they have to
do, whether that be we have people
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from marketing and sales operations using it, we have sales leadership using it,
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we have sea level executives using it, and they all deeply resonate with stories
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being told to them about what's going
on in the business so they can get
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back to their day job and spending
more time on strategy or on people or
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on, I don't know, process
improvement, wherever they choose to spend time
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when their skills are best used.
That's where they're seeing the advantage of the
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product and I think the concept of
storytelling and data storytelling really is so human
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that people identify with it really strongly. What's great about it even in our
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existing customer base for Quill is our
customer success in sales team, they just
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started adopting this, this phrasing,
this definition from the start because I think
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it really for them. It felt
like this is this really describes what narrative
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science has been about, what we're
trying to do in the solutions we provide
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today, as well as solutions we're
going to provide in the future with Lexio.
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And we just had this perfect example
where I will name the company,
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but it was a very large company
and they had their own user events and
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the companies on stage talking about data
storytelling, and when you hear that from
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the field, you know puts a
smile on your face because you can feel
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the momentum picking up that people really
resonate with, as Anna put it very
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well, what this gives them within
their company, within their teams. Yeah,
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that's great. It's great. Have
you had to sounds like you got
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the category name pretty much lockdown early
on. Have you had to iterate on
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underlying narrative, underlying message to support
that or like? Has that process go
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on? Well, so we did
debate a few names at first. So
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that was a process here that was
actually interesting and fun. So this is
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very early, probably I don't know, nine months ago, something like that.
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So part of that logic process that
we talked about. So after we
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got buying on this notion of category
design at all, the very next meeting
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where we lay out the logic was
around so what do we call it?
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And so we had a few different
options, explain pros and cons of each,
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but when it came down to it, data storytelling is what the company
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has done for a decade and what
we're going to continue to do. So
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we actually have a guy on our
team who's worked here for the full nine
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years. It's been on a bunch
of different teams here, and he basically
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said, listen, I love it
because it is it is the explanation of
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what we do. Everything we do
here can tie back to that, and
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I think that made it easy and
made it sticky, which is awesome.
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If I've learned anything in sitting in
marketing, the stickiness of what you're trying
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to do within people, with people
at the company is usually an indication if
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it's a good idea or not.
If it sticks means your least around the
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right path and if you're having a
hard time getting it, getting people to
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talk to what you want or getting
people to use a name that you've chosen,
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maybe it might be time to go
back to the drawing board. So
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once it we put it out to
the company and we had a pretty specific
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way of doing that that I think
resonated really well. It really took off,
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which is great. That would I
would say to your second the second
389
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part of your question on just the
underlying narrative. Yeah, I mean to
390
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be to be honest, we continue
to tweak that. This wasn't something where
391
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we just name the category data storytelling
and the narrative of that, of the
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journey of data storytelling, was something
we just had a week later. We
393
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spent a lot of time, a
lot of iterations. We studied however companies
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explain kind of their narrative around the
category they created. We looked at like
395
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a ask in and kind of his
framework. Adopted that and there's many iterations,
396
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but a lot of these iterations happen
with the same kind of core leadership.
397
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That was that agreed that this is
the path forward. So we continue
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to do that. We feel like
we've locked it in a lot better than
399
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we had the best but this,
again, is another process where I think
400
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it's important lesson learn that the narrative
doesn't happen overnight. It is something that
401
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needs to be worked at, tested
internally externally, you know, in tweaked
402
00:28:26.569 --> 00:28:30.519
and modified as you go. Yeah, yeah, it's interesting, Cassie,
403
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so you mentioned this word like it
doesn't happen overnight. I forgot to ask
404
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you. When did you first come
across play bigger? When did you first
405
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Tand it to Anna? How many
months ago was that? And I guess
406
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what I'm really getting at is like, how long have you gone through this
407
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category design process? I'm looking at
Anna prinder. It was a pretty pretty
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00:28:49.630 --> 00:28:53.630
quick when he joined, so I'd
say January. Yeah, like nine months
409
00:28:53.630 --> 00:28:59.980
ago probably. So I think we've
made really good progress internally here. I
410
00:29:00.140 --> 00:29:04.140
think we're the very start of the
journey. On the market we're starting to
411
00:29:04.259 --> 00:29:08.059
see traction. We have a long
way to go. So depends on how
412
00:29:08.099 --> 00:29:11.809
you look at it. In some
ways it's moving quickly. In some ways
413
00:29:11.849 --> 00:29:15.289
it is a process, but we're
seeing progress all the time, which is
414
00:29:15.450 --> 00:29:18.930
great. Now, did you so
in play bigger heat? They talked about
415
00:29:19.049 --> 00:29:23.049
this idea of a lightning strike as
one ways to bring this message at to
416
00:29:23.089 --> 00:29:29.079
market. Is that something you have
done your planning to do, or did
417
00:29:29.119 --> 00:29:33.559
you have look at things from a
different approach? So certainly something we've looked
418
00:29:33.599 --> 00:29:37.200
at. I mean I think the
book does a really good job of outlining
419
00:29:37.319 --> 00:29:41.910
this. So I think we definitely
debated here how we do that. We're
420
00:29:41.950 --> 00:29:48.109
still in the process of it.
We have a few big events, big
421
00:29:48.309 --> 00:29:52.099
things are putting out that we're testing
a few different options for our lightning strike
422
00:29:52.220 --> 00:29:56.339
and are I think it's called like
the wheel or something afterwards. So we
423
00:29:56.420 --> 00:30:00.980
a few things lined up to really
build them into each other that were really
424
00:30:02.019 --> 00:30:03.859
excited about. I don't know if
you want to go into any of those
425
00:30:03.859 --> 00:30:07.210
kinds. Yeah, so this is
something we, as Anna said, we
426
00:30:07.289 --> 00:30:11.809
talked quite a bit about and I
think when you kind of too there's there's
427
00:30:11.849 --> 00:30:15.890
two ends of the spectrum when you
think about creating a category. One is
428
00:30:15.609 --> 00:30:21.559
you're in an existing market and your
product maybe, for a lack of better
429
00:30:21.599 --> 00:30:26.920
word, commoditized or there's many people
like you and you've read to find a
430
00:30:26.000 --> 00:30:30.359
category around something bigger and broader.
It's a great example of what drift is
431
00:30:30.440 --> 00:30:34.319
done. Then you're on the other
end of the spectrum where there's a the
432
00:30:34.440 --> 00:30:40.829
category and creating and the product or
the capability to deliver on that category doesn't
433
00:30:40.829 --> 00:30:44.829
exist, and that's where we are. So one of the things that we've
434
00:30:45.029 --> 00:30:49.940
we've been conscious of balancing is the
notion of building out a category but also
435
00:30:49.980 --> 00:30:55.700
being able to support the vision in
that category in some way in the product.
436
00:30:56.299 --> 00:30:59.740
And so that what I'm getting at
is that doesn't mean there's like a
437
00:30:59.859 --> 00:31:04.930
one big lightning strike. For us, a series of strikes to build momentum
438
00:31:04.970 --> 00:31:11.130
over time, because we want to
bring the category along with kind of the
439
00:31:11.210 --> 00:31:14.569
ability to deliver on that in some
way, if that makes any sense.
440
00:31:14.609 --> 00:31:18.289
Yeah, so you're saying you want
to sell the dream, people excited about
441
00:31:18.289 --> 00:31:21.279
the vision, but you also want
to make sure that the product you're delivering
442
00:31:21.319 --> 00:31:26.039
right that you're building behind that can
actually deliver on that vision or at least
443
00:31:26.279 --> 00:31:29.240
indicate kind of how far you are
or how close you are to that vision.
444
00:31:29.839 --> 00:31:33.990
So you're not getting too far ahead
of yourselves exactly. We want to
445
00:31:33.029 --> 00:31:37.589
be conscious about the spread between the
vision and the reality and we want to
446
00:31:37.630 --> 00:31:41.029
kind of manage that those expectations carefully. Yeah, I think one of the
447
00:31:41.029 --> 00:31:45.549
biggest for us, and really anyone
that's trying to create a category or on
448
00:31:45.630 --> 00:31:51.420
a technology innovation, not just really
like a repositioning at the company level,
449
00:31:52.180 --> 00:31:56.740
is balancing provocativeness with education. So
we want to be provocative, we want
450
00:31:56.779 --> 00:32:00.299
people to look in notice but,
as Cassi said, it's something that's really
451
00:32:00.339 --> 00:32:05.210
never been done. So part of
what we have to do is educate people
452
00:32:05.410 --> 00:32:08.849
on the fact that this is even
possible, which inherently in itself is not
453
00:32:09.009 --> 00:32:15.160
super provocative. So we have to
tie educational efforts on our end with provocative
454
00:32:15.240 --> 00:32:20.720
ones and kind of create this balance
over time of being sure we do both
455
00:32:20.759 --> 00:32:24.599
of these things to the right people
so they understand the problem or solving and
456
00:32:24.759 --> 00:32:29.680
this future we see, and then
also understand what the technology can actually do
457
00:32:29.799 --> 00:32:31.910
for them, which has been a
hard balance for us. Yeah, yeah,
458
00:32:31.950 --> 00:32:37.150
I've seen so. You mentioned drift
a couple times. Cassidy and in
459
00:32:37.190 --> 00:32:40.190
terminus is another example of this,
but both of those are companies that have,
460
00:32:40.549 --> 00:32:45.460
of course, they've painted the vision, sold the Durrenem around, you
461
00:32:45.500 --> 00:32:50.140
know, conversational marketing and a can't
base marketing respectively. But then they've gone
462
00:32:50.380 --> 00:32:53.700
a little bit further and written actual
books about more of the tactical side of
463
00:32:53.779 --> 00:32:58.569
what that category means, how those
products work. And so to me that's
464
00:32:58.569 --> 00:33:02.289
seems like one approach for you kind
of talk about the vision when you know
465
00:33:02.369 --> 00:33:06.529
in your keynote speeches and your kind
of top of the phone content, but
466
00:33:06.569 --> 00:33:08.970
then when you're getting into showing people
how this is a real thing, not
467
00:33:09.089 --> 00:33:15.440
just a nice idea, that that
sounds interesting. There's this very like practical
468
00:33:15.519 --> 00:33:21.240
resource behind that. Have you guys
looked into doing maybe a book, but
469
00:33:21.279 --> 00:33:24.559
maybe something else just along the lines
of like kind of practical education around what
470
00:33:24.680 --> 00:33:30.349
what dare did is store telling actually
means we have? Yes, I'll start
471
00:33:30.430 --> 00:33:35.029
this and I'll let Anna jump in. We've looked at both and and it's
472
00:33:35.029 --> 00:33:37.910
not a matter of if, it's
a matter of when. We would do
473
00:33:37.069 --> 00:33:42.380
something like that, but instead of
starting with the practical, we've we started
474
00:33:42.420 --> 00:33:45.740
with what we believe the impact is. So we are working on a book
475
00:33:45.140 --> 00:33:50.099
and is one of the Co authors, and what we're really explaining in that
476
00:33:50.220 --> 00:33:54.299
book is what storytelling means the humans
and companies and how to empower your people.
477
00:33:54.380 --> 00:33:57.130
So I let her say a little
bit more about that. But we
478
00:33:57.170 --> 00:34:00.329
felt like it's important for us to
describe what we think the end state would
479
00:34:00.369 --> 00:34:04.130
look like versus the how you get
there. But go ahead, Anna.
480
00:34:04.529 --> 00:34:06.730
Yeah, I mean, first of
all, thanks to the question. For
481
00:34:07.049 --> 00:34:09.159
the listeners out there, this is
not seated, but this is great timing
482
00:34:09.280 --> 00:34:15.280
for us because actually in the very, very last pieces of a book we're
483
00:34:15.360 --> 00:34:20.519
working on and then we were thinking
about iterating on the next one. So
484
00:34:21.039 --> 00:34:24.590
our next book will be very close
to what you said, so outlining all
485
00:34:24.710 --> 00:34:30.789
things data storytelling within a technology perspective. But I actually got together with Nate
486
00:34:30.869 --> 00:34:37.389
Nichols here a narrative science. He's
a very long title, but basically he
487
00:34:37.829 --> 00:34:44.179
is the head of all artificial intelligence
here in narrative science. He's also basically
488
00:34:44.260 --> 00:34:47.500
our chief storyteller, so he trains
all people here and how to tell great
489
00:34:47.539 --> 00:34:52.050
stories. Then also is responsible for
artificial intelligence within our systems, which is
490
00:34:52.130 --> 00:34:59.210
actually pretty unique skill cross. So
he and I talked a lot and we
491
00:34:59.769 --> 00:35:05.409
basically decided what we're most passionate about
is how to bring storytelling back into business,
492
00:35:05.489 --> 00:35:09.320
both from people and from technology.
So the book we have coming out,
493
00:35:09.519 --> 00:35:15.119
hopefully ready for reading and the next
month or so, is around that.
494
00:35:15.480 --> 00:35:19.199
So it's really for anybody that wants
to get back to the humanity of
495
00:35:19.280 --> 00:35:23.150
business through storytelling. So whether that
be learning to tell better stories or how
496
00:35:23.190 --> 00:35:28.309
to bring storytelling into business, or
how do you stary telling technology to get
497
00:35:28.309 --> 00:35:31.030
back to do what you do best. So great spot for a little plug
498
00:35:31.110 --> 00:35:35.900
for up. We're pumped about it. But this the piece you were talking
499
00:35:35.900 --> 00:35:39.659
about. We're on education of data. Storytelling from a technology perspective will be
500
00:35:39.780 --> 00:35:43.940
probably like an early two thousand and
twenty effort for us. All right,
501
00:35:44.179 --> 00:35:47.019
good deal. And yes, I
did not put any sees out there that
502
00:35:47.059 --> 00:35:49.900
I was going to ask you about
that. In fact, I was a
503
00:35:49.900 --> 00:35:52.369
little worried, as I was acting
asking you some of these questions, if
504
00:35:52.409 --> 00:35:55.010
I was going to, you know, ask you to divulge top secret stuff
505
00:35:55.090 --> 00:35:59.769
you weren't ready to talk about yet. So I'm glad that you're so far
506
00:35:59.809 --> 00:36:02.530
ahead of all this and and someone's
willing to share. So as you guys
507
00:36:02.570 --> 00:36:07.039
go into end of two thousand and
nineteen, two thousand and twenty as you
508
00:36:07.199 --> 00:36:09.239
and you continue to evangelize this category. How do you how do you measure
509
00:36:09.239 --> 00:36:13.639
success? How do you know if
you're doing the right things? Sure,
510
00:36:14.000 --> 00:36:16.119
so this is something we talked about
a lot here, narrative science as well.
511
00:36:16.840 --> 00:36:20.630
So, just like anything else,
I think there's the logical and the
512
00:36:20.710 --> 00:36:24.590
emotional answer. So we take a
look at all the traditional metrics, things
513
00:36:24.670 --> 00:36:30.190
like, I don't know, growth
within web traffic, obviously customers, mentions
514
00:36:30.269 --> 00:36:36.699
from companies like partner reviews, Mgto, but then also something we're trying to
515
00:36:36.699 --> 00:36:39.539
figure out how to measure on the
monetary or I'm sorry, in the Maracle
516
00:36:39.619 --> 00:36:44.579
Way, is just that that feeling
of traction. So we talked about it
517
00:36:44.619 --> 00:36:46.610
a lot. When when you see
it, start to catch it something you
518
00:36:46.730 --> 00:36:50.329
just know. You can see it
in people those eyes, you can see
519
00:36:50.329 --> 00:36:52.849
it in the way they respond to
you and see it in the way they
520
00:36:52.889 --> 00:36:55.809
talk about the company. So we
really keep a close eye on both of
521
00:36:55.889 --> 00:37:01.280
those things and that's easy to do
today as we're relatively small company. A
522
00:37:01.400 --> 00:37:05.719
lot of the people here are very
involved with our clients, very involved with
523
00:37:05.800 --> 00:37:07.760
our prospects. That will be a
challenge for us as we do grow,
524
00:37:07.960 --> 00:37:14.119
to keep that the eye on both
the hard numbers but also the humanity of
525
00:37:14.239 --> 00:37:17.630
things. Are People? Are People
still identifying with who we are? Are
526
00:37:17.670 --> 00:37:22.550
they seeing themselves and what we do? So that something will be exploring in
527
00:37:22.670 --> 00:37:24.909
early two thousand and twenty is as
we scale, how do we make sure
528
00:37:24.909 --> 00:37:30.699
to keep that human element in tracking? That about the category design, traction,
529
00:37:30.820 --> 00:37:32.980
but also it's who we stand for
us a company. We want to
530
00:37:34.059 --> 00:37:37.619
make sure that we keep that in
mind even as we grow. And again
531
00:37:37.659 --> 00:37:40.019
I put that well. I'll just
add and one of things we keep a
532
00:37:40.059 --> 00:37:44.650
close eye on, as we talked
earlier, is just how do our customers
533
00:37:44.690 --> 00:37:50.289
and future customers talk about this and
in really rolled out lovers this across their
534
00:37:50.369 --> 00:37:53.289
company? Mean, ultimately, the
goal is to empower everyone, and so
535
00:37:54.250 --> 00:38:00.519
part of both the emotional and the
quantitative side of this is is that happening
536
00:38:00.960 --> 00:38:06.960
and are we seeing our technology help
our customers kind of delivered data storytelling,
537
00:38:07.039 --> 00:38:09.840
the more people within their company in
the other fact of that, and I
538
00:38:09.960 --> 00:38:15.710
like what you said in a too
about the whether people's eyes were lighting up
539
00:38:15.989 --> 00:38:20.670
as you talked to it might the
guy you talked about a moment ago,
540
00:38:20.670 --> 00:38:24.829
who is who's been with the company
since the founding, like nine years ago,
541
00:38:25.389 --> 00:38:30.019
and it seems like if you can
get someone like that, who's probably
542
00:38:30.139 --> 00:38:32.860
can very much intune with where the
company has been, if you can get
543
00:38:32.900 --> 00:38:37.099
them excited about this new idea,
this new concept, new phrasing, it's
544
00:38:37.139 --> 00:38:40.139
hard to quantify that, but you
can see that kind of emotional response like
545
00:38:40.179 --> 00:38:43.650
it sounds like he felt really good
about it. It was very supportive of
546
00:38:43.730 --> 00:38:46.889
that and that's a great early indicated
that you're on the right track. Yes,
547
00:38:47.050 --> 00:38:51.889
definitely cool. All right, well, we're almost at a time,
548
00:38:51.929 --> 00:38:54.329
but I want to ask you guys
one final question before we go. If
549
00:38:54.369 --> 00:38:58.000
you could go back, I guess
it would be nine months ago when you
550
00:38:58.199 --> 00:39:01.519
first started the process. Is there
anything that you would do differently if you
551
00:39:01.639 --> 00:39:07.239
had to do it all over again? I think many heads up on that
552
00:39:07.320 --> 00:39:10.510
one and so I question and on, you know, just thinking about it.
553
00:39:12.190 --> 00:39:15.110
I think my honest answer is no, I don't think I would do
554
00:39:15.309 --> 00:39:20.269
anything differently. I think one of
the biggest things for me, once we
555
00:39:20.469 --> 00:39:27.099
did obviously get our leadership team on
board and excited, is involving the company
556
00:39:27.260 --> 00:39:30.539
really early and consistently. I think
that took more effort on our part,
557
00:39:30.619 --> 00:39:35.699
but it's not something I would change
because dated a storytelling coming to life.
558
00:39:35.860 --> 00:39:39.090
is every single person here, everything
one of our customers. That's something are
559
00:39:39.090 --> 00:39:44.889
really passionate about. So I think
overall I wouldn't I wouldn't change much.
560
00:39:45.289 --> 00:39:49.849
It's been a crazy ride but it's
been really fun and I think it's just
561
00:39:49.969 --> 00:39:52.920
going to get crazier and more fun. So excited for us to come.
562
00:39:53.599 --> 00:39:57.679
I would would add one thing.
That's not what we would change, but
563
00:39:57.800 --> 00:40:01.960
maybe advice going forward. And I
feel like the process we went through is
564
00:40:02.000 --> 00:40:07.429
immensely valuable for any company, regardless
of you're creating a category or not.
565
00:40:07.710 --> 00:40:12.190
So you know, we came out
of this process and I feel like we've
566
00:40:12.230 --> 00:40:15.429
already won because we've really defined kind
of a vision, in your star,
567
00:40:16.110 --> 00:40:20.590
of where of our company truly and
where we want to go, and we
568
00:40:20.710 --> 00:40:25.019
have everybody in the company kind of
rallied behind that in participating, and every
569
00:40:25.059 --> 00:40:29.460
company needs that, whether you're creating
a category or not, and we didn't
570
00:40:29.460 --> 00:40:34.739
set out with that being the mission, but that was definitely as a side
571
00:40:34.780 --> 00:40:37.050
outcome of that. So I don't
think this is much about yes, there's
572
00:40:37.050 --> 00:40:40.610
a question of our creating a new
category, you're not, but the process
573
00:40:40.690 --> 00:40:44.650
we went through, I think,
is something every company should go through to
574
00:40:44.730 --> 00:40:47.289
make sure that they've crystal clear about
why they exist and where they're going and
575
00:40:49.010 --> 00:40:52.400
in the impact are people have on
that journey? Yeah, yeah, that's
576
00:40:52.440 --> 00:40:54.360
really insightful. If you you right, if, even if you're not creating
577
00:40:54.519 --> 00:40:59.519
a new category, if you're pursuing
a different positioning strategy, if you're you're
578
00:40:59.519 --> 00:41:02.320
not clear on why you exist and
where you're headed and how you want to
579
00:41:02.519 --> 00:41:06.630
just standing out, what kind of
are sure you want to claim self?
580
00:41:06.710 --> 00:41:09.190
It's very hard to do well and
it's hard to get people excited about,
581
00:41:09.510 --> 00:41:13.230
you know, coming to work and
getting at their best. So I'm glad
582
00:41:13.269 --> 00:41:17.110
that you can ended our conversation today
with with that reminder. Any other advice
583
00:41:17.309 --> 00:41:23.340
or thoughts you want to leave our
listeners with? I think my biggest takeaway
584
00:41:23.460 --> 00:41:29.099
from category design, in this process
we've gone through, is really just to
585
00:41:29.139 --> 00:41:32.010
keep an open mind and and go
all in. So I think when you
586
00:41:32.130 --> 00:41:36.730
think about this, two things.
I mean leave ego at the door.
587
00:41:36.969 --> 00:41:39.250
I mean anything you've done before should
be on the table to change. And
588
00:41:39.369 --> 00:41:44.250
then also, I really think category
design is kind of the epitome of like
589
00:41:44.369 --> 00:41:47.159
go big or go home, and
business like. It's really time to jump
590
00:41:47.199 --> 00:41:51.400
all in. You have to be
passionate about what you're doing, passionate about
591
00:41:51.400 --> 00:41:53.639
why you come to work and passionate
about why you think other people should be
592
00:41:53.639 --> 00:41:59.119
excited about it too. If you're
not, it's going to come across really
593
00:41:59.119 --> 00:42:02.030
quickly and you want to see traction, because if you don't believe in it,
594
00:42:02.230 --> 00:42:07.829
other people won't either. So I
think just really commit and get excited
595
00:42:07.030 --> 00:42:09.750
and take the leap. I think
it's been worth it for us so far
596
00:42:10.429 --> 00:42:15.739
and I would go through this process
for any other company. I think everyone
597
00:42:15.820 --> 00:42:19.340
should, and I don't know what
Cassidy said, no matter where you are,
598
00:42:20.179 --> 00:42:24.420
try it. Ask yourself this question
and really commit. Would I would
599
00:42:24.420 --> 00:42:27.780
add one more words that? So
again, a sum that up great and
600
00:42:27.860 --> 00:42:31.690
that is strived to be uncomfortable.
Yes, definitely. If you if you
601
00:42:31.849 --> 00:42:36.849
this is an uncomfortable process and you're
you're pushing your company and your leadership and
602
00:42:36.969 --> 00:42:39.969
yourself and you feel uncomfortable, then
chances are you doing something right. HMM,
603
00:42:40.530 --> 00:42:44.010
strapped to be uncomfortable. Love with
that. Think it's a great,
604
00:42:44.599 --> 00:42:47.519
great place to leave our conversation with
maybe about to do another interview, you
605
00:42:47.639 --> 00:42:52.280
know, later on after you guys
have dominated and really evangelized this category out
606
00:42:52.320 --> 00:42:55.440
there. But I learned so much
from both of you today. Anna and
607
00:42:55.559 --> 00:42:59.789
cassidy. Really appreciate you being on
the show and sharing your time and all
608
00:42:59.829 --> 00:43:02.150
your wisdom with us. Thanks again. Thank you, John. This is
609
00:43:02.230 --> 00:43:05.510
great. Yeah, our pleasure.
Thank you, John, for the time.
610
00:43:05.909 --> 00:43:08.510
All right, take care. Okay. Well, that reps up this
611
00:43:08.670 --> 00:43:13.579
episode of the Category Creation Series.
Now, if you're in a process of
612
00:43:13.699 --> 00:43:17.260
building a new category yourself or if
you're just looking into it as a potential
613
00:43:17.380 --> 00:43:21.699
positioning strategy for your own company,
I really do hope that you found this
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00:43:21.820 --> 00:43:24.820
episode helpful. If you do have
questions, though, about category creation,
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00:43:24.860 --> 00:43:29.289
or if you just want to recommend
a guest, you can reach me at
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00:43:29.570 --> 00:43:36.489
John at flag in frontiercom. That's
John at flag in frontiercom or, of
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00:43:36.570 --> 00:43:38.809
course, you can look for me
on Linkedin. Thanks for listening and I'll
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00:43:38.809 --> 00:43:45.039
see you next time. We totally
get it. We publish a ton of
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00:43:45.320 --> 00:43:49.280
content on this podcast and it can
be a lot to keep up with.
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00:43:49.800 --> 00:43:52.960
That's why we've started the B tob
growth big three, a no fluff email
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that boils down our three biggest takeaways
from an entire week of episodes. Sign
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00:43:58.829 --> 00:44:05.909
up today at Sweet Phish Mediacom Big
Three. That sweet fish Mediacom Big Three