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How Much Money MrBeast Makes | The Full Story

Graham Stephan2022-09-26
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4M views|1 years ago
💫 Short Summary

Mr. Beast discusses his YouTube success, work ethic, income sources, and business expansion plans. He prioritizes creating top-quality content, investing in his business, and balancing work with personal life. With a focus on originality and growth, he aims to inspire positive actions in viewers and continue expanding his brand through various ventures, including Beast Burger and merchandise. Through delegation and focus, he maintains financial freedom and competitive drive in his relentless pursuit of success.

✨ Highlights
📊 Transcript
Mr. Beast's YouTube success and journey from humble beginnings to a conglomerate.
00:27
Hiring help to increase efficiency and evolving content over time.
Mr. Beast's intense work ethic, dedicating almost every waking hour to YouTube.
Feeling unfulfilled when not working and struggling to wind down at night due to constant ideas and reflections on improvement.
Aiming to find balance and improve sleep quality by setting up a work area in his bedroom.
Discussion on upcoming travel plans and catching up on videos.
02:34
Emphasis on expanding knowledge to avoid repetitive content.
Description of time-consuming editing process with multiple rounds of editing.
Detailing the meticulous process of working with the creator to improve video quality.
Mention of consideration for avoiding jokes that may lower audience attention.
Mr. Beast's work ethic, income sources, and business ventures.
05:50
Beast Burger has generated over 100 million in sales and has significant growth potential.
Sponsorships have been lucrative, with deals reaching around three million.
Mr. Beast employs around 150-200 full-time employees across his various ventures.
Overview of the studio and its operations.
07:56
The studio is 40,000 square feet and is heavily used for content creation, with high monthly operating costs.
Stress on accounting team and charitable investments.
Emphasis on creating original and grand projects to engage viewers.
Goal of creating the best food and living in the studio for easy access to work.
The speaker emphasizes investing in their business for financial freedom.
09:32
High cost of building an elevator is discussed as a business investment.
Plans to expand the business through high-quality videos, mobile games, and new products like cookies and burgers.
Goal to establish physical locations and scale up to 100 locations.
Despite challenges, the speaker remains passionate and views business as a competitive sport.
The importance of creating original content on YouTube is emphasized, with success requiring more than just financial investment.
11:27
Extensive time is spent studying, developing a unique style, building sets, and editing videos to produce quality content.
Despite misconceptions, the YouTuber is excited about the platform's growth potential and their ability to inspire positive actions in viewers.
Insights are shared on balancing work and personal life, highlighting the significance of finding a partner who shares a passion for learning and experiences.
Importance of focus and delegation in running a successful business.
13:58
Hiring others to handle tasks like financial management allows creators to focus on core strengths, such as creating videos.
Emphasis on the value of laser-like focus and obsession in producing high-quality content.
Benefits of encouraging viewers to subscribe to a channel, leading to significant growth in subscribers and engagement.