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 👇🏾
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
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!
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.
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
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.
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.
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.
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.
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.
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!
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.
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.
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.
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.
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
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.
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.
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!
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! ❤
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 😊❤
“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.
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.
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. 🙏❤
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!
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".
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.
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.
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.
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.
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
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.
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
@@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
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.
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
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.
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 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.
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
@@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.
@@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!
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.
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.
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.
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.
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
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
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.
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!!!!
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
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 UA-cam 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
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.
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
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. ❤
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 ?
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.
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.
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
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.
@@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.
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.
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!
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!!!
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.
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 UA-cam premium and Spotify 😩
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
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
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?
@@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.
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.
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?!
people say "spotify saved music". I mean yeah there were piracy trend but more people were still buying music. actually piracy is still going on. the problem is spotify and music streaming services made those people (who were buying music) stop buying music with spotify and music streaming services. that's very little compared to cd or digital album sales.
That guy didn’t improve the music business… he destroyed it… usually I like your interviews… but not one critical question about musician payments…why?
Everything is free now by Gillian Welch. Sums up what I think about this guy. He figured that artists are going to keep creating even if they don’t get paid. Heard Spotify, like Netflix, will go bankrupt if their current business model doesn’t change. Interested to see what happens.
Well AI music will become a huge thing too soon. Hobby creators will be able to use whichever voice they prefer and instead of learning fruity loops you just direct the AI.
@Steven. I love your podcasts and the way you interview - I totally respect that you want to dig into the person and the habits / behaviours / decisions that made the person / business who they are - however I’d like to mirror to you that it’s also key to ask some really hard questions even if they are uncomfortable . As a self proclaimed lover of music , surely the question about how Spotify pays / doesn’t pay musicians and payment / % splits should have been front and centre for all to understand / hear it from the man himself . I know licensing is complex and so perhaps would have shone some deeper light onto the issue - but as India Arie commented on your Instagram - you missed the elephant in the room…
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
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!
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.
Meet the Kenyan woman turning plastics into bricks "After taking that plastic waste, you can make roads. And if a kid can go to school and arrive on time through the roads I build, I'm happy." I just saw this news story above and though of DOAC please can we have more inspirational stories that don't involve billionaire's
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 👇🏾
❤
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
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!
did!
Dude you’re getting better and better
Future guess puffy Combes Quincy jones or Nxt. Level dr Dre 👍🏾
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.
Until he started investing 100 mill + in the military
His wealth has come from exploiting musicians and independent record companies. Hardly something to be proud of.
@@Fenton__Which military?
How it proves that? So your mom or any other didn’t succeed?
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
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.
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.
I am a extrovert introvert.. not joking.. anyone else here like that?
@@Stefanburakov That's the perfect way to describe myself. :)
@@Stefanburakovjup.
personality types dont exist
A better term for that is an ambivert.
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.
Wonderful profound insights to initiate in life game
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.
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.
Yes! What do we do next?
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!
This guy is one of the most genuine people I’ve ever seen. True to the audience and true to himself.
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.
You re out of your mind !
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 🎧🎶
Me too!
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.
@@felipeandino7263*Horrible take*
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.
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.
Godspeed on your business venture
YES GREAT EP - Hope you are succeeding, enjoying the journey to further knowledge- all the best
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
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.
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.
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!
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! ❤
Keep doing what you're doing Stephen! Your interviews are STELLAR! Thank you.
true!
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 😊❤
“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.
For an introvert to be this free still amazes me! Thank you.
yet he has no conscience when ripping off independent record labels and their artists.
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.
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. 🙏❤
❤
❤What a lovely surprise,@@sindypetronella 🥰
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!
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".
Just finished watching The Playlist, can't wait to see this one!
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.
This story is proof that quiet ambition can be just as powerful as loud hustle.
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.
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.
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.
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
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.
This video is so inspiring - it's amazing what an introvert can achieve with determination and a great idea!
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❤
The music industry was going down hill, but Spotify pushed it off a cliff. Pay artists more.
Yes pay artist what they are worth
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
It's a free market.
Music is about the listener not the artist
@@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
It's awesome to work on only projects you find fascinating. Not to be motivated only by money or hustling for survival
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.
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
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.
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
Here here…!
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.
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 😔
The music industry was always a joke, multiple record labels paying their artists small fractions and they still operate this way.
@@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.
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
@@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.
@@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!
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.
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.
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.
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.
100%
WOW.....
You could pay a million creators $1000 each so they will all be $1000 richer and he would be broke. Is that meaningful?
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
@@JL-qf3hqliterally! People with the negative comments have no idea what business is 😂😭
What an amazing story of Daniel and Spotify whooo!!
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
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.
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!!!!
This guy is putting out volume like crazy. Impressed by the effort man
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
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 UA-cam 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
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.
that was obvious all the time.
everybody knows this. Why is this thought-provoking?
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
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. ❤
You should start your podcasts like Chris Williams pods. No intro. I love diving into it right away
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 ?
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.
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.
lm two months away to launch my two year old venture. l feel anxious and depressed and this convo just gave me hope
Kehte Hain humko pyaar se INDIA Wale 🇮🇳❤
Thanks to the DOAC team for every single great Podcast 👍
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.
What a wonderful mother he has! You always have such interesting guests.
Awesome, what a great communicator Daniel Ek is!
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
As an introverted founder, this was so helpful! I’d like to connect with both of you
Has Spotify started paying the artists a proper amount yet?
Not even close unfortunately.
lol
No, that's why this guy is worth billions.
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.
@@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.
By far the best intros to podcasts
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?
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.
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!
Completely changed the way I think about running my business, thank you!
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!!!
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.
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 UA-cam premium and Spotify 😩
Very genuine answers from Daniel Ek! Really enjoyed and learnt something from this interview :)
1:19. Entrepreneurship: 13:10. Joining startups: 17:21
This man just like a manual book of entrepreneur... I love the way he explain things🏆
Great Guest, very down to earth. Love the story and you are very great to extract addition information.
Yes, culture is all pervasive… I did cultural anthropology in uni, and realised it is everything!
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
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
Scam
Scam
Thanks a million for this episode! Can't describe how much it helped me figure out a lotta of stuff
I love what Daniel Ek built. My only problem now is how unfairly compensated artist get from Spotify streams.
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?
@@Aeviaematter fact they must be thankful 🙂
@@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.
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.
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?!
people say "spotify saved music". I mean yeah there were piracy trend but more people were still buying music. actually piracy is still going on. the problem is spotify and music streaming services made those people (who were buying music) stop buying music with spotify and music streaming services. that's very little compared to cd or digital album sales.
What about paying the artists instead of pocketing all the money?
It's amazing how most people don't know how they treat independent record labels and their artists.
Great ideal!! how about paying all the black artist that record label's copied and stole from for decades while there at it!
Yeah right, because artists are just so poor🌚
@@dinaandriushchenko2389 If you think artists are getting most money from streaming you need to do research.
That guy didn’t improve the music business… he destroyed it… usually I like your interviews… but not one critical question about musician payments…why?
Buddy. If you’re going to bitch and complain, then go interview him yourself. You won’t, so quiet complaining.
Scandinavians, speak amazingly in the second language of English.
Great podcast.
Everything is free now by Gillian Welch. Sums up what I think about this guy. He figured that artists are going to keep creating even if they don’t get paid.
Heard Spotify, like Netflix, will go bankrupt if their current business model doesn’t change. Interested to see what happens.
Don't expect to see Gillian Welch's name in the comments here.
Well AI music will become a huge thing too soon. Hobby creators will be able to use whichever voice they prefer and instead of learning fruity loops you just direct the AI.
The mother was in touch with the true education that is actually needed for life.
@Steven. I love your podcasts and the way you interview - I totally respect that you want to dig into the person and the habits / behaviours / decisions that made the person / business who they are - however I’d like to mirror to you that it’s also key to ask some really hard questions even if they are uncomfortable . As a self proclaimed lover of music , surely the question about how Spotify pays / doesn’t pay musicians and payment / % splits should have been front and centre for all to understand / hear it from the man himself . I know licensing is complex and so perhaps would have shone some deeper light onto the issue - but as India Arie commented on your Instagram - you missed the elephant in the room…
1000%
Why did folks at Spotify, make the repeat 🔁 song option premium?
$31 billion business, yet artists cant make a living from this platform. We thank you Daniel Ek for saving the music industry.
Thank you for your commitment to adding value to the world
The way you create the intros is extraordinary
thank you for making these podcasts Steven
spotify over apple music all day
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
@@reaInamehiddenBut Spotify has no slaves in the far East. That also counts for something
UA-cam music trumps them all
Neither
I switched 4 Rogan 😂 I work w such horrible bosses that his advice for prosperity is ‘working with great people’ made me chuckle 🤭
#1 Top Fan from Sierra Leone 🇸🇱
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!
U re not an artist thats why you say that! interesting to steal … from the whole entire world !
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.
Would love to see an interview with Adriene Mishler.
Love your podcast, thank you
The moon is a light. No one can land on a light. Pretty amazing how successful people can be and still not know this.😮
This was such an engaging yet real and relaxed conversation to listen to. I very much enjoyed it
Meet the Kenyan woman turning plastics into bricks
"After taking that plastic waste, you can make roads. And if a kid can go to school and arrive on time through the roads I build, I'm happy."
I just saw this news story above and though of DOAC please can we have more inspirational stories that don't involve billionaire's
Liked before even watching! Daniel Ek is the guy!
People share one aspect alike, do share something else alike. I’m a shy introvert, and I want to build a company like a family, humble yet ambitious.