Why You’re NOT Making as Much Money on YouTube as You Want: The YouTube Power Hour Podcast 401
Power up your mind, create from confidence, and dazzle on camera with my ALL NEW Capture Your Confidence course! Capture Your Confidence is the complete step-by-step system that will help you bulletproof your mind against the negativity, and unleash your inner it-factor so you can confidently uplevel the way you look and feel on camera.
After working with and interviewing over 1,000 YouTube creators, I have found that there are three money mistakes that a lot of YouTube creators are making… and it’s holding them back from maximizing their income!
This might sound controversial, but I love talking about money. I love making money (who doesn’t!?), but I also love teaching people how to make money, and I love YouTube because it’s an amazing platform that you can make a lot of money from!
Here are the top 3 mistakes YouTube creators are making when it comes to money:
- Not thinking about YouTube as a way to make money: so many creators get on YouTube as a hobby and not to make money, and that may have been the case 7 or 8 years ago, but a lot has changed since then! There’s nothing wrong with declaring that you want to get on YouTube to make money. You want to make an impact, but you can make an even bigger impact when you’re making money. YouTube is a huge time commitment and it isn’t always sustainable if you’re not deriving an income from it.
- Not optimizing your video for AdSense: you can make a decent amount of money from AdSense without having millions of subscribers or views. You’re leaving money on the table by not putting your midroll ads in your videos! Don’t dismiss AdSense!
- You don’t have to have a huge audience to make money: Most people think you have to have tens of thousands of subscribers to generate money off YouTube, but that is simply not true! The more niche your audience and topic is, the better, but also, the ability for your channel to have affiliate income or brand deals play a huge role. I have 10k subscribers on YouTube, and I’m making multiple 6 figures a year through selling my online courses. There are so many different ways to monetize your channel that you can do completely online! From digital products to courses to coaching, the possibilities are endless!
If you’re putting time and effort into your content, you want to start thinking about how you can monetize your audience. What is your audience telling you they love about you and what they need from you?
Resources
CLICK HERE to get the ALL NEW Capture Your Confidence Course
CLICK HERE to get the Audience Attraction System
Add your name to the Zero to Influence YouTube Bootcamp waitlist so you are notified when space becomes available!
Watch my FREE Zero to 100k Subscribers Masterclass
FREE GUIDES:
Creating Content During Crisis: How to Create Impactful Content During COVID-19 Pandemic
Getting Started on YouTube: YouTube Niche Workbook
How to get onto PR lists and receive a TON of free product even if you have a small following: PR List
YOUTUBE OPTIMIZATION PLUG-IN I RECOMMEND
TubeBuddy [Use the code ErikasBuddy to get 20% off]
MY FAVORITE BUSINESS TOOLS
Course Creation: Looking to create a course? Kajabi is the BEST platform hands down. I use this for my course after extensive research on all the other platforms.
Live Calls and Interviews: I use Ecamm for my podcast interviews, both audio and for YouTube that you see here on YouTube. It makes it super easy to share my screen and create the split-screen with my guest. I’m not super techie and this software is really easy to use!
Webinars and Live calls: I use Zoom.us for my group coaching calls in my private membership group for female YouTube creators. It’s also the software I use to record my Road to 100k YouTube Subscribers Masterclass!
THE BEST YOUTUBE/PODCASTING EQUIPMENT
After interviewing HUNDREDS of successful YouTube creators, and being asked all the time what equipment I recommend for YouTubers, I created a list! Click here to see all my recommended equipment for YouTubers!
Podcast Music Credit: Boop by x50 @x50music
Music provided by Free Music for Vlogs youtu.be/o52xQkQWzyU
*Erika Vieira is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to www.amazon.com.
**Disclaimers: all opinions are my own, sponsors are acknowledged. Links in the description are typically affiliate links that let you help support the podcast at no extra cost.
