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Living The Red Life

Why It’s NOT Too Late to Start a Podcast w/Justin Colby

Thu, 06 Feb 2025

Description

Justin Colby, a highly successful real estate investor, entrepreneur, and podcast host, joins the show to share his insights on podcasting, marketing, and business growth. With years of experience in coaching and building a strong online presence, he discusses how he transitioned from real estate into the content creation and coaching space, charging premium rates for his expertise. He breaks down the importance of personal branding and audience indoctrination, explaining how consistency and authenticity are key factors in building trust and ultimately converting listeners into clients.Throughout the conversation, Justin dives deep into strategies for monetizing a podcast, using content to generate leads, and leveraging automation tools like ChatGPT to create worksheets and marketing materials with ease. He emphasizes that podcasting isn’t just about content—it’s a powerful networking tool that can help entrepreneurs connect with industry leaders and potential business partners. Whether you’re looking to start a podcast, grow an audience, or scale a coaching business, Justin’s insights provide a roadmap for success.CHAPTERS02:35 - The Power of Personal Branding in Coaching05:10 - Monetizing Your Podcast: The Right Way07:45 - Indoctrination & Building Audience Trust10:20 - Selling Without Selling: The Subconscious Art of Persuasion12:55 - Creating a Call-to-Action Strategy for Maximum Impact15:30 - The Importance of Warming Up Your Audience18:05 - Using ChatGPT & Automation to Streamline Content20:40 - Why You Should Start a Podcast Now23:15 - The Networking Superpower of Podcasting25:50 - Where to Find Justin Colby & Closing ThoughtsConnect with Justin Colby:Instagram:@thejustincolbyPodcast:The Science of Flipping (Available on Apple Podcasts)Website:JustinColbyCoaching.comOther Podcast:Entrepreneur DNA (Available on Apple Podcasts)Connect with Rudy Mawer:LinkedInInstagramFacebookTwitter

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Transcription

Chapter 1: What is the power of personal branding in coaching?

0.069 - 11.843 Host

I can't tell you how many times people will come into my coaching and they'll say, man, you were the first person I started listening to on Apple. And I'm like, so when did that happen? They're like, six years ago. I was like, it took you six years to hire me as a coach.

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12.184 - 12.704 Host

Six years.

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What I think people don't love about podcasts, which I'm trying to help people understand this. there's a longer tail to it. So I would just tell people, just as a piece of advice, follow the wave. You might feel like you're late. You might feel like it's already past you. Don't. The wave is still going, right? The money is still pouring into it. Donald Trump is getting on podcasts. It's working.

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35.593 - 36.034 Host

It's happening.

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36.485 - 54.404 Rudy Mawer

My name's Rudy Moore, host of Living the Red Life podcast, and I'm here to change the way you see your life in your earpiece every single week. If you're ready to start living the red life, ditch the blue pill, take the red pill, join me in Wonderland and change your life. What's up, guys? Welcome back to another episode of Living the Red Life.

Chapter 2: How can you monetize your podcast effectively?

54.444 - 73.457 Rudy Mawer

Today, my friend Justin's joining us here in the office, and we're going to dive into the world of podcasting and monetizing and building a brand from podcasts. He has two of the top 10 podcasts in the world in his categories, and we're going to talk about how you're using that to grow a massive coaching community and brand behind it. So what's up? Welcome to the show.

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73.717 - 78.0 Host

I'm excited to be here. I already love the vibe of the studio. This is great, dude.

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Chapter 3: What is audience indoctrination and why is it important?

78.14 - 84.83 Rudy Mawer

Yeah, it's like hidden gem on Miami Beach, right? You walk in this old building and then boom, this is it. That's literally what I was like.

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84.97 - 88.796 Host

I don't think I'm at the right building texting you. And then it is. And you're like, oh.

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89.562 - 113.688 Rudy Mawer

home yeah yeah everyone says that because uh actually off topic but the miami law is they can't change because it's all protected buildings right so it's like all super old school and then you walk into this like red explosion oh yeah that's good but let's dive into you so if people don't know who you are uh obviously a lot of people will but you've got a massive real estate background and we're here talking about podcasts and the coaching but you mind just doing a one minute overview

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Chapter 4: How can you sell without being salesy?

114.088 - 134.093 Host

Yeah, so I've been around the entrepreneur space. I'd never had a W two job is kind of the fun part. I graduated UCLA. So I went and got the degree. Yeah, never used it. Total waste of money and time had some fun, but never used it went directly into sales at a college, which landed me into I went door to door sales, which best experience hardest.

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134.213 - 137.054 Rudy Mawer

It is right. Like sales as a kid is so great.

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Chapter 5: What is an effective call-to-action strategy?

137.134 - 139.755 Host

Oh, man, I landed in Boston. Okay.

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during the winter going door to door i'm a california boy so it was it was challenging but that challenge led me to understand the art of salesmanship and persuasion and helping to deal with people which led me into real estate because i had an opportunity to build a brokerage yep and that happened in 2006 well when the world crumbled in 2007-8-9 i crumbled with it

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yep so i had to start over and i leaned more into not just uh retail real estate i leaned into real estate investing and just like all the shows that all of you guys are aware of that is what i've done for the last 18 years yeah so um From there, though, I started a podcast about 11 years ago called The Science of Flipping Podcasts. Shocker, I was flipping homes.

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Chapter 6: How do you warm up your audience for better engagement?

184.556 - 208.888 Host

And what that led to was the creation of a brand. And that's what I just, I give a lot of credit, even though I didn't know what I was doing then, the podcast world specifically allowed me to create a brand now that, you know, little things, and you know this about me, but I launched a book at the beginning of this year and within, 14 days, 10 days, it hit number one bestseller on Amazon.

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Not because I bought the books. Because my brand and my following, I would post about it, and they would immediately, the day it came out, would go buy books. And those are the little things, and we'll go deeper, but that all started with the original podcast, which created a coaching company, which then recently created another podcast called The Entrepreneur DNA.

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which I can't wait to have you on. And we talk all about business, but those two things then has led to so many opportunities and scalability and revenue and income and people. So I love the power of a podcast.

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Chapter 7: How can automation tools like ChatGPT streamline your content?

245.991 - 251.355 Rudy Mawer

Yeah. So people listening, I think the first question is when's the right time to start a podcast?

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when's the right time to plant a tree, right? It's the same thing. Yesterday was, so it's not yesterday, it's today. Go get started. I tell everyone the same thing. Just start. Because if you go back and genuinely listen to my first one,

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Chapter 8: Why is now the best time to start a podcast?

263.619 - 288.794 Rudy Mawer

not ideal right but i just started without yeah yeah i think it's that perfectionist syndrome thing right like i think you can you can have the thirty thousand dollar studio and the editing team or you can film it remotely get started get a guy on upwork or fiverr to edit it and throw a hundred dollars an episode and get started right why i relate so much to gary v yeah right if you look at his first work it is less than and he likes

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288.894 - 315.838 Rudy Mawer

to repost it too right like he shows you and it's true and you and i were just talking about you wish you started a podcast sooner i mean it just leads to so much great stuff yeah and then what i teach my audience too is you can also just uh now with chat gpt i mean even if you launch it and no one ever listens you do all your content for the week because you can take it have chat gpt and a va turn it into email social content cut it down into a bunch of reels

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316.278 - 321.462 Rudy Mawer

So it's like even if you don't have a bunch of subscribers to start, just use it as a content production machine.

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Chapter 9: What networking opportunities does podcasting offer?

321.542 - 337.532 Host

That's what I look at it as is because obviously both of our videographers are here. Like it becomes an ecosystem. Yeah, yeah. Great. You have a million people on Instagram. Well, this podcast will create clips that you're going to put as reels. They're going to be stories. They're going to be right. So it becomes an ecosystem. Great.

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Maybe a longer version goes over to YouTube and maybe the shorts on YouTube. So to me, it's just a great way to be able to create the authority I'm really leaning into this because of what's happened to me and you are the master at this, right? So I can't wait to have you on.

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But the credibility and influence and then authority that comes with it because people start to see the ecosystem and they think I'm everywhere and I'm doing all these things and really it's just I'm strategically just creating content and being able to

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366.002 - 386.881 Rudy Mawer

put it in all these different places well and i also mean in line with that podcasts are now super respected so like five years ago it was like podcast like a youtuber but now it's like because joe rogan and these big podcasts and now presidents are going on there and it's shifting election patterns Even in two years, I've noticed like, oh, wow, you have a top 10 podcast.

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387.261 - 395.129 Rudy Mawer

And they say as much as like, wow, you have an Amazon TV show. And in my head, I'm like, they're worlds apart. But like podcasts are getting more and more respected, I feel.

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I'm excited about it because of that. And I think there's going to be this layer that it'll be harder to break in. I mean, you'll be able to do it. But because people thought... And by the way, when I started 11 years ago, I already kind of thought I was late to the game.

412.228 - 415.949 Rudy Mawer

Yeah. And I was like, I guess. Which is so early to me.

416.009 - 424.672 Host

Like 11 years ago is when I started listening to podcasts. That's right. And so I would tell everyone to go do it. But there will be some kind of threshold.

425.492 - 442.021 Rudy Mawer

I still think now because... of what's happened in the last two years and how big Joe Rogan and stuff have gotten in the elections. It's now probably going to start hitting its peak. You see every athlete now has a podcast all of a sudden.

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