I always wanted to create a youtube channel >In 2023 I decided today is the day >set timer to 1 minute >decided chess will be my niche, just a gut feeling >chose a channel name in 8 seconds >profile picture in maybe 1 minute >instantly started working on videos By the end of that same year I made $22k (profit) in a single month and my life was never the same One small choice made a big difference

Woman asking: unemployed Dude asking: digital business Anyone over 30 asking: chess teacher

As an EU citizen and digital business owner who left last year This is a good step to get people back Moving to different EU countries will become much easier, meaning tax incentives will work well The moment croatia or italy or spain introduces tax incentives, thousands of entrepreneurs will move because you don't have to close and open a company, just update the address EU states will be forced to stay competitive with their tax, else everyone is leaving because of hyper flexibility We see the same in Switzerland and USA Not just about taxes If one EU country fucks up politically, everyone leaves Just like people move to Texas when their home state fucks up Remove all exit taxes inside EU, make it easy to move around within EU, maybe introduce EU-wide corporate tax for EU inc. (replacing national corp tax with low rates up to 1M€ annual profit) and only allow each nation to tax the salary and dividend payouts of their residents, not the corp profits, so you can leave the money inside your EU inc. or EU holding without triggering the national income taxes and capital gains taxes This might even lead to a situation where people never leave for taxes. Personally, if I could pay low corporate tax and compound my wealth inside the company, and only pay national income tax capital gains tax on personal payouts, I would not give a shit about the national tax rate at all Just pay out 4k a month and compound the rest inside the company If they do this, they will see billions of dollars and thousands of entrepreneurs coming back home

And you can literally start today Pick a niche Pick a name and profile picture (5 minutes max) Start ideating by writing down ideas and looking at competitors

I can literally not think of a better business model for beginners than social media }You can start posting for free }You learn how to get and retain attention }You learn marketing by promoting your affiliate offer or own offer I'd much rather learn business this way, than go to business school If you can't make money by posting content and making people buy something, chances are any other business like SaaS or ecom would've also failed If you take business and reduce it to it's most fundamental basics, you get }How many people see my offer }What percentage buys }How much profit am I making per customer YouTube promoting an offer will teach you how to max out all these numbers Ideally educational content promoting affiliate or infoproduct (easy to deliver) That's why I started my channel 3 years ago, people laugh at "being a YouTuber" as a business but it's a great business to learn business, and some even make billions I doubt I would've had my first $10k month in the first year if I had started a fucking SaaS company

One of the reasons why YouTube is op This applies to any organic brand Since you have the audience, you can easily enter any type of business you want, without the painful work You can partner up with people who do the software, ecom, service stuff etc in the background You just keep doing what you do, make good videos and get views You can sell info by yourself because it's basically just content creation with a paywall on 1-3% of your content Or partner up with others who handle the heavy lifting of software etc if you want to enter a new market Just don't lose your focus, content creation is the main thing

Yes 👇🏻

Btw when you hear consistency is the key It doesn't mean something like daily 12pm uploads or weekly or whatever It means putting in the same minimum effort every day The misconception about mass uploads is hilarious to me There are people growing to 10M subs in 2 years with weekly uploads and you think 5 per day are necessary

Produce more mp4 files and upload them to social media platforms

A lot of creators are now integrating sponsors into the video like it's part of the content They try to build a bridge and make it look authentic Tbh, I think over time this will hurt your brand more Viewers don't have a problem with a clear cut like hey this is my sponsor blablabla, back to the video Worst case they skip this segment, whatever But if you keep trying to make the sponsor look like part of the content, they lose their trust in you It just feels deceiving when you talk for 15 seconds and then they realize the last 15 seconds were just a bridge to the paid sponsor and you didn't know it For example I listened to a podcast about CEOs and the guy started talking about how important storytelling is At first I thought uhm okay that's a bit random and out of context He explained how the CEO of this episode uses storytelling to sell his product I was confused but okay Then he drops his sponsor, some storytelling website Dude? So the past 30 seconds were an undisclosed ad (or preparing for this ad) Now I listen to this podcast with paid ad ptsd constantly questioning if he's being authentic and saying what he really believes, or preparing a paid ad You need a clear cut between authentic real content and paid promos ESPECIALLY as a creator Whenever you promote something for money (even your own offer), be upfront about it It's much better to have a lower conversion rate on this one promo and keeping the good will of your audience Than to boost conversion by a few % but damaging your brand long term Didn't proof read for spelling sry

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Watched brokie YT with ads in my hotel and wow EVERY single ad was very clearly AI I'm telling you every single ad was a very bad AI generated interview about a training program or similar "Gym doesn't work above 50 years old. You need Thai Chi for 9 minutes per day and your body will change in 2 weeks." type of ads AI awareness in average users above 30 is practically 0

I will be posting an article in a few days and you have to trust me that it's not slop I spent hours writing this, it's genuinely good and I'm not even eligible for the $1M award (not US) so I'm not part of that incentivized engagement slop army

You can also rent cars, send items from A to B, get flu vaccines and send money to friends Most expats also have a gym and pool in their tower In Germany you wait for 2 weeks for any building maintenance service In Dubai you wait for 2 hours This city is unmatched for productivity

I can not believe I missed this Elon Musk episode This is so fucking good, I already know I will listen to it 100 times

I'm 100% sure that @Clavicular0 will have a similar trajectory to Andrew Tate People watch a few clips and say this guy is nuts After seeing more clips they will say he's nuts but hilarious Next they will say he's mostly stupid but correct on a few things And within a year 20-50% of people will say that he's right on almost everything and you have to watch his full videos to understand While the other 50-80% hate him He will shape culture like Tate did We'll see more of this archetype but you can't copy the last one who popped off (Tate, Fuentes, Clavicular) You have to start an original movement They all originate from an obscure niche that was seen as completely insane

I feel like an artist who is forced to run a business lmao

Correlation ≠ causation

I remember taking a walk and asking myself the most important question of my life so far What do I actually want? I realized, if I'm being honest, I want to become a millionaire in my early 20s To me it wasn't so much "which route is easier" or "safer", it was a binary question Can I become a millionaire by 25, yes or no Law school: 0% chance YouTube: not 0% I understand that if we force 100,000 people to become lawyers, and 100,000 people to become YouTubers, most lawyers would likely outearn most YouTubers The lawyers' incomes would be MUCH more consistent, predictable and safe YouTube isn't easy. I'm a fairly smart guy and I had to completely obsess for a year to get to my first 10k/m (3 years ago) But getting a 6 figure job in one year through law school is straight up impossible. Practically 0%. So, ask yourself what you want from life. For 90% of people, getting a likely 6 figure job through degrees and corporate career is more suitable It's all trade offs You can't have it all Start it as a side project, don't drop out or quit immediately. You can even make content about your job or studies. Looking back I should've just made educational content about law school. Honestly that would've been way smarter. But if I had continued doing law school and nothing else, I would be miserable now Also, I saw YouTube as an entry path to entrepreneurship in general. I figured that I'll learn marketing and how to manage employees. Can use these skills for all future businesses.