Value for Value: Building Unbreakable Relationships with Your Listeners

I think the other thing here is like, it helps to really be specific about how people actually do this new action. You know, people won’t be familiar with phrases like streaming and boosts, or like Sats, you know, what are Sats, like, maybe you need to explain that as well. And this clip from Jordan Harbinger really kind of makes it simple and easy to get on board with.

By the way, if you’re a regular listener of the show, and you get some value from me or the guests we have on the show, there’s a really easy way to show your support. Download the Fountain app on iOS or Android, follow the Jordan Harbinger show and start listening over there.

You can share your thoughts on this episode with me by sending a boost, which is like a little payment with a message and see what other listeners have to say. Getting started is easy. You can top up your Fountain wallet with a bank card and you can also earn money just by listening to the show on Fountain as well. It’s a no brainer. I donate this money to charity, by the way. Visit Fountain.fm to learn more.

Yeah, so I think that like what Jordan does here particularly well is he actually explains how to get started and get some Sats in your Fountain wallet and makes it clear that all you need is a bank card. He actually doesn’t mention the word Bitcoin or Sats once, which I think if you have an audience which is not necessarily native or familiar

By the way, if you’re a regular listener of the show, and you get some value from me or the guests we have on the show, there’s a really easy way to show your support. Download the Fountain app on iOS or Android, follow the Jordan Harbinger show and start listening over there. You can share your thoughts on this episode with me by sending a boost, which is like a little payment with a message and see what other listeners have to say. Getting started is easy. You can top up your Fountain wallet with a bank card and you can also earn money just by listening to the show on Fountain as well. It’s a no brainer. I donate this money to charity, by the way. Visit Fountain.fm to learn more.

Yeah, so I think that like what Jordan does here particularly well is he actually explains how to get started and get some Sats in your Fountain wallet and makes it clear that all you need is a bank card. He actually doesn’t mention the word Bitcoin or Sats once, which I think if you have an audience which is not necessarily native or familiar with Bitcoin, that’s a great way to get them in.

The other thing to mention too is that like, you know, given that you’re asking your listeners to send you money, you need to try and find a way of making that exciting for them. You know, they’re parting with their cash. That’s cash they could keep themselves. So what is it about Fountain and Value for Value and your show that’s really going to get them interested to do so?
Value for Value means you determine how much value you’re getting out of a podcast and you stream it back using a Podcasting 2.0 app from newpodcastapps.com.

All these apps are free by the way. Check out the cool awesome features like images, chapters, and your ability to stream Satoshi’s aka micro payments to Podcasting 2.0 shows versus something like Patreon or a monthly subscription service. Like what if you don’t listen to the show? You’re still going to get charged the $5 for example, but you get to decide as you listen to the show how much you want to give back to that podcaster. It’s a new way to support creators. Musicians will be releasing albums kind of like podcasts where as you listen, you can stream different amounts to the singer, to the bassist, to the guitarist, or to the whole band. Live streams on YouTube and Twitch and all that stuff. They’re totally going to go this way. These are exciting times.

So I think the thing that Kyle does really well here is he kind of gives a glimpse of the future of what’s coming in Podcasting 2.0 and Value for Value in a way that his listeners are going to be able to relate to, which I think is really important. And then just the final one in this section is a clip from Odell from the host of Citadel Dispatch. And he is very good at really showing how grateful he is from his listeners from the contributions that he’s getting and kind of really explains how much it means to him personally, which I think makes a massive difference.

Before I get started, just another huge shout out to all the freaks who continue to support the show with Bitcoin. Dispatch is audience funded without ads or sponsors. It would not be possible without all of your generous donations. So thank you for supporting the show. It truly means a lot.

You can support the show via Podcasting 2.0 apps like Fountain Podcast. There’s a lot of apps that support it. They work like a regular podcasting app. You search Citadel Dispatch, you click that subscribe button. You choose how much Bitcoin per minute you think the show is worth. And those stats are streamed directly to my node. It is incredibly cool seeing stats streamed directly to my node.

With Podcasting 2.0, you can also do something called a Boostagram. You can think of that as a global message board where you’re able to put a comment and then attach a certain amount of stats to it, a certain amount of Bitcoin to it. I read the top four Boostagrams from the previous show every episode.

Yeah, so just the end of that clip sets us up nicely for the next tip, which is to actually read and respond to the messages from your supporters. The podcasters who do this tend to see much better engagement and earn more money than the ones who don’t. And it’s a really great way to give your fans their 15 seconds of fame and really make them feel part of the community. It also creates a sense of FOMO for all the other listeners and makes them more likely to send a boost in the future.

It’s also a great source of content and discussion. People will often read out boosts from the previous episode and you can revisit some of the conversation or discussion from that episode. And again, it’s a great way to tease or highlight the previous episode that other listeners might have missed. They go back and watch it again later.

So this piece of advice here from Chris, I think is having a consistent and dedicated format. This is something that Chris does really well with Linux and Plugged and his other shows on Value for Value. Most podcasters tend to read out the boosts regularly at the start or the end of the episode. They’ll read out the top three or five boosts by value.

They will acknowledge the person who sent it and also tell them the amount. In this example, you’ll also see Chris is also using kind of music and jingles to, I guess, mark this section or the area of the podcast and really make it more fun. So I’ll play this one.

Well, we got some fantastic support from the audience this week to celebrate episode 500 and to say we blew the charts up is an understatement. We are number one by a mile on the Fountain FM charts. Extremely humbling. Thank you, everyone. So let’s get into it.

And now it is time for the boost.

Eric D. Boosted in with 1,000,009,529 Sats. He writes, congratulations on the big milestone. I started listening when Self-Hosted began back in 2019. And then I found the rest of Jupiter broadcasting from there. Unplugged has inspired me to try so many things in the world of Linux. And I’ve learned a lot along the way. Thank you for the fantastic content. Week after week. Here’s something for Jupiter broadcasting Stake Fund and the next 500 episodes.

Yeah, so that’s a really nice example. I think, you know, particularly large amounts given they were celebrating 500 episodes of the show. But you can see that it really kind of brings out the strong emotional connections that listeners have to your show. And by surfacing those you kind of really, I guess by osmosis, make the rest of your audience feel that way. And it’s rare that, you know, podcast listeners can have that direct interaction or acknowledgement from the podcast host, which is, it tends to be, you know, the podcast host of people that you really respect and look up to and have followed for many years. So having that direct recognition from them, and even kind of contact or interaction with them, really makes a massive, massive difference.

This is an example from Podcasting 2.0, which is the weekly show that Adam and Dave run, which essentially recaps all the things happening in podcasting 2.0 new developments. People who donate to podcasting 2.0 are donating with a really clear intention to help kind of extend what the initiative is achieving to invest in their costs, such as hosting, all the things that they’re doing.

And we tend to see really large amounts being sent to podcasting 2.0 for that reason. What they’ve done quite cleverly is they’ve gamified this. So they have a leaderboard, which they keep up to date over time. And whenever someone sends a boost that takes them to the top of the charts, they will celebrate that moment. And they’ll give them some exclusive prizes or some merch. So here’s an example of that happening.

502,377 stats from Dreb Scott. Holy crap. He gets a good baller. Okay, he needs his own jingle now. Okay, we have to have a leaderboard now. This is getting ridiculous. Dreb. Okay, 502,377. His messages topping Aerostatica’s record boost by one sat. Happy New Year. Go podcasting.

Thank you, Dreb. You might as well start a hosting company with this level of support, Dreb. Or join one.

Or join one. Yeah, there you go. Well, he’s got the chapter service. He must be doing eight or nine different podcasts. He’s doing chapters for him. And he’s just taking a split from the value from the value block. And apparently sending it right back to us.

I’m going to begin to refer to him as high roller Dreb Scott or independently wealthy Dreb Scott.

Nice, the independently wealthy Dreb Scott. The Bruce Wayne of podcasting. Still kind of works for me.

That’s, that’s a better one. Let’s do Bruce Wayne of podcasts.

So I think yeah, just to summarize, definitely consider reading out and responding to, you know, messages from your supporters, it really makes a massive difference. Like I mentioned as well, you can also reply to the boost messages in the Fountain app. This is a really great way to show your listeners that you’re active and you’re contactable, and just allows them to reach out and make that connection with you.

So the third point, which kind of Adam touched upon in that clip, was splits and splits are basically a way to share income from your podcast with other people.

So you could, for example: Add your top supporter from your last episode to the splits for your latest episode. And you can actually set the default splits for your show, which is really useful for adding your co-hosts, your producer, the person who created the artwork for your show, anyone who’s a regular contributor to your show, or you can set the splits for each episode.