How Much MONEY I Made from Building an App | Passive Income Side Hustle

In this video I look at how much money I made from building a mobile app in 2020, and whether or not this can be a substantial source of passive income for me.
My App: play.google.com/store/apps/de...
► Grab Your Free 1-Minute Stock Cheatsheet! go.fintekmedia.com/checklist
Several months ago when I first launched my KZbin channel, I made several videos on the process of building and monetizing my first mobile app for Android. For this project I created a free app in the Google Play Store which I monetized using advertising from Google AdMob. I then basically left this app alone for 4 months to see how much income it would generate for me completely passively.
In this video I look at both how much money this app made me, where that money came from, and who is using my app. I then calculate my CPM to determine how well I am getting paid for ads versus other developers.
This was a long process to build the app to its current point, but there is still a huge amount of work I could do on the app. I am considering making some improvements to the app in the future (especially around how it is monetized), so let me know if you would be interested in watching!
📈 💸You can get free stocks by signing up for these apps:
► M1 Finance (Get $30 when you deposit $100): m1.finance/YIPMuDmLpBtZ
► WeBull (Get 2 free stocks valued up to $1600 when you deposit $100):
act.webull.com/invite/share.h...
► Robinhood (Get a Free stock when you sign up):
join.robinhood.com/kuranm1
🎥 My Video Equipment:
Camera: amzn.to/3ziQnSL
Tripod: amzn.to/2TdllLI
Microphone: amzn.to/3xgPFUz
💼 🏆 VIP Investment Group: / fintek
I am not a financial or investment advisor. Everything in this video is for entertainment purposes only. Links above include affiliate commission or referrals, and I receive compensation from partnering websites. The video is accurate as of the posting date but may not be accurate in the future.

[@FinTek]

If you'd like to see an update on how much I made 1 year after building the app, I have an updated video: kzbin.info/www/bejne/b2KodZJ_dt1_qbM

[@bladeblade5539]

Thanks for the content! i have created an App as well but used builder sites to help. It is published on all app stores and was looking for better ways to monetize it.

[@aapkaviral5696]

Great you are not like other youtubers who will say I earned 1 million and now buy my course.

[@Almediale]

I agree

[@bariettaperez]

Fr. That’s so annoying They’re already rich. Can’t they help others for free ? Lol

[@crisorchi1399]

I like these kinds of videos. Very realistic and not "How I made 100k in 6 months!" Lol. Also, I like your apartment.

[@Lostejedaliquorstore]

Good video! I am already making 300$ per month! This month I have been getting almost 2k users everyday most of them from the USA.... Growing every day

[@FinTek]

That's impressive! What category is you app in?

[@NotElmo._.]

So you need 2k users everyday for just 300 dollars? That seems pretty hard ngl

[@TRAVIS-WHITE]

Good job on this! Also, I like the energy you're adding to the videos. Energetic. Good work 👍

[@FinTek]

Thanks Travis! Glad you appreciate the energy

[@chipekowasa6571]

Thank you, need more of this. 🙏😁 Subbed

[@krishnaprasannavankayala5988]

Thanks for your video man. I developed basic functionalities for my app in Flutter and it took 3 days. Now the lectures have to be made for uploading in App. I want to sell my course, in the mean-while I wanted to monetize through Admobs. Now I learnt from you about monetization,so I will make sure my digital marketing campaigns are effective to make money.

[@Jesuisvictorious]

Keep up the authenticity! Good job in this channel, man! Hope you reach 100k soon

[@jasonl9266]

Building an app , or hosting an app . Their's a difference. You can make a boat load from just building for another company .

[@ShiLoh-bs5ux]

How can I start doing this?

[@EndrichReveil]

Love this video. I'm going through the same process with my app. Would love to follow your journey

[@DrOfChaos]

You've made me wanna try to start making apps, I love your content man

[@Joske369]

I'm struggeling getting admob to work. Did u need to make a campain or do anything in google ads?

[@Alexander_Marin7]

How do you put ads into the app?

[@teycitek]

I like the transparency. Subscribed for that.

[@r3bornthephoenix]

Got a follower here, good video

[@sandwichtube]

Your app applies to a six month window of a person’s life.

[@ravindrarana7588]

Very informative 👏👌

[@RawHasan]

400th like! :D

[@Amonfobious]

i made about 20 bucks over 2 years on a guitar scale/chord visualizer app 💀

[@HandMeDeals]

Imagine u would have scaled it

[@user-in7jk4cg2l]

Could someone tell me if make apps are profitable? I am confused.

[@anthonyzervos1579]

Did I miss you mentioning how you made your app more visible or did you say you didn’t try?

[@FreakiMuffin]

Probably a bit late, but i would really like to see how your app would benefit from different kinds of advertisements.

[@akashp4863]

kept it real, thanks bro

[@driee1482]

YES MAKE A SERIES!!!

[@FinTek]

I'm considering it!

[@0100hem]

thanks for the honest content

[@abbygale7970]

Thanks for sharing. I'm changing my mind to have an app in a Play store after I watched your video. It not worth doing if I need to pay $25 to publish an app plus I need to hire someone to develop an app for me and it's more likely that I wont' get anything back even after a year. Mind to share how is your app doing right now? Do you think it worth your time, effort and money to publish an app as an indie app developer?

[@FinTek]

It could be worth it, but only if you have a clear strategy on how you will monetize it and push traffic to it. I personally don't think it's worth my time and effort at this point, since I'm not willing to be a full-time app developer

[@sgsilvino2746]

Money of the app must be a consequence (result) of the value that the app added to the user. There is no point creating an app with 100% objective to display as many ads as possible, but also to help the user with valuable and fun content. Study niches, age groups, regions, marketing so that the app is well accepted and adds value, user retention (ensure that the same user will return to using the app) and life time value (LTV).

[@w0mblemania]

Keep in mind that the $25 for Play or $100 on the App Store is a tiny fraction of the costs for creating a full-blown, commerical app, especially if you get someone else to design and/or make it for you. It's really just not a consideration. Even if you do everything yourself (which is really not a good idea) it's going to cost you in terms of opportunity cost. (i.e. in the time that you learn and build and release and market the app, you could have gotten a degree or another job.) Therefore, you need to look at it as a business proposition, and factor in all the costs, including ongoing costs like the marketing. (And you WILL need marketing: it's extremely unlikely your app will sell anything without it.) For a first time app from scratch, you should probably look at investing 2 to 3 years of your time. Unfortunately, there is zero guarantee that you will make a return on that investment. You could literally make no money. Which means your design, your business plan and your marketing plan have to be really well-thought out. Good luck.

[@BlackSkyCrew]

Bravo! It's real to do this.

[@matthewkrekeauthor]

Has anyone noticed a decline in revenue in March 2021?

[@agbababyofficial3832]

How can I create an app for Google admob Please teach me

[@ronjohn200]

Are you currently working as an app developer? Is the job more lucrative and less stressful than making your own app?

[@ramo1056]

Absolutely don't go through it

[@ronalddumeloo1031]

Love your honesty.

[@misty23411]

What about put apps users PayPal money where they want to earn money type ads on your site

[@cryptoworld3258]

Flutter is good ?

[@BambooScar]

3:36 how much he’s made

[@mynameisvinnu]

Very useful information 👌🙏

[@FinTek]

Glad you found it useful!

[@eladan867]

I am thinking to creat a health app with helathy recipe work out and mental health sessions option.🤔 Do you think is good idea?

[@Ballu12345]

If it was Good Idea You would Have Had Made It Or Somebody else Would have

[@siemtesman]

Yes it is 🤑😶‍🌫️🤑🤑😺👍👍👌😃😗😕🤡🤑❤️

[@siemtesman]

Siv for a cookie

[@siemtesman]

Sub

[@MateoStrasdas]

Only way to find out is to do it :)

[@allywilkeforsenate]

I am thinking of making an app that shows how much money you made from a mobile app.

[@funnyguy5749]

Thank you I subscribed

[@m_camper]

Very interesting video, thank you.

[@user-jy5pu6bg5p]

can you teach how we can add ads on iOS apps ?

[@335haan5]

Man looks so fine, Clark Kent bro

[@nate420z]

Cpm is cost per milli (1000) not cost per mile

[@be_great7879]

how long does it take for a begginer who learns javascript html css react native to make a app

[@FinTek]

If you want to build a web app you could do it in a weekend. For mobile apps, you're better off learning Flutter (which is what I used for this project)

[@mithuns8410]

2 min silence for those who have ad limited

[@winwinwin51]

Hey can you help me ? I need consulting ,

[@karenwong1715]

Yes for the video plz!

[@hamzaomar6643]

i also download your app 😊

[@daphnedraws_]

I wanna ask you something: to be a developer and publish your apps with the Google Play console, you have to pay an amount of 25$?

[@FinTek]

You need to pay a one-time fee of $25 for a developer account, but you can use that account to publish as many apps as you want

[@daphnedraws_]

@@FinTek ok thanks!

[@sebastiankasunga3693]

How are you man can you help me with an app,and am interested to hear more of the topics

[@RyanMoreno-p6m]

I added bacon and cheese to my ground meat usually but what is the proper time to get it medium rare? Your food looks delicious but I wouldn't has mustard 😬 but love your video bro...keep cooking up the fire

[@KIKII.K]

3:57

[@4limusic542]

great video!!!!!!!!!!!

[@FinTek]

Thanks!

[@ceez561]

This was so dope.!

[@calvinsk321]

For one to earn something decent. You must be generating more than 5k impressions.

[@tusifuedison5867]

4:27 may be I am the one from Rwanda .

[@omegagames8561]

Hi, How much click you have in the banners?

[@infogapmatrix9656]

So sincier...i"ll love to do business with people like you

[@sarimjokhio]

Wondering, how long did you take to create that app? Nice app and video by the way, and yeah, I am subscribed one!!

[@FinTek]

It took around 3 weeks to build mostly working on weekends (and a lot of that was writing the dictionary of words)

[@livingthelifeluxury3801]

Can i upload my app, on paid section, like i want to sell my app on playstore like in 5 dollars

[@FinTek]

Yes, you can monetize by making it a paid app

[@mitotv6376]

Nice vids

[@ergi5664]

bro can do, any video like example: Ho to implement ad mob in a flutter, when user will click in a button interstitial ads with showing, and when user will close int ads, to go in next activity?

[@FinTek]

Checkout Alltechsavvy on KZbin. They have a bunch of good tutorials for flutter implementations

[@factomy]

Pls I have a question. Does your app require internet connection to function or it's okay being offline?

[@randolphschreiner4479]

It's not too late to build an app.

[@syednajamulhasan3128]

Thats discouraging, but honest

[@FinTek]

I hope it isn't too discouraging, after all I did not put a huge amount of effort into effectively monetizing the app

[@4limusic542]

pretty realistic

[@saniahamed34]

good content!

[@shohaghossin7600]

nice vedio

[@danmutis]

hello great content

[@designj1451]

I’m more into the tech industry. Which type of app ideas are their for people learning software?

[@sixstanger00]

As both a user and programmer myself, a few words of caution: First of all, no one....and I mean NO ONE likes ads in their apps -- disruptive or otherwise. I get that it's the easiest and most convenient way to "monetize," but just know that you're already putting off a percentage of users on this alone. Ads have become the go-to because advertisers know apps are an easy way to get in front of people's eyes. Fair enough, but there's a reason browser add-ons like AdBlocker were developed, and there's a reason certain websites have had to implement gates demanding Ad Blocker be switched off in order to use their site. It's because BOTH parties know users hate ads. 1:42 - No one likes having to pay for additional content. This trend of "DLC" needs to effing die. An app is nothing more than the digital equivalent of a 90s/00s video game or computer program; if I have to go through the hassle of downloading & installing the app, I should be getting the whole thing. Expecting users to fork out hundreds of dollars on top of being bombarded with ads for additional content is just down right scummy. 1:48 - I know "create an account" is also the trend these days, but once again.....users *_hate having to do this._* For one, it's just another set of login credentials they have to keep track of. Secondly, it opens up possibilities of identity theft, because many users use one password across multiple accounts. But most of all, your reason for considering this option - to, "push out offers to their emails" - is *_exactly why people hate doing this!_* You think people WANT to be bombarded with your BS everyday in their inboxes?! When the hell did spamming the s*** out of people become acceptable Internet etiquette?! I would never, EVER ask or demand any personal information from my users. So you might be wondering then, "Well damn, Six.....how am I supposed to make money on this app?" The answer is simple. Sell your app for a few bucks per download, and market it as ad-free, commercial free, subscription free, no accounts, etc. Give people incentive to use your app. If it's useful, easy to use, and doesn't annoy the hell out of them with ads, subscriptions, BS offers, etc, they will gladly pay the 5 bucks to download it. The average app gets 1.64 million downloads. At 5 bucks a pop, that nets you $8.2 million. If that's not enough, the problem isn't your app. It's your insatiable greed. Also...far be it for me to question the integrity of a multi-billion dollar company like Google, but I'd rather not trust them to handle whether I get paid or not. Having run ad campaigns on Facebook, I can tell you that I'm almost positive these companies skew/doctor performance/results. If you run an ad on FB that pays by the "PM opened," you'll get dozens of "users" responding to your ad and opening a PM. When you reply back, they never say anything. I even messaged a user once from my personal account asking if they'd responded to the ad. Still no response. In these cases, FB gets paid whether you make a sale or not; as soon as the ad is clicked on (or the ad *_perceives_* it has been clicked on), FB will get paid. So I'm pretty sure FB sends bot accounts to "click" on your ad. These "bot accounts" are probably real accounts that FB hijacks to prop up the illusion that a legitimate user has clicked your ad. I doubt the real owners of these accounts are even aware this occurs, which is probably why they don't reply. Anywho, point is, I would never trust Google to handle my money. Pay me when you download it. Then all I have to do is tally money earned with # of downloads to find out if someone is ripping me off.

[@Consumerliteprosound]

Do you write essays for free? I may be in need of your services :D

[@sixstanger00]

@@Consumerliteprosound No.

[@etorty_dev]

This comment should get more likes but the sad fact about the internet is that useless things get 10x up to 1000x more hype than real, valuable advice or info. I'm a developer and recently started learning Flutter. You wrote exactly how I feel about apps and the various stupid ways people try to monetize their work. I'm a strong believer in value and high quality. If you build cool solutions and experiences for your users, a fraction of them will trust you enough to pay you and will buy more from you. Easy, short-sighted and gimmicky attempts at monetization will not bring lasting, sustainable income over time.

[@Mo-lz5bv]

I love this comment. Great advice. Thank you !

[@MrFujinko]

This comment hits the nail on the head very hard. Almost every mobile "developer" i've met think an app is a vehicle to show ads and ranks value creation second to monetization. It really is very sad this is so common, and most users know this. Almost every app on Playstore is an ad with a little bit of functionality. If it even works, you bet it's almost broken because the developer want to milk you some money to "fix" it.

[@Sateer]

I think you Made this video for fun.

[@AmirRahmani3D]

One fan in Iran😅

[@sayedkazimi6214]

What we have learned today: First: nobody is using my app 😃😃😃😃🤣🤣🤣🤣 ... You are so funny 👍👍👍 Can you make a video how you monetized your app? I made to android apps but there are issues around monetizing it with Ads. Thanks

[@saxonmckenzie9260]

Good video thanks. BTW it's Cost per mille, meaning cost per thousand, mille is French for 1000, so it's not mile, sorry to be annoying😂

[@jevinjackson4173]

Hey would you like to a partner ship I’m working on something awesome

[@angrysocialjusticewarrior]

no

[@mysticboombox8064]

lol you paid yourself 0.50$, money hack

[@BugTrampler]

CPM is Cost per Mil*l*e

[@matta6817]

Discouraging but the niche is already crowded, there is no real innovation. People who want app to study don't want to see adds. If the app is good quality they may buy adds on. But still nothing inovative

[@FinTek]

That's a good point. An ad-based model may be a bad fit for this niche

[@PPLRRN]

Rwanda forever!

[@alysonramos3424]

Do another video, pls

[@FinTek]

I plan to hopefully in the next few months!

[@OnlyCleaning]

I have got 3000 impressions but I am at Portugal I gained the same XD 😂

[@NjabuloHadebe]

04:35 lool youre funny.

[@anthonybriscoe8061]

Yo lets chat

[@ITCmaterial]

Hy

[@enlightened7354]

How i earned money from youtube by liying how i made money on free app

[@MarcoMarchiUSA]

Can you build a app like Uber rideshare app? If you can, please let me know please. I have interest.

[@artisticagi]

App Cash 3:39

[@leaflife5701]

income ap

[@ichliebejava5115]

It sounds like wasting time.

[@chosenkin_]

nah im good bruh

[@jonnyjoanknecht5164]

6 users 🤣🤣🙏🙏

[@AnimasiKanasia]

Please don't film a video against the light

[@Po0pypoopy]

I gave your video a dislike

[@misty23411]

You want to find out what's trending in ads for app ads unity ads look up do your studies

[@DRAVIZZLE]

I own some apps that id like to make some improvements on could i hire you? Pm me please

[@shadiduswaibu1688]

Hello nice job Bro, please would like to learn more from you .can i get your contact please, I'm from Tanzania