For today's entry in the Friday Five interview series, we catch up with Michael Hyatt.

Hyatt is the former chairman and CEO of Thomas Nelson Publishers. He maintains one of the most popular blogs in the blogosphere, named by Forbes Magazine as one of the Top 50 Social Media Influencers of 2013. He is a popular conference speaker.

His latest book, Platform, was a New York Times Bestseller.

Today we chat with Hyatt about the state of Christian publishing, platform building, and spiritual leadership.

You stepped down as CEO of Thomas Nelson two years ago and recently your former company merged with Zondervan. In your view, what is the future for the Christian publishing industry?

It depends on your role in the ecosystem. Christian retailers will be increasingly challenged. It's difficult to compete with the selection, convenience, and price of online retailers. I expect continued contraction in this part of the industry.

Christian publishers also face challenges. They are going to have to get ...