Started in 2005, YouTube quickly became one of the hottest sites on the internet. Now youtube site serves up over one hundred million videos a day. According to the research site HitWise, YouTube can claim over 46 percent of the entire online video market. Considering that site was started by three twenty something techies in silicon valley, and then sold to Google for $1.65bln in late 2006, it is easy to see how the site has started a revolution in the world of online video.

Today the site serves up 100 million videos to users worldwide each and every day. From simple messages uploaded by users, to professionally produced videos, you can find almost anything on YouTube. The site really has become a phenomenon in the world of online video, and social networking.

YouTube makes a ton of money and if you could make only a fraction doing the same thing on your own (while having fun at the same time) it would be a very worthwhile money making venture. You can now create your own YouTube clone video site with pre build script with out the need for large investment or vc funds.

Here's how to get your own youtube clone site going:

1. vShare Youtube Clone script is a PHP script that allow you to build your own video sharing site like youtube. This script only cost $10, get a copy of the script from http://www.vshare.in

2. Once you have the script you need a domain name and web hosting to start your youtube clone. Find a domain name which is catchy, cool, or clever will go a long, long way in making your youtube script site not only popular but a money maker. Make sure your domain is easy to spell and not confusing. Video sharing sites need special web hosting to do video conversion. You can get domain name and youtube clone hosting from http://www.hostonnet.com/ffmpeg_hosting.php

3. To make money from youtube clone site, you need to signup with advertising program like Google AdSense, Yahoo Search Marketing, etc... and showing advertisements on your web site.