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INTRO Hi Risk Takers! My Name is Jake & I Have a Question

Discussion in 'Forum Introductions (Who are you!?)' started by Jake Bauman, Feb 12, 2019 at 6:33 PM.

  1. Jake Bauman
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    Jake Bauman New Contributor

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    Hi Everyone,

    My name is Jake and I just read the millionaire fast lane. To say the least, my life has gained many perspectives as a direct result. I am a 21 year old and I am currently in my last semester of college. Despite being about to receive a business degree, I am one of the ones who is thinking about choosing the road less traveled and chasing my passion (like many of you). I started a Youtube channel about 6 months ago and I have about 5,000 subscribers and I get around 2,500 views a day. This is something that although I am not satisfied, I am most certainly proud of. I read the chapter on the Law of Entry and it made me think long and hard. The truth is, my channel is steadily growing, but let's face it, the level of entry is quite easy. In fact, the only barrier to entry is the ability to delay gratification. I was wondering, what you all thought about my current situation. Do you recommend continuing to grow the channel, or chase another entrepreneurial opportunity? Any advice would be greatly appreciated.
     
    ZF Lee, minivanman, luniac and 2 others like this.
  2. MJ DeMarco
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    MJ DeMarco Raving Lunatic Staff Member Read Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass LEGENDARY CONTRIBUTOR Summit Attendee

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    Why not do both?

    Sounds like your YT channel has gained some traction -- no matter what you decide, it will always serve you because you are building YOUR audience. I don't believe YT should be your business, it should supplement your business.

    Congrats on getting started and the subscribers, definitely something to be proud of!
     
    Mattie, rpeck90, Rabby and 3 others like this.
  3. amp0193
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    amp0193 Legendary Contributor Read Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass LEGENDARY CONTRIBUTOR Summit Attendee

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    And the barrier of making shit tons of videos on a regular basis.

    Keep the channel. Make twice the videos you're making now. Grow faster.

    Then start thinking about ways to monetize off youtube, using the audience that you have.
     
  4. Jake Bauman
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    Wow, thank you for the great advice and support. This fired me up, I appreciate this greatly.
     
    minivanman, Roli and amp0193 like this.
  5. amp0193
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    amp0193 Legendary Contributor Read Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass LEGENDARY CONTRIBUTOR Summit Attendee

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    Every video you make, you get better at it. Your progress is on an exponential curve, not a linear one.

    Those just starting, will take a long time to get going.

    You have traction, use it.
     
    ZF Lee, Jake Bauman and minivanman like this.
  6. Jake Bauman
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    Wow... I can't express the feeling of what it's like to get advice from one of my greatest role models. I will find ways to monetize my audience. I'll keep you updated on that. Thanks for making my day.
     
  7. Roli
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    Roli Gold Contributor Read Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass

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    Props to you! That is no easy feat, and you are building a list of people who listen to what you say, that is pure gold.

    As you'll find out the more you browse this forum, having a good list is the best and fastest way to build revenue. So keep the channel going, and keep looking out for where you can provide value and bust out that killer biz idea.
     
    Jake Bauman likes this.
  8. luniac
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    luniac Gold Contributor Read Millionaire Fastlane I've Read UNSCRIPTED Speedway Pass

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    brah i have youtube channel for over a year only 40 subs.

    u got 5k in 6 months, this could be your shit. Keep your mind open to further opportunity but please don't dump the channel!
     
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  9. NMdad
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    NMdad Bronze Contributor Read Millionaire Fastlane FASTLANE INSIDER Speedway Pass

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    Your YouTube subscribers & traffic are soft proof that you're providing value, so keep going & do more of it--i.e., do more of what's already working.

    But keep in mind the commandment of control: don't rely solely on YouTube. Start building an email list that you can control. Send your YouTube viewers to your website, and get them on your email list. Experiment to find additional traffic sources.

    Figure out ways to provide more value & monetize those viewers & subscribers. Infoproducts, physical products, paid memberships, etc.
     
    Jake Bauman, minivanman and Roli like this.
  10. Jake Bauman
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    This is great advice, I am going to start thinking about ways to build that email list... Thanks for this!
     
  11. Jake Bauman
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    Thanks for this advice man. Sometimes I get lost in the continuous loop and burn out. But thanks for giving me some perspective to some potential opportunities. This fired me up.
     
  12. Jake Bauman
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    I have been on this forum for just 24 hours and I am already seeing how awesome this is. It's comments like this that are firing me up and motivating me. Thanks for this, and for taking the time to comment, you made my day.
     
    ZF Lee and Roli like this.

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