The guest speaker believes it's not too late to start a podcast, but acknowledges that the industry has been around for a while. The hosts discuss the importance of having backup audio options for recording.
Even though there are fewer one-person shops and small team shops in today's podcasting ecosystem compared to earlier years, we are very much in the super early days, as the percentage of terrestrial or satellite radio advertising dollars that have migrated to podcasting is still extremely low, and companies are beginning to invest in podcasting.
Venture capitalist, Chris Sacca, reflects on the evolution of the startup investment industry, discussing how the increased competition and influx of capital has made it more difficult for solo investors to succeed.
The speaker discusses his desire to create a platform where he can share his knowledge and conversations about optimizing finances and travel to a wider audience through storytelling.
The podcasting industry involves a lot of labor and complexity. The psychic gratification of sharing opinions may not be enough to sustain a podcast after considering everything else involved.
Podcasting allows for more authentic and engaging conversations, ultimately leading to better guest selections and a more dedicated audience.