I started full time last year in May, so almost exactly a year ago. I had a little financial cussion and the strong will to make it happen. I put in around 60 hours per week on average and managed to make my channel support my family after roughly 4 months. It still is a lot of work, but I am employing an editor and an animator now, so workload is decreasing slowly. It was the best decision of my life to do this and take the risk. In my opinion it’s very important to put a lot of time and thinking into it. I spent around 3 months forming a strategy before doing my first video.
Where is a niche, that you can fit your content in, that’s big enough to support the channel and empty enough for you to actually make an impact. That was the most important question for me. I found it in the Space news genre. I was a hobby astronomer and always interested in Space and the productions done in that particular niche were mostly poor at the time. Lots of content, but not much professional.
You also have to go with several income streams from the beginning on. Don’t let anyone tell you, that you’re still too small to do this or that.
My main income streams are:
In this order.
Research well. Become the “go to” source of what you’re talking about Present it well. As best as you possibly can in your own style. Do not copy stars. They’re already doing a better job at it. Make something different. Do things, others are not doing yet. I for example have an animated mascot.
Branding is important too. Make it consistent over all your platforms. Twitter, YouTube, Patreon. It has to look the same. Spend time networking a lot!!! A team is always stronger than a single person. Open a Discord to gather a community. It’s also a really nice perc for Patrons. Mine is exclusive to Patrons and YouTube members. It will be a bit lonely in the beginning, but that changes, if you do things the right way.
I hope, this helps!
My income is above 6 figures by now. Just to give you an estimate on what can be done. A lot of it is reinvested though. Constantly.
Link to my channel: www.youtube.com/whataboutit