Episode Transcript
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0:00
But I just knew that I didn't want to go into debt
0:02
for , like a business I'm like the whole point
0:04
is I'm supposed to make money , not like lose
0:06
money . Of course you know you
0:09
still have to spend a little bit money up front , but
0:12
it's just a lot more attainable , I
0:14
think , with an online business and
0:17
, of course , the less money you have to spend on the business
0:20
, the more money you're actually making or keeping
0:22
.
0:23
The journey to wealth is a long walk and
0:25
some may walk quicker than others , but what good
0:27
is sprinting to the finish line if you pass out
0:30
when you cross it ? On Walk to Wealth
0:32
, we enlighten and empower young adults
0:34
to build wealthy , abundant lives
0:36
. They say the journey of a thousand
0:38
miles begins with a single step and
0:41
your first step starts right now
0:43
. This is Walk to
0:45
Wealth with your host , John Mendez
0:48
.
0:51
Hey everyone , welcome back to the Walk to Wealth
0:53
podcast . If you're tuning in on YouTube or
0:55
any of the podcast directories , make sure to do
0:57
yourself one teeny , tiny little favor and
0:59
make sure to give us a follow , because
1:01
I don't want you to miss out on any of the amazing guests
1:03
I have coming on this year . Without further
1:06
ado , let's get right into this one . Sarah
1:08
, for anyone that hasn't had the opportunity to meet
1:11
you yet , to get to know you , to follow in and hear
1:13
about what you have going on , tell us your elevator
1:15
pitch Now . Who are you and what do you do ?
1:18
Yeah , so I'm Sarah St John
1:20
. I have a podcast
1:22
called Frugal Prenuer , which is about building
1:25
a business on a bootstrap budget , and
1:28
I also help people launch
1:30
, manage , market and
1:33
grow their podcast as well .
1:36
Amazing . So , sarah , so I got
1:38
to meet you back at Podfest . So I'm
1:40
not sure if I shared the story of how I landed
1:42
my first I think I might have of how I
1:44
landed my first keynote , which was at Podfest
1:46
. It was the little Petra Kucha speech
1:48
and it was 20
1:51
slides , 20 seconds , and it was
1:53
the most like , probably
1:56
like exhilarating thing that I've done
1:58
. That hasn't been like a theme park or anything like
2:00
that since , like playing football
2:02
back in high school , like I never stood in front of
2:04
that many people before , and I think
2:07
it was a packed room . I think if they said it was about 200
2:09
people in that room . And so it was like
2:11
super fast paced , full
2:13
house and I was up there and I still remember like it was
2:15
yesterday . I came back to sit next
2:17
to you and you were recording for me
2:20
and I remember that
2:22
I think you it was you that told me that
2:24
the MC I forget her name
2:26
, I'm so bad with
2:28
names . I just know that she's Andrew's
2:30
wife , but the MC she had asked
2:32
me to hop on the pot , her podcast
2:34
, but because I had so much like
2:36
pretty much excitement
2:38
in adrenaline , I didn't hear anything . She
2:40
said as soon as I , like , I got the
2:43
mic , I just blanked out . But , sarah
2:45
, tell us you know your , your backstory a little
2:47
bit . For anyone who hasn't got the opportunity
2:50
to get to meet you yet , take us back in a time
2:52
machine . What was money
2:54
like ? What was entrepreneurship like growing up
2:56
?
2:58
Yeah , so I mean I feel like
3:00
I've always been an entrepreneur
3:02
at heart , but I didn't realize
3:04
it until I
3:06
was , I guess , in my 20s
3:09
. But I mean
3:11
, I was selling candy and pencils
3:13
and stuff that I got for free somehow
3:15
and would turn around , sell them to
3:17
friends , and you know , there were
3:19
all these little signs along the way , but
3:22
it just didn't register . Because I was
3:25
told you know , go to college , get
3:27
a degree , do a nine to five
3:29
, blah , blah , blah . Well , in 2008
3:32
, I had had six different
3:34
jobs that year not at the same time
3:36
, but throughout the course of the year and realized
3:38
that I didn't really like working for other people
3:41
. So I
3:43
launched a photography
3:45
business , because that
3:47
was kind of what I was into at that time . But
3:50
I realized that
3:52
it was expensive to maintain , you
3:55
know , equipment and software and lighting and just
3:57
all the stuff . So I decided
3:59
, okay , I think I want to switch to something online
4:02
Because there's a lot less overhead
4:04
. And I
4:07
tried all kinds of things drop shipping
4:09
, affiliate marketing , blogging , print
4:12
on demand , all these different things . So
4:14
but nothing really stuck
4:17
. And so , but it was through that process
4:19
I discovered , like all these free or affordable
4:22
tools , resources and software that people
4:24
can use to run an online business
4:26
on a budget . So I got
4:28
the idea to write a book called
4:30
Frugalpreneur and
4:33
then I decided to launch a podcast
4:35
, also called Frugalpreneur , to
4:38
kind of coincide with the book , to be an
4:40
extra marketing avenue . But
4:42
I got more attraction leverage from the podcast
4:45
than the book . Plus , I love the networking
4:47
and connections and friendships , all
4:50
of that , and so it
4:53
was originally supposed to just be like 10 episodes to
4:56
help promote the book . But
4:58
that's been over four
5:00
years now and I'm still doing the podcast
5:02
and loving it
5:04
. And now I
5:07
was doing like podcast production for a while
5:09
, but now I'm kind of transitioning into podcasts
5:12
like education , marketing and things like that
5:14
, and so , yeah , kind
5:17
of all in on podcasting .
5:19
That's exciting . I want to talk to you because one
5:21
of the things I always mentioned about myself is that
5:23
I wasn't the typical entrepreneur
5:25
. Growing up Like I wasn't selling candy bars
5:28
or pencils or anything . And I had
5:30
a couple of friends who were right . I had
5:32
a couple of friends who , very early
5:34
on , were like flipping sneakers
5:36
and they will go in like a couple shoeboxes to like
5:38
a sneaker convention and come out with like 10 and
5:41
I come out with like a wagon behind them . It's
5:43
like I don't know what you guys did in there , but
5:45
they just they just knew
5:47
what to do when it came to like selling
5:49
sneakers . And so it's like let me ask
5:52
you , at what stage
5:54
of your life did that kind of start to go
5:56
away ? I don't know if you realize it or
5:58
not . Right , what stage did it start
6:00
to go away ?
6:02
Did like what in particular
6:05
go away .
6:05
Like the entrepreneur , like the selling
6:07
pencils and things like that . Did that carry on through middle school
6:09
and high school as well ?
6:11
Or like no
6:13
, I mean , I think it was mainly elementary and
6:16
I think there were probably things
6:18
here and there that I did in junior high and high school
6:20
, but I didn't really , I
6:22
don't know . Like looking back I can't think
6:24
of anything in particular . So I think that kind
6:27
of faded out a little
6:29
bit , not because I
6:32
don't know . I guess I was sticking to that path
6:34
of yeah , figure out
6:36
what your major is and go good
6:38
degree , which I did , get a journalism
6:42
well , just as an associates , but you
6:46
know , but still , like I
6:48
just didn't really think about entrepreneurship
6:51
as an option , really , I guess , because
6:53
they don't really present that really yeah
6:55
, at all At all .
6:56
So let me ask you then so you mentioned
6:58
too that you realize you didn't like working for other people
7:01
and that's when you decided to get into entrepreneurship
7:03
what was the environment
7:06
like around you , like the people in your circle
7:08
and your community ? Like what did they or your
7:10
family maybe , like what did they have to say ? I know
7:12
, for me , when I decided to get off this traditional
7:14
track of going because I was over at University
7:17
of Connecticut , which is like the big
7:19
, like state school here in CT , and I was
7:21
over there having a good old time and
7:23
then a pandemic happened , of course , in my sophomore year
7:25
I decided to drop out and I got a ton
7:27
of whiplash not whiplash backlash
7:30
for doing that , for making
7:32
that decision . I have a typical , like Dominican , traditional
7:35
immigrant family where , like , the
7:37
college degree is like the epitome
7:39
of , like American success . So what was like the backlash
7:42
? Did you get any backlash when you decided to get
7:44
off that traditional track and pursue like entrepreneurship
7:46
at all ?
7:47
Well , I mean , I didn't leave my
7:49
day job initially . It wasn't like
7:52
I quit cold turkey and
7:54
all that stuff . It
7:56
was several years while I was , so
7:58
my different entrepreneurial
8:01
pursuits were more like side hustles
8:03
, I guess .
8:04
Okay .
8:04
Like doing on the side , kind of building them up . It
8:07
wasn't until , you know , recently really
8:09
in the past , I don't know year
8:12
or so , that maybe a little
8:14
bit more , you
8:16
know , but yeah . So
8:19
I didn't really have . Now
8:22
, if I had just like up and quit my job
8:24
and then went down the entrepreneurship
8:26
path , I'm sure I would have
8:28
gotten so much crap for it Because
8:32
, like the
8:35
people I'm around , especially my family , they're
8:37
very , they don't
8:39
like , they're not risk takers , they don't take
8:42
risk and stuff which is so . That's
8:44
kind of how I was raised and grew up and kind of
8:46
the mentality that I had , which
8:50
is probably why it took me so long to actually
8:52
leave a day job to pursue
8:54
. Yeah , but yeah
8:57
, so I didn't get much backlash
8:59
just because I didn't , you
9:01
know , leave that day job initially
9:04
, yeah All right .
9:06
So that's kind of transitioned onto the main conversation
9:08
. So , frugal , right , starting a business
9:10
on a budget . Most of my audience not all of my
9:12
audience , but a good chunk of them are
9:15
people who normally have much money , that
9:17
, like younger , like myself , when trying to get into entrepreneurship
9:20
, don't know where to start . And in other
9:22
portions , people who are a little more seasoned are
9:24
in that you know nine to five , but they already have , you know
9:26
, mortgage bills , et cetera , et cetera , that they have to
9:28
pay for , right . So it's
9:30
like you mentioned a very key
9:32
point . I think probably might have went over a lot of people's heads
9:34
, but you said that you went to
9:37
a digital business because it had less overhead
9:39
, right . So I guess start
9:41
there . Why digital
9:43
business or online business versus
9:46
something more in person and physical
9:48
? What are some of the
9:50
general pros and cons of each ?
9:53
Yeah . So I've
9:56
just found that it's
9:58
just so much more affordable to have
10:00
an online business because
10:03
you don't have to worry about a
10:05
building or you
10:08
know utilities beyond like you
10:10
know your normal ones that you'd have anyway
10:12
. Wherever you're doing your business
10:14
, you
10:16
don't have extra expenses , I guess . So
10:20
as far as like
10:22
brick and mortar and retail
10:24
and all of that , I just feel like if
10:27
someone has I'm a big person
10:29
on like not going into debt I wasn't
10:31
dead for a while from personal stuff , but that's
10:33
all paid off and so
10:35
but I just knew
10:38
that I didn't want to go into debt for like a business
10:40
. I'm like the whole point is I'm supposed to make money
10:42
, not like lose money . Of course , you
10:44
know you you still have to spend a little
10:47
bit of money up front , but
10:49
it's just a lot more attainable , I
10:51
think , with an online business and
10:55
, of course , the less money you have to spend on the business
10:57
, the more money you're actually making or keeping
10:59
. Now
11:02
, if it's like an in-person business where
11:04
maybe , like you go
11:06
out and meet people but
11:08
you don't have like a
11:10
brick and mortar type location
11:13
, but it's more , so your only expense really is
11:15
travel , like gas and
11:17
whatever , then you know , I think that's
11:19
manageable too , but
11:22
yeah , there's so many things you can do online
11:24
that it just . I
11:28
just feel like that's the way to go
11:30
, in my opinion . No 100% .
11:32
And so let me ask you like , what are for people that
11:34
are going online , because there's so many things
11:37
to you could buy
11:39
, right , you know you could spend . You can buy
11:41
a corset , you could buy domain names , you could
11:43
go get your LLC filed Like
11:48
, what are some of the biggest expenses that people
11:51
don't account for when starting a
11:53
digital business ? Because a lot of people think , oh
11:55
, it's online , I could use my laptop
11:57
or my phone and wifi and I'm good to go and
11:59
think that they could just get up a business up and running
12:01
. In some you know circumstances you can . But like what
12:04
are some of the things that people usually don't account
12:06
for that they have ? They
12:08
end up spending a lot more money on .
12:40
Yeah , well , I like that . You mentioned LLC . I
12:43
do have an LLC and
12:45
honestly that was probably the most expensive thing
12:47
. Besides , maybe like an occasional
12:49
course here or there , that was probably the most
12:52
expensive thing , but it's still . It was
12:54
like maybe 300 . I don't remember
12:56
, it's been years ago , but
12:58
it wasn't like ridiculous . But
13:02
I definitely do recommend that , and of course each state
13:04
I guess differs in how much that'll
13:06
be , but I just
13:09
think it's worth . It's a one
13:11
time fee , you know . So
13:14
I just think it's worth doing , because that basically
13:17
what that does is well , it's called
13:19
limited liability , so like if someone
13:21
were to sue you
13:23
in your business , for example , they
13:27
can only go after business assets , not
13:29
personal assets or personal money or
13:31
whatever . So I think it's worth doing . But
13:34
other than that , I definitely
13:36
recommend having a website . A
13:38
lot of people think they just need a social media presence
13:40
, and that's important too . But
13:43
don't depend or rely just on that
13:45
, because you can't really control it . Like
13:47
it could go away like
13:49
MySpace did . Well , I don't know if you remember
13:51
, I don't know how old you are . But MySpace
13:54
, yeah , I just kind of disappeared overnight a few years ago
13:56
and
13:59
no one saw that coming , and so you
14:01
just never know , like if something could
14:04
go away or like
14:06
they start limiting , like
14:08
people's accounts get shut
14:10
down , like you just don't know . And
14:12
so , definitely , having a place that
14:15
you totally control and own in
14:18
websites , I mean , they
14:21
can be as little as like
14:24
if you did WordPress , that would be free . You
14:26
just have to get hosting , which
14:28
that could be as low as like three bucks , depending
14:31
on who you go with , but three bucks a month
14:33
. Or you could do like
14:35
a Wix
14:37
, a Weebly Squarespace , you
14:39
know some drag and drop
14:41
type thing for maybe 20 bucks a month
14:43
, something like that . So
14:46
it's still very minimal . And , of course , have a domain
14:48
name . And I
14:50
also recommend starting with an email service
14:52
provider as well , so
14:55
that you can get
14:57
leads or will have
14:59
a lead magnet like a free PDF of some
15:01
sort or something like that On
15:03
your website so that people
15:05
can get on your email list . And then for
15:08
email service provider , I
15:10
use send Fox , which
15:14
is free up to a certain number
15:16
of subscribers , and then it's like I
15:18
think it's like 49 bucks one time , or
15:20
is it 29 ? And . But
15:24
yeah , I just love it , especially as a podcaster
15:27
, because you can
15:29
connect your RSS feed to it and
15:32
it'll automatically generate newsletters and
15:34
send those emails out . But yeah
15:37
, those are the things I recommend , like
15:39
getting started , and all of that's really affordable
15:42
100% and another thing
15:44
that's super affordable .
15:45
It's kind of what we're doing now is kind of segue into the next part
15:47
. You mentioned podcasting right , and
15:50
for I think it's fair to say for both of us it's changed
15:52
the course of how our life turned
15:54
out and how our business
15:57
in general turned out . And for
15:59
you , I know you've been doing a lot of amazing
16:01
things as a very recently what
16:04
your podcast , you know , achieved top 200
16:06
on the charts of what is it ? An entrepreneurship
16:09
or business ?
16:11
Entrepreneurship , which I think is a subcategory
16:13
of business In business .
16:15
Yeah , that's something which is extremely impressive
16:17
, and so you mentioned it
16:19
started off as something that
16:22
was just to promote the book , right ? And
16:24
then you decided to carry out further . Take
16:27
us through that journey of the first few
16:29
months podcasting . Like what was going through your head , I
16:31
know , for me I almost became part of like
16:33
that statistic that never makes its past . On
16:35
like seven episodes . Like I had a
16:38
three week period of I was just say , if
16:40
this , I'm done and not post anymore
16:43
, Like what was those first
16:45
few months like for you ? And
16:47
then what was it like after ? You decided to like
16:49
you know what , let me just keep this going . Like
16:51
. What was it like during that time ?
16:54
Oh , I'm trying to remember exactly this
16:56
was 2019 . So
17:00
pre pandemic I think . Actually
17:02
, now that I think about it , I
17:04
think I had like the first seven
17:06
or so episodes out to
17:09
go with the book and then there
17:11
was kind of a gap there of a few months
17:13
and then I picked it back up
17:16
and from that point I kept
17:18
going , especially once COVID hit
17:20
and we were all at home and like whatever
17:22
, like to kind of fill the time
17:24
. I was doing tons of interviews and
17:26
I think it was kind of during that where
17:28
it really became
17:30
a big thing for me and like it was
17:33
during that time that I was able to get like Pat Flynn
17:35
and John Lee Dumas and Jordan Harbinger
17:37
, mike McCallow it's all these bigger
17:39
people in the entrepreneurship space or the
17:42
podcasting space and
17:44
the fact that I was able
17:46
to connect , find a way to
17:48
connect with these people and get them on my show . Plus
17:50
, just you know other
17:52
people that maybe people haven't heard of , but like
17:54
then a friendship kind of forms or
17:56
networking , or like you
17:59
never know who someone else
18:01
might know or how maybe
18:03
you might work together in the future for
18:06
some project or collaboration . I
18:08
mean , there's just so many things
18:11
, so many options and potential
18:13
joint ventures , collaborations
18:16
, networking . It's just , it's
18:18
wild .
18:20
Yeah , no , 100% , and it's
18:22
I was talking to . So one of my friends from
18:24
out here he's a year younger than me . He started a podcast
18:26
because he has a six-figure chess company and
18:29
so he like he has chess , I know , super
18:31
unique , right , like who would have thought
18:33
he helps kids play chess and turn that
18:35
into a business . And so it's like
18:37
he has has a starting a podcast
18:40
now where he plays
18:42
chess with people , and now he
18:44
has a conversation with people and then plays chess with them . Oh
18:47
, interesting . He started off doing it like
18:49
while you play chess , have the conversation
18:51
, but then he started getting too intense to have
18:53
a conversation because , like , they're trying to play chess and
18:55
so the conversation kind of fizzle out . So now
18:57
he's doing it where , like you know , they have a
18:59
talk in the podcast , like in person
19:01
, and then from there they play a quick chess
19:03
game where he asks 30 seconds
19:05
on a clock and you
19:07
have three minutes , and so he's
19:10
really good at chess . So that's why he gives himself less
19:12
time and
19:14
he's doing that now and I was telling him , like
19:16
in the podcast , when he was interviewing me , I
19:18
was like , yeah , this is probably like one
19:20
of the best ideas you had , and I recommend
19:22
this for so many young people because , like , the
19:25
amount of access you can get to people
19:27
when you have a platform
19:29
is insane , because most people say
19:31
, hey , you know , can I have 15 minutes of
19:33
your time ?
19:34
Or hey , can I take you out ?
19:35
to lunch , right . That's what
19:37
most people say , and a lot of time . The more successful
19:39
someone is and the busier they
19:41
are , the harder it is
19:43
to be a cold stranger and get
19:45
them to spend any time with you . It's
19:48
like when you have something . And
19:50
like I just find I love Buzzsprout because , like you
19:53
don't have to be a top you know 10 podcaster
19:55
to technically be a global podcast
19:57
, right , because you can have listeners from everywhere . So
20:00
it's like it's not like you're lying , but you
20:02
know I say you have a global podcast and
20:04
you start reaching out to people as , like I would love to feature
20:07
your story on my show and help get you
20:09
in front of a wider audience Right now
20:11
, which is you're coming from a place of that's
20:13
adding value to their lives , right
20:15
? Instead of you , you know , bugging them for 15 minutes of
20:18
their day , it's you're helping them
20:20
to get their brand , their story , their message out
20:22
to more people . And
20:24
the names you mentioned may not make over
20:26
a lot of people's heads , but those are
20:28
some heavy hitting names . Like Johnny
20:31
Doome is Pat Flynn , like those are some super
20:33
big people in the entrepreneurship space and
20:35
that's extremely incredible to land those type of people
20:37
. And it's like I'm landing . I'm working on
20:39
getting a president of Keller Williams on the podcast
20:42
. Hopefully by the time this goes out , I'll
20:44
have them on . But it's like people I normally
20:46
would have no business talking to , I
20:48
have an opportunity to get to interview and
20:51
it's just amazing because , like it's
20:53
changing everything . So let me ask you
20:55
right , as I said , you started during
20:57
the pandemic like really taking this serious
20:59
. You know , when did the podcast
21:02
start to turn into a business . Like
21:04
when did that start to open up business opportunity ? Because
21:06
, like , interviewing people is one it's great . You
21:09
get to learn , you get to connect , you get to , as you said , do
21:12
collaborations , maybe some joint mentors and some you
21:14
know business stuff with some people . When
21:16
did that start to open up into business stuff for
21:18
you , like what you know period
21:21
? Because a lot of times people think they drop a couple episodes
21:23
and it's like I should be Joe
21:25
Rogan , right , and it's usually not how it goes . So
21:27
, like , when did that ? How did I play
21:29
out for you ?
21:31
I mean , I guess it's been kind of a gradual
21:33
thing , but I would say 2020
21:36
. So I guess maybe
21:38
like a year in a podcasting
21:40
did it kind of go
21:42
and start going in that direction . And
21:45
then it feels like each month
21:48
even well for sure , each
21:50
year , if not each month like
21:52
it's just getting more and more , like
21:55
whether it's the actual growth of
21:57
the podcast or people or
22:00
the connections and networking or the guests
22:03
that you're getting on or the podcast
22:05
you're asked to be on or
22:07
whatever
22:10
. It's just kind of it's a gradual thing
22:12
, but it , relatively
22:15
speaking , I feel like it doesn't take
22:17
that long . It's not . I mean
22:19
, probably no one is
22:21
going to be Joe Rogan , but
22:25
I think I've
22:27
been doing this for years and I think where
22:30
I'm at now , having
22:32
at least spent some time in the top
22:34
200 , it was like 120 something . That's
22:37
not something I ever saw . It
22:41
was never . Like it was
22:43
more of a pipe dream , but it wasn't even
22:45
a goal . It was just you
22:47
know and so . And
22:49
then it's weird , like to
22:52
meet someone and say what your
22:54
podcast is and they somehow know
22:56
you or your podcast and you're like , oh okay
22:58
, you know , just stuff like
23:00
that . And like you were saying
23:02
earlier about how
23:05
the
23:07
ability to have someone kind of big on
23:09
your show , or
23:12
I mean if you were
23:14
to call up whoever
23:16
and say , well
23:18
, first of all , you wouldn't probably be
23:20
able to get in touch with them directly . It'd
23:23
be their assistant or somebody and
23:25
you're like , can I get 15 minutes ? Or
23:27
if you email or like
23:29
you're not first of all , you're probably
23:31
not going to get a response at all . Or if you do , it's
23:33
going to be no . Or
23:35
if it's yes , it's going to be like sure , but
23:37
it'll cost you 10 grand for an hour
23:39
or something . But
23:41
like when you have a podcast now all of a
23:44
sudden and then it doesn't work . For I mean , depends
23:47
on what your show is , but you're
23:49
probably not going to get like the
23:52
president of the US or the
23:54
whoever , something like that
23:56
really high up . But
24:00
the people that
24:03
make sense to have on your show , that you really want to
24:05
talk to and all this stuff , it's
24:07
a lot more likely and you'll get to do it for
24:09
free . Usually 99%
24:12
of the time they'll
24:14
come on for free and it's like it
24:17
adds to your credibility and authority
24:19
. I think to be able to say so
24:22
, and so was on my show , but then
24:24
you also kind of know them a little bit
24:27
and maybe run
24:29
into them like okay , here's an example
24:31
. Are you familiar with Jordan
24:33
Harbinger ? Probably
24:35
yeah , because he's a big podcast guy too . So
24:38
he was on my show and then
24:41
months later
24:43
like I don't know if it was a whole
24:45
year , but it was a while I
24:48
was at I
24:51
think it was podcast movement in Dallas
24:53
last year , I
24:56
think that's the event . Anyway , there was this
24:58
, like you
25:00
know , there's always these after parties or whatever
25:02
, and he was
25:04
at one of them , and so I went up to him and
25:07
I just assumed he wouldn't remember who I am
25:09
, like I'd have to reintroduce myself and all
25:11
this stuff , and he totally remembered . And
25:14
I was even , yeah , sorry
25:16
about that Because , like
25:18
, when he was on the interview with me , for
25:21
some reason my internet no
25:23
, it wasn't the internet , it was my computer like
25:25
just shut down and he only
25:28
had , like I
25:30
think it was 30 minutes , but it was a hard 30
25:32
minutes .
25:33
Yeah .
25:34
So we were kind of approaching
25:36
the end of the interview anyway , and
25:39
there was about maybe five minutes
25:41
left .
25:43
Yeah .
25:43
But it wasn't to where
25:45
it could just end like
25:47
it would be an abrupt end , and so I was like , if
25:50
I can just get him back on for 30 seconds
25:52
to kind of wrap it up . Well
25:55
, my computer's old , I guess
25:57
, and was I don't know what was going on
25:59
. It finally came back up
26:01
when he had literally maybe
26:04
two minutes at most left and
26:07
we were able to like quickly , you
26:09
know , pull it together to where with editing
26:12
you wouldn't know the difference . But
26:14
so I was bringing that up with him . I
26:16
was like , yeah , sorry my computer . And he's like , oh
26:18
, oh , like he remembered
26:21
even that detail , like just stuff
26:23
like that , and you're like wow , okay
26:25
.
26:27
It's one of those things that it's so surreal . Like
26:30
, it's so surreal . There's a guy
26:32
. I just came back for a conference a couple weeks ago
26:34
and I was supposed to have him on the
26:36
podcast but he had to reschedule twice and
26:38
then he was a speaker at the event and
26:41
then I went up to him like hey
26:43
, what happened ? Before I could ask him hey , what happened
26:45
? He's like man , I'm so sorry because he remembered
26:47
me right before , like before
26:51
I even got a chance to say anything to him , and then
26:53
, you know , we chopped it up for about like 10 minutes
26:55
, you know , started talking and I
26:58
ended up giving me a copy of his book and then we're
27:00
actually getting something re on the calendar again to have him
27:02
, to have him on the podcast . It's like
27:04
, as you said , you have to meet some of these people in person
27:06
. It's like this is the same guy that
27:08
was on stage , you know , 20 minutes ago or 30
27:10
minutes ago and speaking , and so
27:12
let me ask you right ? So you got
27:15
the chance to meet tons of amazing people and now you're helping
27:17
, like other entrepreneurs , with their
27:19
business or at least with their podcast , to help that
27:21
grow their business . For anyone
27:23
that isn't in this
27:26
world of podcasting or doesn't think
27:28
it has anything to really do with business
27:30
. And it's like why would a podcast
27:32
help someone grow their business , whatever
27:35
business they may be like , why would someone
27:37
podcast as a marketing stream ?
27:39
Yeah , so I
27:42
think it's a
27:44
must now almost
27:46
for a business . Well , for one , people
27:48
almost expect it now , Like even Wendy's
27:50
has a podcast which seems like
27:53
me like . What are you going to talk about ? Like Burger
27:56
? What about burgers ? I don't know , Um
27:58
, but about McDonald's
28:00
and Burger King ?
28:02
Yeah , fast food .
28:06
So , but that's just an example
28:08
of like . I feel like everybody , every business
28:10
, has a podcast and can
28:12
benefit in some way , because
28:14
the first
28:16
of all , if someone's searching
28:19
, either in a podcast app
28:21
or Google or wherever , so
28:23
it's a way to get found
28:26
, so the , and then the exposure
28:28
as well . And then , especially
28:30
like being a guest on other podcasts
28:32
, whether you have one or not , I recommend
28:35
being a guest on others . But even if you do have
28:37
a podcast , I still recommend that because
28:39
now you're getting exposure
28:43
to their audience and if
28:45
they're already a podcast listener , maybe they'll check out
28:47
your podcast . But I
28:49
just think it's a
28:51
good way because people get
28:53
to know , like and trust you with a podcast
28:56
, because they're listening to you for maybe
28:59
30 minutes to an hour a week
29:01
and plus
29:04
they can do it while they're multitasking , like driving
29:06
or doing the dishes or whatever it is , versus
29:10
, you know , a YouTube video or a book
29:13
or something like that where you have to use your eyes , unless
29:16
it's an audio book , I guess , but for
29:18
the most part , or like a blog , you know , I
29:21
feel like
29:23
it's becoming kind
29:25
of more the go to for
29:28
content consumption when
29:30
someone's wanting to learn something or even
29:32
just be entertained because
29:36
they can do it while they're multitasking
29:39
.
29:39
Yeah .
29:40
And it's just becoming more and more popular
29:43
and like mainstream
29:46
I mean 10 years ago even fun
29:48
, no , five years ago , like
29:51
, a lot of people didn't know what podcasting was
29:53
, or if they did , they
29:55
didn't really think anything of it . But
29:57
now you have like whole TV shows
29:59
that are centered around like have
30:02
you watched only murders in the building ?
30:05
I actually heard of that . Yeah , my
30:07
, literally I was at my my
30:10
best friend's house and she was
30:12
pretty much watching and I think it was like Selena
30:14
Gomez and they have a podcast
30:16
and they cover murders . Yeah , something like
30:18
that , yeah , okay , yeah . So I haven't watched the full
30:20
episode on my own yet , but she kind of gave me like
30:22
the brief overview of what it is .
30:25
Yeah , so I love that show . It's actually my favorite
30:27
show right now and
30:29
but that's
30:31
kind of centered around podcasting . And then there was some
30:33
show like a couple
30:36
of years ago , called what
30:38
was it ? God friended me or something like that
30:40
, but that was based around a podcast . And
30:42
then I think there's some show with Octavia
30:45
Spencer , that's about . I forget
30:47
what it's called , though , but anyway , it's
30:49
like there's more and more just TV
30:52
shows , like not even reality shows
30:54
, but like yeah
30:56
, I don't know , it's just everybody . It's
31:00
like everybody's got a podcast .
31:01
Yeah , and it's affordable
31:03
too , and so . So let
31:05
me ask you then so what does it take
31:07
to start one up ? Like how much money would one
31:09
you know the frugality
31:12
extra , I guess right . So like how could
31:14
someone start their podcast if
31:16
they were on a budget , like , what did they need
31:18
and how much would it cost them ?
31:21
Yeah , so my personal recommendation
31:24
is to start with or
31:26
set aside $100
31:28
and get a USB mic
31:31
like a Samsung
31:33
Q2U for example . That's
31:35
what I use . I think it's like 60
31:38
, maybe 80 bucks , but it plugs right
31:40
into your computer or your laptop , so
31:43
you don't even need to have like an interface . And
31:46
then you'll need podcast hosting
31:49
, and there's several
31:51
different ones . I use Captivate
31:53
, which is like 19 bucks a month
31:55
, but I think there's some
31:57
out there that are as low as like five
31:59
bucks a month
32:01
. And then I mean
32:06
headphones or earbuds , just so that there's
32:08
not echo , which
32:10
most people probably have
32:12
earbuds or headphones . Most
32:14
people have a computer , so
32:17
you can use a lot of things . You already have
32:20
just the mic , the podcast
32:22
hosting service , and
32:25
then I mean
32:27
, really that's all you need starting
32:29
out .
32:31
Yeah .
32:31
And I recommend probably having a website
32:33
as well for the podcast
32:36
, but it's not must
32:38
right , yeah .
32:40
All right , and then from there , right , what's
32:43
like a quick if you can
32:45
give us like a quick , like two minute launch
32:47
strategy ? If you had , we were at a restaurant
32:49
and you only had a napkin to write out a launch
32:52
strategy for someone and they wanted to start
32:54
a podcast . What would you do to get
32:56
as many viewers as possible in
32:59
as little time as possible , with $0
33:01
in budget for advertising or marketing
33:04
spend , aside from getting the actual equipment
33:06
to start up the podcast ? Like , how would you start
33:08
up a podcast ?
33:10
Okay , so not taking into account the
33:12
naming and the cover art and all that stuff , but like
33:14
you're at your launch Okay .
33:16
Let's say you get an idea like all right , you know
33:18
, I'm gonna start a podcast talking
33:20
to friends about sports or whatever it may be . Like
33:22
I got an idea , I'm gonna start a podcast , all
33:25
right , sarah said I need a mic , I need hosting and
33:27
I need a whatever . I thought of a
33:29
name and from there I got the basics
33:31
out the way , like all right , how do I get this on
33:33
the air ? How do I get people listening when
33:36
you're out the gate ?
33:38
Yeah , so to do
33:40
it for free , I would
33:42
recommend , like , submitting it
33:45
to . There's various
33:47
news letters , some
33:50
that are podcast specific , so you could submit
33:52
to them . Or , like , let's
33:54
say it is a sports podcast , you could try submitting
33:57
it to newsletters that have to
33:59
do with sports . There's
34:02
a lot of options that are free and
34:05
then you could also
34:07
submit it . So
34:09
, okay , I'm pretty sure how
34:11
I got in the top 200
34:13
on Apple was because
34:16
it was in the
34:18
. What do they call that ? Is
34:21
it the featured or the must listen or
34:23
the ? I forget the exact
34:25
word . No , not
34:27
that it was . Oh
34:30
, what is the word ? I think it's a new thing that
34:32
they're doing a . Anyway
34:35
, it's not new and noteworthy because that's
34:37
like just for new shows , but it's kind
34:39
of like that oh , essentials , it's
34:41
called the essentials list . So
34:44
and I think how
34:46
I I'm pretty sure how I
34:48
got in there was because
34:50
I had actually submitted something
34:53
to Apple like oh
34:55
, it was well over a year ago , maybe two years
34:57
ago now , maybe more for
35:00
free podcasts and
35:03
there's no guarantee that they'll pick your show
35:05
and who knows how long it'll be . So
35:07
so I'm pretty sure that's how I
35:10
got featured . And then , because I was featured
35:12
, then I got in the top . You know , I started
35:14
getting tons and tons and tons of downloads
35:16
because now I'm in the featured . And
35:19
so there are a bunch
35:21
of like free ways
35:23
to go about getting exposure
35:26
. They're not usually guaranteed . You
35:28
won't always be guaranteed to get
35:31
placement , but you can at least submit it
35:33
to these various places . I think I have a list
35:36
. I need to put down my website of
35:38
different places you can submit to . So
35:41
that's one way . Another
35:44
way would be okay
35:47
, so that's newsletters , but then there's also podcast player
35:49
apps that some of them have the free , like
35:52
Apple , but there's others that
35:54
have a free option . And then
35:56
I also kind of
35:58
have noticed that TikTok
36:01
like starting a TikTok
36:03
channel for your podcast has
36:05
actually worked , more
36:07
so than like other social
36:10
media . So
36:13
, yeah , that would be another thing
36:16
you could do like
36:18
you know , create clips , like video
36:20
grams , of podcast
36:22
episodes with the guest
36:24
or like , and then , if
36:26
they have a Tik Tok you know , tag them . Or
36:29
it wouldn't even have to be like a part of a podcast
36:32
episode , it could just be like a quick tip
36:34
type thing , but
36:37
yeah , so those are a few ways to kind of get
36:39
started for free
36:41
and get some exposure
36:43
.
36:44
Okay , and then let me ask you this right
36:46
, you mentioned podcast guesting
36:49
. We said , regardless of whether someone has a podcast
36:51
or not , they should be hopping on podcasts
36:54
. Is it good for your business ? You know what are
36:56
some ways that you would . You know some
36:58
do's and don'ts , because , of course , you had tons
37:00
of people who are now pitched to be on your show , right , probably
37:03
a bunch of agencies , assistants , probably
37:06
people themselves , probably secretaries
37:08
, probably a whole bunch of people that have reached out , and
37:10
you probably had some good pitches and pitches that
37:12
, just , you probably don't even open , right ? So it's like
37:15
what are the do's and
37:17
don'ts when asking someone
37:19
to hop on their podcast ?
37:21
I think , keeping it as short as you
37:24
can , because sometimes you'll get pitches
37:26
from people and it's usually
37:28
not even well . First of all
37:30
, if someone's pitching me and it's not even the guest
37:33
and it's like an agency or something , I'm
37:35
not as likely to take
37:38
them on anyway . But
37:41
some of the pitches are so long
37:43
like I don't even read the whole thing . It's like 10
37:46
paragraphs . Well , okay , like three paragraphs
37:50
, but I would recommend
37:52
like maybe three
37:54
sentences or something like
37:56
a brief thing about you
37:58
, but focusing
38:01
more on , like
38:03
the topic . If you can
38:06
come up with like an episode
38:08
title and like the exact
38:11
thing that you'll be talking about . I think that that's
38:13
helpful as well . And
38:17
then , as far as like fine , like if you're doing
38:19
it on your own , you're not hiring an agency to do it
38:21
, which I recommend
38:23
doing it on your own there's
38:26
tons of platforms out there , like Podmatch
38:29
and there's at
38:31
least a handful of different ones , where you can find
38:33
shows that are accepting guests
38:36
and you can pitch directly
38:38
on those platforms .
38:40
And then I wanted to ask you to because
38:43
, as I said , you've been podcasting
38:45
now for a while what are some things that
38:48
helped you make
38:51
the process easy to continue ? Right
38:53
, because , as you know , we talked about it earlier a bit as
38:55
well right , we both almost podfated
38:58
. We both had that situation where it's like we almost
39:00
had our podcast go into the podcast
39:02
graveyard and never pick it back up . Like
39:04
, what have you learned now ? So anyone who wanted
39:07
to start a podcast to grow their business , right
39:09
, like , what are some of the things you
39:11
would suggest that would help
39:13
them make this process as easy
39:16
to continue so they don't get burned out or podfated
39:18
or whatever may happen ?
39:20
Yeah , so the first thing I'd recommend is
39:23
batching . So whether
39:25
that's batch recording or batch
39:27
editing , batch
39:30
scheduling batch
39:33
everything right . Yeah , batch everything
39:35
. So maybe
39:37
do several interviews in a
39:39
day , or at least maybe in a week , and
39:41
then , or if you're editing
39:44
your own show , like try to
39:46
edit a few episodes
39:48
at once and then maybe try to go ahead and schedule
39:50
them out in your podcast hosting provider
39:53
so that you don't even like
39:55
have to think about it . So that would be
39:57
one recommendation . Another
40:00
one , and that would be more of like , if you're doing
40:02
it all on your own , but
40:05
, like you could also hire somebody
40:08
or a company to do it
40:10
, so all you have to do is just show up and
40:12
record , in which case you could still batch your
40:14
cord , but when it comes to like , editing
40:17
and publishing and posting , and
40:19
you could hire someone else
40:21
to do that , so you're
40:23
not as likely to podfade that way .
40:27
Yeah , I went to episode
40:29
I think 104 before I got any help . What
40:31
about you ? How long did it take before you had to ? You
40:35
got help on board .
40:37
Okay , so like I have actually been
40:39
doing it mostly
40:41
myself , really
40:43
, Because I like over 200 episodes
40:46
in now , almost at 200
40:48
. Yeah , because I just I
40:50
just like it , but I don't know
40:53
, maybe it's a control issue . I there's
40:55
like a certain way like to do
40:58
things , but I do use AI
41:00
now for like show notes , transcripts
41:03
, descriptions , whatever
41:05
. So that definitely speeds . Like I use descript
41:08
for the editing
41:10
which is
41:12
speeds it up , and then
41:14
like cast
41:16
magic for all the other stuff , and
41:20
yeah , so it's like , even though
41:22
I'm doing it myself . So maybe that's another thing I
41:24
could suggest is like , if you are
41:26
going to do it yourself , utilize
41:29
some AI stuff , like and it's
41:31
not gonna be perfect , you'll still have to go and tweak a few
41:33
things here and there , but it does save
41:36
a lot of time .
41:37
No , 100% . And so , sarah , you dropped a lot
41:39
of nuggets about podcasting , how that applies to
41:41
business , how you can help on other people's shows , how
41:43
you can start your own show . Right , where
41:46
could we find you at ? Where can we connect with you ? If you wanted to get
41:48
to hear more about what you have going on
41:50
around your podcast , or even check out your website
41:52
, Like , where could you find you ?
41:54
Yeah , so for
41:57
the podcast you can just go to frugalshow
42:00
and then it
42:02
has all the different platforms you can listen on or
42:04
you can just search for it in whatever app you
42:06
use for GoPreneur
42:08
. And then as far as me
42:10
and what I'm doing in my businesses and stuff
42:13
that kind of are all around podcasting is
42:16
thepodplanetcom .
42:19
All right , and now it's time for our famous five . So
42:21
question number one . We're gonna get right into this
42:23
one . What is the most impactful
42:25
lesson that you've learned in life ?
42:28
So this is one I've just recently
42:30
kind of learned or figured out is to
42:33
trust your gut , like
42:35
your heart and your mind , regardless
42:37
of what it is , could
42:39
be deceptive or deceiving , or like
42:42
it's not always right , so , but
42:44
you can usually tell in your gut
42:46
, like in your body , what
42:49
you should or shouldn't do , or like
42:51
something doesn't seem right about
42:54
this or seems off or whatever
42:56
. So , yeah , trust your gut .
42:58
What is the most admirable trait a person can
43:00
have ?
43:02
So there's several , but I
43:04
guess , if I had to pick one , it would probably be honesty
43:06
, because I kind of feel like if there's
43:09
not honesty , then do
43:11
any of the other traits matter .
43:14
Go point . If you had to change
43:16
someone's life with one book , which book
43:19
would you recommend ?
43:20
So there's tons of books I love
43:22
, but keeping in you
43:26
know that this is like a walk
43:28
to wealth type podcast there's
43:31
probably three books actually . Can I give you three
43:33
books ? Give us three , so
43:36
, and the first couple you've maybe heard of
43:38
, probably , but the third one probably not . So
43:41
the first two I will teach you to
43:43
be rich by Ramit Sethi
43:45
. Secrets
43:47
of the Millionaire's Mind by T Harve
43:50
Ecker , and
43:52
how to be a Capitalist
43:54
Without Any Capital by Nathan
43:57
Latka .
43:59
That's a nice title how to be a Capitalist Without
44:01
Any Capital ?
44:02
Right , actually , that book
44:04
I saw in an airport . I
44:07
had never heard of the book , I had never heard of the guy
44:09
and I was just when
44:12
I get to an airport I get there early and I like
44:14
to look at the little shops and
44:16
the books and whatever and
44:18
that one really stuck out to me and like
44:20
usually , you know , because I'm
44:22
a frugalpreneur , I will buy
44:24
stuff on Amazon because it's a lot cheaper than
44:27
in an airport . But it captivated
44:29
me so much I was like you know what ? I'm going to pay twice
44:32
as much for this book so I can read it on the
44:34
plane . So I did .
44:35
Yeah , amazing . So let me ask you what is
44:37
the legacy that you're trying to leave behind ?
44:40
I would say to help other entrepreneurs
44:44
or frugalpreneurs to
44:46
successfully launch
44:49
a sustainable and
44:52
budget friendly business .
44:54
And for someone or anyone that wanted
44:57
to embark on their Block 12 today
44:59
, what is the first step you recommend
45:01
they take ?
45:02
I would say the very first thing would be to get out
45:04
of debt , because if
45:07
you're still in debt it's kind of
45:09
hard to really accumulate
45:11
wealth or get a business
45:13
going . I feel like that's
45:16
the first thing you really need to do .
45:18
Get a debt . All right , Sarah . Well
45:20
, that is our time here . Thank you
45:22
once again for hopping on
45:24
. I'm looking forward to catching up with you over our podcast
45:27
movement by the time this drops . It will
45:29
be long gone , but still looking forward to seeing you
45:31
to the next week and thanks again for hopping
45:33
on the show .
45:35
Thanks so much for having me .
45:39
You've now finished taking the first step . Now
45:42
let us help you take the next one . Subscribe
45:44
to our newsletter at walk2wealthcom
45:46
. That's Walk the Number Two Wealthcom
45:49
, so we can keep you moving on your journey . We'll
45:52
see you on the next episode of Walk to
45:54
Wealth with John Mendes .
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