Do you dream of becoming the next MrBeast? While earning $54 million like him (in 2021) might be far-fetched at first, building a profitable YouTube channel is absolutely achievable with consistency and the right strategy.
Overview
YouTube provides multiple ways to monetize your content. This guide breaks down everything you need to know about how to start making money on YouTube.
Step 1: Join the YouTube Partner Program (YPP)
YouTube shares ad revenue with creators through its Partner Program.
To qualify, you need:
- A minimum of 1,000 subscribers
- At least 4,000 watch hours in the last 12 months
- Live in an eligible country
- A linked Google AdSense account
- Content that complies with YouTube’s advertising guidelines
Once eligible, apply via the “Monetization” tab in your YouTube Studio.
Monetization Features Available Through YPP:
- Ads
- Super Chat
- Super Thanks
- Channel Memberships
How Much Money Can You Make on YouTube?
- YouTube pays approximately $18 per 1,000 ad views
- However, not every view counts—only ad views generate revenue
- Adblockers and skipped ads = no income
Payout Threshold:
- YouTube pays once you reach $100
- On average, you’ll earn around $4 per 1,000 views
- That means you need 25,000 views to cash out
Step 2: Use Super Chat, Super Thanks & Channel Memberships
These tools allow you to earn directly from your audience.
Super Chat
- Viewers tip you during live streams
- A “$” icon appears in the chat
Super Thanks
- Available after live streams
- A “Thanks” button allows viewers to tip you anytime
Channel Memberships
- Offer exclusive content to paying subscribers
- Set tiers (e.g., $5, $15, $20) with added perks at each level
Step 3: Sell Affiliate Products
A great way for beginners to monetize early.
Example:
- Add links to products you use in your videos (e.g., Amazon gear)
- When viewers click and purchase, you earn a commission
Affiliate Platforms:
- Amazon Associates
- ClickBank
- ShareASale
Tip: Use CTAs (Calls to Action) in your videos—“Check the link in the description!”
Step 4: Land Sponsorship Deals
As your channel grows, brands will want to partner with you.
How Sponsorships Work:
- Brands pay you to feature or promote their products
- Can be a flat fee, commission, or free products
Examples:
- “BetterHelp,” “Athletic Greens,” or “Helix Sleep” often sponsor creators
- Tech channels like Unbox Therapy get free gadgets to review
Important:
- You MUST disclose sponsored content via Creator Studio > Advanced Settings
- Failure to do so can result in strikes or demonetization
Step 5: Launch Your Own Merch Line
Merch is a powerful income stream for creators.
Steps to Get Started:
- Use Print-on-Demand (POD) services like Bonfire
- Upload designs to products (t-shirts, mugs, hoodies)
- POD handles production, shipping, and payment
Bonus Idea:
- Sell online courses if you have niche knowledge (e.g., trading, design, etc.)
Final Thoughts
- Building a YouTube career takes time, consistency, and high-quality content
- While results aren’t instant, multiple income streams will help you succeed
- Stay committed, and with the right strategy, you might just be the next MrBeast
