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Guy Kawasaki: Tell a Story and Plant Many Seeds

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    You need to tell a story.
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    Most people particularly into technology
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    are horrible at telling stories
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    You need to tell a story.
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    Why did you start eBay?
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    Why did you start Google?
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    Why did you start Apple?
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    You can even make up the story, after the fact
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    One of the great legends of Silicon valley
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    is that eBay was because of
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    Pierre Omidyars' girlfriend wanted to sell
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    pez dispensers.
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    Okay. The truth is that he really wanted to
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    create a perfect market where demand and
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    supply cross each other. The perfect market
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    And to have a perfect market, you need to
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    eliminate geography.
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    The story of the pez dispenser
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    is after the fact.
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    Now, I'm not encouraging you to lie
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    but I am telling you a story is
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    -much more powerful when you launch.
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    Why you two in a garage knew there was a
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    -better way to search.
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    Or you wanted to bring personal computers
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    -to more people.
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    Or you wanted a place where people could
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    upload videos of people dropping menthos
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    into Diet Coke.
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    (laughter)
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    Whatever it is, tell a story
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    The next thing is
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    you need to plant many seeds
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    This is completely contrary
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    to classic marketing.
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    Classic marketing is you plant a few seeds,
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    because you know exactly who is going to
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    embrace your product
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    and you water and fertilize just those seeds.
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    You focus.
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    I think that's just completely wrong
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    In the old days, you would focus on
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    the A-Listers and the top tier journalists.
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    I.E, Wall Street Journal
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    New York Times
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    Business Week
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    Fortune and Forbes.
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    What you did is, you sucked up to them
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    because you hoped in these
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    great oracles of wisdom and knowledge
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    would embrace your product
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    and tell the hoi polloi
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    and the great unwashed masses to embrace
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    your product.
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    Okay, so you sucked up to them.
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    If you didn't have time to suck up to them,
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    you hired a PR firm and paid them
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    ten thousand bucks to suck up for you.
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    Then, the PR firm would hire an
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    oriental art history from Wellesley to do the
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    sucking up for you.
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    Okay, this doesn't work anymore
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    because the world has been inverted.
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    The world has been inverted.
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    And now, for you to reach critical mass
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    with a product, it's not because the
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    Wall Street Journal or the New York Times
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    blessed your product. It's because
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    lonelyboy15 embraced your product.
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    and lonelyboy15 told his twenty friends,
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    who told their twenty friends,
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    who eventually told Tiffany517
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    and lonelygirl to also embrace your product.
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    And what happens- this is how Twitter
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    and how Facebook happens.
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    It's not because the New York Times
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    saw Facebook, or Twitter
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    on the first day they launched and said
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    "Ha ha, we have seen the future
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    -we know with total certainty some day
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    Facebook will have more members
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    than every other country except
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    China and India.
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    Show me a New York Times, Business Week,
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    Fortune, or Forbes article that
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    predicted the success of Twitter or Facebook.
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    or Apple! or Yahoo!
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    Pick any of the success stories, none of them.
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    So what you need to do
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    is plant many seeds.
Title:
Guy Kawasaki: Tell a Story and Plant Many Seeds
Description:

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Video Language:
English
Team:
Stanford Entrepreneurship Corner
Duration:
03:22

English subtitles

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