Investment banking analyst Ben Chon left his job in 2018 despite his lucrative opportunity. It was a year after his mother was diagnosed with ALS (amyotrophic lateral sclerosis), a disease of the nervous system that weakens muscles and impairs physical function. But after this, there was no turning back for Chon, who started Rareliquid, a YouTube channel, after trying his hand at starting a fashion company. Here, he did what he used to do best: how to find and land a career in finance, technology, and cryptocurrency. Today, Ben Chon has over 71,000 followers and earned $ 26,000 in revenue for the month of November.
When Chon left his job as an investment banking analyst at JP Morgan in San Francisco after his mother's diagnosis, he took a deep look at her life. She went on a trip, took care of her ailing father, and ultimately decided to quit her job to start a fashion brand called Asthetic Studios, Business Insider reported.
After getting a taste of entrepreneurship, Chon decided to let it go. He closed his business. That was the start of Rareliquid, a YouTube channel that provides advice on cryptocurrencies, stocks, and careers.
"I don't really see Rareliquid as a YouTube channel," he told Insider in an interview. "I have a lot of ideas for the different income streams and mini businesses within the entire business."
Chon's ideas finally paid off when he earned $ 19,000 in July this year from Rareliquid through advertisers, brand endorsements, course offerings, and resume tips.
โI got a job at JPMorgan after college and worked as an investment banking analyst for almost three years. But there was a personal reason why I decided to leave that career, "Chon said in the interview, adding that he always liked investing in stocks.
After deciding to close her clothing brand business, which was an idea that combined her passion for stocks and art, Chon applied to business school. โWhile waiting for the business school decisions, I started my YouTube channel, which has since grown to almost 70,000 subscribers. They accepted me to the Wharton School of the University of Pennsylvania, but they put me off until next year. Meanwhile, I spend time with my family and build the canal.
Entrepreneurship has always been exciting for me because the goal is to create something out of nothing, "he said.
Chon shared that he never made a profit from his clothing business and worked as a recruiting coach to make ends meet. Now that I've moved to YouTube, I can still teach students and subscribers, but in a much more creative way, which has led to more varied sources of income. Today my income comes from YouTube AdSense (the money YouTube pays creators to generate a certain number of views), brand endorsements, teaching professional courses where I work with others on everything from creating their resumes to creating making your first investments, and my Patreon. "
Patreon is a platform that allows Chon followers to pay to register and gain access to its content.
In the month of November, all of Ben Chon's sources of income generated an income of $ 26,000. โThe exciting thing about creating a community like this is that it is scalable. The more I work as a creator, the more my community grows and the more enduring and financially successful my associations are, "said the YouTuber.
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