203: How to Be a Good Mentor | Feedback Friday

Contract Tips

Negotiating podcast contracts requires a strategic approach to ensure fair terms. Jordan Harbinger emphasizes the importance of owning the IP and controlling the RSS feed, suggesting freelancers should handle hosting and billing to maintain ownership 1. He advises negotiating a percentage of ad revenue or opting for higher per-episode payments to cover costs and mitigate risks if the project fails 1. Jason DeFillippo recommends a high hourly rate for corporate projects due to potential complexities and approval delays 2.

Get paid per episode so that when they eventually forget about this and nobody can get off their ass because the left-hand doesn't know what the right hand is doing and nobody wants to do anything without permission. At least you got paid for the project that never saw the light of day.

--- Jason DeFillippo

This approach ensures compensation for efforts even if the project doesn't succeed.

   

Monetization

Monetizing a podcast effectively involves negotiating fair compensation and ad revenue shares. Jordan Harbinger and Jason DeFillippo stress that hosting a podcast for a company is a job, not a passion project, and should be compensated accordingly 3. They recommend negotiating per-episode payments and ensuring ownership of the IP if the company lacks a budget 3. Jason highlights the challenges of per-episode payments, advocating for a solid base rate to account for the unpredictable nature of podcast production 2.

Stick to your base rate and make it good and healthy because you are going to go above and beyond. I can just guarantee it.

--- Jason DeFillippo

This strategy helps secure fair compensation and manage the complexities of podcast production.