How to Start a YouTube Business in 2024

Pro Business Plans
4 min readJul 22, 2023

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Last Updated: 12/17/2023

Starting a YouTube Business: The Complete Guide

Hey there! Starting a business on YouTube is an awesome idea. With over 2 billion people watching videos on the platform every month, there’s a huge opportunity to grow an audience and make money doing what you love.

I’ve helped tons of people start successful YouTube channels from scratch, so let me walk you through the steps to get up and running.

Choose a Niche That You’re Passionate About

First things first — decide what kind of videos you want to make. Cooking? Gaming? Comedy? Think about your interests, skills, and experience.

Do some research to make sure there’s demand for content in that niche. No point in making videos no one will watch! Once you’ve picked a lane, get hyper-focused on topics and styles within that niche. This will help you stand out in a crowded field.

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Set Up and Customize Your Channel

Time to create your channel and brand it with a catchy name, logo, and design that pops.

Fill out your “About” section to tell your story and connect with viewers on a personal level. Show them what you’re all about!

Organize your channel homepage neatly with playlists, featured videos, and other sections that make it easy for viewers to find your best content.

Make Quality Videos on a Consistent Schedule

Here’s the key — regularly publish new videos your audience loves. Start with a realistic schedule like 1–2 videos a week.

Spend time making great thumbnails and titles that get clicks. Keep videos 3–12 minutes long and packed with value. Invest in a decent camera and mic — production quality is important.

Stick to your schedule consistently. YouTube rewards commitment!

Spread the Word Far and Wide

You made some killer content — now get out there and promote it! Share your videos on social media, forums, email lists, and anywhere else your audience hangs out online.

Collaborate with influencers in your niche to tap into their built-in audience. Run creative contests and challenges to get viewers engaged.

Make That Money, Honey

Once you’ve built an audience, it’s time to cash in! YouTube ads, affiliate marketing, sponsorships, merch, and more — diversify your money-making strategies.

Stay tuned into your analytics to see what content resonates and what could be improved. Refine your approach over time.

With consistency and persistence, you can absolutely start a profitable YouTube biz doing what you love. Believe in yourself and get out there — your audience is waiting!

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YouTube Financial Forecasts

Startup Expenses

Example Startup Expense Breakdown for a YouTube

Monthly Operating Expenses

Example YouTube Operating Expenses

Revenue Forecast

Example YouTube Revenue Forecasts

FAQ

How much does it cost to start a YouTube channel?

Starting a YouTube channel is free. All you need is a Google/Gmail account to set up your basic channel. Investments you may want to make include camera/equipment, editing software, and optionally hiring a designer for branding assets. But you can launch and start creating & uploading videos at no cost.

What equipment do I need for filming YouTube videos?

At minimum you’ll need a decent camera — ideally a DSLR with HD video capabilities like the Canon 80D or Sony a6000. For audio, use an external microphone like the Blue Yeti instead of your camera’s built-in mic. Additional equipment that’s helpful includes lighting, tripod, editing software, and accessories like lenses.

What should I upload for my first YouTube videos?

It’s smart to start by uploading a short introductory video that gives viewers a quick sense of your channel niche and what kind of content to expect. From there focus on core topic videos around 3–7 minutes long that deliver value and cater to search/browse traffic seeking information in your niche.

How often and on what schedule should I upload videos?

YouTube rewards consistent uploading. Aim to establish a regular schedule such as posting 1–2 times per week to start. Schedule videos to publish in advance. Later once you build an audience you can increase frequency. Mapping out a 3–6 month content calendar helps you plan and create on schedule.

How do I get more views and subscribers on YouTube?

Optimize your titles, descriptions and metadata for SEO best practices. Promote new uploads on social media. Collaborate with others in your niche. Feature playlists to encourage binge watching. Ask viewers to like, comment, share and subscribe. Analyze your analytics to make data-driven improvements. Traffic takes time — stay persistent.

How much money can you make on YouTube?

Income potential varies widely based on factors like niche, viewer base, production quality, and monetization methods. Many factors are involved, but top creators can make anywhere from several hundred to several thousand dollars per month. Building a diversified income from ads, sponsorships, affiliate sales and more is key.

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