It’s no wonder why the idea of making a living on Youtube is appealing to a large audience. You get to be your own boss, manage your time however you want and earn money from doing what you love. If you’ve been uploading videos for a while and you have somewhat of an audience following you, this guide might help you get started with your Youtube career.
But before we go ahead we must warn you that Youtube is not a quick way of earning easy money. It’s not about uploading a couple of videos and hoping they go viral but being consistent and build up a large fanbase. So if you’re not passionate about your channel this guide won’t work for you.
The first thing you should do is get your channel ready to earn money:
- Step 1: Setup a channel and apply to join the YouTube Partner Program. Your channel must have 4,000 watch hours in the previous 12 months & 1,000 subscribers before your application to join the YouTube Partner program can be reviewed.
- Step 2: Connect your YouTube channel to an AdSense account in order to earn money and get paid for your monetized videos.
- Step 3: Take a minute to get to know the kinds of videos you can monetize and the different ad formats.
- Step 4: Select “monetize with ads” for your videos and choose which ad formats and videos you want from the YouTube Studio app and in video manager.
- Step 5: Keep making great videos that your community loves to watch!
Now your channel is setup for monetization. You will be earning money mainly from the ads that companies display on your videos. You’ve probably seen the two types of ads that appear on youtube videos:
Most people think that you get paid for everytime someone watches one of your videos but that’s not the case. You only get paid when your viewer interacts with an ad. For instance, the approximate amount of money you would get for 1000 views would be around 1$ to 4-5$.
There are other ways of making money more directly like: working with brands that might want sponsor your content, selling merchandising of your channel, getting money from your fanbase via crowdfunding, etc.
To sum it up, Youtube makes it easy for you to star earning revenue but it’s up to you that happens. We recommend you to not get obsessed with the amount of money you’re making. Just enjoy producing content, building a fanbase, and the rest will come!