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Microstock Photography Forum - General => General Stock Discussion => Topic started by: Mogwai on February 01, 2016, 15:37

Title: Become a Millionair via Microstock Sales
Post by: Mogwai on February 01, 2016, 15:37
Has any contributor ever become a millionair selling images? Is it possible for anyone to do it?

Even outside of reality, perhaps in the area of the hypothetical, how could one do it? What would it take?
Title: Re: Become a Millionair via Microstock Sales
Post by: Justanotherphotographer on February 01, 2016, 15:54
There are some I am sure. Yuri was making millions per year.
I would guess some of the other top photographers also do.
Title: Re: Become a Millionair via Microstock Sales
Post by: stockmarketer on February 01, 2016, 16:04
There was once a frequent poster here who had a blog called Nil to Mil, which was going to detail his rise from $0 in microstock sales to a million bucks.  After a few years he realized it wasn't doable and threw in the towel... on the blog, and it seems, on microstock in general.
Title: Re: Become a Millionair via Microstock Sales
Post by: luissantos84 on February 01, 2016, 16:06
There was once a frequent poster here who had a blog called Nil to Mil, which was going to detail his rise from $0 in microstock sales to a million bucks.  After a few years he realized it wasn't doable and threw in the towel... on the blog, and it seems, on microstock in general.

I believe Matt has a SEO company now
Title: Re: Become a Millionair via Microstock Sales
Post by: stockmarketer on February 01, 2016, 16:09
There was once a frequent poster here who had a blog called Nil to Mil, which was going to detail his rise from $0 in microstock sales to a million bucks.  After a few years he realized it wasn't doable and threw in the towel... on the blog, and it seems, on microstock in general.

I believe Matt has a SEO company now

Smart man.  That's a field where one could actually earn some money.  He may have realized that he did a good job at promoting his site and driving traffic, and when the primary goal of the site looked unattainable, he took what he learned and ran in a different direction.  A 'pivot' I believe is the current buzzword for it.
Title: Re: Become a Millionair via Microstock Sales
Post by: stockmarketer on February 01, 2016, 16:13
To answer the original question...

No, it can no longer be done.

Unless you have a time machine and can take your port from today and go back to upload it in 2005. 

Look at the numbers today.  SS increased its overall portfolio by more than 50% in the past year.  And at this rate of growth, they might soon be doubling every year.  Even Yuri and the like must be struggling to hold on to a fraction of what they once earned.

Someone starting today is a microscopic drop in an ocean that widens every day.
Title: Re: Become a Millionair via Microstock Sales
Post by: Justanotherphotographer on February 01, 2016, 16:20
I agree that Yuri is likely making a lot less now than at his peak. I still think there's  one or two making a million per year. I would think only because they built a very large portfolio over the years and are still adding masses to it.

Starting from scratch now I think you'd struggle as an individual. You would need a studio set up with staff. Any big investment like that would take so long to pay you back in the current conditions I am not sure it's worth it anymore.
Title: Re: Become a Millionair via Microstock Sales
Post by: Justanotherphotographer on February 01, 2016, 16:21
There was once a frequent poster here who had a blog called Nil to Mil, which was going to detail his rise from $0 in microstock sales to a million bucks.  After a few years he realized it wasn't doable and threw in the towel... on the blog, and it seems, on microstock in general.

I believe Matt has a SEO company now

Smart man.  That's a field where one could actually earn some money.  He may have realized that he did a good job at promoting his site and driving traffic, and when the primary goal of the site looked unattainable, he took what he learned and ran in a different direction.  A 'pivot' I believe is the current buzzword for it.
I though SEO was similar to microstock, a get rich quick scheme  ;D
Title: Re: Become a Millionair via Microstock Sales
Post by: Copidosoma on February 01, 2016, 16:22
Some of the image factories might be making that much but then the money is shared by a number of people.
Title: Re: Become a Millionair via Microstock Sales
Post by: Justanotherphotographer on February 01, 2016, 16:25
Wait. Does the OP mean total or per year? I make low six figures per year and am not near the top so there must be lots of people that have made a million total over the years.
Title: Re: Become a Millionair via Microstock Sales
Post by: ShadySue on February 01, 2016, 16:27
There are some I am sure. Yuri was making millions per year.
Yeah, but with his outlay and big staff, how much profit is he making?
Title: Re: Become a Millionair via Microstock Sales
Post by: Justanotherphotographer on February 01, 2016, 16:28
He claimed to be making in excess of ten million so I am guessing still more than a million.
Title: Re: Become a Millionair via Microstock Sales
Post by: Jo Ann Snover on February 01, 2016, 16:29
Taking the time machine out of the picture...

You don't say what needs to be $1m - gross royalty income? net income? Having $1m in assets aside from your annual income?

If you are concerned about gross revenues, getting that to $1m per year requires vast volumes of images. Which means lots of people shooting and processing them. That's probably do-able but who would? Because your costs would be high and your net profit small.

Perhaps you could tackle 4K video and try to lock that up? It's newer than illustration or stills, but I think the buyer population is smaller as well as the supply, so I don't think that's a sure bet either.

Start an agency? :)
Title: Re: Become a Millionair via Microstock Sales
Post by: ShadySue on February 01, 2016, 16:34
Actually, the OP didn't specify the currency of millionaire. Could make a big difference.
Title: Re: Become a Millionair via Microstock Sales
Post by: etudiante_rapide on February 01, 2016, 16:39
yes, i have LOL
when i was starting in microstock i was living in a country where 10,000 local currency = $1US
i was indeed rolling in local currency and yes, i made my first million very quickly.
but when i was relocated and posted in US, i became close to a beggar with my earnings of microstock...

actually, no, correction, i made far less than the squeezee kid at the junction, and far less than the mime at the waterfront . 8)
Title: Re: Become a Millionair via Microstock Sales
Post by: Copidosoma on February 01, 2016, 16:41
Actually, the OP didn't specify the currency of millionaire. Could make a big difference.

True, I walked away from a bank machine in Cambodia a millionaire. That was nice.
Title: Re: Become a Millionair via Microstock Sales
Post by: sharpshot on February 01, 2016, 17:14
I think it would still be possible to make a million starting today, spend 10 million taking the photos, going to locations nobody goes to, hiring supermodels, easy :)
Title: Re: Become a Millionair via Microstock Sales
Post by: Hongover on February 01, 2016, 17:17
It's still possible.

If someone at top 1% was making $5000 a month over 20 years consistently (minus taxes), he/she would be millionaire. Assuming he doesn't spend any of it of course.
Title: Re: Become a Millionair via Microstock Sales
Post by: etudiante_rapide on February 01, 2016, 18:09
I think it would still be possible to make a million starting today, spend 10 million taking the photos, going to locations nobody goes to, hiring supermodels, easy :)

or you could make a million isolated photos of marijuana and get ss to advertise your product for free. then give and take , in one year or so, the druggie in your area and around the globe will know where to find you. you get 0 dls, but your free ad will make you surely a millionaire in no time ;D
Title: Re: Become a Millionair via Microstock Sales
Post by: stockastic on February 01, 2016, 20:49
I think it would still be possible to make a million starting today, spend 10 million taking the photos, going to locations nobody goes to, hiring supermodels, easy :)

or you could make a million isolated photos of marijuana and get ss to advertise your product for free. then give and take , in one year or so, the druggie in your area and around the globe will know where to find you. you get 0 dls, but your free ad will make you surely a millionaire in no time ;D

Funny!  But seriously - do we know if this particular guy has actually made any money from these photos? 
Title: Re: Become a Millionair via Microstock Sales
Post by: Hongover on February 01, 2016, 21:07
I think it would still be possible to make a million starting today, spend 10 million taking the photos, going to locations nobody goes to, hiring supermodels, easy :)

or you could make a million isolated photos of marijuana and get ss to advertise your product for free. then give and take , in one year or so, the druggie in your area and around the globe will know where to find you. you get 0 dls, but your free ad will make you surely a millionaire in no time ;D

Funny!  But seriously - do we know if this particular guy has actually made any money from these photos?

Yes, he does. There are about 250-500 images that sells decently and about 25-50 images that sells regularly. The strength of his portfolio is that people are not downloading one of his images, but multiple at a time. I've seen download patterns where people download multiple images from the same set at a time, so it's possible that he could have 10 downloaders that download 50 images.

My guess is that he gets about 50-100 downloads a day. Maybe more.
Title: Re: Become a Millionair via Microstock Sales
Post by: etudiante_rapide on February 02, 2016, 00:15
Funny!  But seriously - do we know if this particular guy has actually made any money from these photos?

Yes, he does. There are about 250-500 images that sells decently and about 25-50 images that sells regularly. The strength of his portfolio is that people are not downloading one of his images, but multiple at a time. I've seen download patterns where people download multiple images from the same set at a time, so it's possible that he could have 10 downloaders that download 50 images.

My guess is that he gets about 50-100 downloads a day. Maybe more.

well, that proves my point , even though it was in jest...
the free advertisement of his product does work with ss.

hmmm, i guess we should think of using ss as a way to push our own products ...
whether it is marijuana , tomatoes , apples,..

what next???  s*xy escort service   ;D ;D ;D ;D
Title: Re: Become a Millionair via Microstock Sales
Post by: Stockmaan on February 02, 2016, 00:29
Yes u can sell image potatoes if you want to become a millionaire  8)
Title: Re: Become a Millionair via Microstock Sales
Post by: Difydave on February 02, 2016, 07:50
If I wanted to become a millionaire, I wouldn't be doing microstock. You need to look for something that has a large potential for growth, and a good profit margin. Something that is protected in such a way to stop competition if possible. You don't want to be investing in your own labour.
Watch "Dragon's Den"  :)

The problem is that 's exactly what every other "entrepreneur" is looking for.
I'll guess that a few individuals became pretty wealthy in the boom period of microstock. I don't think you could do it now.
Title: Re: Become a Millionair via Microstock Sales
Post by: dirkr on February 02, 2016, 08:19
I think it works the other way round: first become a millionaire, then you can spend your time doing microstock without having to worry about your financial future...  8)
Title: Re: Become a Millionair via Microstock Sales
Post by: Ronnie on February 02, 2016, 08:41
Yes, Keep uploading again~!
and if you are lucky enough you will got a million potato.  :o
Title: Re: Become a Millionair via Microstock Sales
Post by: etudiante_rapide on February 02, 2016, 09:33
I think it works the other way round: first become a millionaire, then you can spend your time doing microstock without having to worry about your financial future...  8)

LMAO... now who in the right mind would do that???
a S&M head-case , for sure !!!
if i were a millionaire, i would be out sailing with all the lovely creatures , champagne, etc...
the last thing i would want to do is aspire to be a wreck of atilla...

but it's a funny topic, so it counts  ;D
Title: Re: Become a Millionair via Microstock Sales
Post by: jacoblund on February 02, 2016, 10:49
To answer the original question...

No, it can no longer be done.

Unless you have a time machine and can take your port from today and go back to upload it in 2005. 

Look at the numbers today.  SS increased its overall portfolio by more than 50% in the past year.  And at this rate of growth, they might soon be doubling every year.  Even Yuri and the like must be struggling to hold on to a fraction of what they once earned.

Someone starting today is a microscopic drop in an ocean that widens every day.

It can definitely be done.

But there's no such thing as easy money. Nowhere. But if you are willing to work hard everything is possible. But hard work means really committing 100% of your life to making it happen. 

EDIT:
And.. If you do it for the money I'll say that the chances of success are absolute minimal. You should do it for the love of photography or for the love of being creative.
Title: Re: Become a Millionair via Microstock Sales
Post by: ACS on February 02, 2016, 11:22

...And.. If you do it for the money I'll say that the chances of success are absolute minimal. You should do it for the love of photography or for the love of being creative...

Well said!
Title: Re: Become a Millionair via Microstock Sales
Post by: ShadySue on February 02, 2016, 14:18
Has any contributor ever become a millionair selling images? Is it possible for anyone to do it?
Even outside of reality, perhaps in the area of the hypothetical, how could one do it?
Of course it is.
I'll share the secret, but don't tell anyone else:
We pay to designers $5 per 1000 downloads.
Title: Re: Become a Millionair via Microstock Sales
Post by: Mogwai on February 02, 2016, 15:36
These replies are great. Although the question is hypothetical it really offers a lens into reality: Even if we take away the human limitations and endow the image creator with top-notch talent it is still extremely unlikely anyone will get rich doing it.

I'd love to hear some more answers possibly crunching numbers and sales patterns. There are quite a few "can I make money doing this!??" threads but has anyone really done some real decent research? Most numbers and demographics we do not have access too.

I'd love to see more numbers, especially from those who have lived the game.
Title: Re: Become a Millionair via Microstock Sales
Post by: Red Dove on February 02, 2016, 15:39
Millionaires....the way things are going I'll be standing on a street corner shaking a tin cup.
Title: Re: Become a Millionair via Microstock Sales
Post by: nikon on May 01, 2016, 12:31
I would be happy even with $2000 a month. :)


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Title: Re: Become a Millionair via Microstock Sales
Post by: fmarsicano on May 01, 2016, 12:50
it is possible to do it but you need funds to hire people and models and shoot cool stuff and you could do it with video absolutely not with photos


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Title: Re: Become a Millionair via Microstock Sales
Post by: ShadySue on May 01, 2016, 13:08
it is possible to do it but you need funds to hire people and models and shoot cool stuff and you could do it with video absolutely not with photos

Even at that, would the million be turnover or net profit?
Title: Re: Become a Millionair via Microstock Sales
Post by: LDV81 on May 01, 2016, 18:36
Do you know how to make a small fortune with microstock?
Start with a big one.
Title: Re: Become a Millionair via Microstock Sales
Post by: Chichikov on May 02, 2016, 00:40
With a million you don't go so far.

Better to become a billionaire…
Title: Become a Millionair via Microstock Sales
Post by: Thomas from France on May 02, 2016, 14:44
With a million you don't go so far

hmmm...I'm pretty sure i  could  :p
Title: Re: Become a Millionair via Microstock Sales
Post by: Justanotherphotographer on May 03, 2016, 00:31
I still don't know what we are talking about. Earning a million plus profit per year or total?
Title: Re: Become a Millionair via Microstock Sales
Post by: Chichikov on May 03, 2016, 08:23
With a million you don't go so far

hmmm...I'm pretty sure i  could  :p

Je ne cracherais pas dessus… quand même ;)

I wouldn't spit on it anyway
Title: Re: Become a Millionair via Microstock Sales
Post by: kaidax on May 07, 2016, 12:30
I don't know if it's possible to become a millionaire! This guy wrote a book highlighting how to generate a liveable income from stock photography, www.amazon.co.uk/gp/product/0240808967/ref=as_li_tl?ie=UTF8&camp=1634&creative=19450&creativeASIN=0240808967&linkCode=as2&tag=zensto10-21 (http://www.amazon.co.uk/gp/product/0240808967/ref=as_li_tl?ie=UTF8&camp=1634&creative=19450&creativeASIN=0240808967&linkCode=as2&tag=zensto09-21) perhaps not a million pounds though!
Title: Re: Become a Millionair via Microstock Sales
Post by: ShadySue on May 07, 2016, 13:11
I don't know if it's possible to become a millionaire! This guy wrote a book highlighting how to generate a liveable income from stock photography, ...
Yebbut that was in 2008.
Title: Re: Become a Millionair via Microstock Sales
Post by: zorba on May 08, 2016, 18:19
Has any contributor ever become a millionair selling images? Is it possible for anyone to do it?

Even outside of reality, perhaps in the area of the hypothetical, how could one do it? What would it take?

work, work, work.
or in other words:

think, organize, shoot, edit, upload, index and restart.
EVERY
SINGLE
DAY.
Title: Re: Become a Millionair via Microstock Sales
Post by: Brightontl on May 12, 2016, 05:50
You can become a millionaire with stock...
... but you have to start as a billionaire