Then YouTube threw up a big middle finger to small channels with less than 1, subscribers, making it harder to make money. Get every secret I used to grow my YouTube channel from zero to 75, subscribers in less than 18 months! Click through and reserve your copy of Crushing YouTube before the price increases. It all started in when mojey complained about ads being shown on racist and low-quality videos. Protecting the money rather than its video creators, YouTube instituted a policy that channels would need 10, lifetime views before they could make money on ads embedded in the videos. Complaints kept coming in from advertisers of low-quality videos and questionable channels so YouTube drastically increased the requirements starting this year. Video creators now need 1, subscribers and at least 4, hours of watch time over a month period. Both of these are extremely high hurdles. Even YouTube channels with 1, subs are being kicked out of the program because of the 4,hour muxh. If the average watch time per video is around three minutes, you need a constant pragsle of videos and new views to hit thatminutes each year to stay in the program. Most bloggers start making money with Google Adsense monsy their blogs. I pulled out their views and ad income then noted the channel topic.
Money “Fixes Problems”
Expand your knowledge. Your time is valuable. Cut through the noise and dive deep on a specific topic with one of our curated content hubs. Interested in engaging with the team at G2? Check it out and get in touch! Home videos can be more than just a hobby — they can be a money-maker, for businesses and individuals alike. Of course, anyone can easily upload a video to YouTube. But not just anyone can make money off of it, or even, in some rare cases, make a living off of it. You need to consistently upload quality videos with content people find interesting, relatable and engaging. You need to market the hell out of that video on your personal website, blog, social media, and other video sites. You need to create a brand for yourself, get verified, and grow your subscriber base in order to be taken seriously. You’ll need to get lucky if you want to have one of the most viewed YouTube videos. More than hours of video are uploaded every minute on YouTube, so the competition is fierce. Everyone starts from the bottom, and some YouTubers have successfully risen to stardom — and millionaire-dom.
Summary of main points
With people spending a collective billion hours a day watching YouTube videos, YouTube has risen to the second largest search engine in the world and the third most visited site. This opens it up to be a fantastic platform for people to express themselves — and for advertisers to market their wares. There are a variety of different ways YouTubers can make money, from ads to creating branded merchandise.
How much do YouTubers make? Net worth in 2019:
TIt used to be that the most common ways people make money on videos uploaded to YouTube are through advertising and paid product placement. As the platform and brands make it harder to rely on ad revenue, «YouTubers» have found that selling products or services directly to their base of followers to be the best monetization strategy. Some people make money on YouTube through the ads that appear before their videos. Paid product placement is another way in which people can monetize YouTube content. Paid product placement occurs when a sponsor pays the YouTube content creator directly to review a product or to feature it within the video. In general, the more people who watch a video, the more value it has to an advertiser or sponsor, and therefore the more revenue it is likely to generate for the content’s creator. One of the most important priorities for people interested in profiting from YouTube content is to increase the size of their audience. One of the most fundamental best practices is to create rich, engaging content. Viewers come to YouTube looking to either be entertained or for a solution to a problem they face. By creating great content, it’s more likely the video gets viewed and shared. Another way to increase viewership is for content creators to optimize their videos for YouTube search.
Seriously, Can Money Buy Happiness?
Interestingly, income did not correlate with pride, or learning interesting things. Dunn et al. In the 70s and 80s, it was widely thought by psychologists that after a certain point, there was no relationship between income and life satisfaction , at least in wealthier countries. Our guess is that the payscale data is too high, because people with higher incomes will be more likely to fill out the survey. The figures above are based on surveying a cross-section of people in a country. In Assessing well-being pp. Enjoy this?
Transcript
For example, very poor people in the developing world live in overcrowded houses without any running water and with no electricity. This is particularly true when we spend money on material goods, like fancy clothes, which we quickly get used to. The USA is the richest nuch in the world but Americans are not the happiest people in the world. This was not an isolated epople. Macmillan, Moneg the relationship between income and satisfaction is logarithmic, or even more sharply declining, you need times as much money to increase the satisfaction and happiness of an educated American as that how much money does people of praysle make someone in the poorest billion people. For instance, one way to earn more money is to work longer hours in a job few other people want to .
How to earn money on YouTube
Who is right? A lot of the research on this question is of remarkably low quality. But there have been some recent major studies in economics that allow us to make progress. In particular, we now finally have survey data from hundreds of thousands of people all around the world. The truth seems to lie in the middle: money does make you happy, but only a little. And this has many important implications about trade-offs you face in your life and career.
This is what every economist, philosopher and psychologist who works on this topic expects to see. The interesting question is how fast that happens. It may be that at middle-class incomes extra money still makes you significantly happier.
Or perhaps after that point extra income has no discernible impact at all. One way to figure this out is to ask lots of people all around the world how much they earn and how satisfied they are with their lives.
In the 70s and 80s, it was widely thought by psychologists that after a certain point, there was no relationship between income and life satisfactionat least in wealthier countries. The best study we could find is this one by famous economists Betsy Stevenson and Justin Wolfers.
It draws on polling data from hundreds of thousands of people in countries and found that people in richer countries reported being more satisfied with their lives than those in poorer countries, and that within a country, richer people also reported being more satisfied than those with lower incomes.
As you can see, this survey found a clear straight-line relationship between income and happiness both within and between countries. The lines are straight rather than curved because each increment on the bottom of the axis indicates a doubling of income. Roughly, what this means is that if you double your income, you gain about half a point on a scale of 1 to 10 of life satisfaction. More precisely, this is a called a logarithmic relationship. Note that this is just an association at this point — we discuss whether higher income is actually causing people to become more satisfied.
In the past, with only inconsistent polls available in a small number of countries, this relationship was much less clear, causing researchers to think there was no relationship between satisfaction and income.
For more on the controversy about this today you can skip to Appendix I. For instance, this study by Nobel prize winners Daniel Kahneman and Angus Deaton, relied on a phone poll that asked hundreds of thousands of Americans how they felt in the following ways: 4.
This means that extra income had no relationship with how happy, sad and stressed people felt after this point.
Not all studies find that money stops having any impact. For example, another enormous data analysis by Daniel Sacks, Justin Wolfers and Betsy Stevenson found that happiness continued to improve in countries with higher incomes — or at least there was no clear levelling off see figure.
People in richer countries were also a bit more likely to report being consistently treated with respect, having good tasting food, smiling or laughing a lot, and being free to choose how they spend their time see the figure.
But simply scanning the data you can see that these associations, while real, are quite weak considering the enormous range of income across the sample. Much of our everyday human experiences are just not affected much by money. In other words:. In other studies we looked at, overall life evaluation always showed the strongest relationship with income. If you ask people how happy they feel today, or felt yesterday the relationship becomes more tenuous. We guess the key factor is the one we noted at the beginning — you take the best opportunities to invest in your happiness first, so as you get more money, it becomes harder and harder to buy more happiness.
Eventually the effect of additional income of happiness becomes negligible relative to other factors. There could be other reasons for a weak relationship. For instance, one way to earn more money is to work longer hours in a job few other people want to. Maybe the unhappiness caused by these extra hours at work offsets whatever you gain from the extra income. This meta-analysis of over studies found only a very weak relationship between pay and job satisfaction.
Another factor is that we readily adapt to having more money. This is particularly true when we spend money on material goods, like fancy clothes, which we quickly get used to. One example is that long commutes make people unhappy — and they never get used to them see the figure. How come life satisfaction seems to increase more steeply with income than day-to-day happiness? But if someone asks you on the phone how satisfied you are with your life, all things considered, on a scale of one to ten… it can be hard to say.
This widely observed phenomenon is called attribute substitution by psychologists. As Stevenson and Wolfers remark:. We should note that we have focused on establishing the magnitude of the relationship between subjective well-being and income, rather than disentangling causality from correlation.
The causal impact of income on individual or national subjective well-being, and the mechanisms by which income raises subjective well-being, remain open and important questions. For instance, maybe healthier people are both happier and able to earn more because they have more energy.
Or maybe happiness increases your income because happier people make better colleagues. You can expect little if any noticeable effect on day-to-day happiness, stress or sadness. What about the possibility that people who earn more are happier because of their money, but this is counteracted by them having to work longer hours in less pleasant jobs?
So, what about lottery winners? When people write about income and happiness they always mention this study that supposedly shows lottery winners were no happier a year or two after winning. However, we went and read the original studyand found that actually the lottery winners were happier — they reported their happiness as 4 out of 6 compared to 3.
But the real problem is that the study had a tiny sample: there were only 22 winners. Unfortunately, the story was too good for people to bother fact checking. This is also the paper you might have heard cited saying paraplegics are no less happy than anyone else — this is nonsense for the same reason. In fact paraplegics rated their general happiness as 2. Newer studies with larger samples have generally found that lottery winners seem a little better off — at least after their family and friends stop asking them for money.
So in the end, what evidence we can get about lottery winners supports what we already thought: more income makes you happier, but only a little. The figures above are based on surveying a cross-section of people in a country. The story might be different if you care about money more than most people. A small percentage of people say making money is a top priority for them at the start of their careers, and these people do turn out to be significantly more satisfied if they go on to make a lot of it.
Unfortunately, people whose main goals require earning money are also less satisfied with their lives on average. If you want to support more financial dependents, you will need to earn more before the income-happiness relationship weakens in the way described. Likewise, if you live somewhere with an unusually high cost of living, you can scale up the figures at which money stops helping.
Conversely, if none of those apply, extra income may do even less for your happiness than these aggregate surveys suggest. Instead, focus on the factors we recommend in our article on how to find fulfilling work. This is widely accepted by experts in the field. Money can go much further in the poorest countries. If the relationship between income and satisfaction is logarithmic, or even more sharply declining, you need times as much money to increase the satisfaction and happiness of an educated American as that of someone in the poorest billion people.
Their welfare is simply much more responsive to changes in income. And fortunately there is high quality research you can rely on to know what really works in the developing world. One of the top opportunities is just directly giving money to the very poor. As a result the personal costs of donating to charity are also likely small. Moreover, donating money is not at all the same as not earning it in the first place. This includes acts of charity, as well as other ways of helping people such as buying gifts for friends and family.
This means that donating money could easily make you happier than spending it on. For instance :. Imagine the following scenario. You are a participant in a psychological experiment: you are given an envelope containing a small sum of money, which you are asked to spend within 24 hours.
The experimenter can assign you to one of conditions: she can require that you spend the money on yourself paying a bill or buying yourself a treat or she can require that you spend the money on others buying a present for someone or donating the money to charity.
This was not an isolated result. Dunn et al. Aknin et al. We worry that last effect is confounded by religion: membership of a church both predicts charitable giving and higher welfare. You have probably heard both from people who say earning a good income is both incredibly important, and not important at all. As is often the case when you look carefully at the evidence, the truth seems to be somewhere in. Hopefully more thorough research on lottery winners will answer this question in the future.
But until then we at least have a lot of data on how people who earn both a lot and a little report feeling about their lives. People in very poor countries report low levels of satisfaction with their lives, though their day-to-day happiness is surprisingly resilient. But most of our readers are university graduates in rich countries, the group that is least likely to benefit from higher income.
For them, making a meaningful contribution to their society and having good relationships with friends and family are likely to do them more good than a higher paying job. You can also continue reading our guide to finding a career that makes you truly happy. This remains the source of some controversy, but we think the answer is that we care about both absolute and relative income. The findings in the post above cast serious doubt on whether there is any paradox to explain.
People in richer countries are somewhat more satisfied. But Easterlin, who is now 90 and has spent much of his life studying this apparent paradox, was not convinced by this data. In the present analysis we demonstrate that these conflicting results arise chiefly from confusing a short-term positive happiness — income association, due to fluctuations in macroeconomic conditions, with the long-term relationship.
In responseWolfers and Stevenson updated their paper to look at how economic growth relates to satisfaction growth over the longest timescales they could analyse.
In international law victims’ issues have gained more and more attention over the last decades. In particular in transitional justice processes the victim is being given high priority. It is to be seen in this context that the Rome Statute for the International Criminal Court foresees a rather dofs victim participation concept in criminal prosecution. In this volume issue is taken at first with the definition of victims, and secondly with the role of the victim as a witness and as a participant. Several articles address this matter with a view to the International Criminal Court, the Extraordinary Chambers in the Courts of Cambodia and the trial against Demjanjuk in Germany.
Table of contents
In a third part the interests of the victims outside the criminal trial are being discussed. In the final part the role of civil society actors are being tackled.
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