What’s the most important parts of the Value For Value model?
In Ep #17 I’m doing a recap of what I have really learnt and how this philosophy should be thought through. Some highlights include: the 3T’s (time/talent/treasure), subjective price discovery, play to pay, free isn’t free and the most important; you need to ask for support (people aren’t mind readers).
No boosts this week so we have a sad owl. I'm starting to run out of animals people :(
Timeline:
(0:00) - Intro
(0:51) - My V4V list
(7:25) - Podcast Index news
(11:09) - Boostagram Lounge
(11:40) - Protip: Follow the method
Value 4 Value Support:
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Welcome everyone to anotherepisode of the value for value Podcast, the podcast thatexplores the value for value model and seeks to informourselves myself even on the nuances that are containedwithin the model that is developed fell model created byAdam Curry and popularized by him and is making its way outinto the world. Now, this, I'm gonna give you a quick reminderright at the start to give me a boost, boost group boost, I doappreciate them. But then I'm going to use this episode as aalmost like a highlight exploring some computer chipsfor the last three months. And yeah, you know what, I'll do abit of a recap. So that's going to be episode 17 V for vsgreatest hit. So I created a bit of a list recently, inpreparation for talking with the pod father, Adam curry, which Ihad on the May models podcast that's actually out now. Sorry,it will be out within the next week upon you hearing this. AndI wanted to read from this because it was created from myown listening, but also my own experiments on this podcast,obviously, and then also from these episodes. So here we go.This is the list, overall value value is more of a philosophythan a step by step model. So it's not like do this, do thatdo this, and then you'll be set for life and, you know, fullycontained, everything's good.
No, it's a, it's more of ageneral philosophy that you have to get your mind into. Andyou'll start thinking along the terms of value for value, ratherthan being like, Oh, if I just do this, then I'm going to besuccessful in doing the value for value. One of the mostimportant things the three T's time, talent and treasure, andthis is just a way of saying that value comes in many ways.So don't get fixated on the monetary aspect, although veryuseful. The you don't want to be blindsided or not evenblindsided, but leaving yourself leaving useful, helpful thingson the floor, you know, you could get money in for sure. Butwhat if you're gonna have to just use that money to pay alawyer for your copyright infringement, or for someonewho's stealing your podcast, and you know, seeking for that, youknow, what if instead of a person sending money in, theywere a lawyer, and they're just like, hey, I'll just give yousome advice, I'll help you out with this, this can save yousome time. So things like that.
Another one, audienceparticipation. So closing the value loop. This is byaddressing the people who are sending it in and making themfeel like they're not just sending messages into a voidinto a black box, and I'll be speaking about that shortly,Sue, free isn't free. So transparency of how you will bepaying one way or another, the good thing with value for valueis you essentially showing to the world, hey, this is how, howmuch is coming in, you know, if I want more, I will have tocreate a better product. And then that way you can see, youknow what, you know, they're they're doing good. They'reputting in time and effort there. It's just a way of, Iguess, showing that if you're not paying via support, you'regoing to probably be paying in another way. And then that otherway, might like Facebook not be super transparent. And you mightbe paying more than you think with your data, which isactually quite valuable with your time with your attention,which is now being taken up with advertisements or things likethat. So that's just one I guess the transparency aspect and justrecognizing free isn't, isn't free. It's not it's not thatfree is never free. Check out the models episode that I'velinked in the show notes here.
Because we want and I discussedthis recently. But yes, there is some important aspects there tothat. Another one is subjective price discovery. So if you goback to skipping through my my own notes here, Episode Nine,you'll see the true value requires subjective pricediscovery. So this is essentially saying I don't knowwhat you value I don't know how much how little and I shouldn'trestrict it arbitrarily by saying hey, this is how much mylistening to my podcast costs in a monetary sense. No, you shouldbe able to give whatever you want another one play to pay sothis is the onus is on me the podcast ever creator, thecreator the independent person is onus is on me to bring bringthat upfront value so I can't expect you to pay for somethingthat has not even been created yet. Value for value is notcrowdfunding for a podcast that is yet to be released. No, it'sthe opposite way I do my stuff first and then I really hope andhave somewhat some some expectations that you can helpsupport. Another one it's no donations or tips. i This is notbegging it is Almost closer to a threat or perhaps a bluntreality, I'm not begging for yoursupport, I'm telling you, if you don't help support the value forvalue podcast, it's going to go away. Now, this isn't a fullguarantee that you know, it's going to be going on forever andwhatnot. But it is an appreciation of the moment andsaying, hey, you know, this isn't going to continue forever,it might go away, unless I get some help from you, the audiencemembers and things like that.
Another one, well, you need tohave a great product. So you shouldn't be punished, punishedfor laziness, I should be punished for laziness andresting on my laurels. I should be judged by my latest effort.And I've yet to really, really experienced this, because I'mstill at the smaller levels, I guess. And it's cotton. Youknow, it's hard to know if you didn't get some, some Satoshisthis last week, because my product was really shit, or ifbecause, you know, one of my supporters just forgot to do itthat week, something like that. So that's more for an upperlevel, but you should be really trying to refine your product inthe first place. That's just, you know, common sense. I guess.If you're, if you're doing something, you'd probably wantto be trying to get a little bit better at it. If possible, nowalled gardens, so don't listen to limit your listenership. Thisone's more particular to me. But I think it also generallyapplies, which is that anyone anywhere, anytime in any houseshould be able to access my podcast. So I'm not going torestrict it from certain places just because of this, I'm notgoing to say, oh, it's only going to be on Spotify, or it'sonly going to be here. Now I want you to be able to get itanywhere, anytime, anyone to have it. So I should probably tobe honest, be trying to, to make it a bit more available throughlower bandwidths for people in African countries and thingslike that, for example. But it's a bit of a trade off as well,you have to examine how much time you have in the day, andhow much you really can make available. And then the mostimportant one you need to ask.
So constant reminders in avariety of ways as your audience aren't mind reader's, they donot know if you need help out. And they can't predict if youneed help if you don't tell them. So you need to ask forsupport. Just like I'm asking now. Give me a boost. Hey,please help me out. So those are the main aspects just rightthere. And I now want to just jump on to the next section,which is about the podcast index news. So the last episode wasepisode 64. Dave Knight him man. And so that's kind of I wouldhighly recommend someone if you haven't seen it before to checkout the Yolo creator Michael Cusack, he had a another YouTubevideo called weed heads. And it's just basically like to tostoners, when to stoner cartoons sitting on top of planet Earthand just talking to talking about weed man and just had deepconversations. You just can't get on my level man. So that'sjust a little funny thing right there. But some of the news isone I for 1am really happy that Dave is working on the BrewsterGraham proliferation. So this is his heli pad edition, which isfor the Umbral device I'm not gonna lie, I'm not the latest upto date on the Lightning Network and nodes and all those things,essentially, I believe it's a way that if you have a node, youcan use this Umbral device to pass out the boostagrams thatare coming in the messages, maybe give some graphs andthings like that. So he's been spending a lot of time doingthat instead of working on some other things like live acrosscomments and other useful features but honestly, I thinkit's really really smart on his part to be doing that the mainthing for me has been boosta grams that's the value for valuecomponent of doing that the additional features are great, Ilove chapters. I love I don't particularly use transcriptsmyself but some of the other like location is fun. I thinkthat's cool. Once again, I haven't particularly used it sodon't have it on Buzzsprout but some very cool stuff but yeah,the boostagrams that's where it's at people another one is that they weretalking about the curry and the keeper and so I actually didlisten to the first episode of of Adam's new podcast with hiswife and I just gotta say it's, it's very solid, you know, he'sbeen podcasting a long time and she does have a lovely voicethat just fits in with their mood. Their banter is beautifuland they just seem like a really really lovely couple a reallyenjoyed hearing them speak about random stuff like sales andclothes and and other funny things, how they first met andet cetera, et cetera. The performance right, so we'retalking a lot about the madness that is the world of the musicindustry, and And God down. How repugnant does that sound whereyou're you know restricted by so many regulations by you can dothis you can't do that this person needs to pay off youcan't own the rights to this and if you want to try and get themback you have to do this thing and I could just sounded soinsane you know, you know what would be better while justuploading your music onto a onto a podcasting app and then Badabing bada boom, you don't you can put in the royalties, thesplits there and this and things like that. Totally, I get itwhen it's if you're doing that, then there's there's gonna bepeople ripping it off and stealing and you probably needto become a bit aware of that sort of stuff. But yeah, it'sit's unfortunate that the world is like that. But hopefullyvalue for value will help make that industry a little bitbetter. Even if I'm, even if only for a little bit for maybesome of the smaller artists and whatnot, then they can use thevalue for value model and get away greater return than theycan if they were to just put their stuff on Spotify and seeit get chewed up by the beast that is the the middlemen andwhatnot. And that's it for for that section. So we'll go on tothe boostagram lounge. Wait, what was the music, there is nomusic, sad owl time we didn't have any boostagrams comingin. Hoot, hoot hoot. So we'll skip the boostagram section onfor this week. And I will just say a big thanks to the massiveinflux that well there was from last week. So that was Nullifierand Oscar Mary sending in some boostagrams last week, I didappreciate that. So thank you very much. The final section asalways, it's a little pro tip.
And so this is me saying followthe method try out the value for value method. Some of the thingsthat I suggested in the Listening section there, Iwouldn't call it super comprehensive, but I think it'sa pretty good summary of, of most of the core aspects thatI've covered in this podcast and, and what Adam what I'velearned from Adam curry and his his methods and listening to his345 different podcasts where where he's been doing the valuefor value method. It's been an interesting journey. And I'vequite enjoyed it. And I, to be honest, I'm probably starting tosee a little bit of an end creeping up into this for somereasons that we'll talk about shortly. In some some of thenext episodes, but for the moment, yeah, I would just sayfollow the method, see what works for you. And, you know,try it out, try out. If you're not a creator yourself, try outboostagramming or sending some Satoshis sending some support tothe people who you enjoy and who you love listening to because itis very gratifying on the other end and it really does help. Sothat is it for today. Kyrin hooting owl out