Meet The Video Editor Making $10,000/Month In His 20s

Summary

This insightful video follows the journey of an individual who transitioned from freelance editing to scaling a business with the guidance of a mentor. Through collaboration, learning from mistakes, and giving back to others, they’ve grown from making a modest income to aiming for 30K per month. The speaker reflects on key mindset shifts, the importance of community, and the role of mentorship in overcoming uncertainty. Ultimately, the video is about growth, perseverance, and the power of humility, with a strong message of trusting the process and embracing opportunities for learning.

Takeaways

• 😀 Collaboration is key: Leveraging each other's strengths (PC vs. Mac) was instrumental in achieving success in the editing space.
• 😀 Humility drives growth: Acknowledging that others might know more and being open to learning can dramatically accelerate your progress.
• 😀 Sharing your journey: When hitting milestones, sharing your personal experiences and lessons can have a profound impact on others.
• 😀 Evolving beyond the basics: Moving from a freelance editing model to overseeing the entire creative process (e.g., directing) is a natural next step for growth.
• 😀 Focus on mindset: Believing that bigger goals (like reaching $30K/month) are possible is essential for long-term success in business.
• 😀 Building control over the process: Transitioning from just editing to controlling the entire creative vision provides more opportunities for growth and satisfaction.
• 😀 Giving back to the community: The practice of sharing knowledge and lessons with others helps strengthen your network and create a supportive environment.
• 😀 Challenges are part of the journey: Embracing setbacks and difficulties as learning experiences helps build resilience and perspective.
• 😀 Value of mentorship: Having a mentor or guide in your journey can prevent unnecessary mistakes and provide clarity on the path forward.
• 😀 Faith in the process: Believing in a greater plan and trusting the journey can help overcome doubt and keep motivation high through uncertain times.

Q & A

How did the speaker and their collaborator work together to build their editing business?

The speaker and their collaborator brought complementary skills to the table—one handled PC-based work, while the other focused on Mac-based tasks. By combining their strengths, they were able to create a highly efficient and successful editing process.

What is the significance of the speaker’s milestone of reaching 10K?

Reaching 10K was a significant milestone for the speaker, and they chose to share their journey and lessons with others by recording a detailed 1.5-hour video. This act of sharing was driven by the belief that overcoming challenges is not just personal but a gift to others.

How did the speaker feel about their growth and what was the impact of the community they joined?

The speaker expresses that while they didn't initially feel they were at the 'top of their game,' they recognized the value of the community they joined. It helped them gain insights into how others were succeeding and reassured them that their growth was possible, especially with the help of those who had already walked a similar path.

What’s the next step for the speaker in terms of expanding their editing career?

The speaker plans to evolve from purely freelance editing to a more comprehensive role, including behind-the-camera directing. They view editing as one crucial element (like a wheel) of a larger creative vision, and they aim to build upon this by expanding into new areas of video production.

Why is the speaker aiming for 30K/month and how do they plan to achieve it?

The speaker aims for 30K/month as the next step in their growth, seeing it as a logical evolution in their business. With the incentive structure they’ve developed with their team, they believe it’s achievable, even though they acknowledge the journey will require hard work and persistence.

How did the speaker’s early approach to editing and business differ from their current mindset?

Initially, the speaker was skeptical about advice from others, especially someone younger. They admit to being ‘a dumb editor’ at the start, but by humbling themselves and adopting the right mindset, they were able to transform their approach to editing and business, leading to significant success.

What does the speaker mean by the concept of 'building other wheels' in their career?

The speaker uses the metaphor of a car with multiple wheels to describe their career growth. While editing has been a well-developed skill (the first 'wheel'), they now plan to expand into other areas, such as directing and managing the overall creative vision. This metaphor suggests the importance of building a well-rounded skillset to drive future success.

What role did humility play in the speaker’s journey to success?

Humility played a key role in the speaker’s success. They initially resisted advice and underestimated younger mentors but eventually humbled themselves, which allowed them to learn valuable lessons and achieve their goals more effectively.

How did the speaker react to hearing about others charging high rates for their work?

The speaker was initially shocked to hear that others were charging high rates (like 1.5K-2K per video). This revelation challenged their previous assumptions about pricing and helped shift their mindset, showing them that such earnings were not only possible but attainable.

What final advice does the speaker offer to others considering the entrepreneurial journey?

The speaker encourages others to trust the process and remain open to learning, even if it means stepping out of their comfort zone. They emphasize the importance of community support, mentorship, and a mindset shift to navigate the uncertainties of entrepreneurship. They also stress that all success ultimately comes from a higher power, encouraging faith in the journey.