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Storytelling in crowdfunding

Alex Barrera (@abarrera)˝
http://www.press42.com

#Springboard IoT˝
April 2013
HELLO MY NAME IS...

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Alex Barrera (@abarrera)
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Alex Barrera (@abarrera)
Not for everybody

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Alex Barrera (@abarrera)
Size matters

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Alex Barrera (@abarrera)
Personal

connection

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Alex Barrera (@abarrera)
Personal

connection
VS

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Alex Barrera (@abarrera)
Pre-campaign: Get ready before...

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Alex Barrera (@abarrera)
ate
Lo c

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t i cs
ana
f

Alex Barrera (@abarrera)
Understand your fans

Brave
 Hearts

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Alex Barrera (@abarrera)
Interact
and
involve them

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Alex Barrera (@abarrera)
http://www.slideshare.net/press42

Alex Barrera (@abarrera)
http://www.slideshare.net/press42

Alex Barrera (@abarrera)
http://www.slideshare.net/press42

Alex Barrera (@abarrera)
Avoid words like:
“help”, “support”, or “fund”
http://www.slideshare.net/press42

Alex Barrera (@abarrera)
http://www.slideshare.net/press42

Alex Barrera (@abarrera)
http://www.slideshare.net/press42

Alex Barrera (@abarrera)
http://www.slideshare.net/press42

Alex Barrera (@abarrera)
http://www.slideshare.net/press42

Alex Barrera (@abarrera)
http://www.slideshare.net/press42

Alex Barrera (@abarrera)
Pebbles

MaKey MaKey

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Alex Barrera (@abarrera)
3 types of videos

Product driven

http://www.slideshare.net/press42

Alex Barrera (@abarrera)
3 types of videos
1. Intro of the founder, who and why are you there?
2. Problem
3. Show the product
4. Describe features of the product
5. What will you do with the money
6. Empower your investors
7. Immediate call to action

http://www.slideshare.net/press42

Alex Barrera (@abarrera)
3 types of videos

http://www.slideshare.net/press42

Alex Barrera (@abarrera)
3 types of videos

http://www.slideshare.net/press42

Alex Barrera (@abarrera)
3 types of videos

http://www.slideshare.net/press42

Alex Barrera (@abarrera)
Why do
stories
work?

http://www.slideshare.net/press42

Alex Barrera (@abarrera)
Memory recollection
Causation effect

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Alex Barrera (@abarrera)
Memory recollection
Causation effect
Mirror neurons  Oxytocin

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Alex Barrera (@abarrera)
Memory recollection
Causation effect
Mirror neurons  Oxytocin
Oxytocin  Dopamine

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Alex Barrera (@abarrera)
Golden Circle
What
How

Why

Source: http://www.ted.com/talks/simon_sinek_how_great_leaders_inspire_action.html

http://www.slideshare.net/press42

Alex Barrera (@abarrera)
Golden Circle
What
How

Why

Source: http://www.ted.com/talks/simon_sinek_how_great_leaders_inspire_action.html

http://www.slideshare.net/press42

Alex Barrera (@abarrera)
A story is a universal human experience
wrapped inside a culture-specific expression
Robert McKee

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Alex Barrera (@abarrera)
Story beats
expectation

GAP

result

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Alex Barrera (@abarrera)
http://www.slideshare.net/press42

Alex Barrera (@abarrera)
http://www.slideshare.net/press42

Alex Barrera (@abarrera)
Hero’s journey

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Alex Barrera (@abarrera)
Double Fine Adventures

WTF?

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Alex Barrera (@abarrera)
Double Fine Adventures
1. Off balance WTF

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Alex Barrera (@abarrera)
Double Fine Adventures

You talking to me?!
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Alex Barrera (@abarrera)
Double Fine Adventures
Drumming
Sky diving
Donate to charity
(or something)

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Alex Barrera (@abarrera)
Double Fine Adventures

Games!

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Alex Barrera (@abarrera)
Double Fine Adventures
1. Off balance WTF
2. Audience connection (passion)

http://www.slideshare.net/press42

Personal
story
(credibility)

Alex Barrera (@abarrera)
Double Fine Adventures
1. Off balance WTF
2. Audience connection (passion)

http://www.slideshare.net/press42

Avoid bragging
(Accomplishment
rhetoric)

Alex Barrera (@abarrera)
#1

http://www.slideshare.net/press42

Protagonist

Alex Barrera (@abarrera)
Double Fine Adventures

Adventure games!!
http://www.slideshare.net/press42

Alex Barrera (@abarrera)
Double Fine Adventures
1. Off balance WTF
2. Audience connection (passion)

3. Product introduction

http://www.slideshare.net/press42

Connecting
personal and
professional

Alex Barrera (@abarrera)
Double Fine Adventures

Stuff of dreams and memories...

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Alex Barrera (@abarrera)
Double Fine Adventures

Remember the good ol’ days?
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Alex Barrera (@abarrera)
Double Fine Adventures
1. Off balance WTF
2. Audience connection (passion)

3. Product introduction
4. Problem + nostalgia

http://www.slideshare.net/press42

Blame rhetoric
aka underdog

Alex Barrera (@abarrera)
Double Fine Adventures

http://www.slideshare.net/press42

Alex Barrera (@abarrera)
Story beats
Object of desire	

(conscious or unconscious)

expectation

GAP

antagonists

result

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Alex Barrera (@abarrera)
#2

http://www.slideshare.net/press42

YOU!

Alex Barrera (@abarrera)
Double Fine Adventures
1. Off balance WTF
2. Audience connection (passion)

3. Product introduction
4. Problem + nostalgia

5. Call to adventure!!!

http://www.slideshare.net/press42

Hero’s
Journey
(wise guy)
Alex Barrera (@abarrera)
Double Fine Adventures
Noooooorggg!!!

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Alex Barrera (@abarrera)
Double Fine Adventures
5. Call to adventure
6. Refusal of the call

http://www.slideshare.net/press42

Problem with
publishers

Alex Barrera (@abarrera)
Double Fine Adventures
I’ll pay you!

http://www.slideshare.net/press42

Alex Barrera (@abarrera)
Double Fine Adventures
5. Call to adventure
6. Refusal of the call
7. Implicit call to action

http://www.slideshare.net/press42

Alex Barrera (@abarrera)
Double Fine Adventures

Not enough...
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Alex Barrera (@abarrera)
Double Fine Adventures
5. Call to adventure
6. Refusal of the call
7. Implicit call to action

8. Group action call!

http://www.slideshare.net/press42

Alex Barrera (@abarrera)
Double Fine Adventures

But
 maybe...

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Alex Barrera (@abarrera)
Double Fine Adventures

Down with the
publishers!!

http://www.slideshare.net/press42

Alex Barrera (@abarrera)
Double Fine Adventures
5. Call to adventure
6. Refusal of the call
7. Implicit call to action

8. Group action call!
9. Starts believing (Spark)

http://www.slideshare.net/press42

Underdog
theme
Alex Barrera (@abarrera)
Double Fine Adventures

EUREKA!!

http://www.slideshare.net/press42

Alex Barrera (@abarrera)
Double Fine Adventures
9. Starts believing (Spark)
10. Solution

http://www.slideshare.net/press42

Alex Barrera (@abarrera)
Double Fine Adventures
Meet the team

http://www.slideshare.net/press42

Alex Barrera (@abarrera)
Double Fine Adventures

Just
 in
 case
 you
 forgot...

http://www.slideshare.net/press42

Alex Barrera (@abarrera)
Double Fine Adventures
9. Starts believing (Spark)
10. Solution
11. Team intro + background

http://www.slideshare.net/press42

Alex Barrera (@abarrera)
Double Fine Adventures

Fuck off!

http://www.slideshare.net/press42

Alex Barrera (@abarrera)
Double Fine Adventures
He’ll help... I hope!

http://www.slideshare.net/press42

Alex Barrera (@abarrera)
Double Fine Adventures
9. Starts believing (Spark)
10. Solution
11. Team intro + background
12. Call to action (team)

http://www.slideshare.net/press42

Alex Barrera (@abarrera)
Double Fine Adventures

Rewards, rewards!

http://www.slideshare.net/press42

Alex Barrera (@abarrera)
Double Fine Adventures

This is how cool it will be...
http://www.slideshare.net/press42

Alex Barrera (@abarrera)
Double Fine Adventures
9. Starts believing (Spark)
10. Solution
11. Team intro + background
12. Call to action (team)
13. Rewards

http://www.slideshare.net/press42

Alex Barrera (@abarrera)
Double Fine Adventures

Nerd

2

http://www.slideshare.net/press42

Alex Barrera (@abarrera)
Double Fine Adventures
9. Starts believing (Spark)
10. Solution
11. Team intro + background
12. Call to action (team)
13. Rewards
14. Extra connection (passion)

http://www.slideshare.net/press42

Alex Barrera (@abarrera)
Double Fine Adventures

http://www.slideshare.net/press42

Alex Barrera (@abarrera)
Double Fine Adventures
14. Extra connection (passion)

Adventure,
no fear, brave

http://www.slideshare.net/press42

15. Crossing first threshold

Alex Barrera (@abarrera)
Double Fine Adventures

http://www.slideshare.net/press42

Alex Barrera (@abarrera)
Double Fine Adventures

Not
 only
 collaboration...
 but
 COOL!

http://www.slideshare.net/press42

Alex Barrera (@abarrera)
Double Fine Adventures
14. Extra connection (passion)
15. Crossing first threshold
16. Repeat involvement (status)

http://www.slideshare.net/press42

Alex Barrera (@abarrera)
Double Fine Adventures

http://www.slideshare.net/press42

Alex Barrera (@abarrera)
Double Fine Adventures

http://www.slideshare.net/press42

Alex Barrera (@abarrera)
Double Fine Adventures
14. Extra connection (passion)
15. Crossing first threshold
16. Repeat involvement (status)
17. Pleaded funds

http://www.slideshare.net/press42

Security,
underdog budget

Alex Barrera (@abarrera)
Double Fine Adventures

http://www.slideshare.net/press42

Alex Barrera (@abarrera)
Double Fine Adventures

http://www.slideshare.net/press42

Alex Barrera (@abarrera)
Double Fine Adventures
14. Extra connection (passion)
15. Crossing first threshold
16. Repeat involvement (status)
17. Pleaded funds
18. Final WTF
19. Final call to action

http://www.slideshare.net/press42

Alex Barrera (@abarrera)
http://www.slideshare.net/press42

Alex Barrera (@abarrera)
Avoid Silos

http://www.slideshare.net/press42

Alex Barrera (@abarrera)
Story structure
1. Intro of the founder, who and why are you there?
2. Problem
3. Show the product
4. Describe features of the product
5. What will you do with the money
6. Empower your investors
7. Immediate call to action

http://www.slideshare.net/press42

Alex Barrera (@abarrera)
Double Fine Adventures
1. Off balance WTF
2. Audience connection (passion)

3. Product introduction
4. Problem + nostalgia

5. Call to adventure!!!

http://www.slideshare.net/press42

Hero’s
Journey
(wise guy)
Alex Barrera (@abarrera)
Double Fine Adventures
5. Call to adventure
6. Refusal of the call
7. Implicit call to action

8. Group action call!
9. Starts believing (Spark)

http://www.slideshare.net/press42

Underdog
theme
Alex Barrera (@abarrera)
Double Fine Adventures
9. Starts believing (Spark)
10. Solution
11. Team intro + background
12. Call to action (team)
13. Rewards
14. Extra connection (passion)

http://www.slideshare.net/press42

Alex Barrera (@abarrera)

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Storytelling for CrowdFunding