7 Steps to Create an Additional Revenue Stream with YouTube
At first, I thought winning on YouTube was all about using pro equipment, A1 editing, motion gfx, high production value, etc.
I was COMPLETELY wrong!
Here’s a secret: It’s not just about video quality and expensive camera gear — it’s about strategy.
You can grow a massive YouTube channel with a simple smartphone.
Here’s 7 steps I learned to make money with YouTube:
1. Understand how YouTube advertising works
To get ad revenue with YouTube, you have to qualify to be a YouTube Partner — you need to be in position for You AND YouTube to make money off of ads.
Plan for 3-12 months to qualify depending on how well you stick to this plan.
You’ll need to get 4,000 watch time hours (4k hours of your videos watched) and 1,000 subscribers. Here’s a strategy how to get them:
2. Create a Strategy to get 1000 subscribers
Think like this: Make 100 videos and average 10 subs / video = 1000 subscribers
– I’ve achieved this with less than 60 videos. In reality, your early vids will pull in 1-3 subs. As subs increase, you’ll begin averaging 10-25 subs per vid.
3. Create a Strategy to get 4000 watch hours
With 100 videos, get viewers to watch each video for 1 hour = ~4K watch hours
- Make each of the 100 videos 15-minute in length
- Get 20 views for each video
- This will land you somewhere around 60 minutes / video
4. Choose the right type of content to create
Use TubeBuddy to get stats to find 10-20 popular topics to create content on.
5. Block off time weekly to produce content
Commit to producing 2 videos/week w/the topics you found = 1 hour of work/day.
6. Create engaging and high-quality videos
Get “good enough” lighting & sound equipment. A decent smartphone camera will work! Use VN Video Editor for a quick free editor.
7. Monetize your channel with ad revenue
Apply for the YouTube Partners program even if you haven’t published a single video. Once you reach 4K watch hours & 1K subs, YouTube will notify you that you’ve been accepted.
Focus on the next 100 videos — only this time, you’ll be making ad revenue for all your efforts 💰💰💰