Moneyadviceblog » Business » Side Hustle 101: Making Money On YouTube (Part 2)

If you want to establish a side business, a YouTube channel might be a good place to start. It may look like making YouTube videos is enjoyable. However, if you want to utilize YouTube as a side business, it must be profitable. Making money on YouTube is doable. Many individuals are generating a lot of money on the platform in reality. So, how much money do YouTube stars make?

How to Get Started Earning Money on YouTube

If you want to make money on YouTube, you must be distinctive. Consider what you want to achieve with your channel before publishing videos. What type of fans do you wish to attract? What message would you like to send out into the world?

Making Money On YouTube

Making Money On YouTube

Do you wish to make vlogs about your day-to-day activities? Or are you planning to do sit-down videos about certain topics? Make sure that any statement you pick will help you stand out from the crowd.

When you first start publishing videos, set some fundamental goals for yourself. The first important achievement will be to reach 1,000 subscribers. Following that, you might aim for 4,000 hours of video viewed in the previous year.

This will assist you in generating some ad cash. Based on your following, you may expand out into additional revenue tactics.

 Be Realistic When You First Start Out

It’s easy to get star-struck by the possibilities for your YouTube channel, especially when the revenue potential is in the millions. However, although being attainable, breaking into the high incomes on YouTube may be incredibly challenging for many reasons.

To begin with, gaining a following might be challenging. On YouTube, the digital landscape is incredibly competitive. It might be difficult to stand out in a sea of 300 hours of the video published every minute.

Because it’s so tough to acquire a following on YouTube, many YouTubers don’t make any money. Even celebrities with large followings struggle to make a livelihood. In reality, most YouTubers will make less than the poverty threshold in the United States. That’s around $12,000 in today’s money.

Although it may appear simple to submit a few videos and wait for the views, it will need more effort. The goal is to set aside time to understand what it takes to grow a following and regularly produce powerful videos.

 Other Considerations for Making Money on YouTube

Here are some more elements to consider while trying to generate money on YouTube, as well as some helpful hints.

YouTube Niches That Make Money

When starting a YouTube channel, the niche you choose is crucial. While all subjects attract readers, some are more popular than others and have the potential to increase your earnings.

You may cover a wide range of topics on your channel, but these are the most well-known. Advertisers pay to have their commercials seen by many people, and this popularity may come from a variety of places.

So, if there’s an area in which you have a lot of expertise, go for it. You may choose from various activities, such as playing Minecraft or producing watercolor paintings.

Learn From YouTube Stars and Creators

While everyone brings their unique viewpoint to YouTube, there is a lot to be learned from others. Consider why you like the YouTube channels that you do.

Making Money On YouTube

Making Money On YouTube

What is it about those certain producers that make you want to keep watching their videos? What kind of content do they produce? Is it because of the video’s style? Find a way to incorporate this inspiration into your work in a unique way.

After all, YouTube stars are renowned for a reason. Markiplier (Mark Fischbach), Jeffree Star, and other YouTube celebrities specialize and are quite popular. Try to figure out what makes the stars in the niche you want to be a part of the stand.

Do they frequently have chats with their followers and subscribers? During live conversations, do they utilize super chat and super stickers? Perhaps they have a fantastic crew that assists them in producing their videos. Look to those who have succeeded to learn what works.

 YouTube Can Help You Make Money!

Yes, if you want to create a distinctive channel while having fun in the process. Why don’t you give it a shot? You may be the next YouTube sensation with a brilliant concept and a little luck.

On the other hand, YouTube is not the most dependable source of money. If you wish to supplement your income with a side business, you should consider choices. Let us know in the comments if you are willing to use YouTube as a side hustle…