1
1

00:00:00,550  -->  00:00:03,100
<v ->A lot of people make money on YouTube</v>
2

2

00:00:03,100  -->  00:00:06,320
by selling products through affiliates,
3

3

00:00:06,320  -->  00:00:07,890
or it's a promotional video
4

4

00:00:07,890  -->  00:00:10,330
and someone's paying them to pitch their products.
5

5

00:00:10,330  -->  00:00:11,163
That's fine if you do that.
6

6

00:00:11,163  -->  00:00:11,996
I don't do it.
7

7

00:00:11,996  -->  00:00:13,040
That's cool if you do.
8

8

00:00:13,040  -->  00:00:14,770
But if you go down that path,
9

9

00:00:14,770  -->  00:00:17,790
always, always, always throw that disclosure in
10

10

00:00:17,790  -->  00:00:20,305
because you want to have 100% transparency
11

11

00:00:20,305  -->  00:00:22,500
all the time.
12

12

00:00:22,500  -->  00:00:25,750
As it just takes, as Warren Buffett said,
13

13

00:00:25,750  -->  00:00:28,770
it takes 30 years to build up a wonderful career,
14

14

00:00:28,770  -->  00:00:30,910
and 30 seconds to ruin it.
15

15

00:00:30,910  -->  00:00:32,010
And with social media,
16

16

00:00:32,010  -->  00:00:34,030
it can take like half a second.
17

17

00:00:34,030  -->  00:00:35,093
So just be careful.