Joe Budden on $20 Million Spotify Offer, Rory & Mal Split, & Podcast Industry

In this episode, we sat down with the legendary Joe Budden. We talked about his early days in podcasting, how he's seen the industry change, his issues with Spotify, the current state of podcasts, Rory and Mal, and more. We also talked about his network, the issues that came with it, music, and the mistakes that others are making in the industry. #joebudden #podcast #earnyourleisure EYL University: https://www.eyluniversity.com 00:00 Trust in busienss 00:57 Intro 03:42 How Joe Budden feels about the podcast space 04:50 When did you realize podcasting was a real business 08:08 How did you make money podcasting 10:47 Spotify deal 15:37 Is there any similarities with music industry & podcast industry 16:40 Joe Budden starting his own network 21:10 What were the issues with the network 24:00 What's the vision for the network 25:17 The process of doing what you do 28:03 Do You look at yourself as a Dame Dash in the space 29:04 What's the blueprint to make money in a podcast 34:00 Why don't people share information and how it affects other podcasters 35:12 Podcast coalition 37:24 How many profitable podcasts are there 38:33 Settling for one source of income 40:51 What's the deal with Patreon 44:35 What's the retention rate with Patreon 44:57 How do you feel about live shows 47:54 How do you manage being the talent and the face of the business 49:17 What happened with the Rory and Mal situation 54:09 How do you prepare your new host for the show 55:28 Is there too many podcasters 58:45 Independent shows vs corporate shows 1:01:00 Is Joe to blame for rappers making podcasts 1:03:00 What happens when you leave the couch 1:04:22 How do you feel about the word podcast 1:06:26 Do you think content is important or the personality 1:07:37 Do you ever look for the next star 1:08:26 What''s next for Joe Budden 1:11:18 Joe Budden’s top five albums