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Wolfgang Hammer

๐Ÿ‘ค Speaker
See mentions of this person in podcasts
356 total appearances

Appearances Over Time

Podcast Appearances

Invest Like the Best with Patrick O'Shaughnessy
Wolfgang Hammer - The Power of Story - [Invest Like the Best, EP.447]

And with storytelling especially, but I even think, maybe this is confirmation bias, but I even think in business or in innovation,

Invest Like the Best with Patrick O'Shaughnessy
Wolfgang Hammer - The Power of Story - [Invest Like the Best, EP.447]

The new is really just the obvious uncovered through systematic trial and error over a certain period of time.

Invest Like the Best with Patrick O'Shaughnessy
Wolfgang Hammer - The Power of Story - [Invest Like the Best, EP.447]

So that by striving to stay within the obvious and trying to find a variation on the obvious, I think you have a higher chance, at least in storytelling, of discovering something novel that will still feel intelligible enough to categorize in the world.

Invest Like the Best with Patrick O'Shaughnessy
Wolfgang Hammer - The Power of Story - [Invest Like the Best, EP.447]

Some people have an ability to see something truly new and immediately categorize it.

Invest Like the Best with Patrick O'Shaughnessy
Wolfgang Hammer - The Power of Story - [Invest Like the Best, EP.447]

Those people tend to be very successful investors, for instance.

Invest Like the Best with Patrick O'Shaughnessy
Wolfgang Hammer - The Power of Story - [Invest Like the Best, EP.447]

But generally speaking, I think the idea of original is overrated and the great filmmakers know this.

Invest Like the Best with Patrick O'Shaughnessy
Wolfgang Hammer - The Power of Story - [Invest Like the Best, EP.447]

The great novelists know this, that you can begin with something very familiar and make it feel totally new incrementally.

Invest Like the Best with Patrick O'Shaughnessy
Wolfgang Hammer - The Power of Story - [Invest Like the Best, EP.447]

It was a project where simply there's a camera installed in the room and the camera would move back and forth across the room and each time uncover a little bit more of the room and nothing else happens.

Invest Like the Best with Patrick O'Shaughnessy
Wolfgang Hammer - The Power of Story - [Invest Like the Best, EP.447]

There's no payoff to it.

Invest Like the Best with Patrick O'Shaughnessy
Wolfgang Hammer - The Power of Story - [Invest Like the Best, EP.447]

But the suspense of seeing a little bit more information about the room is absolutely riveting.

Invest Like the Best with Patrick O'Shaughnessy
Wolfgang Hammer - The Power of Story - [Invest Like the Best, EP.447]

Even just this tiny amount of new information being given creates enormous suspense because somehow we're good at anticipating.

Invest Like the Best with Patrick O'Shaughnessy
Wolfgang Hammer - The Power of Story - [Invest Like the Best, EP.447]

We're really always anticipating.

Invest Like the Best with Patrick O'Shaughnessy
Wolfgang Hammer - The Power of Story - [Invest Like the Best, EP.447]

And each new piece of information gets put into some kind of puzzle.

Invest Like the Best with Patrick O'Shaughnessy
Wolfgang Hammer - The Power of Story - [Invest Like the Best, EP.447]

So by the end, the suspense is unbearable.

Invest Like the Best with Patrick O'Shaughnessy
Wolfgang Hammer - The Power of Story - [Invest Like the Best, EP.447]

The reason storytelling to me is so effective is because you have a subjective point of view that an individual can relate to because it's imitating and processing the character's point of view.

Invest Like the Best with Patrick O'Shaughnessy
Wolfgang Hammer - The Power of Story - [Invest Like the Best, EP.447]

So it's subjective in that way.

Invest Like the Best with Patrick O'Shaughnessy
Wolfgang Hammer - The Power of Story - [Invest Like the Best, EP.447]

The subjective access to storytelling would be a universal truth, but that can be only accessed subjectively.

Invest Like the Best with Patrick O'Shaughnessy
Wolfgang Hammer - The Power of Story - [Invest Like the Best, EP.447]

I think that's exactly right.

Invest Like the Best with Patrick O'Shaughnessy
Wolfgang Hammer - The Power of Story - [Invest Like the Best, EP.447]

Someone called me, hadn't heard from them in a while, and they said, we realized we've been selling to the wrong level.

Invest Like the Best with Patrick O'Shaughnessy
Wolfgang Hammer - The Power of Story - [Invest Like the Best, EP.447]

We have to sell to C-level as opposed to frontline manager level.