
How I Earned $500,000 at Age 15
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How I Earned $500,000 at Age 15
Introduction and Making Money on Snapchat
In this section, the speaker introduces themselves and discusses how they have made a significant amount of money using Snapchat. They explain that Snapchat is not just for sending streaks to friends but can be used as a platform to make money.
Making Money on Snapchat
- People are making substantial amounts of money on Snapchat, with some earning six figures per month.
- There are two main ways to make money on the platform: through stories and snatchers.
- Stories on Snapchat are similar to what you see on Instagram, where users share content with their followers.
- Snatchers are creators who have specific deals with the platform and get paid to use certain features.
- David Dobrik is one example of someone who has successfully monetized their presence on Snapchat.
Creating Content and Earning Revenue
In this section, the speaker explains how they started creating content on Snapchat and built a niche for themselves. They also discuss the revenue they earned from their videos.
Creating Content on Snapchat
- The speaker started creating news videos about internet trends and personalities.
- Initially, they received millions of views every day, which allowed them to earn a significant income.
- While they didn't get into Snapchat's prime when creators were paid $150k for 15-second videos, they still managed to capitalize on the trend before it died down.
Earning Revenue
- The speaker shares insights into their revenue by showing statistics from their dashboard.
- They mention having employees who help create thumbnails and titles for their videos.
- The revenue shown for January alone was $632,000 Robux (Snapchat's in-app currency).
- However, it should be noted that not all of this revenue is kept by the speaker due to various costs and profit-sharing arrangements.
Running a Business on Snapchat
In this section, the speaker provides an overview of how they run their business on Snapchat, including their daily routine and content strategy.
Daily Routine and Content Strategy
- The speaker starts their day by checking their dashboard and analyzing the performance of their videos.
- They rely on news videos to entertain their audience, particularly Andrew Tate fans.
- Thumbnails often feature Andrew Tate and other attention-grabbing elements.
- The speaker has multiple channels with different niches, such as sports, rap, and general entertainment.
- They show revenue statistics for one channel in January, highlighting the high number of views they received.
Revenue and Success on Snapchat
In this section, the speaker shares more details about their revenue and success on Snapchat.
Revenue and Views
- The speaker showcases a specific day where they received almost 4 million views.
- While they don't disclose the exact earnings from that day, it is implied to be substantial.
- They reveal that in January alone, they earned $632,000 Robux (Snapchat's in-app currency).
- However, it is important to consider that running a successful Snapchat business requires consistent effort and dedication.
Transition to YouTube
In this section, the speaker mentions transitioning from Snapchat to YouTube but does not provide further details.
Transitioning to YouTube
- The speaker briefly mentions switching over to YouTube but does not elaborate on this transition or provide any additional information.
The Journey to Success
In this section, the speaker reflects on their journey to success and how they started making money at a young age.
Starting with YouTube and Transitioning
- At 15 years old, the speaker made a significant amount of money through their YouTube channel focused on shorts.
- They emphasize that success is just around the corner and share their experience of transitioning from YouTube to other ventures.
- The speaker mentions earning a plaque as an achievement during this time.
Learning Skills and Overcoming Roadblocks
- During quarantine at the age of 12, the speaker used to edit and design for others, earning money.
- However, they hit a roadblock when they realized they had never learned these skills themselves.
- The speaker explains that they outsourced all editing and designing work to Fiverr without learning those skills personally.
Reaching Peak Success at a Young Age
- Despite not having personal editing or designing skills, the speaker managed to earn up to $5,000 per month at their peak.
- Interestingly, one of their current collaborators was previously a client from when they were 12 years old.
- This demonstrates how everything comes full circle in life.
Starting YouTube and Snapchat
In this section, the speaker discusses starting their YouTube channel in November and Snapchat in January. They highlight how these platforms played a crucial role in their success.
Rapid Growth Trajectory
- After starting YouTube and Snapchat, the speaker experienced an incredible trajectory of growth.
- They describe it as going from being very small initially to quickly gaining popularity.
Making Business Online Accessible
- The speaker believes that making business online is often overhyped and seems more complicated than it actually is.
- They emphasize that all you need is some common knowledge and access to YouTube videos to make it work.
- The speaker shares their personal experience of achieving success at the age of 15 with limited resources.
Finding Success in a Short Time
In this section, the speaker emphasizes that finding success doesn't necessarily take a long time. They encourage viewers to realize that success can come unexpectedly and quickly.
Achieving Success in Six Months
- The speaker reveals that everything they have shown in the video was achieved within just six months.
- While they had been working on social media for a longer period, their significant success came relatively quickly.
Success Can Come Out of Nowhere
- The speaker wants viewers to understand that success can come out of nowhere.
- They highlight that it doesn't always require a lot of time or effort to achieve success.
This summary is based solely on the provided transcript and may not capture all the details from the video.