How Much I Earn From Podcasting...

It has been just over one year since I made the shift from ad supported to value for value, and I figured it was a perfect time to breakdown my podcast earnings, costs, and take home pay.

Below is a screenshot of my excel spreadsheet outlining the income and all of the costs associated with the running of The Bandrew Says Podcast. Since the recording of the episode I have taken quite a few steps to decrease costs and increase take home pay which I will outline in the next blog post which you can read here.

THE BREAKDOWN: Over the prior 365 days I earned $1,496.70 in revenue from listener contributions. The cost of running the podcast was $915.84 which left an earnings before interest, tax, depreciation, and amortization of $580.86. On that income we withheld 35% taxes which was $203.30 and that left a take-home pay of $377.56 for one year of podcasting. During this year I missed quite a few episodes only uploading 40 times which means each episode earned $9.44, and assuming 5 hours of work per episode we get an hourly pay of $1.89/hour.

For many people this may not seem like a lot of money, but I am honored that people found value in my podcast and contributed enough to cover the full cost of running the show over the last year. When I shut off advertising on my YouTube channel (where I host the video podcast), I was expecting a revenue decrease, and this just goes to show that if you offer value, and your audience receives that value, they may choose to return it to your show.

Clip from BSP-400: https://www.youtube.com/watch?v=5N37hzt_2ys
Originally Aired 8 SEP 2024