THE YOUTUBE CHANNEL GOLDMINE

How much exactly can you earn from a YouTube channel?

To answer that question, let's first look at the facts

YOUTUBE  HAS OVER 1 BILLION USERS

This means that almost a third of all the internet users are YouTube users

YOUTUBE REACHES A GREATER AUDIENCE IN THE US THAN ANY CABLE NETWORK

On mobile alone, YouTube boasts a large audience between 18-49 year olds.

THERE ARE MILLION OF HOURS OF VIEWS EVERYDAY ON YOUTUBE

This undoubtedly generates billions of views of YouTube content.

Having read those stats, you can easily realise that the money that you can generate on YouTube is unlimited.
To be more statistical, YouTube income alone is enough to make you a Billionaire in weeks.

That sounds really interesting. But this would mean having the entire of the YouTube audience to your channel.

Since this is practically an impossibility for a beginner, let me take it a notch lower.
I’m sure you have heard the quote: 'Aiming for the stars and landing on the moon.' My interpretation for this quote is that you can become a Millionaire on YouTube alone.

I am going to break this down for you in steps so that you can join these YouTube Millionaires club.

How does one make the money?

Now that you know that you can easily be a millionaire via YouTube, I`m sure you are asking yourself; How exactly do I make this money?
The answer is simple, through advertisements.

If you have been to YouTube,which is pretty obvious that you have been, you have probably come across a short advertisement at the beginning of the video that you want to watch. In most cases, this ad has a button where you can choose to "skip ad"
This is what earns you money.

How do I get started?

Getting started is even easier.
I'll break it down into 4 steps:

      Step 1

•  Create a google account.
•  If you already have a google account, then
•  Head over to youtube.com
•  Click 'sign in'. This option should be at the right corner of the screen 
• Go to YouTube Settings. Click on your profile icon and the select 'settings'
• Select 'Create Channel'
•  Choose any one type of channel option.
•  Name your channel
• Select category

And as easy as ABC you have your own YouTube Channel! Congratulations!!

   Step 2

• Choose a YouTube Channel art. This is important as people looking to subscribe to your channel will see this art. It's the first impression. It isn't hard and I'm sure you are creative.

Need a little help?
See Channel art samples here 79 YouTube Channel art samples
        Or
Get a free YouTube Channel art template here YouTube channel art template

• Add your YouTube Channel description
• Update any other pending or missing information about yourself

     Step 3

• Create a short channel trailer >This is to introduce an outside to your YouTube channel.This may go a long way.Make sure that your trailer is creative.
• Upload content >This is considered by some people a cumbersome task. But it's easy and a lot of fun.                                                                                                                                                                                  Upload content to show the world what you like, what you do and what your hobbies are. This maybe; singing, home tutorials, dancing tutorials, online storytelling, interviewing people,comedy vines and so many more. Here the list is endless. You are simply attracting an audience to yourself.

     Step 4

• Gain an audience > Ask your friends to join, share on social media or even ask bloggers to redirect their traffic to your channel. The key thing here is to get as many views as possible for your videos.

Once you hit a total of 10K views cumulative for all your videos, sign up with adsense and have ads placed on your uploads. 

Hitting 10K views is pretty easy since all you need to do is to network.For example, you may ask all your friends with a large follow audience to post requesting their followers to check out your channel.

Social media will do the magic for you.

Make money alternatively by:

Working with brands - This is affiliate marketing. Do a video promoting a particular brand on your channel and get paid by the owner of the brand.

For the full guide on how to make income on YouTube without or in addition to the ad feature, check out the following guide by the YouTube Creator Academy

And there you have it.
Good luck and see you in the millionaire's club.

Some motivation for you

 Forbes reported that A famous YouTube channel; PewDiePie earned $15 million in 2016 alone.

See the full list of Highest Earning YouTube Stars in 2016 and their humble starts

Check out my next article on how to optimise your YouTube channel in order to get more views.

Share your views or ask questions in the comment box below.