How to sell podcasts online
How to Make Money Podcasting In 2023 (For Beginners)
0:00 / 0:00
Timecodes:
in this video revealing how to make
money podcasting and how complete
beginners earning 100 a day to 700 a day
podcasting with no experience more than
after the intro
hey guys how's it going mike lucille
here welcome to this video before we
actually remind you that supple spots
will open up for this week's free
workshop sign up for it in the link
below we literally have a 62 year old
woman go from zero to 160 grand profit
in 90 days check it out below so i've
literally tried every single way to make
money online you know one of them you
see recommending other people's products
we went from zero to eight thousand
dollars in a single month in 30 days
right another one we went from zero to
five thousand dollars in a single month
in 30 days and we scaled that business
to 1.6 million dollars a year on um in
the first year and then another business
we literally uh went and created like a
digital real estate business where we
essentially create content and rent it
out to advertisers to go ahead and
advertise their business and we
literally pull in 35 to 46 thousand
dollars a month all of which are
literally included for example on this
blog that i'll just put in the links
below uh which is why you know one of
the things that i also wanted to do is i
was like you know what i want to try
podcasting i want to see if i can make
money on it you know i listen to the joe
rogan podcast and all these podcasts i
was like this is awesome i'm gonna go
ahead and try it and i just wanted to
see how can i actually make money from
podcasting right and we actually ended
up doing it right you could see some of
them actually blew up like this 11 year
old girl they turned on 30 million
dollars right and this guy that makes a
million dollars per month profit and
this is just like insane because you
know i started learning a lot about how
to do business but i also understood
that i could literally monetize all
these podcasts that we ended up doing
you know from all these entrepreneurs
that lived here in bali like you'd
literally see mike chang from six-pack
shortcuts remember him as well as like
wim hoff's brother right if you guys
like breath work
like we ended up interviewing you know
his brother that came over to like my
house it was like very interesting very
interesting people here in bali but
people are like well how did you make
money with it well what we ended up
doing is i just consolidated all those
ways that we made money and we literally
put it for example on this blog post
that i'll just include in the links
below and it is how to make money
podcasting 10 best ways to monetize your
podcast um now i want to talk about some
of the benefits before we actually get
started because you guys are
understanding this is a pretty
interesting opportunity number one
podcasts are growing you could see how
much it's growing literally year after
year right and another crazy thing about
podcasts is you own essentially the real
estate of people's minds that's
essentially what it is right like if you
literally look at where things are going
the people that could get the most
attention will make the most money now
that's why for example joe rogan gets
paid so much right i think i already
literally get paid like 50 million
dollars plus a year but he doesn't have
a huge team but he's literally in the
minds of millions of people he owns an
hour to two hours of real estate in
people's minds every single day
now when you own that much real estate
in people's minds you literally could
get paid whatever it is because in those
hours he could literally sell any
product that he wants right so that's
why he's becoming very very valuable
because he owns the tension in people's
mind people's attention are a form of
real estate that you could rent out to
other people or that you could own and
sell products yourself and that's why
he's become so valuable another one is
they're easy to consume you know like
people don't have time to watch videos
all the time but with a podcast you
could be cleaning you could be on your
car you could be driving you could be in
the airplane you could be kind of like
cooking and whatnot it's something that
you could do passively and because of
that you could literally own that part
of people's like i said mind at that
moment right another one is this cost
effective dude i literally got started
for free you know with anchor dot fm you
know what gary v approach it uh like
preach is about literally you can get
started for free and it's on spotify
it's on itunes and all these places
right and you could use your phone app
now you're probably wondering how much
money do podcasts make well i can tell
you this with my podcast my podcast was
literally responsible for generating six
figures in the first six months
directly because of the things that i
did with my podcast right like literally
directly some people make more you know
like joe rogan makes like way way way
way way more like i think like if i
scroll down over here you literally see
joe rogan says yeah look at this how joe
reagan makes 50 million a year with only
three employees just check out that blog
post literally it's insane you can make
little anywhere from like 50 grand to 50
million a year right so that's insane
but let's actually break down how to
actually go ahead and make money but
before let's talk about what niches are
the best and these are like the top 10
tech health fitness personal finance
news sports business self-improvement
motivational music politics if you could
literally find a way to go ahead and be
in any one of these positions i'm
telling you this right now
these 10 ways will work for your
business right so actually breakdown the
first one is affiliate marketing
now i freaking love affiliate marketing
because essentially what you're doing is
you're building the audience and then
once audiences build you ask them what
it is that they want and then you sell
them a product and you can see with
affiliate marketing we literally do
really well with it i mean one of the
first months we went from zero to eight
thousand dollars in 30 days that's no
product that's no background information
i don't have to go ahead and for example
do any shipping and handling it's all
passive right and i literally did this
on accident when i for example
interviewed uh this guy right this guy
and this girl ended up blowing up and a
lot of people started sliding in their
dms and they're like we want to buy a
product from you right this 11 year old
girl that turned on 30 million dollars
and this guy that makes a million
dollars for a profit we want to make we
want to buy something from you but they
had nothing to offer so they literally
went and sold something to that audience
but i essentially got like 50 of that
because i was the one that kind of like
catered them into putting it into like a
podcast format and like doing the
marketing they did the product delivery
and whatnot and that was an affiliate
agreement that i made with someone that
i interviewed on a podcast that was
literally an affiliate marketing
opportunity right now you don't actually
have to have someone that you're
interviewing for example going ahead and
you know doing the sales you can
literally go and find companies that i
literally include on the 77 passive
income ideas and make money while
sleeping in this complete guide and you
can literally get companies like for
example in clickbank to pay you a good
amount of that and that's how i went
from zero to eight thousand dollars a
month when i had no network and i had
for example no products that i could go
ahead and promote that's one way another
way that we go ahead and you could and
like i said clickbank is just one but
share sale is also another one and we
have a full tutorial just type in
microsteel share sale you'll find it on
youtube the second one is sponsorships
and advertising so when you become a
podcast one of the most important things
to do is find sponsors it can be
challenging but sponsors are willing to
sponsor you because of the fact that
like i said you own a piece of real
estate in the person's mind they want to
buy that real estate so that that person
can buy their product so they will
literally rent your real estate of your
content in terms to advertise to you can
see mid-roll is one or authentic where
you could actually go ahead and find
these sponsors i don't typically like
going forward to sponsors i like just
going straight for ads and running ads
and you can see from running ads on you
know my content we literally pull in 35
grand to 46 grand a month right so this
is something that's completely passive
because i'm not dealing with customer
returns shipping or handling um
advertisers rent space on my content to
go ahead and advertise their products
and i make good money on that right and
that's actually one of my more enjoyable
ways that i make money the top two ways
are literally for example adsense and um
you know advertising as well as like
affiliate marketing because you could
just focus on the content and outsource
everything else does that make sense
now the third one is courses now this is
something that i stopped doing because i
don't like running my own courses um
there's just too much back-end stuff and
and there's too much for example um
logistics and i have to also hire some
people to go and manage it um it's not
something that's set and forget maybe it
could be for like a couple months but
it's not something that could be like
for years especially like some of the
courses i was running was like facebook
ad courses and facebook ads change like
every single freaking month like the
interface changes all the time so i
literally stopped this but this is
really a good way especially if you sell
other people's courses does it make
sense um and this is something that's
like really interesting like when you
start a podcast like interview your
friends you know some of the people that
start podcast are literally like these
roommates that just talk about what they
were naturally talking about with their
roommates right and you could see that
they literally just talk about with
their roommates about you know you know
like their relationships health fitness
business
and if a concept blew up that would be
like their testing round to go ahead and
sell them a course they're essentially
launching a course to an audience that
already wants to buy so that's why it's
like extremely lucrative but you have to
first build the audience first the
fourth one is services now this is
something that i would recommend with a
grain of salt why because it's going to
take your time away like if you start
podcasting for example like facebook ad
management you get everyone to go ahead
and for example talk about facebook ads
on your podcast right
now it's gonna be great it's gonna be
fun you're gonna learn about all these
things when you get clients you then
also have to service those clients which
will literally take another part of your
brain which will also take energy away
from for example your main thing which
is podcasting so i would recommend this
with a grain of salt only do this if
you're literally going for like really
really high ticket monthly retainers um
but remember be careful for services you
can do drop servicing where you can
literally get them on as a service and
then hire someone from upwork to go
ahead and do the work for you like if
you're gonna get them for like a writing
service um you could charge 44 an hour
but make sure that you hire literally
people from the philippines to go ahead
and write for you for like less so maybe
like if you're charging 44 an hour a
little higher people to do it for you
for like 10
or 20 an hour does that make sense um
but that's just like another way
the
fifth way would be a coaching and
consulting um ah gotta forgot to go
ahead and highlight that now this is
similar to online courses except you're
doing one-on-one and making a lot of
money from it
literally a lot of people make a lot of
money from coaching here in bali like we
have people that are tantra coaches
people helping people with their
relationships intimacy many of them are
charging 5k
for four to six week transformations
right and many of them have very small
followings so it's very interesting to
see how people in bali monetize many of
them are just doing it from podcasting
in little facebook groups right so you
can see that that's a huge opportunity
another one is like crowdfunding and
donations now this would be something
that i wouldn't recommend because it's
not as sustainable and you're not
necessarily like offering you know any
product or service in exchange for it i
think tim ferriss did this uh with his
blog he turned off all advertisements
and sponsorships um to just accept
donations but i think he switched back
to sponsorships so that's something
that's also very interesting another one
is premium content now this is something
that like for example uh logan paul did
with his podcast he gets people into
like his membership area where he
literally gives them premium content to
go ahead and it's only like a private
only section people do this for example
for patreon
and um you know only fans and all these
things but these are like secret
interviews behind the scenes content as
well as early access right so that's
also really big events are huge you know
um you know we actually are giving away
tickets to one of our events for free
you could find out exactly how to
qualify by just joining for example our
free master class in the links below you
could see some of these you know events
are huge right and we charge like a lot
of money for this we're actually going
to give some away for free you'll find
out how when you qualify in the free
training below but events are actually a
good money because you literally give
people what they want and that's a sense
of community to be around like-minded
individuals you know the future of
marketing is actually in try building
and events are one of the best ways to
like get people together right and yes
you could charge like a lot like i said
you know you could charge thousands of
dollars to go to the events like i
literally
paid thousands of dollars to go to like
you know a tony robbins event a mind
valley event about meditation like i
said you find out how to go to one of
these events for free when you go ahead
and sign up for the free training below
um and you can see physical products now
this is what joe rogan did with his like
um his company what is it
on it right he literally partnered for
example with aubry marcus he managed all
of like for example the e-commerce and
physical products and he just did the
marking of it and i think they just sold
for like a nine figure exit so that's
pretty huge um the tenth one is books
you know this is literally what i do now
this isn't essentially the bread and
butter but this will give you authority
right if you want authority think about
the first word of authority is author
you need to be a book writer right and
that's really what i did i wrote a book
and just threw it on amazon not to make
sales but to just literally have the
byline author in my like tagline right
and that's just one way it's not the
best way but it can literally be your
foot in the door to network with other
podcasters if they're like oh you're a
author you wrote a book they will see
you in
terms of someone that's in authority and
they'll get you on their podcast and
that's one way that you could grow these
are just all the ways that you can make
money with podcasting if you want to
learn 77 other ways and you want to find
out how to go ahead and get to some of
these events um for free literally go
and check out the how to like the 77
legit password comedies make money
online literally in links below and if
you're new to this channel make sure to
check out my subs uh podcast of this 11
year old girl to turn on 30 million
dollars and this guy that makes a
million dollars from the profit check it
out right here right here hope this
helps love you guys see you guys
[Music]
you
