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How much do you think LeBron James is getting paid for playing basketball? How about Robert Downey Jr. for being Ironman? Well, A LOT—that’s what I would say.
One common denominator between these two guys is that they are in the entertainment industry. Sure, LeBron may be in sports, but people pay to see him play, so that still counts as entertainment, right?
People value entertainment, and that’s why a lot of money goes into that industry. Whether it’s sports, or TV, or movies, or video games, or even books—you just can’t deny the money that the entertainment industry makes. Just imagine what it would be like if you were on the side that receives money from it.
Thankfully, you can do that to. You don’t have to be a sports or movie star. You can start from media that can be accessible to the public. And while doing so, it can help you earn some money as well. here are some choices you can explore.
Run a YouTube Channel
Anyone has access to YouTube, and anyone can create their channels and upload their videos. If you have the knack for it, your YouTube videos could earn you thousands of dollars or even more! Ever heard of PewDiePie? His channel has earned him $15 million in the year 2016.
The money earned through YouTube primarily come from advertisements. Being one of the most visited sites on the world with more than 5 billion videos being watched on this website every day, it is a powerful tool for marketing. And businesses are investing a lot of money into making their products shown on YouTube videos.
Setting up your own YouTube channel is a lot like building a blog. But you’re just channeling your creativity into videos instead of articles. You will need to know what niche your videos will be about. As to the content, you can choose from a wide variety of possibilities. You can have comedic videos, vlogs, videogame recordings, etc.
There are other factors to building your audience as a YouTuber. Thumbnails and the video titles are a few of them. They need to catch attention and pique the Interest of anyone who would come across your videos at random.
Monetizing your videos can take some time as well. you need at least 1000 subscribers and 4000 view hours in the lest 12 months before you can monetize. But after that, money will just be flowing to your account as long as you continue making videos.
Podcasts are very prevalent right now whether it’s for entertainment or education, and there’s a good reason for that. With how fast-paced society is today, it’s one of the few things you can do to take in content on the go. People listen to podcasts while driving, or while commuting, or while going on with the everyday life. As a podcast creator, however, this can be a good platform to gain an audience and to make money.
Podcasts make money primarily through advertisements. Of course, that entails that you would have to build up your brand to your audience first before you can start making money out of it.
As with YouTube channels and blogs, podcasts would need to have a niche in order to be well-established. As the creator, you can capitalize on subject matter that you are passionate about, or things you have always loved.
As for the technicalities, you would have to have a decent audio recording equipment as well as an audio editor. Raw recordings are usually not on their finest, so be prepared to “clean” your recording using audio editing tools. But once the finished product is done, you can upload it on iTunes and SoundCloud and get promoted.
Marketing your podcasts is also a crucial part in making it grow. You can do it through a lot of ways such as social media, email, etc.
While they are fun things that you can do to make money online, these two methods we just discussed are no joke and can take a lot of time and effort before they can really make any money. So if you’re going to do it, be sure about it. Make it your passion, and it will just be a joy!