Do you have a video camera or a smartphone ? Great — you have everything necessary to start making money on YouTube . Make a video, load it up, click a couple of buttons to monetize it, and start telling all your Facebook friends about it. Lather, rinse, repeat. You might not hit it big like Ray William Johnson, a little known comedian who made a million dollars with his videos, but perhaps you’ll develop a nice stream of extra income. And you’ll be the star of your own show! How I Make Money on YouTube A few years back, my wife and I created a ten-episode show on ultralight backpacking , starring me. We put the videos on YouTube and monetized them with Google AdSense. We already owned a cheap camera, so this cost us nothing but our time. Alas, our videos never went viral, but they did generate more than one thousand dollars of income over the years.
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