To set up the merchandise shelf on your YouTube channel, follow these steps:
Make sure you have a Google Merchandise Store account. You’ll need to use this account to manage your merchandise on YouTube.
Go to your YouTube channel’s dashboard and click on the “Channel” tab.
Under the “Channel” tab, click on the “Merchandise” option.
Click on the “Connect a Merchandise Store” button.
Select the Google Merchandise Store account that you want to use for your merchandise shelf.
Once you’ve connected your store, you can start adding products to your merchandise shelf by clicking on the “Add Product” button.
Fill out the product information, including the product name, price, and description. You can also upload an image of the product.
When you’re finished, click on the “Publish” button to add the product to your merchandise shelf.
Repeat this process to add more products to your merchandise shelf. You can also edit or delete existing products by clicking on the “Edit” or “Delete” buttons next to the product.
That’s it! Your merchandise shelf should now be set up and ready to go. You can promote your merchandise to your viewers by including links to your merchandise shelf in your video descriptions, or by promoting your products in your videos.
In addition to the Google Merchandise Store, there are a number of other platforms that you can use to sell merchandise on your YouTube channel, such as:
Teespring: This platform allows you to design and sell a wide range of custom merchandise, including t-shirts, hoodies, and more.
Redbubble: This platform offers a variety of customizable products, including t-shirts, phone cases, stickers, and more.
Society6: This platform offers a wide range of customizable products, including art prints, phone cases, and home decor items.
Zazzle: This platform allows you to create custom merchandise, including t-shirts, mugs, and more.
Printful: This platform allows you to design and sell custom merchandise, including t-shirts, hats, and more.
You can also consider using a fulfillment service, such as Printify or Printful, which will handle the production and shipping of your merchandise for you. This can be a good option if you don’t want to deal with the logistical aspects of merchandise sales.
To use one of these platforms or services to sell merchandise on your YouTube channel, you’ll need to sign up for an account and create a store. You’ll then be able to add products to your store and link to them from your YouTube channel.
Are you looking for ways to use ChatGPT to run a business? Here are ten ideas to get you started:
Virtual assistant business: ChatGPT could be used to create virtual assistants that can handle tasks such as scheduling appointments, sending emails, and managing social media accounts. This could be a great way to help busy professionals save time and streamline their workflows.
Chatbot development: If you have a background in coding or web development, ChatGPT could be a useful tool for creating chatbots for businesses to use on their websites or messaging apps. These chatbots could be used to provide customer support, answer frequently asked questions, or handle sales inquiries.
Language translation service: ChatGPT could be used to create a language translation service that can instantly translate text or spoken words from one language to another. This could be a great way to help businesses and individuals communicate with people in different parts of the world.
Online tutoring service: ChatGPT could be used to create an online tutoring service where students can receive personalized tutoring and homework help in real-time. This could be a great way to help students who are struggling to keep up with their studies or who are looking for extra support.
Social media management service: If you’re a social media pro, ChatGPT could be a useful tool for creating a social media management service. This service could handle tasks such as scheduling posts, responding to comments and messages, and analyzing social media metrics.
Personal shopping assistant: ChatGPT could be used to create a personal shopping assistant that can help users find and purchase products online.
Virtual event coordinator: ChatGPT could be used to create a virtual event coordinator that can handle tasks such as scheduling meetings, sending invites, and managing registrations. This could be a great way to help businesses and individuals plan and execute events online.
Customer support chatbot: ChatGPT could be used to create a customer support chatbot that can handle inquiries and complaints from customers in real-time. This could be a great way to improve customer satisfaction and free up human customer service reps to handle more complex tasks.
Personal finance manager: ChatGPT could be used to create a personal finance manager that can help users track their spending, create budget plans, and make financial decisions. This could be a useful tool for individuals looking to take control of their finances and make better financial decisions.
Online therapy platform: ChatGPT could be used to create an online therapy platform where users can receive counseling and mental health support from licensed therapists. This could be a great way to provide access to mental health care for individuals who may not have access to traditional therapy services.
I hope these business ideas have given you some inspiration for how ChatGPT could be used in different industries. Whether you’re looking to start a virtual assistant business, create a chatbot, or offer online tutoring services, ChatGPT has the potential to be a valuable tool for running a business.
Q: What are some ways that ChatGPT could be used to run a business? A: ChatGPT could be used to create virtual assistants, chatbots, language translation services, online tutoring services, social media management services, personal shopping assistants, virtual event coordinators, customer support chatbots, personal finance managers, and online therapy platforms.
Q: How can ChatGPT be used to create a virtual assistant business? A: ChatGPT could be used to create virtual assistants that can handle tasks such as scheduling appointments, sending emails, and managing social media accounts. This could be a great way to help busy professionals save time and streamline their workflows.
Q: How can ChatGPT be used to create chatbots for businesses? A: ChatGPT could be used to create chatbots for businesses to use on their websites or messaging apps. These chatbots could be used to provide customer support, answer frequently asked questions, or handle sales inquiries.
Q: How can ChatGPT be used to create a language translation service? A: ChatGPT could be used to create a language translation service that can instantly translate text or spoken words from one language to another. This could be a great way to help businesses and individuals communicate with people in different parts of the world.
I hope these FAQs give you a good overview of how ChatGPT could be used to run a business. Let me know if you have any other questions!
Passive income is a real thing, and it’s not what you think. In this post, we’ll explore what passive income is and how you can earn money while doing something else.
What is passive income?
Passive income is money that you earn without having to work for it. That’s right, passive income is not a myth! Anything that generates revenue on its own, without your intervention or interference, can be considered passive income.
Why does this matter?
Because if you have a dream of quitting your day job and living the life of your dreams as an entrepreneur or freelancer who makes over $100K per month, then passive income is the key to making that dream a reality.
In fact, it’s possible for anyone with a good idea and some initial capital needed to get started!
All you need is a little know-how about how it works—and this article will give you all of that knowledge in just under 20 minutes!
How can you earn passive income?
There are a variety of ways you can earn passive income. Some people choose to sell digital products such as ebooks, websites and online courses; others may create physical products like clothing or jewellery; and still other people will simply rent out their property to tenants.
Many business owners make the mistake of thinking that they only have one option for earning passive income: creating their own business and working hard every day in order to make it successful. While this certainly is one way to generate income, there are many other options out there as well! As long as you have an internet connection and some motivation, your options are truly limitless!
People often ask me how I made my first $1000 online through affiliate marketing without any prior experience or knowledge about SEO or anything related… The truth is that anyone can do it if they put in enough effort (I didn’t even know what SEO was at the time!).
Is passive income real?
Passive income is real and it’s not a get rich quick scheme. You might have heard about passive income, but you’re still wondering if it exists. The answer is yes! Passive income is possible and there are many ways to earn passive income. It may require some work up front, but once your business starts earning money for you, then you can sit back and relax—with no need to watch the clock or worry about bill payments.
While it’s true that making money becomes less of an issue when you start earning passive income from your investments—like dividend stocks or rental properties—it can take time before this type of business becomes profitable enough to support your lifestyle needs (including retirement) without having to go back into full-time employment again later on down the road when necessary due…
Passive income is not a get rich quick scheme, but can help you make money while you sleep.
Passive income is not a get rich quick scheme, but can help you make money while you sleep. It takes time and effort to build up your passive income streams, but it’s worth the effort if you have the patience to see it through.
Passive income is a long term goal. You will have to do the hard work to build up your passive income streams before they start flowing in by themselves without any additional input from you. Patience and perseverance are key for success!
Passive income isn’t easy money. You need to do the hard work first before your earnings flow in by themselves.
You’re probably wondering, “Is passive income real?” In short, yes. Passive income is very much possible—and it’s not just limited to your bank account. But like most things in life, there are sacrifices that need to be made before you can start making money while you sleep (or while you do anything else).
Passive income isn’t easy money. It requires hard work, which means that you’ve got to be willing to put in the time and effort necessary to make it happen. You’ll want to be ready for some risks; with risk comes reward! Finally, don’t forget about learning new skills—you’ll need them if your goal is getting paid passively!
Conclusion
We hope this post has convinced you that passive income is real and not a scam. It requires hard work, but the rewards are great. If you’re still not convinced, then we completely understand! We wish you luck on your journey to earning more money for yourself and your family.
Top 5 Tools To Get You Started on YouTube
Very quickly before you go here are 5 amazing tools I have used every day to grow my YouTube channel from 0 to 30K subscribers in the last 12 months that I could not live without.
1. VidIQ helps boost my views and get found in search
I almost exclusively switched to VidIQ from a rival in 2020.
Within 12 months I tripled the size of my channel and very quickly learnt the power of thumbnails, click through rate and proper search optimization. Best of all, they are FREE!
2. Adobe Creative Suite helps me craft amazing looking thumbnails and eye-catching videos
I have been making youtube videos on and off since 2013.
When I first started I threw things together in Window Movie Maker, cringed at how it looked but thought “that’s the best I can do so it’ll have to do”.
Big mistake!
I soon realized the move time you put into your editing and the more engaging your thumbnails are the more views you will get and the more people will trust you enough to subscribe.
That is why I took the plunge and invested in my editing and design process with Adobe Creative Suite. They offer a WIDE range of tools to help make amazing videos, simple to use tools for overlays, graphics, one click tools to fix your audio and the very powerful Photoshop graphics program to make eye-catching thumbnails.
Best of all you can get a free trial for 30 days on their website, a discount if you are a student and if you are a regular human being it starts from as little as £9 per month if you want to commit to a plan.
3. Rev.com helps people read my videos
You can’t always listen to a video.
Maybe you’re on a bus, a train or sat in a living room with a 5 year old singing baby shark on loop… for HOURS. Or, you are trying to make as little noise as possible while your new born is FINALLY sleeping.
This is where Rev can help you or your audience consume your content on the go, in silence or in a language not native to the video.
5. Shutterstock helps me add amazing video b-roll cutaways
I mainly make tutorials and talking head videos.
And in this modern world this can be a little boring if you don’t see something funky every once in a while.
I try with overlays, jump cuts and being funny but my secret weapon is b-roll overlay content.
I can talk about skydiving, food, money, kids, cats – ANYTHING I WANT – with a quick search on the Shutterstock website I can find a great looking clip to overlay on my videos, keeping them entertained and watching for longer.
TikTok is a social media platform that lets users easily create, share and discover short-form videos. It’s been around for about 5 years now, and it has over 1 billion users worldwide. TikTok is one of the most popular apps in the world, but most people don’t know how much money you can make by creating content on TikTok.
Can you make money on TikTok? – Yes! Many people make a living on TikTok with the TikTok creator fund and brand deals.
In this article, I’ll explain how much Tiktokers earn from their work on the app and show you some of the top stars who are making big bucks off their TikTok channels.
TikTok is a short-form video-sharing platform.
TikTok is a short-form video sharing platform. It was founded in 2016 by Bytedance, and it currently has over 1 billion users.
TikTok is a free app that you can download for iOS or Android. Once you’ve downloaded the app, you can post original content to your feed or watch other people’s videos and react to them with “hearts” or comments.
When you watch videos on TikTok, though, the app will still show sponsored posts from brands in between them (these are called “ad breaks”).
TikTok launched a Creator Fund in 2019, which pays content creators.
TikTok launched a Creator Fund in 2019, which pays content creators. The goal of the program is to encourage people with large followings to keep producing videos on TikTok and help them grow their audiences.
The Creator Fund gives users who have high view counts and follower counts (based on either their overall following or the number of views they’ve received over the past month) access to paid features like Super Broadcasts and Super Chat.
It’s not a profit sharing program; instead, it pays out when you meet certain thresholds based on how many followers you have. (source)
Top TikTok stars include Addison Rae, Charli D’Amelio, Loren Gray, Zach King and Spencer X.
TikTok is a free app that allows users to make short videos or vlogs. The platform is home to millions of creators who post content daily and share it with their fans.
How much can you make on TikTok? – The best TikTok stars are able to earn hundreds of thousands of dollars per month from their channel, while others make a living by posting sponsored content (i.e., paid advertisements).
Here are some top TikTok stars:
Addison Rae (1M followers)
Charli D’Amelio (2M followers)
Loren Gray (2M followers)
Zach King (11M followers)
Spencer X
TikTok’s most popular users make the bulk of their income from sponsored posts for other brands.
How much can you make from sponsored posts?
TikTok’s most popular users make the bulk of their income from sponsored posts for other brands. These are called brand deals, product placements, and influencer marketing—and it’s an increasingly common way for YouTubers to earn money online.
On TikTok, there are two types of brand deals: ones that require payment up front or in advance (also known as pay-to-play) and those that don’t require any upfront payment but only take a cut based on views (referred to as pay-to-view).
A sponsor may request that their content be shown first in your video or at the end of it in exchange for offering you compensation. If you’re interested in pursuing branded partnerships with brands on TikTok, check out Promoted by TikTok for tips on how to set up your account correctly so you get paid correctly when someone watches a video with their logo in it!
The top stars can earn thousands or even tens of thousands of dollars for a single sponsored post.
In the past, many of the top TikTok creators have made thousands or tens of thousands of dollars per sponsored post. Some have even made millions!
These days, it’s much harder to make this kind of money on TikTok because advertisers are less willing to spend big bucks on influencers. But it’s still possible—if you’re one of the top creators in your category, you might be able to make a few thousand dollars per post.
If you’re just starting out as a creator and haven’t built up an audience yet, expect to earn between $0-$100 per month until then. If your videos catch fire with viewers and build up momentum over time, however, you could eventually earn more than $1k per month for posting content regularly and creating compelling videos that get lots of views (and attract sponsors).
Today, you can only give tips during live broadcasts.
Now, you’re probably wondering how to earn tips on TikTok. The answer is that you can only give tips during live broadcasts. This means you have to be broadcasting an original video or a reaction video at all times in order to collect your rewards.
Tips are not a reliable source of income on any social media platform. They’re not even much of a reward all the time! If someone likes your content and wants to show their appreciation, they will likely follow you instead of tipping you money (which is what coins and hearts are).
The amount of tips that one receives varies depending on several factors: whether they have enough coins/hearts saved up; how many people watch their videos; if the user is popular enough; etcetera…
Josh Richards has been able to negotiate several deals based on his audience size.
Josh Richards is an example of how a TikTok user can make money. His channel, JoshRichardsTV, has over 1 million followers and he’s been able to negotiate several deals based on his audience size.
“It’s pretty common for myself and other creators like me to be approached by companies who want us to do sponsored content,” says Richards. “Sometimes it’s paid upfront, but most often it’s a revenue-share deal where I get paid 50 percent after the video hits certain viewership milestones.”
Tipping as a feature could bring in even more money for creators.
TikTok is a social video platform with over 200 million monthly active users. In 2019, the company launched a Creator Fund to pay content creators. Creators earn money from the ads that run on their videos through the app’s revenue-sharing system, which works similarly to YouTube’s Partner Program.
But could TikTok make even more money if it offered tipping as a feature? Tipping is already used on some apps like Instagram and Reddit (both owned by Facebook).
With enough followers on TikTok, you can earn real money.
You can earn money on TikTok by purchasing ads and sponsored posts. But the best way to make real cash is by creating your own content, which you can then sell through the platform. This is where things get more complicated; TikTok will take a cut of your ad revenue, but it varies depending on how popular your account is. You’ll also have to pay for post production costs like editing software, camera equipment, etc., as well as any other expenses associated with making videos (music rights costs).
So how much can you expect to make? It depends on how many followers you have and how often people watch your videos. On average, users earn about $4 per 1,000 views—which means that if 10 percent of viewers clicked “thumbs up” or purchased an item from one of our sponsored ads (like hot sauce), we’d be looking at approximately $40 in earnings per video!
Conclusion
If you’re looking to make money on TikTok, you need to put in the work. It won’t happen overnight and it won’t be easy. But if you want it badly enough and are willing to put in the time, then there’s no reason why you can’t make some decent cash from your videos.
Top 5 Tools To Get You Started on YouTube
Very quickly before you go here are 5 amazing tools I have used every day to grow my YouTube channel from 0 to 30K subscribers in the last 12 months that I could not live without.
1. VidIQ helps boost my views and get found in search
I almost exclusively switched to VidIQ from a rival in 2020.
Within 12 months I tripled the size of my channel and very quickly learnt the power of thumbnails, click through rate and proper search optimization. Best of all, they are FREE!
2. Adobe Creative Suite helps me craft amazing looking thumbnails and eye-catching videos
I have been making youtube videos on and off since 2013.
When I first started I threw things together in Window Movie Maker, cringed at how it looked but thought “that’s the best I can do so it’ll have to do”.
Big mistake!
I soon realized the move time you put into your editing and the more engaging your thumbnails are the more views you will get and the more people will trust you enough to subscribe.
That is why I took the plunge and invested in my editing and design process with Adobe Creative Suite. They offer a WIDE range of tools to help make amazing videos, simple to use tools for overlays, graphics, one click tools to fix your audio and the very powerful Photoshop graphics program to make eye-catching thumbnails.
Best of all you can get a free trial for 30 days on their website, a discount if you are a student and if you are a regular human being it starts from as little as £9 per month if you want to commit to a plan.
3. Rev.com helps people read my videos
You can’t always listen to a video.
Maybe you’re on a bus, a train or sat in a living room with a 5 year old singing baby shark on loop… for HOURS. Or, you are trying to make as little noise as possible while your new born is FINALLY sleeping.
This is where Rev can help you or your audience consume your content on the go, in silence or in a language not native to the video.
5. Shutterstock helps me add amazing video b-roll cutaways
I mainly make tutorials and talking head videos.
And in this modern world this can be a little boring if you don’t see something funky every once in a while.
I try with overlays, jump cuts and being funny but my secret weapon is b-roll overlay content.
I can talk about skydiving, food, money, kids, cats – ANYTHING I WANT – with a quick search on the Shutterstock website I can find a great looking clip to overlay on my videos, keeping them entertained and watching for longer.
As we’re keen to point out on this site, the internet provides a veritable cornucopia of ways to make money.
We are fortunate enough to exist in a time when it is possible to monetise more activities than ever before, which in turn gives more people a chance to earn their living doing something they love—or at least enjoy. And the good news about this post is that we’re talking about something that allows a wide range of people to do what they love, albeit indirectly.
Teaching others is, in a way, a gateway to doing what you love, since you can be teaching a subject you are passionate about. Online courses make this possible in the most convenient and lucrative way since you produce one course and it continues to educate and generate revenue after you have stopped working on it.
So, with that in mind, we’re going to walk you through the broad strokes of creating your own online course. Let’s get started on how create online courses works!
1. Choosing the Subject Matter
Bear in mind that, whatever you teach, you need to be genuinely knowledgeable in the topic. This is why so many people enjoy making online courses—because it gives them the opportunity to work on something related to something they are already passionate about. But, depending on your level of actual expertise in the subject matter, you may need to do some research if you’re going to produce an online course of sufficient quality.
Of course, you have an area of expertise, you already have an ideal subject matter. And, if that area of expertise happens to also be something you love, all the better!
Of course, we wouldn’t be doing our job if we didn’t point out that you should do some market research and make sure that your ideal subject matter is one that people are interested in. Doubtless, there will be a market for just about anything, but an incredibly specific and obscure niche may be too small an audience to be worth the time.
Of course, you can still do it for fun.
2. Research
Even if you are thoroughly knowledgeable in your chosen subject, it’s worth brushing up on the things you are going to be covering. If you are a professional in the field you are covering, we probably don’t need to tell you this, but for people who are covering something they are passionate about but perhaps not professionally trained, it’s easy to get a little get carried away.
Remember, you are selling an educational product. If that product is flawed, its potential plummets through the floor.
3. Outline Your Course
This is another area where it can be easy for less-experienced course-makers to get carried away with themselves and regret it later. We know it’s tempting, but resist the urge to go freeform when you are putting your course together.
Write a clear outline of what you are going to cover before you start. And we don’t mean a bullet-point list of headlines! Have detailed descriptions for each section, and we’d also recommend trying to assign each section an estimated time. Ideally, you want each section to be roughly the same length.
You also state an objective for each section. That will be important a little later in this post.
4. Create Your Content
You’re well-researched, you have your detailed outline, so now it’s time to get to the good stuff. The best way to approach this part of the process will differ from person to person. Some people will prefer to write a section at a time, editing and polishing each one before moving on to the next. Others might prefer to write the whole thing all of the way through and then go back and polish it.
However you feel comfortable doing it is fine, as long as you make sure that the finished product is free of errors.
Of course, if your content is video-based (as most are), you don’t need to worry about errors in your writing because your writing is only a script. But again, be on the lookout for basic errors, and try to make your video as high-quality as possible. You can get away with a poor-quality video containing good content on YouTube, but paying customers will feel cheated.
Once your course is completed, it’s time to test. Try to find a few willing victims—sorry, volunteers—who can work their way through your course and give you feedback with fresh eyes. In particular, ask them if they felt each section achieved the objective you set out in the outline. If not, consider reworking it.
Try to remain open-minded during this stage. When you’ve put a lot of time and effort into something, it’s natural to be defensive when someone criticises it. Remember, this is a product you are selling, and your testers are only there to help.
6. Publish Your Course
With all that done, it’s time to pick a course provider and publish your course. If you have enough of an audience already, you could sell your course direct to them. There is no definitively best solution here; it’s just a matter of what works for the individual.
Most of the online course companies that turn up on the first page or two of Google are perfectly fine, so shop around and see which one looks good to you.
7. Promote!
Don’t fall into the trap of just putting something online, leaving it to sit there quietly, and then wondering why it’s not making money.
You need to promote your course. If you have an existing audience, that’s great, you can certainly leverage that. But don’t neglect other sources.
You might consider buying advertisements on YouTube or AdWords, or releasing teaser content designed to give viewers a taste of the course.
Final Thoughts
We won’t lie, creating a good online course is a lot of work. It’s certainly not something you can whip up overnight. But if you have enough passion for a subject matter and you don’t mind putting in the hours, it can be a great way to generate revenue, grow your brand, and increase your audience.
Top 5 Tools To Get You Started on YouTube
Very quickly before you go here are 5 amazing tools I have used every day to grow my YouTube channel from 0 to 30K subscribers in the last 12 months that I could not live without.
1. VidIQ helps boost my views and get found in search
I almost exclusively switched to VidIQ from a rival in 2020.
Within 12 months I tripled the size of my channel and very quickly learnt the power of thumbnails, click through rate and proper search optimization. Best of all, they are FREE!
2. Adobe Creative Suite helps me craft amazing looking thumbnails and eye-catching videos
I have been making youtube videos on and off since 2013.
When I first started I threw things together in Window Movie Maker, cringed at how it looked but thought “that’s the best I can do so it’ll have to do”.
Big mistake!
I soon realized the move time you put into your editing and the more engaging your thumbnails are the more views you will get and the more people will trust you enough to subscribe.
That is why I took the plunge and invested in my editing and design process with Adobe Creative Suite. They offer a WIDE range of tools to help make amazing videos, simple to use tools for overlays, graphics, one click tools to fix your audio and the very powerful Photoshop graphics program to make eye-catching thumbnails.
Best of all you can get a free trial for 30 days on their website, a discount if you are a student and if you are a regular human being it starts from as little as £9 per month if you want to commit to a plan.
3. Rev.com helps people read my videos
You can’t always listen to a video.
Maybe you’re on a bus, a train or sat in a living room with a 5 year old singing baby shark on loop… for HOURS. Or, you are trying to make as little noise as possible while your new born is FINALLY sleeping.
This is where Rev can help you or your audience consume your content on the go, in silence or in a language not native to the video.
5. Shutterstock helps me add amazing video b-roll cutaways
I mainly make tutorials and talking head videos.
And in this modern world this can be a little boring if you don’t see something funky every once in a while.
I try with overlays, jump cuts and being funny but my secret weapon is b-roll overlay content.
I can talk about skydiving, food, money, kids, cats – ANYTHING I WANT – with a quick search on the Shutterstock website I can find a great looking clip to overlay on my videos, keeping them entertained and watching for longer.
Like many social media success stories, TikTok seemed to come out of nowhere and just, well, take over. And, like most social media success stories, TikTok has allowed lots of content creators to shoot thanks to their popularity on the platform.
But, while similar platforms like Snapchat and Vine are either dying or are already dead, TikTok doesn’t seem to have found a solution to one of the problems that plagued these other platforms; user monetisation.
Attention spans are not what they were, so we’ll save you some time; yes you can get paid on TikTok from the creator fund, but it’s not as simple as signing up for a partner programme as with YouTube. So, if you’re interested in learning how to get paid on TikTok, keep reading!
What is TikTok, Exactly?
If you’re reading this blog, you almost certainly know about TikTok. That being said, just because you know about it doesn’t mean you know it. Especially if you’re over the age of 30. So, for those of you who have resisted the allure of this Chinese behemoth, here’s a quick rundown of what you get from TikTok.
TikTok is a video-sharing platform that focuses heavily on collaboration. Users can easily “stitch” other users’ content into their own, as well as use the audio from other users’ videos over their own content. Much of the platform is built around this dynamic. For example, clicking the sound link of a video will immediately bring up all the videos that have used that sound, as well as the original video that the sound came from.
Videos are created in a portrait aspect ratio and can be up to 10 minutes in length. In practice, the majority of the videos on the service are a minute long or less. There is also a wide range of filters and special effects, similar to what is found on Snapchat.
What is the Monetisation Situation on TikTok?
So, about the problem we mentioned above. Much like similar platforms such as Vine, Snapchat, Instagram, and even YouTube if you focus exclusively on YouTube Shorts, TikTok does not have a way of directly monetising user content.
What we mean by this is there are no ads being shown against any particular videos. And that’s probably a good thing—these videos are generally very short, and it would likely kill viewership to force people to watch an ad before each video as YouTube does.
The solution is to monetise the platform in a more general sense, inserting ads into the feed every now and again, and then coming up with ways to pass that money onto content creators. In TikTok’s case, its method of choice is through its Creator Fund, more on that in the next section.
How Can I Get Paid on TikTok?
With the way TikTok makes its money established, let’s take a look at how you can make money on the platform.
TikTok Creator Fund
The Creator Fund is how TikTok compensates the creators on its platform. A variety of factors are considered when determining how much a creator is paid, so it’s not as simple as “more views = more money”. TikTok claims that its performance metrics are dynamic, meaning you could receive different payments even though your views and levels of engagement have not changed.
There is no cap on how much you can earn from the Creator Fund, though we know TikTok has committed a fixed amount to the fund ($5.8/£2.3 million over 3 years) and we know their userbase is measured in the billions, so don’t expect to become a millionaire through the Creator Fund alone.
There are some minimum requirements to make money on TikTok, of course. To be considered for a Creator Fund payout, you must be;
At least 18 years old
Be based in the US, UK, France, Germany, Spain, or Italy
Have at least 10,000 followers
Have at least 100,000 video views in the past 30 days
Keep your account in line with TikTok’s community guidelines and terms of service
Brand Partnerships
Brand deals work pretty much the same way on TikTok as they do anywhere else. This method of monetising your content does not involve the platform itself, but rather you enter an agreement with a brand directly (or through a third-party agency), and they pay you to raise awareness of their brand or promote their products on your channel.
There are no hard and fast rules for how brand deals work. Generally speaking, the bigger your audience and engagement, the more options you are likely to have regarding brand deals. That being said, content creators with small audiences can still get brand deals if their niche aligns with a particular brand.
Selling Your Own Products
This one is pretty self-explanatory, but if you have something of your own to sell, you can leverage your success on TikTok to sell it. The product could be music, books, video games, or anything else you create. If you create content on another platform where you make money (such as YouTube), you could attempt to funnel some of your TikTok viewers there.
If you don’t have anything to sell but you have built a large following on TikTok, you can partner with one of the dozens of merch companies to sell your own merchandise, like hats and mugs.
Is TikTok a Valid Source of Income?
TikTok is like any other short-form social media platform. It is possible to make money through the platform, but the number of people who make enough through TikTok alone to call it their “job” is so vanishingly small that nobody should have “TikTok creator” as their goal.
Instead, think of TikTok as another tool in your arsenal. You can make money from it, sure, but use its potential as a promotional tool to bolster your overall revenue. And, in doing so, add a little more diversity to your income streams.
Of course, if you just want to make funny videos or dance to the latest trends, that’s fine too.
Top 5 Tools To Get You Started on YouTube
Very quickly before you go here are 5 amazing tools I have used every day to grow my YouTube channel from 0 to 30K subscribers in the last 12 months that I could not live without.
1. VidIQ helps boost my views and get found in search
I almost exclusively switched to VidIQ from a rival in 2020.
Within 12 months I tripled the size of my channel and very quickly learnt the power of thumbnails, click through rate and proper search optimization. Best of all, they are FREE!
2. Adobe Creative Suite helps me craft amazing looking thumbnails and eye-catching videos
I have been making youtube videos on and off since 2013.
When I first started I threw things together in Window Movie Maker, cringed at how it looked but thought “that’s the best I can do so it’ll have to do”.
Big mistake!
I soon realized the move time you put into your editing and the more engaging your thumbnails are the more views you will get and the more people will trust you enough to subscribe.
That is why I took the plunge and invested in my editing and design process with Adobe Creative Suite. They offer a WIDE range of tools to help make amazing videos, simple to use tools for overlays, graphics, one click tools to fix your audio and the very powerful Photoshop graphics program to make eye-catching thumbnails.
Best of all you can get a free trial for 30 days on their website, a discount if you are a student and if you are a regular human being it starts from as little as £9 per month if you want to commit to a plan.
3. Rev.com helps people read my videos
You can’t always listen to a video.
Maybe you’re on a bus, a train or sat in a living room with a 5 year old singing baby shark on loop… for HOURS. Or, you are trying to make as little noise as possible while your new born is FINALLY sleeping.
This is where Rev can help you or your audience consume your content on the go, in silence or in a language not native to the video.
5. Shutterstock helps me add amazing video b-roll cutaways
I mainly make tutorials and talking head videos.
And in this modern world this can be a little boring if you don’t see something funky every once in a while.
I try with overlays, jump cuts and being funny but my secret weapon is b-roll overlay content.
I can talk about skydiving, food, money, kids, cats – ANYTHING I WANT – with a quick search on the Shutterstock website I can find a great looking clip to overlay on my videos, keeping them entertained and watching for longer.
YouTube Shorts monetization is finally coming in 2023. A New York Times leak has hinted that YouTube Shorts will finally be added to the YouTube Partner Programme and creators will get a 45/10/45 split on all revenue with 10% going to musicians and 45% going to the platform.
Starting in early 2023, Shorts-focused creators can apply to YPP by meeting a threshold of 1,000 subscribers and 10M Shorts views over 90 days. These new partners will enjoy all the benefits our program offers, including the various ways to make money like ads on long-form and Fan Funding.
We also want to support creators who are even earlier in their YouTube journey, from gamers showing off their speed runs to trendsetting DIY makeup tutorials. A new level of YPP with lower requirements will offer earlier access to Fan Funding features like Super Thanks, Super Chat, Super Stickers and Channel Memberships. To reward creators across a range of formats, we’ll have paths for long-form, Shorts and Live creators to join this new tier in 2023. Stay tuned for more details.
To be clear, nothing will change with our existing criteria—creators can still apply to YPP when they reach 1,000 subscribers and 4,000 watch hours. But these changes reflect the diversity of our growing creator community. Creators can choose the one option that best fits their channel while we maintain the same level of brand safety for advertisers. You can learn more here.
What are YouTube Shorts?
You might be reading this and wondering “what the hell is a YouTube Short?”, but don’t worry, we’re going to fill you in.
YouTube Shorts are essentially YouTube’s answer to Instagram and Facebook Stories. They are short videos—less than 60 seconds to be precise—that are intended for continuous consumption. In essence, YouTube wants viewers to sit and watch several Shorts one after the other, with the ultimate aim being to keep those viewers on the website for longer.
Many of us will happily sit through a 10-15 minute video, and if YouTube can put the right Shorts in front of a viewer, that 10-15 minute window could see them viewing 15-30 Shorts (many Shorts are much less than 60 seconds). These videos are primarily made for mobile viewing, something that is evident when you look at the portrait aspect ratio.
While regular YouTube is the kind of experience you can set up in front of your computer or laptop head off down the rabbit hole, YouTube Shorts is more of a “kill five minutes at the bus stop” kind of experience.
Why make YouTube Shorts?
You have been on the YouTube platform for years and you have always been told to stick to horizontal rather than “ugly looking vertical£ videos – why start making vertical videos now?
YouTube wants to win the new young creator demographic away from TikTok and to do that they are pushing the feature very hard to viewers.
Your videos could show up under the first suggested video on the mobile app giving you a large boost of views. Adopt it early and you could see great results before EVERYONE uses it! Make eye catching relevant videos and you could get featured against established large youtube channels.
Imagine if you could be one of the first people on YouTube all those years ago. Or one of the first people to grow an audience on Twitter and Instagram… this is your chance at a fresh new medium, but this time its supercharged by YouTube!
Even YouTube is exited about the tool
Get discovered: Every month, 2 billion viewers come to YouTube to laugh, learn and connect. Creators have built entire businesses on YouTube, and we want to enable the next generation of mobile creators to also grow a community on YouTube with Shorts.
I have been testing YouTube shorts and seen huge jumps in views even when the channel has only 65 subscribers!
Where Can I See YouTube Shorts?
YouTube shorts are currently curated by YouTube and displayed under videos on the mobile app.
It has its own shelf that you can swap through and the youtube shorts normally match the topic of the main video above – for example if you are watching a tech tips video you might see tech related short stories.
What is YouTube Shorts sizes? ratio?
The standard aspect ratio for YouTube Shorts 9:16. YouTube may add more padding for optimal viewing. The padding is white by default, and dark grey when Dark theme is turned on.
Recommended resolution & aspect ratios for YouTube Shorts.
For 9:16 youtube shorts aspect ratio, encode at these resolutions:
Working online is turning into more and more standard because of the pliability, diversity, and income-earning potential that online jobs offer. Plus, the start-up prices area unit minimal, and there area unit a spread of gigs looking on your interest and ability set. In fact, after I started my online business some years past, it prices American state virtually nothing, and that I had very little expertise.
But through trial and error and loads of toil, I have been able to create a regular financial gain from my online jobs for students.
If you are inquisitive about beginning your own online gig, there are unit lots of opportunities accessible.
Legitimate Online Jobs For Students
With the number of online jobs for students choices, it is onerous to grasp which of them are legitimate and which of them are not price sometimes. This list covers a number of the foremost standard and doubtless profitable decisions.
Featured Online Jobs
Most of the roles during this entire list are appropriate for anyone, however, I have divided them into classes for college students, moms, kids, and academics for simple sorting. This 1st list is best for anyone just because there is such a good type of victorious individuals operating these online jobs for students, and that they do not need any special degrees or certifications.
Product Tester
Pay: $5 to $15 per hour
As we know Product testing is a fun online job for students that allows us to make money working with products that you already want. As a paid product tester, you can test and review both physical and digital products.
After signing up for a product testing company like Vindale Research, you will get matched with products from various companies. Additionally, product testing opportunities periodically arise on Swagbucks Discover; checking in on both platforms from time to time will maximize the odds you are eligible for an offer. Once you receive and test a product, you will follow the instructions and complete a survey or similar task to provide your insights and feedback.
You will be paid in money gift cards, or get to keep the product you have tested. This is not a full-time online job for students’ opportunity, but it can make a good side hustle.
Online Seller
Pay: $40 to $60 on the average per box of items
You can sell nearly something online. Furniture, unused makeup, recent cell phones, and different school area unit are all viable choices.
If you have got youngsters, you will simply sell their gently used shoes, clothes, toys, and gadgets once they have outgrown them. If you get pleasure from this sort of online job for students, you will begin reconnoitring native yard sales, insect markets, and Facebook commerce teams for things to sell
When you find a used item at a steep discount, you can sell it on a site like Decluttr to flip for a profit. The more often you do this, the more money you can earn.
Blogger
Pay: $1 to $2,000+ per month
Blogging is an internet job wherever you will be able to make money on a part-time schedule. If you relish writing and serving others, and you recognize the way to be persistent notwithstanding you are not making money, blogging may be a decent appropriate you. It usually takes at least 6 to 18 months to start making money from a blog.
The fun thing about blogging as an online job for students is that you can choose a topic you are truly passionate about, and the opportunities from blogging are virtually limitless.
The four main ways to make money from blogging include:
Advertising – You get paid for putting ads on your blog.
Affiliate Marketing – This is where you get paid a commission for any products that you sell via your blog.
Digital Products – You can sell your own eBooks, courses, etc.
Services – If you like to work one on one with people, a blog can be a great way to generate leads for coaching, consulting, etc.
Facebook Ads Manager
Pay: $1,000 to $2,000+ per month
Many native business homeowners understand they have to advertise online, anyway, they do not acumen or do not have enough workers to figure thereon. If you have got Facebook and are at home with its advertising platform, or if you are willing to place within the time to be told, you can start contacting local businesses to offer Facebook ad services.
That is what Bobby Hoyt did. An avid digital marketer and blogger, he started offering Facebook ad management services to local businesses in his area and eventually turned that operation into a sizable income for himself. He launched his own FB Side Hustle Course that teaches others how to do the same. You can do this as a side hustle or turn it into a full-time job.
Dropshipping
Pay: $25 to $500+ per item sold
With dropshipping, you set up a storefront on a platform like Shopify, list your merchandise, then have the orders shipped on to a client from the provider.
This is an incredible possibility for anyone trying to find an internet job as a result of it permits you to figure in sales while not touching the physical product throughout a dealing and earn a decent financial gain at constant time.
You can sell anything from T-shirts to event tickets and consulting services, so this is an incredibly flexible online job for students.
Though the profit margin of dropshipping is not as high as when stocking and shipping your own physical products, the benefits of a completely hands-off method make it worthwhile.
Online Jobs for Students
These online jobs for students provide flexible options and offer a balance between concentrating on your studies while earning some extra money.
Freelance Writer
Pay: $50 to $500+ per article
If you love writing and can find clients that need content, then becoming a freelance writer may be a good online job for you.
It is okay to begin on a platform like Fiverr or FreelanceWriting.Com, however, you won’t notice high-paying freelance writing jobs on these sites. To earn a good financial gain, you will get to work directly with websites, companies, or online magazines.
You can additionally explore for purchasers by connecting with diary homeowners, native businesses, and native newspapers that may like writers. Otherwise to search out jobs is to affix writing Facebook teams. The competition is often fierce, however, you will have best if you are persistent and need to enhance.
Once you have established a solid portfolio, client roster, and testimonials, you can raise your prices.
Holly Johnson started freelance writing and went from making $0 to six figures a year using her own unique strategies. Now she teaches a course for freelancers to follow in her footsteps.
Proofreader
Pay: $10 to $45 per hour
There are many online jobs for students that allow you to make money proofreading, but you should not overlook the opportunities on campus.
Consider seeking out fellow students who could use a proofreader before turning in their next paper.
Proofreading is less in-depth than editing. Rather than making extensive corrections and suggestions, you work as a second set of eyes, looking for typos, spelling errors, and other minor issues to clean up their papers before they are submitted for grading.
Textbook Seller
Pay: 15% to 50% per book sold
Students area unit excellent candidates for book reconnoitring or mercantilism textbooks online. There are unit lots of, if not thousands, of scholars on school campuses United Nations agency, has not any interest in reselling their own textbook.
You can take advantage of their lack of time or motivation and offer to sell those books for your friends on a site like Textbroker. Negotiate a selling price, along with the fee you get per book, and do the work for them. As time allows, you can even scout online book prices and buy/sell during the prime textbook season (before the start of each new semester).
Social Media Manager
Pay: $15 to $40 per hour
If you are an avid social media user, you can put your skills and time to good use by starting an online job for students as a social media manager.
Managing a business’s social media is comparable to managing your own Instagram, Facebook, or Twitter. To be visible and well-known on social media, you have got to be not simply active, but interactive. Once somebody posts a comment or non-public message to you, you wish to reply quickly
Businesses often fail at social media because they do not have someone dedicated to staying active on various social media platforms. They often do not have staff available to respond to comments, create new and engaging posts, or monitor conversations within their communities.
Local businesses offer prime opportunities for finding an online job for students as social media managers. You can send an email, but it may be good to call or visit local businesses or introduce yourself through their social media pages as a college student looking to help.
Some businesses will not be interested, while others may jump on the opportunity to get more exposure online.
Data Entry Specialist
Pay: $10 to $17 per hour
Data entry jobs square measure legit choices for faculty students, however, you must consider carefully before applying. They are straightforward, however, they have a tendency to pay less and need longer than alternative choices.
The best thing about data entry jobs is that the work is flexible and can be done in your spare time. You can take on as much or as little work as needed depending on your schedule.
If you are interested in finding a data entry job, start with a platform like Clickworker or DionData Solutions.
If you are looking for online jobs for students that are perfect for moms, consider some of these options. Keep in mind that any of the work-from-home jobs can be tweaked to work for you as well.
Virtual Assistant
Pay: $19 to $25 per hour
Becoming a virtual assistant to an Associate in Nursing already established online business is one of all the simplest online jobs to do, and you will begin before long.
Virtual assistants typically handle things like programming, client support, body help, email promoting, social media posting, journal management, and far a lot of
You can offer whatever services you feel comfortable doing, and you can add more to your menu of services as you gain experience. Or, if you prefer, you can specialize in just one or two areas.
Reach out to small business owners and online entrepreneurs, or connect with other VAs in Facebook groups. They might have leads for your first few clients or tips on how to maximize your earnings.
Graphic Designer
Pay: $25 to $50 per hour
You do not need an art degree to become a graphic designer. There square measure online jobs for students that need graphic style skills for comes like making printable sheets, flyers, announcements, ads, or Pinterest pictures.
If you have got a watch for style and acumen to use tools like Canva or PicMonkey, there is an internet job expecting you. Making stunning Pinterest and alternative social media pictures is in high demand among bloggers and website homeowners and may facilitate virtually any business to attract contemporary traffic to its website.
Niche Website Creator
Pay: $100 to $10,000+ per site
If you are well-versed in search engine optimization (SEO) and understand how to get a site ranked on the first page of Google, you could make money creating niche websites. From hiking and mountain climbing to baby-rearing, there is no limit when choosing a topic.
A niche website is not like a typical blog where you have to add fresh content weekly. Instead, you set up a few landing pages that sell affiliate products in a single niche. There is no guarantee that a certain niche will be profitable, but you can start brainstorming topics that you think are being underserved.
After you have built the site and made it profitable, you can keep it to earn passive income or sell the site on a marketplace like Flippa.Com.
Setting up a niche site is similar to establishing a regular blog. If you know how to do that, you can get started creating your niche site right away.
Website Designer
Pay: $20 to $100 per hour
It is possible to learn how to design blogs and e-commerce websites without any formal coaching because of drag-and-drop builders that simply integrate with platforms like Shopify. If you are technically inclined and may spot the variations between a handsome website and a nasty one, you would possibly be able to begin planning and building websites for others.
Designing websites does not mean you need to reinvent the internet or create complex-looking websites. It means you need to know what looks good, is user-friendly, and meets your clients’ needs.
Although it is a simple process, many people are overwhelmed by the thought of creating their own website, and it is a gap you can fill while earning a good income.
Social Media Influencer
Pay: $20 to $100 per hour
If you prefer sharing your favourite deals, books, clothes, and alternative merchandise on social media and have engineered a loyal following, you will notice work as a social media influencer. With this job, corporations pay you to market their merchandise to your audience, and you will earn a proportion of the sales they create from your affiliate or referral links.
It does not take much to become a social media influencer if you choose a niche that is profitable and one you are passionate about it. You will need to post on your social media channels consistently and engage with your followers to grow your influence and your income.
There are companies like the Amazon Influencer Program and ShopStyle.Com that allow you to post-paid links on your profile.
Amazon Seller
Pay: $15 to $100+ per hour
Everyone shops on Amazon these days, which is why you can make a good income through Amazon as well.
The conception of Amazon arbitrage is straightforward, however, the method may be tedious. You discover discounted physical merchandise at your native stores and sell them at a profit on Amazon.
Though it sounds simple, your profits will quickly decrease because of Amazon’s sellers’ fees, shipping expenses, and time spent. However, if you already pay time thrift store searching or discount searching, then this online job for students may be for you.
Tutor
Pay: $14 to $22+ per hour
Online jobs where you can tutor students are a fantastic way for teachers to make money fast. You can sign up at any of these sites and tutor students on the subjects of your expertise
Outschool (does not require teaching experience; average pay is $40 per hour)
Wyzant (set your own rate)
VIPKid (bachelor’s degree required; pay is $14-$22 per hour)
YouTube Channel Creator
Pay: $0 to $2,000 per month
Kids making videos on YouTube is a huge industry right now. Ryan, the star of Ryan’s World, made $22 million in revenue in one year. With the help of his mom and dad, his channel became popular with kids everywhere.
Unfortunately, it is not as easy as recording a video, uploading it to YouTube, and watching the money roll in. YouTube made some changes to its minimum subscriber and view requirements before a channel can start making money.
Once those minimums are met, then you can place ads on the videos to create an income stream. That is why promoting your YouTube channel on other platforms is also important.
If your kids are driven and ready to be in front of a camera, then they might love the idea of making a profitable YouTube channel. You most likely will not earn the same amount of money as Ryan’s World, but you can earn something.
Amazon eBook Publisher
Pay: Up to 70% of each copy sold
Publishing a book on Amazon Kindle is easy and simple, but it is not a guaranteed way to make a lot of money. The books need to be well-written, edited, have a catchy cover, and have a clear marketing strategy. However, if you have a good idea, eBooks provide a way for your aspiring writer or illustrator to start earning some income.
If your teen has a talent for writing stories or drawing cartoons or picture books, you can help them start creating and uploading books to sell. This may be a fun way for them to earn money with their creativity.
Find Something You Like and Run With It
If you are interested in earning money online, there are many choices. To search out the proper one, brainstorm and admit your hobbies, skills, and abilities and choose one that works with those. If you cannot notice an associate degree existing job, you will be able to even produce one.
The best half regarding online jobs for students is that you simply will observe money from home by doing quite one gig or job at a time. If you wish to possess a diary and tutor, otherwise you need to possess an associate degree Etsy store and a YouTube channel and may work it all into your schedule, you can. A lot of you will be able to do to maximize your financial gain to realize your money goals, the higher you will be within the end of the day.
Perhaps you’ve recently considered leaving your full-time job to undertake a new challenge in your career. From freelancing, or even turning your side hustle into a full-time gig, there are various reasons so many people have recently decided to permanently quit the workforce.
Due – Due
While self-employment does offer better flexibility in your schedule, the ability to be your boss, and having the relaxation to work from home, it’s no wonder more than four million people were seen quitting their jobs during January 2020.
Times have been changing since the advent of the pandemic, and extended lockdowns have shown people that starting their own business can be financially beneficial if done right, and not having to answer to anyone else can help improve innovation and productivity.
Yes, being self-employed has its perks, and it’s become undeniable that working from home, and being your own boss is a lot more attractive than being stuck in an office or having to work for a company that doesn’t have the same moral stance as you.
Starting a business, whether it’s in your hometown, or perhaps somewhere else also brings financial constraints, even if it looks like the grass is greener on the other side. There are a lot one first needs to consider before making any drastic changes.
So whether you may be currently caught in the middle of leaving your job, or maybe you’ve already quit, it’s time to start talking about the financial mistakes you may endure in your time as a self-employed individual.
From budgeting, time management, work-life balance, and saving properly – there are a number of mistakes freelancers and the self-employed are making, and this article will help you avoid those mistakes.
Not Budgeting Properly
Right from the start, it’s time to get your finances sorted. Now that you’ve left a steady job, and a full-time salary, you need to start budgeting a lot better. Counting every dime and nickel you spend, and cutting back on unnecessary expenses.
There’s a simple equation that works, and it’s one you can apply to either when you’re freelancing, or when you still receive a monthly paycheck.
Split your earnings as follow:
50% Needs: These will be important bills such as utilities, mortgage, rent, and groceries.
30% Wants: This can be for things you want at a certain time, such as luxuries, or eating out now and again but aren’t truly a necessity.
20% Savings: It’s advised that you put at least 20% of your earnings in savings, an emergency fund or perhaps return that money into the business
If you’re operating a small business from home, or online, you will have to make cutbacks on your wants, as this will help you save a lot more, and you can use any excess cash to support the business.
Inadequate Use of Time
Perhaps one of the reasons you decided to work for yourself or start your own business is because it gives you the ability to spend more time with your family and do what you enjoy. While this may be the case, a lot of entrepreneurs, freelancers, and self-employed people still don’t understand the value of time.
Now that you have more time to do a lot of different things, it should be second nature to prioritize certain tasks and projects. Consider work that’s a high priority, and get that out of the way first.
Have a diary or tabletop calendar where you can write down important tasks that need attention. Focus on the important things first, before you go on to complete other projects.
Yes, having balance as a freelancer or self-employed person isn’t easy, working from home and maybe still having a family, but consider how every minute or hour you’re spending doing something unimportant, you could be using that time to learn a new skill, grow your network, look for new clients, or finalize a certain project.
Time is money, and it’s a standing fact you need to grasp right from the very start.
Unable to Separate Business and Personal Expenses
So perhaps you might have an idea on how to budget now, but you’re still not seeing any money come in and being put back into your business or entrepreneurial ventures.
Separating personal and business expenses is one of the main reasons a lot of small businesses, or freelancers can struggle to make money.
Although your new self-employment may only start taking off, you need to consider the money that’s coming in, and how it’s being divided.
For personal expenses, use your checking account, as money comes into the business, pay yourself a small salary, if possible. That account and money can now be used for personal purchases.
Any business-related purchases should be captured in a spreadsheet for tax-related purchases, and to ensure you don’t overspend on the business side.
As the business grows, or you start getting more jobs, you can start thinking of setting up a business account. Just remember, once you set up a business bank account, there can be tax-related expenses and filing you will need to adhere to, so be sure your business is on a level of income before opening a business bank account.
Not Tracking Expenses and Revenue
This goes hand-in-hand with separating personal and business-related expenses, and you must consider what you’re spending, over how much you’re getting in.
Some business owners tend to overspend, purchasing new stock, or goods when it’s not needed, or perhaps even when there’s not even cash flow to make a large purchase that isn’t needed right now.
It’s vital to the success of your business or freelance career that you keep track of how much is being spent, over the amount you’re making. If you’re a freelancer that works from home, purchasing expensive office equipment you might not require right now can make a dent in your budget.
The same goes for an entrepreneur making large business purchases when there’s not sufficient cash flow to sustain it.
Make sure that expenses are not more than your revenue or income, if you start seeing red on your books and in the budget, then it’s time to start paying closer attention to your budget.
Savings. Savings. Savings.
So perhaps you already had a healthy-looking savings account before you quit your job. By now, you started using some of that savings to either get your business off the ground, making necessary payments until actual money starts coming in, or you paid off some outstanding credit card debt.
Whatever you spent your savings on, it’s important that you now look to put back what you have taken out. It might not be possible immediately, but over time as you start generating a substantial income, you can place a portion of your revenue or income into your savings.
Your savings is your lifeline when you reach a point when sales were lower than you anticipated, or perhaps you haven’t received as many contracts as you’d hoped for.
Keep track of how much money you’re setting aside as an emergency fund, as you’re now completely in control of your money, expenses, and the income you make, you have to consider the seriousness of your savings.
Before anything else, make sure that you set aside at least 20% to 30% of your income into a savings account. You can also be smart about it, and place it in an account that receives a decent percentage of interest every month, or in a mutual fund.
Be sure to do proper research before you start looking at various ways you can make your savings grow, as you can run the risk of losing it as well.
No Efficient Tax Planning
Taxes are different for self-employed workers or working as a freelancer, and the sooner you get on top of it, the better.
For self-employed people, you will generally report your income and withhold your own taxes. There could be a possibility that you will need to pay a self-employment tax as well, and if you operate a small business, there could be business-related taxes that need to be filed as well.
Freelancers would also need to learn the rules of what to file, withhold and report, especially if you work from home.
It’s good that you plan for taxes as you start your new career ventures, as it’ll help you see how much money you need to set aside for taxes.
There are also different categories for business tax and freelance taxes, which can range from business expenses and purchases to personal expenses that can be filed as a business purchase. It’s a tricky and complicated system that if not properly understood, can cost you quite the amount of effort and money.
Now that you’re self-employed, and being your own boss, it’s time that you start taking better care of your finances. Not having that hefty paycheck each month, and having to make your own money comes with a lot of responsibility.
The better you understand how to work with money, and how to budget and save up for an emergency, the more comfortable you’ll become with business and personal finances.
It wasn’t that long ago that making YouTube videos were created just for fun. But now, it’s one of the highest-paying jobs on the planet. Content creators are making a living out of ad revenue, sponsorships, and using their influence to branch out to other business ventures. The competition is high, but here are the 20 of the richest YouTubers dominating the video-sharing platform right now.
Top 20 Wealthiest YouTubers of 2022:
1. Jeffree Star – $200 Million
The makeup artist and former musician is on the top of the list as he is a master of promoting his own brand, Jeffree Star Cosmetics, using his YouTube channel. He makes beauty content and shares his opinion on confidence, self-image, and fame.
Jeffree made money before YouTube by doing various makeup and modeling gigs. He also joined Myspace and gained a large following. He later started a YouTube channel to endorse his music. But when it didn’t work, he launched his own business.
With 16.1 million subscribers, he is far from being the most-subscribed YouTuber, but it’s enough to make him the wealthiest. His company alone makes him over $100 million yearly. Combine that with his other income sources, and Jeffree gets a $200 million estimated net worth.
2. PewDiePie – $40 Million
Felix Kjellberg, also known as PewDiePie, is dubbed by many as the king of YouTube. He has been on YouTube for a long time, popularizing commentary and reaction videos relating to video games and other pop culture topics.
PewDiePie was always passionate about gaming in his youth, so he recorded himself playing his favorite games. It wasn’t easy at first as YouTube didn’t have the monetization feature yet. He supported his lifestyle by selling artwork, working in the harbor, and running a hot dog stand.
He had the biggest YouTube channel for a long time until T-Series dethroned him after their rivalry. Still, he remains the most popular individual user on the site with 111 million subscribers and a net worth of approximately $40 million.
3. Markiplier – $35 Million
Markiplier is a YouTuber who makes comedic sketches and gameplay videos. Like PewDiePie, Mark has a long history on YouTube. He is a pioneer of the sketch style of playing every character involved.
He has created multiple YouTube channels throughout the years because of different reasons. The first time was when his Adsense account was banned. So, he made MarkiplierGAME. He is also a part of the now-deleted Unus Annus channel.
Now, his self-titled main channel has a subscriber count of 32.3 million. Mark has also found success in other ventures, such as podcasting and voice acting. He has a net worth of around $35 million as a result of his endeavors.
4. DanTDM – $35 Million
Originally referred to as TheDiamondMInecraft, DanTDM is another content creator who got most of his fame and fortune by playing video games. He primarily plays Minecraft, but he also tries other games, like Counter-Strike: Global Offensive and Pokemon.
In the category of dedicated Minecraft YouTube channel, he set a Guinness World Record for the most views. Dan also broke the record for the most goals scored by a Rocket League squad of two or three players in a single game.
Dan has acquired a total of 26 million subscribers. With this following, he wrote the book titled Trayaurus and the Enchanted Crystal in 2016. He did a book tour and starred in a YouTube Red series the following year. He has a net worth of nearly $35 million.
5. Ryan’s World – $32 Million
Ryan’s World is one of the most recognized YouTube accounts for children. In this channel, a child named Ryan Kaji reviews toy products, performs DIY science experiments, and completes numerous tasks.
It was previously known as Ryan ToysReview, but it was later renamed to its current moniker as Ryan tried new things. The 10-year-old’s mother had given up her full-time career to work with her son for this channel.
They currently have nine total channels, but they garnered 32 million subscribers on their main account. There’s a Spanish and Japanese version of Ryan’s World. They also sell merch, which is mainly toys and clothing. This gives Ryan a $32 million net worth at a young age.
6. Dude Perfect – $30 Million
Cody Jones, Tyler Toney, Garrett Hilbert, and twins Cory and Coby Cotton make up Dude Perfect. They gained popularity by making trick shot videos. Now, they are also doing other wild challenges and fun video series.
The five members were all roommates in college at Texas A&M University. They started by recording trick shots at Tyler’s ranch. When their videos became viral, ESPN called them and asked to feature them.
Dude Perfect has amassed 57.3 million subscribers. Players from several professional sports leagues have collaborated with them. They also created a mobile game with the same name as their channel. Now, the group has a total of $30 million in net worth.
7. MrBeast – $25 Million
This may come as a surprise to some, but MrBeast is not the wealthiest YouTuber alive. He just likes to make philanthropy and challenge videos in which he gives away thousands, and sometimes millions, of dollars to random people and organizations.
Jimmy began posting on YouTube as MrBeast6000 when he was 13 years old. He started getting mainstream attention in 2017 when he made unique vlogs and rigorous challenges.
MrBeast is now close to getting the Red Diamond Play Button as he racked up 91.8 million subscribers. This fame also helped him launch other ventures such as Finger on the App, MrBeast Burger, Feastables. That’s why it’s not surprising that he has over $25 million in net worth.
8. VanossGaming – $25 Million
Evan Fong, popularly known as VanossGaming, is a Canadian online figure, creative director, gaming commentator, and disc jockey. He showcases most of his talents on his YouTube channel.
He created his YouTube channel around the same time he went to college to study economics. When he began to devote more time to content creation, his parents became concerned. But everything worked out in the end for Fong.
He is regarded as a key character in the expanding video game commentary subculture. This is how he got 25.6 million people to subscribe to his channel. He also makes money as a DJ called Rynx. It eventually gave him an estimated net worth of $25 million.
9. Ninja – $25 Million
Ninja, whose real name is Richard Tyler Blevins, is a professional gamer known for streaming Halo 3, Fortnite, PUBG, and more. Team Liquid, Cloud9, Renegades, and Luminosity Gaming were among the teams he played for.
He never went to a university and started streaming in 2011. He was slowly getting viewers at first. His mainstream media debut came in March 2018, when he streamed Fortnite with Travis Scott, Drake, and JuJu Smith-Schuster.
At the time of writing, Ninja’s subscriber count is hidden, but it’s known that he reached 23.9 million in the past. Apart from YouTube, he has many fans on Twitch, even becoming the most-followed channel on the platform in late 2021. He now has a net worth close to $25 million.
10. Rhett and Link – $24 Million
Rhett James McLaughlin and Charles Lincoln “Link” Neal III are a comedic pair that dubs themselves as the “Internetainers”. They have made several comedy projects together, but perhaps their most successful one is the web series Good Mythical Morning.
The duo met in first grade at a North Carolina elementary school. They went on to share a dorm room at North Carolina State University. They both worked in their respective fields for a period while also creating skits.
Their Rhett and Link channel has 4.99 million subscribers, while Good Mythical Morning has 17.5 million. They run five channels in total. They are also the current owners of another comedy group called Smosh. With this, the two have a combined net worth of $24 million.
11. James Charles – $22 Million
As a creator who thrives in the beauty genre, James Charles Dickinson is known for his makeup tutorials. He has stated that cosmetics is a creative expression and an art form for him.
He got into beauty by assisting a colleague with her makeup for a school dance. He eventually taught himself how to do it alone and began doing it professionally for others. James started his channel while working as a small makeup artist in New York.
James has about 24.2 million subscribers currently. After a tweet displaying his makeup made headlines, he was named CoverGirl’s first male brand ambassador. He’s over $22 million after releasing his own makeup line.
12. Jake Paul – $22 Million
Jake Paul is a vlogger who has turned his focus to celebrity boxing. His YouTube channel is known for its pranks, controversy, and music. He is a part of Team 10, who dropped the song, It’s Everyday Bro, which received mixed reactions from listeners.
He first became known on Vine and then for his role as Dirk Mann on the Disney Channel show Bizaardvark, which he played for two seasons. Paul has been the target of numerous controversies during his career as a result of his actions.
Even with the disputes, Paul has gained 20.4 million subscribers. As of his professional boxing career, he has a 5-0 record. Content creation and boxing made him one of the most prosperous YouTubers today, worth $22 million.
13. KSI – $21 Million
JJ Olatunji, alias KSI, is known for posting hilarious reactions and gaming commentary videos on his YouTube channel. He is also involved in celebrity boxing, and he releases his own music. He is also a member of the British influence group Sidemen.
In 2008, he began publishing gaming videos on YouTube, and most of them were about FIFA. He drew a large number of viewers and quickly increased his material coverage.
The JJ Olatunji channel, where he uploads his vlogs, has 14.8 million subscribers while his music account, KSI, has 23.7. JJ was the first rival of Jake Paul in their amateur boxing career. It ended with a draw, and both turned pro later on. This contributed to KSI’s current net worth of $21 million.
14. Preston Arsement – $20 Million
With multiple gaming channels, Preston Arsement is one of the leading content creators in his category. He mainly plays Minecraft, and he’s a part of The Pack, a Minecraft community he started with his friends. He also makes videos from the Minecraft server he runs.
Like many gaming creators, Preston has been a video game lover since childhood. He eventually decided to skip college and create the TBNRfrags channel with two of his friends, TBNRKenWorth and ChocoTheChocobo.
TBNRfrags has reached 7.53 million subscribers. But later on in Preston’s career, he decided to make a channel of his own. It now has 19.3 million subscribers. Arsement’s online pursuits have earned him a net worth of over $20 million.
15. Like Nastya – $20 Million
Like Nastya is the second children’s channel to make it on this list. The channel stars a little Russian girl named Anastasia Radzinskaya, who often does toy unboxing, reviews, and travel vlogs.
At birth, Anastasia was diagnosed with cerebral palsy. Her parents both worked and owned businesses that they eventually sold. They devoted all of their time to caring for their daughter, eventually making a YouTube channel dedicated to her.
Fortunately, the girl is doing well now, and their efforts have earned them 89.2 million subscribers. They translated their videos into different languages. It helped Anastasia gain a net worth of approximately $20 million at eight years old.
16. David Dobrik – $20 Million
As a long-running social media personality, it’s not a shock to many that David Dobrik is one of the most affluent content creators on the planet. His YouTube channel featured individuals with whom he had previously collaborated on other platforms.
David started out on Vine. Before Vine was shut down, he had over a million followers. Because of this, he was able to shift to YouTube faster than most other influencers.
The Slovakian personality continues to grow with his 18.3 million subscribers. He made a second channel, David Dobrik Too. He uploads challenge videos and blooper clips there. David also has a podcast with Jason Nash. All of this amounts to a net worth of around $20 million.
17. Lilly Singh – $20 Million
Formerly called Superwoman, Lilly Singh is an accomplished comedian and actress. Her YouTube channel is full of skits and crossovers with well-known celebrities.
Singh had planned to obtain a degree as her parents had wanted but instead chose to make YouTube videos. She decided that if her YouTube career did not take off, she would return to grad school. But her YouTube channel exceeded her expectations.
She now has 14.7 million subscribers and has been involved in projects outside of YouTube to improve her wealth. She got the chance to make music, host a talk show, and tour the world. Though she still studied for a degree, she also has a net worth close to $20 million.
18. Logan Paul – $19 Million
Logan is the big brother of Jake Paul. The siblings have a similar career and content, consisting of pranks, challenges, and vlogs. Both of them have been involved in several controversies and have dived into the world of professional boxing.
At ten years old, Logan was already making videos. In 2015, he was the most famous Vine creator. He moved on to act in some television programs and even write a screenplay.
He now has 23.4 million subscribers. Aside from his typical content, he’s a frequent guest at boxing, mixed martial arts, wrestling events. He also hosts a podcast titled Impaulsive that adds a lot to Paul’s $19 million net worth.
19. Blippi – $16 Million
Blippi, also referred to as Stevin John, is a popular children’s entertainer who can be seen on a handful of streaming platforms. He depicts a lively and curious character in his informative videos so that kids can relate to him.
Stevin didn’t start out as Blippi. In fact, he was far from child-friendly in his early days of playing characters. He portrayed Steezy Grossman, a child born as feces.
Switching to a different look is perhaps the best decision he’s made now that he has 15.1 million subscribers on YouTube. He also makes foreign language videos and releases them to various platforms. That’s why Blippi is worth $16 million.
20. Roman Atwood – $14.5 Million
Roman Bernard Atwood was known initially for his prank videos. However, he ultimately transitioned to another content style. He made vlogs, in which he chronicles his daily activities.
While still in high school, Roman Atwood began filming and making videos. He even made The Nerd Herd DVD series. In Columbus, Ohio, he’s also worked on a number of films and commercial gigs.
His original prank channel earned 10.3 million subscribers until he stopped posting there in 2016. Now, he is active on his second channel. Overtook the first one with 15.5 million subscribers, giving Roman Atwood a 14.5 million net worth.
Whether you’re looking for ways to make extra money online or on your PC, or heck — even your cellphone! Stick around, your 2022 is about to get a whole lot better.
1. Leveraging the gig economy
There are tons of websites out on the internet that provide you the opportunity to earn some extra money — using skills that you already possess and equipment you may already own.
I’m talking about the gig economy here. It’s a great way for people to make money and earn a steady and passive income — all in the comfort of your own home. These sites only require that you sign up, with some offering premium subscriptions to boost sales and grant access to features like bidding on more proposals.
Some of these include
Freelancer
Upwork
Fiverr (⭐ my personal favourite)
TaskRabbit
2. Writing
“O Romeo, Romeo, wherefore art thou Romeo?”. Alright, alright, I admit, not all writing is Shakespearian. But you’ll definitely need some strong lingual skills to be able to qualify as a copywriter. Luckily it’s not like in the olden days, using typewriters, amiright?
But seriously though, there’s a chance you’ll make some really good dough (👏 3 claps for the rhyme) writing as a skill.
Here are just some of the ways you’d be able to get some moola typing away on your fancy keyboard or whatever:
to some degree, you’ve probably done some coding before. Coding, programming or developing, as some may call it, would stand the test of time (at least for now) to be one of the most lucrative ways to earn extra money, or even as your main source of income.
There are plenty of resources out there that use low-code/no-code to build you an app or website, and then of course, there are the hardcode coders (like me) that write everything line by line, binary di — okay fine, that last part is definitely over exaggerating a bit.
But on a more serious note, you can make money writing websites, apps, making cloud platforms, or using low code or no code platforms.
Pretty cool, right?
4. Content Creation
The internet has gifted us many platforms that we can leverage to gain unfathomable wealth and extra money out of this world — if we use them correctly. This one’s a bit tougher than the rest, though. It requires a LOT of upfront time investment, unlike some of the other items on this list.
I’m talking about platforms like YouTube, or writing your own blog using Medium. It’s an incredible way to generate an income — both passive and active. YouTube, for one, have birthed many millionaires with the likes of Jake- and Logan Paul, PewDiePie (a.K.A. Felix Kjellberg) in the last decade and a half of it’s existence, and it’s never too late. New YouTubers are always on the rise, making it to the top with high quality content.
5. NFTs and Cryptocurrency
NFTs and Cryptocurrency exchanges have become one of the fastest ways to amass some great deal of money through the owning and selling of digital assets. Binance’s Initial Game Offer promises great rewards for those who invest early and yield the best results.
One game that’s pretty awesome (and that’s had a piece of it’s plot essentially sold for at US$7.2 million! That’s crazy!) is Axie Infinity. It’s downloadable via the Google and Apple stores, and it’s free!
6. Affiliate Marketing
Affiliate marketing is an advertising model in which a company pays others (e.g bloggers) to advertise their products and services and generate sales. Here, I’ll use an example. I write a blog (like this one) and I post a link to an item I’d recommend buying — say, a camera — through Amazon’s Affiliate Program, and if you end up buying said camera, I’d get a portion of the sale as commission!
Here are some high paying programs:
Elementor
AWeber
Sendinblue
ConvertKit
Leadpages
GetResponse
SEMRush
Fiverr
7. Create a blog
Now folks, if you’re an avid writer, or you are just really passionate about a specific thing or niche, then, as an expression, blogging could potentially monetize said passion!
Think of something — anything — and start a blog on that. Heck, you can even start right here on Medium like I did!
8. Try Drop-shipping
And I do mean this in the best way possible — drop shopping is stupidly easy to set up, but would, for some, be quite challenging to keep the ball rolling.
Luckily, Shopify has made it incredibly easy to create and run an online store. Drop-shipping from China’s biggest, like AliExpress and DHGate are quite common. But if you can manage to score a local distributer that’s willing to let you drop ship their product — you’ve got a winner!
9. Set up an Online Course
If you have a skill, and you can articulate said skill, then look no further than online education.
Online education, with the likes of Skillshare, Pluralsight and Coursera have made inroads in the last couple of years, upskilling individuals from courses that YOU can create and earn from.
Social media platform Pinterest (PINS) makes money from advertising. Shares started trading on the New York Stock Exchange on April 18 under the symbol “PINS.”
Founded in 2010, Pinterest went public on on April 18, 2019. Its initial public offering (IPO) price was at $19 per share and it raised $1.4 billion, giving it a valuation of roughly $12.7 billion including restricted stock and options. As of Dec. 3, 2021, the company had a market capitalization of $23.3 billion. Roughly 431 million users, or “pinners,” use the bulletin board-like platform every month to browse and share images and other content in the form of “pins.”
Key Takeaways
Pinterest makes its money via advertising, specifically, promoted pins. These promoted pins are ads that look similar to user-generated pins (posts).
The company has integrated a “buy it” button which permits users to buy pinned products directly from Pinterest, rather than visiting a separate merchant site.
In 2021, the company generated $2.57 billion in revenue but posted a net loss of $316 million.
Opportunities for increasing revenue that Pinterest plans to pursue include greater international expansion, focusing on video and increasing ad capabilities, as well as pursuing its own e-commerce efforts.
Pinterest History
The company, which grew out of an app called Tote that dated from 2008, received $100 million in financing when it was valued at $1.5 billion in 2012. The funding firms included Rakuten, Goldman Sachs (GS), and Andreessen Horowitz. It was valued at $12.3 billion during its last round of funding in 2017. The company has a dual-class structure.
When it was founded, Pinterest seemed to follow the model of social network sites like Meta Inc. (FB), formerly Facebook—meaning that it aimed to develop a massive network of users first and then to install means of generating revenue later on. Pinterest $756 million in revenue in 2018, a jump of 60% from the previous year. The company generated $261 million in revenue during the second quarter of 2019, a 62% year-over-year increase.
“Our advertising products help businesses reach Pinners across their decision-making journey,” said the company, which cited a Talk Shoppe survey that said 68% of weekly active users discovered a new brand or product on Pinterest.
“We address various advertiser objectives through our Promoted Pin ad format, which contains either a single image, a carousel of images or video. Our ability to develop new and improve existing advertising products will be an important driver of our future growth.”
So just how has Pinterest come to be one of the most-hyped social media companies among investors and what is a promoted pin?
Monetizing Pins on Pinterest
Before looking at more traditional means of generating revenue, it’s worth looking at how Pinterest has utilized its unique pin system to create opportunities for monetization. The company has integrated a “buy it” button which permits users to buy pinned products directly from Pinterest, rather than visiting a separate merchant site.
Merchants participating in BigCommerce, Shopify, or Salesforce Commerce Cloud are allowed the opportunity to partner with Pinterest; it’s unclear whether Pinterest charges any commissions from these partners.
Promoted Pinterest Pins
Pinterest’s primary source of revenue is what it calls “promoted pins.” These special pins are effectively advertisements, paid for by identified sponsors. As with Facebook’s timeline feature, promoted pins look very similar to (but not exactly the same as) standard pins. Pinterest utilizes user data to target advertisements based on user interests and searches, as well as other demographics. Given that users pin items that they are interested in already, this process is relatively straightforward for the company.
Pinterest’s revenue is driven by interest and use of its platform, which is increasingly popular among fashion and beauty brands. Given that the users of Pinterest are overwhelmingly female and have above-average incomes, using its platform as an e-commerce gateway is more than ideal.
Next Steps
Pinterest’s user base has grown over the years, where it’s carved out a niche that allows it to not directly compete with the likes of Facebook. Pinterest’s leadership has adopted a much less aggressive approach to growth than its competitors. Revenue has grown since the company has gone public, but so has its net loss, as the company has ramped up spending on sales and marketing and research and development.
One big future opportunity is being able to tap the international markets, where Pinterest currently has little reach. Beyond that, Pinterest is interested in building out its e-commerce efforts (what exactly that looks like remains to be seen), as well as continuing to develop advertising tools— including video capabilities—for advertisers.
YouTube and blogging are two powerful ways to earn a fairly passive income online. YouTube is a visual platform that relies on video content while blogging gives you a little more licence to deep dive into ideas with writing, images and videos blended into a comprehensive article.
But how can you monetize your youtube channel and blogs, and what one is more profitable?
Lets look into making money online in the first place. You can make your site a profitable business by monetizing it in the following ways:
Affiliate Marketing
It’s one of the most popular ways that bloggers use to make money. with this type of marketing, you need to promote certain products that belong to other businesses. So, every time a person buys the product through your affiliate link, you earn a commission.
Some of the most popular affiliate programs include:
Amazon associates
Commission junction
ShareASale
Publish Sponsored Blog Posts
You can get paid to write and publish a blog post on your site. This is simply sponsored content, and it offers one of the best ways to improve your blog monetization strategy. A business organization, company, or individual can pay to create content about their products. In some instances, they might prepare the content themselves and then give you for publication. Some of the best blogger networks that can provide you with such opportunities include:
BlogDash
ValuedVoice
Sell Ad Space
If you have ad space on your site, you can sell it at a set price to an interested buyer. This sounds better than getting a small amount of money every time someone clicks on your ad, and you simply charge a flat rate.
Write Product Review
Once you have built your site and become a reputable writer, you can get paid to write reviews. You can try out a sponsored product, write a product review about it, and get paid to do that job. But it’s important to find a niche that you understand and products relevant to your audience. For instance, if your blog is about health and fitness, it will make sense to review supplements, smartwatches, wellness applications, and fitness apparel.
Get AdSense
When you start writing and publishing content for income, advertising is usually at the back of your mind since you want to profit from your work. The easiest way to monetize your blog is by using Google AdSense, i.e., an Ad Network run by Google. AdSense usually displays adverts on websites, and when a visitor clicks on it, you make money.
YouTube.
Just like blogging, there are several ways you can use to monetize your YouTube channel. If you are in the YouTube Partner Program, then you can earn money through:
Ads
If you meet YouTube’s advertiser-friendly content guidelines, then you can turn on ads. You can check your eligibility by checking out the self-certification examples and guidance found on this platform.
But understand that choosing to turn on adverts doesn’t mean they will automatically appear on your video. Your content must go through the standard ads process that includes human and automated reviews to determine if it meets the guidelines. Besides that, you need to have all the rights to the audio and visual elements in the video. YouTube has two types of ads options; hence you can turn on ads for:
Individual videos
Multiple videos
Merch
YouTube has a merchandise shelf that allows interested creators to sell their branded merchandise on this platform. Note that this feature usually appears on certain video pages that are eligible channels.
Memberships
Allow viewers to join your channels via monthly payments. However, you should be ready to give them members-only perks such as emojis, badges, and other types of goods. YouTube has policies and guidelines to help eligible account holders.
Chat and Super Stickers
You can turn on this feature and connect with your fans during live chat. Making super stickers and chat content can earn you up to$500. Viewers can purchase the super chats option to highlight your message in the live chat.
Premium Revenue
YouTube premium revenue will automatically turn itself on. If a viewer is subscribed to YouTube Premium, then every time they watch what you publish, you will earn part of the fee they pay for their premium account.
In this blog vs YouTube earnings overview, it’s clear that both platforms offer multiple channels of earning money. However, more people prefer to watch videos rather than read blogs, and this is because they have a better chance to view content in a “live” way.
Q: When to get AdSense
If you are a blogger, you can apply for AdSense once your site starts receiving at least 100 unique visitors daily. Blogging rules have changed, and it may be quite difficult to get accepted, especially if your site doesn’t generate a reasonable amount of traffic every day. Besides that, you need to have a Google account, e.g., Gmail, to use AdSense. With YouTube, you need to have at least 1000 subscribers with a total of 4,000 watch hours.
Q: Does AdSense Pay Per Bloggers Per View?
Blog: No. AdSense doesn’t pay bloggers based on ad views. Instead, people get paid using cost-per-click (CPC). This is an established payment system that allows you to receive a portion of your payment when a person from your target audience clicks on the targeted ads by Google AdSense. So, if one of your users clicks on your ad, you should receive 68% of the payment as the publisher.
Q: How Much Does AdSense Pay Per Click/View?
Blog: Your commission is 68% of the total click amount, but this can go down to 51% in AdSense for search. Generally, the amount you get in terms of the commission depends on the existing competition on the Google Search engine platform and the CPC in that niche. The commission per click usually ranges between $0.20 and $15.
YouTube: according to various sources, you can earn between $0.01 and $0.03 per view with YouTube AdSense, but this amount usually averages out at around $0.18 per view. Like blogging, Google will pay you 68% of the generated AdSense revenue, and so for every $100 that the advertiser pays, you get $68 as the publisher.
Q: How Can You Improve Your AdSense Earnings?
For bloggers, AdSense earnings matter. To maximize your AdSense revenue after monetizing your website, here’s what you need to do:
Craft High-Quality Content
Your content is what will make you stand out. Valuable content will always get more clicks, which will organically raise your revenue. This is because it will generate more traffic and leads. By doing so, your chances of getting more clicks will increase, making your site attractive for product or service advertisers.
When crafting content for a specific niche, look at what your competitors are doing first, including their writing styles. This way, you will know what’s expected of you and how you can uniquely craft your content for your audience.
Use the Right Keywords
A combination of engaging, high-quality content with the right keywords will be highly effective in revenue generation. Look for those keywords that people commonly use when searching for specific content. Optimize your keywords so that search engines can easily crawl on your site and rank your content on top of search results.
Of course, more traffic will lead to more clicks, and the result will be more earnings from Google AdSense.
Consider Best Ad Placement Best Practices
Ad placement is important in maximizing your earning. On your homepage, you can increase the click-through rate (CTR) by:
Using 728 x 90 leaderboard ad image unit just right above your homepage’s fold and below the main bar navigation.
Consider testing different ad units, i.e., 300 x 250 medium rectangle or 160 x 600- a wide skyscraper in your sidebar.
On your main blog page, use:
A 336 x 280 large rectangle image for your ad unit right on top of your article.
Consider using a similar type of ad unit before the comments section at the end of your post.
Ad size and style all matter in boosting a blogger’s AdSense earnings. This gives your visitors several chances to notice and then click on your ads. When considering ad style, understand that the goal is to make them more visible while simultaneously reducing ad blindness.
That’s why google usually recommends that you consider using different colors for your links and ad text to make them stand out.
There are three main ad styles that have been proven to be technically effective, and they include:
Color contrast: use ads with colors that easily stand out against your website’s background.
Blend: ensure that your ad units are the same color as your site’s borders.
Complement: use colors that preferably already exist on your website even though they don’t exactly match with the borders or background but easily blend.
Use a Plugin for Ad Management
Ads that generate good revenue must be managed. This makes it possible to group ads depending on the content and where they can be inserted. Some of the useful features of an ad plugin include:
Ad rotation: you can opt to use a timed or on-page rotation for your site’s ad group
Adblocker: it checks if the browser has an ad-block software and then issues notification for it to be disabled.
Expiry date: you can set an expiry date for your ads.
For YouTubers, you can only make money with your YouTube partner account to get AdSense Revenue. The best way to increase your YouTube earnings include:
Publish Quality Videos
In content creation, quality will always sell. There is more to creating videos, which means creating content that can easily captivate the viewer. There are already several other creators in your niche; hence, you should create videos that people can watch. But how can you effectively do this?
Create videos that meet YouTube guidelines
Create a schedule for your video posts- it is important to upload videos to create a schedule that your audience will be in-tune with. Do you want to upload videos twice weekly, 5x monthly, etc.? You can learn more about scheduling here
Create your Thumbnails. Even though YouTube offers you the thumbnail option, it’s great to create your own since you can customize it to meet specific user preferences. You can use a graphic editing app to do this.
Briefly describe what happens in the video in the description area. Note that the summary of the information you provide here should be accurate, and you can even add blogs or websites that you are affiliated with.
Ensure that you sparsely use the relevant keywords to fill out all the details outlined in the title, tags, and description. SEO is also relevant in YouTube.
Create a quick but captivating intro that highlights what the viewer should expect.
Manage your Channel
Only a great channel with a reliable number of viewers will earn you a good income. YouTube success doesn’t come easily, so you must build and manage your channel. Ensure your channel’s description, including colors and logos, matches your niche and user profile. Besides that:
Fill in all your profile information
Customize your site’s color scheme and background
Use a captivating cover photo
Use a captivating cover photo
Channel management also requires you to vary the presentation of your videos. There are those subscribers that love short videos while others love longer versions. Analyze the performance of different videos based on the length and use that information to create relevant content. This way, you can:
Publish video content of varying lengths to cater to the different needs of your target audience
Create your playlist featuring a series of various videos
Lastly, consider your community in content management. There isn’t any successful YouTuber who doesn’t have a community. How can you build your community?
Directly interact with your fans by replying to comments
Ask them to give you their opinions
Make them feel like they are part of your content creation journey
Improve your AdSense Ads
Use your YouTube partnership account to improve your AdSense. Do keyword research to drive more traffic and result in better showing ads. The more traffic you get and the better the quality of the ads, then the more money you will earn.
In this case, consider the type of tags you use. Tags should be ideally used to connect videos with similar characteristics. So, the more connections you get, the better your chances of getting more views.
Market Your Channel
It would be nice for your channel to get more exposure on YouTube and other platforms. A high level of exposure guarantees you more leads and traffic, which leads to more views that generate revenue.
Q: How Many Views Does a Blogger/Youtuber Need to Get Paid?
Blog: There isn’t a specific fixed number you need to get paid. You can get paid with as little as 100 visitors. However, you should understand that every page view generates $0.01 and $0.25. That means that you would earn $1 -$25 monthly.
If you want to make money from blogging, you need to get around 10, 000 views unique visitors monthly. This way, you can monetize your blog easily and use it nicely for a revenue stream. However, the biggest challenge for most people is getting these numbers. For a YouTuber, the views you need can be equated to 4,000 hours of watch time.
Q: What Kind of Blogs/Channels Make More Money?
You can flourish in any niche and earn a modest income if you put in the work. However, there are niches that if you invest in, you are guaranteed more revenue. This is because such niches are popular, and their content is highly demanded.
We “interact” with money almost every day. Whether it’s buying food, transport, paying for accommodation, or even accessing the internet, so, money is an important factor for the sustenance of our livelihoods, and that’s why starting a finance blog will put you a step ahead in ensuring you earn more.
People are always looking for effective ways to handle money, and finance blogs are the best in providing actionable insights that the user might need. Whether it’s a busy professional, a retiree, or a young college student, finance content will never go out of style as it appeals to most people. Some of the aspects of finance you can focus on. Include:
• Passive income – blogging is one of the best ways to earn a passive income or use it as a side hustle.
It is currently one of the best niches to focus on since most people are actively looking for ways to make passive or active income through marketing.
With your marketing blog, you can help your target audience learn how they can master e-commerce skills before starting a business. Some of the areas that seem to be attracting big numbers include:
• SEO
• blogging
• Email marketing
• E-commerce marketing
Travel Blog
Travel blogs have become a necessity in this era, with more people keen on exploring their locals, regions, or even international areas.
Travel blogs are quite popular, and you can always make good money, regardless of the zone you decide to focus on. You can make money through affiliate links, accommodation reviews, etc. Additionally, you sell travel apparel on your blog.
Food Blog
If you are a foodie, this is a new area for you to flourish. Food blogs are popular currently, and you can make yours the online recipe book. Teach your target audience how to prepare different tasty dishes, and you can even use some nice photos from your kitchen.
Besides that, you can prepare specific meal recipes that target a certain group of people e.g.
• New moms
• Those struggling with weight loss or weight gain
• Diet time limits
• Fitness enthusiasts
Some of the other areas you can focus on include:
• Restaurant reviews
• DIY meals
• Food and traveling
• Affordable outdoor dining
Fashion Blog
You don’t need your clothing line to write a fashion blog. You can still express your unique sense of style on your blog through product reviews. There are new fashion trends almost every month, and this means that people are always trying to keep up to date with what’s happening in the fashion world. The best thing about being a fashion blogger is that you can link your site to your social media page, become a social media influencer as well, and add affiliate links.
Not all YouTube videos are the same, and there are certain types of videos that tend to perform better than the others, regardless of the publisher. These videos generate more income, and they include:
How-to videos
They are quite popular since people are always looking for popular solutions to fix and do things. How-to videos top the charts since they are better off than instructional manuals. You can cover a wide range of topics ranging from education, travel, and photography.
Product Reviews
These are videos that involve a YouTuber testing out a product then giving the target audience a review, including the downsides and pros, based on their personal experience. According to Google, product reviews have generated more than 50,000 years of YouTube watch time in the last couple of years only.
Vlogs
These are videos that cover a wide range of niches depending on the creator. You can vlog about basically anything but lifestyle topics, including music, comedy, and entertainment
You can learn more about YouTube side hustles here
Q: What’s Easy Monetize, YouTube Channel or a Blog?
It depends on your content and the effort you put in. it takes about six months to start earning from your blog. With YouTube, your channel needs to have t least 1,000 subscribers and a total of 4,000 watch time hours within the last 12 months.
It will take you roughly a year to get to 4,000 watch hours, i.e., 240,000 minutes, if you maintain an average watch time of 20,000 minutes per month. But YouTube divides watch time across the whole channel, and so you can achieve the watch hours in less than a year if you produce a few high-quality videos.
To get quickly monetize your channel and get up to 4,000 hours of watch time, here’s what you can do:
Create fresh content
To be discovered on YouTube can be easy if you upload fresh content that appears on top of YouTube’s search results. Your goal should be to publish videos that remain relevant all year round, and this means that you can continue to earn revenue from the same video for months to come.
The best way to make evergreen content include:
• Interacting with your viewers and asking them about which content they prefer
• Answering their questions as much as you can
• Consider trending topics and offer valuable information regarding them
• Create videos that offer solutions or give deeper insights
Do Livestreams
Of course, your community of fans wants to know and interact with you on a one-to-one basis. The best way to boost viewership and improve your target audience’s confidence is by hosting live stream sessions. Understand that the numbers might be small at first, but the more you do, the better your chances of growing your channel and earning more revenue.
consistently Upload Your Videos
More hours mean that you need to have more videos under your belt. Create viral videos that will quickly give your channel the needed boost to attain those 4,000 hours. Don’t forget to be consistent. There’s a lot that goes in during video creation. Hence you must be ready to put in the work.
Go for Quality
The length of your YouTube video matters in attracting and retaining your target audience. But sometimes, to hit those high numbers, you need more quality content than quantity. A popular video with your audience will generate more traffic, and your channel will quickly hit those hours.
Q: Blog vs YouTube Earnings: Which One Should You Consider?
It all depends on what you have in your hands at your interests. There is a whole blog vs YouTube earnings debate that never seems to go out of style. But here are a few tips to help you consider the right type of platform that suits you:
Rate of earning income
A blog will quickly earn you a reasonable income, especially if you can monetize your ads and work with affiliate links. While YouTube has a better-earning potential, it’s more volatile and only seems more profitable for people who have fully established themselves with short- to medium-term goals. Overall, getting your foot in the blogging field seems easier, and you can get the job done within 3-4 months.
SEO Benefits for Growth
You stand a better chance to grow exponentially if you start with blogging. Blogging can help your YouTube channel to grow. Some of the benefits of starting a blog before a channel include:
• Understanding keyword research and its benefits in content creation
• Improving click-through rates
• Content length and what appeals to your audience
• How to describe photos and videos
With this information, you can create SEO-friendly videos that increase watch-time and more audience retention, leading to more revenue generation. Besides that, you will learn the importance of creating longer videos because they give you more watch time, a better chance of retaining viewers, and provide your target audience with more values. Lastly, you can use your blogging skills to caption and describe your videos using the right keywords. You can learn more about YouTube captions here
Startup Costs
Before you start blogging or vlogging, you need to invest a sustainable amount of money. While there are cheap ways to do this, it remains a fact that you need to put some money aside for content creation.
Blog costs
You will mainly invest in services. Here is a brief overview of blogging costs:
• Hosting: you need a host for your website. Expect to pay at least $60 annually, but this depends on the host you choose.
• Domain name: your blog needs a unique identifier in the form of a domain name. a basic domain name will cost you around $13.00. remember that you should choose a unique domain name that complements your site’s profile.
• Paid theme: while this isn’t a requirement, remember that you want to use your blog to generate revenue. Some bloggers may avoid this and opt to use free themes with limitations. To be on the safe side, ensure that you get a paid theme, and this can cost you around $30.00
YouTube Costs
You need a camera and a good microphone to start a YouTube channel. However, some may argue that you can use your smartphone. However, your success with a smartphone is quite limited based on the 720p to 1080p standard. You will be disadvantaged if you don’t produce high-quality content because your competitors are, and that’s why they are earning more revenue. On average, here’s what you need:
You can find more information regarding the tools from alanspicer.com
Starting a blog is cheaper, and you can leverage that to create a good YouTube profile. You will probably have better deals initially as a blogger, and the whole setup process is cheaper.
Selling Your Work
If you need a platform with a good exit strategy, you should probably consider blogging. People sell their websites all the time, which can generate up to 50x of the platform’s monthly average profit. Overall, it’s easy and quite profitable to sell a blog.
Meanwhile, how many times have you heard a person sell their blog? This is because it’s highly unlikely for that to happen. In fact, if you do so, then you will be going against the terms and services of YouTube/Google.
This doesn’t mean that people don’t sell their YouTube channels, but the whole process is complex and involves many backdoor deals.
In conclusion, if you want to grow your target audience quickly with a moderate income, then you should consider starting a blog. But if you are patient, want to build a community, and earn a significant amount of money in the long run, then YouTube should be your go-to solution. To learn more about starting a YouTube channel, here’s what Alan Spicer, a certified YouTube Expert, offers.
Facebook Groups are rapidly emerging as a powerful tool for promotion, revenue generation, and social interaction, of course. Still, while that last point may be obvious, and most people will be able to see the promotional potential of Facebook Groups, monetisation is a little less intuitive.
Can you monetize facebook groups? Yes! In fact there are so many little tricks to monetize a facebook page we’ve made a list!
That’s why we’ve put together this post to illustrate the many ways you can monetise your Facebook Group, as well as a few ways to ensure your group succeeds.
Let’s dive in.
10 Ways to Monetise Facebook Groups
It should be noted that some of these suggestions will only work if you are an admin of a group. Now, in no particular order;
Promote Products
If you’re a member of a popular group (and, of course, if you are the admin of one), you could use it to promote any products you sell. Of course, you will need to make sure the group in question allows promotion, and if it does, there will probably be guidelines you will have to adhere to.
Remember to participate in the group beyond just promoting things. People tend to react poorly to someone who only ever contributes to a community for selfish reasons, and you will likely find you get better results if you participate.
Build a Reputation
If you have an area of expertise that you plan to turn into a career of some sort, you can start laying the groundwork for that future in a Facebook group! Let’s say for argument’s sake that your area of expertise is something technical like machine learning. You could find an appropriate group and start helping others with their problems, gaining a reputation as an authority in the subject matter. Then, when you decide to try your hand at something a little more professional, such as freelance work, or even a YouTube channel, you will already have a group of people who know you are the real deal.
Remember, the Internet has made it possible for more people than ever to try their hands at things that would normally have needed a formal education. But there will always be a place for people who know what they are talking about and are willing to offer a helping comment.
Charge Membership or Subscription Fees
If you are running a Facebook that is particularly useful to its members, you could start charging membership or subscription fees to join. Bear in mind that your group will have to be something special, offering things that your prospective members wouldn’t be able to get elsewhere.
In order to do this, you will have to set your group to private and invite only, and then set up your own way of handling payments, as Facebook does not currently offer this option.
Earn Advertising Revenue
On a similar note to the previous suggestion, a popular group will likely be of interest to advertisers. Those advertisers could go through Facebook’s own advertising platform, of course, but that platform does not currently offer a way for advertisers to target specific groups. As the admin of a group, you can provide that option for your group.
Again, you will have to deal with the mechanics of this one by yourself, as Facebook does not provide the tools to do it.
Collaborate With Brands
One-off advertisements are fine, but striking up a deal for ongoing collaboration with a brand or company offers much more stability in your revenue stream. Once again, this is something you’ll have to arrange yourself. You will need to be able to show any potential brand that your group is worth collaborating with. It can also be useful to have some ideas to present to said brand for how the collaboration could go, such as running competitions.
Dabble in Affiliate Marketing
Affiliate marketing allows you to make money from product or service promotion in much the same way that advertising does but in a less intrusive manner. Affiliate links and promotions will typically fit into the general flow of the content in a group, offering the members something of value. An example of this might be providing an Amazon Affiliate link to a product that’s been discussed in the group. The members will not have to pay anything extra (indeed, many affiliate programs offer special deals for affiliates), and you will make a little extra case from each sale.
Accept Donations
It may not be the most reliable way to monetise your Facebook group, but if you have enough members and they are engaged and active enough, you could consider accepting donations.
Of course, this suggestion assumes you are an active participant in the group and that the members can see the value you bring. If you just started the group but don’t really do much from day to day, you may struggle to find anyone willing to donate.
Offer Consultancy Services
If you establish yourself as an authoritative figure on a particular subject, you could parlay that reputation into a career in consultancy work. With today’s fast-paced world of development and creation, people and companies are often branching out into areas they aren’t necessarily familiar with. In these cases, they might not want to hire an expert, but that doesn’t mean they won’t benefit from an informed opinion.
Network
Whatever your intended career going forward, you can probably benefit from a little networking. Whether it’s just people in the same niche as you or people in positions of influence who can be of direct help to your career, getting involved in communities like this can present opportunities that you wouldn’t otherwise have had.
Sell Your Group
Now, this is explicitly against Facebook’s rules, so we have to say that we do not recommend you do this, but selling popular groups is a thing that happens, and it can be very lucrative. Especially if you develop a knack for building popular groups and can do this on a regular basis.
Again, this is against Facebook’s rules, so you take a risk by doing this. That being said, there’s no way for Facebook to catch you unless you make a big deal out of it.
5 Tips for Helping Your Group Succeed
We won’t dwell on this section too long because advice for making your Facebook group succeed deserves a post of its own, but here are some tips for making sure your Facebook group thrives.
Keep Engagement High
Engagement is the lifeblood of a successful Facebook group. Regardless of what your ultimate goal for the group is, you’re going to want active members who are commenting and replying and reacting to the content.
One way to ensure engagement stays high is to post engaging content yourself, as well as draw attention to popular posts by other members.
Promote The Group
If you want the group to succeed, you need to get the word out. You could advertise if you’re prepared to throw some money at the problem, but if not, you’ll need to do the leg work and get out there yourself.
Other groups are a great place to promote (as long as the group in question allows that kind of thing), but you can also take it off Facebook and get the word out that way. Just remember not to spam, as that will almost always have the opposite of the desired effect.
Foster a Welcoming Atmosphere
If you want people to join and participate in your group, you need to foster the kind of atmosphere that encourages it. What kind of atmosphere that is will heavily depend on the type of group you are running. You can enforce the atmosphere you want with things like rules, temporary (and permanent) bans, and, of course, comments.
Be an Active Participant
We’ve already touched on this in the “keep engagement high” section, but it’s important enough that it deserves its own section. You should be active in the group, encouraging conversation, drawing attention to good posts, and generally keeping everything going.
Encourage Members to Invite Others
Promoting a Facebook group doesn’t have to be a one-person operation. Once you start to build a membership base of engaged users, you can gently encourage them to do a spot of promoting themselves.
We’re not suggesting you demand they go on a full advertising campaign, of course, but things like sharing the link with friends they think will be interested and other low-effort activities.
Final Thoughts
Facebook Groups are not the most obvious thing that springs to mind when you think about options for generating revenue online, but they are certainly an option.
That being said, we have to admit that the biggest monetisation potential for Facebook Groups involves them being used in conjunction with other things. For example, using your Facebook group to drive traffic to affiliate links or services you offer elsewhere or promoting products or services within the group. The options for monetising a group using official Facebook channels is extremely limited, but there is every chance that will change as the platform evolves.
Being a student isn’t easy, and one of the biggest hardships you will face as a student is finding the finances to do things like… well… eat. Fortunately, the has never been more opportunity for students (or anyone, for that matter) to make a little extra income on the side.
In the interests of making life a little easier for our intrepid knowledge seekers and future leaders, we’ve put together a list of thirty side hustles that students can help make life a little easier while you are putting yourself through higher education.
Start a YouTube Channel
YouTube has made many people rich, and even though those people are a huge minority, there are many many more people who make a respectable side income from the platform.
And, given the popularity of YouTube, there is no shortage of advice out there to get you started. You can even start right here! You can create a channel around something you are passionate about, something you are knowledgeable about (both is a bonus) or even what you are studying.
Start a Blog
Essentially the same premise as starting a YouTube channel, just with written words instead of video! As with YouTube, you can start a blog about anything you have a passion for, special interest in, or knowledge of. It could be the subject you are studying, your favourite genre of movie or novel, or just weird facts from around the world.
If you have a talent for telling an interesting story, you can put that talent to work in blog form.
Offer Dog Walking Services
You don’t need to limit your side hustles to things online, of course. One example of a real-world side hustle is dog walking services. Pet dogs are more popular than ever, but that popularity, unfortunately, coincides with a time when more of us are out working than ever before.
Enter the intrepid dog walker.
If you like dogs, you could make a respectable side income by taking several of the furry little critters out for walkies, giving their owners some peace of mind in knowing that their best friend isn’t being neglected at home.
Become an App Tester
A lot of effort goes into making apps work, but all the effort in the world won’t make up for a lack of user feedback. App developers naturally would rather get that feedback under controlled circumstances, rather than putting an app out and waiting for the negative reviews.
That’s where app testing comes in. There are many services that provide the opportunity to be an app tester, here are a few of them;
Secret shopping is the kind of side hustle that will sound like a dream come true to the right kind of person. Also called “mystery shoppers”, these are people who are paid to shop in stores or eat in restaurants with the hidden agenda of collecting information.
There isn’t a great deal of financial rewards for this side hustle, but you will typically be reimbursed for your purchases.
Take Paid Surveys
One of the older and more well-known side hustles of the Internet age is the paid survey. Exactly as the name suggests, paid survey companies will pay you a modest sum to complete a survey, with your answers being valuable to market researchers and other similar parties. Here are a few paid survey sites to get you started;
If you don’t have a particular skill or interest in mind for your side hustle, you could take a more generalised approach with something like Amazon’s Mechanical Turk. This is a service that operates on the principle that humans are still better than machines at some things. Essentially, people who need a large number of small tasks doing (things like tagging images) can sign up and do just that.
Offer Online Tutoring
If you’re a student, it’s safe to say you’ve at least done well through primary and secondary education. That’s great for you, but there are millions of children (and adults) who are struggling with this very thing.
You can offer online tutoring in subjects like maths. Or, if you have particular areas of expertise, you could tutor in those as well.
Start an Online Course
On the subject of areas of expertise, if you are particularly knowledgeable in something, you could create an online course around it. Again, this could be something you are just good at, or it could be something you are studying, perhaps offering an introductory level of education to a subject that you are studying at an advanced level.
Sell Old Items
Granted, you wouldn’t be able to keep selling old items forever, but there are several apps (and, of course, eBay) designed to make it easy for you to find a buyer for some of your old things, from clothes to gadgets.
Become a Reseller
Essentially, the difference between someone selling old items and this suggestion is that you will be first seeking out items to sell before you can sell them. This might mean scouring things like Facebook Marketplace and Craiglist for hidden gems, or it could even mean buying things in bulk to get the price down.
Become an Affiliate Marketer
Affiliate marketing is the process of advertising someone else’s product in exchange for a “piece of the action”, so to speak. The most well-known example of this is Amazon Affiliates, where you can link to any product on Amazon and make a little cut of any sales you generate.
This side hustle works best if you have something to pair it with, such as a YouTube channel, or a blog, but really anywhere you can promote something will work. You could even go door-to-door… but we wouldn’t recommend it.
Sell Print-on-Demand Merchandise
Got a flair for design? There are many services on the Internet that allows you to create products like t-shirts, mugs, mouse mats, and other things of that nature with little more than a click of the upload button.
Again, this works especially well if you have a popular YouTube channel to base your products on, but if you can create compelling designs, you can certainly make print-on-demand merchandise a successful side hustle in its own right.
Sell Artwork or Photography
If you do have that creative flair mentioned in the last tip, you could always put it to good use in other fields, such as selling artwork and photography. A number of sites will let you upload stock imagery so that you can profit from the licensing of those images. Just remember that once you do this, you have no control over how the image gets used, so be careful what images you choose to sell.
Write an eBook (or a physical one)
When “write a book” is suggested, the first thing people tend to think of is a novel. Now, if you have it in you to write a novel, certainly give it a go. But as side hustles go, it’s not the most effective way to make money. Given the typical time it takes to write a novel combined with how long an average publisher takes to respond (probably to say “no thanks”), you might not be a student by the time you see any money from a novel.
But you can create eBooks (or regular books) that are non-fiction and centred around something you are an expert in.
Offer Proofreading and Editing Services
Don’t fancy writing a book? What about proofreading someone else’s? Most of us can put together a blog post, but we’re not all up to a professional standard with the technical aspects of our writing.
If you are confident in your command of the English language (or any language, for that matter), you can offer your services as an editor or proofreader, checking other people’s work for mistakes.
Become an Influencer
Granted, not everyone can become an influencer, but if you have an entertaining personality and you like being in front of the camera, becoming an influencer may be a viable option for you.
Influencers typically operate through social media platforms, such as—Instagram, or Facebook—and can earn money through brand deals.
Become a Ride-Share Service Driver
If you have a car, you could consider working for a ride-share company like Uber, or Lyft. Services like this give you the ability to have complete control over the amount of time you spend working on your side hustle—a kind of flexibility that is a must for busy students.
Become a Virtual Assistant
No, we’re not suggesting you be available 24/7 to respond to questions anytime someone says “Siri” to their iPhone or “Alexa” to their Amazon Echo. Websites like PeoplePerHour.com make it possible for you to find people who need certain assistant-like tasks completed, such as email management.
Review Apps and Websites
Similar to testing apps, there are also sites that will pay you to review apps and websites. We’re not talking about being paid to review something by the company that made that thing—that would be cheating. This is typically for sites that offer consumer information, and want a large number of honest reviews.
Become a Translator
If you know more than one language, you could find work as a translator. This will typically be written word translation, but you can certainly find verbal work as well. This could even be paired with our “transcribe audio” suggestion a little further down.
Deliver Things
Similar to Uber (indeed, including Uber), there are companies that offer the delivery of things like food and other items, and they need people to make those deliveries. Unlike Uber, however, this work doesn’t necessarily need a car. It’s a common service offered in big cities and can be done on a bike.
Offer Cleaning Services
Many of us struggle to find time to keep our homes or workplaces as clean as we’d like, so why not take that load off someone’s mind by offering cleaning services! This sort of work can be done in the evening or on a weekend, so it shouldn’t affect your studies.
Sell Advertising Space on Your Car
Getting your brand in front of eyeballs is most of the battle for advertisers, but that’s good for you because it means you can get paid simply for letting advertisers use your car as an ad. Services like Carvertise will pay you as much as $500 a month to put ads on your vehicle.
Rent Out Your Car
Or you could rent out the whole thing! Car-sharing services like Getaround can connect you with people who need to rent a car, letting you earn a little extra cash. If you’re not using your car at the time, this one is a no-brainer.
Rent Out Your Parking Space
If you have a parking space you’re not using in a part of the world where it’s hard to find parking spaces (we’re looking at you, London), you could rent it out to someone, and put that land to good use.
Transcribe Audio
While speech-to-text recognition is getting better by the day, humans are still often needed to transcribe audio. You don’t need any particular skill for this, but being a good typist will make your life much easier if you decide to take on some transcription work.
Become a Freelancer
If you have a skill, you could just charge people to use it. Whether it’s copywriting, illustration, video production, and more And the good thing about freelancing is that if you like it, freelancing can always become a full career when you are done with your studies.
Become a Social Media Manager
If you have a knack for social media, there are plenty of people out there who do not that would be willing to pay you to help them grow their online presence.
Get a Part-Time Job
And, finally, the obvious one. From tending bar to stacking shelves, there is always the option to go out and get a part-time job, earning money the old fashioned way.
People today understand more than ever the importance of diversifying when it comes to your source of income. After decades of financial crisis’ and global pandemics, younger generations are acutely aware of how risky it is to put all your eggs in one employment basket.
This has always been the case for YouTubers, of course. Since the beginning of YouTubers making money from their content, it has always been the advice for smart YouTubers not to rely solely on YouTube to pay their bills. Adpocalypses, changes to personal situations, and much more can make YouTube earnings evaporate in no time.
Of course, telling you that it’s important to spread your wings a bit financially is all well and good, but we want to go that extra step and give you a few ideas on where you can spread your wings!
A side hustle is defined as any job or occupation that is not your main job or occupation. In a traditional sense, an example of this might be someone working in a factory through the week and then doing a few shifts tending bar on the weekend. In this case, the bar work would be a side hustle.
Of course, things are a little more fluid these days, with the lines between side hustles and a “main job” being a little blurrier, but there is an emotional component that is strong these days than it once was. It is not uncommon for people who make their money online to have something that they consider a side hustle actually be their primary source of income!
Still, whether you classify something as a side hustle based on the money it makes you or how important that activity is to you, the basic premise remains the same; it’s a way of earning money that you consider secondary to another way of earning money.
How Much Money Can You Make With a Side Hustle?
The amount of money you can make with a side hustle will, of course, vary tremendously depending on several factors, such as what the side hustle is, how good you are at it, how much time you put into it, and more.
As mentioned above, how much money it makes does not necessarily affect its status as a side hustle. If you consider YouTube your “primary” hustle, you may well find one of your side hustles overtaking as your largest source of income. Our advice would be to not think too much about things like the exact amounts. As long as you’re making enough (whatever “enough” means to you), it doesn’t matter which hustle is making the most money.
Don’t Think of it as a Side Hustle!
While you should get too hung up on the specific amount being made by any form of hustle, it’s important not to think of things as secondary, or unimportant. If your job involves making money on the Internet, you should consider all of it your job, whether it’s making the most or not.
If you start thinking of legitimate income sources as unimportant, you run the risk of letting them slip until they stop being legitimate income sources. You may think of yourself as a YouTuber, but if you have half a dozen side hustles, they will quickly amount to a significant portion of your income, so you probably literally can’t afford to neglect them.
Top 10 Side Hustles for YouTubers
That’s enough about what side hustles are, it’s time to get to our top ten side hustles for YouTubers. Of course, if you simply searched for side hustles and found this post, you aren’t a YouTuber, don’t stop reading. We’ve picked these ten side hustles because they work well with YouTubing, but they are perfectly viable side hustles for other walks of life, too.
In fact, if you see your main hustle on here (blog writer, or podcaster, for example), just swap that one out for “YouTuber” and keep on reading!
Oh, and a little side note about the YouTube Partner Programme, we haven’t included that in this list because we assume that if you’re looking to add side hustles to your resume, you’re already making money from YouTube.
#1 Affiliate Marketer
Affiliate marketing is perhaps one of the most well-established means of making money on the side for YouTubers. This is the process of promoting something in the course of your usual content and making a little money on the actions taken by your viewers.
The most well-known example of this is, of course, Amazon’s affiliate program. When enrolled as an Amazon affiliate, you will be able to get a personal affiliate link from any Amazon product. Viewers who happen to buy that product will not pay any extra—indeed, they wouldn’t even know it was an affiliate link if you didn’t tell them (more on that in a second)—but you will make a small commission on anything they buy through your links.
There are many forms of affiliate marketing available, as well as services designed specifically to facilitate linking companies with people like you. It should be noted, however, that you should always give some sort of indication to your viewers that a link you have put in the description or a product you are promoting in your video is something you are promoting as an affiliate. It’s not hard to find out, and viewers will be turned off by this kind of dishonesty. It could also get you in trouble with YouTube.
#2 Merchandise Seller
Whether you have some kind of merchandise that exists independent of your YouTube channel, or you start releasing merchandise that ties directly in with your YouTube channel, having that channel can be a great way to promote it.
Naturally, if your merchandise is tied to the channel (for example, t-shirts with the channel logo on them), you’re going to want to promote it from that channel. Alternatively, if you want to start (or already have) a small clothing line, you sell artwork, or you sell pretty much anything on a site like Etsy, you can leverage the popularity of your YouTube channel to give that side hustle a bit of a kickstart.
#3 Course Instructor
Many YouTubers have some area of expertise, even if their channel is not about imparting that expertise. These days, the administrative side of creating and hosting an online course to teach other people things is relatively painless. There’s still a lot of work in putting the course together, of course, but there’s a lot of work in running a YouTube channel, as well, and you’re not letting that stop you… are you?
Of course, if your channel is centred around educating, such as a DIY channel, or tutorials on coding, it will be much easier to translate that audience into an online course. But even channels that are not about teaching viewers something can take advantage of this side hustle, as long as the course is teaching a skill that is on display when you make your videos.
#4 Channel Manager
If you have a particular flair for handling YouTube channels, you might consider turning your attention to becoming a channel manager. Essentially, you would take on the management of other people’s channels, and handle almost everything except for the content itself.
Many people don’t have the time or desire to effectively manage their channel themselves, but proper channel management can make an enormous difference. As you will no doubt be aware of this is a side hustle you are considering.
The main thing to beware of here is letting this side hustle take over. A good channel manager will typically have several clients. And, while managing a channel doesn’t take nearly as much time as making content for it, it all adds up if you keep adding clients to your roster.
#5 Blogger
Bloggers may resent seeing their profession listed as a side hustle on a YouTube blog—especially since blogging was a viable source of income before YouTube—but don’t be mad; YouTube can just as rightly be called a side hustle for bloggers. And the good news is this makes sense whichever way round you look at it.
Essentially, you have something to share with an audience, and you are currently doing it in video form. By translating that content to written form, you can reach a whole new audience. Or you can make it supplemental, giving your YouTube audience something else to consume.
#6 Podcaster
In a very similar vein to being a blogger, you can get more of your message out in audio-only form through podcasts. And, again, if you are a podcast, you can easily look at this suggestion in reverse, with YouTube being the side hustle.
This suggestion works best for channels that already have a podcast-like feel, such as panel show channels, or interview channels. If you regularly put out hour-long videos that are mostly talking, you’re going to miss out on a lot of viewers purely because of the time requirements. Not everyone has that much free time to sit and watch YouTube.
Those same people might have an hour’s worth of commuting to do every day, or regularly go for a job and like to listen to something while they do. They might just want something to put on while they do a bit of cleaning around the home. If your content is already podcast-like, putting it out as a podcast will involve negligible work. And, if it succeeds, it could drive more traffic to your YouTube channel.
Of course, you can still make a podcast if your channel isn’t the kind of channel described above. As long as you have something interesting to talk about, you can find an audience.
#7 Produce Video Content
This one is a little trickier. As we mentioned above in the channel manager section, creating content for a channel is the most time-consuming part, so the idea of producing video content for others might not seem like the best plan.
While you could certainly produce video content for other YouTube channels, we’re suggesting something more specialist, such as making animations idents, or infographic clips. If you have a skill for this kind of thing, there will undoubtedly be plenty of people and companies that are happy to pay for your services.
#8 Stock Trader
This one doesn’t really tie in to you being a YouTuber unless your YouTube channel revolves around you being a stock trader, or talking about stock trading in some form. If this isn’t you, you can still get into stock trading (or currency trading), to earn a little (or a lot) extra on the side, just be sure you know what you’re doing. We categorically do not recommend anyone dabbling in the stock market without knowing what they’re doing beforehand.
#9 Become a Consultant
You don’t have to make content to take advantage of your expertise. Consultancy work is a great way for you to exploit your own knowledge while helping others. One example of this could be helping other YouTubers grow their channel (assuming you have proven yourself able to do this in the first place of course!), but it could just as easily be any other area of expertise you have.
#10 Champion a Cause
This one is kind of cheating. You won’t necessarily make any money from championing a good cause, but that doesn’t mean you shouldn’t do it. Whether it’s planting trees or donating to charities, you have the power to make an impact.
Final Thoughts
YouTube is undoubtedly a great platform for launching other projects, whether they are passion projects, side hustles, or even new careers. The list above is a relatively small selection of the possibilities for adding new hustles to your game, so don’t worry if none of the above work for you.
Of course, if all else fails, your side hustle could always be other YouTube channels.
Top 5 Tools To Get You Started on YouTube
Very quickly before you go here are 5 amazing tools I have used every day to grow my YouTube channel from 0 to 30K subscribers in the last 12 months that I could not live without.
1. VidIQ helps boost my views and get found in search
I almost exclusively switched to VidIQ from a rival in 2020.
When I first started I threw things together in Window Movie Maker, cringed at how it looked but thought “that’s the best I can do so it’ll have to do”.
Big mistake!
I soon realized the move time you put into your editing and the more engaging your thumbnails are the more views you will get and the more people will trust you enough to subscribe.
That is why I took the plunge and invested in my editing and design process with Adobe Creative Suite. They offer a WIDE range of tools to help make amazing videos, simple to use tools for overlays, graphics, one click tools to fix your audio and the very powerful Photoshop graphics program to make eye-catching thumbnails.
Best of all you can get a free trial for 30 days on their website, a discount if you are a student and if you are a regular human being it starts from as little as £9 per month if you want to commit to a plan.
3. Rev.com helps people read my videos
You can’t always listen to a video.
Maybe you’re on a bus, a train or sat in a living room with a 5 year old singing baby shark on loop… for HOURS. Or, you are trying to make as little noise as possible while your new born is FINALLY sleeping.
This is where Rev can help you or your audience consume your content on the go, in silence or in a language not native to the video.
A GREAT way to find an audience and keep them hooked no matter where they are watching your content.
4. PlaceIT can help you STAND OUT on YouTube
I SUCK at making anything flashy or arty.
I have every intention in the world to make something that looks cool but im about as artistic as a dropped ice-cream cone on the web windy day.
That is why I could not live on YouTube without someone like PlaceIT. They offer custom YouTube Banners, Avatars, YouTube Video Intros and YouTube End Screen Templates that are easy to edit with simple click, upload wizard to help you make amazing professional graphics in minutes.
5. StoryBlocks helps me add amazing video b-roll cutaways
I mainly make tutorials and talking head videos.
And in this modern world this can be a little boring if you don’t see something funky every once in a while.
I try with overlays, jump cuts and being funny but my secret weapon is b-roll overlay content.
I can talk about skydiving, food, money, kids, cats – ANYTHING I WANT – with a quick search on the StoryBlocks website I can find a great looking clip to overlay on my videos, keeping them entertained and watching for longer.
When it comes to using services for commercial reasons—especially free services—there is often a lot of murky language and grey areas to wrap your head around. We’d like to be able to say that YouTube is different, but unfortunately, the waters here are just as muddy as everywhere else.
Let’s start with the simplest answer we can give. Yes, you can use YouTube videos for commercial purposes… sometimes. If you own the content and it conforms to YouTube’s community guidelines, there is nothing to stop you from uploading videos for commercial purposes. However, there is more than one way to use YouTube for commercial purposes, and that’s where things get less clear.
As with many things like copyright and licensing, there is a lot of this topic that falls under the umbrella of “technically no, practically yes”. That is, technically no you’re not allowed to do it, but practically you should be fine.
Don’t worry, we’ll walk through this in more detail, but before we do, please remember that this is a YouTube blog, not a legal one. Nothing here should be taken as legal advice, and you are ultimately responsible for your own decisions.
Uploading Videos for Commercial Purposes
The most straightforward use of YouTube videos for commercial purposes is the uploading of your own content that you have full rights to, and that is in full compliance with YouTube’s terms and guidelines. Examples of this might be uploading a promotional video for an online course, a showreel for your acting portfolio, or a walk-around video of a car you are selling.
In each of these cases, the video is technically being used for commercial purposes, however, it should be noted that complying with YouTube’s terms doesn’t just mean things like not having nudity or hateful language, it also means accepting YouTube’s presentation. Your video will almost certainly be shown alongside ads, and those ads might not always be to your tastes. This can be a real problem when dealing with branding, but that is the agreement you enter when you upload content to YouTube.
Embedding Videos for Commercial Purposes
Embedding videos is where things get a little more complicated, since YouTube’s own terms of service state that you cannot;
“use the Service to distribute unsolicited promotional or commercial content or other unwanted or mass solicitations (spam)”
The problem with this is that YouTube makes no real attempt to draw a line between spam and legitimate distribution, and the use of the word “unsolicited” is very vague. For example, if you embed a YouTube video on your blog, nobody could reasonably call it unsolicited, since people are coming to your blog to read your content, so the solicitation is implied.
But what about a forum post, or a Facebook comment?
The reality is that the vast majority of situations in which you would embed a YouTube video for commercial use will not get you in trouble with YouTube, but it is important to remember that vague language in the terms and conditions, particularly if your YouTube channel is a critical component in your income.
Playing YouTube Videos for Commercial Purposes
YouTube’s terms also state that the service is only for personal, non-commercial use, which rules out things like publicly screening videos. Publicly screening videos could include anything from showing a YouTube video at a speaking engagement to playing one at a party with paid entry.
There is no obvious legitimate path through YouTube’s terms to allow this use of YouTube content, however, there is a way around it. If you own the content, or if you can get permission from the owner of the content, you can cut out the middle man. As long as YouTube are not the rights holders of the content in question, their only issue would be you using YouTube to play the content, but if you’re not using their service, it’s nothing to do with them. That being said, it is against YouTube’s terms to download videos through unofficial means, so you could still be in breach of YouTube’s terms with this method. It is unclear how YouTube could ever effectively enforce this particular term, however.
Of course, this doesn’t mean you would be completely off the hook. If you used someone else’s content without their permission, they could still take issue with it, but that is the case for any use of content that you don’t own the rights to.
Additional Factors
It should also be noted that YouTube does not allow the use of any content on their site that is not a user submission. Again, we straddle the uncomfortable line between technically true and practically false here. Technically it would be against YouTube’s terms of service to include a screenshot of the YouTube website in a video that you are using commercially. Practically speaking, unless you are playing your commercial video during halftime at the Super Bowl, it’s unlikely anything will come of it.
User submissions—that is, videos uploaded by YouTubers—are covered by the usual terms and licenses, but everything else—such as artwork—is completely off-limits. That means not even for non-commercial use.
Summing Up
As with many things like copyright and licensing, there is a lot of this topic that falls under the umbrella of “technically no, practically yes”. That is, technically no you’re not allowed to do it, but practically you should be fine.
That being said, you are taking a risk if you go against that “technically”, no matter how unlikely it is. If you decide to do something that breaks the YouTube terms of service, you should be prepared for the possibility that you may be found out, and that YouTube may take action against you.
The only way to be completely safe when using YouTube videos for commercial purposes is to ensure you are the rights holder of the content in question, and that any screenings of the content that are not for personal use should use your own copy of media, not the YouTube platform. Remember, YouTube does not own your content once it is uploaded.
It’s also worth remembering that content you upload can be similarly used by other people. For example, an informative video about how to use your latest product could be hijacked by a competing firm.
It always pays to think through all of the implications.
Top 5 Tools To Get You Started on YouTube
Very quickly before you go here are 5 amazing tools I have used every day to grow my YouTube channel from 0 to 30K subscribers in the last 12 months that I could not live without.
1. VidIQ helps boost my views and get found in search
I almost exclusively switched to VidIQ from a rival in 2020.
When I first started I threw things together in Window Movie Maker, cringed at how it looked but thought “that’s the best I can do so it’ll have to do”.
Big mistake!
I soon realized the move time you put into your editing and the more engaging your thumbnails are the more views you will get and the more people will trust you enough to subscribe.
That is why I took the plunge and invested in my editing and design process with Adobe Creative Suite. They offer a WIDE range of tools to help make amazing videos, simple to use tools for overlays, graphics, one click tools to fix your audio and the very powerful Photoshop graphics program to make eye-catching thumbnails.
Best of all you can get a free trial for 30 days on their website, a discount if you are a student and if you are a regular human being it starts from as little as £9 per month if you want to commit to a plan.
3. Rev.com helps people read my videos
You can’t always listen to a video.
Maybe you’re on a bus, a train or sat in a living room with a 5 year old singing baby shark on loop… for HOURS. Or, you are trying to make as little noise as possible while your new born is FINALLY sleeping.
This is where Rev can help you or your audience consume your content on the go, in silence or in a language not native to the video.
A GREAT way to find an audience and keep them hooked no matter where they are watching your content.
4. PlaceIT can help you STAND OUT on YouTube
I SUCK at making anything flashy or arty.
I have every intention in the world to make something that looks cool but im about as artistic as a dropped ice-cream cone on the web windy day.
That is why I could not live on YouTube without someone like PlaceIT. They offer custom YouTube Banners, Avatars, YouTube Video Intros and YouTube End Screen Templates that are easy to edit with simple click, upload wizard to help you make amazing professional graphics in minutes.
5. StoryBlocks helps me add amazing video b-roll cutaways
I mainly make tutorials and talking head videos.
And in this modern world this can be a little boring if you don’t see something funky every once in a while.
I try with overlays, jump cuts and being funny but my secret weapon is b-roll overlay content.
I can talk about skydiving, food, money, kids, cats – ANYTHING I WANT – with a quick search on the StoryBlocks website I can find a great looking clip to overlay on my videos, keeping them entertained and watching for longer.
YouTube has not been one to shy away from making changes in a bid to keep up with the competition in recent years. From giving YouTubers the option to provide paid memberships to their users as an alternative to services like Patreon, to adding live-streaming to compete with Twitch.
I recently dived deep into everything we know about YouTube shorts – One of their more recent additions is YouTube Shorts, which could be seen as a move to compete with the likes of Snapchat, Instagram, and even Facebook to a degree. Of course, in typical Google fashion, not everything they implement is clearly explained and easy to understand.
YouTube Shorts’ rollout left a lot of questions for users due to its almost unofficial system of placing a hashtag in the description. Things are more clear now, of course, but now that Shorts are a more integrated part of the YouTube platform, many users still have questions over the monetization aspect of it.
Yes, YouTube Shorts CAN be monetized! From 2023 YouTube will be adding adverts to YouTube shorts and revenue shared with creators 45/10/45 with the 10% being for music licensing.
What Are YouTube Shorts?
You might be reading this and wondering “what the hell is a YouTube Short?”, but don’t worry, we’re going to fill you in.
YouTube Shorts are essentially YouTube’s answer to Instagram and Facebook Stories. They are short videos—less than 60 seconds to be precise—that are intended for continuous consumption. In essence, YouTube wants viewers to sit and watch several Shorts one after the other, with the ultimate aim being to keep those viewers on the website for longer. Many of us will happily sit through a 10-15 minute video, and if YouTube can put the right Shorts in front of a viewer, that 10-15 minute window could see them viewing 15-30 Shorts (many Shorts are much less than 60 seconds). These videos are primarily made for mobile viewing, something that is evident when you look at the portrait aspect ratio. While regular YouTube is the kind of experience you can set up in front of your computer or laptop head off down the rabbit hole, YouTube Shorts is more of a “kill five minutes at the bus stop” kind of experience.
Where Is The Money?
If you think about this from a YouTube-centric point of view, you might notice a problem with YouTube Shorts when it comes to generating revenue. If the aim is to keep users watching these short videos, you can’t really go sticking advertisements in between because it will dramatically increase the chances of the viewer clicking away. YouTube knows this, of course, which is why they don’t run advertisements on YouTube Shorts.
With that in mind, where is the money coming from?
In short, the answer is nowhere. With no ad being run against YouTube Shorts, there is no money coming in for those views. It could be argued that there is some revenue coming from YouTube Premium users, but that money is coming in regardless. And, since there are no ads on YouTube Shorts, they are unlikely to bring in new YouTube Premium subscribers since the biggest attraction of that service is the removal of ads.
Why Have Shorts If There’s No Money In It?
Just a quick note; there’s no money for YouTube. YouTubers can still get paid, more on that below.
Ultimately, as much as we might like to believe that our favourite companies are acting in our best interests, all decisions ultimately come back to money. YouTube Shorts may not directly make YouTube money, but their inclusion has been judged good for YouTube’s bottom line in the long run.
The most obvious way this works is by exposing viewers to more content. As mentioned above, in the same amount of time you might take to watch one 15 minute video, you could watch 20 Shorts. The more content you watch, the better idea YouTube’s algorithm gets of what you like, and the more successful it can be at recommending content to you. That in turn increases the likelihood of you sticking around, which increases the opportunity to serve you ads. There is also an argument to be made that adding this alternative way of consuming media may attract users that wouldn’t typically spend that much time on YouTube, though we’re not sure TikTok will be quaking in their boots at the thought of YouTube Shorts.
YouTube Shorts Fund Explained
We’ve teased you enough. How do you make money from YouTube Shorts? Through the YouTube Shorts Fund. Since there is no revenue being directly generated from YouTube Shorts, YouTube has to create their own incentives for creatives, and they’ve done this in the form of the YouTube Shorts Fund.
This is a $100M fund set up to reward creators. Bonuses are awarded monthly to creators who have had success with their Shorts, with YouTube stating that they’ll reach out to “thousands” of creators each month to award between $100 and $10,000, which is paid directly into your AdSense account. There is no stated qualification criteria, such as a certain number of views, so the recipients of these bonuses would appear to be entirely at YouTube’s discretion at this stage.
There are some criteria you have to meet in order to be eligible for a YouTube Shorts Fund bonus, however;
Have uploaded at least one eligible Short in the last 180 days
Channel must abide by community guidelines
Channel must not be uploading unoriginal content or content with watermarks (like the TikTok logo)
Creator must be in an eligible region (see link above)
Creator must be 13 years (or the age of majority outside of United States)
Creators under 18 must have a parent or guardian accept terms and set up an AdSense account.
Channels do not need to be monetized in order to be eligible for the YouTube Shorts Fund, however, but you will still be eligible if you are part of the YouTube Partner Programme or an affiliate under a Multi-Channel Network.
Top 5 Tools To Get You Started on YouTube
Very quickly before you go here are 5 amazing tools I have used every day to grow my YouTube channel from 0 to 30K subscribers in the last 12 months that I could not live without.
1. VidIQ helps boost my views and get found in search
I almost exclusively switched to VidIQ from a rival in 2020.
When I first started I threw things together in Window Movie Maker, cringed at how it looked but thought “that’s the best I can do so it’ll have to do”.
Big mistake!
I soon realized the move time you put into your editing and the more engaging your thumbnails are the more views you will get and the more people will trust you enough to subscribe.
That is why I took the plunge and invested in my editing and design process with Adobe Creative Suite. They offer a WIDE range of tools to help make amazing videos, simple to use tools for overlays, graphics, one click tools to fix your audio and the very powerful Photoshop graphics program to make eye-catching thumbnails.
Best of all you can get a free trial for 30 days on their website, a discount if you are a student and if you are a regular human being it starts from as little as £9 per month if you want to commit to a plan.
3. Rev.com helps people read my videos
You can’t always listen to a video.
Maybe you’re on a bus, a train or sat in a living room with a 5 year old singing baby shark on loop… for HOURS. Or, you are trying to make as little noise as possible while your new born is FINALLY sleeping.
This is where Rev can help you or your audience consume your content on the go, in silence or in a language not native to the video.
A GREAT way to find an audience and keep them hooked no matter where they are watching your content.
4. PlaceIT can help you STAND OUT on YouTube
I SUCK at making anything flashy or arty.
I have every intention in the world to make something that looks cool but im about as artistic as a dropped ice-cream cone on the web windy day.
That is why I could not live on YouTube without someone like PlaceIT. They offer custom YouTube Banners, Avatars, YouTube Video Intros and YouTube End Screen Templates that are easy to edit with simple click, upload wizard to help you make amazing professional graphics in minutes.
5. StoryBlocks helps me add amazing video b-roll cutaways
I mainly make tutorials and talking head videos.
And in this modern world this can be a little boring if you don’t see something funky every once in a while.
I try with overlays, jump cuts and being funny but my secret weapon is b-roll overlay content.
I can talk about skydiving, food, money, kids, cats – ANYTHING I WANT – with a quick search on the StoryBlocks website I can find a great looking clip to overlay on my videos, keeping them entertained and watching for longer.
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