S1E05 - Mikel Ellcessor: How We Got Radiolab Listeners to Pay for $80,000 Episodes
In this episode, we talked with Mikel Ellcessor, an independent producer who has an incredible track record of helping teams form their original podcast strategy.
As Co-Founder of the critically acclaimed Radiolab podcast, a two-time Peabody award winner that focuses on the investigation of big ideas told through sounds and stories, he was in charge of monetization and helped raise over $6M direct from listeners.
He now helps teams build their content, communication and monetization strategies through his company Limina House. He can be found on Twitter @mikelellcessor.
We talked about:
- The difficulty of attracting advertisers for creators
- The birth of Radiolab, the critically acclaimed podcast
- Why the future is paying for podcasts according to Mikel
- Tips to raise money through fundraising, events and more from Radiolab
- Radiolab's tribe and the power of a podcast community
Subscribe to our FREE premium feed to hear bonus content instantly, including Mikel talking specifics about raising $6 million from listeners, how to figure out what they want and how to create a compelling ask.
Enjoy!
Timestamps
- 2:00 Into the world of radio from 14 years old: Mikel's background
- 4:45 The slow uptake of radio to podcasting
- 7:10 Creators find it difficult to attract advertising
- 8:41 How Radiolab started post 9/11
- 12:46 Radiolab's slow, organic growth
- 14:21 Finding your true self through podcasting
- 17:17 Being in the lives of incredibly talented people and how to share that excitement
- 20:12 The future is paying for podcasts, Mikel Ellcessor explains why
- 22:57 Be clear and specific about what you're fundraising for
- 27:21 Interrogate your own relationship with money
- 29:38 Don't waste your listener's time
- 31:23 The reason why people give you money
- 36:16 Trying out events to monetize Radiolab
- 38:06 Radiolab's tribe and the power of a podcast community
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