Being an influencer sounds great, but is it really that glamorous?
Marketplace All-in-One
Marketplace
4.5 • 1.4K Ratings
🗓️ 28 November 2023
⏱️ 9 minutes
🧾️ Download transcript
Summary
From being your own boss to doing work you actually like, the perks of influencer life have drawn in plenty of creators to an industry valued at $250 billion. Take Sid Raskind, whose goofy lifehacks have earned him millions of followers on TikTok and Instagram. Still, Yanely Espinal, host of the podcast “Financially Inclined,” told Marketplace’s Lily Jamali that younger would-be creators should understand what it takes to make it.
Transcript
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| 0:00.0 | In the influencer economy, building a following is just half the hustle. |
| 0:07.0 | From American public media, this is Marketplace Tech. |
| 0:10.0 | I'm Lily Dramale. From being your own boss to doing work you actually like, the perks of influencer life have drawn in plenty of creators to an industry valued at $250 billion. |
| 0:32.0 | Take Sid Raskind, whose goofy life hacks have earned him millions |
| 0:36.5 | of followers on Tik-talk and Instagram. Here's something I wish I knew before I was in my 30s. |
| 0:41.5 | Rocking I think vegetable back and forth |
| 0:43.6 | makes it easier to cut. |
| 0:46.0 | Rock. |
| 0:46.9 | But a following as large as SIDS |
| 0:49.0 | doesn't guarantee you can make enough |
| 0:51.2 | to quit your day job. |
| 0:53.0 | Still, younger would be creators should understand what it takes to make it, |
| 0:57.8 | says Yannelli Espinal, host of the Marketplace Podcast financially inclined.cially Enclined. |
| 1:03.0 | If they're gonna pursue it, if they're interested in it, they should be as informed as possible. |
| 1:07.8 | We should simply be exposing them to this as a possible career path and explaining to them what are the |
| 1:15.2 | advantages of this type of work what are the disadvantages what are some of |
| 1:18.8 | the successful parts of this and on the exciting parts and what are some of the challenges and the drawbacks and then |
| 1:24.8 | letting them make the most informed choice that they can about whether this is something that they would |
| 1:29.8 | like to do or not. And he had a chance to speak with content creator Sid Raskin. How does being a content creator look like for him? |
| 1:37.8 | Yeah, well he actually talks about using so many of the skills that he's been developing for many years and he kind of calls it like a day-to-day grind. |
| 1:45.7 | That's kind of what he mentioned when we spoke. |
| 1:48.1 | My day-to-day is basically answering emails, recording videos, delivering assets. |
... |
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