money makes the world go round and around how much money can I make on
YouTube in 2017 with only five thousand subscribers
stay tuned for the real numbers so first off a couple details about my youtube
channel I have a youtube channel that has over 5,000 subscribers I started
about six months ago if you go and look at the channel you can see the videos I
talk about day trading talking about the stock market and it's basically just
videos of me talking about my experiences learning how to day trade
learning more about day trading over the last year and a half two years now of
day trading talking on the stock market one thing that I noticed right away with
my CPM with my income compared to other channels I get a much higher CPM than
most youtube channels I have a friend who has a hundred thousand subscribers
so I think almost close to two hundred thousand subscribers
his videos get on average you know eighty two hundred thousand views he
makes around a hundred dollars for those videos with my CPM if I get a thousand
views I get around 15 to 20 dollars per thousand views compared to him getting a
hundred thousand views and only getting a hundred dollars so his CPM is much
lower I'm feeling a much higher CPM because of my content my content high
dollar Wall Street stock market banking financials it's kind of a niche market
one of things I talk about even with Instagram is kind of finding a niche and
then capitalizing on I find something you're passionate about and kind of
narrowing it down to that little small niche state trading momentum day trading
that's kind of what my channel is about it's not just about the overall market
it's more about momentum day trading few don't really understand much about stock
market you're here only for the YouTube money and you just want to see how much
money I made with Python subscribers gonna break it down here in this video
you can see my estimated revenue there is seven hundred and thirty two dollars
for this month's that's the last 28 days if you look here click this open this up
and you look at my last 28 days we'll say let's look at August the last month
of August so in August I made nine hundred and seventeen dollars you can
see my peak day there was 59 56 which is an amazing day if you break down that
day I made 59 56 one of my videos made $20 alone that was actually a live
stream one of my biggest live streams got $20 there from that one live see my
live stream for about two hours cut made $20 this is pennies on the dollar but
I'm making these videos anyway so it's kind of nice to get some kind of reward
you know and make it nine hundred dollars a month extra on top of the
money that I already make when I'm already making these videos it's a nice
little benefit when I first started my youtube account I was only making you
know two three dollars maybe one dollar a day sometimes fifty cents a day when I
first started with only you know 100 200 subscribers nowadays I'm making on
average you can see here in this last week kind of all over the places last
week on average making $40 normally during the week I do pretty well because
the markets open there's a lot more content people are watching the videos
the watch time is higher I'm doing the live streams but you can see there $40
$40 $40 and kind of dipping down there $30 to end out the week there so between
30 and 40 dollars I'm making right now and it's not bad I'm happy with it I'm
making the videos anyway so it's just a little bump
it's basically paying for my dinner you know have a nice dinner on YouTube so
I'm happy with that I get paid once a month from YouTube get a nice little
bump in the bank account you know see extra eight hundred nine hundred hours
in there it's always nice to see I've seen other videos people talking about
how much money they make with their channel with a lot more subscribers than
I do they make a lot less back in August had some really good days had some days
over $50 there and then a spike after the $59 area I didn't post any of it
so kind of just dipped down having a couple more spikes and then BAM you can
see it gets all down here to the $18.00 area in the low of the month was $10 so
when I did not post any concept a couple days obviously the revenue dipped like
crazy dropped instantly the big funny thing with this when you're looking at
this is it's all about watch time so looking here this is my revenue this is
how much my estimated revenue was for August that's how much I made usually
it's pretty close so your estimated revenue is pretty close to what you make
I might have made a little bit more but if you look at the watch time here you
can see spikes and wash time correlate with the revenue then boom boom boom big
spikes of watch time a lot of our revenue so I'm getting more ads filled
more people watching more people coming and looking at the channel more
subscribers the more watch time in general the better YouTube loves watch
time they wanna see people that are watching the videos the longer people
are sitting on YouTube the better the more money they're making and that's
what's all about for them having people on the site people staying on the site
being interactive interacting your content and watching videos watching
your videos watching other people's videos they don't care whose videos
as long as they're on YouTube that's what it's all about really
so watch time is very important audience retention is important you can see my
retention isn't amazing I mean I'm happy with it
you see my attentions there at 5 minutes and 28 seconds some of my videos are
normally around 5 to 6 minutes and then on average that you know people are
watching 3 to 4 minutes which is pretty good because I feel like people have
such a TD they can't watch it very long because they're literally just like yeah
they're not gonna watch one of the reasons that you look at my average
percentage viewed is because of the live stream so I'm doing the to our live
stream P we're gonna watch you know 20 30 minutes of that so the average view
drops way down before I was doing like 67% average view and now because the
live stream is dipping down there so you can see how it all correlates my revenue
watch time audience retention YouTube is going to reward people who have higher
retention rates higher audience watch time and that's really important for
them that's the algorithm they're watching right now they want people who
are interactive with YouTube that are making people watch for longer people
that are on YouTube they all about keeping people on you too the longer
they're on YouTube the better the more content they're watching the more ads
they're seeing and that's really the big thing so if you're creating content you
want to create content that's gonna keep people watching so right now you've
watch this video for 3 or 4 minutes and you're keep on watching so keep on
watching this video don't stop now because if you watch it all the way
through you're gonna help me with my audience retention and that's what we're
all here for right so we're learning more about YouTube and I want you guys
to see I don't make a ton of money off youtube I'm not getting rich off of
YouTube by the same time it's a nice little bump you know nine hundred eight
hundred dollars a month extra on top of the money that I've already making on my
other stuff and I do you know what trading with marketing with with social
media and videos and all stuff I do it's not bad 900 bucks paisay pays my car
payment insurance puts gas in the car for the months that's covering those
bills and it's nice to have a little bump so thank you to YouTube thank you
to Google for giving us the opportunity to build a make content and get it out
there people to watch and then rewarding us with a small amount of money you know
obviously I spent a lot of time sometimes on some of these videos like
right now I'm gonna spend two or three hours on this video and I make about $5
so it's not really worth it in essence but in the bigger picture the idea that
maybe one day this YouTube channel grows to you know 100,000 subscribers which
there's another YouTube channel out there for day trading it has over a
hundred thousand subscribers so maybe you could grow to that
and maybe I'll make it 100 200 300 hours a day with some of my great videos that
I put out some of the content so that's one of the reasons I always kind of ask
you like please subscribe please help me like the videos comments the more you
interact with the videos the more YouTube rewards me the more they promote
my channel the more they put my videos out there and suggested so that's one of
the reasons I'm always like come on help me guys and I'm not just like hey I want
to have more subscribers I don't look cool but hey I like to make a little bit
more money and I'm not asking you to pay all I'm asking to do is subscribe help
me help you that's was a big thing here so kind of pulling some the curtain back
showing you guys how a small Channel you know five thousand six thousand
subscribers on YouTube average daily views you know thousand two thousand
views a day I could make close $1,000 a month so that's really gonna increase
increase increase the more my subscribers double the more my views
double and a better the content get so hope that people enjoy the content more
and more as I get better at this whole YouTube thing and kind of talking and
webcams and lighting and all this fun stuff but it's really been a cool
journey making the videos put them out there kind of seeing my own personal
journey as a trader as a youtuber as a film or an editor or whatever this is
and like I said it's nicely a little bump from YouTube and that's the benefit
of having a YouTube channel and growing that channel like I said when I first
started as making no money at all I was like pennies and then now you know to
make 40 50 dollars a day it's not bad I'm pretty happy with that some people
go and work for eight hours and make fifty sixty dollars a day I can do it
here by making one or two videos on YouTube so anyway I would be here
working or I'd be trading and I kind of be like I make a video about this I can
make a video making you know 40 50 bucks it's not bad so thank you guys for all
your support everyone who's watched this far everyone who's supported me along
the way if you haven't already make sure you subscribe channel like I said help
me help you let's get up to a thousand dollars a month here on YouTube it's not
just about the money it's really cool to see the interaction I'm not here like I
said to make millions of dollars on YouTube it's really just the whole
process starting a YouTube channel growing that YouTube channel see work
and go water evolves to and kind of what comes out of it and on that note
hopefully you guys enjoyed this video hope you guys enjoyed seeing you know
that you can't make a little bit money on YouTube in 2007
you