Speaking Circuit Credibility Tactics

A discussion about how people use book writing and speaking engagements as a path to higher paid speaking opportunities and business credibility.

Speaking Fee Examples

  • Obama reportedly charges $1.2M per speaking engagement
  • Gary Vaynerchuk charges $100k or requires $100k in book purchases
  • Casey Neistat charged $25k + private flight ($6k) at peak popularity
  • Ashton Kutcher charges around $150k
  • Coach K (Duke basketball) charges $70k+

Book Writing Strategy

  • Primary goal isn't book sales but speaking opportunities
  • Key steps:
    • Write a book regardless of readership
    • Pay to get on bestseller lists (Amazon/NYT)
    • Use "bestseller" status to increase speaking fees (~$15k bump)
    • Book becomes credential for higher-paying speaking circuit

Additional Requirements Common in Speaking Contracts

  • Example from Robert De Niro's contract:
    • Private jet transportation (Gulfstream)
    • Keep all costumes/props
    • Personal trainer accommodations
    • 7-day vacation at Ritz Carlton
    • Additional 5-day LA stay within 12 months
    • Family travel arrangements

Industry Insights

  • Washington Speakers Bureau:
    • Revenue grew from $15M (1999) to $150M (2017)
    • Acquired by major ad agency
    • Represents high-profile speakers across industries
  • Most speakers need to travel frequently
  • Business model relies on being "professionally curious" about a topic
14:16 - 15:44
Full video: 38:14
SP

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.

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