“19% [of Millennials] say they have paid in the last year for a subscription service for eBooks or audiobooks such as Kindle Unlimited or Audible”- American Press Institute

“73% of the U.S. 12+ population (an estimated 209 million people) have listened to online audio in the last month, up from 68% in 2021”- Edison Research

“Three uses for storytelling in organizations: (1) to motivate employees, (2) for education and (3) to consolidate corporate culture”- Journal of Marketing

“Employees have a deeper affiliation with the message through organizational storytelling due to aligning stories with their own experiences and understanding”- International Journal of Business and Social Science

“Stories are a device… [that] provide managers with a form of social and intersubjective interaction that reflects belief systems, role expectations, interpersonal norms and conditions for work behavior”- International Journal of Management

“83% of Millennials would be more loyal to a company that allows them to contribute to social and environmental issues”- Cone Communications

“The audiobook market share shifted from 42% digital copy sales in 2009 to 87% digital copy sales in 2017”- Audio Publishers Association

“Audio narrative has recently benefited from profound cultural shifts in media consumption associated with on-demand television’s binge watching revolution and the advent of digital longform storytelling”- Journal of Radio & Audio Media

“The storytelling process yields positive impacts on internal and external stakeholder outcomes including increasing employees’ thriving and meaningful work, as well as the attitudes and trust of multiple external stakeholders”- Journal of Strategic Marketing

“Brands can bring their CSR (corporate social responsibility) efforts to life through authentic storytelling [and] Millennials want to know what companies are doing to make the world a better place”- Center for Social Impact Communication at Georgetown University

“Corporate storytelling is suggested to help demonstrate the importance of the corporate brand to internal and external stakeholders… as well as help a firm to bond with its employees”- Product & Brand Management

“There is value in a story that is, designed to drive the simulation and to elicit the [employee’s] best performance”- Society for Human Resource Management

“When it comes to digital storytelling for branding, there is, a more positive attitude towards the company when the employer branding message is using digital storytelling”- Management Dynamic in the Knowledge Economy Journal

“[onboarding] can also aid employees in identifying values congruence which is critical to career contentment and commitment which can significantly impact retention to both the field and the institution long-term” - Journal of Research, Assessment, and Practice in Higher Education

“Researchers have shown that storytelling strengthens the connections consumers have to brands, so that to a great extent what a brand means to a consumer is based . . . on the narratives he or she has constructed that incorporate the brand.”- Journal of Business Strategy

“Audio platform superiority was about the desire to use an audio platform that is perceived to be superior to other audio alternatives, including on-demand convenience (time and place) and content (vari- ety and uniqueness)”- New Media and Society Journal

“116% growth in spoken word listeners 13-34 years old in the past even years, with 18% growth in the last year”- National Public Radio Organization

“Should produce positive effects on key audiences, such as increasingly positive attitudes toward the company and eventually behavioral intentions to support this company”- Public Relations Review

“Storytelling that integrates a moral and spiritual component can transform an organizational culture so members of the organization begin to feel connected to a larger community and a higher purpose”- Journal of Business Ethics

“Over 71 thousand audiobook titles (were) published in 2020, a 39% growth between previous years”- Statista

“Audiobook sales revenue has been on a steep rise since 2018, reaching 1.3 billion USD in 2020”- Statista

“Employees have a deeper affiliation with the message through organizational storytelling due to aligning stories with their own experiences and understanding”- International Journal of Business and Social Science

“Spoken word audio listening is up 40% in the past seven years, and up 8% year over year”- National Public Radio Organization and Edison Research

“The majority (79%) of Millennials want to work for a company that cares about how it contributes to society and 69% would refuse to work for a company that is not socially responsible”- Journal of Education For Business

“As technology evolves, people have more options available to them, which may explain why [reports] found younger adults to be more likely to opt for audiobooks and the multi-tasking they enable”- Forbes

“Maximizing success through onboarding by storytelling during orientations, [helps employees understand] the company's culture and values [and] its goals and history”- Society for Human Resource Management

“Narrative presentation of corporate strategy, comparative advantage, is more effective at producing a consistent and confident choice of competitive advantage among an audience than a presentation of corporate strategy using a PowerPoint style, bulleted list approach”- Journal of Strategy and Management

“A poor cultural fit is frequently cited as one of the main reasons [an employee] decides to leave an organization… defining the organization's culture through storytelling should start with branding of the organization and continue through the interview and onboarding process”- Physician Executive Communication Journal

“A focus on social responsibility is particularly important to attract, retain, and increase the commitment and engagement of Millennial employees and talented women”- Center for Creative Leadership

“Story-telling is an important element… involving the sharing of experiences and creation of mental-maps of the environment in which people are motivated to perform to their full potential”- Leadership and Organization Development Journal

“64% of Millennials consider a company’s social commitments when taking jobs and will not work for a company if they do not have strong corporate social responsibility (CSR) values”- Cone Communications

“The most recent era in audio entertainment… users are asserting power over the medium to select particular content at particular times”- Mass Communication and Society Journal

“Storytelling that starts with the persona allows us to tap into these deeper recesses, where the influence of attitudes and emotions is greater… loyalty and trust are found there”- Journal of Business Strategy

“The corporate world cannot ignore the demands and expectations of Millennials, who are devout in their desire to associate with companies aligned with their values”- Center for Social Impact Communication at Georgetown University

“There are currently about 1000% more titles published since 2011”- Audio Publishers Association

“Online audio (podcasts, radio shows, music and audiobooks) has become more popular than ever before”- Publishing Research Quarterly

“[the way employees are on-boarded] sets the tone for the culture of a place, the people, and the values of a new institution and can have a significant impact on employees’ sense of belonging”- Journal of Research, Assessment, and Practice in Higher Education

“Audiobooks have had a big shift in popularity in 2018 where for the first time, “a full half of all Americans ages 12 and older have listened to an audiobook, up from 44% last year”- Forbes

Millennials are more technologically advanced than any previous generation [and] survey data has shown a correlation between age and reading preferences [where] younger people listen to more audiobooks than older Americans”- State University of New York

“Storytelling is essential to successful branding, since your brand is the sum of all your corporate behaviors and communications that inform your customers’ experiences with your product or company”- The Journal of Business Strategy

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Featured

How We Went from Wine to Business Audio Theatre

THE CORNER OF HOLLYWOOD AND WINE

Avatar Business Audio Theatre January 8, 2021 37


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They say California has three world-class exports: Hollywood, Technology and Wine. This is the story of how we wound up combining all three!

After we sold Barefoot Wine our acquirer asked us to help them keep, as they put it, “the Barefoot Spirit” alive at their giant company. We worked for them for a year to do just that. Since then, they have made it the world’s largest wine brand! We were happy to help out and in the process we learned quite a bit about large companies.

By Popular Demand

Over the next few years we worked as advisors to start-ups and build-ups to give them the advantage of our hard earned experience. During that time we got numerous requests from our former employees, vendors, and customers saying, “You guys got to write a book about you approach to business!”

A Fizzled Attempt

So we set about collecting our notes and wrote our first business book. It was organized the way most business books have been presented for the past twenty-five years. You know, “The three things you got to do, the five things to never do, and the seven things you customer wants from you.” It was so prescriptive and boring that we threw it directly in the trash! Who was going to remember the three things anyway?

Delegate

Then one day, on a flight to New York, Bonnie busted out loud laughing. She realized she was making a scene. She held up the book she was reading, pointed to it, covered her mouth, and said quietly, “You’ve got to read this! This is our new author!” One of the principles we preach is “Know what you do best and delegate the rest!”

So we hired Rick Kushman, a celebrated journalist from Stanford who was a food and beverage columnist for the Sacramento Bee, author, and radio and television personality. And, most importantly, shared our sense of humor.

100 Bottles of Wine

For a little over a year, Rick made the 90-mile commute to our place on Tuesdays and returned home on Wednesdays. Over 60 dinners and even more bottles of wine, we told Rick our story of how we built the Barefoot Wine brand. After some serious editing we finally published The Barefoot Spirit, named after the term our acquirer used to describe the spirit, approach, and culture we had at Barefoot that made the brand so popular with consumers, retailers, and distributors.

NYT’s Best Seller

We were thrilled when our book became a New York Times Best Seller in the Business category! In the months and years after that, we traveled the world and spoke to more than 60 schools of entrepreneurship from Dublin to Melbourne.  In addition to keynote speakers, we became known as business thought leaders, resulting in hundreds of our articles being published in international business publications.

Buds

One day, about 4 years back, we noticed that half of the audience coming in to hear us speak was wearing earbuds. So, we asked them what they were listening to, “Was it rock, hip hop, or jazz?” One said. “No, it’s a podcast on how to improve my business” and someone else said “I’m listening to War and Peace! It’s so long and I’ve always wanted to read it. But now I can listen anytime I want!”  Wow!

Game Changer = Our Audiobook

We thought, “If that’s what’s happening now, we should convert ‘The Barefoot Spirit’ into an audiobook to reach a wider audience.” So we bought the top 10 business audiobooks and gave them a listen. Most were done in the prescriptive text format, and all were just read to you.

We certainly got a lot out of each and everyone and we enjoyed the mobility, but strict narration, even by a celebrity, seemed somehow single-dimensional. We wanted something that was more fun and engaging, something people would remember and apply in their own businesses.

Flash from The Past

It was then that we happened to be crossing the Arizona dessert between speaking events when over the radio comes APR’s A Prairie Home Companion doing a 1945-style radio theatre, Guy Noir, Private Eye, with actors, sound effects, and music! We loved it!

Hollywood

We knew then what we had to do to make our audiobook stand out, but where would we find the professional actors, sound people, editors and musical score writers who could accommodate us? Welcome to Hollywood! Our dear friend Ryan Foland, the Communications Specialist at UC Irvine, introduced us to Matt Weinglass (of all names), the Director of Sherwood Players, an award-winning indie film production company.

The “Audies”

We knew that several works of fiction had been performed in audiobooks using a fully-casted ensemble, but to our experience it was yet to be done for a business audiobook. One year, and a ton of lessons later, we published The Barefoot Spirit audiobook. It was recognized as one of the top five business audiobooks for 2020 by the Audiobook Publishers Association! We went to NYC again in February 2020, this time to collect our medal at the “Audies.”

Other Founder’s Stories

After receiving tons of press in the business journals and 5-star ratings on Amazon, we knew we had hit on something new in the business world! We wanted to share this new approach with other founders who wanted to keep their story alive, entertain and engage their people, and build their brands with an even wider audience. Having been through it, we had first-hand knowledge of exactly how to (and how not to) produce a fully casted business audiobook.

Common Principles

The idea of saving and performing other founder’s stories especially appeals to us because we had met so many of them on the speaking circuit and found we had so much in common. At one level, most successful founders subscribed to the same business principles even though they are applied in vastly different industries. We find that a fascinating and necessary lesson for students, wantrepreneurs, and folks trying to grow their businesses.

Technology Wins the Day

Oh, and about the technology – none of this could be possible without MP3 and other recently developed editing and recording technologies that enables, among other things, remote and Covid-safe production. So there you have it, Hollywood, Wine, and Technology!  Now, let us make your legacy memorable using our proven formula and Business Audio Theatre. Cheers!

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