6. Create a YouTube Channel
Revenue potential: The average YouTuber earns $18 for 1,000 ad views and around $5 for 1,000 video views. However, the final income can vary.
Age threshold: 18+
Setup ease: All levels
Time to first pay: A few months based on monetization practices
If you’re more confident with public speaking and have solid story-telling skills, you can also start a YouTube channel to make money online. Again, sticking to a specific field is best if you want to gain authority and followers faster by creating how-to videos, so picking the right YouTube niche is a must.
Let’s see an example:
You need to have reached the threshold of 1,000 subscribers to join the YouTube Partners Program. Then you’ll get access to Google AdSense to start profiting from ads.
As your following grows, you may get business sponsorships to promote specific and relevant products/services to your audience. You can also run YouTube Ads and leverage the power of YouTube SEO to win more traffic. If you fancy all this, here’s a YouTube marketing strategy guide to get inspired.
Also, here are the websites you should check if you decide to earn money online as a YouTuber:
- YouTube Partners Program: Read the monetization policies and community guidelines carefully to see if you’re eligible for this program.
- YouTube BrandConnect: This program helps businesses collaborate faster with creators on YouTube to spread their messages.
Finally, investing in tech gear, like a good camera, a mic, and an editing tool, is essential to grow your channel and sustain an excellent quality over time.
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