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Old March 31, 2013, 02:15 AM
Dien Rice Dien Rice is offline
Onwards and upwards!
 
Join Date: Aug 2006
Posts: 3,369
Default Profiting by buying popular YouTube accounts...

The following is a fascinating story. It's about a guy whose present business is doing $44 million in revenue, through those "penny auctions" - where people have to pay to bid...

However, what I actually find more fascinating is the way he made money when he was just 15 years old. He'd find popular YouTube accounts, then offer to buy them from their creators for $50 to $100. He'd then insert affiliate links into the descriptions of the videos - and make profits from affiliate money...

You can read more about it here...

This 20-year-old’s three-year-old startup did $44M in revenue last year
http://pandodaily.com/2013/03/21/thi...nue-last-year/

Best wishes,

Dien
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