[0:00] I think there are three lies that [0:02] potentially could keep you from moving [0:05] closer to having a monetized channel on [0:06] YouTube. Let me define what they are. [0:09] Number one, you need a million [0:11] subscribers to actually make real money. [0:13] Well, that's false. Number two, you need [0:17] to post a video every single day to get [0:19] your channel monetized. [0:22] Also false. And then lie number three is [0:26] once your channel gets monetized, money [0:27] just rolls in automatically. [0:30] That one is definitely false. Now, I [0:33] share those because I have gotten [0:34] comments about all three of those things [0:36] from my viewers multiple times. So, I [0:40] thought, let's just confront those kind [0:42] of things head-on and just explain [0:44] exactly how this whole getting your [0:46] channel monetized and what it means in a [0:48] big picture works. There's an actual [0:51] system that YouTube uses to decide who [0:53] gets paid and how much for what kind of [0:55] videos. By the end of this video, I want [0:58] you to have a clearer picture of how [1:00] YouTube monetization actually works and [1:03] how you can build in that kind of system [1:06] as you build your own channel. So, let's [1:08] get into it. Hey, if we haven't met, my [1:10] name is Diane. I'm in my mid-50s and [1:12] I've started this YouTube channel to [1:14] help my fellow folks who are over the [1:15] age of 40 to have opportunities for more [1:18] impact, influence, and hopefully more [1:20] income online. And one of the best ways [1:23] to do that is with a YouTube channel. [1:27] So, YouTube monetization, let's get into [1:30] the details. First things first, YouTube [1:33] just does not hand out paychecks to [1:35] anyone who uploads a video to YouTube. [1:37] Wouldn't that be nice? There is a [1:39] gatekeeper system that you have to rise [1:42] to the established levels to be able to [1:43] get into it and that's called the [1:45] YouTube partner program. So you can [1:48] think of the YouTube partner program [1:50] sort of like a building with two doors [1:52] into it. You have to unlock each door [1:55] with specific keys before you can see [1:58] what's behind those doors. So the first [2:00] door you'll get to I'll refer to as the [2:02] fan support door. That first door [2:05] requires two keys. That's 500 [2:07] subscribers on your channel and 3,000 [2:10] accumulated watch hours that you've got [2:12] in the last 12 months. If you're only [2:14] making shorts, that's a little bit [2:15] different, and I'll get to that in a [2:17] minute. So, when you unlock door number [2:20] one, we'll get to what we'll call [2:22] fanpowered income. And fanpowered income [2:25] would include things like super thanks. [2:28] And this is a button that appears under [2:30] your videos where viewers can like give [2:33] you a tip on your videos of $2, $5, $10, [2:36] $50 just to say thank you for the [2:40] content that they enjoyed watching. So, [2:43] think of it like a digital tip jar. Then [2:45] you also have super chat and super [2:47] stickers. If you live stream on YouTube, [2:51] viewers have the opportunity to kind of [2:53] highlight their message in the chat, and [2:54] they can do that by paying some money [2:56] through a super chat option. You might [2:59] think of it as somebody who decides to [3:00] buy a round of drinks at a party just [3:02] because they kind of want to get [3:03] everybody's attention. [3:05] It's probably not that expensive, [3:06] though. Door number one unlocks channel [3:09] membership options, so viewers can pay [3:12] like $4.99 a month to become a member of [3:17] a channel. You can set that admission [3:18] price of whatever number you want, but I [3:20] I see $4.99 as kind of being the general [3:22] choice. So, with that membership, people [3:25] pay and you can give them access to [3:26] exclusive content, to live streams with [3:29] you, to early access to things. So, [3:31] these initial things that you get by [3:33] unlocking that door number one, it's [3:35] actually real money. It may not add up [3:37] really quickly, but it does give you [3:39] your foot into the door into the YouTube [3:41] partnership program. These options that [3:43] come with door number one are real [3:44] money. I don't want you to dismiss it, [3:46] but the reality check is there's not a [3:49] whole lot of income potential that comes [3:50] from this. It really is kind of just [3:52] your foot into the door into the first [3:55] part of the YouTube partnership program. [3:57] Now, door number two is what we'll call [4:00] the ad revenue door. And this is the one [4:02] where more opportunities really open up [4:04] for you. And when somebody says or [4:06] thinks, "I want to get my channel [4:08] monetized," this is generally what [4:10] they're referring to. To unlock door [4:12] number two, you need 1,000 subscribers [4:15] on your channel and you need an [4:16] accumulated 4,000 hours of watch time in [4:20] the last 365 days. Or if you're doing [4:23] shorts, it's 10 million shorts in 90 [4:25] days. When you unlock door number two [4:28] and get to this level of the program, [4:30] this is when YouTube starts to share ad [4:33] revenue money with you. We've all seen [4:35] the ads that come up on videos. They're [4:36] at the beginning, they could be in the [4:38] middle, or they show up at the end, too. [4:41] Thousands of companies of all different [4:43] types pay YouTube for the option to show [4:45] their ads on your videos. When that [4:48] happens and you're part of the YouTube [4:50] partner program, then YouTube will give [4:52] you 55% of the money that they receive [4:55] for those ads. So, let's talk about [4:57] where that ad money actually comes from [5:00] because I kind of think that that's [5:01] where a lot of the confusion happens on [5:03] this topic. Imagine your YouTube video [5:06] is a billboard, but it's not a billboard [5:08] on a country road. is actually a [5:10] billboard on one of the busiest [5:11] interstates that's in your community. [5:14] You've created something that's valuable [5:17] in your video. Maybe it's a tutorial or [5:21] a pretty riveting story or really [5:23] helpful advice or a recipe that [5:25] everybody likes, whatever. And because [5:28] it's good, people stop scrolling and [5:29] they hit the video and they're watching [5:31] it. And that is valuable to YouTube and [5:34] to the companies that pay to advertise [5:36] on it. Now, companies can see that [5:38] people are watching your billboard or [5:41] your video and they want to put their [5:43] advertisement on it, but you don't have [5:45] time to call all these companies and [5:47] negotiate rates. So, YouTube in essence [5:49] becomes your ad manager for this. That [5:51] manager specifically is Google AdSense. [5:54] The premise here is that Google AdSense [5:56] goes out and finds advertisers. They're [5:59] sort of saying, "Hey, we've got an [6:01] amazing creator here who has a channel [6:03] that people love to watch about home [6:05] organization tips. you seem to have [6:08] products that go along with home [6:09] organization. Do you want to advertise [6:10] on this channel? The advertiser says [6:13] yes. They sign up with AdSense and they [6:16] pay for the ads. Then Google AdSense [6:18] takes their cut, which is 45% and then [6:21] you, the video creator, are left with [6:23] the 55% that comes from the payment for [6:26] the ads. You didn't have to sell [6:28] anything. You didn't have to negotiate [6:30] any agreements. You just made the video [6:32] and in essence created that billboard. [6:35] Let me give you a simple example. Let's [6:38] say a company pays $10 to show their ad [6:42] on your video. If you get a,000 views on [6:45] your video, then AdSense will keep $4.50 [6:49] of that $10 and you will get $5.50. [6:53] Now multiply that by videos that might [6:56] potentially get far more than 1,000 [6:58] views. That number is paid for every [7:00] thousand views that comes on your video. [7:03] You can see how that can start to build [7:05] over time the more views and popular [7:07] that your channel gets. Now, with [7:09] anything that deals with advertising, [7:12] you're not actually selling products [7:14] with this. You're renting attention. [7:17] And the beautiful part about having a [7:19] monetized YouTube channel is that you do [7:21] the work once and then that video has [7:23] the capacity to keep pulling in views [7:26] for months or even years while you sleep [7:29] and travel and do all the things in your [7:32] life because you made the video. You put [7:34] it on YouTube and it has the capacity to [7:36] keep earning for you. All right, I want [7:38] to give a little adjustment as to how [7:40] YouTube shorts work within all that [7:42] because I know I have a lot of viewers [7:44] that are concentrating on building a [7:46] channel that's much more based on [7:47] shorts. Now, anytime you're on YouTube, [7:50] you see shorts everywhere. They're a big [7:52] thing that they're pushing. They're a [7:53] big thing that people are creating [7:55] because vertical video is something that [7:57] people really enjoy consuming. We see it [8:00] on Tik Tok. We see it on Instagram, [8:02] Facebook reels. It's becoming a thing [8:04] that more people are moving toward, but [8:06] it has very different elements from the [8:08] long form or the horizontal videos like [8:10] the one you're watching now. And with a [8:13] short on YouTube, you might have the [8:15] possibility to put up a 30 secondond [8:17] clip and all of a sudden you wake up the [8:18] next day and you see it has a 100,000 [8:20] views on it. It's more likely to happen [8:22] with a short than it does with a [8:24] horizontal long form video. And it might [8:26] be, wow, that's a big boost. But I just [8:29] want you to be aware that shorts and [8:32] long form videos live in two very [8:33] completely different worlds when it [8:35] comes to monetizing your YouTube [8:37] channel. All right, let's break it down. [8:40] For long- form videos, and again, [8:42] they're the ones that are horizontal and [8:45] they're over 60 seconds long. You need [8:47] 4,000 watch hours to monetize. Ads have [8:50] the capacity to play before, during, and [8:52] after your video. You earn 55% of the ad [8:56] revenue. And the RPM, I'll define that [8:58] term a little bit more later, but in [9:00] short, it's the revenue per mill, which [9:02] is a fancy way to say a,000. Your RPM [9:06] can range from $3 to $30 depending on [9:11] the niche and the topic of your video. [9:14] Now, it's all different with YouTube [9:16] Shorts. You need 10 million views on [9:18] Shorts in 90 days to monetize. Yeah, you [9:21] heard me right. 10 million views. Ads [9:25] don't play on individual short videos. [9:28] Instead, YouTube pulls all the ad [9:30] revenue from the short stream that [9:32] somebody might be watching and then [9:33] splits it among the creators that showed [9:35] up there. That's based on views and then [9:38] also music licensing, which is a big [9:39] deal with shorts often times. You [9:42] typically earn much less per view [9:44] compared to long form content. And your [9:46] RPM might be anywhere from like 5 cents [9:50] to 10 cents per 1,000 views. But here's [9:53] something I really want you to be aware [9:55] of. You can kind of get excited and get [9:58] somewhere like a a half a million views [10:00] on your shorts and still be nowhere [10:03] close to unlocking the ad revenue you [10:05] need to get into the YouTube partner [10:07] program that you've been building with [10:08] your long form videos because those [10:10] shorts do not count at all towards your [10:13] 4,000 watch hours. That's a big thing to [10:15] understand and I think it's a big thing [10:16] that people had the potential of missing [10:18] with this. So, what should you do if [10:21] you're a little bit more focused on [10:22] having the vertical shorter videos than [10:24] the YouTube shorts? They do absolutely [10:27] have their place. I think shorts are [10:29] really good for introducing your content [10:31] to different viewers than what your long [10:33] form content might get to. I think [10:36] they're good for teasing your long form [10:38] content. You can make a short that's [10:39] sort of like carved out of your longer [10:41] form content, link that longer form [10:43] video to it, and send the short out on [10:45] its own. and shorts I think are helpful [10:48] to build your subscriber number overall. [10:50] But if your goal is to make consistent [10:53] monthly income from your YouTube [10:55] channel, it's going to be a whole lot [10:57] harder to get to the place where you can [10:59] start doing that with shorts than it [11:00] will be with long form content. You [11:03] might want to think that your long- form [11:04] videos are actually your money makers, [11:06] but your shorts are kind [clears throat] [11:07] of like your marketing team. Make sense? [11:11] All right. Right now, we're going to get [11:12] to the part of YouTube monetization, [11:14] which I think is probably has the [11:16] highest potential to be the most [11:17] confusing. So, I'm going to do my best [11:18] to try and just explain this to you. If [11:21] you've watched any videos about YouTube [11:23] monetization, you're often going to see [11:25] a creator that's kind of like bellowing [11:27] about the kind of money that they're [11:28] making with their kind of channel. And [11:30] you might see a creator who says that he [11:32] has 50,000 views on a on a video and he [11:35] made $2,000 from it. then you might [11:38] eventually get into the program and have [11:40] a video that takes off and it gets [11:41] 50,000 views and you might make $125 [11:45] from it. What happened? Did YouTube scam [11:47] you? Nope. It's just kind of how it [11:51] works. It comes down to two acronyms. [11:54] The RPM, like I described a little while [11:57] ago, and CPM. [11:59] So, what do these mean? CPM is the cost [12:02] per mill. And again, mill just means [12:05] a,000 views. The CPM is what advertisers [12:08] are willing to pay you when your video [12:11] is shown to your audience. The RPM is [12:14] the revenue per mill, and that's the [12:15] amount that you actually take home after [12:18] YouTube takes their cut out of it. [12:20] Here's what I need you to really [12:21] understand. [12:23] Not all videos have the capacity to make [12:26] the same amount of money. So, let me try [12:28] and explain this with a couple different [12:30] examples. [12:31] Say your YouTube video is a finance and [12:35] career-based channel. You make videos [12:38] about retirement planning, about [12:40] investment for beginners, about smart [12:42] home budgeting. Your viewers are [12:44] probably have a higher chance of being [12:46] financially stable, of being decision [12:49] makers who put some research into things [12:51] before they do it. And there's probably [12:52] a good chance that a lot of them are [12:54] homeowners. Advertisers in the financial [12:58] industries or real estate or insurance [13:00] might be willing to pay somewhere [13:03] between $20, $30, even up to $50 to get [13:08] in front of your audience. That means [13:11] your RPM, your revenue per mill might [13:14] end up being like between $15 and $25. [13:18] Now, let's look at the other side of the [13:19] spectrum and say that you have a YouTube [13:21] video that is a lot of videos of your [13:24] cat doing what you think is very funny [13:25] things. Your viewers are there for the [13:29] entertainment and there's absolutely [13:30] nothing wrong with that. But advertisers [13:33] who might be willing to pay to get on a [13:35] funny cat video might be a little bit [13:38] more towards mobile game and gambling [13:41] companies or their snack brands or [13:43] they're pretty low ticket impulse buys [13:46] as somebody might have. That means they [13:48] might only pay between $2 and $5 for [13:53] a,000 views. your RPM, your take-home [13:56] pay per,000 views might be between $1 [13:59] and $3. [14:01] Same number of views, wildly different [14:04] YouTube paychecks. [14:06] So, if your channel is monetized, you [14:08] can go on every one of your videos and [14:10] see what the CPM and the RPM are. Let me [14:12] just show you quickly how to do that. [14:14] Just once you're in YouTube analytics, [14:16] you go to content, you choose a [14:18] particular video. You go to that video's [14:21] analytics, and then you go to the [14:23] revenue tab. Here's a look at one of my [14:25] videos that I posted in mid January of [14:28] this year. The CPM, how much advertisers [14:31] pay for a,000 views on it, is $1542. [14:35] The RPM, how much I actually earn from [14:38] a,000 views on it, is $8.81. [14:42] Honestly, this might be a little bit [14:43] below average for me. Generally, the CPM [14:46] for my videos, which is usually on [14:49] YouTube or tech or AI tutorials or [14:51] something like that, is usually a little [14:53] closer to the $20 range. But I'm going [14:55] to tell you a secret. The amount of [14:57] money that I make through the YouTube [14:58] partner program is one of the smallest [15:00] income streams that I have with my [15:02] channel. Honestly, I think it could be [15:04] the same way for you, too. Hey, I'm [15:07] jumping in here while I'm editing this [15:08] video because I want to encourage you. [15:12] Monetizing your channel through the [15:13] YouTube Partner Program is an awesome [15:15] goal, and I know it's one that so many [15:17] of my viewers have met and they're doing [15:18] well. But I want to encourage you that [15:21] there are so many ways to be able to [15:23] earn with an a YouTube channel. [15:24] Honestly, for me, YouTube monetization [15:26] is pretty low on the list of the options [15:28] that I'm pursuing right now with the [15:30] actual income that's coming in. So, [15:33] because I wanted to just be clear and [15:35] provide a lot of good information for [15:36] you, I wrote an ebook on this topic. [15:38] It's called The YouTube Plan That [15:40] Finally Clicked. My subtitle is a [15:42] step-by-step guide to turning consistent [15:44] content into opportunity because that's [15:47] what I've tried to do with this channel, [15:48] and I'm really kind of seeing some fair [15:50] amount of success with. So, I talk about [15:52] lots of different ways you can do it [15:54] with uh brand sponsorships, with [15:56] affiliate marketing, with digital [15:57] products, and several other ones. And [15:59] then I go into lots of different niche [16:02] examples too of lots of different topics [16:04] that your your content might be about [16:06] and then ways that you can tie those [16:08] income generating opportunities into [16:10] them. So I really want to encourage you [16:12] not to get stuck in the idea of wow okay [16:16] I want to monetize my channel and and [16:18] that's it because you'd really be [16:20] missing out on so many opportunities. I [16:21] have a QR code on the screen if you're [16:23] watching on a TV. It's easy to just scan [16:25] that and take a look or I have it linked [16:28] actually in two places below. I'd love [16:30] for you to take a look because I think [16:31] it could benefit if you have on your [16:33] mind that you want to earn with your [16:34] YouTube channel. Don't be locked in to [16:36] just this YouTube partner program. It's [16:39] great, but it is so small compared to [16:41] all the opportunities that exist. I hope [16:43] you take a look. So, the main point I [16:45] want to make with all this is to help [16:46] you understand that what you choose as a [16:50] niche for your videos and even the [16:51] specific topics that you'll choose with [16:54] your videos really affect the amount [16:56] that you'll get paid through the YouTube [16:58] partner program. But the niche is kind [17:00] of what makes the biggest difference in [17:01] it. A channel about budgeting, about [17:05] home management, about health care, [17:08] career development or investing. All of [17:10] those kind of things are always going to [17:12] earn pretty big amount more per view [17:16] than a channel that is about your cats [17:19] or gaming or just kind of general [17:22] entertainment and you sitting and just [17:23] shooting the breeze. It is not about [17:26] being boring. It's not about being the [17:28] topics that maybe people are going to be [17:30] the most drawn to. It's really [17:32] understanding what advertisers value the [17:34] most and the topics that they're going [17:36] to be able to pay and drawing in an [17:38] audience that these advertisers think [17:40] are ready to pull out their credit card [17:41] and buy the services that are in the [17:43] ads. So, just to help your big picture [17:45] understanding of this, here's what [17:47] drives high RPMs. Topics related to [17:51] money, finance, real estate, business, [17:53] investing. Topics related to major life [17:56] decisions, health, parenting, and career [17:58] type things. topics with an audience [18:00] that has purchasing power and topics in [18:04] regulated industries like legal, [18:06] medical, and insurance. Here are the [18:09] channel niches that typically have lower [18:11] RPMs, [18:13] pure entertainment content, [18:16] gaming, unless it's gaming, hardware [18:18] reviews, [18:20] general vlogs, and here's what I do in a [18:22] day, music covers, [18:26] and then just compiling a whole bunch of [18:27] memes that you think are funny. So, the [18:29] good news about this is that you get to [18:31] choose. You can go into it eyes wide [18:33] open and have a channel that's maybe a [18:35] little bit more hobby and you don't care [18:37] if you make a lot of money through the [18:38] YouTube partner program, but you enjoy [18:41] doing it and it's really a bright spot [18:42] in your day to work on your YouTube [18:44] channel. There is absolutely nothing [18:46] wrong with that. But if you are wanting [18:47] to build and develop a channel that has [18:49] the potential to earn more through the [18:51] YouTube partner program, you kind of [18:53] have to make some strategic choices [18:54] about a niche. If you have experience [18:58] and knowledge in one of those higher [19:00] value topics, then get yourself set for [19:03] success and talk about that a little bit [19:05] more and hopefully be reaching some of [19:07] those higher paid niches. All right. If [19:09] you're nosy about what somebody might be [19:11] earning from a YouTube channel, there [19:13] are a couple places online where you can [19:15] at least get a ballpark idea of how much [19:18] they might be earning per month in the [19:19] YouTube partner program. I can't vouch [19:22] for exactly how accurate they are. And [19:24] when I look at the numbers that are [19:25] associated with my channel, I think I [19:28] don't really think that's right. But I [19:30] will say, okay, if we're talking general [19:31] ballpark, it's close enough. Here's [19:33] those two sites. One is socialblade.com [19:37] and the other is viewstats.com. [19:40] All right, let's talk about general [19:43] timelines that it might take you to get [19:45] to the part where your channel is [19:47] monetized by the YouTube partner [19:49] program. I want to be encouraging. I [19:51] want to be honest and give you a [19:53] paradigm that I think could be [19:55] realistic. [19:56] If you are starting from absolute zero, [20:00] here's a timeline that might be what [20:02] your future looks like with YouTube. [20:03] Months one through three is 100% the [20:07] learning curve. You are figuring out [20:11] your setup, how you want to have your [20:13] camera, the natural light that you want [20:15] to get from the window that you sit in [20:17] front of to talk. you are kind of [20:19] figuring out the topics that come [20:21] naturally to you, the topics that you [20:23] don't have to think about to talk about, [20:25] and you're getting more comfortable with [20:26] just being on camera and how you want to [20:28] talk in general. You might be getting [20:32] 15 views a video up to like maybe a [20:35] 100red views a video. You might have 10 [20:38] subscribers. And let me encourage you [20:40] that this is 100% normal and you [20:43] shouldn't feel bad about any of those [20:45] numbers. You are not failing. you are [20:47] building the foundation that everything [20:49] else will then get built on top of. So [20:52] months four through eight, you're moving [20:54] more a little bit more into the momentum [20:57] phase. You are starting to get a little [20:59] bit more comfortable with figuring out [21:01] how this whole YouTube thing works and [21:03] you're getting a little bit more [21:04] comfortable being on camera. you have [21:06] posted enough consistent videos and [21:09] you've narrowed down your topic [21:10] selection and you're sort of landing [21:12] into a niche and YouTube's algorithm is [21:14] starting to figure out a little bit more [21:16] about who they should be showing your [21:17] videos to. You might start getting [21:20] somewhere between like 200 and 500 views [21:22] a video and subscribers are going to [21:24] trickle in a little bit more steadily in [21:25] this phase and you might be up to like [21:28] the 300 400 subscriber point. Again, [21:31] this is all completely theoretical. I'm [21:33] just kind of maybe showing an examples [21:35] to give you an idea what to expect. Your [21:38] results will probably not be exactly [21:41] like this. So, now we get up to like the [21:44] 9month to the 18month period. And we're [21:47] going to call this the breakthrough [21:49] window. Why? Because this is where I [21:52] think a whole lot of people decide I'm [21:55] out or this is kind of work. I'm going [21:58] to keep giving it some more time and [22:00] effort. If you've stayed consistent, if [22:04] you have worked on trying to improve one [22:06] thing in every video so you get a little [22:07] bit better with how you're doing it, [22:10] this is the time that you might likely [22:12] hit that 1,000 subscriber mark. And [22:15] somewhere in that 9mon to 18month [22:17] window, hopefully you're going to hit [22:18] the 4,000 watch hour mark. And remember, [22:20] those 4,000 watch hours have to be [22:22] accumulated in the last 365 days. You [22:26] might hit those kind of things in the [22:27] ninth month. You might hit those kind of [22:28] things in the 16th month. None of those [22:31] numbers are wrong. All those things are [22:32] completely normal. Now, let's say you're [22:35] at month 18. You're a year and a half [22:36] into this. So, let's give this the name [22:39] of the paycheck phase. Your channel has [22:42] reached the levels where you are fully [22:45] monetized in the YouTube partner [22:46] program. You are seeing deposits into [22:49] your bank account. It might be $50 a [22:52] month. It might be $150 a month. It [22:55] might be more than that if you're doing [22:57] well. that stays consistent because [23:00] hopefully you're staying consistent in [23:02] your posting, which is really key in [23:03] that. But you're also starting to glean [23:07] the premiums that come from having a [23:09] good library of videos that's underneath [23:11] of you. Because once you get monetized, [23:12] you have the capacity to go back and [23:14] earn from all of those videos that are [23:16] already on your channel. Now, can you do [23:20] all this faster? Absolutely. And I've [23:21] seen people do it. If you if you nail [23:24] what you know your niche is going to be [23:26] and you are consistent in posting and [23:29] you're really working on improving so [23:31] that your video quality consistently [23:33] improves. Sure. I think it can be done [23:34] quicker than that. Can it take longer? [23:37] Absolutely. And it can take longer if [23:40] you post pretty sporadically. Or maybe [23:44] you pick a topic that is overly [23:46] saturated and you didn't do anything to [23:48] kind of set yourself apart with like a [23:50] specific avenue within that topic. Or [23:54] honestly, maybe your videos could just [23:56] use a little help and you're not really [23:57] paying attention to what you can do to [23:59] get better each time you post. [24:02] Then it could definitely take longer. [24:04] But here's what I want you to [24:06] understand. YouTube, like investing, is [24:09] all about compound interest. every video [24:12] that you post is building on your asset. [24:15] Your videos don't disappear in 24 hours [24:17] like something like posting on Instagram [24:19] has the likelihood of doing. They sit [24:22] there and they keep accumulating views. [24:24] People keep searching for topics that [24:25] they might be about and they hopefully [24:27] show up as a potential answer for them [24:30] and these views can keep accumulating [24:31] for years. I have videos that I posted [24:34] in 2019 on this channel that I can see [24:37] are still getting views every single day [24:39] and that means they are building into my [24:42] earnings every single day. I did the [24:45] work six or seven years ago at this [24:46] point and I'm still getting paid for it. [24:49] So, you can think of starting a YouTube [24:51] channel like you're buying a lottery [24:53] ticket. Like, well, maybe this will [24:54] work. Maybe I'll win. Or you can look at [24:57] YouTube as I'm going to build this. I'm [25:00] going to be strategic about it. I'm [25:02] going to think about where I want this [25:03] channel to go and I'm going to think [25:05] about building a channel that has the [25:06] capacity to reach viewers and to earn [25:08] money from it. So, I hope that has [25:11] helped to give you maybe a clearer and [25:14] more realistic expectation of what to [25:17] have when you're pursuing the YouTube [25:19] partnership program to earn money [25:20] through what's most people refer to as a [25:23] monetized channel. Now, again, this [25:25] isn't the only way that you can earn [25:27] with a YouTube channel. There's a lot of [25:29] ways to do it and I would venture to say [25:31] even from my own experience that there's [25:33] a lot more ways that you have the [25:34] capacity to earn more money from than [25:36] the YouTube partner program. I just [25:37] really want to encourage you not to get [25:39] locked into this is the only way and [25:41] this is the best way. So again, I do [25:43] have uh an ebook down in the description [25:46] that I think could help to open your [25:49] eyes to the different ways that you can [25:51] earn from it so that the work you're [25:52] already putting into your channel has [25:54] the option to pay you off in different [25:55] ways. I really hope you'll take a look. [25:58] And hey, if you are pursuing a YouTube [26:00] channel because you enjoy it and it's a [26:02] good hobby for you and a good creative [26:04] outlet, wonderful. There are so many [26:07] people that are doing that and they're [26:09] they're enjoying the creativity. They're [26:10] enjoying the option to be able to share [26:12] their knowledge with people who can [26:14] benefit from it. And the monetization [26:16] goals aren't really as big of a thing [26:18] for them. Good for you. But if you think [26:22] I'm gonna put in this time and I want to [26:23] see what I can earn from it, then you [26:26] got to stay a little bit more fixed on [26:27] that path. Either way, you do not need [26:30] to be super techsavvy to succeed on [26:33] YouTube. You don't have to have a film [26:35] degree or intense knowledge about how to [26:37] do all of this because really the only [26:39] way you're going to get better is to [26:41] learn as you go and try to improve one [26:43] thing in every video that you post. You [26:46] don't need the most expensive equipment. [26:48] I'm doing it with an iPhone and I'm [26:50] sitting in front of a window for natural [26:51] light. You can do the same thing. What [26:54] will help you to be able to succeed with [26:57] YouTube and what will help you to [26:59] achieve your goals within the YouTube [27:01] partner program is to be consistent in [27:04] posting and strategic in how you're [27:06] going about doing that. I do have a uh [27:10] playlist down below uh that is focused [27:12] on how to succeed on YouTube, especially [27:14] when you're over the age of 40 that if [27:16] you want to pursue a little bit more of [27:17] that strategic part, I do have some [27:19] videos in there that I think might [27:20] capture your attention and hopefully [27:21] really be of help for you. So, it's time [27:25] go build your billboard. Put it along [27:27] that highway so those advertisers [27:29] capture the attention and YouTube's [27:30] like, "I've got somebody for you that's [27:32] a good match with what you want to [27:34] advertise for." Your videos are that [27:36] key. Hey, thanks so much for watching. I [27:39] hope this has explained some things. I [27:41] hope it's brought some clarity and I [27:42] hope it's encouraged you to see that if [27:45] you want to have a channel that makes [27:46] money, you've got a lot of ways to be [27:47] able to do it. If you saw that video I [27:50] played earlier with a sample of my video [27:53] on a billboard and you thought, "Hey, I [27:55] haven't seen that video yet." It's a [27:56] good one to watch. I think it's called [27:58] uh how I'd start a YouTube channel in [28:00] 2026 if I had to start over. I have it [28:02] linked here. I'd love if you'd watch [28:04] that one next.