A 2023 Morning Consult survey reveals that 57% of Gen Zers and 41% of U.S. adults aspire to be influencers.
Their motivations range from seeking fame and fortune to fostering community and expressing creativity through social media, according to Victoria Bachan, president of talent at influencer agency Whalar.
However, the path to becoming a successful creator is more demanding than it may appear.
Taylor Lorenz, tech and culture expert, likens the role to running an independent media company, emphasising the misconception of its ease. “Most startups fail, and most media startups fail too,” she notes.
Globally, there are 4.2 billion social media users, but only 4.7%—around 200 million—monetise their content, according to Linktree’s 2022 Creator Report. For those who do earn, many struggle to make a living.
A 2023 NeoReach survey of over 2,000 creators found that nearly half earn $15,000 or less annually, while fewer than 29% make more than $50,000.
Despite these challenges, the influencer dream remains strong, appealing to those drawn by the potential for creativity, connection, and financial success. For many, however, the reality involves hard work, persistence, and navigating a competitive and uncertain industry.
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