The important part is in bold. I totally needed this!!!

If you want to link to a specific part of a video on YouTube, you can. For example,

http://www.youtube.com/watch?v=PjDw3azfZWI#t=31m08s

Notice the “#t=31m08s” on the end of the url? That link will take you 31 minutes and 8 seconds into that video. Linking to a particular minute and second can be really helpful — for example, that link takes you straight to where someone asks Eric Schmidt a question about Twitter. From there, you can listen to his answer, where he says (among other things):Link to a specific part of a YouTube video

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