Guest Blog: What’s your story? Ann Booth-Clibborn, Producer: Grand Designs, The Restaurant, Changing Rooms…
May 29, 2012 by Mark T Littlewood
Ever wondered why telling a story is powerful in business? Ann Booth-Clibborn writes about their power to make people care.
Don’t tell the accountant but the spreadsheets don’t attract funding on their own. I’m a story coach so of course I’ll tell you the key is stories, but what about the VCs what are they looking for?
I asked Richard Marsh, entrepreneur and now partner at DFJ Esprit.
“I remember pitching my own company to VCs, and now as a VC I meet with many new companies every week. First impressions count and it’s important for start-ups seeking VC backing to have a really compelling story and vision. In particular if you have something new and unique you need to set out the vision of why this is important, who to, why and how you will build your business on this. When we invest in start-ups, we’re buying into the entrepreneur’s journey and will become immersed in its development and ambition for success.”
The truth is the story form is the oldest, and the most successful form of communication we have at our disposal, so it makes sense to use it’s persuasive power for business.
Why is a story so successful?
- It follows a very specific model designed perfectly to achieve maximum audience engagement. Does that sound useful?
- It roots content in the real world and your company story will express how your product/business/idea is rooted in the real world. This is compelling for VC’s as they will be investing in you in the real world.
- A well-told story is effortless to consume and easy to pass on, and anyone paying for messages to be pushed can tell you how valuable that is.
But as many battle-scarred entrepreneurs will confess – telling your own story is not always easy. We use the story model instinctively when passing on a great piece of gossip to friends, but when it comes to business, the skills often desert us.
I’m originally a TV producer and I developed and launched the award-winning international hit format, Changing Rooms for the BBC. This show started with a brief from BBC2 for a DIY and decorating quiz show. After one week’s research shadowing a handy man and an interior designer I established that most of the content for this would be deathly dull and audiences would be turning off in their thousands. So I started to work on a story that would hold all the same content but take the viewer on a journey they wanted to take. Let’s take it into real homes, let’s learn from the experts but let’s create risk so you want to watch until the very last frame….and so the format for Changing Rooms started to emerge.