It’s amazing how just one video helped a family earn $500 million dollars. Here’s the video, for those of you who haven’t seen it…
Charlie Bit My Finger
Here are some lessons for those of you who want to earn a semi-passive income with the help of YouTube:
1. Howard Davies-Carr and his family did not start with: “Oh, let’s make money by uploading a family video.” On the contrary, they were simply having fun.
2. They started earning after their video was viewed 50 million times. The last time we looked that video racked up more than 438 million views.
3. The video helped the Davies-Carr get TV spots, and that’s what helped the family earn half a million dollars. That’s over P21 million in about 5 years. Not bad, right? 🙂
Now that you know how one family was able to earn online, we hope you will also think (as early as now), what you will do with the funds coming your way.
Will you splurge and spend it all like crazy?
Or will you channel part of it to help others, save some of it, and invest also a portion in mutual funds or even the stock market (for passive income where you use money to make money for you)? 🙂