At a conference, one person will pay $20,000 to get on stage and speak. Another person doing the same thing will get paid $20,000.
What does the second person have that the first person doesn’t?
There are at least three things:
- A reputation for being a reliable speaker who can energize audiences
- A personal brand that will potentially draw people to the conference
- A body of work (e.g., some combo of a hit book, a popular framework, a consistent podcast, etc.) that will resonate with audiences
In other words, the organizers of the conference recognize the second person as a leading thinker. The leading thinker is paid to play. The first person is a sponsor, paying to play.