Loading summary
A
Well hello boys and girls, ladies and germs, my esteemed and lovely listeners. Short version, I'm getting rid of ads and sponsors for a six month test and the podcast will continue to be free, 100% free, nothing behind a paywall. And you can learn more about that and why at Tim Blog Support. That's Tim Blog support. I'd really appreciate if you listen to this message in full, it's not going to be super long, so here is a little bit more. Thousands of you fans, readers, listeners have asked me over the years, how can I thank you? I want to thank you on Twitter and all sorts of other places. What can I do to thank you besides buy your books? And I've never had a product. I've never wanted to just come up with a product or a course or fill in the blank. Nonetheless, nearly 400 episodes with the podcast later, 400 million or so downloads, a thousand plus blog posts, and so on. I've thought about this and I've thought about it a lot recently because the sponsorship model, when I actually look at the calendar, it's great on a lot of levels, but it cuts into time and resources. I'm not learning very much and it's an elegant model in some respects. I don't think advertising or sponsorship is evil and I turn away 90 plus percent of my sponsor inquiries anyway. Test everything, reject another 90% and only share the stuff I end up using personally. So I don't feel badly about that at all. I feel really good about it. But it chews up a ton of time and energy for me and my team, which I would rather spend on doing more experiments, doing more crazy, pushing the envelope stuff that I can then report on and share with you. That is in my power zone. And it's why many of you ended up reading my books or listening to this podcast in the first place. So I'd rather do more of that, sort of less hustle, more art and experiment. So this seems to be that is a fan supported model, the most direct way to fix this. And it's just the cleanest, most attractive way to go about it. I want to simplify, simplify, simplify, do more experiments, do really, really cool stuff. Like for instance, you've seen me support studies for treatment resistant depression at Johns Hopkins and other places. I want to do more of that kind of thing. I want to do all sorts of wacky things that I can then report back on. And look, if we try the fan support model for six months and it doesn't work, then we go back to sponsors because the podcast has really become the machine, the engine that feeds everything else. And I want to have a sort of positive dent in the world. And the fuel for a lot of that comes from the podcast. And what do you get for that? You don't get a beer cozy. I'm not going to mail you a bunch of garbage that you don't want. It's really, if you just feel awesome about supporting what I want to do in the world and the experiments I want to conduct and the learnings I want to share and so on, that's it. So if my book, if the podcast, if anything, has had a significant impact on you or people you love in any way, just consider giving a few bucks a month to it. And you can find it at Tim Blog Support. You can finish the entire process in less than two minutes. Tim Blog Support. And if it doesn't feel great to do, don't do it. You don't have to pay for it. It's always going to be free. It's never going to be behind a paywall. So don't sweat it. It should feel awesome. You should feel really good about doing it, if you do it at all. And if you don't, don't do it. Really, you're just going to have an upgraded listener experience for the next six months without sponsors. And if this experiment fails, meaning the fan supported stuff, then we'll go back to the sponsorship model. Okay, check it out. Tim Blog Support. And it would really mean a lot and it'll also give me an opportunity to see how many diehards are there, how many people out there would actually want to support in this way. So I'm really curious. Tim Blog Support. Thanks for checking it out. Love ya.
Podcast Summary: The Tim Ferriss Show - "Less Hustle, More Art — Moving to a New Model"
Episode Information
In this episode of The Tim Ferriss Show, Tim Ferriss announces a significant shift in the podcast's operational model. Addressing his loyal listeners, Ferriss outlines plans to temporarily remove advertisements and sponsorships in favor of a fan-supported approach. This change aims to enhance the quality and focus of the podcast content.
Elimination of Ads and Sponsorships for Six Months
Ferriss begins by informing his audience about his decision to eliminate ads and sponsors for a six-month trial period. He emphasizes that the podcast will remain entirely free during this time.
“I'm getting rid of ads and sponsors for a six month test and the podcast will continue to be free, 100% free, nothing behind a paywall.” [00:00]
Reducing Time and Resource Consumption
Ferriss elaborates on the challenges associated with the sponsorship model, highlighting how managing ads consumes significant time and resources. This diversion detracts from his primary passion: conducting experiments and sharing innovative insights with his audience.
“But it chews up a ton of time and energy for me and my team, which I would rather spend on doing more experiments, doing more crazy, pushing the envelope stuff that I can then report on and share with you.” [00:00]
Maintaining Quality and Authenticity
By moving away from the sponsorship model, Ferriss aims to preserve the integrity and authenticity of his content. He underscores his selective approach to sponsorships, noting that he already rejects over 90% of inquiries to ensure alignment with his personal use and values.
“I test everything, reject another 90% and only share the stuff I end up using personally. So I don't feel badly about that at all. I feel really good about it.” [00:00]
Focusing on Innovation and Impact
With the reduction in administrative burdens, Ferriss plans to dedicate more time to innovative experiments and impactful projects. He references his support for studies on treatment-resistant depression at Johns Hopkins as an example of the meaningful work he intends to expand upon.
“I want to do more of that kind of thing. I want to do all sorts of wacky things that I can then report back on.” [00:00]
Exploring the Fan-Supported Model
Ferriss introduces the concept of a fan-supported model as a cleaner and more attractive alternative to sponsorships. He expresses interest in testing this approach to gauge its effectiveness and the community’s willingness to support the podcast financially.
“That seems to be the fan supported model, the most direct way to fix this. And it's just the cleanest, most attractive way to go about it.” [00:00]
Joining the Tim Blog Support Community
Listeners are encouraged to support the podcast by contributing a few dollars monthly through the Tim Blog Support platform. Ferriss assures that this process is simple, taking less than two minutes, and that contributions are entirely voluntary without any expectation of material rewards.
“If my book, if the podcast, if anything, has had a significant impact on you or people you love in any way, just consider giving a few bucks a month to it.” [00:00]
No Obligations or Paywalls
Ferriss reassures his audience that the podcast will remain free regardless of their decision to support. He emphasizes that there will be no paywalls or unwanted items sent to supporters, making the gesture purely about fostering a supportive community.
“You don't have to pay for it. It's always going to be free. It's never going to be behind a paywall.” [00:00]
Experimentation and Listener Impact
Ferriss concludes by reiterating his desire to create a positive impact through his work and experiments. He views this shift as an opportunity to better serve his listeners by focusing on more creative and experimental endeavors.
“I want to have a sort of positive dent in the world. And the fuel for a lot of that comes from the podcast.” [00:00]
Next Steps
The six-month fan-supported experiment will help determine if this model is sustainable. Should it not meet expectations, Ferriss commits to reverting to the traditional sponsorship model, ensuring the podcast remains a robust platform for his projects and insights.
“And if this experiment fails, meaning the fan supported stuff, then we'll go back to the sponsorship model.” [00:00]
For more information or to support the podcast, listeners are directed to visit Tim Blog Support.
Key Takeaways:
Notable Quotes:
This episode marks a pivotal moment for The Tim Ferriss Show, reflecting Ferriss's commitment to delivering high-quality, authentic content while fostering a supportive community of listeners.