Episode Transcript
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0:00
Do you know the difference between YouTube long form earnings
0:02
versus YouTube shorts? No,
0:05
do you have example from your earnings? Or
0:07
this was on Twitter. I'm struggling to find a tweet
0:10
right now, but this was
0:12
a billion YouTube long form views versus
0:14
a billion YouTube shorts. And I think the
0:16
one that had a billion YouTube long form
0:18
views was like fifty grand or something like
0:21
that, and then the billion YouTube
0:23
shorts views is like four hundred and forty dollars, I
0:25
believe Yeah. So you
0:27
know TikTok has a struggle monetizing, right, I
0:30
believe it. They've had it for a long time. Their
0:32
solution key commerce, Yes,
0:35
exactly. Yeah, it's tough
0:37
to monetize short form content because think
0:39
about what you're training
0:42
the person. You're training the person to just
0:45
consume content really quickly, or if you don't like,
0:47
you just skip to the next thing. I don't
0:49
remember anyone from watching shorts, Nobody,
0:52
really, I don't remember anyone. Do you remember anyone?
0:54
Yeah? Who, Charlie Demilio, No,
0:57
I don't remember. Trying to but I don't see those
1:00
because of TikTok and stuff like that. Yeah, so
1:02
who do you remember from watching shorts? I don't remember anybody.
1:05
I see a lot of people like I see
1:07
your friend Gary, Jeffrey
1:09
something. What's his last Jeffrey Wou Jeffrey
1:11
Wu. I see him a lot on shorts, by the way. Another
1:15
person I see quite a bit on shorts, Cody
1:17
Sanchez. Yeah, but these are people
1:19
you know. Okay, how about
1:21
Alex Ramosi. I knew him first from you
1:23
know, I knew him first from shorts, not from in
1:25
person. Oh, I knew him directly
1:28
from it. It's not about do you remember
1:30
some of these things enough? So I don't know. Yeah,
1:33
But it's not just about watching
1:35
it enough. It's about the people have to
1:37
be really popular. Like if you look at Cody
1:39
and Alex and Leila, they're getting
1:41
so much airtime, right, They're
1:44
getting more airtime than people who
1:47
have four or five times more following than them, right,
1:49
And it's because their content is so engaging,
1:52
so you're seeing it at a higher percentage.
1:54
And because of that, it's just like, Okay,
1:56
cool, I remember these people and I know
1:58
who they are. I think you
2:01
talk we talk about the rule of seven, and
2:03
now it's like the rule of fourteen. I think for shorts you need the rule
2:06
of more maybe they need to see you at least like twenty times
2:08
or something to remember you. Totally agree,
2:10
and funny enough, I watch a lot
2:12
of long form content on YouTube. I actually watch
2:14
more long form content on YouTube
2:17
than I do consuming shorts,
2:19
and typically the long form content that I'm watching
2:21
on YouTube is interviews
2:24
of financial people, like an interview with
2:26
Jamie Diamond or Andre Stevis who
2:28
runs BTG packed well in
2:30
Brazil's their version of Goldman Sachs, the guys
2:34
pretty you know, substantial
2:36
position on the Forbes List. But there's a lot
2:38
of financial people that I watch
2:41
or learn about through YouTube, and
2:43
I'll go through our video and
2:46
I don't need to see them again. I know who they
2:48
are and quite a bit about them just from that one video
2:50
because there's so many stories that
2:52
you heard, there's so many interactions in that one hour
2:55
that is infinitely more, in my
2:57
opinion, infinitely more rememberable
3:00
or memorable versus a short.
3:02
That's the real problem. Mostly social networks
3:05
want to push shorts because that's what people want to consume.
3:08
But it's hard to push a lot of value in a
3:10
minute. I'm not saying it's impossible, but in
3:12
B to B it's really hard to get to the meat
3:14
of something and give tons of value in a one minute
3:17
clip or a one minute thirty or however long depending
3:19
on the platform. YouTube shorts still won't allow
3:21
more than a minute. It just it
3:24
sucks. Long form for
3:27
me is still the best way to consume and
3:29
digest information, at least
3:31
in B to B. You know most people. So when
3:33
I spoke to Pat Flin and Kevin has read you about
3:35
this, they when they look at their view So you
3:38
know, Pat Flins, you start this new Pokemon channel has
3:40
like nine hundred thousand subs. Now, they don't
3:42
even look at the short form views. They kind of disregard
3:44
it. They just focus on the long form views. And I
3:46
think a lot of YouTubers have gone in that direction because
3:49
when you use mister B's tools, I think it's called
3:51
view stats, you can see how
3:53
many of your views are long form versus short
3:55
form. So food for thought,
3:58
dude, random question for you. I know you've
4:00
been creating a lot of content for YouTube and
4:02
the social networks. You've been creating broad
4:04
content as well, and I think I texted you about
4:06
this too. One of your guys started talking
4:08
about dating and some
4:10
of the other things involved in dating that
4:13
some people would be okay
4:15
with, some people would be offended
4:17
with. To be honest, people are fighting each other in the comments.
4:19
Oh they are okay, how'd
4:21
that go? That video's ripping
4:24
now? So oh, let me give you a hack
4:26
here. This one's going to do well for sure, for
4:28
real swatch. So if you want to
4:30
grow really fast on YouTube, there's
4:32
for sure, I'll guarantee you. I've at my life. You don't know this hack,
4:36
well, there's one hack. So this video. When we first published
4:38
this long form video, it was like
4:40
dying. It was like nine out of ten, right, or
4:42
ten out of ten on YouTube? But you did it with another person,
4:44
Yeah, we did it with
4:46
the relationship
4:48
guy. Did you make him a collaborator? No,
4:50
we didn't make him a collaborator? What do you mean collaborator?
4:52
Or if you add them too, then you do better?
4:55
What do you mean you add them? Well
4:57
that's Instagram? Yeah okay, but you' okay.
5:00
So here's what you need to do on YouTube
5:03
if you do an interview podcast and you want it
5:05
to grow very quickly. So basically
5:10
the video was tanking initially, and then
5:12
I sent the guest a text.
5:14
I said, hey, are you willing to share this on
5:16
your community tab? And so he shared
5:18
the video on his community tab. At first she was like a little cagey
5:21
about it. Then he shared it and then it just started
5:23
ripping and then from there it just like it has. We
5:25
haven't looked back. In fact, it's accelerating now in terms
5:27
of the views per hour. Yesterday
5:30
it was like one hundred views per hour, so now it's like seven hundred
5:32
views per which is a lot. And then now
5:35
I know this video will probably get like over one hundred thousand
5:37
plus views. And so it's using
5:39
that community to tap because when you posted a community tab,
5:42
it looks like you're posting it right,
5:44
So that's a little hack. And then anybody does a podcast
5:47
with you just ask him right after, hey, are you down to share your
5:49
community tab? So it's pretty much a collaboration
5:51
for your YouTube. Yes, so you're very
5:53
close. Yeah, yeah, we've
5:56
seen the same thing. And the only reason I know this
5:58
is when you interview a lot of people. So I
6:00
assumed there would be collaborations at least like on it.
6:02
No, I wasn't doing it before TikTok. I wasn't doing
6:04
it like barely, like
6:06
it's like because people are actually cagy
6:08
about doing the collab on Instagram,
6:11
but the collab on YouTube is way easier. That's a way
6:13
lower lift because people don't know how that that's
6:15
considered a collab. Yeah, dude, when
6:17
I get the requests, I just ignore all of them. Yeah,
6:19
I ignore like ninety nine percent. So
6:22
even from some of my teams. One of my team
6:25
members just even when like they add me to
6:27
a story and they're like, I'm
6:29
like, this is in Portuguese, I'm not going to share
6:31
this. So you know, Okay, you just
6:33
went to you just came out from Brazil and you spoke at a conference
6:36
and you had like there's a one day where
6:38
you had like thirty different stories,
6:40
right, not even Neil, I've probably had
6:42
two three hundred. Did you know Instagram
6:44
limits how many stories you can have? How
6:46
many do you post? I posted all of them, but
6:48
they started removing some of them, and they started telling
6:50
me I'm abusing a feature of sharing
6:53
a story, but was it you doing it? Yeah? I
6:55
went through. It took me like a few hours to go
6:57
through and add each story because everyone
6:59
that was taped, you're just adding them all. So I
7:01
spoke at a conference called VTEX. It was massive.
7:04
I don't know how many people were there, but thousands
7:06
and thousands and a five thousand persons
7:08
more. How to be way main stage, I mean,
7:11
yeah, the main stage was massive. So
7:14
depending on the country that you go to, Like in the United
7:16
States, people don't do it as much. Canada they
7:18
somewhat do it, But it depends on the
7:20
country that you're going to. In places like Brazil
7:23
or Middle East or Asia,
7:25
you see them doing this really often. So
7:28
I'll have two three hundred four hundred
7:31
people just tagging me in a story
7:34
post two. But let's just go with the stories.
7:36
So then what I do is I go
7:38
through every single person that does it
7:41
and I add them to my story all right
7:44
over time. If you get a lot of these spacebook
7:46
i mean, Instagram does not like it, and they'll start
7:48
cutting you off and then you got to slow it
7:50
down and then eventually they let you do it. But
7:53
I've seen my stories disappear because I keep adding
7:55
more and it hasn't been twenty four hours from
7:57
even the original story that I'm sharing, you
7:59
know, going online, and they
8:02
just start deleting your older ones that you shared
8:04
an hour ago. But the
8:06
reason I do this is really simple,
8:08
and I do this for most conferences I go to
8:11
unless they're enterprise.
8:14
So like yesterday, I did an event with the CMA
8:17
Canada Marketing Association. All
8:19
enterprise brands that are like
8:22
RBC, you don't think of any
8:24
big Canada company. They
8:26
were there in the room, a VP of marketing,
8:28
CMO, CEO, COO, president,
8:30
etc. Places like that.
8:33
You won't see them doing it as much. But
8:36
when you're going after people who are
8:38
mid level out of corporation or lower,
8:41
they'll do it all day long. And what
8:43
we find is it creates a much
8:46
loyal, more loyal community. They
8:48
start following you. A lot of those people never follow you,
8:50
they start following you, they start liking your stuff,
8:52
they start commenting, even if it's
8:54
in English and they don't understand it. Yeah.
8:56
So I mean you're sharing it to engage with the community,
8:59
and you know that's good will that comes back to the end of
9:01
the day. And for me, it's not
9:03
about who views this story. It's
9:05
about they get a message on Instagram
9:08
that Neil shared it. Oh my yes, and they
9:10
really appreciate it. Yeah, because most people
9:13
I don't have a lot of followers, but I have enough where
9:15
people are like, I can't believe you did this. I'm
9:17
really happy and please thank you very much. Yeah,
9:20
it makes sense. By
9:22
the way, those of
9:24
you that are going to Hubspots inbound, Neil and I will
9:26
both be doing a marketing school session there. Plus
9:28
we'll both be on different stages as well, so
9:30
come hang out. It'll be fun. We're
9:33
we have to plan out. There's actually a little session too
9:35
that we have. Remember we had that last time. No,
9:38
we had the are you talking about
9:40
in the conference the meeting street at
9:42
the conference center that was ahead of the day that we spoke.
9:45
Yeah, not session. It was more so like where
9:47
all the boots were. We just stood there and
9:49
people came to ask this question. Yeah, yeah, yeah,
9:51
yeahah. So we're doing that again. All right, real quick, I
9:54
need to tell you about the group that Neil
9:56
and I created called the Agency Owners Association.
9:58
And this is a group that's similar to entrepreneurial
10:00
organizations such as YPO or EO. By
10:03
the way, Neil and I are both a YPO, but we
10:05
thought it would be really cool if we're able to
10:07
create a group that's dedicated to agency
10:09
owners to helping them scale. So you can be at six figures,
10:11
seven figures, eight figures. We have different groups for different
10:13
levels. All you have to do is go to marketing
10:16
school the io Slash agency again,
10:18
that's marketing school the ioslash agency, and
10:20
you can go there to apply. And I will tell you right
10:22
now what we're doing is there's an online community.
10:24
We do calls every now and then there's stuff that
10:26
we share in there that we don't share publicly,
10:28
and you can at least the online community you can counsel
10:31
on any time, so you can go there to learn more about it.
10:33
And that being said, back to the
10:36
video. Amazon has a new ad feature out. These
10:38
are called non endemic ads. Have you
10:40
heard of this? What do they do? So
10:42
this guy leer In Hirshcorn
10:44
shares this on LinkedIn, so
10:46
he says third party cookies are on their way out.
10:48
And Amazon is in a very good position right now.
10:51
With Apple already cracking down on third
10:53
party cookies on Safari and Google Chrome facing
10:55
them out in twenty twenty four, Amazon stands
10:57
to benefit majorly because they own such a massive
10:59
audience and their ads and checkout
11:01
are happening on the same platform. We're going
11:03
to see more brands, more and more brands flocked
11:06
to Amazon to be able to access
11:08
that data that they won't be able to access elsewhere,
11:11
possibly seeing companies without physical products advertising
11:13
on Amazon because of the tremendous amount of data
11:16
that they have about shoppers and shopper behavior on the
11:18
platform. So that's coming
11:20
down and it's calling. That's called coming down the pipe.
11:22
It's called non endemic ads. So funny
11:25
enough, I didn't know the name, but already knew about it.
11:27
Amazon has marketing evangelists that reach
11:29
out to us and they let us know about all the new stuff that
11:31
come out months before. This one's
11:33
been around for a little bit, but most people don't know what it
11:35
is. You want to know what the coolest AD format that Amazon
11:38
has? What did you
11:40
know that in their shows that they make.
11:43
Let's say they make a show with
11:46
you and it's about the zombie
11:48
apocalypse and all this kind of stuff, and you're wearing
11:51
Converse shoes and you're you're
11:53
on a table like this and you're talking to someone
11:56
and you have aquapana water
11:59
like I have drinks rich water, guys.
12:01
See I'm just drinking regular water here. What's
12:03
inside airwon No no
12:06
filtered water, guys, Okay. Eric
12:09
sent me a link the other day being like airon water
12:11
is the best. No, he's drinking low score water. I
12:13
am drinking low score water. What
12:16
they can actually do is they can switch out this aquapana
12:19
for ebyon oh, and they can
12:21
do it for impressions, and they can switch it out in the
12:23
show or the movie or anything they produce, and they can do
12:25
it master you mentioned this before. Yeah,
12:27
not just for water, but for a lot of things
12:29
in the movie or show. That's
12:32
the coolest Amazon ad product
12:34
I've ever seen. Most people don't know about why
12:36
why did they buy MGM? You know what
12:38
I mean? Yeah, so now they're going to do
12:40
stuff with it. By the way, speaking of Amazon,
12:42
no, no, no, it's harder for them to do or
12:45
it probably can't go back and yeah, exactly, it's really
12:47
hard forward. Correct. That's why they have all the capabilities
12:50
now. All right, So I wanted to take a second to tell
12:52
you about leveling up founders.
12:54
This is an event slash
12:56
Mastermind for people doing seven eight
12:59
nine figures or founders that are doing that
13:01
amount. And we've been doing this event for a couple
13:03
of years now. We've had amazing speakers,
13:05
but more than anything, it's about the people. What
13:07
I mean by that is like minded people
13:10
want to hang out with like minded people, and this is the
13:12
best spot to connect with people of a certain
13:14
caliber. And we vet every single person that
13:16
comes through. So if people are
13:19
even though they make a lot of money, but their character we don't
13:21
really align with that, we're not necessarily going to
13:23
let them in. We do this event in Beverly Hills and it's
13:25
happening in the beginning of
13:27
August. All you have to do to learn more about
13:29
it is just go to levelingop dot com slash Founders.
13:32
Again, it's levelingop dot com slash founders.
13:34
If you want to hang out with amazing people. Neil, my
13:36
podcast co host, is going to be there. I'm going to
13:38
be there. People like Sayed Bulky he will
13:40
be there as well. And again it's going to
13:42
be a great time levelingop dot com slash
13:44
founders to learn more and we'll see
13:47
you inside. Speaking of Amazon, have you heard the Kindle
13:49
and Oprah story before? No? Okay,
13:52
so Kindle when
13:54
they're starting it back
13:57
in the day, Amazon didn't have any product, They didn't have any
13:59
flag ship product yet. And then Jeff
14:02
Bezos was hardcore about hey,
14:04
we need to have like a like a reader, and people
14:06
are like, is this product going to be a distraction whatever,
14:09
it's gonna be a waste of time. When they first launched,
14:11
like, it did really well. People, they it
14:13
sold out pretty quickly, but it
14:16
did okay. It wasn't like crushing it yet, right.
14:18
It wasn't until Oprah
14:20
mentioned that the Kindle
14:23
was her new favorite book that sales
14:25
skyrocketed and then from their Kindle
14:28
just took off. Right. But the lesson
14:30
with Kindle too is that sometimes
14:33
you know they were losing money on the Kindle.
14:35
They started in I think two thousand and four
14:37
or so, or maybe yeah, two thousand and
14:39
four. They didn't finish the project until maybe
14:41
two thousand and seven or two thousand and eight. They the
14:43
first year and a half, they'd always go into these
14:45
board meetings and then the CFO would be like, Jeff,
14:48
like how much more money do you want to spend on this thing? And
14:50
Jeff's like, how much money do you have to spend? And
14:52
so this is when they're like really unprofitable and everyone's
14:55
making fun of them, right, but like
14:57
that's the amount of guts to take sometimes to bet
14:59
on something where you have no idea where it's going to go. But same
15:01
story with the fire the fire phone. You probably don't remember
15:04
what that is. I know what it is. Yeah, that did
15:06
not work out. It didn't work out, So Kindle in the
15:08
long run did not work out. No, I don't use my
15:10
Kindle anymore. But that also goes
15:12
to show you the power of an influencer again with Oprah.
15:15
Yeah, do you know why Kindle got crushed?
15:17
You know, crush Kindle? I just I don't
15:20
know. I just go back to reading books. But why the tablets?
15:23
I can't read on a tablet, you
15:25
can't. No, but a Kindle is the
15:27
same thing. No, it's different because the e
15:30
ink it feels like you're reading like a like
15:33
an actual book. It doesn't hurt your eyes as much, and
15:35
the battery lasts forever. That's what made it revolutionary.
15:37
You can adjust the iPad settings on
15:39
the monitor. It hurts after a while still for
15:42
you, even if you just use it in general for a long
15:44
time, does it hurt? Yeah, I don't have that problem.
15:46
Well, i've Lasik. Maybe that's the problem I have Lasik
15:48
as well. Oh, yeah, you have better Lasik. I
15:50
don't know if I have better Lasik, but I think everyone's
15:53
different. But the point I'm making is
15:55
if you look at the Kindle, I remember
15:57
when it first came out, I wasn't the first one
15:59
with this high I bet you Apple and others
16:01
thought about it years or right when Kindle first
16:03
came out. I was just like, this
16:05
would be really cool if it was a thin computer like
16:07
this and it had a you know, touchscreen
16:11
and a keyboard and everything, and it could
16:13
just be really easy to use for a
16:16
computer. And iPad
16:18
pretty much did a better version of
16:20
what I was thinking. And I wasn't thinking of it for
16:22
Apple. They were thinking ahead of me, and
16:25
that was really crushed the Kindle.
16:28
But that is it for today. Please don't forget
16:30
to rate, view, subscribe, go to marketing school dot
16:32
ioslash agency if you want to join the Agency
16:34
Owners Association. That's a group Neil and
16:36
I have to help agency owners grow. And yeah,
16:39
we'll catch you later.
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