make Money
make money Become a Podcaster
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Become a Podcaster
Method Stats:
- Prerequisites: a computer or mobile device, tools and skills in audio recording and editing, great speaking and communication skills
- Best for: talkative and entertaining people
- Potential income: $1,400-$13,000/month
Starting a podcast is one of the most profitable online business ideas, with the number of global podcast listeners projected to reach around 500 million listeners by 2024.
A computer or mobile device with a built-in microphone is enough to start a podcast. However, we recommend investing in proper audio equipment and software to improve recording quality.
All you need is a topic to talk about and engaging communication skills. You can create a podcast on any topic, from financial tips to true crime.
After recording and editing the first few episodes, find a podcast hosting platform to publish them online. Some of the best ones are Buzzsprout, Resonate, and Anchor.
Most podcasts primarily make money from sponsorships. Once your podcast has attracted a following, consider signing up for production agencies like Podfly or Pacific Content to grow your brand, content quality, and audience reach.
Make sure to promote the podcast on social media and other platforms, like on your website. A podcast theme and an audio player can help boost the podcast’s brand identity and discoverability.
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