Do you think you have what it takes to create the next big podcast and make it big? If so, you’re in good company. Believe it or not, there are now more than two million podcasts worldwide.
However, it isn’t as easy as you think to start a podcast and make money, so it pays to read a podcast guide before you begin to learn how to do things right. Keep reading to learn how to start a podcast and make money.
Discover Your Niche
The first and most crucial step of starting a podcast is discovering the niche you want to create a podcast. Think of your interests, hobbies, and profession. Do you have anything unique to say that can add value to other people?
You may think that creating a podcast in an area that you aren’t interested in will make more money, but the chances are good that it won’t work as well. People need to believe that you like and are good at what you talk about. The chances are good that people will see your lack of passion and knowledge of a subject and get turned off from listening to your content.
Find a Podcast Style
You’ll need to determine your style after figuring out your podcast topic. For most people, that’s deciding if you’ll handle the podcast yourself or bring on guests to interview.
If you do things yourself, you won’t have as much prep work to do. However, you’ll have more to handle if you want to bring on guests. You’ll need to network with other people to find guests and learn about them to ensure you have talking points for your show.
Look for Monetization Options
You want to make money with your podcast, so you need to ensure you have opportunities to do so before you start. Not all podcast topics will have many options to make money.
See if there are other podcasts in your niche and look at how they monetize their podcasts. Do they talk about sponsors during the show, or do they have affiliate links where they make money on every sale?
Learn How to Produce
There’s more to releasing a podcast than recording audio and uploading it to a podcast directory. People put a lot of work into production these days. If you don’t do the same, your podcast won’t sound good and will turn off potential listeners.
Whether you learn how to produce yourself or work with podcast companies, make sure every audio file you upload sounds excellent.
Now You Know How to Start a Podcast and Make Money
It may seem like starting a podcast is easy at first glance. However, it isn’t as easy as you think to create a money-making podcast. Now that you know more about how to start a podcast and make money, you have what you need to get started the right way.
However, there are still more things you need to learn about networking and growing an audience. Check out the blog to learn more about introducing your podcast to the world.