Can you make money in eSports, playing video games? Is it a viable career? Video games have certainly seen a rise in popularity over the last couple decades.

 

In this episode, I talk with Ken Ngao about eSports and video gaming as a job. The rise in popularity of video games over the last couple decades in combination with streaming has started to make gaming not just a hobby, but an income source for many people and has attracted a lot of money into the industry and even formed Major League Gaming circuits. But since the industry is still so new relative to traditional sports, the long-term prospects are still up for debate.

 

Key Points in the Podcast:

-Video gamers can earn $3,000-$5,000/month streaming on Twitch/Youtube

-Income sources for gamers include sponsorships, streaming affiliate revenue, and tournament prize winnings

-Sponsorships are the biggest income source for gamers

-A game’s popularity dictates how much money there is surrounding the game

-If you want to be a professional gamer, it takes the same level of dedication as a real job – you can’t just treat it like a hobby

-Gaming skills become obsolete quickly, so you have to constantly adapt to stay relevant

-The long term career potential of gaming is not yet tried and true

-A gaming career requires commitment, consistency, and an online (social media) presence

 

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