Meet a 31-year old who makes $185K/month at 90% margin - the story of @CharlieChang

Silicon Valley Girl
4 Apr 202427:43

Summary

TLDRIn this insightful conversation, YouTuber Charlie Chang discusses his journey and strategies in scaling his YouTube business. He emphasizes the importance of affiliate marketing, leveraging his main channel's 1 million views for substantial revenue, and diversifying into niche channels. Charlie shares his hiring process, content creation tactics, and the efficient management of his lean team costing $15-20K per month. He also touches on the significance of tax strategy and his foundation supporting entrepreneurship in underserved areas, offering a holistic view of building a sustainable online presence.

Takeaways

  • πŸ˜€ The interviewee has had experience with various businesses and side hustles and believes every business or company should have a YouTube presence.
  • πŸ’‘ The interviewee emphasizes the importance of affiliate income, which was their main source of revenue, particularly from Amazon and consumer products.
  • πŸ“ˆ The interviewee has multiple YouTube channels, with the main channel generating the majority of revenue, and other niche channels contributing to diversifying income streams.
  • 🌐 The main channel's success is attributed to a combination of high affiliate income and a significant number of views, with over a million views per month.
  • 🀝 The interviewee values building personal relationships with affiliate companies, which can lead to higher commissions and additional promotional support.
  • πŸ” For beginners, the interviewee recommends using platforms like ShareASale and Impact to find relevant affiliate programs and resonate with their audience.
  • πŸŽ“ The interviewee has started channels in niche areas such as business tutorials for entrepreneurs and website hosting, aiming to build a business that can operate without their constant presence.
  • πŸ’Ό The team for the YouTube business consists of around 15 people, mostly based overseas, which helps keep costs low and operations efficient.
  • πŸ“Ή The interviewee discusses the cost-effectiveness of video production, with an average cost of $200-$300 per video, including scripting and editing.
  • πŸŽ₯ The interviewee uses technology like teleprompters and green screens to enhance video production, emphasizing the importance of relatability in the content.
  • 🎼 The interviewee also has interests in music, with a music studio setup for recording and producing tracks, highlighting the potential for diversification beyond YouTube.
  • πŸ’° The interviewee discusses the financial aspects of running a YouTube business, including the costs of team operations and the importance of a strategic tax approach.

Q & A

  • What is the average income per month mentioned in the script?

    -The script mentions an average income per month of around $60,000.

  • What is the primary source of income for Charlie, as mentioned in the script?

    -Charlie's primary source of income is affiliate marketing, particularly through Amazon and consumer products.

  • How many main channels does Charlie have according to the transcript?

    -Charlie has four main channels, in addition to language channels.

  • What is the role of the main channel, Charlie Chang, in terms of revenue generation?

    -The main channel, Charlie Chang, generates the majority of the revenue, contributing to about 80% of the total income.

  • What is the average number of views for the main channel's videos?

    -The main channel's videos receive over a million views on average.

  • What is the strategy behind starting additional channels, as discussed in the script?

    -The strategy is to leverage other people's time and other channels to expand the business, as well as to introduce other hosts and diversify content.

  • What is the performance of the 'Startup Wise' channel in terms of views?

    -The 'Startup Wise' channel has inconsistent views, ranging from 100 to 1,000, with some videos reaching up to 1 million views.

  • How does Charlie approach the creation of content for his videos?

    -Charlie focuses on creating content that helps people and is likely to be searched for, rather than trying to create viral content.

  • What is the cost of producing a video according to the transcript?

    -The cost of producing a video is around $200 to $300, depending on whether Charlie films it himself or someone else does.

  • What is the role of the team in Charlie's YouTube business?

    -The team, which is around 15 people, consists of editors, hosts, and other support staff, mostly based overseas, and they contribute to the creation and editing of the content.

  • What is the monthly cost of running Charlie's team?

    -The monthly cost of running the team is between $15,000 to $20,000.

Outlines

00:00

πŸ˜€ Entrepreneurial Endeavors and YouTube Success

The speaker reflects on their diverse business experiences and emphasizes the importance of persistence in business ventures. They discuss the discovery of a successful YouTuber's income and the decision to emulate their strategies. The conversation highlights the significance of affiliate marketing, particularly with Amazon, and the speaker's realization of the potential in various business models. The speaker also introduces Charlie, a YouTuber known for transparency, and delves into the importance of sharing income reports for motivation and the strategies behind growing a YouTube business, including leveraging other creators and channels.

05:01

πŸ“ˆ Diversifying YouTube Revenue Streams

This paragraph explores the concept of diversifying income sources on YouTube beyond the main channel. It discusses the strategy of creating niche channels to introduce different hosts and topics, such as business tutorials and website building. The speaker shares insights into affiliate marketing, emphasizing the importance of using and endorsing products personally. They also touch on the use of platforms like ShareASale and Impact to find trending affiliate programs, and the idea of creating content that resonates with personal experience and audience interests.

10:02

πŸ›  Building a Business-Centric YouTube Strategy

The speaker elaborates on their approach to treating YouTube as a scalable business, focusing on leveraging other people's time and creating content through various channels. They discuss the unpredictability of video performance and the importance of not expecting every video to be profitable. The speaker also shares their experience with building a team, including finding editors and hosts through social media, and the efficiency of hiring young, motivated individuals. The paragraph concludes with the speaker's content creation process, which involves considering search trends and audience needs.

15:02

πŸŽ₯ Behind the Scenes of YouTube Content Production

This section provides insight into the operational aspects of the speaker's YouTube business, including the team size, the use of overseas talent for cost efficiency, and the roles of various team members. It discusses the process of selecting hosts and editors, the frequency of team communication, and the speaker's personal involvement in calls with brands. The paragraph also covers the brainstorming process for video ideas, the importance of search engine optimization, and the costs associated with video production, including scripting and editing.

20:03

πŸ” The YouTube Growth and Monetization Journey

The speaker shares their experience with growing YouTube channels and the monetization strategies they employ. They discuss posting frequencies, the profitability of different channels, and the inspiration drawn from other successful YouTubers who have scaled their businesses. The paragraph also touches on the speaker's criteria for discontinuing projects and their belief in the importance of patience and persistence in business growth. Additionally, the speaker talks about their music studio, reflecting their diverse interests and talents.

25:04

🎀 Music Production and Brand Collaboration Insights

In this paragraph, the speaker discusses their ventures into music production and their learning process in singing and playing instruments. They share an anecdote about a professional music studio experience and the volume-based strategy used by top artists in the industry. The speaker also talks about their approach to brand collaborations, including the management of incoming brand deals and the absence of a dedicated outreach team. They reveal the average earnings from brand integrations and their aspirations to grow other income sources like online courses.

πŸ’Ό Scaling YouTube into a Full-Fledged Business

The speaker concludes the conversation by emphasizing the importance of scaling a YouTube presence into a comprehensive business. They discuss the costs of running a lean team, the significance of tax strategy in business expenses, and their experience with setting up a private foundation to support entrepreneurship in underserved areas. The paragraph wraps up with the speaker's advice on the necessity of investing time in understanding and optimizing tax strategies for business owners.

Mindmap

Keywords

πŸ’‘Side Hustle

A side hustle refers to a part-time job or business that one undertakes alongside their regular employment to earn additional income. In the video, the speaker mentions having done various side hustles, emphasizing the importance of diversification in business endeavors. The term is used to illustrate the speaker's entrepreneurial spirit and experience in multiple ventures.

πŸ’‘Affiliate Income

Affiliate income is a form of revenue generated through marketing efforts where an individual earns a commission for promoting another company's products or services. The video discusses the significance of affiliate income as a main source of revenue for the speaker, with examples such as linking to Amazon and consumer products, highlighting its role in the speaker's financial success.

πŸ’‘YouTuber

A YouTuber is an individual who creates and shares video content on the YouTube platform. The video features a conversation with Charlie, who is identified as a YouTuber, and the discussion revolves around his experiences and strategies in monetizing his content, emphasizing the role of content creation in his business model.

πŸ’‘Revenue

Revenue refers to the income generated from business activities, typically from the sale of goods or services. The script frequently mentions revenue, especially in the context of YouTube channels and the various income streams that contribute to it, such as affiliate marketing and brand deals.

πŸ’‘Content Creation

Content creation is the process of producing material for distribution, such as videos, articles, or other media. The video's theme revolves around content creation for YouTube, with the speaker discussing how he and others create content to attract viewers and monetize their channels.

πŸ’‘Monetization

Monetization is the process of converting non-monetary assets into currency or revenue streams. The video discusses various monetization strategies used by YouTubers, including affiliate marketing, brand deals, and Google AdSense, to generate income from their content.

πŸ’‘Influencer

An influencer is an individual who has the power to affect the purchasing decisions of others because of their authority or credibility. The video touches on the idea that every influencer has a certain lifespan, suggesting that YouTubers must adapt and evolve their content strategies to remain relevant.

πŸ’‘Niche

A niche refers to a specialized segment of the market that has specific needs or interests. The speaker talks about identifying and creating content for different niches, such as business tutorials and website building, to cater to specific audiences and monetize those channels effectively.

πŸ’‘Search Engine Optimization (SEO)

SEO is the practice of increasing the quantity and quality of traffic to a website or channel through organic search results. The video mentions the importance of creating content that resonates with what people are searching for, indicating the use of SEO strategies to increase visibility and attract viewers.

πŸ’‘Team Management

Team management involves organizing, directing, and coordinating team members to achieve goals. The video discusses the speaker's approach to team management, including hiring practices and the use of technology to track productivity, emphasizing the importance of efficient team operations in scaling a YouTube business.

πŸ’‘Automation

Automation refers to the use of technology to perform tasks without human intervention. The video mentions the concept of building an automated social media business, suggesting that systems and processes are put in place to reduce the need for constant manual input, allowing for scalability and efficiency.

πŸ’‘Talent Management

Talent management is the process of attracting, managing, and retaining the best employees or contractors. The speaker discusses starting a company for overseas staffing, indicating a focus on talent management to find and work with skilled individuals from around the world.

πŸ’‘Tax Strategy

A tax strategy involves planning and organizing financial affairs to minimize tax liability while staying within legal boundaries. The video mentions the importance of investing time into tax strategy for business owners, suggesting that proper planning can significantly reduce tax expenses.

πŸ’‘Foundation

A foundation, in the context of the video, refers to a legal entity or charitable trust that is set up to support certain causes or activities. The speaker talks about having a private foundation that supports entrepreneurship in underserved areas, indicating a commitment to philanthropy and social impact.

Highlights

Charlie discusses the importance of side hustles and businesses, emphasizing the potential for significant income generation.

The average income per month from affiliate marketing is highlighted, with an example of earning $200k in a month.

Charlie's main source of income is revealed to be affiliate income, primarily through Amazon and consumer products.

The strategy of having multiple YouTube channels to diversify income and leverage different niches is explained.

Charlie Chang's main channel is identified as the majority revenue generator, contributing to a significant portion of the overall income.

The motivation behind sharing income reports and the positive community response to such transparency is discussed.

Charlie's content creation approach focuses on search optimization and providing value to the audience, rather than chasing virality.

The cost-efficiency of Charlie's video production process is highlighted, with an average cost of $200-$300 per video.

The use of teleprompters and other filming equipment in Charlie's video setup is detailed.

Charlie's team structure is explored, including the use of overseas talent and the efficiency of the team's operations.

The concept of 'Money Maker' videos is introduced, where a small percentage of videos generate a large portion of income.

Charlie's experience with brand deals and the process of working with brands is shared.

The potential of automated social media businesses and the courses Charlie is developing to teach this are mentioned.

Charlie's initiative in starting an overseas staffing company, Paired Recruiting, to help other businesses leverage global talent.

The importance of tax strategy for business owners and Charlie's personal experience with tax management is discussed.

Charlie's foundation and its focus on supporting entrepreneurship in underserved areas is highlighted.

The overall learning and insights gained from Charlie's approach to scaling a YouTube career and building a media business.

Transcripts

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I've done pretty much every side hustle

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or business in my life when I first saw

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it I was like okay he did like this

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month i' say the average is per like 60c

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integration I think every business owner

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or or um company should have okay I'm

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going to buy that one I'm the first

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customer let me know okay I feel that so

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many businesses in the past wow if you

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make a good amount of money and you're

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not I think it's like a big mistake I

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should have been doing that all the time

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I think a lot of people they stop way

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too early per

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[Music]

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month hey guys welcome to Silk and Val

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girl we have an amazing guest today

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Charlie is a YouTuber and he's one of

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the most honest YouTubers out here I'm

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going to show you the screenshots that

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I've been making the income that you're

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sharing so are you still doing this I I

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feel like you you used to do that a lot

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last year and like 2021

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2022 and when I first saw it I was like

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okay he did like 200k this month huh all

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right and and I started texting Charlie

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and asked him what is the main source of

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income and he said affiliate income for

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me my affiliate income last month is

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like

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$200 cuz I mostly link to Amazon and

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like you know consumer products and then

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I started to realize you mostly link to

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like Financial products right I want to

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talk about your source of income how you

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managed to have how many channels do you

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have now I think four main channels but

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we also have language channels for some

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of those channels oh interesting let's

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talk about that so Charlie Chang is the

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main channel right over a million

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subscribers uh how much in terms of like

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percentage of Revenue does it generate

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that one is I need to doing math it's a

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ma majority of majority okay and that's

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the when you post like okay whatever

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like

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180k uh most of that is affiliate right

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can you talk about what makes it up yeah

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so those income reports I think I saw

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doing them maybe middle of this year mhm

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just because I have to like calculate

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everything and then I was also talking

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to friends my family and I was like do I

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really want to share that much but when

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I stopped doing it a lot of people were

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like we want to see those income reports

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you can't imagine how motivating that is

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yeah I I could see it being very

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motivating but also can see some people

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being like Oh you know you're showing

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off that type of stuff everybody gets

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offended by everything this days but it

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they been so motivating for me

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especially because you see you know it's

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not like you're doing like Mr Beast type

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of work right it's not like you're

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getting 100 million it's what's the

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average amount of views that you're

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getting every month that I don't even

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know oh um for the main Channel maybe

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like over 1 million views over a million

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and you're able to get that much revenue

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right that's I think that's amazing yeah

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so most of it is I want to say right now

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I I probably should do my numbers better

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but uh maybe 80% is from the main

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Channel and then 20% is from uh my other

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channels okay but it's it's slowly

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starting to change okay and the the

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reasoning behind that the reasoning you

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start at other channels is that because

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you can introduce other hosts or yeah so

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I mean I really want to try to view my

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business as like a real business right I

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think a lot of YouTubers they they get

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into it just like I did just making

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content cuz they loved it um I've been

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making content since I was like I don't

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know 10 11 um but to build like a real

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business um you need to find other ways

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to leverage um and you can leverage

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other people's time

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um you can leverage other channels other

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means of like putting content out so

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that's just what I've been doing how

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they doing so the startup that you the

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startup Channel startup wise yeah

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startup Wise It's like like a 100 100

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views 1,000 views depending oh it's very

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all over the place I think some videos

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probably have like 50 okay one has 1

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million wow that's crazy yeah can you

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even predict that like how do you look

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at the views is there a kpi I so the

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whole way that I run is I don't expect

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to make money on every single video but

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I know that like 20 10% of

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videos they'll do really well right most

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videos I'll probably lose money or break

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even um but some of them are going to

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just for by luck by chance whatever it

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is just do really well those are like

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the big money makers okay and by Money

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Maker so the let's let's get back to

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like what income consists of affiliate

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you said number one right that's about

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50 55% 55 po like top three Affiliates

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top three Affiliates I don't know if I

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want to say exactly but I'll say the

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niche okay um business entity formations

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I think 80 plus AFF

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um every type of like like real estate

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license mortgage license Amazon FBA

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tools e-commerce tools um it's pretty

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split evenly after those two when you

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say real estate license mortgage license

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do you reach out to companies or how

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does that work or is there like specific

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website so I've been lucky because um

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I've done pretty much every side hustle

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or business in my life so a lot of these

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tools almost all of them I like used to

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use M and then I was like hey I can make

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videos teaching people what tools I use

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how to actually get that license or

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start that type of business um so yeah

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most of them are just tools that I

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personally used interesting and they pay

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good affiliate income yeah yeah uh and

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um I mean the base rates on them they're

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not always the best but once you start

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making content and building like a track

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record of conversions then I think it's

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a really good thing to reach out to them

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and build like a a personal relationship

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with their team and often times that can

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result in hire commissions um they might

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run ads to your videos so you get more

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traffic uh things like that interesting

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do you like for beginner YouTubers is

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there like a list of Affiliates that you

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can go to and search or it's just so I

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recommend just going to like share sale

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impact um those are like the two big

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ones that I use and just looking at

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trending and like best Affiliates on

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there that's a really good way to get a

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good list of things and then you can

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just basically go through those lists

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and think what things do I resonate with

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what do I have experienced in and then

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you can start making content that I

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think that's the most important thing

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when you do affiliate like use it first

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cuz otherwise it's going to be just

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weird like recomend you need to know the

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actual product otherwise it's just like

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you're not adding any value to exactly

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exactly so affiliate number one I guess

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Google AdSense or brand deals um I think

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usually it's brand deals after that yeah

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and then then AdSense um and then those

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are like the the biggest ones yeah and

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the channels that you've built that

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accumulate 20% of income so there

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startup related startup business yeah so

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startup wise is like a business

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tutorials for entrepreneurs um so we do

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a lot of like how to and reviews and

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stuff like that um those do well for

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affiliates

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um and then we also have my first

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website which we just started and that

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one's more geared towards like website

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hosting and website building MH

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interesting there's so many AI tools

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that are advertising now like you can

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use to build a website yeah yeah is

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crazy for websites right now so

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basically I I'm trying to get into your

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thinking process so you started CH

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changing the first channel and then you

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realized here are these niches that

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accumulate a little of income let's just

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make a separate channel for each Niche

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was that you thinking like my goal is

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not to post on the Charlie Chang Channel

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forever I feel like every influencer has

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some type of lifespan of I don't know

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let's say 5 seven years um if they get

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past that then that's awesome there are

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people that you know get past that but I

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I do want to build businesses that can

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sort of run without me but they still in

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a space that I'm pretty knowledgeable at

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which is like YouTube and video creation

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your place is just the perfect place for

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a YouTuber cuz you have all the light

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thank you you have all of the amazing

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but do you do shorts as well I do I do

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yeah all the locations for shorts and

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just see like how you can do so so many

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things how long have you been here I've

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been here for like a month and a half

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okay did you live in something similar

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before or I lived in another apartment

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which is only like a mile away mhm um

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and then we basically moved our stud so

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I used to have two places one was like

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my primary um and then one was a studio

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we basically moved the studio to this

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spot

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[Music]

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what's your role can you talk about like

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how Team Works how you find faces for

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the channel yeah so our team right now

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for the the YouTube business I think

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it's probably like around 15 people mhm

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um and everyone is overseas except for

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my uh coo oh where over overseas where

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uh mostly in Indonesia and then

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sometimes in like Philippines and nice

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so very low cost and efficient yeah I

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actually asked Charlie behind the scenes

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how he found those editors in Indonesia

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and it turns out he started a company

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helping people do that so he's looking

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for an editor for me right now just in

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case you're interested the link is in

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the description and then so just my CEOs

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here and then my uh hosts for the

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channels so I have I think I have two

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people that are currently like working

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as hosts M and they just film content

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for us how did you select them one of

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them was was a neighbor so my other

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that's convenient yeah um and then the

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other one I did a an Instagram post uh

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story and then they reached out and

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applied and then my coo that was my

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first hire ever I was super scared about

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that um I also found him on Instagram

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stories oh wow so I feel like if you

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have at least some type of audience and

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you're looking for a right-hand uh

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person just post on post to your uh your

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audience yeah I do the same same cuz

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they tend to know the channel they tend

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to know me my style how I work and I

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tend to hire people that are young and

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hungry I feel like that's better

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interesting versus like someone that has

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more experience yeah yeah that's true

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and you pay them per video right your

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host the host per video Yeah MH and then

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you have editors right I have a bunch of

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editors um we have short form editors we

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have long form editors we have editors

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that um edit exclusively for my main

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Channel and we also have edit is

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exclusively for the other channels as

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well how often do you do uh calls with

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your team do you even do them or I don't

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really do them it's mostly my coo that

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does MHM so how many calls in general

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would you have like in a week he'll

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probably

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Dobe like a few calls and then they'll

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do calls with other people do you uh

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jump on calls with brands that you work

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with yes if I don't do calls with Brands

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unless we finalize a deal mhm so it's

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mostly for like discussing how you want

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to see it Etc yeah who comes up with

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ideas ideas mostly me mhm um but my C

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also helps can you talk about your

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thought process what what is the next

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video to make yeah it's sort of random

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but I I think about like what people

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would search for if they're trying to

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learn something MH um but there's like

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it's all over the place I think about

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what people might be looking for I

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actively like go to like share sale

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impact think what affiliate programs

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resonate with my audience and make

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content about that uh I browse YouTube

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like the homepage a lot to see what

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other people are making yeah um I think

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that's that's mostly it sometimes I I

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will come up with a topic but I will

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start researching and if this topic

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doesn't do well in terms of use like

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maybe I can find a video that got 200k

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maximum and be like ah maybe there's not

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enough demand oh I see uh and I try to

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only do the topics that get at least a

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million that have gotten historically at

play12:31

least a million because I would probably

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do it worse than that so we'll get like

play12:35

20% of those views but 200k views is

play12:37

already pretty good yeah um I don't do

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that I so I don't really care how many

play12:42

views it gets some of my videos on the

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other channels they have like 50 views

play12:46

but I think like if you do enough like I

play12:48

said the 10 20% of them will just do

play12:51

really well and I I can't have a way of

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guessing which ones will do super well

play12:55

yeah interesting so your strategy is

play12:57

mostly through search right okay in this

play12:59

Niche what are they looking for let's

play13:01

make a video and I'm all about search I

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the the whole like going viral thing

play13:06

it's very stressful cuz then every video

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You're Expecting like okay I need to hit

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100,000 views whatever right with this

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approach it's it's just like we'll

play13:16

create good content that helps people

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and if it gets views it's that's great

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if it doesn't that's fine as well M

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what's the cost of a video have you like

play13:26

the average I haven't done the exact

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calculations but I want to say it

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depends if I'm filming it or if someone

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else is filming if someone else is

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filming it it might

play13:36

be maybe like $2 $300 per video mhm

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total with editors wow that's great who

play13:44

writes the

play13:45

script um either the host uhhuh or me so

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the host gets paid for the script and

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filming wow they do the research too oh

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you're super efficient two two to 300

play13:56

that's great yeah yeah wow and thumbnail

play13:59

do you have a thumbnail designer we have

play14:00

a thumbnail person um also in Indonesia

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or somewhere they are in I think they're

play14:06

in India or something mhm yeah but those

play14:09

are it's $5 per

play14:10

thumbnail yeah wow I'm very frugal okay

play14:14

let's talk about that now because I

play14:16

think if I calculated the cost of my

play14:18

well I have a whole setup this is

play14:20

different yeah this is different yeah

play14:21

but I mean like it's interesting because

play14:23

I my strategy is like let's get to at

play14:25

least 100K views uh and try to get there

play14:28

every time a film uh your strategy I

play14:31

like it too for your Niche especially

play14:33

because it's search and you know the

play14:35

conversion rates will be pretty high to

play14:37

your affiliate programs right right we

play14:39

use hubstaff which is one of my favorite

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platforms to like track productivity and

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track hours H staff interesting a lot of

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our people are hourly so so they they

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put in hours or like they switch on the

play14:51

app it starts tracking screenshots Etc

play14:54

yeah we do that we use time doctor yeah

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time doctor okay yeah and I find that

play14:58

works pretty well um we do that for a

play15:00

lot of our editors how many videos do

play15:02

you post on your channel and how many

play15:04

videos do you post on other channels

play15:05

that you're trying to grow the Charlie

play15:07

chain channel that one we probably do

play15:09

one to two videos a week M and then the

play15:12

all the other channels we've got to be

play15:15

doing like 5 to 10 a week probably mhm

play15:19

yeah and are they already profitable do

play15:21

they cover expenses running them um my

play15:26

first website were were not profitable

play15:29

yet mhm um but that's one that we just

play15:30

started so you can check so I I just

play15:33

wanted because my strategy now I just

play15:35

met a guy uh named Roman se he started

play15:38

as a YouTuber uh in India uh talking

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about exams that people take and then uh

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he realized he can't really scale it if

play15:45

he's teaching so he stopped teaching and

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started hiring other tutors to teach

play15:49

people the exams and then he realized

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okay that has to be like a bunch of

play15:53

channels and so he started I think 20 to

play15:56

30 channels and his company is valued at

play15:58

a 2 billion or like 3 billion now yeah

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they raised 250 from Black Rock and they

play16:05

built the whole structure so they sell

play16:06

their own courses through those channels

play16:08

and he's no longer the face of it and I

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met him half a year ago and I was like

play16:13

okay I should have been doing that all

play16:15

the time that's crazy what's your

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criteria for stopping or have you have

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you abandoned any ideas any channels oh

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I've I failed at so many businesses in

play16:25

the past um pretty much everything I've

play16:29

tried at least once M uh for now I have

play16:33

very high conviction on the things I'm

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doing so I don't think I'm going to stop

play16:38

I think like if I keep going then at

play16:41

some point it's going to do well and if

play16:43

it doesn't then that's fine it's worth

play16:45

taking a shot yeah but like how it's

play16:47

it's just interesting 20 videos yeah

play16:49

that makes sense 30 what if it's 150

play16:52

videos and it's still not profitable and

play16:54

you see like you're spending $1,000 each

play16:56

month but it's still not 150 I'd start

play16:59

getting a little bit worried probably

play17:01

yeah maybe like 150 200 I'd be like if

play17:04

this is actually not doing that well

play17:07

then um yeah I'll shut it down but I'm

play17:10

pretty calculated and like I don't think

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I

play17:14

would invest that much time and energy

play17:16

into something that I didn't think was

play17:19

like guaranteed to succeed if I just put

play17:21

in a lot of effort what am about if if

play17:23

one video is like $200 to

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$300 what's the investment for the

play17:27

channel to start becoming profit

play17:29

in your so startup wise yeah I wish I

play17:33

like record this stuff better um startup

play17:35

wise was profitable probably after a few

play17:38

months mhm say it's like 10 videos or

play17:42

yeah some probably something like that

play17:43

right great I think a lot of people they

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stop way too early um and it's just

play17:48

because like every business it's going

play17:49

to grow like this and then at some point

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you're going to start hitting like that

play17:55

curve and then it's going to do really

play17:57

well I think most people just aren't

play17:59

patient enough yeah but it's great to

play18:01

hear that that channel is already

play18:03

profitable the startup uh startup wise

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cuz it's the numbers they're like they

play18:08

look very encouraging uh because for any

play18:11

other Niche we' be like okay if it's if

play18:14

a video gets like 200 views yeah maybe

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it's not doing well but it's great that

play18:18

you for me 200 views is that's chill

play18:20

yeah yeah do you get any conversions

play18:23

from like a 200 view video to to

play18:26

Affiliates usually yes wow yeah it's a

play18:30

very different game than than like the

play18:32

viral content for the general audience

play18:34

right that one for zero conversions for

play18:37

sure but for very specific and targeted

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people that are searching for something

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who are like on the what's the word

play18:44

precipice of buying something or signing

play18:47

up for something then yeah the

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conversion is just way way higher this

play18:51

is the this is one of the YouTube rooms

play18:53

so we do a lot of filming here um we

play18:56

have this like green screen m

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and you know what I found out is like I

play19:02

can film a whole YouTube video like with

play19:05

a backdrop just with this yeah and then

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your editors will just replace it yeah

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and it looks like I'm in the other spot

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and you will just do backdrop of like an

play19:16

office building or well we'll just use

play19:18

the backdrop um of actual Studio oh okay

play19:21

actual Studio from a from different

play19:22

video or something yeah but I feel like

play19:24

you have such a perfect spot for filming

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outside this room you just do but I like

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search up I don't want there to be like

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a nice view in everyone I feel like it's

play19:32

also a little bit less relatable I don't

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know I I I like watching content where

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it's like just a desk in the background

play19:40

like something simple um so this is one

play19:43

of the setups setup and you use theele

play19:46

promer I do yeah for every video no um

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this is mostly for uh integration script

play19:55

reads and then

play19:57

sometimes some of our videos I'll have

play20:00

an iPad here and we'll basically have my

play20:02

computer and I can see what's on my

play20:06

screen like on here yeah so it's like

play20:09

flipped in the in the iPad but then if

play20:13

you do if you're writing from uh sorry

play20:15

reading from a script it's going to be

play20:16

on your iPad and you just script I

play20:18

actually prefer just using my phone and

play20:20

you put here I'll just put it like this

play20:21

which app do you use I used um let's see

play20:26

prompt smart Pro promp Smart Pro okay

play20:28

and this is glad gear this looks good I

play20:30

prefer that cuz it's like thinner so

play20:31

your eyes aren't moving as much it just

play20:33

looks more natural guys I tried but I

play20:36

tried like a very small telepromter that

play20:38

is made for for the phone and it was so

play20:40

inconvenient so I just stopped it you

play20:42

need one that can auto scroll for you

play20:44

yeah like it SS with the voice yeah yeah

play20:47

oh like it hears your voice yeah oh and

play20:50

that's the app that you're using right

play20:51

yeah okay I'm going to rewatch this

play20:53

video Just Smart pro thank you cuz I did

play20:56

I did a Fidelity collab and they asked

play20:58

me to read it they're like you have to

play21:01

be like I try to replace words like no

play21:04

no it has to be like word by word and I

play21:07

didn't I couldn't use the telepromter

play21:09

cuz I couldn't so were you just

play21:10

memorizing it like I used to do that

play21:13

this is a music studio and this is like

play21:15

another room where we do music and then

play21:18

workstation also film here do you play

play21:20

the guitar yeah and and the piano yeah

play21:23

did you learn when when you were a kid

play21:25

yeah I learned piano when I was a kid

play21:27

and then I learned guitar when I was in

play21:29

high school nice yeah wow and I'm also

play21:31

learning how to produce music so we have

play21:33

like this

play21:34

whole music recording desk right here do

play21:37

you sing I don't personally sing no we

play21:40

need to record a track together CU I

play21:42

sing I sing you sing yeah I just I just

play21:44

interviewed a guy yesterday his name is

play21:46

Dave and he has a music studio they

play21:48

record Jason dulo uh Selena Gomez like

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all the top top top uh and he's going to

play21:55

record me as a gift they very excited

play22:00

okay okay I probably won't be as

play22:02

professional as that cool and and also

play22:04

he shared the strategy that celebrities

play22:07

record three songs every day three songs

play22:09

every day yeah they so Jason comes to

play22:11

Studio they give him uh they give him

play22:13

three songs from the production and he

play22:15

just sings them he records like 90 songs

play22:18

every month and maybe one or two goes

play22:20

live I didn't know that oh that's smart

play22:22

okay that's cool so yeah volume game a

play22:25

few of them will do well them they don't

play22:28

post all of they're like listen to them

play22:30

and if it catches the vibe and like they

play22:32

they think it's going to be a hit then

play22:34

they release it smart but they also like

play22:36

how talented you have to be if you can

play22:39

learn three songs in like an hour and

play22:42

just go sing them that cuz I need to

play22:44

rehearse like for 3 months before

play22:47

actually singing can you talk about

play22:49

working with brands do you reach out to

play22:50

them yourself or you just work with

play22:52

incoming I should be have I should hire

play22:56

someone to do Outreach I have anyone

play22:59

doing that right now I basically just

play23:01

work with brands that email us um we

play23:03

also work with a bunch of different um

play23:06

agencies that send us deals when they

play23:07

have them but it's all like

play23:09

non-exclusive mhm how many deals do you

play23:11

get a month uh recently it's been good

play23:14

amount

play23:15

maybe four to six a month to your

play23:18

Channel or to all the channel to the

play23:19

main channel to the main channel so we

play23:21

rarely do brand deals for the other ones

play23:23

just cuz like the views are super

play23:25

inconsistent right uh I think it just

play23:27

works better for the main

play23:28

got it can you share like the amount

play23:30

you're charging from to like the average

play23:33

yeah I'd say the average is 8 to 15K per

play23:38

like 60c integration that's great that's

play23:40

great that is awesome so okay we talked

play23:42

about Affiliates brand deals AdSense any

play23:45

other source of income well I'm trying

play23:47

to grow um like the courses right now I

play23:51

don't I barely sell any courses but

play23:54

we're building one right now that

play23:55

teaches people how to build like an

play23:57

automated social media business behind

play24:00

their company okay I'm going to buy that

play24:01

one I'm the first customer let okay cuz

play24:04

I'm learning like how do you I'm

play24:06

learning about what you're doing I just

play24:08

started doing that and I'm super like I

play24:10

think every business owner or um company

play24:13

should have a mediate business behind

play24:16

their company right yeah and also

play24:17

automated not just make the owner be in

play24:19

front of the camera 24/7 yeah yeah you

play24:22

can make a bunch of content maybe

play24:23

filming one or two hours a week M uh you

play24:26

just need the systems in place you need

play24:27

the team in place place um and that sort

play24:30

of like led me to another company we

play24:32

started is paired recruiting which is

play24:34

like our overseas staffing company that

play24:36

my business partner I started we're like

play24:39

we both have overseas Talent we're like

play24:40

this is the

play24:41

biggest like life hack yeah right

play24:44

business hack ever so we just started

play24:46

doing that for other people that's been

play24:48

doing really well that's the best let's

play24:50

wrap up this conversation by talking

play24:51

about your team I know you mentioned you

play24:53

you wanted to share like what's the best

play24:55

place to hire but do you know how much

play24:57

it costs you to run the team my team

play25:00

right now costs

play25:03

um

play25:06

15 15 to 20K per month that is amazing

play25:11

yeah okay I need to learn for you yeah I

play25:13

I Tred and run my team extremely lean

play25:16

and profitable yeah so like our margins

play25:19

are pretty good like they used to be

play25:21

like 95% plus now they're probably

play25:25

like 95% plus you mean rough

play25:28

like yeah cuz like if you leverage

play25:32

overseas talent and if you have a system

play25:35

and are efficient with your stuff then I

play25:37

feel like you can have a very very

play25:39

profitable like media business depends

play25:42

if you take into account like office

play25:44

rent and other things but our our um

play25:48

Workforce it's it's still under 10% wow

play25:53

yeah taxwise what do you do taxes I got

play25:56

screwed last year yeah if you make a

play25:58

amount of money and you're not

play26:00

investing at least like 5 10% of your

play26:03

time into tax strategy and stuff like

play26:06

that I think it's like a big mistake

play26:07

this is a mistake I made last year also

play26:10

this year cuz I got too lazy with it m

play26:13

but for most business owners like your

play26:15

taxes are your biggest expense right

play26:17

yeah um and there's a lot of things you

play26:20

can do to pay less taxes legally uh

play26:23

whether it's like invest more into your

play26:25

business retirement accounts um um we I

play26:30

have a foundation U like a private

play26:32

Foundation that I can donate money into

play26:36

um what does it support it supports

play26:39

entrepreneurship in like unders served

play26:41

areas wow do you manage it yourself so I

play26:44

do but we just hired a company to sort

play26:46

of manage the whole Foundation how do

play26:48

they like how do you select where the

play26:49

money goes to or do do come we're trying

play26:52

to we've been trying to do um grants

play26:55

like individual grants but that's pretty

play26:57

hard for the compliance stuff M so we're

play26:59

trying to figure out a better way to

play27:01

disperse the money cuz with a foundation

play27:03

like that you need to spend 5% of the

play27:07

net Assets in that Foundation per year

play27:10

so it can go to like administrative cost

play27:13

it can go to running the foundation it

play27:14

can go to Grants um stuff like that

play27:17

interesting that's just one of them

play27:19

there's that's interesting I've never

play27:20

heard anything like that but that sounds

play27:23

amazing wow this has been amazing thank

play27:25

you so I've learned so much I hope you

play27:27

guys learned a lot because yeah I think

play27:29

it's what is what everyone is thinking

play27:31

about like how do I scale my YouTube

play27:33

career thank you it was amazing thank so

play27:35

much wow wow thank you yeah and

play27:37

hopefully hopefully see you again around

play27:39

and hopefully next year you buy

play27:40

something yes yes great awesome

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