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Podcasting Made Simple

How to Monetize Your Podcast with a Mastermind | Chris Williams

Podcasting Made Simple

Alex Sanfilippo, PodMatch.com

Education, Content Marketing, Podcast Guesting, Podcast Hosts, Podcasting, How To, Audience Growth, Podcast Guests, Business, Podcasters, Marketing, Monetization, Technology

5671 Ratings

🗓️ 3 October 2023

⏱️ 11 minutes

🧾️ Download transcript

Summary

Send Us a Text Message Did you know that, as a podcast host, you possess valuable knowledge and expertise that can easily be monetized in a high-value way for your listeners? In this episode, Chris Williams explains why and how high-ticket masterminds are one of the best ways to monetize a podcast. Get ready to leverage your expertise in a that serves your listeners on a whole new level through a mastermind! MORE FROM THIS EPISODE: HTTPS://PODMATCH.COM/EP/247 Key Moments: 00:00:15 - Intro...

Transcript

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0:00.0

You're listening to Podcasting Made Simple.

0:04.6

Hey, Chris Williams here with Group Coach Nation.

0:06.7

Now, let's just be honest about this.

0:08.8

Most of us got into podcasting for one of two reasons.

0:12.1

Number one, we have information and we're trying to monetize it, right?

0:15.1

We're trying to figure out a way to take what we know and get out there and make a living off of it.

0:19.2

Number two, we have a passion about something and we just want to get our message out there.

0:23.4

And then we end up realizing down the road, a couple months, couple weeks, maybe a couple years into it,

0:27.9

oh my gosh, this is a ton of work.

0:29.4

I got to freaking get paid for this.

0:30.8

I got to be able to hire staff, pay for systems, or just quit my own job so I can actually

0:35.5

do this full time because I love teaching.

0:38.0

I love sharing.

0:38.6

I love getting stories out.

0:39.5

I love interviewing people.

0:40.6

All those things, right?

0:41.8

It always comes back to money.

0:44.0

Now, here's the sad truth.

0:45.7

I think the number is somewhere around 98% of podcasters don't make any money.

0:52.6

And most of us fail out of podcasting because we don't make

0:56.5

money. And it's not because we're greedy or we're just doing it for the wrong reasons, it's because

1:01.1

it costs money to do this. It costs time to do this. And to make it sustainable, we've got to

...

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