Every year, the first thing we do is talk about what we want for the coming year. We love to make New Year resolutions!! We talk about what want to do and accomplish. We have all these grand ideas in January. The start of a new year is like a clean whiteboard that allows us to start from scratch and make new drawings on the board, a representation for our life.
But what happens to all these ideas down the year? Often, they are either forgotten or faded out in our minds. Come April or May, we become too sick or tired of the resolutions that were made a few months ago. By July or August, we may not even remember a word that was said in January. This seems to happen year after year. Need proof? Ask your friends, your schoolmates, your colleagues, your family, or even yourself.
Fortunately, for you, this does not have to happen again. You will set better goals for yourself and find the energy to work towards them as if every month is January again. (more…)
A good friend of mine recently complained that it was difficult for her to get her money back from friends. She had paid for a summer trip in the Hampton and she had to remind her friends many times for the money, and yet they haven’t paid her back. Let’s call my friend, Yvonne.
Yvonne wanted to ask for her money back, but she didn’t know how to do so. She did not want to be rude nor want they to think that she was mean. She decided to write an email reminding them of the amounts they owed her.
A young man’s car was towed and had to go to the professional parking services to retrieve his car. He decided to pay the $88 bill in all pennies, 3 boxes full of them. His argument is that pennies are 100% pure legal tender for payment and it is the federal law to accept pennies. The cashier initially refused to accept them, but eventually the police was involved and told the cashier and company that they are legally obligated to accept the cash payment, even though it was all in pennies. In the end, the young man paid the bill with all the pennies and got this car back.
Quote: “Pennies are 100% pure legal tender.”
Food for thought: I have noticed that there are many stores and professional services that do not accept pennies, for example, the New York City MTA’s vendor machine. Are companies legally obligated to accept all forms of cash payment, including pennies?
Ever wonder how much money do the popular people on YouTube make? I do too. I want to know if it is possible to make a living off video blogging on YouTube.
YouTube has a traffic rank of #3 on Alexa (as of writing) with over 100 million video views per day. It is without a doubt that YouTube is the largest user-published video network out there. With that many traffic, it is only logical for people to think about making money from publishing videos.
YouTube allows users to reach audiences not only in their country but in all countries around the world. It allows you or anyone to make and publish music, movies, comedy sketches, etc. The opportunities are abundant and the possibilities are endless.
Traditionally, if you want to produce music, you would need to find a record company to sign you up. Today, with YouTube, you can cut off the middle-person. Simply create an account on YouTube and upload your music videos to the largest user-published video network and reach millions of people. The same story goes for movie makers, comedians, dancers, etc.
To figure out how much each person makes or is worth, I will use the the subscribers and channel views as indicators to calculate their earnings power and multiple the number of subscribers and channel views by a factor of 5 cents and 1 cent, respectively. Here is the hypothetical formula:
Annual Earnings Power = (# of Subscribers x $0.05) + (# of Channel Views x $.01)
Lisa Nova is famous for making comedy sketches and parodies. She is one of the first YouTube celebrities that I have clicked to subscribe. I remember that she started off with only a handful of videos. Now she has published over 100 videos and the list is growing! I would think that with her large audience base, she would be making the big bucks. However, that does not seem to be the case. In her recently published video, “LisaNova’s Non-Corporately Sponsored Holiday Contest!!!,” she mentions that although some YouTubers are making tons of money, she is not one of them. She is an independent entity as the title of her recent video suggests, and she supports people to make independent videos.
Annual Earnings Power = (148,989 Subscribers x $0.05) + (9,367,879 Channel Views x $.01) LisaNova’s Annual Earnings Power = $101,128
Kevin aka Kevjumba is famous for talking about his life as an Asian American and the stereotypes that he has to deal with. One of the famous videos he posted is a stare contest against Jessica Alba (to which she responded). Kevjumba’s channel is ranked #3 for the most subscribed channels of all times in the world.
Annual Earnings Power = (371,106 Subscribers x $0.05) + (12,001,138 Channel Views x $.01) Kevjumba’s Annual Earnings Power = $138,567
Joined: December 29, 2006
Last Sign In: 8 hours ago
Videos Watched: 2,321
Channel Views: 11,146,877
Miaarose is a singer and a song writer. She writes her own lyrics and publishes her music on YouTube. When I first saw her on YouTube, she only had a few videos. Now she has published 33 videos on YouTube.
Annual Earnings Power = (163,904 Subscribers x $0.05) + (11,146,877 Channel Views x $.01) Miaarose’s Annual Earnings Power = $119,664
Beat: Current Events
Channel Views: 749,185
Lori aka The Resident makes videos based on current events. Many of the recent videos relate to the presidential election and the economy. She goes out on the streets and interviews people to get their opinions as well.
Annual Earnings Power = (18,170 Subscribers x $0.05) + (749,185 Channel Views x $.01) Theresident Annual Earnings Power = $8,400 (seems a little low)
Christine aka HappySlip is known for making comedy videos. In her videos she also takes on multiple roles, playing not only as herself, but also as the mom, dad, uncle, aunt, friend, etc. This versatility in acting reminds me of actors like John Leguizamo and Mike Myers.
Annual Earnings Power = (248,219 Subscribers x $0.05) + (8,358,814 Channel Views x $.01) HappySlip’s Annual Earnings Power = $95,999
Amber Lee Ettinger aka Obama Girl is famous for her video titled, “I Got a Crush…On Obama,” which has more than 12 million hits. She also makes other videos related to politics.
Annual Earnings Power = (98,584 Subscribers x $0.05) + (5,016,618 Channel Views x $.01) Barelypolitical’s Annual Earnings Power = $55,095
Having traffic is the key to making money in YouTube. The more people viewing your videos, the more opportunities you will have to monetize on them. As you can see, the YouTube celebrities usually have high volume views in their channels.
The hypothetical formula is only a guess. It does not reflect the actual earnings of the YouTube people. Most people on YouTube do not discuss or comment on their earnings.
Do you publish videos and make money on YouTube? What type of videos and how much do you earn?
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