How I Earned $100,000 at Age 16

This video is about a 16-year-old who shares his journey of how he earned $100,000 by being a YouTuber and offering editing and photography services.

This video by Jared West was published on Sep 28, 2020.
Video length: 17:55.

The video is about a 16-year-old who shares his journey of how he earned $100,000.

He explains that he started as a young YouTuber and eventually monetized his channel. He then transitioned to freelancing as a video editor and struggled to find clients initially. However, after reformatting his gigs and profile, he started getting more orders and positive reviews. He also shares his experience as a product photographer, which became his most lucrative service.

Overall, the video highlights the hard work, luck, and dedication that led to his financial success at a young age.

• The speaker reached a pre-tax net worth of $100,000 at age 16.
• He attributes his success to being slightly obsessive, getting lucky, and putting in the hours.
• He started his first YouTube channel at age 10, posting Minecraft gaming videos.
• His channel got monetized at age 12, allowing him to make money from ads.
• He earned his first money online in June 2017, thanks to the fidget spinner trend.
• He started offering editing services on freelancing websites in summer 2018.
• He transitioned to photography services, specializing in Amazon product photography.
• He started a gaming channel on YouTube and explored dropshipping e-commerce and Instagram theme pages.
• He achieved 100,000 subscribers on his channel and experienced growth and monetization.

How I Earned $100,000 at Age 16 - YouTube

Introduction

• The speaker recently reached a pre-tax net worth of $100,000 at the age of 16.
• He attributes his success to being slightly obsessive, getting lucky, and putting in the hours.
• He will share his journey of how he earned this money as a YouTuber and offering editing and photography services.

Getting Started on YouTube

• From a young age, the speaker gravitated towards doing something creative, such as filming and making online games.
• At the age of 10, he started his first YouTube channel, posting Minecraft gaming videos.
• His channel got monetized when he was 12, allowing him to make money from ads.
• He earned his first money online in June 2017, thanks to the fidget spinner trend.
• In summer 2018, he realized the value of providing value and decided to offer editing services on freelancing websites.

Starting a Freelancing Career

• The speaker created accounts on freelancing websites like Fiverr, Upwork, and PeoplePerHour.
• It took him over a month to get his first $10 order, editing a video for someone's birthday gift.
• Although he had a five-star review, he didn't get any more sales initially.
• He reworked his gigs and profile, studied competitors, and made updates.
• After updating his profile, he received another order for $30, editing a compilation of wedding shots.

How I Earned $100,000 at Age 16 - YouTube

Transition to Photography Services

• The speaker decided to try product photography after watching a video by Peter McKinnon.
• Within two weeks, product photography became his most lucrative service.
• He got his first sale for $95 by taking three photos.
• He spent around two hours setting up his lights and arrived at a basic-looking setup.
• He initially thought he could fix any flaws in post-production, but later realized it was a bad idea.

Specializing in Amazon Product Photography

• Specialized in Amazon product photography to sell bundles of seven photos.
• Being specialized allowed for higher payment per picture.
• Made a total of $364 in two months.
• Initially used other people's work for product photography gig.
• Received an order for $250, but faced a chargeback and a two-star rating.

Starting a Gaming Channel on YouTube

• Started a gaming channel in November as a joke.
• Channel started getting tens of thousands of views a day.
• Channel got monetized in September 2018.
• Earned $2 to $5 on a good day from the gaming channel.
• Explored dropshipping e-commerce and Instagram theme pages.

Success with YouTube Ad Revenue

• Released a video called "How to Get Free Robux" that went viral.
• Channel started to gain traction and popularity.
• Earned $450 in February, $700 in March, and $1,050 in April from YouTube ad revenue.
• Increased upload consistency and started taking on sponsorships.
• Received offers from survey sites to endorse their site for $500.

Recycling Content and Reaching 100,000 Subscribers

• Lost interest in Instagram theme pages and focused on YouTube.
• Recycled old "free robux" content with different thumbnails and titles.
• Hit 100,000 subscribers on the channel in May 2019.
• Continued to earn money through sponsorships in May, June, and July.
• Achieved a dream of reaching 100,000 subscribers after five years.

Channel Growth and Monetization

• Earned $10,000 in June, $3,500 in July, and $5,000 in August.
• Started a new channel and gained 10,000 subscribers in just over a month.
• Changed content and strategy, gained 3,000 followers and 2 million impressions in a month.
• Second channel blew up and gained 80,000 subscribers in a month.
• Combined total earnings of over $20,000 in September, November, and December.

Increased Earnings and Niche Potential

• Old Fiverr video hit the algorithm and gained traction after a year and a half.
• Earned $1,000 from 100,000 views on the new channel.
• Realized the potential for higher earnings in this niche and enjoyed making the content more.
• Uploaded an updated Fiverr video on the Jared West channel.
• Hit first $10,000 month in January 2020.

Challenges and Setbacks

• Uploaded two underperforming videos on the Jared West channel in January.
• Instagram theme page with 50,000 followers got taken down for copyright reasons.
• Made a combined total of over $40,000 in February, March, and April.
• No radical shifts made, only slight changes in sponsorship prices and views.
• Channel with 750,000 subscribers got terminated overnight, causing panic and loss of momentum.

Financial Shift and Recovery

• Deleted all videos on secondary channel, resulting in significantly lower views.
• Channel went from making $10,000 a month to barely making $1,000.
• Financially challenging, but positive aspect was the opportunity for growth and recovery.

How I Earned $100,000 at Age 16

• The first few weeks of May were a grind on my YouTube channel, with only 3,000 subscribers and 500 to 1000 views per video.
• However, I knew that as soon as one video gained traction, the algorithm would pick up my other videos, and that's exactly what happened in late May.
• By the end of June, I had gained 10,000 subscribers and my other videos started to get recommended.
• At this point, I was making around $40 to $60 a day.
• I then decided to transition my videos into more entrepreneur-based content, making them feel like movies or documentaries.
• Currently, I have 50,000 subscribers and make around $200 to $350 a day, reaching a net worth of $100,000 in pre-tax money as a 16-year-old.

Watch the video on YouTube:
How I Earned $100,000 at Age 16 - YouTube