1. Start a YouTube Channel
Starting a YouTube channel kicks off our list of the 5 best passive income ideas for 2022. It’s straightforward since all you have to do to create your channel is go on YouTube.com, film some videos with your phone, and upload them for people to see.
But that’s just the surface of things. To actually grow on YouTube, you need to create excellent videos and offer valuable content, which is something I am still learning to master (I am a Youtuber in case you don’t know yet).
To start earning passive income from the platform, you must be eligible for monetization. That means reaching the 1,000 subscribers’ milestone and 4,000 hours of watch time.
All the same, if the averages are anything to go by, it takes about 90 something videos to get to 1,000 subs.
In my case, I reached 1,000 subs after 5 months of posting videos once a week, which essentially means that it took me around 20 videos to get to 1000 subs, and I am really grateful to my subscribers for that.
Even so, I still haven’t attained the 4,000 hours watch time milestone because my retention rate needs to be improved.
This is one of my goals for 2022 as I plan to offer viewers even more valuable content to make them stick around for longer!
Basically, I am saying that you need to be ready to put in the effort and time to start making money on YouTube.
So, let’s assume all of this is already behind you; how much can you make in passive income from YouTube?
For the sake of easy calculations, let’s use the average of $2 for every 1,000 views. That means that if you want to make $100 in passive income from YouTube, you need 50,000 views.
Not to forget, views from old videos count too, and this is where the passive thing really plays out.
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