Start A Podcasting Business - Business Ideas

Updated: September 15th, 2022
Start A Podcasting Business

Please note that the data provided in this article are estimates and may vary depending on various factors, and should not be considered as perfect or definitive.

Podcasting businesses often start as a hobby. You publish a few episodes and posts, and soon you will start getting engagements from interested parties.

However, to earn money from your podcasting business, you need to put a lot of effort and time into producing quality shows that address your audience's concerns.

To grow your podcast business, ensure regular publishing, which brings better growth, more listeners to your channel, and a higher income.

Here is a list of steps to help you transition the podcast from a hobby to a full-time podcast business:

  • Ensure a focused effort and adjust the tone of each podcast episode
  • Make podcasting your priority
  • Focus on building
  • Grow a mailing list
  • Aim at building a trusted brand
  • Develop a long-term growth and marketing plan

Starting a podcasting business requires a great deal of effort, dedication, and most importantly passion.

If you're interested in how to sell podcasting services, or selling podcasting services online, you can use this page as a guide for everything you'll need to know.

Key Stats

market size
$92.4B
revenue (monthly)
$50K
starting costs
$5.89K
gross margin
65%
time to build
210 days
growth
Word of mouth
business model
Consulting
time investment
Full time

Startup Costs

Min Startup Costs Max Startup Costs

Office Space Expenses

$0

$7,000

Training & Education Expenses

$0

$1,000

Software Expenses

$0

$594

Advertising & Marketing Costs

$0

$2,750

Website Costs

$13

$215

Specific Industry Expenses

$0

$100

Total Startup Costs

$13

$11,659

Successful Businesses

Business URL Rank

Indie Hackers

indiehackers.com

5,131

The Ringer

theringer.com

5,675

Empire Flippers

empireflippers.com

7,454

BrandonGaille.com

brandongaille.com

12,708

Transistor

transistor.fm

32,730

Zencastr

zencastr.com

32,920

Castos

castos.com

36,596

The Bulwark

thebulwark.com

37,563

Overcast

overcast.fm

41,045

Ecom Crew Podcast

ecomcrew.com

53,457

Mixergy

mixergy.com

65,189

Pros & Cons

Pros Description

Flexibility

You can put as much time into the business as you'd like. If you like the work and have some initial experience, you can start small and manage all aspects of the business on your own.

Ability to start your business from home

It's not necessary to have a physical storefront or office space to get your business started. You can do everything from the comfort of your own home, at least in the beginning!

Little startup costs required

The cost to start a podcasting business costs significantly less money than most businesses, ranging anywhere from 12 to 11,659.

Rewarding work

Starting a podcasting business can be really rewarding work. After all, you are solving an immediate issue for your customer and you're working on something you truly care about.

Scalable

With businesses and processes changing daily, there will always be demand for new features, products and services for your business. Additionally, there are several different business models and pricing tiers you can implement that will allow you to reach all types of customers.

Traffic to your website

A podcasting business gives people a reason to visit your website and to keep coming back to you!

Cons Description

Crowded Space

Competition is high when it comes to your podcasting business, so it's important that you spend a good amount of time analyzing the market and understanding where the demand lies.

Constant maintenance of publication

You may find yourself constantly needing to update your podcasting business in order to stay relevant for your audience and for those searching on google.

Lack of benefits

With a podcasting business, you are typically self-employed and responsible for finding your own insurance, which can be quite costly and time-consuming.

Isolation

Often times, as a podcasting business, you typically work alone and do not have much face-to-face interaction with other team members.

Taxes

As a podcasting business, you typically pay self-employment taxes which can be quite high. It's important to understand what you will be paying in taxes each year so you can determine if the work you're taking on is worth it.

No safety net

Typically, as a podcasting business, you do not receive a consistent pay-check and instead earn money based on your transactions each month. During the slow periods, you typically take away less since the job is based on commission. It's important to budget accordingly for the slow times.