Recently, I was speaking to a co-worker about a company that has all of their training on YouTube for free. I told my co-worker, you know they receive a check from YouTube right? She was dumbfounded. I explained to her after so many subscribers and hits, YouTube cuts a check. They have advertisers so they have ad revenue and share that revenue with popular for lack of a better word, YouTube phenoms.
Ironically before seeing this particular article below, my son and I were speaking about YouTube and people especially children making money from YouTube. Our concern, my son likes to spend money I need to turn his focus to earning money and more importantly making money. "There is a difference in earning money and making money. For example, banks make money. I was told to do what banks do, be the bank, MAKE MONEY!" How is this making money you ask? Well, you do something 1 time and you get a residual income making money from it over and over again. How is it not earning money. Earning money is when you work at a job, you work 8 hours you get paid. If you don't work you don't get paid.
Here is some information on people utilizing YouTube and profiting from it:
The Richest YouTube Stars http://www.businessinsider.com/richest-youtube-stars-2014-3
How many views does it take to make money on YouTube? http://videopower.org/how-many-views-to-make-money-on-youtube/
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