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this post was submitted on 15 Oct 2023
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Games
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Video game news oriented community. No NanoUFO is not a bot :)
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No, if you want to be self employed (YouTube creator, digital marketplace owner, etc), you need to diversify your revenue streams. For a YouTuber, perhaps stream on Twitch, write up summaries of videos on an ad-supported or subscription based site, sell merch, etc. If you run a digital marketplace, sell digital content for multiple games from different publishers, and if possible, make your own digital content to sell. And so on.
The less diversification you have, the more formal and binding the contracts need to be. If YouTube wants you to be exclusive, they'll need to pay upfront for the opportunity cost you'll incur from not entertaining other options, as at as at least have a severance package if they cut your contract short to cover the transition period to a different platform.
You don't need an employment contract to avoid this type of issue, and in many cases employment contracts are less valuable than proper diversification if your role can be diversified.