A couple of days ago I wrote a post talking about some British parents who published a 57-second video of their children on YouTube and ended up making over $150,000 from that video alone. Most people who left a comment wanted to get more information on how to make money on YouTube, so I decided to write a follow-up post about it. In a nutshell you make money on YouTube by becoming a YouTube partner, which allows you to display ads on your videos, and then you earn a percentage of the revenues generated by clicks on those ads, much like with AdSense. As for how much money you can actually make, I heard numbers anywhere from $3 up to $10 per 1,000 video views. However, the process of becoming a YouTube partner is not as trivial as becoming an AdSense publisher. Below you’ll find the basic steps you need to go through: 1. Make Sure You Have an AdSense Account While the process to be able to display ads on your YouTube videos is a separate one, your earnings and stats will go together with your AdSense account, so you need to have one. In theory you could apply to become a YouTube partner before having an AdSense account, and in case you get accepted you would then follow up with an AdSense application. I believe the other way around is much simpler, Regards Kishore
Nice info. create adsense account only if your website reaches min. traffic of 1000 daily visitors and you should NEVER ( even accidentally ) click ads on your website