I Made $840 in My First Year on YouTube
44sExtremely relatable and shocking financial reality of early YouTube creator life, contrasting with perceived success.
▶ Play ClipDerek Muller, creator of Veritasium, reflects on the channel's 13-year journey, from earning $840 in his first year to building a team of over 30 people. He discusses the challenges of content creation, the decision to partner with Electrify, and his vision for the future, including more rigorous science content and a better work-life balance.
In his first year working full time on YouTube, Derek earned $840. In the second year, he earned $12,000.
Derek doesn't sell t-shirts or hoodies. He wants viewers to get more value from him than he gets from them.
The fundamental mission of Veritasium is to increase the level of critical thinking in the world and help people understand how the universe actually works.
The biggest challenge for creators is precariousness: income tied to video performance, and the constant fear of the algorithm changing.
To survive, Derek limited expenses: no travel, filmed at home, edited himself, and did his own animations.
After having his first kid in 2016, Derek launched a Patreon to ensure he could support his family.
The first person Derek worked with consistently was someone who recognized him in a Chipotle.
By 2021, Derek had a talented team, but he still edited half the videos and worked unsustainable hours.
In 2022, Owen and Ian from Electrify bought equity in Veritasium, handling hiring, production, taxes, etc., allowing Derek to focus on content.
Since the partnership, Veritasium has produced some of its most successful videos, with watch time increasing 50% in the last four months.
There are now over 30 people working on Veritasium, including researchers, animators, editors, and production staff.
The channel now produces original Shorts, translates videos into multiple languages, and runs a free science newsletter with over 11,000 backers.
Derek traveled with family, got married, and plans to spend more time with his four kids. He will appear less in future videos.
Veritasium has evolved from a one-person operation to a team-driven juggernaut, enabling more rigorous science content and a sustainable work-life balance for Derek. The channel's mission to increase critical thinking continues, now with a larger team and expanded reach.
"The title perfectly matches the content: a detailed update on the channel's past, present, and future."
How much did Derek earn in his first year of full-time YouTube?
$840
00:29
What is the fundamental mission of Veritasium?
To increase the level of critical thinking in the world.
03:07
What book did Derek mention that led to an estimated 50,000 unnecessary deaths?
Baby and Child Care
02:10
When did Derek launch a Patreon?
In 2016, after having his first kid.
05:34
How did Derek find his first consistent team member?
He was recognized in a Chipotle.
06:17
What company bought equity in Veritasium in 2022?
Electrify
09:07
By how much did watch time increase in the last four months?
50%
11:32
How many people now work on Veritasium?
Over 30
12:11
What languages are Veritasium videos translated into?
Indonesian, Thai, Vietnamese, and more.
14:01
How many backers does the free science newsletter have?
Over 11,000
14:16
Value Over Profit
Derek emphasizes that he wants viewers to get more value from him than he gets from them, a rare philosophy in content creation.
01:39Precariousness of Creators
Highlights the financial instability and algorithm dependency that creators face, a key insight into the industry.
03:46Electrify Partnership
A strategic move that allowed Derek to focus on content while a company handled business operations, leading to growth.
09:07Expanded Mission
Veritasium now produces Shorts, translations, and a newsletter, showing how the channel scaled its impact.
13:48[00:00] (cardboard crunching) and you can skip ahead to the answer if you like, You know, I started this YouTube channel in 2011
[00:16] In units of kilogram. This is the repre- I spent making videos on this channel,
[00:29] Gives mass to the other subatomic part- because there was basically no money to be made. In my first year working full time, I made $840.
[00:44] In my second year, I earned $12,000. the three things that I always loved doing the most, learning about science, teaching,
[00:59] and creating, like performing and making videos. I personally think I'd be terrible at selling things. It'll change your life."
[01:13] I kickstarted a magnetic molecular modeling kit but I hardly ever mention it And I figure if you're looking for something like that,
[01:26] well maybe, you'll find it. I almost never ask you to like, comment, or subscribe. Because I figure you know what you wanna do.
[01:39] We don't sell cheap merch, no t-shirts or hoodies. I want you to get more value outta me than I get out of you. that I am really passionate about is the truth,
[01:54] Our universe is an extraordinary place, oblivious to how it actually works. Well again, well, I know, I know it does
[02:10] - I think that's not just unfortunate. To give an example, in 1958, in his book, "Baby and Child Care,"
[02:23] rather than their backs And this book outsold every other book, So, it was pretty influential.
[02:36] were actually more likely to die well, the book was not promptly updated. leading to an estimated 50,000 unnecessary deaths.
[02:51] when they're in accordance with how the world actually is, or how we'd like it to be. is how do we know what's true,
[03:07] because I want to increase the level That is the fundamental mission of Veritasium. By 2013, I was fortunate enough
[03:21] started to produce enough income to live off. (suspenseful music)
[03:33] and I want to thank you, for making it possible. and what I think is the biggest challenge
[03:46] facing any creator, which is precariousness. I mean, how much you make in any given month And then, there's the comment section
[03:59] is basically tied to how well your videos are received. is just not knowing when this is all going to end, your last successful video,
[04:14] doing what you have been doing. who told me I needed to quote, "Stay relevant."
[04:26] Now, I'm not gonna name names, but I have seen friends and other creators who have stopped making stuff like maybe they've gotten injured or gotten really sick.
[04:40] I mean, there's just a million ways for things to go wrong and only really one way for them to continue to go right. is that the YouTube algorithm
[04:54] I think that's the scariest, because it is so common A violinist placed in one of these rooms was by limiting my expenses.
[05:09] I didn't book travel to filming locations. That is Chernobyl Nuclear reactor number 4.
[05:21] and editing myself. Even the crappy animations, yes, all of that was me. and me depending on it for survival, I was okay.
[05:34] When I had my first kid in 2016, I launched a Patreon to try to ensure that I could always take care of my family, It grew to a size where it was ridiculous
[05:48] I am perhaps the slowest editor you will ever meet, but hiring takes time. at the top of my priority list?
[06:03] on making that next video. but not because I was looking for them, I mean, the first person I worked with consistently
[06:17] And I only found him because he recognized me in a Chipotle. He's researched and written for this channel, plus he's edited, done VFX, made simulations.
[06:31] original music for videos, I hired Petr Lebedev I hired Emily Zang 20 minutes into a Zoom call
[06:45] I found out about you through a friend, Xyla Foxlin. "Oh my god, Derek Muller was texting me." and you were just like,
[06:58] "Well, this is a different interview process." - And then I said, "Do you wanna work with me? - And I was like, "I guess. In how soon?"
[07:13] (Derek and Emily laughing) was my editor, Trenton. I got through cold emails.
[07:27] to have good animations?" "I've seen your animations and I think I can do better." I was like slightly offended reading the email,
[07:40] "Well, if you think you can do better, let's see it." - And we said yes. - You were like, "We can't do that right now,
[07:53] and produce a video as a freelancer?" - And I was like, "That's crazy." But if they found me and seemed decent,
[08:08] By 2021, I had this talented little team So you might think that I could delegate tasks to them but what actually happened was the opposite.
[08:23] because I had to prepare things for them to do You know, I was still editing about half of the videos, I would often drive across Los Angeles
[08:36] because this is the fastest method of data transfer and launch the video by 6:00 AM. than any other year of my life,
[08:51] where instead of tucking my kids into bed, making videos for this channel. which was that this was not sustainable.
[09:07] because even though we got engaged seven years previous we hadn't found the time to have a wedding. when in 2022, these two guys, Owen and Ian,
[09:23] They had started a company called Electrify, build better businesses and achieve work-life balance. for I guess 13 years at that point.
[09:38] and even more of that great stuff. They would buy some of the business, They would take care of things like hiring, production,
[09:52] taxes, all that sort of stuff. So, it was kind of the perfect offer at the perfect time. and all that stuff.
[10:07] Like that's always what it's been about. Plus with the cash they would pay up front for equity, of being a creator, especially at a time
[10:20] and shorts were just starting. And this would allow me to always be able to provide with fewer working hours,
[10:32] So, it was kind of a no brainer. and since then, Veritasium has been owned and run Now, I've seen some comments concerned
[10:46] which I totally get. and just pump out way more videos But fortunately, you don't have to wonder
[10:59] for nearly three years. We have produced some of the most successful videos you collectively have spent the most time watching
[11:16] The videos on forever chemicals, blue LEDs, Videos like these have steadily increased In fact, the last four months
[11:32] that people are spending watching the channel. has increased by 50%. by simply pumping out more videos.
[11:45] has remained basically constant. We've continued to do deep dives And because of that, the length of videos
[11:59] But that's a trend that began before Electrify. is by adding more people. There are now over 30 people working on Veritasium,
[12:11] animators, editors, and production staff. for some of your favorite videos. on Teflon, and PFAS, and Monsanto,
[12:27] the principle of lease action series, With Emily, we made blue LEDs Henry was responsible
[12:39] Sulli explored the construction and what happened to Amelia Earhart. on Oppenheimer and Japanese swords.
[12:51] and lithium ion batteries. and six degrees of separation. I could go on, but the point is far from cutting costs,
[13:03] Most of that goes to the team. but we come together a few times a year When you see a beautifully animated scene, it's not AI.
[13:19] and animated by a person too. It's like a movie studio. Videos like PFAS or Monsanto
[13:34] So we've only been able to make those videos now, who can properly advise us. So I mean, it just, it's expanded our capability.
[13:48] the level of critical thinking in the world is a big one, by making YouTube videos. I didn't have the time or bandwidth for anything else.
[14:01] we have expanded our approach. and we're making original Shorts for YouTube. into languages like Indonesian, Thai, Vietnamese,
[14:16] in addition to maintaining dedicated channels a free science newsletter. with over 11,000 backers.
[14:29] and additional channels are in the works. and that's fine, but I hope you agree with me with more rigorously produced science content.
[14:44] and we also use multiple experts with every video. We also post early versions to our Patreon supporters If we ever mess up, and I know it happens,
[15:01] I welcome your constructive criticism. I want you to help us improve. and spend more time with my now four kids.
[15:16] This summer, we traveled around the Azores, Iceland, and visited my family in Vancouver. And just last month, I finally got married
[15:30] (upbeat music)
[15:45] I could not have picked a better or more patient partner with whom to spend the rest of my life. Well, at some point I will,
[15:58] What I can tell you is that I won't be around as much, You know, in some upcoming videos, I will not appear at all,
[16:10] And this is to give me more time to spend with my family and contemplate other projects. that what started as my passion project,
[16:26] I am inspired by each and every one of them, You know, they're paid well and they produce excellent work.
[16:38] to see all these super intelligent people of increasing the level of critical thinking in the world. that I am no longer doing this alone.
[16:53] Now, the team is like a juggernaut. with their own momentum. what we're able to accomplish together.
[17:08] And if you have any questions or ideas for the channel, And as always, thanks for watching. (logo whizzing)
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