Once Upon a Startup

By Nikky Sachdev | 27 August 2024

A couple of years ago, when I was running my own clothing business, I found myself behind a stall at yet another exhibition, hoping for that magical moment when someone would spot my brand and fall head over heels in love with it. Like many new entrepreneurs, I thought having a great product was the golden ticket. Spoiler alert: it wasn’t.

My mission was to create clothes that were both beautiful and affordable. Think pure cotton, perfect for surviving the Indian summer, tailored for women like me - on the shorter side and often frustrated by clothes that seem to be made for someone a foot taller. House of Aranya was my ode to petite women everywhere. I was convinced I’d hit the jackpot until a NIFT graduate came along with a gentle reality check.

“Your clothes are nice,” she said, “but they don’t tell a story.” Ouch. That one stung, but she was right. My designs, as carefully crafted as they were, weren’t speaking to anyone. And that’s when I learned a crucial lesson: a great product is just the beginning. It’s the story behind it that makes people care.

Storytelling isn’t just a marketing buzzword; it’s one of the oldest and most effective ways to connect with people. A good story doesn’t merely capture attention - it lingers, makes an impact, and stays with the listener. In the high-stakes world of startups, this can be the difference between a polite “We’ll think about it” and a resounding “We’re in!”

Think about introducing yourself to someone new. You don’t start with your resume; you share a bit about who you are, where you’re from, what you care about. When there’s common ground, there’s connection. The same goes for pitching to investors. While they may not share your background, they’ll understand your drive to create something meaningful.

If I were pitching my “clothing for petite women” idea today, I’d start with the endless shopping trips that left me feeling more like Goldilocks - nothing was ever just right. That frustration led me to create a brand that fit perfectly, not just physically, but emotionally, too. That’s the story that resonates.

A strong narrative isn’t just about what your product does; it’s about where it’s going. It’s the vision of a future where your startup changes the game, and it’s inviting others to see that future with you.

In a sea of pitches, standing out isn’t about being different. It’s about being real. Your story is what sets you apart. It’s what makes your journey memorable and builds trust. When you speak from a place of conviction, it’s easier for others to believe in your vision too. After all, passion is contagious.

Crafting a compelling startup story starts with your belief in your idea. But it’s also about understanding what matters to your audience, particularly VCs, who are looking for growth potential, a strong team, and a clear path to success. Your pitch should include:

  • The problem you’re solving: What’s the pain point your startup addresses?
  • Your unique solution: How does your product or service solve this problem in a way that others don’t?
  • Market potential: What’s the size and scope of your target market?
  • Your team’s strengths: Show the passion, expertise, and resilience that make your team capable of executing your vision.
  • A clear future vision: Where do you see your startup heading, and how will you get there?

There are countless tips on how to tell a great story, but here’s the most important one: be genuine. Authenticity is a value we uphold at Merak. We want to hear stories that are real, relatable, and a little bit raw. Here are a few tips:

  • Know your audience: Do your homework. Tailor your story to resonate with the VCs you’re pitching to.
  • Highlight your journey: Every story has a hero - in this case, it’s your startup. What challenges have you faced? What milestones have you achieved?
  • Practice your delivery: A well-told story comes from (repeated) practice. Make sure you’re comfortable with your narrative.
  • Be honest: Sharing your struggles builds trust and shows that you’re resilient.

While data and metrics are important, they’re most impactful when framed within a compelling story. As Steve Jobs once said, "The most powerful person in the world is the storyteller". Mastering the art of storytelling can greatly enhance your chances of securing the funding you need.

We’re always on the lookout for founders with ideas that matter. If you have a story worth sharing, we’d love to hear from you.