Want to Start a Podcast and Crypto Update

Writing a book has been something that people say they want to do over starting a Podcast. I would say about for every five people that tell me that they want to write a book someday only maybe one says they want to start a Podcast.

Maybe more people are shy and would rather write down their words rather than saying them out loud? Most people that ask me how to write a book or how to start a podcast never do. I know everyone has their own stories they could share but most people don’t take action.

Podcasting is way more popular than it was ten years ago. I think most people adults have heard the word Podcast and a lot have listened to one.

There is like over 2 million Podcasts with over 48 million Podcasts episodes oberlo.com said when I googled it. This is my 100th Podcast episode myself.

Remember I am not giving you any Financial Advice and this show is only for Entertainment purposes only. I just want to help people reach their Financial Freedom goals and give them ideas to try to help them get there sooner.

We talked about how many different Podcasts there are out there so now let’s talk about some of my experiences starting up Live 4 Podcast.

  • I don’t know how many Podcasts are profitable out there. If you think this is a get rich fast business you may be wrong. I have worked on keeping my costs low but things add up. I have spent $1,168.90 so far on the Podcast in the last two years. I am using my old computer that is six years old. My Income is only $14.33 and I have not got any Donations yet. So, my net Loss on my Live 4 Podcast is $1,154.57. Not counting the 300 plus hours I have Invested in it. So, as you can see, I can’t afford a new Car yet. LOL
  • Equipment I had gone out and bought a bunch of stuff that websites said I needed. After about 18 months I sold most of the equipment because I wasn’t hardly using any of it. What I use the most is my Old Computer and a old Audio-Technica Mic with a Stand. I had the Mic from back when I made Hypnosis Cd’s, It is about 13 years old.
  • I try to post a new Podcast every Thursday so my listeners knew to check back then to hear my latest and greatest Podcast Episode.
  • I use Audio Studio 13 by Sound Forge for my Audio Editing of the podcast Episodes to help take out maybe some big mistakes or big silences.
  • I try now to keep my Podcasts less than 30 minutes long. I feel long podcast episodes people may fall asleep. LOL
  • Ways I try to make money off of it is by Anchor Ads, Subscriptions to my Podcast, Donations, Book or CD sales to Coaching Services.
  • Cost to Use Anchor is Zero. Some Podcasting Host sites charge a monthly fee. As you can see, I don’t have the income coming in to pay for a Monthly Podcast Hosting Fee.
  • Anchor is a good site for beginners also I feel. It is easy to use and they offer a Ad you can post on your Podcast to make a few cents a day.
  • Have a good reason why to start a Podcast. My reason is I like helping people live a Rich and Happy Life. I want to help people reach Financial Freedom so they have more choices in their later part of life. Also, I want to help people have less Stress.
  • Marketing is a big key also but not easy to do. I have shirts made up for the podcast. I have golf tees. I have a domain name that links it to Anchor for my podcast. I share my episodes on social media. I also have a Page on MillsWay.com website just for my Podcast and put links to each episode. I also ask family and friends to share each episode with their friends and family.

As you can see, I have been trying for the last 2 years. I have done now 100 episodes but only have made $14.33 so far. So be careful if you are going to start a podcast not to spend to much money at first. There are a lot of people on the Internet that would love to help you get started for an expensive fee. I would suggest to go to You Tube and learn for free if you are on a tight budget like most people are.

Any tips you have for others to try please e-mail them to me so I can pass them on.

If you like my Podcast please help support it by Subscribing to it, Sharing it and Donating to it.

Quick update on our Digital Currency for the day and the Month. We are down 5.61% for the day and down 23.47% for the month. Remember I told you that Digital Currency is a Roller Coaster ride during the year and can have big swings. I think in December some people may sell some Digital Currency to cover Christmas Presents because they fell into their Christmas Giving Temptations and in January to April, they may sell some off to help pay Taxes.

Remember that the information in this Podcast is just what we do or our views. It is not for you to follow. You need to do your own research. We strive to Invest daily towards our Financial Freedom. Also, if you don’t have a stomach for the up and downs of Investing it may be safe to hire a Financial Planner to manage your investment’s. We do like Crypto Currency and feel Crypto could show our biggest gains in the future.  We less than 5% of our Net Worth in Crypto Currency so if they don’t turn out we won’t be broke.

My goal would be too able to live off a 3% withdraw rate when she retires completely. We live Debt Free and work really hard to live within our Budget. I feel we can adjust our Budget at times if we need too. If our businesses MillsWay.com and Live4.Club Podcasts take off big she could retire fully sooner and help me with them both.

If you need more help, I can help with my Coaching service. I just want to help people have less stress about their Financial Future or their Retirement plans and spend more time enjoying life.

“The definition of insanity is doing the same thing over and over again, but expecting different results”. By Albert Einstein. I would also say the definition of insanity is believing you can live a financial responsible life without tracking how you are doing, having a budget and goals. I like following others who track their finances to compare our also. I enjoy helping people with their finances and goals.

Here are some positive quotes I like;

“Get your Money to Work for You… As hard as You Work for it.” By Napoleon Hill

“1. Make Money. 2. Use the Money to Make More Money. 3. Repeat the Process.” By Warren Buffett

“There is no way to happiness; happiness is the Path.” By Buddha

“Change Your Thoughts – Change Your Life” by Wayne W. Dyer

Net Worth – Best App for Investors

Let me know your thoughts about this blog and let me know of others you would like me to do in the future. I feel we can all learn from each other. That is why I am in the helping people retire early, enjoy life more and be more successful. Also, please see my Disclaimer page.

Don’t give up on your dreams; don’t let others talk you out of your dreams. Make your dreams happen. Make it happen today.

As always, I am not giving you any Financial Advice and you should seek advice from your Professional Advisors to see what is best for your situation. See my Disclaimer at MillsWay.com. This is for entertainment only.

Become a Paid Subscriber to Live 4 Podcast

We want to give our boys the best chance to have their money last them thru their retirement years and have them reach their Financial Freedom goals. They need to live somewhat with a frugal mindset and spend less than they make so they can Invest towards their Financial Freedom goals. The boys will need to maybe put off Net Flix or buying a New Video game or going to the movies until they are on the path to Financial Freedom.

Support me at Anchor.fm/Live4, Patreon.com/Millsway or Paypal.me/Millsway

Check out all my Published books on Amazon.com. Here are a few of them:

Money Secrets – https://www.amazon.com/dp/B088GKF2TM

Richer Living – https://www.amazon.com/dp/1695676815

Wake Up –  https://www.amazon.com/dp/1694989585

Rizzle.TV – Short Educational Videos on Motivation, Leadership, Relationships, Money and Golf.

Thanks, and have a great night.  Please Support or Follow me at https://www.patreon.com/millsway  for access to all my blogs.

Click here for some Side Income and Part-time Business Ideas

Millsway.com and Live4.Club

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Net Worth – Best App for Investors

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