The Truth Behind My $300,000 Annual Earnings on YouTube

by | Jul 12, 2023 | Vanguard IRA | 25 comments




My channel took off in April 2020, and what a wild ride it has been. In this video, I’ll show you how I make money on YouTube, the revenue streams that currently bring in about $25,000 a month, and some of my biggest tips for creators.

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I’ll also give you a behind the scenes look at my YouTube Analytics and break down how making videos can make money. In the grand scheme of things, I don’t make a lot compared to most multi-millionaires and billionaires. But if making two videos a week (15 hours of work) can do this, and the money on the YouTube platform keeps growing each day (more and more money is constantly being poured into ads and brand deals), think about all the possibilities.

If you had told me a year ago that a medium sized channel like mine could bring in this much income, I would’ve tried slapped some sense into you. It wasn’t until I started making consistent content, learning how to monetize a YouTube channel, and knowing how to create the right types of content, did it become clear that this is a real business that can generate serious cash flow.

Over the last half a year, I’ve experimented with new content, developed strategies, and tried giving value to as many people as I can. All I can say is that being able to create content that people watch (not sure why as I don’t have the “right” personality for YouTube) is super fun and exciting. I have spent a great deal of energy building this channel, but the journey has been the most fun I’ve ever had.

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It’s 11:51PM as I type this, the night before my first course launches in about 9 hours. I’m tired AF but think to myself how I wouldn’t trade this for anything. I’m still confused why I was able to grow my channel, because I don’t possess the typical qualities of a content creator (especially one that speaks on camera in all his videos). What I do know is that if I can do something like this and enjoy it so much, so can anyone with the guts to take out a camera and start recording.

No pressure at all, but if you want to learn exactly how I grew my channel to its current income, check out my 6-Figure YouTube Academy:

Enrollment opens today! I teach all my tips, tricks, and secrets that made my channel become one of the fastest growing personal finance channels on YouTube this year. For example, my 6R system that helps me generate endless video ideas, and my ultimate TikTok/IG Reels funnel for getting new viewers on existing content. The course is 100+ videos with free templates, worksheets, and downloads – and it took months and months to create.

Thank you for your endless support and encouragement in building this channel! If you want to see more content about personal finance, entrepreneurship, and investing, make sure to subscribe 🙂

Have a blessed day!

-Charlie

#YouTuber #Income #BehindTheScenes

Disclaimer: Some of the links above may be affiliate links, which means that if you click on them I may receive a small commission. The commission is paid by the retailers, at no cost to you, and this helps to support our channel and keep our videos free. Thank you!

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In addition, I am not a financial advisor. Charlie Chang does not provide tax, legal or accounting advice. The ideas presented in this video are for entertainment purposes only. Please do your own due diligence before making any financial decisions.

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Title: How I Make $300,000 Per Year on YouTube (The Truth)

Introduction:
In recent years, YouTube has transformed from a mere video-sharing platform into a lucrative career option for many content creators. The idea of earning a substantial income by simply creating and sharing videos online seems captivating. However, the reality of making substantial sums on YouTube is often misunderstood or oversimplified. In this article, we will delve into the realm of YouTube monetization and explore the truth behind generating $300,000 per year on the platform.

1. Building a Substantial Subscriber Base:
One of the foundational requirements for earning a substantial income on YouTube is building a sizeable subscriber base. While the platform’s Partner Program enables ads on your videos, increasing your subscriber count is crucial for maximizing revenue. Creating high-quality, engaging content, promoting your channel through social media, and optimizing search engine visibility are key strategies to attract and retain subscribers.

2. Ad Revenue:
Advertisement revenue remains the primary source of income for most successful YouTubers. By joining YouTube’s Partner Program, creators get a share of the revenue generated from ads displayed on their videos. However, it’s essential to note that YouTube’s ad revenue can widely vary depending on factors like audience engagement, video length, and geographical location. On average, creators can expect to earn $1-$3 per 1,000 monetized views. To make $300,000 yearly, a channel must generate millions of views monthly.

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3. Sponsored Content and Brand Partnerships:
Beyond ad revenue, YouTube creators can forge lucrative partnerships with brands through sponsored content. When your channel gains popularity, companies may approach you to endorse their products or feature them in your videos. Such partnerships can bring in significant income, often exceeding the potential revenue from ads alone. The key is to maintain credibility and authenticity, aligning with brands that resonate with your content and audience.

4. Merchandise and Product Sales:
As their influence expands, YouTubers often consider creating and selling merchandise or launching their own products. Developing a dedicated fan base and having a strong brand identity are prerequisites for this revenue stream. Selling merchandise or offering exclusive products can significantly boost earnings, as fans are often eager to support their favorite creators.

5. External Income Sources:
Beyond the YouTube platform itself, successful YouTubers can explore various external income sources. These may include book deals, sponsorships, speaking engagements, and collaborations with other creators. By leveraging their popularity, YouTubers can extend their reach beyond the digital arena and turn their influence into additional revenue streams.

Conclusion:
While the notion of making $300,000 per year on YouTube may seem glamorous, achieving such a feat requires dedication, creativity, and consistency. It is crucial to understand that building a profitable YouTube channel takes time, effort, and willingness to adapt to an ever-changing landscape. A combination of ad revenue, sponsored content, merchandise sales, and external income sources helps successful YouTubers realize their financial dreams. The journey to significant earnings on YouTube may be challenging, but for those who find the right balance of passion, skill, and business acumen, it can be an incredibly rewarding career path.

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25 Comments

  1. Jenuine JonesZen Productions

    Best video for making video work for you video! Low key and clean. Def promote you!

  2. Diana Garcia

    Brands look for you or viceversa?

  3. Journey with KC

    What software do you use to edit your videos?

  4. Michael Tule

    I like my blanket winner

  5. Gio ramos

    2:54 this video aged very well who would have known we actually went into a pandemic other than that amazing video! so much value thank you

  6. Aliza Luce

    Amazing dude

  7. Michael James

    Charlie what camera do you use?

  8. Frank

    $300,000 pure without the 45% deduction from YouTube ?

  9. Investor Girl

    I really like that you are open with who you are. "Shy and introvert person like me." I totally vibe with this! Thanks for sharing and being so transparent!

  10. Yusuke Kashiwagi

    Hi from Japan!
    Thank you for amazing video, it inspired me to open my channel.

  11. Jo Francisco

    Great content all around! Liked and subscribed! I started making some investing videos, if you have time to check some out and provide feedback it would be very much appreciated! Your content is great; the camera quality, the value, the info, the thumbnail, everything! Good for you, very inspirational.

  12. Nita Blackwood

    That's wild. Can't even hate on that

  13. DamnitWIL

    Thanks for the share Charlie!

  14. Hunter Chapman

    Very inspiring bro! Keep it up!

  15. Raymond C

    Thanks for being transparent

  16. 2022 - Time To Change

    So youtubers with 1M subs, 10X yours, posting 10min vids like you regularly, will make 3M a year? Thats a lot. Wow. Even surgeons and only big ceos make that

  17. DiamondsNFurs

    Thank you for this great video, Charlie! I love the transparency and high value of your content. Keep up the great work!

  18. Clark Huang

    Been following you throughout the pandemic! Super inspiring man!

  19. Crypto savy

    Save to invest! you are saving a day off work

  20. Oliver Jan

    Thanks for the video, Charlie! Big fan of your content. Do you use a teleprompter for your scripts?

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