Launching a podcast for Smart Passive Income was one of the smartest business decisions I’ve ever made.
Click here for my free podcasting tutorial to help you start your own podcast today!
Why is podcasting so valuable to passive income online-based businesses? Because with a podcast, you are literally speaking into the brain of your fans—helping to educate and inspire them with your knowledge.
Also, the podcast marketplace is far less saturated than the blogosphere. That means you can stand out from the crowd easier if you produce a high-quality show—which makes podcasting both a great business launch strategy as well as a growth strategy.
Down the road, if your podcast performs well, you may be able to attract sponsors to your show that you know, trust, and that add value to your listeners. Such high-quality sponsors are another fantastic source of passive income.
I only allow sponsors on my podcasts that I know from firsthand experience and that share my values.