Chris Hutchins, founder of All the Hacks, discusses how his podcast's naming impacts listener attraction versus corporate sponsorship deals.
Insight
Guest fame is inversely proportional to listener satisfaction on tactical podcasts
“Funny enough, I found that the bigger the name of the guest, Is completely, almost inverse proportional to how well my listeners like the episode. So it doesn't matter. I care more about the content than, you know, the name of the person on the show.”
Insight
Hutchins cites Rachleff: Care about the industry, not the company
“Andy Ratcliffe, who started Benchmark Capital, one of the best returning venture funds of all time, and then went on to start Wealthfront. And he was saying, you need to be passionate about, like, the industry, but you might not need to be, like, so passionate…”
Prediction Not checkable as stated
Hutchins predicts 100 top podcasts earn $10M-$15M annually; thousands earn $1M-$5M
“I think there are going to be, you know, a hundred shows at that level, and then everything below that is probably in the, not everything, but like the next tier down is like in the, you know, one to five million kind of range, which is, you know, there's prob…”
Assertion Supported
Hutchins: On-Demand Paid Expert Advice Platforms Have Failed Every Time
“And this platform has failed every time. There's so many companies that have started this.”
Insight
Hutchins: Improving discovery algorithms make broad content niches hard to break through
“I think that right now, search algorithms and content discovery is getting better and better and better, such that you, it's gonna be really hard to break through if you're, like, trying to be broad in some topic”
Insight
Hutchins: Aspiring creators should run verticals for established creators for revenue share
“You could go start your own newsletter. Or you could go find someone who has a not great newsletter in an area you're passionate about and ask to run it. And by the way, there are multiple creators. I know who I've realized this has happened to them and they s…”