Your Brand
Your brand is what people say about you when you are not in the room
– Jeff Bezos.
Peter Tiel once said, “YOU HAVE TO BE 10 TIMES BETTER THAN SECOND BEST“....but in a world where technology is easily commoditised it is virtually impossible to be 10x better. So the only thing left is the brand and community.
*NOTE - obviously, there are outliers but regardless you should always look to leverage your brand opportunity.
The leading companies in the world ARE not unique but just have better brands
Mcdonalds – We sell hamburgers – Is that unique? NO
Google – A search engine – NOT UNIQUE
Apple? - They are mostly a copy-cat company that wraps the technology into a beautifully designed product (in most cases) Most of their products were not the first to market instead they waited for the market to mature - their products are nowhere near 10x OR EVEN 1.2X BETTER THEN NUMBER 2.
Companies can no longer differentiate on features. In a world of infinite supply, BRAND is the only true marketing advantage
– DAVID CANCEL ceo of Drift.com
What is a brand
Don't overcomplicate it!
Think of your brand as a fictional character
Just like a character - a brand has likes, dislikes, personalities and character qualities etc - they have dreams, missions, values!
How to define a compelling character for your brand
Quick hack - The easiest way is to think of another fictional character that could represent your brand and answer
Step 1 - Define the following for the character....
- What is their vision?
- What is their mission?
- What are their values?
- How do they behave?
- What beliefs about the world do they hold?
NOTE - most of these questions should already be answered - they should be your company's vision, mission statements etc
Step 2 - Define the tone of voice and personality of the characters
- Formal vs. Casual
- Funny vs. Serious
- Respectful vs. Polarising
- Enthusiastic vs. Matter-of-Fact
- Friendly vs. Cold
- Optimistic vs. pessimist vs. Inspirational vs. authoritative
Step 2 - Define what external inputs influence the character....
- What are their favourite books?
- What are their favourite movies?
- What are their favourite TV shows?
- What are their favourite sports and sports figures?
- Favourite bible/religious stories etc
- etc
Step 3 - Define the core character traits and strengths
Starting your mass movement
Blair Warren, provides in one sentence the five principles that will empower the user to create a compelling reason for masses of people to take action with.
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