Bryan Entzminger: 00:00:00 So you're thinking about hiring a podcast editor, but have you ever considered that editor's business
Bryan Entzminger: 00:00:06 model and how it matters to what you're looking for?
Bryan Entzminger: 00:00:09 There are actually four different categories of podcast editor, business models, and each one of them has its own pros and cons.
Bryan Entzminger: 00:00:16 If you're not considering all four of them, you might actually be leaving your best option on the.
Bryan Entzminger: 00:00:25 Welcome to Hiring a Podcast Editor.
Bryan Entzminger: 00:00:27 My name is Bryan Entzminger.
Bryan Entzminger: 00:00:28 I'm a podcast, editor and manager at TopTierAudio.com.
Bryan Entzminger: 00:00:31 This show is intended to help you be able to find the right podcast editor for you.
Bryan Entzminger: 00:00:35 Whether you're looking for your first editor.
Bryan Entzminger: 00:00:37 Or your next editor in season one, we're going to help you get clarity on what you really want before you
Bryan Entzminger: 00:00:43 start connecting with editors and then provide you with the tools to make the right decision for yourself.
Bryan Entzminger: 00:00:48 This show is sponsored by TopTierAudio.com, where we provide podcast production services for
Bryan Entzminger: 00:00:54 multi-passionate coaches, trainers, and consultants.
Bryan Entzminger: 00:00:57 Be sure to stick around to the end, and I'll tell you how you can get a free tool to help you organize
Bryan Entzminger: 00:01:01 your thoughts and make sure you don't miss anything.
Bryan Entzminger: 00:01:06 We've talked a lot over the last few episodes about what you want and need and that's important stuff.
Bryan Entzminger: 00:01:13 But one thing that I think a lot of people miss when they're looking for an editor, is that not
Bryan Entzminger: 00:01:19 every editor has the same kind of business model.
Bryan Entzminger: 00:01:22 Now you might be thinking well, does that even matter?
Bryan Entzminger: 00:01:25 And the fact is.
Bryan Entzminger: 00:01:27 It does your editor's business model will significantly influence the kinds of services they're
Bryan Entzminger: 00:01:33 able to offer the way that you work with them.
Bryan Entzminger: 00:01:36 And a whole lot of other stuff as well.
Bryan Entzminger: 00:01:38 Each one of these business model archetypes has some pros and some cons after today, you'll
Bryan Entzminger: 00:01:43 have an understanding of what each of them is.
Bryan Entzminger: 00:01:46 And have some information to help you pick the one that you think will work best for you.
Bryan Entzminger: 00:01:50 And it will absolutely influence things like where you look to find the best editors and also how you make your choice.
Bryan Entzminger: 00:01:58 So here are the four categories I'm just going to go through them quickly.
Bryan Entzminger: 00:02:01 Then I'm going to go through each of them a little bit differently.
Bryan Entzminger: 00:02:03 So here are the four categories.
Bryan Entzminger: 00:02:04 One category is freelancers.
Bryan Entzminger: 00:02:07 Then we have number two, a small team.
Bryan Entzminger: 00:02:09 Number three would be an agency.
Bryan Entzminger: 00:02:11 And number four.
Bryan Entzminger: 00:02:13 Is an employee.
Bryan Entzminger: 00:02:14 Let's talk about these a little bit more deeply.
Bryan Entzminger: 00:02:16 First up is the freelancer.
Bryan Entzminger: 00:02:18 And I think this is what most people probably think of when they're thinking about a podcast editor.
Bryan Entzminger: 00:02:24 This is the kind of thing that I see very often in Facebook groups.
Bryan Entzminger: 00:02:27 When somebody says they're looking for an editor.
Bryan Entzminger: 00:02:30 Typically, they're looking for a freelancer.
Bryan Entzminger: 00:02:33 This would be working with a single editor or maybe a podcast manager who is essentially a one person shop.
Bryan Entzminger: 00:02:40 There are some pros to this business model first off.
Bryan Entzminger: 00:02:43 Depending on your preference, it might be great to know that you're working with the business
Bryan Entzminger: 00:02:48 owner, that you have a direct connection to the person who's doing the work and owns the business.
Bryan Entzminger: 00:02:53 They're often very responsive to you and they may have, they may have a faster turnaround
Bryan Entzminger: 00:02:59 time than some of these other business models.
Bryan Entzminger: 00:03:01 And they may also have a lower price point.
Bryan Entzminger: 00:03:04 However, this does come with some cons.
Bryan Entzminger: 00:03:06 When your editor wants to go on vacation or has an illness, do they have.
Bryan Entzminger: 00:03:11 Any redundancy at all, or do they have limited redundancy?
Bryan Entzminger: 00:03:14 How do they handle that kind of stuff?
Bryan Entzminger: 00:03:15 And also if you have a freelancer who offers a huge suite of services, how do you know that they're
Bryan Entzminger: 00:03:23 actually able to do all of those at a very high level?
Bryan Entzminger: 00:03:26 So those are some of the trade offs there.
Bryan Entzminger: 00:03:28 As an example, I'm just going to make up a, a few examples to help demonstrate how these might play out for the freelancer.
Bryan Entzminger: 00:03:33 We're going to talk about freelance Freddie now, freelance.
Bryan Entzminger: 00:03:37 Freddie has a show.
Bryan Entzminger: 00:03:38 It's a combo show.
Bryan Entzminger: 00:03:39 He does half interviews and half monologues, and he's supporting his business by nurturing relationships and helping to stay in.
Bryan Entzminger: 00:03:47 Of his ideal listener.
Bryan Entzminger: 00:03:49 However, he has a very small budget.
Bryan Entzminger: 00:03:51 He's doing things like bootstrapping his social media content.
Bryan Entzminger: 00:03:55 He also batch records once a month and releases weekly.
Bryan Entzminger: 00:03:59 So he really just needs somebody to edit those.
Bryan Entzminger: 00:04:01 So he records at the end of a month and then re releases over the following month.
Bryan Entzminger: 00:04:06 So that editor has time to work on stuff.
Bryan Entzminger: 00:04:08 He doesn't need that person to.
Bryan Entzminger: 00:04:10 All of the other things just wants to work with an editor.
Bryan Entzminger: 00:04:13 In that case, a freelancer might be an I ideal choice for freelance.
Bryan Entzminger: 00:04:17 Freddie.
Bryan Entzminger: 00:04:19 Next up is a small team.
Bryan Entzminger: 00:04:21 Now this could be a business with some employees.
Bryan Entzminger: 00:04:24 There are definitely some of those out there.
Bryan Entzminger: 00:04:25 It could also be a.
Bryan Entzminger: 00:04:27 An independent contractor or a freelancer who works with a small team of other independent contractors.
Bryan Entzminger: 00:04:33 Some of them may be formal relationships.
Bryan Entzminger: 00:04:35 Some of them may be informal, but they work as a team.
Bryan Entzminger: 00:04:38 And so you're starting to get some of the benefits of having a team without the infrastructure
Bryan Entzminger: 00:04:43 of having to support a team as much.
Bryan Entzminger: 00:04:45 So this could be a small business, it could be a group of people that just work together.
Bryan Entzminger: 00:04:50 One of the pros is that it's still likely going to feel.
Bryan Entzminger: 00:04:55 Personal and very responsive because typically you're going to have a single point of contact who
Bryan Entzminger: 00:04:59 is the person that you're primarily working with.
Bryan Entzminger: 00:05:02 They're going to be responsive to you.
Bryan Entzminger: 00:05:04 They're going to have a team of people that are very good at what they're doing.
Bryan Entzminger: 00:05:07 So they're going to have some specialization, whereas a freelancer who offers everything may not have that.
Bryan Entzminger: 00:05:13 And they may even have some redundancy built into their network of businesses.
Bryan Entzminger: 00:05:17 They work with.
Bryan Entzminger: 00:05:18 However, this may also come with some cons.
Bryan Entzminger: 00:05:21 They might have a slightly higher price point than a.
Bryan Entzminger: 00:05:24 Person doing this all for themselves.
Bryan Entzminger: 00:05:26 They may still have some impact for vacations and illnesses.
Bryan Entzminger: 00:05:30 If, for example, you're working with one particular person who does have a team of independent contractors they work
Bryan Entzminger: 00:05:36 with, but this one person is still your point of contact.
Bryan Entzminger: 00:05:39 When that person is ill, there could be some challenges that arise.
Bryan Entzminger: 00:05:43 So that could be something to think about in terms of a small team, but it is another option.
Bryan Entzminger: 00:05:48 And it's kind of that middle place between.
Bryan Entzminger: 00:05:50 Working with a single person and working with a much larger business.
Bryan Entzminger: 00:05:54 For this example, we're going to talk about small team Sydney, small team Sydney interviews, thought leaders, and offers a
Bryan Entzminger: 00:06:02 membership program in coaching as well as a couple of courses.
Bryan Entzminger: 00:06:06 Because of this small team, Sydney already has a very full plate and she plans for her podcast to become the
Bryan Entzminger: 00:06:13 pillar content for her marketing strategy going forward.
Bryan Entzminger: 00:06:17 She wants help with production and podcast management, but also with creating and implementing social
Bryan Entzminger: 00:06:22 media marketing content and advertising programs.
Bryan Entzminger: 00:06:25 However, this is.
Bryan Entzminger: 00:06:27 All that small team Sydney is looking for and small team Sydney still wants some of that personal relationship.
Bryan Entzminger: 00:06:34 She wants to feel like she's got a connection with the person that she's working with.
Bryan Entzminger: 00:06:38 That she's really working with the business owner, even though this is a small team.
Bryan Entzminger: 00:06:42 So this is why small team Sydney might be looking for.
Bryan Entzminger: 00:06:45 A small team.
Bryan Entzminger: 00:06:47 Hi, there, I'm popping in for just a second to tell you about boom caster.
Bryan Entzminger: 00:06:50 If you're going to be recording your podcast while streaming live, either with a co-host or with guests
Bryan Entzminger: 00:06:56 or something like that, you're going to need a service that does that and gives you high quality
Bryan Entzminger: 00:07:00 recordings and boom caster is a great service for that.
Bryan Entzminger: 00:07:03 They offer an excellent live stream experience.
Bryan Entzminger: 00:07:06 And super high quality audio and video recordings.
Bryan Entzminger: 00:07:09 So later you can edit those into your final podcast episode.
Bryan Entzminger: 00:07:12 You can find [email protected] or click the link in the episode notes.
Bryan Entzminger: 00:07:17 If you use that, you'll also get a discount on your purchase and your purchase will benefit the show.
Bryan Entzminger: 00:07:22 So I'd really appreciate that.
Bryan Entzminger: 00:07:23 Boom caster is what I recommend for you to capture those great recordings for your podcast.
Bryan Entzminger: 00:07:28 The third kind
Bryan Entzminger: 00:07:29 that we're going to talk about
Bryan Entzminger: 00:07:30 is the agency model.
Bryan Entzminger: 00:07:31 This is typically going to be more of a full service business.
Bryan Entzminger: 00:07:35 Sometimes you'll find this where an agency offers a full suite of marketing services and podcasting is just a part of that.
Bryan Entzminger: 00:07:42 It also might be an agency that offers podcast production and management services, and they offer a full suite.
Bryan Entzminger: 00:07:49 Services to support that.
Bryan Entzminger: 00:07:50 So there's kind of a couple nuances there.
Bryan Entzminger: 00:07:53 Typically this is going to be something
Bryan Entzminger: 00:07:54 where you may have a dedicated account manager, or maybe they have a team of podcast managers that work with you.
Bryan Entzminger: 00:08:00 So you're going to get some
Bryan Entzminger: 00:08:01 level of relationship, but you're probably not going to be working day in and day out with the business
Bryan Entzminger: 00:08:05 owner or with the particular team member that you work.
Bryan Entzminger: 00:08:09 Other than that account manager, there are some pros to this business model.
Bryan Entzminger: 00:08:13 One is that with this kind of business model, you will often find a high level of specialization and
Bryan Entzminger: 00:08:20 redundancy.
Bryan Entzminger: 00:08:20 You're going to find that
Bryan Entzminger: 00:08:21 they have built their team with people that are very good at what they do.
Bryan Entzminger: 00:08:25 And
Bryan Entzminger: 00:08:25 typically they're going to have more
Bryan Entzminger: 00:08:26 than one person in each kind of
Bryan Entzminger: 00:08:28 role.
Bryan Entzminger: 00:08:28 They're going to have some
Bryan Entzminger: 00:08:29 method of planning for vacations within their team, and they may also offer a larger scope of.
Bryan Entzminger: 00:08:36 Or maybe a larger menu of offerings.
Bryan Entzminger: 00:08:38 So because they're a full service agency, they probably offer a large number of things that
Bryan Entzminger: 00:08:44 some of these other models couldn't support.
Bryan Entzminger: 00:08:46 And if you need those things, this is probably the way
Bryan Entzminger: 00:08:48 that you're going to get that.
Bryan Entzminger: 00:08:49 There are some cons though, an account manager could feel personal or it could feel like you're
Bryan Entzminger: 00:08:54 just getting the employee that was assigned to you.
Bryan Entzminger: 00:08:57 And so it's not maybe going to be quite as engaging as working with a business.
Bryan Entzminger: 00:09:01 If they've got a great account manager, it might be even more engaging than working with that business owner.
Bryan Entzminger: 00:09:05 You might also find that there's maybe a little bit less flexibility in what packages they offer, because
Bryan Entzminger: 00:09:12 they, they may be doing a large volume of work.
Bryan Entzminger: 00:09:15 They may have to build their business around having consistent processes for everybody.
Bryan Entzminger: 00:09:19 So you may not get as much flexibility for that kind of thing.
Bryan Entzminger: 00:09:22 And you may also find that there's a much higher price point to this kind of business model,
Bryan Entzminger: 00:09:26 because there's a larger infrastructure to support.
Bryan Entzminger: 00:09:30 Now, there may sometimes be some benefit because of things like economies of scale.
Bryan Entzminger: 00:09:34 But typically you're going to find that this is going to be a higher price point.
Bryan Entzminger: 00:09:38 And at some point there is going to be a diminishing return for your increased cost.
Bryan Entzminger: 00:09:43 And so that's really something that
Bryan Entzminger: 00:09:44 you're just going to have to think
Bryan Entzminger: 00:09:45 through and determine if this is the right tool for you.
Bryan Entzminger: 00:09:48 Agency,
Bryan Entzminger: 00:09:49 Annie, this is going to be the right
Bryan Entzminger: 00:09:51 solution.
Bryan Entzminger: 00:09:52 Annie is a full-time podcaster, whose podcast is the center of her content ecosystem.
Bryan Entzminger: 00:09:58 However, she also offers coaching and consulting.
Bryan Entzminger: 00:10:01 She sells advertising and has a magazine, and she also has three books that are out there and she needs help with.
Bryan Entzminger: 00:10:08 Everything she needs help with editing and content strategy.
Bryan Entzminger: 00:10:11 She wants to do something with a really high production value.
Bryan Entzminger: 00:10:13 So she's going to need help
Bryan Entzminger: 00:10:14 with story editing and writing scripts and research, and a whole gamut of other things.
Bryan Entzminger: 00:10:21 Her show is going to have a very
Bryan Entzminger: 00:10:22 high production value and she needs to know that it's going to be great every single time.
Bryan Entzminger: 00:10:28 So she's looking for an agency that can help her deliver.
Bryan Entzminger: 00:10:32 The last one.
Bryan Entzminger: 00:10:33 And I think this is one that a lot of people skip and it is probably because it's maybe not appropriate
Bryan Entzminger: 00:10:37 for them, but there is the option to have an employee working full-time or part-time for you.
Bryan Entzminger: 00:10:42 This may be something where they have additional duties beyond just.
Bryan Entzminger: 00:10:46 Editing a podcast.
Bryan Entzminger: 00:10:48 The pros for this kind of model is that you are typically going to have a stronger working relationship with this person that
Bryan Entzminger: 00:10:55 you may not have to share their workload with other people.
Bryan Entzminger: 00:10:58 Right?
Bryan Entzminger: 00:10:58 So if you're working with a freelancer that freelancer may have other clients, whereas if you have
Bryan Entzminger: 00:11:04 somebody working for you, they're working for you.
Bryan Entzminger: 00:11:07 And one of the benefits that a lot of people maybe overlook is that.
Bryan Entzminger: 00:11:11 You can define their success metrics based on what's good for your business goals.
Bryan Entzminger: 00:11:16 So you can make sure that the metrics that the editor that you're working with, that the editor that you hire
Bryan Entzminger: 00:11:22 as an employee are aligned with your business goals.
Bryan Entzminger: 00:11:25 So that everybody's sort of marching to the same drummer, if you will, as opposed to, if you're working with somebody.
Bryan Entzminger: 00:11:33 Is a contracted business or a freelancer.
Bryan Entzminger: 00:11:35 Typically what you're going to be measuring them on is what's specified in a contract, which
Bryan Entzminger: 00:11:40 may not be at all related to business goals.
Bryan Entzminger: 00:11:43 So that's, that's the benefit there.
Bryan Entzminger: 00:11:45 The cons though, is depending on how this plays out, it could be significantly more expensive when
Bryan Entzminger: 00:11:50 you start thinking about things like insurance and employee taxes and all of those kinds of things.
Bryan Entzminger: 00:11:55 It could be more expensive.
Bryan Entzminger: 00:11:58 You're going to be the one who's responsible for supplying an appropriate amount of work and
Bryan Entzminger: 00:12:02 management oversight and all of that kind of stuff.
Bryan Entzminger: 00:12:05 And you're back to being the one who has to plan for vacations and illnesses.
Bryan Entzminger: 00:12:08 This is just part of having a business.
Bryan Entzminger: 00:12:10 And so if you've got an employee, this is going to be part of that.
Bryan Entzminger: 00:12:13 Our
Bryan Entzminger: 00:12:14 example here is going to be employer.
Bryan Entzminger: 00:12:15 Eli.
Bryan Entzminger: 00:12:16 Eli has actually been in the process of outsourcing the production of his podcast for a while.
Bryan Entzminger: 00:12:21 He also has some other videos and some other content that a production team handles for.
Bryan Entzminger: 00:12:26 He loves what they do, but he's starting to feel constrained by having to fit everything into their production timelines,
Bryan Entzminger: 00:12:32 because they're always balancing the needs of multiple clients.
Bryan Entzminger: 00:12:35 He's decided
Bryan Entzminger: 00:12:36 that it's going to be the best
Bryan Entzminger: 00:12:37 thing for him to bring in the editing and production into his business so that he
Bryan Entzminger: 00:12:42 can ensure that everybody's working towards the same goals and can be responsive to changing business needs.
Bryan Entzminger: 00:12:49 He already has people in place who can handle things like social media and the other marketing and all that kind of stuff.
Bryan Entzminger: 00:12:54 Even though that other team was handling that he can bring that in.
Bryan Entzminger: 00:12:57 He's confident that his team can handle that.
Bryan Entzminger: 00:12:59 So he just needs to find somebody who can come in and be part of his business and handle the video and the audio content.
Bryan Entzminger: 00:13:06 So here's the question for you?
Bryan Entzminger: 00:13:08 Does one of these, describe you or maybe fit your needs a little bit, given the chance would you choose to
Bryan Entzminger: 00:13:14 work with a freelancer, a small team, an agency, or an employee make a note of that and then come back next
Bryan Entzminger: 00:13:19 week.
Bryan Entzminger: 00:13:20 We're going to talk about
Bryan Entzminger: 00:13:21 what you're going to do with all the time.
Bryan Entzminger: 00:13:22 You'll get back by having an editor working on your show.
Bryan Entzminger: 00:13:27 If you'd like to be able to get the clarity you need in order to avoid making a hiring mistake, be sure to download our
Bryan Entzminger: 00:13:32 guide 15 questions to ask before hiring a podcast editor, you can find it at HireAPodcastEditor.com/15questions,
Bryan Entzminger: 00:13:41 and it'll be linked up in the show notes.
Bryan Entzminger: 00:13:42 It's totally free.
Bryan Entzminger: 00:13:43 We don't require an email address or anything like that.
Bryan Entzminger: 00:13:46 We just want to make sure that you have the tools that you need to make the right decision for you.
Bryan Entzminger: 00:13:50 That guide has the questions we'll talk about on this show.
Bryan Entzminger: 00:13:53 Some instructions and suggestions.
Bryan Entzminger: 00:13:55 Even a place to take notes.
Bryan Entzminger: 00:13:57 If you want to get even more out of it, though, be sure to subscribe to this show at HireAPodcastEditor.com/listen
Bryan Entzminger: 00:14:04 and share it with the rest of your team.
Bryan Entzminger: 00:14:06 Your work is important.
Bryan Entzminger: 00:14:07 Now.