Erick Goss discusses MINNO, a kid-focused, faith-based alternative to popular streaming platforms.
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- Well as the father of three girls,
Erick Goss was faced with the challenge
of finding programming suitable for them.
So he decided to do something about it,
and here's the result.
- [Man] Erick Goss isthe co-founder and CEO
of Minno, a children'sbased digital media company.
As a former Amazon executive,
and now the father of three girls,
Erick understands how challenging it is
for Christian parents to find programming
that reflects their family values.
Minno was created to help fill that void.
Featuring shows like "Superbook,"
"Veggie Tales," "Owlegories,"
and more, Minno providessafe, value-based choices
for the entire family.
The blog Minno Life
provides resources andcommunity for parents,
while the publishing division Minno kids
features books like Phil Vishcher's
"The Laugh And Learn Bible for Kids."
- Well please welcome to "The 700 Club,"
Erick, it's great to have you.
Great what you're doing.
- Gordon, thank you.
- How does an Amazonexecutive turn to this?
What was the motivation?
- Well, I think,
so I left Amazon really 'cause I felt like
the Lord had put a desire on my heart
to really try to build an organization
that would reflect his kingdom.
I loved working at Amazon,
and the high standardsof excellence they had,
but I found
I wasn't able to do what I wanted to do
as a leaders, as a managerfrom a Christian point of view.
And so went to a small company
and had the opportunityto form a media company.
And in the middle of thatactually started working with
Phil Vischer who created "Veggie Tales,"
and in the process of working with him
on a series called "Buck DenverAsked What's in the Bible,"
just recognized that there was a huge need
for Christian parents to be able to
have access to programming,
and not just for parents tohave access to programming,
but for creatives who really
cared about Christian programming,
to have a platform tobe able to deliver that.
Because it was sodifficult when you look at
the history of children's media,
Christian retail played such a major role
in kind of launching products
and creating a modelthat allowed creatives
to be able to bring products to market.
With Christian retialno longer really vital,
there needed to be sort
of a new way to get thoseproperties to market.
But then really also for a place where
parents could discover programming
'cause there's a lot
of great programming that's produced,
but most parents don't know it exists.
- Right.
It's both an information problem,
as well as a funding problem.
So let's look at thefunding problem first,
'cause I think the demiseof Christian retail
has been the rise of the internet
and streaming and those things,
but that creates a business model problem.
How are you solving that problem?
- Yeah, so when we thoughtabout launching Minno
it was really thinking through
okay how could we create a financial model
and scale it because when you think
about digital models,
the best digital models arethe models that grow to scale.
And so we thought probably the best way
to move forward is probablya subscription model.
And so we've got a prescription model.
Today we charge $6.99 a moth
or $69 a year for a subscription.
But the idea is to grow that in such a way
that we can actually builda big enough audience
that there's enoughfinancial value created
that we can actuallyinvest in new programming,
and then ensure the producers
who created programming get paid
for their shows a fair wage.
Because I think so many people today
who care about developing programming
for Christian kids recognize that okay
if I go do that,
I don't know that it'll putmy kids through college,
I don't know if I'll beable to pay a mortgage.
And so we really wantedto create a situation
where we can create an economy
around Christian children's programming.
- Okay.
How are you dealing with awareness?
'Cause there's lots ofgood content available,
but most people seem tobe blissfully unaware
that it's there.
- Yeah, it's really challenging
'cause in one sense theInternet's been great
because we have access to more information
and more resources,
but the reality is there'sreally a couple platforms
that we spend most of our time on.
And those platforms aren't necessarily,
their number one priorityisn't necessarily
getting Christian programming out in front
of Christian parents.
And so it's a battle.
It takes heavy investmentfrom a marketing standpoint.
But things are going well.
So we're growing tripledigits year over year,
and we're seeing tensof thousand subscribers.
And so we're really optimistic.
We have subscribers in over 40 countries,
which we weren't expecting that.
- [Gordon] That's phenomenal.
- Yeah.
So, but there's a huge need.
The key issue is can wecontinue to lean into it
because it's just not easy.
But, we've got a great team,
very experienced,
and we're trying to leverage everything
I learned at Amazon,
and what does it mean to bring that
and deploy it on behalf of the church?
- Okay.
What's your break even point?
When do you declare it's successful,
we're making it, it's going to last?
- Yeah so I think, I think it's early days
so my former employer, Amazon, Jeff Bezos,
always told us it was day one.
And I felt like it was day one
for five to six to seven to 10 years.
- [Gordon] Well he says that today.
- He says that today.
- Still says day one.
- And I would say we're in day one.
I mean the one thing that,
well the name Minno comes from
the Greek word (foreign language),
which means to abide in Christ.
And I've had a lot of sort
of ups and downs since leaving Amazon,
and the one thing I've learned is success
is what the Lord calls success.
And so we want to be obedient.
We want to be faithful
and build the companythat he wants us to build.
Sustainability is a big part of that.
But it's also an issue
of what does the investmentin content look like?
And so there's one senseof can we be profitable?
Can be build a sustainable business?
I absolutely believe that we can.
The key question is howfast does that happen
based on the investment in content?
And so we just launched,
we're just now beginningto look at investments
in original programming
and what we can do tocome alongside producers
to help them bring theirproperties to market.
And so I think we justtake one day at a time.
But do I believe the model can work?
I absolutely believe the model can work.
Key issue is the timing of that
and when do we want it to play out?
- Okay for people thatwant it for their kids
or their grandkids, where do they go?
- So they can go to gominno.com,
that's g-o-m-i-n-n-o.com,
or they can go to the app stores
on Apple, Amazon or Google,
and look for Minno Kids.
We also set up gominno.com/cbn,
where you can type in CBN as a promo code
and get 15% off gift cards.
- [Gordon] All right.