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Success Advice

How To Make Money Buying and Selling Websites

Joel Brown (Founder of Addicted2Success.com)

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Buying and Selling Websites - website flipping

The idea of buying and selling websites, otherwise known as website flipping, is becoming a very common trend on the Internet. Ideally, a less functional site is bought at a low price and later sold at a higher price after it has been tweaked and modified for better presentation and functionality.

This stems from the idea that most individuals who need a website to run their business or projects, lack the time and technical knowhow of designing one. You can take this opportunity to buy websites, fine-tune them a little and your efforts will be recovered when you sell the awesome new re-designed website. A powerful investment opportunity if you know how to flip a website properly.

 

The types of websites you can buy

You need to understand the types of websites available before deciding on the business of buying and selling websites. Essentially, the type of websites you may venture in will depend on a variety of factors; this may include the purpose of the website, the expected traffic, audience, structure and so on.

The most common types of websites for sale in the market include:

  • Forums
  • Dropship product sites
  • Blogs
  • Popular sales and Clickbank pages
  • Clickbank ready affiliate sites
  • Niche communities
  • Paid membership sites
  • Social networking websites

 

Clickbank affiliate ready websites are great and have high income potential, but this is true if you understand that specific niche. You may otherwise be required to throw in a little more effort. These sites also tend to produce high income at the start due to he launching effects, but then die off after a while.

Blogs are great, but they require extra effort to drive in traffic, unless you have a creative writer to supply constant high quality SEO content.

Community sites on the other hand are great because they don’t rely on Google or social media sites to drive in traffic. This can considerably make your venture of buying and selling websites a success story.

Niche specific or paid membership sites have proven to be lucrative as their monthly income can be maintained relatively high with some good marketing.

 

Considerations before website buying and selling

 

1. Technical know how:

If you are buying a website then you need to find out if you have the technical knowledge required to manage the website. Some sites are pretty easy to run; you may just need to update content through its content management system once in a while. Other sites may however be quite complex to handle and may require some advanced IT skills.

 

2. Traffic:

You need to find out how much traffic the website gets. It’s all about traffic, remember? Google analytics can come in handy for this. You can request an authentic screen shot from the person you are looking at purchasing the website from so that you can verify the websites traffic is legit.

If you are selling your website, then you can use a screen shot of your awesome flood of traffic to promote the sale of your website.

 

3. How much money does the website make?

Ask the owner for screenshots or video screen casts to verify the weekly or monthly income of the website. Some months may be better than others in certain niches, so you want to see a graph of their performance report as far back as possible. Just in case they are only showing you a visual of a miracle month of income, which a number of websites have from time to time.

 

4. Is the website established?

You need to verify that the website you are about to buy has solid roots, otherwise the income and the traffic may vanish after a few months. You can do this by checking the number of pages Google has indexed so far, age of the domain name, traffic and revenue income history and number of back links that point back to the website.

 

5. Does the Website have a good promotional system in place?

Once you create content for your website you want other people to share it also right? Well you need to make sure that the website you are considering purchasing has a Twitter, Facebook, LinkedIn, Pinterest, Instagram account etc… The Social Media accounts don’t have to have a strong following, (although that will give you a great knee up to drive traffic), but they at least have to have the websites full name included in the username so that you are accepted officially through these social network platforms by visitors and viewers.

 

Where to buy or sell websites

There are a number of websites on the Internet where listings of sites for sale are maintained. These websites can be used for website buyers and website sellers. Most sites require that you bid on the listings and the seller will choose on the best bid, kind of like eBay.

You need also to consider several factors on such websites such as security as well as the fees charged. You might also be required to develop a reputation on such sites to be more successful at bids.

The most common and reliable market places for buying and selling websites are Digitalpoint and Flippa. You may find some other smaller ones when you search on Google, but these two websites have so far gained the most trust and reputation.
Most of these sites are convenient when it comes to buying and selling websites. Some sites like Flippa may however charge up to 5% transaction fees, but this should not be an obstacle if you have found a potential site to buy.

You may also opt to go to website owners directly, if there is some way of contacting them. Some owners even announce the sale of the site or domain name on their platforms. This might be a viable option considering that sites that rank highly for certain keywords may be relatively expensive in the marketplaces.

If you have trouble tracking down the owner of the website you can always head over to whois.com and run a search on their websites domain address. Most sites will come up with the webmasters email address and this is usually a good way to reach out to the website owner.

 

How much should you offer when buying or selling a website?

You should first keep in mind that a website is generally valued by how much revenue the site is generating at the present. For transaction purposes, do not allow the website owner to value the website based on foreseen “potential”. This is because if such potential existed, they would not be selling it in the first place. The following three other means should assist you in finding the value of an existing website.

 

Website Valuator Sites

There are a number of websites out there that can determine the site’s value, but this is not always reliable and should only be a rough estimate of the true value. What a number of people do is, they will visit 5-6 websites that value your desired site and then you average the total value that the 5-6 sites equate to.

 

Value by Comparison

Another way to value a website is to compare it to a number of sites in that niche or field and see what other similar sites have sold for in the past or are currently priced at on the market.

 

Website’s intrinsic value

This is how much you get when you break down the components of the website. Look at the key traits of the site, applications, programs, design, social media following, mail subscriptions.

 

How to improve your site before selling

There are thousands of ways in which you can improve on your purchased website before selling it at a profit. Such value addition practices include:

 

Design: you can make the website to be a little more eye-catching by changing style, colour theme and even fonts. There are various templates that can do this for you to make the process a little less involving. If you are running a blog through wordpress then google “wordpress themes” and download some to play around with for a better layout or style. 

Add content: You can also add some rich SEO content to increase the visibility of the website and improve ranking on search engines. This is especially useful for niche specific websites. SEO, stands for Search Engine Optimization and is highly convenient and very rewarding to understand if you are interested in mastering the art of “increasing your organic website traffic”.

Rethink your hosting: you may want to move your newly acquired website to a more reliable hosting company that runs at least 99% of the time. A number of sites guarantee a 99% up time, and are more reliable with a lot better support in case you have any technical issues.

One thing I have learnt through running Addicted2Success.com is that it is highly important to have a fast enough Dedicated Server with enough CPU, Storage & RAM to manage the high amount of traffic during peak times. It may cost around $100 or more per month for a dedicated server but at least your site wont crash and your page loads are a lot quicker, resulting in better google rankings, which is something any serious website owner should strive for.

Add some personality: A personalized site draws in more of an audience and ensures a steady supply of traffic as people feel more like you’re their friend than some corporation or robot run business that they go to from time to time.

You may want to also brand you domain name, add a logo, open forums, throw in a bit of your personal experience, create a bio or any other way that connects you with the audience and builds more of a friendly rapport.

Others: Depending on the type and purpose of the site, you may add applications, plug-ins, change the structure/site map, link to social sites and more.

 

Selling your website

As mentioned earlier, there are websites that act as marketplaces for buying and selling websites. You can list your websites here after you have done all the necessary improvements and wait to select on potential bidders.

Similarly, you can set aside a space on the website for an announcement that shows the website is for sale. This might be a slower process but it puts you in control of the transaction and pricing. Better still, you can set aside a small website specifically for the purpose of your website buying or selling activities especially if you are an established figure in the website flipping business with several websites on the line.

One more thing, do not overprice your websites. Always make sure you sell at the true value and this will cultivate more happy returning clients in your venture of buying and selling websites.

We hope this gives you enough information to buy and sell websites successfully, best of luck!

 

Article By Joel Brown | Addicted2Success.com

I am the the Founder of Addicted2Success.com and I am so grateful you're here to be part of this awesome community. I love connecting with people who have a passion for Entrepreneurship, Self Development & Achieving Success. I started this website with the intention of educating and inspiring likeminded people to always strive for success no matter what their circumstances.I'm proud to say through my podcast and through this website we have impacted over 100 million lives in the last 6 and a half years.

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11 Comments

11 Comments

  1. myblock

    Aug 8, 2016 at 6:30 pm

    Lots of thanks for the share, great information.

  2. Charles

    Dec 1, 2015 at 12:24 pm

    Great post! I am trying to learn more about selling or buying websites and this article gave me a lot of insight so keep up the good work!

  3. Richard Marcus

    Apr 24, 2015 at 4:01 am

    I have been buying websites at auctions for some time now. You have to be very careful when checking the claims of the website revenue and traffic.

  4. tim blankenship

    Nov 3, 2013 at 6:49 pm

    One of the better articles on website flipping that I have read

  5. Michael Koral

    Sep 27, 2013 at 3:49 pm

    Joel, well done with this. I would want to point out that if someone is looking to buy a very well established site, making at least $100,000 a year, it is best to go through a broker as they are able to assist with due diligence and typically only list quality sites.

    • Joel

      Joel

      Sep 27, 2013 at 8:42 pm

      Nice point Michael, thanks for dropping a comment 🙂

  6. Esther

    Sep 24, 2013 at 8:07 pm

    Hey Joel
    Thank you for this wonderful info.
    I thought of trying Flippa but they are charging some nominal amount so decided against it.
    Also as you have said we don’t know what the site owner might have done with the site. The main reason behind is many ain’t sell if the site is doing well.

    • Joel

      Joel

      Sep 25, 2013 at 8:23 am

      Yeah, or maybe the previous owner is not working the site to its full potential. There is an opportunity to profit for pretty much any niche you can think of that is out there. You just have to be creative and hustle hard to see results. Thanks for the comment Esther.

  7. Govand Malhani

    Jun 6, 2013 at 9:07 am

    This is a great tutorial!
    Thanks for sharing.
    This Is right way to make money from buy and sell website

  8. Yolette M Saintiny

    May 8, 2013 at 9:12 pm

    This is a great tutorial!
    Thanks for sharing.

  9. Brian Englert

    May 8, 2013 at 1:10 am

    Great article

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Success Advice

3 Reasons Why Getting Clear Is Important for Your Business

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clarity
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Everyone goes through times in their lives where blue skies and sunshine are a rarity. Too many clouds and storms, whether they involve business or personal issues, become the everyday occurrence and keep people from achieving whatever they want to do.

There have been many times on this business journey of my own where fogginess and haze have sent me to the mat. Trying to kick out at a 2-count when being pinned with all of this stuff seems unbearable.

In taking a holistic view (meaning looking at the entire picture) of where I am, what has changed? Clarity. Getting very clear on what I want to do and where I want to focus my creative direction. Yes, I’m a writer, content writer, copywriter, ghostwriter and creative. That’s one element of my own life. Another one involves being a voice for the voiceless in the craniofacial community around the world.

But this is not to simply focus on what I am doing now. This is about clarity, about getting laser-focused on what you want to do. If you have a coach or mentor in your life, then I’ll bet you have heard them say on one or multiple occasions that you have to “get clear” on what you want to offer.

Here are three core reasons clarity is an important factor for your business:

1. You Stand Out From The Crowd

You cannot go anywhere on social media and not see people putting out content. Some may be good; others are meh. It does not matter, though, if it is good or not. What matters is about conversion. Does the content turn into sales? Does it attract and speak to people’s problems?

Not everyone can be a jack-of-all-trades. You become a master-of-none pretty quick. Theories abound about niching down and finding that sweet spot where you can deliver your mastery to those in need. Think of the millions of niches out there: cannabis, fitness, spirituality, relationships, finances, food, and on it goes.

Every one of these niches need people who can come in and put clarity around their products and services. If these businesses are not clear on what they do and solve to those seeking solutions, then they are not going to have clients and eventually will have to shut the doors.

Learning to stand out from the crowd is going to make you a powerful voice in whatever niche or field you are looking to dominate in all the time.

“It’s a lack of clarity that creates chaos and frustration. Those emotions are poison to any living goal.” – Steve Maraboli

2. You Attract A Lot of Clients

If you wanted to apply one of those ancient universal laws to your business – for instance, like the very popular Law of Attraction – then you would understand what attracts people to you. Nikola Tesla, one of the world’s greatest inventors, once said that if people understood energy and vibration alone and how that works then they’d understand a lot of how things actually work in the world.

Clarity brings out a new energy from your words and actions. You come from a place of total and unbelievable awareness where you look around one day and go, “Dang, look at all of the people who want my services.”

Trust me. This is one of those lessons that I have to come back to over and over again. People might know who I am and what I do from this or that space. Yet is it really crystal clear enough to a targeted section of people? Um, it’s still a work in progress.

In order, though, to actually move forward in business and have the level of success that I desire, then clarity must come into play. Clarity attracts clients. They solidly know what you do and what you offer. There’s no wishy-washy stuff taking place. Understand this core reason to achieve clarity and watch what happens to your very own business and brand.

3. You Begin To Believe In Yourself

There’s this ongoing idea around “imposter syndrome” that folks on the interweb love to discuss. Showing up online like you are a real go-getter and hotshot, but offline that’s not the same person…that’s a problem.

“Imposter syndrome,” to me, starts happening when a person stretches out of his or her comfort zone and it feels miserable. Instead of getting up at 11 a.m. after working a night shift job, you get up at 8 a.m. to get a head-start on tasks and obligations around what you do. Thoughts like “this will never work out” or “I’m never going to succeed and get out of debt” start swirling around your mind like a bunch of chattering monkeys.

Clarity, though, allows you the benefit of starting to truly believe in yourself. In his famous book “The Power of Positive Thinking,” Norman Vincent Peale writes in the first chapter’s first line “Believe in yourself.” That’s it. Then the book goes on to describe different ways of building up your positive mindset through prayer, faith, action, and other real-life examples. Peale’s work may not appeal to you directly, but the mere thought of believing in yourself and your dreams is appealing.

“Clarity comes from action not thought.” – Marie Forleo

Find yourself getting clear on what you want and where you want to go and begin to truly believe in yourself and your abilities. There are lots of people who definitely need your services and work around the world. There might even be people right in your own town who do, too.

When tackling the issue of clarity for your business, take these three factors into account. Think about them seriously. Take stock around where this can be an effective place for you to succeed every single day.

Look for the sunshine and blue skies in your business. They are there. All you have to do is some sightseeing and all of it will pop out very clearly.

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Success Advice

How YOU Can Create a Powerful 10 Year Life Vision

Ashley Hann

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Where do you desire to be 10 years from now? Joel Brown, founder of the well-known website and podcast Addicted2Success, breaks down exactly how to gain clarity in your life and create a powerful 10-year life vision. The vision process that Joel teaches has transformed the lives of hundreds and thousands of people who use it.

You can listen to the full podcast interview here with Joel Brown or head over to my website AshleyHann.com for more inspirational podcast episodes.

Joel Brown is the real deal. He travels the world coaching thousands and thousands of people to stand in their vision so they can turn their dreams into a reality. He has been featured in the Think and Grow Rich movie, Entrepreneur, Forbes, Inc., The Huffington Post, Success Magazine and more. He has sat down with well-known thought leaders such as Tony Robbins, Deepak Chopra, Jay Shetty, Gary Vaynerchuk, Grant Cardone, John Assaraf and the list goes on.

This is a MUST LISTEN episode all about gaining clarity, creating harmony in your life and creating a powerful 10-year vision so that you can live the life you’ve always wanted.

Joel Brown (Founder of Addicted2Success.com)

Joel breaks it down for you step by step. In this episode, we go over:

  • The 3 key questions you must ask yourself in order to live a fulfilled life and master your 10-year vision
  • How to define success for yourself and discover what you really want
  • The 8 areas of life to include in your 10-year vision
  • The top, prevalent patterns successful people share and why you should adopt them too
  • The 3 main limiting beliefs and bullsh*t stories that hold people back from achieving their dreams and goals
  • Why dropping perfectionism is so important and what to do instead
  • …and so much more!

If you’re more of a visual person then you can watch my video interview with Joel Brown here:

This is an episode you won’t want to miss. Joel Brown is the 10-year vision expert and teaches his vision process all over the globe to thousands and thousands of people. You’ll want to make sure to grab a pen and paper so you can take notes and action on the strategies he shares with you.

You can connect with Joel Brown @iamjoelbrown on Instagram and Twitter.  Make sure you also check out his popular motivation account @addicted2success on Instagram, Twitter, Facebook and YouTube.

You can listen to the full episode on SoundCloud,Apple Podcasts or Spotify.

OR you can watch it on my YouTube Channel:

RESOURCES:

His event: www.elevatetribe.net

The #1 motivation website he built from scratch: www.addicted2success.com

His Circle of Influence online mastermind: www.iamjoelbrown.com/applynow

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Success Advice

5 Ways You Can Utilize Information Properly and Think More Efficiently

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how to think more efficiently
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The mind is a complex system of facets, of which some have yet to be discovered. Still, in spite of all this, there has been enough information to help us gain a rudimentary understanding of it. Thinking is what we all do, although what differs is the efficiency and levels at which we do it.

A lot of things influence the way you think, and most of these factors vary from person to person. However, there are some foundations and basic laws that can help you move from just filtering information and utilizing it to think efficiently.

Below are a few ways you can utilize information properly and think more efficiently:

1. Be quiet and listen

We’re constantly bombarded with information, and the nature of this information determines how we respond. Are you the type of person who doesn’t handle bad or even good news well? If so, learn to take a step back, evaluate things, and look for the way forward. It’s something that stock market traders do all the time, and it works like a charm with practice.

2. Never neglect what your emotions tell you

While a lot of people might not know this, it is true that the conscious thoughts we have only represent a small fraction of the events going on in our heads. At any given point in time, you have the unconscious aspect taking in massive amounts of information, most of which we don’t even know are being processed.

Your brain makes conclusions, good or bad, and starts to generate feelings that rule our emotions in the long-run. So, whenever you have a subtle feeling that points you to a certain course of action or thought, don’t ignore it. At the end of the day, that feeling gets its way somehow, and it’s better you come face-to-face with it and understand its nudges better.

“When you react, you let others control you. When you respond, you are in control.” – Bohdi Sanders

3. Never think while under pressure

Pressure can be good, but a lot of the time, it tends to yield counter-productive results. Regardless of what you’re doing, there are times when you feel pressure. What this pressure does is force you to rely less on the part of your unconsciousness that functions like a trained autopilot system (from all of the training and experiences that you’ve had in the past). Essentially, it forces you to overthink things.

You begin to analyze every aspect of what you’re doing, and you end up using parts of your brain that have no business with the specific activity. So, whenever you take the time out to develop a certain skill, make sure you learn to have faith in your instincts as well.

4. Never focus on one viewpoint

Bluffing is something that professional poker players do almost every time. It’s become an art. However, instead of just bluffing on a whim (which also works at times, by the way), most of them employ a simple trick while playing; they think about how the opposing players would act if they weren’t actually bluffing.

In most cases, the brain tends to search the world for filters in order to confirm the beliefs that it holds. However, the problem with this is that it tends to limit you. At the end of the day, you could be dealing with facts that are just not wrong.

“What’s true of the poker game is true of life. Most people are suckers and don’t realise it.” – Michael Faust

5. What do you love doing?

According to studies, a lot of people tend to have moments of insight and solutions to problems when they’re not even aware of the fact that the problem is being analyzed by the brain. These are usually moments when you take a stroll, listen to your favorite track, brew your favorite coffee, take showers, and read blogs; when you feel relaxed and comfortable.

This is because insightful thoughts are usually generated by an influx of neural activities that occur in the right hemisphere of the brain. The best time to plug into the mind is when you’re stress-free, so make sure that you engage in activities that relax you more often.

How do you go about maneuvering around and making decisions in a world constantly bombarding you with information? Let us know your thoughts and advice below!

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Success Advice

10 Simple Yet Effective Ways to Bring Out the Successful YouTuber in You

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how to create a successful youtube channel
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YouTube is a social media platform that has turned many a normal person into a celebrity. With over 1.9 billion logged-in users visiting YouTube every month, it is a hugely popular platform that is being actively used by people who are leveraging its reach and popularity for reputation building, increasing visibility, creating and driving brand reach and last but not the least, earning money.

We keep hearing success stories of YouTube influencers who were nobodies when they started out and today run some of the most popular channels on YouTube and are considered reputed influencers in their niche.

There is absolutely no doubt that if done right, a presence on YouTube can be a massive boost for your brand (if you are a business) and ensure visibility of stratospheric proportions (if you are an individual).

But, at the end of it all, most people want to get onboard YouTube for the money. If your channel is popular enough, it can be a regular source of income for you. So, how do you become a successful YouTuber and establish a popular YouTube channel?

Here are ten great tips to help you on your way:

1. Identify your YouTube Goals

What do you want to achieve out of YouTube? Straight off the block, this is the question you must answer. YouTube can help build your brand, both business and personal, if that’s your goal. It will help improve your reputation and differentiate yourself from the competition. It could also become a revenue generation medium for you.

There are many reasons you might want to start a YouTube channel, and you need to zero in on the right one. Identifying your core goal or set of goals will help you plan your YouTube journey effectively.

2. Identify the Right Niche for Your Channel

Making videos is a resource-intensive activity. It also needs a rare degree of passion to make videos because you are going to put a truckload of effort into it. So, make sure to zero in on the right niche for your channel, meaning the kind of video content you are going to post. If you are an individual, the content must align with your interest, preferences, skill sets and knowledge.

If you are a business, it must align with your business’s services or domain. Think very carefully whether you will be able to keep making videos about a specific topic, subject or domain regularly. This will help you choose the right ‘content type’ for your channel.

3. Trust Yourself

There are some YouTubers who give up because they think they are not cut out to be successful YouTubers. There is absolutely no doubt, you will be wracked by self-doubt when you start, especially if your videos aren’t finding enough traction. The key here is to have confidence in your ability and pursuing your end goal indefatigably.

Don’t give up because of setbacks; some of the top YouTubers started off slowly and built their audience steadily. When it comes to YouTube, it is important to understand that success won’t come easily or quickly.

4. Be Prepared for Criticism

As a YouTuber, you have the ability to showcase your knowledge and skillsets to the world, but this also sets you up for criticism. There are people who are going to like your videos and there are those who won’t and will go a step further and criticize it through the comments section.

And very often, this criticism isn’t constructive and its only aim is to make fun of you and your video. Can you handle this criticism? You must if you want to be a successful YouTuber. Try developing a thick skin and don’t allow even the most virulent criticism to affect you.

5. Respond to Comments

Make it a habit to respond to comments, irrespective of whether these appreciate or criticize your video. Your response tells your viewer that you care and are prepared to listen to their views. This helps you build a relationship with your viewers who can then turn into channel subscribers. Don’t think YouTube videos are one-way traffic wherein you make a video, a viewer sees it and forgets about it. A video is a means of driving interaction and engagement.

6. Follow other YouTubers

You might have some great content ideas for your channel, but you must also keep track of what other YouTubers are doing. There is always a chance that you will get some inspiration from their videos as to how to make a video more interesting, get the lowdown on audience engagement tactics and find technical aspects as well including camera work, audio etc.

7. Attend Meetups

There are plenty of YouTube meetups, conventions and conferences happening all over the world; it is imperative that you attend YouTube events happening in your region. This way you will be able to meet fellow YouTubers in the region, and who knows, you might also meet YouTubers, you follow and want to emulate. If you get the opportunity to discuss notes or get tips, do so. This will help refine your channel content

8. Keep Measuring Your Performance

Start measuring your YouTube performance from the word go. You need to keep track of various performance metrics to know how well you have done. A metric like ‘views’ is super important but so is ‘watch time’. ouTube judges the performance of your channel on various metrics and uses these to rank your videos in search results. There are plenty of tools that can help you track and measure YouTube performance based on various parameters.

9. Don’t Judge Yourself Too Harshly

Don’t set impossible standards for yourself. You are going to make mistakes and learn from them. No video is perfect and don’t think you can start making amazingly successful videos from day one. So, judge yourself, but don’t go overboard. Don’t compare your work with people who have many years of YouTube experience behind them; this would be counterproductive and play havoc with your confidence levels.

10. Keep at It

If you want to bring out the successful YouTuber in you, you must keep at it. Plan a video publishing schedule and stick to it, irrespective of whether your videos are doing well or not. Remember, once you set cadence, you will get better at your videos, and this will drive more engagement.

A successful YouTuber is no different from a successful person. You need to work hard, learn from mistakes, and more importantly learn from others. And you must make use of all this learning to create better and more more engaging videos.

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