Podcast Payoffs

Is It Tough To Make A Buck?

Jul 9, 2024

Entrepreneurs should focus on creating value for their audience rather than just making money. Marketing is key to reaching your audience. Solve problems regardless of immediate pay. A podcast is like a message in a bottle, reaching those who need it. Building relationships and community is essential for long-term success.

23:38

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Quick takeaways

Focus on creating value for your audience when starting a podcast.

Prioritize building relationships and engaging authentically through podcasting.

Deep dives

Strategic Approach to Making Money

The discussion revolves around the strategic approach to making money, emphasizing the importance of not just making a buck but also keeping and growing it. Dan Sullivan shares his personal experiences, highlighting the early development of his entrepreneurial skills through paper routes, lawn cutting, and caddying. The significance of recognizing and seizing opportunities, as well as the value of instilling confidence in one's ability to create and retain wealth, is underscored.

Youth Jobs to Podcast Payoffs: Monetization and Marketing Strategies

03:41

Creating Value and Focusing on Others

01:17

Intro

3min

Diverse Job Experiences and Value Creation in Podcasting

7min

Navigating Podcasting Trends and Monetization Strategies

10min

Influence of Direct Mail and Success in Making Money

3min

Creating Value and Building Relationships

2min

There's a misconception that podcasting is a quick way to make money. But if you're only in it for the cash, you'll likely be disappointed. Start a podcast for the right reason: to create value for your audience. When you focus on creating great content for your listeners, the money may show up in other ways. Dan Sullivan and Gord Vickman explain how Strategic Coach^® has seen consistent growth for decades by doing just that.

In This Episode:

Most entrepreneurs develop the courage to become entrepreneurs because they’re good salespeople.
Marketing is what allows you to have the opportunity to be in front of someone.
If you see a problem, set out to solve it, whether you get paid for it or not.
You should do it because it’s valuable, regardless of the money you make.
Don’t listen to the people who are trying to throw you into “The Gap” by saying, “Oh, you must do this because everyone else is doing it!”
Don’t force people to learn something new in order to get value from you.
A podcast is like a message in a bottle. Most will sink, but others wash up on a beach where somebody will read it and say, “I’ve been looking for that!”
Existing clients listen to our podcasts faithfully. They come to the workshops and talk about the subjects that the podcasts cover.
The goal of the Strategic Podcast Network is to attract people and marinate them in the content in the hopes that they become successful, talented, ambitious entrepreneurs.
It’s not tough to make money if your focus is on making other people successful.

Resources:

The Strategic Podcast Network features all our shows in one place

10xTalk podcast, featuring Dan Sullivan and Joe Polish

Joe Polish’s Genius Network^®

Inside Strategic Coach podcast, featuring Dan Sullivan and Shannon Waller