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The Playbook With David Meltzer

The Foundations of Building a Brand | Entrepreneur Fireside Chat

The Playbook With David Meltzer

David Meltzer, Entrepreneur.com

Business, Entrepreneurship, Careers

4.9 • 1.9K Ratings

🗓️ 20 September 2019

⏱️ 50 minutes

🧾️ Download transcript

Summary

Today’s episode is a fireside chat with Entrepreneur’s Editor-in-Chief Jason Fiefer discussing the ABCs of building a brand. When you understand how to combine traditional and digital media and create emotional connections through your content, you will be able to build a brand that stands out from the rest. Timestamps: 3:40 - Not everyone needs a brand to be successful 6:14 - Brands evoke emotion and people buy on emotion for logical reasons 7:34 - The clarity of your brand’s message 10:45 - Why Disney’s 75 year old content still wins today 11:30 - How are people going to access your content? 17:12 - What’s the objective of your brand? 18:47 - We study history to predict the future 20:45 - How to monetize your brand and ask your audience to buy 23:00 - What made me a great salesperson 23:45 - Why Apple is the best at monetizing their brand 28:02 - If you can’t quantify your own value, you aren’t ready to sell 35:45 - People aren’t willing to pay for things that they can get for free 38:23 - Can someone else be the face of your brand? 42:40 - Spokesperson vs the brand 46:18 - How to amplify and perpetuate your brand

Transcript

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0:00.0

I think it's really important for people to, number one, separate doing business and making money

0:05.6

from the marketing aspect, an annuity that you can provide and the annuity is building this frequency.

0:13.0

And the way that I look at is how truthful

0:16.5

is that frequency to what you want to be.

0:20.2

This is entrepreneurs, the playbook.

0:22.4

This is a huge subject that we are not going to do amazing

0:27.8

comprehensive justice to in one hour because you could spend a lifetime trying to

0:31.6

figure out how to build a brand.

0:33.0

But I know that you have some real key pointers,

0:36.0

some broken down guides to what it means to really build a brand that matters

0:41.0

and that reaches people and that people connect to.

0:43.7

So let's dive into it.

0:44.8

What is the number one most important thing to be thinking about?

0:48.3

It's number one thing to think about is frequency, right?

0:51.1

Which is a vibration.

0:52.2

So any object, a product, a solution, a service, or

0:55.8

you, right? And I come from that industry because I ran the most notable sports agency in the world.

1:00.4

So building brands like Warren Moon or Troy Aikman or Steve

1:04.2

Young or a Vander Holyfield these are brands now in the past we didn't know how to

1:08.9

monetize those brands as well as we do now but in fact I think the trend is for those brands to encapsulate

1:16.8

even leagues, teams, and organizations now that individual brands will be utilized by investment

1:21.9

bankers that take stock instead of just endorsement deals,

...

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