I really appreciate your income transparency. My financial manager has helped me to develop a plan that is designed to fit my needs and maximise my finances. With her support and guidance, I have been able to make smart and prudent choices when it comes to my money. Thank you Mrs. Maya Payson.
It seems Maya Payson must be a highly skilled professional, given the amount of positive feedback she receives. Interestingly, she also manages the investments of one of my colleagues. I'm impressed that you are aware of her as well.
Yes charlotte she's very good, straightforward and one of the best so far. People who don't know her or those that haven't invested with her. would say otherwise but the honest truth is that she has helped more people than i can count and that has to stand for something.
Love the transparency around income streams for creators! It really is helpful for small creators looking to grow (or anyone in general!) Thanks so much for sharing 😊
I‘m really interested in what you end up “taking home”. Like after expenses and taxes, it’s really hard to get a clear picture with just the income streams.
It's all digital, so what do you think her overhead must be lol. No office rent, no employees, no warehouse, no product stock. She deducts her macbook, phone, web hosting, and not much else.
@@mirell5785 Excellent point, Mirell While everyone's side hustle will vary, you're absolutely right - her costs probably are minimal. I immediately thought of my own person situation where gross vs net vary wildly. Excellent and super informative video nonetheless!
Thank you, Katie! I admit I watch other content creators for their ideas and tips, but when I need clarity, someone to fill in my knowledge gaps, I return to your channel. Thank you for your transparency.
Ohhhh I’ve been trying to come up with some way to start an email list because you and others all say to start one asap. Your “big brain move” is it!!! A catalog of my fave power tools/supplies with Amazon affiliate links (diy channel)… instead of just having links in vid description. Thank you!!!!!
I will be forever grateful to you, you changed my entire life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Veronica Hoy.
Hoy's expertise in customizing investment portfolios based on changing market conditions and personal risk profiles is exceptional. It's not a one-size-fits-all approach, which is crucial in crypto investing.
This is perfection! Thank you so much for the transparency with your multiple income streams. I had no idea that the income as a content creator wasn't a steady flow of finances from week to week. So this was very helpful. I have 2 questions: 1. Do you have a strategy for finding affiliates in my particular niche, plus a process on which ones you choose to recommend to your audience? And, 2. can you please make a video on newsletters. I have no idea what to include in a newsletter. Is it like a blog and how is it different to what you are putting out on your social media platforms? Thank you for all you in the community.
PLEASE READ: Darling thank you for your transparency. I’m 62 and want to start my RU-vid channel instead of retiring. I have a partner that is negative about this. He says it’s just a bunch of people selling. I’m an out going exciting person. I think your incredible and I want your opinion on what program I should start with all I have is my iPhone I have and iPad and a dying iMac lol. I want to do this and am very excited ❤ plus I have to show the partner what I want to do will is going to be a success
I too am planning to do this in retirement which is in 4 years and I’ve been spending the last 2 years preparing and learning. I wish you all the luck in the world but your partner’s opinion won’t stop you if you’re serious. If you aren’t using google and RU-vid to go research these answers for yourself, then you’re not going to make it Darling. You have to be able and willing to put in the work yourself.
@@hfortenberry oh I already have my outside office- out of the home and have done several you tube videos years ago. I had to stop to take care of my mom so I sold my camera. I have taken courses and am more than ready to go. Now that I just rented this office outside of the house I’m not worried about what my partner thinks. I’m in my own space now, in my little world. I will be starting with my iPhone I have my lights / my phone tripod came in yesterday. Thank you for your comment and good luck to you 👍🏼
Thank you for sharing this! I’d love to know how you structure your business. Do you have separate bank accounts and LLCs for each of your income streams?
💙 how do you go about your taxes? Do you print off your income report from Google Adsense and just hand that over to your accountant, plus business expense receipts?
As always, such a helpful video! It sparked some thoughts for me on what directions we can go for income streams VS assuming we just need to get to the brand deal stage. Love the transparency - thank you!
Revenue/income is the money you bring in from sales of your products and services. Profit is what you keep after paying all your expenses (e.g. payroll or contract workers fees, subscriptions - website, Canva, software, etc. - rent, utilities, taxes, insurance, etc.).
I really appreciate your income transparency!! As someone who's just getting started on RU-vid with a goal of getting monetized and in the future working with brands, this was super helpful to get an insight into your different income streams and see how much you're making - super inspiring!! ✨
I’ve watched HUNDREDS of these kind of videos - offering help to new content creators! Your channel is hands down the best thank you ❤ when is the membership coming?😊
Wow - I've been watching your channel for a couple years and the fact you're seeing so much success is inspiring! Congratulations! and thank you so much for sharing!
Congrats on your growth! Just out of curiosity, I’d like to see how you plan to hit your 500K/month views goal. I’d also like to see the breakdown of your team and what projects/products they work on.
THIS is what I've been looking for. I have been fully self employed for the last 12 years, and developing income streams is something I've been doing since 2000. Developing MORE income streams is what I want to work on this year, and then teach others to do the same. Can't wait to hear what you have to say about it!
Hi, Katie! Great video. Thanks so much. Question: I was under the impression that Amazon Affiliate links cannot be added to pdfs and are more so for blog posts, RU-vid videos, etc., where everything is public? Is this true?
there's no reason why you can't add them to pdfs - as long as you include a disclosure :) as with anywhere you post your links you need to disclose that they are affiliate links but otherwise, there's no reason you can't put them in a pdf
How does Adsense work with RU-vid Premium viewers? As a Premium subscriber, I don’t get ads, so I’m curious how my view is represented, both in the statistics and the income.
As a creator you can see how much of your revenue came from Premium viewers 😀 Looks like more people are investing in Premium because I feel like YT are PACKING in the ads haha!
I am curious to learn more about how you went about making your gear guide "magazine", did you use any specific websites or programs? Thanks for your transparency and authenticity!
love this!! so adsense: I know every industry is different but I feel like my industry is somewhat similar to yours and my CPM is $5. I recently got monetized a couple months ago and have been shocked at how low it is compared to others in my industry and similar industries! do you know if that has the potential to change or if something is missing in my content to help give it a boost? :) Thank youuu!
Thank you so much for the transparency, this is so helpful. I've known what I want to be doing for so long but kept feeling discouraged trying to navigate the how.
Really lovely video! Thanks so much for the transparency behind it! I am watching your videos to get information and ideas and all I want to create for myself is an income of 3k a month and my life would be on another level. Yet you made this much... Mind blowing really! Keep it up! I love your content. Also. It is 3k doable per month? Lol I guess so.
I’d love to hear about how you run Creatorly Media if you would explain how you operate it as a business model? Thank you. Love your videos and your getting started with the tech list and really helped me
Congratulations on all your achievements, you deserve all these and so proud of you. Thank you for the inspiration and I’m counting the days til I can join your membership! Any idea when you are launching it?
Hi Katie!! how do you avoid overheating? I'm trying start a RU-vid channel this year so I have been making videos to get comfortable with it: however, my camera is over heating. I am using the Sony ZV-E10 and I have the plug adapter to replace the battery and still overheating. Please advise. thank you
I don't know if this is the solution but you might try not recording on the memory card and instead using a video capture card like Elegato CamLink or Rode Streamer X. These devices send the video stream to your computer to record through something like OBS or Streamyard. Hope it helps!
@@user-eu1bo7fi7e There are prob cheaper options, those are the ones I've looked at because they have 4k but if you just need 1080, could prob find some cheaper ones
I am a new RU-vidr, just started creating my own content after I was doing it for others, I found your video very helpful. I think that raising your profits even though your views were not increased so much, shows that you have a committed audience who trusts you and buys the products you are suggesting. This is a big success for me. Would love to see a video about how you charge someone who is asking for cooperation with you. 🙏
This video is freaking amazing- and inspiring. I have a different channel that is similar to yours and you talking about your business numbers inspiring me to work a little smarter so that I could also possibly see similar successes.
that is so weird! this has been happening to me a lot lately - and it seems to be an issue with uploading because my original file is fine 🤔 i don't know why youtube is doing me dirty like this lately 😅
@@katie I feel like RU-vid is def throwing shade. It won't even upload an entire 4k video on my end. At first I was like "MY INTERNET?!" 😅 but the video doesn't lose anything because of it. 💎
So Katie when it comes to email lists/subscriptions, are you making money from them because they're prompting ppl to view your video links or product links to buy something? Have you done a detailed video on this already?
Question... I get these Chinese companies reaching out. Seems like they want to just send a product to me.. and I'm not even sure they are reputable..... I've been ignoring them... am I wrong?
Well, you really got me hooked. I think you're incredible thank you for sharing and I'm ready to get started and do what you do I am retired I'm 65 and lots of Assessments in My Condo building in Florida and really need to go back to work and I didn't go to college on self-starter so I'd love to follow your lead
Hey Katie! Love this video!! I am definitely looking into starting a YT channel or an Instagram. I would love to know or a video on how you deal with taxes like filing a 1099 and/or anything under anything with taxes. Bc if I want to become a content creator, the one thing that is holding me back is taxes/IRS... They are very scary!!
