Episode 82

Treat Your Podcast Like A Brand with Greg Wasserman

Published on: 8th January, 2024

I recently had a super fun conversation with Greg Wasserman, the Head of Growth, Partnerships, and Community at Castmagic, an AI platform for content repurposing. Greg is a multifaceted podcast expert, having sold podcast advertising, run three podcast listening platforms before joining Castmagic. I know that I don’t normally talk to folks who don’t have podcasts themselves, but I felt that Greg could add a lot of value for you podcasters out there.

In our conversation, we discussed what it actually means to “grow” a podcast, what makes a podcast good, the importance of branding, and the ever-evolving role of AI in podcasting.

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Transcript
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Today we're chatting with Greg Wasserman.

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He is the Head of Growth, Partnerships

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and Community at Castmagic.

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Greg reached out to me on LinkedIn

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after listening to an interview that

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I did with another person, And I

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found him immediately interesting.

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You'll see that he has quite a

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following there, And I am not surprised.

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He really focuses on building

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communities and helping podcasters grow.

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Now we get into that today.

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We get into how you grow your show.

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What does that even mean?

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What he thinks makes a good podcast.

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Why Greg doesn't have a podcast himself.

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And this is a big thing because

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I don't normally talk to people

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that don't have podcasts.

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But after meeting with Greg, I had

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a good chat to him for an hour and

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a half, even before having him on

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the show, to get a feel for whether

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I felt like he could actually

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give value to you as the audience.

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And he's just so knowledgeable.

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He's done so many different

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things throughout his career.

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working in the media buying space

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as well, advertising and sales, and

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now he's working for Cast Magic.

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So, I think he's an important

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person to listen to.

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if you are interested in him, go

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and check out LinkedIn, follow

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him there, and you'll be impressed

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with what he shares, for sure.

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I want to know straight up What

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are two things that you love

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about the podcasting industry?

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it's community based.

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I think that would probably be

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the biggest thing that drew me

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back into podcasting and why I

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wanted to stay in podcasting.

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with a background in partnerships.

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Partnerships and, podcasting are very

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similar because they're very community.

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It's like, how do rising

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tides raise all ships?

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And so podcasting is all that.

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It's like, you go on someone

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else's show, they come on yours.

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It's all about cross promos.

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Uh, everyone in the industry is all

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about like, hey, how do I help you?

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How do I teach you?

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it is collaborative.

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I, I don't know another

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industry that is like that.

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the second thing that I love about

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the podcast industry, The content that

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comes out of it, the vulnerability.

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I think that's probably it.

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very few mediums literally are about

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that connection with your listener that

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most likely you don't know who they are.

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If I added a third to it, the fact that

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you can play the long game, so if you

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think about it from, uh, personal growth.

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If you improve 1 percent

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every day, you think about

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the compound interest of that.

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And so what I love about podcasting

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is, is it's a basis for all this

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other content you're able to create,

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and have the compound effect.

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So, you don't know where the episode 3

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is gonna turn in 3 years, where someone

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may be like, Hey, this is something

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of value and like That is incredible.

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Yeah, it's awesome Why do you think then?

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Most podcasters don't think about the

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fact that they're actually building a

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brand When they're creating a podcast.

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The answer that keeps coming to mind

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is we do a terrible job educating

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people in the space on that.

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if the space is always about, download

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numbers, so it's vanity metrics.

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If the space is about how do you

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monetize, and it's ultimately thinking

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about monetization from a CPM, cost

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per thousand, so an ad insertion into

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there, then we are doing a terrible job

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of actually educating people like, no.

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You are a brand.

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Invest in your brand.

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Invest in you.

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and you'll see the

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compound interest of it.

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And so, if it's just a hobby, if

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you don't actually have a strategy,

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people are like, I just want to have

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conversations and just talk to people.

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It's like, well, what

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does that actually mean?

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Like, what is that getting you?

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what is the point of these conversations?

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You're like, I just want to have

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conversations, and I'm good throwing

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away money, and And then I'm going

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to go like, well, I don't have enough

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downloads and I want to monetize.

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And it's like, if that's the, that

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is the train of thought as opposed

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to, hold on, how do you engage with

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people beyond just your podcast?

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And how do you think of podcasts?

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Like for me, I'm trying to get everyone

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to go, stop calling yourself a podcaster

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and start treating yourself as a brand.

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And once you start treating yourself

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as a brand, then you realize podcast

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is your medium, content creation.

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And then you can use that for all

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the other pieces of your brand.

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I had an exact conversation like this

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yesterday with one of our clients.

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We were having a strategy session

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and it was like, Oh, you know, I'm

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not getting the numbers that I want.

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I asked this client.

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Okay, what else are you doing?

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Like, we're giving you your edit.

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We're giving you really

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high quality show notes.

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We're giving you video snippets.

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Where are you putting this stuff?

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There's so much that you can use,

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repurpose to build the brand,

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exactly what you just said from

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that core piece of content.

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And so it does come back to that.

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Why are you doing the

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show in the first place?

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What's the end goal?

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And you don't need to actually know.

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But you need to know enough

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to go, I'm trying to build

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more than what I am right now.

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And how can I build around it?

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So that I'm using other platforms and

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other things to make my time worthwhile

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and to make me more productive.

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Someone who's like, I want to

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start podcasting, and they're,

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learning the whole space.

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But then, their answer is, I don't like

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social media, I'm not really a X person,

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I'm not a Y person, I'm not a Z person.

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Like, whatever the case may be, you're

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like, so you learned the skills.

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To build a podcast, but the

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promotional side, you didn't

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want to learn about that.

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These components, you didn't

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want to learn about that.

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So, once again, you're staying one

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dimensional, and you're not thinking

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about how do you market yourself?

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How do you market anything?

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And then, how do you treat

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yourself as a media company?

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And that's literally what most

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businesses now are becoming.

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You look at the big brands, like Nike.

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I mean, they sell shoes.

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Or, here's a better one, Red Bull.

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What is Red Bull's product?

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It is an energy drink in

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multiple flavors, right?

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But what do they actually

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sell to you as a consumer?

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Events, experiences, things that have

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never been done before, and that's

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like, wow, this is so cool, I want this

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drink that's gonna give me wings, right?

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what are you doing as a brand to,

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wow, to engage, to, , be in other

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places, besides I'm just having a phone

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conversation with someone, and I want to

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record it and have other people listen.

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So good.

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That's really valuable.

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If you're listening or watching this.

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Flip and stop it, rewind and go

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and listen to that again around

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the branding, the marketing and how

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you're actually building those things.

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Just one point there

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on the Red Bull thing.

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If you go and look at their

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Instagram or their socials,

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there's not really many points.

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I don't know if, whether there

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are any points actually where it's

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like they show you the product.

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They don't do that.

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They're showing you all the fun things

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and they're around the brand and

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what you can do and what the building

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and all that stuff but they don't go

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here's this thing that you can drink.

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they're building the experience

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which is what you're doing

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through a podcast as well.

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So take note of that.

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Very good advice.

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What do you think in your

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opinion makes a podcast good?

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the host is a big piece.

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there's plenty of hosts

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that I don't engage with.

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Just because like,

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it's just not my style.

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And I literally started writing

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a LinkedIn post about this.

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I'm like, I've always been

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one not to give advice.

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Even though I'm an expert.

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Because I'm like, this is

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an art that you're creating.

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So who am I to say, Your show

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isn't good when in reality, I have

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a duty or people are telling me I

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have a duty to tell people, but I'm

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like, all right, I can tell you the

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sound quality is not the greatest

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or you don't have good questions.

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You don't know how to engage.

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good example.

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I loved how you're like,

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Hey, listeners, stop, rewind.

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You're breaking that fourth wall and

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engaging with someone and going like,

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you guys, what just said is amazing.

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Listen to this.

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As opposed to you and I just having

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a conversation and forgetting that we

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actually have someone listening here.

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You see that a lot.

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People don't do that.

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you can look at ads.

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I understand people have to make money.

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But if you are doing ad insertion and

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I'm hearing an ad for A theater down

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the street, so I get it, like, I'm

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getting targeted a local ad that's

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dynamically inserted there, and I

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haven't even listened to the show.

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I don't even know what your show's

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about, haven't heard an intro, and

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I'm already getting served an ad?

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Great.

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Skip.

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Right away.

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Like, you've already lost me either as,

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as a user, or, or, you just annoyed me.

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sound quality is a big thing.

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I will always stop listening to a show

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if If it sounds like you're in a tunnel

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and I'm like, I don't want to listen to

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you right now on your zoom call That's

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being recorded and it sounds like you're

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in a tunnel I'm not saying you need the

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greatest mic like I'm on headphones.

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I I know it sounds decent doesn't

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sound amazing But at least invest

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in a little something there

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basically, if we think

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about it, podcasting is like

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another form of social media.

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You're pulling people into your world.

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And you're engaging with them without

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engaging with them, you know, they

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don't give you the direct response

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that social media does, but it's still

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playing essentially the same game.

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It's a nicer game, you don't have

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algorithms pissing you off all

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the time, you know, it's a much

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nicer experience having a show.

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This is definitely something

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that people forget, is that you

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actually do have an audience.

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It doesn't matter what the size is.

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You have an audience and people can

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sometimes get a little bit like, I'm

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just doing this show for me, or just

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the conversations that I want to have.

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But if you don't think about what

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your audience actually wants to

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listen to, then you probably won't

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grow as quickly as you could.

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And the other way that you can track

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that is looking at the actual metrics.

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Looking in the back end,

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looking at your insights.

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What are people downloading the most?

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If you have a YouTube channel, what

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are they commenting on the most?

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Where are you getting subscribers?

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If you don't track that sort of

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stuff, Then you won't build the

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audience that you potentially could.

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And so I want to take it even further,

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but go back to the brand conversation.

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I loved your analogy here of

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like, it's a social conversation.

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And that is also using the

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podcast in this recording.

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For those additional social

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conversations, like I can take

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this and put it on LinkedIn.

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I can take this and make

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it a Twitter thread.

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I can take this and put it as a Reels.

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Like, you can now have conversations

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from this one conversation on

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all these different places.

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It's funny, like, I listen to a

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lot of podcasts at the same time I

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don't listen to a lot of podcasts.

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I'd much rather, in some regards, give

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me a newsletter, let me follow you

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on LinkedIn, and let me see what you

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post there, and I can read it quickly,

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because I don't have the time to sit

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here and listen to everyone's show.

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So if you're expecting the average

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person to listen to seven podcasts a

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week, But that doesn't mean that they

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can't engage with 20 podcasts a week.

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But now if we refocus our mind

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in terms of just podcasting,

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it's 20 brands now a week.

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And so I can get your newsletter

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on Thursday, but listen

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to your podcast on Monday.

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And now I've engaged with two

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different brands who are speaking

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to me through the content they're

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creating from this, podcast.

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That's the way to have engagement.

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So you start looking at just, as you

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said, like, look at the analytics.

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Well, you can now start looking at

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the analytics of all those different

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platforms and have conversations if

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you're like, this is too overwhelming,

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like, I can't do all those things,

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like, I agree with you, maybe 2022

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and before 2023, there's tools

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that allow you to do all that.

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So it's overwhelming because it's new.

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And as long as you are willing to lean

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into this comfort, which you did already

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to start this show, um, and lean into

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this comfort of doing this, then the

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newness will soon be, Oh, I can do this.

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No different than like

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the first five episodes.

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Wow.

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This is tough.

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But after.

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Five episodes ten episodes

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like this isn't so bad, but

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most people stop because it's

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just too discomforting for him.

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So then if we go further than that,

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which is where the conversation now

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is leading based on what you've just

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said there, how do you think AI is

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changing the game for podcasters?

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Knowing that you work for Cast

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Magic, which is a very AI based

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tool, how do you think it's

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changing the game for podcasters?

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it is leveling of playing field and those

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that are willing to invest in their brand

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and Use tools so someone gave me the

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great idea like most podcasters Are in a

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sense solopreneurs, but also that they're

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doing it is not their dedicated job.

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They've got something else like

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that's how Cast Magic was built.

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They literally were running their

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own companies, had a podcast, like

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we don't have the time to do this.

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And all the social promotions,

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everything I'm just telling you,

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show notes, blog, newsletter.

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So they built Cast Magic to solve that.

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That's now allowed everyone to go

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ahead and like, whoa, I can take

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this and become a media company.

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AI is now allowing every podcaster

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to become a brand, as they should

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have, but access all of their

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content, repurpose it, and have a

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content calendar that is evergreen.

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You're able to now

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take your back catalog.

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I love when people are telling me like,

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don't listen to my first 50 episodes.

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And you're like, fine.

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If you were just learning the game

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in those 50 episodes, let's run

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this through an AI tool at Cast

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Magic, repurpose that content,

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because that was all great stuff.

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if a person's not listening to episode 1

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through 50 and they just started there,

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well then you can start reposting stuff

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from episodes 1 through 50 on your social

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channels, and there's your evergreen

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content that keeps coming because now

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you can bring people back in and go

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like, oh, if you like this idea, you

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should go back and listen to episode 3.

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If you don't want to listen to

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episode 3, hey, at least I'm getting

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you engaged with my brand right now.

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So, it is truly creating A lifeblood.

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And then if you go beyond, once

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again, beyond podcasting and you look

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at most podcasters or coaches or,

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they run a, a lead magnet or running

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something else, like AI is allowing

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them to now take those coaching

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calls and create email sequences.

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It is literally using their words to

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help create more content and build

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their business well beyond the, the

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one spoke of how do I monetize my

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show with a CPM of, of 20 bucks.

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I used that tool yesterday in Cast Magic.

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I was running a VIP strategy.

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in the past, I've had someone else

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from our team then look at it or

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be on the call as well to then take

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action points, or I've had to write

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notes at the same time or whatever.

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And then this one, I tested Cast

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Magic's, option there for creating the

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action points just to see how it went.

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Did a great job.

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Like, I mean, and I, I'm good

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because I talk in that way, so I'll

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wrap things up and I'll introduce

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and then I'll go, okay, cool.

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The action points to

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take away are X, Y, Z.

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So it was easier, but it was just.

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It does save a lot of time Anything

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with AI, it's still not you.

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As in, you can't just take this

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stuff, copy paste, and you're done.

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Like, you still need to edit,

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you still need to give it the

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personality, the flair, you know.

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That sort of thing.

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And that's where that extra time

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does come back in, but it gives

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you a really good starting point.

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And we have clients that obviously

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we do the show notes for, and we

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started incorporating, , AI tools

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probably about six to eight months ago.

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And it's only made

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what we deliver better.

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They're still not going to do it

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themselves because they don't have time.

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That's why they've come to us.

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we just use these tools to make a better.

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result and it's only

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really just the beginning.

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Okay.

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So then if we think about growing

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a show, how do I grow my show?

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I get this question all the time.

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What do you think growing

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a show actually means?

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When I was running the three listing

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platforms, the three questions I always

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got is, How do I grow my audience?

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So how do I grow my show?

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How do I get more distribution?

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So, in a sense, how do I get larger?

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And how do I monetize?

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And the answer I always gave back to

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them was like, Is your show everywhere?

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Like, because I can tell you right

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now, your show is not on our platform,

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so you're missing probably 30%.

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If you're focused on just Apple

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and Spotify, and now YouTube from

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that standpoint, like, great.

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But like, what is growth in that regard?

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You're missing, you're missing

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free traffic, you're missing free

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engagement, free airs, free stuff.

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podcast movement, they had a

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great analogy with Joe Rogan.

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And they showed a picture of, Bunch of

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guys like probably drinking and it's like

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whose show is this and everyone's like

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that's Joe Rogan It's like he knows who

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his audience is So when you're growing

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your show, you know Your audience is

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who you want to speak to you understand

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what you're trying to accomplish

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and you're also a brand You're not

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trying to be everything for everyone.

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I will argue you're trying to you

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should be everywhere but within reason

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like Look, if you're like, I can't,

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I'm not on X or Twitter, like it's

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just not my jam for many reasons.

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But like, that's just not my thing.

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So focus my energy in other places,

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but I have no reason not to be in

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those other places and grow my brand.

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So once again, growing your

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show is growing your brand and

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growing your brand is looking

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at what is your entire strategy?

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Like, why are you doing this?

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Who are we trying to talk to?

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Like all the kind of podcast

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consulting questions that you're

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probably asking your client.

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To literally get them to think

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about what is the purpose?

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What are we trying to accomplish?

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And if they're like, I just want to make

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money by selling ads on it, then I go

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like, great, let's sit down and actually

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understand what this business is And

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that's part of the job of, of, I guess,

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a podcast consultant of going, like,

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how do I get you to think bigger than

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just, I want to do a podcast, do it for

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me and hope that I get more downloads.

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It's like, now let's talk and sit

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down and actually examine all that.

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it's definitely more than just your

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download numbers If you're looking

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at, I'm not growing because my

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download numbers aren't growing, then

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you're looking at the wrong thing.

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It needs to be a more spread approach.

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Just like Greg has said there,

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downloads are one aspect.

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Where are you?

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How are people engaging with you on

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other platforms, on other places?

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Is your newsletter growing?

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Are your followers growing on

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LinkedIn or Instagram or YouTube?

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Is that channel growing?

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It's not just the download numbers.

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it's all the other aspects that come

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together that create the bigger mission.

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And so when you think about that, I

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want you to start thinking and looking

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at the metrics more than just what

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your download numbers are doing.

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Get a big old spreadsheet,

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track everything, everywhere

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that you repost that content.

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anything where the podcast is spread.

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You need to track these things

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and you will see that you're

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growing more than you realize

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And there's so many ways to

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think about, like, you can use

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the guests that are coming on.

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So it's like, all right, am I

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growing my show by literally just

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having the right conversations with.

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With the right people and that

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ultimately is not growing my show, but

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it's growing my brand And it's opening

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me up to all these other things so if

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I think about it is show Brand don't

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think show think brand if we want to

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replace podcast with brand show with

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brand if we start thinking of all

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those components as a brand and Brand

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is you then At the end of the day, do

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you feel like your brand is growing?

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Do you feel like more people know you?

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Do you feel like you're

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influencing more people?

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Do you feel like you're

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having more conversations

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that people are turning into?

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Once you start that, and

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you start looking at that

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lens, you're like, oh, yeah.

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You actually start feeling even

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better, too, because, like, I am

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making a bigger impact than the 200

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downloads I'm getting right now.

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Alright, Greg.

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So, I'm putting you in the hot seat here.

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You're talking all about podcasts.

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But when I look up Greg

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Podcast, you don't exist.

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So, why don't you have a podcast

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if you love them so much?

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I've really enjoyed, and I think

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this is probably a good thing for

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most people, be a guest in other

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people's podcast and you start

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understanding what makes a good podcast.

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Start having conversations with others.

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Like, a lot of people will go ahead

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and say, like, I want to start a

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podcast because I listen to so and so.

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I'm like, alright, so your basis right

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now is a show you like, but you don't

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understand what they do on the back end.

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You don't understand

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all these other things.

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most people don't actually take

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the time and start guesting.

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And when you start guesting, you

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start seeing, like, Who asking good

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questions, who's doing good follow

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up, who's actually engaging, who's

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providing you the assets to make you.

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So like it literally allows me to

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understand how to build a business.

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So when I decide to actually start my

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podcast, I've learned from not only

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all my conversations I get to have

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through the jobs I've done, but also

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all the guessing I've been able to do.

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I think that becomes incredibly powerful.

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So yeah, hold on.

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Maybe 2024 will be the time

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that I launched something.

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Right now I'm just having a fun of,

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sharing the knowledge, with others.

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I've had a really good time chatting

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to you today, all about podcasting,

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even though you don't have one.

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And I only normally speak to podcasters,

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you know, I've let it happen.

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if you guys want to find out more

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about Greg, I would say probably

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the best place is LinkedIn.

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I really enjoy what

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Greg shares over there.

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He does like a recommendation,

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post on Mondays, is it?

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yeah, every Monday.

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consistent posting.

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Consistent content is a key

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thing for being a brand, and so

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I consistently post on LinkedIn.

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Every Monday I post three podcasts

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that I think people should listen to.

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Take a break from your screens, because

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I'm literally staring at this all

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day, and go enjoy something with your

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ears and still learn and still engage.

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So, I'm always looking

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for new recommendations.

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come find me and engage.

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Cool.

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And if you want to try Cast Magic

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as well, we'll put a link to that

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in the show notes so that you can

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have a look at what that looks like.

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Greg, thank you so much.

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I'll talk to you later.

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It was a pleasure.

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Sounds great.

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Thank you so much.

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About the Podcast

Pump Up Your Pod
Every entrepreneur by now has probably been told that having a podcast is great for business. But why is it so good? How do you actually grow your show and reach your target audience? There are a lot of questions and I'm here to answer them.I’ll be sharing tips, providing training, answering your questions down to the nitty-gritty stuff and generally supporting you to help you pump up your podcast and have fun doing it. When you do it right, your business, your personal brand and your reach is only ever going to expand. What’s not to love about that?
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About your host

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Brianna Ansaldo

Brianna is the Head Honcho of Bamby Media and founder of this whole jazzy business of fun times. She is an award-winning songwriter, audio producer, musician and all-round doofus. With a Bachelor’s Degree in Audio Production from the Queensland Conservatorium of Music, Brianna loves the techy side above all else.

Equal parts silly and brutally honest, she’s a force to be reckoned with. If something isn’t working, she will tell you straight up. No messing around. Deliver on your promises and provide quality above all else.