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The Diary of a CEO: Behind the Scenes of Podcasting
May 29, 2024
The Diary of a CEO: Behind the Scenes of Podcasting
Introduction
Podcast about the podcast itself
Stephen Bartlett answers FAQs on production, guests, success, monetization
Motivation stems from a love of interesting conversations, not money
Podcasting is Bartlett's lowest financial return but has made millions
Emphasis on truth and transparency
Podcast Origin Story
Started 3-4 years ago with minimal equipment (90 pound mic, duvet)
No team, self-edited, solo experiment
First episode was unplanned and vulnerable
Iconic line: "I hope nobody's listening, but if you are, keep this to yourself"
Now, it's Europe's most listened-to business podcast
Consistency is crucial: publishing frequency impacts audience growth
Consistency
For three years, publishing was erratic, affecting audience retention
Predictability and consistency are key (now publishes every Monday)
Set audience habits and routines
Scaling Up
Started solo, shifted to guest-based format for organic growth
Guest involvement brings their audience
Significantly faster growth with guest episodes
Less time-consuming; more enjoyable and engaging
Quality and Integrity
Maintain high standards for podcast content
Several recorded episodes were deleted if they didn’t meet quality standards
Focus on producing valuable and engaging conversations
Monetization Strategies
Not originally a profit-driven venture
Now involves an eight-person team
Cut out the middleman in podcast advertising
Direct pitching to CEOs of brands he loves
Long-term and trust-based sponsorships (e.g. Huel, Fiverr, MyEnergy)
Authenticity and no scripted promotions
Financials
This podcast will generate over $1.2 million this year
Monthly revenue over $100,000
The Depth of Podcasting
Podcasting offers depth over reach, unlike viral Facebook videos
Meaningful interactions and connections with the audience
Podcasting impacts more profoundly than short, forgettable viral content
Personal Growth and Reflection
Keeping a diary improves self-awareness and learning
Consistent reflection leads to faster personal development
Enhanced communication skills and confidence
Networking and Friendships
Forming lasting friendships with guests
Building a professional network through genuine conversations
Future Plans
Expanding "The Diary of a CEO Live" events
Touring across UK cities
Continued focus on improving guest quality and production value
Conclusion
Honest insights into the making of the podcast
Podcasting can be fulfilling and profitable
Future plans for further growth and live events
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Full transcript