Join John Hu, co-founder and CEO of Stan, a platform that simplifies online earning for entrepreneurs. Hu shares actionable insights on how anyone can monetize their skills, regardless of their current follower count. They discuss the journey toward digital entrepreneurship, emphasizing perseverance and innovative marketing strategies. Expect tips on embracing discomfort, building a resilient mindset, and the transformative power of side hustles. It's an inspiring conversation for anyone ready to make their first $1,000 online!
John Hu emphasizes that anyone can start monetizing their online presence with Stan, regardless of their follower count.
The journey to entrepreneurial success requires resilience, adaptability, and a willingness to learn from failures, as highlighted by John's personal experiences.
Aspiring creators should align their passions with their skills, focusing on delivering valuable content to build an audience and monetize effectively.
Deep dives
Podcast Success and Listener Engagement
The podcast hosts celebrate their achievements by sharing impressive statistics regarding their listener base and show rankings. Notably, they have been ranked number one on Spotify's business charts and have consistently ranked in the top 1% of all podcasts globally. Their audience spans 148 countries, with substantial growth reflected in a 117% increase in listeners in 2024. This remarkable reception emphasizes the deep connection they have built with their audience, who tune in regularly, making the hosts feel honored and grateful for their support.
Monetizing Audiences with Stan
The episode features John, the CEO of Stan, a platform designed to help entrepreneurs monetize their online presence effectively. John discusses how anyone, regardless of their follower count, can start making money on the internet using Stan's tools. He emphasizes the platform's accessibility for those just starting out, demonstrating that success can be achieved even by individuals with smaller audiences. For example, the average user on Stan earns approximately $1,500 within their first year, showcasing the potential for side hustles and entrepreneurial ventures using the platform.
Entrepreneurial Journey and Learning from Failure
John shares his personal story of transitioning from a corporate career to building Stan and the learning process that accompanied that journey. He highlights that perseverance and a willingness to embrace failure are crucial for entrepreneurial success. The challenges he faced, including hundreds of rejections while fundraising and acquiring customers, taught him resilience and the importance of adapting. This experience underscores that business success often requires patience and the ability to iterate on one’s approach amidst setbacks.
Strategic Steps for New Entrepreneurs
John advises new entrepreneurs to identify their unique value proposition by aligning their passions with their skills. He suggests that aspiring creators start by generating content related to their interests, aiming to provide value to their audience consistently. This method not only helps in building an audience but also positions them favorably to monetize their efforts. By focusing on delivering content that addresses the needs of their target market, individuals can gradually grow their following and ultimately achieve financial success.
Future Developments and Enhancements for Stan
Looking forward, Stan plans to introduce several new features and tools aimed at simplifying the entrepreneurial journey for its users. Upcoming initiatives include a mobile app designed to provide daily prompts and educational content, thus guiding users on marketing strategies and content creation. Additionally, enhancements such as order bumps, which increase sales on existing products, reflect Stan's commitment to helping entrepreneurs optimize their revenue. These developments signify Stan's dedication to not just facilitating business setup, but also ensuring sustained growth and success for its users.
In this week's episode of the Rich Habits Podcast, Robert Croak and Austin Hankwitz sit down with John Hu, the co-founder and CEO of Stan.
Stan is the easiest way for anyone to start earning money online. We're firm believers that you're one video, one Zoom call, one blog post away from a completely new life. Stan enables that in an easy-to-use way.
This episode was not sponsored by Stan. We reached out to John a few weeks ago as we believe his platform and encouraging words will be able to positively impact the thousands of you who will be adding "Make money on the internet" to your 2025 New Year Resolutions.