Hola dear Grumer!
Last week, I shared with you the insane amount of work that it takes to create a proper Youtube tutorial. But is all that work worth it?
I made a quick calculation, and based on the hours I’ve worked making videos in October and the money Youtube paid me in ad revenue – I made $11.42 Canadian dollars an hour.
Considering the minimum wage in British Columbia is $14.60, it seems I’d be much better off serving coffee at Starbucks.
Or would I?
Well, I thought about it a bit more, and it may not be so bad after all.
In this (very short) week’s video, you’ll see exactly how much money I make from Youtube ads and why I think making Youtube videos is still a good investment.
→ [ CLICK HERE TO WATCH THE VIDEO ]
Why all this Youtube madness?
In 2020, I have spent about 80% of my time either making Youtube tutorials or learning how to make better Youtube tutorials.
Although there is some method to the madness (as you’ll see in the video), from a strictly financial perspective, I’d be probably better off spending a bit less time Youtubing, and more time creating courses, finding new clients for my animation studio, or optimizing all my sales funnels.
However, after much pondering, I decided to “Youtube my life away” for the foreseeable future.
As I mentioned at the end of last week’s video, making video tutorials requires a unique combination of skills I particularly enjoy and would like to get better at.
The one that excites me the most is learning to become better at visual storytelling.
I’m not new to visual storytelling since at Grumo Media (my explainer video studio), we have produced little animated stories since 2010 (a decade!).
However, there is quite a difference between creating videos for a client and having the creative freedom to tell the stories you care about personally.
I’d like to become much better at telling stories that inspire, motivate, and entertain you, and ideally, provide educational value as well.
Right now, my focus is on helping people make a living teaching online either by selling courses, live classes via Zoom, or creating tutorials on Youtube.
That focus may change. I have other ideas cooking in the proverbial mind stove, but for now, I think my biggest impact can be made in the online education space.
If you’ve read this far, well, thank you!
I would love to hear your thoughts/feedback on my decision to spend so much time Youtubing.
And what about you?
What are your plans to make a living online? Have you considered Youtube too? are there other online revenue channels you’re exploring and would like to learn more about?
Let me know!
Peace, Love, Cookies.
Miguel @ Grumo.com
P.S: Big announcement next week! Stay tuned to see me unbox a very special gift from Youtube, he, he…
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