WEBVTT

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Dee Patel: We wanna meet people
where they are, and how do we do that

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without taking the brand, without
stomping on the brand, with still

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giving the credibility to the brand.

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So it's how can podcasts lean into the
Wharton School brand and how can Wharton

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School brand lean into podcasting?

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And I always say podcast
is sort of a treat for your

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ears when your eyes are busy.

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Neil McPhedran: Welcome to Continuing
Studies, a podcast for higher education

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podcasters to learn and get inspired.

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I'm Neil McPhedran, founder of Podium
Podcast Company and Higher Ed Pods.

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Jennifer-Lee: And I'm Jennifer-Lee,
the founder of JPod Creations,

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podcasting is broadcasting.

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And we want you to know you're not alone.

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In fact, there are many of you
higher ed podcasters out there, and

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we can all learn from each other.

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Neil McPhedran: Speaking of learning from
each other, Jen, we had a really exciting

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conversation with the team organizing
Higher Ed PodCon, and we're moving to a

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two day versus one day we had in year one,
so we're moving to a two day and we're

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expecting to have a lot more people there.

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We're talking about the tracks
of what we're gonna focus on

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for all of the sessions, all
the panel and speaker sessions.

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So it's pretty exciting to start
to think about it and expanding

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what we're gonna talk about.

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I think one of the things this year that
we didn't do in year one is we're gonna

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have more content for higher ed folks
that are just getting into podcasting.

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So I think that'll be really interesting.

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We're trying to infuse more beginner just
getting started content for year two.

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Jennifer-Lee: Which is great because we
learnt from our next guest, Dee Patel,

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that it's not that easy to start a podcast
and then eventually start a network.

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Neil McPhedran: That's right.

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Good segue, Jen.

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In this episode, we are chatting with
Dee Patel, who is the Director of

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Content at Wharton in the Marketing
and Communications department.

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And she has just launched the
Knowledge at Wharton Podcast Network.

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So I think what's really interesting
is, as we know, Wharton has a very

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robust business journal, and so as
part of the business journal there is

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a lot of, there's their website and a
lot of other content that they produce.

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They originally had a
SiriusXM radio station.

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And that's no longer in existence,
but they have spun out two radio shows

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into podcasts, and we're gonna get into
this, all about the larger network that

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they have actually built, this larger
podcast network, that lives under

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the Knowledge at Wharton umbrella.

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So I'm excited to get into this
conversation and Dee is a former

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broadcaster, so we definitely had
some fun stuff there, didn't we, Jen?

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Jennifer-Lee: I love former broadcasters,
but it's interesting with that SiriusXM

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thing, because she is a former traditional
broadcaster, it doesn't seem that easy

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to move something like that over to a
podcast and is a little bit complicated.

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But we'll find out what they did
and what their expectations for when

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they moved it from XM to podcasting.

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Neil McPhedran: That's great.

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Let's get into it.

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Welcome, Dee.

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It's so great to have you
here on Continuing Studies.

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Dee Patel: Oh, thank you both.

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Really great to be here.

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Hi Jen.

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Hi Neil.

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Thank you for having me on the podcast.

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Jennifer-Lee: Yeah, Dee is another
one that we met in Chicago.

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You and I met early in the morning.

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We kinda just like bumped into each other
over the pastries and the coffee, and then

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I introduced you to Neil and obviously
we bonded over my favorite topic, which

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Neil knows 'cause I mention it all the
time on this podcast, but broadcasting.

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Because Dee actually worked for CBS
at one point and I was like, oh,

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that was like one of my like bucket
list items was to work for CBS.

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So I was like, love it,
broadcaster connection.

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Dee Patel: Yeah, absolutely.

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We definitely bonded on that and
it was like high octane energy.

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I just saw somebody coming at
me, Jen, you probably just saw

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a lot of hair coming at you.

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We just instantly bonded and it
was so lovely to meet a fellow

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broadcaster who is now in podcasting.

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Uh, it's almost like a natural transition.

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Not sure if people realize
that, that that's where sort

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of podcasting originated from.

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So Jen and I just kind of
geeked out a little bit next

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to the pastries about that.

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Um, but it's okay.

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Jennifer-Lee: Neil was
actually looking for you.

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He was like, we've been chatting
with someone from Wharton.

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He's like, I need to know who this is.

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And then I coincidentally, I was talking
to you and then I was like, hey, Neil.

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You're like, oh, I was trying to find her.

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So, brought you guys together.

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Dee Patel: Yeah.

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That's awesome.

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I didn't know that I was slightly popular
and I think, Jen, you made me popular.

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And then Neil was like,
I was looking for you.

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I was like, oh no, what did I do?

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I was like, I hope I'm not in trouble.

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Neil McPhedran: That's great.

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So Dee, we've got you here today 'cause
we would like to chat with you about the

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podcast network that you have been busy
building at Wharton, and that's part of

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the Knowledge at Wharton whole platform.

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So Knowledge at Wharton that's
been around for a while, right?

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Like that's like a magazine and an email.

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And if I have it correctly, at
one point in time it might have

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even been a SiriusXM radio show.

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Maybe we could just sort of start there
and just give us a little bit of an

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insight into what Knowledge at Wharton is.

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Dee Patel: Absolutely.

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You're absolutely correct
on all of the above.

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Knowledge of Wharton is an institutional
brand at Wharton disseminating content.

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It's a website, disseminates
faculty research.

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It's also a newsletter.

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It used to be a show on SiriusXM.

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Predates me.

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But that is a brand that has
such deep roots at Wharton and

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credibility and the reliability.

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So yes, absolutely, it's the anchor that
we are building the podcast network upon.

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We kind of went back and forth a
little bit like, should we call it the

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Knowledge of Wharton Podcast Network?

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Should we call it Wharton Podcast Network?

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We decided we landed on Wharton
Podcast Network 'cause if we want

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this to grow, and it will probably
grow, it is faculty oriented,

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faculty based research surrounding
anything that has to do with faculty.

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Whether we are interviewing them, they're
interviewing each other, or they're

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interviewing industry experts, we may
wanna expand it one day to students.

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So we decided, let's call it the
Wharton Podcast Network lives in

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houses itself, mainly like its
main house is, Knowledge of Wharton

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website, that's its landing page.

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So you know, it obviously
is on Apple, it's on Acast,

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wherever you find your podcast.

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So it is everywhere.

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But that is where it is.

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And that's sort of the, where
the strategy comes from.

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We set out to build this,
it was a lot of research.

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We're certainly not the
first ones to do this, right?

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We're absolutely honest about that.

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But what we wanted to do is play in
this space that has grown exponentially

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probably within the last five years.

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Neil McPhedran: Yeah.

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Dee Patel: If I could even throw some
statistics at you, but as of this year,

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there's approximately almost little
over 4.5 million podcasts worldwide,

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and we're talking active ones, you know,
which creates a massive opportunity

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for quality content to stand out.

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And the number of podcast listeners,
a little over 500 million in 2025.

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That's expected to grow to
over 600 million by 2027.

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So we wanted to really play in this
space, but like how do we do that

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with all of these podcasts out there?

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Like why would somebody want to come to
our podcast as opposed to the others?

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Neil McPhedran: I love that you
have given us some knowledge, but

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it's obvious that it wasn't just a
decision, hey, let's do a podcast.

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Let's do a podcast network.

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But you've anchored it in data,
observations of opportunity, where

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to take Knowledge at Wharton next.

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If you go to the Knowledge at
Wharton website, podcasts is a

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main thing in the navigation.

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So it's obvious to me that this
is a main channel, podcasting,

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for Knowledge at Wharton.

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You've anchored it in, obviously
you've done some research and

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there was some real deliberate
conversations and discussions on your

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end to really lean into podcasting.

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Curious kind of about that.

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Was there sort of anything you
can share there just about the

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process to get to that decision, or
was it just kind of a no brainer?

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We need to go into podcasting more.

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Dee Patel: No, I mean the process
was, when you're in the process,

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it's exhaustive and then you
look back at the process, you're

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like, oh, that was amazing.

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That was fun.

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We anchored it in, we don't do
anything here without research.

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So we research, research, research,
and then we come up with a

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strategy based on that research.

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And you know, what we
do is very subjective.

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It's not math or science.

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So two plus two does not always
equal four for us because some people

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may like this or not like that.

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My supervisors and those that sit
in chairs higher, are like, Dee

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put, put a stake in the ground
and just stick to it, right?

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And give you a rationale as to why.

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So I've had a lot of support along the
way and sure, being Wharton, there is

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funding, but it wasn't like a blank check.

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It was, let's try to do this on a
budget that seems reasonable and so

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that we can see if it works because
we don't know if it's going to work.

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We don't know if there's
going to be receptiveness.

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We don't know if people
are going to be listening.

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We don't know how it's gonna be received
by faculty, which in academia, faculty

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governs academia, so we don't know that.

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But what we realized in the research is
that we wanna meet people where they are.

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How are people consuming information now?

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Knowledge at Wharton was strictly based
on written content, digital content.

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We certainly don't want to replace
that, but we want to supplement that.

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And how do we do that without taking the
brand, without stomping on the brand, with

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still giving the credibility to the brand.

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So it's how can podcasts lean into the
Wharton School brand and how can Wharton

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School brave lean into podcasting?

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And I always say podcasting
is sort of a treat for your

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ears when your eyes are busy.

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And so we started the podcasting.

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Jennifer-Lee: You know, I have a lot
of discussions about this because

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traditional media, and you know, this
is, like when you have a company or

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an institution like Wharton and you're
trying to create your own narrative,

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you're trying to get, press is very
difficult sometimes on traditional media.

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And especially now where it's more paid to
play than ever, than having that authentic

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press release that gets on someone's desk.

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Now, I tell people, your podcast is kind
of like your own media platform where

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you're controlling your narrative and you
are putting your brand out there on their

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awareness and you're creating your own
station to broadcast your message out.

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Dee Patel: Absolutely.

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I completely agree with that, and
I think that is a space where, you

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know, we need to make sure, like
our podcasting is informational,

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educational, and entertaining.

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'Cause it's not really those three
things I don't know that it would

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be able to play in this space.

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So when we first started this, it
was, we had one podcast, so we call

00:11:49.570 --> 00:11:53.160
it our flagship show, which is the
Ripple Effect, and that was something

00:11:53.160 --> 00:11:54.660
that was just started from scratch.

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It was an idea that came from our dean's
initiative to elevate faculty research.

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These faculty are doing great research,
amazing, incredibly intelligent,

00:12:05.880 --> 00:12:09.689
but who is reading the 25 page plus
papers that these research come in?

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Like, how do we do this?

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We can do it in a story.

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We've been doing it in this
story wise, but are we really

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getting their research out there?

00:12:16.565 --> 00:12:20.375
And as part of the marketing and
communications department, literally

00:12:20.375 --> 00:12:23.825
in my job description is to help
faculty market themselves and help

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get the research out there and why
somebody wanna come to Wharton, right?

00:12:27.275 --> 00:12:31.625
So we started the podcast Ripple Effect,
which is elevating faculty research,

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and it's about 20 minutes long.

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It's a weekly show.

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We put some funding behind it
and created a studio where we

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record these podcasts in person.

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And I do feel like an in-person podcast,
you can sort of vibe off that energy.

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So it does have a different energetic
feel to it when it's in person,

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but we can certainly now do things
remotely as we're doing here.

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That podcast started off, difficult
to schedule faculty, right?

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Trying to get people at the same time
in the same place nowadays, everybody

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being so busy, that's a tall order.

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It's not difficult, just a tall order.

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It's just a lot of back and forth happens.

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So, and then also, you know,
maybe reluctance to be on,

00:13:11.425 --> 00:13:12.505
well, what is a podcast?

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So what I did was, you know, just
made sure that I had kept up with the

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consistency of it, made sure the content
was something that was Wharton forward,

00:13:25.260 --> 00:13:31.199
so that we were being very honest
with their research and we were taking

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great care with their research as well.

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And having that commitment
to do it weekly.

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And know in my back of my mind
that if I do this consistently

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the audience will grow.

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If I do this correctly and provide
great content, at the end of the

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day, great content is great content.

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You can put glitter around it, you
can jazz it up, but people have

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the ability to X out of a content
more easily than ever before.

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So those things will win out.

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But that's a slow and steady race.

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This is not a overnight success business.

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And so when we did that for like a
year and then we realized that faculty

00:14:04.770 --> 00:14:09.060
were coming to us saying, hey, we would
love to be on Ripple Effect, the tables

00:14:09.060 --> 00:14:10.470
turned a little bit and that was great.

00:14:10.470 --> 00:14:14.385
That's what I would hope that would've
happened would measure success.

00:14:14.834 --> 00:14:20.805
And so now with the podcast network,
we have been receiving inquiries and

00:14:20.805 --> 00:14:22.545
saying, hey, I would like to do a podcast.

00:14:22.604 --> 00:14:23.535
When can I do a podcast?

00:14:23.535 --> 00:14:24.584
I would like to do a podcast.

00:14:24.584 --> 00:14:25.814
And, which is amazing.

00:14:25.905 --> 00:14:27.495
And again, we did research.

00:14:27.555 --> 00:14:28.905
I made documents.

00:14:28.964 --> 00:14:30.584
Sort of a gateway of like, okay.

00:14:31.215 --> 00:14:32.444
Yes, you wanna do a podcast?

00:14:32.444 --> 00:14:33.704
It's not as easy as it looks.

00:14:33.704 --> 00:14:35.264
Everybody thinks it's easy, right?

00:14:36.624 --> 00:14:39.255
Everybody here on this call knows
it's not as easy as it looks.

00:14:39.345 --> 00:14:41.115
And there's research behind it.

00:14:41.115 --> 00:14:45.314
There's scripting, there's the technical
aspects of it, and then you take this

00:14:45.314 --> 00:14:47.595
content that you record, and now what?

00:14:47.595 --> 00:14:48.915
What do you do with it?

00:14:48.944 --> 00:14:52.545
So I said, okay, here's
my three Cs for a podcast.

00:14:52.545 --> 00:14:56.595
Like more than 90% of podcasts
fail after episode three.

00:14:57.510 --> 00:14:57.780
Neil McPhedran: Right.

00:14:58.020 --> 00:14:59.790
Dee Patel: That's hard to imagine.

00:14:59.790 --> 00:15:01.050
'Cause you're like, really three?

00:15:01.050 --> 00:15:02.160
Like that's not a lot.

00:15:02.250 --> 00:15:02.730
I get it.

00:15:02.730 --> 00:15:06.840
It's not, but after three
episodes, most people find out

00:15:06.840 --> 00:15:08.490
they can't provide enough content.

00:15:08.760 --> 00:15:11.040
So that's one C. Is there enough content?

00:15:11.069 --> 00:15:12.270
Is the content good?

00:15:12.660 --> 00:15:15.510
Are you able to even,
you know, provide that?

00:15:16.199 --> 00:15:17.790
The commitment, yeah, I can do it.

00:15:17.910 --> 00:15:21.030
I did it for three Tuesdays in a
row, but like the fourth Tuesday,

00:15:21.030 --> 00:15:22.170
I gotta, I gotta go somewhere.

00:15:22.170 --> 00:15:24.630
I gotta do something, I can't do it.

00:15:24.689 --> 00:15:27.060
And then there's that commitment to it.

00:15:27.120 --> 00:15:29.430
Like, are you committed
to see this through?

00:15:29.790 --> 00:15:34.065
Even if you know, you're not seeing
like millions of listeners right

00:15:34.065 --> 00:15:36.055
away, which I doubt that you will.

00:15:36.305 --> 00:15:37.485
So those are the three C's.

00:15:37.485 --> 00:15:38.565
Can we do this?

00:15:38.565 --> 00:15:42.315
And it is my job as a person who heads up
the Wharton podcast network to see like

00:15:42.795 --> 00:15:46.665
does this person who is coming to me and
say, I wanna do a podcast, that's awesome.

00:15:46.665 --> 00:15:47.775
The interest is there.

00:15:47.775 --> 00:15:48.525
I get it.

00:15:48.915 --> 00:15:51.285
Is there content, enough
content that we can do?

00:15:51.375 --> 00:15:54.705
When I help them think that
out, can they commit to this?

00:15:54.705 --> 00:15:57.735
And I really present the
realities of that to them.

00:15:58.095 --> 00:15:59.595
This is a commitment it's going to take.

00:15:59.595 --> 00:16:01.665
I need you here on a consistent basis.

00:16:01.785 --> 00:16:03.195
And then can you commit to this?

00:16:03.285 --> 00:16:07.425
'Cause you're not gonna see the results
right away, but can you commit to what

00:16:07.425 --> 00:16:09.555
you are doing, what this concept is?

00:16:09.555 --> 00:16:12.675
It's not just sitting in front
of your laptop or a microphone

00:16:12.675 --> 00:16:17.745
and just talking, because that
goes away after three episodes.

00:16:18.405 --> 00:16:18.675
Neil McPhedran: Yeah.

00:16:18.984 --> 00:16:20.025
Sorry, what was the third C?

00:16:20.025 --> 00:16:22.005
So it was content, commitment, and?

00:16:22.574 --> 00:16:23.354
Dee Patel: Consistency.

00:16:23.385 --> 00:16:24.614
Neil McPhedran: Consistency, right.

00:16:24.704 --> 00:16:25.425
Oh, I like those.

00:16:25.604 --> 00:16:26.000
The three Cs.

00:16:26.760 --> 00:16:29.790
Jennifer-Lee: I just like that you're
setting the expectations, because I

00:16:29.790 --> 00:16:33.390
think nowadays everyone wants to, for
gratification, especially with the younger

00:16:33.390 --> 00:16:39.000
demo, and so it's like, no, you gotta
commit to this and you gotta grow it.

00:16:39.000 --> 00:16:41.760
Because that's the thing, even in
broadcasting, it's like you're not

00:16:41.760 --> 00:16:44.910
gonna just start talking on the mic
and your ratings are gonna go to number

00:16:44.910 --> 00:16:46.920
one and everyone's gonna sponsor you.

00:16:46.920 --> 00:16:48.540
That's not realistic.

00:16:48.810 --> 00:16:49.380
Takes time.

00:16:49.755 --> 00:16:52.964
Neil McPhedran: Yeah, I,
I also like your approach.

00:16:53.025 --> 00:16:54.974
You started with the Ripple Effect.

00:16:55.035 --> 00:16:56.625
You applied your three C's.

00:16:56.685 --> 00:17:02.745
That commitment and consistency then
opened up the door for faculty to go

00:17:02.745 --> 00:17:04.754
like, oh, I see what you're doing.

00:17:04.875 --> 00:17:06.284
Oh, I wanna be on that.

00:17:06.405 --> 00:17:08.474
Oh, I see my colleagues are on that.

00:17:08.625 --> 00:17:13.665
I have great research that I want
to have amplified as well, versus

00:17:14.115 --> 00:17:16.255
we're gonna launch a podcast network.

00:17:17.415 --> 00:17:20.505
And why don't you all chime in
and tell us what we're gonna do.

00:17:20.505 --> 00:17:23.295
Like I think that was a really
interesting path that you took there.

00:17:23.295 --> 00:17:28.125
Start with the one, get the faculty
on board, and now they're on board.

00:17:28.125 --> 00:17:30.765
And as you said, you flipped the script
there and now they're coming to you.

00:17:31.335 --> 00:17:33.705
Jennifer-Lee: And I love the
fact that, yeah, you guard it.

00:17:33.705 --> 00:17:37.185
I don't think we vet enough in the
podcasting space, and maybe it's

00:17:37.185 --> 00:17:40.905
because it's super young still, but
I like the fact that you're vetting

00:17:40.905 --> 00:17:45.495
it because I think it does create
better have to quality in the end.

00:17:45.735 --> 00:17:50.500
Dee, did this role exist before you got
there or did this role kind of happen

00:17:50.520 --> 00:17:53.760
when you got there and you're like, we're
doing all this because of my background.

00:17:53.760 --> 00:17:54.210
Neil McPhedran: Good question.

00:17:54.840 --> 00:17:59.190
Dee Patel: My role as it is, was
newly created based upon a need

00:17:59.190 --> 00:18:03.180
as the Director of Content for
Wharton Marketing Communications.

00:18:03.180 --> 00:18:06.900
And then all of a sudden it's like, yes,
I have a background in this broadcasting,

00:18:06.900 --> 00:18:09.515
so obviously please utilize me, right?

00:18:09.720 --> 00:18:14.740
And so it kind of grew into that one
podcast and I came in and said, okay, yes.

00:18:15.419 --> 00:18:19.620
The way we, you know, in broadcasting,
if it's not a streamlined

00:18:19.620 --> 00:18:22.080
process, it just doesn't work.

00:18:22.080 --> 00:18:26.760
If it takes 12 people to do one
thing, it's not going to work.

00:18:26.760 --> 00:18:32.159
So like we can streamline this process and
make it work like a well-oiled machine.

00:18:32.460 --> 00:18:37.860
And so kind of doing that with one,
you create a formula for the others.

00:18:38.160 --> 00:18:38.400
Neil McPhedran: Right.

00:18:38.730 --> 00:18:40.760
Dee Patel: With a different
concept, different topic.

00:18:41.150 --> 00:18:41.420
Sure.

00:18:41.420 --> 00:18:44.470
Maybe it's a different host where
it's like the Ripple is one host

00:18:44.800 --> 00:18:48.720
talking to a faculty, you know, just
a faculty as well, and then you can

00:18:49.080 --> 00:18:51.060
grow that to something different.

00:18:51.480 --> 00:18:55.800
And so it wasn't, I wasn't
initially brought on for podcasting.

00:18:56.090 --> 00:19:00.560
It just grew as the need for podcasting
grew, as the popularity for podcasting

00:19:00.560 --> 00:19:05.420
grew, as the audience dictated how
they want to receive information.

00:19:05.750 --> 00:19:09.770
And so now we're meeting them
where they are and ability to

00:19:09.770 --> 00:19:11.540
sort of shift resources as well.

00:19:11.660 --> 00:19:15.800
'Cause we did not just
hire 10 people for this.

00:19:16.010 --> 00:19:17.300
Barry, myself.

00:19:17.330 --> 00:19:18.920
We, I have a audio producer.

00:19:18.920 --> 00:19:20.120
I have a showrunner.

00:19:20.375 --> 00:19:26.435
I have a video content senior producer who
does other things, be on podcasting and

00:19:26.435 --> 00:19:28.915
podcasting was in addition to the role.

00:19:28.915 --> 00:19:31.325
So those are the four that
sort of fall under a purview.

00:19:31.655 --> 00:19:35.655
Pretty low lift there for at
least as far as resources, but

00:19:35.675 --> 00:19:37.574
it's also to see if this works.

00:19:37.925 --> 00:19:40.655
And we have five and I'm
like, okay, now it's five.

00:19:41.284 --> 00:19:43.475
I am already getting requests for more.

00:19:43.475 --> 00:19:48.784
I think I received, once we launched
it, we put podcast episodes on our

00:19:48.784 --> 00:19:53.345
platforms before we did the official
launch, so to speak, because we wanted

00:19:53.345 --> 00:19:57.935
to provide content when we actually
said, send people to go to the

00:19:57.935 --> 00:19:59.405
place that we're sending them to go.

00:19:59.615 --> 00:20:01.205
Saying, Hey, we have a podcast network.

00:20:01.205 --> 00:20:03.514
If they only see one show, like
they're not much of a network.

00:20:03.814 --> 00:20:07.355
Neil McPhedran: So there's five shows
now that are part of the network.

00:20:07.415 --> 00:20:12.600
So the Ripple Effect was the first
one and now there's Where AI Works.

00:20:13.129 --> 00:20:19.350
There's a, This Week in Business podcast,
Marketing Matters, and Moneyball podcast.

00:20:19.350 --> 00:20:24.795
So those other four, those are fairly
new shows then is, is that correct?

00:20:26.985 --> 00:20:30.525
Dee Patel: So, yeah, Ripple is our
flagship show, sort of our, you know, kind

00:20:30.525 --> 00:20:34.605
of like our baby, but our other flagship
show is also This Week in Business.

00:20:34.755 --> 00:20:39.735
It's what happened when I said,
okay, how do we play in this space

00:20:39.795 --> 00:20:44.445
of, we are in a very unique time at
the moment where mainstream media

00:20:44.445 --> 00:20:46.575
may not be trusted at the moment.

00:20:46.575 --> 00:20:49.715
Or the credibility of it has
decreased just because of the way

00:20:49.715 --> 00:20:53.325
the world is and what's happening
in the world at the moment.

00:20:53.325 --> 00:20:57.715
Regardless of your political
views, it just has gone down.

00:20:58.055 --> 00:21:02.445
And so if I am looking at my
retirement fund, 401k, it is

00:21:02.445 --> 00:21:06.555
fluctuating, it has fluctuated up
and down in the last year or so.

00:21:06.975 --> 00:21:11.385
Who do I go to to say, why is
it doing that and what do I do?

00:21:12.195 --> 00:21:13.125
Who do I trust for that?

00:21:13.125 --> 00:21:16.215
Like why my 401k might be fluctuating?

00:21:16.710 --> 00:21:17.280
Yeah, you know what?

00:21:17.280 --> 00:21:22.110
I might trust a Wharton professor
whose research is based on quantitative

00:21:22.110 --> 00:21:24.240
facts to tell me why it is.

00:21:24.540 --> 00:21:27.720
Now, to be clear, they're not
providing financial advice.

00:21:27.780 --> 00:21:31.860
They're just telling you why it is
doing what it's doing based on their

00:21:31.860 --> 00:21:32.855
research that they have been doing.

00:21:33.720 --> 00:21:35.700
I feel like that is
trustworthy at the moment.

00:21:35.700 --> 00:21:38.400
So it's like there's
a momentum train here.

00:21:38.400 --> 00:21:42.960
We need to hop on it and get the
research out there for the professors.

00:21:42.960 --> 00:21:47.580
So we created a This Week in Business,
which is current events, trending events,

00:21:47.610 --> 00:21:49.440
that Wharton professors can talk about.

00:21:49.800 --> 00:21:51.240
So it's moves very fast.

00:21:51.240 --> 00:21:57.090
It's short turnaround, it's twice a week
and it's almost modeled after New York

00:21:57.090 --> 00:21:59.295
Times, The Daily, but it's not daily.

00:22:00.360 --> 00:22:06.330
Also, it's not just that podcast, but we
use that podcast and whatever story that

00:22:06.330 --> 00:22:11.400
was for that day, and we turn it into a
story for Knowledge at Wharton as well.

00:22:11.670 --> 00:22:16.350
So optimize the content into the
different platforms that we own.

00:22:17.070 --> 00:22:17.580
Neil McPhedran: That's great.

00:22:18.180 --> 00:22:22.620
So there's the five Wharton podcast
network shows, and then there's

00:22:22.860 --> 00:22:26.130
other podcasts from across Wharton.

00:22:26.460 --> 00:22:26.700
Dee Patel: Yep.

00:22:26.970 --> 00:22:27.780
Ripple effect.

00:22:27.780 --> 00:22:31.200
And This Week in Business are kind of
like our flagships that we've create,

00:22:31.200 --> 00:22:32.910
totally own from the ground up.

00:22:33.240 --> 00:22:36.600
And then the other two shows,
Moneyball and Marketing Matters,

00:22:36.900 --> 00:22:41.730
they were what I call the legacy
shows that came over from Sirius XM.

00:22:41.880 --> 00:22:42.090
Neil McPhedran: Right.

00:22:42.120 --> 00:22:45.990
Dee Patel: And they were the shows that
had the following, had the audience,

00:22:45.990 --> 00:22:49.860
and had sort of that niche that we were
not doing in the other two podcasts.

00:22:49.860 --> 00:22:51.840
So sports analytics and marketing.

00:22:52.260 --> 00:22:57.355
And really just had a really good
vibe to them and the chemistry

00:22:57.385 --> 00:23:00.895
to them, and also provided those
three Cs that we talked about.

00:23:01.255 --> 00:23:02.275
So we had that.

00:23:02.335 --> 00:23:06.235
And they are faculty hosted podcasts.

00:23:06.565 --> 00:23:11.820
Moneyball has four hosts and they
have a guest come on every week.

00:23:11.850 --> 00:23:15.510
Marketing Matters has two faculty hosts
and has a guest come on every week.

00:23:15.930 --> 00:23:21.750
Where AI Works is a analytics AI
professor, and we pick a different

00:23:21.750 --> 00:23:25.590
one each season, so to speak, A
different professor to host these

00:23:25.590 --> 00:23:30.720
depending on their research, and
they interview industry experts as to

00:23:30.720 --> 00:23:33.150
how AI is working in your industry.

00:23:34.350 --> 00:23:37.139
Neil McPhedran: And then there's
others what that are featured, right?

00:23:37.139 --> 00:23:40.050
Dee Patel: So yeah, there's the Wharton
Podcast Network, that's the five.

00:23:40.050 --> 00:23:43.229
And then the ones at the bottom
you'll see are others from across

00:23:43.229 --> 00:23:46.530
Wharton are the ones that, you know,
there's nothing that stops faculty

00:23:46.530 --> 00:23:49.949
from just doing it themselves or
if they want to fund it themselves.

00:23:50.070 --> 00:23:54.750
The Adam Grant one has been around
longer than the podcast network has.

00:23:55.020 --> 00:23:59.700
So they're the ones that they own
that they produce, but they also

00:23:59.700 --> 00:24:04.230
have that consistency, the content,
and leans into the Wharton brand.

00:24:04.230 --> 00:24:08.880
So we help amplify that
podcast on our page as well.

00:24:09.630 --> 00:24:12.540
Neil McPhedran: Right, and some of
those ones in that network have other

00:24:12.540 --> 00:24:16.320
affiliations, like there's one in
there that's part of the Freakonomics

00:24:16.320 --> 00:24:21.150
radio and the Adam Grant one is part
of the TED network, and we actually

00:24:21.150 --> 00:24:25.800
helped launch All Else Equal when it
was just with the GSB at the time.

00:24:26.429 --> 00:24:30.840
I know that they moved it over to be part
of Wharton versus Stanford at the time, so

00:24:30.840 --> 00:24:32.580
yeah, that's great to see it in there too.

00:24:32.610 --> 00:24:35.469
And then, because we're talking
to podcasters here, let just get

00:24:35.469 --> 00:24:36.929
a little into the weeds a bit.

00:24:37.409 --> 00:24:40.379
How does each show kind of support
each other and or the network?

00:24:40.379 --> 00:24:45.075
So do you have call outs
to the podcast network?

00:24:45.075 --> 00:24:49.155
So if I just come across Marketing
Matters, for example, will they

00:24:49.635 --> 00:24:52.544
promote the network and other shows?

00:24:52.544 --> 00:24:56.235
Is there drive back to this
great resource, this great

00:24:56.235 --> 00:24:57.495
website that you've created?

00:24:58.665 --> 00:24:59.565
Dee Patel: Yeah, great question.

00:24:59.565 --> 00:25:01.215
And all part of the strategy.

00:25:01.485 --> 00:25:05.565
So when I put together the strategy
before we launched the network, I

00:25:05.565 --> 00:25:10.215
said, part of what we can provide them
is this cross promotional strategy

00:25:10.215 --> 00:25:14.205
because like we're owners of them,
we're owners of these podcasts now.

00:25:14.595 --> 00:25:19.935
And so if like, let's say a Marketing
Matters host is on Ripple Effect,

00:25:19.935 --> 00:25:22.830
or on This Week in Business,
not as a host, but as a guest,

00:25:22.850 --> 00:25:24.465
that's a cross promotion there.

00:25:24.825 --> 00:25:29.075
And how do we, you know, proactively
do this, but we have them, we

00:25:29.075 --> 00:25:34.024
strategically have them on either once
a month or once a quarter too, one,

00:25:34.024 --> 00:25:37.595
talk about their research in something
that might be going on in the world

00:25:37.595 --> 00:25:40.325
or in a Ripple Effect topic theme.

00:25:41.075 --> 00:25:46.655
And then we organically sort of
promote their show and said, and hey,

00:25:46.655 --> 00:25:50.190
if you like what you're hearing about
somebody talking about, you know, retail

00:25:50.190 --> 00:25:55.890
inflation, you can hear more about
it in this X, Y, Z podcast as well.

00:25:55.980 --> 00:26:03.090
And so we have another channel where
we put in one podcast a month that

00:26:03.090 --> 00:26:08.100
is a channel that is sort of a legacy
channel from the XM days, but it's a

00:26:08.100 --> 00:26:10.160
Knowledge of Wharton eight cast channel.

00:26:10.160 --> 00:26:14.670
So it has years, 16 years
of audience build up.

00:26:14.970 --> 00:26:16.920
Neil McPhedran: They'll have
all kinds of followers across

00:26:16.920 --> 00:26:18.510
Apple, Spotify, et cetera.

00:26:18.510 --> 00:26:19.500
That's a smart, yeah.

00:26:19.960 --> 00:26:23.250
Dee Patel: We want to provide content to
them because the followers already there.

00:26:23.250 --> 00:26:24.054
We don't want them to go away.

00:26:24.870 --> 00:26:28.650
But they may not know about the five
podcasts that are in the network.

00:26:28.650 --> 00:26:31.110
So we put a episode a month into that.

00:26:31.110 --> 00:26:33.629
So that was part, again,
part of the strategy.

00:26:33.660 --> 00:26:37.320
'Cause once a wheel start going in
motion and there's no strategy in place,

00:26:37.320 --> 00:26:38.490
you're just like, oh wait, what do I do?

00:26:38.490 --> 00:26:41.520
But I kind of outlined
what we were going to do.

00:26:41.670 --> 00:26:43.710
And we can certainly
pivot from that, right?

00:26:43.710 --> 00:26:44.670
We can pivot from it.

00:26:44.670 --> 00:26:49.095
But if you get it down on paper, it
kind of makes it easier to pivot 'cause

00:26:49.095 --> 00:26:50.625
you know what you're pivoting from.

00:26:50.715 --> 00:26:54.585
And then if we have events, like we
had a sports summit, AI Sports Summit

00:26:54.585 --> 00:26:58.935
just this past week, and I brought in
a speaker from that summit to be on

00:26:58.935 --> 00:27:02.665
Moneyball, which is a sports podcast,
and which increased the attendance.

00:27:02.685 --> 00:27:06.105
So like if all things work and
hopefully increase the listenership

00:27:06.105 --> 00:27:08.625
of the podcast, I don't have those
metrics yet, but hopefully that's

00:27:08.625 --> 00:27:09.795
what the cross promotion strategy is.

00:27:10.755 --> 00:27:14.955
So that we can all play in this
space, but also help each other out.

00:27:15.015 --> 00:27:19.425
The faculty have been very receptive
in doing all of these things, so

00:27:19.425 --> 00:27:24.465
that has been good on my end, I have
not received any pushback on that.

00:27:24.795 --> 00:27:28.364
Jennifer-Lee: I love that you're
leveraging the audiences of the

00:27:28.364 --> 00:27:31.064
other podcasts that you have,
because I think that's what a lot

00:27:31.064 --> 00:27:32.524
of people don't necessarily do.

00:27:32.794 --> 00:27:37.064
I always tell people, if you're a
podcast for a business, but you have

00:27:37.064 --> 00:27:41.054
friends in the similar space and
they've got podcasts that have a

00:27:41.054 --> 00:27:43.304
significant listen, do cross promos.

00:27:43.304 --> 00:27:45.675
But everyone sometimes is
a little scared to do that.

00:27:45.675 --> 00:27:48.104
So I like the fact that you
guys are able to do that.

00:27:48.375 --> 00:27:51.495
Obviously you do have a
bit of a team behind you.

00:27:51.495 --> 00:27:56.295
When Neil and I do talk to other
institutions, sometimes it's just one

00:27:56.295 --> 00:27:59.995
person and it's an extra job on their
desk that they're doing all this.

00:28:00.175 --> 00:28:04.275
What would be your advice to people
that maybe wanna approach their

00:28:04.275 --> 00:28:09.135
institution to garner resources and
other people to help them grow a

00:28:09.135 --> 00:28:11.475
podcast network or just a few podcasts?

00:28:11.805 --> 00:28:16.385
Dee Patel: I think it is really
deciding, and regardless of the

00:28:16.385 --> 00:28:20.115
resources that I do have and seem
to have, they're still limited.

00:28:20.445 --> 00:28:22.575
And also bandwidth is limited, right?

00:28:22.575 --> 00:28:25.215
Like hours in the day are limited and,

00:28:25.305 --> 00:28:26.745
Neil McPhedran: Yeah, and
they're not all yours.

00:28:26.745 --> 00:28:28.845
Like that video editor
for example you mentioned.

00:28:28.845 --> 00:28:31.275
That they've got a whole bunch of
other stuff they're probably doing.

00:28:31.275 --> 00:28:31.875
Dee Patel: Absolutely.

00:28:31.965 --> 00:28:32.475
Absolutely.

00:28:32.565 --> 00:28:35.955
We're doing one in person, so I
gotta pull 'em off of something.

00:28:36.015 --> 00:28:38.745
One would think five podcasts
is somebody's full job.

00:28:38.805 --> 00:28:41.820
I have a whole other set of
things that I am required to

00:28:41.820 --> 00:28:43.950
do, but I honestly enjoy this.

00:28:43.980 --> 00:28:47.790
Regardless of whether it seems like you
have the entire Wharton school behind

00:28:47.790 --> 00:28:52.169
you, or very limited resources with one
person, it's deciding where to put your

00:28:52.169 --> 00:28:54.419
resources, where do you wanna put these?

00:28:54.450 --> 00:28:58.350
Do you wanna create a amazing studio
space, but you're not gonna have

00:28:58.350 --> 00:29:02.090
the bandwidth of the resources
to fill that studio space, right?

00:29:02.379 --> 00:29:06.665
Or do you want to do it in
going after the A-list guests?

00:29:06.695 --> 00:29:10.655
'Cause that requires a X amount of
bandwidth, or should you go after,

00:29:10.745 --> 00:29:16.745
maybe at first the B team of guests
and then build up your reputation?

00:29:18.100 --> 00:29:22.930
So that you can get through the
firewalls of the gatekeepers that

00:29:22.930 --> 00:29:24.639
the A-lister guests come with.

00:29:24.639 --> 00:29:26.740
Like it's usually you can get them, great.

00:29:26.800 --> 00:29:29.440
It's their PR people that you
have to go through that is the

00:29:29.440 --> 00:29:31.300
hardest and it's the tallest order.

00:29:31.300 --> 00:29:35.379
So those that are just starting off,
you know, my great advice would kind of

00:29:35.379 --> 00:29:38.500
come back to just really the three Cs.

00:29:38.500 --> 00:29:42.220
Like what kind of content are
you trying to provide and what

00:29:42.220 --> 00:29:43.810
is the competition out there?

00:29:44.139 --> 00:29:47.080
What, you know, how
can you commit to this?

00:29:47.080 --> 00:29:49.450
Like what is your
commitment level to this?

00:29:49.750 --> 00:29:52.000
Are you trying to do this every week
or are you trying to do this every day?

00:29:52.000 --> 00:29:53.230
Or are you trying to do this every month?

00:29:53.500 --> 00:29:57.700
The audience will get used to whatever
consistency you give it, and the

00:29:57.700 --> 00:30:02.380
audience anticipates that consistency
and better show up when you say

00:30:02.380 --> 00:30:04.270
you're going to show up for them.

00:30:04.915 --> 00:30:08.905
And then really just kind of
trust the process a little bit.

00:30:08.935 --> 00:30:12.115
It's hard work, like nothing,
this is not an overnight business.

00:30:12.115 --> 00:30:15.955
This is not something that you can
just kind of be like, oh, I can just

00:30:15.955 --> 00:30:17.185
sit in front of a microphone and talk.

00:30:17.185 --> 00:30:20.725
I mean, as a broadcaster, sure,
we are trained to do that.

00:30:20.725 --> 00:30:24.055
Like Jen and I will tell you we're
trained to do that, but even we know

00:30:24.055 --> 00:30:29.054
that unless you come to the microphone
with a script it doesn't work.

00:30:29.054 --> 00:30:29.774
Script out.

00:30:29.774 --> 00:30:30.675
Script out your intro.

00:30:30.675 --> 00:30:31.935
Script out your segment.

00:30:31.935 --> 00:30:32.925
Script out your,

00:30:32.925 --> 00:30:33.639
Jennifer-Lee: Be prepared.

00:30:33.980 --> 00:30:35.385
Dee Patel: Yes, be prepared.

00:30:35.715 --> 00:30:41.415
The best people that make it look easy did
so much preparation just to make it look

00:30:41.415 --> 00:30:44.115
like I just came in and talked for this.

00:30:44.115 --> 00:30:47.260
Even for myself to come on this podcast.

00:30:47.290 --> 00:30:51.639
I asked for some questions that you
might be asking, and then I wrote out

00:30:51.639 --> 00:30:55.480
some bullet points I have up here on
my screen, some of those statistics,

00:30:55.510 --> 00:30:58.300
the podcast page that you were
referring to so that I can make sure

00:30:58.300 --> 00:30:59.830
we're both looking at the same thing.

00:31:00.100 --> 00:31:03.790
You know, you're really wanting
to respect somebody's time.

00:31:03.790 --> 00:31:05.020
And also what are you building?

00:31:05.050 --> 00:31:06.820
Are you like, are you building a brand?

00:31:06.820 --> 00:31:08.080
Are you building reputation?

00:31:08.139 --> 00:31:10.149
Are you coveting those things?

00:31:10.685 --> 00:31:12.515
Are you building a, a community?

00:31:12.575 --> 00:31:16.355
And I think that's what the Wharton
Podcast Network was doing, is building

00:31:16.355 --> 00:31:21.395
a community, whether that is a community
of relationships between myself, Wharton

00:31:21.395 --> 00:31:28.485
mark comp, and the faculty, which then
ripples into the relationship that faculty

00:31:28.485 --> 00:31:30.045
will build with the industry experts.

00:31:30.135 --> 00:31:35.504
And then whether that domino effects
into the relationship that students,

00:31:35.595 --> 00:31:40.485
prospective students, current students
alum have when they're watching,

00:31:40.485 --> 00:31:43.305
listening to these podcasts saying
like, oh, I may want to go here.

00:31:43.305 --> 00:31:44.415
I may wanna take this class.

00:31:44.415 --> 00:31:46.514
I may want to have this professor.

00:31:46.514 --> 00:31:48.195
Or, hey, I'm an alumni.

00:31:48.195 --> 00:31:50.175
I may want to donate back to the school.

00:31:50.355 --> 00:31:52.784
So it kind of almost like
a full circle of community.

00:31:53.129 --> 00:31:53.580
Neil McPhedran: That's great.

00:31:53.730 --> 00:31:56.250
Jen and I have joked about this, and
any of our listeners have probably

00:31:56.250 --> 00:32:01.679
heard us talk about this, but we
have introduced fellow podcasters at

00:32:01.679 --> 00:32:04.409
the same institutions to each other.

00:32:04.860 --> 00:32:09.689
I think there's just something, I feel
like there's so much opportunity for

00:32:09.720 --> 00:32:15.510
podcasters in a, in a school, in a
institution, just to start collaborating.

00:32:16.350 --> 00:32:18.840
And back to your question
there, Jen, about resources.

00:32:19.620 --> 00:32:22.620
You can kind of start to
pool together resources.

00:32:22.709 --> 00:32:25.979
I think if someone could put up
their hand, take the reins, there's

00:32:25.979 --> 00:32:30.449
probably a lot of opportunity for
that because I think the others that

00:32:30.449 --> 00:32:35.729
are out there in the other corners of
the institution, podcasting, they're

00:32:35.790 --> 00:32:37.649
yearning for the collaboration.

00:32:37.679 --> 00:32:39.810
At least that's what we've
seen over and over again.

00:32:40.335 --> 00:32:44.505
And so it's just a matter of getting
everyone together and then collaborating

00:32:44.505 --> 00:32:46.035
and sharing those resources.

00:32:46.035 --> 00:32:48.705
Like that's also something
we've heard so much.

00:32:48.765 --> 00:32:50.715
Your example where you've got your roles.

00:32:50.895 --> 00:32:53.685
None of those people, that's their
full-time gig, but it's like you

00:32:53.685 --> 00:32:55.095
build it, they will come almost.

00:32:55.155 --> 00:32:56.235
You've built this thing.

00:32:56.500 --> 00:32:57.760
Now you've got interest.

00:32:58.060 --> 00:33:00.610
You've got people that are doing
other things, but they're working

00:33:00.610 --> 00:33:05.170
with you and it just kind of like
feeds off of each other as you go.

00:33:05.379 --> 00:33:06.399
I have one more question for you.

00:33:06.399 --> 00:33:10.990
I'm sure Jen has one too, but I noticed
that in the Where AI Works, that's

00:33:10.990 --> 00:33:13.330
in collaboration with Accenture.

00:33:13.860 --> 00:33:14.910
How does that come about?

00:33:14.910 --> 00:33:18.690
So did you like they're
a sponsor for that show?

00:33:18.870 --> 00:33:20.460
Dee Patel: That's exactly what it is.

00:33:20.460 --> 00:33:25.740
So we were able to build it out
and say, hey, you know, AI is a

00:33:25.740 --> 00:33:27.160
hot topic at the moment, right?

00:33:27.180 --> 00:33:31.770
Everybody wants to be part of
anything artificial intelligence, and

00:33:31.890 --> 00:33:34.680
we attach AI Wharton to that name.

00:33:34.680 --> 00:33:38.835
Now it gives trustworthiness
of what they might be saying.

00:33:39.465 --> 00:33:44.295
And because it's Where AI Works, that's
sort of like, we wanna make sure, like

00:33:44.295 --> 00:33:49.275
if we're having that faculty talk about
how AI is showing up in the workplace.

00:33:49.335 --> 00:33:53.700
I think there were many
sponsors on the line there.

00:33:53.700 --> 00:33:58.530
And so we went with Accenture because I
think gave us the best partnership and

00:33:58.530 --> 00:34:04.590
collaboration and helping us provide the
industry experts that are on these shows.

00:34:04.590 --> 00:34:08.040
There's a little bit of say in it
because it's a sponsorship, but at

00:34:08.040 --> 00:34:13.965
the end of the day, we wanna make sure
that it has the Wharton brand behind

00:34:13.965 --> 00:34:18.344
it, and it is, make sure it's in line
with the Wharton messaging and what

00:34:18.344 --> 00:34:19.844
Wharton is at the end of the day.

00:34:19.844 --> 00:34:23.835
So it's an advertisement, but it's
more sponsorship to help get the word

00:34:23.835 --> 00:34:29.085
out about what AI is doing and how
it's showing up in the workplace.

00:34:29.085 --> 00:34:31.635
And so they provide the
industry experts for that.

00:34:31.635 --> 00:34:35.334
So all different podcasts
are all very, very different.

00:34:35.334 --> 00:34:38.529
I seem to kind of live and breed
them, so I just kind of know.

00:34:38.529 --> 00:34:42.459
But like now I realize as I go to
explain these podcasts to somebody else,

00:34:42.459 --> 00:34:44.259
like yeah, they are quite different.

00:34:44.259 --> 00:34:47.109
Like some of them are in person only.

00:34:47.109 --> 00:34:49.569
Like Ripples, we try to
do that in person only.

00:34:49.689 --> 00:34:53.049
This Week in Business is twice a week,
and it's a very short turnaround.

00:34:53.100 --> 00:34:55.290
Where AI Works has a
sponsorship attached to it.

00:34:55.290 --> 00:34:57.480
So there's a different caveat to it.

00:34:57.930 --> 00:34:59.759
Moneyball and Marketing Matters.

00:34:59.759 --> 00:35:03.630
Yeah, they're the legacy shows
that came over from XM, but

00:35:03.630 --> 00:35:05.130
they're under our umbrella now.

00:35:05.160 --> 00:35:08.250
They're both very different,
even though I categorized them in

00:35:08.250 --> 00:35:10.020
sort of the legacy shows of XM.

00:35:10.500 --> 00:35:12.900
For Marketing Matters, we had
almost all the guests planned

00:35:12.900 --> 00:35:14.370
out until about December.

00:35:14.610 --> 00:35:17.910
Everybody is motivated differently
and each of the podcasts are

00:35:17.910 --> 00:35:19.350
motivated very differently.

00:35:19.410 --> 00:35:25.330
I try to make sure that I
give them the treatment as

00:35:25.690 --> 00:35:28.299
strategically as they possibly can.

00:35:28.660 --> 00:35:32.589
Just cater to the needs of
each individual podcast.

00:35:33.069 --> 00:35:33.730
Jennifer-Lee: I love it.

00:35:33.730 --> 00:35:38.020
With Moneyball and Marketing
Matters, they came from XM, obviously

00:35:38.020 --> 00:35:41.529
that is satellite radio station.

00:35:41.859 --> 00:35:47.180
And did you find it hard to carry
the audience over towards Wharton

00:35:47.230 --> 00:35:51.395
and it on now being on like Spotify
and Apple and the hosting platform?

00:35:52.500 --> 00:35:57.810
Dee Patel: So I, we never knew the numbers
of what their listenership was when

00:35:57.810 --> 00:36:04.319
they're on air, and we just kind of hosted
them in the other podcast realm before.

00:36:04.319 --> 00:36:08.100
So it was like, if we're bringing them
over to us and under the podcast network

00:36:08.100 --> 00:36:09.810
umbrella, what can we provide them?

00:36:10.230 --> 00:36:14.310
One is metrics, which is something that
you know was not provided to them before.

00:36:14.310 --> 00:36:16.529
But two is that cohesive branding.

00:36:16.830 --> 00:36:20.465
And if you look at like the podcast
page, they all kind of look like

00:36:20.465 --> 00:36:25.415
they go together, like their
logos and episode art is the same.

00:36:25.745 --> 00:36:28.895
You know, the look of something
kind of matters as well.

00:36:29.285 --> 00:36:34.235
And then what we really wanted
to provide them was like, how

00:36:34.235 --> 00:36:35.525
people are engaging with it.

00:36:35.525 --> 00:36:38.735
Because like, no, they were not, you know,
there was not engagement with the show.

00:36:38.735 --> 00:36:40.025
So social media.

00:36:40.025 --> 00:36:44.825
Our social media team provides
really great engagement by providing

00:36:44.855 --> 00:36:48.075
every episode a video on YouTube.

00:36:48.465 --> 00:36:52.185
All of the audio episodes, obviously
on the podcast platforms, but

00:36:52.185 --> 00:36:57.225
also a social media clip from
at least one episode a month.

00:36:57.375 --> 00:37:01.665
And then we have a, when we launched
the podcast network, we launched a

00:37:01.665 --> 00:37:06.135
Wharton podcast newsletter that is
all about just podcasting as well.

00:37:06.135 --> 00:37:09.720
So, so we're able to get the
word out a little bit more.

00:37:10.050 --> 00:37:12.900
We want it to be realistic and
set expectations that all of that

00:37:12.900 --> 00:37:14.970
audience that might have been
listening to you on XM is not

00:37:14.970 --> 00:37:17.700
gonna come over and listen to you.

00:37:17.730 --> 00:37:21.990
But there might be some that would just
look for you, but to have that expectation

00:37:21.990 --> 00:37:26.125
saying that we're gonna steal the audience
from XM, that's just not the reality

00:37:26.185 --> 00:37:28.075
and that's not how broadcasting works.

00:37:28.075 --> 00:37:29.904
You know, people love their platform.

00:37:30.145 --> 00:37:33.955
Even right now, like we all have a
platform that we listen to, we all have

00:37:33.955 --> 00:37:37.404
a station that we view or listen to.

00:37:37.884 --> 00:37:41.575
No matter what that station does
or what another station does, I'm

00:37:41.575 --> 00:37:43.134
probably not gonna change my habits.

00:37:43.765 --> 00:37:47.214
So it's like, how do you create
something for those people?

00:37:47.214 --> 00:37:49.740
There are, there's this audience out
here that doesn't have a habit yet.

00:37:50.340 --> 00:37:51.180
That's who you grab.

00:37:51.660 --> 00:37:53.970
Jennifer-Lee: That's so interesting
because that's, people might

00:37:53.970 --> 00:37:55.170
be like, oh, they're so lucky.

00:37:55.170 --> 00:37:59.190
They took these big shows off of Sirius
and then they instantly got everybody.

00:37:59.190 --> 00:38:00.420
But no, that's not how it works.

00:38:00.420 --> 00:38:01.650
And you gotta be prepared.

00:38:01.650 --> 00:38:05.670
So it takes a lot of time and thought,
and probably it's beneficial now, but

00:38:05.700 --> 00:38:08.190
it's not gonna be an instant success.

00:38:08.235 --> 00:38:12.045
Dee Patel: A lot of
conversations, lot of buy-ins.

00:38:12.135 --> 00:38:15.675
And you know, as Jen, and I know I'm
broadcasting, it's like almost very

00:38:15.675 --> 00:38:20.265
quick decisions, but something that I had
to get used to sort of in the academic

00:38:20.265 --> 00:38:25.765
world is a lot of red tape, lot of
round and round, lot of re-conversating

00:38:25.785 --> 00:38:29.085
about something I just conversated about
and I thought we decided on yesterday.

00:38:29.960 --> 00:38:33.140
Yet we're talking about it
again, but it does work.

00:38:33.169 --> 00:38:36.049
We had an audience for
about X amount of years.

00:38:36.379 --> 00:38:41.180
What we were able to use from that was
not really their listeners or their

00:38:41.210 --> 00:38:45.630
audience, but the fact that they built
this reputation for that many years

00:38:45.670 --> 00:38:48.020
and all of those guests were on there.

00:38:48.020 --> 00:38:52.080
So we were able to say, Hey, we
had CMO of, I don't know, Yahoo or

00:38:52.080 --> 00:38:56.130
this or that on our show, and we're
reaching out to you to be on the show.

00:38:56.220 --> 00:39:02.130
You know, people tend to wanna, like
the CMO of DoorDash would more likely

00:39:02.130 --> 00:39:05.400
to be on our show if they knew that
somebody from Yahoo was on there as well.

00:39:05.460 --> 00:39:09.960
We were able to carry that reputation
over, which helped us build it out on

00:39:09.960 --> 00:39:12.790
our end, but we were not delusional
to think that those listeners

00:39:12.810 --> 00:39:14.430
would come over on the podcast end.

00:39:15.509 --> 00:39:15.720
Neil McPhedran: Yeah.

00:39:15.840 --> 00:39:20.490
Well, you have been very busy,
Dee, and I commend you on your

00:39:20.490 --> 00:39:22.080
progress and what you've built.

00:39:22.170 --> 00:39:26.460
It's really exciting to see and I
think that there's a lot here that

00:39:26.460 --> 00:39:30.690
you've shared with us and our audience
that we've learned from, so really

00:39:30.690 --> 00:39:32.550
appreciate you joining us today.

00:39:32.580 --> 00:39:37.830
I'm excited to see how the
network grows and what's next.

00:39:38.175 --> 00:39:40.665
Dee Patel: Thank you, all three of
you, for having me on this podcast.

00:39:40.665 --> 00:39:42.105
I really enjoyed the conversation.

00:39:42.195 --> 00:39:45.105
Something I forgot to say in the
podcast is like, podcast should

00:39:45.105 --> 00:39:48.045
feel like you're eavesdropping on
a conversation, like just friends

00:39:48.045 --> 00:39:50.025
talking and you're eavesdropping on it.

00:39:50.025 --> 00:39:53.145
And you know, hopefully
people felt like that here.

00:39:53.145 --> 00:39:55.395
Like the comfortability
level was definitely there.

00:39:55.395 --> 00:39:55.845
Neil McPhedran: Great.

00:39:55.875 --> 00:39:56.475
Well thank you.

00:39:56.835 --> 00:39:57.525
Jennifer-Lee: Thank you.

00:39:58.620 --> 00:39:59.610
Neil McPhedran: Well, Jen, that was great.

00:39:59.610 --> 00:40:01.110
Another great conversation.

00:40:01.140 --> 00:40:08.190
I really enjoyed getting into the nitty
gritty of building a podcast network.

00:40:08.250 --> 00:40:09.450
I learned a lot.

00:40:09.450 --> 00:40:14.460
I think networks are such a
big opportunity for podcasting

00:40:14.520 --> 00:40:15.779
at the university level.

00:40:15.779 --> 00:40:18.435
It was great to hear
all that went into it.

00:40:18.435 --> 00:40:20.475
It wasn't just a whimsical thing.

00:40:20.505 --> 00:40:24.675
There was a lot of intention and
planning, and there's a lot more

00:40:24.675 --> 00:40:28.270
plans moving forward as they move
from phase one into phase two.

00:40:29.235 --> 00:40:31.815
Jennifer-Lee: And the fact that we
mentioned earlier that she is a former

00:40:31.815 --> 00:40:36.945
broadcaster coming from CBS, and so
that is a huge traditional network and

00:40:36.945 --> 00:40:41.475
now it's neat to see that people like
her and other universities and colleges

00:40:41.475 --> 00:40:44.775
that we have talked to are creating
their own networks and kind of putting

00:40:44.775 --> 00:40:49.635
their narrative in their own hand and
creating their own media companies.

00:40:49.665 --> 00:40:51.945
Neil McPhedran: Yeah, that's a great
way to look at it too, from a network

00:40:51.945 --> 00:40:58.860
perspective where by networking a
number of podcasts, you are, in a

00:40:58.860 --> 00:41:02.550
sense, as you're saying, creating
this bigger channel almost, right?

00:41:02.550 --> 00:41:04.259
So, yeah, that's a good point, Jen.

00:41:04.680 --> 00:41:06.960
Jennifer-Lee: Yeah, we're moving
from traditional networks.

00:41:06.960 --> 00:41:08.700
They're still gonna be
around, but they're, they're

00:41:08.700 --> 00:41:10.590
just looking very different.

00:41:10.590 --> 00:41:12.030
We're in like the future.

00:41:12.390 --> 00:41:16.590
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00:41:16.590 --> 00:41:18.900
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