You can maximize your revenue potential on YouTube by having several streams of income.  Here are 7 ways to make money on YouTube:  1. Turn on Google Adsense: income from here will fluctuate and is unreliable which is why you should consider also doing the other 7 steps. Bonus: you can earn extra income with Premium viewers). 2. Get sponsorships: this usually requires a big following.  3. Monetize your livestreams: Use paid digital goods, which are online-only items that exist on YouTube to be purchased your fans.  4. Create YouTube ChannelMembership: where you get paid subscribers for your YouTube channel.  5. Use the merchandise shelf: create merchandise and sell it on YouTube to your community.  6. Become an affiliate marketer: programs offered by companies where you promote their product/service in return for a commission if you convert a sale.  7. Build a video streaming site: turn your YouTube channel into a marketing machine that lets you direct your viewers to your off platform, paid, video streaming service.