Yes, YouTube is the next big online business you can start in 2020 because the world consumes video content more than ever and it’s a good time to start your YouTube channel.
Starting a YouTube channel in 2020 is much tougher than it was back in the early 2000s because now there are so many other people with existing YouTube channels and there are still millions of people looking to start.
There are a couple of things you need to set in place so your YouTube channel can grow with tons of views and subscribers who are happy to watch your content.
Things you need to start a YouTube channel the right way
- Determination
- Content ideas
- Your Personality
- Equipment
- Monetization plan
1. Determination
This is the most important factor and something you should really think about and have an answer before you start making videos for your channel because it’s your determination that will keep you going during the bad months of no money, no views and subscribers.
Determination and perseverance work hand in hand because when you are down in morale and energy with no intention of creating new content for your channel, you have to remember that YouTube is a marathon, not a sprint.
2. Content Ideas
You don’t have to come up with the most unique ideas, all you need to do is take an idea and make sure you add your own spin to it. Make it original, don’t copy ideas because you won’t stand out from the millions of people copying other people.
Having original content ideas will make your videos different, they would have a twist and it’s that twist that will make your viewers keep coming back to watch more of your videos.
3. Your Personality
The type of personality you have goes a long way in the success or failure of your YouTube channel because in an effort of being unique and different, whenever you are yourself and not copying someone else style of talking, relating with people, you need to infuse your unique personality into your content.
Every human being is different, we are not born the same and so our personalities are not the same. Not hiding it would be better for you and your YouTube channel.
4. Equipment
Having the best equipment won’t guarantee you more views and subscribers on YouTube because it’s more about your personality, your content and your message.
It’s advised to start recording videos with your phone, I usually recommend using an iPhone for this because it has superb camera video quality and can record in 4K resolution which you’ll need to create clean videos your audience would want to watch.
There are lots of budget equipment in the market, you can get budget tripods, budget lightning and budget microphone and they all have good quality.
6. Monetization Plan
To make money on a YouTube channel, you need to have over 1,000 subscribers and 4,000 hours of watch time. That can easily take 2 months, 6 months, 1 year or 3 years.
It mostly depends on your content and how you relate with people. I recommend you consider trying Affiliate Marketing where you recommend a product and when people buy, you earn a little commission for your effort.
And you don’t need to have 1,000 subscribers and 4,000 hours before you can start making money on YouTube.