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Why YouTube is Your Biggest Asset


YouTube has so many different topics that you can do find hilarious cat videos to finding videos on how to take apart a 2008 Honda Civic door so you can replace a window. During 2019-2020 I began exploring the financial side of YouTube. In the beginning I watched Graham Stephen (one of the OG finance YouTubers) and thought that I had found the holy grail of YouTube. YouTubers that wanted to help me become financially educated so I could not fall into the everyday financial pitfalls that millions of others have fallen into for decades. What I did not know was the lack of financial YouTubers that had enough experience to know what they are talking about. It's only been in the past few years that the financial side of YouTube has exploded in growth.


Now I watch Meet Kevin (a real estate, stock, and crypto investor who built his own real estate portfolio starting at the age of 19 and now teaches others how to become financially literate and build wealth), Kris Krohn (similar to Graham Stephan and Meet Kevin, but mostly focuses on the mindset you need to have about money in order to win with money and how to invest in real estate), and many other finance YouTubers.


Below is Meet Kevin (with the silhouette houses in the background) and Kris Krohn (the one with a necklace).

Meet Kevin

Meet Kevin I fell in love with because of the energy he brought and the fact that he did daily livestreams for stock market open (6am in California, which is where he lives) and stock market close (1pm in California). ON TOP of posting 1-3 side videos each day. That's 2-5 videos PER day. Like this guy is such a HuStLeR and has an impeccable work ethic which is so admirable.


Why?


Because a person who can continuously find the motivation to create so many videos on one topic is a sign of a person who thinks differently than most. Yes I know there are a lot of topics within finance that could be thousands of hours worth of content but it takes an out of the box thinker to take those complicated subjects and make them understandable, or dare I say.... entertaining????


Kris Krohn

Kris Krohn does the same thing with his videos. While he does not put out multiple videos a day, Krohn is able to make you feel like you can TrUly accomplish anything as long as you try. He has the ability to stroke your ego in a way that will make you so excited to try whatever he says (although most of the time that leads to him advertising his very expensive courses or "partnerships" that are Krohn's promise of instant wealth).


While each of these YouTubers in the Finance sector are selling you high cost courses (like Meet Kevin's Stock & the Psychology of Money course for $700, or Kris Krohn's $997 Advanced Sales and Marketing course that teaches you how to get leads for real estate), it's the type of person they are that is admirable. People that are transparent, motivating, caring, and have strong business skills. Looking past the expensive products they sell its inspiring to watch them and it creates the mindset of "I can, and I will". Anyone who has read Rich Dad & Poor Dad knows the value of having the right mindset about something.


This is why I beliee YouTube is going to be your BIGGEST asset.


Reason 1: Growth Mindset

You know how people say that you should surround yourself with good people because those types of people can influence you in a positive way and make you a good person? Well I don't have a lot of friends who are millionaires, but I applied the same strategy by surrounding myself with people I "see" on a weekly basis. Within a few months I found that I had more confidence, found myself wanting to help people more, and had a forward thinking mindset. A mindset that was thinking of ways to maximize the money I had, a mindset that wanted to learn more about how to build wealth, a mindset that welcomed delayed gratification, etc. This mindset is a tool that can help you get through the days where it feels as if there's no point. For me, these YouTuber's act as a support group that I can lean on when I feel down in the dumps. YouTube has the ability to build a strong mental mindset that can help you when you get knocked down (this doesn't have to just be in regards to finance of course).


Reason 2: Convenience


The second reason YouTube is your biggest asset besides the psychological aspect, its the convenience. I find it so funny when people say they don't know how to do x, or wish blank would be taught in school because the mindset those people have is restricting them from millions of hours worth of content just waiting to be soaked in and used. From videos on how to change the oil of a car, to the latest news happening around the world, YouTube has it all. Yes there are definitely some topics that are so niche there's just not much content. But for the majority of things, YouTube provides a convenient, audible, and visual way of giving you life changing information.


For those wishing they had been taught how to manage finances in high school or how to do taxes, I implore you to search up videos related to these topics. In fact when I was running the finance club at my high school, I basically regurgitated the information I had gathered for the last 6 months and helped students become financially educated. I left that school knowing that none of those members could complain about their school not teaching about how to handle their finances, because there was a club dedicated to the topic. On top of that, I had the privilege of going to a school that offered a Personal Finance class and required an Economics class. Which I will have to go into more detail about that Economics class in a different post, because there were some interesting things I realized about the classes.


Reason 3

The third reason YouTube is your biggest asset is because it's about the only thing that can provide such a wide range of content. If you know how to type in a question into the search bar and click on a video, you can open the door to anything you can think of. I encourage you to explore something you thought you knew and you may be surprised at the ways people have made bland topics like finance, and made them into something magnificent.


Thank you for reading my post! Make sure to follow my Instagram @thoughts_with_yilan to stay updated on my latest posts or subscribe to my blog by entering your email

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