1of10 Podcast

Meet The $100M Founder Making YouTubers Rich (Eric Wei)


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Meet Eric Wei - the co-found of Karat. In this episode, he discusses his journey to building Karat, as well as common mistakes YouTubers make that cost them $1000s every month.


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Karat’s Socials

YouTube: @trykarat

Instagram: https://www.instagram.com/trykarat/

Website: https://www.trykarat.com/


TIMESTAMPS:

0:00 - Introduction

0:55 - The advice he’d give to a small YouTuber who’s just starting to make money

3:35 - The most creative way he has seen creators monetise beyond advertisements

6:17 - The biggest mistakes he has seen creators make with money or finances

8:08 - The opportunities creators overlook to make money

8:55 - How to find the right sponsorship agency

11:49 - Traits that successful creators have

14:05 - The best way creators can build and engage their audiences today

15:59 - The origin story of Karat

22:59 - Who to hire first and what to do with a huge amount of money

24:35 - Who else he hires to grow the company

25:44 - The decisions that helped his company to stand out

26:51 - How many employees he has

27:21 - Advice on managing a team and scaling

28:54 - How to deal with the stress of managing 15-20 employees

30:04 - How many creators are on Karat

30:29 - How he attracts big creators to the platform

32:07 - The biggest challenges when working with creators

33:00 - The next big challenge Karat needs to overcome to continue scaling and serving creators

33:45 - The vision for Karat in the next five years

34:23 - What he would recommend to a creator with a niche audience to do to start a business

34:48 - The biggest trends shaping the creator economy

37:33 - How creators can deal with financial stress

38:02 - How AI will impact the future of content creation

38:57 - How he sees the future of content

41:37 - What small creator he would invest in

42:35 - What his dream is


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1of10 PodcastBy 1of10 Media