The Simplest Way To Make $3,000 Per Month on YouTube

What would your life look like if you started making $3,000 a month on YouTube?

For some, it would cover their housing costs

For others, it means going on vacation an extra 1-2 times a year

For others, it means speeding up their path to retirement

These are all incredible benefits of making a part-time online income

But the question is how do you do it?

If you’re a beginner, one of the best ways to go about it is to harness two things

1. Low-cost production

2. Market gaps

Let me explain each…

As you know, making YouTube videos isn’t free

You’re either paying with your time or money (and often both)

However, as you can imagine, some videos will cost more than others to produce

For example, a video by Magnates Media can cost upwards of $2,000 each

Which most people simply cannot afford (nor do I recommend for beginners)

For beginners, taking the low-budget route is the way to go

Why?

Because you don’t want your learning curve to cost you so much money that you can never get your channel into the profit position

This is why I usually suggest students choose a format that allows for the use of stock footage or cost-effective animations

So you lessen the upfront costs and start to profit sooner

However, the use of low-cost videos is not the only piece in the success pie…

That production style needs to be deployed in a gap in the market

Take the channel Financial Wisdom for example

When the channel started, there were few channels in the trading space

Which allowed it to gain rapid growth even though they were using a very low-cost production style (Videoscribe)

Want to really see just how effective this strategy can be?

The channel is only uploading a few videos a month (~$200 a month in costs when outsourced)

All the while generating over 330,000 monthly views which is roughly $3,000 in this high CPM niche

Therefore, you don’t need to break the bank to make money on YouTube

You just need to identify where the opportunities exist and capitalize

This is why I teach my students inside Tube Academy how to identify blue ocean (unsaturated) markets on YouTube

Because when approached correctly, can set you up for long-term success on the platform

That’s all for today!

Happy Sunday,

Adam