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Unlock a $100K+ Online Business: Your 7-Step YouTube Revenue Roadmap

A quick guide that outlines a 7-step framework for turning YouTube into a platform for building a successful online business, highlighting its growth as a leading space for creators.

Step 1: Implement the Super Mario Effect

  • Adopt a mindset of learning from failures, similar to how gamers learn from mistakes in video games.

  • View challenges as opportunities to learn and improve, rather than as setbacks.

  • Ensure your finances are stable so you can experiment without the pressure of immediate financial success.

  • Consider how much time you can commit to YouTube, recognizing that it may take 3-5 years to gain traction.

Step 2: Identify What You're Optimizing For

  • Define what success means to you: Is it money, time, or new experiences?.

  • Align your YouTube channel with your life goals.

  • Make your goals tangible: Write out what a dream day, week, and year would look like if your channel is successful.

  • Ensure you enjoy the content you make, as success means you will be doing more of it.

Step 3: Perform a Niche Analysis

  • Research the community you want to join: Watch videos in that niche, understand how they talk to their audiences, their colors, episode length, posting frequency, opening lines, themes, and titles.

  • Identify gaps in the community: What aren't people saying that you would like to say?.

  • Look for potential collaborators and be part of the existing ecosystem.

  • Create a year's worth of content titles and loglines.

  • Understand that your initial product is attention.

  • Study how audiences discover videos, primarily through browsing and suggested content.

  • Recognize that you will gain an audience within a pre-existing community, so it is important to understand the visual language, timestamps, and tone of that community.

Step 4: Choose Your Value Proposition

  • Study your niche to understand how you can be slightly different and provide unique value.

  • Create a "Pinterest board" of thumbnails and community comments to understand what people like and dislike.

  • Analyze the first 30 seconds of videos in your niche to understand how they open their videos.

  • Consider a niche topic: For example, instead of general travel, focus on unique Airbnbs with activities.

  • Analyze the brand partners and common sponsors in your niche.

  • Look for common formats in your niche, such as "this vs. that" or challenges.

  • Recognize that storytelling involves conflict and contrast, which should be present in your thumbnails.

  • Use the "identities, emotions, and actions" exercise:

    • Identify the different identity groups in your audience.

    • Write down the emotions you want them to feel.

    • Determine the actions you want them to take.

Step 5: Write 100 Titles

  • Develop an idea bank: aim to generate 10 new video titles every day.

  • Use AI tools for inspiration, but also write down all your ideas, even if they seem bad, as they might lead to better ones.

  • Commit to developing ideas daily, like brushing your teeth.

  • Note titling conventions and formats you like, such as "versus" or "$100 thing vs. $1000 thing.".

  • Whittle down the 100 titles to 30, and identify your favorite two or three each day.

Step 6: Find a Testing Ground

  • Test your ideas in low-lift ways to see if they resonate with your target community.

  • Share your ideas on platforms like LinkedIn or with your social circle.

  • Use short-form videos to test ideas.

  • Look at community hubs like subreddits or Discord to understand what people care about.

Step 7: Film, Edit, Upload, Repeat

  • Pre-production is crucial. Create a document with your title, thumbnail, and a list-based format that outlines the hook, beginning, middle, and end of your video.

  • Spend the most time on the first 7 and 30 seconds of your video.

  • Ensure your hook meets expectations and introduces something new.

  • Make sure you have unanswered questions throughout your video that keep viewers engaged.

  • Use a lean filming style to avoid overcomplicating the process, starting with an iPhone.

  • Plan for 52 weeks of content creation, not one week.

  • Start with short-form content to test ideas and drive audience and subscriptions before committing to long form, aiming for 2-3 shorts per long-form video.

  • Longer watch times are rewarded by YouTube, with 20+ minutes as an ideal target.

  • Remember that people watch content on televisions now, not just phones, so longer videos can work.

  • Aim to complete 85% of a video and then release it without obsessing over perfection.

  • Look for opportunities to repeat successful video formats with a new spin or chapter.

Data Tracking

  • Track click-through rate (CTR): Aim for 10% or higher on launch day.

  • Track first 30-second viewership: Aim for above 90%, meaning that you hooked the viewers.

  • Track average view duration/percentage: Aim for over 50% for a 20-minute video.

  • Track average views per video and new versus returning viewers.

  • Look at browse vs. suggested traffic and device average view duration to understand how audiences consume your content.

Additional Advice

  • Focus on making great videos, and your network will emerge naturally.

  • Be patient, as building a successful YouTube channel takes time.

  • Do not overlook Pinterest boards as a tool for visual inspiration.

Monetization and Further Learning

  • If you want more information about monetizing your channel and turning it into a business, consider watching our free webinar on how to make $1000-$3,000 per day👇.