Rather than making money through subscriptions, YouTube channels are based on a traditional advertising system. Meaning the more viewers you get, the more you make. Once you’re approved for the YouTube Partner Program and can start including ads on your videos, with every 1,000 views, you will make approximately $2-$4. Which might not seem like a lot, but if you have 100 videos with 5,000 views a month each, that would be $1,000–$2,000 already. Just imagine if your videos start hitting millions of views!
I recently gave some marketing tips to a bunch of local professional photographers who formed a company about 3 years ago. There are 7 of them and they were making around £400 a month (collectively). So I advised them to create a website, show their individual skills on the site, and start promoting themselves. (No no no, not the way you are already thinking!) The skills about their technical know-how, courses they can offer, and (very importantly) reviews of the latest equipment on the market.
My next self-funded business hit $160,000 in revenue in its first year alone. After that first taste of self-made success, I’ve gone on to sign consulting contracts worth tens of thousands of dollars with startups like LinkedIn and Google, launch profitable online courses, and grow my blog to over 400,000 monthly readers and $50,000/mo in side income.
Over the following months, I kept a close eye on what he was doing and it was easy for me to see that he was messing up the paid campaigns that I had built, but was still clearly making a ton of money. The search engine optimization (SEO) work to help him rank higher on Google for a number of popular searches ended up helping him for a long time until his website one day disappeared. I estimate the work I did for him made him at least $5 million, but I still made a little over $200,000. Still a super solid return on my time.
Amazon Mechanical Turk is a service that lets you make money online through doing paid microtasks. Each task is something simple that requires human interaction like rating search results, checking for the right spelling on search terms, categorizing the tone of an article, or even basic translating. You can do these tasks from anywhere you want and make money online from the world’s largest e-retailer.
Over the past seven years, I’ve helped sell over 50 different types of products online by providing marketing services. I’ve marketed and sold so many things for people online, including master’s degrees for universities, headphones, travel experiences, hats, sports memorabilia, prefabricated homes, insurance, legal services, real estate services, dental services, and even supplements. In all of these cases, I was getting paid by someone else to sell their products online – none of these were my websites or my products.