This is an episode of the Uncensored Renegades podcast. To hear episodes of this new show, subscribe here:

Apple Podcasts: https://podcasts.apple.com/gb/podcast/uncensored-renegades/id1868870960
Spotify: https://open.spotify.com/show/7qnkqq0XSpgif9A5ZNgSpX?si=f181c3a0e9af480c

When you define any other business function, the answer is simple. What is finance? What is HR? What is IT?

When you ask, what is marketing? The answer is broad. Is it sales? Is it storytelling? Is it brand?

In this episode, Kory and Jon dig into some of the words used to define marketing and decrypt some of the findings.

Timestamps

00:00 - Intro
00:15 - Why is marketing hard to define?
04:35 - Why brand is so important
08:36 - How your brand shows up when hiring people
10:36 - The words that describe marketing
14:47 - Do marketers neglect the role of strategy?
17:25 - The most surprising words that define marketing
18:39 - The power of storytelling

The last time I spoke to today's guest, James Watt, he fired me. It's the first thing we talk about in the episode, but I have nothing but respect for the man who built Brewdog into the Unicorn it is today. Through their impressive marketing stunts, focus on product quality and immense speed of execution, Brewdog successfully took on the beer behemoths and solidified its place in the industry. In this episode we talk about why James made a mistake hiring an executive team (including me), how they convinced a bank to give them a loan in the global financial crisis and how he almost lost £50m to a Russian bank account. Now, James has launched a new venture, Social Tip, a new way brands can connect with consumers.

Sign up to our live event, The Calling, on April 21st here:
https://event.uncensoredcmo.com/events/uncensoredcmo/2044861

Timestamps

00:00 - Intro
00:58 - Why did James fire Jon?
01:56 - Being in the detail and close to the customer
06:07 - Brewdog founding story: how they got funding
08:54 - Why Brewdog is so passionate about making a great product
13:07 - How Brewdog won their Tesco listing
15:58 - How a Tesco listing transformed Brewdog
17:37 - The secret to an overnight success
20:22 - Why constraints led to great marketing for Brewdog
22:09 - Examples of Brewdog’s incredible marketing stunts
27:43 - Why James changed his name to Elvis
29:28 - Collaborating with copycats: launching ALD IPA
31:14 - When marketing stunts go wrong
33:28 - How James almost lost £50 million
37:48 - James Watt’s favourite business books
41:17 - How James Watt felt when he left Brewdog
43:01 - Leadership lessons from James Watt about scaling
46:05 - Dealing with public scrutiny
47:26 - Why James started his new business: Social Tip
54:03 - How to pitch your business to James Watt

This is the first episode of the Uncensored Renegades podcast. To hear episodes of this new show, subscribe here:

Apple Podcasts: https://podcasts.apple.com/gb/podcast/uncensored-renegades/id1868870960
Spotify: https://open.spotify.com/show/7qnkqq0XSpgif9A5ZNgSpX?si=f181c3a0e9af480c

Know your e.l.f.ing numbers - it's your responsibility as a leader. Jon and Kory share stories of when this has helped them in roles, and share advice on how CMOs can be successful in getting more budget, taking bigger risks and, ultimately, grow the brand (for 25 consecutive quarters in Kory’s case).

Timestamps

00:00 - Intro
00:34 - You just do the cutting, sticking and colouring in
01:42 - Why knowing your numbers is so important for CMOs
05:25 - Making the case for long term marketing investment
08:10 - Why CMOs need to earn the right to take risks
12:05 - Managing internal politics in the c-suite
15:16 - Kory’s formula to create successful work