Once you have a great product you believe and a target market, you'll need to stock a site with quality content that will help drive traffic and affiliate sales. This article has some great tips on the nitty gritty of creating your own website. Once you have your website set up, you'll want to optimized it for conversions and sales. Learn about the four qualities of an effective website.
Based on the comments I see there’s a lot of people missing the entire point of the Article. This post was not written to teach you math, it was written to show you how you can make more money on YouTube. Even if my math formula was 1+1=5, it still doesn’t change the fact that you get paid based on the engagement of the ad, NOT how many views you have.
Research. You need to know what others are selling before you decide what wares you will offer. Lots of people sell handmade items, but those who work hard to make their items unique in some way are the ones who truly stand out. After you’ve decided on a product, check out the other sellers on Etsy and find what they’re offering, and then figure out how you can do it differently.
I really disagree with this comment. Im sure you can find success in one niche if it has infinite scale and traffic sources. If you are good enough at driving targeted traffic you can be in multiple niches/products/markets with almost the same amount of effort. I have done millions in over 6 niches.. if I stayed in one I feel like I wouldn't even be close to the net worth I am now. I would focus on one working niche until you have enough stability to test 10 others. The internet landscape is always changing and most things that work are getting saturated like crazy. Stay nimble and adjust.
Alternatively, you can partner with an existing merchandising network for creators such as DFTBA (Don’t Forget to Be Awesome). However, you'll be competing with other YouTubers in a marketplace and have less control over adding products, offering discounts, integrating your content, and all the advantages that come with owning your own ecommerce site.
Write e-books. Price Waterhouse Cooper predicts that revenue from e-book sales in the United States will grow from $2.31 billion in 2011 to $8.69 billion in 2018.[6] That’s an increase of 276 percent. Since the popularity of e-books is increasing so significantly, consider using this type of media to connect with your customers. Content marketers create self-published titles on platforms like Amazon Kindle Direct Publishing and make them available for free. E-books can help you generate sales leads, educate customers about you and your products, build your brand and offer valuable information to your target audience.[7]
Take the hobby you love and do it for money...from home. The number of possible types of crafts you could make is endless--knitting, jewelry, scrapbook, pottery, ornaments, textiles and so on. To make this work, though, you have to not only create a quality product but you need to know how to market it. You can go the old-fashioned route and take your wares to craft shows and flea markets or use the Internet to expand your options. With online options like Etsy and eBay, your potential market is worldwide, but so is your competition. 
You’ve probably heard the overused term “pivot to video” at some point, which is both a joke about and an acceptance of the fact that many publishers are pushing their resources into video. Video advertisements are more expensive to buy than banner ads because they lead to higher click-through rates, which means a business can potentially make a lot more money through video than through other forms of content. So, if you can create great videos that make people want to watch and that drive ad revenue or subscriptions back to a website, you can become a very valuable asset.
It's NOT easy, but it is very profitable if you know what you are doing. And yes, there is a good potential for passive income. I find most Internet Marketing coaches are bogus, and just want your money. I learnt from someone of very high integrity called Eric Holmlund and he offers is teaching 100% free. His main angle is marketing digital products. I wrote my impression of him and his tips here if you're interested
Getaround and Turo are the sharing economy's answer to rental agencies.With Getaround, for example, you can rent out your car on an hourly or daily basis. You set the price, depending on the your vehicle's market value, and the company takes a 40 percent cut to cover 24/7 roadside assistance and driver insurance. Earning potential: From $300 to $10,000 a year
The great thing about sponsorships is that you don’t have to give YouTube a cut. Plus, you can negotiate whatever contracts you want based on impressions and the size of your audience. In most cases, the amount of revenue you generate from sponsorships is substantially more than YouTube ad revenue. (Meanwhile, you can still generate ad revenue. So it’s like having two sources of income from the same video.)

Both In-Stream and Discovery are pay-per-view -- you pay YouTube a fixed rate for every view the ad receives -- and their return on investment (ROI) can be measured in Google AdWords. YouTube tallies one new "view" after 30 seconds of watching, or a click on the video as it's playing. If the video is less than 30 seconds, views are tallied from people who watch the entire ad.
As far as Poker goes (at least for Texas Hold’em), I’d recommend sitting at a low stakes table (1/2 no-limit is the lowest most places have) and merely being observant/make casual conversation at the table for a while until you feel comfortable. If you’ve never played, just tell the dealer and they’ll be happy to help you out (most players will notice if you haven’t played before anyways so you’re not really at a loss there). Just play “tight” (a small range of strong starting hands) and that’s a pretty good place to start!
Robert said he did an average of 4-6 of these gigs per year for a while depending on his schedule and the work involved. The best part is, he charged a flat rate that usually worked out to around $100 per hour. And remember, this was pay he was earning to advise people on the best ways to use social media tools like Facebook and Pinterest to grow their brands.
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