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In this time for global pandemic, more and more businesses are being forced to shut down due to locally implemented restrictions and other regulations. Thus, a lot of people are starting to turn to YouTube in hopes of getting another source of income. And why not? After all, all you got to do is to create a video, upload it and start making cash... at least one would think so.
Behind the curtains, YouTubers actually exert a lot of effort into creating and publishing the perfect content for you. What they never tell you is how hard it actually is to make money out of the platform as compared to how much they spend during the production process.
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If you are curious about this, or are aspiring to become a YouTuber yourself but are clueless about monetary compensation within the platform, then let me share my side of the story with you! In this post, I am going to show you how much money I make on YouTube, and why I still choose to continue pushing out content for everyone out there.
How Much Do I Make on YouTube?
I was able to push out 10 videos over the course of 28 days (1st to 28th June). Here's a quick overview of my YouTube stats for said period:
- 9,374 total views;
- over 600 hours of watch time;
- 144 new subscribers; and...
- $234.39 in revenue.
Surprised? Well, don't be. This is the only cash I make out of those 10 videos.
On the other hand, here's a quick overview of what is behind the scenes:
- Brainstorming for video content ideas.
- Video editing (done either by me or a professional video editor).
- Thumbnail designing and editing.
- Editing video details (description, tags, etc.).
- Scheduling and other planning activities.
This whole process of publishing a usually-10-minute-or-more video actually takes, on average, 2 to 3 hours. And within the said time period, I am spending not only my time, but also my energy and resources into something that doesn't even make me a lot of cash! If we do the maths, I am only making an approximate $8 PER DAY!
If you have been following me for quite some time now, you know how much I like to talk about profitability and leaning towards what is making you profit the most. So why am I still holding onto this YouTube channel when it seems as though I'm going against my own principles? Read on to find out.
Why I Create Videos for You
Actually, during the first few months of my YouTube venture, I lost motivation and felt so disappointed at how poor my channel was performing. For a brief period, I stopped creating content and instead focused on my exclusive membership group, did my case study, building my sales funnels, and overall just focused on all my stores.
But then, during these past few weeks, I decided to come back to YouTube and restart sending out content to my subscribers, and here's why:
1: Consistency and Better Understanding
So far (since this video was published) I was able to send out a video a day for the last 9 days. I wanted to build a habit out of making these videos, and the rationale behind this is that if I consistently do one thing every day for, let's say, 30 days or so, I can slowly and surely get myself familiar with what I really want to do.
I've read from somewhere that a video is probably the biggest content that you can ever push out in order to keep your followers interested and engaged. And you know me; I want to become a part of your dropshipping journey for as much as possible because I want to have that connection with you.
So, I wake up every morning and I remind myself that I have gotten into a commitment -- something that's not so easy to back out of, because there are so many people who believed in my promise of daily content. I get up every morning and the first thing that comes into my mind is the video that I want to publish.
2. Sense of Accomplishment
Over the last 9 days, I have seriously felt that when I successfully publish a video, I get that feeling that I've already accomplished something amazing, even when the day is still far from over. I publish these videos every morning, and this helps me get into momentum. After that, I feel even more motivated to do more for my business.
So, turns out I'm not after the money at all. Personally, I am using these videos for my own gain in a sense that I want to get a proper work-life balance out of it. Once I publicize my videos, I can already cross one thing off my to-do list for the day, which is already something to look forward to. At the end of the day, it's the habit of working hard towards accomplishing a goal that I want to take away from this.
Let's Wrap It Up!
By doing something you don't want to do, you are already pushing yourself to become a better person and start getting those daily achievements. I am not after YouTube's monetary value; I am using YouTube as something that would propel me to achieve more for the day. This would, eventually, help me run my business more effectively because of the momentum!
If you have any more questions about YouTube or anything regarding this video, feel free to personally contact me via the Contact Form HERE. You can also leave your comments and feedback below, and our team over at WagePirate will definitely get back to you with a response. For more reviews, news and updates, don't forget to subscribe to my YouTube channel!