Introduction to earnings
While for many podcasting is a passion, how will you maintain this passion to make it sustainable and possibly income-generating?
If your podcast is part of your business, how can you use it to help fuel your business to create income as well as service to your community?
The first step is to create a budget sheet.
Include your expenses such as your podcasting host, software expenses, equipment (add an amount for electricity and space if you are being really detailed), outsourcing costs, and your time. How you value this is up to you.
Then add eight columns for income which include:
Sponsorship
Advertising
Affiliate income
Crowdfunding
Membership
Merchandise and resources
Speaking opportunities
Consulting and Coaching
Shall we take a more detailed look at each of these?