Podcasting's recent growth spurt has resulted in a
Evo Terra:concentration of benefits at the top.
Evo Terra:But many mid-level podcasters are seeing more opportunities.
Evo Terra:Not surprisingly, not all are worthy of a "yes."
Evo Terra:Hello, and welcome to another Podcast Pontifications with me, Evo Terra.
Evo Terra:Podcasting is growing big time.
Evo Terra:Podcast Index is tracking close to four million shows and nearly one
Evo Terra:quarter of a million of them have published episodes in the last ten days.
Evo Terra:There are more articles being written about podcasting in mainstream media,
Evo Terra:more consolidation internally is happening in podcasting, and companies outside of
Evo Terra:podcasting are investing money to get in.
Evo Terra:And that means more opportunities are abundant.
Evo Terra:And, of course, you should totally get yours by saying yes, quite a lot.
Evo Terra:But as you and your podcast and the space itself continues to mature,
Evo Terra:it's important to know when to say no.
Evo Terra:Like last week, for example, I passed on a deal.
Evo Terra:Sounded very promising, right in my wheelhouse, all the things
Evo Terra:were right, but the client had a very unrealistic timeline.
Evo Terra:Like really unrealistic timeline.
Evo Terra:So I passed.
Evo Terra:Someone else will pick it up and do it and crank something out very quick for them,
Evo Terra:but it's not the thing - it's not the type of work I want to do at that pace.
Evo Terra:It just won't be as good as it could have been.
Evo Terra:You, probably like me, have noticed that guest pitches, pitches by guests, pitches
Evo Terra:by PR companies who want to be a guest on your podcast, whether you have interviews
Evo Terra:or not, they're increasing in a big way.
Evo Terra:And what I've also noticed is that the PR people who are sending
Evo Terra:out these, "Hey, would you like to have my client on your show?"
Evo Terra:They are getting way better at inflating the guest's profile to us
Evo Terra:podcasters and also promising, you know, big, big, big promises of success.
Evo Terra:But we're not dumb.
Evo Terra:We should not be fooled by that because getting a big guest on your show in, or
Evo Terra:even deciding, yes, I don't do interviews, but I will because this big person
Evo Terra:wants to be on my show - well, remember, any big bounce you get from your guest
Evo Terra:is likely just that, it's a bounce.
Evo Terra:Not a lot of it sticks around.
Evo Terra:So make sure you're doing what's right for you.
Evo Terra:More companies are now experimenting in podcast advertising, which is
Evo Terra:benefiting podcasters at all levels.
Evo Terra:Just recently, I got a pitch for a few of the shows that I rep and I
Evo Terra:don't do that as a full-time thing.
Evo Terra:I got a pitch for, by an advertiser to put some ads on the shows I work with.
Evo Terra:And it was for an extremely niche B2B software component, which had
Evo Terra:absolutely no business being advertised on the podcast that I represent.
Evo Terra:And they wanted a host endorsement none the less!
Evo Terra:We might've considered doing it, if it was a programmatic deal, but just not worth
Evo Terra:the potential damage to the reputation of the host by recommending something
Evo Terra:that clearly they've never ever used.
Evo Terra:And I don't want future campaigns to perform less well because
Evo Terra:we took one single opportunity.
Evo Terra:Conferences and workshops are just flying into podcasting now, and they're
Evo Terra:all looking for people to present.
Evo Terra:And I won't disagree being in a workshop or at a conference presenting there
Evo Terra:is a great way to boost your profile.
Evo Terra:But that's also an unfortunate way to be guilty by association.
Evo Terra:How much vetting can you do for these people that want you to speak at
Evo Terra:their event and deliver a workshop?
Evo Terra:I'm sure you're going to do a great job, but what about everybody else?
Evo Terra:What's the underlying motive?
Evo Terra:What's the makeup of the people who were there and how will that look?
Evo Terra:More importantly, how full is your calendar right now?
Evo Terra:Can you fit it?
Evo Terra:Maybe not.
Evo Terra:Collaboration efforts are also increasing.
Evo Terra:People want to do more stuff.
Evo Terra:Now, generally speaking, as you know, I'm a big fan of collaboration.
Evo Terra:I suggest it at the end almost every time at the end of the show I say, get with
Evo Terra:another podcaster and talk about this.
Evo Terra:And I want you to do that.
Evo Terra:But I also understand that really can stretch you and me
Evo Terra:and everybody way too thin.
Evo Terra:Or you may find that the collaboratives you're working with
Evo Terra:or want to work with they have a different energy level than you.
Evo Terra:Maybe more, maybe less.
Evo Terra:And if they have more than you, do you want to be that guy who stands
Evo Terra:up with his hands in his pocket during the group presentation?
Evo Terra:Probably not.
Evo Terra:Now, you may find this odd coming from me, the dude who preaches
Evo Terra:the gospel, approaching podcasting with an abundance mindset.
Evo Terra:But weirdly I think this idea of saying no actually plays into that.
Evo Terra:If you treat these opportunities, or so-called opportunities, that
Evo Terra:come to you as abundant assets, not scarce ones, then you start to look
Evo Terra:at these opportunities differently.
Evo Terra:Yes, by all means you should examine the opportunity.
Evo Terra:Take a few minutes to read the email and see if it's right.
Evo Terra:But don't worry about giving it a pass if it's not ideal for you.
Evo Terra:Because you have an abundance mindset, that means another deal will come
Evo Terra:along presently, and if anything continues the way it's been tracking
Evo Terra:right now, much more frequently.
Evo Terra:Next week is the final four episodes of Podcast Pontifications Season Three.
Evo Terra:Wow.
Evo Terra:Also next week, people who have subscribed to Podcast Pontifications
Evo Terra:in your inbox - that's the newsletter I send out every day - are going to get a
Evo Terra:sneak peek of some season four changes.
Evo Terra:Oh, also, I'm just a handful of subscribers away from the
Evo Terra:magical 300 subscriber members.
Evo Terra:Oooh!
Evo Terra:So, I'd love to see a tick to that number by the time I go
Evo Terra:on break at the end of May.
Evo Terra:So, again, PodcastPontifications.com and enter in your email address
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Evo Terra:I also appreciate all of the new people who have purchased a membership
Evo Terra:at buymeacoffee.com/EvoTerra.
Evo Terra:Membership just means I get a recurrent coffee from them every single month.
Evo Terra:If you'd like to do that as well, I'd certainly be grateful.
Evo Terra:As you know, there are no episodes from me about Podcast Pontifications on Fridays.
Evo Terra:Not yet, at least.
Evo Terra:So enjoy your weekend.
Evo Terra:I shall be back on Monday with yet another Podcast Pontifications.