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Is setting up a business around YouTube/social media still viable?
- This topic has 3 replies, 4 voices, and was last updated 2 years, 9 months ago by
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I know that a lot of people are earning money from posting videos on YouTube or social media sites but it is still viable for someone who is just starting? How much time can it take to setup such a business and earn money from it?
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Despite the volume of interest in making money from YouTube and other social media sites, I am confident there is still a lot of money to be made.
The challenge for many is their chosen niche and customer segment. If you have got a product or service that is in demand and that attracts followership that’s it. Use the case of Taaomaa in Nigeria or KSI in the UK. As soon as they could grow an audience, the rest is history.
Starting and consistency are vital for success plus getting sound advice.
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Some nice insights shared by Daniel. As long as you are passionate about something that people are searching, you can make money from youtube. You just need to think out of the box and offer something unique.
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I have a couple of friends who had started their Youtube channel during Covid-19 lockdown and they are already having success in their niche. You can surely go for it but you need to persevere and market your channel well. Use friends/family to spread the word. Interact with your viewers and use giveaways to gain more subscribers for your channel.
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