A (41:58)
All right, so the 6C is cash. Now this is the point of if you want to, you know, do YouTube full time, if you want extra streams of revenue for your business, how are you going to monetize? How you going to make money? Now, in the book, we hit 10 different ways and on the channel we've covered this. So actually, you know, what I would say is in the show notes of this episode, we will link to a couple episodes that we just recorded brand new on. If you're a new channel, best ways to make money. So add those to watch later or check those out after you're done listening to this episode. But when it comes to cash, I think the big idea is you want to create a money plan. What do I mean? It's like a money path. And imagine like if you were going to start a business and you went to a small bank to get a small business loan, what would they ask you for a business plan? And it's because if you're like, hey, I'm thinking about starting a business. Can I have some money? They're like, so what's the plan? Like what, like what are you gonna do? And, and so what's funny though is we might go into YouTube and we just think, oh, I just want to get approved for the YouTube Partner Program. It's a good ambition, but there's so many other ways to go about it. And so, you know, when we think about these seven Cs, this also, it kind, this one kind of ties to clarity. Another question you could ask during clarity is how is the channel gonna make money? And then also realizing though, that sequentially if you've set up your channel and started posting some good content that adds value to a real community, that then the money will follow and that cash kind of becomes. But it's usually it's going to be a result of planning ahead. And it could be saying, okay, if my channel is more entertainment based, then I'm hoping to get ad revenue, maybe brand deals someday when my channel's big enough and maybe I do build up like a fan funding Patreon. That's like one path. If my channel is like a review channel, like, that's really the main thing that I started doing. I think media that broke out was like camera reviews and tech reviews and all this kind of stuff. I've been doing video for 21 years. At this point. It's pretty, pretty crazy. So that was my niche that I finally locked in on. So it made a lot of sense to do affiliate Marketing because there was products related to my channel and I think anybody listening to this could benefit from affiliate marketing. But some channels that are maybe more reviews, tech, there's a lot of different channel topics that would apply to this, but it can be like huge. And that became a six and now seven figure income stream for you know, what we do. So it's first, it's almost like figure out the menu, what are even the possibilities and then pick the 1, 2, 3 money strategies that becomes your plan and your path. Like, and they don't have to all start because I think the last thing I'd say there is the mindset around money. In a way, I would want you to have a mindset of delayed gratification. One, because you're probably not going to make money very quick anyways. So like you just have to, you have no choice. Two, though is like delayed gratification is probably one of the greatest indicators of maturity. I have a two year old and a four year old and probably one of the biggest evidences of their age is impatience and the inability for not having very short delayed gratification. I will tell my son, Sean Bradley a lot. I'll say, can you say patience? Can you say patience? We'll go get cheeseburger. Go cheeseburger. I'll go like, we're on the way. We're on the way, bro. Cheeseburger. Can you say patience? We're going right now to get the cheeseburger. Like, bro, you need to relax. But he's four. But that's, that's what I mean. Sometimes I think as adults though, we struggle with delayed gratification. And so your ability to know that there is cash in your future, your commitment to excellence, to go through the whole 7C system and keep doing it with a level of rigor, discipline and resilience and quality and excellence out of love for your community. But I think it's just patience on twofold patience that it takes time to eventually get your channel monetized. But also like, I've heard this from many mentors, like not trying to cash in on your audience too soon. And it sounds funny, your attitude should never be to if you will cash in on your audience, you know, ever, like, if that's your only intent. But I remember talking to Lewis Howes from the school of greatness early on and he actually his thing was like, I didn't even want to have brand deals or promotions or ads for like a couple years. Don't get this wrong. I think your very first, like, if you're a business owner listening to this. Your very first episode could be like, yeah. And if you want to work together, like hit us up. It's not as much that it's more like maybe the feeling people don't want to be sold to. People don't want to be like, wow, I could just feel right off the bat like this whole thing is just a cash grab. Like right off the bat, this thing is just so. I think that's like delayed gratification. And here's what it is under cash. Make a commitment on your YouTube channel, especially in the education side. If you're going to teach people to do something, who do you serve? What problem do you solve to commit to RIA results in advance that people start to watch your free content, get real results. Like, wow, that was really good. That was really helpful. And actually get results and get results so good that they're like, man, I. I actually would have paid for that and I probably should have paid for that. Wow, I got to watch your free videos. And if that stuff is that good, then they also know they're like, man, I can't imagine what's in the paid stuff. So if you're getting them results in advance and then even the patience to realize like there's another mindset and then we can hit the final c. Is there's a difference between farming and hunting. People have different styles, but nobody wants to be hunted. But farming is awesome. Farmville Think about the spirit of farming. You know what I mean? The spirit of farming is like plant seeds, water, nurture hard days, work, sit on the porch after work, iced tea and because farming is like, let's let this thing grow and you have to have a level of patience with letting it grow. And if I commit to planting seeds of great videos, watering, community, love, all of that over time, season after season. Some maybe farmers know, forgive me if this is your expertise but you know, it's like maybe the soil gets richer as each season, you know, and, and you do things to make every crop a little bit better and the way you fertilize or whatever and, and you're farming but that's patient if you're hunting. What are you trying to. You trying to kill me? That's. It's just a more aggressive tactic. And I know that online or insert business there's like hardcore sales or hardcore closers and you know, this different. It's a different attitude. It's a different spirit. I think there's just something about. You could choose your approach, you could choose if you want, maybe, maybe you're a mix of both. And again, I know you might have like the creator, artists listening to this or more like the business owner. I don't even want to say one way is right or not. But I think that under Cash, when it comes to cultivating a brand, it's never going to hurt you to build massive goodwill, to build up trust, to not feel like you're in a rush. Because if you can, don't be in a rush. In fact, you know, this, this speaks to the place of like, I think it's, it's fine if you want to start a YouTube channel and try to monetize it as quick as possible because you're in a desperate situation. But I think that's one of the worst energies to start a YouTube channel in. If you're in a desperate situation, go get a job. You're going to make more money driving Uber and Uber eats than you are like today. Because you could sign up today, start driving tomorrow and get paid in a week or whatever it is. Maybe like in 24 hours. So it's like. And your YouTube channel is going to take time. So I think that's the other energy people feel like, man, is this. And listen, I got empathy. I think that people wrongly say YouTubers sold out every deal as a, every video is a brand deal. Now I actually think that that's actually kind of understood. You know, it says like sponsored in the top corner. Like actually I think people realize that that's kind of the economics of the platform. But we're just, I'm just talking about the energy around it, I'm talking about the way it feels. And so don't be your anxiety. If you're in a place of desperation trying to make work YouTube work for you, I just think is the wrong way to start. But if you start like a farmer, why this is your this. You're a part time YouTuber, you're going to do a side hustle, you're going to work the seven Cs, you're going to stick with it and then, and have a mindset that like, I might not love my job, but it's a blessing and I'm gonna find how, how to organize my life to me some of those things around cash. Maybe you're not a hunter, you're more of a farmer. Maybe you're thinking about how to get people results in advance. Advance. You're adding massive love to your community and putting out great content. What I want people to know is the cash will Come plan for it. Don't be afraid to let people know. If you're already an author listening to this, be like, I don't want to talk about my book until the hundredth video because I'm selling too soon or something. It's like, no. I mean, you could either get the book or not, like let people know it exists. But I do think there's something about that farmer mindset and that delayed gratification where I'm just not in a rush. I think that sets you up for maximum success.