Comment on How am I supposed to obtain income?
LovableSidekick@lemmy.world 1 month ago
I’ve watched a few youtube videos about “getting paid to be you” that boil down to doing hobby-type activities you are interested in - like knitting or playing chess or whatever - on a youtube channel, with a paid membership level that gets people in on a monthly zoom call. Looks aren’t a factor and the goal isn’t to go viral or become a youtube celebrity. You just have to be able to explain and demonstrate beginner-level skills at something to people who are at an even lower level. This one says her members pay $30/mo and she gets 5 or 6 people at a time in zoom calls. I imagine you could do this for pretty much any craft skill you are halfway good at. It would take very little time per month, and the arithmetic works out very well - a very modest goal of 100 subscribers at $20/mo = $2k per month. Build that up to several channels and you would have a perfect stay-home job you could live very well on. “Why doesn’t everybody do this then?” Well, tons of people do. These little channels are all over youtube, and if you do the math it’s not surprising at all that they’re able to support themselves with it.
ArcticPrincess@lemmy.world 1 month ago
You mean doing the math on how a market with limited demand but where almost every man and his dog can start supplying with no overhead is likely to be rapidly saturated?
LovableSidekick@lemmy.world 1 month ago
That’s not math, that’s spewing meme-grade Econ 101 to add fake weight to your skepticism. Youtube has been around for almost 20 years and “the market” for skill hand-holding isn’t saturated at all. And it’s not a single market, it’s a broad spectrum of niche markets.
mojofrododojo@lemmy.world 1 month ago
broad yet shallow and depending entirely on opaque algorithms beyond the user’s ability to ken much less control…
and they aren’t wrong about the market being instantly oversaturated, discovery is a real problem and it’s pretty fucking difficult.