Why do people who claim to earn $100 million, $200 million make YouTube videos?

When you have a few millions dollars it’s trivially easy to make it LOOK like you have a hundred million. Rent a mansion, rent a lambo, buy some brand name clothes, etc..

Mr. Beast makes a silly amount of money on Youtube. He may have a lot of good ideas about video making and engagement and has courses available. He has 240 million subscribers and makes around 5 million a month on Youtube, so in cases like his where there are silly subscriber numbers Youtube is the massive business. Many video creators with less than a million subscribers use Patreon to make a living. Lots of people have made Youtube courses to make some extra money and I’m sure some of them are good. Probably one of the first things they tell you is you have to find a niche you’re passionate about but one that also has enough potential subscribers out to build enough of a following to at least make a living at it. I wouldn’t be surprised if some Youtubers are lying about their income to sell courses though.

>If they are running such a massive business, what are they doing on YouTube?

Yeah you are spot on. These people are a scam. They make money primarily by selling course to people to be like them.

You might be young or new to the wonderful world of life ruining fake gurus so here’s some top fake gurus list:

– Tai Lopez

– Gary V

– Dak Lok

– Ricky Gutierrez

– Grant Cardone

– Dan Pina

– Tanner Fox

– Jordan Belford

– Kevin David

Unless the person you are listening to is better known by his company (mostly people associated with Y combinator) then it’s probably a scam.

Anyone telling you that they have X million dollars in the bank over social media is lying to you. These people are often outright scammers/frauds or pretenders trying to sell things to people and therefore just attempting to create an illusion to falsify credibility.

People earning that much money will not be making YouTube videos, unless it’s for their company (i.e. it won’t be as an individual, it will be associated with a company or brand). Most wealthy people are rather private and often lose more than they gain from personal fame – and have little to no incentive to share their money making strategies with random people.

There are people that make a sh*t ton of money that make Youtube videos. I think the key thing to separate the fake gurus and the people that are legit are whether or not they sell courses. If they sell courses they’re fake gurus.

The others that have big Youtube followings can actually use it as a marketing tool to drive customers to their company’s for a negative CAC (meaning they get paid to acquire customers). Actually a smart strategy.

Examples like the Hormozi’s and Alex Becker are not fake gurus. They don’t sell courses and you can easily verify they have legit businesses. The Hormozi’s business (Acquisition dot com) you can easily verify that they bought the former UFC headquarters. You can’t fake that. You can easily verify that Alex Becker sold his company Hyros for 9 figs.

But yeah as some of the others stated the Grant Cardone, Dan Pena, and Tim Sykes types are clearly fake gurus trying to take your money with bs courses and seminars.

I was watching one dude giving business advice claiming that someone asked him 10k for this advice but he didn’t sell it and now he is giving it for free because he doesn’t care about money as he is already rich and have enough money himself.
I immediately turned off my adblocker and saw 5 ads back by back and I wrote f*ck off in the comments. Then he replied to me saying that he will donate the money coming from youtube ads to orphans or something. I was like sure scammer. Those id*ots think everone is d*mb

Lmao who is claiming they make $100M on YouTube? The top earners are making $10-20M a year, a few higher. But I’ve never seen anyone making wild claims of 8 figure earnings. This is a troll post

$100m in revenue isn’t nearly as hard if you’re willing to make 0 net. Even then who’s to say they’re even making the revenue they claim.

So they can continue to keep making millions? Rich people want to keep rich lifestyles

Are you assuming that a wealthy person would just travel all the time? 

I have a friend who retired early and is wealthy. He is actually pretty depressed. It really makes him happy to help others when he can. He’s a software engineer and an introvert so he can tolerate a lot of alone time. However, he still enjoys helping by working on projects. 

I think you are assuming that what you would do is what everyone would do.

Not everyone’s main goal in life is to do nothing at all. 

I think one of the worst offenders I’ve seen recently is a guy selling Saas courses because he recently cleared a million (can’t recall if he said profit or revenue).

Anyways, someone who bought the course was publicly asking him when he plans to add the content to the course….this guy was selling a course with no content at all.

Hormozi is pretty transparent about why.. it gives him deal flow for his PE firm to acquire and it increases his brand value.

I mean….look at Ryan’s Toy Review. It’s definitely possible.

If I ever come across 100 mill I will go in hibernation, tell no one, and no one will hear from me again..

There’s more money in courses.