The (Monetary) Cost of Third Space Indy
Hey there! In this article/email/blog post I’m going to outline the current costs of creating Third Space Indy. I will keep it updated as time moves on to keep full transparency.
Date of latest edit: June 6, 2025 (2025/6/3)
If you are more interested in my thoughts about this type of thing, please read further below.
Additionally, you can use this big button to help alleviate some of this cost if you are interested and comfortable doing so.
Direct cost of doing business
Title | Description | Amount |
|---|---|---|
Podcast Editing Software | $15/mo | |
Podcast Audio Hosting Platform | $19/mo (17/mo if annual) | |
Email Newsletter and Website Hosting Platform | $0/mo at this time — ty Justin | |
Total Cost | $34/mo |
Indirect cost of business
Title | Description | Estimated hours spent/wk | Estimated labor cost/wk ($15/hr — undervalued 🫡) |
|---|---|---|---|
Guest Research | Figuring out who to have on the podcast | 2 | $30 |
Podcast Guest Reach Out | Contacting potential guests, meeting, and scheduling | ~10 | $150 |
Podcast Editing | Editing only the podcast episode itself (audio, visual, transcript correction) | 3-4 hours per podcast (assume 1 per week) | $45-60 |
Social media management + shortform video creation | Management of social media platforms and creation of short-form content to create continued promotion | 5 hours | $75 |
Podcast Recording | Time spent with a podcast guest recording the content + travel time | 2 hours | $30 |
Newsletter creation | Time spent writing the newsletter for the podcast with show notes, thoughts, and important links | 2-3 hours | $30-45 |
Totals | 25 hours/wk | $375/wk |
At the time of writing, the estimated total cost of the business per month, including labor, is $1534.
Additional notes
Of course, the above costs do not include my monthly living expenses. I am still unemployed at the time of writing, so my monthly intake is deeply in the negative. Any level of support you are comfortable offering to help keep Third Space Indy sustainable, independent, and local will be massively appreciated.