OMG I wish I found this a year ago!
Today I found this video by Joomla London YouTube Channel and it totally cleared up the workflow in a few minutes. It was published in 2016 so I'm not sure how current it is to the lates Easyblog versions but it all looks familiar.
I've had a subscritption to Stacked Ideas Easyblog Joomla component for a couple of years now and I do like it.
I don't love it.