Spotify Founder: How A 23 Year Old Introvert Built A $31 Billion Business!

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The Diary Of A CEO

The Diary Of A CEO

Күн бұрын

Пікірлер: 722
@TheDiaryOfACEO
@TheDiaryOfACEO Жыл бұрын
If you enjoyed this conversation could you do us a favour and HIT that like button on the video! Helps us a lot ❤ share your favourite part of the convo below 👇🏾
@sreedevi3652
@sreedevi3652 Жыл бұрын
@resonatingspirit
@resonatingspirit Жыл бұрын
Spotify has all but cancelled revenue for professional musicians especially performing rights… unbelievable lack of integrity and greed. I work for a music charity. Before Spotify musicians had passive income for others playing their music( and encouraged to buy it outright: which you can still do on apple and band camp). Now unless you are in top 1 percent it is basically a platform where Spotify siphon off the lions share through people paying to use the platform. I will never sign up to this platform. Please look into this and how many streams you need to have to make even £100.00 on this platform
@Pilot333
@Pilot333 Жыл бұрын
So I understand that you called social media platforms to demonitize Russell Brand and even deleted your interview with him. In other words: you are part of the stinking cancel culture mob…. Shame on you!
@LuciaSavam
@LuciaSavam Жыл бұрын
did!
@michaellawrence3345
@michaellawrence3345 Жыл бұрын
Dude you’re getting better and better Future guess puffy Combes Quincy jones or Nxt. Level dr Dre 👍🏾
@aztradescrypto
@aztradescrypto Жыл бұрын
This podcast PROVES that when mothers or even fathers focus all their energy in making their kids better skilled and better humans, great things will come out of it. I felt like he was a PROJECT for his mother and she focused, persevered, installed in him all what he needed to become this man he is today.
@Fenton__
@Fenton__ Жыл бұрын
Until he started investing 100 mill + in the military
@d-zone
@d-zone Жыл бұрын
His wealth has come from exploiting musicians and independent record companies. Hardly something to be proud of.
@thomasbarchen
@thomasbarchen Жыл бұрын
​@@Fenton__Which military?
@ov959
@ov959 Жыл бұрын
How it proves that? So your mom or any other didn’t succeed?
@Aeviae
@Aeviae Жыл бұрын
I can understand why you feel that way, but have you considered that without Spotify, musicians would be getting paid absolutely nothing because people would be pirating their material. Now artists are paid every single stream.@@d-zone
@aadhaya7885
@aadhaya7885 Жыл бұрын
This is the best podcast in the world. The way the host challenges his guests with tough questions instead of just placating the guests, where its a real philosophical and existential conversation among equals instead of a fan boy interview is unparalleled and unrivaled. Bravo.
@kristireismann3118
@kristireismann3118 Жыл бұрын
Being an introvert, this is my favorite episode. I could very much relate to him talking about walking away from the dinner parties. I do the same and always wondered whether I was the only one and whether there was something wrong with me.
@Stefanburakov
@Stefanburakov Жыл бұрын
I am a extrovert introvert.. not joking.. anyone else here like that?
@ZoeF.O
@ZoeF.O Жыл бұрын
​@@Stefanburakov That's the perfect way to describe myself. :)
@MrzodiacBE
@MrzodiacBE Жыл бұрын
​@@Stefanburakovjup.
@RR-et6zp
@RR-et6zp Жыл бұрын
personality types dont exist
@Nkunzi808
@Nkunzi808 Жыл бұрын
A better term for that is an ambivert.
@dutchy1121
@dutchy1121 Жыл бұрын
The concept of getting an idea, walking away to contemplate on it and then coming back an hour later perfectly describes the life of a writer, although sometimes it can be several hours before they come back. The idea for a story can come at any time.
@Stefanburakov
@Stefanburakov Жыл бұрын
Yes! What do we do next?
@marwansafi7220
@marwansafi7220 Жыл бұрын
Hands down, this is the best podcast in the world. How deep it dives into details where you can literally can get a clear idea how Daniel works in his own way. It's not that he's become a billionaire, it's that he's able to solve huge problems and said practically said anything is possible. Just wow.
@olupotdeogracious9192
@olupotdeogracious9192 Жыл бұрын
Wonderful profound insights to initiate in life game
@pinarelcinmann5565
@pinarelcinmann5565 Жыл бұрын
When I first saw the video uploaded, I said "No Not Daniel Ek, he is a topic in every tech event in Stockholm". But I sit down and listened and respected his authenticity and that hold me every minute during this interview. Then yesterday I forwarded this interview and asked a friend who knows him and she said he listened him in many occasions, she said he is honest and open so it leaves a surprise to us and a moment of silence. When he shared his motivation to be in a group/herd, I saw the worries of my 11 year old son growing up in Stockholm. When he shared the difficulties of motivations and aims in life, this is so good. Thanks. I will watch again with my son.
@withwilk7473
@withwilk7473 Жыл бұрын
I relate to this guy soo well. Introvert by nature that can turn it on. Avoided uni and went into startups in foreign countries early on. I have changed jobs soo much and gained a broad understanding of business, admin, sales, marketing, so on as well as multiple countries, cultures, etc. I am 30 and probably should start my own business.
@joelm.m
@joelm.m Жыл бұрын
Godspeed on your business venture
@JOjoZ00o
@JOjoZ00o 9 ай бұрын
YES GREAT EP - Hope you are succeeding, enjoying the journey to further knowledge- all the best
@anam.chisilita2659
@anam.chisilita2659 Жыл бұрын
This episode was truly refreshing. I identify a bit with being an introvert with add traits myself. I have always had more than one area of interest in my life: art, graphic design, brand management, copywriting, client management, psychology, fashion. I felt to be really good at many things, but not great at one. I worked with start-ups helping to build brands, but never thought I could be an entrepreneur myself as I saw this diversity in skills as a weakness more than a strength. I also always thought that work should be hard. So maybe it’s time to address those harsh believes.
@IAmElisha
@IAmElisha Жыл бұрын
Wow - I hear so much of myself in your comment! But for me, my varied interests were the exact reason why I had to work for myself. I needed the freedom and flexibility to shift gears as I saw fit. As long as you maintain some structure in your daily routine, you can do amazing things! Best of luck to you!
@anastasiiatryputen9350
@anastasiiatryputen9350 Жыл бұрын
It is almost like if you described past me - amazing academic success, ex dancer, always did so many things and felt I could do more but with so many challenges from attack to abuse it made me feel incapable at best. I am sharing this to say - you are enough, you are great, please work on your beliefs (talking based on own experience) and go for your dreams - you will make it! ❤
@999Rabs
@999Rabs Жыл бұрын
So much to take out of this episode. The way Daniel has, with his co-founder, shaped their business and how he’s created a culture that allows people to grow and be able to fail is what I found especially refreshing. Empathy and humility are such important attributes for a leader to exhibit. As someone working in a startup with a founder who operates very differently and is far from what I think we need to take our business forward, this episode has been especially helpful. Thank you Stephen for continuing to have such incredible guests on your show. It’s making a real and positive impact on people like me 😊❤
@MalaikaMazibuko-m2n
@MalaikaMazibuko-m2n Ай бұрын
As an introvert raised by a strong and passionate single mom working to be an entrepreneur, I relate to this and find it very inspiring This will help me navigate how to raise my future kids as well as becoming successful ❤
@jonalilutfaliev8421
@jonalilutfaliev8421 27 күн бұрын
Good luck my man!
@emilianolgu
@emilianolgu 10 ай бұрын
First time I ever heard of this channel. Felt like I found a goldmine. Impressed in your ability to let the guests talk/rant and knowing when you can add to the discussion.
@astrologerdawn1200
@astrologerdawn1200 Жыл бұрын
Loved the interview. I worked in Corporate America for 20 years and then started my own company. Many of the things I'd learned in Corporations really helped me with growing my own business.
@AndyBlackSEO
@AndyBlackSEO Жыл бұрын
Keep doing what you're doing Stephen! Your interviews are STELLAR! Thank you.
@LuciaSavam
@LuciaSavam Жыл бұрын
true!
@StephenMykal
@StephenMykal 11 ай бұрын
I love the honesty and transparency the guest shared. People think that there are cures for the human things we struggle with internally, and often those cures are not at all tied to the events and objects we assume are going to heal us. Great to hear his story.
@THEVIRTUALBACKOFFICELULU
@THEVIRTUALBACKOFFICELULU 9 ай бұрын
What an intriguing brain this young man has. His mind is wired in a very symphonic way. LOVE IT. He has given me a lot of words that explain my feelings
@Shellshellshq
@Shellshellshq 11 ай бұрын
This guy is one of the most genuine people I’ve ever seen. True to the audience and true to himself.
@rasmuserlandsson2204
@rasmuserlandsson2204 8 ай бұрын
What? The guy is complete evil. Steals from artist and consumers alike. Fires 3000 employees with just a note. Has bullshit cocaine parties and threatens to leave the country because we have a living standard here, you can't treat employees however you want.
@celeniavos1667
@celeniavos1667 7 ай бұрын
You re out of your mind !
@Luqin100
@Luqin100 10 ай бұрын
This interview has reignited my determination to persevere and work hard on my startup, which almost 5x died. But it's still alive and has started growing, probably persistence is the key. Thanks!
@celestevinassa481
@celestevinassa481 Жыл бұрын
So affirming to hear that there are other people who need to blend social time with a lot of alone time, even while socializing. And that their friends understand.
@bmkidzonebmworld763
@bmkidzonebmworld763 9 ай бұрын
This man is one of THE BEST interviewers I have ever seen (after Tom Bilyeu, I had stopped watching such podcast because they were not asking quality questions). This man squeezes the brain of his guest and whoa....what a value and insight he provides! Love it!
@realdeal1331
@realdeal1331 Жыл бұрын
Spotify changed my life as a introvert, walking around with my Bose and listening music like I belong ❤ made such a huge difrence in my life 🎧🎶
@TheDiaryOfACEO
@TheDiaryOfACEO Жыл бұрын
Me too!
@felipeandino7263
@felipeandino7263 Жыл бұрын
This is exactly why art is dead. It is now a convenience for consumer use. In the case of music it's a literal buffett from the Titanic for your 30 min run/walk. Music taste is a thing of the past.
@andiuptown1711
@andiuptown1711 5 ай бұрын
@@felipeandino7263*Horrible take*
@pumziletracywilbon7963
@pumziletracywilbon7963 Жыл бұрын
I instantly connected with how he described his mother, the activities she encouraged him to take part in, and the overall shaping of his diverse perspective on life. Mothers are magicians, especially those with limited means. I'm deeply inspired by both of your work. Here's to all fellow generalists adding variety to any space, those still taking risks and betting it on themselves. 🙏❤
@sindypetronella
@sindypetronella Жыл бұрын
@pumziletracywilbon7963
@pumziletracywilbon7963 Жыл бұрын
❤What a lovely surprise,@@sindypetronella 🥰
@moisemahano5057
@moisemahano5057 Жыл бұрын
For an introvert to be this free still amazes me! Thank you.
@d-zone
@d-zone Жыл бұрын
yet he has no conscience when ripping off independent record labels and their artists.
@PianoVampire
@PianoVampire Жыл бұрын
Just finished watching The Playlist, can't wait to see this one!
@Artemone1000
@Artemone1000 10 ай бұрын
That guy just told me the most important thing I've ever heard in my entire life. This interview is just one phrase "You need to study as many businesses as you can if you want to become a successful interpreter".
@juank7364
@juank7364 Жыл бұрын
Thanks!
@HI_Daily_Dose808
@HI_Daily_Dose808 Жыл бұрын
Your podcast brings value and insight that cannot be gained in most other forms of media today. The part on University vs. startup experience is such an important dialogue to carry-on in society. Most of us have only realized the value in startups or entrepreneurship recently because our parents discouraged the idea of instability.
@PascalBachmann
@PascalBachmann Жыл бұрын
This story is proof that quiet ambition can be just as powerful as loud hustle.
@ismailkus4221
@ismailkus4221 Жыл бұрын
“Easiest person to deal with solving the most of the problems“ what a statement : An individual who possesses excellent communication skills and a cooperative mindset tends to be the easiest person to deal with, as they are open to understanding different perspectives and finding common ground. Their ability to empathize and listen actively enables smoother conflict resolution, minimizing misunderstandings and fostering a harmonious environment. They often approach challenges with a problem-solving mindset, seeking collaborative solutions that benefit all parties involved. Their adaptability and willingness to compromise make them adept at addressing a variety of issues effectively and efficiently. Overall, dealing with such a person can alleviate tensions and promote constructive outcomes in various situations.
@isakgrapenmyr3224
@isakgrapenmyr3224 Жыл бұрын
This episode was highly commendable. I subscribed after your message about improving the channel's visibility and attracting prominent guests. I eagerly anticipate an episode featuring Peter Thiel.
@aligohar1708
@aligohar1708 Жыл бұрын
This guy is putting out volume like crazy. Impressed by the effort man
@ShortcastoverCoffee
@ShortcastoverCoffee Жыл бұрын
This was such an enlightening and inspiring episode with Daniel Ek, founder of Spotify. His journey from a working-class upbringing in Sweden to building a music streaming giant is remarkable. It's fascinating to learn how Daniel's intrinsic love for learning, broad interests and ability to empathize with different groups shaped Spotify's innovative product. He seems to embody optimism and perseverance, especially during the tough music licensing negotiations. His reflections on happiness, introversion, the evolution of his leadership style and emphasis on culture left me with much food for thought. Daniel comes across as humble despite his success. I loved his point about looking inward to understand your superpowers versus modeling other entrepreneurs. Kudos to Steven for drawing out Daniel's journey and insights so engagingly. As a long-time Spotify user, I have new appreciation for Daniel's values that shaped this product I enjoy daily. Thank you for this peek into the mind of an inspirational founder! I use spotify to host my own podcast
@bhiveliveglobal
@bhiveliveglobal Жыл бұрын
This episode has given me renewed hope that a problem no matter how small or big can be solved with the right energy and people around you. This should be the support and encouragement you need to start or push on. TY
@d-zone
@d-zone Жыл бұрын
The entire spotify business model is based on exploiting independent musicians and record labels and refusing to pay a fair rate for each stream, that's nothing to be proud of.
@shosho4real
@shosho4real Жыл бұрын
It's awesome to work on only projects you find fascinating. Not to be motivated only by money or hustling for survival
@gursevaksingh901
@gursevaksingh901 Жыл бұрын
1:14:58 I love this! I’m a Risk Manager and I think what Daniel is talking about is risk appetite. How much risk are you able to tolerate in any given situation or when making a decision. Organisations need to define where their guardrails are in which you can work and “fail” in this instance. Culture being a big part of that
@ron95754
@ron95754 Жыл бұрын
Another one of the most interesting interviews I've had the extreme pleasere to listen to and comment on as well as repost and share with others. Your questions are extremely well structured to illuminate the inside Storey and people. Thank you so very much.
@aliyasrealm5357
@aliyasrealm5357 Жыл бұрын
Steven, I just started reading your book and honestly it is absolutely amazing. Never before did I have an urge to comment on a video or give a personal review about anything but this book is truly a Gem!!!!
@Devientity
@Devientity 6 ай бұрын
Another great Interview! I am quite surprised that the billion Dollar CEO's like Daniel and Biran have such sweet personalities with great values! Without this Channel I wouldn't be able to experience this mind opening lessons. I appreciate Steve which is a great mediator of this Channel! I wonder if there are likeminded Entrepreneurs, starting off currently and want to connect ?
@TheMitchWilder
@TheMitchWilder Жыл бұрын
The value of traditional education versus real-world experience is thought-provoking. The perspective that there isn't a one-size-fits-all path to success, but rather multiple avenues based on individual strengths and interests, is a much-needed message.
@okinawa1312
@okinawa1312 Жыл бұрын
that was obvious all the time. everybody knows this. Why is this thought-provoking?
@JonathanBkly
@JonathanBkly 7 ай бұрын
This video is so inspiring - it's amazing what an introvert can achieve with determination and a great idea!
@howardhill3395
@howardhill3395 Жыл бұрын
To be fulfilled as a human, have to keep growing - learning and building genuine connections, regardless how much money one has. Thanks for another great interview, going deep.
@ianacb1238
@ianacb1238 Жыл бұрын
Thanks
@BeeMonster99
@BeeMonster99 8 ай бұрын
I love how they go for the self-learning approach, and I’d want to do the same. But lack of proper resources is a challenge in my opinion. Like if you want to really learn something, how do you find the right resources, for getting proper info to learn from
@electricpowers9454
@electricpowers9454 Жыл бұрын
Am so behind in this technology running world. I don't really know what Spotify is. Am so grateful to this podcast that am getting to know alot of things in general.
@kenzalethomas1891
@kenzalethomas1891 Жыл бұрын
As an introvert myself this resonates real well with me. I’m also an apple guy but I can’t pry myself away from Spotify. Tried Apple Music a few times just to jump right back to Spotify.
@dilankarkawatli
@dilankarkawatli Жыл бұрын
By far the best intros to podcasts
@fayzilloakhmedov9775
@fayzilloakhmedov9775 10 ай бұрын
Awesome, what a great communicator Daniel Ek is!
@Sabrina-LosAngeles
@Sabrina-LosAngeles Жыл бұрын
Thank you both for this portrait. I enjoyed watching the limited series "The Playlist" on Netflix telling the story of Spotify. This conversation was great additional context - never underestimate the power of change and quiet disruptors. ❤
@agnesgarcia1432
@agnesgarcia1432 Жыл бұрын
Learning so much from watching these episodes. Thank you so much for all the awesome probing questions that draw out these incredible experiences and life lessons.
@the_dumplings
@the_dumplings 9 ай бұрын
Very genuine answers from Daniel Ek! Really enjoyed and learnt something from this interview :)
@nickbananto
@nickbananto 7 ай бұрын
Who else is on the path where you work for a big company and use it to fund your business that will hopefully be a big company one day?
@cyberswitchtech
@cyberswitchtech 10 ай бұрын
As an introverted founder, this was so helpful! I’d like to connect with both of you
@mariaschoenfeld
@mariaschoenfeld Жыл бұрын
Such a nice interview to listen to, especially his pace and cadence of speech is so comforting. Not rushing through the topics. Humble guy. Very sympathetic and interesting.
@rayjenscode3501
@rayjenscode3501 6 ай бұрын
What an amazing story of Daniel and Spotify whooo!!
@albatraussmusic
@albatraussmusic Жыл бұрын
I love what Daniel Ek built. My only problem now is how unfairly compensated artist get from Spotify streams.
@Aeviae
@Aeviae Жыл бұрын
Have you considered that artists would not be compensated at all for their music if Spotify were not there as a guilt-free deterrent to the free downloads that people were seeking out before?
@ispatza
@ispatza Жыл бұрын
​@@Aeviaematter fact they must be thankful 🙂
@albatraussmusic
@albatraussmusic Жыл бұрын
​@@Aeviae I'm grateful a platform like Spotify exists to counter piracy. This is a two way street though, with out artists Spotify wouldn't of been able to grow as big as it has. I will give Spotify a lot of credit, they have given a ton of artist a platform for growth.
@WillyJunior
@WillyJunior Жыл бұрын
It's a tough one. There's so many people making/recording music now due to the technology being cheap and accessible that there's no way they can all make good money and still get the same amount of plays they get on Spotify.
@یکایرانیدرنیویورک
@یکایرانیدرنیویورک Жыл бұрын
Says the same people who would not purchase albums legally and would download from torrent. If you really care about artists, would you agree if Spotify raises their subscription fee to 20$ and they pay that extra 10$ to artists? Do you know that Spotify still does not make profit and pays 70% of its revenue to record labels? Those record labels pay artists not Spotify so you should ask them why they don't pay artists more. When do people get some common sense for god sake?!
@MP-bm3bf
@MP-bm3bf Жыл бұрын
The music industry was going down hill, but Spotify pushed it off a cliff. Pay artists more.
@resonatingspirit
@resonatingspirit Жыл бұрын
Yes pay artist what they are worth
@FSDD88
@FSDD88 Жыл бұрын
Agreed. That man is a terrible person. Just go back and listen to the things he’s said publicly about musicians. Musicians are not slaves. They’re creatives and in order for them to continue to create they need to be paid for their work. Not be paid less for increased streams of their music
@GGTanguera
@GGTanguera Жыл бұрын
It's a free market.
@paulb3491
@paulb3491 Жыл бұрын
Music is about the listener not the artist
@FSDD88
@FSDD88 Жыл бұрын
@@paulb3491 say that back to yourself again… slowly… if a tree falls down in a forest and there’s no one around, does it make a sound? if there’s no music there’s no listener
@TheLeboo
@TheLeboo Жыл бұрын
He's very grounded, very aware of his environment. I love that he gets that people's journeys are different, there's no one right way❤
@pranalibhoyar8527
@pranalibhoyar8527 Жыл бұрын
I really appreciate how he is expressing exactly how introvert feels. " "I can switch into my introverted mood whenever I want, or I don't belong to that group". Ohhh dumb true!!!
@okinawa1312
@okinawa1312 Жыл бұрын
But introverts can't simply switch into this or that mood. They are just introverts. Most of the time. And on a good day they are just a little less introvert. But here is no switching. He is just fishing for compliments and our sympathy.
@user-sr5kj6ej9z
@user-sr5kj6ej9z Жыл бұрын
I think the CEO is quite humble bc he's probably super smart. But like.. I really appreciate that he has a really optimistic outlook on life.
@dunking4chips
@dunking4chips Жыл бұрын
Sportify has killed the music industry artists, because this guy wanted to be a multi-billionaire taking from them... what a guy, probably was his caring mom... Another great Podcast Steve.
@Basketballforlife7-c9x
@Basketballforlife7-c9x Жыл бұрын
Great Guest, very down to earth. Love the story and you are very great to extract addition information.
@samuelrolandmends
@samuelrolandmends 7 ай бұрын
#1 Top Fan from Sierra Leone 🇸🇱
@taharslama5604
@taharslama5604 Жыл бұрын
Thanks a million for this episode! Can't describe how much it helped me figure out a lotta of stuff
@tereraijaravaza8091
@tereraijaravaza8091 Жыл бұрын
lm two months away to launch my two year old venture. l feel anxious and depressed and this convo just gave me hope
@meerghalib320
@meerghalib320 Жыл бұрын
This episode was truly refreshing. i identify a bit with being an introvert with add traits myself. have always had more than one area of interest in my life art ,graphic design, brand management, copywriting, client management, psychology, fashion. i feil to be really good at many things, but not great at one. I worked with start-ups helping to build brands, but never thought i could be an entrepreneur myself as i saw this diversity in skills as a weakness more than a strength. i also always thought that work should be hard. so maybe it's time to address those harsh believes. I relate to this guy soo well. introvert by nature that can turn it on. Avoided uni and went into startups in foreign countries early on. i have changed jobs soo much and gained a broad understanding of business, admin, sales, marketing, so on as well as multiple countries, cultures, etc. I am 30 and probably should start my own business
@ta_shi__nam_gyal
@ta_shi__nam_gyal Жыл бұрын
Kehte Hain humko pyaar se INDIA Wale 🇮🇳❤ Thanks to the DOAC team for every single great Podcast 👍
@SearchingforSage
@SearchingforSage 9 ай бұрын
I relate to so much in this video. I fully agree and support what Daniel says about the importance of the workplace culture. Thank you for sharing these really interesting points and wisdom!
@authenticmust4306
@authenticmust4306 Жыл бұрын
The mother was in touch with the true education that is actually needed for life.
@davidroikit8121
@davidroikit8121 Ай бұрын
Amazing all the praise for this guy. I hope none of you like music because he has literally killed the music industry.
@SA-limer
@SA-limer Жыл бұрын
Spotify et al have destroyed the music industry, but hey, yay for another billionaire, lets celebrate him while the people that actually make the music get a pittance 😔
@allbies
@allbies Жыл бұрын
The music industry was always a joke, multiple record labels paying their artists small fractions and they still operate this way.
@SA-limer
@SA-limer Жыл бұрын
@@allbies yeah you’re right, but the streaming platforms could have actually revolutionised that but instead they decided to follow the same model - i don’t think these people are to be applauded, they had a chance to make a difference, they chose to suit themselves instead.
@allbies
@allbies Жыл бұрын
Agree but they also don't deserve any more criticism than record labels get, and I see much more people bashing Spotify instead of the way the industry operates as a whole. People act and say things like 'Spotify ruined the music industry', with an ignorance to how the music industry had operated for decades before Spotify ever existed.@@SA-limer
@danielbentley7117
@danielbentley7117 Жыл бұрын
@@allbies The difference is that record labels actually paid pretty well and a lot of artists were able to live very comfortably from their album advances and many became millionaires from their cut of CD sales. Spotify revenue for the vast majority of artists won't even pay for their weekly grocery shopping.
@SA-limer
@SA-limer Жыл бұрын
@@danielbentley7117 exactly! And also record labels actually had skin in the game to promote their artists. Spotify does nothing and pays $0.004 per stream. So a million streams pays an artist about $3,500… whereas if they sold even half of that in albums they would be pretty well off!
@ReinerRaphael-em1gk
@ReinerRaphael-em1gk 9 ай бұрын
The way you create the intros is extraordinary
@richardogujawa-oldaccount1336
@richardogujawa-oldaccount1336 Жыл бұрын
Completely changed the way I think about running my business, thank you!
@orashpali861
@orashpali861 Жыл бұрын
thank you for making these podcasts Steven
@RossyDourado
@RossyDourado Жыл бұрын
Why did folks at Spotify, make the repeat 🔁 song option premium?
@kamogelomsekoaila2681
@kamogelomsekoaila2681 Жыл бұрын
Been waiting for this one for a long time
@nelisiwekhumalo9449
@nelisiwekhumalo9449 Жыл бұрын
Thank you for this podcast. Truly resonating with what most people experience. We are constantly chasing the elusive ultimate destination which does not exist. Trying to find a more meaningful purpose is all part of the journey of life. We are evolving beings it’s only natural to have this constant pursuit. Enjoy the journey.
@marilinpuig8562
@marilinpuig8562 Жыл бұрын
What a wonderful mother he has! You always have such interesting guests.
@martinofitzzz
@martinofitzzz 8 ай бұрын
Thank you for your commitment to adding value to the world
@nafisanajeem1706
@nafisanajeem1706 Жыл бұрын
Thank you so much for your efforts!!!Could you please bring people who could honestly and genuinely talk about Amazon and if it’s a good business model at all? Because so many young people want to start that business and also so many contradictory contents out there and feels like no one is telling the truth. I would really appreciate that
@MyJamesthomas
@MyJamesthomas Жыл бұрын
Imagine if he payed the artists? ..... instead of having 1 multi billionaire and millions of struggling, penniless music creators. What an idea THAT would be.
@d-zone
@d-zone Жыл бұрын
100%
@gregorypeterson9
@gregorypeterson9 Жыл бұрын
WOW.....
@JL-qf3hq
@JL-qf3hq Жыл бұрын
You could pay a million creators $1000 each so they will all be $1000 richer and he would be broke. Is that meaningful?
@MyJamesthomas
@MyJamesthomas Жыл бұрын
Ha! That's not how this works. You have to remember that the content is owned by the artist, and not him. The screenwriters problem at the moment in the US is based on the similar problem. Ten years ago a musician could sell a few CDs and make a living, but these days have to be streamed several million times each and every month to make minimum wage. But hey, it's the future. Everything will be free on subscription in the future.@@JL-qf3hq
@millyelizabeth7170
@millyelizabeth7170 Жыл бұрын
@@JL-qf3hqliterally! People with the negative comments have no idea what business is 😂😭
@delscott480
@delscott480 Жыл бұрын
Has Spotify started paying the artists a proper amount yet?
@Jeff-312
@Jeff-312 Жыл бұрын
Not even close unfortunately.
@topofthemornintoya
@topofthemornintoya Жыл бұрын
lol
@hearmenow909
@hearmenow909 10 ай бұрын
No, that's why this guy is worth billions.
@mechanical_poet7673
@mechanical_poet7673 10 ай бұрын
Isn't it the record labels like Sony Music, Universal Music and Warner Music that are screwing the artists over? They are the ones getting the lion's share from streaming revenues and paying pennies to the artists. I think Spotify has always been losing money since its inception.
@allen_the_king40848
@allen_the_king40848 10 ай бұрын
@@hearmenow909Said billionaire is the same guy that says he “still feels inadequate every day”. Welcome to your artists’ world then. If you are a small artist, it takes over 330 streams just for you to even make $0.01. CEOs like Ek are spoiled brats who are used to getting everything they want.
@joshuagraham6731
@joshuagraham6731 Жыл бұрын
I hit the follow button at 20:33. Where you asked we subscribe. Great content!
@solaceinthesky
@solaceinthesky Жыл бұрын
I adore this podcast and think Steven is such an incredible person. However this one I cannot even watch. To see how disgustingly rich this person is when music artists like myself get literally pence per year is devastating. Bandcamp is the only platform with a full conscience. Looking through the chapters I can see that this issue hasn’t been discussed so I can’t watch it, it’s too depressing. I’m so encouraged to see others in the comments bring this up too. And to the person who thinks it’s ‘progress’- maybe it is for the consumer, my goodness of course Spotify is INCREDIBLE for the music loving consumer! But for the people who are making the actual music it’s absolutely immoral. Would you expect suppliers of food, clothing, tech, to get pence per year? It’s the ONLY industry where this is allowed to happen and yet music is of SUCH importance to all. If you think it’s not then look back to things that helped you cope through the pandemic. I’m sure music and the arts is one of them. I don’t usually comment on these public platforms but wanted to add my voice to those who also found this in poor taste (making billions by exploiting the work of others whilst the cost of living continues to rise!). Hope the next DOAC is more morally conscious. Love the podcast. Peace and love y’all, have a great day.
@Sunsun12279
@Sunsun12279 Жыл бұрын
Grow up. No one owes you anything. Take responsibility for our own life and stop moping around because someone has more money than you. I get it, it’s unfair. But why you projecting onto someone who is successful. Get a grip
@JeremyBoxerman
@JeremyBoxerman Жыл бұрын
With you on this one as well. Love the podcast and have been keeping up to date with the releases, but seeing the title, I was hesitant to listen to this one. Hearing he "saved the music industry" in the first minute felt like a big slap in the face.
@IsabelleMN11
@IsabelleMN11 Жыл бұрын
This is precisely my gripe with a lot of these interviews. Great if you only care about wealth accumulation, depressing I'd you care about impact
@PianoDanny
@PianoDanny Жыл бұрын
Here here…!
@d-zone
@d-zone Жыл бұрын
I'm with you 100% This person made 4 billion yet pays £2000 for 1,000,000 streams of which at best, an artist gets 40% of.
@zanderjourney
@zanderjourney Жыл бұрын
You should start your podcasts like Chris Williams pods. No intro. I love diving into it right away
@ThisSideOfTheDoor
@ThisSideOfTheDoor 4 ай бұрын
1:19. Entrepreneurship: 13:10. Joining startups: 17:21
@TheDomainNameGuy
@TheDomainNameGuy Жыл бұрын
I don't use Apple or Spotify but great interview The reason why so many people no longer subscribe to youtube channels is because the youtube algorithm wants you to watch youtube videos which contains ads so it puts your videos in their youtube timeline and as soon as a person clicks on one of your videos that they like they click on your videos on your profile and binge watch your videos etc without subscribing etc or type your youtube channel brand in to KZbin search and binge watch your videos that way but suffice to say your youtube channel audience is much bigger than the amount of subscribers you have
@murdiyonoyosep9282
@murdiyonoyosep9282 Жыл бұрын
This man just like a manual book of entrepreneur... I love the way he explain things🏆
@HeshamMuffini
@HeshamMuffini 6 ай бұрын
If you ever listen to anything while reading comments, let it be this- go read the book 25 Money Secrets From Donald Trump, then come back and thank me
@andreasnorberg3917
@andreasnorberg3917 6 ай бұрын
Scam
@deepmystic6739
@deepmystic6739 5 ай бұрын
Scam
@prawnk1ng
@prawnk1ng Жыл бұрын
I remember was Spotify was shown on Channel 5's Gadget show when it was in a very early stage. It was more like an alternative to Napster and no one could predict what was to come.
@Danny.Hyde2022
@Danny.Hyde2022 Жыл бұрын
Scandinavians, speak amazingly in the second language of English. Great podcast.
@neelbhula5467
@neelbhula5467 Жыл бұрын
Great podcast episode. Plugging ads in the middle of the interview definitely kills the entire vibe though. Sucks for people who have to sit through this spam when we already pay for KZbin premium and Spotify 😩
@Hansoo777
@Hansoo777 Жыл бұрын
What about paying the artists instead of pocketing all the money?
@d-zone
@d-zone Жыл бұрын
It's amazing how most people don't know how they treat independent record labels and their artists.
@gregorypeterson9
@gregorypeterson9 Жыл бұрын
Great ideal!! how about paying all the black artist that record label's copied and stole from for decades while there at it!
@dinaandriushchenko2389
@dinaandriushchenko2389 11 ай бұрын
Yeah right, because artists are just so poor🌚
@ocmonmaaan127
@ocmonmaaan127 8 ай бұрын
@@dinaandriushchenko2389 If you think artists are getting most money from streaming you need to do research.
@AndreaBioko
@AndreaBioko Жыл бұрын
16:00 spot on! Not everyone learn the same way.
@soscreativity
@soscreativity 10 ай бұрын
Fascinating tale! Eager to delve into the journey of the Spotify founder, illustrating how determination and vision can transform a young introvert into the architect of a $31 billion empire. Ready to glean insights and motivation from their remarkable story!
@celeniavos1667
@celeniavos1667 7 ай бұрын
U re not an artist thats why you say that! interesting to steal … from the whole entire world !
@toml2951
@toml2951 Жыл бұрын
Liked before even watching! Daniel Ek is the guy!
@cloverg7
@cloverg7 Жыл бұрын
spotify over apple music all day
@robertdenboer1
@robertdenboer1 Жыл бұрын
I'm considering quitting Spotify for the first time since it was avialeble 10 years ago and my friends feel the same way. The app used to be fantastic for search and discover but now it's broken with full screen videoprevieuws of songs I don't want. I can't easyly get out of my listening circle anymore. I don't know anyone who thinks the app improved the last few years
@jonA9411
@jonA9411 Жыл бұрын
​@@reaInamehiddenBut Spotify has no slaves in the far East. That also counts for something
@MadLicha
@MadLicha Жыл бұрын
KZbin music trumps them all
@barrysmith7896
@barrysmith7896 Жыл бұрын
Neither
@nataliahellen6509
@nataliahellen6509 Жыл бұрын
I switched 4 Rogan 😂 I work w such horrible bosses that his advice for prosperity is ‘working with great people’ made me chuckle 🤭
@zikiplus
@zikiplus Жыл бұрын
I really resonated with so much that is being shared, thank you for sharing. Probably the best first hand experience of how getting financial success doesn't mean happiness. Really makes one think about what is important and what brings true happiness. From another introvert!
@GrayRicky
@GrayRicky 9 күн бұрын
This worked perfectly. Thank you so much! 🙏
@Char-UK
@Char-UK Жыл бұрын
This was such an engaging yet real and relaxed conversation to listen to. I very much enjoyed it
@BOOMOPERAMUSIC
@BOOMOPERAMUSIC 6 ай бұрын
$31 billion business, yet artists cant make a living from this platform. We thank you Daniel Ek for saving the music industry.
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