Money Monday: Podcast Membership

WEBVTT 1 00:00:00.000 --> 00:00:05.320 A center. We are really like you're listening to creating daily. There's something 2 00:00:05.400 --> 00:00:08.679 wrong with you. You know that because you and I are like a mullets. 3 00:00:08.800 --> 00:00:11.880 It is the is the business. So he's the front part of the 4 00:00:11.880 --> 00:00:15.320 haircut and then I'm the party in the back. I think they're hilarious. 5 00:00:15.720 --> 00:00:21.760 Speaks to me. It's like he's saying what I'm thinking. What's up, 6 00:00:21.800 --> 00:00:26.280 all you creator people? A little subscribe button is launched up there. Well, 7 00:00:26.280 --> 00:00:29.160 there you go, all starting to show by saying subscribe. Since it 8 00:00:29.199 --> 00:00:32.840 went off, I don't know anyways working on that kind of preshow, but 9 00:00:32.920 --> 00:00:35.679 subscribe to show. If you haven't where, if you're watching from, if 10 00:00:35.679 --> 00:00:38.960 you're watching live, feel free to hit us up in a closest chat box, 11 00:00:39.079 --> 00:00:42.840 comment box next to you. We really appreciate you being here, all 12 00:00:42.880 --> 00:00:46.759 you beautiful creator people. Welcome to another episode of creating daily. I'm your 13 00:00:46.759 --> 00:00:50.280 host, Billy Thorpe, and I'm super excited about this show because I'm going 14 00:00:50.320 --> 00:00:57.079 to share a little bit about a new project I've been working on with a 15 00:00:57.119 --> 00:01:00.560 podcast membership I just launched for my fishing show. So really appreciate that. 16 00:01:00.600 --> 00:01:03.599 What's ups in meadows already in the chat or to getting the chat fired up 17 00:01:03.599 --> 00:01:07.920 over on Youtube. Not Too much. Man, looking forward to our show 18 00:01:07.959 --> 00:01:11.920 on Friday. I got a big line up this week. Katie Brinkley coming 19 00:01:11.000 --> 00:01:15.040 on tomorrow to talk about all these all things hashtags. Like there's so much. 20 00:01:15.359 --> 00:01:18.680 What about this Hashtag? What about that? What do I find them? 21 00:01:18.680 --> 00:01:21.000 How many? Blah, Blah Blah. I have so many questions and 22 00:01:21.159 --> 00:01:25.920 Katie Brinkley is going to help solve those questions for us tomorrow at two PM. 23 00:01:25.920 --> 00:01:29.599 And then Wednesday I got my friend Jason on from out the out APPS. 24 00:01:29.640 --> 00:01:30.799 You want to get paid for your advice. You wanted to stop getting 25 00:01:30.840 --> 00:01:34.239 on the phone with everyone and giving them all the goods and not getting anything 26 00:01:34.239 --> 00:01:38.599 in return. Well, he created this really cool APP where you, it's 27 00:01:38.640 --> 00:01:42.439 a contact creator, or just as a person in general, a professional and 28 00:01:42.599 --> 00:01:46.879 expert, can get on and get monetized from just sharing your knowledge via phone 29 00:01:46.879 --> 00:01:49.640 calls. So that's pretty cool APP. And then Thursday we got Kane Baron 30 00:01:49.760 --> 00:01:53.359 coming on to talk about how to build your podcast community. So it might 31 00:01:53.439 --> 00:01:57.760 actually be a little bit like this show. It might actually have some of 32 00:01:57.760 --> 00:02:00.519 the same kind of content and context and all this kind of fun stuff. 33 00:02:00.560 --> 00:02:04.719 And I'll pray have some questions for him because he's launched I don't even know, 34 00:02:04.760 --> 00:02:08.000 I can't remember what the what the total was, but hundreds of podcasts 35 00:02:08.280 --> 00:02:12.520 and help build communities and all that kind of fun stuff. So it should 36 00:02:12.560 --> 00:02:15.599 be good. Should be a great lineup. If you haven't already hit that 37 00:02:15.680 --> 00:02:17.280 subscribe button, if you're watching on youtube or bull horn, because that's the 38 00:02:17.280 --> 00:02:21.719 only you places at this moment, you can watch us and subscribe to the 39 00:02:21.800 --> 00:02:24.280 channels so you get notifications when we schedule stuff in more importantly, when we 40 00:02:24.319 --> 00:02:28.599 go live in drops stuff. You could also listen to it on your favorite 41 00:02:28.599 --> 00:02:31.120 podcast player, so go check that out as well. All Right, so 42 00:02:31.240 --> 00:02:36.719 hope you've had an amazing Easter weekend. It's back to business. It's Monday. 43 00:02:36.879 --> 00:02:40.439 It's money Monday, not only for creating daily but for the whole world, 44 00:02:40.479 --> 00:02:44.080 because tax day. Well, I'm about the whole world, but definitely 45 00:02:44.120 --> 00:02:46.800 the United States. It's tax days. So for all you, all you 46 00:02:47.520 --> 00:02:54.039 entrepreneurs out there, I'm with you. I'm doing this right now. All 47 00:02:54.120 --> 00:02:57.840 Right, obviously I didn't really yell because that would have been terrible for my 48 00:02:57.960 --> 00:03:00.199 voice, but yeah, we all hate taxed a and I kind of forget 49 00:03:00.199 --> 00:03:04.520 about it because my wife and I took care of taxes a little earlier in 50 00:03:04.599 --> 00:03:07.199 the year and then she had to send out a group text remind all of 51 00:03:07.199 --> 00:03:09.919 our friends, all of our entrepreneur friends, like hey, it's tax day, 52 00:03:10.000 --> 00:03:13.680 like it's kind of like the wound is open, these poor salt in 53 00:03:13.719 --> 00:03:17.120 there. So I always feel I hate taxes. Anyhow, enough of taxes, 54 00:03:17.240 --> 00:03:23.680 let's get into some more fun segments. I suppose what it's till time 55 00:03:23.800 --> 00:03:27.800 with creating daily all right, this tool I've been using for a really long 56 00:03:27.800 --> 00:03:31.840 time is called buy me a coffeecom it is really kind of a cool platform 57 00:03:31.840 --> 00:03:37.520 for your community. It gives an opportunity for your community to reach out to 58 00:03:37.599 --> 00:03:43.439 you and support you, just literally support you with donations. I've been using 59 00:03:43.479 --> 00:03:46.000 this for my fishing show up until this point, which I'm going to talk 60 00:03:46.039 --> 00:03:49.319 about why I don't use it anymore. Haven't been promoting it, and it's 61 00:03:49.319 --> 00:03:52.759 been awesome, like we've literally been able to bring in, at times, 62 00:03:52.840 --> 00:03:55.400 hundreds of dollars from our community because they just want to say hey, thank 63 00:03:55.479 --> 00:04:00.520 you for making content, thank you for producing this podcast, and so you 64 00:04:00.560 --> 00:04:03.400 got to give people a way to support you and buy me a coffeecom is 65 00:04:03.400 --> 00:04:08.280 a super simple ask. It's really easy to set up and people can donate 66 00:04:08.319 --> 00:04:12.280 to you just to support you as a creator, just to support your podcast, 67 00:04:12.599 --> 00:04:14.840 all those fun things. So if you want to check it out on 68 00:04:14.879 --> 00:04:17.560 the supporter side, go to buy me a coffeecom slash Billy Thorpe. You 69 00:04:17.600 --> 00:04:20.480 can buy make up of coffee and see how it works there and then set 70 00:04:20.560 --> 00:04:24.519 up your own account as well. All right, now let's jump over to 71 00:04:24.639 --> 00:04:30.120 some creator highlights. Creator highlights. New cooking necessary. Now Assembly requires it's 72 00:04:30.120 --> 00:04:34.240 got to be funk. All right, speaking of coffee, and buy me 73 00:04:34.240 --> 00:04:38.160 a coffee. If you do go to buy my coffeecom slash Billy Thorpe, 74 00:04:38.199 --> 00:04:41.399 you're probably going to be by me a cup of Maven coffee. So my 75 00:04:41.399 --> 00:04:45.199 friends over at Maven coffee, you're sponsoring this little bit here, and they 76 00:04:45.360 --> 00:04:49.439 are amazing. It's award winning microlot hand selected by the by the Maven team. 77 00:04:49.439 --> 00:04:54.160 In this is real Columbian coffee. They work with farmers, small farmers 78 00:04:54.160 --> 00:04:57.639 in Columbia to get some of the best coffee in the world. In some 79 00:04:57.680 --> 00:05:00.560 of these farms are literally producing some of the best coffee in the world, 80 00:05:00.639 --> 00:05:04.720 voted by people who vote about the best coffee in the world. So go 81 00:05:04.800 --> 00:05:10.920 check those guys out, Maven coffeecom. Now, today's creator highlight goes to 82 00:05:11.240 --> 00:05:15.079 my two friends Chris and Amanda of the Chris and Amanda Show. If you've 83 00:05:15.079 --> 00:05:18.120 never seen before, you should definitely check it out. Super amounts of fun. 84 00:05:18.199 --> 00:05:20.879 I watched it this morning. I can remember what time to go live, 85 00:05:20.959 --> 00:05:25.439 but you can go to the Chris and Amanda Showcom and learn more. 86 00:05:25.639 --> 00:05:29.199 But literally listen to the Chris and Amanda shows like eating an ice cream on 87 00:05:29.199 --> 00:05:32.199 a hot day. It's the ultimate he said, she said podcast that will 88 00:05:32.319 --> 00:05:36.240 leave you wanting more of their discussions about music each week. It's a real 89 00:05:36.319 --> 00:05:42.240 music reaction channel with genuine reactions, and when I say it's a lot of 90 00:05:42.279 --> 00:05:45.319 fun, it is a lot of fun. I watch it this morning and 91 00:05:45.360 --> 00:05:46.639 try to tune in when I can live, but you can also get to 92 00:05:46.720 --> 00:05:50.680 replay on Youtube and all those fun places as well. And by the way, 93 00:05:50.720 --> 00:05:55.439 once I'm going to go ahead and get into this my thoughts about podcast 94 00:05:55.600 --> 00:05:59.160 memberships and things like that. If you have any questions or comments, feel 95 00:05:59.160 --> 00:06:00.519 free to live him in the question into the comments. If you're watching on 96 00:06:00.560 --> 00:06:04.399 Youtube, put a que colon and then ask your question. That way I 97 00:06:04.399 --> 00:06:08.720 can go back and find it pretty easily. And then if you're over on 98 00:06:08.759 --> 00:06:11.959 Bullhorn, oh they made it pretty easy for you. You can just put 99 00:06:11.959 --> 00:06:14.560 it in the little question section or if you want to chat over down bull 100 00:06:14.560 --> 00:06:16.399 horns, put in the chat section. And if you want to call in, 101 00:06:16.519 --> 00:06:18.360 you can call in as well. I'm not going to take any live 102 00:06:18.399 --> 00:06:23.240 callers up front, but maybe on the back end. So now enough of 103 00:06:23.279 --> 00:06:29.079 all that stuff. Let's get into my experience with podcasts membership so far and 104 00:06:29.160 --> 00:06:31.480 why we decided to even do one. So now I don't have my coach 105 00:06:31.560 --> 00:06:34.439 with me, but my coach and I work super well together. We've been 106 00:06:34.480 --> 00:06:39.680 producing a fishing show for two years. Actually this month, I think in 107 00:06:39.720 --> 00:06:43.399 like two days, it'll be two years since we launched our first episode and 108 00:06:43.680 --> 00:06:46.920 really to in my opinion, and once again I've done this one time and 109 00:06:46.959 --> 00:06:51.000 I've only been doing it for two weeks in promoting it for a little over 110 00:06:51.040 --> 00:06:56.600 a month. But in my opinion, unlike sponsorships or the way I do 111 00:06:56.639 --> 00:07:00.519 sponsorships, you got to have a bigger audience because you need to have a 112 00:07:00.560 --> 00:07:02.399 percentage of people that's going to convert, it's going to become members of your 113 00:07:02.439 --> 00:07:05.879 audience. And so if you're just launching your show now, some people, 114 00:07:05.959 --> 00:07:11.199 and I believe Kane that's going to come on Thursday. I believe he is 115 00:07:11.240 --> 00:07:15.480 going to tell you to start it from the very beginning, which I'm really, 116 00:07:15.480 --> 00:07:17.360 really curious and that's one of my questions for him, because I've heard 117 00:07:17.399 --> 00:07:20.360 him say that clubhouse room like you should start on day one a membership for 118 00:07:20.399 --> 00:07:25.279 your podcast. However, in my opinion I'm like, why would I do 119 00:07:25.319 --> 00:07:27.720 that? I probably don't have anybody listening anyway. Will get into that. 120 00:07:27.720 --> 00:07:30.000 Maybe on Thursday. I'm going to I'm going to get that conversation fired up. 121 00:07:30.040 --> 00:07:34.720 So the first thing first is we geared up just to have a podcast 122 00:07:34.920 --> 00:07:38.720 first and then to create a second show. I'm going to get into all 123 00:07:38.759 --> 00:07:41.680 that, but the thing we did with the with our podcast, is one, 124 00:07:41.759 --> 00:07:44.399 we started a podcast. So if you don't have podcast, there go 125 00:07:44.480 --> 00:07:49.120 step one. Then two, we would a had solidified sponsor relationships. Now 126 00:07:49.160 --> 00:07:53.360 this is the decision that we made because we wanted, first of all, 127 00:07:53.399 --> 00:07:57.439 we had relationships in the industry of fishing and saltwater fishing in particular. So 128 00:07:57.480 --> 00:08:01.000 we felt like we'd have better chances of going out telling the community what we're 129 00:08:01.000 --> 00:08:03.560 doing, telling people, business owners in the community, what we're doing, 130 00:08:03.600 --> 00:08:07.160 and have better chances of getting sponsored, and so that was the reason why 131 00:08:07.199 --> 00:08:13.040 we really went with sponsorship over membership, over product, over all this other 132 00:08:13.040 --> 00:08:16.399 stuff. Okay, so when I'm thinking about monetization, because it's money Monday, 133 00:08:16.399 --> 00:08:20.040 it's what I'm thinking about. I went with sponsorships first. So we 134 00:08:20.120 --> 00:08:24.319 started our podcast, we created these sponsorship relationships and then we really just said, 135 00:08:24.399 --> 00:08:26.920 like, we're going to focus on growing our audience for a while before 136 00:08:26.920 --> 00:08:28.839 we do anything else. So, if you want to put it in phases, 137 00:08:30.199 --> 00:08:33.480 phase one was launched, a podcast, gets sponsors, grow our audience, 138 00:08:33.799 --> 00:08:37.320 and that's what we've literally been focused on from nearly twenty four months is 139 00:08:37.440 --> 00:08:39.240 those three things, like how do we how do we show up, you 140 00:08:39.240 --> 00:08:43.000 know, and here's how we started growing our audience. One we stayed in 141 00:08:43.080 --> 00:08:46.399 Nitch, we stayed on the coast of North Carolina. Saltwater only if it's 142 00:08:46.440 --> 00:08:48.919 not doesn't live in the sea, we don't talk about it and we want 143 00:08:48.919 --> 00:08:52.639 to help people catch more fish more otion like that is the whole premise of 144 00:08:52.639 --> 00:08:56.120 our show and we talked only about the coast of North Carolina. So we 145 00:08:56.120 --> 00:09:01.799 stayed Super Niche. We we showed consistently so people can depend on us as 146 00:09:01.879 --> 00:09:05.159 content creators to show up every single week. In our case it's every single 147 00:09:05.159 --> 00:09:09.720 Tuesday morning. We're showing up, we're dropping an episode. And then we 148 00:09:09.919 --> 00:09:15.720 stayed consistent in our messaging and our marketing and really just putting it out there 149 00:09:15.759 --> 00:09:18.360 more and more and more and more, okay, in telling people about it, 150 00:09:18.399 --> 00:09:20.519 asking people questions, asking people for fee, you know, feedback, 151 00:09:20.559 --> 00:09:24.519 and really just honing in on the message, the content in the delivery. 152 00:09:24.559 --> 00:09:26.840 So that's what we did. So I don't want anybody to think like, 153 00:09:26.879 --> 00:09:31.240 Oh, I can start a podcasts our membership group and do what billy did. 154 00:09:31.279 --> 00:09:33.679 I've worked hard, like we, my coach and I have worked really 155 00:09:33.679 --> 00:09:37.240 hard over the last two years to create a product, one that resonates with 156 00:09:37.320 --> 00:09:41.080 our audience, that resonates with our niche, that we, you know, 157 00:09:41.200 --> 00:09:43.879 researched and understood their pain points and what they wanted and then, you know, 158 00:09:45.000 --> 00:09:48.279 kept that thing alive and did it because it's a commitment. It's not 159 00:09:48.320 --> 00:09:50.840 just started podcast to make money, but anyway, so we did that, 160 00:09:50.919 --> 00:09:54.279 we got our show right, we got our sponsor relationships right, and then 161 00:09:54.360 --> 00:10:01.240 we were looking this year to do another something like a show, a membership. 162 00:10:01.559 --> 00:10:03.919 You know, we weren't really sure. And, by the way, 163 00:10:03.960 --> 00:10:05.960 we didn't just start thinking about it this year. It wasn't like January first, 164 00:10:07.000 --> 00:10:09.519 like, you know what, why don't we start a show? Like 165 00:10:09.559 --> 00:10:13.240 this was in the plan before we ever started the show. All Right, 166 00:10:13.279 --> 00:10:16.799 so we sat down, we had a business meeting. We treat our podcast 167 00:10:16.840 --> 00:10:20.799 like a business, and we were really, you know, planning these things 168 00:10:20.840 --> 00:10:24.080 out way before, like two years ago. Okay, so this is on 169 00:10:24.120 --> 00:10:26.399 our vision map, this is on our road map to get to where we 170 00:10:26.399 --> 00:10:28.879 want to go as content creators, as being in the media space, as 171 00:10:30.039 --> 00:10:33.399 bringing this fishing content, and so this was a part of it. Is 172 00:10:33.399 --> 00:10:35.200 like one of my original like hey, we should, we should do a 173 00:10:35.240 --> 00:10:39.559 membership of some kind. Now I wasn't really clear on what that was. 174 00:10:39.799 --> 00:10:41.600 So fast forward two years. We're sitting down, we're going, okay, 175 00:10:41.600 --> 00:10:45.759 we want to do something else. We want to create an additional stream of 176 00:10:45.840 --> 00:10:48.799 revenue. What are we going to do? How we're going to do this? 177 00:10:48.960 --> 00:10:50.759 And we have this growing audience. It's awesome that showing up, they're 178 00:10:50.759 --> 00:10:52.559 showing up, we're showing up, they're showing up. This is great. 179 00:10:52.600 --> 00:10:56.559 So what now? What do we do? So we kind of set back 180 00:10:56.559 --> 00:11:01.600 in and looked at two different options. One, create a membership, which 181 00:11:01.639 --> 00:11:05.799 we both knew like that's cool, but we really didn't know exactly like what 182 00:11:05.039 --> 00:11:09.519 direction we're going to go with it, or to start a second show and 183 00:11:09.559 --> 00:11:11.879 get a sponsored. However, right now we covered the whole coast, North 184 00:11:11.919 --> 00:11:16.720 Carolina to the only second show we could probably done was maybe go to Georgia, 185 00:11:16.879 --> 00:11:20.399 maybe go north to Virginia, or maybe South Carolina, maybe in start 186 00:11:20.440 --> 00:11:26.600 another show. However, that's a whole lot more work. It's sponsored. 187 00:11:26.679 --> 00:11:28.919 You know, we could probably get a sponsored maybe pre show. But when 188 00:11:28.960 --> 00:11:31.960 we looked at it, there's a couple pros and cons with this, with 189 00:11:33.000 --> 00:11:35.879 this kind of business model, and this is really with sponsorships anyway, and 190 00:11:35.919 --> 00:11:39.080 I talked about this, but is one. You know, some of the 191 00:11:39.080 --> 00:11:43.240 pros is like, you know, we could continue to show up and talk 192 00:11:43.279 --> 00:11:48.159 about fishing and just do a different area and go get sponsors, and sponsors 193 00:11:48.159 --> 00:11:50.600 are great because it's more money up front, like I don't have to build 194 00:11:50.639 --> 00:11:56.080 this audience for this particular area and then ask them to subscribe to something. 195 00:11:56.120 --> 00:11:58.279 Okay, I can just go out, I can talk to a business who 196 00:11:58.279 --> 00:12:01.639 has a bitch, a marketing bud. It build the value of why I 197 00:12:01.639 --> 00:12:05.399 think they should sponsor my show over whatever else they're doing or in conjunction with 198 00:12:05.399 --> 00:12:09.559 whatever else they're doing marketing wise, and really make some decent money off of 199 00:12:09.559 --> 00:12:13.039 a show. So that was good. That's like we're okay, yeah, 200 00:12:13.039 --> 00:12:15.360 cool, this is great. That's a that's a plus. We should do 201 00:12:15.399 --> 00:12:18.759 that. And then we start looking at the cons and the biggest con of 202 00:12:18.200 --> 00:12:22.240 just sponsorship in general is you can't put that many sponsors on your show. 203 00:12:22.279 --> 00:12:28.600 Now I have a sponsor segment where we talked about sponsors. However, I 204 00:12:28.600 --> 00:12:31.240 realize pretty quickly like if I get more than a couple, you know, 205 00:12:31.279 --> 00:12:35.039 two or three on the show at a time, that becomes a little convolute. 206 00:12:35.039 --> 00:12:37.399 I'm not really doing a good job for the brand, I'm really not 207 00:12:37.399 --> 00:12:41.759 doing a good job for my audience. And so we decided like hit, 208 00:12:41.799 --> 00:12:43.559 maybe this is not the best, you know, the best scalable thing. 209 00:12:43.600 --> 00:12:48.840 It's not scalable just to go get sponsors. Now you can do other stuff 210 00:12:48.919 --> 00:12:52.159 with sponsors and create other relationships and all. You know, all this kind 211 00:12:52.159 --> 00:12:56.159 of stuff, and you know monty that was on the show last week really 212 00:12:56.240 --> 00:12:58.559 dove into some of those things. And so there is that opportunities. So 213 00:12:58.879 --> 00:13:05.399 don't think just sponsoring my podcast. But for us in this particular project it 214 00:13:05.440 --> 00:13:07.799 didn't make a whole lot of sense because we're not creating in a lot of 215 00:13:07.799 --> 00:13:11.759 other areas right now. We're really just focused on the podcast and just to 216 00:13:11.840 --> 00:13:15.519 podcast a loan. It's not like, you know, we have an Amazon 217 00:13:15.559 --> 00:13:18.399 store for the fishing show, like you know, it's not like we're creating 218 00:13:18.399 --> 00:13:22.200 additional content on youtube for it. So all that kind of stuff didn't really 219 00:13:22.200 --> 00:13:24.279 make sense for us. And then we started looking at memberships and we're like, 220 00:13:24.399 --> 00:13:28.159 okay, what's the pros and cons of that? What can we do? 221 00:13:28.279 --> 00:13:33.200 So one of the pros it's scalable, right, so you can literally 222 00:13:33.240 --> 00:13:37.919 sell as many seats as you want to this sponsorship or to this membership program. 223 00:13:37.960 --> 00:13:43.200 It's unlimited. So there's no I mean it's long as you can get 224 00:13:43.200 --> 00:13:46.480 somebody to see the value as a listener or as an audience member of viewer 225 00:13:46.559 --> 00:13:50.960 or whatever, and they want to pay their x amount of dollars per month, 226 00:13:50.000 --> 00:13:54.840 per year, then that's what you do. You can sell it. 227 00:13:54.919 --> 00:13:56.639 So it's scalable. So it's like, all right, this is always a 228 00:13:56.679 --> 00:14:01.480 plus, like do a project once, sell it a multiple, multiple times, 229 00:14:01.480 --> 00:14:03.279 like this is great, like we, you know, we love that 230 00:14:03.320 --> 00:14:07.519 part of it. Another cool pro is we could pre sell this. So 231 00:14:07.519 --> 00:14:09.600 we could presell it, which we did and I'll talk about but we could 232 00:14:09.600 --> 00:14:13.679 pre sell it before the launch to make sure the product is something that our 233 00:14:13.720 --> 00:14:16.080 audience wanted, and so that's what we did and I'll tell you about that 234 00:14:16.159 --> 00:14:18.639 in a minute. But it's kind of cool because we can, you know, 235 00:14:18.639 --> 00:14:22.279 say hey, we're going to put this out there. If people want 236 00:14:22.279 --> 00:14:24.080 it, they'll buy it. If not, we're just not going to do 237 00:14:24.080 --> 00:14:26.440 it, we're just not going to show up for it and we're, you 238 00:14:26.480 --> 00:14:28.799 know, we're going to give their money back or whatever. And then the 239 00:14:28.799 --> 00:14:33.519 third pro here is it's fairly automated. So you put it into your production, 240 00:14:33.639 --> 00:14:37.840 you put it into your promotional stuff and you can just tell people like 241 00:14:37.879 --> 00:14:39.279 hey, we have this membership, we have this additional content, you can 242 00:14:39.320 --> 00:14:43.720 go sign up and it's fairly automated. Now there's some cons to it. 243 00:14:43.759 --> 00:14:46.120 One of the cons is customer service. Right. So in our particular industry 244 00:14:46.159 --> 00:14:50.200 we've had a few people struggle with can, you know, get into the 245 00:14:50.279 --> 00:14:54.440 website, compatibility issues May and then we had two little website slowness problem. 246 00:14:54.480 --> 00:14:56.480 Okay, so that was a little, you know, something we had to 247 00:14:56.480 --> 00:15:01.320 fix with a server issue or whatever. Man Your community. What does that 248 00:15:01.399 --> 00:15:03.120 look like like? That's a lot of work. Like do we start a 249 00:15:03.200 --> 00:15:07.799 community? Do we just deliver additional content? Like these are all the cons 250 00:15:07.799 --> 00:15:11.279 going on in our head. Feature requests, managing people's expectation. So now, 251 00:15:11.279 --> 00:15:15.360 instead of me just working with three, four, five, six, 252 00:15:15.360 --> 00:15:20.399 seven, ten sponsors a year, now I'm going, okay, here's potentially 253 00:15:20.480 --> 00:15:24.519 hundreds, potentially thousands of people, and now I'm you know, maybe maybe 254 00:15:24.600 --> 00:15:28.600 we're like taking all kinds and bound requests. Like what does that look like? 255 00:15:28.639 --> 00:15:31.080 What does that workflow? And that Admin and refunds, and I'm not 256 00:15:31.120 --> 00:15:33.440 having any you know, all this kind of stuff. What does that look 257 00:15:33.480 --> 00:15:37.159 like? And I don't know yet because we're just two weeks into it, 258 00:15:37.320 --> 00:15:39.960 but I'll share, you know, some a little bit about our experience so 259 00:15:41.000 --> 00:15:43.120 far and then you know, software stuff. I kind of I set this 260 00:15:43.200 --> 00:15:46.279 up and not manually touch all this stuff, which, you know, my 261 00:15:46.320 --> 00:15:50.399 coast did a fantastic job with. Ended up going with member press over like 262 00:15:50.440 --> 00:15:54.000 Patreon or buy me a coffee, just because we keep more money. Right. 263 00:15:54.039 --> 00:15:58.080 It's we can manage ourselves and keep more money, all that kind of 264 00:15:58.080 --> 00:16:00.840 stuff. So that was you know. So so we did, you know, 265 00:16:02.039 --> 00:16:06.639 what is it to look like for sponsorships versus membership? We liked it. 266 00:16:06.720 --> 00:16:10.399 Memberships are scalable, and then we kind of got into like, all 267 00:16:10.480 --> 00:16:11.960 right, we need a goal. All right, so we need a goal 268 00:16:12.080 --> 00:16:15.440 before we ever launch this thing. What are we trying to accomplish? What 269 00:16:15.440 --> 00:16:21.519 are we trying to achieve? And that was to get a certain amount of 270 00:16:21.519 --> 00:16:26.519 members pre launch. Now I was pretty much shocked because I've been in a 271 00:16:26.559 --> 00:16:33.919 creative community. I've launched membership programs for mastermind stuff. I've been a part 272 00:16:33.919 --> 00:16:40.279 of a mastermind leading a master mind. I've been a part of other people's 273 00:16:40.360 --> 00:16:45.440 launches, like from outside looking in, and I just know like membership stuff 274 00:16:45.559 --> 00:16:48.399 is tough to sell and it's tough to get people to sign up in and 275 00:16:48.480 --> 00:16:52.279 so what we did was we did a pretty cell. So we did what's 276 00:16:52.279 --> 00:16:56.320 called a charter membership and we took our yearly rate, we cut in half 277 00:16:56.320 --> 00:17:00.759 and said if you sign up before April fifteen and you can have a year 278 00:17:00.799 --> 00:17:04.200 for half the price of what the regular annual price would be. In our 279 00:17:04.240 --> 00:17:07.799 goal in the beginning was we want to reach twenty five people. If we 280 00:17:07.839 --> 00:17:12.200 can get twenty five people to buy into this in you know, good get 281 00:17:12.240 --> 00:17:17.759 these additional this additional content per month, then we really feel like we have 282 00:17:17.880 --> 00:17:21.440 something that is sustainable. We can grow that. Okay, you know, 283 00:17:21.480 --> 00:17:23.240 if you get twenty five people, like and once again we're just kind of 284 00:17:23.279 --> 00:17:26.160 making this stuff up. All right, it's not like I read a blog 285 00:17:26.200 --> 00:17:27.920 and said Hey, get twenty five people and you got a golden nugget. 286 00:17:27.960 --> 00:17:32.319 You know, it wasn't any of that. It was just based on my 287 00:17:32.319 --> 00:17:33.279 experience. Like, Dude, if we get twenty five people, that will 288 00:17:33.279 --> 00:17:37.640 feel pretty successful. So that was that was our goal. And now we 289 00:17:37.680 --> 00:17:41.839 haven't set this, but maybe I probably will in the next coming weeks. 290 00:17:41.000 --> 00:17:44.319 Is like what's my three month goal? Six Month, twelve month, go 291 00:17:44.480 --> 00:17:45.880 all that kind of stuff, and then you have to look at like what 292 00:17:47.000 --> 00:17:51.319 is your time commitment? So this was another con and I'm going to get 293 00:17:51.359 --> 00:17:55.440 into this here in a second, but this was a con for this project 294 00:17:55.440 --> 00:17:59.400 in is still kind of is. I think we have a pretty good workflow, 295 00:17:59.440 --> 00:18:03.599 but it's a lot of additional work. So for our current fishing podcasts, 296 00:18:03.119 --> 00:18:07.240 we're showing up, we're doing live to drive, we're batch recording maybe 297 00:18:07.240 --> 00:18:10.920 two, maybe three episodes every week, and so we got a stack of 298 00:18:11.000 --> 00:18:14.759 those in there. Well, with our new content, is time sensitive. 299 00:18:14.799 --> 00:18:18.640 It is what is happening on the water last week, this week and in 300 00:18:18.680 --> 00:18:22.200 a forecast for next week, and it is basically, you know, fishing 301 00:18:22.240 --> 00:18:26.319 reports that need to be shot the same week. So now it's not ah, 302 00:18:26.440 --> 00:18:30.039 we schedule one guess, but now we have a plethora of guests, 303 00:18:30.160 --> 00:18:34.839 like like ten a week, and we're recording these little segments with them, 304 00:18:34.880 --> 00:18:38.680 these little Fisher report segments, and then I'm going into the editing studio to 305 00:18:38.799 --> 00:18:41.279 put them all into place. So it's not like hey, we just give 306 00:18:41.279 --> 00:18:45.119 you guys this timeline, you show up on the minute we tell you and 307 00:18:45.160 --> 00:18:48.240 I can continue to roll in the footage and just pop you in like it's 308 00:18:48.240 --> 00:18:51.359 a live stream. And that's just not how it did. So anyway, 309 00:18:51.400 --> 00:18:53.559 you got to look at the time commitment as well and one of those expectations 310 00:18:53.559 --> 00:18:56.640 of your time versus reward. And so we looked at that and said, 311 00:18:56.680 --> 00:18:59.839 okay, if we get twenty five people a year to sign up for this, 312 00:19:00.319 --> 00:19:03.039 you know, we'll commit for one whole year and see if we can 313 00:19:03.079 --> 00:19:04.599 grow it. So that was kind of the thing. So now the idea 314 00:19:04.759 --> 00:19:08.480 part of it was, all right, now, we're committed. Now, 315 00:19:08.519 --> 00:19:11.799 we said, we get a number. Now, like what are we going 316 00:19:11.839 --> 00:19:15.480 to offer? And I think sometimes when you look at like Patreon, you 317 00:19:15.559 --> 00:19:19.759 look at buy me a coffee, I'm overwhelmed, like I even go to 318 00:19:19.759 --> 00:19:23.119 some people's Patreon and I try to read there, you know, like what 319 00:19:23.160 --> 00:19:26.279 are they going to offer me? What am I going to get? How 320 00:19:26.359 --> 00:19:27.279 much? And I just get overwhelmed them like, you know what, I 321 00:19:27.359 --> 00:19:30.799 don't know if this is I don't know if this is going to be for 322 00:19:30.880 --> 00:19:34.160 me or not, and then I sometimes I even bail on the project. 323 00:19:34.160 --> 00:19:37.799 I'm like God, I don't know whatever. So I didn't really want to 324 00:19:37.799 --> 00:19:41.119 do that and neither did my cohost, because one the deliverables need to be 325 00:19:41.200 --> 00:19:45.720 within our reach. Right we need to be able to show up, deliver 326 00:19:45.759 --> 00:19:48.880 this content, deliver what we say we're going to deliver on that list. 327 00:19:48.920 --> 00:19:52.839 So we didn't want to overpromise and under deliver, but we wanted to just 328 00:19:52.880 --> 00:19:56.400 say, Hey, let's focus on one thing at a time and let's deliver 329 00:19:56.519 --> 00:20:02.799 this one thing and then, as we progress and grow and have more resources 330 00:20:02.799 --> 00:20:06.680 than we can maybe outsource a couple projects focus on some other stuff. Okay, 331 00:20:06.720 --> 00:20:08.599 so this is like in this all in the making. Okay, so 332 00:20:08.640 --> 00:20:11.279 I'm not saying like, Hey, take notes and go do what I did, 333 00:20:11.319 --> 00:20:14.319 because there might be a better way to do it. I'm just wanted 334 00:20:14.359 --> 00:20:18.599 to share my experience over the last couple weeks and month of putting this thing 335 00:20:18.720 --> 00:20:22.519 together. So what do we choose? We chose to do phishing reports. 336 00:20:22.599 --> 00:20:26.839 Now, you might say, how did you come across this idea? And 337 00:20:26.880 --> 00:20:29.400 we decide to do weekly fishing reports. By the way, let me say 338 00:20:29.440 --> 00:20:32.480 that weekly. That's when I'm talking about that time frame. I can't get 339 00:20:32.480 --> 00:20:34.000 somebody to give me a fishing report from a month ago and having to be 340 00:20:34.079 --> 00:20:38.640 relevant for this week. So I need it this week about this week projection 341 00:20:38.680 --> 00:20:44.559 for next week. So my cohost, luckily for me, has been do 342 00:20:44.680 --> 00:20:48.480 providing fishing reports for like twenty years, and so this is actually, you 343 00:20:48.480 --> 00:20:51.079 know, I think the membership thing. You know, we kind of brainstorm, 344 00:20:51.079 --> 00:20:52.839 but we're brainstone, like what, you know, what do we do? 345 00:20:52.880 --> 00:20:53.880 What are we doing? He's like, Hey, can we do what 346 00:20:53.960 --> 00:20:57.480 I do, what I've been doing for twenty years in the form of audio 347 00:20:57.519 --> 00:21:00.000 and video? I'm like, cool, this is a great idea, so 348 00:21:00.079 --> 00:21:03.359 let's take it in trying to figure it out. So that was good. 349 00:21:03.400 --> 00:21:07.359 So when you're thinking about these membership groups and you're thinking about creating a membership 350 00:21:07.359 --> 00:21:11.680 for your podcast, figure out what you are really good at, figure out 351 00:21:11.720 --> 00:21:15.200 what your cohost is really good so my cohost, he's been doing fishing imports 352 00:21:15.200 --> 00:21:18.359 for twenty years. He's great at getting fishing reports. He's great at giving 353 00:21:18.359 --> 00:21:22.319 people, asking them the right questions to get the right answers to. He's 354 00:21:22.359 --> 00:21:25.559 great all that. Okay, now what am I great at? I'm great 355 00:21:25.599 --> 00:21:29.079 at making all the stuff come together and creating the story on this timeline of 356 00:21:29.200 --> 00:21:33.240 video and audio and making it all come together and make sense. So we 357 00:21:33.279 --> 00:21:37.680 can take multiple different people in the same project and make all this stuff makes 358 00:21:37.720 --> 00:21:41.039 sense together. So we took those two elements his twenty years experience doing that, 359 00:21:41.279 --> 00:21:47.480 my eighteen years of creating video and audio projects and put them together and 360 00:21:47.519 --> 00:21:51.400 that's what we decided to do, is to do weekly fishing reports for people 361 00:21:51.480 --> 00:21:53.960 along the coast to North Carolina. Now let's talk about the pros of this. 362 00:21:55.000 --> 00:21:57.759 So the pros of this is one. It's pretty unique. No one's 363 00:21:57.799 --> 00:22:00.920 doing it the way we are doing I'll say that. Now there's people given 364 00:22:00.960 --> 00:22:03.440 fishing reports, a Fisher report PODCAST, all that. It's not like a 365 00:22:03.599 --> 00:22:08.039 new idea, but the way that we're doing it, the way that we 366 00:22:08.079 --> 00:22:12.400 are you know, have contributors and different things like that, is is fairly 367 00:22:12.480 --> 00:22:18.039 unique. And it's just packed full of content and it's just packed full of 368 00:22:18.160 --> 00:22:21.759 data and information and I don't know anybody else doing it and I did my 369 00:22:21.799 --> 00:22:25.440 research it, did my due diligence to see how it was going and it's 370 00:22:25.440 --> 00:22:27.319 so it's unique. And then also, this is something that people are already 371 00:22:27.319 --> 00:22:30.839 asking for. Right. I already told you my my co has been doing 372 00:22:30.880 --> 00:22:33.880 this for twenty years, delivering fishing reports on a different medium, hold different 373 00:22:33.880 --> 00:22:38.039 whole different way, but people keep getting them, they keep picking them up, 374 00:22:38.079 --> 00:22:41.880 they keep reading them on the internet or whatever he's, you know, 375 00:22:41.960 --> 00:22:45.000 doing, and so this is the same thing. So people want it. 376 00:22:45.079 --> 00:22:48.799 So it's unique. People want it. And now the cons, which I 377 00:22:48.839 --> 00:22:55.000 love into this a little bit earlier, is we can't batch it. So 378 00:22:55.119 --> 00:22:57.400 we are used to batching it. We are creators who live to drive, 379 00:22:57.880 --> 00:23:00.400 batch record. We got them in the tank, we put them out there. 380 00:23:00.440 --> 00:23:03.440 Okay, so we can't batch it, we can't live to drive record 381 00:23:03.519 --> 00:23:06.640 it. And then we get to figure out, like, how do we 382 00:23:06.640 --> 00:23:10.680 provide enough value to our weekly guests who are who are showing up, who 383 00:23:10.680 --> 00:23:12.759 are buying into what we're doing in luckily, a lot of these people who 384 00:23:12.799 --> 00:23:17.799 are contributors, they've been our podcast before. They understand that when they partner 385 00:23:17.839 --> 00:23:19.079 with us, that they that, you know, they're going to see return 386 00:23:19.119 --> 00:23:22.880 on their investment of time and they're super passionate about the community. So we 387 00:23:22.920 --> 00:23:25.960 share a lot of the same values, things like that. Okay, so 388 00:23:26.000 --> 00:23:29.079 that was you know, these are a couple of cons and then the last 389 00:23:29.079 --> 00:23:33.519 thing is we're showing up every single week at certain time, certain time frame, 390 00:23:34.480 --> 00:23:37.440 to record these and then I edit thew and I put them out and 391 00:23:37.480 --> 00:23:41.720 all that kind of stuff. So a lot of commitment. This is what 392 00:23:41.759 --> 00:23:45.720 I've noticed with a membership versus just a podcast. It is another level of 393 00:23:45.839 --> 00:23:49.039 commitment. So when you're thinking about this, when your brainstorm in it, 394 00:23:49.200 --> 00:23:52.160 think about that. Okay, think about your content, think how you're going 395 00:23:52.200 --> 00:23:56.119 to deliver it, think about how you're going to do all this. Now, 396 00:23:56.160 --> 00:23:59.680 how do we even verify that this was a good idea? Is? 397 00:23:59.720 --> 00:24:03.319 We put it out there, we started using our podcasts that we have Leverett, 398 00:24:03.359 --> 00:24:06.039 that we've built for two years, that we have a decent size audience 399 00:24:06.119 --> 00:24:10.279 with, and we started just having the conversation. Look, we're going to 400 00:24:10.319 --> 00:24:15.880 do these fishing reports. Here is fifty percent off for for the first year 401 00:24:15.920 --> 00:24:18.839 and every year after upon renewal. So that's what we did to kind of 402 00:24:18.839 --> 00:24:22.880 spice up the deal. was fifty percent off and then if you renew, 403 00:24:23.000 --> 00:24:26.440 you can keep that same deal. You'll be grandfathered in with your renewal. 404 00:24:26.839 --> 00:24:30.039 And so what we did was just put it out there and we just I 405 00:24:30.079 --> 00:24:33.440 mean, that was it, like we literally, speaking of fishing, put 406 00:24:33.480 --> 00:24:37.160 some bait on the hook, we threw it out there and we just sat 407 00:24:37.279 --> 00:24:41.160 on it and we put it in our episodes and we made a special announcement 408 00:24:41.160 --> 00:24:44.039 about it, we made a video, we put it into some emails and 409 00:24:44.240 --> 00:24:47.680 so far we've had over a hundred and forty, I think it's like a 410 00:24:47.720 --> 00:24:52.079 hundred forty eight, almost a hundred fifty, people sign up for our membership 411 00:24:52.079 --> 00:24:55.359 and we're seeing one two membership sign ups every day, you know, coming 412 00:24:55.440 --> 00:24:59.920 in. So that has really been, you know, my experience so far. 413 00:25:00.200 --> 00:25:03.799 And once again, this isn't like k take notes and do what billy 414 00:25:03.920 --> 00:25:07.319 did. This is really I just want to share with you the possibilities of 415 00:25:07.400 --> 00:25:11.519 what your podcast can do for you. You know financially, what your podcast 416 00:25:11.559 --> 00:25:15.680 can do for your community, and then you know now what I what. 417 00:25:15.960 --> 00:25:18.599 This is what I call like stacking. So some people go, well, 418 00:25:18.640 --> 00:25:22.200 are you going to stop doing sponsorships? Like, no, like our main 419 00:25:22.279 --> 00:25:26.400 podcast that's free to the world, it's going to still have sponsors. That's 420 00:25:26.440 --> 00:25:30.400 still valuable to sponsors and we're going to keep building those sponsored relationships and adding 421 00:25:30.440 --> 00:25:34.599 sponsors to that show as we can in filling in those empty spaces all throughout 422 00:25:34.640 --> 00:25:41.079 the year. But this is just another level of monetization as content creator and 423 00:25:41.160 --> 00:25:42.240 this is money Monday. So I want to tell you how to make some 424 00:25:42.279 --> 00:25:47.400 money. So if you're not thinking about memberships, begin to just brainstorm. 425 00:25:47.400 --> 00:25:49.960 What does that look like? And there's all kinds of different platforms that you 426 00:25:51.079 --> 00:25:55.720 can host these things through. We chose member press because we already had a 427 00:25:55.720 --> 00:26:00.000 word press website. So we chose member press and we're just running people through 428 00:26:00.039 --> 00:26:03.319 that. And we have pro vimeio count which gets our private video and then 429 00:26:03.319 --> 00:26:07.480 we have a hell audio account. She gets our private audio and it's also 430 00:26:07.559 --> 00:26:11.519 delivered to their phone as well. I mean I know there's I see monty 431 00:26:11.559 --> 00:26:15.839 weaver jumping the chat there. He has a community group there. I think 432 00:26:15.880 --> 00:26:19.599 it's I can't remember what the platforms called down now. I said that I 433 00:26:19.640 --> 00:26:23.119 just saw it this morning to but there's all kinds of different membership platforms that 434 00:26:23.160 --> 00:26:26.359 you can jump on that probably make life a lot easier, a lot easier 435 00:26:26.359 --> 00:26:30.680 than member press. But I think you just kind of think about it like 436 00:26:32.319 --> 00:26:36.119 what can I deliver to my community, to my audience? And I will 437 00:26:36.160 --> 00:26:40.880 say this like probably, and I don't know at what, I don't know 438 00:26:40.920 --> 00:26:44.200 statistically. And once again I'm excited to have kne on on Thursday because I 439 00:26:44.200 --> 00:26:48.359 believe he's done quite a bit of this, but it is. What is 440 00:26:48.400 --> 00:26:52.519 the percentage of conversion? And this is one thing that I don't even know, 441 00:26:52.599 --> 00:26:55.200 like should I measured after thirty days? Shout, I'm measured after a 442 00:26:55.200 --> 00:26:59.359 week? Should I'm measured after preshow? We started promoting this project in February, 443 00:26:59.440 --> 00:27:03.319 Twenty Eight, twenty seven, twenty eight, and now, you know, 444 00:27:03.359 --> 00:27:07.240 we just launched it last week and we cut off our our charter membership 445 00:27:07.240 --> 00:27:11.240 opportunity on the fifteen, so it's only been a few days now. I. 446 00:27:11.480 --> 00:27:15.039 So I can't really say like, Oh, x amount of our audience 447 00:27:15.119 --> 00:27:18.000 converted, this is your conversion rate. I've heard anywhere from one percent to 448 00:27:18.160 --> 00:27:26.359 fifteen percent for podcast membership conversions and I think we're probably maybe, I don't 449 00:27:26.400 --> 00:27:30.920 know, one percent or less, I don't know. So it's still, 450 00:27:30.960 --> 00:27:33.279 you know, a decent amount of people. And then also, like how 451 00:27:33.319 --> 00:27:37.200 good are stats? How good are you know podcast stats and all that stuff? 452 00:27:37.240 --> 00:27:40.440 So I don't really you know, I don't have all the answers to 453 00:27:40.480 --> 00:27:45.119 that, but I know it is it is very interesting to me to see 454 00:27:45.160 --> 00:27:49.519 what this membership is done already and what it will continue to do and how 455 00:27:49.519 --> 00:27:55.000 we can continue to build it. So give your community opportunity to reach out 456 00:27:55.039 --> 00:27:59.920 to you through buy me a coffee or, like I said, patreon or 457 00:27:59.960 --> 00:28:02.079 something, and you don't have to make it so complicated. This is what 458 00:28:02.160 --> 00:28:04.680 I think when I see patreon accounts. It's like all these three different tiers 459 00:28:04.720 --> 00:28:08.039 and all this content and all this additional work and all, you know, 460 00:28:08.200 --> 00:28:14.880 all this kind of stuff. We literally are delivering one additional hour of content 461 00:28:14.960 --> 00:28:18.839 per week that we're just prerecording. Now, I get it, but we're 462 00:28:18.880 --> 00:28:22.240 not. We don't have a community group, there's no comments, there's no 463 00:28:22.519 --> 00:28:26.440 chats, there's there's no facebook group, there's none of that. Now all 464 00:28:26.480 --> 00:28:33.119 that stuff we have on our on our list to eventually incorporate into what we're 465 00:28:33.160 --> 00:28:37.799 doing. However, to start we kept it super, super simple. So 466 00:28:37.799 --> 00:28:40.559 if you have any questions, feel free you once again to hit me up 467 00:28:40.559 --> 00:28:44.119 in the in the chat, hit me up in the questions thing for a 468 00:28:44.160 --> 00:28:47.960 bullhorn. got a little get a little chat here. Oh, James Six, 469 00:28:48.000 --> 00:28:49.440 what's up man? Good Day, sir, good to see you another 470 00:28:49.559 --> 00:28:52.240 awesome live streamers. So yeah, if you have any chats or whatever, 471 00:28:52.359 --> 00:28:57.359 feel free to leave them there and then, if you're commenting on on Youtube, 472 00:28:57.359 --> 00:29:00.720 I'll just flash it up here like monty weavers has hashtag creating daily appreciate 473 00:29:00.759 --> 00:29:03.880 you. You doing that. MONTY's a youtube x first. So maybe I 474 00:29:03.880 --> 00:29:08.319 should think about this creating Hashtag, but let me know in the chat. 475 00:29:08.359 --> 00:29:11.839 Do you have a membership for your podcast? Is it on your radar to 476 00:29:11.920 --> 00:29:15.640 do one, and if you have any questions about it? Once again, 477 00:29:15.720 --> 00:29:18.519 this is not like a it's not like a workshop on like best practices or 478 00:29:18.559 --> 00:29:22.079 how to grow it or how to launch it. I literally just wanted to 479 00:29:22.079 --> 00:29:26.279 share my experience because if you know me for any amount of time, you 480 00:29:26.319 --> 00:29:30.960 know I'm often throwing mud against the wall trying to see what sticks, and 481 00:29:30.000 --> 00:29:34.200 then I'm quick to share, maybe sometimes prematurely, with my community about what's 482 00:29:34.240 --> 00:29:38.920 working. And you know, everyone's circumstances are different, everyone's podcast is different, 483 00:29:38.920 --> 00:29:44.799 everyone podcasts audience size is different. I would say that I do believe 484 00:29:44.839 --> 00:29:49.119 you need an audience that's a pretty decent size to get, you know, 485 00:29:49.200 --> 00:29:52.039 to make money off this. Now you can start a day one and you 486 00:29:52.160 --> 00:29:56.279 say, Hey, this is a membership, and I'm you know, if 487 00:29:56.319 --> 00:29:59.960 that's what you want to do. But for us we didn't have the bandwidth 488 00:30:00.200 --> 00:30:03.400 just to create an additional show for no reason. And so our whole, 489 00:30:03.480 --> 00:30:10.960 you know, reasoning for creating additional show was to generate another stream of revenue. 490 00:30:11.240 --> 00:30:14.880 And then also we want to create additional content as well. But once 491 00:30:14.920 --> 00:30:18.039 again, monetization strategy. It's like we can't show up and take time away 492 00:30:18.079 --> 00:30:22.400 from our friends and family and in all this just to create because we like 493 00:30:22.480 --> 00:30:26.599 to create. We wanted to create to bring value but also get value. 494 00:30:26.640 --> 00:30:30.640 So it's value for value. I think it's a really cool thing. I'll 495 00:30:30.759 --> 00:30:33.359 keep you guys up. Today. I don't see anybody chatting or commenting or 496 00:30:33.359 --> 00:30:37.599 any of that stuff, and I don't want to just talk to be talking, 497 00:30:37.000 --> 00:30:41.240 but I do see we got several people on Bullhorn listening. So really 498 00:30:41.279 --> 00:30:45.039 appreciate you guys. If you haven't subscribed already, find that near subscription button 499 00:30:45.119 --> 00:30:48.799 or subscribe button we go, kind of bring it up. There we go. 500 00:30:49.559 --> 00:30:52.720 That's a little high. Anyway, I got to work on these graphics 501 00:30:52.720 --> 00:30:56.079 a little bit for the show. As you know, as you could probably 502 00:30:56.079 --> 00:30:59.119 tell, I just like to run stuff like kind of lean and mean, 503 00:30:59.240 --> 00:31:03.279 keep it simple, focus on the value, focus on the content and deliver 504 00:31:03.319 --> 00:31:07.480 it that way. So if you're interested in this type of content. Feel 505 00:31:07.519 --> 00:31:11.599 free to, like I said, subscribe and then also I upload these every 506 00:31:11.640 --> 00:31:15.200 week to a podcast hosting company that sends it out to all the major podcast 507 00:31:15.240 --> 00:31:19.359 players, so you can listen to it on the go as well. All 508 00:31:19.480 --> 00:31:22.880 right, I don't believe I have anybody commenting or asking any questions. So 509 00:31:23.000 --> 00:31:26.799 really appreciate you guys jumping on the show today. Join me. Tomorrow I'M 510 00:31:26.799 --> 00:31:30.960 gonna be joined by Katie Brinkley, who we're gonna talk about. We're going 511 00:31:30.000 --> 00:31:34.960 to hash out the HASHTAGS. There are so much conversation going on around hashtags. 512 00:31:36.000 --> 00:31:37.400 How do they work? What do you find and what tools do you 513 00:31:37.480 --> 00:31:41.839 use? And we're really going to jump into it and we're going to hash 514 00:31:41.839 --> 00:31:42.599 it. We're going to hash it out. All right, yeah, here 515 00:31:42.640 --> 00:31:45.319 we go, super creative, I know we're going to hash it out. 516 00:31:45.359 --> 00:31:49.200 And then once again on Wednesday I got my friend Jason Hill from the out 517 00:31:49.279 --> 00:31:52.960 APP. Just drop the out APP and you can get paid literally for your 518 00:31:52.960 --> 00:31:57.519 advice. It's a really cool way to to create content. Are Not really 519 00:31:57.519 --> 00:32:01.039 even create content, but take phone calls via an APP, have your have 520 00:32:01.160 --> 00:32:05.160 your time, track, charge what you want, get paid what you want 521 00:32:05.400 --> 00:32:07.839 for your advice. So if you're helping people and you always get people go 522 00:32:07.880 --> 00:32:10.400 hey, may go jump on a fifteen minute call. I get some questions, 523 00:32:10.400 --> 00:32:15.720 it turns into forty five minutes. For me it's a big struggle because 524 00:32:15.720 --> 00:32:16.880 I just want to help people, I want to give it all away, 525 00:32:16.920 --> 00:32:22.000 and I do. But then once again there's that time is like, dude, 526 00:32:22.000 --> 00:32:23.680 I can't be on the phone for twenty minutes, you know. So 527 00:32:23.799 --> 00:32:28.640 that's a cool way to get monetized. And then Thursday we got Kane, 528 00:32:28.640 --> 00:32:30.119 I mentioned him several times, going to come on and talk about building your 529 00:32:30.119 --> 00:32:32.839 podcast community. And then Friday get my friends and meadows on. He's a 530 00:32:32.839 --> 00:32:37.160 cohost for Friday show and we're going to be talking about collaboration. So I 531 00:32:37.240 --> 00:32:42.480 just talked about one today with my cohost. It's been super amazing over at 532 00:32:42.519 --> 00:32:46.319 the fisherman's post podcast. It's been super great. And so sidnight collaborate on 533 00:32:46.359 --> 00:32:49.519 a lot of stuff as well. So we're going to talk about how do 534 00:32:49.519 --> 00:32:52.480 you put that collaboration together and make it a success? All right, that 535 00:32:52.559 --> 00:32:55.599 is all from billy, from Billy, from me? Oh No, I 536 00:32:55.599 --> 00:33:00.119 said Billy, over your recruiting daily. Hope you have a wonderful day. 537 00:33:00.480 --> 00:33:04.319 Go hit record, go create something great and if you need some help, 538 00:33:04.880 --> 00:33:07.279 you know, brainstorm me and you're getting a sponsor for your show or whatever, 539 00:33:07.480 --> 00:33:10.079 reach out to me. That's what I do. I help creators just 540 00:33:10.160 --> 00:33:15.039 like you monetize their projects through sponsorships, and I'll be willing to share some 541 00:33:15.039 --> 00:33:17.839 stuff about this membership as well. All Right, we'll see tomorrow. Two 542 00:33:17.880 --> 00:33:30.640 PM, Katie is going to be closed with me. We'll see you then. 543 -->