A short episode on parenting, wealth and the future. Shay Carl was a manual laborer when he started his YouTube channel. Now at over 2.3 billion views. Confounded Maker Studios that he sold to Disney for over a billion dollars.
- If you started from scratch, would you still be able to make a business on YouTube?
- Likely not, because he was ahead of the curve by being on YouTube early.
- Preparation meets opportunity.
- You can make money on YouTube – but it is oversaturated and it’s hard to stick out.
- Advertisers can’t sell daily vlogging.
- There are daily vlogging opportunities in specific fields & trades. In the untold stories. Loggers, deep sea fisherman, etc.
- What’s different about your life? What is your unique experience?
- There’s still room to build a unique audience in daily vlogging.
- Vlogging can help you be more self reflecting.
- Nurture your relationship and balance it with your art.
- Trying to make a living by monetizing videos is very difficult.
- Advertisers want to see engagement, not just views as a metric.
- YouTube started as an escape, not a way to earn income.
- Eventually, he wanted to not go to work, to stop being controlled by his wages.
- Money makes you more of who you already are.
- Doubt doesn’t go away.
- Many of our struggles come from our upbringing – self doubt, fear, inferiority.
- Clichés can be true. If you failed, start over. Fail again, keep going.
Buy Tim Ferriss’ latest book, Tools of Titans.
Also published on Medium.
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