- Adam Del Duca
- Posts
- Why 99% of YouTube Channels Fail (And Why Yours Won't)
Why 99% of YouTube Channels Fail (And Why Yours Won't)
There are millions of channels on YouTube
You already know this
Like most things in life, there are winners and there are losers
Some creators rise to the top and others fail to launch
Now, you could chalk up a lack of creator success to:
Laziness
Lack of guidance
Life conflicts
These reasons and many more why creators fail
However, if I know something about you, it’s that you are motivated
You want YouTube to become a lucrative passive income stream
You want to build a sustainable online business
You want to make more money and live the life you deserve
But the problem is most people overlook that second line
“build a sustainable online business”
Your YouTube channel isn’t an entertainment hub
Your YouTube channel is a business…
Businesses must balance two things:
Income
Expenses
Unfortunately, not all creators started their channels with this balance in mind…
What we are starting to see on YouTube right now are many large channels fading away
Why is that?
Because they ran their channels as a creator and not a business person
Here’s an example:
A few years ago, Mitch Manly was one of the fastest growing animated self-improvement channels on YouTube
He was getting millions of views per video
However, his production costs were upwards of $1,000 per video
Not a problem when each video you publish is getting millions of views
But it’s a significant issue when that’s no longer the case…
All of a sudden, running your channel becomes a money losing endeavor
This is why the number one factor in running a successful YouTube channel is profit management
You need to use a combination of all the different income streams:
As well as being diligent in ensuring that you are accurately tracking costs:
(Note: Images from Tube Freedom Program)
From an income perspective, do not:
Rely solely on ad revenue
Be afraid to promote your own products
Avoid brand deal opportunities
From a cost perspective:
Consider initial startup costs (software, equipment etc.)
Ongoing expenses (outsourcing)
Time costs (your active involvement)
Remember, it doesn’t matter how much money your channel makes
What matters is how much you take home
Be cost conscious
Diversify your income
And I promise you will be more successful than 99% of creators on YouTube
Until next week,
Adam
When you’re ready, there are 3 ways I can help you:
If you want to learn how to grow and monetize your own faceless YouTube channel, check out Tube Automate and Tube Freedom
If you want to learn how to make your first $25k or $100k on YouTube, check out Tube Ignite and Six-Figure Tuber
If you want to work with me one-on-one to build a faceless channel, check out Tube Launch