Video game live streaming is where participants broadcast themselves playing games to a live audience online. Therefore, spectators watch the gameplay and interact with the streamer in real time.
In recent years, many people have taken up the trend of broadcasting their video-game gameplay live, attracting thousands of spectators.
Video game streaming is fun to do, and the appeal of attracting an audience is enough to motivate you to start the business. While many starts live video-game streaming for fun, there is still the chance of making profits through advertisement, partnerships, and viewer donations.
To start a video game streaming business, choose a trending game genre. Whatever your approach, consistency is key! Game viewers should be able to see you often, so they come back to you on a regular schedule.
Besides, choosing the proper hardware and streaming services impact your performance and ability to retain viewers.
Starting a live stream gaming business requires a great deal of effort, dedication, and most importantly passion.
If you're interested in how to sell live stream gaming , or selling live stream gaming online, you can use this page as a guide for everything you'll need to know.
|Min Startup Costs||Max Startup Costs|
|Office Space Expenses||$0||$7,000|
|Training & Education Expenses||$0||$1,000|
|Advertising & Marketing Costs||$0||$2,750|
|Specific Industry Expenses||$0||$100|
|Total Startup Costs||$13||$11,659|
|High School Sports Online||nfhsnetwork.com||#53,166|
Pros & Cons
|Flexibility||You can put as much time into the business as you'd like. If you like the work and have some initial experience, you can start small and manage all aspects of the business on your own.|
|Ability to start your business from home||It's not necessary to have a physical storefront or office space to get your business started. You can do everything from the comfort of your own home, at least in the beginning!|
|Little startup costs required||The cost to start a live stream gaming business costs significantly less money than most businesses, ranging anywhere from 12 to 11,659.|
|Rewarding work||Starting a live stream gaming business can be really rewarding work. After all, you are solving an immediate issue for your customer and you're working on something you truly care about.|
|Scalable||With businesses and processes changing daily, there will always be demand for new features, products and services for your business. Additionally, there are several different business models and pricing tiers you can implement that will allow you to reach all types of customers.|
|Traffic to your website||A live stream gaming business gives people a reason to visit your website and to keep coming back to you!|
|Crowded Space||Competition is high when it comes to your live stream gaming business, so it's important that you spend a good amount of time analyzing the market and understanding where the demand lies.|
|Constant maintenance of publication||You may find yourself constantly needing to update your live stream gaming business in order to stay relevant for your audience and for those searching on google.|
|Lack of benefits||With a live stream gaming business, you are typically self-employed and responsible for finding your own insurance, which can be quite costly and time-consuming.|
|Isolation||Often times, as a live stream gaming business, you typically work alone and do not have much face-to-face interaction with other team members.|
|Taxes||As a live stream gaming business, you typically pay self-employment taxes which can be quite high. It's important to understand what you will be paying in taxes each year so you can determine if the work you're taking on is worth it.|
|No safety net||Typically, as a live stream gaming business, you do not receive a consistent pay-check and instead earn money based on your transactions each month. During the slow periods, you typically take away less since the job is based on commission. It's important to budget accordingly for the slow times.|
Hey! 👋 I'm Pat Walls, the founder of Starter Story.
Get our 5-minute email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.