My Podcast Just Made Money!
Published on February 4, 2020
Published on Wealthy Affiliate — a platform for building real online businesses with modern training and AI.
So I started my podcast in January 2019.
And I only joined Wealthy Affiliate and started my website in September 2018!
I genuinely had no idea podcasts could actually make money when I started it (a bit like when I started a "blog" at the end of 2017... although it wasn't really a blog it was just me writing crap on a free wordpress site) am I allowed to write "crap"?... I've just done it twice now so I hope so!
Why Did I Start a Podcast?
The reason I started is kind of selfish to be honest...
I wanted to chat to some people that were making money online... but I didn't want to pay them hundreds of dollars for an hour of their time.
So I put on my big boy pants and pretended that I knew what I was doing and jumped so far out of my comfort zone that I couldn't even see it any more.
(yeah that's me with my very "fancy podcast studio"... #mybedroom)
What's the podcast about?
The first person I had a chat with had earnt $1 million in 5 years from random side hustles and had retired at age 30 living off index funds.
He had got bored after a couple of years of doing anything he wanted and decided to write a book called financial freedom (he was like actually retired not "work on an online business" retired)
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It was so cool to chat to him and pick his brains but it must ha
ve been so bad as a podcast!!Since then, I hope it's got better and I've chatted to:
- 2 guys who made $240k in their last month from affiliate marketing... their website is dollarsprout. com FYI
- A blogger who lives on a sailboat and makes over $1 million a year
- A couple that quit their jobs and went all in with a health and fitness blog to make $100k in one year (they now make $100k + a month)
- A couple that found a chair in the trash and "flipped" it into $500,000 in one year
- And more 6 figure online bussiness owners than I can count
Everyone on the podcast is "living life on their own terms".
They are all completely normal people who are living life outside of the "9 to 5" or who are working towards getting there (mainly making money online)
And I find out how they did it, their best tips, what their struggles were and what they would tell themselves if they could go back in time before they started this.
Reality
It may sound cool, and I have certainly learnt soooo much from this... but the reality is that this takes time to do and hasn't really provide any "direct" monetary reward.
In hindsight, it's probably not the best thing to do in your first 4 months of trying a whole new online business out.
But then the other day someone reached out to me and offered me some real money if I could give them a shout out. It was a legit company that fits in line with what Make Time Online is about, so it made sense and...
I'm an insant millionaire!
Well, not quite but it's better than a slap in the face.
I've never even thought about monetising the podcast to be honest but I know some people make serious money from them if they get a good sponsor to work with. Food for thought for the future I guess!
What I've learnt...
Money aside, the stuff I have learnt from doing the podcast is unreal.
Not just from speaking to people and getting the odd free course chucked at me, but it's made me realise how important this whole online journey is to connect with real people.
After all that's the whole point of any business... helping real people and connecting with real people.
Online businesses are no different.
Who is your online business helping?
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