Published Nov 11, 2021

Why Everyone Is Wrong About the Metaverse, Gaingels, Companies that Don't Advertise, and More

Dive into the misconceptions surrounding the Metaverse, where digital identities might eclipse the physical, unravel the innovative funding strategies of Gaingels disrupting startup investments, and discover unconventional marketing tactics to captivate and grow audiences.
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Episode Highlights

  • Marketing Stunts

    Creative marketing stunts can capture public attention and drive engagement. and brainstorm ideas like setting up a 360-degree camera pop-up in New York, where subscribers could get free headshots. They also consider using a blimp to drop cash or display a QR code for a giveaway. These stunts aim to create memorable experiences and attract a large audience 1 2. admits, "These are bad ideas. I got to admit. The ideas I had just now are bad ideas. But I feel like if I brainstorm for an hour, which I'm going to do, I feel like we can come up with a great idea."

       

    Networking Tactics

    Unconventional networking strategies can lead to successful business relationships. shares his experience with meetups for his roommate business, where attendees had to download their app to participate. recounts an agency's creative approach by hosting a meme battle at a bar, which led to a successful partnership. This strategy involved inviting potential clients to a fun event, showcasing their viral video skills, and ultimately securing business 3. reflects, "Oh, this little sales funnel they did was actually genius. That's pretty good, because one client to them is worth tens of thousands of dollars."

       

    Creative Refusal

    Avoiding creative bankruptcy is crucial for continuous innovation. emphasizes the importance of never running out of ideas, stating, "You can always run out of money, but you can never declare creative bankruptcy." He discusses the challenge of generating fresh ideas, even when resources are available. and Shaan explore the potential of hosting exclusive events with influential figures to attract new audiences and maintain interest 4. This mindset encourages constant creativity and adaptability in business strategies.

       

    Cash Contests

    Contests and competitive events can effectively engage audiences and generate interest. Ben Wilson suggests a contest where participants create viral content using raw video files from the podcast, with a cash prize for the most views. and consider hosting open bar events in multiple cities, where attendees can redeem drinks by showing podcast subscriptions. These initiatives aim to foster community and increase podcast visibility 5 6. notes, "I think that's worth doing. I would say that the video bounty is to me the most interesting."

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