Can you make money in eSports, playing video games? Is it a viable career? Video games have certainly seen a rise in popularity over the last couple decades.
 
In this episode, I talk with Ken Ngao about eSports and video gaming as a job. The rise in popularity of video games over the last couple decades in combination with streaming has started to make gaming not just a hobby, but an income source for many people and has attracted a lot of money into the industry and even formed Major League Gaming circuits. But since the industry is still so new relative to traditional sports, the long-term prospects are still up for debate.
 
Key Points in the Podcast:
-Video gamers can earn $3,000-$5,000/month streaming on Twitch/Youtube
-Income sources for gamers include sponsorships, streaming affiliate revenue, and tournament prize winnings
-Sponsorships are the biggest income source for gamers
-A game’s popularity dictates how much money there is surrounding the game
-If you want to be a professional gamer, it takes the same level of dedication as a real job – you can’t just treat it like a hobby
-Gaming skills become obsolete quickly, so you have to constantly adapt to stay relevant
-The long term career potential of gaming is not yet tried and true
-A gaming career requires commitment, consistency, and an online (social media) presence
 
Lastly, you can subscribe to The Post Money Plan podcast here.