Episode Transcript
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Welcome to Marketing School, the only
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1:16
right, everybody. Today, we've got Pat Flynn, who,
1:19
interestingly enough, for the Leveling
1:21
Up podcast that I've been doing for about ten years. Pat
1:23
was one of the first I think five guests, so
1:26
it's been been a long time since I've had
1:28
Pat on a podcast. And Pat
1:30
does a lot of different things. First and foremost,
1:32
he's the founder at SPI, so Smart
1:34
Passive Income. They transform beginners
1:37
into pros by using proven methods and courses.
1:39
That's only one piece of it, though Pat does a lot
1:41
more than that. He's got a Pokemon channel,
1:44
he's got a mastermind going on. He's
1:47
a prolific writer. He's an author, so he's
1:49
got a couple of books as well, which we'll talk about in a
1:51
second. He's now a fisher maybe
1:53
he's a deep sea fisherman. We'll talk about that as well.
1:56
And yeah, I just I enjoy talking to Pat
1:58
because he tries a lot of new things. So Pat,
2:00
welcome to show. How are you? Thanks for having me? Man,
2:03
dude, stoked to be here. Grateful that
2:05
you've done on my show as well, so I appreciate that.
2:07
And you know, in addition to all that, invented
2:09
a product. I don't know if you knew that, but that was another thing
2:11
that we tried and experimented with and I just,
2:14
you know, somebody was like, Pat, why do you do all these things?
2:16
I just have an inherent curiosity
2:19
of just how things work. And instead of
2:21
just like reading about it or listening about it
2:23
or watching it, I just do it and see what happens.
2:25
I find that that's my best way of learning, and you
2:28
know, I can then pass on that information to others who
2:30
might need it. It's the switch pod, right, Yeah,
2:33
the switch Pod that launched in twenty nineteen.
2:35
In that it was such a
2:37
slow process, dude. Physical products are
2:40
are a thing. You know, digital products the world we
2:42
come in from, you know, anything from ebooks,
2:44
courses, that stuff can be turned
2:46
around very quickly. But a physical
2:48
product, any minor little change like
2:51
has to go through a process and remolding
2:53
and all this stuff. Anyway, we launched in
2:55
February of twenty nineteen on Kickstarter, and
2:58
in sixty days we generated about a half million
3:00
dollars in sales. And that's pretty
3:03
much an automated business right now, which is pretty cool,
3:05
mostly on Amazon. Got it amazing? Yeah,
3:07
I want to come back to that one. I mean, just for
3:09
a recap for most people, I'll
3:12
started off first. I'll turn over to you. So
3:14
Pat, basically, you know, after
3:17
the two thousand and eight crisis, the recession,
3:20
Pat basically started as an online entrepreneur
3:22
and was sharing a lot of tactics he had. He basically
3:24
had was teaching people a lot of things, and then he
3:26
was collecting money through affiliate commissions,
3:29
and then I think there's some other ways you're monetizing
3:31
as well. But Pat was always sharing his He
3:33
had these income reports, right, which he no longer
3:36
does. But Pat, do you want to kind of just share your
3:38
story a little bit for those that don't know you, and then we will plug
3:40
on these strings. Yeah. So two thousand and eight, you
3:42
marked the timeline correctly. I was going to be an
3:44
architect, got laid off. Started an
3:46
online business to help architects and people in the
3:48
design space pass an exam. In that
3:51
website, which still exists today. It still makes a few thousand
3:53
dollars a month for fifteen
3:55
years now, which is kind of insane. It was
3:57
built with yes, affiliate marketing in mind
4:00
and pushing people to other products, but mostly it was actually
4:02
a study guide that I created that
4:04
I sold for like nineteen dollars in ninety nine
4:06
cents, and that was my first foray into wow,
4:08
like I can take information I have, package
4:11
it and share it online and get
4:13
paid for that and get recognized
4:15
and build a brand and get thanked.
4:18
And this is like completely different than anything
4:20
I've learned. So I went full in with that
4:22
and then started Smartpassive Income dot com,
4:24
which is where those income reports existed. Because
4:26
in the very beginning and actually for the first eight years,
4:29
I published monthly what I was spending
4:31
my money on, how much money was coming in and where
4:33
it was coming from, and that just provided an authentic,
4:35
transparent way for people to know what was happening
4:38
in the business. And you know, a lot of people were teaching
4:40
business, but a lot of people were teaching stuff that was
4:42
just regurgitated from elsewhere.
4:44
I wanted to show people that I was doing what I was saying,
4:47
and that's that's kind of where that came from. I turned
4:49
those off, though eventually because the business started
4:51
to grow so large and I had my hand
4:53
in everything from an iPhone app company
4:56
to other things that were going on that
4:58
the income reports were almost
5:01
unbelievable. Now to people, or at least not
5:03
relatable, and it was actually pushing people
5:05
away, like, Pat, you're way beyond my level now,
5:07
you're no longer helping beginners. I was.
5:09
It's just the income just kind of scared
5:11
people off actually or attracted
5:13
the wrong kind of people too, And so I turned
5:15
those off and focused on more report campaign
5:18
based earnings and things like that versus
5:20
like overall, what's going on? You know, it's interesting
5:22
on this podcast, we've talked about not
5:25
sharing income reports, right, so how
5:28
like it can attract unwanted attention or maybe it's
5:30
not as relatable anymore. And I know John
5:32
Lee Dumas kind of a you know, great
5:34
guy, right he said a response saying, well,
5:36
here's an argument for sharing it. Then we had like a
5:39
part two. We're like, yeah, it's we still
5:41
believe it's probably not in your best interest to share it.
5:43
So what's your take on that. I think your take is
5:45
probably in agreement because you're not sharing it right now,
5:47
right, So yeah, I mean, I think it's important
5:49
to be honest and upfront with an audience
5:51
when you're building that audience, because you want people
5:54
to know the full story. And I think, you
5:56
know, I would never tell somebody that they
5:58
should share their earnings, but
6:01
it's going to be really up to you. But it
6:03
was a great thing for us to do in the beginning, or
6:05
for me to do in the beginning, because it's sort
6:07
of like when you're investing in the stock market. You want to know
6:09
how these companies are doing, how much money are they making,
6:12
so that I can invest and see if their future
6:14
is bright and we can kind of you go in there together.
6:16
And in the beginning on Smart Passive Income, I wasn't asking
6:18
people to pay for anything, but they were spending
6:20
a lot of time on the site, and so I was like,
6:22
well, if you're going to be spending a lot of time with
6:24
me, I want to be fully upfront with you. And
6:28
in all honesty, I also knew that they attracted
6:30
a lot of people. My way to to be sort of
6:32
like the carrot to bring them into the brand.
6:34
But it was never just about the earnings. It was here's
6:37
why those earnings fell this month, and hear
6:39
all the lessons. So I always tried to make sure that
6:41
it wasn't just the numbers that were
6:43
attracting people, but it was like the lessons and the learnings
6:46
behind those got it? So I'm going
6:48
to jump around here. I mean, I'm looking at your YouTube
6:50
channel right now. And I've been on kind of
6:52
talking about this, the idea of building a
6:54
media company and diversifying. So even
6:57
though I love SEO, I love paid,
6:59
I love all this cro you know, YouTube
7:02
podcast, like all this stuff is beginning to
7:04
do takeover and like all the kids growing up, they want to
7:06
become YouTubers, right, So I'm looking at your channel
7:08
right now, deep pocket Monster. So this is a channel
7:10
about Pokemon cards. In the last
7:12
thirty days you got about ten point seven million views
7:15
and then on three videos and then lifetime
7:17
eighty three point four million views. So do
7:19
you want to talk about this channel a little bit and we'll take
7:21
it as a conversation. Yeah, it's kind of wild.
7:24
First of all, I didn't know anything about Pokemon before
7:26
twenty twenty, and then I thought
7:28
you did. So when I was watching you grow this thing, I was like, oh,
7:30
he was totally a Pokemon fat No, no, I
7:32
was a Magic the Gathering guy actually, So
7:34
it's like why Pokemon, Well, my
7:37
kids were doing Pokemon things. They were going to school,
7:39
coming home from school with Pokemon cards, and me
7:41
as a parent, I always love to do what they're doing.
7:43
It allows me to bond with them. I was into Fortnite
7:45
for a while with my son, and then he moved on from that
7:47
and they were into Pokemon. And when I started diving
7:49
deeper into the world of Pokemon, I started getting
7:52
on YouTube, and on YouTube, there's a lot of players
7:54
in the Pokemon space who've been in there for years, and they
7:56
have an extensive library of collection
7:58
and knowledge and experience. But
8:01
I also knew that as a creator, that
8:03
there were a lot of holes in the space. There wasn't anybody
8:05
who was coming in doing anything different, or
8:07
telling story or bringing really something,
8:10
you know, with some good flavor from a
8:12
creation standpoint into the space. And so, you
8:14
know, me being an entrepreneur and me being somebody
8:17
who is a creator, I saw that opportunity. I said,
8:19
you know what, I think I can come into the space and provide
8:21
something new and different. But I
8:23
can't compete on collection because I hardly
8:25
have a collection. I can't compete on,
8:28
you know, the knowledge of the marketplace
8:30
of cards, because a lot of people do buy and sell and flip
8:32
and all that kind of stuff. They do treat it as an investment,
8:35
but I can compete on story. So
8:37
how am I going to bring story into YouTube
8:39
and create stories that get people excited? And
8:41
what's my position? My position is I'm a newbie,
8:44
much like many of the people who got into collecting
8:46
in twenty twenty during the pandemic, and
8:48
I'm just going to be the person who says, you know what, I'm learning
8:51
as I go. I don't know the names of all the Pokemon.
8:53
I mispronounced some of them, and that's a part of
8:55
the brand. Now It's like, oh,
8:57
Pat is actually more relatable because he's more
8:59
like me. He doesn't have this big collection
9:02
like poke Red, he doesn't have this investment
9:04
knowledge like sm Pratt. He's just like
9:06
me. And this is the same approach that
9:08
I took with Smart Passive Income. I'm
9:10
not the best most I'm not the best
9:12
marketer. I don't know like I'm a terrible copywriter,
9:15
but I do know how to help people, and I'm going to show
9:17
you exactly how I figure that out. And
9:20
so I'm taking people along the ride. And as
9:22
we've got into YouTube even more, what's
9:24
really driving the success here is the
9:27
data. The data that we're collecting from the videos
9:29
that we're publishing, from the retention
9:31
rates to the click through rates. This stuff is like
9:33
gold to us because YouTube is telling us exactly
9:36
what's working and what's not, and we're just taking
9:38
all that's working and putting it into the newer
9:40
videos and removing all that's not to
9:43
a point now where we publish
9:45
a video and just for example, this video
9:47
that came out last Saturday, which was like a Halloween
9:49
related one, so it is a little seasonal and such, but
9:52
we had one hundred thousand
9:54
views in five hours.
9:57
Currently after three days is at six hundred
9:59
thousand, and it was the number eight trending video
10:01
and all of YouTube at one point. It's
10:04
already generated over three thousand dollars in
10:06
revenue from ads and has
10:09
accounted for over three thousand subscribers
10:11
to the channel. But the whole channel
10:13
now is growing as a result of this one video
10:15
coming out, and so these videos are crazy and we
10:17
can command now a twenty thousand dollars sponsorship
10:20
fee within a single video as well. I
10:23
am making more revenue on this channel
10:26
than I am on my smart passive income stuff because
10:29
this is a very lean situation. It's just
10:31
me and an editor versus an entire
10:33
team to run a business in a multimedia company.
10:36
But a lot of that money it's
10:38
going back into the channel. It's buying more product to
10:40
give away, and it's taking a very
10:43
Mister Beast sort of approach to it. I
10:45
mean, I love Mister Beasts. I'm nowhere
10:47
near where he's at, but it's having
10:49
the same feel where we're doing these giveaways. Now
10:51
we're going into public and we're
10:54
gifting things to people and making them, you know, emotional
10:56
about that. And when you can bring feeling
10:59
into YouTube like that, it really
11:02
makes people want to It gives them that like dopamine
11:05
hit that they can't get anywhere else, and they want to keep coming back
11:07
for more. Right, It's like you have
11:09
to bring some sort of emotion somewhere in
11:11
a YouTube channel or else. It's just information
11:13
that they can collect and then move on and maybe
11:16
never come back. And that's the struggle that I
11:18
have with my other channel, my entrepreneurial
11:20
education channel Pat Flynn, is people
11:23
will come for the podcasting material, for example,
11:25
get their podcasts up and running, but there's
11:28
no reason to come back, right, I have three hundred
11:30
thousand subscribers there, but that took eleven twelve
11:32
years to get. I'm at three hundred
11:34
and sixty thousand subs in less than two years on
11:36
this one because we're really getting into
11:39
the storytelling and people wanting
11:41
to come back to a point now where every video
11:43
when a person sees it in a notification,
11:45
they drop what they're doing to watch. And
11:48
this is I mean, we're still learning, but it's growing
11:50
and it's turning into this business now with some incredible
11:53
opportunity to create other things,
11:55
even physical products and other things down the road. It's
11:57
becoming a major brand now and
12:00
it's probably the top four channel
12:03
in the Pokemon space. And it's now at a point now
12:05
where Pokemon is sending me product like Pokemon International
12:07
Company sends me stuff before anybody
12:10
else gets it, because I'm considered sort of a
12:12
trusted influencer now in the space to them
12:14
and a partner. So pretty incredible.
12:16
And we're running an event next year, thousands
12:18
of people coming to Anaheim, California for Card
12:21
Party, and this is you know, I have
12:23
event experience. This is a new community that I
12:25
want to bring together and I know how to do that, and so all
12:28
the things I talk about my book Super Fans I've been following
12:30
to a tee here to build this community, and
12:33
a person who didn't know anything about Pokemon
12:35
now is going to be hosting one of the largest
12:37
events in Pokemon for creators
12:39
and fans. It's pretty
12:41
wild. So hopefully that's encouraging because it means,
12:43
like, you know, as long as you focus on providing
12:46
value, creating story and
12:48
bringing the community together. I mean, you don't have to
12:50
be the expert to be able to do that. You just need
12:53
to be a part of the community
12:55
and listen up and try to help. Yeah,
12:57
you mentioned a word storytelling a couple of times, and so
13:00
I think that's really important because if memory serves
13:02
me right, when I look that SPI is very tactical. You
13:04
got straight to the point, right, It's correct. Yeah.
13:06
Yeah, And on these I'm noticing that the videos
13:09
are ten minutes, ten minutes, fifteen minutes plus,
13:11
which means there's probably an element of story in there. So
13:13
how how have you leveled up your storytelling?
13:16
And is there like, are there any tactics you can provide
13:18
for someone here? Yeah? For sure. I
13:20
mean there is the hero's
13:23
story, which is from you know, just
13:26
you know how movies and books are
13:28
made. You know, you have a character, a person
13:30
somebody can relate to, and something happens
13:32
to them and they go through a struggle or a
13:34
challenge, and you know, they get guidance somewhere
13:36
and they come out the other end better. Right, that's
13:38
essentially the formula. But for
13:41
us, the way that we approach our videos specifical on
13:43
YouTube, and this is where we can get a little tactical here is,
13:46
of course, we start with an idea, right. So, for
13:48
example, an idea I had for a video once it was just
13:50
like, we have all these extra energy cards that come
13:52
in every pack. Nobody uses them, people throw them away.
13:55
Might we be able to do something interesting and fun with them?
13:57
Right? So the idea was, Okay, let's
14:00
do a video where we do these sort of like arts
14:02
and crafts with these things. It's like, is that really
14:04
interesting? Like what's the story here? How is this going
14:06
to compel people to watch and especially
14:08
stick around to the end. I mean it might be a fun craft
14:11
video for a parent and a kid to watch together, but how
14:13
can we hook a person in so
14:15
that they are going to watch all the way to the end,
14:18
whether they like Pokemon or not. We need
14:20
to find a story here. So my team
14:22
and I we developed this idea of
14:24
turning this into a challenge with my son.
14:27
So my son got involved. And this is the fun thing about
14:29
this channel too, is it's like a family thing. We can all do these
14:31
things together. So instead of
14:33
just like me sitting down and creating
14:35
art pieces or building a table with these
14:37
things, it's like, okay, we'll include those
14:39
in this story. But what is really the story here. Well,
14:42
the story is my son challenges
14:44
me to do a trick shot where I throw
14:46
an energy cart across the room and it lands in
14:49
a cardholder, and then
14:51
if I don't do that in time, I lose
14:53
one of my favorite cards. And
14:55
then okay, you're like, well, where does the arts and crafts come
14:57
into play? Well, that just becomes
15:00
distractions for me because I see all these
15:02
energy cards and I'm like, oh, that could be a nice table, and
15:04
then I like spend two hours doing that and I'm like, oh, crap,
15:06
I might lose my card. And it's like this silly
15:08
thing on the service that you're like, wow, but now
15:10
there's something at stake. Now there's a reason to watch
15:13
to the end because I may or may not finish
15:15
this challenge, and I have something that is very
15:17
important to me that in this space people
15:20
know this particular card. It's a Charis Art, it's
15:22
a graded card. It's worth nine hundred
15:24
dollars. I might lose this to my son.
15:26
So now you're sticking around to the end, and the retention
15:28
graph on this because there's pattern interrupts
15:31
because I'm going to this distraction and then I go back
15:33
to the main story and I go back to this distraction. It
15:35
almost seems like a sitcom in a way, and
15:38
the retention graph is completely flat. People
15:40
like seventy percent of people who start
15:42
the video are getting to the end, and that is
15:44
insane. That is crazy. Yeah, you
15:46
never see that with educational channels at
15:48
all, unless there's a story like Mark
15:50
Rober right where there's like Mark Rober
15:53
is a great example of a person who's doing educational
15:55
videos right where sure
15:57
you're talking about you know, squirrels,
16:00
but there's a squirrel Olympic that's
16:03
happening, and or you're, okay, cool,
16:05
I'm gonna build this thing that's gonna like throw glitter
16:07
everywhere to protect thieves, or not protect thieves,
16:09
to be against thieves. But then the way he
16:11
tells a story and it's all relatable
16:13
to us because we've had packages stolen. This glitter Bomb
16:15
is now like at four point zero version. Now there's
16:18
probably a five point zero coming out for this year. So
16:21
the beauty of this is when you could hold people.
16:24
First of all, the challenge informs
16:26
now how it's filmed. Now it's no longer
16:28
about just like, let me film this beautiful table and
16:30
how I put it together. It's actually now more about
16:32
this challenge. And the way that we
16:34
start it is we go with the title first.
16:37
On YouTube, title first, because that's
16:39
the most important thing. If people don't click on the video
16:41
because of a title and a thumbnail, then the video might
16:43
as well not even exist. Title thumbnail
16:46
first. If the title and thumbnail
16:48
is not interesting enough, we don't go film
16:50
it. We don't. But if it's
16:52
like, oh yeah, that'd be a sick video, I think that
16:54
would be really fun. Now we build
16:57
the story coming out of that title and
16:59
thumbnail to keep that conversation going.
17:01
And then it's about retention. Right, So there's two
17:03
parts of this process. There's the click, which
17:05
is the title thumbnail, and the stick,
17:08
which is the hook and the retention. And
17:10
if you can get people as far into that video
17:12
as possible. Well, what YouTube
17:15
does is it goes, Wow, people who watch this video
17:17
stay here. That's what YouTube wants because
17:20
YouTube makes money by people staying on
17:22
the platform. So if
17:24
you are doing that to help YouTube, YouTube's going to
17:26
help you back. They're going to send that video out
17:28
to a whole bunch of other people too. And so we
17:31
see these giant spikes in our impressions
17:34
when we see YouTube start to send
17:36
this out to different groups of people. And now
17:38
there's millions of views on a video.
17:40
And the cool thing is like these comments now are
17:42
like I don't even like Pokemon, and I'm just like
17:45
glued to the screen now, right, And
17:47
that's the coolest thing. But beyond that, I
17:49
go live as well on my YouTube channel once a week
17:51
and I give away some of the stuff that I buy and I open
17:54
up packs and stuff. And the cool thing about Pokemon
17:56
or just cards in general is they come in like a pack.
17:59
You don't know what's in side. Once
18:01
you see that pack, you're like, well,
18:03
I got to stick around to see because the expensive
18:05
card might be in there. And I think
18:08
for anybody else who has another YouTube channel, that might
18:10
not have an inherent sort of mystery
18:12
pack built in. You have to put
18:14
that in there. Right, what is
18:17
the thing that you're trying
18:19
to figure out where what might be the
18:21
outcome that I now have to stick around for? Right
18:23
if I'm maybe an entrepreneur, maybe I
18:26
and I'm trying to teach marketing cool. Instead of just like
18:28
here are my top five marketing tips for you,
18:30
it might be, Hey, here's this company.
18:32
It's a food truck. They're brand new, they have
18:35
no idea what they're doing. So I'm going to give them five things
18:37
that they're going to do to get their truck up and running.
18:39
And the goal is, by the end of this week they're going to
18:41
have, you know, over a thousand customers.
18:43
Let's see if that happens or not. Now my
18:46
strategies are being used to help number
18:48
one number two, maybe
18:51
they're not going to work because we're actually
18:53
putting them to the test. And then you're
18:55
out in public. There's a lot more things to look at
18:57
visually, and there's like things at stake. You might
18:59
have a part in the middle where it's like, hey,
19:01
we're like under where we should be. What are we
19:03
going to do? Pat? Okay, Well, in this situation,
19:06
here's what I would do. Tip number four. You got
19:08
to mobilize your social media accounts. Here's how
19:11
I would recommend doing it. This, this, this, Okay,
19:13
go and then now it's like documenting
19:15
how they're trying to do that and yo, it worked, Oh
19:17
my gosh, and now everybody has those feelings because
19:20
now you, as the creator, are no longer the
19:22
hero of the story. It's it's your customer
19:25
or your your avatar. So that's how
19:27
I would do that, And if I could go back in time, I
19:29
would try to implement more of that on
19:31
my YouTube channel because right now, information
19:33
is freely available everywhere. Right just
19:36
having the information back in the day was
19:38
valuable. Having the information today
19:41
to share it's almost
19:43
overwhelming for people. Just having
19:45
the information is not enough. You have to connect
19:48
on an emotional level in some way, shape or
19:50
form if you want to keep people sticking around. People
19:52
subscribe not because of the video
19:54
that that just watched, but because of how that
19:57
video made them feel, and they want to get more
19:59
of those feelings the next videos that you come
20:01
out with. So that's kind of the secret
20:03
sauce and kind of what's on top of my head right now as far
20:05
as YouTube and the landscape where and there's
20:07
also a lot of really interesting things
20:09
happening in the landscape of YouTube, especially with
20:11
relation to shorts. Shorts
20:13
are their competitor to TikTok
20:16
and Instagram reels, but it's unique because it's built
20:18
into this platform that has long form videos with it
20:20
too, And when shorts came out last
20:22
year, it was a big kind of weird
20:25
thing that they just launched without any thought to
20:27
like, well, how does this affect the long form videos, And what
20:29
ended up happening was people who had
20:31
long form videos and then added shorts, YouTube
20:34
was confused about what they should promote, and it was actually
20:37
in some cases sabotaging the long
20:39
form videos. Now they're really
20:41
focused because they see that they have a
20:44
billion users every day using
20:46
shorts that they need to integrate
20:48
it so that people who watch your
20:50
shorts will then also get recommended
20:53
your long form videos and vice versa.
20:55
And then monetization for shorts is going to be big.
20:57
In February of twenty twenty three, when they they
21:00
just Allounch a new partner program specifically
21:02
for shorts that just crushes TikTok and Instagram
21:04
reels, so you're going to see a lot
21:06
of promo for that kind of stuff. And what's going to happen
21:09
is on YouTube, you're going to see these channels now
21:11
that have long form videos, short
21:13
form videos like little clips of those things
21:15
or maybe their own little sixty
21:17
second story. And then podcasts
21:20
are going to be on YouTube as well. We've
21:22
already seen video podcasts on YouTube,
21:24
and they've just been like long long
21:26
form videos. But now you're going to see eventually
21:29
specific categories and recommendations,
21:31
and you're going to see this like multifaceted
21:33
creator with a bunch of different ways people can consume
21:36
their content on YouTube, and
21:38
it's going to be really exciting because they're going to push it out and
21:40
who knows where it will go. But if you're not on YouTube,
21:42
you're missing out for sure. Yeah.
21:44
I mean, I could talk about YouTube all day because I'm obsessed
21:47
about it right now. But just a couple more
21:49
questions on YouTube and then we can we can move
21:51
on. So, sure, how much time are
21:53
you spending on each video,
21:55
because like with the tactical stuff, you know,
21:57
I'm usually just jumping right into it, right and there's not a
21:59
lot of thought that goes into it, and I mean that hurts,
22:02
right, because I look at our retention. Maybe we're lucky
22:04
if we get like thirty forty percent retention, right,
22:06
but seventy percent is like the dream, which is what you have.
22:08
So how much time do you think you're investing into
22:10
one video? Well, it's funny because when we started
22:12
this channel, we're like, we got to publish two times a week,
22:15
right, we got to crank it out there, and we're
22:17
going to play the quantity game. There's
22:19
no real downside on
22:21
the surface to just creating more content
22:24
and hopefully some of them stick. But the downside
22:26
really is you're just not spending as much time to
22:29
put that craft and creativity into
22:31
individual videos. So now
22:33
we're actually at like one video every
22:35
two weeks, So from two videos
22:38
per week to now one every two weeks, still
22:40
probably the same amount of time involved, but
22:42
now all in on those single videos so
22:44
we can nail the story, so we can nail the
22:46
thumbnail and title. I mean with the thumbnail
22:49
alone, I mean we're spending two or
22:51
three hours just thinking about
22:53
the title and thumbnail and coming up
22:55
with, you know, twenty five different versions
22:57
of the thumbnail and looking at them across
23:00
each other and playing with the colors
23:02
and what pops, because that's what people see. I
23:04
mean they only you'll you have like
23:06
a quarter of a second for a person to decide whether
23:08
they're going to watch your video or not. So a
23:10
lot of time in that, for sure. But I would
23:12
say overall, you
23:14
know, at least for the filming part of it. I
23:17
mean I filmed the video yesterday. For example,
23:19
I went to a place in la called Frankin
23:21
Son's and it's just I think it used
23:23
to be like a Fries Electronics or a Costco or
23:25
something, but you go in there and it's just vendors
23:28
who sell comic book related
23:30
things, Pokemon, sports cards, et cetera. And
23:32
so my goal is, like to go there and
23:34
buy cards. Well, that's not a great story.
23:37
What's the story. The story is I have one
23:39
hour to complete a set from scratch,
23:42
a set that came out in nineteen ninety nine and
23:44
is an old set. So there's like a big challenge here.
23:46
So I have to go around this new place. It's big,
23:49
it's overwhelming. How am I going to find my way through it? Am
23:51
I going to get it done in an hour? We'll see. So
23:53
that one took you know, an hour to
23:56
film, but there was definitely a lot
23:58
of thought behind it a few hours in terms of like,
24:00
well, what's the story here, what's the angle that we're
24:02
taking, what's going to get people interested? And
24:04
then there was an additional hour of filming of
24:06
just b roll and like you know, things
24:09
like that, just to kind of get more of the environment. But
24:11
really what's going to happen now is
24:14
that the editing process starts. And this is where me
24:16
and editor really go in and start really
24:18
putting these puzzle pieces together, because I have
24:21
an hour of content, in some cases sometimes
24:23
more than that, but we need to take the best parts
24:25
in craft a real sort of like sequence
24:28
of events that happens. And so I'll
24:30
actually be writing a script because it's
24:32
a lot of voiceover in my videos,
24:34
but it doesn't have to be. I'm going to be essentially
24:36
taking all the footage and going,
24:39
okay, let's use this part of this one here. Then
24:41
let's go into this section here. Oh, here's a
24:43
cool thing that I saw where we can insert
24:45
that I met a family yesterday who
24:47
had recognized me, So let's insert that here because
24:50
that's a nice feel good spot. So in the middle
24:52
of like a really tough time, I'm going to put
24:54
that in there and that'll inspire me to keep
24:56
going. And then essentially hours
25:00
do that, and then the voiceover and
25:02
then likely four or five more rounds
25:04
of re edits. And it sounds like a lot,
25:07
and the truth is it is. But
25:09
you know, you see people like mister Beast, who
25:12
is at the top of YouTube, and you
25:14
hear about stories of him, you know, literally
25:17
hiring twenty people to watch
25:19
his video, to sign an NDA to
25:21
not talk about it, to watch the video before it's published,
25:24
and they're being recorded to see
25:26
when they get bored, when they look at their
25:28
phone or look away, so that he can fine
25:31
tune and craft that and really
25:33
get into those things that are at
25:35
the granular level going to keep people watching.
25:38
And if you watch a YouTube video from mister Beasts, for example,
25:40
like watch it with that in mind, why
25:43
did that? Why did he make those
25:45
decisions? And we're always doing that. We're pulling
25:48
a lot from that as well. You'll notice
25:50
that, for example, when mister Beast does a challenge,
25:53
you're five seconds into the video and he's already running
25:55
around and the challenges started right when
25:59
we did our challenges. Initially, it was like me sitting
26:01
at my Pokemon desk here in my office.
26:04
Hey, guys, today we're gonna do this really cool challenge. I'm
26:06
gonna go to the mall. We're gonna do this thing. We're gonna
26:08
scramble around for a couple hours and here are the rules.
26:10
Okay, let's go. Thirty seconds in
26:13
and it's like people are gone already, right
26:16
versus Hey, we're at the mall,
26:18
we got a job to do. Let's go, and nobody knows
26:21
what's going on exactly. And as we're running, there's a voiceover
26:23
or I'm looking at the camera like, okay, guys, here's
26:25
the plan. We've already We're already two minutes
26:27
in. We got one hour to finish this thing. And
26:30
now it's like, oh, the rules are coming out as
26:33
we're going along, and you didn't
26:35
give a person a chance to decide whether or not they
26:37
want to leave or not. They're in the story already,
26:40
right, So that's one week we go about
26:42
it. Another thing that mister Beast does is you'll
26:44
notice he ends the like the
26:47
end of the video comes without you even knowing it's coming.
26:49
And that's another thing that we did. We used to have a
26:51
big sort of like conclusion section of
26:53
the video. This is very prominent
26:56
in the education space on YouTube. It's like, all
26:58
right, those were the top five things. As a remind, here's
27:00
a summary of them, and you're talking
27:02
for like an additional minute or two. But
27:05
people who got what they needed, they're gone by
27:07
then they could go back and rewatch it if they want it. You
27:09
don't need to recap or do any of this stuff like
27:11
we're taught to do in school. You finish
27:14
the video and by the time they realize
27:16
it's done, the next video is already playing,
27:19
right, And if you can get a person to go from
27:21
one video to the next, that's like you're
27:23
just feeding YouTube exactly what they want and they're going to
27:25
give you more viewers because of that.
27:28
So again, a lot of that was as
27:30
a result of watching other channels
27:32
that fit the same genre that we have that are
27:34
doing really well and sort
27:36
of borrowing the frameworks and seeing what they do well.
27:39
Another one there was a guy who's sort of an engineer
27:41
similar to Mark Rober, who had a viral
27:43
video go out where he was cooking a chicken by slapping
27:46
it and the idea being
27:48
if you slap a chicken hard enough, you'll
27:50
generate enough heat to literally cook it. And
27:53
so a lot of people were talking about this on Reddit and
27:55
stuff, and it's like that alone is an interesting
27:57
title, right, Can I cook a chicken by slapping
27:59
it fast enough? Now?
28:01
I need to watch it? Right, So that's a really good title. But
28:05
we have some questions in the Pokemon space about
28:07
if you do this for this long. There's, for example, these graded
28:09
cards that come into plastic case, but the
28:11
cards move around and forever. People were
28:13
like, doesn't that damage the card? I don't know, and there
28:16
was like a debate. Well I was like, oh, you know what, I'm
28:18
going to answer that question right now. So
28:20
I followed the same framework that Lewis
28:22
did when he built his chicken slapper,
28:25
where it was like the debate about it. So
28:27
I talked about the debate in my space. Then
28:30
the build montage. I did a build
28:32
montage. I built a Lego machine to shake up
28:34
Pokemon slab and he built his thing
28:36
out of a lot more complicated things. And
28:38
then the first test that didn't go well. My
28:40
first test didn't go well. Just followed the same
28:42
structure because that was proven to hold
28:44
an audience, but I just took it into my world
28:47
and brought something else new to it that
28:49
they've never seen before. So anyway, I could
28:51
talk for days about this kind of stuff. It's so interesting
28:53
and fun. It's a it's a game to me.
28:56
Let's figure out the winning
28:58
format for all this. And it's
29:01
never going to be perfect and I can always
29:03
improve. But that's the beauty of it.
29:05
Even if a video goes out and it fails, you're still
29:07
able to learn from it because of the analytics
29:10
YouTube can offer you. I feel like,
29:12
correct me if I'm wrong. I just the vibe I'm getting
29:14
is this is probably the most fun you've had in your career,
29:17
bro. One thousand percent.
29:19
One thousand percent. And that's the I love
29:22
that you mentioned that, because the
29:24
more fun I have filming these videos,
29:27
the more fun the audience has. That's
29:30
it. There was a point on my Pat Flint channel
29:32
where I was like, oh man, I gotta
29:34
get another video out this week. Fine, Okay, fifty
29:37
things a podcaster can do to grow your
29:39
show. And you know, I try to bring the energy
29:41
and you do, but it
29:44
comes across not as not even
29:46
not as genuine. It's just like there's
29:48
no energy there, So where
29:50
is your energy as a creator? Can you
29:52
capture that and tell that story or
29:55
even just share that information in a way that's
29:57
exciting to you. I'd be more excited
30:00
if I was able to, like I mentioned
30:02
earlier in that example, if
30:04
I have five marketing examples, I
30:06
could just talk to the camera and say that, or I can
30:09
literally put them to the test and show
30:11
how another company does it and actually
30:13
help them get results, which then makes
30:15
me look better in the end. But of
30:18
course that's more effort, yes,
30:21
of course, but with more effort
30:23
often comes more results. We really,
30:26
a lot of us have been trained to focus
30:28
on, well, how can we automate this? How could we take ourselves
30:30
away from this process as much as possible? And you can only
30:32
get so far doing that, But in some
30:35
cases you do have to. And mister
30:37
B said, this is like people know when you've put
30:39
in the extra effort, Like your audience knows
30:41
that you've done that, and they will reward you for that. Yeah,
30:44
I mean, look, eighty four million, eighty four million
30:46
views, right, and that's in a span of what less
30:49
than two years? Yeah, one year and ten months,
30:51
okay, which is phenomenal. Right. I Mean my
30:54
kind of takeaway from this one is its depth
30:56
pays off at the end of the day. Right, So literally,
30:59
like, and I haven't heard this before, like you're
31:01
in all the way. It's like you're in post
31:03
production as well, and you're in on like the five
31:05
edits afterwards, and that's dedication right there.
31:08
So so props to you. How much are
31:10
you spending right now? Because when I
31:12
talk to a lot of content creators right
31:14
now, I mean, are you know when I think about
31:16
our cost it's like, okay, it's not even it's
31:18
not at that level yet, But forty fifty sixty
31:21
grad minimum for your content team, right,
31:23
is that what you're spending roughly, I'm
31:25
spending for editing, ideation
31:30
support in the discord because we have
31:32
a community as well. We actually have like two thousand
31:34
paying YouTube members as well who just paid
31:37
a monthly fee because they want to support the channel. It's crazy.
31:39
So this pays for itself. But forty
31:42
five hundred dollars a month. Oh wow, that's
31:44
good. Yeah, it's amazing for everything
31:46
right now. The only other thing that
31:49
you could add to that would be how much it costs
31:51
to spend on the product, right, But we
31:53
found this really cool formula. So there's
31:56
buckets of videos that you should have like playlists
31:58
on your channel. Right, eventually should have three to
32:01
five that are like your money
32:03
makers essentially, if you want to call it that, even if they're not making
32:05
money, but that's like what you're known for. And these are the styles
32:08
of videos you create. One style that we have is
32:10
like buying things on Etsy, and they're
32:12
weird, they're silly, they're funny, they're cool, they're
32:14
sometimes treasures. That's one series
32:16
of videos. Another series of videos we have are
32:18
these set completion challenges
32:21
that we've had too, but a
32:23
recent one has become me buying
32:25
other people's collections. So I
32:27
will buy a person's collection for let's say two
32:30
thousand dollars. I give
32:32
them the money, they give me the collection. I film that, and
32:34
the hook is, I just spend a whole bunch
32:36
of money on this collection, and we're
32:39
going to see in the end whether or not I got my money's
32:41
worth or not. So that so you have to
32:43
wait to the end to see how much I actually spend on
32:45
that. So now a person watching might be calculating
32:47
in their head and seeing some really cool cards and
32:49
all that kind of stuff, right, So that's the hook.
32:52
But here's the thing. That video that I come out with
32:55
might make four or five K and add revenue, so
32:57
it's already paid for the thing. In addition
33:00
to that, I go live and I
33:02
say, hey, everybody, I'm just going to pull a couple of these
33:04
cards from the collections I've bought for myself
33:06
and I'll add them to my personal collection. Everything
33:08
else I'm giving away. And so now
33:11
people are like, oh my gosh, you're so nice, and I'm
33:13
grateful for that, and I almost feel
33:16
not that it doesn't like writing it kind
33:19
of kind of I just have
33:21
gotten, and I'm super grateful we're in this position
33:23
because now I can buy the other day,
33:25
I bought a five thousand dollars collection, and I'm going
33:27
to give most of those things away, and I know the video
33:30
is going to help pay for that, and these sponsors that come in these
33:32
things too. So now just the whole channel
33:34
and the community can bring up. I think that's
33:36
the big thing here is like as this channel
33:38
grows, I'm bringing everybody else with me and able to give
33:40
back more because you know, my other businesses
33:43
are fine. I'm set, and there's no need for
33:45
me to be greedy or hungry for
33:47
cash here, so I can reinvest a
33:49
lot of this and support the community
33:52
in the way that it needs to be supported. And it's cool
33:54
because banding together with some of the other
33:56
creators in the space, I mean, we're all going to be going
33:59
to the event that I'm putting together in
34:01
June of next year and cheating
34:04
maybe, but I think I think I earned my
34:06
way to this position. Well, it's cheating in
34:08
the sense that you have like a cheat code, That's what I mean,
34:11
like not cheating people. You get like yeah, yeah, yeah,
34:13
yeah, yeah, I mean I played Contra, I use that code.
34:15
Yeah yeah, I was
34:18
like Contra, Man, that's good's going way back. But yeah,
34:20
okay, so we might need to do another episode
34:22
because maybe this episode can just be on YouTube. But
34:25
okay, so you mentioned how much time it goes into
34:27
each video, But how much time do you think you're you're putting a
34:29
week on YouTube? Is it twenty hours, thirty hours
34:31
the whole week? I mean ten
34:35
At this point, it's still a side thing for me, honestly,
34:38
you know, because I still have multiple businesses
34:40
that I'm a part of. I'm an advisor, to several
34:42
companies in the startup space and creator space, and
34:44
that takes a lot of my time as well. So the
34:47
way that I've done this and this goes back to, you
34:49
know, twenty fifteen, twenty sixteen, when I learned
34:51
this, you know, because I tried the one
34:53
thing right, the one thing, only
34:56
do one thing. I can't do just one thing. I
34:58
struggle because I have so many things pull me
35:00
in this direction, in this direction. So I
35:03
implemented something called the twenty percent itch
35:05
rule, where I allow myself twenty percent
35:07
of my time to scratch that itch, to just try
35:09
something new, like eighty percent of yeah,
35:12
exactly, eighty percent, exactly like Google,
35:14
So eighty percent of my time to do what I need to do. Twenty
35:16
percent of time is play and experimentation. Some of
35:18
those things has failed and didn't do so well. In
35:21
twenty seventeen, my videographer
35:23
and I we decided to invent
35:25
a product and that's what my twenty percent of time was
35:27
for. Created the switch pod. It's this asset now,
35:29
this business that's sort of mostly run. He does a lot
35:31
of the day to day and it's being sold
35:34
and it provides a nice income and could potentially
35:36
sell off one day. Recently it's been
35:38
the Pokemon stuff, so you know,
35:41
initially it was five to ten hours a week. It's going
35:43
up. As I kind of start to see the
35:45
opportunity there, I'm removing myself
35:47
from SPI a little bit to add
35:49
more time here and you know, balance things
35:51
out. But that's what it is,
35:53
and that's how I'm able to do it. So it's not a ton of
35:56
time, but I do want to put more
35:58
time into it because it's I'm just having a blast. How
36:01
much money can a channel like this expect
36:03
to make, and you don't need to share exact numbers,
36:05
but just if people can get a rough ballpark.
36:08
Yeah, I mean it's tough because
36:10
different industries have a different CPM
36:13
or you know, cost per millionar, cost per thousand,
36:15
or RPM essentially revenue per thousand. My
36:18
Pat Flynn channel, which is
36:20
the business education one, has
36:22
a CPM of
36:25
average of forty five dollars. So
36:27
that's for every thousand views, I get like forty five
36:29
dollars of ads, which is very high, so high,
36:31
and it's because it's in that space a lot of financial
36:34
lawyers attorneys like it. Obviously depends on
36:36
who's paying for these ads and who they're trying to target. The
36:39
Pokemon channel has like an
36:41
eight dollar CPM,
36:44
and it you know, changes depending on the video and
36:46
the video topic, but it's generally around
36:48
that mark. But the reach is
36:50
much further and the potential
36:53
reaches much further. Also, if you think about
36:55
like the biggest, you know, entrepreneurial
36:57
YouTube channel, it might be Gary Vaynerchucker
37:00
something, it's like two and a half million subs. It's actually
37:02
not that much when you think about like
37:05
the overall the grand scheme
37:07
of YouTube versus like an entertainment
37:09
channel like mister Beeest for example, is over
37:11
one hundred million subscribers. I mean,
37:13
the general reaches much wider,
37:16
and Pokemon specifically is cross
37:18
generational. Unlike sports
37:20
cards like Chars aren't and Pikachi aren't
37:22
going to get injured, They're not going anywhere, they're
37:25
not going to age out. So it's interesting
37:27
for sure. I definitely think luck
37:29
did have a little bit to do with it because I came in at
37:31
the right time the pandemic just people
37:33
were spending money on collectibles, you know, to
37:37
nostalgia and all that kind of stuff. And for
37:39
me, it's interesting because you know, I grew up
37:41
playing Magic the Gathering. I wish I grew up playing
37:43
Pokemon. I have a lot more of my collection now, but
37:46
a lot of these people who do watch my channel,
37:48
the majority of them are thirty
37:51
five to forty five year olds. Yep,
37:54
male. These are people my age
37:56
who, when Pokemon came out in nineteen ninety nine,
37:59
fell in love with it, played the game, got
38:02
the cards, but didn't have money more than
38:04
just to get one pack a week from allowance. Now
38:06
they have money, and now
38:08
they're spending it, and now they're watching YouTube and bringing
38:11
their kids in on it too. So it's just it's
38:13
just fascinating. Yeah. One thing I
38:15
wanted to touch on on too, by the way, Like
38:17
I'm looking at these Gary V cards that I have over here
38:19
that I haven't opened, and you're giving me an ith to open these
38:22
left them there, so you know, you're
38:24
so okay, let's just ballpark, you know on
38:27
the eight dollars CPM. I mean, you guys, this
38:29
channel is probably doing like one point five to two million a
38:31
year or something like that. I'm just giving people a range. I
38:33
could be off, but I don't want pat to give exact numbers,
38:35
So let's just that's my guess,
38:38
right. So the one thing I wanted to call out to
38:40
is that what I'm noticing recently
38:43
is that the subs don't matter as much as they used
38:45
to. Right. So, our little marketing school channel, which we
38:47
revived because we lost a connection four years
38:49
ago, only has three thousand subs on it,
38:51
but it's already getting like almost
38:53
the same amount of views as my seventy three thousand
38:55
sub channel. So we're getting like, by the way, it's
38:57
like marketing, right, So it's like very small. It's like, you know, two
39:00
hundred fifty thousand views a month, which is like it's
39:02
okay, it's not like huge or anything. But I'm
39:04
like, just don't matter as much anymore.
39:06
They don't. They don't. Honestly, You'll notice
39:09
that if you look at the evolution of like how
39:11
the subcount has been displayed on YouTube
39:14
over time, it's becoming less and less
39:16
prevalent because it's honestly, it doesn't matter.
39:18
You can have a brand new YouTube channel. I
39:20
actually I have a student in one of my I have a
39:22
YouTube course, and he's like a hockey player, and he
39:24
created a video about how to get
39:26
a two hundred dollars hockey stick for one hundred dollars.
39:29
It was his first video. We worked on the thumbnail forever, but
39:31
it recently popped. It has
39:34
like two thousand views in a couple of days
39:36
after sitting sort of dormant for a while,
39:38
which sometimes videos do do that on YouTube.
39:41
And so he's stoked, and I'm stoked for him.
39:43
But he had zero subs, and yet
39:45
he's got thousands of views out of nowhere because he
39:48
used the formula. It doesn't matter how many subs
39:50
you have, because if you actually look at your analytics,
39:53
growth comes from people
39:56
who haven't yet
39:58
subscribed. Obviously, growth
40:00
comes from the viewersship
40:03
from people outside of your space.
40:05
And so if most of your views are coming
40:07
from subscribers, you're probably
40:09
not growing. You're probably not creating
40:11
stuff that is attracting new
40:13
people. And so the
40:16
beautiful thing is with YouTube is it has
40:18
the ability to reach people
40:22
like this is where it just crushes podcasting,
40:25
not just the analytics that's involved, but the findability
40:29
of that content, not just
40:31
based on search. Search is actually a very
40:33
small portion of how people find my videos.
40:35
The educational channels, it's going
40:37
to be a lot more important there obviously
40:39
because people are going to be searching for how do I start a podcast,
40:41
how do I do this? But for these entertainment channels,
40:44
searches is not even a factor. But
40:47
you know, just creating that thing
40:50
that when they see on their homepage or when
40:52
they're browsing or watch a video and then another one gets
40:54
recommended. Again, the title thumbnails
40:56
is what's important and how we get
40:58
people to click over. So I love
41:01
like and then part of me is like, wow, forty five dollars
41:03
CPM on the path Flin channel. I should do more
41:06
there, right, I like,
41:08
Man, that's such a big opportunity, but it just doesn't
41:10
light me up as much. I mean, I am putting some tutorials
41:12
in there and stuff about Canva and
41:14
descript and other tools that my audience wants to
41:16
know about. And that's cool because those those will last
41:18
for a very long time. But yeah,
41:20
the reach and the ability to have
41:23
your content be put in front of other people,
41:25
not just from search, but because YouTube
41:28
knows who the viewers are and
41:30
what kinds of things they like. That's
41:33
what you're taking advantage of and that's where YouTube can definitely
41:35
help support you. Definitely,
41:37
I could see you going full time YouTuber and so
41:39
by the way, I do want to We're definitely
41:42
gonna have to do a part two, but I think maybe on just
41:44
to touch on your your businesses and maybe how it ties
41:46
in together, because I think you actually do teach these people.
41:49
You teach your students on, you
41:51
know, how to start a business and also how to build
41:53
the you know, a podcast on a YouTube channel. Do you want
41:55
to talk about that real quick and what work towards wrapping and what
41:57
we'll figure out apart two, Yeah, for sure.
41:59
So what's beautiful
42:01
about this is I'm just walking
42:04
the walk. So the things that I teach,
42:06
I like to also do and set examples
42:08
for because it's the best way to teach. I think it inspires
42:11
people. That's what got me on the map. When
42:13
I first started at SPI was building
42:16
niche websites publicly and
42:18
not just saying like, hey, here's how you rank higher in
42:20
Google and go do those things. It's like, here,
42:22
let me go show you how this is done, and
42:25
I'll go first, you go next kind of
42:27
thing. Right, So, in this case,
42:30
the building the YouTube channel and doing
42:32
what I talk about my book Superfans and using a lot
42:34
of the strategies that I've learned over time and the mistakes
42:36
I made on my other channel. I'm like, Okay, here's how I would
42:39
build a new YouTube channel. I'm going to do it, and here it
42:41
is, and look at that. It's working. It's working
42:43
really well. So when now we can talk
42:45
about YouTube or even promote our course, it's
42:48
like that's the example that we use,
42:50
and now people can follow and not just like see
42:53
that those steps work, but also get inspired to know that,
42:55
Like I'm not just saying
42:57
things, I'm doing them too. I
42:59
always try to see where case studies might
43:01
exist to be able to support what we're teaching.
43:03
I mean, that's probably the most important thing. No
43:06
matter what platform you use to teach, if you're teaching
43:08
education, don't just like teach the
43:10
thing. Show an example, whether
43:12
it's your own or one of your better yet
43:14
one of your own students, and how they've
43:16
done the thing, because then
43:19
they look like the hero of the story and they're
43:21
going to people on the outside are going to want to go to
43:23
the same guide that they had. Akau.
43:26
So if you have any educational material,
43:29
and if you're listening to this and you have courses, you
43:31
have consultations, you do, agency
43:34
work or whatever it might be. Highlight
43:36
the hero of your client and make them
43:38
the hero of the story. How did they use your tactics,
43:41
your strategy, your service to go
43:43
from here which is where everybody
43:45
else is at on the outside of the brand, to now
43:48
here, which you can only get if you work with
43:50
us. And now that story tells a story
43:52
not just about them, but about the great
43:54
help that you have to provide them. And that's where
43:56
I think my podcasts shine more than anything.
43:59
The smart passive in compiled, I guess, because that's
44:01
been the platform to bring these stories
44:03
and to show that the teachings work. But
44:06
yeah, I mean that's how those things are connected. Everything I
44:08
do I always use as a case study. Anyway, love
44:10
it. Well, let's do a preview of kind
44:12
of maybe for the next one is what do you think is in
44:15
your future? Like the what is it? What
44:17
did the next ten five to ten years look like? For
44:19
Pat? Yeah, so I just
44:21
signed my first traditional book deal.
44:23
Probably talk more about that the next time, But it's exciting
44:26
because it's going to be expanding
44:28
outside of the realm of entrepreneurship. It will still include
44:30
that, but it's a way for me in my forties
44:32
because I turned forty very soon to understand
44:35
what my next decade is going to be like and who
44:37
am I going to be serving in that decade and what
44:39
life will be like. That life also
44:42
includes a lot of space
44:45
and time for me to ground
44:47
myself, to be at peace, to meditate.
44:50
You know, I'm talking like phishing and
44:52
really going in on that and something that's for
44:54
me because you know, as
44:56
much as I love what I do, I often
44:59
put that above myself,
45:02
which you should in many cases, but it's also
45:04
important to take care of you or else you're going to
45:06
take care of nobody. And so I've
45:08
been really focusing on finding a hobby
45:11
again, getting really into that and turning
45:13
the devices off and getting
45:15
back into nature and specifically fishing, which
45:18
I can you know, Gamify makes me excited,
45:20
and I think I'm
45:22
really trying hard not to start a YouTube channel
45:25
about fishing because
45:27
I see some opportunity in there as well. But
45:30
once I do that, it's it's now
45:32
for a different purpose. So yeah,
45:35
I love it. Man. Yeah, There's so much more to dive
45:37
in on, so everyone stay tuned for the next one.
45:39
But Pat, what's the best way for people to find out more about
45:41
you online. Yeah, so obviously we
45:43
talked a lot about deep pocket Monster. If you happen to
45:46
be a kid at heart or have a
45:48
kid and you're curious about Pokemon and how a
45:50
forty year old dude plays with cardboard
45:52
with cartoons on it and turns it into a brand
45:55
deep pocket Monster. Pocket monster
45:57
is what Pokemon is short for, and
45:59
deep because because we go deep into the
46:02
hobby and also philosophy in
46:04
a way. But also deep pockets
46:06
is a nod to you know, I have some money
46:08
and I want to share it. Smart Passive
46:10
Income podcast. If you listen to podcasts,
46:12
you're obviously listening to this one. Very easy
46:14
to go and subscribe to that one as well, So I appreciate you for
46:16
allowing me to share that. And you know everything else is
46:19
at Smartpassive Income dot com, including our communities,
46:21
and you know we're also to speak to
46:23
next time, investing heavily on SPI
46:25
on community and really
46:28
bringing the community together and future proofing
46:30
the brand and in a way even making
46:32
it not about me anymore. It's about the community
46:34
and how they can support each other. And so you
46:36
know, I'm an advisor to Circle and a
46:38
few other companies in the creator space that really focus
46:40
heavily on community, and that's kind of
46:42
our jam over there right now. Love
46:44
it all right, everyone, Pat Flynn,
46:47
Pat, thanks so much for doing this. Thanks man, I appreciate
46:49
you. We appreciate
46:51
you joining us for this session of Marketing
46:53
School. Be sure to rate, review, and
46:56
subscribe to the show and visit marketingschool
46:58
dot io for more resources based
47:00
on today's topic, as well as access
47:03
to more episodes that will help you find
47:05
true marketing success. Text
47:07
marketing School dot io until
47:09
next time. Class dismissed
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