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Should I Start a Podcast – Is it Worth it in 2024

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Should I start a Podcast

Podcasting has soared in popularity over the last few years and with good reason. Podcasts are an entertaining, informative, and convenient format, perfect for the modern world.

According to Edison Research, over 104 million Americans (more than one-third of the population) regularly consumed podcasts last year. Why are they so popular?

Podcasts on almost any subject are readily available to download on iTunes, Spotify, and several other podcast show directories.

The variety is astounding: you can find true crime podcasts like ‘Red Handed,’ entrepreneur programs such as ‘The Tim Ferriss Show,’ and public radio shows such as ‘This American Life,’ which all have tens of thousands of avid listeners.

Do you feel like you might have something to contribute to the world of podcasting? In this article, we’ll outline everything you need to know about starting a podcast show, whether it’s right for you, and what you’ll need to do.

Part one answers some of your burning questions about podcasting and whether it’s a viable option for you. Part two shows you how to plan, what you’ll need, and the steps involved in creating a podcast.

Read on for our ultimate ‘podcast how to start a podcast‘ guide! But first, ask yourself should I start one?

Key Takeaways

  • 👨‍👩‍👧‍👦 Starting a podcast allows you to connect directly with an audience sharing similar interests.
  • 🔍 Use podcasting as a platform to share and expand on your passions and areas of expertise.
  • 🎬 Podcasts can significantly enhance your business or personal brand by reaching a broader audience.
  • 🧠 Explore creative expression and potential financial opportunities through sponsorships and advertisements.

Should You Start A Podcast?

Are you wondering if and how you should get started? Here, we look at some of the often-asked questions by people who want to start podcasting but aren’t sure if they should.

Is Starting a Podcast Worth It?

is Starting a Podcast Worth it

If you have some good ideas and a real desire to share them with the world, starting a podcast show will be worth it for the sense of self-satisfaction, you will experience sharing your knowledge and passion with an audience alone. Discover the compelling reasons to start a podcast in 2024.

Many people think about starting podcasts or do start them but never really get them off the ground. This often happens when the podcast host doesn’t have a real interest in the subject of their podcast and/or hasn’t put the time into carefully planning their podcast show.

Simply put, no one wants to listen to a poorly organized, unclear monologue about any topic. So, make sure you’re prepared to put time and energy into producing each show episode.

Starting a podcast is not an easy way to make money fast (we’ll discuss this later), so avoid this one if you need some quick cash. However, it can be worth it for the financial gains later on.

Many people who make podcasts earn thousands of bucks a month in income from their podcast shows, but this only comes after much hard work.

Ultimately, whether or not starting a podcast is worth it depends on your commitment to both the subject you’re going to talk about and your commitment to making the podcast.

What do I need to know before starting a podcast?

things to know before podcasting

Are you thinking about starting a podcast? Perhaps you’ve got themes and topics in mind that you’re just dying to share with an audience.

Starting up your own podcast is a great way to do just that. But, here a just a couple of things you should know before starting a podcast.

You should avoid diving straight in and think about some key things before you start. Even if you’re only starting podcasting as a hobby, you’ll likely want to have the best chance of actually getting some podcast listeners.

➡️ When Was the First Podcast Ever Made?

For entrepreneurs, solopreneurs, and small business owners out there, podcasting is a great way to build your business and will offer you lots of new opportunities for collaboration and promotion.

Ultimately, a small amount of careful thinking and planning before you launch may well be the difference between a show that doesn’t get any listeners and a show that’s sure to grow a devoted fanbase.

You should also know that podcasting requires some basic equipment, editing software, and, above all, time and commitment. We’ll discuss this in more detail in part 2, so read on to learn the finer details of what it takes to start a podcast.

How much money do you need to start a podcast?

There’s no universal answer to this question. The basic components you’ll need to start a podcast are as follows:

  • Internet connection
  • Basic recording equipment (smartphone or laptop will work)
  • Software for media hosting recording and editing software
  • Music and podcast cover art
how much money to start a podcast

Depending on your budget, you could spend anywhere between $80 and $1000+ on producing your podcast. It’s worth noting that there are free versions of almost everything you need to start a podcast, so long as you have some basic recording equipment.

This is a good place to start if you’re strapped for cash, and you might want to upgrade your equipment, editing software, and hosting service as you begin to make money from your podcast.

Can You Get Rich Off a Podcast?

When you’re first getting started, it’s unlikely that you’ll make much money off of podcasting. In fact, some people end up with negative cash flow because they spend lots of money on equipment, don’t see immediate results, and stop producing podcasts.

➡️ How Much Do Podcasters Make?

This type of creative work depends on building an audience of listeners: you need people to choose to watch your show because they’ve decided you have value.

This can take some time, but it’s totally worth it. So, if you’re searching for ‘how to start a podcast’ because you need a quick cash injection, you’ll need to find another way to earn some income.

The good news is that if you devote time and energy to making amazing podcast content, engaging with your audience, and publishing new episodes regularly, you’ll be able to build in a show that makes you one big sum of money with each episode.

Some main ways people make money from podcasting are as follows.

Revenue StreamDescription
💰 Direct SupportFans donate to support the podcast.
🎤 SponsorshipEarnings based on podcast downloads.
🔗 Affiliate SalesIncome from sales via affiliate links.
🛒 Product SalesMoney from selling courses, events, merchandise.

Finally, if making money is your only goal, and you don’t have a passion or interest in your subject, chances are your show won’t have much success. Conversely, you’re more likely to ‘get rich’ off a podcast that you genuinely care about.

How to Start a Podcast?

Now your burning questions have been answered, it’s time to find out how to start a podcast show. This section provides a step-by-step guide to getting your new podcast planned, created, and out there.

Plan Your Podcasts

Ask yourself: what is your podcast for, and who is it for? Are you a business? A researcher? A freelancer? Or are you a hobbyist who wants to share your ideas and perspective? Determining what you’re actually making your podcast for will guide what you actually include in it.

Further, you need to have a clear sense of what your podcast is about. Try to start a podcast on a topic in which you have some interest, knowledge, or ideally both!

This will help you find a niche, so you can do relevant research on topics tu8y’o cover in each episode, find suitable interviewees, and market to the right people – the key really is in the preparation!

how to plan your podcast

You then need to identify your target audience. If you’re a business person, you’ll be aiming for your podcasts at people who may be interested in your brand or company.

If you’re creating a podcast show based on a hobby, your audience is likely to be simply people who share the same passion.

Once you’ve answered these key questions, the podcasting fun really starts. You can begin to plan what you’ll talk about in your podcast shows, how the information will be broken down across each podcast show, and which people you want to talk to. In planning your series, think about:

  • What you will title your podcast series.
  • How long you want each episode to be.
  • How often you will release each episode.
  • How many podcast episodes will make up a series.
  • Titles for each podcast episode.
  • Should you use video content (to Publish on Youtube vs Podcast only)

In thinking about this ahead of time, you’ll be able to work out what you need to include in each episode and how much you’ve got time for. This will prevent you from cramming too much information into one podcast episode or finding yourself drawing it out.

Record Your Podcast With Quality Equipment

high quality equipment podcast

The most important technical aspect of starting a podcast show is ensuring that you have an excellent level of audio quality. People will quickly tune out even when the content is great if your voice is not crisp, clear, and with no interference.

To record your podcast, you can use the internal microphone on your iPhone, tablet, or laptop. You may wish to invest in a good quality headset with a microphone to ensure clear sound and cancel out any background noise.

Remember, a simple microphone is fine to get started, and you can always upgrade at a later point in your podcasting journey.

Use Interviews in Podcast Episodes

One thing to research straight away is experts and/or influencers in your podcasting area. Collaborate with these people, or invite them the feature as a co-host on your podcast.

This allows you to procure more listeners from the following of your guest, and you get to start some important networking and establish yourself within your niche.

Almost every successful podcast show host doesn’t go it alone – they use interviewees or co-hosts to create a more engaging experience for the audience.

importance of podcast interviews

To start a podcast that will be successful, you should plan interviews and co-hosting dialogue carefully to avoid it being one-sided and make for interesting listening. Avoid asking yes/no questions, and seek narratives.

Questions that start with ‘tell me about a time…’ are sure to provoke unique, interesting responses.

When podcasting, always keep the audience in mind: think about what your topic is and what your audience wants to hear about it.

Each episode can address your topic differently, so make sure you consider your subject matter from all angles and invite a range of guests accordingly.

Edit Podcast Episode with the Right Editing Software

Once you’ve recorded your podcast episode, you then need to edit it to increase the audio files sound quality for your podcast listeners. Because there’s so much choice out there already, people want high-quality listening experiences and will only select the best.

Editing software such as Audacity or Adobe will be sufficient to cancel out background noise and enhance audio. Another good option if you’re using a Mac is Garageband.

At this stage, you’ll need to consider which hosting service you’ll use. Soundcloud and Libsyn are popular choices.

editing software podcast The Best Podcast Recording Softwares

Publish Your Own Podcast

When you start a podcast show, the most exciting part is going live. Once you’re happy with the quality and content of your new podcast, you can submit it to directories.

This will enable people to find your podcasts and listen, subscribe, and download. Some platforms charge you a monthly fee for listing your podcasts with them, so double-check this before you enlist.

Podcasting is a competitive world, so draw people to you by providing as much information as possible. Make sure you write your show notes. Show notes are, simply put, a written overview of the content of each episode.

They’re like an episode description (which you’ll need for your podcast hosting platforms) but provide more detail. They are a great way of pulling in more traffic, so it’s definitely worth doing some research on this area.

Websites and Social Media for Your Podcast

social media websites podcast

While it’s not essential to have your own website when you start a podcast show, this can be a useful addition and give legitimacy to yourself as a podcast host.

When you start a podcast show, you want to get your name out there, so social media is a great platform for engaging with your audience, promoting new episodes, and networking with other podcasters and people interested in your area.

One thing to think about if you do create a website is complimenting your podcast episodes with corresponding blog posts. These can offer people further information on the content of the episode, or you can use a blog post to promote your upcoming podcast show episode.

Remember to mention the social media handles for your show when wrapping up podcasts, and include your website where people more about you and your podcasts.


What legal considerations should I know about before I create a podcast?

Ensure you understand copyright laws related to music and content, and consider obtaining liability insurance to protect against content-related claims.

How do I choose a hosting platform to start a podcast?

Evaluate podcast hosting platforms based on their ease of use, distribution capabilities, analytics tools, and cost to find one that suits your needs and budget.

What are some effective promotional strategies for a new podcast?

Leverage social media, collaborate with other podcasters, engage in community forums related to your podcast’s theme, and consider paid advertising to increase visibility.

Bottom Line: Are Podcasts Right for You?

Do you often find yourself Googling ‘should I start a podcast,’ ‘are podcasts easy,’ ‘how start podcast production,’ and ‘is podcasting a good idea for me’?

Hopefully, this article has helped you find the answers to these questions. If you want to start a podcast and have the time and passion to do so, it’s definitely something you should do.

Be ready to do some intense prep work if this is your first podcast, and always focus on producing quality podcasts rather than the money – the cash is sure to follow if you’re dedicated and passionate!

Also, think about the people who will be listening to your podcast to make sure you’re always providing content people want to listen to.

Podcasting is an intense but rewarding endeavor, so don’t be put off by the work required. There’s no one right way to make a podcast, and remember that confidence is key.

With just a little planning, you could be on your way to producing successful podcasts in no time!

Brett Robinson

Head of content and marketing over at Wired Clip HQ. I'm an Audio enthusiast and have been interested in anything from microphones to speakers. I am the lead guitarist for a small band and my main passion is editing our tracks.

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