If you can start a podcast and create a

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If you can start a podcast and create a regular audience for it around a specific topic, this is a great way to get sponsors and fund this side business idea. My podcast, The Side Hustle Project is actually one of my current side business ideas I’ve been working on, and because I had an existing audience here on my blog at the time I launched the show, I was able what number is this singapore broker a $5,000 sponsorship from Freshbooks to place ads on the first ten episodes before I even got started. Side note: Here are my picks for the best podcast hosting platforms to get your show hosted here are my recommendations for the best cheap podcast microphones to start with today.

When I used to work at CreativeLive, I regularly paid $250-$500 (or even much more depending upon audience size) per episode for 90 seconds worth of advertisements on relevant podcasts like The Tim Ferriss Show, the #1 business podcast most of the time from the 4-Hour Workweek author, Tim Ferriss. The podcast has even helped Tim launch his latest New York Times bestseller, Tools of Titans to a wider readership.

Naturally, it helps if you already have an online audience you can tap for listening to your regular podcast (like I did), but that hasn’t stopped thousands of people from building successful small business ideas into lucrative podcasts—including Alex Blumberg, founder of Gimlet Media who teaches how to use storytelling and launch a podcast. You can also check out this class from podcaster and entrepreneur, Lewis Howes, about how to make money podcasting as a side business idea, which regularly broadcasts for free on CreativeLive.

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