Entrepreneur

Writing an Elevator Speech “Lifelike in the Extreme”

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To prepare for a workshop I’m giving, I’ve spent hours doing exploratory writing on how to create an elevator speech.

On the page, I’ve asked and answered questions like, “What’s an elevator speech supposed to accomplish?,” “What are the best ones I’ve heard?,” and “What are the worst ones?”

I’ve also made a list of elevator speech ingredients. Most of them, naturally, are the things you’d expect. A good speech mentions one’s target market, product or service, and benefits to the customer.

One of the ingredients I came up with, though, is more unusual. You rarely hear about it in business literature. That often overlooked ingredient is honest detail.

To better describe what I mean by honest detail, which might also be called “telling detail,” let’s turn to an outside source: novelist and essayist, George Orwell.

A Detail Saves a Life

In late 1936 to early 1937, Orwell fought in the Spanish Civil War. During one battle he was shot in the throat. Orwell not only recovered, but in the ensuing twelve years he penned his most notable books, “Animal Farm” and “Nineteen Eighty-Four.”

He also wrote an essay, “Looking Back on the Spanish Civil War,” which included the following passage:

“At this moment a man, presumably carrying a message to an officer, jumped out of the trench and ran along the top of the parapet in full view. He was half-dressed and was holding up his trousers with both hands as he ran. I refrained from shooting at him . . . I did not shoot partly because of that detail about his trousers. I had come here to shoot at ‘Fascists’; but a man who is holding up his pants isn’t a ‘Fascist,’ he is visibly a fellow-creature, similar to yourself, and you don’t like shooting at him.”

In analyzing this passage in their textbook, “Finding Common Ground,” educators Carolyn Collette and Richard Johnson write: “The life of Orwell’s enemy may have been spared because Orwell noticed a detail, the man holding his pants up with both hands – an awkward, slightly comical, and bizarre detail; lifelike in the extreme . . . “ (p. 4)

The honest detail, “lifelike in the extreme,” can persuade. The telling image – drawn, not from the mind, but from reality — can capture people’s attention and coax them into action.

Most business writing, especially elevator-speech writing, lacks such realism and candor. It stays on the surface, espousing “big ideas” through generalization and abstraction. The writer ends up saying what they think they’re supposed to say, instead of what’s real. Their words don’t make a dent in anybody’s mind.

Statistics as Detail

When I started Levy Innovation, my elevator speech used to talk about how I helped make people memorable and compelling. As I’ve written before, there was nothing wrong with saying those things. I still say them. What I hated was talking about those concepts in unsubstantiated form. Without supporting facts and detail drawn from life, they were mere opinion.

As I examined my projects for facts, I realized something that had previously escaped me. Due in part of my efforts, several clients had become popular enough to raise their fees by 600%, 800%, and even 2,000%.

Figures like those became my substantiation — my telling detail. When asked what I did, I began saying: “Consultants and entrepreneurial companies hire me to help them increase their fees by up to 2,000%.”

Painting a Candid Picture

While creating elevator speeches for other situations, I always sought that telling detail to make my point. Sometimes the detail came in the form of a statistic. Other times it came by painting a picture that let the listener know I understood what they might be going through.

For instance, if I met a consultant who explained their services awkwardly or seemed embarrassed as they spoke, I’d introduce my work in the following way:

“You know how when a businessperson meets a prospect, say, at a conference, and that businessperson starts talking  about who they are and what they do, and the prospect starts looking right past them to see if there’s anyone in the room who is ‘more important’?

“So, not only has that businessperson lost any chance to gain a client, but they also feel awful about their life, because they put so much effort into their business, and this prospect looking past them is, in a way, dismissing their entire being. (At least that’s what it feels like to them.)

“Well, what my work does is to help people like that businessperson who find it tough explaining what they do and why their work matters. I counsel them on writing elevator speeches and talking points that hold attention and make prospects eager to have a conversation with them.”

More times than not, the person I was talking to wanted to find out more about how my work might help them, because the details of the picture I painted struck them as undeniably real.

(Where, you might wonder, did I get those details? From my own life. A couple of decades ago, while I was in my early twenties and manned the trade show booth for a book wholesaler, attendees would ask me, “What does your company do?” As I explained, they’d at times leave while I was in mid-sentence. You don’t forget a detail like that.)

“Help me! Help me!”

The other day I spoke with a consultant, Kathy Gonzales,  whose elevator speech delighted me. It’s not because Kathy meticulously crafted every word, or delivered the speech with flair. It was the realism of her detail. Her speech sounded like it came straight from life. When I asked what she did, she said:

“I work with executives, mostly men, who want to leave the corporate world and start their own business. I don’t make them better at what they want to do. I won’t make a financial planner a better financial planner, or a baker a better baker. I just help them make the jump. They’ve got one hand on the corporate ledge, and they want to let go, but they’re crying, ‘Help me! Help me!’ That’s my client.”

Notice how Kathy didn’t make a lot of promises or claims. That adds to the persuasiveness of her speech.

I don’t know anything about Kathy’s company, Modern Happiness, and I’m not in the market for her type of service. But if I was, I’d be intrigued enough to have an initial chat – a “How do you do that?” talk — and that’s what an elevator speech is supposed to accomplish, isn’t it?

Your Challenge

If you’re struggling to come up with an elevator speech that captures attention, here’s an assignment using a standard speech format:

Think about the three most common problems your product or service solves, and create a speech for each. Don’t labor over the speeches, though. Just talk them out. Consider recording them as you go.

As I did in a speech above, begin with the phrase, “You know how when . . . ,” and describe the type of person you serve and the problem they experience in as much honest detail as you can. Stay true to what really happens. Don’t think you need to make things sound more dramatic than they are.

Once you’ve painted the scene, talk about what your work does to alleviate the problem you mentioned.

You may not get the most telling details right away — the ones, “lifelike in the extreme.” If  not, don’t sweat it. As you do your project work throughout the day, pay attention to what really happens and try incorporating the most intriguing facts into future drafts of  your speeches.

Business Guidance from the Future

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I asked my friend, Jake Jacobs, how business was doing, and expected a mechanical response, like “Things are good” or “Can’t complain.”

Instead, he told me he’s having the most profitable twelve months he’s had in twenty-five years as a consultant – and that’s in a down economy. This year, in fact, his firm is exceeding last year’s revenue by 170%.

How’d that happen?

A few months back, Jake did a little soul searching, and decided he wanted his company, Winds of Change Group, to hit the five-million-dollars-a-year revenue mark. Reaching that figure, though, would represent a jump. A jump that would take considerable time.

Jake, however, didn’t want to wait.

He knew if his company was to have any kind of shot of reaching that goal sooner rather than later, they couldn’t continue doing things the way they’d been doing them. To find out exactly how they should change, Jake took an unusual approach:

He projected himself into the future, and found his answers there.

That is, he didn’t first look at how his company could inch-ahead with what they were currently doing. Instead, he conducted a thought experiment, and imagined himself in the near-future heading a consultancy that was doing five million dollars business a year already.

A Vivid Daydream

During the experiment, which was something of a vivid daydream, Jake looked at each part of his firm and noted how they were conducting business. He saw who they had as clients, what services they were offering, how they closed deals, and how they delivered upon promises.

After conducting the thought experiment, Jake shared what he saw with his colleagues. Together they began taking immediate action on as many of his future-focused tactics as they could – thus behaving as if they were a five million dollar firm in the here and now.

They haven’t yet hit their revenue goal, but with increases of 170%, hitting that figure shouldn’t take long.

What tips can Jake share about his living-in-the future approach?

  • “When you’re looking around in the future, don’t just see the big stuff, like who your clients will be. You’ve got to study every nook and cranny of your organization. So, if you’re looking at your future company, see how it would celebrate its successes. What would its parties look like?”
  • “As much as possible, make that preferred future real today. Doing the stuff you’ve brought back is energizing. You start seeing results and evidence of change immediately. The more things change, the more your people see that they’re changing, the more likely they are to push for more change. It’s self-reinforcing.”
  • “You can use this method in any aspect of your life. Why not have an image of the next hour being the way you want it to be. Give it a try, and check in sixty minutes later to see how it works.”

Your Assignment

Try Jake’s preferred future exercise during your next bout of freewriting.

First, do a twenty minute session on what your dearest business goals might be, and what your company would look like once you’ve reached them.

Second, do another twenty minute session on what you learned during the first session, and what you could apply to your business today if you chose to.

Breaking a Solution Ahead of Time

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When it comes to business practices, what you’re confident about today may be proven wrong tomorrow. I’ll explain.

When I was a kid, I’d go to the candy store and spin the squeaky, revolving rack of comic books to see if it held a new issue of “Sergeant Fury,” “Captain America,” “Iron Man,” “Spider-Man,” or “Thor.” If I spotted one, I’d stare at its cover for a minute or two to get a sense if the story hidden inside promised to be worth twelve cents (or twenty-five cents for a double issue).

Why didn’t I judge the comic by thumbing through it? If I tried, the store owner would lean over his counter and shout: “This isn’t a library. Are you looking or buying?”

I’d be forced into buying, because “looking” was akin to theft.

When I was growing up, most stores dissuaded you from sampling a product. Their reasoning? Maybe they thought if you got even a taste for free you wouldn’t value the product enough to pay for it. Maybe they wanted customers to absorb the transactional risk and judge the quality of a product on their own dime.

Such thinking now, of course, is considered unenlightened. It hinders sales. Instead of keeping products away from customers, businesses try hard to get them into people’s hands.

Want to play around with a software program? No problem. Go for the free ninety-day trial and see if you like it. Want to know if a certain car hugs the road? Don’t sweat it. Take the auto home for a few days and test it.

Going from the “no sample” strategy to the “try the complete product for free” strategy is a radical about-face. But you and I have seen other strategy reversals just as drastic.

Years ago, it was assumed that the smartest person in most companies was the leader. After all, the leader was in charge of the organization for a reason. In many organizations, that thinking has now changed. They believe in the genius of the group, and think its people are smarter in the aggregate than they are separately. These organizations put collaboration tools in place, so people can more closely work together.

Along the same lines, many organizations used to assume that their employees couldn’t be trusted with sensitive information; the hierarchy, therefore, hoarded data. Now, thanks to the influence of practices like Open Book Management, certain leaders share financial and strategic information with the company, so employees can take responsibility and make better educated business decisions.

I could go on recounting business strategies, like Reengineering and Management by Objectives, which were once thought to be best approach to solving a particular problem, but are now looked upon, at best, as one tool in a diverse strategy toolkit. But I won’t. I know you get the picture.

The point I’m driving at is this: Right now, you and I are using strategies in our business that will, one day soon, be thought of as wrongheaded. We’ll look back and think, “How could I have wasted so much time believing that?” or “focusing on that?” or “doing that?”

Rather than waiting for that day to come, get a jump on uncovering those strategies and on hatching alternate ways of doing things.

Think of it as a game. Look at how you prospect and sell. Look at your products and services. Look at your infrastructure and how you get things done. Look at your pet philosophy and manifesto ideas.

Even if what you’re doing is working, pretend it’s not. Pretend it’s broken and you’ve got to come up with something new – you have no option.

What would you try?

Is there a way, even a small way, of trying it now?

Shama Kabani’s Best Blogging Tip (Told in Under a Minute)

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When I was 25 years old, I hadn’t yet learned to drive, I ate Cap’n Crunch three meals a day, and my friends and I would sit in Greenwich Village cafes for hours at a time writing zombie film scripts that would never get made.

Shama Kabani, right now, is 25 years old. She, though, is leading a slightly different life than I did at that age.

Shama owns her own Dallas-based, nine-person online marketing company, The Marketing Zen Group.

BusinessWeek named her one of the Top 25 Entrepreneurs Under 25 Years Old.

Fast Company calls her a “master millennial of the universe.”

And, she recently released her first book, “The Zen of Social Media Marketing.”

I guess you could say she’s . . . accomplished.

I was excited, then, that Shama sent me this video for my series, “Best Blogging Tips (Told in Under a Minute)”:

A Book Written for You Alone

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I’d like to tell you about a daydream I had that may be relevant to you and your business. First, though, a story.

A few days ago, my wife and I rescued a dog: Ginger, a seven-year-old Shiba Inu.

We hadn’t planned on rescuing her or any dog for that matter. My wife had been surfing the internet, saw Ginger’s sad-eyed photograph, and asked me to make a call. Nothing serious, mind you. A toe-in-the-water call.

When the shelter told me Ginger was a day away from being euthanized, we jumped in my Jeep, took a day-long roundtrip drive from New Jersey to Virginia and, with the help of several dedicated local rescuers, snagged her.

Once we got her home, we realized we had our work cut out for us.

When we introduced Ginger to our two elderly Shibas, she snarled and lunged at them.

While walking her in the yard, she backed up, dropped to the grass, and jerked her head — maneuvers that seemed designed to free herself from the lead, so she could bolt. (Her owner, in fact, had turned her over to the shelter because she was “an escape artist,” and Ginger had managed to escape from one of her rescuers, who only caught her after the dog had dashed across city roadways and found herself trapped under a parked car.)

We also discovered that, although Ginger can climb stairs, she doesn’t enjoy walking down them. Or, more accurately, she doesn’t enjoy walking down our home’s long staircases.

Since we hadn’t prepared for Ginger’s arrival – it was an emergency thing — we weren’t sure how to handle these problems. While at the pet supply store, I decided to scrutinize the book section. I’m a lifelong book lover, and was sure I could find answers there.

When I saw the section, though, I winced. Staring me in the face were hundreds of dog training books espousing dissimilar philosophies and methods.

I thumbed through training books by monks, celebrities, and associations. I glanced at ones involving food rewards, handheld clickers, unconditional love, tough love, and the principles of wolf pack behavior as applied to humans and dogs. I studied books on high-energy and low-energy dogs. Then there were training books broken down by breed; each lecturing me on how one breed didn’t respond to the same things as the next, and that choosing the wrong training technique could prove disastrous.

Looking through these books was overwhelming. I didn’t want to learn a complicated system. I didn’t want theory or opinion. I didn’t want to pretend I was a wolf.

I just wanted to buy a book that directly dealt with the problems disrupting my household. I wanted to know only what I needed to know.

Standing there, flipping through book after book, reminded me of that daydream I’d mentioned. It came to me last year.

On my kitchen counter sat a pile of mail. In it was a brown padded shipping envelope. It wasn’t clear who’d sent the envelope. I ripped it open and found a slender business book.

Unlike the other business books in my library, this volume wasn’t written for a general audience.It was tightly targeted. Eerily so. Although my name was nowhere in the book, every chapter seemed written for me.

The book was created for positioning consultants, born in Flushing, New York, who were also book-writing coaches and ideation facilitators. This tiny readership, the author said,  considered themselves writers first, and businesspeople second.

I perused the Table of Contents, and saw that the chapter titles were clear-cut questions ripped straight from my life, including “How can I get clients to complete their writing assignments when they’re busy running companies?” and “What are the best ways to stay in contact with prospects without being pushy?”

The content, then, covered a diverse array of mini-subjects, all of keen interest to me. There was material about sales, marketing, content development, project management, people management, self-management, IT, finance, billing, travel, and the like.

Of course, none of the material was comprehensive. It focused only on what most concerned me.

I remember snapping out of my dream, and thinking, “Imagine if a book like that really existed? One that almost read my mind. One that I’d tear through in minutes, because every time I’d turn the page I’d see an issue that mattered dearly to me.”

I hadn’t thought of that daydream again until, as I say, I was standing in the pet supply store combing through a stack of material I didn’t want to read. I decided to act.

Now I’m putting together that dreamed-of business book written just for me. No one else need see it, and it will likely remain a work in progress, since my needs continually change.

Still, taking the time to list and articulate all my pressing concerns, and then doing the thinking, research, and writing needed to compile and experiment with the answers should be of substantial benefit.

You, too, might try creating an advice book written especially for you. How should you begin? Since I’ve never written one, I can’t be sure. Some ideas:

  • Create the book’s title.
  • Spend a couple of days making a list of every business question you’re wrestling with. The more unique the question is to you, the better. For example: “How do I get more clients?” is too general. “How do I get fifteen new clients in two months?” is better.
  • Pick the question that you have the most energy for, and answer it. How? Through any number of means: freewriting, interviewing experts, speaking with clients, and field-testing approaches, among other things.
  • When you’re finished doping out the first question, go to the next one you seem drawn to.

Just making the list of questions and putting all your thinking in one place is bound to help. You’ll get clearer about your problems, and will undoubtedly see options that had eluded you.

As you create your own book, please let me know how things go.

Making Independent Musicians Independent

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My client, Jill Maurer, has a business that’s a week old. It’s called Bukoomusic. Here’s the story behind how it started.

A couple of years ago, Jill and a friend were sipping wine in a restaurant, when they saw a young waiter they hadn’t seen for weeks. They asked where he’d been, and he said he’d been on tour with his band. A couple of the other waiters, in fact, were his band mates. During the upcoming year, the group had lined up over 200 gigs.

Jill was impressed. Here was a group that could write and perform  their own songs, and arrange a lengthy tour. What puzzled her was why they still worked at the restaurant.

The waiter told her that without a record label backing the group, they couldn’t get enough exposure to break into the big time. They were knocking on record company doors, looking for representation, but still hadn’t caught a break.

Jill and her friend were back a few weeks later, when the waiter approached the table with good news. The group’s diligence had paid off, and they had secured a contract with a small label.

Jill again asked when he and his band mates would resign as waiters, so they could concentrate on playing music. The young man said they couldn’t ditch their jobs yet, since the deal they signed gave the label most of the rights to the music, as well as heavy creative control. They signed it because they didn’t think they had any options.

When Jill went home, she couldn’t stop thinking about what she’d heard. The idea that dedicated artists had to sign away the rights to their work and couldn’t make a living wage doing what they were born to do aggravated her.

What’s more, she thought about all the great music the listening public was missing out on, because the labels were acting as gatekeepers. Executives were deciding what constituted sellable music, and some of their decisions were likely based more on the artists’ looks and gimmicks than their sound.

That’s when Jill decided to start Bukoomusic. It would be a website that acted as a central location for all types of independent musicians: professionals, struggling artists, even novices who had never sung before an audience. Anyone who wanted to be on the site, could be on the site. (“Think ‘YouTube for audio,’ says Jill. “Anyone can put their work on YouTube regardless of its quality.”)

The musicians would upload their songs, and could either give them away to the public for nothing, or charge a nominal fee for each download.

Even better, these musicians would retain full rights to their work.

They also wouldn’t have to pay  for uploading their music to the site, and would only pony up a percentage of the actual sales if the public bought a download of one of their songs or albums.

After months of development, Bukoomusic went live last week. Jill, an experienced entrepreneur who cofounded the pioneering software company, SlickEdit, decided to do a soft opening so she could work out any bugs.

As of this writing, seven independent artists have uploaded songs and albums to the site. Take a listen. And, if you have any musical talent yourself . . . .