In the era of online marketing, people are seemingly opting for fast money-making virtual jobs than an absolute 9-5 job. Talking about social media platforms, Youtube is one of the fastest money-making platforms, and many YouTubers are generating good income out of that. But still, the most debatable question for aspiring YouTubers is should you leave your job to become a full-time Youtuber?
This is something that always comes to mind when you think about starting your youtube channel. Quitting your job to become a full-time Youtuber is a big commitment, and before making that decision, you must be aware of all the big and small aspects of being a Youtuber and how to make money from youtube videos.
According to experts, Although Youtube is a great platform to make hefty of money online by creating and posting excellent content, you still need to hustle in the beginning to make your mark amongst millions with your content.
So, it is not advisable to quit your full-time job to experiment with your dream of becoming a Youtuber initially, as you might not end up well after few videos. If you want to make your career as a full-time Youtuber, you should start it part-time, and once your content starts getting recognized by a large audience with a good amount of revenue generation, you think about making it your full-time career option.
How Youtube Monetization Works?- Criteria to get paid on Youtube
If you are a Youtuber, you can make money between $0.01 to $0.03 per view with AdSense, depending upon various factors like:
- The number of views on your video
- The number of clicks received on an ad
- Ad quality
- Video length
On average, youtube pays $0.18 per view, so you can earn around $18 for 1,000 views and so on. To be eligible for the Youtube monetization eligibility, your channel must have:
- Minimum 1,000 subscribers
- Reach 4,000 valid public watch hours in the past 12 months
- Sign and agree to the terms and conditions
- Have an AdSense account
- Get reviewed and approved
Once your channel gets enables under Youtube Partner Program for monetization, your account balance needs to reach at atleast $100 to get paid by Youtube.
(See also: Increase Youtube Watch-hours and Subscribers)
Under what circumstances should one leave his job to become a full-time Youtuber?
Quitting your job to become a full-time Youtuber is correct when you reach up to some level and start generating atleast some revenue from your videos. If you are at the initial level, you should start creating content part-time and under the following circumstances, only think about quitting your job to pursue as a Youtuber full-time:
- When you reach a stable subscriber base count- Your subscribers are your true community that shares and likes your videos to increase your video views. Unless you have a good amount of subscriber base, don’t opt for Youtuber as full-time.
- Start Generating Decent Revenue through your videos– Leaving your job is only logical when you earn a good amount of revenue through Adsense, sponsorship, and other ways on your youtube videos. Before that, try to build quality content part-time and wait for the right time.
- Your Channel has great engagement- Having an excellent engagement on your youtube channel and videos is crucial to make good money from youtube. When your channel starts getting good engagement, likes & comments on every content you create, you can think about pursuing it full-time as you have to make more content frequently to maintain that engagement.
Initial Struggles you can face as a full-time Youtuber
Success doesn’t come easily and early for all. Even if you decide to become a full-time Youtuber just like many other, you have to be ready to face initial struggles like:
- Low or Zero Revenue: As we have mentioned above, your channel must be eligible under the youtube partner program to get monetized, and that is not possible initially. Initially, you have to invest in resources like a good-quality camera or mic to create high-quality content but end up generating less or zero revenue as your channel doesn’t have the required subscriber count or watch time.
- Fewer Views and Likes on your content: Sometimes, the content takes time to get viral or generate high engagement. You might end up getting very few likes or views on your videos initially due to fewer subscribers on your channel. But with consistency, it will increase for sure.
- More efforts, fewer results: Initially, you have to create a lot of content to test your audience and bring engagement. Not every video will get a good response, and you have to initially put in lots of effort to build a great portfolio on your channel.
Success Rate of People who have left their job to become a full-time Youtuber
Like every other platform, youtube is also full of competition with some popular creators like Pewdiepie, Mr. Beast, Dude Perfect, etc. are giving tough competition to other channels to generate revenue. According to Bloomberg’s latest report, only 3% of most-viewed youtube channels draw an excellent income than the rest 97%, which means a meager success rate.
So, before quitting your job to become a full-time Youtuber, analyze all the aspects and only pursue it full-time when you are entirely ready for it.