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Masters of Scale

The Wrongness Playbook, part 1, w/Patreon's Jack Conte

Masters of Scale

WaitWhat

Startups, Business, Mindset, Management, Bob Safian, Entrepreneurship, Diversity & Inclusion, Reid Hoffman, Jeff Berman

4.64.4K Ratings

🗓️ 30 August 2022

⏱️ 41 minutes

🧾️ Download transcript

Summary

Building a business means making mistakes. Lots of them. But how you’re wrong isn’t always obvious. Jack Conte has learned this lesson as a working musician — and while scaling Patreon into a company worth $4b. In Part One of a two-part series, you’ll hear how Jack wrote his own Wrongness Playbook, as he learned to answer questions like: If something isn’t working, is it time to trust your instincts? Or is there critical feedback you’ve been ignoring? 

Read a transcript of this episode: https://mastersofscale.com

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Transcript

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0:00.0

Hi, it's Bob Safian. You've been hearing me as the host of rapid response in this feed for a few years now,

0:07.8

with short newsy interviews alongside the deeper dives of Masters of Scale. Well, I'm excited to share that rapid response is expanding into its own feed.

0:17.0

We'll be putting out shows twice a week, focusing on the urgent issues that business leaders are dealing with in real time.

0:24.7

So search for rapid response in your podcast player and subscribe to make sure you get all our episodes.

0:31.2

I'll see you on the other side. I was touring up and down the west coast.

0:39.9

Playing for empty bars.

0:47.3

empty. And when I say empty, I mean empty.

0:55.7

Zero people bartender leaves halfway through the set I am alone playing in a 500 person room by myself. Oh man I did four tours like that it sucks Let me tell you that is the worst.

1:06.5

That's Jack Conte, he's the co-founder and CEO of Patreon. He's also a working musician.

1:17.4

And the start of his career was a bit rough.

1:27.0

This was about three years into my career as a full-time musician. I had not yet quit my side hustles.

1:30.0

I was actually working as a contractor doing corporate background music for in-house Google videos.

1:40.0

No offense to the Google in-house video department, but this wasn't Jack's dream.

1:46.2

He wanted to be a full-time songwriter and musician. He wrote prolifically, publishing original songs to the

1:55.4

Premier Music Discovery Platform of the day. My Space.

1:59.3

I've upload a song and I'd get five plays and I was feeling like I was just

2:10.0

beating my head against a wall. I'd spent six months working on this album. It had

2:15.7

a hundred tracks. I'd EQ the crap out of it. I was meticulous about crafting this

2:21.0

thing. I spent 10,000 hours in this album.

2:25.4

And I felt like I was making good music.

2:27.3

I didn't feel like my music was bad.

2:29.0

I didn't think I was prince or anything,

...

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