208: How thought leaders can tap into the growing 'Creator Economy' artwork
CRANK THE 3RD: Exploring the entrepreneurial + creative side of life post 50

208: How thought leaders can tap into the growing 'Creator Economy'

  • S5E208
  • 23:37
  • October 27th 2021

The Creator Economy is a big deal. It’s big – HUUUGE! – and it’s getting bigger.

What’s the relevance to thought leaders and professional experts?

Simple. It’s where all the content ‘heat’ is at the moment.

According to Mark Stenberg from Medialyte:

"The creator economy consists of individuals with unique skill sets using platforms to monetize their craft.”

Bona fide content creators (or ‘content entrepreneurs’, as Joe Pulizzi likes to call them) are busy building their media channel, growing an engaged audience (and considerable influence), and then creating products and services to serve that audience.

Many thought leaders and personal brand enterprises, however, tend to already have their business model in train. They are creating content and building an audience often as a way to attract people to their ideas and to build subject matter authority. The ultimate goal, of course, is to build profile and reputation that in turn helps generate more leads and sales for their business, or whatever 'commercial' outcome they seek.

In this solo episode, Trevor Young aka the PR Warrior, dissects the Creator Economy and explains why it's important for thought leaders to get a handle on where things are headed in this space.

Trevor's advice? Don’t follow your competitors (and end up looking like them).

Instead, check out - and seek inspiration from - the new wave of independent content creators who are making a big splash globally in their respective niches.

They’re at the cutting edge of what’s happening currently in the world of content marketing and social media, he says.

"Go to where the real action is and absorb ideas and insights, and start putting them to work in your business!"

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CRANK THE 3RD: Exploring the entrepreneurial + creative side of life post 50

CRANK THE 3RD is a weekly podcast in which we explore the entrepreneurial and creative side of life post 50.

You've survived the first two professional chapters of your lives - 20s to mid-30s (chapter 1) and mid-30s and through your 40s (chapter 2).

Welcome to the 3rd chapter! By this stage of your professional life, you've seen a lot, done most things, made some cash, expanded your horizons and probably are more comfortable in your skin than at any other time.

But it’s not necessarily all sunshine and roses either. At some stage, many of us reach a point where we ask: “Is that all there is?”

While we have oodles of experience under our belts and are a lot more sure of ourselves and confident in our own abilities, we also live in a fast-paced volatile world.

Technology is ever-changing, and the AI wave has only just begun. A sense of uncertainty is never far away. We know that if we stand still, we run the risk of losing relevance.

No matter how savvy, experienced and connected we are, certain challenges remain.

But on the upside, the number of opportunities staring us in the face is enormous, and unprecedented!

The goal of CRANK THE 3RD is to inspire energised, forward-thinking 50 and 60-somethings to continue to think expansively and creatively about their current situation, and to ponder, plot and plan the exciting road they have ahead of them.

You’ve put in the hard yards: now it’s time to capitalise!

Let’s dive in!

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