641: Starting Over? Podcasting, Newsletters, Competing in a “No Click” World, and more (10 Questions with Nick) - podcast episode cover

641: Starting Over? Podcasting, Newsletters, Competing in a “No Click” World, and more (10 Questions with Nick)

Nov 18, 202440 minEp. 641
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Episode description

It’s time once again to dive into the ol’ listener mailbag and answer a few questions in this week’s edition of The Side Hustle Show. I’ve had quite a few interesting questions come in since the last Q&A episode, and picked 10 to talk through in today’s show. Click here to join Side Hustle Nation for free! We're covering everything from building audiences in today's digital landscape and even how to compete in what some are calling a "no-click world. This is the 17th installment of this series, so feel free to check out the older ones: 616: Lifestyle Creep, Luck, and Why Every Podcast Guest Has an Online Course: Q&A w/ Nick 585: Giving Away Ideas, Getting Great Guests, Growing Your Business, and More: 20 Questions With Nick 556: Pricing, Podcasting, Permission to Quit, and More: 20 Questions with Nick 498: Profitable Podcasting, Getting Clients, and $50k/mo in Passive Income: 20 Questions with Nick 451: Affiliate Marketing, Early Retirement, and Side Hustle Shifts Over 8 Years of Podcasting: 20 Questions with Nick 431: Fear of Selling, Protecting Ideas, Podcasting and More 412: Side Hustle Ethics, Charging Your Friends, the Side Hustles I’m Most Excited About, and More 365: Market Saturation, Mind Mapping, Miracle Mornings, and More 346: The Con of the Side Hustle, Beanie Babies, Affiliate Marketing, and More 320: Multiplying Money, Morning Routines, and $100k Side Hustles 291: Email, Ebooks, Platforms, and Conferences 271: Brilliant Blogging, Ruthless Productivity, and Guaranteed Success 245: Network Marketing, Imposter Syndrome, My Side Hustle Mistakes, and More 219: Growing Traffic, Monetization, List-Building, a Day in the Life, and More 198: Blogging, Branding, Book Writing, and Finding the Right Side Hustle for You 181: SEO, Affiliate Marketing, Self-Publishing, Udemy, and More Plus, I'll share what keeps drawing me back year after year at FinCon. Let's dive in! Full Show Notes: Starting Over? Podcasting, Newsletters, Competing in a “No Click” World, and more (10 Questions with Nick) New to the Show? Get your personalized money-making playlist here! Sponsors: Found — Stop getting lost in countless finance apps and try Found for free! Indeed — Start hiring NOW with a $75 sponsored job credit to upgrade your job post! Mint Mobile — Cut your wireless bill to $15 a month! Airbnb — Discover unique stays and unforgettable experiences – find your dream getaway today!

Transcript

Starting over, we're talking podcasting, Newsletters, how to compete in a “No Click‐ World, and lots more. What's up, what's up, Nick? Oh, Loper here. Welcome to The Side Hustle Show, because, make an extra money, never goes out of style. Would I have an into the listener mailbag this week to answer your burning, Side Hustle Questions, starting with Gary, who asks, starting over, how would you grow an audience today?

Is it too late to start a podcast, and how long did it take to start making money from the show? So I still think podcasting is a viable path to building an audience, and it's a really valuable one. There is something to the consistency and convenience and depth of relationship with it.

For as a listener, I get used to hearing the same voices week after week, and I can do it while I'm driving, while I'm walking to pick up the kids, while I'm working out, there's a certain level of intimacy to that, and while there are certainly more podcast, greater competition, and truthfully better competition, level of production, all that jazz, then there was, 10-11 years ago. The world is only as saturated as you make it.

I remember Jonathan Mintanza on the show from Shoes F.I. years ago, he said, look, if you can't be first, be different, right? So they weren't the first personal finance podcast, but they were the first personal finance podcast focused on the fire movement. So you probably can't be first anymore, but you can still be different. This is from episode 436 with John Lee Dumas. Is there such thing as being too niche?

I've seen some successful podcasts we had a guest on recently who had a laundromat podcast, how to run a laundromat business, and he was like, it's done surprisingly well, and I said, well, why do you say surprisingly? And he's like, because it's a laundromat podcast, but you're just seeing anything where it's like, I don't know if that's a big enough market to try and serve. It is impossible, and I mean impossible to be too niche.

People always go the other way because they're scared, they're fearful, they have their own self-doubt, and they think, I just need to be able to serve everybody. I want to resonate with everybody. I want to just create a podcast that just inspires other people to inspire other people to inspire other people. And that fails because that is a weak pale imitation of other successful podcasts that are out there that are actually doing something specific. And that's why people lose.

Why people win is because they say, I'm going to create the best solution to a real problem. I flip in love that laundromat podcast idea because guess what? He is the best laundromat podcast in the world. He's also the worst. He's the only. And that's why you win in this world because you become the best. However that is, if that takes you being the only to be the best, that's giving you a chance to win because people

will beat a path to your doorstep if you're number one. If you're number two, if you're number 10, if you're number 200, you will lose. Yeah, where can you be the only? That was a line that stood out to me from the book. I was like, hey, when you started, you know, fire, I was the best daily interview podcast for entrepreneurs. I was the worst daily interview podcast for entrepreneurs. I was the only. And that's an interesting place to play.

And you might be thinking, well, that's easy for John to say. He started in 2012, but I would start with getting really clear on what niche I'm going to serve, who my ideal listener is going to be. And what's the best way to speak to them? What kind of content are they really going to value? Now, early on, I set out to create the show that I wanted to hear, look realistic ways to make money ideas. You can start in your spare time light

on the theory, heavy on the tactics. Now, marketing wise, it's still the game. And whether this is a podcast or whether whatever thing you're building, it's still a game of getting in front of your ideal listeners, readers, viewers, customers, clients, right? Where they already are. Maybe it's on Instagram. Maybe it's on other podcasts. Maybe it's on LinkedIn. Maybe it's on YouTube because of the friction involved specific to podcasting. I mean, I got

to go find my podcast app. I got to find your show. I got to find the specific episode you're talking about. And then I got to find the time to listen to it. It is a really challenging medium to grow, but super, super worthwhile and rewarding to do it. One of the accidental growth tactics that worked for me was becoming known as the side hustle

guy in the personal finance space. And I got to give credit to Philip Taylor, the founder of FinCon, for pulling me into that world where everybody was talking about investing and saving money and paying off debt. And initially, I was like, I don't know. I'm talking about

entrepreneurship. I'm not in the personal finance world. And it took a while to see that well, earning extra money is a natural extension of that more traditional personal finance content, which led me to guessing on a lot of those types of podcasts and growing listenership for the side hustle show. So the question could be, well, what other shows have an audience that would be receptive to your message? And how can you be of service

to those hosts? And if you're going to focus on video first, you've got much better search and discoverability on YouTube than you do on most podcast apps. Plus, you have the added benefit of YouTube as this recommendation engine, where if people like your content, the algorithm is likely to show it to other people that it thinks will like it as well. So I'm always trying to step up our video game while staying true to the remote recording

lifestyle. Talk to some people at FinCon. I can, oh, I almost exclusively record in Studio Eamperson in New York. And it's like, I just like staying at home. I mean, that's great for you. But you know, that's just the logistics involved. It's, that's not for me. Now within the first year, you asked about the monetization side of things. I started selling a private mastermind group through the podcast and through the, you know, modest

700 person email list at that time. It was the, you know, huge price tag of a hundred bucks a month for three months. But when those first applications started to come in, it was a really exciting validation that this could be a thing that people were willing to pay to connect with me and with their fellow side hustlers. I don't think I would have gotten any applications had enough in for the relationship formed with those early listeners through the

podcast. And as far as sponsorships, the show started to attract more serious sponsorship dollars around year three and has continued to see pretty strong demand ever since with some sponsors sticking around for years in some cases, which is really rewarding to see. Now I've got to turn down more sponsorship requests than we can accept because it's either not a great fit for the audience or it's not a brand I've used or could see myself

using. But Gary, thanks for that question. It's a little bit of a, of a brain dump on how I would think about growing a podcast starting over today. Question two came from Kathy who says, I don't have any online presence yet. But I'm wondering would it be worth why I have to start a blog or YouTube channel for example, personal finance and lifestyle, but targeting the Australian audience because everything is pretty much written for US readers.

I'm pretty good with words. I just don't know where to start overwhelmed with information. I'm 50 years old trying to restart my career. Okay, Kathy, I love this question. Personal finance and lifestyle for an Australian audience is probably a bit too broad. Even personal finance for Australian women is probably a little bit broad, but it could work. So even better might be helping Australian women over 50 prepare for retirement in the sense of personal

finance and lifestyle. Like that could check the personal finance and lifestyle components to really set people up for a fulfilling retirement or a second act. Now building traffic to a blog is more challenging than ever. But that doesn't mean you shouldn't neglect having a website. I still think it's really important to have that as a home base. But similar to the first question, my efforts on building content and connecting with other

people would be on other channels to start out, right? Maybe that's YouTube, maybe that's LinkedIn or X or threads or Instagram. And since you enjoy writing, there are lots of content first or written first content channels that are less follower based than ever and more algorithm based, which is helpful for new people starting out. It's not that you don't

need to have 100,000 subscribers. If you have a small but engaged following early on, it means your work can get seen by a lot more people than just those who follow you if it resonates against starts to get picked up by the algorithm. So I would probably pick one platform. Let's say LinkedIn and really focus my efforts there, learn the best practices, start to build a following and start to have those one on one conversations with those

followers on their biggest pain points and struggles. Those are going to guide future content, but also what kind of products or services that you eventually create to serve them. This is question three. Brittany says she started a free email newsletter for artists in Southern California. And in three months, I've grown it to 4500 subscribers with a 65%

open rate. My current obstacle, I want to start monetizing the newsletter. My problem is I have no idea what a reasonable price is to charge sponsors or even how to approach potential sponsors. So first off, Brittany, incredible work. That's some really positive early traction. 4500 subscribers in three months. It took me probably over a year like to

get that many. So really cool work. And I really like the local niche angle here. So newsletter ads typically sold on a CPM basis is cost per thousand impressions, occasionally on I cost per click basis. And that's some platforms will have to do that. But really the rates can really vary depending on your niche. So you've got a newsletter targeting exclusively hedge fund managers or Fortune 500 C suite executives. You probably are going to command

higher rates than one targeting broke college students just as one example. Now you could even begin with experimenting by including affiliate links to products that you like. And here's how Ryan Sten described his advertising options for nap town scoop. This is his local newsletter focused on Annapolis, Maryland. And this clip is from episode 615 of the side hustle show. Like here is how you have it priced today. I think you mentioned we have five

different ads slots per day. I guess probably based on placement and visibility and structure of those ads. Yeah. So three different kinds. The bottom kind has three each day. So top one has your logo at the top a picture up to 150 words. It's the first ad. Unless we have a headline story. It's the first thing in the newsletter. So probably about 60% of the time it's the top thing. Anybody sees then in the middle we call it a feature ad.

And then as 100 words of photo and that's right in the middle. And then right near our live music section at the bottom which is our most popular thing. We have three ads we call baseline which are text only 70 words and headline and a link that everybody all these can be linked. It's funny now at the beginning. Those ads I saw that web design guy were headline ads or what a very early version of those and it was $500 for six of them. Now an individual

headline ad if anybody wants to buy one is $812.50. And it goes down with volume. If you're going to buy 12 then that unit cost goes down. If you're going to buy 24 that unit cost goes down. If you're going to go by 48 be crazy and spread those over the next two years that unit cost will go down or we have two advertisers that do do that every single week. They just pay a lot of money. But the prices are very very different from when we first started.

Everything is really just pulling out of thin air. I just how much does it cost $500 for six ads. Everything was just thrown out. Is there a rule of thumb for ex price based on every thousand subscribers or something like that? I heard a rumor back in the day that Morning Brew was charging $70 per thousand. And so I kind of roughly based it on that. And it's actually still kind of around there our top ad. It's like very loosely based on that

or I don't think it's loosely based on that anymore. Maybe it's just worked out that way that it's still on there. Once it started stabilizing I used to change prices every week because we'd be adding hundreds of subscribers every week. And I'll be like I just sold that to you for 200 bucks for 800 subscribers. Had a really good run of Facebook ads. And now we have 1600. I'm not going to charge $200 again. So I would change it every single week. Then I started changing it. I think

like every month and then it was every couple months. And now I just changed it every year. And it's not on any kind of we have this many more subscribers. It should be this much more. Now I just basically up it on inventory. If we sell out then it's like we sell out really easily. I know it's too low. If it's harder, but we still sell out I'm like, okay, we could do a little bump. If we're not selling it all, thankfully this hasn't happened yet. Then maybe we stay the

same or even worse go lower. Now it's not really based on any kind of formula. It's just based on feel of oh, last year we sold all these way too easily. Okay, we'll double the price. And then we sold them all out again. But it took a longer. It was like, okay, cool. That's probably a good number. Well, that was two years ago. We doubled it. Last year we just went up by I think it was 20 percent. This year probably just go up by 10 percent and maybe stabilize somewhere around there

and just upgrade the prices every year by 8 to 10 percent. Is it most common to sell like a multi-month package like when you're going to be featured eight times over the next three months? Like is that how it's typically structured? I like to sell long packages. We have people who sign on to be on there every other week for two years. We have people who are on there every other week for one year. We have some people who are just pretty seasonal, but they're on for the

same six months and they'll sign two year deals for those six months. I just like that because it's easier. And also it ups your average client value. There's a I can't say too much about this, but there's a website that I want to buy right now because I think I can do a lot better. I think it's a great opportunity. And their average they have way way more visibility than I do way more impressions way more unique. But their average customer value is like one fifth of mine, which is

why I think I can buy it and do really well with it. But I'm just always trying to increase that. I have a dentist client right now who's on just once a month and our standard is really twice a month. So they're on once a month, but they've been killing it. They've been doing really well with it. So rather than trying to go sell a new client, it's way easier to just sell someone who's already

selling with you and increase that customer value. Increase their frequency. Yeah. I went to them and said, Hey, do you guys it's been working out pretty well once a month and a juice it and you get a better unit rate and you'll be in there more and you've already made your money back. And then that lot because I know you told me how many clients you got and I'm kind of guessing what your average customer value is worth based on industry comparisons and I think I'm probably

pretty close. And so it's just way easier to make those sales than they go out and cold call new person and get a new one. So I'm always trying to increase customer value. And one way to do that is just raise prices every year and nobody has ever canceled because of the increase. And for Ryan, he also mentioned including a little sponsor, this newsletter link at the bottom of every edition. Something that would be pretty easy to add if you don't have that in there already.

And then aside from that, a lot of community outbound say-hels to try and drive long-term partnerships. The other thing that he mentioned that might be worth considering is offering what he called category exclusivity. Like we can only accept one real estate agent at a time and we would love for that to be you. Again, episode 615 in your archives all about growing and monetizing

a local newsletter. Really cool episode. I'm going to be back with more Q&A on marketing, monetization and the death of the click right after this. When you're hiring, it feels amazing to finally close out a job search and hit the ground running with your new hire. But what if you could get rid of the search part and just get matched with qualified candidates? Well, now you can with our sponsor indeed. It's simple. If you need the hire,

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the better it gets. And how about this side hustle show listeners get a $75 sponsored job credit to get your jobs more visibility at indeed.com slash side hustle show. Just go to indeed.com slash side hustle show right now and support our show by saying you heard about indeed on this podcast. Indeed.com slash side hustle show terms and conditions apply need to hire you need indeed. What if you no longer needed five separate apps for your business bank account expense tracking,

invoicing contractor payments and tax planning. I'm excited to partner with our new sponsor found for this episode because found is business banking designed specifically for side hustlers, solopreneurs and small business owners like you under the hood. You'll find one easy to use app to help manage your money, track your spending, invoice clients and even handle your taxes.

So you can focus on more important things like running your business. There's no minimum balances, there's no account maintenance fees and there's no paperwork or credit checks when you sign up. One cool feature found calls in pockets lets you allocate income to certain categories like marketing or taxes or profit, which is really handy if you want to practice the profit first methodology, but you really don't want to set up a bunch of different accounts over 500,000

small business owners like you chose found as their banking solution. So stop getting lost in countless finance apps and try found for free at found.com slash side hustle. Sign up for found for free today at f o u n d dot com slash side hustle. Found is a financial technology company, not a bank banking services are provided by puremont bank member f d i c. Found's core features are free. They also offer an optional paid product found plus. Question four is from Dustin who

asked, hey, I'm looking at starting a consulting business. I want to register a domain so I can have a professional email. What's the best place to do that? I might make a very simple website in the future, but no time soon. Basically looking for a good email service and something that I can utilize maybe with Gmail or on my phone. Well, Dustin, I think this is a pretty small investment

for that little bump up in perceived value. So you're on the right track here. So to better explain what Dustin is talking about, it would be like having an email address like Dustin at smartconsultinggroup.com as opposed to smart consulting group at Gmail.com. It makes you look more legit, especially if you're

targeting a customer base who would notice that sort of thing. And for more, you know, quote, unquote, blue collar operations, I probably wouldn't let that be a barrier to you getting started. Like nicks gutter cleaning at Gmail.com would probably work just fine over nicks at nicks guttercleaning.com. Now I still prefer the second one, but my customers probably don't care. They just want their gutter

clean, right? So the first step here would be to register the domain. You can get that through any domain registrar and go daddy. Pork bun is the one I've been using lately. No affiliation there. It's just, you know, I like the service. And you can get email service either as an add-on to that domain registration. Or if you, like I said, you eventually want to build out that website. Some hosts are going to include it in their hosting package. You can get a free domain with hosting registration

at Bluehost. We've got an affiliate link for that. But if you don't want to build that website, yet you can just register the domain. You can add on email. I think pork bun charges something like 24 bucks a year for that. Now the caution is, if you email me from Dustin at smartconsultinggroup.com, I'm likely to go to smartconsultinggroup.com just to check out your website. So even building out that simple placeholder brochure style website could be beneficial. But of course,

my online behavior might not be like your target customers. And then I think there's, you can probably do like six bucks a month for Google business suite to have, you know, that domain or that email inside of the familiar Gmail interface. Now I just set up my site oscillation email to forward to my personal Gmail inbox early on. And it actually never changed that.

So that's another option as well. Question five was from Patricia who asked, is there anywhere on your site that covers ideas that disabled people or people with mobility restrictions can do? So Patricia, at the moment, there is not, though it is on our keyword list

of future content to create. And actually what I kind of want to do is the, you every side hustle ever, like air table database where you could filter by the time required, the earnings potential, whether it's online, whether it's in person, I think that would be a fun project to try and build out. But like, again, another one that's kind of daunting to get off the ground. But in the meantime, just think about any remote or online side hustle. I think it can be done by somebody with mobility

restrictions. And we do have several resources on those on the site that I can link up in the show notes. Just follow the show notes link in the episode description. It'll get you right over there. So ideas might include virtual freelancing, virtual consulting, anything you can do over the internet, virtual assistant service, content creation business, digital products, print on demand, proofreading, freelance writing, paid market research. Lots of options there. A one famous

example in the blogging world and in the online business world is John Marrow. He runs a site called smartblogger.com, paralyzed from the neck down from birth with spinal muscular atrophy and still went on to build a super successful online business, earning $15 million. According to a recent LinkedIn

post of his, he uses speech dictation like speech to text, dragon dictation, I think. He's got a special computer mouse that he operates with his lips, really inspiring guy instead of focusing on the things he can't do. He focused on what he could do. And he's helped a lot of people in the process. SmartBlogger.com is his site and really inspired by what John has created and the impact that he's had.

Question six came in from Ruth who asked, I'm struggling to launch my small sewing classes for kids. I run them out of my home. I've advertised on peach jar and my local Facebook pages. Does anyone have any suggestions for me? Oh, Ruth, this sounds like a really cool cute side hustle. And to market it, I think you're on the right track with local Facebook pages and maybe even local parenting pages, school groups or home school groups. We just did a local workshops episode, Chloe Winstanley. It's

episode six, 34. She was hosting jewelry making workshops. Definitely worth a listen if you miss that one. And her business was a little bit different because she's targeting adults and she would go to a community center venue, not, not try and run those out of her home. But she mentioned having success marketing on Facebook and how one ticket sale in her case often led to three or four ticket sales because people would want to come with their friends. So maybe testing with a limited

ad budget might be worthwhile. Now a few other people in the side hustle nation Facebook group mentioned targeting home school parents, which I think is a really good fit and also a tight-knit community where you might start to see some word amount benefit. Now to go a little bit broader, this reminds me a little of the after school programs episode we did a few years ago, where my guest may got approved by her local school district to host these after school arts

and crafts enrichment sessions. That is episode 289 in your archives, a little, you know, a long way to scroll to get down to that one. But definitely worth a listen if you're into that sort of thing. It was a multi-week class when the parents would pay, you know, $150 bucks and she could take 15 to 20 kids at a time. So the effective hourly rate ended up being really strong. And if she did Mondays at one school, she could do Tuesdays at another school, Wednesdays at another school,

and really only have a couple hours a day of work. So that could be an interesting option for you. And a lot of these schools already had an approval process in place where they were already hosting like the Lego after school program or the chest after school program. And so it was kind of like throwing your name in the hat there and following their guidelines. And one final idea, like some people mentioned in the Facebook group as well, is to take the sewing class and put it

up on out school. This is a platform that specializes in small, safe online group classes for kids. That's your target audience, right? The biggest benefit is you'd open up your market from just your local area. I don't know how big a town that you're in to being able to serve kids from all over the world. This would be the buy buttons strategy of going where the cash is already flowing to tap into some existing demand rather than trying to create it from scratch in your local area. Outschool

has millions of users, I think would be perfect for something like this. I definitely encourage you to check out the episodes we've done on outschool starting with Teacher Jade in episode 442, but we'll link all of those up in the show notes for you. For question seven, Chris says, my wife and I have been podcasting since 2018 in the special needs parenting niche. We've built up an audience, but we haven't made any money. We're considering creating an online program to better serve

our listeners. Of course, I admire the longevity of sticking with the show that long, and even if the financial rewards haven't been there, I know. Creating the content and building connections with listeners has been really rewarding for you. The first thing that comes to mind in this case is to simply bring your listeners into a supportive community. Similar to what Megan Champion did for her podcast, also in the parenting niche. Her show is called On the Hard Days. Here's how she described

creating and structuring that membership in episode 524. It turns out there is no community for mothers raising neurodivergent kids out there. There are specific things, kids' moms of kids with autism, for example, there are little niche things, but just in general, parents who don't have a diagnosis for their kids, but they are really struggling internally with their child's behaviors

and challenges and struggles. There is no place for them to gather and meet each other. That's where my membership community was born, and it's called Mother's Together, and it has completely changed my life and the trajectory of my business. Let's talk about that membership. That's great. It's something that, looking out in the world, that this is the thing that I wish existed. It doesn't. So I'm going to be the one to build it. By the way, for the last year I've been building this

for the last six months. I've been building this network through one-on-one conversations, and then one-to-many conversations through the podcast. You said, okay, we're going to build this thing called Mother's Together. What happens, I guess, inside? What's the value proposition for a mom saying, yes, I want to join? Yeah, absolutely. In mothers together, it is a monthly membership. It is a support group style membership. They basically get three pieces. There is a forum,

first of all, that I created in this off-of-social media. It's not on Facebook. It has its own app. It's the Mighty Networks company. It's awesome. It has its own app. On this forum, moms can, ask questions, ask for advice, share resources, and it's by category, which makes it sort of stand out from maybe Facebook, for example. People can search by age of child to connect with other moms of teenagers who are neurodivergent. They can search by location if they want to find moms who might

be living near them that they wouldn't know about. By diagnosis, by behavior, by, there's a million different ways, right? So they can connect in the forum, but that's not my big selling point. That's just sort of a little extra. The main piece of mothers together is the support group part. And so what happens is, when a mom signs up, I send out a follow-up email with some questions, where do you live, how old is your child, and most importantly, what do you, the mom, what do you

need, what are you looking for for support? What are you not getting right now that you wish you could have? And I will take her information and I will personally match her with other moms going through a similar experience. So it's basically like I'm personalizing these groups of moms based on the needs of moms. Yeah, it is like a support group. On the one hand, you know, we do try to meet

on Zoom weekly, that sort of thing, but it's way more than a support group. We found out very early on that the moms were so over the moon excited to have met each other and connected on that personal level that at once a week meeting was not nearly going to cut it. And so we decided we need something a little different. We're using mostly the Marco Polo video messaging app. There's text threads and the forum has a chat feature, but mostly Marco Polo to check in with each other

in our little groups constantly, daily, sometimes multiple times a day. How was that doctor's appointment? You had jump on and let us know we're here for you. We're thinking of you. I had a really tough morning. I need to then what would you guys do in this situation? It's personal. These are friends. You know, there's no judgment. This is a completely safe space to share what you're struggling with because everybody in your group is going through the same thing. And so there's really a magic in

that and that community piece. And I have obviously had some success, which I'm so grateful for, because the moms are so thrilled to have found each other. And it's really awesome. Yeah, this is actually having an interesting one because typically a membership business is going to be, you know, content plus community. And I haven't heard you say anything really about content and advice and lessons. Like, I don't want to support about support and acknowledgement.

And just like he said, venting early on, it just needs somebody to listen versus, you know, preaching from on high. It's a little bit different from some of the other membership guests that we've had on. I was, you know, content plus community chair. There's a forum, but it's like it's more about access to, you know, expert material and stuff like behind the scenes type of stuff. And then this personal matching service, you know, the somewhat, maybe common in the entrepreneurship

space. Oh, we're going to form these like little mini mastermind groups or, you know, so call it based on interests or location or what, you know, what business you're working on. But kind of similar here, you know, based on the age of the kids, what you're struggling with, maybe where you're located geographically. And it's kind of, is that, am I understanding kind of the structure of what happens behind the paywall? Yeah, yeah, pretty much. We do have one additional little bonus

where I do bring on a guest expert once a month and we do a live Q&A on Zoom. So there's that little bit of advice piece, content piece. Mostly the content on the forum is created by the members, right? So I am not pushing forward. Here are some great recipes for picky eaters. Here are some sensory activities for sensory sensitive kids. I'm not doing that. We are doing that. It's their

membership as much as it is mine. And so if somebody has a great idea or something that's worked in their home, they will push it, you know, push it out into the forum in different categories for the other moms. And so it's kind of like we're all building this plane as we fly it together. And that's kind, that togetherness piece is is where the, I think, the magic happens. Again, that was Megan champion from episode five at 24 of the side hustle show in the on the hard days podcast.

Question eight is how to compete in a no click world. So this comes from several listeners dealing with the fallout of lots of Google updates over the course of the last 12 months. So Rand Fishkin, informally of mods, you know, he posted this really thoughtful article last week, which he opened by saying surveys, studies, analytics, they all show the same thing. Getting traffic on the web is harder than ever. And it's getting worse much faster in the last two years than in the decade

before site owners are faced with two options. Compete for the scraps, Google and the other platforms provide or play the game differently by engaging in zero click answers, content and influence. So what does it mean to become a center of influence? The downside is it's obviously more work than just anonymously cranking out SEO content for Google and cash in on ad revenue and affiliate

commissions. It means creating a multi platform presence with the goal of owning your topic wherever somebody might be looking for it, whether that's Amazon, whether that's TikTok, whether that's Facebook, LinkedIn, Instagram, wherever. Now I wouldn't start by trying to be everywhere at once. I would take Robert Farrington's advice from a couple years ago on the show where he said, pick two, one is gotta be your website, your email list, as your home base, something that you have

control over. And then next, start with one external platform where your target customer is, and you can learn to play the game and build that trust and influence. Here's how Kellen Klein from the savvy couple put it in episode 605. You have to build a brand, something that mean you've done a really good job of where people are actually going out and searching our brand and they're

going into Google and they're giving that signal that people are searching for our brand. So I think a lot of the times 80, 20, well, I think 80% of the sites that have built a really good brand and they are publishing good high quality content all the time. I think they are definitely riding the wave and they're staying above these updates and the companies that are more niche sites and they're not really building an entire brand with social media and with an email list and with a YouTube

channel. I think that those are the ones that really got hit. Specifically ones that were just publishing a ton of AI content and not having any expertise or different sharing their experience or authority or trust within their articles and making them better than the next one. I think that's super important to really understand the user's intent when they're going to search these terms and solving it the best way possible. The drawback I see to a social first approach is

this age old problem of building on borrowed land. You're still subject to the whims of social media algorithm changes and yet you can roll with those and adapt like we all have to do. But the real key is to bring people into something you have more control over. Namely your email list which is why you see so many Twitter threads or LinkedIn posts that end with that call to action. If you like this make sure to grab your free bonus. If you like this,

here's the template to help you do it on your own. If you found this helpful I share a story just like it every week of my newsletter. Sign up here. Now I recently hit 20 years in online business which hopefully makes me sound older than I am but truthfully over that time the only constant is change. Tactics don't stay the same for long but the broader strategies of serving your audience of diversifying traffic and income sources of building your own email or customer list.

Those have stood the test of time and have to imagine will continue to do so. I recently had the opportunity to hear from Joe Dacina. He is the founder of Spartan Race. He came and we hung out of this recent mastermind event where he was like come by we'll do this early morning workout with Joe and he's the founder of Spartan Race. That's all I know going into it. I'm like how muddy are we going to get like what kind of workout does this guy have in store for us and I was like well it was

climbing staircases and doing burpees. It was not that bad but as he was talking to us a sound bite that stood out for me was if you want to win at marketing today you have to be everywhere all at once all the time and if you have the time and energy and team and budget to do that go for it but I think that puts a lot of unnecessary pressure on new entrepreneurs. Instead I think you can pick a lane that suits you and suits your audience get it firing and then layer on additional

channels as you go not all at once. The sound bite from Joe that I did really like though was the couch kills more people than swimming with sharks. Get started, stay started and the quote is not necessarily about the couch or swimming with sharks but that one I really did like. Question 9 asks

can you really get paid to be an online friend. So a little bit of background this question comes from the popularity of a site called Rentafrend which had a viral moment a few years ago almost purely from the novelty of it like wait you can really be a friend for hire number one and then number two people are really paying for friends so the short answer is yes this is something that you can make money doing and there are a few sites that facilitate this type of relationship.

Sometimes online put more often in person like for local travel recommendations and companionship while you're in a new city. The longer answer is your odds of making money as a general online friend are probably pretty low. It's really hard to find success stories of people actually making money on these sites and based on the you know estimated traffic data I could find from HREVs and others. It looks like the supply of available friends the people wanting to make money far outstrips the

demand of people looking to hire an online friend. Now that said we are more connected than ever before but there's also data to suggest we're lonelier and more isolated than we've ever been as well. So there's definitely a need for connection and companionship you just might need to get a little more niche and a little more creative in how you're providing it maybe it is teaching English lessons online maybe it is providing customer support online. One of my favorite examples

is Devon Ricks from misdevin.com. We've done a couple episodes on her out-school side hustle of hanging out and playing video games with kids. Most recently she was on episode 611. I started teaching for outschool.com and started by teaching English creative writing classes

but I've always loved video games so I just put my video game twist on it. We would do descriptive writing but Zelda or like punctuation but Pokemon and then my students just kept asking me for more classes on how to play the video games or help them with places where they were stuck and so I started creating social clubs where kids could come and game in a safe online space together and it just continued to grow and continued to grow and when you and I connected like you said I was making

around 4,000 a month and since then I have hired on 14 teachers to teach with me and last year we broke 6 figures. Devon is someone who legitimately is getting paid to be an online friend. Super inspiring and fun business again 611 if you want to check that one out and learn more but a creative example of making money and it's just a little more niche than just offering up an ear to listen to in a face on a webcam on some of these other virtual friend type of websites.

Question 10 this came up a bunch of times on my recent trip to Fincon. People asked what keeps you coming back here and what's next what are you working on so super blessed to have a network of incredible friends and peers and colleagues it's the people that keeps me coming back to Fincon. This was my 9th year in person and it is my once a year chance to have a density of conversations

packed into just a few days that is unlike anything else for the rest of the year. It's kind of hard to describe but because everyone has the shared experience of trying to build something online and spread a positive message online you really quickly get beyond the cursory small talk of work

and weather and family and what new Netflix shows you're into and into the world of goals and visions and challenges and obstacles and big ideas and I would challenge you to take stock of some of your recent friend conversations and ask whether they're in category one the more cursory

small talk category or category two the deeper more meaningful variety there's definitely a place for both but the challenges to surround yourself with more people with whom you can have the second type of conversation and have it not be weird but that's the but it's that in the creative energy

that comes from it that keeps me coming back where people are really open about sharing what's working what's not working what new tools and tactics they're using that I always walk away with more ideas than I truthfully know what to do with it to be fair you might have to try several

different events or groups before you find your people I went to a bunch of affiliate conferences early on and never quite found that same level of connection now as far as what's next what are you working on I'm reminded of a line from Joe from stacking Benjamin's from a talk that he did

years ago he said look I'm embarrassed by the work I did a year ago and a year from now I hope to be embarrassed by the work I'm doing today it was this call to keep getting better and you can see it Joe just talk about a guy who loves his craft I don't know whether at 1500 1600 episodes of stacking

Benjamin's and just an incredible job with with what they've done and what they built I was at a mastermind event earlier in the year and my friend Chandler Bolt Chandler runs self publishing.com you always like always get the question what's next what are you working on and he's like the same

just more and better and I was like that really really resonated with me there's there's always this pressure to be working on the next big thing but it's okay if the current thing is working and you're happy doing it that's okay too so the same just more and better I mean this show is

where I love spending my time and the creative constraint that comes with a publishing deadline of every Thursday and every other Monday hey look we gotta come up with something compelling to publish now I left Fincon I left the event super grateful to still get to play the game to have

been going to those things for nine or ten years to be able to get paid to do work I love I couldn't do it without your support so thank you so much for tuning in whether you're a first-time listener or a long-time listener so what's next it's continuing to do my best to help people find legit

ways to make more money it's falling in love with that problem right so big thanks to everyone who submitted questions this week big thanks to our sponsors for helping make this content free for everyone as always you can hit up side hustle nation dot com slash deals for all the latest

offers from our sponsors in one place thank you for supporting the advertisers that support the show that is it for me thank you so much for tuning in until next time let's go out there and make something happen and I'll catch you in the next edition of the side hustle show hustle on

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