Sometimes, I used to think about why I could earn money from my YouTube Channel easily comparing with my other initiatives like Software Development and Web Sites. In fact I am NOT good at video creation. I realized that it is related to the fact about why I couldn’t build strong software Development Team even when I was working very hard to achieve that mission. The Answer is simple. I couldn’t compete with the already established software development companies in terms of retaining skilled developers.
Those companies easily attract our team members by offering higher salaries. But when they started their business a few decades back, they didn’t face these problems. Because they were at the beginning of software development era. For them, it was easy to succeed in Software Development Business. I understand that I am experiencing the same thing with YouTube. i-e Succeeding in any Emerging Industry/Market is easy comparing to competing with already saturated industry. I believe Video is Emerging now. When Printers were invented, there was a business opportunity for putting all the knowledge and experience of humans in Books format.
Once Computers were invented, there was a demand for converting the Books into Digital format by doing Data Entry tasks. Then there was a demand for Web Developers for putting those digital data into websites so that people can access them from anywhere. Now people are preferring to consume those content simply by watching as video instead of reading the content by themselves.
The fast growth of computing power, increased network bandwidth and accessibility of Mobile Phones made their wish possible. And, this kind of fast growth of Video production and consumption is going to change the entire business systems.
For example, previously people used to join any Training Center for learning any new language or computer programming language. Now they can easily learn any new language by watching Tutorial videos on YouTube. So, the Training Center business will be going down, they need to slightly change their business model. They need to plan for doing their business through video platforms like YouTube.
It is true that YouTube is having a huge opportunity to earn money. But that doesn’t mean that it is without competition.
Already a lot of people had started YouTube Channels on numerous Topics. Getting views to our YouTube channel is very difficult.
And, YouTube is also adding many new restrictions for enabling monetization for new channels.
From my experience story, anyone can easily understand that entering earlier into any kind new business opportunities is the easy way of making money.
So, it is important to be familiar with the updates of Emerging Technologies such as 3D Printing, Robotics, Drones, Graphene, Nano Technology, Artificial Intelligence (AI)/Machine Learning, Gene Editing, Desalination Techniques, Virtual Reality, Wearables, New kinds of Batteries, Driver-less Cars, Solar Power Improvements, Quantum Computing, Brain–computer interface, etc.
I have uploaded a lot of Emerging Technologies-related videos to my YouTube channel, and daily I am spending a lot of time and effort to find the latest Science and Technology News from various sources including Universities, such as MIT, Stanford, Harvard and UC. And, I used to check various Science and Technology related groups in various social media websites to find latest updates of Emerging technologies so that I can upload a news video about them. I would like to make my YouTube channel as a bridge connecting the Scientists and Business People.
I believe Emerging Technologies will change our Life and Businesses entirely very soon.
So, if you are interested to know the latest technology news, subscribe to my YouTube channel.