Earning an easy Buck or Two

While most of us are scrambling to get a job with big company names some individuals are hitting it big on their own - and earning big bucks from it.

How do they do it? The answer is easy. They're benefitting off social media.

For example, look at the stars on YouTube like Peter Chao. The video below explains how his videos helped him get into college and then earn him money after it.



I read this book some time ago by Yochai Benkler called the Wealth of Networks [free downloadable version please click here]. He mentions that thanks to the Internet and the availability of cheap technology we can create our own user generated content and earn a buck or two from it.

For example the cost of starting a business before was much more prohibitive than it is today with the Internet. Now the cost to be a media producer is cheap and easy.

Just look at Peter Chao.