My last 30 days on YouTube = $51.65
Can you imagine how much money do these kids make with millions of views on their videos? A lot of them make over $10,000 each month. Some make over $30,000 a month.
The point is not to join the YouTube wagon but to create multiple funnels of income.
You may be a techie, or you may be creative.
You may have books in you. You may have CDs and music in you. You may have documentaries and films in you. These are all various funnels for income.
You have social media.
You can be a consultant.
You have a job.
You can become a teacher.
You can drive Uber part-time for a limited time to make some cash. You can do Airbnb and rent your rented house.
You can invest that cash (say $1000) in a Roth IRA or IRA and then start investing $200 or whichever amount you wish until retirement.
You can create your own investments with Vanguard IRA or start a simple savings account. You can invest in Stocks or Real Estate or both.
It always amazes me to find out how people complain about being poor when all they may need is Uber + Airbnb + few consulting gigs. You don’t even need an employer. You can be your own boss.
And, if you already have a decent paying job, what are you waiting for? You are in lucky 20%.
To make money, you got to first make money so that the money you make can later make money for you!
All you have to say is “I can do that, too.” Then do it.
Learn to use every talent you have to create income. That’s the right mindset. You can also create simple gigs on Fiverr and build revenue, create simple video webinars on Udemy and Skillshare.
If you have something to share that adds value, you have an opportunity. (As the popular saying goes, if you are good at something, you should probably charge for it.)
You just have to take one step each day.
365 days it is.
I want to see where I’ll be in 365 days from now! I am interested in measuring my own progress in 365 days from today.
Do you accept this challenge? If yes, tweet to me or comment with hashtag #365Days.
Involve your friends and make it a fun challenge.
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What are you doing to make $100,000 in next 365 days? What other creative ways one can use to make some extra cash? Share your pro-tips if something is working for you. It may help others. (The first 10 commenters are always my favorite.)
8 thoughts on “How Much Money Do I Make On YouTube? | How To Make $100,000 A Year”
I have always wondered about this. Thanks for sharing man. You gave me a new inspiration.
You are welcome Michael. Yes, you can do anything where your heart and talent lies.
Am grateful for reading this article.. It has given me some light…Thanks for sharing..
You are welcome Derrick. The formula is for your original content, you would roughly make $0.01 (1 cent) per view. All the best!
Thanks for this informative post. YouTube can be so powerful, I did not know that.
You are welcome Lazaga! You can read more about building and monetizing a platform in my blog category > authorpreneurship. All the best!