24. Launch a YouTube Channel
- Estimated income: $2,400-$4,000/month on average for channels with 100,000 subscribers
- Requirements: communication, video editing, and social media management skills
The rising popularity of content creators has made video creation a compelling business idea. With over 120 million daily active users, YouTube is the most popular platform for publishing video content.
You can create video content from home, from reaction commentaries to software tutorials and cooking demos.
If you launch a YouTube channel, focus on attracting 1,000 subscribers and 4,000 watch hours during the first few months. Surpassing those metrics will make you eligible for the YouTube Partner Program, allowing you to monetize the channel.
Other monetization methods include Patreon crowdfunding, affiliate marketing, and sponsored content.
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