Insight
Barry: Most people are uninteresting because they lack storytelling fundamentals
“I think that most people are actually really not interesting at all, because they don't know, like, the fundamentals of a good story.”
Insight
Barry: Paid Newsletters Put Growth and Monetization in Direct Conflict
“Turns out I chose a business model that requires my best content to be behind a paywall. And then I need new content, not behind a paywall to get new readers. And like these two sides of my business are directly at odds, you know, growth and monetization are d…”
Insight
Barry: Creators Should Build One 'Skyscraper' Business Instead of Strip Malls
“And I think a lot of creators like to build strip malls. Here's what I mean. If you think about the footprint of land, what you can build, right? You're going to a strip mall and you're like, okay, I'm going to build this one little business here. Here's my ra…”
Insight
Barry: Tutorials cannot match done-for-you agency onboarding for software
“No amount of like onboarding and help tutorials will ever turn someone into the perfect user. But when you're like, all right, fine, I'll like pay me and I will just set it all up for you. It turns out that works pretty well.”
Insight
Nathan Barry: The best way to be interesting online is pursuing transformative quests
“The best way to be interesting on the internet is to be going on a quest that is going to change you and that is worth following.”
Insight
Barry: 30k high-net-worth subscribers beat 300k food blog readers
“Like I'd much rather take 30,000 people interested in investing and buying businesses who are higher net worth people on that one side compared to like 300,000 who are reading a food blog and nothing against food blogs. It's just like the intent or the amount …”
Disclosure
Barry: If AI could have written it, it is not worth publishing
“Especially with writing being done by AI right now, a filter that I like to use is if I'm writing something, could AI have written this? If yes, it's probably not worth me publishing.”
Insight
Nathan Barry: Creators only need either a compelling journey or great storytelling
“Someone who is the best at both, they're going to have a much easier time building an audience, but you could be mediocre at storytelling and have a compelling journey, or you could have a mediocre journey and be compelling at storytelling. And either one of t…”
Insight
Barry: Adding entertainment value expands educational content reach
“Anything you're trying to teach. The more you can add an entertainment value to it, often the more people it's going to reach.”
Insight
Barry: Creator status has shifted from high-end gear to accessible tools
“It used to be cool to say like, oh, I had this red camera or whatever the equivalent is. In your industry, right? The absolute best of whatever, and it's polished and perfect. And now it's cool to be like, yep, I didn't do that. I did it this other way. We all…”
Assertion Not checkable as stated
Barry: A Growing $10M ARR Software Company Is Worth Over $50M
“A software company doing ten million a year in revenue is worth more than fifty million dollars, right? If it's growing, growing well.”
Insight
Barry: Agencies bridge software's short-term cash flow problems
“Software is great at long-term enterprise value and terrible for a short-term cashflow. And so the agency kind of bridges that gap.”
Disclosure
Barry: ConvertKit began as a challenge whose initial revenue goals failed
“I said, I'm going to build a SaaS company to 5000 dollars a month in recurring revenue in six months with only 5000 dollars of my own money. And I called it the web app challenge. And that is what ultimately became ConvertKit. I didn't hit any of my goals.”
Assertion Partly supported
Barry: David Nihill's agency punches up keynotes by measuring laughs per minute
“What he did is he got a bunch of his comedy friends together and said, we were going to make an agency where we will punch up your business talks. You bring a talk that you've already done, and you send it to us, and we will write it no more than five percent,…”
Insight
Barry: Creative skills provide massive online leverage by capturing attention
“And it's just because, comedy, writing, teaching, all of these things are so, so valuable at capturing attention. And then you can drive that attention to whatever you want. And you get leverage in a really interesting way.”
Assertion Not checkable as stated
Barry: High school teacher makes nearly $1M online teaching other educators
“Like I know a school teacher who makes almost a million dollars a year. Like teaching school teachers how to manage their classroom, how to show up effectively, how to create lesson plans, all of this stuff. And he actually still teaches part time at the high …”
Assertion Not checkable as stated
Barry: Nick Huber makes bulk of his revenue from agencies
“He can make plenty of money off of sponsorships and digital product sales and traditional things, but he's actually making them like the bulk of his money off of two agencies with shepherd and his re costs egg.”
Assertion Not checkable as stated
Barry: Cerro Gordo ghost town makes ~$50K monthly in YouTube sponsorships
“It has a YouTube channel. It makes like 50 grand a month in sponsorship revenue because the YouTube channel is so popular.”