Podcasting
Another way to make money online is to host an online podcast. I have the Good Financial Cents podcast to accompany my blog, and I use this platform to find new sponsors and advertisers all the time.
I still remember getting my first sponsor on the podcast and finding out they were willing to pay $ 8,000 for me to include a short clip at the start of each podcast for 90 days. It was incredibly exciting for me at the time, as I wasn't sure I could monetize my podcast as much at first.
However, there are tons of people who do a lot more than I do on their podcasts. Take the Entrepreneur On Fire podcast hosted by John Lee Dumas. According to the latest report on the show's revenues, this podcast reported net income of more than $ 400,000 in March 2018. Now it's crazy.
The key to advancing podcasting is to find your niche, grow your audience, and then find ways to monetize and connect with sponsors. It is not the easiest way to make money online, as there is a lot of logistics to write, record and edit a podcast, but it is worth considering.
I still remember getting my first sponsor on the podcast and finding out they were willing to pay $ 8,000 for me to include a short clip at the start of each podcast for 90 days. It was incredibly exciting for me at the time, as I wasn't sure I could monetize my podcast as much at first.
However, there are tons of people who do a lot more than I do on their podcasts. Take the Entrepreneur On Fire podcast hosted by John Lee Dumas. According to the latest report on the show's revenues, this podcast reported net income of more than $ 400,000 in March 2018. Now it's crazy.
The key to advancing podcasting is to find your niche, grow your audience, and then find ways to monetize and connect with sponsors. It is not the easiest way to make money online, as there is a lot of logistics to write, record and edit a podcast, but it is worth considering.
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