Making Money as a Podcaster: How to go from Hobbyist to Pro

Are you ready to dive into the world of professional podcasting? Before you can do that, you must first learn how to start making money as a podcaster and what it takes to go from hobbyist to pro.

Signs It’s Time to Go Pro

Signs it’s time to get out of hobby status and go pro as a podcaster include, but aren’t limited to:

Now that you know the signs it’s time to get serious about making money as a podcaster, how do you officially go from hobbyist to pro?

Steps to Making Money as a Podcaster and Going Pro

1. Decide and Commit

If you read our guide on How to Start a Podcast, or have been in the game a while, you already know that podcasting is a lot of work.

You have to make the decision and commit to releasing episodes regularly, managing all the tasks, and engaging with your audience if you’re serious about doing this full-time.

Unfortunately, not everyone has what it takes to be a professional. In fact, some people have been doing it for years and still aren’t making money as a podcaster.

2. Make a Plan for How You’ll Make Money

If you’re not making money, you don’t have a business. You have a hobby.

You need to monetize either with sponsorships or products. And, you need to sell on a consistent basis.

This means doing things like:

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3. You May Need to Incorporate

Though being a professional podcaster doesn’t require being incorporated, some people choose to do so for tax and liability reasons.

We suggest you consult an attorney, tax advisor, and other professionals to help you make your decision about whether to be a sole proprietor, an LLC, or start an S-corporation/C-corporation.

4. Lock Down the Legal Stuff

Even if you don’t get incorporated, you will need a few things to protect yourself as a professional podcaster:

You may also want to consider trademarking your podcast name and filing other copyright documents to protect your intellectual property.

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