Transcript
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Conversations from the front lines of marketing. This is B two B growth.
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Welcome back to BTB growth. I'm
Dan Sanchez with sweet fish media and I'm
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here with Klim Oh, who is
the CO founder of service cycle. Gleim,
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welcome to the show. Thanks,
N I appreciate being here with you
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because I guess I could say welcome
back to the show. This is actually
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a second time we've had you on
in the last couple of months. Klim
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is somebody that I see often on
Linkedin and he first popped up in a
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huge linkedin post that I had with
a huge, like just a massive amount
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of comments. We were all arguing
and talking about what the heck demand generation
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is, because I was frustrated because
after reading about it, I still wasn't
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any closer to understanding what the heck
it actually was, because it sounded like
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marketing. It sounded like everybody had
different definitions, and he stepped in this
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awesome graphic that brought a lot of
clarity to it. Now we ended up
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doing a show with them on that, with Leslie Cruz, who did a
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deep dive on bdob growth just a
few months ago, and I know you
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were one of those episodes and that
was great. It was just super helpful.
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But recently he popped up again in
my news feed with another, in
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my opinion, like a game changing
concept, and I was like, I
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think James Tagged me in. It
was like Dan, you have to look
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at this, and I'm like yes, welcome back to the show because I
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wanted to talk about it. And
the concept that this is is called the
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brand evolution Flywheel, right, and
it incorporates three major parts of Narrative,
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category and community. It just so
happened to be three things that are like
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the hot topic and B Two B
marketing right now, because everybody's talking about
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strategic narrative, category design and building
authentic communities, and the way he pulled
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it together into this concentric circle where
one plays into the other was a very
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fascinating concept. Now it's when you
look at the effeck and off the link
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to it in the show notes that
will describe it in more detail as we
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go because we're going to talk about
the three major sections of it. It's
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you have to kind of stare at
it and it it requires thoughts. Like
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you know, it's not as clear
as the last graphic I saw where it's
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kind of like concentric circles of like
a B M in the middle and then
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demanding and then brand on the outside. Like that was really simple. You
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understood it immediately. This one,
like, actually takes some steady but still
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brings a lot of clarity to what
I think there's are three major topics that
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B two b community is talking about
but is grappling with how to put them
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all together. So, to kick
it off, can you tell me a
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little bit about like where did this
brand evolution fly wheel come from? Like
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where did the Aha moment come to
you? Yeah, you know, to
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be honest, it's a process.
It's been a process of, you know,
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listening to experts in each of these
individual areas. You know, you've
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got your Andy Raskins for strategic narratives, you've got your Christopher lockheads for category
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design, you've got your song ground
as rays for community building. You know,
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I'm watching all these people, listening
to them, but I'm coming at
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it from more of a macro,
you know, go to market type of
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look all the time, and and
from the sustainable growth perspective of go to
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market. So, Um, you
know that that bigger GTM vision that I
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always have, combined with me seeing
the value, uh that that all these
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people are are bringing, allowed me
to start connecting the dots and see how
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these categories are phases play out over
your g t m cycle. Right,
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so you'll be you'll you'll start out
much more heavy on the narrative, even
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though technically you're doing all three of
these things simultaneously all the time. It's
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not like one to three, but
it is like waiting. Right, you're
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waiting whichever phase matches your GTM position. Right. So what phase do you
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think people start with the most when
it comes to narrative? Why? In
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this circle, he has it as
narrative on top, which kind of flows
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into category, which kind of flows
into community and then flows back into narrative.
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Which one is the starting point,
since it's a circle? So look,
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you can frame this model in many
ways. You could choose your own
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starting point. In a sense,
there's no problem with you know, you
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may might have been building good relationships
in the sense of community before you figured
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out your narrative totally, and that's
what kind of revealed your narrative to you
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in the first place. They're also
connected that there isn't really a starting point,
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but I could evolve first on purpose, because it is like there is
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a prioritization, because you can't really
build community effectively and efficiently and and make
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it happen at the scale that's required
without a truly evolved narrative. It's like
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the first requirement of every in order
to have something that's worth unifying around,
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right. I mean you can't launch
out the gate thinking you have it all
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together. It always is an evolution. It's always a thing that has to
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be figured out over time, totally, totally, and I think that you
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know what we're what I'm what I'm
trying to suggest here is that the purpose
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of all of this is to create
unity around something, massive unity around something.
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That's what the purpose of narrative is, and category it's not, in
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my opinion, it's not to be
number one. You end up leading the
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category. That's just a byproduct.
But if you think you're number one,
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you may fall into the trap and
you may end around one cycle and you
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may not reinvent yourself because you think
you're number one, and so you don't
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learn from the community, you don't
build community at a level that reveals the
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next narrative evolution. Right. So
I'm very wary of even calling myself number
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one. I get nervous about that. I'm like weld, no, hold
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on, hold, on, hold, on hold on the market will decide
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if I remember one or not.
I don't have to say that for myself
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right. But my goal is to
always evolved that narrative and then create unity
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around it. That makes sense.
So it could start with community, could
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start with narrative. I'd be hard
pressed to say it starts with category,
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because usually category has to start with
a narrative of some kind. If you
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don't have a narrative, you probably
don't have a category. Even as I
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think back to sweet fish media,
in the narrative we've been telling, it
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probably actually started in community because James
is just so relational. You know so
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many people. Has Been Collaborating with
lots of people and then out of that
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the narrative around BTB podcasting has been
forming, which has kind of created a
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category around B two B podcasting over
the years, and now it's it's I
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can see it swinging back into community. is where even now trying to figure
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out how to create a stronger community
than there already is. So around and
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round it's been, but let's start
at like narrative, because I feel like
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a lot of things probably could start
there. Oftentimes people start companies because they're
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like, I'm scratching my own Itch, I had a problem, which is
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the beginning of a narrative. Right. Um, I know that's how you
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got started. Now, sweet fish
got started as James. James wanted a
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way to meet more people and he
discovered that podcasting was a great way to
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get conversations with lots of people on
top of making great content, and that's
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how he started the way he does. B twob podcasting. So when you
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look at narrative, how does it
start with that, and what can companies
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look at? Two kind of kick
start this process? Yeah, so,
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you know, I I do.
I do come from the stance of solving
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your own problems first. You know, I believe that personal frustration, personal
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struggle, it is the raw material
through which great raatives are built. So,
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you know, I I think that
we do. I think we do
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too much of trying to kind of
right narratives for other people a little bit,
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when I think that you have a
better probability of success if you can
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solve your own problem and involve that
narrative for yourself. Most of the successful
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companies that I've seen, or people
actually don't not even companies, just people.
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Right. They solve they have a
period of frustration, there's some sort
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of problem and over time they figure
out a new, better way because there
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is no alternative, like the problem
is so irritating to them that they are
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like destined to bring that new approach. So I think that, you know,
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a lot of people will jump into
the old world, new world.
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Old Game, new game, which
is perfect. I'm a hundred percent on
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board. This is how you finalize
it into a deck, right. But
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that all that came from, you
know, the garden of frustration. If
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it doesn't, you risk you risk
potentially confusing see Um, if you're guessing
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a little bit too much. There
is something powerful about the founder's story.
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Probably one of the most powerful narratives
you can have is that narrative. I
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realized not everybody starts with that narrative
though. You might have bought the company,
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you might have inherited the company,
you might have risen up the ranks
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and it wasn't your story. But
now that you're the CEO of the company,
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right, there's there's many reasons why
it might not be your thing,
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or you just started a spotted a
market opportunity, you were familiar enough with
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the field and you capitalized on it, even though it wasn't your problem,
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Um, to begin with. So
it's not always you don't always have the
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luxury of having that, though.
If you do, man, that's such
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a that's such a strategic advantage that
you have over others in the market to
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be able because you have, you
have the feel yourself. It's not like
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you need to go talk to your
customers, though you still need to talk
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to then, but you don't have
to do it quite as much to have
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an intuitive feeling whether something rings true
or not, Um with the product and
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with the marketing and messaging. So
there's something about that. It is really
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strong. But what would you say
for everybody else? I mean, do
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you try to be an old game
new game? Yeah, so, so
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that's the ideal. I'm painting the
ideal for you. There the other way
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it can work. So it's not
like, uh, you know, an
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ultimatum or anything. If you are
in that situation where you know you just
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you took over the CEO role and
now you're running, running the business,
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and you know the division is with
you. I would hire somebody. I
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would hire somebody. Either either you
are that customer in a sense, or
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you need somebody who does this right, Andy Raskin, or there's many others
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right, but but that's the first
name that comes to my mind. So
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I do think that either you have
that personal experience, that frustration, and
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you solve the problem for yourself,
so you are that, you are one
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of the segments of customer in a
sense, or that's not the case and
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you need to collaborate to have a
higher level of capability to be able to
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find it exactly. so that's how
we discover the narrative. How does that
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bleed over into the category? Yeah, okay, so here. Here's the
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thing is, I believe that the
narrative will tell you what the category is
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if you do, if you flush
it out, well, the word will
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surface. Once the narrative is clear
enough, the word becomes obvious, or
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the two words, whatever the category
is called. So I think that what
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you start to notice as you get
through these you know, old game,
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new game, old world, new
world, old behavior, new behavior,
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old results, new results. Right, if you flush all those out,
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all of a sudden the words that
you used to describe those things, the
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category comes out at you because you're
describing the essence of old and new in
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such a precise way that it's almost
begging for this word. All Right,
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I think the problem is when people
start brainstorming like category names a little bit
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too much instead of just focusing on
the narrative and letting that be letting that
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be revealed, letting it reveal itself. To a great extent, I think
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the category has to be greatly organic. I never sat down and was like
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sustainable growth, you know, and
brainstormed a whole bunch of other names for
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categories. So I think that my
narrative, I knew my narrative intuitively really
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well, and sustainable growth was just
like the term that described clearly what I'm
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talking about. So it's about a
few people that have been doing this well,
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like, let's reverse engineer what the
narrative is behind a few categories that
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have been buzzing around a lot.
Let's start with account based marketing. What's
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the narrative? So well, the
account based marketing. The narrative is,
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uh, quality is the new game
and quantity is the old game. Quality,
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relationships is the new game. Quantity
relationships is the old game. Everybody.
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Now we're just targeting a few.
Prioritization is the new game, right,
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the old the old game is.
I don't know what the opposite of
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prioritization is. It's it's target accounts. Or, sorry, it's target audience
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versus target accounts. It's very different. Target audiences described through demographics, psycho
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graphics. Target accounts are using firm
a graphics, not even firm a graphics,
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it's not even types, it's specifically
these companies, right, which is
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a very different approach, very different
approach. Yeah, so a B m.
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A B M says that you know, three percent of your people are
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going to outpferform the other nine,
seven percent, basically by a multiple,
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saying that there's this tiny second of
people that's actually meant to be in a
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relationship with you. So the the
older ways kind of suggest that, you
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know, we can just kind of
have more mediocre relationships and that's not going
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to pull down, it's not going
to weigh down our ship. Right.
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So yeah, I mean that's yeah, a B M is a great a
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great example. You go we can
go to demand Gen right leaden demanding and
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it's funny both both of them have
a very different they both come out of
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a frustration in that marketing B Two
B marketing is not working, but both
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have different and a different way of
emphasizing and a different narrative behind them.
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Right, with a B M it's
we're not targeting the right accounts or we're
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targeting too many accounts. With demand
Gen it's we're not getting ahead of people.
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Right, I mean, Chris Walker, we the M Q is dead.
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We're just generating bad leads instead of
actually helping people desire what we're even
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offering. Yes, yes, we
need to get ahead by generating demand instead
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of capturing demand. I think it's
the drum of demand Gen. Get ahead
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of it, generate demand before it's
just capturing it. Otherwise somebody else will
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generate it and capture it. If
you generate it, you generally capture it,
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right, and that's kind of the
thing. They linked together. Yeah,
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so, yeah, demand Gen is
a great one. We could do
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um. Gone Right. Goodbye opinions, hello reality. The revenue intelligence is
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kind of the now. Their narrative
is interesting because I've heard, yeah,
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he was on the show recently and
talking about how the narrative came out of.
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Well, we wanted to be able
to sell to UH C R O
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s and they weren't buying our previous
narrative. They weren't buying because we didn't
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have a category. We were a
sale a call center tool instead of a
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revenue tool. So we changed the
category specifically to Target Enterprise Level C R
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S who weren't interested in our thing. We wanted to make them interested in
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our things, so we changed,
we created every thing around this category called
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Revenue Intelligence so that the C R
would pay attention. But it doesn't come
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out of like a dying need.
Okay, so their situation is more of
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the is more of the other situation
that we're talking about where, you know,
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there's investors and there's, you know, funding and there's a CEO who
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comes in and CMO and blaw.
I just think that they hired Andy Raskin.
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Did they work with somebody who's talking
with asking the whole time building the
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narrative? So so it just goes
to show you they didn't do that in
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a bubble, you know, isolated, siloed. They went to someone who
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has been doing this their entire career
and he facilitated that process for them and
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eventually they stuck with something right and
it worked. So yeah, it's really
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it's sometimes. Sometimes it is literally
solving your own problem, a massive problem,
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and creating that new approach. or
it's like you already have a new
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approach to something, but you're just
not framing it correctly so people understand you.
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And that's was their situation. They're
like, people don't actually care about
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the what what we're calling this thing? Like we're calling it something that's absolutely
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killing US instead of coming up with
something original. Essentially it becomes a repositioning
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play, but you're repositioning it in
a new category. You're taking something you
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already do well and refocusing it,
which is why category design ultimately falls under
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positioning as a, I guess,
a marketing term. So we've talked a
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lot about narrative. We've talked about
how it informs the category. Let's talk
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about how the category informs the community. And I've heard a lot of people
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say, like you don't really have
a category until you have a community,
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like the evidence of a community shows
that you actually have a real category.
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Yes, yes, and no,
it's both. So I it's a complicated
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answer. Yes, the community is
the category. You Design the category to
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build the community. That is the
purpose of designing the category in my mind.
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Right. So they are connected so
tightly, like they're almost one.
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Right. However, there's there's a
reason why I separated those two things into
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phases, because I was highlighting the
differences between that Um. So for me,
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I I see the category design Um
as designing your educational materials and facilitation,
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community facilitation process. Right, there's
this new approach and you're calling it
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this thing, but do you have
the wealth of resources? Do you have
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those capabilities there for the community to
take advantage of so that you can facilitate
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success at scale? Because the category
happens when there's success at scale. To
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me, right. And so if
you're looking at category design is just like
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a way to own some sort of
term, I think you're missing out on
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a large part of the fun and
the revenue. So I suggest always looking
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at category design as your your facilitation
process. How are you going to make
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things easier for people to act upon
and actually do stuff? Right, if
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we want people to start podcasts,
we have to make it easier for them
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to start podcasts somehow. If we
want people to to change from lead gens
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to demand Gen we have to make
it easier for them to make those moves
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without us right and so the category
design is a lot about facilitating community success.
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Hey, everybody, logan with sweet
fish here. If you've been listening
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to the show for a while,
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The number to be growth all one
word. All right, let's get back
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to the show. As you were
talking, it occurred to me like with
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the narrative you have the hy with
the category you have the one, and
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with the community you have the WHO. It's almost like Simon Sinex, like
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golden circles or whatever, but you're
you're dropping the the how with the WHO.
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But you have to start with the
compelling why. That's the reason why
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we're all here, the reason why
the what is so important, which is
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the category. It's a new way
of thinking, it's a new methodology,
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it's a new framework or way of
doing things. Um, but it's all
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informed by the why, which is
why you have to sometimes you can you
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run into a compelling like what how
to do things, but you don't have
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a compell you have to figure out
why people should care right, which is
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why the narrative is so important.
And if they don't have a reason to
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care, it's kind of like it
just kind of gets lumped in with everything
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else and people forget about it.
But if you come come up with the
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compelling why and how in a way
to approach that why, which is the
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category, and then the community cares, and that's where a lot of other
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people start to get around it.
Is that about right? That's brilliant,
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man. That's brilliant. I love
matching. You know, uh, why,
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what, how and who? Why? What? How and who around
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this. I think that's a beautiful, beautiful comparison. As a beautiful comparison.
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Down there you go making progress together. So we're around the circle.
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Let's bring it back. So we
have the narrative, we have a compelling
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why, we have the category,
which is the the how we're addressing this
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why, and now we have a
bunch of people that are that are nodding
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their heads with us and saying,
yes, this is the way, you
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know, which is like your most
probably the most common Hashtag I see either
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on out there. Um Um.
So we have a community around this new
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way of doing things to address the
why. How does that come back to
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inform the Y? Oh, okay, that's that's good. That's good.
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Okay. So, yeah, basically, what happens is the companies that that
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design the category just to be number
one don't end up building the community.
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Right, okay, the companies that
design a category with the intent of building
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the community end up building the community
and facility hating community success. So what
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ends up happening in that community building
process is that you are seeing your approach,
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your methodology, playing out at scale
and you're engaging and interacting with the
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people who are applying that methodology right, and you're getting such a good diversity
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of examples in the community that another
level of clarity starts to emerge over time
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and there becomes another problem. Another
problem emerges so that we can get to
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the next level of success. Right. So the community shows you a bigger
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problem that's connected to your original problem, but it's the next one on the
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ladder, right, it's the next
logical problem that's going to occur for your
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community. So I think that the
people who get too caught up in just
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the company, the GT M,
the company part of the go to market
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right, and they neglect that wider, looser community building part of the process,
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they never end up getting the type
of perspective, customer perspective or player
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perspective. People who are playing this
game right. They are generally focused on
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the numbers from their own customers,
are getting new customers, but they're not
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actually focused on the success stories or
the failure stories, which is where those
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insights emerged from. It's interesting.
I'm trying to think of examples of companies
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making the jump more than once.
I'll probably think of some, though I
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can think of a few that are
making the jump now. I mean totally.
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The A B M communities totally making
the jump. Sand Graham is making
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his move with his next book,
trying to evolves as the a B M
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community has gotten bigger and has identified
problems with the approach, you know,
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because it's not a one size fits
all. There are nuances to it.
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So naturally the community is going to
evolve in demand bases taking their narrative,
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is trying to trying to apply their
what they think is the narrative is with
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a B X, and I think
sand Graham's taken a more gt m approach
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with his right. It's funny to
see which one of them actually has the
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narrative right. That's exactly it.
So if if I am correct right,
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maybe I'm not correct let's just see. Let's just see how it goes.
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If I'm correct, then some Graham's
way is a better way. Unless I
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don't know something about demand base,
where they built this great community and they
337
00:25:34.400 --> 00:25:38.359
found all this out to the community. Maybe that's true. Right. But
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if we're gonna play it out like
a science experiment, this is a good
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test of whether the community reveals a
better narrative or whether you can kind of
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just piece that together without without that, you know, so one live.
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I don't actually understand the nuances of
how sand Graham is doing it under Dan
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demand basis route. I actually even
talked to Sandraham about it and I was
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like, I'm still I'm still waiting
for his book to come out and then
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I'll probably understand. Demand Base is
coming out of an approach of like a
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B X is taking a B M
and working it through the whole life cycle
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of the account. Like why do
we just leave it as a marketing sales
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thing? Let's work it through as
a customer success thing, a retention retention
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thing, a turn thing, like
you should be the whole the whole company
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should be focused on a b M. Right. I think that's where they're
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going with it. He just never't
read it, but I think from what
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I've heard from him. UH,
John Miller, I agree with that.
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I agree with to me, to
be honest, a B M is shifted
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two thirds to your current clients.
It's not even not that's I'm just coming
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with a number, but it's hedged
towards your current clients. That that's actually
355
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what it says, because you're you're
expanding an account. The whole concept of
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00:26:56.640 --> 00:27:00.559
a B M is to expand accounts. UH, there's no pre creation,
357
00:27:00.799 --> 00:27:07.359
concept of appreciation happening in a B
M over time. So I think,
358
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I think that they I think they're
both right. You know, like GTM,
359
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there is this orchestration between marketing and
customer success, or marketing, sales
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and customer success. Right there.
There also is this truth that a B
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M is a full life cycle strategy, right. And so what's beautiful is
362
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that these two companies have agreed to
no longer compete. Yeah, it's true,
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00:27:30.799 --> 00:27:33.480
they're splitting, splitting the A B
M community in their different fields,
364
00:27:33.480 --> 00:27:37.960
and we'll see which one becomes the
bigger and more profitable one. Or maybe
365
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they both, because it's not a
zero sum game. Maybe both are wildly
366
00:27:40.680 --> 00:27:42.319
successful. Right. I think that's
Coom and I hope I hope the boast
367
00:27:42.359 --> 00:27:47.200
for bath because they're both doing some
cool stuff. Exactly. We're still I'm
368
00:27:47.240 --> 00:27:48.000
having a hard time. I can
think of a few that have made the
369
00:27:48.079 --> 00:27:52.400
jump once. I can't think of
a single company that's made the jump multiple
370
00:27:52.480 --> 00:27:56.079
times. Now. It takes probably
a decade or two to jump more than
371
00:27:56.160 --> 00:27:59.440
twice. So I'm I maybe I
just haven't been in the market long enough
372
00:27:59.480 --> 00:28:02.359
myself, Um, to actually watch
it happen. So I'm like, I
373
00:28:02.359 --> 00:28:06.039
don't know if adobes how many times
adobes had to reinvent themselves, because they've
374
00:28:06.039 --> 00:28:11.799
been around at least thirty, forty
years now. So I'm trying to think
375
00:28:11.880 --> 00:28:14.759
some larger companies that have been around
a long time and had to reinvent themselves
376
00:28:14.799 --> 00:28:18.160
multiple times. But even category design
as a as a thing hasn't been around
377
00:28:18.279 --> 00:28:25.920
for more than thirty years exactly.
So we're early position in the late seventies
378
00:28:26.039 --> 00:28:29.359
right. So it's like it can't
it hasn't been that long. Yeah,
379
00:28:29.480 --> 00:28:34.400
yeah, I mean I just think
you see examples of companies that do reinvent
380
00:28:34.480 --> 00:28:44.200
themselves long term. We're definitely having
trouble breaking through a single escort in a
381
00:28:44.279 --> 00:28:49.480
sense, like we haven't really done
that yet. We this goes for countries
382
00:28:49.519 --> 00:28:53.839
as well, or empires. We
always ride one s curve and we never
383
00:28:55.400 --> 00:29:00.000
we never break our own business.
Someone else always breaks us because we think
384
00:29:00.160 --> 00:29:06.000
number one. There's definitely been companies
that go through reinvention multiple times. Dave
385
00:29:06.119 --> 00:29:08.960
Ramsey is a good example because he's
had big he's had big launches and then
386
00:29:10.000 --> 00:29:12.400
dips and then reinventions and then dips. I think he's gone through about three
387
00:29:12.440 --> 00:29:15.640
now. Maybe he's probably four or
five, because he's he's they've been around
388
00:29:15.680 --> 00:29:18.960
longer than what most people think.
Remember he went really big in the late
389
00:29:19.000 --> 00:29:22.960
two thousand's, around the recession,
right. But I don't think he's gotten
390
00:29:22.960 --> 00:29:27.799
through like a whole category reinvention.
He's kind of been this is a different
391
00:29:27.839 --> 00:29:33.759
so he's a different conversation. YEA
creating different categories, though, is hard,
392
00:29:33.799 --> 00:29:37.880
like creating. Creating one successful category
and writing that is difficult enough.
393
00:29:38.319 --> 00:29:42.519
Doing me twice is like, man, that's now you're really like, as
394
00:29:42.519 --> 00:29:45.839
if it wasn't a Unicorn enough,
now you're a double Unicorn. To be
395
00:29:45.839 --> 00:29:52.720
a triple Unicorn. That's going for
that. He wants to design GTM.
396
00:29:52.920 --> 00:29:56.240
Right, you don't have to create
it, you just have to design it
397
00:29:56.000 --> 00:30:00.440
and have a better have the best
narrative around it. But hubspot, you
398
00:30:00.440 --> 00:30:06.119
know, let's just look at hubspot. They started with inbound marketing. Is
399
00:30:06.160 --> 00:30:12.240
the category. They have this flywheel
that was inbound marketing, right. So
400
00:30:12.279 --> 00:30:18.559
they had a narrative around inbound marketing
about how the world had changed and how
401
00:30:18.599 --> 00:30:22.920
outbound was not going to produce a
good results for you the way the inbound
402
00:30:23.039 --> 00:30:32.960
was. Right. Then, over
time they basically layered on complementary services until
403
00:30:33.000 --> 00:30:37.079
they until it merited a new category. Right, category are they in now?
404
00:30:37.119 --> 00:30:41.160
I'm like looking at their website and
I'm like, yeah, is the
405
00:30:41.240 --> 00:30:45.119
number one, the number one for
scaling, for scaling companies, is their
406
00:30:45.119 --> 00:30:48.480
tagline. The number one CRM for
scaling companies. So they are trying to
407
00:30:48.519 --> 00:30:52.079
be number one. CRN Is the
category that they've gone into. So they
408
00:30:52.079 --> 00:31:00.759
went from inbound marketing software to CRM
and crm with kind of a REV OPS
409
00:31:02.880 --> 00:31:08.880
GTM narrative behind it. Right.
So yeah, it's it's very interesting to
410
00:31:08.960 --> 00:31:15.400
me. which which is the second
level category that these companies end up going
411
00:31:15.440 --> 00:31:18.960
towards? Off of their initial category, which was more of like based around
412
00:31:19.000 --> 00:31:26.519
that problem product fit in the marketplace. But as they expand to the platform,
413
00:31:26.559 --> 00:31:30.119
this is one of the new category
to call this thing, this platform
414
00:31:30.160 --> 00:31:34.960
emerges right. So the number the
number one crm for scaling companies. Okay,
415
00:31:34.880 --> 00:31:38.559
they're trying to differentiate from all the
other crms by saying for scaling.
416
00:31:40.279 --> 00:31:42.240
Um, I don't know how much
I agree with that. They're pretty big.
417
00:31:42.279 --> 00:31:45.480
I mean we use them and I've
looked at a lot of crm so
418
00:31:45.519 --> 00:31:48.039
I'm like, yeah, I'd agree
with that that they'd be the number one
419
00:31:48.079 --> 00:31:51.319
for that level. They're definitely not
in the small business category and they get
420
00:31:51.359 --> 00:31:55.319
destroyed by salesforce and the enterprise.
So I'd say they probably do hold the
421
00:31:55.400 --> 00:31:57.720
number one position, as far as
it's in my mind and I think in
422
00:31:57.759 --> 00:32:00.240
other people's minds. No, I
think that's true. I think they are
423
00:32:00.279 --> 00:32:04.599
definitely number one. Definitely number one, but it is interest. Question came
424
00:32:04.640 --> 00:32:08.799
back from inbound marketing because obviously they
crms became so helpful and just marketing and
425
00:32:08.799 --> 00:32:13.599
sales the whole company pivoted around it, which is why they've added customer success
426
00:32:13.640 --> 00:32:17.680
and all that kind of stuff.
To it. It's become the central source
427
00:32:17.720 --> 00:32:22.920
of truth, we call it,
at sweet fish, for information related to
428
00:32:22.960 --> 00:32:27.079
all things in your business. Absolutely, absolutely. Yeah. So I think
429
00:32:27.359 --> 00:32:32.200
there's an interesting Um game playing out
in that, in that market sale that
430
00:32:32.279 --> 00:32:37.880
you can see how it started.
salesforce started as the sales software, not
431
00:32:38.039 --> 00:32:42.480
the marketing inbound, so right,
and you kind of see how those things
432
00:32:42.519 --> 00:32:49.480
evolved into platforms and you see how
they label that afterwards or how how the
433
00:32:49.720 --> 00:32:52.119
how the, how they communicate that
to the marketplace. Um. So,
434
00:32:52.160 --> 00:32:57.839
yeah, I think looking looking at
different companies and that trajectory and how they
435
00:32:57.839 --> 00:33:02.039
did that, good and bad,
is super useful and, you know,
436
00:33:02.079 --> 00:33:08.559
I would just I don't think hubspot. I think that they should move heavily
437
00:33:08.559 --> 00:33:14.799
into that community building phase. Now, this is the way I'm thinking about
438
00:33:14.799 --> 00:33:16.440
it. Um, I think that
they did a great job with Narrative and
439
00:33:16.480 --> 00:33:25.000
category and now they you know,
they acquired this Um publication community. Yeah,
440
00:33:25.319 --> 00:33:30.240
but I believe, I believe that
this is sort of the problem with
441
00:33:30.240 --> 00:33:32.000
trying to be number one, as
you end up wanting to acquire the community
442
00:33:32.559 --> 00:33:37.039
instead of building, because building it
requires you to have humility as and like
443
00:33:37.079 --> 00:33:40.400
no, we're all doing this together. It's our narrative, it's not my
444
00:33:40.599 --> 00:33:44.920
narrative. So whenever you see someone
put number one next to their name,
445
00:33:45.759 --> 00:33:50.839
you can they probably won't go all
the way with the community stuff. I
446
00:33:50.319 --> 00:33:54.000
I have my doubts. You know
interesting inside. If you have to say
447
00:33:54.000 --> 00:33:58.240
your number one, then community might
be a struggle. I'll have to pay
448
00:33:58.279 --> 00:34:00.880
attention to that and see if I
find it to be true. It kind
449
00:34:00.880 --> 00:34:04.839
of makes sense as I've been doing
a lot of research into thought leadership.
450
00:34:04.880 --> 00:34:07.920
We all know the number rule,
number one rule of thought leadership, as
451
00:34:07.960 --> 00:34:12.400
you can't call yourself that. If
you do, you're not. The idea
452
00:34:12.400 --> 00:34:16.320
of companies calling themselves number one is
the exact same concept. Or personal branding.
453
00:34:16.320 --> 00:34:21.679
People calling themselves number one at something
right. Just design the category,
454
00:34:21.719 --> 00:34:24.400
build a community and let people call
you that if they want. Man,
455
00:34:24.920 --> 00:34:30.360
that's powerful. It's been a fantastic
talk. If there's anything I didn't ask
456
00:34:30.400 --> 00:34:34.559
but I should have asked, what
would that be and what is what are
457
00:34:34.599 --> 00:34:37.440
some like final thoughts for the audiences? They're considering and wrestling. I'm sure
458
00:34:37.440 --> 00:34:40.000
they're wrestling with it as much as
we are at sweet fish around narrative,
459
00:34:40.079 --> 00:34:45.400
category and community. Any parting thoughts? Yeah, I would just say that
460
00:34:45.440 --> 00:34:50.719
there are activities that you can do
where you are doing all three of these
461
00:34:50.719 --> 00:34:53.119
phases. You're working on all three
of them at the same time. So
462
00:34:54.159 --> 00:34:58.559
podcasting, do you understand where I'm
going with this? There are things you
463
00:34:58.599 --> 00:35:01.519
can do where you get insights in
all three areas and you can advance in
464
00:35:01.559 --> 00:35:07.639
all three areas simultaneously. So there
are individual activities for each of these things,
465
00:35:07.159 --> 00:35:13.800
but try to identify the core activities
that that that nurture the garden in
466
00:35:13.880 --> 00:35:17.239
each of these areas and aren't just
kind of siloed into one right. I
467
00:35:17.239 --> 00:35:22.800
think that's how you can build momentum
over time. That is interesting. I
468
00:35:22.840 --> 00:35:25.320
am trying to I am wrestling with
all three at the same time and it's
469
00:35:25.360 --> 00:35:30.119
like tweaks. It's just subtle tweaks
to the narrative while you're trying to frame
470
00:35:30.159 --> 00:35:31.400
the category, and sometimes you're like, Oh, I think we got the
471
00:35:31.440 --> 00:35:35.159
right framing on the category, you're
like, oh, but that doesn't that
472
00:35:35.199 --> 00:35:37.719
doesn't fit the narrative we wrote last
week. Crap, now I have to
473
00:35:37.719 --> 00:35:39.800
rewrite it because now the two don't
fit. In the meantime, you are
474
00:35:40.000 --> 00:35:45.559
continuing to move forward and build community
around this thing and you're usually including parts
475
00:35:45.559 --> 00:35:47.760
of the community in the conversation as
you're testing it out with them, right.
476
00:35:49.159 --> 00:35:52.280
So it is it's collaborative process and
sin. I mean my hope is
477
00:35:52.320 --> 00:35:54.920
that we finally get it all three
to be right and then Bam, it
478
00:35:54.960 --> 00:36:00.360
clicks and it's beens it creates momentum. Yeah, yeah, I think.
479
00:36:00.360 --> 00:36:04.360
I think that that if, if, if companies sort of come at it
480
00:36:04.400 --> 00:36:10.159
from this angle, I think that
will have a healthier business environment, uh,
481
00:36:10.199 --> 00:36:15.760
in the long term, and I
think people will be happier with their
482
00:36:15.760 --> 00:36:19.320
work in the long term, because
this is really about, you know,
483
00:36:19.639 --> 00:36:25.679
purpose and unity, making money through
purpose and unity as opposed to competition.
484
00:36:27.440 --> 00:36:30.719
Right. So, yeah, that's
kind of the philosophy of that wheel.
485
00:36:30.320 --> 00:36:35.840
It's interesting. Would you recommend people
invite their competitors to be part of the
486
00:36:35.840 --> 00:36:42.519
conversation or customers? Well, if
you here's the thing. If you've evolved
487
00:36:42.519 --> 00:36:47.360
the narrative enough, then you don't
really have competitors in your mind. So
488
00:36:49.079 --> 00:36:52.840
if you haven't evolved the narrative enough, like, you need you need to
489
00:36:52.880 --> 00:36:57.760
get people who already believe in the
thing you do. So if these are
490
00:36:57.800 --> 00:37:01.039
old competitors, previous competitor is.
They no longer are because you've you've evolved.
491
00:37:02.440 --> 00:37:05.960
Then, you know, I don't
know, trying to get them on
492
00:37:06.000 --> 00:37:09.159
board with the thing. It might
be difficult, but if you move into
493
00:37:09.159 --> 00:37:13.719
another area and you just find players
who believe in the same thing and execute
494
00:37:13.760 --> 00:37:16.960
on that, you should invite all
of those people. You should share the
495
00:37:17.000 --> 00:37:20.719
category with them. You should share
the category with them and say no,
496
00:37:20.840 --> 00:37:23.840
this is not our category, my
category, this is ours. Let's move
497
00:37:23.880 --> 00:37:30.039
this baby right and let's get some
momentum here and grow this market. That
498
00:37:30.199 --> 00:37:32.360
is the type of collaboration that that
that that moves things. You know,
499
00:37:34.079 --> 00:37:37.440
it's part of the narrative. Even
thinking about sweet fish as narrative, like
500
00:37:37.480 --> 00:37:40.519
the way we approach B twob podcasting
is just different than all our competitors and
501
00:37:40.599 --> 00:37:46.239
so just by naturally me thinking about
that, it actually excludes because don't think
502
00:37:46.280 --> 00:37:51.000
the way we think and don't we
don't even have the same narrative like the
503
00:37:51.039 --> 00:37:53.519
way they approach podcasting. So but
there are a few that I'm like,
504
00:37:53.599 --> 00:37:58.559
actually, there's probably like two that
I'm like, I'd invite them in and
505
00:37:58.599 --> 00:38:00.519
honestly, there's enough market shared go
around for all of us. So that
506
00:38:00.559 --> 00:38:05.320
makes sense because you guys are gonna
evolve the narrative anyways later on and split
507
00:38:05.320 --> 00:38:08.599
in different directions, like like,
like Song Grahaman and this other company.
508
00:38:08.719 --> 00:38:13.400
Right. So this is the idea
of that, that initial category creation.
509
00:38:13.480 --> 00:38:19.000
We want to collaborate because we're moving
something massive and inertia is strong. To
510
00:38:19.079 --> 00:38:22.199
get this bad boy going, we
need collaboration and unity here to get it
511
00:38:22.239 --> 00:38:27.079
going fast, and fast enough,
right, or else it'll just take forever.
512
00:38:27.679 --> 00:38:30.039
So yeah, yeah, man,
I I think that the moral of
513
00:38:30.039 --> 00:38:34.079
the story on that, which is
great, because that's an underlying thing.
514
00:38:34.119 --> 00:38:37.239
I'M gonna have to flush out a
bunch of documents, a bunch of decks
515
00:38:37.239 --> 00:38:42.760
on this, on this cycle,
but these are like the underlying truths that
516
00:38:42.800 --> 00:38:46.119
the model. You don't see necessarily
on the surface on the model, but
517
00:38:46.159 --> 00:38:50.159
if you talk about it and dig
into it, you start to realize these
518
00:38:50.199 --> 00:38:52.639
types of things. Ma'am, I
think you need to keep working on this,
519
00:38:52.679 --> 00:38:57.079
flushing it out. Yeah, honestly, be a really fun book to
520
00:38:57.079 --> 00:39:00.280
read. Now, would read it
or listen to it at least so as
521
00:39:00.360 --> 00:39:04.639
you continue keep me up to date. And Uh, if you have another
522
00:39:04.679 --> 00:39:07.239
breakthrough revelation about this work and we'll
have you back on the show. Will
523
00:39:07.280 --> 00:39:09.159
be a lot of fun. I
know this has been insightful for me and
524
00:39:09.199 --> 00:39:24.880
I know will be inscightful for the
BDB growth audience. B Two B growth
525
00:39:24.960 --> 00:39:28.760
is brought to you by the team
at sweet fish media. Here at sweet
526
00:39:28.760 --> 00:39:31.639
fish we produce podcasts for some of
the most innovative brands in the world and
527
00:39:31.679 --> 00:39:37.599
we help them turn those podcasts into
micro videos linkedin content, blog posts and
528
00:39:37.639 --> 00:39:40.199
more. We're on a mission to
produce every leader's favorite show. Want more
529
00:39:40.199 --> 00:39:51.199
information? Visit Sweet Fish Media Dot
Com.