Youtube Vlogging as a Career over Investment Banking?
What do you think? It needs very less investments, the career at the start is pretty slow and one makes no money for over a year, but after 3-4 years, it will make money on its own. 2 videos a week, part-time income goes, less than 10 hrs of work.
You can work in McDonald's by the time you grow your channel.
No need college, no need high level of intelligence, no need of +100 hrs of work and no high chance of risk. +you get famous.
What do you think?
I don't want to work at McDonalds while I wait for my videos to potentially become successful.
ain't a thing wrong with it
There's quite a few people doing this.
Most don't make money on advertising anymore, they rely on Paypal and Pateron.
If you can find a niche, make quality videos (audio is very important), and build a following, you can do pretty well for yourself. I personally know 2 people who do it full time.
But like you said, it takes time. Also, 2 quality videos a week will take you a little bit more than 10 hours of work per week.
If you do it, good luck.
Thank you! :)
Just curious - the 2 people you know doing this - how much are they roughly making? (ballpark)
One of them is making around $25k per year right now. He just hit over 20k subscribers (Which is not a lot). About 85% is from Patreon. He's been at it for about 8 months. He quit his full time job about 5 months ago.
The other I'm not sure. He doesn't have his info public. Nor have I asked him.
If you have enough followers and viewers you can make a lot. A cousin of mine does video game reviews, has > 1 million followers and makes $400,000. oh and he's only 18!!! So you can definitely make a lot.
There's also the fact that the fidget spinner videos you make will be popular for the rest of your life
LOL
You tube "sex" sells that's a quick way to get a bang for your buck @jenysmith.net
@everythumbnail
The chance of becoming viral or famous is slim. Moreover even if u do become famous for a while, most youtube careers are short lived. The chance of you turning youtube into a life long sustainable income/career like Casey Neistat is even slimmer. But if it does happen, good for you!
I would think IB is considerably less risk than trying to make it big on youtube. If you really think it will only take you 10 hours a week to produce quality content why don't you do it while in school?
we'll get fired for any small mistake, and its a very rigourus work. but you're right. point taken.
You don't get fired in IB for any small mistake...
To hit both - you can vlog how you make a 100+ page pitchbook : ) That surely will attract attention from millions of followers (plus compliance and SEC)
Dollar Keeps Raining YT and IBD It's Everyday BROOOOOOOOOOOOOOO!!!!
What's the end-game though? At some point you run out of copyright free trap music.
Laughed too hard at this
Yeah just be the next H3H3
VAPE NAYSH
Love H3H3 simply because they show us what's exactly wrong with Youtube Content Creators these days. Also love Filthy Frank for his politically incorrect videos and antics that make you gag on your drink.
Vape Naysh'yall
Hugh Mungus?
I would start YouTube slowly. It takes some time for word of mouth to spread about your content being good. Treat it as a side hustle until your subscriber base grows enough to justify doing it full time.
great. ofcouse one can't go full time until one reaches +500 k subs or more.
The risks are very high, as in there is no guarantee for fame, and the rewards are low. There are a lot of statistics for the compensation per view on the internet. Besides, adblock is killing ad revenue. I guess getting into banking is also pretty slim, but once you are in, and don't mess up, the rewards can be pretty good.
I see, but it can count as an extra curricular activity and you're more likely to be hired. plus, you can advertise the contents in your video channel itself, so even if adblock is there, people will pay to promote or review products.
If and only if that vlogger has a following. As for that extra curricular activity, I struggle to see how anyone can put that on their resume for banking or consulting.
Don't put making youtube videos on a resume. The vast majority of people wouldn't take that seriously
I think most people who find success on the platform don't think of it as a career, just as a side hustle, until they find large-scale success. I would love to do it for a living, mainly in the travel blogging niche, but it's absolutely riskier than working in banking, I've run a channel for the last year, where I just post videos on my college campus and different trips that I have taken with friends, and I have about 10,000 subscribers. It has taken a lot of work to get there, and the fame doesn't just come overnight. At least for my strategy, it's all about meaningful and consistent growth over time. I just see it as a hobby, and I kind of feel like starting a channel with the sole intention of getting big and doing it as a career is a losing strategy. People don't pick up a camera and say, "Alright, I'm going to do everything I can to become a rich, successful filmmaker." Most people have a genuine passion in video making, editing, and creative pursuits, and would do it regardless of whether or not they're making banker money.
i see, what channel is yours? you can PM me. thanks! :)
Nowadays, both jobs are LAME and MAINSTREAM. Start your own SEX DUNGEON, it's a LUCRATIVE and REWARDING career.
The whole Youtube thing is great and all if you start slowly, but do realize that the market has been fully saturated for quite a while. This means overall Youtube's audience will not increase but stabilize or even decline as the popularity goes away. Make sure you have a back up plan if you do Youtube full time (i.e. real estate or side business).
Lol, they said youtube was saturated five years back, and now what?
As more people in developing countries move online, more people are going to watch more Youtube videos.
I never said Youtube was saturated five years ago. I'm just saying the market will reach its peak fairly soon in the future, or even have peaked with all the big sponsor pulling out due to bad Youtube monetization policies. As I stated, it is not wise to not have all your eggs in one basket. You also just proved my point with your other comment in this thread below. Youtube creators obviously have a hard time with making a living with ad revenues and are resorting to patron and other similar services. Once a worthy competitor of Youtube comes into play, Youtube will either fall or will step its game to prevent big personalities from leaving its ecosystem. Only time will tell.
Completely agree. YouTube has really started to compete against tv. Now with their cable subscription service they can really offer something that beats the hell out of AT&T. As a content creator it is very difficult to get big without pumping out a ton of quality or eye-catching videos and I think it's necessary to have a few streams of income like twitch or patreon.
PewDiePie and H3H3 have already voiced concerns about how difficult it has become for youtubers to make money these days. Established guys such as PewDiePie (gamer), Casey Neistat (family vlogger/hobbyist) and H3H3 (satire) are facing stiff competition from shit channels such as RyanToysReview (kid reviewing toys), Logan Paul Vlogs (guy vlogging while having seizures) and Jessica Nigri (boobs and ass cosplay). Not to mention YT squeezing out content creators with new rules and reduced comp - I wonder how channels such as FilthyFrank and PewDiePie make any money on their slang-ridden videos.
All-in-all, Youtube will soon become a failing medium for most people as platforms such as Patreon, Twitch (owned by Amazon) and Amazon Video cater to an increasing number of streamers and creators. On the other hand, Youtube is being increasingly populated by mainstream media and Viners. Not to mention Prank Invasion (check this dude out - NSFW)!
IT'S EVERYDAY BROOOOOOO!!!!
My kids watch Logan Paul and random British dudes playing minecraft. Plus that EvanTube kid who reviews toys- I agree this will pass as a viable (if rare) moneymaker but those lucky bastards had good timing
Hmmm, you have point. but i have seen some indian youtubers who has gotten massive popularity quickly, simply cause they have indian following. more and more indian will have access to internet, and if i manage to get that target audience, i'll go high quick. no need for money, fame alone will pay for it. can promote paid products. and if i have a massive following, i can have strong extra curricular activity.
If I'm not mistaken, YT money is lower in developing markets than in developed markets. It's directly related to the amount of advertising spend in each of the countries. So no, you won't make $2 per 1k views.
Just being Indian isn't enough to attract an audience, people still want funny/interesting/educational content
You don't even need to spend those 10 hours a week for quality content; haven't you watched Jess Greenberg?
http://news.efinancialcareers.com/uk-en/247299/jess-greenberg-goldman-s…
Tits and guitar. She's now doing "Investor Relations" at Winton.
no offence, but i bet she will be singing in MD's & VC's "microphone" all day to get promotion.
well,
Dom Mazzetti pushes all sorts of product on his channel, including t-shirts, supplements, books, etc. I'm curious what he makes. Just saw he started a pilot for an actual tv show the other day.
Then there is ShoeNice. You could down 750MLs of hard alcohol on camera and see where it gets you. Eat some glue, crayons, etc...
The Youtubers that are going to become really profitable out of it are the ones that grow into other digital media platforms and partner with larger studios and networks. It's basically already happening.
The fact you asked this question is sad. Really? Are you still going to be a vlogger when you are 30, 40, 50?
Youtube isn't a career
Casey Neistat and CinnamonToastKen to prove a point. But yeah, their views have been decreasing like crazy ever since they became dads and husbands.
YT is something they do for fun, and to grow their brand. For instance, PewDiePie, Jacksepticeye and Markiplier have invested most of their savings into real estate, while also building their personal brand and selling merchandise. Neistat invested into Beme, a blackhole that was swallowed up by CNN (Sad!). Tai Lopez, well Tai Lopez.
That being said, the ones I'm fans of (PDP, Jack, Mark, H3H3, CTK) do it mostly for fun and as an opportunity to connect with each other and hate on other folks. If vloggers can translate this into meaningful acting careers, good for them, but I'm yet to see a vlogger who isn't fatigued by vlogging, or who hasn't made into the big screen in a blockbuster movie.
Vlogging is more like a passion. If you want to pursue Investment banking you can create your vlogging channel on the Same.
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