
The Speaking Industry is Not Dead
Saturday - July 15, 2006“We make a living by what we get, but we make a life by what we give.“- Norman MacEwan
You’ve probably heard that Warren Buffett contributed $30 billion to the Bill and Melissa Gates Foundation and that Bill Gates stepped down from his fulltime Microsoft duties to focus more on his foundation work. The Buffett gift makes the Gates Foundation the largest foundation in the world. By comparison, the Ford Foundation is $11 billion, the Lilly Foundation is $8 and the Andrew W. Mellon Foundation is $5.5. The Gates Foundation will now have 60 billion dollars to carry on its good work.
What was it that made these two men shift their focus from making money to giving it away? This got us thinking about the current state of the meetings and speaking industry, which is often reported to be in danger of extinction. When we joined NSA a little over a year ago, we thought we were joining a vibrant, growing association in a vibrant, growing industry of meetings and conventions. But, at our very first meeting we learned that since 2001 companies and associations have been cutting back on their meetings and conventions – and that meant speakers were more challenged than ever to get a speaking gig. We even learned that if you want to “hit the road” to speak from the front of the room, you’ll probably need to head off to Singapore, Japan or other foreign posts. Speakers, we quickly found out, just weren’t speaking that much anymore.
But, not to worry, speakers were fighting back against these reduced opportunities. Never fear, they said, the solution to all of this is in “product.” To us it sounded like Mr. Robinson telling Dustin Hoffman in The Graduate that the future is in “plastics.”
Many of the speakers who visited our Colorado NSA chapter this past year taught us that product helps create the new holy grail of the speaker’s world – the “passive income stream.” Why hit the road and hassle with airplane delays and bad service when you can sit in the comfort of your mountain cabin and write stuff, record stuff and even video tape yourself doing stuff? We even learned that we’d reach more people with our message by creating “product.” Yes, Mr. Robinson.
But is “product” really what the world needs from speakers? Hmmm…. Let’s take a look at the world we’re working in these days. The rural fabric of America is being devastated by methamphetamines; 2 million grandparents are now raising 4.5 million grandchildren; and 35% of downloads from the Internet are pornography. Corporations are regularly eliminating employee pensions while retaining the mega-pensions of their top executives and the religions of the world are facing a rift that makes the word “ecumenical” look like fond relic from the past. And you don’t think you are needed out there?!
More than any time in history our world is in need of the passion, inspiration and commitment from those who speak at the front of the room. And, it is this world that begs for more, not less, meetings and conventions so people can come together to learn.
No one asked us and we have no special qualifications to make these observations. We are new to the speaking world and may be off-base in our conclusions or out-of-line for offering them. For what it’s worth, we often see speakers who are still doing self-esteem for the successful, meditation for the moneyed and inspiration for the in-crowd. How deeply, we wonder, can we stare into our collective belly-buttons, align our well healed chakras and meditate more meaningfully on our pocketbooks.
Too many speakers are complicit in the demise of their own industry by sinking into the morass of sales hype and passive income and continuing to try to get hired by an ever disappearing group of wealthy patrons. If I’ve heard one, I’ve heard twenty speakers say that they hate the world of overcrowded airplanes, hotel hysteria and meeting planner goof-ups. No, they tell the impressionable new speaker – instead of going out and speaking, just develop passive income and sit on your island and rake in the money.
The meeting and speaking industry is neither dead nor dying. But it is being suffocated by those who buy into the idea that that a tele-seminar is as effective as a gathering, that sitting in front of a screen is as good as mingling with others, that podcasts can touch people’s hearts the way a speaker can touch a congregation.
It’s time for speakers to leave the passive income behind, get back on those crowded airplanes and find new audiences. It’s time for speakers to go out and speak and work with people in the flesh. We gather together in groups to learn and grow. We share and hug and compare and laugh – enhancing our learning in a way that technology just can’t match. We gather together in groups to learn. It’s what we need now. It’s what we’re good at. We should do more of it, not less.





While the internet is a powerful communication tool
(and so much more), you’re right that there is no
substitute for personal contact. I’ve spent thousands
of hours online in the last decade but the few live
meetings I have been to definitely stand out.
On the other hand, your call for speakers to leave
their passive incomes behind wont happen.
So why not both, eh? Old fashioned people to people
contact plus passive income streams. Ah, the best of
both worlds.
Great article, thought provoking, made me think. Of course there’s at least one more option. We don’t have to sit around and wait for people to invite us to speak. We can make calls and sell ourselves, we can book our own event at any location in any city, promote the event ourselves and not only keep the gate (hope to break even) but shamelessly self-promote and reap the benefits of the back-end. We can even use the internet (email, webinars, blogs, leneses, PRWeb, LinkedIn, etc.) to promote the events ourselves. After all, don’t we get involved promoting our appearances? What I’m suggesting is that we have a much greater say as to how often we speak, how far we must travel and how much we must earn. Let’s just go sell something!
I have found that there is a resurgence in interest among the public when it comes to speaking and speaking for profit.
Toast Masters has played a large part in this field with all their groups around the country.
The internet may be encroaching or it may just be a new venue for speakers to reach out farther than ever before.
A great speach is great whether seen in person or heard over a comlink.
The Gettysburg address is great even just in written form.
Thought provoking!
[...] our own blog article, The Speaking Industry is Not Dead, we noted that there are too many folks who “buy into the idea that that a tele-seminar is as [...]
The online sales of training and speeches is certainly a growing market. However most of the top sellers are merely live footage of a live real World event.
So I understand your concerns but I think the market itself with provide the desire within speakers to do more new live events that they can tape and record for later sales.
It is all a matter of supplementing your income. Sure you can more and so do your attendees from a live event. But only so many can get involved so allowing tapped copies makes the information you have to share available to a whole host of people that can not train with you in person.
I teach Martial Arts and also do some speaking on Success and Business. I find that I can earn 2-3 times as much from a blended approach. Some live some tapes from the live event.
It offers your customers more and you more as a speaker or trainer.
It is all a matter of supplementing your income. Sure you can benefit more and so do your attendees from a live event. —- Thats what I meant…I am a better speaker than a writer…
It’s time for us to wizen up to this. Technology is great, but only to a point. No matter what inovation occurs in the future, we’ll always benefit from actual human presence more than a computer.
I disgaree, I think one day the world will be taken over by computers and we will be wiped out just like the dinosaurs! haha!!!
I agree with Lee, there’s nothing like listening to a bright, interesting and thought provoking speaker.
At church, a sermon is more readily received if its delivered by an eloquent speaker.
Bill Gates, has lots of money and the good thing he shares alot of it to good causes. Top Bloke.
[...] year after the Orlando meeting we wrote an article titled “The Speaking Industry is Not Dead,” which concluded this way: “It’s time for speakers to leave the passive [...]
[...] continually bombarded with the idea (as we have written before in The Speaking Industry is Not Dead), “that a tele-seminar is as effective as a gathering, that sitting in front of a screen is [...]