- Adam Del Duca
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- Did YouTube Rip Off Starbucks?
Did YouTube Rip Off Starbucks?
This opened my eyes to the power of YouTube...
The other day my fiancée was kind enough to buy me a Starbucks Nitro Cold Brew
While I sipped my over-priced drink ($8 each…ouch!), I had a realization
YouTube and Starbucks are oddly alike!
No, YouTube doesn’t serve delicious liquid caffeine like Starbucks does
And while they do serve another drug (dopamine) that many people crave daily
What the two have in common is their ability to generate recurring revenue
If you’re a coffee drinker (like I am) then you know you don’t just drink coffee one day
Then never pick it up again
You’re either a coffee drinker and it become a habit, or you’re not
This means there’s a constant need for coffee in your life
And often times retailers like Starbucks are the ones to serve it to you
As such, companies like Starbucks have customers that return day after day after day
Making the business more and more money (which I contribute to often)
What’s better than a company that sells one-time products?
Yes, you guessed it!
Companies that re-sell the same product again and again and again!
With YouTube, the same principle applies
You make a video once, and then it continues to pay you over time
For example, my video “How I Tricked My Brain To Like Doing Hard Things”
Made me $9,975.11 in the first month
$15,899.20 in the second month
And so on and so forth
Creating a recurring stream of revenue
Now sure, not all your videos are going to make you $1,000s monthly
But wouldn’t it be nice to have a video pay you $150 monthly and cover a date night?
Then another paying you $200 a month covering gas
When you relate YouTube earnings to day-to-day expenses you can see how having a cashflowing channel can improve your financial state
Therefore, if you are thinking of building an asset online
Consider one that will sit on a platform like YouTube
Which provides your content with the longevity it deserves
So you can produce videos and get paid indefinitely
Ps. All the channel review slots have been taken
If you wanted a review but missed out
You can put your name on the waitlist here
Until tomorrow,
Adam