In this episode, we sat down with the legendary Joe Budden. We talked about his early days in podcasting, how he’s seen the industry change, his issues with Spotify, the current state of podcasts, Rory and Mal, and more.
We also talked about his network, the issues that came with it, music, and the mistakes that others are making in the industry. #joebudden #podcast #earnyourleisure
EYL University:
00:00 Trust in busienss
00:57 Intro
03:42 How Joe Budden feels about the podcast space
04:50 When did you realize podcasting was a real business
08:08 How did you make money podcasting
10:47 Spotify deal
15:37 Is there any similarities with music industry & podcast industry
16:40 Joe Budden starting his own network
21:10 What were the issues with the network
24:00 What’s the vision for the network
25:17 The process of doing what you do
28:03 Do You look at yourself as a Dame Dash in the space
29:04 What’s the blueprint to make money in a podcast
34:00 Why don’t people share information and how it affects other podcasters
35:12 Podcast coalition
37:24 How many profitable podcasts are there
38:33 Settling for one source of income
40:51 What’s the deal with Patreon
44:35 What’s the retention rate with Patreon
44:57 How do you feel about live shows
47:54 How do you manage being the talent and the face of the business
49:17 What happened with the Rory and Mal situation
54:09 How do you prepare your new host for the show
55:28 Is there too many podcasters
58:45 Independent shows vs corporate shows
1:01:00 Is Joe to blame for rappers making podcasts
1:03:00 What happens when you leave the couch
1:04:22 How do you feel about the word podcast
1:06:26 Do you think content is important or the personality
1:07:37 Do you ever look for the next star
1:08:26 What”s next for Joe Budden
1:11:18 Joe Budden’s top five albums