518: My $10k Launch (and Other Projects)
The Side Hustle Show
Nick Loper
4.7 • 1.6K Ratings
🗓️ 7 July 2022
⏱️ 36 minutes
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| 0:00.0 | What's up? What's up, Nick? A little bit here. Welcome to the side hustle show because we can |
| 0:03.7 | make progress every day. Today, I'm sharing my progress report from Q2 2022. This is a little |
| 0:10.6 | behind-the-scenes look at the projects I've been working on and the results from those, |
| 0:15.1 | what's been going on in my life, some favorite new purchases, what didn't go so well, |
| 0:20.0 | as well as the best books that have found their way onto my reading list. Ready? Let's do it! |
| 0:26.0 | A lot's going on in the last few months, but perhaps the biggest change you probably noticed on |
| 0:33.2 | the podcast was shifting to two episodes a week instead of just one. This was in response to |
| 0:39.6 | what I consider the underrated entrepreneurial skill of looking around. By that, I mean, |
| 0:44.6 | paying attention to what's working for other people when I stopped to look around. I noticed |
| 0:50.5 | many, if not most, of the other top entrepreneurship podcasts were publishing two, three, four, five |
| 0:57.1 | times a week. Let's give it a shot. My hypothesis was that the overall audience size would increase, |
| 1:04.9 | but that the per episode, download numbers may decrease. That's pretty much what happened. |
| 1:10.2 | Her pod track, which is PODTRAC, a tool that I used to estimate this stuff, the estimated |
| 1:17.2 | audience size grew from 87,000 listeners in March to 104,000 listeners in May, but it came |
| 1:24.1 | at a cost of decreasing the take rate on some individual episodes 10 to 12%. By doubling the number |
| 1:30.8 | of available menu items, it makes sense. I think more listeners found an episode that appealed |
| 1:36.0 | to them and decided to check it out, but on the flip side, like when you're at a buffet with |
| 1:41.8 | tons of good stuff to choose from, it can't pick everything, so the number of listeners for each |
| 1:45.6 | individual episode is down slightly. But feedback so far on the extra Monday episodes has been good, |
| 1:52.0 | so that's encouraging. I plan to keep those going as long as I have content for them. They're usually |
| 1:56.6 | shorter, sometimes repurposed from video interviews, maybe some other YouTube content that I have, |
| 2:02.4 | and even some reruns from the side hustle show archives, because there's some gold back there |
... |
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