Transcript
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Welcome back to another episode of MC
Club. I'm joined with Benji block today
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and we're going to be covering industry
news, podcast news that is relevant for
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be tob marketers, highlighting a member
of my club and going through some frequently
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asked questions from the community at large. Let's break open some news and welcome
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to your first appearance on my club, enggy. Thanks Dan, it's great
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to be here. I love scrolling
through the news. So much of it
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is just not relevant for bedb marketers, but here's three that I thought were
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worth talking about. Starting with the
fact that apple podcasts connect has new analytics,
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and I think I announced this last
time that they were doing this,
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but I actually had a chance to
log in for the first time, go
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into my own podcast and be shocked
my how few followers actually had podcast connect
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on applecom. Go check this out. If it was set up for you
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automatically, you need to go bug
your host to get a log in for
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this. Otherwise, if you set
this up and you know what the log
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INS is, probably connected to your
apple account. But, Benjie, you
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have not checked it out for bedb
growth yet. I have it. I'm
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very intrigued man, because bb grows
been around a long time. Like what
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have we've been averaging for like downloads
per episode? I will pull it up
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while you tell me what exactly you
saw and then we can talk about what
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you think I'm going to see,
because this will be I think it's awesome
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that they're choosing to do this.
I've always had this issue because I listen
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to my podcast on spotify, but
I want there to be like a source
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of truth and I think all of
us is podcasters want that. It's something
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that I know our customers ask and
I've been asked a lot, like Oh,
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how many subscribers do we have,
which we now call followers, because
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subscribers and apple now mean a paid
subscriber. So if you follow a show,
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that's technically what we used to think
of. A subscriber. Now used
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to be a mystery. Used to
never know what that was. You could
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guess, like how many downloads did
you get in the first forty eight hours
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and you're like, uh, that's
probably the amount of subscribers. If I
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get a hundred downloads in the first
twenty four hours and that's probably like a
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hundred people listening. Turns out it's
not, because each download can be different
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and it can be different per device. So if they're downloading it on their
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desktop and then downloading it on their
iphone, it's going to be different,
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and then across apps or it could
be different and it doesn't even include what
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you gotta going on over on Youtube. So we don't know. Now this
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gives us the finally a little window
into how many followers, committed people that
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actually hit the I want to get
this automatically downloaded every time the even gives
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you active followers. I was I
just thought that was amazing because before we
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we used to like beg for this
kind of information. What are they describing
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as an active follower? Dan,
just someone that's listening episode, episode,
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or what does that look like?
Sorry, let me rephrase that. It's
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actually engaged listener. So we have
followers, listeners, engaged listeners, and
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plays, I think are equivalent to
the downloads. And I'm just reading off
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my report for the attention podcast and
I have twenty followers. Hmm, two
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hundred and twenty eight plays, and
this is over a see, I think
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at Thirty Thirty D R aeriod.
Yeah, last thirty days I've had two
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hundred and twenty eight plays only twenty
followers. So it's being downloaded for different
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times across different devices. I think
it even counts as a new download if
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you download few came and listened like
a couple days later and engaged listener,
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I believe, is someone who's actually
like like, who's actually listened, who's
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a follower but has actually listened to
one of your more recent episodes. So
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if there are a follower but they
haven't listened in a long time, then
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that numbers always get to be smaller
than your than your followers. Engage listeners
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are going to be smaller. Yeah, so through sounder. Right now,
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if I'm just looking at what our
previous period as far as listens was,
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we're looking at twenty five to twenty
seven thousand over the last couple months.
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And then streams is out two hundred
and ten thousand. So again, those
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numbers are going to be all sorts
of different and way lower in just like
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just my when I get my apple
stats back. But that's the gage,
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one of the gages that we've been
looking at consistently. If you haven't checked
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that out, I highly recommend go
to podcasts connect dot applecom and look at
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these numbers. For Your own podcast. Yea, again, it doesn't account
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for spotify, doesn't account for all
the other players, just apple. But
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for most BTB podcast apple still the
main game. Even though spotify's taken the
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throne overall for podcast Apple, I've
noticed, for us and all our customers,
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is still the primary place BEDB podcaster
consume for some reason. So check
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that out, see which a ratio
isn't start to track it. It's good
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to get a first snapshot but then
track it over time. It's another data
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point that can use. You can
use to guide your decisions. Second up
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in the news is iheart media has
just announced a podcast network for nft characters
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and FT characters. One's interesting.
And you want to give us the preface
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on what an nft even is,
Ben G, real quick before we dive
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into I like how this is relevant
for podcast sure. Yeah, so NFT's.
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We all think of them in different
ways. None from nonfundable tokens.
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They represent right now in the culture, primarily art, right, and we're
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thinking about them as this way that
specific, specifically wealthy people like want this
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asset. They prove that they have
ownership of this thing and I think because
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it's been so tied to art.
People have opinions from a distance and go
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this isn't something I'm interested in,
but we're seeing it and this is a
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move towards that. Right with IHEART. It's coming into the mainstream and it's
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also going to move into different arenas
that aren't just art. So from a
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high level, this is this was
like this micro little thing off in the
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distance that people are curious about,
and now it's slowly creeping into our our
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every day and into podcasting as well. I like to think about it as
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rights management. Right now it's very
much dougal art. Right. It's not
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physical art, though some people are
doing a hybrid between physical art. But
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if you have a Mona, a
painting, then you're the right you.
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If you own it and you have
the painting like you have it in your
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house, then you're the owner of
it and you could probably have a certificate
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even that says this thing is legit. Think of that same certificate for a
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digital piece of art, a Jpeg. Essentially that says, Nope, Benji
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is the rightful owner of this jpeg. Somebody else might have a copy of
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it, but no, Benjie's the
owner of it and it almost becomes this
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rights management thing that's managed through technology
called Blockchain, and now it's getting incorporated
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into I heart media, VI,
a podcast, because what a lot of
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people are doing are creating characters that
are very popular and creating all kinds of
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interesting characters. And then there's like
algorithms that can make characters from different characters,
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like you can almost, I don't
know, in a way breed and
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FT's. Yeah, and that's a
good way. So he creates a whole
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different piece of work out of the
two come together, like they have like
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Crypto kitties, where you could bring
two kitties together than Bam, they have
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a baby and now like the new
kitties different, right, and you almost
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have genetics built into him, like
they're that sophisticated in that the code and
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Algorithms, and there is right rights
management where people can own them, because
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there's all these characters going. I
heart media is not only investing in these
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characters and buying the rights to them, but now building backstories to them through
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podcasting, so in order to increase
the the the value of these characters for
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monetary game. Yeah, interesting thing. It's a weird play, and this
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specifically because I see nfts as you
had the early adopters, who were the
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ones that, again, I was
watching from a distance, going, oh,
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they're doing something interesting over there,
I'm not ready to jump in yet.
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And now I think we're past that
a little bit. We are actually
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seeing, like the price of nft's
drop quite a bit, which is usually
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what happens before it comes a little
bit more mainstream and we start to realize
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all the other applications of something like
this. So you're going to see it
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start to be used outside of just
digital art, and that's where I get
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most excited for it. I hearts
play here. To me is actually I
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can't think of other characters that have
worked like this. Usually you'd create an
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asset like a movie, or there's
some sort of character backstory and then story
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brand says yeah, think of Disney, like you go by the lunchbox after
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you saw the movie. You don't
have this nft created and then you're thinking,
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oh, now we need to create
a backstory for them at a show
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for them. And so I I'm
all for it because there's a lot of
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creativity here. I just wonder what
effectiveness it'll have because it's it seems a
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bit backwards to me, and this
still seems a bit removed for Betob podcasters
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because it's very much to be out
see yet lay that I hearts doing.
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So what does this mean for be
to be podcasters? I'm bringing this up
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because there's always the people who get
on things early. If you got on
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tick tock early and it was early
for be to be, would have been
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like early fall of left for Tick
Tock, and we are lucky enough to
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have a staff member with sweet fish
that got on early to tick Tock and
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now she's on the forefront of thinking
of tick tock and bb show out emily.
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This is one of those things that's
coming for be to be and it's
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playing out in B Toc. So
I'm just paying attention. When it becomes
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easier to create NFT's and building more
utility, actually think this is going to
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be a big component of all communities. In fact, my club, this
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very club, I'm considering like how
do I bring nft's into this so that
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people can track? I can almost
manage the memberships through and ift's and you
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can actually buy rights like a ticket
into mic club and then use that have
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unlocked for different things. Now the
technology still it's there. It's even getting
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becoming more accessible, but not quite
accessible enough for sweetfish to be able to
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manage we well, and it's probably
not widespread enough that a lot of the
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people who would want to be members
would even be able to access it or
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even be able to put a few
like etherium into it to buy into something
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really small or resell it or whatever
like that. So it's a little too
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early, but it's coming, guys, it's coming. So I'm just bring
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it up in the news because it's
starting to cross into podcasting and it's very
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exciting for that reason. Coming up
at the lastly in the news, snippet
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Doff F, slip snippet DOT FM
has just launched and it is a short
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form podcast, minute as in twenty
minutes are less. This is good,
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exciting news because it's a common question
we get, is how long should a
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good podcast be, and I'm going
to answer that question later in this podcast.
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But it's interesting to see a whole
player essentially focus on just short podcast
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Benjie, you were excited about it. I think it's interesting. I'm reading
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right from their website here. It
says snippet is the world's first short podcast
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platform. Our mission is to deliver
meaningful content and unique original show concepts in
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a concise and powerful package under twenty
minutes an episode. Okay. So they
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are also not talking about like repurposing
other shows and making them shorter, which
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we've seen even I listen to my
shows on spotify and on spotify they've done
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something like this, where they're just
taking the best bit or the most listen
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to bit of that show and they're
they're feeding it to you. They're also
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not speeding up the dialog, which
they say that twenty six percent of podcast
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listeners do that. I listen to
mine at one point two to one point
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five typically. So it's interesting here
to go, okay, we're going to
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build our entire network of shows.
We're going to go, it seems,
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highly produced under twenty that's their niche
and to me, we'll talk about what
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are personal opinions are on length in
a little bit, but this is a
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good play because you're picking exactly what
to expect in a whole network of shows
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and you're going to hit a lot
of people who are saying around twenty minutes
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is what they can do. I
like the idea. I do. I
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don't know if I would base an
entire thing off of just time, but
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they still you can do a lot
with that and you can give creators the
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confines of something and then they go
make them the best of it. Right,
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it's always good to have limits in
some way. Yep, guard rate
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artistic expression comes when you add limits
in some kind of fashion, whether it's
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just to d or just pencil,
and you can if you go crazy and
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at all and have no constraints and
there really like the art just doesn't.
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It's too complex and it becomes a
mess, becomes chaos. So if you're
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already one that's already limiting your show
to twenty minutes or less, then this
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is a great platform that you can
now be found on. For me,
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I know my podcast range from five
minutes all the way up to forty,
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forty, fifty minutes, because that's
the route that I take and I try
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to bring limitations out of my show
to bring more clarity and focus in different
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ways. But this is a great
opportunity for anybody who has who want,
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you use time as a way to
differentiate their show. There's a whole platform
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now dedicated to it. I do
think time can vary, but I think
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you are so right on amateurs want
the wide open spaces, and the more
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pro you get, the more you
fall in love with the restriction. Like
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you, the longer you're in business, the more you realize the budget is
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something that allows us to be more
creative, not less creative. Like you
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realize within a time constraint, if
you've ever communicated on a stage before and
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they said you have a hard cut
off at fifteen or at thirty, the
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way you create content for that actually
allows your brain to be more creative,
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not less us. So I do
find this really I don't know, just
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it's an interesting play and I think
it would be fun. Yep, and
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it's true across mediums, across channels, just like a pro videographer will destroy
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you with a five year old iphone, then you could ever get with and
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with a red camera right. So
that's just how it goes constraints. But
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let's get into highlighting the member of
the week and I wanted to talk about
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a podcast called thought leadership leverage.
It's a podcast that I've listened to many
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times, especially when I was diving
into the topic of thought leadership. Let
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me highlight a few things that I
really love about this podcast. I know
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one of the host, Bill Sherman, friend of mine, and I what
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I like about it is it's so
focused, it's so niched on just one
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category of marketing and he uses this
podcast one to explore new topics with the
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topic of thought leadership, exposing it's
like thought leadership about thought leadership. So
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that works out. But he's also
using it to build relationships with guests,
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people that are experts and thought leadership
or heads if thought leadership in their their
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company, and other people that he
could do business with across different businesses.
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So what I like about this is
it's very rare that you can actually,
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like, have a show now se
medics. It's thought leadership on thought leadership,
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have a show that's very specific about
the topic you're an expert in,
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and use it to build strategic relationships
with so many different companies. Usually it's
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one or the other. You use
it to drive your methods and ideas about
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something or you use it to build
relationships. Doing both can be really difficult,
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but he pulls it off well with
his podcast. So you can go
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over to thought leadership leveragecom thought leadership
podcast and take a look to see what
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I'm talking about, but it was
worth pointing out. But moving on to
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questions and getting to the one that
we mentioned briefly as we were talking about
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snippet was how long should a podcast
be? Super Common Question. There are
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different theories about this. On Benjie, I'll let you lead with what what's
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your current thinking is on this,
because I know there's a general idea around
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sweetfish, but not everybody at sweetish
agrees on this one. Yeah, I
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don't think we should agree on it. I will give my opinion. Is
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Dependent on the category you're in.
So if you're trying to teach something in
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a podcast form, I am a
huge proponent of just trying to teach like
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one thing per episode, which means
I think you can communicate that definitely,
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I would say in thirty minutes or
less for that type of informative educational content,
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even if it's an interview. I
think around thirty conversation starts to wane.
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Your questions aren't focused enough if you're
going much over. But when it
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comes to time in general for podcast
when I'm listening to inert and entertaining show
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Bill Simmons is sports podcaster that I
listen to all time. He's going for
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a two hours and I don't care
how long the episode is because I'm it's
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on in the background, but he's
having engaging conversations and usually he doesn't talk
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to anyone for longer than forty five
and then they'll do a little ad spot
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and onto a different person that he's
talking to. You know why you are
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at the length you're at. It's
going to inform everything else. If I
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wasn't creating content for be tob marketers, I might have a different length than
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around thirty minutes. So to me
it's dependent on the category you're in.
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And then also you can tell in
a conversation. Just imagine outside of podcasting,
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Dan and I are at lunch.
You can tell when the conversation starting
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to wane and you're forcing it like
you don't want to hit that point in
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a show where other people are listening. You're not at lunch. It's not
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just two people, this is something, this is content that you are creating.
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So that's the the key indicator for
me is you can tell when someone's
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engaging engagement is starting to to be
lost. Damn. What are your thoughts
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here? I've a few different like
view advantage points or viewpoints on it.
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are a few different rules that I've
hund two. One that I learned from
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James Carberry is that it can be
as long as it's good. Exactly.
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Yep, like you were saying,
don't stretch it on. If they only,
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if a guest only has ten minutes
of content, why not sucker down,
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even if your other shows at thirty
minutes, like we're done at ten
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minutes. That's all they have to
say. It's good. Okay, wait,
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I got erupt you that I don't
take the constraint. I don't.
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Let me also some for I'll have
fellow episodes for five and some interviews that
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go as long as fifty or sixty
minutes, if you're okay. But you
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were saying on the short ones.
This is why I wanted to interrupt you,
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because you're saying on the short ones, if they only have ten minutes
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of content, do ten minutes of
content for for all of us as hosts.
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We're going, okay, that's one
thing to say that. It's another
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thing to be like ten minutes in
and we're executing the outro, like,
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what does that look like? To
to go with that short because to me
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unless you really preface it and say
hey, if we get into it and
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we give away ten minutes, they're
going to look at your shows and they're
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going to go oh, typically it's
thirty minutes. So they're going to be
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trying to probably fill that or they're
expecting that. And I've had a couple
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interviews where I'm like this could end
short, like there's not a lot to
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be said here, but I'm guilty
of stretching it out because I'm like the
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other episodes are this length. So
how do you think about it? Or
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do a shorter show? One most
guess asked how long the show should be.
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I tell you about half of the
the guess I've done asked and then
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I always tell them, oh,
we don't have a set length. It
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could be as short as ten minute
or as long as sixty we can take
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the words time. We like that
today. Yep, I like that way.
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They're like, okay, cool.
And then to finish it, I
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generally ask. I usually I dropped
clues and you can do that as a
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host. Be like man, this
has been so good to learn all of
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this. To ask one last question. Then you ask the last question and
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then freaking move on. Then you
wind it down after their answer. So
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you lie. I's what I usually
queue it up with for my last quite,
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you thank them, ask last question
and then you close. So that's
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how I do it. There's a
few other things to consider. Some you
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can differentiate a show by length.
So some people do it remarkably well,
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like one of my favorites is hardcore
history Dan Carlin, not to be to
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be podcast, but freaking three to
six hour long episodes and they're fantastic.
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But at that point it's like an
audio book and them only releases two or
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three of those a year maybe.
But Tim Ferriss hour and a half,
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two hours, some of his episodes
homes. He's at three hours. Yep.
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Yeah, so there's and those are
exceptions. Most podcast run between twenty
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and fifty minutes. For thirty and
fifty minutes is normal. I think forty
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four minutes is the official most average
time for podcast and again, channels have
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norms. So to go beyond that
means you have to be really good.
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I also think that there's a skill
set and how long you can go.
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If you're a really good host,
you can generally get better content out longer,
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especially if you did no pre interview, no research and you just want
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to do like Joe Rogan Style and
explore live in they so you don't know
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what you're getting into, but you
have some questions prepared ahead of time.
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You just dive in and then just
keep asking. Oh, tell me more,
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I'll tell me more, and let
that episode go long in order to
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pull out the few nuggets for the
Youtube clips. That's a way to go,
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but you have to be a better
host to do that. If you
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want it to be really succinct,
like a great fifteen minute episode, it
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takes more work up front, right. So where do you want the work
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to go? God, you want
to have a really solid episode, that
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means you need to do more research. If you want to have a fantastic
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interview done so it can fit on
snippet dot FM, you then you have
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to do the j a Kenzo thing
and have the interview and spend more time
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editing or do more time up front
tailoring your questions. But the work's going
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to be sent spent more outside of
that interview, either on post production or
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preproduction or post production so that you
can tighten it up to that right amount
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of length. So on lots of
about it, but I like that there's
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options. It's nice. I do
there's options. It's interesting as a communicator
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because if you're the only one talking
right, if it's just a monolog style,
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you can if you have a time
constraint of, let's say ten to
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fifteen minutes, you have to be
an excellent communicator to get across what you
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want to get across in a shorter
period of time. So you're thinking about
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every word when you're interviewing someone.
What's complicated about it is one and in
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B tob no, I don't think
people want a two hour Joe Rogan style
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interview. But what's helpful in that
is if you don't know a lot about
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the person and you just keep throwing
out questions, eventually they're going to say
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something good. So you have more
opportunity for them to hit that gold in
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as in a short time constraint,
if I have three or four questions that
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I think are gold but they don't
deliver as a guest, then that episode
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is not great content. So it's
this weird mix where I would love a
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short episode that's just hits the right
thing, but I almost wonder if it
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takes recording a longer episode and then
just doing what you said and trimming only
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the gold out of it. And
that's, I think, in be to
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be podcasting is. It is a
good play. Honestly, Yep, but
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the time, the time's got to
come somewhere and it's going to come and
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either preproduction and post production, most
likely a little bit of both, in
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order to get a really solid episode
down to twenty minutes. And then it
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cost more to do it. But
it can be worth it because it's more
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value in less time and we all
appreciate that. And to wrap up with
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the last question, this is a
quality not less common question, but I
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still get it pretty often, is
how do you get featured in Apple podcast?
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Before I did not have a good
answer. Finally Apple freaking published the
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answer and I was like, Oh, I've years too late for it.
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was like you pretty much have to
have a massive marketing budget and get a
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thousand, thousands and tens of thousands
of downloads. Now Apple has published the
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answer, so I always have an
answer to this question. Now they actually
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have a official form you can submit
with your podcast plan and everything that you're
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launching with your podcast. But a
few things that I will say is that
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you generally do have to have a
marketing plan. They want to see what
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you're marketing. What Your Pr Plan? Do you have owned audience? You
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got to put some dollars behind this. Not only does it have to be
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a really cool concept, slick cover, our really great title like it also,
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like a lot of things, have
to be done well and it has
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to have a lot of money behind
it so that it's worth promoting, because
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you're going to put a lot of
effort in if they're going to put some
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effort into it. Also has to
be timely, based on the market.
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Something going on in Ukraine and Russia. So if it's just in the news
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and you do political podcast that's on
a current events and some of their first
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seasons on Russia, that's really timely. So all those factors consider but I
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almost want to preface at what.
Think about it as like hitting like the
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New York Times best selling book list, because that's how you have to think
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about it, like you're going to
put on a lot of effort but everything,
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the timing could be wrong and you
had no way to control it.
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So it's almost like you have it's
you really you can work for it.
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You could do all the work,
but it's still like a shot that you
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just have to take because he only
get one launch. When you're looking up
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how to do this, don't trust
anything that was posted like over a year
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ago, because now we have some
sort of source of truth from Apple,
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and I feel like before it was
one if you're reading content that's five or
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six years old. It was so
easy back then to get featured because they
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were just looking for it. I
had a friend who didn't even try and
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got featured, so that to that, though. Those days are long gone.
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Now you can actually go through,
they have tips and you can get
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an you could submit this form just
for an episode. So you don't even
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have to have a new show.
It could just be a specific episode,
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like using the Ukraine Russia, example, if you did an episode on how
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that whole situation is affecting business or
something. You could actually go in and
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request this just for an episode that
you think is timely and want and want
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to have it featured, but you
need to have again, I catching art
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day and you you talked about that. Optimizing your episode title is something they're
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talking about timing right, which is
the one we just hit on. So
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there's a lot there and then they
just have literally be an Air table set
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up that you can go in and
put all your info in and submit that.
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So to me, and it's helpful
to just know what it takes.
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And then, if you're thinking about
your content calendar, let's say for a
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whole year, maybe there's a couple
times where you're like, these are specific
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things I would submit for instead of
just only thinking about it at launch.
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Or I don't know that I've even
fully thought about this in a long time
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because they didn't have anything around it, so I was like it's just not
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worth thinking about. So that's all
we have for you today at my club.
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Thanks for joining us. If you
have questions, go to join my
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clubcom there is a little icon that's
always floating in the bottom right hand corner.
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Would love to get your questions.
You could submit a little voice mail
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and we will feature it on the
show and answer your question here in next
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week's episode. So again, see
you next week. By everybody.