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Do you have to pay your podcast guests?

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Will you be out of pocket before you’ve even begun?

If you want to interview guests on your podcast you might be thinking “Holy crap! Do I have to pay all these people?”

Lucky for you (and your bank balance) the expectation with podcast guests is they (usually) won’t get paid.

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What about big names?

If you’ve already got a decent sized audience, payment probably won’t come up because trading time for exposure is seen as a fair exchange.

But when you’re starting out you won’t be able to use this as a bargaining chip, so some guests may ask whether you offer payment.

Having said that, I’ve never come across a single person, no matter how big their profile, who’s asked for money to be on one of my shows.

As with anything, there will be exceptions but as a general rule most podcast guests don’t expect it and most podcast hosts don’t offer.

How to attract high-profile guests to your podcast

Read

Remember, this isn’t a one-way street

While it isn’t likely to cost you any of your hard earned cash it’s important to recognise how much YOU get out of a guest agreeing to be on your podcast.

In fact, one day you might end up making money off their interview if you get to the point where you can monetise your show. So, keep that in mind when you’re sitting across from someone who’s said yes.

Even if you’re not monetising, your guest is still giving you valuable content you can share with your listener and that’s something you should be incredibly grateful for.

That’s why it’s important to make sure they have an awesome experience so they don’t think twice about the fact they’re not being paid.

How to make money from your podcast

Read

Be generous

Since you don’t have to be generous with your money be generous with everything else.

Turn up early and make sure you’ve tested all your equipment so your guest doesn’t have to wait around while you deal with technical issues.

Send them a thank you note when it’s done so they know how grateful you are for their time.

When the episode goes live make sure you give them a big pump up on social media to let everyone else knows how much you enjoyed the chat.

And most important of all…be prepared!

Do your research, ask interesting questions and do everything you can to avoid making it feel like a bad date.

For most podcast guests a fantastic experience will be payment enough.

How to get the most out of your podcast interviews

Read

Be flexible

If people are doing you a favour by coming on your show, the last thing you want to say to them is “I’d love to have you on but I can only squeeze you in at 9 am on Tuesday.”

Getting good guests on your podcast means fitting into their schedule.

To help with this try recording your episodes in batches.  This will help you get ahead of yourself and give you the flexibility you need to work around other peoples commitments.

Why you should batch record your podcast

Read

Got a burning podcasting question you’d like answered? Send me an email.

Want to start your own podcast but need a little help?  Download my “How To Start A Podcast” guide or sign up for my online podcasting course, PodSchool.

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GET MY FREE PODCAST GUIDE

WANT TO START A PODCAST BUT HAVE NO IDEA HOW? THIS GUIDE TAKES YOU THROUGH ALL THE TOOLS AND TECH YOU NEED TO GET GOING!

SEND IT TO ME!