I’ve been creating content for 4-5 years and didn’t start getting traction until the last ~2 years.
It’s a a game of compounding, have to build it brick-by-brick.
Everyone looks to go viral for growth and that’s rarely ever the way.
Mr. Beast has been creating YouTube videos for 9 years and most of his audience has grown in the last couple of years.
Dave Portnoy has been running Barstool Sports for nearly 20 years.
It’s a long game of consistency.
We’ve been doing our podcast for 2 years, an episode every week. That’s a lot of time and effort to stay committed to something when you don’t know if it will lead to anything.
That’s why I think bootstrapping a media company is nearly impossible.
You can’t sell advertising or subscriptions until you have an audience, but it takes a few years minimum + resources to build that audience.
Now you’re seeing individuals turn into media companies, creating products to distribute from their platform.
Mr. Beast for instance is likely to become the first billionaire from YouTube. He’s going to be a media and product giant.
My homie @noahkagan made a great YouTube video breaking down Logan Paul’s revenue streams.
If you want to do it, you can. Just be prepared for a 5-10 year haul before you see any $ from it.
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Doesn’t matter what you think or what messaging you try to project, the world is reliant on hydrocarbons and it will make up the majority of energy production for the next few decades.
Random thoughts ahead:
1) If you’re in oil and gas: climate change is real.
Denying it doesn’t change people’s mind about the O&G industry.
It’s pretty easy to understand that carbon in the atmosphere traps heat and warms the planet.
From the other side, it’s also easy to understand that climate models can be wrong as most models are.
Alright here’s some idea development around the world’s largest pizza party:
1) We should run it as a fundraiser and give all proceeds to the Barstool Fund. Maybe if we all tweet @stoolpresidente he can join us and lead us with the largest “one bite everyone knows the rules”
2) @DeadCaitBounce can give us ingredients for a cocktail of the night and walk us through making it.
Sounds like @Chilis might be down as well to hook up with some margarita kits?
3) @scottspizzatour should make some badass content with us for entertainment.
One of the people I’m most impressed by is Scott McClelland, president of H-E-B.
If you aren’t familiar with H-E-B, they are a local Texas grocery chain that does $31 billion in annual revenue making them a top 10 private company in the U.S.
There are two things that amaze me about Scott and H-E-B
1) Their logistics and supply chain during crisis response.
2) Their branding and customer loyalty.
Their logistics during Hurricane Harvey and the beginning of Covid-19 were nothing short of flawless.
Shelves at H-E-B were always stocked during both events.
They were gearing up for Covid months before it became an issue in the U.S.
We recently had one of the most impressive people and founders I've ever met on the podcast.
She grew up in poverty in Israel, served in a combat unit, earned 6 degrees, is fluent in 5 languages, invested in startups and is now an energy startup founder herself.
Check it out👇
Shoshi Kaganovsky was born in Russia where her family faced persecution for being Jewish.
Her father passed away before she was born and at 5 years old her mother made the decision to move their family back to Isreal.
Once in Isreal, her family fell into deep poverty.
Despite her mother having multiple PhD's, she wasn't able to find work due to the fact she couldn't speak Hebrew.
This forced Shoshi to start working at the age of 9 and start managing her family's finances.