Sean Cannell (35:37)
Okay, great question, Aaron and A couple thoughts. First big thought is you're not alone. The longer you're on YouTube, the more emotional damage and trauma you're going to experience as a human. There's a book from Darren Hardy called the Entrepreneurial Roller Coaster, and I should steal that title and write the book called the YouTube Creator Roller Coaster because it's basically the same idea. What's a roller coaster? Right? You're like, we have highs, we have times. We're like, woo, we're spinning upside down. This is incredible. Like, we're going up and up and up. And then we have times when our, we drop off a ledge and our heart sinks. We're terrified for our lives, we think. And the decline is one of the hardest emotional things to deal with. This is so real. Because first of all, the fact that YouTube even exists is wild. Meaning small town anonymous kids like myself who grew up on six acres in Arlington, Washington, with goats and cats and dogs and horses, start posting videos online like I did randomly in my bedroom and started to do it consistently over years, and then eventually got a thousand subs, and then eventually got 10,000 subs, and then eventually got a silver play button and a gold play button. What are we talking about? Like, small town kid, college dropout. A million people have subscribed to Think Media. No Hollywood connections. Like, that's a level of growth. I heard it said on one podcast too. What's also weird about the creator economy is I don't want to like overemphasize that, like, growth in a million subs or a million followers is super common. But what this person said on the podcast was almost everybody knows somebody now. There's like, maybe someone in their circle these days, maybe it's younger. But like, there's somebody, they're like, oh yeah, that person has like a hundred thousand followers on TikTok. Oh yeah. No, I know somebody that's got like a million subs. Oh yeah, that person I went to high school with, like, yeah, they have like a truck channel. They got like a quarter million subs. Like, and so. So that's insane. And then you start thinking about the fact of what the rise of that feels like on YouTube. If you get a 1 out of 10, you get the green, you have the months. So we don't know what Aaron's numbers are. But let's just go back to when the. When it wasn't. It wasn't down 70%, it was up 70%. What the heck is happening? Like, I'm just making videos at home and I have A hundred subs. But I just had a month where I just doubled my whole channel. Got a hundred subs in one month or one week or one video. We're talking about real brain chemicals. We're talking about you're getting hit with, you know, dopamine. You're, you're experiencing the, the up and the high of the roller coaster. I would say this and it's proved true in business and YouTube and content and life. Every business, the stock market, I mean what goes up must come down. And there's businesses who've over the years have. Maybe their trend has been up and up and up or channels. But guess what's also happened along the way. We could look at, you know, Elon Musk and Tesla, especially in this area era. One of my friends is a massive investor in test Tesla. He was so early. He bought the first ever Tesla. He was on a waiting list. I didn't even, I didn't even know who Elon Musk was. He was the biggest fan of him. I was like, I've never heard the name. This whatever year ago this was. I remember he got the auto driving. I made a video. So his name's David. He lived it. He's like, I'm just so pumped. And I was like, dude, who even cares? Electric cars this 10, eight years ago or something like that. 10 years ago. And so he bought stock super early. Well, what's so funny is whenever I'll see a thing it'll be like, yeah, so we just had the biggest drop in Tesla stock of all time. And I'll. And like a billion dollars of revenue was just erased instantly. I always think about David as I'm, I'm like he's sitting there and he's probably, he's up and I'm like, David just lost like $250,000 in five minutes like yesterday. Like as far as his stock value, I can't personally, I'm not a big investor like that. It's more just retirement account. I'm like I don't know if I can emotionally handle that. Like what are we talk. What like then you have to have the emotional resilience. Okay. That stocks YouTube is the same. So what can happen? I guess this is the OG talking of being on YouTube since 2007 is I've just had to develop the emotional resilience and just seeing seasons, cycles, ups and downs and trying to have the right mindset to even allow myself to come back to baseline. Because there's a couple thoughts here. One, of course you Want to only go up and up, and you don't want to drop, but sometimes when it drops, it drops 70%, but, like, it's still growing. Your views might be down, but you're still getting views. And this ties into human nature. It's like, as soon as we settle at a new baseline of living, it's one of the worst. We never even experienced that before, but now that we've lost it, we're losing our minds. I think it was like, I heard this comedian once who said, like, WI fi on airplanes. And he was like, I've. What's so hilarious to me is that they invent this thing that you could get WI fi on airplanes. And so he goes. The other day, though, I was sitting next to somebody and they announced. And they said, hey, we're happy to announce that today we're actually able to offer WI fi and airplanes. He's like. The guy next to me was like, oh, wow, awesome. I'm gonna log in and start working. So the guy pulled out his laptop, he started, and then he said, 10 minutes into the fight, they're like, actually, there's. There's some technical difficulties. We're super sorry the WI fi doesn't work. And the guy was like, what is this? He's like. And he just lost his mind. He just flipped his top, and he was like, bro, you. You didn't even know you were gonna have access to WI fi. You started it. Even just the tech. The fact that we're flying in a plane, in a chair, in the sky, accessing the Internet, and you got to do that for the last 10 minutes, but now that they're taking it away, he was like, I'm going to write a complaint. I can't believe this. How ridiculous. When he brought a book with him, he wasn't going to be on WI fi anyways. But as soon as we establish a new baseline standard of life, a new baseline standard of views, it flips our psychology. So that's why I'm going deep on this is like, half of YouTube. Success is just mental resilience, emotional mastery, of course, diagnosing the issue, but just understanding. Okay, if you shot, if you took 10 steps forward but four steps backward, you're still six steps forward, and you're still making forward progress. Be okay if there's months of decline. The inevitable nature of 1 out of 10 multiple in a row is how long can this last? Meaning how many one out of tens can you get? Like, in perpetuity? Or you're gonna have to have some 10 out of tens and any with a couple bad months of YouTube, it'll reset your analytics and eventually it'll baseline again and then you'll start going for green again. And so those resets are okay. Let's focus on some practicals though. So if you your subs went over, could it be because of YouTube shorts? Absolutely. Number one, YouTube shorts do not convert very well in terms of subscribers. That's universally understood. I can affirm that with my own behavior. I love consuming YouTube shorts. It's entertaining. I move through a lot of creators. Even based on my consumption, I'll still get being I'll get suggested the same creators, I would say almost never less than 10 times. And I'm a YouTube shorts consumer. Have I ever clicked the subscribe button on a YouTube short? Personally, I think a lot of people can relate to that. It's interest media. It's like the media is being brought to you. You're engaging with stuff, you might like it, you might comment, you might just post, move on. And those times, the power of YouTube shorts is there are moments where I'm like, dude, who is this person? This is interesting. Click through their channel, check out who they are. By the way, typically that for my case, the subscribe wouldn't be attributed to the short. The it probably wouldn't even. It would be because I clicked on the creator, watch some long form and then got the subscription. So it wouldn't even show you in analytics that the subscriber was led to a short in my case. So just knowing that YouTube subscribers don't really convert that well on shorts. And that could be why if you went really heavy into shorts and then you have to ask yourself, are you okay with that? Should you lean more into the long form? What is your goals? What's your bigger foreign strategy? Less long form content a lot of times is going to lead to less deep connection. Also when it comes to shorts, you might, you might. I'm curious, are your views up? Your subscribes could be down. Your views could be up because shorts can reach untargeted audience. Reach it, reach audience you don't want. You don't want to connect with as much. One of the funny stories from Think Media podcast channel is I interviewed a guy named Eric. So number one, think about this from a personal standpoint, like personal brand standpoint. This is a strategy conversation. On Think Media podcasts. There's a couple goals that I have. One, I want to build the brand, the Think Media podcast. Secondly, I also do want to build my Personal brand Sean Cannell. And I'm clearly here a lot. I think a lot of people on the podcast recognize that. But thirdly, I want to build brands of individuals at Think Media, like Nathan, who's on here as well, and our coaches and different people at Think Media. On the other channel we have Craig, we've got the other Nathan, we call him Nathan, Mark 1 and Mark 2. By the way, there's two different Nathan's at Think Media. And so I'm thinking about building a media company, not just an individual personal brand. Okay. And then I also want to build that around a particular type of expertise. YouTube advice, how to grow a YouTube channel, how to build an online business, online marketing, best practices, unfiltered YouTube tips for building profitable content. That's why you should click subscribe on this video. So back to the story with Eric. So I interview somebody who's not me. We have lots of interviews, but he comes on the show in the interview. We interact a lot. But I interview a guy named Eric. He's not me, he's on the show. Thing one, he tells a story about somebody else. In this case it's Rob Derdict from Fantasy Factory and from Ridiculousness. So now you have somebody that I'm interviewing telling a story about a celebrity that is pretty well known and he breaks down the story pretty well. But the entire subject matter of this clip is all about Rob Derdict. Okay? We clip that into a YouTube short. It goes crazy to the tune of over 20 million views. So that's what's wild. Now by the way, the video earned actually $3,500, which is really good money. But that just tells you how many 20 plus million views to earn $3,000. Which I'm not complaining about. Here's what I am complaining about. I'm okay with it. But here is the trouble with it is let's talk about what happened there in the video. Eric who let me say, like he's known and people like him and stuff but like, but nobody cares about Eric. People definitely don't care about Sean. I think the only time I'm in this, this YouTube short is like I like look at him halfway through the story and I'm like, like my whole contribution to it is like, like who's that guy? Like so he's kind of like a non playable character. I'm a totally non playable character from like GTA 1. Like just, just a brain dead NPC in the video. That's me telling a really interesting perspective. Clearly the video did well about Rob Derdict, who is known and thus got shared in the algorithm. So what's then hilarious is you get 20 million views on a short, you're going to get a lot of subscribers. We did. But here brings brings up the question, what are the quality of those subscribers? Not very good for a couple reasons. One, they're YouTube short subscribers. I don't want to put down anybody, but the quality of a YouTube short subscriber is nowhere near the quality of a long form subscriber. But even worse, what did they subscribe for? Definitely not Sean Cannell. The personal brand? Not really. Think media podcast. The YouTube education brand. Not even if I was helping my friend Eric. Not even him. They don't know who he is, nor will they find him or look him up. Rob Derdek was already big and he's just as big and like the story was interesting and to be fair, you get that kind of views. Yeah. There is legit growth that'll come to your channel to the fraction of like 1% of 1% of 1% of 1%. 20 million views out of the 6,000 or 8,000 subs. We got maybe a few hundred or maybe 50. We're like, whoa, I stumbled on a YouTube education channel that I this is so cool. Cool. And I click subscribe and I keep watching today. But it's like the law of diminishing returns is so extreme. I think this is an important mindset, Aaron, that shorts can reach different and untargeted audiences. And to that point they also just might not want to subscribe. Maybe they discover that the nature of the short or why it popped off or what it was. They don't want the ongoing content from your channel or the mistakes people make. And you could almost call this a mistake. I still would stand on. Macro growth is generally fine. The YouTube algorithm algorithm is going to figure it out. It will inflate the numbers of our channel. That's a vanity metric for wow. Like, well, your channel just grew 10k subs. And I'm like, yeah, I mean kind of like not 10k deep, committed. Like it grew. So even understanding vanity metrics, I'll take it, that's my personal opinion. But that could lead to maybe why subscribers are, are down. And. And if there's dissonance between your shorts and the core message of your channel, that could be a big problem. And so that could be a reason or algorithmic volatility as well as just maybe your channel in general. We also could be wrong. We talked a lot about this. A lot of nuggets in those shorts. But you also might be attributing causality to something that also channels in general are experiencing. You just maybe need to reinvent in general. It might have just been summer. At the time of recording this, it was just July 4th weekend. And I had a video that now is popping off. I actually posted it on Saturday morning. It's popping off on Monday. I did some tweaks. I did a second and third batch of thumbnail split tests. I did some stuff. I'm out here doing our seven step system. But then I noticed on Monday when the holiday weekend was over, that there also is a more consistent climb. And so consider this. I can't say for sure, but here's my speculation. People checked out on the weekend. Hot dogs, they were on the boat. The true patriots were doing skeet shooting and shooting rifles. The people who don't believe in the second amendment weren't. There was, you know, people were shooting fireworks and doing their thing and they, their consumption patterns. So it's, why did you just talk for 45 minutes? Well, I mean it's, I think there's a lot of strategy that comes into this. But Aaron, it also could just be like, relax, take a deep breath. There'll be ups and downs and challenge yourself to consider all of these data points. But also like 70% over the last two months, your rate of subscriptions being down. Sounds like just normal YouTube life. It could be a lot of different things. Look at the math of your channel overall. Look at different windows of time. Look at the last 90 days, look at the last year. Sometimes you're like, man, I'm down the last two months. Yeah, you look in the last year though, and you're up 300% still. And so the, the, the, the rise and fall of the stock, the rise and fall of the income and the P. L. The emotional mastery for a business owner is huge. We're, we're, we're, we had a couple down months here at Think Media. I can lose my mind. I'm like, oh my gosh, what is happening? And then, then you look back in history and you're like, oh yeah, it's like the same slump as last year. It's summer or oh yeah, there was an election, it was a holiday weekend. So there's just different things like that. To allow yourself to always be vigilant and looking at the details and, and you know, committing to conversations like this because all these nuances really matter. For the professional content creator, on the flip side, it's kind of like letting it go, being able to just get back to it and then say, okay, let me make my next best content based on the information and not stress too much and sheesh, tap back into somewhat of the joy of creating and being like, I'm going to take the ups, I'm going to take the downs and I'm going to commit to this over the long haul and not be as worried by these short term metrics.