Becuase of My Podcast - Rick Seizemore of VRStudio Workforce  Rick Seizemore from VRStudio Workforce shares how your podcast will help you land guests, and those guests can then point people to your website. Your site then becomes an audio business card that can capture people’s attention. This is what the VR Workforce Studio Podcast Does   Is Podcasting A Ponzi Scheme? I got an email from a friend of mine who has kind of "had it" with podcasting. He said, " I have recently done some calculations and have come to the conclusion that the hours spent podcasting would be better spent doing other things, like narrating audio books and maybe even some work around the house. I am doing a weekly video show via Skype, being streamed live on YouTube. I use Wirecast to make it look professional, and I have been releasing the audio as a podcast. I stopped the podcast side this week. I said when I started podcasting a couple of years ago, I would do a serious review at the two-year mark, and have concluded that while I have learned much I will be using for audiobooks, and am glad I did it, to continue would be a waste of time. Here's the part you probably won't agree with:   In the 80's Amway came through this area, and a lot of people joined and got hyped up (me included). After a while, it became clear that a lot of people at the top were making money, but it depended on a constant supply of fresh "believers" to fuel their incomes. People who started early were making money, but the thousands below were being Nickle and dimed and were doing nothing but financing those above. It worked as long as everyone believed they could make it.   Podcasting today is a similar type of pyramid structure, where everyone who started before 2007 or 2008 are making an income off of the believers below. (I find your motives pure, and I appreciate that.) It is VERY important for those below the median numbers (Around 120 according to Rob), to believe there is no discovery problem. That way they keep paying their $20 a month to Libsyn, buying books, Wordpress plugins, and tools for podcasting and going to conferences.   No matter how good your content is, the average basement independent has about 0% chance of ever being heard the first time by hardly anyone who doesn't know them already or is only 1 or 2 degrees separated. This is simply due to saturation.   The main people who make it now either are famous already, are starting a full-time business that happens to involve podcasting and has 6 figures to invest, like JLD, or are part of the corporate invasion. There may be an isolated incident here and there where it happens, but it so rare it doesn't bear mentioning. It is simply too late for the average independent show by a person working a full-time job to make an impact beyond a few niche listeners.   I was also dismayed to find the same "entrepreneurs," using many of the same books, and the same hype milking the same types of people. There is a sucker born every minute. They find them, use them, discard them, and move one since there are always more suckers on the internet. An example: a well-known personality in podcasting who was putting out yet another book solicited all of us to submit articles for it. We of course, had to buy the book to see if were in it. We weren't. Not one of us. The book had already been written and included older interviews that happened long before he solicited for articles. He simply lied to get us to buy the book. It worked, and we were the suckers. Well, fool me once, shame on you, fool me twice, shame on me.   I calculated how many listeners I would have if gained one new one each month, and how many hours I would spend editing and putting out the content I already have from the video show. My conclusion: I hope to retire in 3 years or so.  36 new listeners. Over 600 hours of podcast editing during that time.  BTW, I am not getting 1 new listener a month.   Contrast this with the one audio book I have n