TThe Diary of a CEO
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23 August 2021

How I Make $1.2 Million A Year From This Podcast

5Frameworks
8Insights

Frameworks in this episode

Insights & moments

The myth-busts, hot takes, explainers, and tools worth keeping.

Hot Take· 1

Hot Take22:30

A smaller audience can create a deeper impact

Bartlett contrasts short Facebook videos with millions of views against podcast episodes that generated more street recognition and longer personal messages despite much lower reach. He treats those responses as evidence that depth mattered more to him than raw view totals and evaluates content by the time it takes to make relative to the impact he observes.

  • Bartlett says his viral Facebook videos received between 3 million and 33 million views.
  • He reports that people rarely mentioned those videos to him in person.
  • The smaller podcast audience produced more recognition and detailed messages in his experience.
  • He prefers observed depth of response over reach as an isolated metric.

i found the depth much more enjoyable um it was having a greater impact

Steven Bartlett · 24:00

reach can be quite meaningless but depth can be incredibly impactful

Steven Bartlett · 24:30
#depth#reach#audience impact#content strategy

Explainer· 2

Explainer13:00

What Bartlett's eight-person podcast operation covers

After deciding to publish weekly video episodes at a high production level, Bartlett says he expanded from a proposed £4,000 equipment setup to roughly £40,000 of equipment. He describes eight people contributing across production, booking, public relations, clips, social media, sponsorships, management, and logistics, while stressing that a podcast does not need to start at this scale.

  • The upgraded studio included multiple cameras, lighting, audio equipment, and moving camera systems.
  • The team covers production, guest booking, PR, video clips, social channels, commercial work, and logistics.
  • Bartlett says eight people are involved in different ways.
  • He contrasts this operation with a low-cost audio show recorded and edited by one person.

in total i have a team of eight people that are involved in the production of this podcast in various ways

Steven Bartlett · 15:00
#podcast team#production costs#video#operations
Explainer15:30

Why standard per-download ads did not fit his cost base

Bartlett recalls finding estimates of $25 to $50 per thousand downloads, which would imply $2,500 to $5,000 for an episode with 100,000 downloads. He says intermediary advertising companies also take a cut and tend to price by downloads, so he concluded that the standard model would not cover the larger production operation he wanted. These figures are the estimates he says he found, not a universal current rate card.

  • Bartlett cites an estimated $25–$50 per thousand downloads.
  • At 100,000 downloads, that estimate implies $2,500–$5,000 per episode.
  • He says advertising intermediaries retain part of the brand's budget.
  • He judged this model against his own unusually large production cost base.

you could make 25 to 50 per 1000 downloads

Steven Bartlett · 16:00

the middleman is taking a big big cut

Steven Bartlett · 16:30
#podcast ads#cpm#monetization#economics

Story· 2

Story02:00

The show began with a £90 microphone under a duvet

Bartlett describes the podcast's first episode as an unplanned experiment recorded alone at 3 a.m. with a laptop and a £90 microphone. He handled the recording and editing himself, and the show's recurring closing phrase emerged spontaneously from his uncertainty about sharing a vulnerable diary.

  • The first setup used a laptop, a low-cost microphone, and a duvet for sound control.
  • There was no script, production team, or expectation of a series.
  • Bartlett recorded and edited the episode himself.
  • The show's familiar sign-off began as an improvised response to vulnerability.

there was no script no plan no team i edited it myself

Steven Bartlett · 02:00
#podcasting#origin story#bootstrapping#vulnerability
Story27:00

Vulnerable interviews became unexpected friendships

Bartlett says long conversations about childhood, struggles, ambitions, and mental health often leave him and a guest feeling unusually close. He attributes friendships with guests such as Reggie Yates and Liam Payne partly to that mutual openness. His broader statements about psychology are presented as his interpretation; the transcript does not identify the supporting research.

  • Long interviews invite both host and guest to discuss personal experiences.
  • Bartlett believes mutual openness makes connection easier.
  • He reports socializing with several guests soon after recording.
  • The podcast expanded both his professional network and his friendships.

after the podcast finishes filming honestly in like 90 percent of the time i feel like they're my mate

Steven Bartlett · 27:30

it expanded my professional network but it also expanded my friendships

Steven Bartlett · 28:30
#friendship#vulnerability#interviews#relationships

Takeaway· 3

Takeaway07:00

Guest interviews cut Bartlett's episode workload

Bartlett says solo episodes required seven or eight hours of planning, transitions, and repeated recording. Interview episodes let him arrive with genuine questions and record for about two hours, while also giving him a more enjoyable way to learn from a wider range of people.

  • Solo episodes required extensive outlining and repeated takes.
  • Bartlett reports that guest recordings take him about two hours.
  • The format lets him learn directly from people with varied experiences.
  • He can still contribute his own ideas while centering the guest.

when i did it on my own i would honestly spend seven or eight hours planning and writing each episode

Steven Bartlett · 07:00

having a guest means i could just walk in sit down ask them the things i'm interested in

Steven Bartlett · 07:30
#interviews#production#time management#podcasting
Takeaway21:30

Bartlett says the podcast will generate over $1.2 million

Bartlett states that the show's three core sponsors and occasional collaborations will generate more than $1.2 million during the year, or just over $100,000 per month. This is his reported gross podcast revenue claim; the transcript does not provide contracts, a revenue breakdown, costs, or profit figures.

  • The transcript states $1.2 million, not $12 million.
  • Bartlett describes the figure as annual podcast revenue.
  • He attributes it to core sponsors plus occasional brand collaborations.
  • The episode does not establish net profit or independently verify the amount.

this year this podcast will generate over 1.2 million dollars which is just over 100 000 a month

Steven Bartlett · 22:00
#podcast revenue#sponsorship#creator business#income claim
Takeaway26:00

A publishing promise creates repeated communication practice

Bartlett says a recurring promise to publish forces him to practice forming ideas, speaking, and presenting on camera. He encourages people who want more confidence or stronger sales communication to create their own consistent content commitment, framing the benefit as repeated practice rather than a guaranteed transformation.

  • A fixed publishing promise creates a recurring reason to show up.
  • Preparing content requires ideas to be organized and expressed.
  • Video adds repeated practice speaking on camera.
  • Bartlett presents these benefits as his experience and recommendation.

create a pact where you have to consistently produce content

Steven Bartlett · 26:30

it improves your ideas it improves your ability to speak and it also helps you on camera

Steven Bartlett · 26:30
#communication skills#content creation#practice#confidence