Ep 164 Alex Blumberg, the host of StartUp and CEO and co-founder of Gimlet Media. Listen as Nathan and Alex talk about the Freedom Journal, a notebook designed for users to set and accomplish their goals effectively.

YOUR $100: Remember to subscribe to the show on itunes then text the word "nathan" to 33444 to confirm that you've done it to enter to win $100 every Monday on the show. Do this now. Stop reading this and do it!

Click here to join the top tribe and instantly learn how Nathan made his first $10k at 19 years old: http://nathanlatka.com/startertribelive

Top Entrepreneurs join Nathan Latka daily inspired by, Art of Charm, Pat Flynn, John Dumas, Entrepreneur on Fire, Chalene Johnson, Lewis Howes, School of Greatness, HBR Podcast, the StartUp podcast, Mixergy, Andrew Warner, AskGaryVee, and the great hosts of BiggerPockets!

3 Key Points:

As podcasts grow as a medium, expect to see an increase in production value and overall quality.
Advertising on podcasts is extremely straightforward because sponsors can clearly evaluate how many people they’re reaching.
For even seasoned veterans like Alex, creating a quality podcast can take a lot of time, money, and manpower (6 months, 100K, varied staff).

Time Stamped Show Notes:

01:00 – Nathan’s introduction to today’s show
01:37 – Alex joins the show
01:49 – Gimlet is a digital media company that focuses primarily on audio.
02:27 – Alex and his team at Gimlet has raised 6 million for the business.
04:08 – His podcast StartUp generates revenue through ads.
06:05 – Alex estimates that his CPM on this podcast is higher than the average radio station.
06:28 – As podcasts as a medium mature, Alex expects them to grow in production value.
07:05 – Alex describes his 6-month process when creating a new podcast.
07:55 – It takes roughly 100K from start to finish when making the first episode.
09:18 – Alex’s old colleagues from his career in public radio have come to work at Gimlet.
10:40 – Each individual show produced by Gimlet Media generally has its own team.
13:22 – Alex uses SoundCloud to keep track of listeners for a particular audio.
14:39 – Advertising on podcasts is very straightforward and works well for Alex’s sponsors.
15:49 – Sponsors advertise in accordance to a contract with Alex’s podcasts.
17:09 – Alex makes over 1 million dollars per podcast.
19:16 – Famous Five

Resources Mentioned:

Growth Geeks – The way Nathan hires growth hackers on a per project basis for things like info graphics, blog posts, and other growth projects
Gimlet Media – Alex’s business
@abexlumberg – Alex’s twitter
LinkedIn – Alex’s LinkedIn
Creativity Inc. – Alex’s favorite book
Mark Zuckerberg – CEO Alex follows
Steve Jobs – CEO Alex follows
Google Docs – Online tool John uses.

Famous 5

Favorite Book?— Creativity Inc. – by Ed Catmull and Amy Wallace

What CEO do you follow?— Steve Jobs and Mark Zuckerberg
What is your favorite online tool?— Google Docs

Do you get 8 hours of sleep?— No
If you could let your 20 year old self know one thing, what would it be?—Be more patient.

Listen to The Top if you want to hear from the worlds TOP entrepreneurs on how much they sold last month, how they are selling it, and what they are selling - 7 days a week in 20 minute interviews! Join the Top Tribe at http://NathanLatka.com/TheTop

The Top is FOR YOU if you are:

A STUDENT who wants to become the CEO of a $10m company in under 24 months (episode #4)

STUCK in the CORPORATE grind and looking to create a $10k/mo side business so you can quit (episode #7)

An influencer or BLOGGER who wants to make $27k/mo in monthly RECURRING revenue to have the life you want and full CONTROL (episode #1)

The Software as a Service (SaaS) entrepreneur who wants to grow to a $100m+ valuation (episode #14).

Your host, Nathan Latka is a 25 year old software entrepreneur who has driven over $4.5 million in revenue and built a 25 person team as he dropped out of school, raised $2.5million from a Forbes Billionaire, and attracted over 10,000 paying customers from 160+ different countries.

Oprah gets 60 minutes or more to make her guests comfortable to then ask tough questions. Nathan does it all in less than 15 minutes in this daily podcast that's like an audio version of Pat Flynn's monthly income report. Join the Top Tribe at http://NathanLatka.com/TheTop

King of Podcasts Tells Us How He Launched 5, Made Millions, with Alex Blumberg of Gimlet Media

SaaS Interviews with CEOs, Startups, Founders