April 18, 2022

Money Monday: Podcast Membership

Money Monday: Podcast Membership

I have recently launched a membership program for my fishing podcast with my cohost. I'm going to share my thoughts about my very new experience, our process, stuff that we have learned so far.

Connect with Billy Thorpe: https://www.1sheet.pro/billythorpe

Transcript
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 -->