3 Biggest Mistakes Podcasters Make When Trying to Monetize

Published: June 28, 2021, 7 a.m.

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In today\\u2019s episode, I\\u2019ll be sharing some of the biggest mistakes I\\u2019ve seen podcasters make when they\\u2019re trying to monetize their podcasts. Are you guilty of making one of the three mistakes? I see podcasters making these mistakes repeatedly, but you don\\u2019t have to be one of them. I\\u2019ve been in the industry long enough to witness some big monetization wins and losses so you can rest assured that my insights will help you monetize your podcast successfully. Many podcasters around the world are now making a living from their passion, and are encouraging others to follow in their footsteps. 

It\\u2019s important to mention that commitment is very important for podcasts; it is dangerous to release episodes and see what happens. It\\u2019s better to commit to a well-crafted plan. Don\\u2019t just start a podcast to get rich in 2 months. If you would like to share your passion for a particular subject with a community of people who also want to improve themselves on that subject, then you have the right intentions. The goal is to bring value to your community while building your own reputation as a podcaster, and monetization will help you sustain that and generate revenue in the long term. And this episode will help you achieve exactly that. So don\\u2019t miss out.

Show Highlights

  • Busting the myth that there are only three ways to monetize a podcast (02:03)
  • It\\u2019s not your content that people feel like is good enough, it\\u2019s your platform (05:06)
  • The factors that determine how many downloads you get (07:08)
  • Why holding out for sponsors is an uphill task that may not be worth it (09:56)
  • You can\\u2019t start your podcast and expect to figure out monetization after you\\u2019ve built a following (11:54)
  • Working on both the strategic and tactical simultaneously (17:52)
  • Building a podcast doesn\\u2019t mean you\\u2019re going to monetize at some point in time (20:12)
  • The value of getting a podcast tune-up/audit and where to get it (26:10)
  • Taking action fast enough to fix the overwhelm that hinders monetization efforts (29:40)
  • Start taking accountability seriously and get help from people who know what they\\u2019re doing (31:27)
  • How to avoid getting overwhelmed as a podcaster (35:24)

Want to learn more? Join our private Facebook group here!

You can also find Christy and her team at www.teampodcast.com!\\ufeff

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