Show Me The Money 16 min

S1E1: Turning One-Off Deals into Long-Term Partnerships


You just got approached by a brand to do a paid post around their latest feature release, but you don't want to do one-off posts. You want longer-term deals. In this episode we discuss how to turn short-term engagements into long-term partnerships.



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Question number one is coming from a B2B creator, sales creator that has around

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17,000 followers on LinkedIn.

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They say they've done one-off post for brands in the past, but they've never

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done any recurring brand deals,

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and they want to attract more longer-term partnerships. How do they start to do

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that?

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Yeah, it just starts with a conversation with the brand. So brands are coming

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to you, and they're saying,

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"Hey, we want to do one-off post or post only or whatever." Sometimes brands

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don't even know that careers are open to do more long-term.

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In fact, every brand I've spoken to, wants long-term creators. They don't want

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these one-off transactional people.

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So it comes down to coming in and just telling them about product, like, "Hey,

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I'm ready to work out a relationship."

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Why would you do a three-month pilot? Most brands that I'm talking to right now

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, three-month pilots, they're all about it.

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What do those deals typically look like? Are they based on a campaign that the

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brand is running? Are they trying to create some new episodic show?

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What are the creators that are getting these longer-term deals? What are they

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typically creating?

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Yeah, so it goes beyond the posts. A lot of brands right now, they're doing a

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sponsor post. I actually try to move brands and creators away from that.

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So the big thing with a lot of creators, they have multiple inventory available

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. So they have posts, webinars, videos, co-branded content.

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That's actually a big one. And then things like newsletters and podcasts, if

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you have that, you're able to package so much more into a pilot and then also

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charge more for doing it.

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Co-branded posts. What do you mean by that?

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So co-authored content could be like a lead magnet. It could be like a blog

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that we write together. It could be a whole bunch of different things that are

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co-authored, depending on the expertise of the creator and what the brand is

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trying to do.

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So you bring that together. Brands love that. They're like, "Now are names on

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something that we can use to get more leads."

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Although I just always in the way it is.

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Hypothetically, let's say that this person, brand comes to them. They say, "Hey

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, we are launching this new feature because a lot of times when you're doing

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these one-off posts and a brand comes to you, in my experience, that's what

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they're asking."

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It's like, "Hey, we want to get a bunch of people to do a takeover or we got

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this feature we want to promote. Can you do some hosts around that thing?"

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If they come to me or this person and say, "That's what we're looking for." How

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do I pivot that into like, "Yeah, we can talk about that."

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Because when I get these, I typically say, "I don't do one."

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So how do you pivot that into the longer term?

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So I always ask the brand this question being like, "How do you plan on

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connecting that awareness plate?" Because that's what it takes over days.

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Everyone's talking about brand X for a day or two.

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I ask them, "How are you planning to connect that to demos or getting leads or

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fighting out who's actually interested in your business?"

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Either they can't answer that question, which means they now know they have to

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figure it out.

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Or they're like, "Yeah, we need your help to figure that out."

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So the type of content you create, if it's a poster, it's like whatever, blast

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or whatever, that's awareness.

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But if you're able to drive people from the awareness to consideration through

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how two videos, the problems you're trying to solve,

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can be lead magnets, can be guides, whatever, that's where you can find out

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from all that big splash you just did.

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There's a subset of people who want to solve the problems that your product

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solves for.

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You need to have the creator be able to do that as well.

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If the brand's not considering that, people are going to get a nice big

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impression count, but no one's actually signing up for the brand itself.

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You need to have a conversation beyond the thing that they originally came to

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you for.

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Correct. Just remember, if you're a marketing creator or a sales creator, you

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're first and foremost a technical practitioner.

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You're a marketing person or a sales person.

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You should know that driving people from awareness to consideration, that's the

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job.

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So if you're able to just wear that instead of the creator and play that

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advisor role, the brand now begins to see you as someone they want in the mix

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for three to six months because you're also advising them.

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Yeah.

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That's the beauty of the B2B LinkedIn space.

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We're not doing dances or just doing entertainment or the Kardashian, whatever,

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on Instagram.

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Yeah.

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The beauty of winning with brands is that we're also, we became creators

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because we are subject matter experts first.

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So demonstrate that by treating that person like you were as a consultant

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client.

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And then you just happen to be the mechanism for them to get to the end.

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Yeah.

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I think that's the main part is a lot of these companies will specifically, if

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they don't like already follow you, they typically reach out to you because you

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have. A certain follower count, they may have seen like something that you've posted.

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If you can take that conversation and actually consult, I've done this on

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interviews a lot, rationally.

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And it's the same thing, whether it's an interview or you're doing this kind of

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deal where like they come to you for one thing, but then by the end of the call

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, it's like, wow, I feel like I just got like 30 minutes of free consult.

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Yeah.

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And I think that's basically what you're getting at is like, turn this like,

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hey, we'll pay you X amount of dollars to promote our thing into you consulting

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them how to make that thing significantly better.

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Exactly.

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So the key thing to remember is the person you're selling to has likely done

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creator partnerships on other non-linked in channels, more often than not.

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So their benchmark of your understanding on how this whole system works is

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compared to like TikTok activations and Instagram and activations or whatever.

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So when you're bringing people into LinkedIn, it's like, no, we do this every

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day for our jobs or our careers.

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Our bread and butter isn't being creators most of the time.

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It's, we're doing, you know, worst market in the world.

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All the other things that you know, everyone that we talk to is done.

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Yep. So bringing those, bringing those stories into the mix and reminding these

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people that, hey, like, we know the game just as well as you do, if not more,

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especially on LinkedIn, that's where the domain authority comes across.

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So once you demonstrate that, whether you're 17,000 followers, 6,000 followers,

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500,000 followers, you need to remind the company that's coming in the brand,

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then you can do a lot more than just post.

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Do you recommend that creators keep a resume or, I guess, portfolio, maybe, of

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like, not only the things that they've done, but like tried to get the outcomes

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that have happened for the brand for those things to keep to have those

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conversations like, hey, I drove X amount with this.

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Or do you, do you find that most creators typically, they just know that, like,

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hey, like here are the channel level metrics that I typically drive.

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Yeah, it's a bit of both. So in your media kit creation, so if you are a

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creator that's remotely trying to get serious, you need to have your core story

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arcs down.

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So what I mean by that is you need to have like the big three things you like

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to talk about.

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And then those three things need to be backed up with things that you actually

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accomplished. So that's where you prove your credibility to anybody that you're

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talking to.

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Even as an agent before I sign people, people don't know this, but like, I've

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closed $50 million in sales and media working at Pinterest and these other

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companies.

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So if I'm talking to a sales creator and I asked them like two levels deep type

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of question and they can't answer, I already know they're not credible.

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Yeah, I cannot in good faith put that person in front of a sales brand that

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wants to leverage them.

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They copy and paste and someone else's shit and I'm like, oh, I know.

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I know this is Josh Bronwyn all over. Like, what are you doing? Right? So it

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just gets to a point where the credibility can only come with like your track

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record.

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But this is what the brands are paying for.

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They're like, oh, this person was able to get all these followers because they

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actually know what they're talking about.

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That needs to be proven through the media kit.

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You're saying the creator should be a subject matter expert themselves on

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whatever this thing that they're talking about is.

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What about creators? They may not be subject matter experts for their company,

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but they're really good at delivering the product.

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They're delivering the narrative or the message of the company.

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So I know people that work in paid media or creators for paid media companies.

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I know people that work in their creators for AI companies, but they are not,

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they couldn't go run a paid kit.

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They couldn't go build an algorithm or something.

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But they're really good at taking whatever the engineer or the paid media

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expert wants to say and delivering that message in a way that people remember,

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whether that's entertainment or taking a script and delivering it.

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Where do those people come in?

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Yeah, definitely think that group is very important because they bring content

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to life, right?

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And they're entertaining and people love what they have to say. The reality is

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though that brands may not come to those creators if they're trying to connect

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with a certain ICP.

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If the brand is just trying to do mass awareness for a very everyday type of

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thing like an Uber or a Lyft, fine.

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Yeah.

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Bring in an entertainer because everyone uses those things.

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But if you're in a B2B/SAS situation like most of the folks we talked to with B

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2B folks, you need to be able to convince people about the power line that, oh,

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I should probably be able to convince people about the power line that, oh, I should probably be able to convince people about the power line. Oh, I should probably take a look at this product. More often than not in a B2B

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setting, you need to have some domain authority for expertise for sure.

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But those folks who may not have that, but they're excellent entertainers and

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content creators, there's a use case for all of them across the board because

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you have to get brands to enter a space with that type of, with that type of

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effect.

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But just the brands will need to know at some point that they can't go from

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that to conversion with that same creator, more often than not.

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Yeah, I think there's also a lot of times those creators try to, if they're

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trying to get brand deals, they're trying to get brand deals in those things

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they talk about.

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When, because they've been talking about those things or creating content

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around those things, but that's not, not to say they don't have expertise.

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They may have expertise in video editing or whatever they do ever again, right?

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Right.

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And they're just going after the wrong companies, because that's not where they

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're expertise.

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Yeah, and that's where you got to be careful of some of these marketplaces,

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right? Because you have a brand that's reaching out to a creator, but there's

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no brokerage of authenticity.

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Right. You need to make sure there's an authentic connection between the brand

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and the creator to the outcome that the brand is trying to go for.

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That's why whenever I do the brand pillar exercise with my creators, when I

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sign them, we have a whole onboarding thing.

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I'm like, what do you want to be known for? That needs to match what the brand

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is trying to communicate.

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Otherwise, it's like a triangle and a square peg hole type of choice.

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I love that. Every creator or successful, I hate the word influencer, but for

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lack of a better term influencer, all the good ones are known for something.

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Yeah, exactly.

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And I learned this when I first started doing TikTok. This is why I started

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preaching episodic content in the first place, because I would talk to a lot of

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people, and they would say, like, oh, like, who's an example of whatever we

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were talking about on TikTok is typically those conversations around TikTok at

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that time?

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And in almost all cases, I did not know the person's name, but I knew what they

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did. I could explain, hey, it's that guy that does this or that.

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And you could find that person by what I knew them for, more so than their name

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Until eventually you learn their name.

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Right. I mean, right? How's this done? So many times. Yeah, exactly.

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All right. So we've got an actual contract. So let's say that this person was

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able to secure this three month pilot longer term deal that we're talking about

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that they want to get.

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This is a three month contract that someone has sent in. We've redacted the

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company in the name, but this is an actual contract. So let's go through this

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and just flag anything that you would say you would see as an example.

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Like, nah, that's not kosher. Yeah, for sure. So right away, right away, when

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you got to put out the monthly video posts, there should be some terms around

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revisions and number revisions on there. So what I see happened a lot is brands

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Rans will tell creators your full autonomy to say what you want when you want

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how you want. But when it comes down to actually seeing the video, there's

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always notes. There's always edits. Yeah, there's always revisions.

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So if you're costing this out the compensation, a thousand dollars a month for

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three months, you have to take into account as a creator.

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Multiple retakes. So you have to set that value for yourself for what you're

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willing to do, but that needs to be carved out in here for sure.

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The second thing is licensing on the video itself. Who owns the video? So this

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is a three month deal.

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One of the things that a lot of creators don't think about is the long term. So

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a thousand bucks a month, that's pretty small contract.

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Let's say the brand decides to cut this after three months. Then four months

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later, another player in this category approaches you because you're a subject

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matter expert in space.

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And they offer you four grand a month. What's stopping this brand from using

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your video if they own it?

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So you need to think about usage. You think about revisions. And you need to

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think about how long.

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How long is the brand able to use your content even after your contract start?

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Most of the times the brands will own the content, but the usage rights of the

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content with the creator need to be predetermined.

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Because if they can use this forever, they can repurpose this for paid ads.

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They can sign a contract with another partner and then use your video.

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They're making money off of your gotcha IP well beyond the thousand bucks a

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month that they're spending with you.

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So you need to factor those things in. Most of the contracts that I go with,

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they're only allowed to use the content for as long as we're partners.

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So that's just incentive for them to keep renewing with you because they had so

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much history with you.

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Otherwise they could repurpose this when you sign with a competitor six to

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eight months later.

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They can still use this and broadcast it. How do you think your new brand

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partner would feel about that?

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Yeah. Right. Sure. So you've got to factor that into the cost because a

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thousand bucks a month just takes to account the short term.

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Not the lifetime of the video content.

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Love that. All right. So let's wrap this up with everything we've talked about

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for this specific creator.

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What's the one piece of advice that you would give them moving forward?

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Yeah. Managing expectations upfront. So whether it's to tell them that you can

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do things for a longer period, offering that more inventory,

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but even protecting yourself. Most creators are so, "Oh my God, I'm getting

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paid."

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They don't think about the category impact, the usage of the video impact and

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licensing things of that nature.

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Now, I'm personally not a lawyer. You all know this. Disclaimer. But it is very

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important for you to think about who owns what and how it can be used.

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100%.

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I think that was a solid episode, my friend.

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