MAKE MONEY

If you search for ways to make money online, you’ll see YouTube mentioned in every list. Affiliate marketing, brand partnership, promotion, google AdSense, and whatnot- YouTube covers a wide range of income-generating options. With the addition of superchats, YouTube is stepping into the live streaming space, giving extra leverage to the content creators to support their YouTube channels.

What are YouTube super chats?

YouTube super chats are YouTube’s way of connecting content creators with their fans through highlighted chat messages. YouTube rolled it out back in 2007, which provides content creators a new stream of income. It is best at what it does; it promotes user engagement and helps their favorite YouTube creators. The (super) chat stays on top of the live chat, shows up in a distinct color, and stands out.

The superchats are not free. During a YouTube live stream, viewers can use the chat feature to donate to their favorite content creators along with their text.

Super chat facts

The viewers can donate from $1 to $500 per day and a maximum of $2,000 per week on super chat and super stickers. Superchips are highlighted in color (based on the amount) and pinned to the top. All viewers can see the contributor’s name and donation amount.

Super chats are limited to 200 characters and a maximum of 11 submissions for each viewer every 30 seconds. The super chat and super sticker contributions are non-refundable.

The maximum length a super chat stays on the live stream is 5 hours when a super fan sends a 500 dollar contribution. Subsequently, for every 100 dollars, the superchat is pinned for an equal number of hours.

You need to monetize your channel to turn on super chat. It is available for content creators from specific locations.

Super Chats are not available if your content is age-restricted, unlisted, private, or made for kids. Also, super chat and super stickers must be turned on or made available by content Creators. It is not available on the premieres, and videos consist of music owned by a third party.

How does YouTube Super chat work?

Superchat is functionality available only during YouTube Livestream when viewers can select and send messages in live chat. Anyone can click on the pinned message to see details.

Superchat is an opportunity for viewers to interact with their favorite content creators. Similarly, it is also an opportunity for the content creator to appreciate the fans’ contribution. It is an excellent way to make additional money on YouTube.

How much does YouTube take from Super chats?

Superchat money is an actual donation for a content creator. It helps support creators. 30% of the superchat money goes to YouTube, while 70% goes to the content creator. The percentage is specified in YouTube’s super Chat terms of Agreement. It is a fee that YouTube charges to all the Content Creator for providing the Livestream platform and handling the payment processing system.

The 70/30 revenue split between YouTube and content creators is an additional income source for creators. It creates a platform for creators where they focus only on creating great content and interacting with their fans.

Super chat money, just like YouTube video monetization, goes to a Google Adsense account. It usually takes around 30 days to clear the funds. If you’ve received several donations during live chat, you do not need to do anything to redeem them.

How to enable super Chat on YouTube?

You can enable Super Chats under monetization in the “Super” section, and the process is straightforward. Once enabled, it will be available to all eligible streams and premieres. Content creators do not require to turn on super chats during each live stream.

In Conclusion

Superchats are great ways of connecting with their favorite content creators for fans. Similarly, creators can show gratitude to their super fans by mentioning their name and a short thank you message to every contributor. It improves the relationship between the viewers and the creators. It is an excellent way to make extra money for a YouTuber that was only limited to monetized videos.

There are many ways to make money online that people don’t need any degree or expertise. The one unusual method of making extra money online, that falls under this category, is selling feet pictures. 

Some people might not believe, while others might cringe, but selling feet picture online is a legit business. You can read the success story of a Canadian woman who racked up $70k a year by Selling feet pictures. 

While there are many platforms that you can pursue this weird business venture, I’ll show you how to sell feet pictures on Etsy. By the end of this post, you’ll understand the business model and how to get started. It is an excellent process to get paid with minimum effort. 

Selling feet picture on Etsy

Etsy is famous for handmade items. Besides the United States, the online marketplace is also renowned in the United Kingdom, Canada, Australia, and France. 

While you can sell foot pictures on Etsy, there are many other websites where you can try the side hustle. The following are some of the online marketplaces popular for selling feet pictures.  

• Feetify
• Instafeet
• Shutterstock
• Etsy
• Feetpics.com

Selling feet pics on Etsy falls under art & collectibles, either under prints or photography subcategories. A quick search on Etsy for the term “feet picture” results in over 2,600 hits. Some of the results are digital guides on “how to make money selling feet pictures on Etsy,” while most others are actual feet picture listings. You can easily find several listings with over 100 sales. It is clear indication that selling feet picture makes money. It could be one of the most simple income-generating side hustles. 

Why sell foot pictures on Etsy?

Etsy provides a platform to those sellers who want to promote their business and reach potential customers. These entrepreneurs do not have no time or technical skills to set up a website. Etsy promotes small businesses, independent artisans, and experts. 

But why sell pictures of your feet on Etsy?

Let’s discuss my top six reasons why you should consider Etsy to sell feet photos.

1. Simple and easy to create listings 

Etsy makes it very easy to create and manage your product listings. All you need is some pictures, an Etsy Shop listing description, inventory, and shipping detail (if applicable). The information to fill in is self-explanatory. One can finish listing products within a minute. You can manage or edit listings on the fly through a PC or cell phone.  

2. Huge customer base 

 Etsy has a customer base of over 80 million shoppers. These buyers are looking for something of their interest to purchase. They already have their credit card on file; ready to check out.

Etsy generated annual revenue of $1.72 billion in 2020. Etsy produced a gross sales of $10.28 billion in 2020 (Statistica). It’s apparent that Etsy has a huge customer base.

3. Few successful sellers

Etsy does not have a considerable seller under selling foot pictures niche yet. At this time, it has a handful of sellers making over 50 sales. It indicates low competition and high potential. It is a perfect time to enter the market.  

4. Easy advertising setup

Etsy has one of the easiest methods of setting up ads for your listings. If you’ve tried setting up an ad on Facebook or Amazon marketplace, you’d know what I’m referring to.

You can turn on Etsy ad under the marketing tab, where you set up a daily budget and select the listing to advertise!

You will need to monitor the ads at the end of every day to analyze, inspect and improve your listing for better customer acquisition. Within few weeks, you’ll have a list of search terms that you rank for. You can blend these search terms in your listing title and description for optimization.

5. Off-site advertisement 

Etsy’s offsite advertisement is one of the blessings in disguise. Etsy advertises products on search engines and social media platforms like Facebook and Instagram. The best thing about the offsite advertisement is that there are no upfront fees to the sellers. 

Etsy charges a percentage of the sale only when someone buys it through offsite marketing. The seller does not pay until there is a sale. 

Can I make money selling feet pictures?

Selling feet pictures is a legit business. Enough customers are willing to pay for the foot pictures to make it a full-time income.  

Depending on the time you put into the business and your approach, the industry has the potential to earn income. It may not be equivalent to a full-time income, but it does supplement your daily income at the beginning.

Who buys foot pics?

Resellers or businesses use feet pictures to display their product. Fashion and beauty products, lifestyle and exercise products, personal care establishments, jewelry, and shoes businesses can use photos of feet to complement their product or services. 

The feet photos do not have to focus on Foot fetish, erotic and adult industry related.  

How to sell Feet picture on Etsy?

If you’ve decided to sell your feet pictures on Etsy, you can follow the following steps to set up the account and get started.

1. Signup for an Etsy seller account

If you want to become a merchant, you need to sign up for an Etsy seller account using your email address. A basic Esty account will give you access to its marketplace, but selling on Etsy requires a seller account and building an Esty store.

It is always good to set up and register a business before making money. It is always wise to use a business name instead of personal information to remain anonymous for the online business. You can find additional resources on setting up a business in another blog post.

2. Setup your store

When I say to set up a store, I didn’t mean adding the listing yet. Etsy provides the opportunity to set up your business correctly by filling in your business’s information and appearance. It includes shop title, shop announcement, and a message to the buyer if you have any. It would help if you used keywords and key phrases related to your industry or products for SEO optimization. 

It is challenging to make the first sale. The more detailed information you have in your store, the more confident the buyer will feel while making a purchase. If you are serious about your business, you should set up your Etsy store with complete information. 

If you want to do a business out of selling pictures, you should start treating it as one from day one.

3. Add listings

Listing on Etsy is as easy as uploading product pictures and descriptions under the “add a listing” section. Etsy lets you add a max of 10 images. It does not mean you have to add all ten pictures. You should start with not less than four pictures. 

Etsy has also started enrolling videos within listings. It should be one of the advantages that everyone should use.

Title, description, and tags are the three most important aspects of a listing. It is where you should focus on providing an optimized title and description. You should match and compare your listing with the existing listing in the Etsy database that has some significant sales. This way, you’ll piggyback from well-performing listings. 

4. Promote your listings

The fourth leg of making your listing successful is promotion. When it comes to advertising, Etsy has one of the easy and cheapest solutions. You set a maximum amount you want to spend on a day and let the ad run its course. 

The best advertising strategy is to turn on ads for a minimum of two weeks to a month and analyze key terms your listing is ranking. You can revise or edit your tags and listing description based on the results. Advertising is the process of finding the keywords by which customers find your listing. Once you find them, work them into your listing title, description, and tags to reach potential customers. 

The other method of advertising that’s available on Etsy is offsite ads. It helps to display your ads on social media like Facebook and Instagram, google display ads, and Etsy’s native ads. The best part of offsite ads is that the advertiser does not pay any upfront fees. Etsy will only charge a fee during a sale, usually 15% of the sale value. 

How to price your feet pictures? 

The cost of a product has a significant impact on its sale. A product’s cost is directly linked to its quality and affordability for a potential customer. Therefore you must price it right so that the buyer doesn’t feel it’s not worth it or it’s a cheap product at the same time.

How much do you sell foot pictures for?

Your foot picture depends on what’s it worth to you based on your time and effort plus the profit you’re shooting for. Currently, Etsy sellers are charging from $5 to 25$. You’d probably want to price it within this range when you’re starting. You can price it high once you establish authority in the industry.

You’d probably experiment with different price points to set up a baseline. Therefore, do not hesitate to adjust/revise the digital product’s price on Etsy now and then. You should also factor in the selling cost like Etsy fees and payment processing fees while considering the cost of your product.

How can I sell my feet picture without getting scammed?

Stay Anonymous is the key to the online business if you are worried about getting scammed. While the internet is one of the greatest blessings, it also brings cyberbullying, emotional abuse, and exploitation. 

People are more inclined to leave negative comments when they can hide behind their computers. Therefore it is essential to set up your business correctly and conceal your personal information. 

You can use the following steps to stop scammers from accessing your personal life:

• Keep your personal information private. 
• Establish a business name instead of the real name
• Do not share personal information with clients
• Keep communication professional
• Keep transactions with the app or selling platform. 

Are feet pics taxable?

The short answer is “Yes .”Selling feet pictures are taxable. Everyone has to pay taxes on net earned income regardless of income source. 

You’ve set up a “Feet picture” business either as Sole Proprietor or single partner LLC. Depending on the business structure, you’ll have to pay self-employment taxes and income taxes on the profit. 

The self-employment tax will apply to any net earnings of $400 or more. It applies to anyone regardless of age or government benefit eligibility. 

It is advisable to keep track of all the business income and expenses. You can use an excel spreadsheet to record your daily transactions and expenses. It will keep you organized for your year-end taxes when it’s due.

How do I pay taxes if I sell my feet pictures?

As a sole proprietor or LLC, you’ll file a Schedule C (Form 1040) and your income tax return to add your feet picture business. You will then carry the profit or loss over to schedule SE (to calculate self-employment tax).

Earning money on the side has become increasingly popular in the past few years. It’s not just stay-at-home parents who are trying to find convenient side jobs anymore.

Generating wealth from something that you don’t have to do full-time is ideal as it allows for flexibility and growth in other areas of life. If you have the determination and will to maximize your cash flow and eventually turn your side job into a full-time income, here are 12 ways to do it.

1.   Tutoring Kids

Teaching online is getting more popular with the uptick in distance learning. With the shift away from traditional methods to a more modern approach, many parents are switching their children to online schools.

If you have any experience with teaching and enjoy extending your knowledge, a tutoring side job is excellent for making extra money. There are several platforms to get your feet wet as a tutor and see if it’s the right fit for you.

You could try:

• Outschool
• VIPKid
• Cambly
• com
• Magic Ears

Some companies require a degree or TEFL certificate, while others will take on tutors with no experience in teaching.

2.   Proofreading

How would you like to work online by reading and correcting errors? As a proofreader, you will be analyzing documents, books, scripts, and other material while fixing the punctuation and grammatical errors found in them. While it may sound simple, you need to have a keen eye and a knack for wording.

As a proofreader, you can generally work remotely and choose a schedule that fits your lifestyle. According to Salary.com, most proofreaders earn around 54,290 a year, but this can be impacted by how fast you can get the job done. You can even start as a beginner in proofreading with any of these proofreading companies.

3.   Bookkeeping

Your role as a bookkeeper will involve helping companies or small businesses with financial reporting, ledger entries, payable and receivable accounts, and payrolls. Essentially, bookkeepers deal with the financial aspects and keep all records updated.

While most bookkeepers earn around 42,000 a year, you can earn significantly more as a freelancer. Online platforms like FlexJobs and Fiverr allow bookkeepers to find legitimate jobs to work online.

4.   Virtual Assistant Side Job

A VA is a popular side job because you can work from anywhere in the world. Many companies hire virtual assistants to do various tasks, some of which you probably already do every day.

These include:

• Making calls
• Sending emails
• Making travel arrangements
• Managing calendars
• Scheduling appointments

It’s one of the best jobs for stay-at-home moms who want to choose their schedules. Working as a virtual assistant may be ideal if you’re computer literate, possess good interpersonal skills, have a knack for getting stuff done, and are organized.

5.   Becoming an Amazon FBA Seller

The Amazon FBA program is a fulfillment service by Amazon that allows almost anyone to sell products on the Amazon marketplace. Most FBA sellers use private label sales to sell premanufactured products as their own.

By using other producers like Alibaba or Aliexpress, sellers can purchase these premade products in bulk and resell them for a profit. Learn how this single mom made six figures in a month with the Amazon FBA program, and how you can get started.

6.   Blogging

This is not one of those side jobs that will make you money right away, but it’s a lucrative side hustle nonetheless. Blogging isn’t going away any time soon, and the best way to reap the rewards is to get started now.

To have a successful blog, you need to write for your readers and offer helpful advice. Engaging in proper research, networking with other bloggers, and making investments can help to boost your blog’s success much faster. Bloggers earn money through ads, affiliate marketing, and selling products or courses.

7.   Freelance Writing

If blogging doesn’t interest you, but you would still like to write, becoming a freelance writer is the next best thing. According to Salary.com, you have the potential to earn up to $62,086 a year as a Freelance Content Writer.

You’ll need to research and assess your skills to determine which freelance writing field is best for you. Some of the most popular writing gigs are:

• Article writing
• Technical writing
• Creative writing
• Copywriting
• Social Media Content

Depending on your schedule and how fast you work, taking on multiple freelance writing roles is highly possible.

8.   Transcription

Do you have a fast typing speed? One of the best side jobs for people who can type fast and error-free is transcription. Transcriptionists can work full-time for businesses or on a freelance basis. Various companies offer transcription roles for beginners who need no certification or degree.

When you signup as a transcriptionist, converting audio to text will be your primary job. However, some transcriptionists also perform captioning tasks that involve transcribing visuals to text. As someone just starting, you can expect to earn around $15 per hour, and as you advance, making up to $30 per hour is considered average.

9.   Social Media Management

Can’t get enough of social media? Turn your love into a lucrative venture by working online as a social media manager. While relatively new, this position has become a sought-after method for businesses to manage their online presence without too much hassle.

Social media managers are hired to create graphics, schedule and post content, make videos, and plan content. It can be labor-intensive, especially if you’re working for a large company. If you think you’re up to the task, you can apply as a beginner on FlexJobs, Upwork, or Fiverr.

10. Graphic Design

One of the main ways small businesses in the US create outstanding graphics for marketing and promotion is graphic design. Not everyone uses online tools to make stunning visuals, so graphic design is a much-need skill. Whether you’re a budding artist or an expert designer, there is space to earn a steady side income.

You have the chance to build your portfolio and help individuals create a brand for their business. There are many ways to earn money as a graphic designer, including:

• Logo Design
• Web design
• Posters
• Infographics
• Brochures

If you’re a beginner, you should learn how to use Adobe Illustrator or Photoshop software and have a good grasp of design.

11. Selling Digital Products

Would you like to get started with one of the best passive income side jobs out there? Creating digital products or printables has become a fantastic way to earn money, especially for stay-at-home parents. The great thing about printables is that you create them once and they sell repeatedly.

Are you wondering what type of digital products to sell? Here are a few profitable items:

• Meal planners
• Daily checklists
• Social media templates
• Wedding planners
• Editable business cards

The best way to earn from this side hustle is to make your products unique so they stand out. You can create an Etsy shop and list your printables or sell them on your blog if you have one. Some folks are making money by using Canva to create and sell templates online!

12. Course Creation

Are there any skills you could teach someone else? Maybe it’s a skill that requires in-depth explanation and tutorials? You could create a course and earn from it passively. There is no need to worry about being perfect, as many course creators have no training and still make money with their courses.

They extend knowledge to their audience by creating digestible videos with a wealth of information.

What could you create your course about? It could be a niche-specific course around topics like:

• Productivity
• Web Development
• Music
• Marketing
• Languages
• Recipes

The sky’s the limit when it comes to making a course and selling it because it comes down to your knowledge and level of expertise in the subject.

Final Thoughts

Now that you’ve learned about some of the best side jobs that could replace your 9-5, are you going to try one? More than 45% of Americans now have side jobs outside of their primary source of income. Remember, all of these options can meet or even replace your full-time job. It can’t hurt to give it a chance and see the earning potential. If you’re struggling with bills or living paycheck to paycheck, then a side job that’s flexible like the ones mentioned here will suit you just fine. This article originally appeared on  Wealth of Geeks.

Dave Ramsey budget percentages are one of the famous budgeting percentages on money management and expense tracking. He is renowned for his financial baby steps, debt payment snowball, and wealth-building. If you’re an avid saver and personal finance enthusiast, you’ve come across a lot of budgeting percentages. While these are just guidelines, it serves as an example for budget management in each expense category.

Dave Ramsey Budget Percentages

Budgeting is not an exciting task. Most people struggle with this, but it is a significant financial goal for cost-cutting and money management. For anyone who is looking for a guideline, Dave Ramsey’s budget percentages are an excellent example.

Dave Ramsey divides expenses into 11 different budget categories. He suggested a practical household budget percentage to each category from your after-tax take-home pay, as shown in the table below:

• Giving – 10%
• Saving – 10% -15%
• Food – 10%
• Utilities – 5% to 10%
• Housing – 25%
• Transportation – 5%-10%
• Health – 5% to 10%
• Insurance – 10 to 25%
• Recreation – 5%
• Personal Spending – 5%
• Miscellaneous – 5% to 10%

What are the percentages for Dave Ramsey’s budget?

Dave Ramsey’s budget percentages are just a guideline for anyone struggling to budget. These are go-bys that anyone can use to get started with budgeting. Most of the expense categories are hard percent rule, but some have several other affecting factors that a fixed budget percentage may not work.

What is Dave Ramsey’s 25 rule?

Dave Ramsey’s 25 rule is also called the 25 House rule. According to the 25% mortgage rule, you should not buy a house that exceeds the monthly house payment by 25%. The 25% mortgage payment is a conservative amount of how much house you can afford. It ensures you’re not buying a house without busting your budget.

People can easily qualify for a mortgage for 30% of their income, if not 50%. That does not mean they should buy a house up to their qualifications. We assume our income will stay the same or improve over time. While it should, anything can happen. I’m sure the pandemic has taught us many things. People can lose their job or investments. Things can change more drastically than we have ever dreamt of. Therefore, it is better to stay conservative when it comes to money.

The 25% house rule gives you enough wiggle room for unforeseen expenses. Your house will not take up all of your income. It’s better to stay cautious than regret that you’ve bought too much house.

What is the 30 rule?

Dave Ramsey’s 25 rule takes a conservative approach to the 30 rule. The 30 rule states that one should not spend more than 30% of the after-tax dollar on housing. The 30 rule is a cap to how much house you should be buying to live comfortably. We all want to buy a house so big that everyone would envy it, but we also must make sure we have enough money left over.

The 1% rule

The 1 % rule, also called the 1 rule in real estate, is a rule of thumb real estate investors use to evaluate investment property quickly. Based on the 1% rule, the monthly rent collection from an investment property should be equal to or greater than the 1% of the total investment to make a profitable purchase.

The 1% rule also applies to analyze the house for a primary residence. You can use it to buy your first house and check to see if it is affordable by using the 1% rule. Based on this rule, if you can afford to spend (easily without changing your lifestyle) 1% of the total house cost every month, you can afford the house.

Let’s clarify this with an example. Say you are trying to buy a house that costs $300,000. For a $300,000 house, you should expect a monthly expense of $3,000 (1% of the house price).

How much of a house can I afford if I make 70000?

If your pre-tax income is $70,000, the estimated after-tax yearly income is approximately $54,000 ($4,500 per month). Following Dave Ramsey’s 25 percent rule, your monthly mortgage should not exceed $1,125 on a 15-year loan. By using a 3 percent interest rate, 20 percent down payment, and 15-year fixed term, you can only afford a house that costs $170,000.

Now let’s use the 30 rule to calculate the house one can afford with $70,000. For $4,500 a month, 30% of the monthly income is $1,350. By keeping the same 3% interest rate, 20% down, and a 15-year term, you can afford $205,000 houses.

What are Dave Ramsey’s four walls?

Dave Ramsey’s four walls of budgeting are Food, Utilities, Shelter, and Transportation. These are the four items everyone must include in the budgeting plan. You should take care of these four living expenses during financial hardship before thinking about anything else.

Food is essential for energy to get going. If you don’t eat, you can’t work, and if you don’t work, you will not have any income to support the cash problem. Therefore, food always comes first. After food, next is utilities. You need to have water and electricity. A shelter where you can stay and spend the night and a means of transportation to get to the places is the next necessary wall of personal finance.

Only if all these four walls of money are covered can a person focus on other vital aspects of personal finance.

What is the 70 20 10 budget rule?

Also known as the 70 20 10 money rule, the budgeting concept indicates one should spend 70 percent of after-tax income on expenses, 20 percent goes to saving, and 10 percent loan repayment and charity.

The 70/20/10 budgeting rule is so simple that anyone can implement it. It only requires you to limit your total expenses within 70 percent; therefore, the budgeting technique is also called the 70 percent rule.

What is the 50 30 20 budget rule?

The 50/30/20 budget rule is a simple budgeting plan that separates needs, wants, and savings into a three percentage pool. Based on the rule, 50% of after-tax income goes for necessities that you must have for survival. These are house, car, insurance, and utilities.

Once the basic needs are covered, one must save 20% of income for the future. The savings are essential to make your money grow once invested in tax advantage accounts, individual accounts, or businesses. The emergency funds also fall into the 20% category.

The third pot of money is the remaining 30% of the income that goes towards non-essential items like a gym membership, cable subscriptions, expensive purchases that you’d want to have. You’ve worked hard; therefore, the 30% goes towards enjoying the fruits of your labor.

What is the 80/20 rule in savings?

The 80/20 rule in savings is nothing but a consolidated version of the 50 30 20 rule. Based on the rule, 20% of the after-tax income should go to savings and 80% into needs and wants. The main focus of this rule is the 20% saving.

You must save a portion of your earnings before spending money on non-essential items. It is famous as “paying yourself first,” as referred to in the book, The Richest Man in Babylon. The rule is so straightforward that you almost don’t have to do any math. It lays down a foundation to save money first before Spending.

How much should I spend on a car if I make $60000?

Anyone making $60,000 annually probably gets approximately $50,000 after taxes. The monthly after-tax income is around $4,000. Dave Ramsey recommends not to exceed 10% on the transportation. This amount equals $400 a month on a car payment. You can probably pay more than $400 per month but should try to remain within the recommended percentage if you have other liabilities.

Conclusion

All the budgeting percentages are just a guideline for us to plan for the future. They help us limit our expenses and prevent us from financial burden. Our inclination to use anything premium and expensive is good, but you have to make sure you can afford it.

Most of the time, we spend money on “wants” that we regret down the line. Sticking with a budgeting plan that works best for you is always a wise decision. The simple budgeting percentage can help you get started immediately.

How often have you wanted to watch something on YouTube and saw an ad before the content?

Almost every time, right?

If you are like most who cannot afford a YouTube premium subscription, you’re desperately waiting to skip those pesky ads that take over your screen. Welcome to YouTube unskippable ads 2021 and beyond; YouTube will be pushing for more non-skippable ads than before.

We’ll discuss in this post what’s up with YouTube and why YouTube ads are unskippable now. In the end, I’ll show you the four best ways to watch YouTube without ads.

Types of YouTube Ads

YouTube has a complex algorithm that determines when and what type of ad it wants to display to a viewer. It also depends on the creator’s ad setup for monetization. The video player platforms like computers, cell phones, TV, or tablet also affect the display ad formats. The following are the four basic YouTube ad formats:

1.   Skippable Video Ads:

These are the trueview ads that users can skip after they have watched it for 5 seconds. The ad may be displayed before, during, or after the video is played.

The skippable ads are a minimum of 12 seconds to 3 minutes long. The counter is activated, and in 5 seconds, you’ll see a skip button. Once you skid the ad, the video continues.

2.   Non-Skippable Video Ads:

As the name suggests, viewers can not skip these ads. The ad runs for 15 or 20 seconds and disappears. The video automatically continues from where it was interrupted. The non-skippable video ads are displayed on all platforms, including computer mobile, gaming consoles, and TVs.

3.   Bumper Ads:

Bumper ads are short video ads around 6 seconds. These are best for advertisers to create brand outreach and awareness and may be displayed any time within the length of a video. These are some of the popular ad types that advertisers love to use.

4.   Overlay Ads:

The overlay ads are displayed only on the videos played on the computer. It shows up and stays on the lower third and covers almost 20% of the video. The ad is hyperlinked to the advertisers’ page and therefore clickable. You also have an option to close the ad by clicking the “X” mark on the top left.

YouTube Unskippable Ads

YouTube rolled out its unskippable content to all the content creators in 2018. Before this date, it was accessible only to the selected channel partner programs. YouTube introduced the 15 to 20 seconds ads to replace the 30- second non-skippable ad, which most viewers did not like. These short ads benefit video marketing about brands, products, and services.

The advertisers pay less money if the viewers skip ads. Research suggests that 76 percent of the consumers click next to the skippable display ads on YouTube videos like it’s become second nature. The skip is also almost instantaneous.

The non-skippable ads gave content creators leverage to earn more money. It is essential to sustain in the YouTube business.

YouTube also made it purely optional to the creators. They are in control of whether to display unskippable ads or not. YouTube will also have user engagement and revenue analytics through unskippable ads to guide creators.

Long Unskippable YouTube Ads 2020 and beyond

The 20-second long unskippable YouTube ads have a better conversion for advertisers, content creators, and YouTube. YouTube has been pushing these long unskippable YouTube ads in 2020 and 2021.

The primary reason for long unskippable YouTube ads in 2020 and 2021 is YouTube’s subscription program, YouTube Premium. It is an ad-free service available to access YouTube content for $11.99 per month. After its introduction in 2018, another way of increasing subscriptions besides constant notification to sign up is by doubling down on display ads.

Why are the YouTube Ads Unskippable Now?

YouTube’s unskippable ads have been around for a very long time. YouTube has made few modifications to these unskippable ads from time to time.

The main reasons for introducing YouTube’s unskippable ads are increasing content creators’ (and eventually YouTube’s) revenue through YouTube advertising and growing premium subscribers. It helps support creators to produce better content and make money. It also works out for the YouTube platform.

Why Has YouTube Introduced Double Ads?

The plain and simple reason why YouTube introduced double ads is to increase the revenue. Ads are the only way YouTube, and its creator can be profitable. More ads mean more advertisers and eventually more money for the creator and YouTube.

YouTube is constantly experimenting with the user experience on the platform before pushing ads to the viewers. Based on its user experience research, YouTube tested ad-pods, two ads back to back, because they found users are sensitive to interrupting ad breaks on long viewing sessions. The ad views and content engagements are high if two ads are displayed with few on no breaks till the end of the video.

Why Are There So Many Ads on YouTube?

If you’re wondering what is up with YouTube with so many ads, you’re not aware of YouTube’s updated term of service. It states- starting November 18, 2020, YouTube will reserve the right to display ads on the non-YouTube Partner Program (YPP) participants’ YouTube channels.

A channel must have 1,000 subscribers, 4,000 watch hours in a year, and a linked Adsense account to qualify for the YouTube Partner Program and display ads. If you do not need quality, YouTube will still place ads on your videos, but you’ll get any shares on the revenue. It is the biggest reason there are so many ads on YouTube now. The video content giant is pushing ads on every video.

How to Watch YouTube Without Ads?

I can understand how frustrating it is to see ads when watching something quickly on YouTube. You almost want to press back and move on to the next. It is also one of the reasons why I started moving to text content rather than video lately. However, I’ll show you the four best ways to block ads on YouTube.

1.   YouTube Premium Subscription

The best, but not free, method of removing ads from YouTube is by subscribing to YouTube Premium. You’ll enjoy not only ad-free content but also background play, download YouTube music to play offline. The background play lets you close YouTube and still listen to music.

However, the subscription is not cheap ($11.99 per month), but it might be the best way to go depending on your requirement. With YouTube premium, you do not require third-party plugins to stop ads from showing.

2.   Adblock for YouTube Extension

The other most straightforward way to get free YouTube without ads on a personal computer is by using Adblock for YouTube extension. It is a chrome browser extension, and I’m sure you’ll also be able to find it for other web browsers. All you have to do is add it to your chrome and let it do its magic.

3.   Third-Party Program

There are few third-party programs like AdGuard for adblocking. I have not tested it myself, but the company website states that AdGuard can block ads in Windows, Mac, Android Phones, and iOS devices. On top of blocking ads, it also blocks dangerous websites and enhances page load speed. It costs $79.99 for up to 3 devices, which is not cheap but something you might consider to protect all the devices and surf the web safely.

4.   URL Modification

Watching YouTube videos ad-free within URL modification hack sounds too good to be true, but it worked when I tried it. It was a top topic on Reddit. In this method, you’ll modify the video URL by adding a period after dot com. It is a nifty solution to remove ads from YouTube videos, although it requires changing the URL on each video.

What is the first thing that comes to your mind when you’re feeling super lucky? If not all, I know half of you would agree to buy a lottery ticket, either a Power ball or a Mega million jackpot. The odds of winning a lottery may be one to over 100 million, but that did not stop almost half of the U.S. adults from playing the State lottery.

The conventional method of purchasing a lottery ticket is visiting licensed retailers or vendor stores. You can easily buy the tickets at major grocery chains, gas stations, and convenience stores if playing the lottery is legal in your State. You can select your own (lucky) number or buy a randomly generated number.

Another convenient method to test your luck for the massive prize is buying lottery tickets online. If you’re thinking about buying lottery tickets like Power ball or Mega million quickly, Jackpocket may be your way to go.

What is the Jackpocket lottery app?

Jackpocket is a mobile app founded in 2013 for purchasing official State lottery tickets. The app is available in the United States for free on Apple’s App Store for iPhones and Google Play for Android devices. Jackpocket buys actual tickets on your behalf and allows you to check lottery results.

Jackpocket offers a convenient method of purchasing official lottery tickets directly through the app from State licensed retailers. It stores physical lottery tickets on your behalf and provides proof of purchase through scanned tickets.

How does Jackpocket work?

Jackpocket works just like every other in-app ticket purchasing mobile application. You’ll create an account with the app and fund your account and buy tickets within the app.

You can fund the account with PayPal, direct and secure bank login, E-checks, Debit cards, or credit cards. I tested with a Texas account and found that you can only load the money through Debit cards or bank accounts. You can not use credit cards for ticket purchasing.

Once the orders are in place to purchase tickets, the app will inform the status through a confirmation email. After the lottery ticket is secured, you’ll receive a purchase confirmation along with a high-resolution lottery ticket picture. You’ve officially purchased a ticket through Jackpocket.

Has anyone won the Jackpocket lottery?

People win from small to a considerable sum on tickets purchased through Jackpocket. There were altogether 630,000 winners that played through the Jackpocket app in 2021.

The biggest win was by a New Jersey player who played Pick-6 and won $9.4 million jackpot. A quick pick from the app made her an overnight millionaire. She matched all six numbers.

What happens if you win a lottery?

Jackpocket has a win threshold amount of $600 for each State which Jackpocket winners will receive automatic credit in their account. Once the money is in your account, you can transfer it into your bank account or use it to pay for future lottery tickets.

For the wins above $600, the winner will receive a winning lottery ticket to claim the prize from the State lottery.

Jackpocket fee

Jackpocket app is entirely free to download and use. It does not have any monthly subscription fee.

The app charges a 7% to 10% service fee depending on the State’s users buying and storing tickets. They call it a Courier fee.

Jackpocket does not take any percentage from your wins. The lottery winner keeps 100% of the lottery prize money.

The service fee is on the total purchase cost instead of each ticket purchase. For example, if a person buys $100 worth of lottery tickets through a Jackpocket app, he’ll pay $7 in the service fee.

Is Jackpocket legit?

Jackpocket is a New York-based company that has been in business since 2013. According to the company blog, Jackpocket is an Associate Member of the North American Association of State and Provincial Lotteries (NASPL) and has received an iCAP certificate of responsible gambling from the National Council on Problem Gambling (NCPG). They have an A+ rating with the Better Business Bureau.

Arkansas, Colorado, Minnesota, New Hampshire, New Jersey, New York, Ohio, Oregon, Texas, and Washington D.C. have given Jackpocket a legal clearance.

Jackpocket works with State legislators in which it operates and validates its customer through their geolocation for every order to ensure it’s within state boundaries. Based on this, Jackpocket is a legit online lottery app.

Is the Jackpocket app safe?

Jackpocket has over 2 million users. The company website states that Jackpocket takes great responsibility for the security of user data and does not store credit card or bank information. It uses SSL Encryption and PCI Compliance to ensure secure user data transmission.

The user receives confirmation emails with every purchase. As proof of purchase, all users receive scans of the front and back of the lottery ticket with a watermarked barcode with the player’s name. Users also received an email receipt of the serial number. The company stores physical copies in a fireproof vault under 24-hour surveillance. , Players can claim the tickets only with government I.D.s. to protect against fraudulent activities on wins

In summary, the Jackpocket app is safe for users.

Jackpocket reviews

Jackpocket has over 70 thousand customer ratings on the Apple app store. The app has a 4.7 out of 5, with most 5-star ratings. The app also has good customer service. The company responds to any questions within 24 hours.

Most bad reviews about the app are fees, funding issues, and duplicate accounts. While most of these are for customer security, not everyone is fond of them.

How does Jackpocket make money?

The Jackpocket has a straightforward model in terms of making money. It makes money in two primary ways.

First, it charges a 7% to 10% fee to its customers. They call it a courier fee. It is more like a service fee, and the customer is paying for keeping the ticket safe in a vault.

The second process Jackpocket makes money is through sales. The local retailers fill the tickets; therefore, Jackpocket shares the commission.

Jackpocket does not take any commission off of the winning ticket. The above mentioned are the only two ways Jackpocket makes money.

Who is the richest person in the world? In this article, we’ll go into the world’s top billionaires in more detail. 

According to Forbes Magazine, the number of billionaires rose to 2,755 billionaires globally and added 400 names in 2021 alone. Most of them obtained their fortune from hard work and investing in their dreams.

Would you like to know how they made money? Because if it’s possible for Jeff and Elon, then perhaps it is possible for you, too. If you want to become the richest man or the richest woman in the world, this post is for you.

Who Is the Richest Person in the World? 

According to Forbes’ list of billionaires, Elon Musk is currently the richest man in the world. The founder of Tesla and SpaceX now has a net worth of $263.8B, increasing $112.8B from 2021.

Brief Background on Elon Musk

Musk was born in South Africa on June 28, 1971. He described his family as “quite wealthy” when he was young. His father was a pilot, engineer, and property developer, and on top of that, he co-owned a Zambian emerald mine. Elon inherited his father’s knack for business and interest in electronics.

After his parents divorced in 1980, Elon lived with his father but eventually chose to escape him because of his abusive nature. His mother was Canadian-born, so Elon worked on entering the United States from there. He hopped from Queen’s University and then transferred to the University of Pennsylvania, where he finished a bachelor’s degree in economics and physics. He moved to California in 1995 to start his business career.

At age 24, Elon co-founded Zip2, which provided online city guides to newspapers, with his brother Kimbal and Greg Kouri. Compaq bought Zip2 for $307 million in 1999.

In the same year, Musk co-founded the online bank X.com, which later merged with its competitor, Confinity Inc. The new company became Paypal.com, and eBay then bought the company in 2002 for a whopping $1.5 billion.

Musk had a net worth of $165 million after eBay bought PayPal in 2002. Then in 2012, he debuted on Forbes’ list with a $2 billion net worth. In 2020, Musk’s net worth bounced from $27 billion at the beginning of the year to $150 billion before the year ended.

By 2021, Elon Musk surpassed Jeff Bezos in net worth, becoming the world’s richest man. Around 75% of his wealth comes from Tesla Motors, which has a current value of $1.02T.

Who Is the Second Richest Person in the World?

Bernard Arnault rose this year to second place with $191.5B net worth, adding $40B to his 2021 net worth. With this jump, he takes the spot from Amazon mogul Jeff Bezos who currently stands at $184.8B.

Brief Background on Bernard Arnault

Born on 5 March 1949, in Roubaix, France, Bernard Jean Étienne Arnault took up engineering and graduated from the École Polytechnique. After working for his father’s construction company Ferret-Savinel for some time, he became president of Ferret-Savinel in 1978 until 1984.

In 1984 Arnault acquired the luxury company Financière Agache and bought the Boussac Saint-Frères textile group through an auction for one franc.

After taking over the Boussac empire, Arnault sold all of the group’s assets except the Christian Dior brand and Le Bon Marché department store. He also had to let go of no less than 9,000 employees. After the drastic reformation of the company, Financière Agache was able to bounce back by 1989.

In 1987, Arnault co-founded LVMH with Allain Chevalier and Louis Vuitton’s Henry Recamier. In January of 1989, Bernard Arnault was named CEO of LVMH Louis Vuitton Moët Hennessy, a multinational French holding and luxury goods group. The takeover was the conclusion to the colliding opinions between Arnault and Recamier.

To keep LVMH from crumbling due to the power struggle between the founders, Arnault spent over $1.1 billion to gain control of 43.5% of LVMH’s total shares and 35% of its voting rights and immediately ousted Recamier.

Who Are the Top 10 Richest People in the World?

1. Elon Musk

Elon Musk is considered the wealthiest person on the planet as of 2022. He dove headfirst in a handful of risky investments that promised massive profits rather than betting on smaller but safer ventures that wouldn’t have given him the kind of wealth that he has now.

Elon admitted that nobody wanted to buy his electric cars in the beginning. Today, Tesla Motors is worth $1.02 trillion while his other ambitious company, SpaceX, is valued at $100 million.

2. Bernard Arnault

Bernard Arnault is known as the richest man in Europe. He was a young investor who saw France’s crumbling textile industry as a once-in-a-lifetime business opportunity. After gaining complete control of LVMH in 1989, Arnault expanded his empire by acquiring Celine, Kenzo, TAG Hauer, and Bulgari.

In 2022, LVMH Moët Hennessy Louis Vuitton has a value of $380 billion, making it the most valuable company in Europe. Plus, it makes him the most wealthy person in terms of total net worth.

3. Jeff Bezos

Jeff Bezos occupied the top spot being the wealthiest person for some time. But this year, the Amazon mogul clutches on to third place with a $184.8B net worth, which is a 9 billion dollar difference from last year.

Bezos founded Amazon back in 1994. It was initially named Cadabra, but he later changed it to something that starts with an A. Why? Call it an early SEO strategy since web listings back then were alphabetized.

Though the initial purpose of Amazon was an online bookstore, Bezos intended to sell other products. His idea was outlandish, and competition was everywhere, but Bezos made a bet that the convenience offered by the internet would eventually catch up in the retail industry.

As of 2022, Amazon’s value is $1.78 trillion. JPMorgan estimates that Amazon will overtake Walmart as the largest retailer in the United States based on the speed of the company’s growth.

4. Bill Gates

We’ve all heard how Bill Gates started an empire from his parent’s garage, reinvented desktops, and gave us Microsoft. For decades, the tech genius has been on the radar as one of the wealthiest people on earth, if not the most affluent.

Bill Gates officially stepped down as Microsoft’s CEO in 2000, then left his board member positions at Microsoft and Berkshire Hathaway in 2020. Gates has since focused his efforts on setting up the Bill and Melinda Gates Foundation and supporting philanthropic movements for education, climate change, global health, and development.

Amazingly enough, Bill Gates’ name always appeared on the shortlist of the wealthiest people on earth. It’s been almost a decade since he entrusted his company to Satya Nadella, and he has donated billions to philanthropy. However, Bill Gates still captures the fourth-richest spot in this year’s billionaires list with a $133.3B net worth.

5. Larry Page

Larry Page is the co-inventor of the Google search engine, and he is fifth on the list with a $116B net worth. He became a billionaire at the age of 30 after Google started making immense profits in early 2000.

In 1999, Google’s revenue was sitting around $220,000. To generate more profit, the company released an advertising system called Google AdWords on October 23, 2000. It took a few years for their new feature to click, but eventually, AdWords proved to be a far more sophisticated tool than its competitors.

Google immediately became the go-to search engine for internet surfers around the world. From 2003 to 2004, Google’s annual revenue made a considerable leap from $400 million to $1.5 billion.

In 2004, Google went public with Eric Schmidt as CEO. When he stepped down in 2011, Larry Page stepped back in the CEO role. In 2019, he stepped down from the company, currently only serving on the board.

6. Larry Ellison

Larry Ellison is the co-founder of Oracle Corporation, the second-largest computer software company globally. He ranks as the sixth wealthiest person in the world with $114.6B.

In 1973, Ellison worked for Ampex’s electronics company, where he met fellow computer programmer Ed Oats and businessman Bob Miner.

In 1979, the trio released Oracle. It was the first database program to use Structured Query Language. The group received contracts from the likes of the Central Intelligence Agency to develop a relational database. After going public in 1986, Oracle officially became the largest-database management company globally. Currently, the Oracle Corporation has a market value of $323.9 billion.

7. Warren Buffett

Warren Buffett currently sits in seventh place with $114B. He earned the nickname the Oracle of Omaha because of his incredible investing success for decades. Buffett slowly raised his empire by purchasing undervalued stocks and holding this long-term.

Warren Buffett made his first million in 1962 from a series of small investments. And at the age of 55, Buffett became a billionaire. He successfully perfected a conservative approach that assures long-term value over short-term gains. Many agree that Buffett is arguably one of the best investors of the 20th century.

8. Mark Zuckerberg

Mark Elliot Zuckerberg is currently the Chief Executive Officer, and controlling shareholder of Meta Platforms, formerly known as Facebook Inc. Zuckerberg founded the social media giant in 2004. Now, Meta has a value of $958 billion, and Zuckerberg is presently the eighth-richest person on earth with $113.3B.

Like Google, the idea of Facebook started in the dorms of a campus. Zuckerberg tested its potential by launching it to select universities, and by 2012, it reached over a billion registered users. Mark Zuckerberg is the world’s youngest billionaire, achieving that status at 23.

9. Sergey Brin

Sergey Brin is the other half of the dynamic duo who brought us Google, and that puts Brin as the ninth-richest person in the world with $111.9B. Sergey Brin and Larry Page met while taking up advanced degrees in computer science.

Brin joined Larry Page’s research because he thought it was the most exciting project on the Stanford campus. The pair started believing that they were on to something when their system logged at least 10,000 searches in one day.

Sergey Brin is the co-creator of PageRank, and to this day, he remains one of the significant shareholders of Google. In 2015, Page and Brin founded Alphabet Inc, which became Google’s parent company and other former subsidiaries.

10. Steve Ballmer

Bill Gates himself hired Steve Ballmer to be part of Microsoft in 1980. He took over as the company’s Chief Executive Officer after Gates stepped down in 2000.

Ballmer served as the head of the company for fourteen years. Steve Balmer is currently the tenth-richest person globally with a net worth of $96.2B.

He passed the torch to Satya Nadella on February 4, 2014, but remained one of the board members until August. Years after his retirement, Ballmer still holds a stake in the company.

Conclusion

We can see in these numbers that the trend of the rich getting richer continues. The pandemic has only widened the inequality, and it doesn’t look like that’s going to stop any time soon. Some billionaires have signed The Giving Pledge, a promise by the wealthiest to give away the majority of their wealth.

Elon Musk, Bill Gates, Larry Ellison, Warren Buffett, and Mark Zuckerberg are the people from this list that have signed The Giving Pledge. That’s a total of $739 billion that will be donated to charity.

If you’re aspiring to get close to their wealth, you may want to take the riskier tech route. Or you can keep investing steadily. Being born in a wealthy family and inheriting part of your fortune could also help, as some ultra-rich people do.

A single idea that you execute with determination, creativity, and connections in the field can be the start of your billion-dollar company. See this as the affirmation that anything is possible in this world.This article originally appeared on Wealth of Geeks.

We’ve all seen YouTube Millionaires from every age group; kids, teenagers, and adults. These people learned the YouTube algorithm and racked up millions of views on their content, generating consistent income every minute. If you’re wondering how much money YouTubers make and how to get started on your YouTube journey, you’ve come to the right place. In this post, I will share detailed analytics from my wife’s cooking Channel, NewariKhajaGhar, to help you get started.

 My wife’s cooking channel has over 8,000 subscribers. While it is not a huge success, it will help understand how YouTube monetization works and how much you should expect. You can read more about her journey in an article by Houston Chronicles.

Why Would You Want to Start On YouTube?  

YouTube is one of the best and biggest online platforms for viewers and content creators. According to the US adult survey, this online video content giant engages 81% of internet users compared to the other selected social media networks. The site has over 5,000 hours of video uploads every minute. Its user base has grown over 2 billion worldwide. 

Everybody has a smartphone that can produce high-quality videos, which is the only element needed to get started with YouTube. You don’t need any special training. YouTube is one of the most popular and easy platforms to make money online.

How to Start a YouTube Channel as a Beginners?

You must have a Google account to create a YouTube Channel. Once you sign up for a Gmail account (your Google account), you can head over to youtube.com and sign in. Now you have access to YouTube content.

A business Gmail account is preferred over a personal account while creating a YouTube Channel so that multiple people can manage it. 

How to Change the YouTube Channel Name?

If you already have a Google account and your YouTube channel name is same as your Google account name, you’re probably looking for ways to change your channel name. 

Well, good news for you!

You do not have to run your YouTube Channel with the name you signed up your Google account with. You can change your channel’s name without affecting your name on the Google account. 

Follow the following simple steps to change your Channel name.

• Log into your YouTube account and go to YouTube Studio.
• Click on Customization on left sidebar to go to channel customization page.
• Click on Basic info on channel customization page. 
• Click on pencil icon next to your channel name to edit it.

You can watch the following step by step guide to change your YouTube channel name.

How do I start a YouTube channel for kids?

YouTube has a place for every age group. Children equally love it as much, if not more, as adults. The engaging video content on the platform can keep kids hooked for hours. It can intrigue their curiosity to have their own YouTube Channel. 

Starting a YouTube channel for kids involves a few key steps. First, you should research the target audience and create appropriate and engaging content for children. Besides setting up a YouTube account and channel, You should ensure that your content complies with the platform’s guidelines. Promoting your channel and engaging with your audience through social media and other channels is also essential. Remember always to prioritize the safety and well-being of your young viewers.

YouTube terms of services state that you must be at least 13 years old to use the service. Kids under 13 can still use it under parental permission or supervision. Parents can create kids’ accounts and start the channel. Kids over 13 can create their accounts.

YouTube is also a great place where kids can start generating income. It is just like one of those kids job that is just little more exciting .  

How to Edit YouTube Videos?

Editing is an integral part of content creation. You’d want to edit your videos to add voiceovers, background music, sound effects, trim unnecessary parts of the clip or enhance overall video quality. A good chunk of time is spent on editing during postproduction. 

Different online or computer software options are available for video editing. The option ranges from free to professional-grade editing software. You probably want to start with the low-cost editor, if not free, and then move to better and more flexible options as your channel grows. 

How Do You Edit YouTube Videos for Free?

Among many videos editing tools available, the free options include YouTube’s native video editor, windows movie maker, iMovie for Apple products, blender, Lightworks, and Hit Film Express. Some of these options are completely free, while others have a premium version.

The following table shows the free video editing software list and its pros and cons. I’ve also added my recommended software to help you decide.

What do YouTubers use to edit videos?

The use of video editing tools or software depends on your requirements, budget, post frequency, and type of viewers you have. A beginner YouTuber might not need expensive software. 

Similarly, DIY videos may not need high-quality videos, unlike fashion, travel, and vlog channels. A talking head video will be edited differently from videos with background music and captions. 

Nevertheless, investing money in a professional video editor is always wise for flexibility and functionality. Unlike premium software, free software can be limiting and prevent you from creating more content on less.

The following are some of the video editing software that most YouTubers use.

We started editing videos using Lightworks and blender. We selected the free video editor because we didn’t have a big budget. However, the free does not mean easy.

As we started posting frequently, we switched to Wondershare Filmora because it was easy to use, reducing the postproduction time. Our switch to Adobe Premiere Pro was the final. It is professional software that most YouTubers use.

Newari KhajaGhar 

How to Edit YouTube videos on iPhone?

Nowadays, almost everyone carries a smartphone. While its main purpose is to make and receive calls, this small gadget can create high-quality content close to expensive cameras. The modern smartphone is a powerhouse of creating high-quality and engaging content.

You can shoot and edit videos directly from your iPhone. You can adjust video quality, lighting, color correction, and trim video easily from an iPhone. Crop, rotate, and add filters are basic functionality of an iPhone. The following video will demonstrate how to edit videos on an iPhone.

How to Make Money on YouTube?

There is no doubt that everybody wants to make money. You might have started a YouTube channel out of curiosity or fun; you’d, most likely, think about monetization at some point. Here are five common ways of earning money on YouTube.   

YouTube AdSense Revenue

It is one of the basic methods of monetizing your YouTube Channel. You need to apply and get approved for a YouTube Partner Program to get started. Almost every YouTube user takes advantage of this program. It is very easy to set up and get started. However, you must meet the minimum requirement to participate in this program.

YouTube Partner Program Requirements

If you’re wondering how many views you need to make money, then it’s worth reading the YouTube Partner Program (YPP) requirements. The following are the minimum eligibility requirements to join YouTube Partner Program and start monetizing your YouTube Channel:

1. Over 4,000 watch hours in last year, 

2. At least 1,000 subscribers,

3. A Google AdSense account, and

4. Agree to YouTubes policies and guidelines.

YouTube will not pay you anything until all the above requirements have been met. However, it will continue to show ads on your videos. 

Sponsorship

Brand sponsorship is another source of income on YouTube. The brand deals and amount paid on each video depend on your channel’s subscriber base and content relevance.  

The best part about brand sponsorship is you get to negotiate the price of your work, and YouTube can’t cut a share on the that amount, unlike on YouTube ads. The sponsorship deals are hard to come by, but they will, once you have a decent number of subscribers. 

How Much Do Youtubers Get Paid?

YouTube does not pay for everything that it receives from the advertisers. You share 45% of the total earnings with YouTube and only get 55% of what advertisers pay.

How Much Money Do You Make per 1,000 Views on YouTube?

The earning per 1,000 ad views on YouTube depends on several factors. It is not one size fits all. The average YouTubers make a few cents to $10 per thousand video views. 

A few factors that affect the ad revenue per 1,000 views are types of ads on the video, the content category, language, and geographical location of the video and views. 

You could have millions of people watching your content and still not make a dime if you did not turn on ads. 

Newari KhajaGhar 

Revenue Per Mille (RPM) tells you how much money you’ve earned for every 1,000 views. On the Contrary, Cost per 1000 ad impressions (CPM) calculates an advertiser’s cost for each 1000 ad impressions. The RPM is lower than the CPM by YouTube revenue shares.

What is good RPM on YouTube?

The RPM can vary depending on various factors, such as the topic of the video, the advertiser demand, the audience demographics, and the type of ad format.

There is no fixed or “good” RPM on YouTube, as it can fluctuate widely. However, an RPM of $2 to $10 is generally considered suitable for most YouTubers. YouTuber’s success depends on its overall channel performance, audience engagement, and other factors.

How Much Does YouTube Pay For 1 Million Views?

YouTube does not pay per video views. It pays based on the ad views.

An ad on the video does not show up every time. Different video formats are displayed on different occasions and different devices. Sometimes two ads are displayed while there is only one or none other times. 

YouTube’s complex algorithm determines when and how many ads to display to a viewer. Therefore, your YouTube Channel’s revenue is calculated based on the estimated monetized playbacks rather than the actual number of views. 

Let’s see an example of Newari KhajaGhar‘s s most popular video – how to make rice wine? It has received almost 950K views. Still, the estimated monetized playbacks account for only 284K views. 

How Much Do You Make on YouTube?

YouTube is a content game; therefore, your earnings depend on how consistently you post on YouTube and how well they perform. 

With only one high-performing video on the channel and no more new posts, Newari KhajaGhar makes almost $30 in 3 months. The last posted video was a year ago. My wife and I have other priorities; therefore are unable to keep up with generating content. The earnings potentials go up if you upload videos regularly and have high subscriber engagements.   

How to Become a Youtuber?

If you are working on an idea and want to start a YouTube channel or you want to promote your small business, the following are some of the advice to become a YouTuber for a beginner:

1. Start a YouTube Channel in your Niche. The Niche should be the one that you are most passionate about and will never get bored.
2. Learn how to shoot, edit, and optimize the post. While learning is an ongoing process, you need to know the basics.
3. Do not try to make a perfect video. The first couple of videos will suck, and that’s okay. Learning and improving are the key.
4. Upload videos consistently. The first 100 subscribers are very hard to get. After the 100 milestones, things will fall into place.
5. Make mistakes and enjoy the journey. Following your passion is supposed to be fun. 
6. Don’t spend money on expensive gear when you’re just getting started. It’s the quality of the video that matters. Content is the key. Creativity will help you get away with anything.

How to Make Money on YouTube Without Making Videos?

The best way to make money on YouTube is by making videos. That does not mean you always have to show the viewer something to grab their attention. You can start a YouTube channel with no videos and still monetize them. The following are the list of ways to make money on YouTube without making videos:

 Book Review

Book review channels do not need a video to show it to their audience. The viewer is only interested in the audio and discussion part of the video. A picture slideshow of the book or graphics is all you need to engage the audience. 

Movie Review 

Movie review videos do not require you to shoot your videos. The videos will be clips from actual movies. You’ll only be adding voiceovers for explaining the details.

Reaction Videos

While reaction videos require you to shoot your videos, piggy banking from the popular videos for the main content, the preparation and content creation take much less than starting from scratch.  

Screencasting or Recorded Gaming Videos

It is very popular among teens nowadays. The live stream and the recorded videos do not require you to shoot the video independently. Screen capture software will record the videos while you’re playing video games. It, however, requires some effort to edit unnecessary clips. 

Takeaway

YouTube is one the best platform to be for generating revenues. Whether you want to showcase your skills, know how to do certain things, or cater to your products or merchandise to the potential buyer, YouTube can be the best platform. Even though the money you make on YouTube is very small, it is a great source of passive income. There is no limit to the earning potential.

If you’ve been watching YouTube videos long enough, MrBeast won’t be an unknown name. This 23-year-old American, the highest-paid YouTuber, is well known for his expensive stunts and giveaways. If you’re wondering about MrBeast’s net worth and how he rose to fame, I’ll go in brief in this post.

Who is MrBeast?

MrBeast, real name Jimmy Donaldson, is a creator, social media celebrity, an internet personality, and a YouTube star. He is 23 years old (born on May 7, 1998). He is the highest-paid American content creator renowned for his expensive stunts and philanthropy.

MrBeast was born in Kansas State but grew up with his brother in Greenville, North Carolina. He revealed social media influencer Maddy Spidell was his girlfriend back in 2019.

What is MrBeast’s Net worth?

MrBeast’s net worth is still a secret; however, most online analysts claim his net worth to be $25 million. His net worth includes his earnings from YouTube AdSense, merchandise sales, brand deals, and sponsorships.

According to Forbes, he climbed to the first of the top-earning YouTubers with estimated earnings of $54 million in 2021. He is estimated to be earning $3 million every month.

Most of these estimates consider a Cost Per 1000 views (CPM). While YouTube does not pay per CPM, it calculates RPM based on monetizable playbacks. Even though YouTube takes 45% of his total earnings, the amount of money he makes is insane.

How much money does MrBeast make a day?

According to Social Blade, a social media statistics tracker, MrBeast’s YouTube channel receives an astronomical amount of 357 million views every month. The monetizable payback will be somewhere around 250 million, assuming 30% of viewers will have ad blockers that prevent ads from showing up in the video.

Using cost per 1000 views (CPM) of $4, the channel’s gross revenue is around $550,000 per month. YouTube only pays 55 percent of the net income. MrBeast’s YouTube Channel makes an estimated $18,000 per day. It is equivalent to $6.6 million of annual revenue. This estimate does not include his video production expense. It also does not have his earnings through brand deals and other business.

How much money does MrBeast make per video?

Based on $54 million in revenue from his 719 videos, MrBeast makes approximately $75 thousand per video. However, each video generates mixed revenue. His latest videos would have more views and generate more income through ads than the older videos. It is also equally valid that his older videos get juice through his newer content and popularity.

MrBeast YouTube Channel

MrBeast started his YouTube channel back in 2012 at age 13. As of Feb 2022, he has uploaded 719 videos, accumulated a whopping 15 billion views, and is still counting. His channel “MrBeast” has 90 million subscribers at the time of this writing and grows by 2 million on average every month. According to Social Blade, almost 358 million fans viewed his videos in the last 30 days. Besides MrBeast, his other channels are Beast Philanthropy, MrBeast gaming, Beast reacts, MrBeast shorts, and MrBeast2; all have over 5 million subscribers.

MrBeast’s YouTube Channel analysis

The Beginning

The first-ever video uploaded on the YouTube Channel was titled “the worst Minecraft saw trap ever???” He started as a gamer streaming video based on early posted videos content. He mainly posted videos playing Minecraft, Pokémon, and Call of Duty: Black Ops 2.

Transition

He slowly transitioned into a “dude” that rants about his views on different things. He uploaded a video about “how much he hates google plus,” “why he detests people asking for likes on YouTube,” and “why google does not care what we think.”

The rant videos are viral because they get much attention on social media. Everybody has an opinion about everything. On YouTube, user engagement pushes videos up in ranking. The comments section gets flooded on these videos.

He jumped from one random topic to another on his post as a beginner. He tried videos related to YouTube earnings from “PewDiePie,” “Skydoesminecraft,” and “Element Animation. “He attempted to piggyback views from these top YouTubers. Also, viewers and beginner YouTubers love the top YouTuber earning statistic videos. It is always interesting to know how top players make money on YouTube.

Fame

He didn’t rise to fame until 2017, when he posted a video of himself counting to 100,000. The 40-hour stunt quickly got noticed, and he performed a similar stunt counting to 200,000 the following month. From here on, his YouTube stunt video journey officially began. Combined with humor and a hefty price tag, his stunts grew bigger and celebrated, ultimately making him a millionaire.

MrBeast Business Venture

MrBeast’s business venture goes far and beyond just a YouTube creator. He has invested in a multiplayer gaming app, his chain of MrBeast burger or a Beast burger, a food company named Feastable, and multiple investments and partnership startups like Backbone and Juice funds.

MrBeast philanthropy

When it comes to philanthropy, MrBeast does not shy away. From literally giving away millions of dollars to opening his other charity organization, MrBeast goes all-in with #TeamTrees, free food, and #TeamSeas.

Team Trees is a collaboration between MrBeast and Mark Rober, a former NASA engineer, a fund-raising channel event to raise $20 million for Arbor Day Foundation and plant trees. The pledge is to plant a tree for every dollar the foundation receives. The Team Tree challenge has received corporate executives like Jack Dorsey, Elon Musk, and many others’ support, and millions of dollar donations received. The donation has helped plant 23.5 million trees worldwide.

Beast Philanthropy is MrBeast’s charity organization that distributes millions of pounds of food to the hungry. The YouTube Channel Beast Philanthropy donates 100% of its ad revenue for the cause.

Team Seas is MrBeast collaborative effort with Rober to fund-raise for Ocean Conservancy and The Ocean Cleanup. The action is to remove solid waste and plastic from oceans, beaches, and rivers.

Have you ever thought about starting your own business and becoming an entrepreneur? Becoming an entrepreneur means creating a new business and taking it from a concept to an income generating entity. Starting your own business involves risk but has greater reward.

Being a boss and not having to follow others is appealing to most of the people but not everybody enjoys everyday arduous task. Not every is a hustler. Are you a Hustler?

Some people prefer not to think about work after 5PM. They choose 9 to 5 grind rather than trying to follow their passion and figure out everything on their own. It does makes sense, after all, why all the risk when the reward is not even promised.

Let’s dive into the topic – is it really worth ditching current job and go on a full-time journey of entrepreneurship?

Is starting your own business really worth it?

There is no one straight answer to this. Is it really worth stating your own business? Is it really worth spending sleepless nights thinking about your business?

Well, it all depends!

Some argue it will all worth at the end while others question about the end. Everyone has their own opinion and no two cases are the same.

Here are 4 main factors that determines if starting your own business is really worth it.

a. Current financial condition

Your current financial situation tells a lot about you. Depending on your financial condition, you might be living under poverty line, middle class or high-income category. And depending on your category your priorities are different. If you are struggling to make ends meet, there is a higher probability that you don’t have time to think about being an entrepreneur. Therefore, it is not worth starting a business at this point.

As a middle class you’d want to jump to the other side. Robert Kiyosaki describes it very well in his book cash flow quadrant. In four quadrants of cash flow, you’d always want to move to the right side of the quadrant.

Related topic: My favorite personal finance books and how I took actions after reading them

High-income individuals are either already a business owner or have a high-paying job. The business owners are always look out for additional business ventures. Their mind is always geared towards progress, higher income generation and expanding network.

If you don’t own already, as an individual with high-earning jobs, it makes more sense to start your own business. With high earnings, your life-style will also fall into high spending category. The cash flow usually ceases as one stops working. Therefore, one must explore other avenues of generating income after retirement. I cannot imagine working the same way after retirement.

b. Individual personality

Personality says it all about the person. His or her choices are dependent on personality. Confident and goal-oriented people make big leaders and therefore they are more geared towards leading people either in their organization or own businesses. If you are self-reliant, resilient and focused, you should own your own business.

As a person with passion and skills, it’ll benefit you from opening your own business. This gives you a sense of fulfillment and help recharge your passion and skills lifelong. You’ll love your passion more if it is generating income and supporting you and the family.

c. Long term goals (5 year to 20 years)

As a human being we all have different goals. Be it, personal, economical or retirement goals.

Most people set their goals for a year, two years, five years, even twenty years while some prefer to live in the moment. Living in a moment does not necessarily mean not having any goal. Their goal is live the fullest within that moment and they tend to think that nobody has seen future.

Goals are very important to keep us on track. It helps us track our progression and reflect back for adjustment. Not everyone knows how to setup their goal. If you are one of those who don’t know and do not want to set your goals, it’s probably not worth starting your own business.

If your long-term goals are freedom, flexibility, benefits and security, at some point in life, you’d muse about having your own business.

d. Family and Friends influence

We are social animal and are always surrounded by friends and family. We need friends, family and their support in every step of our life.

Sometimes, we tend to make decisions based on our friends’ or family members’ influence. While in most cases, they steer us into the right direction, at times, they can also be a bad influence. It all depends on receivers’ final action though.

Therefore, if you are starting a business because your friend said so or one of your family members made a lot of money, then it is probably not worth to start your own business.

How to start your own business?

Now you’ve figured out if it is worth starting a business a not, you’re probably wondering how to start your own business.

Don’t worry, we’ve got you covered.

Starting your own business is not that difficult at all and no, you don’t need to have a college degree to start your own business. All you need to have is, passion towards the field (or niche) where you want to start your business and a lot of perseverance. The road to become successful business owner is not easy but it’s not unattainable as well.

If you’re wondering, where do I began, the following few tips will help you decide.

a. Choose a business niche

A niche is your focused area of a broader market where you want to run your business. A business niche is an area within the market in which you’ve expertise. Finding a business niche for your trade is one the first thing of starting a business. It is applicable from self-employed small business to big corporation.

As a business owner, your plan is to choose the area of trade within you interest, that’s high in demand and possible a low competition. These high demand low competition niches are the most profitable niche markets. There are evergreen niches for a business as well as season. Therefore, you should carefully pick the one that suits your future plan.

b. Pick a business name

Business name is the identity of a business. This is the first thing customer will see and know of before exploring into the products and services the business offer. Therefore, a creative business name is necessary that grabs customers attention. A good business name should be simple and easy to spell or pronounce, web-friendly and should let customer immediately know what services it offers.

The business name is used everywhere from website to marketplace store and physical locations. Therefore, it is required to have a memorable business name.

c. Market validation

Market research is an essential step of every startup business. You’d want to identity the potential customer and need for the product. Once the demand for the product is identified, you’d want to know the market size and market saturation. Without knowing these things, you are hitting the darts in dark.

Market research is a must in order to start a business and make it successful. Market research will give you so many insights that you won’t have otherwise.

For a small online business, market research may be just going to Amazon or Etsy and see the sales volume of your product, the reviews from the customer and how many sellers are selling similar product.

The best product to sell is the one that solves someone’s problem. If you know how to solve the problem and find a way to monetize it, you will become successful.

Another way of conducting market research is testing the products itself in marketplace like Amazon, Etsy or eBay and see if it sells. As a beginner, you’d probably have to spend some money on advertising to see traction. This gives you option to revise, update or even change your product based on the customer response.

d. Register your business

You’ve figured out your business niche, picked the name and validated that there is a demand for your product/services.

Where do you go from here?

It’s time to register the business. You need to register the business to get all the benefits that a business can enjoy.

Lots of self-employed individuals get bogged down into registering the company and getting a website setup before they’re sure which product they are going to sell. I would strongly suggest performing the market research and test your product before finalizing the industry you want to get into. There is always a chance that you might not like your first choice.

The first step of registering a business is registering the trade name. Depending on the formation, your business can be a sole proprietor, a limited liability, or an incorporation.

i. Sole proprietorship:

This is the simplest and the most common business structure that consists of only you and/or your spouse. You are the sole owner of the company. You cannot have any employee but are allowed to hire independent contractor for outsourcing your work.

Forming a sole proprietorship

You need to register the company name which is called DBA (Doing Business As) at the local county clerk’s office. The registration is in person, and you’ll need to provide few details about the company. The certification will be issued which confirms your DBA name for the company. After filing DBA, you’re required to obtain all the permits required (depending on you trade) to doing business.

Business Taxes

Sole proprietor business is a single employee business therefore, a separate business tax setup is not required. The income from the business will be combined into the personal tax while filing taxes every year.

Besides business taxes, if your business involves selling products and taxable services, you are required to collection and remit sales taxes. If you are selling products in marketplace, each marketplace has their own way of collecting and remitting taxes therefore you need to check with them. However, if you’re selling on your own, you should charge the buyer taxes per your State law.

Contact your controller’s office to register and start remitting taxes collected from the sales. Once approved, the Controller’s office will provide a business id number called EIN and provide access to their online portal. The sales taxes can be submitted to the Controller’s office online through their website. The taxes should be submitted either quarterly or yearly depending on the type of business.

ii. Limited Liability Company

Limited Liability Company (LLC) business structure gives you protection against the business liability. You can have more than one owner of the company. The beauty of LLC is that it can act as sole proprietor as well as incorporation while filing taxes.

LLCs do not pay taxes on their profits directly. Their profits and losses are passed through to members, who report them on their individual tax returns.

How to register your LLC

Registration of your LLC starts with naming your LLC. You should come up with a name, that has not been taken by somebody else. Therefore, before applying for the company, you must search your name to verify if there is a company with that name already.

If you’re registering a LLC in Texas, you’ll find the link helpful. Type in the name of your LLC and see if a company with the same name exist. If it does not, you can process with forming a company and filing with the Secretary of State.

iii. Corporation

Corporation in its own is a legal entity, which is expensive to open but gives the highest protection to its owner in terms of tax liability. Corporation is an independent individual entity and does not depend on the shareholders. A corporation can raise capital by going public.

Pros and Cons of starting a business

There are both pros and cons of starting a business. It has some of the best benefits on taxes but it comes with a price. This distinction between the price and benefit is what determines, if the startup can succeed or fail.

Are you willing to give up your comfort zone in order for better future? Let’s explore some of the advantages and cons of starting a business.

Benefits:

1. Be your own boss

As a business owner, you can be your own boss. Entrepreneur enjoys not having to listen to others. He is the decision maker of his company and s/he has a power to direct the company s/he envisioned. Being your own boss is the best feeling in the world.

2. Pick a lot of skills (time, money, and resource management)

You’ll pick a lot of skills along the way, while starting a business. You’ll learn things you were never capable of once you start your own business. Running a business requires you to be able to manage time, money and resources, and be a manager, employee and accountant at the same time. If you didn’t know any one of these, you’ll learn these with time.

3. Financial growth, Income (profit)

Although you’ll probably end of spending money at the beginning, you’ll setup the business to generate income. Some setup their business to supplement their existing income which others create them to replace the current income. Whatever your goal is, you’ll grow financially, if you are serious about your business.

4. Feeling of ownership

This is the best feeling in the own. Your business is something that you created from the scratch and believe me when I say this – You’ll love it when you see it grow. It’s like your baby. You gave it a name of your choosing. You nourished it and took it to a level that it’s self-dependent to generate income. It is a piece of you that you own.

5. Write off business expenses

Tax write-offs are one of the best advantages of starting your own business. You only pay taxes on the profits you make and you get to deduct any expenses related to your business. If you earn your income but working for someone else, you cannot deduct your expenses like your groceries and transportation. But as a business, you can deduct every single expense related to your company.

Those flights you took, hotels you stayed in and dinner, lunches for your business, yes, you can deduct all those under company expenses.

Drawbacks:

1. Starting your business will affect personal life if you don’t know how to balance the two

This is true for any work you do; not only your business. If you don’t know how to maintain the work life balance, it will affect your personal life. The same thing goes with the business too. Being an entrepreneur is not easy. It is highly likely that the struggles that goes on with establishing the business will somehow seep into your personal life. If the business requires heavy involvement from you, you’ll have limited time for your family.

Starting a business is an excuse to quit 8 hour per day job to work 24 hours a day.

2. Extra work hours to validate your business

Business does not take off immediately. It takes a lot of time. Before you even start venturing business, it requires time to validate your business. This is the process of putting a plan to make money with your conceptual idea. And it takes a lot of hard work, and extra time at the beginning. If you’re starting a business with already established idea, it might not take as much time but no matter what, you do not see the results immediately.

3. Time, money and resource management can be stressful

You may be good at something but not at everything. As an individual, you may be good at your skills. You’d have to wear so many other hats as a business owner that you’ve never thought of before. You’d have to manage people and resources instead of focusing on the skills. You’ll be required to manage time to get things done quickly. At times you’ll have be take control your finances. All these tasks may overwhelm people.

4. Keep up with Legal (taxes, accountants and business insurances)

Keeping up with the legal is one of the biggest hurdles with starting a business. With income, you’re require to understand how to handle them.

Taxes are always the last thing anybody would think about while making money.

After all you’ve to file in once in a year, right?

It can be mind boggling at times. If you don’t do taxes properly, the legal implications can haunt you for a long time.

Once your business is up and running, you need to protect it from every possible attacker. Therefore, you’ll have to take on business insurances. You’ll also need to have a legal team that would defend you should any legal issue arises.

Different types of self-employed businesses that you can start right-away

Now you are sure, you want to start a new business and you understand all the benefits and drawbacks it has; and you’re ready to take on any challenges, where do you start? The following are some of the self-employed businesses that you can start right-away. These self-employed businesses do not require huge capital and anyone can start them, even with a full-time job.

1. Selling products on marketplace (Etsy, Amazon, Ebay or business website)

Anybody can start selling products on marketplace. You need to find the product that you want to sell. You can start with retail arbitrage, dropshipping, digital products or your own product.

Etsy is one of the best platforms to start selling your product and start getting traffic with easy-to-understand advertising.

eBay also offers some good features for new seller and you can start selling your used products.

Amazon, relatively complex, but easy to get in marketplace with high customer volume, also provides platform for selling products.

Setting up your own website requires time and cost but also one of the best ways to start selling your products.

2. Become YouTuber

YouTube is becoming more popular for businesses that it was before. Starting a YouTube channel is free. All you need to have is a content, a good plan and post consistency, to become successful YouTuber. YouTube used to be a platform to market your businesses but YouTube itself is becoming a business nowadays. The ad-revenues generated by your videos can be sufficient enough to make it a full-time business.

3. Affiliate Marketing

Affiliate marketing is the process of promoting someone else’s product or services for a commission. It is a very lucrative business due to the fact that you don’t own the product therefore there is no inventory to maintain and there are no customer services required, therefore not returns to handle.

The earning from affiliate marketing is very small but you’re trading for volume and this can be completely passive; that’ll generate income while you’re sleeping.

4. Writing Courses and eBooks

eBooks and online courses are becoming new training medium nowadays. If you have skills to share and are knowledgeable on any industry which has market demand, you can start writing eBooks or courses related to the topic or industry. These contents can be as simple as getting started guide and how to videos or beginners training course. With so many people on the internet, we have people from every skill level trying to learn something.

5. Offering services as handy man, dog walking or transportation industry

Handy man, dog walking or getting to transportation industry like Uber, Doordash are also one of the self-employed businesses that you can get started right away. Although less passive, they can generate high income depending on the demand.

6. Real Estate Investing

Real Estate investing is a very lucrative business. With the right education and money for initial investment, you can start investing in Real Estate right away. If you know what you’re doing, you can make it a semi passive income source.

Why starting a business is a good idea?

1. Starting a business is a good idea because nowadays you can start without a lot of money. There are business models that requires literally no money down to start building business. Initial capital is one of the reasons why most of us don’t get started.
2. It’s a good idea because we should follow our passion. Everyone wants the freedom of choices, i.e., be able to do what we want and when we want it. Nobody should have to put off their dreams because they’ve 9-5 work that they need to get to everyday to make a living.
3. Business can provide financial freedom. Your job can provide financial freedom too, but business can get you there quicker. Financial freedom will help you do what you wanted to do, improve your standard of life, give back to the community, or help a family/ friend. Whatever your priority is, it can help you achieve it.

Have you thought about starting a business? What is your motivation to starting a business? How do you want to starting a business? Please comment below to let us know.