🎙️

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