He LOST $7500 Starting a YouTube Channel! DON’T Make His Mistake!!
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I came across the sad but cautionary tale of Raymond who lost $7,500 in the summer starting a YouTube channel.
Starting a YouTube channel can be a great way to make money online (passively) and while there are so many documented success stories, there are some others we don’t really hear or read about that reveal the other side of this coin: the costly reality of starting a YouTube channel.
Like him, I’d be embarrassed sharing this story if this happened to be me. But since he told it, I guess it had to be shared.
In his own words,
Ambition left unchecked can be very costly.
Raymond started a YouTube channel using a business model called YouTube automation.
This model involves outsourcing the video creation process to freelancers on platforms like Fiverr and Upwork, with the channel owner acting as a project manager.
Raymond invested $7500 in a YouTube automation coaching/consulting program, which promised a monetized channel within 30 days.
However, five months later, he had not made any return on his investment and had spent an additional sum on Fiverr to have videos made that he ultimately did not use.
Raymond explains that while YouTube automation can be an effective strategy for certain people, it may not be the best choice for everyone.
It is particularly suited for those who already have some success with their channel and can afford to reinvest their profits in outsourcing video creation.
It may also be a good fit for those who are sure they want to produce video content and are willing to invest in the process.
However, Raymond cautions that it is important to consider whether video content creation aligns with your interests and skills, as he personally found the process of making videos to be too time-consuming and frustrating.
Everybody says that video is THE best form of media. There’s even data to back it up. That’s all good, except maybe video is not your medium of choice as a content creator. It took Raymond months to realize this simple fact.
If you’re considering starting a faceless YouTube channel (YouTube automation), you might want to read Raymond’s story in his own words here.
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