The first 3-5 years of being a Youtuber most either don’t make the monetization requirements, and if they do let me tell you the economics.

Most channels have a $2-5 CPM.
My channel has a $10RPM/$20CPM

1 view on my channel = $.01
1 view on most channels =$.001
To become monetized you need 1000 subscribers and 4000 hours of watch time.

This usually means getting about 100,000 views within 12 months to achieve it.

This typically takes most creators 50-150 uploads to achieve.

Each upload is often 3-10 hours minimum to produce.
The first 50-1500 hours of a YouTubers career will start at a deficit.

Assuming a $15/hr wage scale $650-$22,500 in sunk labor cost for the opportunity to earn $.001 per every view. Requiring 100,000 more views to meet the $100 min payout threshold.

It’s not all bad news.
I’m making the economic reality of YouTube as clear as I can, I plan to do a long form video about this at some point.

This thread is not meant to discourage you as much as sober you because YouTube is painted as a dream career.

It’s a good one, maybe a great one. Not easy.
I’ve known people that in addition to sunk labor cost have gone up to $20,000 or more in debt to launch their YouTube careers over the course of 2-3 years.

In a low CPM niche even when monetized it takes 2-5 years safer that for most creators to be able to make a FullTime income
I don’t think this information is getting as much attention as the the handful of stories of people who blew up in a year.

That is not the reality of the Creator Middle Class.

And damn sure not the Creator Working Class.
To be successful as a content creator it has to be looked at much in the same way as a traditional career or even a sports career.

2-4 years learning and either sunk cost and low pay to get the skills to become competitive.

Followed by 2-5 years to build a rep. 5 years of glory
If you think of the life cycle of a creator in that way it may sound very negative but we are just talking about peaking, and there are often points were established creators ultimate earn more money outside of YouTube after the peak of their relevancy, whatever level it was.
If you understand this upfront you can act accordingly when it comes to thinking about your financial needs upfront and long term.

This isn’t meant to motivate or demotivate, but to give you the most sober outlook possible.

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More from @robertoblake

6 May
Teaching moment:

Here is why some people who can absolutely afford it; ask people to do free work to test for opportunities for them, and why it’s a good thing:

When you pay for work and can afford whoever you want, you don’t experiment, you are biased.

(THREAD)
Which means up and comers will never be on your list if you’re paying to work with a stranger.

You will put your money towards certainty and a lack of frustration.

You will pick a veteran and not even think of taking a chance on a rookie. It’s about risk.
People get mad about whenever a person who can obviously afford to pay, ask for free work.

The problem is that if you’re being generous with someone you else’s money and access… you’re an asshole. Yes I said it.

Let’s continue:
Read 16 tweets
6 May
It’s going to become increasingly difficult to get opportunities w/o either being a standout talent or well connected if you want to work in the influencer industry…

Make sure that the ppl working for you are aligned with the mission and fit the culture you’re building.
Things will start feeling more elitist and more exclusive and it’s going to be hard to get in because Influencers are not going to want to work with strangers or ppl not referred in their network due to ppl not being trustworthy or honoring NDAs.
We also have a culture that is growing to resent working for other people and not being treated as equals.

If you work for someone, it’s not your company, and the culture doesn’t exist for you, or exist for your employer and their vision.

Your welcome to build your own.
Read 8 tweets
1 May
While I'm not a millionaire, I am someone who went from $6/hr to 6 figures a year as an earner.

If I were to impart any advice to ppl who have a toxic relationship w/ money and work it would be the following:

(THREAD)
Frugality doesn't have to be a life sentence, and minimalism can make you miserable.

Have a very clear understanding of what makes you happy and optimize your life around that. It may not take as much money as you imagine it would.

But let's talk earning/saving/investing.
How much you earn comes down to SPECIALIZATION, not how HARD you work, but how HARD you work is.

The level of DIFFICULTY means there are fewer ppl to compete w/ you or replace you and it means those who pay you are paying bc they lack the skill or time or desire to do the work.
Read 27 tweets
30 Apr
Here is how peer pressure works:

People will try to use collectivism and that power of public group shaming to tear you down and make you comply with them against your will.

They will strip you of your agency by getting together to harass and tease you until you give in.
Would you say that is an accurate definition of peer pressure and bullying?
If a group of people get together and were to attack you and shame you and use their belief system as a justification to pressure you against your will, to say or do things you don’t believe in so they will accept you, that’s bullying right?
Read 7 tweets
30 Apr
Diversity of thought is more important than people realize.

The reason we see it in short supply is people build echo chambers out of insecurity, pain and desire to be validated.

So much of the current culture is based entirely on insecurity and not operating from CLARITY.
Good faith arguments are necessary. But have become impossible due to 2 things:

Lack of the ability to be thoughtful in criticism vs malicious.

Lack of the ability to give benefit of the doubt or generous interpretations of any given situation.
In other words people are bad at their delivery, and often just using criticism as a veil for bullying...

And on the other hand, ppl can also take anything as a reason to be offended and decide they’ve been attacked, even by something trivial or obviously non-malicious.
Read 5 tweets
19 Apr
Unpopular Opinion: YouTube shouldn’t use demonetization as a “punishment” as that becomes less than gray on “editorial control” which means they can be accused of being a PUBLISHER instead of a PLATFORM.

For those unaware that would be the end of FAIR USE and Commentary...
Section 230 gives social media platforms the protections of FAIR USE and SAFE HARBOR so long as they operate as editorially neutral platforms.

When they use demonetization as a punishment it can be said they are asserting themselves as a PUBLISHER.
The government is keen on regulating social media.

You saw family Vloggers DESTROYED by their ruling on COPPA.

If you care about this industry and freedom of expression , I recommend reconsidering how much intervention you call on from these platforms and the government.
Read 5 tweets

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