YouTube Struggle: Scammed $175,000 & Facing Ad Woes
Key insights
- ⏰ Struggling with erratic upload schedule and lack of ads on videos
- 💸 Revealing being scammed $175,000 by someone met at gaming convention
- 😔 Admitting to low motivation and tough times on YouTube
- 👀 Trusted and looked up to a YouTuber who seemed cool and successful
- 🚫 Ignored warnings from other YouTubers about not trusting him
- 💼 Trusted a shady sponsor, took sponsorship deals, and sponsor managed many sponsors on the channel
- 💰 Approximately $175,000 in ad payments unaccounted for, responsible party claims employee error and financial hardship
- 🛡️ Reliance on Patreon as the main source of income, legal procedures for fraud will be costly and time-consuming
Q&A
What actions has the YouTuber taken to address the situation?
The YouTuber has hired a lawyer despite feeling skeptical about the outcome, apologized for the sporadic upload schedule, expressed gratitude for support from Patreon and viewers, and voiced frustration with YouTube's monetization policies.
How did the loss of ad revenue affect the channel?
The channel was demonetized due to strike testing and multiple uploads, leading to a reliance on Patreon as the main source of income. Legal procedures for fraud will be costly and time-consuming, prompting the creation of exclusive content on Patreon.
What is the issue with ad revenue and payment handling on the channel?
Approximately $175,000 in ad payments is unaccounted for, with the responsible party claiming employee error and financial hardship. The YouTuber may need to hire private investigators and a lawyer to recover the funds due to limited liability of corporations.
Why does the YouTuber talk about trust issues?
The YouTuber trusted a seemingly successful YouTuber and a shady sponsor who managed many of the channel's sponsors, but these experiences led to reflecting on negative experiences and reconsidering trust.
What happened to the YouTuber in the video?
The YouTuber revealed being scammed $175,000, struggled with an erratic upload schedule, faced the loss of ad revenue, and expressed low motivation while reflecting on trust issues and negative experiences.
- 00:00 Struggling YouTuber gives update, reveals getting scammed $175,000, and talks about difficulties and low motivation. Schedule is erratic and no ads are playing on videos.
- 01:06 The speaker trusted and looked up to a YouTuber who seemed cool and successful, even though others warned him not to trust the person. Now, the speaker is reflecting on the negative experiences and is reconsidering his trust.
- 02:13 The YouTuber trusted a sponsor who turned out to be shady but continued to work with them, and eventually, the sponsor managed many of the channel's sponsors. YouTubers often have multiple responsibilities.
- 03:21 The speaker trusted someone to handle the payment from ads on their channel, but approximately $175,000 is unaccounted for, and the responsible party claims an employee error and financial hardship. The speaker may need to hire private investigators and a lawyer to recover the funds.
- 04:29 The channel was demonetized leading to loss of income, prompting reliance on Patreon for support. Strike testing resulted in demonetization of both channels. Legal procedures for fraud will be expensive and time-consuming. Ads have been removed from videos but exclusive content is available on Patreon.
- 05:43 The speaker has hired a lawyer to address some issue, despite feeling skeptical about the outcome. They apologize for potential changes in video content and express gratitude for support from Patreon and viewers. They also express frustration with YouTube's monetization policies.