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Making $60k a month from a podcast on software engineering

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Re: Making $60k a month from a podcast on software engineering

#41
post #36
post #33

Earlier quoted context omitted.

I started with $100 and built it up, then lost most of it But also started with a roof over my head, great parents, an internet connection, etc. I would consider myself a trust fund baby in that sense.

See, I knew this was going to happen and then I was going to feel real bad. One question I do have for you: How did you get Stephen Wolfram, Seth Godin, etc. to come on your early pods?

Emails!

Re: Making $60k a month from a podcast on software engineering

#42

Earlier quoted context omitted.

Hey just want to note that although that sentence makes him look like just some rich kid with infinite resources, I went to college with Jeff and I actually have personally talked to him when he was starting this project. Regardless of what affluence he had in the past/present, he started this idea from near-zero -- the site looked like shit, he worked on it slowly, and from reading the article it looks like he got t…

It's disingenuous to say, "…regardless of what affluence he had." The thing about being wealthy isn't that you don't have to work as hard to succeed at something (well, sometimes it is). The thing about being wealthy is that you don't have to do anything, so you have all this time to focus on what you want to do—and you can fail while doing it without any major consequences. Most people can't do that. Hell, half of t…

Yes. If you are wealthy (i.e. don’t depend on income) you can take big risks. 99% of the US couldn’t afford to spend $250k for a learning experience and a cute blog post.

Re: Making $60k a month from a podcast on software engineering

#43
post #31
post #26

Earlier quoted context omitted.

Yeah, because only "super rich" people start successful podcasts, blogs, etc. Like that Neistat guy: https://www.youtube.com/watch?v=V6Y-ahQFQDA

Exception to the rule and dismissal of the enormous advantage money gives.

I haven't found any "enormous advantage money gives" when it comes to podcasts, and other such works.

Starting some regular business, yes, but writers, podcasters, and artists in general, have always come from all kinds of backgrounds, especially troubles ones.

Re: Making $60k a month from a podcast on software engineering

#44
post #9

Earlier quoted context omitted.

Yes :)

Should be titled "Wasting >>$60,000/mo of people's time, but getting paid $60,000/mo for it".

This is one part of the truth, but not all of it. The remaining minutes of the the hour long podcast evidently provide enough value to the listeners for them to keep tuning in, despite the annoyance of ads. As long as his output has value and he charges what the market will bear (in terms of ad time), he should do well.

The point is, it's not a net "waste" of people's time, it enriches their lives in some way.

Re: Making $60k a month from a podcast on software engineering

#45
post #40

I wish that hour-long podcasts weren't an hour long. They are often too unstructured and slow paced. I think with some editing for pace they could be winnowed down to say, 20 minutes. I don't have time to sit around listening to an hour long podcast, especially not every day and multiple different podcasts! I remember the old giants robots ruby podcast was about 20 minutes and covered 3 topics (not sure if I'm rememb…

Structure is an editing problem, but there are lots of people who listen to podcasts sped up, or with silences removed. Apps like Overcast will do this for you. Some podcasts, like Hardcore History, are worth the 5 hour runtime and they're so rarely published it doesn't really matter.

Any recommendations for podcast apps on Android?

I'm carrying around my a junked iPhone 5C and using it just for Overcast. I haven't been able to find any podcast players on Android that work as well for me. If I could find one, I could stop carrying two phones.

Re: Making $60k a month from a podcast on software engineering

#46
post #16

How to make $60k/mo from a podcast: When I was 19 there was a month when I played poorly and lost ~$250k. I quit shortly after that. It took me awhile to recover my psychological bearings. Step 1: Be super rich.

After a bit of digging, I think his story is plausible. He got into the game in 2004; At that time, it was very much possible for a smart, determined teenager to grind a hundred bucks into a quarter mil. Before Black Friday[1] chased all the soft money out of the game, pretty much anyone with an ounce of sense could play profitable poker and some people made a lot of money very quickly. He claims to have blown most of his winnings in that one-month losing streak, which is very much a thing that cocky 18-year-old poker players do.

I think it's fairly clear that Meyerson came from a relatively privileged background and had a lot of advantages - he attended one of the best high schools in the US - but I don't think it's necessarily fair to dismiss him as a trust fund kid who lucked his way through life.

[1] https://en.wikipedia.org/wiki/United_States_v._Scheinberg

Re: Making $60k a month from a podcast on software engineering

#47

Slightly off topic, but he mentioned that he got his start from the software engineering radio podcast that's been around since 2006. I've been binge listening to that podcast for about two months and it re-enforced two things that I always suspected. 1. I made the biggest career mistake of my life by staying at one company from 1999-2008. I missed out on so much of state of the art technology that I spent the next 8…

> A daily podcast that lasts an hour? It's remarkable that he can keep up that pace. Could he make just as much money from having fewer podcasts? would the scarcity make the podcast more valuable to advertisers?

As a listener, you're in a good position to judge - do you think that the content suffers from being so frequently produced? So they're making $2k per episode on ads - would they make $15k if they made one podcast a week? On that time scale, is there a better monetisation model?

Scarcity really valuable to me as a listener - I don't have time to listen to an hour a day of a single show. I have an audible subscription (ca 10-30 hours per book, unabridged), shelves of real books, Netflix, Spotify, a list of TV shows and movies, a girlfriend, all vying for ear-time. Some people solve this by speeding up podcasts, but I like listening to real voices. Remvoving silences can work well though.

Consider podcasts like http://moviesbyminutes.com/ - they look fun, but who has time to listen to potentially 100 hours of content about one film? That's more than all of LOST. Would you rather watch every movie on the IMDB Top 250 or listen to people going through every Star Wars movie minute by minute? I once listened to the complete Wheel of Time - it's over 2 weeks unabridged. Took about 4 months listening to nothing else - commuting, exercise, walking to the shops, flights, trains etc.

SED at least offers listeners the chance to skip episodes they don't care about, but podcasts really have to be impressive for me to listen to them.

Re: Making $60k a month from a podcast on software engineering

#48
post #40

Earlier quoted context omitted.

Structure is an editing problem, but there are lots of people who listen to podcasts sped up, or with silences removed. Apps like Overcast will do this for you. Some podcasts, like Hardcore History, are worth the 5 hour runtime and they're so rarely published it doesn't really matter.

Any recommendations for podcast apps on Android? I'm carrying around my a junked iPhone 5C and using it just for Overcast. I haven't been able to find any podcast players on Android that work as well for me. If I could find one, I could stop carrying two phones.

I've been a fan of PocketCasts. Lots of people recommend podcastaddict because it's free and has a million knobs, but I enjoy the comparatively slick interface of PocketCasts.

Re: Making $60k a month from a podcast on software engineering

#49
post #16

How to make $60k/mo from a podcast: When I was 19 there was a month when I played poorly and lost ~$250k. I quit shortly after that. It took me awhile to recover my psychological bearings. Step 1: Be super rich.

It sounds like that was a bankroll he built up through play, not his initial stake.

Re: Making $60k a month from a podcast on software engineering

#50

Earlier quoted context omitted.

Hey just want to note that although that sentence makes him look like just some rich kid with infinite resources, I went to college with Jeff and I actually have personally talked to him when he was starting this project. Regardless of what affluence he had in the past/present, he started this idea from near-zero -- the site looked like shit, he worked on it slowly, and from reading the article it looks like he got t…

It's disingenuous to say, "…regardless of what affluence he had." The thing about being wealthy isn't that you don't have to work as hard to succeed at something (well, sometimes it is). The thing about being wealthy is that you don't have to do anything, so you have all this time to focus on what you want to do—and you can fail while doing it without any major consequences. Most people can't do that. Hell, half of t…

I don't think it's disingenous, becasue there are lots of different kinds of wealthy people. At the least, I meant to distinguish him from silver spoon types that simply purchase viewers/apps/influence and ride it out, or those that just fail and fail and fail in incredibly stupid ways, learn little and fall back on parents' money all the time. As far as I know, he is not that person.

In my mind what he's accomplished is doable by just living at your parents house (yes, that's also a bit of a luxury that others may not have), which is why I don't consider this to be simply a byproduct of wealth. With a bunch of drive and sheer will it could be done in nights and weekends. Is he entrepreneur of the year? maybe not, but he's certainly not richie rich who bought his way to the table -- while I have no idea what his resources are or what his interactions with whatever wealth source allowed him 250K @ 19, what he's done is not out of the realm of most office workers, especially in tech.

[EDIT]: He actually responded with how he got his start: https://news.ycombinator.com/item?id=16573002

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