People are making money by posting videos on YouTube; that’s a fact. In the earlier days, once you create your YouTube channel and start posting videos, you can start making money right away.
But things aren’t that easy these days. For your channel to get monetized, it must have at least 1000 subscribers and 4000 hours watch time in the last 365 days.
In addition, your channel and videos must comply with all YouTube monetization guidelines.
What you will need for YouTube monetization
Gmail account: to open an AdSense or YouTube account, you will need gmail.
Adsense account: AdSense is the platform through which your YouTube earnings and payments are processed. To create an adsense account you will need either your own website, youtube or blogger account where google can place adverts. Your website, youtube or blogger account must have sufficient original content for a successful application.
YouTube channel: you will need to have created and run a youtube channel by posting original legitimate videos prior to monetization.
To know more about types of videos you can monetize, see youtube monetization policies.