Why I Don't Do YouTube Full-Time

Summary

In this candid video, Richard from the Plane Bagel channel shares his experience of attending his first event as a YouTuber and addresses the question of why he still maintains a full-time job despite the channel's success. He discusses his passion for finance, the unique position of his job, the freedom from relying solely on YouTube income, and the synergy between his professional experience and content creation. Richard also reflects on the potential future of his channel and his commitment to continue innovating and providing valuable content.

Takeaways

• 😀 Richard, the host of the Plane Bagel YouTube channel, attended his first event as a YouTuber hosted by Blossom, an investing social media app in Toronto.
• 🎥 Richard usually creates videos during his lunch breaks, evenings, and occasionally on weekends, balancing his full-time job with his YouTube channel.
• 🌟 Despite the channel's growth, Richard maintains a full-time job as a registered portfolio manager in Ontario, which he enjoys and finds fulfilling.
• 🏆 Richard's day job provides him with a unique opportunity to work in finance, a field he is passionate about, and offers him a rare hybrid position involving both research and client management.
• 🤔 Richard is unsure if he wants to post more content than he currently does, as he treats YouTube as a hobby and is concerned that full-time content creation might be draining.
• 💰 Richard does not rely on YouTube income, which allows him to focus on content areas of interest without the stress of financial instability.
• 🚀 The volatility of YouTube AdSense income is a concern for Richard, who appreciates not having to worry about his monthly expenses if the channel's revenue declines.
• 🤷‍♂️ Richard is uncertain about the future of the YouTube Finance niche and does not want to risk his stable career for an uncertain online presence.
• 🛠 Richard believes his full-time job enhances his YouTube channel by providing him with new insights, resources, and a deeper understanding of financial topics.
• 🔍 Richard's work experience and professional development contribute to the quality of his YouTube content, creating a synergy between his job and his channel.
• 🔄 Richard has adapted to managing both his job and YouTube by becoming more efficient with video editing and considering hiring an editor to focus on content value.

Q & A

What was the reason behind Richard making this video?

Richard made this video to address a topic that often comes up around his channel, especially after attending his first event as a YouTuber and being asked why he still has a full-time job.

What event did Richard attend in June?

Richard attended a social event hosted by Blossom, an investing social media app, in Toronto where Canadian and US finance creators were present.

What is Richard's full-time job besides running his YouTube channel?

Richard works full-time as a registered portfolio manager in Ontario, doing both portfolio management and investment research for a local Ottawa money manager.

How does Richard manage to create content for his YouTube channel while working full-time?

Richard sustains his YouTube channel by creating content during lunch breaks, late evenings, and occasionally on weekends.

Why does Richard enjoy his day job in finance?

Richard enjoys his day job because he is passionate about finance, gets to work in an area that interests him, and finds fulfillment in helping people with their finances.

What is one of the main reasons Richard has not gone full-time with his YouTube channel?

One main reason is that Richard genuinely likes his day job and does not feel the need to rely solely on YouTube for income or content creation.

How does Richard's full-time job benefit his YouTube channel?

Richard's job provides him with access to tools, resources, and experienced colleagues that can enhance his understanding of financial concepts, which in turn improves the quality of his YouTube content.

What is Richard's view on the volatility of YouTube AdSense income?

Richard acknowledges the volatility of YouTube AdSense income, noting that it can fluctuate greatly from month to month, which is why he prefers not to rely on it as his sole source of income.

Why does Richard think having a full-time job might help the longevity of his YouTube channel?

Richard believes that having a full-time job in finance allows him to stay current and knowledgeable in the field, which can contribute to the sustainability and quality of his YouTube content over time.

What changes has Richard made to his video editing style to save time?

Richard has refined his editing style to be more basic and less time-consuming, focusing more on the information rather than animations, which allows him to be more efficient with his video production.

What is Richard's plan for the future regarding his YouTube channel and full-time job?

While Richard plans to continue growing his YouTube channel and trying new things, he does not intend to give up his full-time job, acknowledging the synergies between his professional and online work.