Independent Development Monetization Weekly (Issue 140): A podcast guest booking platform earns US$220,000 per month

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From door-to-door sales to $220,000-a-month podcast empire

Have you ever dreamed of turning your hobby into a successful career? Travis Chapel did it. He went from being a door-to-door salesperson to becoming the founder of a podcast platform earning $220,000 a month. Today, let us reveal his path to success.

Travis worked in door-to-door sales after college, but quickly realized it wasn't the career he wanted to pursue long-term. He began to delve into the field of personal development, reading books, listening to audio, and discovered the charm of the podcast medium. He decided to start a podcast of his own, and a few years later it started to gain popularity and people asked him how he did it. At this time, Travis discovered a problem: no one knew how to find good guests or promote their business or program on good shows. So, he established GUSTELO, a platform that connects podcast guests and podcast hosts.

GUSTELO not only provides a marketplace for podcast hosts and guests to better connect, but also provides a software subscription service to help them better manage and promote their shows. The platform has become a huge success in a short period of time, even reaching a monthly revenue of $220,000 in August 2022.

Travis’ entrepreneurial journey has not been smooth sailing. As a non-technical founder, he encountered many challenges during the software development process. He spent a lot of time and money building the first version of the product, only to find that too many unnecessary features were built, which slowed their launch and prevented them from getting timely feedback from users. This lesson gave him a deep understanding of the true meaning of MVP (minimum viable product).

So, how does Travis attract and retain customers? In the first 12 months, they grew organically just from market audience and people sharing. But what really allowed them to achieve explosive growth was paid marketing campaigns and clever pricing strategies. They offer a two-week trial of the platform for one dollar and then significantly increase their customers' average order value by offering discounted annual subscriptions and quarterly payment options.

During the entrepreneurial process, Travis learned many valuable lessons. He stresses the importance of finding a co-founder who excels in areas you’re not good at, and choosing a hungry and growing market to make up for any shortcomings in experience, knowledge, or information. Most importantly, he emphasizes the importance of solving the problems you are best suited to solve, as this will enable you to build a truly valuable product or service.

For entrepreneurs who want to start or are just starting out, Travis’ advice is to focus on investing in yourself and the skills that will make you successful in the long term. Don’t just focus on the goal, focus on becoming the person capable of achieving it. This means committing to commitment, delaying gratification, and continually striving to better yourself.

The story of Travis Chapel is an example of how to combine personal interests and market needs to create a successful business. His experience was full of challenges and lessons, but in the end, through persistence and innovative thinking, he built a podcast empire that earns $220,000 a month. This is not only his success, but also an example for all entrepreneurs who have dreams and are willing to work hard for them.

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