Audience Cofounder Components
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A framework for leveraging audience partnerships in business, focusing on how to effectively use influence and audience to grow companies.
Core Components of an Audience Cofounder
- Large Trusted Audience
- Trust is more important than size
- Measured by audience action, not just numbers
- Trust tests include:
- How many people would show up if you announced a meetup
- How many would set an alarm for a 5am product launch
- How many actually take action on recommendations
- Product to Audience Fit
- Product must authentically match audience needs
- Price point should align with audience capacity
- Best results come from solving problems you've personally experienced
- Must be able to tell authentic stories that resonate with audience
- Content Creativity
- Ability to create ongoing stream of engaging content
- Must know how to package announcements to go viral
- Skill to continuously bring brand front and center
- Create native content that drives business growth
Evolution of Audience Partnerships
- Started with simple celebrity endorsements
- Evolved to equity partnerships
- Now moving toward deeper integration:
- Celebrities becoming more involved in daily promotion
- Using personal platforms for constant marketing
- Integration into personal brand and identity
Modern Examples
- Software space adoption:
- Russell Brunson with ClickFunnels
- Hormozi with School
- Shepherd's partnership model
- Consumer brands:
- McGregor with Proper Whiskey (15-20% ownership)
- Logan Paul with Prime (20-30% ownership)
- Celebrity alcohol and cosmetic brands
Key Success Factors
- Must be genuine and authentic to audience
- Requires consistent, long-term commitment
- Focus on leveraging existing trust
- Integration between brand and personal identity
- Ability to create ongoing valuable content
14:04 - 21:52
Full video: 53:12SP
Shaan Puri
Host of MFM
Shaan Puri is the Chairman and Co-Founder of The Milk Road. He previously worked at Twitch as a Senior Director of Product, Mobile Gaming, and Emerging Markets. He also attended Duke University.