The world population is growing every day and jobs are decreasing so people are looking for alternative ways to earn money. Freelancing is a very effective way to use your skills efficiently and earn good money. People all around the world showcase their talent on various freelancing platforms. The most trending platform for earning money online is YouTube. People are making millions from YouTube by making various videos such as gaming, product reviews and many more.
Videos have overtaken pictures as the most efficient marketing tool. Good videos combined with the mass network of Google AdSense results in a lot of money for users. This makes YouTube the most desirable platform for earning money online.
Statistics YouTube July 2015:
- There are more than 1 billion users on YouTube
- 50% year-on-year growth in number of hours watched
- 4 billion videos per month
- 6 billion videos are watched each month
- 300 hours of video are uploaded per minute
These are some amazing statistics which can be utilized to earn a good amount of money. The best thing about YouTube is that you can earn money by doing something you love. PewDiePie the most subscribed channel on YouTube earned $7 million dollars in 2014 and he makes videos regarding gaming. He is one of the biggest inspirations for YouTubers because he makes videos of himself playing games and gives some healthy tips and tricks as well. A lot of YouTube channels were opened because of PewDiePie because people saw him making money by doing what he loves.
Quitting your regular job and making more money by making videos of yourself playing games or reviewing products is a dream come true for many. PewDiePie is just one example, MKBHD, LinusTechTips, Melonie Mac and countless more are in the list as well.
The best thing about earning money online is that you do not need any degree or qualification. You can start at the age of 15 or even younger if you know how to operate a camera and you have good knowledge about what you are talking about. Once you start this young there are very high chances that when you are in your twenties you will be earning much more than white-collar jobs.
Content is the key, if you have good content then you will get a lot of subscribers and views on your videos. You have to put your heart out and the hard work will indeed pay off in the end. And YouTube is just one platform, there are countless others. Twitch is another extremely popular streaming platform. Millions of gamers use it to stream their gameplay and earn money.
Both YouTube and Twitch have native applications on desktops, gaming consoles and even smartphones and tablets. Both platforms allow live streaming about anything, all you have to worry about is copyrights especially if you are using songs in your videos.
- Most followers:
- Syndicate with 1,962,968
- Riotgames with 1,735,203
- Captainsparklez with 1,186,944
- PhantomL0rd with 1,022,218
- Most popular games:
- League of Legends
- Counter Strike Global Offensive
- Dota 2
- Super Smash Bros
- Hearthstone: Heroes of Warcraft
- World of Warcraft
- 500 million people watch streams on Twitch each day
- $10,000 average income on Twitch
Four out of top 5 channels on Twitch are related to gaming. And the most popular games on Twitch are the ones that 70% of the gamers play and I assume you play at least one of these games. If these statistics do not lure you in to streaming and making videos to make a living then I am not sure what will. You have a higher chance of earning good money on YouTube and Twitch rather than finding a job.
There are hundreds of success stories, many people have quit their jobs because they can earn more through freelancing and be their own boss. Earning online gives you the freedom to work anytime you want. The more you work the more you earn, simple.
Everything is not a piece of cake and when there are success stories, there are failures as well. This is the circle of life but if you have the proper motivation you can go past the failure and be successful. Turning your channel in to a popular one is not a day’s task. It takes years to attract viewers to your channel this is why you have to start young. But if you have good content you can achieve this within months.
In terms of investment, it is not that high comparing to other businesses. If you are a console gamer then you need gaming consoles or if you play on a desktop then a good gaming desktop is required. Most of the streamers already own the equipment because if they didn’t then they wouldn’t know anything about gaming. You need a good camera, at the start you can purchase a beginner DSLR with a tripod and a few lighting equipment. This can be upgraded in to a professional video camera when you start earning a stable income. As for sound, either you can utilize a good gaming headset or purchase an external professional mic. The total would be close to $5000-10,000 depending on your equipment. The rest of the investment is your time and energy along with utility bills. If you make a proper schedule you will learn that you are only spending 3-5 hours a day on this project.
The return on investment is amazing though. You can recover your investment within a year and after that it’s all about becoming the best and earn as much as you as can. Earnings come via Google AdSense, Twitch ads, tips and even direct sponsorships from companies.
This is everything you need to know about earning online through Twitch and YouTube. It is a high time to start your channel now so it grows and earns you a healthy amount of money before you settle in your life.