If starting a new YouTube channel in 2026, focus on the three "S"s: Skills, Strategy, and Systems.
Skills to create content that attracts clicks and viewers, and to build trust.
Strategy to define your goals, focusing on the three "F"s: Fun, Fulfillment, and Finances.
Finding alignment between you, your content, and your business is important to achieve all three "F"s.
You can either start with a content-first approach (focus on fun and fulfillment, then monetize) or a business-first approach (focus on monetization, then align content).
If you don't have a clear business idea yet, follow the process: Get Going, Get Good, Get Smart. Start by making some videos, then perfect your craft, and strategize only after.
Leveraging your expertise makes monetization far easier, as viewers trust experts.
Systems are critical to avoid burnout and build a sustainable channel. This includes processes for ideation, title/thumbnail/hook, writing, filming, editing, publishing, analytics, and content repurposing.
Only after gaining experience and improving your skills, start strategically thinking about your niche and business model.
Practical Questions to Find Your Niche and Business Idea [18:41]
These questions help you to find a business idea that aligns with your skills, passions, and market needs:
If you were building a YouTube channel, and you knew you could never make money from it, what topics would you want to talk about? (Identifies Passions)
What kind of problems do people (in work or in life) ask you to solve for them? (Identifies valuable skills and problem-solving abilities)
What things do you find strangely easy, but you're surprised that other people find strangely hard? (Reveals your natural competitive advantage)
If you had to build a physical product business, what physical thing would you potentially sell?
If you had to start a business where you had to create content about the topic of the business for the next five years, what topics would you choose?
Ability to create videos that keep viewers engaged and maintain high audience retention. This includes scripting/storytelling, lighting, sound design, and on-camera presence.
Ability to demonstrate your integrity and expertise. This is particularly important for educational content.
Why Leaning into Expertise Makes Monetisation Far Easier [22:07]
It's far easier to build a YouTube channel that offers fun, fulfillment, and financial freedom if you leverage your expertise.
Example: Tiago Forte [22:27] and Hannah Martin [27:03] leveraged their existing expertise (productivity/AI, ballet) to create educational content, build trust, and then offer high-priced courses and services.
Challenge for Entertainment Channels: Entertainers often monetize their attention (e.g., MrBeast with chocolate, KSI and Logan Paul with energy drinks), which is very difficult and requires massive reach. They monetize their popularity rather than their expertise.
Advantage of Expertise: Niche experts can earn millions of dollars per year with just a few thousand subscribers by solving a painful problem (saving/making money, saving time) and charging high prices.
If you don't have expertise already, you can learn it and document the learning process to build credibility (e.g., AI experts who knew nothing about AI three years ago).
Practical Questions to Identify Your Expertise [26:10]
To identify your expertise, ask yourself these questions (consider both personal and professional experiences):
What skills have you learned that you could build a business or YouTube channel around?
What problems do people ask you to solve for them?
What things do you find strangely easy that other people find hard?
If you had to create a YouTube short or Instagram Reel every day for 365 days, teaching someone something, what would you teach?
Break down every aspect of YouTube video production into a workflow or pipeline, almost like an assembly line in a factory. Try to systemize each step as much as possible, without losing authenticity.