In this tutorial I will show you how to make money from youtube channel.

1. First, you need to create a Youtube account and an AdSense account, hopefully under the same Google account. Yes, Google owns AdSense and Youtube.
2. Start creating Youtube videos. Eventually, you will get an email from Youtube notifying you that you qualify to be a Youtube Partner and you can start monetizing your videos. In other words, you can start showing AdSense ads on your Youtube videos and earn money each time someone clicks an ad. Read more bout Youtube monetization/Youtube Partner program. You can also manually apply for the Youtube Partner program.
3. Before you upload your super long video to Youtube, splice it up using a smartphone app or Windows Movie Maker. Windows Movie Maker is the default video editing software that comes with Windows. Uploading a video can take hours. Splicing your video reduces the upload time and makes your video look more professional.
4. Create as many high-quality videos as often as you can. Use the Youtube statistics page to see which of your videos are getting the most views and create more similar ones.
5. Log into your AdSense account to check your daily profits. Google will send a check to your registered address monthly or when you accumulate $100 a month or over.

Just a theory

Here's an example Youtube Channel called supermac18. The channel author makes about $3000 month.

Here's a list of the mot popular or most subscribed Youtube channels along with some statistics. These Youtube channels generate 6 figure income.