Taking Simple Ideas Seriously
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Shaan Puri discusses how Crime Junkie's creator Ashley Flowers built a true crime podcast empire by taking a simple concept and scaling it dramatically, similar to how Mr. Beast operates in his content niche.
Key Points:
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Crime Junkie's Success Formula:
- Started with a simple format: telling true crime stories to a friend who actively listens
- The friend mostly nods and asks clarifying questions "when the listener would have one"
- This approach works because "most content gets better the more you narrow it to an audience of one"
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Growth and Expansion:
- Started by taking existing shows/stories
- Now has a team of 10 journalists doing original reporting
- Launched "The Deck" where she works with local police to solve cold cases
- Given access to evidence to help solve real cases
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The Mr. Beast Comparison:
- "She is basically the Mr. Beast of true crime"
- Both took very simple ideas and scaled them dramatically
- Both kept iterating on their core concept: "she just kept going with the very simple idea"
- Both took their concepts "more seriously than anybody else"
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Scale of Operation:
- Hosts two podcasts herself
- Produces shows
- Sells ads and closes deals
- Tours around the country and world
- Previously worked 15 hours a day (now down to 10)
- Has a 3-year-old daughter
- Accumulated 500+ million downloads in five years
- Built a full production company with "a hundred employees"
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True Crime Market Observations:
- The hosts have discussed true crime opportunities for years
- Each year they thought it might be "too late" to enter the market
- Yet each year, new 9-figure companies emerge in the space
- Multiple companies have sold for $100M+ (Parcast to Spotify, Law and Crime)
- Audience is approximately "80% women"
- Sam believes women listen thinking "how would I get out of this situation" while men listen thinking "how would I get away with this"
22:00 - 30:56
Full video: 52:37SP
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.