27 May 2024

How to Influence, Persuade & Sell Your Ideas Through Storytelling | Business Focus Ep 8

How to Influence, Persuade & Sell Your Ideas Through Storytelling | Business Focus Ep 8
Business Focus Ep 8:

How to Influence, Persuade & Sell Your Ideas Through Storytelling – Ron Schwartz

In this impromptu episode, we look into the recent CrowdStrike update that led to a massive global IT outage, affecting millions of Windows devices. We’ll also share our experiences and observations, including how the IT community came together to tackle this crisis and valuable insights on resilience and the importance of robust business continuity procedures.

In a world where communication takes up a staggering 30% to 70% of our daily lives, depending on who you ask, mastering the art of storytelling isn’t just nice to have—it’s essential. We live in a society where almost everything is designed: our apps, workplaces, even our cars. Yet, the way we communicate, which dominates a significant portion of our time, often lacks this level of intentional design. In this podcast episode and blog post, we look into the power of narratives and explore how crafting stories can drive results, change minds, and influence others.

Episode Highlights: 

  • The 2 Types of stories that build intimacy and reduce perceived self-interest
  • The importance of knowing your audience
  • The framework to craft convincing conversations & narratives

Why Using Stories to Improve Communication Works

Stories are ingrained in us; they are part of our DNA. They resonate because we are social creatures wired to connect. Unlike plain facts, which activate only two areas of the brain, stories engage seven. This multi-dimensional engagement explains why stories are far more compelling than raw data alone. They inspire change, create trust, and communicate complex information in ways that feel familiar and accessible.

Consider how advertisements sell cars—not by showcasing their technical specs but by weaving narratives of adventure, safety, or luxury. It’s not about the kilometres per litre; it’s about selling the lifestyle and values that the car represents. This illustrates how stories help us see ourselves within a broader context, creating relatability and emotional engagement.

The ROI of Stories: The Significant Objects Project

The power of storytelling extends beyond just personal engagement; it also drives tangible results. One study that exemplifies this is the Significant Objects Project, where journalists purchased cheap, mundane items from flea markets and garage sales, then sold them on eBay with creative backstories. The items, which cost a total of $128, were resold for over $3,600—a whopping ROI of 2,776%.

This experiment underscores a fundamental truth: when we attach a story to an object, it becomes more valuable in our minds. Stories build trust, reduce perceived self-interest, and increase relatability, which in turn boosts perceived value. The lesson here is clear: whether you’re selling a product, a service, or an idea, attaching a compelling narrative can dramatically enhance its worth.

Conversations vs. Narratives: Big C vs. Little C

Understanding the distinction between conversations and narratives is crucial when it comes to influencing others. Narratives are like structured, purpose-driven conversations, or “Big C” conversations. Unlike casual chats (“Little C” conversations), Big C conversations require thought, planning, and an understanding of the impact you hope to achieve.

Before entering any significant discussion, ask yourself: What impact do I want to have? What change am I trying to inspire? The clarity of intent is the foundation of any successful narrative. Designing your conversation with this level of precision allows you to steer it towards the desired outcome rather than leaving things to chance.

The Anatomy of a Powerful Story

Creating impactful narratives requires more than just stringing together facts or anecdotes. It’s about crafting a story that reflects authenticity, vulnerability, and an understanding of your audience. Here’s a simple model to guide you:

  • Micro-script: This is your core message boiled down to a concise, repeatable phrase. It’s not just about what you want people to hear; it’s about what you want them to remember and repeat. A micro-script is powerful because it distils complex ideas into something that sticks.
  • Elevator Pitch: This element outlines why you believe in your core message. It should be structured logically—perhaps outlining the problem, the opportunity, and the solution. Your elevator pitch serves as a narrative within the narrative, reinforcing your micro-script with succinct statements.
  • Evidence and Stories: Finally, back up your message with evidence and anecdotes. Use data selectively; too much can overwhelm, but the right amount paired with a story can make your point undeniable. The key is to find or craft stories that align with your message, turning abstract concepts into relatable experiences.

Crafting Authentic Stories: Foraged vs. Crafted

There are two types of stories you can use: foraged and crafted. Foraged stories are those you find in the wild—real-world examples or case studies that reinforce your message. The Significant Objects Project is a perfect example of a foraged story that powerfully illustrates the value of narratives.

Crafted stories, on the other hand, are intentionally designed. They are built with a purpose and customised to fit the context and audience. Authenticity is crucial here. A crafted story needs to reflect the ups and downs of reality, not just the glossy highlights. People connect more deeply with narratives that acknowledge both the risks and rewards, the challenges and the triumphs.

Balancing Ambition with Reality: The Burning Platform vs. Burning Ambition

When crafting a story, it’s essential to strike a balance between highlighting opportunities (burning ambition) and acknowledging challenges (the burning platform). Too much emphasis on the burning platform can create fear, while too much focus on ambition can come off as insincere. Your narrative should recognise the current realities and risks but also paint a picture of the “promised land” that your audience can aspire to reach.

Know Your Audience: Tailoring the Narrative

No two audiences are the same, and a one-size-fits-all approach won’t cut it. Tailoring your narrative to your audience’s needs, values, and perspectives is key. This means doing your homework—understanding who they are, what matters to them, and how they perceive the world. A well-crafted story speaks directly to the listener’s experiences and aspirations, making the narrative not just relevant but resonant.

Vulnerability and Trust: The Foundation of Connection

One of the most powerful aspects of storytelling is its ability to build trust through vulnerability. Sharing stories that reveal your own challenges, mistakes, or uncertainties creates a sense of intimacy and relatability. This openness diminishes perceived self-interest and positions you as genuine and credible. In any narrative, balancing authority with vulnerability strengthens your connection with the audience.

The MEE-Tree Model: Structuring Your Narrative

To make your stories even more impactful, consider using the MEE-Tree model, which stands for Micro-script, Elevator pitch, and Evidence. This framework provides a clear structure for delivering your narrative effectively:

  • Micro-script: What is the key takeaway? This should be simple, memorable, and easy to repeat.
  • Elevator Pitch: What are the main points that support your micro-script? This section should outline the problem, the solution, and why it matters.
  • Evidence: What stories, data, or examples can you use to back up your points? Pairing your elevator pitch with the right evidence makes your narrative more convincing and engaging.

By integrating these components, you create a narrative that is not just heard but remembered and acted upon.

Putting It All Together: The Power of Intentional Design

The real magic of storytelling lies in its ability to turn abstract ideas into compelling, relatable narratives that drive action. Whether you’re speaking to a room full of executives, pitching a new idea to your team, or even just having a meaningful one-on-one, approaching communication as a carefully designed narrative will significantly increase your chances of success.

Stories help us understand each other, connect on a deeper level, and see beyond the immediate facts to the bigger picture. They engage us emotionally and cognitively, making our messages more persuasive and memorable. By designing your conversations with the same intention that goes into other aspects of our lives, you unlock a powerful tool for influence and change.

So, the next time you need to sell an idea, don’t just present the facts. Tell a story. Craft a narrative. Design your conversation with purpose, and watch as your ability to influence, persuade, and connect improves.

 

Business Focus