Is It Worth It?
Founder's Journal
Morning Brew
4.8 • 1.1K Ratings
🗓️ 25 September 2020
⏱️ 9 minutes
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| 0:00.0 | What is up everyone? This is Alex Lieberman, co-founder and CEO of Morning Brew coming to you with another episode of The Founders Journal. My daily audio diary made public for the world where I talk about the most important moments, |
| 0:13.8 | considerations, challenges, wins and losses behind the scenes at Morning Brew. |
| 0:18.7 | As always I am joined by my co-pilot Josh Kaplan and today we are talking about trade-offs. Let's do it. |
| 0:27.2 | You've been live streaming a lot. You're spending a lot of time making content yourself you had your |
| 0:32.8 | CMO series today is it worth it? |
| 0:35.6 | Yeah I think I spend more of my time now talking to a computer |
| 0:39.8 | camera than actually talking to people in public I I guess this is the beginning of the movement |
| 0:45.3 | to the metaverse as Matthew Ball talks about it. |
| 0:48.8 | Is it worth it? |
| 0:49.5 | So first of all, I think one of the most common topics that I am thinking about on a daily basis and I know Austin my co-founder is doing the same thing is trade-off. |
| 0:57.4 | Everything in life every decision has a trade-off also known as an opportunity cost. So the CMO series for those of you that haven't watched it is |
| 1:06.5 | basically on a bi-weekly basis I interview some of the smartest marketers in the world |
| 1:11.9 | so I interviewed Matt Kobak who ran a social for the New York Stock Exchange, now runs social |
| 1:18.1 | and content marketing for Fast. |
| 1:20.2 | I've interviewed the CMO of Salesforce, the CMO of Chevrolet, and so we're, I believe, we are 14 interviews into this. |
| 1:28.0 | And so basically I just stepped back and I was thinking to myself, is this worth the time? |
| 1:32.0 | Because if I actually break it down I'm spending |
| 1:34.5 | probably four hours a week on the CMO series and so it just really needs to be worth it and so I've listed down the things that I believe make it worth it. And |
| 1:44.8 | Josh, I'm going to have you push back on me and get me thinking hard about the tradeoff. |
| 1:49.9 | So I think there's three key things. One is Morning Brew makes money through advertising. |
| 1:55.7 | To make money through advertising, we need to convince brands from the Nike's and Starbucks |
| 2:00.8 | of the world to the direct-to-consumer startups of the world to the direct to consumer startups of the world |
... |
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