How to Make Your First $1,000 on YouTube

most people do YouTube completely wrong and never make any money and I spent the last 9 years doing YouTube and I made over a million dollars before turning 19 but when I started out all I wanted to do is make $11,000 as fast as possible and if I knew about this 7 steps principle then I would have made a lot more money a lot faster I'm Dave Nick and how do you actually make $1,000 in 24 hours well in order to make any money on YouTube you first of all need to understand how YouTube creators make money in the first place and there's a lot more than just add revenue and there's actually seven different ways that I make money from my different YouTube channels first of all of course we have YouTube AdSense secondly we have IRL meetups three sponsorships and brand deals affiliate links down for your services merch and personal products and then digital products such as courses communities PDF guides and more now in terms of AD Revenue first of all I have a lot of different channels and I will show you exactly how to actually get your first $1,000 in 24 hours just stick with me but I want to show you proof that this actually works I do have a lot of different channels including the one that you're watching right now where we are doing a few hundred a day and during the lifetime of this account we did over $668,000 I also have Dave Nick daily which in the last 28 days did $4,000 and the lifetime of this account is about $334,000 and then I also have different faceless YouTube automation channels channels where I'm not showing my face and I'm not recording anything but a camera during the lifetime of this channel we did over a million dollar from Mod Revenue it was absolutely booming and also have this channel which only did $42 in the last 28 days because we didn't post much but about $21,000 in its lifetime and this channel made about $38,000 in its lifetime in the last 28 days it did about $400 in passive income because we didn't post any videos so that's YouTube AdSense the second one that I don't see a lot of people talk about but it is a very lucrative business are in real life masterminds and meetups so you see we organize meetups all around the world and we've been selling them mostly around Dubai Bali and LA but we also had some in Europe as well but essentially that's when we either rent a yacht or a villa and then we just organize an event last for a few days people join they pay a few thousand dollars to meet up with other entrepreneurs from around the world and they get to learn something they also have a lot of fun quite quite honestly so for example we were in this Villa last year in Bali and the price of this event was $112,000 for people to join to network with entrepreneurs and to be there with us now quite frankly that Villa in total cost me about $53,000 so I spent about $53,000 to rent a villa and probably another $2,000 to organize everything and we had 10 spots sold which is about $120,000 in revenue and let's say we spent about $10,000 so profit was a little bit more than $100,000 for a two days event third way that you can make money from your YouTube channel and just stick with me and I will show you exactly how to actually make your first $1,000 in 24 hours but another way that we make money is from Brand deals and sponsorships and if you have a new account or you have a channel that's growing a little bit maybe you're getting some views but you are struggling with monetizing and making as much money as possible then I highly recommend thinking about brand deals and sponsorships because this really added a lot of Revenue especially for my faceless YouTube automation channels so you can use this template if you like where you send an email to different companies and Brands you can find them either on LinkedIn on Twitter or just by Google in different companies in your Niche and then you can just enter like company name in the subject line and then your name and then you just add a text which is pretty basic and simple you just introduce yourself and you would maybe you will maybe tell them how this would benefit their brand and their business and how they can get some exposure from your channel some of my faceless YouTube channels are literally charging upwards of $5,000 for one single video and that's a faceless Channel but you can imagine what you can do with a personal brand the fourth way that you can make money from your YouTube channel and this is a big one because this is exactly how you actually get your to your first $1,000 in 24 hours because with affiliate links you don't necessarily have to have your own website you don't need to create any products you don't have to deliver anything you don't have to deal with customer support you literally just have to get an affiliate offer put the links in the description and if you found the right offer and you made the right content and you attracted the Right audience you can make your first $1,000 in less than 24 hours and I'm speaking from experience here now some of the affiliate networks that I've used made me hundreds of thousand thousands of dollars like this one we did over $573,000 in earnings let me just reload the page so you know that this is real because I know a lot of people online just show some screens screenshots or whatever but they never really show real tangible proof this is $500,000 just from one single affiliate program now some other ones that might be easier for you to make your first $1,000 in 24 hours can be something like audible because audible pays about $5 when someone sign ups for completely free and in order to make $1,000 in 24 hours you you just need to refer 200 people which may seem like too much but think about it you're just referring people who sign up for free and get some ebook for free so if you chose the right Niche and you you're sticking to one Niche you start creating content and you invite people and you potentially even incentivize them in different ways to use your affiliate link from the description to get a free book on something that they might be interested in then you can easily get hundreds of people signed up you need 200 of them to make $1,000 in 24 hours another great way that we are making money is from done for your services now you can really think about how you could potentially solve a big problem for your audience and what that problem would be and instead of just creating a course where you show them how to do it you can also do it for them as well and that's extremely valuable because most people don't really have the time to do those things themselves they just want someone to do it quickly especially if you're an expert in that Niche whether that's going to be yoga whether that's going to be golfing whether that's going to be relationships whether that's going to be Fitness and wellness and health and science whatever it might be for me that was YouTube automation a lot of people were asking me how they can get monetized 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