The strategy of bundling and unbundling is crucial for paid newsletters as it creates value for the consumer and encourages regular content creation from the writer.
The credibility of a publication like the Wall Street Journal or TechCrunch helps businesses who are not familiar with podcasts trust the value of the medium, making promotion to a new audience more accessible.
Having supportive people around you who won't belittle your ambitions is crucial. It's essential to stay away from individuals who have been beaten down by the world and are not willing to hear bad or new ideas.
Joe Rogan talks about his admiration for Kirk Kerkorian, the longtime owner of MGM, and his incredible story of taking big gambles to build an empire. He also highlights the importance of email newsletters for successful businesses, using the example of a successful web news site that lacks an email newsletter.
Investors should focus on product demos instead of PowerPoint presentations while funding narratives make sense in the early stage of investments, especially for companies that can show traction and growth on real metrics.