This article was originally published under Read Write.
Itโs no secret that podcasting has surged in popularity in recent years. If you run a business, youโve probably been advised to start a podcast (maybe you already have!).
There are still skeptics, but podcasting has established itself as a mainstream medium, and thereโs no reason why it wonโt be here in the long term.
The business reasons for starting a podcast donโt really need repeating here, but you probably know that it can raise your profile, help you form deeper relationships with your customers, connect with thought leaders in your nicheโฆthe list goes on.
Itโs certainly valid to start a podcast purely from a business perspective, after all, you should always consider the ROI.
At the same time, starting a podcast purely for business reasons is a bad idea.
Why?
Because your podcast will lack authenticity and passion, two things that are difficult to fake.
And, if you try to fake them, your audience will smell it a mile away.
Before you start your podcast, picture your dream guest.
Who, out of all the people in the world, would you love to sit down and chat with the most? Who could teach you the most about your niche? Who would tell the funniest stories?ย
When I started my podcast, my dream guest was Jay Abraham.
Now, Jay is highly sought after. He is the highest paid marketing consultant in the world, and he has made billions of dollars for his clients.
He doesnโt need to go on a podcast to get exposure. Approaching him to take an hour out of his day to do an interview is a big ask.
But thatโs exactly what I didโฆ
And, it paid offโฆ Big time.
Jay agreed to appear on the eighth episode of my Marketing Speak podcast, and itโs still one of the best episodes Iโve done.
Iโd say thatโs due at least in part to my deep personal connection to Jayโs work.
Since then, Iโve interviewed Jay for my other podcast, Get Yourself Optimized, and Jay has interviewed me, and I even interviewed Jay on his podcast!
Heโs no longer just an author and speaker I admire: heโs part of my community. And the knowledge Iโve gained from that relationship has been immense.
Of course Jay wasnโt the only person on my list of ideal guests.
Since starting podcasting in 2015, I have interviewed dozens of fascinating people, including Seth Godin, Cameron Herold, Jay Baer, Tim Ferrissโฆ and many more.
I sought out these people because I was passionate about their work. And, in turn, my podcast attracted others who were passionate about the same issues: SEO, marketing, productivity, self-development, and business growth.
Starting a podcast gave me an incentive to seek out the people I most admired and allowed me to create my very own community of innovative thinkers, people I could tap into when I needed advice, guidance, or a fresh perspective on an issue.
You could say running a podcast was like creating my own personal mastermind.
They say that youโre the average of the five people you spend the most time withโso why not use your podcast to spend time with truly remarkable people?
I understand that for some people, their business doesnโt necessarily align directly with their personal passions. But thatโs just an excuse to get creative.
Say youโre an accountant who is also a huge music fan. Maybe you could interview musicians about the business side of being a rock star. You might be able to get interviews with some of your favorite bands, while also generating a reputation as a โmusicianโs accountant.โ
You can also spice things up by coming up with unusual hooks for your podcast episodes. Using the accountant example again, you might do an episode on the most bizarre taxes in history where you interview an economic historian.
Whatever your podcast is about, you should avoid just going through the motions. The things that ignite your passion will also ignite passion in the audience.
Another thing to consider is that podcasts take time, money, and hard work.
People say that podcasting is easier than blogging. That may be true, but thereโs still a ton of research, editing, and promotion that goes into a successful podcast.
If youโre doing weekly episodes, thatโs a big chunk of your time right there.
Itโs also notoriously difficult to monetize podcasts. If youโre catering to a particular niche because you think it will be more lucrative, think again.
Do you really want to make a huge investment in a topic youโre personally not that interested in?
I doubt it.
Instead, use your podcast to seek out your tribe.
Forming genuine relationships with people you respect is a far better way to go about bettering yourself and building your network than chasing surface level connections with people you feel obligated to talk to.ย
