DIGITAL STARTUP SOCIETY BLOG — Live Streaming

To make live streaming a business, you need to figure out how to monetize it from day one. Just like any business, if you don’t know how to monetize it, you won’t be profitable or sustainable. It’s important to note that making money from live streaming takes time and is likely not a business that will generate revenue on day one. Live streaming can be as profitable as you want it to be and depends on the work or goals you establish from the start.   The following are the numerous ways to monetize your live stream: Donations Donations can...

While a business plan doesn’t equal instant success, a business or live stream without one certainly doesn’t mean increasing them either. You need to develop a plan to be sure you achieve your goals and drive a sustainable business. Don’t simply go with the flow and expect positive results. You need to create goals, clear action steps and research your industry and competition to have a chance as the competition is fierce today.       The following are the major components required to creating a live streaming business plan:  Discover Your Niche What does your live stream focus on? What are...

Unfortunately, studies have shown that people use poor audio quality to judge the rest of the content they are viewing. In other words, if your audio is poor, no matter how good the content is, they will likely perceive the video’s quality as poor. This means proper audio equipment should be at the top of your priority list.     Look at some microphones used for live streaming: Blue Yeti Pro This is the most popular option amongst streamers and content creators online. This is the only microphone that grows as you grow from a USB cable connection to a dual...

It is normal to be nervous or experience some kind of anxiety as a first-time streamer. Getting used to improv, talking to yourself and strangers takes time and practice. However, you don’t have to wait around that long to make the journey a little easier for you. You can do and learn things before you even go live to help you become a more successful streamer from the start.     The following are seven tips to ensure your first streams and more run successfully:  Have a Clear Plan and Be Consistent Don’t just go live without a plan. Know what...

Your success in running a live streaming business is highly dependent on the tools and equipment you have now and what you use later to improve and optimize your stream. Unfortunately, this means live streaming is not a business that can be started on a tight budget. Without the proper equipment, you can’t expect success or even a chance at it.    Here is a list of the essential tools and equipment needed to start your first live stream:  Desktop Computer, Laptop or Smart Phone Firstly, before starting a live streaming business is something to stream from. It can be...