Ideas on How To Become Rich - Using Social Media and Youtube to Make Money?
It wouldn't be much of an exaggeration to say that social media, such as facebook and youtube, have become a major part of our lives. Many people use social media to communicate with their friends, and to connect with other people. So, when I was watching a youtube video today, posted by some innovative chaps, I thought to myself - hey, that's an idea on how to make money! The question is: can the average Joe really use social media to make money and become rich?
The answer, or the problem, is that to make money using social media, it isn't that difficult; but to become rich, that's a whole different matter.
You see, to make money using social media, such as facebook and youtube, the main idea is to post some unique video or message or photos, and then put up advertisements. I will cite some examples: first, there are many individuals who post up a series of video blogs on youtube and then post up advertisements on those vlogs. They make money using economies of scale this way, when people view their sites. Second, there are many pretty girls who post up extremely erm - let's say tantalising - pictures of themselves on social media sites and then put up links to videos, blogs, vlogs and other such materials. They can make money too.
However, the best trending idea right now to become really rich is still to build a social networking site. It's true. Facebook founder Mark Zuckerberg is a good example. So the real money to be made is not in the small time posting of nice pictures or the extensive use of advertisements on social media, because of time, labour and creativity constraints. The true money is still to be made in the construction of the networking site, such as facebook and youtube, in the first case. To become rich in the world of internet connections and networking, it's better to own the network than it is to use the network to make money, but it's certainly better to use the network to make money than it is just to use social media for purely communicative purposes.
Thanks for reading and cheers!
Ideas on How to Become Rich!
PS I haven't been posting much, so I am back to remedy this issue! :) Haha.
