Summary
Zach Humphries shares his journey of becoming a full-time YouTuber in the crypto space. He emphasizes the importance of taking a leap of faith and being dedicated rather than motivated. Building in public and being authentic have been key factors in his success. Zach discusses the current state of crypto and digital currency, highlighting the challenges and controversies in the space. He shares his strategies for navigating income fluctuations and diversifying income streams through sponsorships, affiliates, and courses. Zach also talks about his SaaS company and the importance of hiring professionals to support his business. In this conversation, Zach discusses the importance of being a successful business owner as a creator and the need for the right systems and paperwork. He also shares his next money move, which includes expanding his company and reigniting his Patreon. Zach emphasizes the importance of diversifying income streams and mentions his investments in stocks and crypto. He expresses his interest in getting into real estate as the next step. The conversation concludes with a thank you and reminder to check the show notes for more information.
Takeaways
- Taking a leap of faith and being dedicated are crucial for becoming a full-time YouTuber.
- Building in public and being authentic can help create a strong connection with your audience.
- The crypto space is still in its early stages, with both opportunities and challenges.
- Navigating income fluctuations requires careful financial planning and diversifying income streams.
- Creating a software as a service (SaaS) company can provide a reliable and scalable income source.
- Hiring professionals like accountants, lawyers, and virtual assistants can help streamline and grow your business. Being a successful creator requires being a successful business owner.
- Having the right systems and paperwork in place is essential for running a successful creative business.
- Diversifying income streams is important for financial stability as a creator.
- Investing in stocks, crypto, and real estate can provide additional sources of income for creators.
Chapters
00:00 Taking a Leap of Faith into Full-Time YouTube
07:10 Building in Public and Authenticity
13:15 The Current State of Crypto and Digital Currency
15:33 Challenges and Controversies in the Crypto Space
21:37 Navigating Income Fluctuations as a YouTuber
24:32 Diversifying Income Streams: Sponsorships, Affiliates, and Courses
30:55 Creating a Software as a Service (SaaS) Company
37:39 The Importance of Hiring Professionals: Accountants, Lawyers, and Virtual Assistants
43:19 Being a Successful Business Owner
44:04 Next Money Move
44:59 Diversifying Income Streams
45:25 Investing in Real Estate
45:46 Conclusion
