I have seen some successful podcasts report their Monthly Income on their websites. Take a look at Pat Flyn’s ‘Smart Passive Income‘, or John Lee Dumas’ ‘Entrepreneur On Fire‘, for instance. These podcasts have been very successful, and it is reflected in their growing Income.
A podcast is a source of information about a specific topic. Once a podcast has generated enough interest and has built up a following, the next step would be to find out what the audience is looking for, and then provide them with such value in return for a small fee.
There are also various other means to monetize a podcast. We can discuss them in a future episode.
The take away for us is that a podcast can be a means to generate and Income Stream. More importantly, it is a method to LEVERAGE your time in order to earn an Income over and over, long AFTER the time spent creating the Income Stream. Thus making it PASSIVE, offcourse.
Ziltch. Zero. Nothing so far.
Since the ‘light is in the stars’, we have created a Property Portfolio of Income Streams sufficient to give us time to build a podcast over an extended period, without it having to generate Income.
But that will change, off course, and we will keep you updated.
We have kept the costs associated with creating a podcast and website to a minimum, without sacrificing on quality.
The best value for money we found in the following:
I am not a Financial Advisor, Attorney, Accountant or any other Professional, and never WANT to be. I’d rather be FREE. I share MY experience and knowledge. I don’t give advice.
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