Oct. 26, 2022

All-In Podcast Says Traditional Brands Will Be Dead In 30 Years | Echo Chamber

Welcome to The Echo Chamber. Quick riffs and hot takes from around B2B Marketing. 
On today's show the guys discuss the bold claim on the "All-In Podcast" that traditional brands will be dead in 30 years. Agree or disagree? You're about to find out. ...

Welcome to The Echo Chamber. Quick riffs and hot takes from around B2B Marketing. 
On today's show the guys discuss the bold claim on the "All-In Podcast" that traditional brands will be dead in 30 years. Agree or disagree? You're about to find out. 
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Transcript
WEBVTT 1 00:00:08.199 --> 00:00:12.880 Conversations from the front lines and marketing. This is B two B Growth. 2 00:00:16.839 --> 00:00:20.160 Welcome back to the echo chamber. Here on B two B Growth. I'm 3 00:00:20.199 --> 00:00:23.239 here with James Carberry, Dan Sanchez, and I'm Benji Block, and we're 4 00:00:23.239 --> 00:00:27.480 gonna give you quick rifts, hot takes from in and around marketing. And 5 00:00:27.679 --> 00:00:30.960 today we want to talk about the All In podcast. There. I think 6 00:00:31.000 --> 00:00:34.560 they're like the twentieth biggest podcast in the world or something. They're high up 7 00:00:34.600 --> 00:00:37.600 on the charts. Uh, James, you want to explain real quick what 8 00:00:37.640 --> 00:00:40.840 the all In podcast is it all? Or like maybe give some context there. 9 00:00:41.159 --> 00:00:44.240 Yeah, So the All In podcast is most of talk about tech. 10 00:00:44.280 --> 00:00:48.240 It's a lot of VC guys that you have made jillions of dollars in tech 11 00:00:48.320 --> 00:00:52.320 and now they're you know, venture capitalists, but really really smart folks. 12 00:00:52.359 --> 00:00:57.640 And I saw this TikTok video the other day where essentially they're talking about how 13 00:00:57.920 --> 00:01:02.119 traditional businesses you know, and guy in here I think is that David Friedberg 14 00:01:02.479 --> 00:01:07.159 is basically saying traditional businesses are going to be dead in thirty years unless they 15 00:01:07.239 --> 00:01:11.040 start to become content businesses. Because you're seeing you know, the Mr Beasts 16 00:01:11.040 --> 00:01:15.799 of the world, the Paul Brothers, the Kardashians. You're seeing all these 17 00:01:15.799 --> 00:01:22.000 folks that are building massive influence, massive audience. They have attention, and 18 00:01:22.079 --> 00:01:25.959 like we've been saying, like we are in the attention economy. Those who 19 00:01:26.000 --> 00:01:30.640 own the attention own all the leverage. And what started, you know, 20 00:01:30.879 --> 00:01:34.200 seven eight years ago by seeing you know, oh that's cute. They're over 21 00:01:34.200 --> 00:01:38.159 there building a following on YouTube. Oh that's cute. It's now turning into 22 00:01:38.200 --> 00:01:44.439 people starting burger franchises, candy companies, make up lines that gets sold in 23 00:01:44.519 --> 00:01:48.359 airports all across the country. I mean the Paul Brothers with their drinks. 24 00:01:48.439 --> 00:01:52.120 Yeah, I mean these influences. It's far beyond cute. I mean they're 25 00:01:52.120 --> 00:01:57.359 building legitimate businesses that these folks on all in and are brilliant guys, and 26 00:01:57.359 --> 00:02:02.400 they're saying these traditional busin this is have to look at what's happening and start 27 00:02:02.560 --> 00:02:07.680 making decisions that keep them from falling into the trap of getting beat by these 28 00:02:07.719 --> 00:02:13.919 folks that have built massive amounts of attention online. Mr Beast launched a chocolate 29 00:02:13.919 --> 00:02:15.680 bar, became like the number one chocolate bar in the country. He just 30 00:02:15.759 --> 00:02:21.400 opened up a burger restaurant last week, Number one. No more than that, 31 00:02:21.479 --> 00:02:23.680 like a hundred thousand or something. Kylie Jenner launches a makeup brand, 32 00:02:23.960 --> 00:02:28.719 takes off, becomes this billion dollar brand. Kim Kardashian launches a clothing brand, 33 00:02:28.960 --> 00:02:30.319 becomes a three billion dollar brand. And here's what I think is the 34 00:02:30.319 --> 00:02:35.800 most prescient emin A transaction, And you guys can tell me I'm crazy. 35 00:02:35.919 --> 00:02:39.520 I think the most important emin A deal of was when Pen Gaming bought bar 36 00:02:39.560 --> 00:02:46.280 Stool Sports, because it shows that every consumer package good or every consumer services 37 00:02:46.360 --> 00:02:50.879 business ultimately needs to be a content business. And if you don't naturally have 38 00:02:51.000 --> 00:02:53.520 content creation in your blood, you have to go and buy a content business 39 00:02:53.599 --> 00:02:57.560 or you're going to die. And that's why I think all traditional brands that 40 00:02:57.599 --> 00:03:04.199 aren't oriented and built around content creation as their primary differentiating foundation will not survive 41 00:03:04.240 --> 00:03:07.080 and will not be able to compete effectively. And instead, what we're going 42 00:03:07.120 --> 00:03:13.879 to see his influencers build and distribute consumer goods and consumer services in a more 43 00:03:13.919 --> 00:03:17.199 efficient way because guess what they've got distribution built in. Let's say Coca Cola 44 00:03:17.240 --> 00:03:20.759 tried to build a content business today, how good would they be? Not 45 00:03:20.919 --> 00:03:23.599 very good. That's why they're gonna end up dying and do you think Mr. 46 00:03:23.680 --> 00:03:28.439 Beast Burger could beat McDonald's. Yes, and that's what I'm saying. 47 00:03:28.439 --> 00:03:30.159 That's my point. That's why it's kind of saying when you think about it, 48 00:03:30.159 --> 00:03:35.120 if Mr Beast had five thousand franchisees. Yeah, but this is exactly 49 00:03:35.159 --> 00:03:38.199 my point that I said at the beginning. Every traditional brand will get destroyed 50 00:03:38.199 --> 00:03:43.000 in thirty years, and they will get destroyed by the influencers that have built 51 00:03:43.000 --> 00:03:46.960 an audience through content creation and now creating businesses on top of that that compete 52 00:03:47.000 --> 00:03:52.639 with the traditional incumbents, not technology advantage businesses. I'm talking about core consumer 53 00:03:52.680 --> 00:03:55.439 goods and services. They also have to be pen gaming. Pen gaming does 54 00:03:55.479 --> 00:03:59.159 betting. You know, there's no real advantage in betting. You build a 55 00:03:59.199 --> 00:04:01.439 sports book. That's it. The reason Penn Gaming bought bar Stool is they 56 00:04:01.439 --> 00:04:04.759 now have an audience that they can drive to their sports books, right, 57 00:04:04.800 --> 00:04:08.360 and so the same will happen. Was still have to make a great product 58 00:04:08.360 --> 00:04:12.120 though, I mean that's the other challenge here is can you also be a 59 00:04:12.159 --> 00:04:16.279 product savant? Can you be a virtuoso in building products in transition to being 60 00:04:16.279 --> 00:04:18.600 an influence? Yeah, And I think that's what him gets right. She 61 00:04:18.680 --> 00:04:23.879 makes great product and Mr Beast his first burger was not good. But now 62 00:04:23.879 --> 00:04:26.759 this new burger, from what I understand, is awesome. So you have 63 00:04:26.839 --> 00:04:29.519 to have both things switched on. Think about think about what's easier and what's 64 00:04:29.560 --> 00:04:32.879 harder. What's easier building an audience of two billion or a billion people that 65 00:04:32.920 --> 00:04:36.720 listen or watch you every week or building a great burger. It's a lot 66 00:04:36.759 --> 00:04:43.279 harder to build the audience and the product, if it's really hard. Yeah, 67 00:04:43.319 --> 00:04:46.800 it's not. I'm not talking about complicated cars and stuff or electronic I'm 68 00:04:46.800 --> 00:04:50.800 talking about basic consumer goods, cereal, beverages, food, Why not community 69 00:04:50.839 --> 00:04:55.000 of music, audience, like like all this stuff that's commodity. You know, 70 00:04:55.279 --> 00:04:59.079 betting, I mean this is not the betting is not a differentiated service 71 00:04:59.120 --> 00:05:01.680 offering to consumer. So ultimately, how do you differentiate It's the it's the 72 00:05:01.680 --> 00:05:05.160 audience that you've now built, the brand that you've built through the audience because 73 00:05:05.199 --> 00:05:09.399 of content creation. Yeah, I would say, he breaks. I would 74 00:05:09.399 --> 00:05:13.040 say this is a very hot take that I did not fully agree with, 75 00:05:13.120 --> 00:05:15.000 But he breaks. I'll break it into three parts. This is what his 76 00:05:15.160 --> 00:05:19.120 kind of his hot take was. The First part is that the biggest marketing 77 00:05:19.160 --> 00:05:25.759 and advertising deal of two was when Penn National Gaming bought bar Stool Sports. 78 00:05:25.879 --> 00:05:30.920 That idea is because they're basically they're buying a media company right that does podcasts, 79 00:05:30.959 --> 00:05:32.959 they do all the bar stools is huge. The second part of his 80 00:05:33.360 --> 00:05:40.040 hot take is he says it it shows that every consumer packaged good or consumer 81 00:05:40.079 --> 00:05:44.519 service business needs to be a content business or they're gonna die. And then 82 00:05:44.560 --> 00:05:49.439 the third part is that every traditional consumer brand consumer services company will be destroyed 83 00:05:49.800 --> 00:05:56.439 in thirty years by influencers who have distribution built in. So I would say, 84 00:05:56.480 --> 00:05:59.199 of the three, the first one, I'm like, I don't know, 85 00:05:59.279 --> 00:06:01.480 Like I don't fall low marketing and advertising deals as much to know if 86 00:06:01.519 --> 00:06:04.839 that was actually the biggest deal. So I'm fine with, like, you 87 00:06:04.920 --> 00:06:08.079 know, okay, he knows more on that one, like for sure, 88 00:06:08.399 --> 00:06:13.879 maybe that's right. The second one that consumer package goods or consumer service businesses 89 00:06:13.920 --> 00:06:15.879 need to be content business, I start, I'm like, kind of not 90 00:06:16.040 --> 00:06:18.439 in my head, I'm like, yeah, I like that. The third 91 00:06:18.519 --> 00:06:24.439 one, I don't agree with every traditional consumer brand consumer services company is going 92 00:06:24.480 --> 00:06:27.439 to be destroyed in thirty years. I just don't think that's true. Because 93 00:06:27.560 --> 00:06:32.519 Coke McDonald's. They have staying power for more reasons than just the fact that 94 00:06:32.560 --> 00:06:36.000 people have liked their burgers in the past. They also have the money and 95 00:06:36.040 --> 00:06:40.920 the finance to go higher. Influencers, they don't need to be them right 96 00:06:40.959 --> 00:06:44.959 now, and they're constantly evolving. So when you see a Justin Bieber Travis 97 00:06:44.959 --> 00:06:47.720 Scott get something like the Cactus meal or I think like bieber Head Nuggets, 98 00:06:48.240 --> 00:06:53.439 those things did, they actually boosted sales to the point where you could go 99 00:06:53.480 --> 00:06:58.000 read the New York Times article The Era of the Celebrity Meal, and it 100 00:06:58.120 --> 00:07:01.680 shows that those marketing campaigns truly work. Those are influencers who are driving revenue 101 00:07:01.720 --> 00:07:05.040 for companies like McDonald's and Coke. And the same thing is true even with 102 00:07:05.279 --> 00:07:09.879 Taylor Swift. Taylor Swift didn't get the halftime show for the last several years 103 00:07:09.879 --> 00:07:13.879 because it was a Pepsi halftime show at the Super Bowl. And now when 104 00:07:13.959 --> 00:07:16.639 as soon as Pepsi dropped that, because she's a coke girl, who coke 105 00:07:16.680 --> 00:07:20.120 advertising girl, she was, there was rumors everywhere that she was going to 106 00:07:20.199 --> 00:07:23.240 be the halftime show. She didn't even end up being it. I'm excited 107 00:07:23.279 --> 00:07:26.480 for Rihanna, by the way, but I will end this ramp by just 108 00:07:26.519 --> 00:07:31.079 saying I think he's right on some things. But the projection thirty years from 109 00:07:31.120 --> 00:07:34.600 now that somehow those companies just don't have staying power, in my opinion, 110 00:07:35.199 --> 00:07:39.279 is incorrect. Dan, Where am I wrong in my thinking? What are 111 00:07:39.319 --> 00:07:41.800 you? What are your thoughts? I don't know. I think you're right 112 00:07:42.399 --> 00:07:46.759 to say all is really hard and really strong. There are still taxis in 113 00:07:46.800 --> 00:07:51.120 a post uber lift world. They're still around. There are a fraction of 114 00:07:51.120 --> 00:07:55.720 what they used to be, but they're still here. There are still profitable 115 00:07:55.759 --> 00:07:59.560 taxi companies, just less of them. They were still you know, the 116 00:07:59.560 --> 00:08:03.439 people that book your your vacation, you know, a vacation agents, Like, 117 00:08:03.879 --> 00:08:07.959 yeah, Like they're still around. Their business model looks totally different now, 118 00:08:07.959 --> 00:08:09.879 and now they're just pretty much make money off of affiliate purchases, right, 119 00:08:09.879 --> 00:08:13.079 That's how they make their money. Now you don't pay them anymore. 120 00:08:13.360 --> 00:08:16.720 Things change, Like, I can't believe that thirty years from now, my 121 00:08:16.759 --> 00:08:20.079 local dentist in my town is going to go out of business. He's not, 122 00:08:20.199 --> 00:08:22.920 and he doesn't have to own an own an audience. So but I 123 00:08:22.959 --> 00:08:26.000 think he's right, and that it's going to make a dramatic shift. There 124 00:08:26.000 --> 00:08:30.160 are going to be winners and there are going to be some freaking losers in 125 00:08:30.160 --> 00:08:33.480 this transition, that is for sure. Is it everybody know? Is it 126 00:08:33.519 --> 00:08:37.639 going to affect everybody in some way? Some more, some a lot, 127 00:08:37.679 --> 00:08:41.039 and some a lot less. Right. It's certainly affected the taxi cab industry 128 00:08:41.039 --> 00:08:46.159 when Uber disrupted it. So this massive game of attention is going to disrupt 129 00:08:46.240 --> 00:08:48.840 a lot of companies. It's going to disrupt industries and some people are going 130 00:08:48.879 --> 00:08:52.399 to win and some people are going to lose. Does that mean they all 131 00:08:52.440 --> 00:08:56.720 go bankrupt? No, but some of them will B two B growth will 132 00:08:56.720 --> 00:09:01.399 be right back. There are a lot of questions on marketers minds right now, 133 00:09:01.519 --> 00:09:05.679 and analyzing the latest trends can be a full time job in itself. 134 00:09:05.840 --> 00:09:09.639 Can an a R filter really improve brand awareness? Why are streaming ads so 135 00:09:09.720 --> 00:09:15.399 allowed? What do viewers really think about shoppable ads? Marketing Group does the 136 00:09:15.480 --> 00:09:18.360 hard work for you, dropping a quick to read, free newsletter in your 137 00:09:18.399 --> 00:09:26.039 inbox every weekday, covering essential topics from influencers and advertising to social media and 138 00:09:26.080 --> 00:09:30.279 more. Marketing Group never misses a beat. Get the answers you've been looking 139 00:09:30.320 --> 00:09:33.159 for along with the ones you haven't even thought of yet. Upgrade your game 140 00:09:33.200 --> 00:09:39.200 alongside a growing community of over two hundred and sixty five thousand marketing professionals. 141 00:09:39.360 --> 00:09:46.200 Check it out by clicking the link in our show notes right now. So, 142 00:09:46.240 --> 00:09:50.120 this massive game of attention is going to disrupt a lot of companies. 143 00:09:50.159 --> 00:09:52.559 That's going to disrupt industries, and some people are going to win and some 144 00:09:52.600 --> 00:09:56.440 people are going to lose. Does that mean they all go bankrupt? No, 145 00:09:56.320 --> 00:10:01.720 but some of them will. What's interesting to me as we started Young 146 00:10:01.720 --> 00:10:05.159 Married Christian last year and so I started meeting a lot of these Christian influencers 147 00:10:05.159 --> 00:10:11.879 flown down to Orlando to record our show. The more relationships I've built with 148 00:10:11.159 --> 00:10:15.759 these creators that have built you know, and they're not in the Mr based 149 00:10:15.840 --> 00:10:18.799 league at all, but you know, I think one of them is closing 150 00:10:18.840 --> 00:10:24.279 out on two hundred thousand subscribers on on YouTube and building really solid affinity with 151 00:10:24.360 --> 00:10:28.399 his audience and is starting to monetize in different ways. What I think is 152 00:10:28.440 --> 00:10:35.120 powerful about the Paul Brothers and the Kardashians and folks like Mr Beast is a 153 00:10:35.240 --> 00:10:41.840 lot of creators by nature are incredibly creative people and they don't at least, 154 00:10:41.840 --> 00:10:46.000 what I observed in hanging out with them, only a fraction of them are 155 00:10:46.080 --> 00:10:50.519 kind of business minded. They're much more focused on the creative and like, 156 00:10:50.639 --> 00:10:54.000 what is it that is going to be? You know, it's gonna make 157 00:10:54.039 --> 00:10:56.720 this video somebody's favorite video. And Mr Bea says all the time, he's 158 00:10:56.720 --> 00:11:00.720 like, I'm just in the business of making the best videos possible. I 159 00:11:00.759 --> 00:11:03.159 want to make the best videos possible. I want to make the best videos 160 00:11:03.159 --> 00:11:09.159 possible. But what he's showing all of the other creators right now is how 161 00:11:09.240 --> 00:11:15.120 you can have that relentless focus on quality and focus on making the best videos 162 00:11:15.159 --> 00:11:20.080 ever and still build an enterprise around you in the in the attention that you're 163 00:11:20.120 --> 00:11:26.960 able to build with your very specific skill of audience building and attention creation. 164 00:11:26.440 --> 00:11:33.000 And so I think you're gonna see a lot more creatives that start to do 165 00:11:33.039 --> 00:11:37.600 what he's done. Like he's hiring CEOs for these different enterprises and he's saying, 166 00:11:37.639 --> 00:11:39.519 I don't need to go run a burger franchise, I just need to 167 00:11:39.600 --> 00:11:45.000 hire somebody that's done that before. And so I think the more creators that 168 00:11:45.080 --> 00:11:50.039 you see monetizing and very creative outside the box ways, they're just writing the 169 00:11:50.039 --> 00:11:54.519 playbook for how it's going to be done for the next ten, twenty thirty 170 00:11:54.600 --> 00:11:58.440 years, and it's it's exciting. I think it's gonna be really exciting to 171 00:11:58.559 --> 00:12:03.200 play out. I think what you're gonna see is traditional brands are gonna have 172 00:12:03.320 --> 00:12:07.039 to up their game. Like that's why I love capitalism, Like more competition 173 00:12:07.279 --> 00:12:11.120 means it's going to be better for the consumer. Like if Logan, if 174 00:12:11.120 --> 00:12:16.639 the Paul Brothers end up coming out with a burger that's better than McDonald's, 175 00:12:16.679 --> 00:12:20.799 McDonald's gonna have to make a better burger, Like that's what's going to drive 176 00:12:20.840 --> 00:12:24.679 them out of business. And so I think, you know, there's they 177 00:12:24.720 --> 00:12:26.200 were even going back and forth in that TikTok video about like yeah, but 178 00:12:26.240 --> 00:12:30.440 you still have to have a great product. And you know, the guy 179 00:12:30.519 --> 00:12:33.159 was pushing mc and he's like, yeah, and building an audience is way 180 00:12:33.200 --> 00:12:37.639 harder than building a great product. And I would agree with them, like 181 00:12:37.960 --> 00:12:41.240 building a great product not taking any I'm not saying that that's easy at all. 182 00:12:41.360 --> 00:12:45.519 That is incredibly hard. As someone that's tried to build two software companies, 183 00:12:45.960 --> 00:12:52.039 even building software really insanely freaking hard. But I don't think it holds 184 00:12:52.039 --> 00:12:56.360 a candle to how hard it is to to build a thriving audience that knows 185 00:12:56.519 --> 00:13:01.159 and and loves you and has deep affinity towards you. I think that is 186 00:13:01.320 --> 00:13:07.559 much harder than building a singular product, particularly when it's a commodity product. 187 00:13:07.840 --> 00:13:11.320 And so that's that's my two cents on this, James, let me ask 188 00:13:11.320 --> 00:13:15.440 you a question. So let's say, right now, do you have affinity 189 00:13:15.519 --> 00:13:20.960 towards a B two B leader influencer to the point where if they were to 190 00:13:22.039 --> 00:13:24.000 just like give a recommendation, because on the B two B side this is 191 00:13:24.000 --> 00:13:28.440 different. It's not it's not a ten dollar burger, right, So then 192 00:13:28.480 --> 00:13:31.679 I'm like, okay, could you be an influencer to the point do you 193 00:13:31.759 --> 00:13:35.559 have anyone in your life right now that you listen to to such a degree 194 00:13:35.559 --> 00:13:39.519 that if they were like by this software, you would just do it, 195 00:13:39.600 --> 00:13:41.600 you know what I mean? Like, because B two B is not going 196 00:13:41.639 --> 00:13:45.240 to have a hundred thousand people show up for a burger launch in a mall. 197 00:13:45.639 --> 00:13:48.399 That's the Paul Brothers can post on Instagram, and because you know, 198 00:13:48.759 --> 00:13:52.679 for the audience that they it just drives a different type of reaction. Do 199 00:13:52.759 --> 00:13:56.000 you have affinity towards someone like that, and how do you see it playing 200 00:13:56.000 --> 00:13:58.720 out in the B two B space. Yeah, I've got affinity like that 201 00:13:58.960 --> 00:14:03.039 for sure with Chris Waker, Alex her Mosey, Gary V. Laylor her 202 00:14:03.120 --> 00:14:07.000 Mosey. Yeah, I definitely think that I've got affinity to the point where 203 00:14:07.279 --> 00:14:11.600 somebody tells me to buy something in B two B land and I'm I'm at 204 00:14:11.679 --> 00:14:15.240 least looking at it and seeing if if it fits the business need that we 205 00:14:15.320 --> 00:14:20.159 have. Yeah. I've purchased multiple things from Tim Ferris, right, same. 206 00:14:20.320 --> 00:14:22.279 Yeah, he goes and endorses things on his podcast. You better believe 207 00:14:22.320 --> 00:14:26.919 I've tried some athletic greens. His ads are the best because you know that 208 00:14:26.960 --> 00:14:31.440 he's also testing his stuff, testing them. I preach about that quite a 209 00:14:31.440 --> 00:14:33.159 bit because I love the way he does adds. I wonder when it's like 210 00:14:33.200 --> 00:14:37.120 an enterprise sales motion, right, when you're you're talking about multiple people that 211 00:14:37.159 --> 00:14:41.600 are involved, it's you're gonna have your opinions and you're gonna bring that to 212 00:14:41.600 --> 00:14:43.960 the board, Right, You're gonna bring that to whenever you have to make 213 00:14:43.960 --> 00:14:48.720 a decision. But like how that influence works out, obviously it's still better 214 00:14:48.720 --> 00:14:52.600 to have an audience. I just think it's a more nuanced conversation when there's 215 00:14:52.679 --> 00:14:54.960 multiple people and maybe you're all on the same page, and maybe you all 216 00:14:54.960 --> 00:14:56.840 listen to the same people and then it's just gold, you know. But 217 00:14:58.200 --> 00:15:01.399 I do think it gets a little bit more complicated. The larger year organization 218 00:15:01.480 --> 00:15:05.639 is the slower moving decisions tend to be. But it's never bad to build 219 00:15:05.679 --> 00:15:09.159 an audience and have affinity, and uh that I couldn't disagree with. I 220 00:15:09.200 --> 00:15:13.440 loved the hot take of this because I'll just read a couple of these comments 221 00:15:13.480 --> 00:15:16.559 really fast before we close. But people were all over the place. In 222 00:15:16.600 --> 00:15:20.919 the comments on the TikTok, one said I actively avoid products from influencers. 223 00:15:22.200 --> 00:15:24.679 The next one like my prediction, Coca Cola will still be king in thirty 224 00:15:24.759 --> 00:15:30.159 years. These guys, these guys are jokes. Influencer products are not very 225 00:15:30.200 --> 00:15:35.360 long lasting. Coke isn't gonna go down anytime soon. This guy really said 226 00:15:35.480 --> 00:15:39.759 Mr beast Burgers could be bigger than McDonald's. Like, people just all over 227 00:15:39.799 --> 00:15:43.679 the place. But I love that he has kind of that audacity to bring 228 00:15:43.759 --> 00:15:46.879 up something like that because it gets us thinking in a new way. Yeah. 229 00:15:46.960 --> 00:15:50.440 Well, and I think when when you're the guy in the TikTok video 230 00:15:50.720 --> 00:15:54.480 with tens of millions of dollars in your bank account, gives you a little 231 00:15:54.480 --> 00:15:58.159 bit of credibility to the person commenting on a TikTok video that's never built anything 232 00:15:58.159 --> 00:16:00.440 in their life, Like you hear that and you go and that's why you're 233 00:16:00.440 --> 00:16:03.279 going to look back in ten years and go, oh, yeah, that's 234 00:16:03.279 --> 00:16:07.960 why that guy that deck a millionaire got left behind didn't build an audience. 235 00:16:07.320 --> 00:16:10.919 Yeah, I think that's you have to take it seriously. But then I 236 00:16:11.000 --> 00:16:14.759 just think you gotta also think for yourself as far as how far this will 237 00:16:14.799 --> 00:16:17.879 go, Like, there's other ways to win, but this is one that 238 00:16:17.919 --> 00:16:21.279 we would definitely be very interested in and we see the value in building an 239 00:16:21.279 --> 00:16:22.240 audience, so we had to talk about it. Well. This has been 240 00:16:22.240 --> 00:16:26.600 another great episode here of Echo Chamber. If you want to chat with us, 241 00:16:26.600 --> 00:16:29.159 you can do that on LinkedIn. We'd love to hear from you, 242 00:16:29.600 --> 00:16:32.960 and we'll be back next week with another one of these episodes. Thanks for 243 00:16:33.000 --> 00:16:48.879 listening, everybody. We're always excited to have conversations with leaders on the front 244 00:16:48.960 --> 00:16:52.960 lines of marketing. If there's a marketing director or a Chief marketing officer that 245 00:16:52.039 --> 00:16:56.000 you think we need to have on the show. Reach out email me Benji 246 00:16:56.080 --> 00:17:00.960 dot block at sweet fish media dot com. I look forward to hearing from 247 00:17:00.000 --> 00:17:11.279 you. M