
SEPTEMBER 19, 2023
full tilt
5 Mistakes Made by a Successful Content Entrepreneur
Brian Fanzo, founder of ISocialFanz and host of the NFT 365 Podcast, has spent almost a dozen years in the creator economy. The successful content entrepreneur and Creator Economy Expo speaker confessed what he should have done differently in the first decade.
With Brian’s permission, we’re sharing his thoughts.
For the last decade, I built my business in the creator economy. Although creator entrepreneurship is trendy at the moment, the business model and grind are much more challenging than most creators realize.
Here are five mistakes I made as a full-time creator between 2013 and 2023.
1. Not prioritizing the need for multiple business models as an omnichannel creator entrepreneur.
I monetized my social content, thought leadership, podcast sponsorship, brand partnerships, influencer marketing, and public speaking with unique media kits. However, I did not have individual business plans or definitions of success.
2. Building my personal brand as if it were a niche.
Riches are in the niches, but you can succeed without a niche. It requires a different approach.
For me, I tried to niche down multiple times as a creator, and it stifled my creativity and had me concerned with siloing my view. So, I opted to build my personal brand. This was smart, but I tried to monetize and grow it like those creator businesses with a niche, which didn’t work.
Creators on “team no niche” must understand the power and importance of standing out with their personal brand but be very clear with how people can work with you. Also, just because you don’t have a niche doesn’t mean you can come across as chaotic and confusing.
3. Allowing other creators and friends with a different business model to influence and create impostor syndrome within my strategy and approach.
You must separate and even adapt your social media to prevent the “must-be-nice” feeling when your peers find success but don’t share your views or strategy. It took me years to realize I could support my peers without them influencing my business and follow a small group of creators. If they are pivoting or adapting, I will notice as they share my vision for success and have similar priorities.
4. Thinking I could “own the audience” instead of giving them a home.
You will never “own your audience” even if they sign up for your email newsletter. You must give your audience a HOME where you provide consistent communication.
Yes, I wish I created an email newsletter earlier, but I also hate email, and because of that, it held me back. Instead, I should have looked at having a private community and/or premium option for super fans to always stay in the know.
5. Doing work for no fee but not free
You can find value for your work in many ways beyond getting a fee. If you don’t ask for things like being included in the newsletter, featured on the website, better stage, or promise contractually for future work, you’ll always be taken advantage of.
– Brian Fanzo
What things do you wish you had done differently as a content entrepreneur? Reply to this email or tag us on social (#TheTiltNews).
we stan Alison Prato
Entrepreneur: Alison Prato
Biz: Infertile AF podcast and Fertility Rally
Tilt: Families working through infertility and assisted reproductive technology
Snack Bites:
- Alison realized her personal experience was more common than she thought but rarely discussed.
- The response to her article for Health magazine triggered her lightbulb moment to start a creator business.
- With her book proposal rejected, Alison launched the Infertile AF podcast to tell the stories of women and men who experience infertility.
- Alison co-founded a membership-based community to provide a space for safe conversations and learning.
Why We Stan: Alison didn’t stop when traditional media said no. She became an entrepreneur who built a media brand around her content tilt.
– Ann Gynn
Know a content creator who’s going full tilt? DM us. Or email [email protected].
things to know
Money
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Kicking coverage: The National Football League opened its content library to selected creators and influencers for use on their YouTube channels with its new Access Pass Program. (Digiday)
Tilt Take: The NFL wants to grow a younger audience. This step may allow them to do that without paying a cent and relying on YouTube to compensate the creators for their work. -
Make the ask: A brand may not mention paying you when they reach out, but that doesn’t mean they don’t have the money to spend. You have to ask. (Spring)
Tilt Take: Don’t be afraid to have a conversation with a brand partner in which you ask, “What is the budget for this?”
Audiences
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Half-million milestone: Lenny’s Newsletter hit 500K subscribers this past week, placing it among the five largest newsletters on Substack. According to his timeline, he started publishing in 2019 and saw steady growth for several years. It took off when Substack launched its recommendations feature in April 2022. (Lenny’s Newsletter)
Tilt Take: Lenny doesn’t miss a week in writing his newsletter, helping him strengthen his readership and leading to exponential growth. -
Keep listening: Over half of B2B audiences say they listen to podcasts daily, with 24% saying they listen two to five times a week on average. (podpod)
Tilt Take: Keen interest from this sector could present a new channel for B2B creators.
Tech and Tools
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Validate me: X will verify paid users by their government IDs. (Tech Crunch)
Tilt Take: If it’s an effort to create a culture with real people, why only do it for people who pony up the monthly fee? -
Check this: Want to know how your brand stands up to Google’s EEAT guidelines? Make sure you have the expertise on your website – qualifications, testimonials, media mentions, contact information, awards, etc. (Search Engine Journal)
Tilt Take: Credibility is important to your audience as well as Google.
And Finally
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Million gained: Bluesky, an alternative X, hit 1M users. The app gained attention for restricting access through a waitlist and invitations to cull a small user base as it expanded and improved. (Robots.Net)
Tilt Take: A smart growth strategy is helpful to any business. -
Gift on: Instagram expanded its Reels gift feature for creators to many more countries. It’s been available to US creators since February. (Social Media Today)
Tilt Take: Though gifts should never be your primary revenue stream, they can let you know what your audience really responds to.
the business of content
- Why You Need to Buy Direct (Content Inc.)
- Amazon Evicts More Creators (This Old Marketing)
- We’ll talk productivity tools and more this Tuesday at 12 p.m. US EDT for the weekly Tilt Your Business: A Weekly Mastermind for the Creator Economy.
- Need help turning your podcast episodes, webinars, or videos into 13 other types of content? Of course, you do. Try Capsho, an AI content marketer for entrepreneurs. We have a special offer for the Tilt community for an extended trial to create your content legacy.
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