Can TikTok Replace My Full Time Role as a Pharmacist

Introduction

My name is Yasser, I'm a senior lecturer in pharmacy practice and a specialist anti-microbial pharmacist. Today, I'd like to discuss my experience with the TikTok Creator Fund since I was accepted into it three months ago. Many people are unaware of how much TikTok creators actually earn, especially someone like myself with 42,000 followers.

First things first, let's address the main question: how much money do I make from TikTok, and is it enough for me to reduce my working hours or even replace my job altogether? In short, absolutely not. I'm miles away from that possibility, but let's delve into some figures to give you a better understanding of TikTok earnings.

What is the TikTok Creator Fund?

The TikTok Creator Fund is a mechanism through which TikTok allows creators to monetize their content. Essentially, TikTok allocates funds to pay creators for their videos. If you're familiar with TikTok, you'll know that becoming famous on the platform doesn't always require creative abilities. Despite this, some creators can earn substantial amounts of money.

I've focused on creating educational content around medications, which isn’t the most popular topic on TikTok. Despite this, I’ve managed to connect with over 40,000 followers, proving that there’s a niche for this kind of content.

TikTok has set aside £54 million for creators across the UK, Italy, Spain, Germany, and France. This means this amount needs to be distributed among creators in all these countries, making it challenging to earn a significant portion of this fund.

Earnings Breakdown

Over the past three months, I've earned £40 from TikTok. In the last month alone, my videos accumulated 1.6 million views. Generally, 100,000 views translate to around £2-£3, so 1 million views will fetch approximately £20. Hence, the majority of the £40 I earned in the past three months was accumulated in the last month.

People might expect higher earnings, but you have to consider the big creators who produce content gaining 30-50 million views per TikTok. These users earn significant daily incomes. To put this in perspective, consistently getting 1 million views every day for 28 days will result in approximately £560 (before tax). TikTok ensures taxes are paid on these amounts.

Therefore, unless you consistently get around 4 million views daily, generating an income that can replace a full-time job is not feasible.

On most days, my earnings range from 15 to 20 pence, with occasional days bringing in a few pounds. One critical aspect to mention is TikTok's algorithm, which is one of the most unpredictable social media algorithms. Interestingly, the videos that generate the most views usually have a 97% watch rate from non-followers, making it challenging to maintain consistent earnings despite having 42,000 followers.

Conclusion

Even though the TikTok Creator Fund is relatively accessible compared to other platforms, like Instagram where it took me about a year and a half to reach 10,000 followers, TikTok's unpredictability makes it tough to rely on it for substantial income.

I hope this article gives you a clearer understanding of the TikTok Creator Fund. For those interested in my work, I have linked my social media platforms in the description below. Feel free to subscribe and give this article a like if you found it helpful. Thank you for reading, and I’ll see you in the next one!

Keywords

TikTok Creator Fund
Pharmacist
Earnings
Social media
Algorithm
Monetization
Educational content

FAQ

1. What is the TikTok Creator Fund? The TikTok Creator Fund is a method through which TikTok pays creators for their content. It allows creators to monetize their creative efforts.

2. How much money can you make from TikTok? Earnings vary widely. For 1 million views, you can generally earn about £20. High-profile creators can earn significantly more, especially those with videos getting 30-50 million views.

3. Is it feasible to replace a full-time job with TikTok earnings? For the majority of creators, including myself with 42,000 followers, it's not feasible to replace a full-time job with TikTok earnings unless consistently getting millions of views daily.

4. How unpredictable is the TikTok algorithm? The TikTok algorithm is highly unpredictable. Videos that often get the most views are watched primarily by non-followers, making it difficult to predict what content will go viral.

5. How does the TikTok Creator Fund compare to other platforms? The TikTok Creator Fund is easier to join compared to other platforms. For example, reaching 10,000 followers on Instagram took much longer than gaining 40,000 followers on TikTok.

6. Why is it challenging to earn from TikTok? The main challenge lies in the distribution of the Creator Fund among many creators and the unpredictable nature of the TikTok algorithm.