<div class="bbWrapper"><blockquote data-attributes="member: 19117" data-quote="RHL" data-source="post: 512112"
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I was tempted to post some snarky bullshit and peace out before I read this.<br />
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Instead, you'll get some snarky not-bullshit:<br />
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No. No no no no no. No.<br />
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Stop.<br />
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You cannot figure out the money-earning part of the need-meeting product later. That's part 1, job 1, before you even think about promotion, brand name, .com, business cards, or anything else. Maybe this is a defficiency in the way TMF is understood by some people, it certainly was for me: Meeting a need is not enough if the need is not pressing or painful enough to make money. The world is littered with businesses like this, especially on the internet. Millions of people watch video game replays or use porn or visit a free blog they like and those enterprises usually bleed money and the vast, vast, vast majority of creators in those and many other spaces are barely middle class even with outrageously low start-up costs (which here we would call an outrageously low barrier to entry. And that's part of why they fail). Even the most successful people who have created things using your backwards format of audience first, then free "product," then trying to re-up to paid product eventually, like Adblock, Craigslist, and Reddit, have struggled to make more than absolute peanuts. The CEO of Ebay, who got paid first, is a billionaire and has been a major political figure in CA. Do you even know who the creator of Craigslist is? Reddit makes enough for a small staff (mostly on the back of VC), but if it could convert even 10% of its daily traffic at $6.00 per it would generate a million dollars in revenue per day. Instead, it's never been profitable.<br />
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I hustled an old Toyota back in December for 2K profit, real quick and painless. Affordable transportation for the every-man at a good price. Chump change, right?<br />
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Until you realize that you'd have to "serve" 300,000 "customers" of your YouTube videos to make the same amount off of adsense, and that's if you have a high-subscription high-ad-click-rate channel. If you just post random videos that go viral, expect to need 2-3m views to get 2k. I had a guy on here contact me because he had a video go viral to the tune of 25,000,000 views (it's now nearly double that). That's more than MJ, who is actually rich and has actually life-changing empirically verified advice to dish out, has gotten on all his videos combined. Know what this fastlaner got for his 25m views? $9,000. Know what's even more important? I'd bet that that even after factoring in sales conversions to other products, etc., that guy didn't get even 10% of the money he would have from that video if, instead of showing a vid to 27,000,000, he instead made sales of a $5.00-profit-margin-product to 27,000 people.<br />
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ABS- Always. Be. Selling. If there isn't a straight line and swift distance between the first time someone hears about you and when you get their money, you're damned to an eternity on the sidewalk. People here posting that you'd be much better off as a slowlane waiter in a restaraunt where dinner for 2 is about $60-70 than as a vlogger/blogger in virtually all scenarios are absolutely right.<br />
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I just gave you, for free, a lesson that cost me at least $8,000 and six months of moderately intense effort to figure out. All yours. For free. What you do with it is up to you. I've got to meet a customer at 1 so I'm out.
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</blockquote>Great post, unfortunately it seems like it went way over OPs head.</div>
