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How to Build a Remarkable Brand in the Age of AI | Seth Godin — Transcript

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  1. 0:00Successful brands are built with your
  2. 0:03customers talking about you, not you
  3. 0:05talking about you.
  4. 0:07So, some people,
  5. 0:09because that's where the money is, think
  6. 0:11marketing is about spend.
  7. 0:13Right? It's not. Marketing is about
  8. 0:15creating the conditions
  9. 0:18for other people to eagerly spread your
  10. 0:20idea.
  11. 0:38All right, welcome to the Entrepreneur
  12. 0:40Studio podcast. I'm your host Chris
  13. 0:42Allen, and today we have in the studio
  14. 0:45the one and only Seth Godin, and he's
  15. 0:47joining us virtually for an in-depth
  16. 0:49conversation on the future of marketing
  17. 0:51and building brands that matter. Seth,
  18. 0:54welcome to the show. Thanks for joining
  19. 0:55us. Well, thanks for having me. It's a
  20. 0:57pleasure. Yeah.
  21. 0:59Well, you know, you've uh you've spent
  22. 1:00decades, you know, working with brands
  23. 1:02and organizations to rethink how
  24. 1:04marketing actually works, but I think
  25. 1:06what we'd like to know is what are you
  26. 1:08seeing today in this moment uh of how
  27. 1:10marketing may be changing and how some
  28. 1:13things may remain the same in the
  29. 1:14future?
  30. 1:16Well, let's get our terms right, cuz
  31. 1:18still, 40 years later, people don't
  32. 1:20understand what marketing is. So, we
  33. 1:22can't talk about how it's changing till
  34. 1:23we talk about what it is.
  35. 1:25It's not hustle or hype or getting the
  36. 1:27word out. It's not promo. It's not
  37. 1:30interrupting people. It's not even
  38. 1:31buying ads.
  39. 1:33Those things worked really well in 1973.
  40. 1:37That if you bought an ad on MASH,
  41. 1:40you were going to reach 70 million
  42. 1:41Americans all at once. It was bigger
  43. 1:43than the Super Bowl every week.
  44. 1:46And so, you needed to make average
  45. 1:47products for average people, cuz it was
  46. 1:49average people that would see your ads.
  47. 1:53And the internet completely turned all
  48. 1:55of this upside down.
  49. 1:56Permission is the idea of delivering
  50. 1:58anticipated, personal, and relevant
  51. 2:00messages that people want to get them.
  52. 2:02Not spamming them, but being missed if
  53. 2:04you were gone.
  54. 2:05And most of the time
  55. 2:08successful brands are built with your
  56. 2:10customers talking about you, not you
  57. 2:13talking about you.
  58. 2:14So,
  59. 2:15some people
  60. 2:17because that's where the money is, think
  61. 2:18marketing is about spend.
  62. 2:21It right? It's not. Marketing is about
  63. 2:23creating the conditions
  64. 2:25for other people to eagerly spread your
  65. 2:28idea.
  66. 2:30So, now, to answer your question,
  67. 2:33it's becoming really clear because in an
  68. 2:35era of AI, in an era of too much noise
  69. 2:38and not enough attention,
  70. 2:41it's almost impossible to hustle your
  71. 2:42way to success. It feels like that's the
  72. 2:45only option, but it's not an option. It
  73. 2:46doesn't work.
  74. 2:48All the reality is is it's all about
  75. 2:50people, about stories. That's one of the
  76. 2:51things that's been meaningful about the
  77. 2:53work that you've done is that's the
  78. 2:54thing that's not changing is people are
  79. 2:56still going to be the buyers. AI
  80. 2:58not anytime soon are they going to be
  81. 3:00the buyers, right? So, this is about
  82. 3:02This is about people. Yeah, when AI is
  83. 3:04the buyer, you're going to lose.
  84. 3:07Right? If you If your business is built
  85. 3:09on answering RFPs and being the
  86. 3:10cheapest,
  87. 3:12and you can be the cheapest and succeed,
  88. 3:14congratulations. Your job is easy. You
  89. 3:15don't need any marketing help.
  90. 3:17Right? That Walmart grew and grew and
  91. 3:19grew cuz it was like, "We got average
  92. 3:21stuff and it's cheaper than anywhere
  93. 3:22else. Come buy it."
  94. 3:24But that's not why you need a marketing
  95. 3:25department. You need a marketing
  96. 3:26department to sell things that people
  97. 3:28think are worth it that aren't easily
  98. 3:31measured, things that are worth it that
  99. 3:33aren't the cheapest.
  100. 3:35And when an AI shows up, it's hard to
  101. 3:37teach it that. So, it just goes and buys
  102. 3:39the cheap one. And if that's what's
  103. 3:41going to happen, you're going to race to
  104. 3:42the bottom, and that's not going to be
  105. 3:44good.
  106. 3:47Well, I think one of the things about
  107. 3:48the storytelling aspect
  108. 3:51uh uh
  109. 3:52that conveys a lot of value, right? How
  110. 3:54do you think in the in small business
  111. 3:57today that's having to face this sort of
  112. 3:59technology challenge uh with adopting AI
  113. 4:02and learning how to use it and leverage
  114. 4:04it, but also trying to have that people
  115. 4:06element,
  116. 4:07the story is the thing that kind of
  117. 4:09connects the dots. Can you just talk us
  118. 4:11through how a small business should be
  119. 4:13thinking about storytelling in their
  120. 4:14business?
  121. 4:16Well, here's the key fork in the road
  122. 4:17with AI.
  123. 4:19The current cycle is cost reduction.
  124. 4:22How can I use AI
  125. 4:24to use less people, spend less money?
  126. 4:27And you can't cost reduce yourself to
  127. 4:28greatness.
  128. 4:29So,
  129. 4:31that's quickly going to be replaced by
  130. 4:32the opportunity to use AI to make things
  131. 4:35better, to use AI to make your work
  132. 4:37harder, but more valuable.
  133. 4:40And
  134. 4:41where do we go when we want to tell a
  135. 4:43story? It begins with a simple question.
  136. 4:47Who do you want to help your customers
  137. 4:49become?
  138. 4:51And then the second question is, what
  139. 4:53are their customers hiring you to do?
  140. 4:56And they're probably related.
  141. 4:59When you help someone get to where they
  142. 5:01want to go all along, you don't have to
  143. 5:03push very hard.
  144. 5:04On the other hand, if you're trying to
  145. 5:06persuade people who think you're wrong
  146. 5:08that you're right,
  147. 5:09you don't have enough time or money to
  148. 5:10do that.
  149. 5:12That's so true.
  150. 5:13Uh how do you build trust in this in
  151. 5:15this uh sort of AI-driven world, right?
  152. 5:18Cuz you've talked a lot about uh the
  153. 5:20philosophical operating system, how the
  154. 5:22bedrock of the connection with people is
  155. 5:24trust. How do you do that today?
  156. 5:27Yeah, so what's a brand? A brand is not
  157. 5:29a logo.
  158. 5:30A brand is a promise. It's an
  159. 5:32expectation. The example I like to use
  160. 5:34is this.
  161. 5:35If Hyatt Hotels announced that they were
  162. 5:37coming out with a line of sneakers,
  163. 5:39we have no idea what it would be like.
  164. 5:42But if Nike announced they were opening
  165. 5:44a hotel, we know exactly what it would
  166. 5:46be like.
  167. 5:47Because Nike has a brand and Hyatt has a
  168. 5:49logo.
  169. 5:50So, you make a promise when you show up.
  170. 5:54And trust is super simple. Trust is, do
  171. 5:57I think you're going to keep your
  172. 5:58promise? Did you keep your promise? So,
  173. 6:00if you make audacious
  174. 6:03promises constantly and you don't keep
  175. 6:06them,
  176. 6:07then you're the Wizard of Oz. I don't
  177. 6:09trust you.
  178. 6:10But if you make real promises and keep
  179. 6:13them when it's hard, especially when
  180. 6:16it's hard, that's how you build trust.
  181. 6:19Who do you think uh does that really
  182. 6:21well? Just in your experience.
  183. 6:24You know, you got Nike that knows how to
  184. 6:25do that and deliver on their promise.
  185. 6:27But like just that layer of trust, who
  186. 6:29do you think really does that really
  187. 6:31well in your experience? So,
  188. 6:34think of a brand
  189. 6:36that you admire.
  190. 6:38You just found one.
  191. 6:40Right? So, they don't have to be famous
  192. 6:41brands. I just bought a a replacement
  193. 6:43for the glasses I'm wearing because my
  194. 6:45prescription changed and that company
  195. 6:47that used to sell them doesn't make them
  196. 6:48anymore.
  197. 6:49So, I bought them from this other
  198. 6:50company and they came in just a little
  199. 6:53bit off.
  200. 6:54And it was online and it you know, I was
  201. 6:56like, I'm never going to hear from them.
  202. 6:5920 minutes later they wrote back. We had
  203. 7:01two interactions with an optician and
  204. 7:03they're going to make it right. So, am I
  205. 7:05going to trust them next time? Well, of
  206. 7:07course I am.
  207. 7:08That is worth so much more than a Super
  208. 7:11Bowl ad.
  209. 7:12That the opportunity when a customer
  210. 7:15raises their hand and says something's a
  211. 7:17challenge, it's in that moment when
  212. 7:21trust is on
  213. 7:24order, right? And if you say, well, due
  214. 7:26to unusually heavy call volume our phone
  215. 7:28trees have changed, please leave a
  216. 7:30message and the AI will call you back.
  217. 7:32You just made a very clear statement
  218. 7:35about your marketing priorities and
  219. 7:36about whether I could trust you or not.
  220. 7:39It's a A really powerful way to look at
  221. 7:41it. You know, um
  222. 7:43You know, I've heard it said that, you
  223. 7:45know, a company may own its brand, but
  224. 7:47the rest of the world owns its
  225. 7:48reputation. Yeah. And
  226. 7:51it goes really clearly into what you're
  227. 7:53saying. And the thing that's really
  228. 7:54interesting in a lot of companies is the
  229. 7:55marketing team is like, I own the brand.
  230. 7:59But I think you probably have a little
  231. 8:00bit different of a point of view about
  232. 8:02marketing's contribution to the brand
  233. 8:04and what the rest of the business is
  234. 8:06really doing to deliver on the brand.
  235. 8:09>> So, talk to us talk to us about where
  236. 8:11they get it wrong and where we get it
  237. 8:12right.
  238. 8:13The first piece of business advice I got
  239. 8:14was in 19
  240. 8:1681. When I got off 82, I got offered a
  241. 8:18job two different jobs.
  242. 8:20And I said to my old professor, uh
  243. 8:23I want to work for a marketing-driven
  244. 8:25company cuz I'm a marketer. He said, "Do
  245. 8:27you want to work for a marketing-driven
  246. 8:28company or a market-driven company?"
  247. 8:31And I said, "What's the difference?" He
  248. 8:32George said, "A marketing-driven company
  249. 8:35is run by the marketing department.
  250. 8:37A market-driven company is there to
  251. 8:39serve the market.
  252. 8:41So, let's think about, I don't know, a
  253. 8:42famous German car company that makes
  254. 8:44diesel cars. So, five engineers and some
  255. 8:49accountants get together and they decide
  256. 8:50to come up with a scheme to write some
  257. 8:53code that will defeat the European
  258. 8:56emissions tests and allow them to cheat.
  259. 8:59And it ends up being a huge scandal and
  260. 9:02costs them a billion dollars in fines.
  261. 9:05And the question is, was that a good
  262. 9:07marketing move or not?
  263. 9:09And cuz that's what it was, was a
  264. 9:11marketing move. But the marketing
  265. 9:13department probably wasn't in the room.
  266. 9:15Probably not.
  267. 9:16>> So,
  268. 9:17everything your company does that
  269. 9:19touches the market, how you design
  270. 9:21things, how you answer the phone, how
  271. 9:23much you charge, what kind of stuff
  272. 9:25you're dumping in the river, those are
  273. 9:27all marketing decisions. And if you're
  274. 9:29not touching them, then you're not
  275. 9:30really in charge of the marketing.
  276. 9:33So true. And that everything you just
  277. 9:34talked about is a team sport.
  278. 9:36And,
  279. 9:37>> you know,
  280. 9:39how do you think
  281. 9:41best
  282. 9:42like small businesses maybe don't have
  283. 9:44all of the team inside of their
  284. 9:47business?
  285. 9:48How do you think
  286. 9:49a small business should think about that
  287. 9:51teamwork right at a small scale and it'd
  288. 9:54be great for you to talk about at a
  289. 9:56larger scale how teams can better work
  290. 9:58together to really understand that
  291. 10:00the brand really is built as a team.
  292. 10:03This is a great question.
  293. 10:05Um
  294. 10:07inside the organization big or small,
  295. 10:10people are keeping track of something.
  296. 10:13At an investment bank, they're keeping
  297. 10:15track of their bonus and how much money
  298. 10:17they made today.
  299. 10:19But that's not true at almost any other
  300. 10:20company.
  301. 10:21Mostly we're keeping track of what will
  302. 10:23I tell my boss?
  303. 10:24Will this get me in trouble?
  304. 10:26Is this going to be a hassle? Am I
  305. 10:28taking a risk? What am I getting
  306. 10:30measured on?
  307. 10:31And if you're relying on a false proxy,
  308. 10:33something that's easy to measure,
  309. 10:36but not helpful, you're going to keep
  310. 10:37measuring it and you're going to go in
  311. 10:39the wrong direction.
  312. 10:40So, you know, back in the early days of
  313. 10:44email marketing,
  314. 10:45if you had an employee who was walking
  315. 10:48out the door, stealing laptops and
  316. 10:50staplers and selling them,
  317. 10:52you'd fire them.
  318. 10:54But if you've got someone on your team
  319. 10:55who's emailing large numbers of people
  320. 10:58to make the quarterly numbers work,
  321. 10:59you're letting them get away with it and
  322. 11:01it's costing you way more money than
  323. 11:02some stolen laptop.
  324. 11:04So, what do we measure? What actually
  325. 11:07happens in meetings?
  326. 11:08What are we keeping score of? What
  327. 11:10question do we ask?
  328. 11:12If you ask the right question, you will
  329. 11:15be amazed at how quickly the mission of
  330. 11:19the organization, its purpose,
  331. 11:21becomes clear.
  332. 11:22And so, you know, when I was talking
  333. 11:24about email marketing in the '90s and
  334. 11:26the
  335. 11:26'00s, I encouraged companies to put up
  336. 11:29two big numbers It's the wall where
  337. 11:30everyone could see them when they walked
  338. 11:32in. One number is
  339. 11:34how many people
  340. 11:35subscribe to hear from us.
  341. 11:37And the second number is what percentage
  342. 11:39of them opened the last email we sent.
  343. 11:42If those are the two numbers that
  344. 11:43everybody sees on their way in,
  345. 11:45you can bet people are going to change
  346. 11:47their behavior to make those numbers go
  347. 11:49up.
  348. 11:50And when I was at Yahoo,
  349. 11:52the thing that wrecked the company
  350. 11:55was the stock ticker.
  351. 11:56Because there were 3,000 people who sat
  352. 11:59there all day long watching the stock
  353. 12:00price.
  354. 12:01And if they did something that made it
  355. 12:02go up in one day, they did it more.
  356. 12:05And you can make it go up in one day,
  357. 12:07but it doesn't go up in one year if
  358. 12:09you're doing the wrong thing.
  359. 12:11I would say because I've worked, you
  360. 12:13know, in public companies before and
  361. 12:15that tendency to hit that quarterly
  362. 12:18earnings number uh
  363. 12:21I mean, it's a it's a tough one to
  364. 12:22really operate a business and deliver on
  365. 12:25your your your brand promise
  366. 12:28when you've got a you've got to send the
  367. 12:30price out there, you've got to raise it
  368. 12:31up, you've got to you know, do these
  369. 12:33things that really erode
  370. 12:35what you've been spending all this time
  371. 12:37as a marketer trying to do to help us
  372. 12:38show up authentic, show off that people
  373. 12:41can believe what we're doing, that we
  374. 12:42you know, I mean, all of those kinds of
  375. 12:43thing. It's it's a real trap in a big
  376. 12:45way, the measuring the wrong thing.
  377. 12:47Yeah, well said. Well, just speaking of
  378. 12:50authenticity,
  379. 12:51what are some of the things like I'd
  380. 12:53love to give you I would love for you to
  381. 12:56if you if if it's something that you can
  382. 12:57do it this way cuz I'm basically asking
  383. 12:59for a friend
  384. 13:00>> work on the fly, but Mhm. I'd love some
  385. 13:02this not that
  386. 13:03on maintaining authenticity
  387. 13:06Yeah. in in your messaging and also on
  388. 13:09the maybe on the internal, too. I'd love
  389. 13:10for you to go like do more of this,
  390. 13:12maybe not a lot of that. Yeah. Well, for
  391. 13:15people listening at home, we didn't
  392. 13:17practice this. Mhm.
  393. 13:20But I was totally waiting for you to ask
  394. 13:22me about authenticity cuz authenticity
  395. 13:23is a crock. Authenticity is overrated.
  396. 13:26Authenticity is a trap.
  397. 13:28Authenticity is for your best friend.
  398. 13:30Authenticity might be for your family.
  399. 13:33Authenticity is not for your customers.
  400. 13:35Because if your surgeon is authentically
  401. 13:38in a bad mood, you don't want them to do
  402. 13:40a lousy job on your knee implant. Right?
  403. 13:42That if the server at the International
  404. 13:45House of Pancakes, home of foreign food,
  405. 13:47if you go there
  406. 13:48and they're in a really bad mood, you
  407. 13:49don't want them to spill syrup all over
  408. 13:51you. Authenticity is not what you're
  409. 13:53asking for. You're asking for
  410. 13:55consistency.
  411. 13:58Consistency is what professionals do.
  412. 14:00Consistency is what we buy when we pay
  413. 14:03money
  414. 14:04to a brand or call a company or small
  415. 14:06business. Consistency is what your
  416. 14:09employees want when they get paid,
  417. 14:11right? They don't want the check to come
  418. 14:12Wednesdays and sometimes on Fridays and
  419. 14:14sometimes be a little higher and
  420. 14:15something. They want it to be
  421. 14:17consistent. So as soon as we can say
  422. 14:21and actors have no problem with this,
  423. 14:23right? George Clooney doesn't say, "Oh,
  424. 14:25George Clooney would never say that."
  425. 14:26Because he's not George Clooney, he's an
  426. 14:28actor.
  427. 14:29Well,
  428. 14:31a small business says
  429. 14:33"We're looking at a customer and we're
  430. 14:35saying we make these ballet slippers
  431. 14:38and we think they will help you." But
  432. 14:39they don't actually do ballet. They are
  433. 14:4260-year-old white guys with pot bellies.
  434. 14:44They're making something for someone
  435. 14:46else. Empathy.
  436. 14:48So what we're looking for is the
  437. 14:50ability, the commitment to adopt
  438. 14:54a fake authenticity that is called
  439. 14:56consistency.
  440. 14:58To say, "No matter which angle you look
  441. 14:59at us from, we're going to be like this.
  442. 15:02We're not going to talk about you behind
  443. 15:03your back. We're not going to manipulate
  444. 15:05you. We're not going to sneak things
  445. 15:07into the contract when you're not
  446. 15:09looking. We're going to be consistently
  447. 15:11the people we say we are."
  448. 15:14And if you want to go home and do some
  449. 15:16other weird thing, that's on your time.
  450. 15:18But when we're here, we're consistently
  451. 15:22doing the thing we promised and we don't
  452. 15:25care about being authentic.
  453. 15:28Great. I love this answer.
  454. 15:30And one of the things that uh I would
  455. 15:32say has been just in the past couple of
  456. 15:34minutes we've been chatting the theme uh
  457. 15:38of bringing that consistency to life
  458. 15:39really has a lot to do with being
  459. 15:41intentional about your culture. You got
  460. 15:43to You got to live by some similar rules
  461. 15:46to deliver with that kind of you know
  462. 15:47consistency. So
  463. 15:50tell us the Seth Godin you know uh sort
  464. 15:53of culture building at you know advice
  465. 15:55of how we can do this better as
  466. 15:56businesses.
  467. 15:59Well, I have it easy and I have it hard.
  468. 16:01And the reason is cuz there's only me. I
  469. 16:04don't have any meetings cuz no one goes
  470. 16:06but me.
  471. 16:07Um
  472. 16:08but it's hard because that means there
  473. 16:12isn't anyone to bounce things around
  474. 16:14with.
  475. 16:15So what I decided over the years
  476. 16:18as my organization got bigger and
  477. 16:20smaller is there is a role
  478. 16:23named Seth Godin.
  479. 16:25And it's not the person you might have
  480. 16:26dinner with. It's not the person you
  481. 16:28went to summer camp with. It's the role
  482. 16:30of Seth Godin.
  483. 16:32The same way Patagonia has that voice.
  484. 16:36There's no difference.
  485. 16:38And so small businesses get hung up
  486. 16:40because small businesses are usually a
  487. 16:42bunch of freelancers who are working on
  488. 16:45their own hustling to make a buck per
  489. 16:47hour.
  490. 16:48And so it feels like it's personal.
  491. 16:51But it's not. You're playing a role. So
  492. 16:54here's a great vivid example.
  493. 16:57Uh 25 years ago
  494. 16:59in my 100-year-old house the heat broke
  495. 17:01completely in the winter when it only it
  496. 17:03only breaks in the winter. And I called
  497. 17:06four different firms to come replace the
  498. 17:08boiler give us a estimate whatever.
  499. 17:11First guy comes
  500. 17:12and he's not the owner of the business.
  501. 17:15He is the technician.
  502. 17:17He walks into the house, he puts
  503. 17:19slippers on.
  504. 17:20I said, "You're going to the basement,
  505. 17:21you don't have to wear slippers." He
  506. 17:22says, "No,
  507. 17:23we wear slippers."
  508. 17:25And then he hands me a clipboard. He
  509. 17:27said, "While I'm downstairs, look this
  510. 17:28over."
  511. 17:29It's the names of 25 of the people
  512. 17:32within 1 mile of your house and their
  513. 17:34phone numbers who have agreed that if
  514. 17:36you want to call them for a referral,
  515. 17:38they will answer the call.
  516. 17:40Wow. And when he got back up to the top
  517. 17:41of the stairs,
  518. 17:43I said,
  519. 17:44"You're hired." And I canceled the other
  520. 17:46three calls.
  521. 17:48Because this is all I wanted. Right? All
  522. 17:51I wanted was a firm that played the role
  523. 17:54of we are professionals and we care, not
  524. 17:58I'm a guy with a screwdriver and I'll
  525. 18:00say whatever I feel like.
  526. 18:02So, we can act like Patagonia because we
  527. 18:05can say,
  528. 18:06"People are watching. Nothing's off the
  529. 18:08record. Everyone's watching all the
  530. 18:10time. How do we want to behave when we
  531. 18:13know our mom is watching or our
  532. 18:15customer's watching or our competitors
  533. 18:16are watching? If we always do that, we
  534. 18:19never have to worry about keeping our
  535. 18:20story straight."
  536. 18:22That's amazing.
  537. 18:23One of the things that you've done a
  538. 18:25really good job uh
  539. 18:26at articulating over the years is, you
  540. 18:28know, obviously marketing uh
  541. 18:30demystifying marketing, right? There's a
  542. 18:33uh I would say that there as marketers,
  543. 18:35you know, as a marketer myself,
  544. 18:37you know, there's a some bad behaviors
  545. 18:39and things that develop reputations in
  546. 18:41different markets and things like that.
  547. 18:42Like you talked about with email
  548. 18:43marketing and some of the other things
  549. 18:44that that have gone out there.
  550. 18:47But I think one of the things marketers
  551. 18:49struggle with is trying to
  552. 18:51differentiate.
  553. 18:52And trying to do something meaningful or
  554. 18:55or or say something remarkable in such a
  555. 18:59crowded world. And I love, you know, I
  556. 19:01just wanted to you to just do the purple
  557. 19:03cow, you know,
  558. 19:04>> Sure.
  559. 19:05thing just to unpack that for everybody.
  560. 19:08Yeah, we'll come back to differentiation
  561. 19:09in a minute, but But talk about
  562. 19:10remarkable first.
  563. 19:12Early on we talked about the idea
  564. 19:14that the word is going to spread cuz
  565. 19:16your customers talk about you not cuz
  566. 19:17you talk about you.
  567. 19:19Okay, what are they going to say?
  568. 19:21If you don't give them something to say,
  569. 19:23they're not going to say anything.
  570. 19:25They're not going to talk about some
  571. 19:26gimmick you had. They're not going to
  572. 19:28talk about how hard you're trying to put
  573. 19:30your kid through college. They're not
  574. 19:32going to talk about how desperate you
  575. 19:33are for them to make cash flow.
  576. 19:36They're going to talk about something
  577. 19:36that helps them.
  578. 19:38They will talk about something that
  579. 19:40raises their status or gives them
  580. 19:42affiliation or them insider uh
  581. 19:45status. If you give them that to talk
  582. 19:48about,
  583. 19:49they will talk about you.
  584. 19:52And we can
  585. 19:54create that. So, in New York City there
  586. 19:57are 50,000 restaurants.
  587. 19:59And if a restaurant shut, very few
  588. 20:02people would miss it.
  589. 20:03On Broadway and 90th Street about 30
  590. 20:06years ago they opened a restaurant
  591. 20:07called Carmine's. It's an Italian
  592. 20:08restaurant.
  593. 20:10Carmine's did two things, maybe three.
  594. 20:12Three. One, they served more garlic than
  595. 20:15it was reasonable to eat.
  596. 20:17Two,
  597. 20:18they served portions that were twice as
  598. 20:21big as any other restaurant, meant for
  599. 20:23sharing. And three, you couldn't get a
  600. 20:25reservation unless you had a party of
  601. 20:27six or more.
  602. 20:30As a result,
  603. 20:32when you went to work the next day you
  604. 20:33had to tell everyone where where you
  605. 20:34went last night cuz A, it was a party,
  606. 20:36and B, you smelled like garlic, and C,
  607. 20:38you had a great story to tell about how
  608. 20:39much insane food that they served you.
  609. 20:42And then if someone said, "Well, we
  610. 20:43should go back." You had to go find four
  611. 20:46other people to join you or you couldn't
  612. 20:47get a reservation.
  613. 20:49So, built into the dynamic of Carmine's
  614. 20:52restaurant is the engine of
  615. 20:54remarkability, the thing that makes it
  616. 20:56worth talking about.
  617. 20:58Most small businesses say, "You can pick
  618. 21:00anyone and we're anyone."
  619. 21:03And if that's what you're saying and
  620. 21:05you're hoping you're going to win some
  621. 21:06Google search,
  622. 21:07Uh you're going to hold your breath for
  623. 21:08a long time.
  624. 21:11I love it. Well, I'd say
  625. 21:13differentiation, right, is the is the
  626. 21:15thing that
  627. 21:16uh we're trying to do in a in a big way
  628. 21:18to stand out.
  629. 21:20And I think one of the things that's
  630. 21:22been interesting with social media has
  631. 21:25made this idea of
  632. 21:27um
  633. 21:28I'm going to just call it personal
  634. 21:29branding for just a second a much more
  635. 21:31accessible thing than maybe you just
  636. 21:34have access to media. The the personal
  637. 21:36brands back in the day, right, you you
  638. 21:39didn't have access to mass media. It
  639. 21:40was, you know, print and and things.
  640. 21:43And TV and maybe movies. And and so
  641. 21:47what's happening with companies is, you
  642. 21:49know, this idea that there are a few
  643. 21:51voices and faces that tend to show up to
  644. 21:53support these brands.
  645. 21:56How important do you think
  646. 21:58the personal branding element
  647. 22:01within a company brand, how can those
  648. 22:04sort of work in concert and where do
  649. 22:07they sort of break apart?
  650. 22:09Yeah. Um well, I'd love to hear about
  651. 22:11some of the things that you're working
  652. 22:12on, but uh the short version is everyone
  653. 22:15has a personal brand.
  654. 22:17And if you're not doing anything with
  655. 22:18it, well, that's what your personal
  656. 22:19brand is.
  657. 22:21But a brand is again, what do I expect
  658. 22:24when I hear from you?
  659. 22:25The magic of a human being as an avatar
  660. 22:30for a brand is human beings are
  661. 22:32complicated. They have a lot of surface
  662. 22:34area. They can do things that are
  663. 22:36appropriately remarkable that a faceless
  664. 22:39brand has trouble with.
  665. 22:41Downside, of course, you can't own a
  666. 22:43person and that person might let you
  667. 22:46down.
  668. 22:47And so like, you know, when I was at
  669. 22:50Yahoo the first few months I was there,
  670. 22:52they were delighted to have me going
  671. 22:54around
  672. 22:55being a personal brand connected with
  673. 22:58this.
  674. 22:59But as the stock
  675. 23:02price went up and decided to get more
  676. 23:03conservative, they said, "You know, we
  677. 23:06don't want anybody to be the face of
  678. 23:07Yahoo."
  679. 23:08I was like, "Fine with me. That's too
  680. 23:10much responsibility anyway."
  681. 23:12Um and so, I don't think this really
  682. 23:14makes sense for a public company
  683. 23:17unless it's some, you know, crazy
  684. 23:19billionaire who owns a lot of the stock.
  685. 23:21I do think it makes it a lot of sense
  686. 23:23for smaller organizations to put a face
  687. 23:26on what they're doing. But that person
  688. 23:29has to understand it's not really them.
  689. 23:33It's just someone who looks like them.
  690. 23:35Cuz if they try to do the authenticity
  691. 23:37thing and talk about how much how
  692. 23:39annoyed they were when they dropped
  693. 23:40their kid off at school this morning,
  694. 23:42now it it's not a person helping a
  695. 23:44brand, it's a brand giving a person a
  696. 23:46platform to just talk about themselves,
  697. 23:48which isn't the point.
  698. 23:52I think um one of the things that's
  699. 23:54really interesting is when uh
  700. 23:57you have uh
  701. 23:58somebody being sponsored by a brand and
  702. 24:01it kind of goes wrong.
  703. 24:03You know, when you have an internal
  704. 24:04person, at least they know they want to
  705. 24:06keep their job. The external person, you
  706. 24:09know, has that.
  707. 24:09>> Yeah. Well, you know, I've I've heard um
  708. 24:12I want to talk about social media just
  709. 24:14for a second because,
  710. 24:16you know, I'd say this this medium uh
  711. 24:19has I'd say grown in significance uh
  712. 24:22even more. It Popularity has been one
  713. 24:25thing that social media was. But now,
  714. 24:28I'd say as this medium has grown and
  715. 24:30developed, there's there's more
  716. 24:31significance to it.
  717. 24:34Um and so, one of the things that I'd
  718. 24:35love to just hear you talk about, you
  719. 24:37know, this idea of uh uh people and
  720. 24:39brands cuz it what happens, you know, I
  721. 24:41I I have I had a friend say it's the
  722. 24:43faces in your feed that slow your
  723. 24:45scroll.
  724. 24:46And you have this idea of corporations
  725. 24:49trying to participate in social media
  726. 24:51and they really, really struggle. And
  727. 24:53then you have the people
  728. 24:54uh that have all of the voices and where
  729. 24:56all the influencers have come from.
  730. 24:59So, I What's your commentary on that
  731. 25:01What's What's going on with social media
  732. 25:04and the significance of it that's really
  733. 25:06contributed to building companies?
  734. 25:09Well, let's begin with this. I talked
  735. 25:10about false proxies earlier.
  736. 25:13Mark Zuckerberg really wants you to
  737. 25:14focus on certain numbers.
  738. 25:16Those numbers aren't important to you.
  739. 25:19They're important to him.
  740. 25:21Making those numbers go up
  741. 25:24it's not your job.
  742. 25:25Right? You're Don't be an unpaid doobie
  743. 25:28for them. I have 400,000 Instagram
  744. 25:29followers. I didn't do anything to have
  745. 25:32that happen.
  746. 25:33But, I
  747. 25:34you know, if I post something about a
  748. 25:35new book, maybe 12 people on Instagram
  749. 25:38will buy it.
  750. 25:40The number of Instagram followers I have
  751. 25:41is completely irrelevant to the change I
  752. 25:43seek to make in the world. It's a
  753. 25:45distraction. Don't focus on that cuz
  754. 25:48it's not why you're here.
  755. 25:50Then, the second part of it is making
  756. 25:53sure
  757. 25:54that there's no gap between the
  758. 25:57commotion you're making to get attention
  759. 25:59and the work you're doing to gain trust.
  760. 26:02As well as the work you're doing to
  761. 26:04cause action.
  762. 26:05So, Wendy's has between 15 and 20 people
  763. 26:08working on their uh social media
  764. 26:11accounts.
  765. 26:12And they're sort of notorious for the
  766. 26:13way they throw insults around on social
  767. 26:15media.
  768. 26:16Has it sold one Frosty? Has it sold one
  769. 26:19hamburger?
  770. 26:20Right? I'm glad they're amusing
  771. 26:22themselves. I'm glad they're getting
  772. 26:23paid to amuse themselves.
  773. 26:25But, what's the purpose of Wendy's?
  774. 26:28Is that its purpose? Is that what they
  775. 26:29want to do more of?
  776. 26:31So, that If so, they should start a talk
  777. 26:32show, right? But, that's not what they
  778. 26:35signed up to do.
  779. 26:37So,
  780. 26:37we have to really be clear. Are you
  781. 26:40looking for awareness? Are you looking
  782. 26:42for
  783. 26:43uh
  784. 26:44certain kinds of proxies or you're
  785. 26:46looking for action?
  786. 26:48And if you're looking for action, the
  787. 26:49answer isn't how do I get more famous?
  788. 26:53The answer is how do I get less famous
  789. 26:55and more trusted?
  790. 26:57How do I create tension?
  791. 26:59Because tension is relieved by people
  792. 27:01taking action. Not how do I relieve
  793. 27:04tension for people on the subway who are
  794. 27:06going like this and looking at more than
  795. 27:08500 messages in an hour. Cuz none of
  796. 27:11those people are stopping and saying,
  797. 27:13"Oh, look, the vase I've been waiting
  798. 27:14for is on sale." and hitting buy. Every
  799. 27:17once in a while someone becomes a
  800. 27:18Kardashian. But it's probably not going
  801. 27:20to be you.
  802. 27:22And we don't need any more Kardashians.
  803. 27:23We already have the ones we have.
  804. 27:27For sure. I I think uh
  805. 27:30you know, in building the brands of the
  806. 27:31future, one of the things that uh
  807. 27:34you know, you I think you were sort of
  808. 27:36saying it right there or maybe you just
  809. 27:37a double click on it is
  810. 27:39that's the better versus louder, you
  811. 27:42know, kind of approach.
  812. 27:43What would you say would be some key
  813. 27:46things uh
  814. 27:47for just entrepreneurs to think about
  815. 27:50about becoming better versus louder?
  816. 27:53So,
  817. 27:54I was doing some research about a a
  818. 27:56business I did
  819. 27:58uh
  820. 27:58as a customer worked with years and
  821. 28:00years ago. It's called Garagiste.
  822. 28:02Garagiste uh does more than $30 million
  823. 28:05a year selling wine.
  824. 28:07And the way they do it is there's an
  825. 28:09email list. And if you're on the list,
  826. 28:12uh you get an email a couple times a
  827. 28:14week
  828. 28:15describing in incredible prose
  829. 28:17this find of a wine. And you click a
  830. 28:20button and they add it to your box and
  831. 28:22then three times a year they ship you
  832. 28:24whatever wines you've put aside.
  833. 28:27And here's a business run by one guy
  834. 28:29with a few assistants doing $30 million
  835. 28:32a year in revenue and with enormous
  836. 28:34amount of profit and so much leverage
  837. 28:36cuz he can walk into a winery that's
  838. 28:38struggling and buy all their wine.
  839. 28:40Right?
  840. 28:41Well, famously
  841. 28:43he sent a note and a press release out
  842. 28:45saying, "We're not taking any new
  843. 28:47sign-ups.
  844. 28:48We're done."
  845. 28:49Because it's enough.
  846. 28:51Our goal isn't cuz he wouldn't be able
  847. 28:54to keep delighting people
  848. 28:56after 130,000. He had 130,000 email
  849. 28:59addresses. He can't get enough great
  850. 29:00wine for more people. That's about
  851. 29:03better,
  852. 29:04not louder. It's about better. Those
  853. 29:06130,000 people showed up and showed up
  854. 29:08and showed up. $30 million a year's
  855. 29:10worth. That's enough.
  856. 29:12And so, when you have this bottomless
  857. 29:15pit for attention, this need to just one
  858. 29:18more click, when you got people who
  859. 29:20you're measuring on how much did they
  860. 29:22get the word out,
  861. 29:23don't be surprised that you're starting
  862. 29:25to reach average people. And average
  863. 29:27people aren't going to buy your
  864. 29:28software, and average people aren't
  865. 29:29going to buy your book, because they're
  866. 29:31average. They chose to be average.
  867. 29:33You're looking for the other people,
  868. 29:35the ones who are going to talk about
  869. 29:36you, the ones who are going to challenge
  870. 29:38you to do better, the ones who are going
  871. 29:39to eagerly pay more for better.
  872. 29:42So, when you pick your customers, you
  873. 29:43pick your future.
  874. 29:47I think uh
  875. 29:48a lot of what you're talking about is uh
  876. 29:51the acts that you take should have
  877. 29:52meaning,
  878. 29:53uh and that meaning shouldn't have to be
  879. 29:55measured by the easiest thing to count.
  880. 29:58Yeah. It's a a big a big part about it.
  881. 30:01Um
  882. 30:03you know, what what do you think is kind
  883. 30:05of the next
  884. 30:07the next evolution for marketing, right?
  885. 30:09You know, there's uh you know, you talk
  886. 30:11about email marketing, organic search
  887. 30:13was it for a while, paid social.
  888. 30:15You know, what are some of the things
  889. 30:16that you're you're sort of thinking
  890. 30:17about? And now, I'm in tactics land, I
  891. 30:19get that, but like what what do you
  892. 30:21think is sort of the the next evolution
  893. 30:24uh in
  894. 30:25you know, marketing?
  895. 30:27I'll tell you what it's not.
  896. 30:29It's not tricking
  897. 30:31Chat GPT to recommend your stuff to
  898. 30:33people
  899. 30:34by somehow inserting code and whatever.
  900. 30:37There there are plenty of people who
  901. 30:38want to sell you that today. They have
  902. 30:39no clue what to do.
  903. 30:41I think
  904. 30:42when we add AI to the equation,
  905. 30:45many people are going to use it to just
  906. 30:46make everything cheaper.
  907. 30:48And some people are going to use it to
  908. 30:50make it better.
  909. 30:51To invite somebody to be in a community,
  910. 30:53eagerly participate with a
  911. 30:57company, you know, just to to brainstorm
  912. 30:59something I thought of 2 seconds ago.
  913. 31:02I can take pictures of
  914. 31:04my entire tool chest, the mess that is
  915. 31:07my basement.
  916. 31:08I can upload it to a company that makes
  917. 31:10tools that I trust. And I'm working on a
  918. 31:12project. And now I can say,
  919. 31:15"Hey, I'll just put it in uh I don't
  920. 31:17know the name of it uh uh
  921. 31:20Techless. Hey Techless, uh
  922. 31:22I'm working on this and I can't find
  923. 31:24piece X."
  924. 31:25And it has seen all my tools. And now it
  925. 31:27could say back to me, "Oh, it's right
  926. 31:30over there next to the the widgets." Or
  927. 31:31it could say, "You don't have that tool.
  928. 31:33Would you like me to get it to you by
  929. 31:35tomorrow?"
  930. 31:37The more I teach it, the happier I am.
  931. 31:40The more I teach it, the more their
  932. 31:42brand is worth to me. The more likely it
  933. 31:44is that I don't go to Amazon and buy the
  934. 31:46cheap one.
  935. 31:48And the idea that a brand can have
  936. 31:50someone standing right next to me doing
  937. 31:52a service for me that I want them to do
  938. 31:55is a whole new level of permission.
  939. 31:58And
  940. 31:59eBay doesn't have permission with me
  941. 32:00like that. Quicken doesn't have
  942. 32:02permission with me like that. Very few
  943. 32:04companies do cuz they're all skulking
  944. 32:06around in the background spying.
  945. 32:08AI will have do some of that, but the
  946. 32:10real opportunity is to show up and be
  947. 32:13welcome and be missed if you are not
  948. 32:15there.
  949. 32:16Wow.
  950. 32:17I think you uh uh
  951. 32:20probably just said one of the most
  952. 32:22useful uh ways of using AI
  953. 32:25that I would love. You know, any project
  954. 32:28that you're working on, if it knows you
  955. 32:29that well, can make that recommendation.
  956. 32:31I mean, that's a that's a pretty rad uh
  957. 32:33use of AI.
  958. 32:35You know, I I you've been I don't know
  959. 32:38One of the things you said um
  960. 32:41in our our pre-conversation
  961. 32:44was that you're like I I've talked for
  962. 32:4520 years, you know, I've I've done this
  963. 32:47a lot. I you know, and that's why you
  964. 32:49said sort of the no rehearsal thing.
  965. 32:51Um
  966. 32:53But I you've said so many things and
  967. 32:55talked about so many topics.
  968. 32:57Uh what's kind of something new that you
  969. 32:59haven't really talked about a lot or
  970. 33:01what sort of what's brewing on the edge
  971. 33:03of you know, sort of Seth Godin's
  972. 33:05viewpoint?
  973. 33:07It's really interesting to watch
  974. 33:11what causes people
  975. 33:13to glaze over a little bit and what
  976. 33:15causes people to get excited.
  977. 33:17If you talk to people about
  978. 33:20straightforward
  979. 33:22fairly simple things they can do to
  980. 33:25transform their day, they're all ears.
  981. 33:27All right, what did you have for
  982. 33:28breakfast? Yeah, I have this new
  983. 33:29breakfast regimen. But when you talk to
  984. 33:32them about things that take a long time
  985. 33:35evolution being a great example their
  986. 33:37eyes glaze over.
  987. 33:39And AI is in both categories. AI is
  988. 33:43here's a hack you can do today. Take a
  989. 33:46picture of all your bookshelves. Now AI
  990. 33:48knows where all your books are.
  991. 33:50And you'll never scrounge around looking
  992. 33:52for where it is. It knows.
  993. 33:53Versus
  994. 33:56are you going to upskill in the future
  995. 33:57or are you going to be deskilled?
  996. 33:59Are you going to work for an AI which is
  997. 34:01going to be a really unhappy experience
  998. 34:03or is an AI going to work for you?
  999. 34:06And if you're going to have AIs work for
  1000. 34:07you, you better start hiring them now.
  1001. 34:10And learn how to be a good boss of an
  1002. 34:12AI.
  1003. 34:14And so in the last few months I've
  1004. 34:16developed a bunch of really cool things
  1005. 34:19with AI. Not my writing, my writing I do
  1006. 34:21myself. Um and
  1007. 34:25it's fascinating to me that most of my
  1008. 34:28peers and many of the people I talk to
  1009. 34:30aren't doing that.
  1010. 34:32And for $20 a month, what are you
  1011. 34:33waiting for?
  1012. 34:35Because here's this squadron of summer
  1013. 34:37interns who work for almost for free.
  1014. 34:40They're not that good, but they're very
  1015. 34:41eager.
  1016. 34:42And uh
  1017. 34:44if we can learn how to harness this
  1018. 34:46power
  1019. 34:47then we don't have to be a victim.
  1020. 34:49And I think that shift is right in front
  1021. 34:52of every small business in any field I
  1022. 34:55can think of. And
  1023. 34:57small business people tend to be working
  1024. 34:59too hard to pay attention to what they
  1025. 35:01ought to be doing next.
  1026. 35:05It's amazing.
  1027. 35:06Speaking of uh I think you called it um
  1028. 35:10There's just sort of a long-term view
  1029. 35:11and I I just want to think about just uh
  1030. 35:14you've had a the opportunity to look
  1031. 35:16back on a lot of things and there's a
  1032. 35:18whole future ahead um and when you think
  1033. 35:21about or look at the next generation of
  1034. 35:22entrepreneurs, what do you hope that
  1035. 35:24they choose to do differently than the
  1036. 35:26generation before us?
  1037. 35:29Well, it's going to be heartbreaking if
  1038. 35:31I
  1039. 35:32uh
  1040. 35:32focus too hard on what I'm hoping for.
  1041. 35:35But the book the book I wrote The Song
  1042. 35:37of Significance was basically about
  1043. 35:39saying this.
  1044. 35:40If you have enough technology to be
  1045. 35:41listening or watching this,
  1046. 35:43you won the lottery. You're richer than
  1047. 35:45the last king of France. Not only that,
  1048. 35:47but you have enough freedom to spend
  1049. 35:49part of your day doing something like
  1050. 35:50this.
  1051. 35:51So,
  1052. 35:52why trade that in to hustle for a couple
  1053. 35:56extra shekels when you could do
  1054. 35:58something that mattered?
  1055. 36:00And
  1056. 36:01so when AI shows up and gives us all
  1057. 36:03these
  1058. 36:04leverage points,
  1059. 36:06are we going to use it to come up with a
  1060. 36:08dog walking service that's 1% better
  1061. 36:10than the existing dog walking service?
  1062. 36:13Or are we going to do something that it
  1063. 36:16doesn't have to transform the world, but
  1064. 36:17it should transform someone.
  1065. 36:20That we should show up in a way that
  1066. 36:22people would be glad we did.
  1067. 36:24Cuz our job is not to do our job.
  1068. 36:27Our job is to solve problems, to solve
  1069. 36:29problems for other people, to make
  1070. 36:31things better by making better things.
  1071. 36:34That didn't used to be true. 200 years
  1072. 36:36ago, your job was to feed yourself or
  1073. 36:38you would die.
  1074. 36:39Now, you don't have that problem. We
  1075. 36:40don't I don't know anyone who's starving
  1076. 36:42to death and you probably don't either.
  1077. 36:45And so,
  1078. 36:46we're wasting this moment when we could
  1079. 36:48be creating art and beauty and
  1080. 36:50connection and possibility and also feed
  1081. 36:53our families.
  1082. 36:54I think that getting tricked into
  1083. 36:56thinking that your job is to make Chase
  1084. 36:59Bank happy with your cat with your bank
  1085. 37:01account is a mistake.
  1086. 37:04Well, Seth, it was really awesome to get
  1087. 37:06a lot of your wisdom, be able to help us
  1088. 37:08all along, be able to help all these
  1089. 37:10entrepreneurs along the way.
  1090. 37:12Uh, I just appreciate you, you know,
  1091. 37:14being willing to sit down and talk with
  1092. 37:15us. Thanks for joining us in the studio.
  1093. 37:16This was our first virtual one and I
  1094. 37:19thought it went awesome and appreciate
  1095. 37:21you taking the time.
  1096. 37:22Well, I'm glad I could be a pathfinder
  1097. 37:24here. Thank you for the work you do and
  1098. 37:26this was a great conversation. Thank
  1099. 37:28you, Chris.
  1100. 37:29>> Absolutely. Thanks.

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