Getting Rich on Social Media

Getting rich quick and easy is something that many people dream of and some are able to achieve thanks to the resources provided by social media. Users are able to follow seasoned celebrities and even find new people who they find interesting in one way or another. Many teenagers and even schoolchildren dream of becoming YouTubers with millions of fans around the world. Their parents probably wouldn’t mind helping to finance their future education with any possible monetization that comes out of it, too. If others can do it, why can’t you?

Making money on social media might seem like an unattainable dream to people who have an idea but haven’t found success yet…even after posting a video when a kitchen cabinet “randomly” fell in the middle of a cooking lesson. Seriously, folks, watch your kids when they are in the kitchen…and when they have a video recording device. It seems as though they’ll do anything for a like.

There are, however, lots of very prominent success stories. Athletes, singers, daredevils, actors, and comedians have all been able to use social media to boost their popularity, pick up followers, and even earn money directly using social media platforms.

Earning money on social media means that you have to establish your popularity. And this begs the question of what it means to be popular. Writer Vladi Vasilev suggests, among other things, investing in clothes and being entertaining. Sound a bit like middle school? Well, that’s pretty much the level that social media is designed to be accessible to, so if you’re one of the proverbial cool kids, you should have a fighting chance. What so much of popularity, both online and offline, comes down to is confidence. If you are sure of yourself, chances are that’s going to show and people are going to find you interesting.

But the people who are really making money on social media typically aren’t the creators of popular content. Monetization is a science, and advertisers are masters of this science. This is why they partner with content creators to maximize their advertising budgets and companies end up earning up to $9 for every dollar that is spent on influencer marketing. So even if you are popular, it doesn’t mean that you are going to be the one making the real money from your content. What real incentive, then, is there to create content? Shouldn’t you be the one making money and not advertisers?

You should be and you can be with Monoreto. This is a new blockchain social media platform that charges users for liking what they really like and promoting the creators of content instead of the advertisers and existing social media arrangements that make money off of talent today. Find out more about this new approach to social media at www.monoreto.com.
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