So this dude from my home town got very popular on YouTube a couple years ago and has been able to grow enough to make a living only from his channel, which is actually a very rare occurrence despite of what many of them try to make their viewers believe.
Today he showed in his most recent video that YT removed monetization from all his videos; because they don't like his content anymore. BAM. Pretty much overnight, he went from living the life to "Sh*t.. I need to start coaching people online".
Entry: Privileged relationship with celebrities
Need: Was the first channel of the kind, and there was a demand for it
Time: Passive residual income from his videos, well after they were uploaded
Scale: Millions of followers worldwide
Control: SH*T!!!
Violating the commandment of Control is very insidious, because you can do very well for quite some time until you don't. I have a friend who's running an incredible truck transportation business for... a single big client... Do you see a potential horror story at the horizon?
Today he showed in his most recent video that YT removed monetization from all his videos; because they don't like his content anymore. BAM. Pretty much overnight, he went from living the life to "Sh*t.. I need to start coaching people online".
Entry: Privileged relationship with celebrities
Need: Was the first channel of the kind, and there was a demand for it
Time: Passive residual income from his videos, well after they were uploaded
Scale: Millions of followers worldwide
Control: SH*T!!!
Violating the commandment of Control is very insidious, because you can do very well for quite some time until you don't. I have a friend who's running an incredible truck transportation business for... a single big client... Do you see a potential horror story at the horizon?
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