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  • 00:00

    Alright. So we're making this video on the topic of, "How much do video editors
    Alright. So we're making this video on the topic of, "How much do video editors

  • 00:04

    make?" I know a lot about that. I have a whole team of video editors. But the
    make?" I know a lot about that. I have a whole team of video editors. But the

  • 00:08

    answer is probably not what you expect and it's probably not what you want to
    answer is probably not what you expect and it's probably not what you want to

  • 00:13

    hear. So... But stay tuned. It's important.
    hear. So... But stay tuned. It's important.

  • 00:33

    Okay. So, the reason that I introduced it that way... Think you're proposing that
    Okay. So, the reason that I introduced it that way... Think you're proposing that

  • 00:38

    it's not what you're going to want to hear is because I'm guessing that you're
    it's not what you're going to want to hear is because I'm guessing that you're

  • 00:41

    thinking about doing a career in video editing. Or maybe you enjoy video editing
    thinking about doing a career in video editing. Or maybe you enjoy video editing

  • 00:45

    and you're wanting to get hired for it. Okay? So, you can make actually some
    and you're wanting to get hired for it. Okay? So, you can make actually some

  • 00:49

    really good money, video editing. But there is some maybe bad news to
    really good money, video editing. But there is some maybe bad news to

  • 00:54

    you being a video editor and making a fortune. Okay? -Okay, well what is it? -When I have
    you being a video editor and making a fortune. Okay? -Okay, well what is it? -When I have

  • 00:59

    offered my services for video editing, I'd do a lot of video editing for myself.
    offered my services for video editing, I'd do a lot of video editing for myself.

  • 01:04

    But when I say, "Hey, I have a video editing service." I started charging. My
    But when I say, "Hey, I have a video editing service." I started charging. My

  • 01:08

    starting rate was $50 an hour. If you start $50 an hour, you can make a pretty
    starting rate was $50 an hour. If you start $50 an hour, you can make a pretty

  • 01:13

    good living. 160 hours a week. -Maybe if you're a single guy. -Do you
    good living. 160 hours a week. -Maybe if you're a single guy. -Do you

  • 01:17

    remember when I had my laptop up the cat coders and I said, "He remember that
    remember when I had my laptop up the cat coders and I said, "He remember that

  • 01:20

    number"? What was that number? -8,000. -You can make $8,000 a month if you charge
    number"? What was that number? -8,000. -You can make $8,000 a month if you charge

  • 01:25

    $50 an hour and you work 160 hours a month. -That's pretty good for...
    $50 an hour and you work 160 hours a month. -That's pretty good for...

  • 01:28

    Yeah. -So, that's... That's almost a 6-figure income. Alright. So... -If you're
    Yeah. -So, that's... That's almost a 6-figure income. Alright. So... -If you're

  • 01:32

    working every day. Day in, day out. But I mean if it's just you doing that in your
    working every day. Day in, day out. But I mean if it's just you doing that in your

  • 01:36

    own... As your own business, most people don't work 40 hour work weeks. -If you're
    own... As your own business, most people don't work 40 hour work weeks. -If you're

  • 01:42

    if you're talented, you could... You could... You could charge $50 an hour or more.
    if you're talented, you could... You could... You could charge $50 an hour or more.

  • 01:47

    Okay? So... Yeah, you can make a decent living at it but I haven't gotten to the
    Okay? So... Yeah, you can make a decent living at it but I haven't gotten to the

  • 01:51

    bad news yet, okay? I'm not getting to the bad news yet but some other challenges
    bad news yet, okay? I'm not getting to the bad news yet but some other challenges

  • 01:55

    are. It is really hard to keep a full schedule. I wrote down some challenges
    are. It is really hard to keep a full schedule. I wrote down some challenges

  • 01:59

    that I had is... -Which is why by the way while you're looking. Why people would
    that I had is... -Which is why by the way while you're looking. Why people would

  • 02:03

    probably charge more than $50 an hour. Because they simply don't have as much
    probably charge more than $50 an hour. Because they simply don't have as much

  • 02:07

    work to sustain an eight-hour day, five days a week. -So, I've worded that as jobs
    work to sustain an eight-hour day, five days a week. -So, I've worded that as jobs

  • 02:11

    were sporadic. I wrote down that, that it was very tough to please clients. Because
    were sporadic. I wrote down that, that it was very tough to please clients. Because

  • 02:16

    each client has a different expectation. They have a different filming style. And
    each client has a different expectation. They have a different filming style. And

  • 02:20

    they're picky. And so, it required different editing skills on each video.
    they're picky. And so, it required different editing skills on each video.

  • 02:25

    -Well and you're not talking about editing feature like films here where
    -Well and you're not talking about editing feature like films here where

  • 02:28

    you're spending six months in post-production. You're talking about
    you're spending six months in post-production. You're talking about

  • 02:31

    somebody saying, "We've got, you know, 5 minutes worth of film video. We need to
    somebody saying, "We've got, you know, 5 minutes worth of film video. We need to

  • 02:35

    make a 30 to 60 second commercial." -Yeah, whether it's a YouTube episode or
    make a 30 to 60 second commercial." -Yeah, whether it's a YouTube episode or

  • 02:39

    Vlog or commercial like you're talking about.
    Vlog or commercial like you're talking about.

  • 02:41

    That's the... -That's regular people stuff, yeah. -Alright. So, here's the big,
    That's the... -That's regular people stuff, yeah. -Alright. So, here's the big,

  • 02:46

    big problem. So, I've got 7 over my 10 team members. They're in the Philippines,
    big problem. So, I've got 7 over my 10 team members. They're in the Philippines,

  • 02:52

    okay? 7 over my full-time or seven employees, full-time work, I pay on
    okay? 7 over my full-time or seven employees, full-time work, I pay on

  • 02:58

    average of about $500 per month. And that's each. 500.
    average of about $500 per month. And that's each. 500.

  • 03:02

    Each of them make $500 a month per month. So we're not... So... We said you could
    Each of them make $500 a month per month. So we're not... So... We said you could

  • 03:07

    potentially charge 50 an hour and make eight thousand a month. But I would never
    potentially charge 50 an hour and make eight thousand a month. But I would never

  • 03:12

    hire you. Why would I hire you for $8,000 a month when I can find
    hire you. Why would I hire you for $8,000 a month when I can find

  • 03:16

    somebody who has the same skills as you for 500 bucks a month? -This
    somebody who has the same skills as you for 500 bucks a month? -This

  • 03:20

    officially is the bad news. -That's the bad news.
    officially is the bad news. -That's the bad news.

  • 03:23

    -In case you weren't paying attention. -Okay, but before you hang up on this
    -In case you weren't paying attention. -Okay, but before you hang up on this

  • 03:26

    video... Do you hang up a videos? -Sure you can. -Before you hang up on
    video... Do you hang up a videos? -Sure you can. -Before you hang up on

  • 03:30

    me, I have some very good news that's better than the bad news I just gave you.
    me, I have some very good news that's better than the bad news I just gave you.

  • 03:35

    -Okay, good. -It's better. -It supersedes it. Okay. Should I get to the good news yet?
    -Okay, good. -It's better. -It supersedes it. Okay. Should I get to the good news yet?

  • 03:40

    -The good news is that the army will pay for your college education and it's not
    -The good news is that the army will pay for your college education and it's not

  • 03:43

    too late. -Okay, I'm just going to get to the good news. I don't know I don't remember
    too late. -Okay, I'm just going to get to the good news. I don't know I don't remember

  • 03:47

    what I have in my notes. Because I just didn't want to take the time to read
    what I have in my notes. Because I just didn't want to take the time to read

  • 03:51

    them. -Right. -The good news is... How I've applied it. So, I no longer offer video
    them. -Right. -The good news is... How I've applied it. So, I no longer offer video

  • 03:56

    editing as a service. What I now offer is video production. I do filming. My team in
    editing as a service. What I now offer is video production. I do filming. My team in

  • 04:01

    the Philippines does the editing and whatnot. Let me rephrase the good news.
    the Philippines does the editing and whatnot. Let me rephrase the good news.

  • 04:05

    The good news is you can build a company and you can hire people in the
    The good news is you can build a company and you can hire people in the

  • 04:11

    Philippines for $500 a month to do editing. You don't have to...
    Philippines for $500 a month to do editing. You don't have to...

  • 04:15

    You don't have to be paid $50 an hour to make huge amounts of profit. If you were
    You don't have to be paid $50 an hour to make huge amounts of profit. If you were

  • 04:23

    the one spending your time doing the editing, yeah, you've got a charge a good
    the one spending your time doing the editing, yeah, you've got a charge a good

  • 04:27

    amount of money. You'd have to charge more than that to be able to make a good
    amount of money. You'd have to charge more than that to be able to make a good

  • 04:30

    living. But you can make a great living by you building a team and hiring people
    living. But you can make a great living by you building a team and hiring people

  • 04:34

    in the Philippines. Like I do. And I can send that great news. Like... Yeah, maybe it
    in the Philippines. Like I do. And I can send that great news. Like... Yeah, maybe it

  • 04:40

    would be awesome if I could charge $100 per hour, $200 per hour for video editing.
    would be awesome if I could charge $100 per hour, $200 per hour for video editing.

  • 04:45

    But ultimately, that's not going to help me accomplish what I've been able to
    But ultimately, that's not going to help me accomplish what I've been able to

  • 04:49

    accomplish here where I've got a whole team and I just reached up to a
    accomplish here where I've got a whole team and I just reached up to a

  • 04:54

    person that's morning. Wanting to hire one more video editor
    person that's morning. Wanting to hire one more video editor

  • 04:57

    because we're growing. That's a huge opportunity. You might not see it that
    because we're growing. That's a huge opportunity. You might not see it that

  • 05:00

    way. But the way the reason that I worded is it's a bigger advantage than the
    way. But the way the reason that I worded is it's a bigger advantage than the

  • 05:04

    disadvantage. Is because it really is... You can make 7 and 8 figures in your
    disadvantage. Is because it really is... You can make 7 and 8 figures in your

  • 05:10

    business. If you really create a business around it. -And there may be... There may be
    business. If you really create a business around it. -And there may be... There may be

  • 05:13

    a few of you out there who are saying, "I don't care about all that. I just want to
    a few of you out there who are saying, "I don't care about all that. I just want to

  • 05:16

    be a video editor myself." So, you go back to the $50 an hour model. You go back to
    be a video editor myself." So, you go back to the $50 an hour model. You go back to

  • 05:21

    the sporadic work. And if it makes you happy, it makes you happy. But you could
    the sporadic work. And if it makes you happy, it makes you happy. But you could

  • 05:25

    also have the best of both worlds. You could still be a video editor, who
    also have the best of both worlds. You could still be a video editor, who

  • 05:28

    charges $50 an hour and still have a team of editors who charge you 400 a
    charges $50 an hour and still have a team of editors who charge you 400 a

  • 05:33

    month. So that you could take on more projects and have your own hands on
    month. So that you could take on more projects and have your own hands on

  • 05:37

    several of them yourself while you're still overseeing the work that the other
    several of them yourself while you're still overseeing the work that the other

  • 05:40

    people are doing. I mean, in other words, you're right. The business opportunities
    people are doing. I mean, in other words, you're right. The business opportunities

  • 05:44

    become bigger and bigger and you find yourself getting more work. It's like the
    become bigger and bigger and you find yourself getting more work. It's like the

  • 05:49

    more work you have, the more work you get. Is generally how things work. -Oh, yeah.
    more work you have, the more work you get. Is generally how things work. -Oh, yeah.

  • 05:55

    -This weird universe. Because people hear about you, they see what you've done, work
    -This weird universe. Because people hear about you, they see what you've done, work

  • 06:00

    generates work. And we have other people that are doing some of that work for you
    generates work. And we have other people that are doing some of that work for you

  • 06:04

    is the same... It's the same formula. So the question that you asked or we're hoping
    is the same... It's the same formula. So the question that you asked or we're hoping

  • 06:10

    to get answered by watching this video is how much do video editors make. Like
    to get answered by watching this video is how much do video editors make. Like

  • 06:14

    let's... Let's change... Like what, what's the potential? Can the potential for you is
    let's... Let's change... Like what, what's the potential? Can the potential for you is

  • 06:19

    is maybe you could get a six-figure income as a video editor but you have
    is maybe you could get a six-figure income as a video editor but you have

  • 06:25

    you know, got all those downsides but you've also got people in the
    you know, got all those downsides but you've also got people in the

  • 06:29

    Philippines as competitors. Because they'll charge... They're only charging
    Philippines as competitors. Because they'll charge... They're only charging

  • 06:33

    $500 a month. That's what they're asking for. And oftentimes... -And they do a
    $500 a month. That's what they're asking for. And oftentimes... -And they do a

  • 06:37

    great job. -Yeah, they're really talented. And oftentimes, we were
    great job. -Yeah, they're really talented. And oftentimes, we were

  • 06:40

    looking at some resumes earlier today and a lady was asking for $388
    looking at some resumes earlier today and a lady was asking for $388

  • 06:44

    a month. That's what she wanted for full time work. So
    a month. That's what she wanted for full time work. So

  • 06:48

    that's... That's your competition and they are very talented. So... Anyway, that's my
    that's... That's your competition and they are very talented. So... Anyway, that's my

  • 06:52

    challenge for you. Consider entrepreneurship and if you do
    challenge for you. Consider entrepreneurship and if you do

  • 06:56

    seriously have a desire to find out how you can hire people in the Philippines,
    seriously have a desire to find out how you can hire people in the Philippines,

  • 07:01

    we talked about this in another video and I demonstrated the tool that I use.
    we talked about this in another video and I demonstrated the tool that I use.

  • 07:04

    it's called virtualassistanttool.com. It shows
    it's called virtualassistanttool.com. It shows

  • 07:08

    like that jobs.com. But it's for Filipinos that want to work for american
    like that jobs.com. But it's for Filipinos that want to work for american

  • 07:13

    bosses. -And there's a lot of them. -Yeah. -We hear... The filters, there's a thousand or
    bosses. -And there's a lot of them. -Yeah. -We hear... The filters, there's a thousand or

  • 07:18

    more. -I mean, well... We filtered it for people that consider themselves experts
    more. -I mean, well... We filtered it for people that consider themselves experts

  • 07:21

    at YouTube, we filtered it for like people that have updated their profile
    at YouTube, we filtered it for like people that have updated their profile

  • 07:26

    in the last month. We really narrowed it down and you still have... We still have a
    in the last month. We really narrowed it down and you still have... We still have a

  • 07:29

    whole bunch. So, virtualassistanttool.com. So hopefully, you found this
    whole bunch. So, virtualassistanttool.com. So hopefully, you found this

  • 07:33

    video helpful. I always share my opinion and my bias of
    video helpful. I always share my opinion and my bias of

  • 07:37

    things. -You sure do. -But if you agree with it, if
    things. -You sure do. -But if you agree with it, if

  • 07:40

    you like it then subscribe. And if you don't, just leave a comment because it'll
    you like it then subscribe. And if you don't, just leave a comment because it'll

  • 07:45

    still help me out but then you don't have to subscribe and never hear from me
    still help me out but then you don't have to subscribe and never hear from me

  • 07:47

    again.
    again.

All phrase
how much
//

phrase

what amount or price.

How Much Do Video Editors Make?

38,209 views

Video Language:

  • English

Caption Language:

  • English (en)

Accent:

  • English (US)

Speech Time:

94%
  • 7:35 / 8:01

Speech Rate:

  • 199 wpm - Fast

Category:

  • Education

Intro:

Alright. So we're making this video on the topic of, "How much do video editors
make?" I know a lot about that. I have a whole team of video editors. But the
answer is probably not what you expect and it's probably not what you want to
hear. So... But stay tuned. It's important.. Okay. So, the reason that I introduced it that way... Think you're proposing that
it's not what you're going to want to hear is because I'm guessing that you're
thinking about doing a career in video editing. Or maybe you enjoy video editing
and you're wanting to get hired for it. Okay? So, you can make actually some
really good money, video editing. But there is some maybe bad news to
you being a video editor and making a fortune. Okay? -Okay, well what is it? -When I have
offered my services for video editing, I'd do a lot of video editing for myself.
But when I say, "Hey, I have a video editing service." I started charging. My
starting rate was $50 an hour. If you start $50 an hour, you can make a pretty
good living. 160 hours a week. -Maybe if you're a single guy. -Do you
remember when I had my laptop up the cat coders and I said, "He remember that
number"? What was that number? -8,000. -You can make $8,000 a month if you charge
$50 an hour and you work 160 hours a month. -That's pretty good for...
Yeah. -So, that's... That's almost a 6-figure income. Alright. So... -If you're
working every day. Day in, day out. But I mean if it's just you doing that in your
own... As your own business, most people don't work 40 hour work weeks. -If you're

Video Vocabulary

/ˈôfər/

verb

present for someone to accept or reject.

/rəˈmembər/

verb

have in or be able to bring to one's mind awareness of.

/ˈak(t)SH(o͞o)əlē/

adverb

Used to add new (often different) information.

/ˌintrəˈd(y)o͞os/

verb

To make someone known to another by name.

/ɡet/

verb

To begin to feel or understand an emotion or idea.

/ɡes/

verb

To give an answer without knowing if it is correct.

/ˈwän(t)iNG/

adjective verb

lacking in required or necessary quality. To desire or wish for something; hope for a thing.

/prəˈpōz/

verb

put forward plan for consideration.

/bēˈkəz/

conjunction

For a reason.

/stärt/

verb

To turn something on.

/stärt/

verb

To turn something on.

/ˈTHiNGkiNG/

adjective noun verb

using thought or rational judgement. process of considering or reasoning about something. To have an idea, opinion or belief about something.

/ˈsərvəs/

noun other verb

action of helping or doing work for someone. Maintenance of machineries so it runs well, e.g. cars. To help or do work for someone, e.g. in a store.

/ˈpräbəblē/

adverb

That is likely to happen or be true.

/ˈwərkiNG/

adjective noun verb

Doing your job. action of doing work. To make an effort to do something.