5 Common Factors Of Startup Failure

Business Success Or Failure

There are a thousand and one factors that may cause a great business to collapse but in this article, we are looking at the most common among them.

Bad Location
It's an interesting question: Why cities become startup hubs, but the reason startups prosper in them is probably the same as it is for any industry: that's where the experts are. Standards are higher; people are more sympathetic to what you're doing; the kind of people you want to hire want to live there; supporting industries are there; the people you run into in chance meetings are in the same business.

Marginal Niches
When you choose a small, obscure niche in the hope of avoiding competition, you are heading for disaster.

If you watch little kids playing sports, you notice that below a certain age they're afraid of the ball. When the ball comes near them their instinct is to avoid it.

So,  the solution may be to think about ideas without involving yourself. What would be a great idea for someone else to do as a startup?

Slowness In Launching
Startups make all kinds of excuses for delaying their launch. Most are equivalent to the ones people use for procrastinating in everyday life. There's something that needs to happen first.

One reason to launch quickly is that it forces you to actually finish some quantum of work. Nothing is truly finished till it's released; you can see that from the rush of work that's always involved in releasing anything, no matter how finished you thought it was. The other reason you need to launch is that it's only by bouncing your idea off users that you fully understand it.

 
Launching Too Early
Launching too slowly has probably killed a hundred times more startups than launching too fast, but it is possible to launch too fast. The danger here is that you ruin your reputation. You launch something, the early adopters try it out, and if it's no good they may never come back.

So what's the minimum you need to launch? We suggest startups think about what they plan to do, identify a core that's both (a) useful on its own and (b) something that can be incrementally expanded into the whole project, and then get that done as soon as possible.

Spending Too Much
It's hard to distinguish spending too much from raising too little cash. If you run out of money, you could say either was the cause. The only way to decide which to call it is by comparison with other startups. If you raised five million and ran out of money, you probably spent too much.

Burning through too much money is not as common as it used to be. Founders seem to have learned that lesson. Plus it keeps getting cheaper to start a startup.
Sacrificing Users To (Supposed) Profit

The companies that win are the ones that put users first. Google, is an excellent example. They made search work, then worried about how to make money from it. And yet some startup founders still think it's irresponsible not to focus on the business model from the beginning. They're often encouraged in this by investors whose experience comes from less malleable industries.
Let these tips guide you to success.

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Revealed!!! How You Can Now Cash The Money You Earn From Fiverr In Nigeria

Step-by-step guide

When in 2010 SuccessDigest published the money-making opportunity on Fiverr, many Nigerians were just hearing that name (Fiverr) for the first time.             

Fast-forward to 2012, and it is surprising that only a handful of young Nigerians are still on Fiverr. On a closer examination, we found out that there are two major reasons responsible for the low number of Nigerians on Fiverr.

The first reason is that most people still don’t understand what Fiverr really is, and how to earn money on the platform.

The second reason is that even among those few who understand how to make money on Fiverr, many have problems with withdrawing their earnings from Fiverr, as Fiverr earnings are paid into your Paypal account. And as we all know, Paypal is not Nigeria - friendly at all.

This article is written to address these two challenges that are preventing Nigerians from making stress-free money consistently on Fiverr.com. After going through this piece, any Nigerian with a computer and an internet connection at home should be able to register on 
Fiverr.com, earn some money and withdraw the money with an ATM card right here in Nigeria. Yes, withdraw the money with your ATM card!

So let’s get started, by explaining what Fiverr really is, and how to earn money on it…

What is Fiverr?

Fiverr (www.fiverr.com) is a website where people who are skilled in their own way can generate income. This means that anybody can be a part of the ever growing body of individuals who are making money with Fiverr, including you. Yes you!

How Does One Earn Money On Fiverr?
The main concept is that you are to sell your services at Fiverr, and people who are interested in your services (services being offered are termed ‘gigs’) will eventually hire you, and you will be paid $5 (Five US Dollars) for each gig that you provide.

How To Get Started With Earning Money On Fiverr

 Getting started on Fiverr is as simple as ABC. All you need to have is your computer and internet connection. Then follow these simple steps to start right away.

 Step 1: Open your browser and visit www.fiverr.com.  When the Fiverr website opens, click on the ‘Join’ tab at the top right hand corner of the Fiverr home page; doing this will take you to the registration page.

Step 2: Fill the registration form with your details, e.g. email and password, and click on submit. Thereafter, Fiverr will send you an email for confirmation.

Step 3:  Log into your email, and open the email that Fiverr sent to you. You will see an activation link in the email; click on this activation link to confirm your registration.  Clicking on this activation link means that you have successfully registered on Fiverr. 

After registration what next?
Good question! Now that you have registered an account on Fiverr, the next thing to do, is to list out things you’re skilled at and are willing to offer as service on Fiverr for $5?
It is at this stage that some people start getting lost. But before you get lost too, let’s bail you out.

The truth about Fiverr is that you can offer to do just about anything for $5. At first look, getting paid $5 for your services might seem unfair, but once you start attracting multiple clients who are interested in your gigs, then your earnings are sure to explode.
Now, as for gigs, you can create different gigs which you think are “sellable”. You need not worry about the kind of gig you can sell, simply because you can sell just about anything.

Below are some of the hot and fast-selling services you can offer for $5 on Fiverr:
Article Writing, Advertising, Banner Design, PLR Products, Blog Creation, Backlinking, Music And Audio Production, Tips And Advice , Social Marketing, Solo Ads, Video Creation, Graphic Design, Programming, Search Engine Submission, Video Testimonies, and lots more…

As you can see, there are many gig categories in which you can make your own gigs. From the outrageous to the most romantic; and from funny ideas to the most interesting gigs, you can surely have your own and sell it for $5.

Consequently, for you to make money with Fiverr, you can consider these step by step ideas to make your gigs popular and sellable.

Step 1 – Identifying Your Skills
Remember that your skills are your investment in creating and selling a gig at Fiverr. This is the reason why you need to identify your strengths and your skills. This means that you have to know your best abilities in making just about anything.

You don’t need to be a graduate in college or in any university here. All you have to do, is to bring out your best skills and make a gig. For example:
• If you have a good voice, offer a song, using your skills in singing
• If you are an expert in drawing and painting, offer your skills in drawing; using pencils, water color, paint brush, etc
• If you are an expert in video making, offer videos that will benefit customers, or make videos for them
• If you are an expert in computer graphics, offer graphics designing for web pages
These are just some examples of services you can offer, depending on your abilities; furthermore, you can surely use your abilities to earn more than $5 at Fiverr.
Always remember to focus on your strengths in creating your gigs; and that your brands quality can be identified once you have started implementing.

Be unique: create your own unique gigs at Fiverr, and people who are interested in your “Fiverr masterpieces” will greatly reward you.

Moreover, you have to make sure that the gigs you have created should also be implemented within a ‘customer friendly’ time frame. This is to provide you and the client a better relationship.

In case you don’t know when to start creating your gigs, you can visit Fiverr.com, and search for relevant ideas which you can use as your reference in creating your own gigs. However, you have to make sure that your gigs are unique in a way that you don’t have any competition over at Fiverr.

Step 2 – How to Post a Gig
Remember that in posting your gigs, you can start by using the phrase “I will”. Some examples of the gigs that you can create and post over at Fiverr are:
 “I will write and sing a romantic love letter for your girlfriend/boyfriend and post it on your Facebook account for $5.”

 “I will pray for you online and you’ll be healed for $5.”

“I will write notes, quotes, and even love letters for you in 6 different languages for $5.”

 “I will compose any type of song for you, and send it over to YouTube for $5.”

 “I will make a birthday cake for your pet dog from dog food for $5.”

 “I will predict your future using my Feng Shui expertise for $5.”

Remember that prior to posting your gigs, you have to create your very own gig. This means that you have to be creative in a way that online visitors will be interested in what you offer them.

Another excellent point you have to remember here, is to link to your website (if you have one). If you do this, customers can directly go over to your website, and that may add to your marketing power.

Besides this, you also need to have an excellent portfolio. This is an important factor customers would consider, since it will determine your expertise at Fiverr, and portray your gigs in a professional way.

Step 3 – Upgrading Your Gig

Always remember that with Fiverr, you can also upgrade your gigs to make more money. The best thing Fiverr has provided as at this moment is the opportunity for you to make more money, by upgrading your gig business. How?

Fiverr introduces Fiverr Levels. This is an offer ingeniously mastered by the owner and administrators of Fiverr, in which you have to level up to access the different tools that will aid you in making more money…and this is at your disposal.

Fiverr levels are broken down into:

1st level sellers – Gig sellers who have created 10 orders can access the first level of tools provided by Fiverr. Excellent track ratings provided by the seller is a must to gain this level, besides the orders.

2nd level sellers – Once gig sellers gain at least, 50 orders (with excellent track ratings), added tool features can be accessed to easily level up their money making endeavors.

3rd level sellers – This is the top level in which you can be considered a “Fiverr Rockstarr”. However, you can attain this level, once Fiverr moderators chose you. Consequently, your best performance and ratings are evaluated here, and this is their basis in choosing you as a “Fiverr Rockstarr”.

The excellent benefit you can achieve in this level is to access more tools in making money; you could even get VIP support.

Keep in mind that this is just another way you can upgrade your money making endeavors at Fiverr.

Another good way for you to upgrade and make more money besides Fiverr Levels is for you to create multiple gigs. However, you should also know that you can only post up to 25 gigs. 

Well, this is just fair, since you also want to leave some space for others, especially for newbies.

Additionally, to further upgrade your gig deals, you have to provide a clearer representation of your gigs. For instance, if your gigs are about videos, all you have to do is to create high resolution videos for your customers. Also, if you are into writing, you have to provide higher standards in your content, to satisfy your customers. By upgrading your gigs, you have a better chance of earning more money on Fiverr.

Once you have provided a gig to your customers, you can offer them added features to your offered gigs. For example, if your offered gig is about writing eBooks, all you have to do is to offer them added features about the eBook, such as the second part of the eBook topic. With this, you can add $5 more into your pocket.

Step 4 - Provide Good Customer Service

One of the most important aspects you have to implement every time you offer your gigs is to provide excellent customer service. This is a must if you want to gain more customers, and to gain their trust as well.

Always remember that in having transactions with your customers, you should always be polite and be honest. In this way, you will have better relationships with them; you will end up getting excellent feedback from them. Endorsements of your service will be posted on your Fiverr profile, and you will gain credibility.


Now to add more “reputation points” on your part, you may also want to ask for testimonials from your customers. Remember that you can only ask permission with regards to testimonials once you have good rapport with them.

You also need to be polite enough in asking your customers for testimonials, since it is “in their hands” to provide testimonials that will be enticing to other customers who are interested in your sellable gigs.

Step 5 – Rinse and Repeat

After you have created your gig and made a lot of money with it, you can still implement the “rinse and repeat” method. This means that you can create another gig, or resell your gig over at Fiverr, and earn more money.

However, with regards to creating another gig, you have to think of effective ways of how you can enhance your skills.

It is an excellent idea that you also “think out of the box” and make a gig that is unique from your previous gigs. In this way customers will be thrilled with your new offers to them, and they will eventually get more from your offered services.

Fiverr offers each individual - who has unique abilities in creating a gig - opportunities to earn a hefty amount of money. The $5 worth of income you can get from Fiverr will be multiplied exponentially, once you have the skills for creating more gigs; and this is the benefit you get once you join this money making website.

Once you have provided an excellent work to your buyer, you can still gain added reputation and income, if you offer upgrades with regards to your finished gigs with them. Just ensure that you have provided excellent customer service to undoubtedly satisfy your Fiverr customers.

Withdrawing Your Earnings From Fiverr
So, now that you really understand how Fiverr works, let’s quickly address the other challenge that is preventing Nigerians from earning money from it, which is: withdrawing their earnings from Fiverr.

Before now, Fiverr earnings were only paid through Paypal. Unfortunately, withdrawing money from Paypal account is like a ‘mission impossible’ for many Nigerians. But, with the recent introduction of Fiverr Mastercard, courtesy of Payoneer, you no longer need Paypal in order to withdraw your money from Fiverr.

 All you need to do to withdraw your earnings from Fiverr is to request for your own Fiverr Mastercard. When your Fiverr account gets to level 2, the card will be shipped to your Nigerian address, with your name boldly written on it.

 With this Fiverr Mastercard, you can easily withdraw your Fiverr earnings from any ATM that accepts Mastercard anywhere in the world. As it is now, you no longer have any excuse for not making money on Fiverr.

 Still not sure if Nigerians are making stress-free money on Fiverr? We spoke to some young Nigerians (most of them undergraduates) making lots of money on Fiverr. Below is what they had to share on their experiences on Fiverr. Read and learn….


Olaide Alim, 26 year old undergraduate of the University of Ibadan

I heard about Fiverr in 2010, in an article written by Ronald Nzimora in SuccessDigest. I didn’t really take it seriously until I read a series of eBooks on the same topic.

I got a lot of ideas from Warrior Forum, Blackhatword, digital point forum, and so on. Since then, Fiverr has been one of my surest sources of income.

My challenges as a beginner
At the beginning of my Fiverr journey, I could not earn a dime for over 3 weeks. I became confused. Then I went on Youtube.com, and searched for proof of people who were making money from Fiverr.com. I wanted to be sure that people were indeed making money from Fiverr.

I saw a lot of video testimonials of people logging into their Fiverr accounts with a lot of money inside. I watched the videos, and I became convinced that people were indeed making real money on Fiverr. I re-strategized, added more gigs to my account; and by the second day, orders started coming in. I have since earned over $7,000 from Fiverr.com.

 I will like to seize this opportunity to thank the Publisher of SuccessDigest, Dr Sunny Obazu-Ojeagbase, and the editorial team for the wonderful job they’re doing on this business newspaper.

 SD has helped me in so many ways. I got to know how to create multiple streams of income through this amazing business newspaper. I have quite a number of businesses I’m doing that are bringing money to me on a daily basis. 

I am currently in my final year in the University of Ibadan, and I don’t even plan to work for anybody after my graduation, because SuccessDigest has shown me what I can do to create multiple streams of income that will cater for all that I need.
I see SD creating many (entrepreneurs), and young millionaires, just like is happening in the USA. With what SD is publishing, serious minded Nigerians can now earn more than bank chief executives, by working on their own.

Oluwaseun Ogundele,  20 year old undergraduate of Afe Babalola University, 
Ado-Ekiti

 The first time I heard about Fiverr was year 2010, on Warrior Forum. I saw a lot of international internet marketers talking about how they make money easily from it. So I decided to give it a try. I set-up an account with fiverr.com, and in less than 12 hours I started making money from Fiverr.

My challenges as a newbie
The only challenge I had was with the payment method which is Paypal, but because I’m an experienced internet marketer, I was able to withdraw my money from Fiverr with Paypal. Another challenge is that if you want to make real money on Fiverr, not just $5 or $30 but $500 to $1,000 monthly, you have to be online everyday to fulfill your orders.

Nowadays, I make an average of $1,000 monthly on Fiverr. The reason why it is so small is that, I don’t have time for Fiverr again, due to my giant projects in academics and in business.

I am what I am today at my tender age as a result of reading SuccessDigest. I would like to seize this opportunity to advice newcomers to stop searching for the latest way to make money online, and instead stick to a proven online business model that has made other people successful.


Adetunji Gbolagade, 27 year old final year student of University of Ibadan

I heard about Fiverr for the first time ever, around 2010. I read about it in an article published in SuccessDigest. It was the first time ever that SuccessDigest published anything on Fiverr, because Fiverr was very new then.


My challenges as a newbie
Being creative is the key to Fiverr success. I had many services I was able to render on Fiverr with ease, although they aren’t worth just $5. They included:
-Opening of Adsense account
-Opening of CPA lead account
-Website designing

The major challenge I had then, was how to withdraw my earnings, since Fiverr only used Paypal.


 My account Bestgigever, made me exactly $3,280 before it was blocked. Gigoftheyear made me $2,800. Backlink_seo_8 made me around $3,600. I think in all my Fiverr escapades, I have made well over $10,000. In all honesty, I have made a bit above N2,000,000 from 

Fiverr since I started it about 2 years ago.

SuccessDigest animated my dream of being self- employed. I consumed SuccessDigest like ice cream. I wonder if I would’ve been who I am today if I had not encountered SuccessDigest. This couldn’t have been possible if I had not stumbled on the SD edition in which Fiverr was discussed.

Conclusion
Irrespective of your education, background, color, etc., as far as you have your pc and internet connection, you can earn as much as you want from Fiverr.com by just following the simple steps we have laid out for you above. Wishing you success!

Another Testimony From A Renown Nigeria Internet Marketer:Living A Fulfilled Life With Internet and Information Marketing Business

Henry Omenogor

If you have been reading SuccessDigest Extra! for sometime, the person of Henry Omenogor wouldn't need any introduction to you. Almost in every edition of the paper that is published, his advertisements usually appear.

The consistency with which he advertises his Internet and information marketing business can only be, without doubt, a reflection of how solid his business is in the nation's fledgling information marketing industry.

As an established business owner, who had the courage to pursue his dream of owning his business from the information and guidance of SuccessDigest, and whose business is now not only providing him comfortable means of livelihood, but also impacting the lives of hundreds of Nigerians across the country positively, Henry Omenogor is deserving to grace our hall of Fame this week.

Henry's exposure to the Internet came several years ago when he was working for Simba, a computer marketing company representing Comet Technology UK in Nigeria. One of his duties was to be sending emails to Nigerian computer companies, informing them of their offers and directing them to their website to get more details of products and thus place order.

This was email marketing, and Henry was amazed to see how effective it was for their sales.

By the time Henry made contact with SuccessDigest and began to Iearn about making money on the Internet, he was convinced Internet and information marketing business held immense opportunity for him to make profit, and he was determined to go into it. From working at Simba, he was able to identify a lucrative niche he could tap into:

'Once I discovered the beauty of the Internet with my experience at Simba, I reasoned that if a company can have a website with office in UK and market 'their products globally, then there is the likelihood that Nigerian companies will like to have websites too.

Then I started researching on how to become a web developer. While at Simba, I learnt how to use FrontPage to design websites and later, I resigned to start my Web design and hosting business as well as a computer training service,” he explained.

Leaving his comfortable job to start a website design and hosting business, an uncharted terrain he had not much experience about was a big risk, but it was a decision strongly propelled by his total belief that it would succeed.

With this mindset, Henry was determined never to give up; he was bent on putting in all he could do to ensure the success of his business. However, two years into the business, the worst happened.

“Two years after I started my business, it collapsed. I sold all my properties, including my car and started from scratch again. I could not pay my office and house rents, as well as other bills,” Henry recalled.

Although down, he was certainly not out; his positive mental attitude was still intact.

“But I have a belief system that there is a purpose why God created me, that I have potentials; that God has created everything I need to bring that purpose to reality. All I need to do is to study and watch those who are doing it and make them my mentor.

I also reasoned that if Dr. Ojeagbase can do it, all I need is to think like him. Each time I had a challenge; I would sit down and ask myself a question; If my mentors Dr. Ojeagbase, Ayo Arowolo, David Oyedepo, Joel Comm and Brian Sheer were to be faced with this challenge, how would they tackle it? I would then apply positive thinking and get out of it.

Picking up himself from the shackles of bankruptcy, Henry gradually developed and built his website design and hosting business. To get clients, he would identify companies who didn’t have websites and send emails to them, letting them know why it was necessary for them to have one.

Not long after, he started receiving good orders for his service, which eventually confirmed his initial belief that the business was going to be lucrative.

From website design and hosting service, Henry added information marketing business. “Information marketing has been one of my best sources of income locally and globally. I still sell information that I created since 2006 till date.

I sell my information in the form of printed books, videos that I shoot on how to solve problems, ebooks for download, seminars and consulting. I sell secrets!

In addition to those sources of income, Henry also makes money on the internet through blogging. From a number of blogs where he promotes affiliate products, a sizeable pile of cash finds its way into his bank account yearly.

Yet another source of online income to Henry is domain monetization. According to him, 'I make money from what I call virtual real estate. I started selling domain when I registered myonlineoffice.biz for $8 and sold it for $419 to a company in France.

I had to make more research and discovered that I can sell higher as well as make money daily from parking. I cannot sell a domain for less than $1,200 now.”

With that assurance, Henry Omenogor's success on the Internet is without question.

Having set up his online business to run automatically and generate passive income without his physical presence, Henry could diversify into other businesses. Presently, he has added certain brick and mortar businesses including printing and publishing, rentals: customized printing service, and business educational services to his portfolio of businesses.

To document his experience and knowledge of his business for other people to learn and benefit from, Henry Omenogor, a trained Industrial Mathematician turned Internet and information marketer, has  written and self published several books, including titles such as: Internet Report Riches - How to Make $3K Monthly Creating and Selling Information Products Locally and Globally; Deep Secrets of Domain Business - How to Register Domain Name for $8 and Sell it Above $1,200 in no time; Affiliate Report Riches - How to Make Money from Amazon Associate, ClickBank and 2Checkout Using Payoneer Mastercard and Graphcard.

Surely, with the success his businesses have attained over the years, Henry, who sits as the CEO of Menog Computers, Oh My Website, Menog Prints and Publishing, and Wisemen Rentals, has no need whatsoever to regret his decision to resign from paid employment and build his business some years back.

In fact, he is grateful to God for directing his path to discovering Internet and information marketing business and Success Digest.

"The Impact of SuccessDigest on my life has been unquantifiable. In going through the road to wealth, you need those who have been there. That is what SuccessDigest has as impact on me and others. Dr. Ojeagbase's Carbon Copy Principles has helped me and a lot of other Nigerians. Imagine, I received a mail from a lady in Zimbabwe who wanted my product based on an SD she read over there in Zimbabwe, which her husband took to that country,” remarked Henry in appreciation of SuccessDigest’s contribution to his business success.

How To Make Money From Youtube Videos You Didnt Even Create

Making Money From YouTube

 This article is all about making money from Youtube.com the largest video sharing website, fully owned by Google.

When it comes to online business there are things you should look out for. What are these things to look out for?

Trends
Back then article marketing was one of the best ways to get traffic to your site and make some money from your affiliate or personal product, but when Google came up with their update, the big giants in the article directory industry were swept off their feet; the likes of Ezinearticle, Goarticle, Article dashboard were nowhere to be found again.

One of the important things about this online business is that you must update yourself with the current trend so that you don’t keep doing things the old way; not getting the right result.

Today I will be sharing with you some of the ways you can make money with simple videos - and anyone can do it. You may not even need to produce the videos yourself.

You can make money with Youtube in 2 ways:

No1, Through Youtube Partner Program

No2. Selling your own products or affiliate products through Youtube.


Let me start with the first one, which Is Youtube Partner Program
The YouTube Partner program was created in 2007. Joining this program is super easy and once it is set up it doesn't require any extra effort on your part.

Joining the YouTube Partner Program
 

This is a simple step-by-step procedure for starting on the YouTube income ladder:

First Step
Open a YouTube Account.
If you aren't sure how to do that, just open up your internet browser and type in or copy "how to open a YouTube account".

Click on one of the links that opens up and then follow the directions.

Once you have completed your details and created a gmail account (for receiving and sending emails) you will be directed to your own YouTube Channel.

Second Step
Upload a video to your new YouTube account.
The video does not have to be of a high technical quality.

Uploading a video that you have recorded on your phone, your camera or even on your webcam is good enough.
The most important thing is that your video is interesting, amusing or informative so that people will want to watch it.

You also need to make sure you own all the necessary commercial rights to the visual and audio elements of the video.
 

The main problem occurs when someone includes a pop song in their video, for instance and that pop song is copyrighted. Or there could be a song playing on the radio or TV when a video is being recorded, for instance. Just make sure that you are not recording anything that is copyrighted and you will be alright.

And, if you prefer, YouTube has a wide collection of music that is free to use and it is a simple thing for you to change the soundtrack on your video once it is uploaded and before it is published and made public.

Obviously, if your video includes someone talking you won't want to change the soundtrack. But if a music background is part of your recording, then you can easily use YouTube's selection.

Third Step
Publish your video.
When you upload your video to YouTube the default setting is to make it "public". This means that the general public will be able to watch it.

If you prefer, you could change that public setting to Private or Unlisted, but since you want people to watch your video so that they can click on your advert, you will prefer to leave it at the default public setting.

And finally you can take the:

Fourth Step
Join the YouTube Partner's Program.

In order to join the program you need to have at least one video approved for monetization, and so, providing your video is acceptable then everything should proceed easily.

Simply go into the Channel Settings on your YouTube Channel, open the Monetization section and apply for the Partner's Program.

Finally, to make sure that you are the one who receives the money from the "clicks" on your video, you need to open up your own Google AdSense Account.

To do this, simply copy and paste or type the following into your web browser "how to open a Google AdSense Account", follow the links that come up and get your own AdSense Account.

After that, enjoy your video making and start to record and upload your videos as often as you want to.

Your videos will be there on the internet, for people to watch and click on the adverts, and bit by bit, your income will start to build up.

And so if you are still wondering how to make money on YouTube videos, just follow the procedure listed above and start to enjoy yourself while building an income.

Selling Affiliate Products Or Your Own Products Through Youtube

Using Youtube is one of the easiest ways to get traffic to your affiliate or own products.
Video is the big thing on the internet at the moment. 50% percent of all internet traffic is video traffic and 12% of all traffic goes to YouTube.

This makes video one of the most powerful mediums you can use to increase your sales.

How To Own And Sell Hot In Demand Videos Without Creating Them

How To Own And Make Money From Hot In Demand Videos Without Creating Them
This is obviously the sweetest part of making money from Youtube videos. How would you like to own hundreds of Youtube videos making money for you without you slaving to produce them? Sounds interesting right?
Here is how it is possible.

Use Google Planner (which you will find when you sign up with Google Adwords) to research hot topics people are searching for online, especially things that they are looking for solutions for. You can get ideas about some of these topics by visiting amazon.com and dummies.com to view lists of their book titles. The titles will give you ideas of what people are interested in.

Then take the title ideas you have selected to youtube.com and search if there are many videos addressing them. If there are not many videos on a title topic it means if you have a video on it, you stand the chance of having lots of people viewing it.

The next step is to produce the video. Don’t worry about producing the video yourself, just head straight to fiverr.com to look for people to do it for you very cheaply.
At fiverr.com, you can find people with proven records of delivery doing up to 200 videos for just $5. Yes, with just $5, which is below N1,000, you can get 200 videos done for you.

All that is needed is for you to provide them the script to use for the video. And of course you can easily get the script from researching the topic and writing out the points to use.
For instance, if the video is about how to treat acne, you can research the Internet and get say 10 ways of treating acne, written in your own words, which forms your script.

However, make sure you don’t copy these ten ways straight from some websites. That is illegal and could get you banned from the program.
 

When you hand over the script to the person that is to produce the video, they will produce power point video with a suitable background sound.
You can then go ahead to upload the videos to youtube and start generating income with it.

Note that the success of this amazing source of income, which is still very much unexploited online is your ability to find out what kind of information people are looking for, and then pick out those that don’t have much videos done for them.

Once you achieve this, you are on your way to raking in great income monthly. Imagine having 200 – 1,000 videos on topics thousands of people are looking for information about. That could amounts to tens of thousands or even hundreds of thousands of viewers per month, which could amount to hundreds or thousands of dollars monthly.

How To Upload Video To Your Youtube  Account
Step1 You need to register with youtube for free.  

Step2  After registering login to your youtube account  and click on upload at the top of the page.

Step3  Browse the video you want to upload and it will start uploading.

Step 4 After uploading the next thing is for you to start promoting the video.

Tags are describing words for you video, you need to select good tags so that you get your video found on search engines.
Google has a free keyword planner that can help you find the most popular and targeted keywords.

Once you have uploaded, titled and tagged your video it’ll be available on YouTube for people to find.
If people search YouTube for your one of your tags your video will appear in the search results.
 

The other benefit of YouTube is the Google loves video. If you search in Google you will usually see search results that point to a video on YouTube.

Conclusion
Video marketing has a lot of potential if you can start applying what I just shared above.