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How To Conduct A Quality Podcast Interview In 7 Steps

by Paul Joseph June 6, 2011 Featured

Six months after starting this blog back in 2005 I purchased what at the time was a cutting edge MP3 player, called an iRiver. It was a 20GB HDD MP3 player, a principal competitor to the dominant iPod. I didn’t get an iPod because I wasn’t a mac user yet. I wasn’t a fan of itunes (I’m still not a fan) and I hated the way iPods were “jailed” to itunes. My iRiver was essentially a portable hard drive that I could stick any file on and carry with me. If it was a music file it would play it, no questions asked. I Discover A Microphone One of the features of my iRiver, which initially I ignored, was a tiny little microphone. It didn’t look like more than a dot cut out of the plastic case. That dot would be my doorway into the world of podcasting . If you are not familiar with what exactly podcasting is, I recommend you start by reading the introduction I wrote a few years ago here – What is a Podcast and How Can I Use One? Using my iRiver I recorded spoken audio – just me talking into the mic – that I uploaded and distributed on my blog. If you want to hear how much of a novice I really was, you can find my early recordings listed on the Podcast page right at the bottom of the sidebar. Fast forward to today and I have recorded more than 70 episodes of my show, most of which are interviews with other entrepreneurs. I stopped using the iRiver a long time ago, however podcasting remains one of my favorite methods to produce content on my blog. It’s a great tool for meeting other experts, learning from them and providing value to your audience. Podcasting is also a fantastic marketing technique . My podcasts are often shared between friends and sometimes when I interview someone prominent they link back to my site to inform their readers about it. It’s quick, relatively easy, makes for fantastic content and brings traffic to you. Of course all of this rests on your ability to produce a great podcast interview, so let’s take a look at how you can do that next… 7 Steps To A Successful Podcast Interview I’ve listened to a lot of podcasts from my industry and I’ve noticed that many of them, although providing some value, are often let down by the quality of the questions asked by the interviewer. I’ve compiled the following seven steps to help if you are considering running a podcast and interviewing people. These tips represent what I have learned as the best techniques for you to get the most out of the people you interview. The better an interviewer you are, the better the quality of your podcast, and thus your audience will really benefit from the content and share it with others. Here we go… 1. Equipment: What software and hardware I use I’ll cover this first since people always want to know what tools I use to record my podcast interviews. I have a Apple MacBook Pro 15.4-Inch Laptop . I have a fantastic mic, Snowball USB Microphone by Blue Microphones , which slots into any USB port and should instantly be available in any software you use (you may have to select it in the audio options). I usually plug in a standard set of iphone/ipod headphones when conducting interviews so I can block out the ambient noise. That’s all I need for hardware. For software I use Skype to call the person. Sometimes I use the SkypeOut function (you can call any phone with SkypeOut, but you will need Skype credit to do so), but most of my interviews are Skype-to-Skype. I just ask for the Skype username of my interviewee, we arrange a time and then connect. The benefit of Skype-to-Skype is the digital connection makes for better sound quality. You can also use Skype video to record video interviews. To record the call I use Call Recorder , which is a Mac only program for recording skype. Before switching to Mac I used Skype and the software Pamela to record my interviews using PC. Today for efficiency I record my calls and will say an intro and outtro at the start and end of the interview to remind people that they can get more podcasts from my blog. By doing this I don’t need to edit any of the interview post call, I can just take the raw .MOV file, convert it to MP3 using iTunes ( here is how to do this ) or any MP3 converter (I sometimes use Garage Band ) and upload it directly to my server. If something goes wrong during the call and I need to stitch two files together, or edit in an intro (I used to add theme music to my earlier podcast episodes), I use Garage Band that comes with Mac. When I was a PC user I used Audacity to do all my post-production editing, which is a free download. Currently I set my MP3s to MONO at 128kbps during the conversion process, which results in a high quality sound at about one megabit per minute in size (60 minute podcast is roughly 60meg download). If you are worried about filesize you can drop this to 64kbps or 32kbps and still retain quality. I upload the MP3 to my Amazon S3 account for streaming media using Bucket Explorer , set the permissions to public, generate a download link and then take that link and place it into my blog post. I use the Audio Player plugin for WordPress to generate a streaming file version that looks like this – I also link the URL to a plain hypertext download link so people can save the file to their computer. I write a little description of the person I interviewed, highlight the best parts of the interview, add a photo and click publish. Done! Now let’s talk about how you can convince people to come on your podcast as a featured interview… 2. How To Convince Famous People To Come On Your Podcast The first piece of advice I recommend when it comes to convincing people to be your next interview victim is to simply ask them . Nine times out of ten this has resulted in a “yes” for me. If you approach really really famous people obviously you will face more resistance. It’s a smart idea to not approach the big players until you have some history behind you. This gives you the opportunity to practice, and also build some audience. It’s easier to convince someone to come on your podcast when you can say certain other respected people have already come on and you have X number of listeners. I also find referrals are a great doorway into the world of certain people. If you can’t reach someone directly, get to know a friend of theirs and ask for an intro. The more well known you are, the easier it is to convince people to join you for an interview. Networking works. Most of the people I interview either I meet in person at networking events. I’m introduced to through networking online, or I approach them after reading about them on another blog or website. Some, like Tim Ferriss , come to me when they have something to promote, and if I think their story is interesting enough I will record an interview with them. 3. Focus On Your Audience There is one thing I want you to keep in mind the entire time you are on the call with your subject: Who are your audience? Just like when marketing your products and services in your business, you need to have a strong understanding of what your customers needs and wants are, where they come from and what language/style they use to describe their problems, when conducting a podcast. You need to consider all these things when interviewing. The better a job you do of this, the more popular your podcast will become. One of the key mindset shifts I make while conducting an interview is to get into the shoes of the “avatar” of my target audience. The avatar is an example of the typical person who listens to my calls , and in my case I always focus on beginners who want to learn how to start a business and make money online. While interviewing I think about whether the questions are being answered in enough detail for a beginner to understand. If the steps aren’t explained, or no examples are given, I ask the person I am interviewing to break these things down. This works particularly well when I am personally curious because I want clarity too. For example, when conducting an interview recently with Scott Valdez , he explained how within two weeks of starting his business he had more customers asking to buy his service than he could handle, so he had to create a waiting list. Naturally I asked him how this happened and he said the story behind his business (Virtual Dating Assistants) was picked up by various media outlets, including television coverage in the USA. If you’re like me, you’re probably wondering exactly HOW Scott managed to get this much press coverage. So that’s exactly what I asked him. He then proceeded to break down the process of how he went online and found the contact details for 150 journalists and emailed them all a template about his story. He even explained how he found the contact details, giving enough detail that a listener could replicate what he did. This level of detail is important, and most people you interview won’t automatically break things down for you. You need to ask them and keep asking them until you have the specifics. To help you do this, drop your presumptions and knowledge about the person you are interviewing and become your target audience . Then you will know what level of detail you need to dig out of the person you are interviewing. 4. Begin The Story: Find Out Where They Came From A key lesson I learned about conducting quality podcast interviews is to see the person you are interviewing as a story . You are there to help facilitate the revealing of their story to your audience. To begin this process I always ask my subjects to go back in time and take us through their lives to bring us up to date on their current project. Everyone I interview has some kind of key theme, something that makes them special and a real success story. Revealing how they became successful is important, and discovering how they came to the place of success by digging into their past is a great way to begin a story. I usually ask my interview guests questions like this at the start of the interview – Where they were born What schooling they had and if they did any university studies If they had any jobs before becoming entrepreneurs How they developed whatever skill or speciality they are know for If the had any businesses/websites before the current project You can use these questions as is or adapt them for your interviews. They should lead you to the next step, talking about their current success. 5. Find Out The Secrets To Success Once you break down the history of your interview subject you can move on to the core reason you brought the person on the call. This part of the interview focuses on whatever successful project or reason that person is famous (or infamous). I find every person I interview usually has two “secrets” to reveal when it comes to whatever they are successful at. What practical steps they did and in what order to get the result they achieved What mindset/strategy sets them apart and was responsible for their success You have to be careful to cover BOTH aspects, not just one. Talking strategy is great, but often it’s more inspirational than practical. It gives people hope and motivation, but they don’t have anything they can actually take away and do. The practical steps make your podcast a training tool as well as a source of inspiration and ideas. 6. Wrap Up The Story And End With A Summary Once you have broken down the entire process your interview guest went through for their current success and revealed their life story leading up to that success, you can begin to wrap up the interview. I like my interviews to go for 30 minutes to an hour at most , so I always keep an eye on the clock to see how things are progressing. Towards the end of the interview once I have everything about the core story explained, I use the remaining time to fill in any gaps I may have picked up on while the interview progressed. Often I’ll pick up on something that wasn’t fully explained but it wasn’t appropriate to stop them at that point. For example, I might ask them to explain their marketing technique in more practical detail, or talk about how they found their business partner, or even simple things like who built their website and how they found the people who work for them. Having run a business myself I’m naturally curious about certain key things that I consider the major challenges, things like – Technology Marketing How to find good people and what to pay them How to find good partners and structure partnerships Exit strategies, including finding buyers and completing a sale Obviously these questions are relevant to the entrepreneurship industry. You should consider what are the major challenges in your subject area or you have personally experienced and whenever they come up during an interview, make sure you ask your guest to explain how they dealt with the issue. Once you reach the end of the interview or at any point where the guest has explained multiple processes and experiences, I like to reflect back a summary . This serves a few purposes: It helps recap, sequence and clarify the points for the audience (and yourself – it makes you an active learner while doing the interview) It may trigger further explanation points for you to ask or your guest to bring up It ends the story-telling loop , meaning you can move on to the next chapter in the story or move to conclude the interview I end all my interviews by asking my subject to list any websites or resources of their own they want to promote. I sometimes ask them to explain what they are doing next (plans for the future), or talk about what a day in their life currently is like (again focusing on specifics) or ask if they have anything to say to a person listening to them who is at the start of the process they just went through. That last question is a great ending point because it’s always motivational and speaks directly to the listener . It’s nice to end on a high that leaves the listener eager to get out there and take action. 7. Ask How As Often As You Can The final piece of advice I have for you is to always ask “ how ” whenever you don’t understand how something was done during the interview. This one tip on some levels is all you really need to be a good interviewer. If you keep asking how , drilling things down, you will keep opening new doors to ask how about. Most people are vague or very generic when they say they did something. Some of my guests have initially been very brief when answering my questions. I might ask how they did something and they will respond with one or two sentences… Me : So how exactly did you come up with the idea for your blog? Guest : I realized I liked sowing so I started a sowing blog. Answers like that do not make for a long interview and don’t really give your listener anything to benefit from. In this example I would ask them more about how they learned to sow and what skills in particular are most challenging to learn. I’d then ask them how they built their blog, what platform they used, how often they publish articles, what sort of subjects are most popular, how they come up with ideas for content, where they found readers, etc etc. Every answer opens doors for more questions, it’s just up to you to decide which doors are the best to open. If you ever really struggle with a guest who just doesn’t give you in-depth answers I recommend you focus on one thing – get personal . All people, even shy people who don’t like being in the limelight still enjoy their own lives as a subject. Ask questions that flatter and show direct interest in the subjects that person cares about the most. Ask them to talk about where they were born, what they enjoyed growing up, what they are good at, what books they read, or anything specifically about them. A quick trip down nostalgia lane is a great way to get a person interested in opening up to you. You Can Ask Why Too For more on the concept of always thinking about asking questions, here’s a similar take but this time on asking “ why ” – How To Develop A Crystal Clear Understanding Of Your Customer How Do I Prepare For Interviews? I’m often asked if I do any preparation for my interviews, including whether I have questions ready to go in advance. The answer is no, I don’t . The only preparation I do is some brief research into the person I am interviewing so I know what they are most famous for and what websites they own. To be honest though, I don’t even need this info. You can begin an interview with anyone and deliver a great podcast without knowing a single thing about them simply by asking the right questions and follow-up questions. Right now I could ask you – “ What are you most known for? ” – and that would take us down a path to learn a lot about you, and make for a great interview, no matter how boring you think your life is. I’m naturally curious about people and I’m good at coming from the angle of a beginner, so I find conducting interviews on the fly is my preferred style. I feed off the answers of my guests and probe any subjects I feel are relevant or interesting. This works well for me and always results in a good interview. However don’t assume this is something you can do immediately. Interviewing is not a skill everyone is naturally good at, and until you get some practice your own nerves may stop you from being relaxed and in the flow with your guest. If you need a cheat sheet of questions to help you conduct your interview, that’s perfectly acceptable. I sometimes take notes myself so I don’t forget to ask something. You can prepare these questions in advance or even run off a template you use for all interviews. A word of warning though – using questions can lead to a disjointed interview. If you rely on prepared questions so much that your mind isn’t open to diverging down different paths based on how your interview guest responds, your podcast can feel quite stunted. Being relaxed and enjoying the interview like a good conversation, engaging with what your subject is saying and showing real curiosity, is the key to a natural interview style. It’s Not About You One final reminder that’s important for all you people out there who love to talk – the interview is not about you . You can add to the interview, briefly, by offering your own reinforcing story , or relevant comment, but don’t start interviewing yourself. I like to focus on two things as my role as the interviewer – Asking the questions Summarizing the answers That’s all I do. Even when I tell my own stories I usually do so only as a means to summarize or repeat what was just said by my guest. If you find yourself dealing with awkward silence , don’t use that as an excuse to start filling the interview with your own voice. Keep asking questions. Follow the idea that you can never ask “how” too many times. I hope these tips have given you some insight into how to conduct a quality podcast interview . The next step is to just get out there and do it. One of the most important skills to develop is comfort in front of the microphone when interviewing people. When you first do this it feels like you have a massive audience in front of you, even though it’s just you and your guest, so there will be nerves present. The only way to get past this is to do more interviews. Practice breeds comfort and a comfortable host makes for a better podcast. Get busy interviewing. Yaro Starak Podcasting Get your bonus copy of my book “How To Start An Internet Business & Make Your First $1,000 Online” Download Here

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10 Keys to Staying on Track for Success

by Paul Joseph June 2, 2011 Featured

It’s a question that’s pondered and discussed a lot: Is there a “formula” for success? If you scout around a little online, you’ll undoubtedly find a number of people who claim to have the formula – or secret, or plan, or whatever… for a price. But in the many years my brother Adam and I have been entrepreneurs, we’ve found that the so-called formula for success isn’t all that difficult or complicated. And it certainly isn’t anything you need to pay hundreds or thousands of dollars for. In our experience, keeping the following ten keys in mind is what has made the most difference in our success and in the success we’ve had the pleasure of seeing others achieve. 1. Take Responsibility for Your Success: If you are to be successful, it’s up to you. Don’t wait for anyone else to make it happen for you, and don’t rely on luck or chance. There’s no doubt that being in the right place at the right time can make a big difference in your business; but you’re only likely to be in that place at that time – and ready to do something about it – if you’re actively looking for opportunities. And even then, it will be up to you to turn your “luck” into success. 2. Get Help: Don’t make the mistake of thinking that number one above means you have to do it all on your own. Taking responsibility for your own success also means recognizing when you need the help or advice of someone else. No one knows it all, and the sooner you admit that you don’t have all the answers, the sooner you’ll be able to find them. 3. Know What Success Is: Success is different for everyone. For many it means having lots of money, while for others it has more to do with relationships. For most people, it’s a combination of several things. But no one’s idea of success can be defined by anyone but them. You’ve got to know what you’re working for – what success means to you. 4. Stay Healthy: Regardless of how you define success, you won’t get there if you compromise your health. This might not seem like business advice, but staying healthy is the best way to have the energy and stamina necessary to build a business. You don’t have to be a health-nut, but just eating reasonably well and getting a decent amount of exercise will help you in achieving your business goals more than you might think. 5. Go for It: Being an entrepreneur means taking risks. Not stupid risks, but certainly not playing it safe either. If you aren’t willing to go out on a limb and push past your comfort zone, you absolutely will not achieve all you can. 6. Have Some Fun: Working on your business shouldn’t feel like going to a job every day. Entrepreneurship is a blast, and if you don’t agree, you’re doing it wrong! 7. Be Flexible: You’ve probably heard the phrase, “It isn’t what happens to you, but what you do with it that matters.” That is so true in so many ways. When challenges arise (not if – but when ), being flexible enough to shift your approach and adjust your plans allows you to take just about anything that happens and turn it into a win. 8. Relax: Down time is essential. I’m not talking about taking a three-week vacation while you’re in startup mode, but just allowing yourself a little time each day to unplug can really make a difference in your mental state, which will translate into more productivity – not less. 9. Be Who You Are: This goes back to knowing what success is to you and taking responsibility for your success. You should be working for you, and no one else. Obviously you’re working to support your family if you have one, but that’s not what I mean. Your business should reflect who you are and what’s important to you. Don’t let anyone try to steer you down a path based on their wants and needs, and don’t ever compromise your principles. It’s never worth it in the long run. 10. Always be Learning: Continually find ways to increase your knowledge about your industry, marketing, management, and business in general. Become fascinated by other businesses and how they do things. Ask lots of questions of other business owners. Not only will you learn a lot, but you’ll make some great contacts in the process. What’s missing from the list? What have you done on a regular basis to keep on the path to success? Share with the community in the comments section, or on our Facebook page .

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Get Answers to these 8 Questions Before You Join a Startup

by Paul Joseph May 18, 2011 Featured

If you really want to impress a startup founder as a potential employee, or you want to be a smart investor, you need to know the right questions to ask. These are the questions that get past the hype of a founder’s “vision to change the world,” and into the realm of real business strengths, weaknesses, and current health. Some founders try to deflect these questions by talking incessantly, so you often need to be calm, patient, and persistent to get the answers. My advice to founders out there is to not volunteer too much, but be open and honest in the face of direct questions like the following: 1. What is your burn rate and runway today? These are investor slang terms referring to how fast money is being spent, with an implicit question of how long the startup can survive before breakeven or another cash infusion is required.  You need to know this as a future employee, since it probably gates how long your new job will last.  If the runway is less than six months, with no new source signed, both you and the startup are at risk. 2. How much “skin” is already in the game? The intent of this question is to determine the level of commitment of founders, both cash and “sweat equity,” and how much others have already invested into this plan. Implicit in the analysis of the answers is how much progress has been made for the investment, and how stable the business is now. 3. What’s the total history of this company? Gaps in the history of a startup are big red flags, just like gaps in your resume.  If the company was incorporated five years ago, and is still in early stages, with the same founding team, chances are slim that it will suddenly get back on track with you as an employee, or you as an investor. 4. How well do the founders get along with each other, and with the team? The smartest people are often the most eccentric, so some conflict in the ranks is normal. Excessive conflict, lack of communication, or lack of mutual respect is indicative of a dysfunctional team, and eventual failure of the startup.  You won’t get this answer from the founder, but it’s not hard to get it by talking to other team members. 5. What’s in this deal for me? Investing in a startup, or joining a startup, is always a very big risk, so the potential return better be large.  As an employee, you salary will likely be low, your job security low, so the job title better be large, and the stock options better be large.  As an investor, look for an ROI that is 10x your initial investment, based on something more than a dream from the founder. What traction can be measured today? 6. Who do you have as outside board members? The only true outside board or advisory members are not family members, not current investors, but are experienced entrepreneurs with deep knowledge and connections in the relevant business area.  They should be asking to speak to you if you are a potential investor or a superstar hire.  If you talk to them, they better know the answers to the previous questions. 7. Who is a real customer that I can talk to? Real customers are ones who have paid full price for the product, have it installed and in use, and are still satisfied. Free trials don’t count, betas don’t count, and “excited about the potential” doesn’t count. If there are no customers yet, when will the product ship, and how many times has the date been set? 8. How solid is the intellectual property? Provisional patents, or lawsuits pending, don’t add up to a strong sustainable competitive advantage.  You need to know these things before you put your money on the table, or bet your career and your family’s future on this startup. Again, I’m not suggesting that you go on the attack to get answers to these questions.  But don’t let management divert you with comments on your failure to understand “the vision and the big picture.”  If you are a potential employee, it probably makes sense to get the job offer first before you tackle some of these, always staying calm and assertive. In the parlance of an investor, asking these questions and getting answers is the heart of that mysterious “due diligence” process.  Now you know. If you are a potential employee, you need to do the same due diligence before you sign on.  Every good founder will have done the same on you, before they make you an offer. Martin Zwilling is the founder and chief executive officer of Startup Professionals, a company that provides products and services to start-up founders and small business owners. Read more about Marty here .

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Why Technology is about to Ruin Your Business

by Paul Joseph April 19, 2011 Featured

A lot of businesses failed in the Great Depression. Heck, even internationally known newspapers and magazines fell by the wayside. But not all of them failed because of the economic climate. Some of them failed because they didn’t embrace the technological climate. Think about how your customers consume the thing that you do or make. Is there technology, no matter how space age, that could make people less willing (or unwilling) to pay for what you do? Think about DVDs, music compact disks, newspapers, books … these are all being replaced by digital equivalents. Now think of all the stores that sold these physical items, stores that have shuttered their doors in the last decade. What makes your business immune from obsolescence? All Industries are Affected by Technology Consider what the United States of Facebook means for, say, a wedding photographer. When every guest can take pictures, upload and tag them instantly, wedding albums have been, to some degree, crowd-sourced. A professional photographer is not necessary. And who keeps paper photographs anymore, anyway? Apple has shipped around 300 million iPod devices in the last five years, and many happy couples are avoiding the possibility of hearing the Chicken Dance, or the song that was special to the groom and his ex, in favor of creating a playlist and plugging it into a PA system. DJ, band: not necessary. In the last decade, fax machines have been all but replaced by all-in-one scanners, pagers (and in some cases, landlines) replaced by cell phones, boring company meetings replaced by conference calls and online meetings, corporate classrooms by online training and webinars. The point is not that business practices have changed, but that technology changes everything – even if you don’t expect it to hit your industry. How about the oil change guy on the corner? Surely he’s in no danger. If you thought so, you’d be wrong. Because it’s not only how your customers consume your product, it’s how they consume your marketing efforts that matters. And the oil change guy on the corner is going to be put out of business by the oil change guy on the other end of the block who knows how to get followers in Twitter, can create buzz on Facebook, and has posted his deal on Groupon or LivingSocial. Social Media has Changed the Marketing Landscape As recently as fifteen years ago, the primary methods of advertising were print, TV, radio, and billboards. Now, the best way to get in front of your market is a strong Twitter presence, and daily activity on Facebook. It’s the next step in corporate personhood — your business needs to have a personality that consumers can “like” on Facebook. Bad reviews of your business aren’t shared among a handful of people anymore – there are whole Web sites devoted to sharing knee-jerk opinions of your company with hundreds of thousands of visitors each month. And let’s not kid ourselves, here: people are far more likely to post a negative review than a positive one, and much more likely to give your business an anonymous beat-down online than call you up with constructive feedback. Companies that can move with the technological times are far better placed to respond to the bad review on Yelp.com, or send a direct message to the Twitter user who is complaining about the experience they’re having, right now . Don’t Think Your Business is Immune Back in 1995, Newsweek published an article about why cyberspace isn’t, and never will be, nirvana . Many of the predictions for how we’ll use the Internet, which the author claims as hype, (online shopping, ebooks, restaurant reservations) have come true. So think really hard about how technology might make your business obsolete. And then set to thinking about the answers to these two questions. How do you: 1.  Stay ahead of developments that will make your product or service obsolete. 2.  Stay ahead of how to market what you do, to consumers who will become evangelists for your company. And start thinking about them now, because your competitors are already working on answers. Duncan Connor is a freelance writer for www.Company.com . Read more about Duncan here .

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