The Money Show

Episode Summary: 11 real ways a one-man band or podcaster can make money online — from teaching and sponsorships to affiliate marketing, e-commerce, and freelancing. What You'll Learn 11 real ways a one-man band or podcaster can generate online income The real pros and cons of teaching on a platform vs. self-hosting courses How podcast sponsorships actually work, with real numbers from John Lee Dumas Why affiliate marketing costs the buyer nothing extra 10 Ways to Make Money Online 1. Tutorial Sites Make classes and tutorials, then sell them through online education platforms. Pros: these sites handle technology, hosting, some promotion, and financial transactions — payment comes as a percentage of sales. Cons: Skillshare means splitting profits, and Udemy often discounts a class heavily. Popular sites: Skillshare, Udemy, Teachable (formerly Fedora). Classes taught on Skillshare/Udemy (the first internet dollar ever earned!): Photoshop: The Art of the Headswap and WordPress Cheatsheet for Entrepreneurs. 2. Self-Hosted Courses Classes and courses sold directly through your own platform or website. Pros: 100% of the profit. Cons: 100% of the responsibility — launch, creation, technology, promotion, all on you. Platforms for self-hosted courses: LearnDash, Teachery, Thinkific, Zippy Courses, WP Courseware. 3. Podcast Sponsorships Advertisers have recognized podcasting's popularity and want in. Sponsorships take time to land — like everything else, more downloads means more sponsor interest, and having a clear niche helps attract them. John Lee Dumas of EOFire has reportedly made around $100K/month in sponsorships by guaranteeing over 1 million listens per month, publishing 7 days a week — not too shabby. See his Ultimate Guide to Podcast Sponsorships for the full breakdown. 4. Affiliate Marketing Affiliate marketing for products and gear is a great revenue generator, and the plan for covering monthly costs of running this site and podcast. It's simply advertising products with a small kickback on any resulting sale — the buyer pays nothing extra compared to purchasing directly from Amazon or elsewhere. Affiliate links in action can be seen on the resources page, and there's also a dedicated Amazon st… Read the complete show notes and resources on mikemurphy.ai. Support the show Subscribe To Weekly Newsletter: AI Unplugged Connect With Me 🌐 Website 📧 Newsletter 🎥 YouTube 🐦 X 💼 LinkedIn Comments, Questions & Feedback: [email protected]