You're much more likely to build up revenue by getting an audience through regular content publishing, whether you're making vlogs, cat videos or just talking about custard creams.You might remember the tale of 17 year old Fred Pye - he hit the news a few years ago when he revealed he'd earned £24,000 a year by making walk-throughs for Grand Theft Auto.
pro tip: don't get sucked into all the shinny objects IM people like to sell because it's usually just an expensive distraction at best. Use common sense at all times. Having said that... don't be too closed minded because they're is that 10% that can take you to the next level. The real trick is knowing the difference which is part experience and part having a good mentor.
This side hustle can easily become a full-time job! If you’ve got expertise in an area and think you can help small businesses near you, give this a shot. For instance, Ben and I know a lot about running Facebook advertising campaigns, so we approached the owner of our gym if he would let us design a few campaigns for him. And of course, he was thrilled to get the help! Here’s a useful 18 Step Checklist for Becoming a Small Business Consultant.
This is the classic work-at-home mom gig, but it's for a lot more people than just moms! Selling stuff you love can be a great way to make extra money from home, even if you work in an office most of the day. Direct selling is scalable to your own lifestyle, ambition, and talents. You can keep it casual and mostly sell to friends and acquaintances. Or, if you really get to networking online and in person, you can build a client base outside your existing circles.
Since time is the most precious commodity on this earth, invest the time at the front-end so that you can reap the benefits on the back-end. This means putting in a bit of sweat equity and not getting paid today. Rather, you'll get paid somewhere down the road. And you'll continue getting paid whether you keep building that passive income stream or you stop. It's obvious that this is the preferred route, but clearly the road less traveled.
Nice writing style Ben. I’m finding out very quickly that to make any money writing, you have to read, read, and then read some more, no matter how smart you feel you are on a subject, before writing your first sentence. I have always been a fan of multiple income streams and am thrilled by the ideas of proofreading, editing, blogging, freelancing and transcribing. Having spent one of my careers doing just that for a large corporation, it’s a perfect fit, but now I can get credit for my work, thanks again for a great article.
Alternatively, you can also become an affiliate for brands and make residual passive income through commissions from every sale you generate through your channel. This works especially well if you review products as part of your YouTube channel. Since there's no risk involved on the brand's end (they only pay when they make sales), there's usually a low bar to getting started.
People are turning to audio and visuals when it comes to technical subjects. However, you should consider doing an ebook first and turning it into an audiobook through a resource like Audible's ACX platform. You can hire a producer either through a royalty share program, so you don't have to shell out upfront cash, or you can do a pay-per-hour hire as well.
I would have expected 22,000 views of 99%+ of the full video length with over 11 hours of Youtube red (doesn’t factor much into revenue for smaller channels like mine (~500 subs, little over half a million views per year,.. ~1000 views per day average) — anyhow I would have expected 22,000 views to bring in at least $20 .. so $10 split between those two days that spiked. But, $2 instead. (That’s a really really poor metric for the video.. that I should probably look to see what , if anything, can be done to improve).
Choose your niche and check for demand: The golden course combination is when you can find an in-demand niche that aligns with your skills and unique experiences. A great way to do this is to use Google Trends and Google’s Keyword Planner to look for average monthly search volume for keywords related to your proposed course content. Are people actively looking for high-quality information about this subject? Of course, if you’re already creating content for a blog, coaching service, or a site like Medium, you can test demand this way for free just like Bryan did.
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tomlgfouremom …so with that logic, you’re saying that roughly ONLY 319 people in the US have become rich by messing with youtube in some way? You really are a certain kind of special aren’t you. The top 1000 hell maybe even 10,000 or more youtube account holders are what most people would consider rich in some part due to youtube…so please tell me where you get your low standards from. Don’t believe BS that people tell you, especially when it’s negative, if someone says it can’t be done, it only means it can’t be done in THEIR mind, doesn’t mean it’s impossible, or even close to impossible. If you love something, go for it, jump, and maybe you might land on the other side…regardless if you do or not, there’s no loss. You either die doing what you loved for most of your life, or you died rich doing what you love….so screw the negativity!
Always disclose your affiliate relationship. Most visitors will probably understand that graphic ads will lead to your getting paid, but if you write a review or use an in-text link as a recommendation, you want your readers to know that may lead to compensation as well. This ensures you retain transparency and trust with your readers, but also, it's required by the FTC's endorsement rules.