The Importance of Knowing Your Story | Michael Margolis

22 Mar 2016 · 11 min
11:21

In this workshop, Michael Margolis, founder of Get Storied, leads a live session for entrepreneurs on the power of personal narrative in startup pitching. He begins with an interactive exercise where participants identify three unique "identity frames"—distinct roles or characteristics that define them—to illustrate how self‑definition shapes storytelling. Margolis then explains why a founder’s personal story matters as much as the product story, especially for building credibility and relatability with investors and customers. He introduces the "Lean Story" framework, a concise three‑step (part of a larger six‑step) methodology for structuring pitches: (1) clarify who you are and what you do, (2) surface the core dilemma your audience faces, and (3) make the audience believe in you and your solution. Throughout, he warns against classic pitch formulas that can appear egotistical, emphasizing techniques to appear likable, authentic, and trustworthy. The session also discusses the strategic advantage of founders who embody their target customer versus those who must bridge a larger empathy gap. Overall, the talk blends practical exercises, storytelling theory, and pitch‑craft advice to help entrepreneurs communicate big ideas effectively.

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