How To Become a YouTube Millionaire

How much money do YouTubers really make?

It’s an important question, because according to a recent study, becoming a YouTuber is now considered one of the most desirable jobs in the world. And yet, some articles will tell you almost nobody is even making a living on YouTube. But then, on the other side, some people talk about normal people becoming millionaires from their videos. So, what is the truth - how rich can you get from youtube?

In this video we’re answering how youtube ad revenue works, how much money you can make with youtube, and all the other ways some youtubers profit from their channel, including some monetization tricks you may wanna use yourself.

For example, I’ll be explaining how a video with less than 1000 views made me over $500, and yet a video with 10,000 views, made considerably less.

So, let’s delve into the truth about making money on youtube.

We begin by talking about how YouTube ad revenue works - how do some videos make more money than others? Why do some creators get paid millions of dollars of ad revenue whilst other struggle to pay their bills?

To explain all of this, we'll be talking about CPM's and how google ads (youtube ads) work for both advertisers and creators.

However, making more youtube ad revenue is just the tip of the monetization iceberg. For the richest youtubers, ad revenue is NOT how they make most of their money...

And if you want to become a YouTube millionaire, you're going to need to start thinking about YouTube more like a business. And so in the rest of this video, we'll be exploring what a YouTube business really means, and you yourself can start selling your own products or services to make more money.

For more videos on making money online, building wealth and the creator economy - subscribe to MagnatesMedia. We have several other YouTube documentaries & courses for aspiring youtubers.