This is How Much I’m Earning with a Newly Monetized YouTube Channel

Revenue Report after 2 Months of Monetization

In December 2023, I monetized a new YouTube channel.

You can read about it here:

I JUST Monetized a New YouTube Channel! – michielschuer.com

Back then, I earned $7,58 after 2 weeks of monetization.

But what about now — 2 months after monetization?

Recap of Monetization Journey So Far

I started this channel in June 2023.

It took me 7 months (June — December) to be able to monetize.

Screenshot of my YouTube Earnings

Could I have done it faster? Maybe.

So what was the reason that it took so long to monetize?

My guess: AI generated content.

During the first few months, I was using AI generated voice-overs. And truth be told — they were simply horrible.

Then why did I do it? Well, to cut costs. YouTube Automation costs a big amount of money: I paid $500 per month for AI-generated videos for my channel.

Today, I have a real VOA (Voice Over Artist), however I’m now paying a lot more… I guess for quality you have to pay.

Factors Influencing Revenue

Before revealing my revenue numbers, I quickly want to go over some factors that determine your revenue.

Generally, YouTube revenue depends on following factors:

  • Number of views
  • Watch time per video
  • RPM of your niche

Here are my numbers:

Screenshot of my YouTube Analytics
Screenshot of my YouTube Analytics

This mapped to me:

  • Amount of views in the last month: 46k
  • Average watch time per video: 2:37 min
  • Average RPM of my channel: $1.42 (note: this increases over time)

As of the RPM — it’s difficult to find exact numbers here, but here’s a page that attempted to give a summary.

Source: The 15 Most Profitable YouTube Niches in 2024 (tastyedits.com)

According to that page, my RPM should increase to between $3–4.

But as I said, it’s hard to put a number on it.

Actual revenue

So, how much has my revenue increased in 2 months?

To be honest, not much:

YouTube Revenue screenshot

My TOTAL revenue as of today is $63.34.

I must admit I’m a bit disappointed.

I’m putting close to $1000 per month in YouTube Automation (yes I have a team of video editors etc that I hired via Fiverr, which costs me a lot of money).

And to get $63.34 in return.. seems like a bad investment.

However, I’m not giving up.

Also, as you can see, it’s increasing!

Revenue totals by month

To be honest, I don’t really understand how these totals are calculated, because if I add these numbers together, then I get a total of $90.29…

Then where does that $63.34 come from?

No idea…

calculator screenshot

Future plans & Goals

So, what do I plan on doing with this channel?

Stop it? Take this 1k a month and go travelling instead of putting it in YouTube?

I could… Sounds very tempting… but no.

I’ll just be stubborn and keep going with it.

I mean, I see some progress, so that’s good.

ALSO, another channel that my team is working on has suddenly, randomly “picked up”. Just ONE video, all of a sudden got 150k views.

And the result:

Screenshot of youtube Revenue

That’s almost $500 for just one video.

So yes, it can go fast. Really fast.

What did I learn?

YouTube Automation is a slow game. It takes time.

Recently, a guy contacted me who wanted to get started. I told him about my channel(s), and I basically told him the story that I’ve now written down in this article.

After hearing this, he got discouraged. I don’t blame him — I get discouraged often when I see this.

However, I have the money at the moment — thanks to my Print on Demand income, so I’ll just keep investing in it 🙂

So let’s go!

Stay tuned for the next update about the revenue from this channel!

Thanks for reading!

If you’ve got questions or thoughts, drop them in the comments and I’ll get back to you! Follow me on Medium or ???? if you’d like to see more content like this. Or buy me a coffee, this stuff is magical 😉

P.S. did you claim your copy of my free e-book yet?

How to Get Rich in 10 Steps

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Michiel Schuer

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Enthusiastic about learning new things, side-hustles, and translating my personal experiences into motivational stories.

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