Friday 18 January 2013

Videos on YouTube increase that passive income stream

A friend of mine is making lots of 'review' videos and piling them onto YouTube at the moment.

He has learnt that even if you only make a few pence a day from 5 videos, then 10 can only make you more!

There is also the bonus of striking it lucky and making a video on a niche subject that a lot of people want to watch. I suppose it's a bit like Premium Bonds in that you can get small prizes quite regularly (if you have the maximum holding of £30,000), but still have that opportunity of winning that big one.

Videos are so easy to make with a smartphone or ipod touch and there is usually the facility to upload your video to YouTube from your device in an instant at the touch of a button!

When your video is up on YouTube, you then have an online editor to add captions, music and merge several videos into one! This is the sort of thing that you would only dream of a few years ago...

Anyway, the constant creation of good content, reviewing something with a video is one sure way of increasing your passive income.

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