Ep. 83: TL;DL - Investors Buy Stories, Not Spreadsheets with Lysle Wickersham
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About this listen
Summary:
This episode features a "Too Long, Didn't Listen" (TL;DL) summary of my conversation with Lysle Wickersham, founder and principal strategist at Brand Think, who discovered through 30 years spanning ad agencies and investment banking that investors don't fund spreadsheets, they fund stories they believe in. In this summary, we highlight three game-changing insights: first, that investors make decisions emotionally just like everyone else, with goodwill encompassing the intangibles around well-positioned, emotionally charged brands that demonstrate true brand capital as a going concern. Second, Lysle's revolutionary framework positioning brand not as marketing fluff but as strategic philosophy woven into business operations, teaching that brand equity is a frequency-over-time equation where consistent actions compound value while missteps degrade it, with companies like Warby Parker built through this compounding effect rather than appearing overnight. Finally, his urgent warning from Briggs Capital experience that founders must build brand equity from day one rather than when preparing to exit, recognizing that your first constituent is always your employees delivering on brand promise, and understanding that everyone must align with core values and purpose because relationships are first and business follows.
Show Notes:
01:40 Emotional Decisions
02:35 Brand as Philosophy
03:37 Build From Day One