The Three Yeses

Paul Cash, Co-Founder of Rooster Punk, on the leadership conversation marketing keeps losing, the rebalancing act between brand and performance now AI is reshaping discovery, the bowtie demand model, and what it takes to scale a fully remote agency through a pregnancy and a young family.

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Season 5, Episode 94

"Wired for stories. Oxytocin up ten to fifteen per cent."

Thirty-five years in B2B marketing, three agencies founded (two sold), and a longstanding argument that the industry forgot how human B2B buying really is. Paul Cash on the three yeses every buyer says before they buy, why we are biologically wired for stories, why brand is a simplification tool, what Workday did to go from $220m loss to $770m profit, and why human psychology is the answer every marketer is looking for.

Paul Cash’s career began with a placement year on the product marketing team at HP Pinewood in 1991. After Richardson Carpenter Advertising he co-founded Tidalwave in 1997, scaling it from zero to £1.5m+ EBITDA in four years and ranking it the fastest-growing marketing agency in the UK by the Sunday Times / Virgin Atlantic Fast Track in 2001. In 2008 he founded Hurricane Marketing into a recession, growing it past £3m in three years. He sold both agencies to Target Media Communications Group in May 2011. In March 2014 he founded Rooster Punk on a thesis that B2B had lost the emotion and storytelling it had before the internet flattened everything into product specs.

In this conversation with host John Horsley, Paul walks through the three-yeses buyer model (emotional, trust, practical), explains why humans are wired for stories on biological grounds (oxytocin lifts 10 to 15 per cent when we hear them), why brand is best understood as a simplification tool rather than a creative output, why the customer (not the brand) is the hero of a B2B story, why the CEO has to be the resident chief storyteller, and why Workday’s rock-star Super Bowl campaign is the B2B example he keeps coming back to. The advice to younger marketers: human psychology, biopsychology, go deep, that is where all the answers are.

Paul's career: placement at HP Pinewood in 1991, two years at Richardson Carpenter, then co-founded Tidalwave (1997, sold 2011), founded Hurricane (2008, sold 2011), and Rooster Punk (2014, twelfth year). Thirty-five years in B2B, three agencies founded, two exits.
The three-yeses buyer model. Emotional yes (brand: I like you, I remember you). Trust yes (proof: I trust who you are as a business). Practical yes (product: your offer stacks up). Performance marketing chases the practical yes alone. B2B today has to win all three.
We are biologically wired for stories. Oxytocin (the chemical of trust and intimacy) rises 10 to 15 per cent when humans listen to stories. Story stacking is how brands ladder customer, origin, purpose and moment stories into something coherent. The customer is the hero. The CEO is the resident chief storyteller.
Brand is a simplification tool. Most B2B companies are complicated to understand from the buyer's seat. Brand exists to organise the chaos and make it easy for the buyer to know what you do and what you stand for emotionally. Belief, not ROI, is the metric in years one and two. Sales growth follows by year three.
Workday went from $220m loss in 2023 to $770m profit three years later, with a Super Bowl rock-star campaign (Ozzy Osbourne, Billy Idol) targeting the hidden buyer inside an organisation as much as the named one. Paul's contemporary B2B benchmark.
01Placement at HP to Founder of Rooster Punk: thirty-five years and three agencies in B2B
02The three yeses: emotional, trust and practical, and why performance marketing chases only one
03Wired for stories: oxytocin, story stacking, and the customer as the hero of the story
04Brand as a simplification tool, and why belief beats ROI in the first two years
05The Workday case study: $220m loss to $770m profit through human brand work at scale
Key Exchanges 05
01 The Yellow Pages moment.

"I was 22. My boss put me on the spot in front of Yellow Pages. The room lit up. That was the moment marketing became my tribe."

Paul’s first job in advertising came with a fight-or-flight moment in his first week, a question fielded under pressure to a client, and the realisation that he could do this. He credits one boss in one meeting for the belief that has carried him through three agencies and thirty-five years.

02 The three yeses.

"Emotional yes. Trust yes. Practical yes. Get all three or you do not get the buy."

Paul’s buyer model. The emotional yes (I like you, I remember you when I need to) comes from brand. The trust yes (I trust who you are, your customers, your track record) comes from proof and reputation. The practical yes (your offer stacks up, the economics work) comes from the product. Performance marketing chases the practical yes alone. B2B today has to earn all three.

03 Wired for stories.

"Oxytocin lifts ten to fifteen per cent when humans listen to stories. We are biologically built for this."

Oxytocin (the chemical present in moments of intimacy, highly present when a woman gives birth) rises 10 to 15 per cent when humans listen to stories. Trust and intimacy follow the chemistry. Paul’s technique is story stacking, where brands ladder customer stories, origin stories, purpose stories and moments-of-brilliance stories into a coherent fabric. The customer is the hero. Where the story is told and who tells it carries as much weight as what the story says.

04 Brand is a simplification tool.

"Most B2B companies are incredibly complicated. Brand organises the chaos. The CEO is the resident chief storyteller."

Most B2B businesses are complicated to understand from the buyer’s seat. Brand exists to organise that complexity into something a customer can hold in their head. Paul’s laser focus on a brand engagement is the CEO, because the CEO is the resident chief storyteller, and the brand cascades from there to the organisation like a waterfall. Belief, not ROI, is the metric in years one and two. Sales growth follows by year three.

05 The Workday benchmark.

"$220m loss in 2023. $770m profit three years later. With Ozzy Osbourne and Billy Idol at the Super Bowl."

Paul’s contemporary B2B example. Workday were loss-making in 2023. They used the Super Bowl to run a campaign with rock stars (Ozzy Osbourne, Billy Idol) that targeted not just the named buyer but the hidden buyer inside organisations. The campaign captured the emotional yes and the trust yes at scale. Three years later Workday were posting a $770 million profit. Brand did not do that alone, but something happened in the background that built the confidence the buyers needed.

28 Minutes
S5 E94 Season & Episode
35 Years in B2B Marketing
12 yrs Running Rooster Punk Since March 2014

"Workday: $220m loss to $770m profit."

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Season 5 Episode 94
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Season 5 E89  ·  Paul Cash, Founder, Rooster Punk
Lightly edited for readability.

Host How did you get here?

Cash My first job in marketing was in an ad agency. I was the kid at school who wanted to put his hand up but never dared. First week on the job, my boss put me on the spot in front of Yellow Pages. Out came the answer. The room lit up. That was the moment I knew marketing was my tribe. From there it was agencies, founding companies, finding a story to tell, finding a position in the market. B2B was an accidental home. It became the whole career.

Host The moments that shaped how you think about marketing.

Cash B2B has been on a journey for the 30+ years I have been part of it. It is complicated. Customer complexity. Product complexity. Buyer complexity. Now technology complexity on top. My whole job is to simplify all of that down to one thing, which is the human psychology of the buyer. How do buyers actually consume and buy B2B?

Host Pre-internet B2B was emotional.

Cash Thirty years ago B2B was emotional. A charismatic salesperson with a phone, an acetate presentation and a trade catalogue would build emotional trust with buyers. Then the internet came along. We got rid of the expensive sales people and replaced the emotion with online product catalogues and dull brands. The emotional connection got lost and B2B fell into a product-marketing doom loop. Now we are recognising the role of emotion to win the emotional yes that brand has to deliver.

Host The colouring-in squad.

Cash Back when it was one function, sales and marketing, the role of marketing was the colouring-in squad. Make content to arm a salesperson. We have moved on a lot. The amount of martech now is mind-numbing.

Host The three yeses.

Cash The outcome every client wants is a customer saying yes, I want to buy. Work back from that. There is an emotional yes (brand: I like you, I remember you). There is a trust yes (your customers, your ESG, your track record). There is a practical yes (your product stacks up, your pricing makes sense). All three together get the buy.

Host Brand sacrificed for demand?

Cash Historically yes. Sales organisations chasing quarterly pipeline wired marketing to performance. Over the last five or six years brand has come back as a way to amplify sales. Old-school brand sat in a silo. Brand today is about influencing and amplifying the demand channels.

Host Why do B2B businesses misunderstand brand?

Cash Most CEOs in their 50s and 60s have a view of brand from the 90s. It is very different today. CMOs get it. Moving the conversation up the food chain to the board is hard, because there is no metric that says invest day one and see sales day 30. ROI is the wrong measure for brand. The early years are belief. Branded search and brand lift are proxies. Sales growth shows up at year three or four.

Host Three agencies, three decades.

Cash Tidalwave was 1995 to 2005. Hurricane was 2005 to 2012. Rooster Punk from 2012. Each reflected my own maturity and what the market needed. The early successes are harder to replicate as you get older and wiser. That is an internal struggle I have. But each agency reflected a moment.

Host Belief and resilience.

Cash I am a high-belief person. Rooster Punk has been a tough journey. Twelve years ago nobody understood what B2B storytelling was or the role of emotion. We got laughed at. Today it is mainstream. Somebody said to me once: two steps ahead of the market you are a fool, one step ahead you are a genius. One step ahead ten years ago was ABM. Two steps ahead was humanising B2B. The market has caught up.

Host Losing millions, close to bankruptcy.

Cash Two or three recessions. Two divorces. Three agencies. I do not class myself as a true entrepreneur. No VC, no private equity. Traditional path: maintain a profit, use that profit to organically build. The journey is tough. When you lose belief in yourself, you lose part of your soul you do not reconnect with.

Host The inverted-pyramid agency model.

Cash Old-school agencies were pyramid-shaped: a small leadership team and a wide base of doers. The flip now is the inverted pyramid: senior leaders at the top doing the thinking, less production at the base because clients in-house it or AI helps with it. We have ended up there more by accident than design and it suits the moment.

Host AI inside the agency.

Cash Different parts of the agency use different tools. Creative, planning, new business, client services. Over the last year we started building our own products. Pulse takes the five principles of humanising B2B, puts them into an AI engine, runs a client's About Us, homepage and product site through it, and scores how human their brand is. Good way to get a foot in the door.

Host Why storytelling.

Cash Twelve years of telling this story. Six years of nobody listening. Now mainstream. We are wired for stories. Oxytocin is present in moments of intimacy, highly present when a woman gives birth. When we listen to stories it rises ten to fifteen per cent. That builds trust. In B2B, trust is what we are all chasing.

Host Story stacking.

Cash Lots of stories exist in every organisation. Story mining matters. Then we ladder them: customer stories, origin stories, purpose stories, moments of brilliance from the service team. Meaning on meaning on meaning. Who tells the story, where it lives, what oxygen it gets all matter.

Host What makes a great B2B story.

Cash An emotional human truth at the heart. The story is not about the company. The customer is the hero. Often the story is not told by the company; it is told by a third party. Movies are the archetype of truth well told.

Host Brand as a simplification tool.

Cash Without brand, most B2B companies are too complicated to understand. Brand organises the chaos. The CEO is the resident chief storyteller. When we do a brand project, my laser focus is giving the CEO a new story to tell. That cascades into the organisation like a waterfall.

Host Workday as the B2B benchmark today.

Cash Workday were posting a $220 million loss in 2023. They used the Super Bowl to launch a campaign with rock stars: Ozzy Osbourne, Billy Idol. They went after the human interest at scale. They captured the hidden buyer inside an organisation, not just the targeted buyer. Three years later, $770 million profit. The brand did not do that alone, but something happened in the background that built confidence.

Host Future cash flow and the 95-5 rule.

Cash Future cash flow. When buyers are not in market, they are still making decisions about which vendors they will use later. Big brand campaigns earn the emotional yes and the trust yes for that day.

Host AI and humanisation.

Cash The AI conversation has helped agencies like ours. A line in the sand between what AI can do and what humans can do. Leaders are now investing in their personal brand and presence inside the sales cycle. People are turning back to events to eyeball each other and make the emotional connection. The split between AI-assisted output and human connection is becoming the question.

Host A B2B brand doing great marketing today.

Cash Workday. Standout example.

Host Most overrated trend.

Cash That AI can solve everything at the click of a button.

Host One thing marketing leaders should understand better.

Cash Human psychology. Biopsychology. Go deep. That is where all the answers are.

Host Advice to a younger marketer.

Cash Do not get lost in the detail of the product or the domain expertise. Understand the human psychology of how people buy, internally and externally. That will always keep you in a good place.