#002: How Much Does It Cost to Start a Podcast
03/11/24 • 24 min
5 Listeners
Like so many new podcasters, in the beginning I was relying on my most *trusted* mentors – Google and YouTube for all my advice on podcasting.
The funny thing is, today the first result when I Google “How much does it cost to start a podcast?” is a Forbes article that says starting a podcast could cost anywhere from $20 to $5,000?! That a huge range, and while it’s fairly accurate, that's probably not the answer you were hoping for.
My best advice is to remember it's okay to grow with your podcast and invest more as your audience and opportunities grow. Don't let the cost stop you from starting. After all, some of the most successful podcasts start with nothing but a great idea and a passion for sharing it!
In this episode:
(0:02) Exploring the varied costs and equipment for different types of podcasters.
(4:35) The critical step you should take before buying equipment.
(8:29) Equipment recommendations for beginners and professionals.
(14:48) Podcasting equipment and setup.
(16:00) How I almost ruined one of my biggest podcast opportunities by not having the right equipment.
(20:00) Podcast hosting, editing and virtual recording costs.
(23:12) What actually matters when you start podcasting.
If you enjoy the show and you want to help more business owners and podcasters make money with their podcast will you give me a 5-star review? It helps the show rankings and gives more listeners an opportunity to find the show. Thank you!
Links mentioned in this episode:
Start Your Podcast with Hosting from Transistor.FM
Ger Riverside.FM Virtual Recording Program
Total Podcast Setup Under $500
Complete Professional Podcast Setup $2,500
Follow Morgan on Instagram
Like so many new podcasters, in the beginning I was relying on my most *trusted* mentors – Google and YouTube for all my advice on podcasting.
The funny thing is, today the first result when I Google “How much does it cost to start a podcast?” is a Forbes article that says starting a podcast could cost anywhere from $20 to $5,000?! That a huge range, and while it’s fairly accurate, that's probably not the answer you were hoping for.
My best advice is to remember it's okay to grow with your podcast and invest more as your audience and opportunities grow. Don't let the cost stop you from starting. After all, some of the most successful podcasts start with nothing but a great idea and a passion for sharing it!
In this episode:
(0:02) Exploring the varied costs and equipment for different types of podcasters.
(4:35) The critical step you should take before buying equipment.
(8:29) Equipment recommendations for beginners and professionals.
(14:48) Podcasting equipment and setup.
(16:00) How I almost ruined one of my biggest podcast opportunities by not having the right equipment.
(20:00) Podcast hosting, editing and virtual recording costs.
(23:12) What actually matters when you start podcasting.
If you enjoy the show and you want to help more business owners and podcasters make money with their podcast will you give me a 5-star review? It helps the show rankings and gives more listeners an opportunity to find the show. Thank you!
Links mentioned in this episode:
Start Your Podcast with Hosting from Transistor.FM
Ger Riverside.FM Virtual Recording Program
Total Podcast Setup Under $500
Complete Professional Podcast Setup $2,500
Follow Morgan on Instagram
Previous Episode
#001: How to Make Money with Your Podcast
6 RecommendationsWhether you're trying to monetize directly via sponsorships or affiliate programs or indirectly by using your podcast as a part of your digital marketing strategy, every podcaster needs to know how they're going to turn their show into money.
If you're in the process of starting a podcast take this as your sign to make podcast monetization a part of your launch strategy. If you already have a podcast I hope this reminds you there's endless ways you can generate revenue with your podcast and you deserve to make money podcasting.
In this episode :
(0:00): Monetizing your podcast for business growth and success from the beginning.
(1:11): Properly using your podcast for your business strategy.
(5:08): Monetizing podcasts through direct sponsorships.
(9:18): Podcast advertising strategies and monetization options.
(14:32) Utilizing podcast analytics, guests, and content repurposing.
If you enjoy the show and you want to help more business owners and podcasters make money with their podcast will you give me a 5-star review? It helps the show rankings and gives more listeners an opportunity to find the show. Thank you!
Links in this episode:
Free Download: Pre-Interview Cheatsheet (10 Questions I Ask Every Guest!)
Podcast Rescourses: Equipment, Software and Everything You Need to StartBook a 1:1 Coaching Call with meShop my EXACT Podcast Setup
Read this Episode's Show Notes
Next Episode
#003: Who Will Listen to Your Podcast
4 RecommendationsSome podcasters obsess over it.
Some podcasters never give it a second thought.
This week we’re talking about one of the most vulnerable questions in podcasting - who’s going to listen to your podcast?
In this episode:
(0:54) How you can build listener trust from your first episode.
(1:48) These are the podcast ideas that make great podcast.
(3:11) Why podcasting is going to be your secret tool for digital marketing success.
(5:10) How you’re going to create a podcast with clear messaging that engages your audience and grows your business.
(7:00) What you can learn from your favorite podcast about your podcast.
If you enjoy the show and you want to help more business owners and podcasters make money with their podcast will you give me a 5-star review? It helps the show rankings and gives more listeners an opportunity to find the show. Thank you!
Links mentioned in this episode:
Start Your Podcast with Hosting from Transistor.FM
Get Your FREE Podcast Launch Checklist!
Episode Show Notes
Follow Morgan on Instagram
Podcasts for Profit with Morgan Franklin | Podcasting Strategy for Podcasters - #002: How Much Does It Cost to Start a Podcast
Transcript
How much does it cost to start a podcast? So before I really started working on my outline for this episode, I randomly Googled how much does it cost to start a podcast. And I thought the funniest thing was the first search result that came up. And it's from Forbes. And it says, starting a podcast can cost anywhere from $20 to $5,000. And that pretty much leads into my answer which tip parents I know no one wants to hear that answer. And it
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