Is YouTube as a side hustle a good way to substitute for my full-time job?
This is a question I have asked myself before I started my first YouTube channel.
Yes, it is right, the first channel, because I’m running four Youtube channels on this video platform, all in different niches.
This is because I believe, besides blogging, having a Youtube channel is a great way to build an extra income, and if everything goes according to plan, then even allows you to quit your full-time job.
So, in this article, I want to share my experience with you and focus on a question, if YouTube can be a good side hustle?
YouTube as a Side Hustle
When you’re side hustling, it can be hard to know where to find the time. There’s always so much you want to do, and it can be difficult to squeeze in everything you want.
As a result, you have to make difficult decisions about what to focus on.
One of the most important of these is choosing a side hustle.
Do you have time for a side hustle?
If not, is it worth it?
If you’re looking to make money and side hustle, YouTube is the best route to take. It’s a low-risk way to make money that lets you explore your interests and prove to yourself that you can succeed at a specific task.
What’s more, if you have the right content and a knack for it, you can earn money from your videos for a long time.
Let’s take a look at why I think YouTube as a side hustle is the best way to create extra income right now.
You Can Make Money from Anywhere
One of the great things about YouTube as a side hustle is that you can do it anywhere. You don’t need to be at a studio or a comfortable desk to make videos.
You can create videos anywhere you have a camera, and you don’t even need much equipment. With the new technology, you can create videos on your phone while you’re on the go.
There are also a number of video editing apps that you can use to edit your videos not only on a computer but even on a smartphone.
Videos Are Easily Distributed
The way we consume content is changing. The rise of YouTube and other video platforms like Facebook and Instagram has paved the way for people to consume more videos than ever before.
YouTube videos are more entertaining than text content, making it easier for people to consume and share. This makes it easier for people to find your videos and get them in front of as many eyes as possible.
This platform gives you a way to distribute your videos to your fans, and this makes it easy for you to find other ways to get your videos out there.
Whether you promote your videos through social media, a website, a podcast, or even an e-mail list, you’ll have additional ways to get your videos out there and generate interest in your channel.
You Can Build an Audience and Grow Your Revenue
There are a lot of ways to make money on YouTube. You can monetize your YouTube videos with ads, do sponsorships, sell your courses, or sell merch. There are a plethora of options to improve your video revenue.
But if you want to monetize your videos in a way that is sustainable and scalable, you should build an audience to grow your revenue.
Audiences are key for any kind of revenue-generating activity. You can build an audience for your YouTube channel by creating engaging or helpful videos and building a following.
With each new video that you upload, you can grow your audience. More people are watching your content, which means more potential customers you might get.
You Have Control Over What You Do and How You Make Money
While you can find jobs online, most of them don’t fit your interests and your strengths. They can also be difficult to find. With YouTube, however, you have complete control over what you do.
You can choose your niche, create content around topics you like, and work with sponsors you like. You choose how often you want to make videos, how many, and how you really want to make your money.
Your Audience Can Help Build Your Brand
One of the best things about having an audience for your YouTube channel is that you have a built-in audience for your brand. If you make videos about electronics or computers, for example, then you have an audience for those topics.
This is a huge opportunity. Many popular YouTubers are trying to create a brand around their channel. And this should be a long-term strategy even for you.
This way, you are building a strong income source that can last for years.
The Monetization Model is Consistent
With any type of side hustle, it’s important that you’re consistent. When you upload videos to your channel, you also need to be consistent about what you’re monetizing them with.
You can expect to earn income from the content you make on YouTube by becoming a YouTube Partner. You will earn money through ads that are displayed before, or during your videos.
YouTube Partners receive a percentage of the ad revenue that is generated from their videos. The money can be used for paying for content production, people you have paying, or even for additional advertising.
While displaying ads in your videos is not the most profitable way to earn money on YouTube, it is a consistent income.
And every video you are uploading will make you money. A cool fact is that even the older videos on your channels are able to generate income for you.
YouTube is a Recurring Income
One of the great things about YouTube is that it’s a recurrent income. That is, you can look at your earnings as a recurring revenue model.
This means that you’re going to get paid regularly throughout the year. I don’t say you can expect the same amount of money each month, but you can expect to get paid each month for all your videos, even the older ones.
And this is one of the best things I like on YouTube. With a huge audience and huge library of content, you can build a steady, and a consistent income source that can one day substitute for your full-time job.
Final Words: Is YouTube the Side Hustle for You?
YouTube has created a new way for individuals to make a living. This online platform has given people the opportunity to reach the masses and inspire them by sharing their creativity and artistry with millions of viewers at home, in classrooms, or in the workplace.
YouTube is also changing how people watch TV, movies, sports, and more while they are on the go.
What’s more, YouTube is allowing content creators to make career-changing money.
If you are looking for ways to make money online and you want to try something that’s not too risky, definitely give YouTube a shot.
It’s a low-risk way to make money that lets you explore your interests and prove to yourself that you can succeed at a specific task. It’s also a way to get started building your online business.
This platform allows you to reach out to a large number of people at once, and it also allows you to make money from your content by monetizing it through advertisements or by partnering with brands for sponsored content.
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