On YouTube, the niches are in the riches
The niche you select is important because it determines:
1. Viewer interest
2. Monetization options
Here are a few niches that you can use to scale to $100K per year:
If you want to make $100k/year on YouTube and replace your 9-5 job, open this…
- Thread -
On YouTube, the niches are in the riches
The niche you select is important because it determines:
1. Viewer interest
2. Monetization options
Here are a few niches that you can use to scale to $100K per year:
There are two styles on YouTube:
On-camera pros: more connection, easy to sell
On-camera cons: more time, less flexibility
Off-camera pros: easier to outsource, less time involvement
Off-camera cons: harder to sell high ticket items, less brand loyalty
You can get to 100K monthly views with:
1. Less videos but higher quality
2. More videos at lesser quality
Here’s the math:
- 50 videos at 2000 views
-100 videos at 1000 views
-200 videos at 500 views
Here’s critical advice for both...
1. Clickthrough rate (CTR)
2. Watch time
A higher CTR means more views and more money
A higher watch time means that YT is more likely to recommend your videos
Be deliberate to get results…
The truth is it’s very hard to make $100k/year just with ad revenue
As such, you need to leverage another monetization method
My favorites include:
- Affiliate offers
- Digital products
- Brand deals
Here’s how each can make you over $100K/yr
1.2M views x $10 commission x 1% conversion = $120,000
2. Digital products
1.2M views x $25 product x 0.5% conversion = $150,000
3. Brand deals
200 videos a year x $500 per video = $100,000
Then, the more views you get, the more money you make…
Once you’re making money, it’s time to re-invest
I like to invest my profits in three things:
1. Non-YouTube assets
2. Outsourcing
3. New YT channels
Here’s why each is valuable…
- Offers diversification off the platform
Outsourcing:
- Buys back time and leverages others expertise
New YT channels:
- Leverages existing YouTube expertise
Once you are making $100K+ you can do all three easily…
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APIs in general are so powerful.
Best 5 public APIs you can use to build your next project:
1. Number Verification API
A RESTful JSON API for national and international phone number validation.
🔗 https://t.co/fzBmCMFdIj
2. OpenAI API
ChatGPT is an outstanding tool. Build your own API applications with OpenAI API.
🔗 https://t.co/TVnTciMpML
3. Currency Data API
Currency Data API provides a simple REST API with real-time and historical exchange rates for 168 world currencies
🔗 https://t.co/TRj35IUUec
4. Weather API
Real-Time & historical world weather data API.
Retrieve instant, accurate weather information for
any location in the world in lightweight JSON format.
🔗 https://t.co/DCY8kXqVIK
Best 5 public APIs you can use to build your next project:
1. Number Verification API
A RESTful JSON API for national and international phone number validation.
🔗 https://t.co/fzBmCMFdIj
2. OpenAI API
ChatGPT is an outstanding tool. Build your own API applications with OpenAI API.
🔗 https://t.co/TVnTciMpML
3. Currency Data API
Currency Data API provides a simple REST API with real-time and historical exchange rates for 168 world currencies
🔗 https://t.co/TRj35IUUec
4. Weather API
Real-Time & historical world weather data API.
Retrieve instant, accurate weather information for
any location in the world in lightweight JSON format.
🔗 https://t.co/DCY8kXqVIK
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1/ Some initial thoughts on personal moats:
Like company moats, your personal moat should be a competitive advantage that is not only durable—it should also compound over time.
Characteristics of a personal moat below:
2/ Like a company moat, you want to build career capital while you sleep.
As Andrew Chen noted:
3/ You don’t want to build a competitive advantage that is fleeting or that will get commoditized
Things that might get commoditized over time (some longer than
4/ Before the arrival of recorded music, what used to be scarce was the actual music itself — required an in-person artist.
After recorded music, the music itself became abundant and what became scarce was curation, distribution, and self space.
5/ Similarly, in careers, what used to be (more) scarce were things like ideas, money, and exclusive relationships.
In the internet economy, what has become scarce are things like specific knowledge, rare & valuable skills, and great reputations.
Like company moats, your personal moat should be a competitive advantage that is not only durable—it should also compound over time.
Characteristics of a personal moat below:
I'm increasingly interested in the idea of "personal moats" in the context of careers.
— Erik Torenberg (@eriktorenberg) November 22, 2018
Moats should be:
- Hard to learn and hard to do (but perhaps easier for you)
- Skills that are rare and valuable
- Legible
- Compounding over time
- Unique to your own talents & interests https://t.co/bB3k1YcH5b
2/ Like a company moat, you want to build career capital while you sleep.
As Andrew Chen noted:
People talk about \u201cpassive income\u201d a lot but not about \u201cpassive social capital\u201d or \u201cpassive networking\u201d or \u201cpassive knowledge gaining\u201d but that\u2019s what you can architect if you have a thing and it grows over time without intensive constant effort to sustain it
— Andrew Chen (@andrewchen) November 22, 2018
3/ You don’t want to build a competitive advantage that is fleeting or that will get commoditized
Things that might get commoditized over time (some longer than
Things that look like moats but likely aren\u2019t or may fade:
— Erik Torenberg (@eriktorenberg) November 22, 2018
- Proprietary networks
- Being something other than one of the best at any tournament style-game
- Many "awards"
- Twitter followers or general reach without "respect"
- Anything that depends on information asymmetry https://t.co/abjxesVIh9
4/ Before the arrival of recorded music, what used to be scarce was the actual music itself — required an in-person artist.
After recorded music, the music itself became abundant and what became scarce was curation, distribution, and self space.
5/ Similarly, in careers, what used to be (more) scarce were things like ideas, money, and exclusive relationships.
In the internet economy, what has become scarce are things like specific knowledge, rare & valuable skills, and great reputations.
On the occasion of youtube 20k and Twitter 70k members
A small tribute/gift to members
Screeners
technical screeners - intraday and positional both
before proceeding - i have helped you , can i ask you so that it can help someone else too
thank you
positional one
run - find #stock - draw chart - find levels
1- Stocks closing daily 2% up from 5 days
https://t.co/gTZrYY3Nht
2- Weekly breakout
https://t.co/1f4ahEolYB
3- Breakouts in short term
https://t.co/BI4h0CdgO2
4- Bullish from last 5
intraday screeners
5- 15 minute Stock Breakouts
https://t.co/9eAo82iuNv
6- Intraday Buying seen in the past 15 minutes
https://t.co/XqAJKhLB5G
7- Stocks trading near day's high on 5 min chart with volume BO intraday
https://t.co/flHmm6QXmo
Thank you
A small tribute/gift to members
Screeners
technical screeners - intraday and positional both
before proceeding - i have helped you , can i ask you so that it can help someone else too
thank you
positional one
run - find #stock - draw chart - find levels
1- Stocks closing daily 2% up from 5 days
https://t.co/gTZrYY3Nht
2- Weekly breakout
https://t.co/1f4ahEolYB
3- Breakouts in short term
https://t.co/BI4h0CdgO2
4- Bullish from last 5
intraday screeners
5- 15 minute Stock Breakouts
https://t.co/9eAo82iuNv
6- Intraday Buying seen in the past 15 minutes
https://t.co/XqAJKhLB5G
7- Stocks trading near day's high on 5 min chart with volume BO intraday
https://t.co/flHmm6QXmo
Thank you
