I always wanted to create a youtube channel
>In 2023 I decided today is the day
>set timer to 1 minute
>decided chess will be my niche, just a gut feeling
>chose a channel name in 8 seconds
>profile picture in maybe 1 minute
>instantly started working on videos
By the end of that same year I made $22k (profit) in a single month and my life was never the same
One small choice made a big difference
you're always 1 idea, 1 connection, or 1 impulsive decision away from an event that'll snowball into you living the life that you wanna live...
the best thing you can do to maximize your chances of such an event occuring are to:
> keep learning like you're still a beginner at what you do
> talk to people in & outside of your industry
> relentlessly act on the ideas you see most potential in
> make decisions fast
it's hard to miss when you have all 4 of these points covered
Iโm always stuttering when people ask me where I work at or what I do for work๐
Iโm not tryna explain the whole science of ecom is or say that I have a business
What do yall tell them๐๐พ
As an EU citizen and digital business owner who left last year
This is a good step to get people back
Moving to different EU countries will become much easier, meaning tax incentives will work well
The moment croatia or italy or spain introduces tax incentives, thousands of entrepreneurs will move because you don't have to close and open a company, just update the address
EU states will be forced to stay competitive with their tax, else everyone is leaving because of hyper flexibility
We see the same in Switzerland and USA
Not just about taxes
If one EU country fucks up politically, everyone leaves
Just like people move to Texas when their home state fucks up
Remove all exit taxes inside EU, make it easy to move around within EU, maybe introduce EU-wide corporate tax for EU inc. (replacing national corp tax with low rates up to 1Mโฌ annual profit) and only allow each nation to tax the salary and dividend payouts of their residents, not the corp profits, so you can leave the money inside your EU inc. or EU holding without triggering the national income taxes and capital gains taxes
This might even lead to a situation where people never leave for taxes. Personally, if I could pay low corporate tax and compound my wealth inside the company, and only pay national income tax capital gains tax on personal payouts, I would not give a shit about the national tax rate at all
Just pay out 4k a month and compound the rest inside the company
If they do this, they will see billions of dollars and thousands of entrepreneurs coming back home
We are introducing EU Inc. To make building and growing a business across the EU faster, simpler, and smarter.
๐ธ Start a company in less than 48 hours
๐ธ No minimum capital requirement
๐ธ Fully online and borderless
And you can literally start today
Pick a niche
Pick a name and profile picture (5 minutes max)
Start ideating by writing down ideas and looking at competitors
I can literally not think of a better business model for beginners than social media
}You can start posting for free
}You learn how to get and retain attention
}You learn marketing by promoting your affiliate offer or own offer
I'd much rather learn business this way, than go to business school
If you can't make money by posting content and making people buy something, chances are any other business like SaaS or ecom would've also failed
If you take business and reduce it to it's most fundamental basics, you get
}How many people see my offer
}What percentage buys
}How much profit am I making per customer
YouTube + promoting an offer will teach you how to max out all these numbers
Ideally educational content promoting affiliate or infoproduct (easy to deliver)
That's why I started my channel 3 years ago, people laugh at "being a YouTuber" as a business but it's a great business to learn business, and some even make billions
I doubt I would've had my first $10k month in the first year if I had started a fucking SaaS company
I can literally not think of a better business model for beginners than social media
}You can start posting for free
}You learn how to get and retain attention
}You learn marketing by promoting your affiliate offer or own offer
I'd much rather learn business this way, than go to business school
If you can't make money by posting content and making people buy something, chances are any other business like SaaS or ecom would've also failed
If you take business and reduce it to it's most fundamental basics, you get
}How many people see my offer
}What percentage buys
}How much profit am I making per customer
YouTube + promoting an offer will teach you how to max out all these numbers
Ideally educational content promoting affiliate or infoproduct (easy to deliver)
That's why I started my channel 3 years ago, people laugh at "being a YouTuber" as a business but it's a great business to learn business, and some even make billions
I doubt I would've had my first $10k month in the first year if I had started a fucking SaaS company
One of the reasons why YouTube is op
This applies to any organic brand
Since you have the audience, you can easily enter any type of business you want, without the painful work
You can partner up with people who do the software, ecom, service stuff etc in the background
You just keep doing what you do, make good videos and get views
You can sell info by yourself because it's basically just content creation with a paywall on 1-3% of your content
Or partner up with others who handle the heavy lifting of software etc if you want to enter a new market
Just don't lose your focus, content creation is the main thing
the obsession with building has poisoned the brain of many people who would have otherwise been successful...
you DO NOT need your own product
and if you've never sold anything before, you probably shouldn't
chances are you've used plenty products that you felt were amazing - perhaps a service, software, or an infoproduct
just resell that for a commission
if you're tryna solve both product & distribution as a first-timer you're setting yourself for failure
Btw when you hear consistency is the key
It doesn't mean something like daily 12pm uploads or weekly or whatever
It means putting in the same minimum effort every day
The misconception about mass uploads is hilarious to me
There are people growing to 10M+ subs in 2 years with weekly uploads and you think 5 per day are necessary
I didn't say you can't put effort in it or be creative. I'm saying don't run a 30 second undiclosed ad "bridge" to prepare for the ad. If you say something like "speaking of creativity, if you need help organizing your ideas, check ___, they sponsored this video" it's fine. If you make the ad unique and creative and funny, good. The problem is that some people inauthenticly yap about something that is out of context and clearly makes no sense, and then you suddenly realize the past 30 seconds have been part of the ad that is now being disclosed. It's a very weird change of topic that viewers can feel. If you don't know what I'm talking about we're clearly talking about different things because most "500k+ per video" channels definitely don't do that.
Also if you wanna go ad hominem and say "500k+ views per video" means ultimately being right and can't be questioned, my average views per long form video are over 1.3M so does that mean I'm correct and can't be questioned? ๐
My conversion rate and sales revenue per view are also a LOT higher than anyone else in my niche I've talked to
Please don't label things as complete bullshit when you're not even getting the point. It's annoying that I have to reply to this because it's public.
A lot of creators are now integrating sponsors into the video like it's part of the content
They try to build a bridge and make it look authentic
Tbh, I think over time this will hurt your brand more
Viewers don't have a problem with a clear cut like hey this is my sponsor blablabla, back to the video
Worst case they skip this segment, whatever
But if you keep trying to make the sponsor look like part of the content, they lose their trust in you
It just feels deceiving when you talk for 15 seconds and then they realize the last 15 seconds were just a bridge to the paid sponsor and you didn't know it
For example I listened to a podcast about CEOs and the guy started talking about how important storytelling is
At first I thought uhm okay that's a bit random and out of context
He explained how the CEO of this episode uses storytelling to sell
his product
I was confused but okay
Then he drops his sponsor, some storytelling website
Dude? So the past 30 seconds were an undisclosed ad (or preparing for this ad)
Now I listen to this podcast with paid ad ptsd constantly questioning if he's being authentic and saying what he really believes, or preparing a paid ad
You need a clear cut between authentic real content and paid promos
ESPECIALLY as a creator
Whenever you promote something for money (even your own offer), be upfront about it
It's much better to have a lower conversion rate on this one promo and keeping the good will of your audience
Than to boost conversion by a few % but damaging your brand long term
Didn't proof read for spelling sry
This is gonna be boring advice that you already know
But it is the m o s t important thing
Consistency is so so so so incredibly stupid important
I can look at my income and see a direct correlation between growth/decline and my consistency in the 1-3 months prior to that
All the fancy yt strategy and thumbnail theory will not help you if you're not consistent
Consistency is the number 1 most important thing in business, you have to actually do the work.
Watched brokie YT with ads in my hotel and wow
EVERY single ad was very clearly AI
I'm telling you every single ad was a very bad AI generated interview about a training program or similar
"Gym doesn't work above 50 years old. You need Thai Chi for 9 minutes per day and your body will change in 2 weeks." type of ads
AI awareness in average users above 30 is practically 0