Category: Business (Page 1 of 5)

LMS Is the Way for Effective and Efficient Compliance Training

LMS Compliance Training
Articulate 360 – LMS compliance training

Published by FrankNez Team.

For many organizations, it is mandatory to retrain their employees regularly on organizational codes of conduct, and industry regulations and compliances.

But doing this can be time-consuming and costly by using traditional training methods for training.

It can also be quite tedious for employees.

But the availability of tools like Learning Management Systems (LMS), such as Docebo, and authoring tools, such as Articulate 360, for creating corporate and compliance training courses, has made it easier for organizations to overcome these issues.

There are also several LMS that comes with in-built authoring tools that further make this more convenient. 

Compliance training is undertaken by organizations for employee training authorized by legislation, regulation, or company policy.

This training educates employees about the laws and regulations for their jobs or industry.

Ensuring everyone in the organization is up to date on the responsibilities isn’t an easy task.

To help make this task easier, LMS provides organizations with various features –

LMS features

  1. Quick and Easy Course Creation – Most LMSs have instinctive course creation interfaces that make it easy to create and make changes to courses as and when the training requirements change. This is a useful feature in compliance training, which is evolving constantly.
  2. Flexible and Fun Course Presentation – Reading and training about corporate policies are rather dreary for employees. LMSs can help a company deliver training content through a variety of interactive learning activities. If implemented well, the courses can entice and incentivize employees to increase their engagement, making the training experience less tedious for everyone involved. Most LMSs also offer training compatible with mobile devices for participation on the go. The flexibility to train whenever and wherever can positively affect employee information retention and provide long-term outcomes.
  3. Automated Reminders and Notifications – With the assistance of an LMS, organizations can ensure compliance training’s completion by the employees on time with convenient and customizable automated reminders and notifications. This helps employees stay on track and keep making progress through the training courses.
  4. Assessments and Reporting – LMS has assessment and reporting capabilities that can be extensive and includes live tracking of employee engagement and course completion, as well as automatic grading of performance. Depending on the type of LMS used by an organization, some LMSs have advanced analytics to highlight specific trends and statistics from the training courses. These trends and statistics can allow organizations to get useful insights in the future like – learner engagement, course timelines, and completion levels, performance on individual and/or group levels, probable knowledge gaps that require further course strengthening or clarification, gray areas in which the course material can be adapted to serve its training purpose better.

With organizations having access to this level of comprehensive reporting, it can prove to be particularly valuable in compliance training.

Along with these features, LMSs also offer specific features for compliance training which include –

LMS compliance training features

LMS Compliance Training features
LMS Compliance Training Features
  1. eLearning systems help organizations deliver active learning for employees with poor vision and hearing disabilities. These LMSs offer multimedia courses that consist of graphics, animations, images, and more. As a result, it also encourages the development of robust technologies which can help all employees to meet their organizational goals.
  2. GDPR or General Data Protection Regulation compliance helps secure the personal information of LMS users. It is, more importantly, useful for finance and retail sectors where the privacy of customer data is a substantial concern.
  3. Tin Can compliance LMS is mainly used by automobile and retail sectors to train their extended workforce like dealers and sales reps. This helps organizations create personalized online courses, generate automated reports, and track their performance.

From information technology and finance to retail, healthcare, and various other industries, the need to implement compliance learning management systems is increasing.

Today’s technophile millennials seek information and tech updates at their fingertips, to stay updated with new policies and regulations.

And Learning Management Systems are the way for organizations to provide that for their employees.

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Read: 5 Easy Ways You Can Earn Leveraged Income: Start Now

How To Make Money Online: Top 13 LEGIT Ways

how to make money online
How to make money online – start today!

Published by FrankNez Team

Making money online has become more and more popular in recent years. And it’s no wonder why!

With the technological advances we’ve seen in recent years, it’s now easier than ever to make money online.

There are various ways you can make money online, and in this article, you will explore the top 13 LEGIT ways to do so.

Let’s begin!

1. Start a Blog

If you’re passionate about a specific topic, starting a blog may be an excellent way to make money online.

You can monetize your blog through advertising, affiliate marketing, or selling digital or physical products.

To be successful, you’ll need to invest time and effort into growing your audience and creating high-quality content.

2. Become an Online Tutor

If you’re looking for a way to make money online, one option you may want to consider is becoming an online tutor.

There are many platforms like Upwork or Guru, where you can offer tutoring services, and many of them are very flexible in terms of scheduling.

If you have expertise in a particular subject area, you can use your skills to help others learn more about the topic and earn money at the same time.

3. Become a Virtual Assistant

Virtual assistants are in high demand, as businesses of all sizes seek efficient remote workers to help with big and small tasks.

Virtual assistants typically handle various administrative tasks, including managing calendars, responding to emails, scheduling appointments, and providing general customer service.

If you have strong administrative and organizational skills, becoming a virtual assistant is an excellent way to make money online.

4. Take Online Surveys

Making money online is not as difficult as you may think. There are many legitimate ways to make money online, and taking online surveys is one of them.

Many companies need your opinion on their products and services, and they are willing to pay you for it.

To make money with online surveys, you will need to find reputable survey companies like Survey Junkie and sign up with them.

Once you are a member of a survey company, you will take surveys and get paid for your opinions!

5. Become a Freelance Writer

One of the best ways to make money online is to become a freelance writer.

Many websites and online magazine publishers are always looking for new and high-quality content.

If you have a knack for writing, becoming a freelance writer can be a great way to earn a steady income while working from home.

6. Sell Handmade Crafts Online

Are you a creative person who loves making things with your hands? If so, selling handmade crafts online could be a great way to make extra money!

There are many different types of crafts that you can sell online, such as jewelry, paintings, knitted items, woodwork, and more.

And the best part is that there are many different platforms you can use to sell your crafts, such as Etsy, eBay, or Amazon.

7. Start a YouTube Channel

Starting a YouTube channel could be a great way to make money online if you’re creative and have something to share with the world.

You can earn revenue from advertisements, sponsorships, product placement, and selling merchandise and courses.

To get started, create high-quality videos that are entertaining and informative, and focus on topics people are searching for.

8. Become a Data Entry Worker

Data entry is one of the most straightforward options to make money online.

Data entry involves entering information into digital formats, and there is a growing demand for this type of work as more and more businesses move their operations online.

If you have basic computer skills and are comfortable using Microsoft Office or other basic office software, you can start working from home as a data entry worker.

9. Sell Unnecessary Items on eBay

If you have items lying around the house that you no longer need, you can consider selling them on eBay and earn money.

eBay is one of the most popular online marketplaces, and many people make a full-time living by selling products on the site.

To get started, create an account and list your items for sale. Be sure to include clear photos and descriptions, so buyers know what they’re getting.

10. Provide Customer Service

When it comes to making money online, providing customer service is one of the most popular and legitimate ways to do so.

Many companies are always in need of customer service representatives to handle customer inquiries and complaints via phone, email, or live chat.

If you have excellent customer service skills, then this may be the right online money-making opportunity for you.

11. Manage Social Media Accounts

Many businesses and individuals need help managing their social media accounts.

If you have experience in this area and are familiar with popular social media platforms like Facebook, Twitter, and Instagram, then this could be a great online money-making opportunity for you.

12. Become a Translator

If you know one and more languages fluently, you can consider becoming a translator.

There is a growing demand for translators as more and more businesses expand their reach to global audiences.

This can be a perfect way to get started in the translation industry, build up your portfolio while working from home and generate extra income.

13. Become a Transcriber

Transcribing is one of the easiest and most popular ways to make money online.

A transcriber’s job is to listen to audio files and convert them into written text.

If you have good listening skills and are comfortable using a computer, you can start working as a transcriber from home.

Bring in a Steady Stream of Income!

So, there you have it, 13 legit ways to make money online in 2022.

While some of these methods require a bit more work than others, all of them can help you generate an income if done correctly.

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Read: How to Start a Blog Step-By-Step for Beginners


Elon Musk Now Offers to Buy 100% of Twitter in New Cash Deal

Elon Musk wants to buy Twitter
Market News: Elon offers new cash deal to take Twitter private – Elon Musk Twitter News

Elon Musk wants to buy Twitter for 100% of the company and take it private.

The SpaceX and Tesla CEO filed a Schedule 13D with the SEC updating his proposal for the social media company.

But that’s not all.

The Dogefather says he will sell his entire stake if they do not agree to these terms.

I will be breaking all of it down below.

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Elon Musk makes Twitter an offer

Elon Musk Twitter News
Elon Musk Twitter News – Elon Musk Twitter Letter

Elon tweeted this morning that he “made an offer” and shared a link to his filed Schedule 13D.

I’ll be leaving the link to the report down below, but I’d like to break it down for you first.

The name of the reporting person is indeed Elon Musk, so this proposal comes directly from him, not his team.

The SEC report shows the SpaceX CEO currently owns 73,115,038 shares of Twitter stock (TWTR), or a 9.1% stake in the company.

Elon Musk is now proposing to acquire all of Twitter’s outstanding common stock at a $54.20 per share cash deal.

Because it’s only a proposal at the moment, the deal is non-binding for now until conditions and receipts require legal agreements and approvals.

If the proposed transaction is completed, the Common Stock would be terminated and delisted from the New York Stock Exchange as the SpaceX CEO takes the company private.

Elon Musk scripts on the full acquisition of social media company Twitter

Elon Musk Twitter Investment
Elon Musk Twitter Investment News – Elon Musk Twitter Stock – Elon Musk Twitter Letter

Here is Elon’s proposal on the SEC report:

[Bret Taylor

Chairman of the board,

I invested in Twitter as I believe in its potential to be the platform for free speech around the globe, and I believe free speech is a societal imperative for a functioning democracy.

However, since making my investment I now realize the company will neither thrive nor serve this societal imperative in its current form. Twitter needs to be transformed as a private company.

As a result, I am offering to buy 100% of Twitter for $54.20 per share in cash, a 54% premium over the day before I began investing in Twitter and a 38% premium over the day before my investment was publicly announced. My offer is my best and final offer and if it is not accepted, I would need to reconsider my position as a shareholder.

Twitter has extraordinary potential. I will unlock it.]

Best and final

SEC

Elon Musk says his offer to buy Twitter is best and final.

The Tesla CEO states that he will not be playing back-and-forth games.

“If the deal doesn’t work, given that I don’t have confidence in management nor do I believe I can drive the necessary change in the public market, I would need to reconsider my position as a shareholder.”

Now, the CEO makes it very clear that this is not a threat, but simply not a good investment without the changes he seeks to make in the social media company.

He says those changes will not happen without taking Twitter private.

The Twitter management team will have Musk’s advisors available to them after they’ve received the proposal.

There will be more details in their public filings, according to Elon.

You can view the official SEC report here.

Will Elon Musk buy Twitter?

I’d love to hear your thoughts on the topic.

Elon Musk wants to provide the world with a platform that allows free speech as he believes it is essential in a democratized society.

This makes sense, right?

What are the challenges of providing the world with a free speech platform?

If the proposal is denied, how will this make you feel about Twitter?

Be sure to comment down below.

As for me, I think he should buy the SEC.

You can follow me on: Twitter | Facebook | LinkedIn


Become An Investor by Renting Your Property: Things to Consider

Renting your property
Become an investor by renting your property: Things to consider

Published by FrankNez team

Real estate investment, which includes direct rental income, is not a laid-back venture where you hope to put your house up for tenancy and passively collect rent after.

However, direct property rental has its advantages as a long-term investment that promises better returns (ROI) while the income helps to pay down the mortgage. 

Benefits include value appreciation as you pay down the mortgage increasing your equity in the property, while the rental income, with the price set above the monthly maintenance expenses, guarantees a positive cash flow.

Here are critical things to consider as you invest in rental property.

Undertake a financial analysis and create a plan

Evernest

Assessing your financial strength against the proposed investment in property rentals is the first item to consider.

If acquiring the property on a mortgage, consider your ability to pay the lender during unexpected vacancies as lack of foresight could throw your finances into a spin.

Consider access to affordable property financing and set both your short-term and long-term goals with this in mind to avoid disappointments. 

You may engage professionals like Evernest, Rhome, Apex Ventures, etc., who are known for managing residential properties in Nashville to create a viable investment plan that matches your needs.

Your real estate investment plan should start with goals that define expectations and the time frame within which to achieve them.

Next, consider your investment strategy vis-à-vis the type of investment property you want to pursue and the real estate market dynamics in play against your overall financial plan.

Location is everything in real estate investment

Renting property – Location is everything – Things to consider when renting your property

Location is king in any type of real estate investment and determines the extent of your success or the lack of it.

Before venturing into property acquisition, scout around to assess and identify profitable locations according to current market trends.

Some locations may have great properties but with poor neighborhood reputation that turns away potential quality tenants and depressing rental prices.

The key markers for prime locations are infrastructure expansion, job, and population growth that indicate a vibrant market with high demand for housing.

Towns with big corporations generate a healthy economy that attracts people seeking job opportunities and eventually good living quarters.

Look out for locations with heavy commercial activities likely to spur economic growth and the corresponding surge in population that indicate potential demand for housing.

Finding the perfect property

After assessing your financial ability, creating a viable rental property investment plan, and identifying a prime location, it is time to home into the perfect property.

However, first, you need to decide what type of rental you want to invest in before buying to ensure you achieve your goals.

You could be looking for a single-family or multi-family home for the traditional rental, or you could be considering an investment in Airbnb, in which case a beach house or condo would be perfect.

Whatever your preference, carry out an investment property analysis to be sure you got the right unit for your rental property investment plan.

As much as your budget will determine the type of property you want to buy, try to pick one that promises the highest ROI with sustainability potential in the market.

Always go back to your calculations to ensure you achieve a positive cash flow to stay afloat.

Manage your rental property professionally

To succeed as a rental property investor, you need to address three key aspects of responsibility.

You must be adept at managing tenants, the property, and finances to keep your investment running profitably.

Managing tenants starts with good communication, listening to their complaints, addressing the issues raised promptly, and a follow-up to ensure they are happy with your attention.

You are under a legal obligation to keep your property safe and in a habitable condition at all times during tenancy.

Practice regular maintenance on the property and avoid reactive response in emergencies as this inconvenience your tenants.

Finally, set your rent price right to fit in with your financial plans, enforce timely rent collection, and minimize maintenance costs to sustain a positive cash flow on your investment.

Join a real estate network

Renting Property – Join a real estate network

A first-time property rental investor needs all the support and mentorship to succeed in the real estate business.

Joining a real estate network provides a ready platform for interaction with experienced realtors and an opportunity to learn the ropes firsthand.

Within the network are various professionals that drive the real estate sector and who can assist a beginner in accessing solutions for their first rental venture.

A real estate network usually has mentors, lawyers, accountants, agents, and home inspectors.

All these professionals carry vast experiences in property management that can benefit a budding investor entering the market for the first time, especially in handling tricky issues that involve taxes, inspection, and legal obligations.

Be smart and join a community of similar interests with a better experience to avoid launching your real estate investment blindly.

How to Invest in Stocks Step-by-Step for Beginners


My Top Picks of Stocks to Invest in Right Now

Stocks to invest in today
Stocks to invest in right now
Stocks to invest in this week
Best stocks to invest in long term

I’ve found a fortune! And I want to share it with you. These stocks have allowed me to profit and snowball my investments within as little as a year. I understand stock picking can be quite difficult. Sometimes you just need someone to provide you with a list of stocks that has worked for them. Here are my top picks of stocks to invest in right now.

If you’re new to the investing world and haven’t started, bookmark this post on how to invest in the stock market (step by step) for beginners.

franknez.com

Welcome to Franknez.com – the blog where you can digest content on personal finance, entrepreneurship, and trending investing topics.

Lets get started!

These stocks have allowed me to diversify my portfolio very well.

You’ll get my favorite index fund, favorite ETF, and favorite REIT.

Adding these stocks to your arsenal will proof to balance your investing portfolio out a little more.

I’ve been invested in the stock market since 2019 and have noted that these picks have been a strong foundation in my portfolio.

Often times when other stocks were down, these were up.

Let’s dive right into it.

#1. EMR – Emerson Electric Co.

Emerson Electric Co. Stock

Emerson Electric Co. is an American multinational corporation that manufactures electric motors using their own patent.

The company became the first to sell electric fans in the U.S and expanded its product line to electric sewing machines, electric dental drills, and power tools.

EMR basically produces electric motors for every type of business and necessity you can think of.

Dividend Yield: 2.1%

This is a great stock to invest in because electric motors are always going to be needed.

As our society continues to innovate, electric motors will continue to play a very important role.

EMR Emerson Electric Co stock chart

EMR Annual Return

Emerson Electric Co. has an average annual return of 9%.

They are also involved in all sort of industries including automotive, life sciences & medical, water & waste, industrial energy, marine, and food & beverage just to name a few. Innovation?

They’re currently involved in several stem projects too.

#2. GPC – Genuine Parts Co.

GPC Stock Genuine Parts Company Napa Stock

Genuine Parts Company is an American service organization that distributes automotive replacement parts, industrial replacement parts, office products and electrical goods.

Parts are sold under the NAPA brand in North America.

Dividend Yield: 3%

GPC is great because cars aren’t going anywhere anytime soon. As cars evolve, this auto parts company will continue to manufacture and distribute parts.

GPC Genuine Parts Co. Nappa Auto Parts Stock Graph

GPC Annual Return

Genuine Parts Co. stock has seen an annual return ranging from 7% to 15%.

GPC has more than 10,000 locations in 14 countries and employs approximately 50,000 people.

75% of GPC’s sales come from North America, 15% from Europe, and 10% from Australia.

#3. VNQ – Vanguard Real Estate (REIT)

VNQ Real Estate REIT stock

VNQ invests in stocks issued by real estate investment trusts (REIT’s), companies that purchase office buildings, hotels, and other real property.

Dividend Yield: 3.65%

The real estate market has been HOT recently.

It’s a sellers’ market at the moment

. With property selling almost instantaneously this REIT has been performing extremely well recently.

VNQ Vanguard Real Estate REIT stock

VNQ Annual Return

VNQ’s annual yield has varied with some years reaching up to 30%.

Its history also shows annual yields between 5%-8%.

This investment seeks to provide a high level of income.

#4. VOO – S&P500

VOO S&P500 Index Fund Warren Buffett

This Vanguard ETF invests in stocks within the S&P500, representing 500 of the largest U.S companies.

Companies in the S&P500 include Apple, Tesla, Johnson & Johnson, Walt Disney, Netflix, and Coca-Cola to name a few.

You can see all the companies in this index fund in the link at the end of this article.

Dividend Yield: 1.39%

The S&P is one of the best index funds in the market.

Warren Buffett himself is a huge fan.

Fun fact: his trustee is expected to receive all of Warren’s assets with 90% of his stock picks moved in the S&P500!

When you own the S&P500 you own a piece of the fortune 500 companies.

Since they are all working and innovating towards being better every year, you can only expect this index funds’ value to go up.

VOO - S&P500 Index Fund

S&P 500 Annual Return

The S&P500’s annual yield has been approximately 10% – 11% since its inception back in 1926.

This is an index fund I’m continuously adding to my position in.

The diversity in companies it holds makes it an attractive stock for both novice and experienced investors.

Bookmark: Fiverr stock could be the next Amazon stock

#5. ESGV (ETF)

ESGV is a Vanguard ETF that invests in the top 10 companies in the U.S.

These companies include Apple, Microsoft, Amazon, Alphabet (Google), Facebook, Tesla, JP Morgan Chase & Co, Visa, Inc., United Health Group, and NVIDIA Corp.

Dividend Yield: 1.06%

Unlike the S&P500, owning this ETF means you own a piece of the top 10 companies in the U.S.

This growth ETF puts the top earners in your portfolio.

This attractive stock only knows up.

The companies in this pool are companies that are constantly innovating. It’s always day one with them.

ESGV Vanguard ETF Stock

ESGV Annual Return

This ETF is relatively new. It was created in 2018 and has gained 24%-31% in annual returns.

This type of investment is meant to provide you with the highest returns possible.

Building your position in this ETF can prove to be a great offense. Very few times you’ll find this ETF on red.

Bookmark these investing tips for beginners.

Bonus Stock

AMC Stock

Have you seen what’s been going on with AMC Entertainment recently?

This stock is set up for a short squeeze.

If you can manage to buy this stock before it takes off then you’ll be able to make a quick trade.

A subcommunity from Reddit who skyrocketed GameStop’s share price also began moving AMC Entertainment.

Well, AMC now has a bigger community due to how much more affordable its stock is than that of GameStop’s.

You can read more about this stock’s short squeeze DD (due diligence) here.

Are you already investing in one of these stocks? Let’s start a conversation.

Leave me a comment below.

Related: Retire a millionaire with the S&P 500: Is it possible?

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Stock Rover Review


How To Get on Spotify and All Major Streaming Platforms

How to distribute your music on all major platforms - Spotify
Here’s How To Distribute Your Music To The World

If you’re a producer, singer/songwriter, or musician, earning money through your music can be a dream come true.

The good news is you no longer need to be signed to a label in order to promote or sell your music.

Are you wondering how you can get your music streamed on all major platforms and make money during the process?

More and more independent artists are getting their music on Spotify and Apple Music without being signed to a major or indie record label.

The crazy thing is that some artists are even being found on these platforms and eventually get signed when they raise enough attention.

Getting your music heard is a tough gig.

Putting your music out to platforms people enjoy using shouldn’t.

This is why more and more artists and musicians are skipping the middle-man and getting heard on Spotify and Apple Music.

Your songs have a place in the world.

They should not be collecting dust on YouTube, Reverbnation, SoundCloud, and other free platforms.

This is why people are using DistroKid to get their music on Spotify and Apple, but more on that down below.

franknez.com

Welcome to Franknez.com – the blog where you can digest content on personal finance, side hustle ideas, entrepreneurship, and trending investing topics.

Lets get started!

The benefits of streaming platforms

Streaming platforms are convenient and convenience sells. People don’t want to look for new artists or bands anymore, they want to be catered to music that is similar to what they already love and listen to.

Algorithms take into account what you love listening to and push new ‘relatable’ content that you might also enjoy. This is how independent artists are being discovered.

The algorithm records how long your song is being streamed, whether it’s being replayed or not, and how often it’s being saved.

When your tracks get this positive feedback, your streams begin to snowball. Streaming services do a great job at finding a place or person who will enjoy your music even if it’s not pop.

Streaming playlists are easy to share

Another benefit of streaming platforms is how easy playlists are easy to share. People in today’s world are constantly sharing playlists with others who have the same music tastes.

If your song(s) happen to be saved in a playlist by someone then your chances of being heard increases. Your art cannot be complacent in a platform that’s not innovating. Streaming platforms such as Spotify are the future.

Here’s how to distribute your music on all major platforms.

#1. Find a music distributor

First, you’ll need to upload your music through a music distributor service such as DistroKid, but we’ll get more in depth on that soon.

You won’t want to miss the info on how to get your music to reach the masses.

A music distributer is a company that helps musicians get their music into iTunes, Apple Music, Spotify, Google Play, Instagram, and other major platforms.

When your music is distributed it will have the opportunity to be heard by anyone in the world.

Before we let you know who the best distributor for independent artists is we’re going to walk you through some burning questions most artists might have.

Can you really make money from streams?

Yes. The awesome thing about getting your music on all major platforms is that you get paid every time your music is streamed!

Get paid for music streams!

That’s right! So, if you have a good following you’ll be able to monetize your music and make money every time someone streams your songs.

One day you might make a few bucks from Spotify while simultaneously earning royalties from other platforms such as Apple Music and TikTok.

If you’re passionate about reaching a huge audience, then this can be a great way to also establish multiple streams of income for yourself. You can then reinvest the profits to further your music career and provide more value to your following.

This type of income is known as leverage income. This is where you do the work once but get paid multiple times for it.

Tips For Making Money From Your Streams

  • Grow your social media followers
  • Pin your album or new song (Twitter, Facebook page, etc.)
  • Get playlisted
  • Share your music with the communities on social platforms
  • Submit your music to curators
  • Record high quality music
  • Increase your audience as much as possible
  • Engage with your following and other related pages
  • Create a street team
  • Use promotions and paid advertising

Tips for growing your social media followers

promote your music with social media

Engage with artists and other musicians in your genre. Twitter is a great platform to connect with people who can support you.

A social media hack is to click on related hashtags and begin liking peoples recent posts and even leaving a comment. This strategy is a form of saying hey this is who I am.

When people see someone liked or commented on their post, they usually tend to stalk the other persons feed. If they like what you’re about they will follow you back. If you seem interesting enough then chances are they’ll most likely listen to your music.

Growing your artist social media accounts is going to require you to work on this task every single day. When you begin to see the results it’s going to become almost addicting.

Now, there will be days where it gets tiring and days where you simply skip out on it. This is normal. However, know that if you discipline yourself and get back on track, you will be able to meet your number of followers goal.

Pin your recent track to your profile

Which brings up the second social media hack for artists. Pin your recent song to your profile. This is the first thing visitors will see. And again, if you seem interesting to them then the next thing they’ll do is check out your work.

Facebook and Twitter are two social media platforms that allow you to pin a post for high visibility.

Record high quality music

The quality of your music is really what’s going to keep people listening to your music. Most independent artists might struggle with this part of the process but it’s a reinvestment you’ll eventually have to make.

If you’re a self-recording artist, don’t stop trying to get better every time you release a new piece. Always looks for ways to improve.

If you’re content with your skills, then by all means put out your track. However, if you’re not practicing audio engineering every day, I recommend you record in a professional studio at some point.

Create a street team or promo page

A street team is a strategy that you can use to share your content when it’s released and to promote your posts. You can create a group of loyal supporters who can share, like, and comment anytime you update the street team page with content and instructions to push it out.

You can also create a promo page. This promo page can be a second alternative or addition to your promotional strategy. With a promo page you can share your street teams shares and comments to build momentum.

All this activity allows algorithms in the social media platform to push your content out to reach a bigger audience. This awareness creates hype and elevates your awareness.

Where else can I promote my music?

Millennial Music Agency is a platform that listens to your music via submissions and reviews it on their website. You can use the review as a means to sponsor and market your new single or album.

By providing artists with a platform to be seen and heard, we manifest credibility which artists can use to further their music career.

Millennial music agency (los angeles, ca)

When your music is finally being pushed out on Spotify and Apple Music, be sure to share your work as much as possible with as many groups and curators as you can.

Most curators won’t take your MP3 file or other links to free platforms. They want to share quality work and be collaborate with strong brand recognition.

This is why more independent artists are being discovered on platforms such as Spotify more than anywhere else. It’s easy to get playlisted, shared, and listened to.

Spotify Discography

Share your latest single on:

  • Facebook groups
  • Twitter artist music threads
  • Instagram stories (more below)
  • Tik-Tok stories (more below)
  • Email newsletter

Facebook groups

Facebook groups are the perfect place for musicians and artists to share creative ideas and get a chance to get their music heard. This platform has a variety of groups for just about everyone!

Instagram and TikTok stories

The music distributer we’re about to talk about shortly is able to put your songs on Instagram stories and TikTok videos.

These trending social media platforms are a great place for you to share your new track with your following and increase awareness. The cool thing is that people can click on the song whether it’s on Instagram or TikTok, and play it on Spotify or Apple Music.

Email newsletter

Email newsletters are a great way for you to share your new song or album with your fans and support group. Sometimes social media doesn’t allow your posts to reach everyone who follows you.

This is where creating an email newsletter for your fans to sign up can become handy. You can use this email newsletter to directly connect your fans with a new release in case they missed a post online.

You can also use email as a means of hyping a new song or album prior to its release. This strategy is known as email marketing. The way this works is you can email your fans promotional content such as images, artworks, and teasers of an upcoming song or album.

This creates anticipation and further help you promote your music. These marketing campaigns are what allow artists to have a big release date. This happens when they prepared their fans for the release months prior.

Frank Nez How To Get Clients To Pay You When They're Past Due

These strategies create a ‘portal’ to your music and makes it easy to enter peoples world.

When your work is being distributed across all major platforms, royalties begin to come in every time someone hits the play button.

The more streams you get means the more money you will earn. But first you need is to get your work distributed. Here’s how you do it.

#2. How Do I Get My Music On Spotify, Apple Music, And All Major Platforms?

DistroKid Pays Money For Music
Get 7% off when you sign up with Franknez.com

Finally, what you’ve all been waiting for.

To get your music on all major platforms you’ll need to find a reputable distributor that can upload your music onto the biggest streaming platforms.

DistroKid is the best service for musicians looking to get their music into online stores and major streaming outlets.

They are the easiest way for musicians to get music into Spotify, iTunes, Amazon, Tidal, TikTok, YouTube, and more.

The reason why independent artists and musicians like yourself are using DistroKid is because:

  • DistroKid is affordable
  • You can upload unlimited music and albums
  • The layout is super easy to use
  • They were the first distributers to put your music on Tik-Tok and Instagram
  • DistroKid monetizes all of your YouTube videos!
  • You get paid monthly
  • Instant Spotify Artist Verification

How much does it cost to distribute my music with DistroKid?

how much does it cost to distribute my music with DistroKid?
how to get on Spotify and iTunes

DistroKid only costs $19.99 per year to upload unlimited music on Spotify, iTunes, Apple Music, Deezer, iHeartRadio, Tidal, and more!

They are offering our readers 7% off when you sign up using the link here.

Who are DistroKid’s competitors and how do they compare?

Distrokid Logo character

Competitors include TuneCore which charges $9.99 per song and $29.99 per album. There’s also CD Baby, which charges $9.95 per song and $29.00 per album.

If you have a catalog of music this can become pretty expensive even if you’re only uploading a few songs. The best value is being able to upload unlimited tracks year round whenever you want.

In the end, DistroKid has the best bang for your buck.

This is why artists like you love DistroKid

Distribute your music with DistroKid
distrokid stores spotify apple music itunes amazon
Upload Music To Spotify, Apple Music, iTunes, TikTok + More!

DistroKid makes it easy to upload music

DistroKid makes it super easy to upload your song(s) to all major platforms. You also have an option to set your release date, allow people to preorder, and even set your own record label name.

You may upload several songs at the same time to release an album or one at a time for singles. DistroKid will send you an email once your songs are available in each store so you can share the links on your social media platforms.

Will my songs be available to stream at the same time?

Your songs won’t be published at the same time on all platforms but this is great because you can share your tracks whenever they’re available on Tidal and Amazon before it’s out on Spotify and the rest.

This allows you to let your audience know your song is available to them no matter what their streaming preference is.

DistroKid allows you to upload your own album cover

DistroKid’s layout is very easy to navigate and only takes minutes to fill out your projects information. The simple platform is favored by artists looking to quickly upload their work without any hassle.

DistroKid Music Distribution

You also get the option to choose the language, primary genre, and secondary genre along with other options to further describe your track(s).

DistroKid’s track price also allows you to set a fixed price on your individual tracks for iTunes, Google Play, & Amazon.

How to Earn Money with DistroKid

DistroKid provides you with stats for just about everything. This includes a breakdown of how you get paid as well as your daily streams!

Get paid for streaming your music by DistroKid
DistroKid Breaks Down How You Get Paid

DistroKid is a great means to earn money from your music due to their easy distributing services. The goal is to reach many listeners in order to increase your earnings.

Each store and streaming service delivers reports and payments on their own schedule. Your money will be sent between 1-14 days of a withdrawal request from DistroKid’s bank tab. You can easily transfer your earnings into your PayPal account without any hassle.

What Are Other Awesome Benefits From Distributing With DistroKid?

If you’re wondering whether you’ll get verified in any way the great news is you do.

Access to Spotify for Artists + instant Spotify verification

Verify your music on Spotify with DistroKid
Gain Access To Spotify For Artists

DistroKid allows you to gain access to Spotify For Artists which allows you to professionally personalize your Spotify artist page. When you distribute with DistroKid you will also be instantly verified with a blue checkmark on Spotify.

This access allows you to pitch your music to Spotify’s curators for a chance to be featured on official Spotify playlists. The awesome thing about becoming a verified artist on Spotify is the credibility you gain. It sets you apart from other artist and shows you’re serious about your craft.

Spotify for Artists give you insight on where your listeners are coming from and what their age group is. This can help you determine who your content is primarily based around.

You can also view how many people are listening to your music in real-time!

That’s pretty sweet, anything else?

DistroKid has also just recently allowed artists to access their Apple Music artist page, a feature you couldn’t access before. Some cool features include editing your bio, setting up a profile picture, and managing tour dates.

Not only that but…

DistroKid provides instant monetization on YouTube

In order to monetize videos on YouTube you must reach a total of 1,000 subscribers and have 4,000 hours of watch time on your channel.

YouTube Is a major platform that pays with ads

However, DistroKid allows you to earn money from your music by making all uploads a ‘topic‘ on YouTube and automatically monetizes every song you upload.

YouTube Topic Music
Paid Promotion

This is extremely convenient because you are instantly monetized and are ready to receive earnings from YouTube ads right away! This is just one of the many perks you have when you distribute your work with DistroKid.

How much does it cost to distribute my music with DistroKid?

It costs $19.99 per year to distribute unlimited music through DistroKid. However, our readers get a 7% off by using the promotion link here.

The reason we love DistroKid is because it has helped our readers who are musicians and artists earn passive income. We are a personal finance and entrepreneurship blog after all. So, we’re big fans.

If you’re a recording artist, leave your links on the comment section below. These links will stay up forever and won’t disappear. FREE PROMO.

FAQs and other questions

FAQs

Can I choose which platforms to distribute my music?

Yes! You have an option to click or ‘unclick’ certain websites you might only want your music to stream in.

How much music can I upload with DistroKid?

You can upload unlimited amount of songs and albums with DistroKid.

How long does it take for my music to show up on Spotify?

After you submit your music for distribution it can take anywhere from 2-5 days before your music is live on Spotify.

Most platforms take about 2-3 days to show your music online but you can expect it to take about a full week for majority of streaming platforms to have your music ready for listeners.

How long does it take to become a Spotify Artist?

DistroKid will make you a Spotify Artist as soon as you join. You will be able to create your Spotify for Artist profile and edit your artist profile picture and bio.

You will also be able to upload photos for your fans to see and change your banner to promote new music.

Does my YouTube content become a topic?

Yes. When you upload a song or album, it will automatically become a ‘topic’ on YouTube and begin displaying ads immediately.

This means you will begin to earn money from not only playbacks but actual advertisement.

Can I submit to Spotify curators?

Yes. When you upload a song to DistroKid, you’ll be able to pitch your tracks to Spotify curators.

If approved, your songs can get playlisted on massive playlists which can draw serious traffic to your artist page.

Being playlisted on a curated playlist from Spotify can provide you with some serious passive income.

Which music streaming platform pays the most?

Here’s a list of music streaming payout via. atlasvpn.

Music Streaming payouts

Napster has the highest payout out Apple Music, Deezer, Amazon, Spotify, Pandora, and YouTube.

This doesn’t mean all your music should be shared directly from Napster though. Find which platform your audience uses the most and share those links.

You can also use Linktr.ee to link your favorite platforms all under one link. This will allow your listeners to choose their favorite streaming site and listen to your songs comfortably.

If you have any further questions regarding distributing your songs online be sure to leave a comment below. Otherwise, feel free to get in touch and email me personally! Contact info on the footer of the page.

How can I get my music on Spotify?

You’ll need to distribute your music with a music distributor like DistroKid to get your music on Spotify and other streaming platforms such as Apple Music, Deezer, iHeartRadio, Amazon, Tik-Tok, Instagram, and many more.


My mission is to help my readers become financially successful every day so be sure to check out my posts on how you can earn more money to reach a freedom like no other.

franknez.com

“Some of my readers know when I’m not working on my business ventures I enjoy writing music. I particularly compose indie rock music. You can check it out here.”

Frank Nez

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If you’re not subscribed to our blog what are you doing! It’s completely free!

Read: How to Start a Blog in 2021: It’s Super Easy!

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5 Easy Ways You Can Earn Leverage Income: Start Now

5 easy ways you can earn leveraged income
Franknez.com
Leverage Income Ideas That Can Make You Rich – how to make money online

Leveraged income is probably one of the best incomes you can have.

You essential create something once and get paid for it multiple times!

Guys, this is how you can end up generating what Dan Lok calls F.U. money.

This type of passive income is what’s going to set you free.

Here are 5 ways you can earn leveraged income.

franknez.com

Welcome to Franknez.com – the blog where you can digest content on personal finance, side hustle ideas, entrepreneurship, and trending investing topics.

Lets get started!

There are 3 Types of Income

But before I get into them, let’s quickly discuss the different types of income.

There are three main types of income, all of which require different resources in order to move them.

  1. Linear Income – The first is linear income, which is the type of income most people have. It’s where the resource you trade for money is your time. This is your typical 9-5 job, freelance, etc.
  2. Passive Income – Passive income is money generated through investments. This can be income from a high interest CD or savings account. It can also be in the form of dividends paid out from shares of stocks. Passive income may also be generated from rental income if you own property. The resource required for this type of income is capital.
  3. Leveraged Income – And finally, there’s leveraged income. Enough leveraged income and you no longer have to rely on linear income to pay your bills. Leveraged income is earned by creating something once and getting paid continuously for it. You’ll need an audience in order to make the most out of this type of income.
6 levels of income by Dan Lok

If your goal is to become wealthy, you need to get rid of your linear income.

This income is holding you back more than you know.

Why work 8 hours for someone else when you can use 8 hours of your day to work on growing your own business.

How can I escape my 9-5 job?

escape your 9-5

Escaping your 9-5 is going to require a lot of work on your part but it is certainly possible.

You’ll need to pick up a side hustle while you’re employed.

You can also choose to start your own business or follow an art project.

Once you’ve chosen what you’d like to pursue, work on this idea every day after work.

When I learned that Elon Musk and Steve Jobs all had the same hours in a day as I do, I really started using my time wisely.

Figure out how to earn money outside of your job so you’re not 100% dependent on your linear income.

Start setting yourself up for passive income

One way I started was by setting myself up for passive income.

I then downloaded the app Mint by Intuit to track my net worth. It gradually went from $6K to $10K and so on.

It has since reached +$100k.

I began putting money in stocks and in a high yield savings account where my money would do something.

Rather than have it collect dust I figured I’d put it to use.

When I saw returns I let go of fear that was holding me stuck to the 9-5.

If you aren’t investing in the stock market yet bookmark this post on how to invest in the stock market for beginners.

I share my personal stock and crypto purchases over at the Patreon too.

Once you’ve begun to earn some money from passive income look towards creating an asset that can provide you with leverage income.

There are many ways you can do this.

Leverage Income Ideas

Now that you have a better understanding of the 3 main types of income, here are 5 great ways you can start to earn leveraged income.

#1. Publish a Book

If you love to write, publishing a book can be a great way for you to plant a seed for the future.

Publishing a book has also never been easier.

By writing a book or an e-book in my case, you can put out in the market and receive earning from every person who purchases it.

I wrote my e-book “Reaching The $10K Mark: How Perseverance Overrides Adversity” before really knowing that this was a form of leverage income.

Reaching The $10K Mark - Sales

I wanted to write a piece of content that would allow me to connect with my readers. This e-book is about the struggles in sales.

In this story, I break down how I started in my sales career and set goals only to fail countless times over.

But I never gave up.

This inspiring e-book resonates with anyone who knows what it feels like to get pushed ashore by constant hitting waves.

Whether you publish a book or an eBook for that matter, you can earn leveraged income from royalties every time someone purchases your book.

If you love to write, consider joining a community of writers who share your enthusiasm and passion.

Network with them and begin to build a following based on your thoughts, expertise, and creativity.

Where can I publish an e-book?

You can self-publish your own e-book through Amazons KDP program.

Here you can upload your PDF format book and very own cover.

It’s super easy to manage.

You can check how many people have purchased your book and even how many people enrolled in Amazon’s Kindle Unlimited have read your pages.

Reaching the 10k mark franknez.com
Leverage Income Ideas – eBook – how to make money online

You can find “How To Reach The $10K Mark: How Perseverance Overrides Adversity” on Amazon here.

Do I get paid if people read my pages but don’t buy my book?

Yup! Amazon pays its authors when their Amazon Kindle Unlimited members read up to a certain amount of pages.

So even if your book isn’t selling, you still have an opportunity to earn money from members reading your book online.

How to reach the $10K mark
franknez.com
Leverage Income Ideas – Sell a book – how to make money online

Writing my own e-book has been an amazing part of my journey. I wanted to provide my readers with real in-depth and honest value.

Reaching The $10K Mark is a book about never giving up.

If you’re in the mood for a short story that will spark a wince of inspiration feel free to check it out.

#2. Monetize YouTube Content

Another way you can earn leverage income is by creating content on YouTube.

YouTube has allowed many people to monetize their videos with advertisement.

Here’s a perfect example of doing the work once and getting paid multiple times for it.

A YouTube video can earn you money for many many years.

That’s because people are always finding new videos to watch.

By placing ads on your videos, you will get paid as long as people continue to view your content no matter how long it’s been since you uploaded it.

How can I put ads on my videos?

Leverage YouTube views
Franknez.com
Leverage Income Ideas – Monetize YouTube Videos – how to make money online

YouTube is a great platform to earn leveraged income due to how massive your reach can potentially be.

The requirements to monetize your YouTube content is that you earn 1,000 subscribers and generate at least 4,000 hours of watch time.

The key to reaching the requirements simply depends on the quality of your videos and how consistently you upload to your channel.

Once your videos are displaying ads you essentially begin to generate an income no matter where you are in the world.

What you’ve done is created a video, and that video now pays you every time someone watches or clicks the ads.

Subscriptions make you earn leveraged income.

This ladies and gentlemen, is the power of leveraged income.

It’s the reason why so many YouTubers are making a living from their videos.

Users are making money from all type of videos including:

  • Gaming
  • Cooking
  • DIY Tutorials
  • Time-Lapses
  • Sports
  • Animation
  • Personal finance
  • Commentary
  • Unboxing and Reviewing
  • Reactions
  • Grooming and Beauty
  • Cars and Tech
  • Business
  • Paranormal

YouTube is a platform I eventually want to personally work more on.

It’s a great place to share content and provide further value using animation or video.

Is it free to create a YouTube channel?

Yes. It’s absolutely free to create your own YouTube channel.

You can upload as many videos as you want, too.

FrankNez YouTube Channel
FrankNez YouTube Channel – easy ways to make money online

While my primary focus at the moment is to continue growing my blog, I’ve been publishing more videos on my channel for the community.

I discuss market news or the topics of new articles I publish.

Subscribe here to be some of our first and early subscribers!

If you have a channel leave a comment below and I will subscribe back!

#3. Leverage Blog Views

There are a variety of ways to earn money from blogging with ads being the most popular.

You start to earn leveraged income when your blog posts are displaying ads.

Every post you publish has the potential to make a considerable amount of money depending on how big your audience is.

Bluehost blog leverage income with views
Bluehost is the #1 recommended webhost provider by WordPress – make money online

Learn how to start a blog here

Just like publishing a book, you only have to write a blog post once for it to rank and reach a massive audience.

Now, this is not saying you don’t have to publish consistently.

If that were the case, you wouldn’t even be eligible to monetize in the first place.

Blogging is on this list due to the possibility of writing a post and earning money for only writing on that topic once.

Blogging ideas for 2021

Blogging with Bluehost leverage income ideas
  • Travel
  • Food & recipe
  • Entertainment & news
  • Automotive
  • Health & well being
  • Fashion & makeup
  • Technology
  • Finance & business
  • Product reviews
  • Paranormal / metaphysical

People are blogging about just anything.

If you love to write then blogging can be a great way platform for you to provide value.

If you’re an expert in an area or simply have a lot of knowledge about a specific thing then blogging might be a great way for you to earn leveraged income.

Reasons why you need to start blogging today

I personally believe everyone should start their own blog.

A blog can provide you with a lifestyle like no other. 

Here’s a small list of key reasons why more people should start today:

  1. You have some sort of skill or expertise to share with the world
  2. Your knowledge can answer people’s questions and help them grow
  3. You can monetize your blog with ads and get paid passively every month
  4. Blogging allows you to express your thoughts and opinions
  5. Get paid on the move, while you travel, and while you sleep

How can I place ads on my blog to begin earning leveraged income?

You can place ads on your blog through Google AdSense.

It personally took me about a month of blogging to get my blog approved and start displaying ads.

Google AdSense leverage income with ads
Leverage Income Ideas – Monetize Blog – ways to make money online

I do have to say though, Google AdSense rejected my blog about 6 times!

Don’t let this discourage you.

Google AdSense lets you know what you have to work on in order to get approved.

You might not even get rejected as many times as I was!

How much money can my blog earn with Google AdSense?

Like YouTube, who is also powered by Google AdSense, earnings highly depend on the traffic you bring to your content.

leverage income with blog views
how to make money online blogging

To put things into perspective, some of my posts are generating a few bucks while others are generating over $100 per week.

Good thing Franknez.com has posts on how to help you improve your blog and gain traffic; just search ‘blog’ in the search bar.

You can actually see your potential annual revenue on Google AdSense home page.

How often does Google AdSense pay you?

You will need to reach $100 in ad revenue to qualify for your payout.

Once you do reach your minimum, you will be paid the following month.

So if you earn $400 in one month, those earning will be direct deposited one month after.

Can I choose how many ads are displayed?

Yup!

Google AdSense has a control where you can manage whether a few ads are displayed on your blog or whether you want a lot to show.

I personally have a balanced display so that my readers can still enjoy my content.

Read: 10 easy ways to exponentially increase blog traffic

#4. Leverage Artistic Skills

Ever wonder why Kanye West makes more money than the president of the United States?

Or maybe why athletes make significantly more money than a doctor?

That’s because the president of the United States and doctors all earn linear income.

Presidents and doctors trade their time for money while artists and athletes earn leveraged income through royalties from their craft.

Earn Leveraged Income With Music and Art
Leverage Income Ideas – easy ways to make money – how to make money online

Songs are a massive way artists and musicians can use leverage.

They do this through the number of followers and fans they’ve accumulated.

One song can earn an artist hundreds if not thousands of dollars from just streams. Independent artists can do this too.

Can independent artists make money from streams as well?

Yes.

All independent artists need is to upload their music through a music distributer.

A music distributor will then take care of putting your content out on Spotify, Apple Music, iHeartRadio, Tidal, and other major platforms.

How can I get my music on all major platforms?

DistroKid leverage income

Independent artists can use DistroKid.

DistroKid is the easiest way for artists and musicians to get streamed on the biggest music platforms and getting your music on Spotify and Apple Music.

Once your music is distributed throughout Spotify and Apple Music, you will start getting paid as soon as people begin listening to your music.

If you’ve been uploading you tunes to SoundCloud, Reverbnation, or YouTube, this is the next step.

You’re already getting plays on those platforms – now start getting paid for them though DistroKid.

How much does it cost to distribute my music?

Distributing your music with DistroKid only costs $19.99/year.

This subscription fee allows you to upload unlimited singles and albums throughout the year.

Other competitors charge you per song or album.

Luckily, our readers save 7% when they sign up using our affiliate link here.

Music is the perfect leverage income tool

Because music can be played over and over, this makes it the perfect leverage income tool.

If you find yourself getting playlisted in large curated playlists, you can earn hundred to thousands of dollars with just one track!

Now imagine you put out a demo or an entire album.. yup. That’s the power of leverage income.

#5. Automate a Product / Service

You can create a product or service that people can continuously download and buy and earn leveraged income that way.

Here’s a perfect example:

Andrei Jikh, a personal finance youtuber, created a spreadsheet that tracks the performance and changes of your stocks in the market.

He created this product once and is now available for anyone to buy and download on his Patreon.

This is just one of many great ways to earn leveraged income through the use of a product or service.

You can also create and sell exclusive courses on your website or blog.

Entrepreneurs are selling courses on marketing, social media, content creating, sales, and wealth building.

earn leveraged income with fiverr
Leverage Income Ideas – how to make money online

Ever heard of Fiverr?

Fiverr lets you teach all sort of things online.

People are using Fiverr to teach others how to speak a different language, providing DIY videos, teaching people about animation, and so much more!

You can essentially create one time videos or episodes and sell them to people seeking help or answers to their questions.

You can sell these multiple times just from creating them once!

Is Fiverr free to use?

You can create your Fiverr account for free and begin using other peoples services or start selling yours!

The way you can use Fiverr to leverage income is by creating a video or template that others can guide themselves from.

You can literally sell the same marketing templates to multiple businesses looking for what you have to offer.

What’s Stopping You From Earning Leveraged Income?

Earn leveraged income
Leverage income ideas – how to make money online

If you’re serious about earning money in your sleep then you’ll need to start to earn leveraged income, which is a form of passive income only better.

For you to accomplish monetizing online you’ll need to treat every platform and venture as a business.

Create your online business sooner than later because it will take time to build an audience and for monetization to really pay off.

The sooner you start this process the sooner your online business will bear fruit.

Read: 5 amazing ways you can secure your family financially

I’d Love to Hear From You!

franknez.com

Let me know in the comments section below what you’re doing to earn leveraged income or how you would like to earn leveraged income.

More ways on how to earn leveraged income coming soon!

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Billionaire Mark Cuban Has Launched a War Against Big Pharma

Mark Cuban Pharmacy Company
Mark Cuban Pharmacy Company poses threat to Big Pharma

Mavericks owner and Shark Tank celebrity Mark Cuban has launched a war against big pharma.

The multi-billionaire opened an online pharmacy to fight Big Pharma and provide people with affordable medicine.

Mark Cuban is cutting the middleman along with the aggressively marked-up prices; you won’t believe the difference.

Keep reading below to find out!

franknez.com

Welcome to Franknez.com – corporate media is not pushing this and won’t touch topic on this incredibly positive news. You know I gotta cover this.

Let’s get started!

Mark Cuban provides affordable medicine

Mark Cuban just made medicine extremely affordable, and I mean extremely affordable.

Big shoutout to my brother Randy who is a pharm tech for providing this information.

We are not surprised mainstream media isn’t covering this, I mean why would they?

Big Pharma is trillion-dollar industry netting hundreds of billions of dollars per year.

Profits have been expected to reach up to $610 billion in 2021 alone.

Big Pharma is one of the most powerful industries in the world and Mark Cuban’s online pharmacy just posed a major threat to the industry.

Here’s why.

Top 5 Big Pharma companies by sales

Here’s a list of the top 5 Big Pharma companies by sales in the billions.

Mark Cuban's Online Pharmacy poses threat to Top 5 Big Pharma companies
Mark Cuban’s Online Pharmacy poses threat to Top 5 Big Pharma companies – Source

On the right side of the chart, you’re going to see the most popular prescriptions of these companies.

While Mark Cuban’s pharmacy website contains a variety of medicine (more on that below), they plan on adding new medications as the demand for certain medicines are requested.

This means Mark Cuban can provide Big Pharma’s most popular medicines at much more affordable costs.

See the online pharmacy’s price comparisons below!

Mark Cuban's Online Pharmacy Business Cost Plus provides affordable medicine
Mark Cuban’s Online Pharmacy Business Cost Plus provides affordable medicine

And the list goes on and on.

Mark Cuban’s online pharmacy Cost Plus is going to make an incredibly positive impact as the business begins to scale.

It may not be so disruptive now during its inception, but it certainly has the capabilities to pose serious threat to big pharmaceutical companies in the long-term.

How are Cost Plus Drug Company’s prices so cheap?

Cost Plus Drug Company
Cost Plus Drug Company – Affordable Medicine

Cost Plus is able to keep medicine prices low by providing the customer with wholesale prices instead of marking up costs like industry leaders do.

The company eliminates the middleman and aggressive markups to make popular generic medicine affordable for everyone.

Big Pharma companies get their medicine from wholesalers and then mark up the price for the retail market.

Often times the markup is so greedy that people find it difficult to keep up with the high costs of medicine.

Mark Cuban is doing what India has done to provide people with affordable medicine at scale and it’s incredible to see it happening in the states where a lot of capitalism tends to be corrupted by greed.

Mark Cuban Pharmacy Affordable Medicine

Where Big Pharma companies might have 100%+ markups and other fees, Cost Plus has a 15% markup rate and $3 pharmacy labor charge plus shipping.

Can Cost Plus Drug Company really compete with Big Pharma companies?

There’s no way Big Pharma will be able to keep up with this philanthropic venture.

Mark Cuban’s online business might be a little too new to make a dent in the industry at the moment, but it certainly has the structure to create massive change.

And while mainstream media isn’t pushing this information out, you can play a big part of that positive change by raising awareness.

Give this article a social share to show support for a much greater and brighter future.

Have more questions?

franknez.com

Check out the FAQs section at the very bottom of Mark Cuban’s pharmacy website for more information.

The company website goes over insurance questions, how the process works, and much more.

Cost Plus Drug Company is currently a private company therefore does not have a stock symbol yet.

However, stock enthusiasts are already looking forward to Mark Cuban’s pharmacy company IPO.

How do you feel about this news overall?

Leave a comment below.

Also, don’t forget to join the newsletter for more market news and stock related updates.

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How To Start an Online Business and Succeed

how to online business start

Did you know that every day you procrastinate starting your online business it’s affecting you?

Yup, that vision you keep seeing for yourself and your family gets further from you when you don’t start.

But it’s not too late!

I’m going to answer all the questions you might have regarding starting an online business for the first time.

A few of the basics including what type of online business you should start, how to scale it, and what makes an online business successful.

franknez.com

Welcome to Franknez.com – the blog where you can digest content on personal finance, side hustle ideas, entrepreneurship, and trending investing topics.

Lets get started!

A little bit of background before I break this down.

I left my 9-5 working for the family business in order to start my own online businesses.

One of them is a hybrid model.

With this business I sell a service and product remotely.

The second online business is 100% online, earns 5-figures per month, and I don’t sell any products or services!

This is the type of business most of you might want.

And I’m going to break down step by step how you can do this too.

Key Points and Questions

  • Where and how to start an online business
  • Online business ideas for beginners
  • What makes an online business successful
  • How to scale an online business
  • What type of online business should you start
  • Why are online businesses popular nowadays
  • How does an online business work
  • Why online businesses fail
  • Can an online business make you rich

why are online businesses popular nowadays

Online businesses are attractive because they tend to provide people with a freedom like no other.

People like you and I are ditching our 9-5s to provide value online and at scale.

Which leads me to the second reason why online businesses are so popular.

You can scale an online business quicker and larger than a traditional business.

An online business will provide you with the freedom to work from home or anywhere else in the world.

If you value the freedom to travel then know that this is what an online business can provide for you.

Travel While You Work

Also known as the laptop lifestyle, traveling while you work requires discipline.

However, the lifestyle provides a freedom working in a desk will never provide.

Notice I said travel while you work not work while you travel.

That’s because life changes when you get your freedom back.

You’re technically working all the time while enjoying your surrounding freedom.

The first taste I got from the laptop lifestyle is when I went on vacation to Rocky Point while working a sales commission job.

And even though I was on vacation, I still had obligations for my clients.

We were in this beautiful luxury apartment with a stunning view of the resort and ocean.

That day we arrived I had emails to answer and clients to call back.

Keep in mind at that time I was managing my clients from an office.

That’s when I first discovered this freedom.

Here’s a picture of my son Frankie chillin as we unpacked food in the apartment.

I knew that if I wanted a life like this, I would need my online businesses to out-earn my salary.

That’s not how it happened though, I took the leap and eventually went all in.

More on that later!

Scalability Skyrockets Your Income

So not only do you get your time back but you have the advantage of earning a ton of money with an online business.

The reason being is that most online businesses can be scaled MASSIVELY.

Online businesses can all be scaled very differently.

Some are easier and quicker than others while a few businesses do take more time.

Now, just because some online businesses are easier and quicker to scale, it doesn’t mean they don’t require a lot of hard work and attention to detail.

An online business is still a very real business.

Your new business will require you to put your real life skills to work in order to manifest your career goals and that dream life.

Online businesses are the reason why you see and hear about a lot of younger people earning 6-figures per year just from their laptop.

I’ll get more in depth on how you can scale your online business a little later.

Here’s how you start.

How Do You Start an Online Business?

how do you start an online business

How do you start an online business, right? Where can you start an online business?

These questions usually leave beginners a little mind boggled.

How exactly do you turn nothing into something?

The answer is actually quite simple.

You’ll need a website or online platform to use depending on your niche and type of business you’d like to create.

Your website will be your foundation to your entire online business model.

It doesn’t matter what type of online business you create, but you’ll need either a website or platform to begin.

I would personally avoid a free website like WIX only because it will not provide you with the tools necessary to scale.

The purpose of an online business is to scale it enough to provide you with the financial freedom you deserve.

So, for starters, I recommend building your own site using Bluehost.

It’s very easy to use but if you don’t want to spend the time personalizing your own site you can always pay a few hundred to thousand dollars to a professional who will use the same platform.

What type of online business models require either a website or platform to begin?

If you are interested in the following, you will need a website:

  • Blogging
  • Providing online services and consultation
  • Reviewing products

If you prefer the following, you’ll need a platform:

  • Selling a product
  • Entertaining
  • Visually informing or training

It may not seem like a ton of options but believe me there are many niches within each of these categories.

How does an online business work?

An online business provides value online, and you get compensated online.

Your online business will earn money depending on what type of service you provide.

You will get paid depending on how your online business is monetized.

I’m going to go over this more in detail down below.

What Online Business should I start?

The online business you start is going to depend on these 5 major key points.

Ask yourself:

  1. Would you rather provide a service, provide information, or sell a product?
  2. Are you looking for a more hands-on experience or more virtual experience?
  3. Do you want to earn money per project or passively?
  4. Will your startup require a lot of capital, or very little to no capital?
  5. How important is mass scalability to you?

By answering these 5 questions, you’ll have a grasp on what type of online business you’d like to create.

Below you will find a number of online business ideas that will help you identify which model aligns with your needs.

Online Business ideas for beginners

I’m going to break down all the things you can do with these online business models.

Your personality and intuition will naturally gravitate towards a specific idea.

Blogging

blogging

This is a writer lovers paradise.

Blogging allows you to share your experience, knowledge, and stories at massive scale.

What makes blogging an attractive online business model is that just about anyone can provide value to an audience based on a particular niche or subject.

Entrepreneurs are blogging about really just everything!

Here are some blogging topic ideas:

  • Write about your experience in ‘X Industry’. Maybe you love the industry you work in or are an expert in it. Write about it and answer questions people might have on a variety of subjects pertaining to your industry.
  • As long as there’s a real interest in it, you can blog about pretty much anything. People are earning money blogging about travel, teacher life, mom or dad life, pet life, college life, automotive, tech, and so much more!

How Do Bloggers Earn Money?

Bloggers earn money through a number of ways.

One is through display advertisements, like the ones you see on my website. T

he second way bloggers earn money is through affiliate programs.

Bloggers can earn a commission for making a sale of certain products or services.

Bloggers may even sell their own products or services online.

How Much Money Do Bloggers Make?

Bloggers can earn 3 to 6-figures per month depending on how you monetize your website.

My website currently earns 5-figures per month.

Scaling your audience is key to scaling your online business.

If starting a blog interests you be sure to read the beginners guide below.

It will walk you step by step on how to start using a self-building website platform called Bluehost.

The process is very easy and only takes minutes to set up.

Read: Blog like a champ in 2021: Easy beginners guide

Online Services and Consultation

online business services

If you already come from a consultation background, you may find this online business idea to fit your expertise.

Find a niche you’d be interested in providing value to.

Consulting may revolve around relationship advice, marketing consulting, social media consulting, business / sales, financial, etc..

This online business model will require you to be available on call or chat when a prospect reaches out.

A website could be a net for you to catch fish.

You may accept payment with Zelle, Venmo, Cash App, or PayPal for example.

Examples of online services

You can provide online services through your own website, or through a platform like Fiverr.

Services you could provide may include:

  • Reviews (blog or single website)
  • Site building
  • Social media management
  • PowerPoint building
  • Graphic designing / vector / digitizing
  • Video editing / audio editing, mixing (engineer)
  • Training / Health, diet schedule

The costs of your services and consultation will all vary depending on your niche and expertise in your field.

An online business based on consultation and services only will be limited to scaling unless other monetization is included in your business model.

You might want to provide affiliate products that can provide further value to your customers.

This will allow you to earn a commission for every sale you make on top of your consulting and service rates.

You can also incorporate a ‘blog’ section where you can direct your website visitors to and earn revenue from displaying ads.

E-Commerce Store

ecommerce store

E-commerce is the way to go if you’re looking to sell products online at scale.

There are two type of products you can sell online.

  1. Physical products
  2. Digital products

Selling products online are a great way to diversify your income.

You can either have a full-on Amazon store as your main online business, or you can create a small store to earn extra revenue on the side.

Physical Products

Physical products will require you to drop ship directly to your customers via manual entry or using an automated system.

The best platforms for this niche are Shopify, BigCommerce, and WooCommerce.

But if you want to build an e-Commerce business you’ll want to go with Amazon.

You can set up your own branded store with these platforms and use them to ship sell and ship product out to your customers.

This type of online store is scalable when you’re selling product that’s trending and in high demand.

Find your niche and cater them using your own online store.

Digital Products

Digital products on the other hand are a lot different.

You’re not selling hard copy of anything here.

A digital product could be a video, a course, an e-book, an audible, art, etc..

You can sell your own self published e-books using Amazon KDP and other products using a Shopify store.

If you have a blog you can also integrate WooCommerce with WordPress and sell directly to your readers from your website.

A digital product can earn you passive income / leveraged income while a physical product might require more of your time.

If marketed correctly, it can also scale much higher; especially if presented to a huge audience.

Reaching The $10K Mark: How Perseverance Overrides Adversity

Reaching The $10K Mark - Sales

In my eBook, Reaching The $10K Mark, I talk about the adversity I faced during my sales journey to reaching $10K per month in sales.

Every time I was close to reaching my goal the waves would come crashing down on me further pushing me away from the tide.

This motivational eBook captures the world of every aspiring seller striving to make it big in their sales career.

This is the first digital product I created and I wrote this with a lot of heart.

The moral of this story is how perseverance overrides adversity.

I wanted to create something personal that showed another person that we are all human beings and that we all come across setbacks in life.

My goal is to inspire you to keep going.


Become a YouTuber

Become a youtuber online business ideas
Online Business Ideas – YouTube

Lights, camera, money!

YouTube is a great platform for you to provide value at a massive scale.

YouTubers for the most part entertain no matter the niche.

Like blogging, you can share your knowledge and expertise in video format whether it be a vlog, instructional videos, or illustrational ones.

Anyone can create a channel and upload videos no matter your niche.

This type of online business will require you to be a little tech savvy, or outsource that work to those who are.

How Do YouTubers Earn Money?

Like bloggers, YouTuber’s main source of income is through displayed advertisement.

However, as your channel grows you can also leave affiliate links in the description of your videos to diversify your income from your viewers.

The amazing thing about YouTube is that once you’ve monetized your videos, you begin to earn money in your sleep.

As long as people are watching your videos on loop you will always be earning money.

This is what’s known as leveraged income.

If you love to travel, you only need to pack up your filming gear and move it with you to produce content no matter where you are.

How Can I Incorporate YouTube With My Niche?

If you’re into tech you can always review products or film unboxing videos.

People love this type of content.

You can then diversify your income by leaving amazon affiliate links to the type of gear you use in the description area of the video.

If your audience loves your channel to the point where they want to support your work they can always become a patron.

My patrons altogether cover most of my website’s monthly expenses.

If you’re a trainer, you could combine the use of YouTube with your website to generate leads.

Not only can you upload content to YouTube, but you can also provide consultation or 1-1 virtual training sessions.

It’s really all about creativity and leveraging these ways of earning money online to benefit and scale your online business.

How to scale an Online Business?

So how exactly do you scale an online business?

Audience is key. You’ll need a lot of eyes on your product, service, or content to scale your online business.

Once you’ve figured out how you’ll be monetizing your online business you’ll need as many people as you can get over to your website.

The more people that see you means the more possibilities you have to earn big money.

#1. Produce quality content

Quality content is going to be the foundation to your online businesses’ success.

People want to consume and buy quality product, services, and content.

Take as much time as you need to ensure your content is superior to that of your competitors.

Forget what they’re doing, just do what you know how to do but do it exquisitely.

Quality content never fails to be noticed, recognized, and appreciated. In fact, quality content has a higher chance of being shared on social media and referred through word of mouth.

Everything on this list can be perfect but if you’re not producing quality content then your online business will not be taken seriously.

Take your time to learn something if you have to or invest in the tools to make your presentation look and feel better for the engaged user.

#2. Search Engine Optimization (SEO)

Search engine optimization is the key to a successful and high ranking website.

You build your SEO by using the correct keywords and building backlinks to your website.

When you’re building your website you’ll want to make sure you’re using keywords that reflect what your online business is offering.

This will give you a higher chance of being found organically on Google, Yahoo, and Bing.

Don’t be discouraged if you aren’t seeing your online business pop up on Google right away.

SEO takes time to build but trust me, Google will automatically start ranking you after a few months of being active online.

Meta description, titles, subheadings

SEO is also heavily influenced by your website or platforms description, titles, subheadings, images, and even what is being vocalized in a video.

The more you stay on topic means the higher chance you’ll have at ranking higher in the organic search and recommended results.

#3. Social media marketing

Scaling your online business is heavily dependent on the use of social media marketing.

You’ll need to identify which social platform best connects with your target audience the best in order to drive traffic to your website or platform.

Get involved in Facebook Groups, relevant Twitter topics, or even network using LinkedIn.

Every niche and every website/platform will connect with a group differently.

Sometimes it takes time to find which will work best for your online business but you must find it.

Sharing your content, service, or product on social media is the first step towards promoting your online business.

Once you’ve worked on your SEO, you’ll want as many people as possible to click on these ‘backlinks’ leading them to your landing page or video.

Google loves backlinks and actually ranks you higher when you have plenty of them which means you need to consistently be sharing content that drives people to your site.

#4. Be consistent

Search engines begin to ignore you if you stop producing content so be consistent.

This is the part of building any type of business whether it’s online or traditional that requires patience.

You cannot expect to produce content once or ten times and start seeing huge results.

It takes time and effort.

Consistency is going to improve your marketing and pitching skills online.

It’s also going to make you produce better content for a bigger audience.

When search engines see your links have been spread around consistently for quite some time, your domain authority begins to climb meaning your visibility also begins to climb.

#5. Brand your online business

The fifth tip to scaling your online business is to brand it.

Branding your business is more than just a logo.

It’s the character of your business, the personality, and the likeability.

Your brand should attract your customers or audience and make them feel like they belong.

Did you know that you can evoke emotion through colors?

I get a little more into detail here with this marketing strategy, but the key is to create an identity.

When you create an identity, people will remember you and come back for more.

This is how you can get your customers to use your services again, buy another product, or indulge your content every day.

In the beginning, your brand will change from time to time.

This is 100% okay. Branding is about discovery and this takes time.

Your brand will slowly begin to reveal itself to you as you continue to push forward.

What makes an online business successful?

what makes an online business successful

To me personally, an online business is successful when it is able to provide you with a certain freedom a 9-5 can’t.

Whether it be more family time, personal time, recreational time, or even money, it’s different for every individual.

Perhaps you’re making a little less with your online business than you were from your corporate job but at least now you have more time with your family.

I see this as successful.

Maybe you keep scaling it and now you earn your previous salary every month.

I’d say that’s tremendous success.

My online businesses have provided me with the freedom to work from anywhere I please and to earn money in my sleep.

I could work less hours, but my work ethic doesn’t allow me to.

I have to constantly be providing value because as an entrepreneur, nothing is truly every secured and my family’s financial freedom is that important to me.

I make every minute count and I’ll ease off the gas pedal when I reach certain milestones.

Work hard now rest later!

Can an Online Business Make You Rich?

can an online business make you rich

I think you know the answer to that.

Due to how scalable online businesses are they can certainly provide substantial income to by most standards be considered to be wealthy or rich.

They key to your wealth will heavily resonate with the amount of people you’re able to provide value to.

You will become wealthier if your scalable model can reach 1 million people oppose to 100k people.

There is no shortage of people by whom you cannot provide your services to.

It’s a matter of figuring out how to get in front of them.

Everyone is fighting for attention one way or another.

Your job as an entrepreneur is to figure out how to stand out so that your product, service, or content is seen.

The marketplace will then decide whether or not your product, service, or content is worth buying, using, or indulging in.

So, be sure quality is always the first thing in mind when building your online business to provide value at scale.

Why Do Online Businesses Fail?

Like almost anything else in this world, any endeavor will fail once you stop working on it.

It’s really that straight forward.

If the marketplace didn’t react well to your service or product and you quit then you were the reason for the businesses failure.

Instead of tweaking and perfecting your product or service you rendered in self defeat.

Online businesses fail when their owners are defeated by adversity and barriers along the way.

An online business is not worth failing over.

The upside is too valuable.

Write that down in case it ever gets overwhelmingly difficult for you. “An online business is not worth failing over. The upside is too valuable”.

Online Business Courses

Should you attend them?

This is a financial literacy blog and financial literacy says don’t sign up for online business courses when in the end, you end up learning from experience instead.

I didn’t take online business courses, but I did attend a private college and earned my associates degree in business administration.

I was left with $50k in debt and didn’t know how to sell, apply social media marketing, or file taxes for a small business.

You have to understand that any school offering you any online business management degree is scamming you.

They’re a business themselves.

They will teach you theory and give you a good grade for your efforts and presentations.

But they will not teach you how to become a successful entrepreneur. That you learn on the streets.

Online Business School

I’d be lying to you if I didn’t personally look into online business schools after I received my associates degree in order to ‘further my education’.

It wasn’t until I began earning money in a sales position where I learned that there was no need for me to attend an online business school.

Online business school wasn’t for me at this point.

In fact, my business professor wasn’t a very successful entrepreneur. He owned a volleyball team but the startup was a partnership.

And he had given up on it and referenced selling his half to his partner quite often.

Online Business Management Degree

If you’re thinking about getting an online business management degree through an online business school, I would take financial literacy a little bit more seriously.

You can invest the money for your tuition into your startup instead!

The money could go towards gear for that YouTube channel or towards your domain name and website configurations.

There’s so much more you can do with that investment.

An online business management degree will not teach you the real world aspect of running a business or managing people.

Start off small and work for a small business to gain exposure and experience.

Learn the ropes and start with data entry.

I began my journey managing a small team due to my leadership skills, not through my degree.

Start there and see how much further that takes you.

Start Your Online Business Today

Franknez.com

Stop procrastinating.

You got this!

Get excited about it and start taking your first steps towards that new life.

That vision you keep seeing is the preview to life’s upcoming attractions.

And if you’re lacking strength to get started then I encourage you to borrow mine.

Borrow my strength to start.

I believe in you.

References

Connect with me on social media!

Twitter | Facebook | Instagram


3 Different Ways I’ve Earned 6-Figures [Secrets]

How to earn your first 6 figures
How to earn your first 6 figures

So, you want to earn your very first 6-figures.

I’m going to go over 3 different ways I’ve done it to provide you with insight and value so you can do it too.

I never had any mentorship when achieving these goals, so I feel very happy being able to share my story with you.

Make sure to subscribe to the blog for more articles like this.

franknez.com

Welcome to Franknez.com – today we’re discussing what it’s going to take to earn your very first 6-figures. Here’s how I did it and how you can do it too.

Let’s get started!

My First 6-Figures Story (Family Business)

first 6-figures
How I earned my first 6-figures

I’m going to be as brief as I can while still providing you with value and knowledge.

Earning my first 6-figures were the hardest.

The first time I earned 6-figures was as an intrapreneur within the family business.

I had a sales position role I took on straight out of college.

The year was 2015 and it was the most intimidating thing I had ever done at that point of my life.

I’ll never forget how I felt receiving my very first PO, it was around $40 or so and I remember thinking, “wow, this purchase order is money”.

I took on the sales role because I was certain of two things.

  1. I wanted to make a lot of money
  2. People in sales made a lot of money

And although it was extremely uncomfortable, I wanted to take on the challenge so that I could live the lifestyle that I wanted to live.

This chapter of my life was very challenging and pact with rejection after rejection.

In my eBook, “Reaching The $10K Mark: How Perseverance Overrides Adversity“, I go into depth what I went through in the beginning of my journey.

Feel free to check it out to unlock a part of my journey only a very few have access to.

How Long Did It Take Me to Earn My First 6-Figures?

how long did it take to earn 6-figures?
How long did it take to earn 6 figures?

I started my sales journey in 2015 and made my very first 6-figures in sales in 2019.

It took me 4 years of grind, rejection, commitment, failures, and goal setting to make this happen.

Again, I go more into detail in my eBook.

But it was hard.

When you do sales for a company, you put yourself in front of rejection every day to earn the opportunity to work another company.

I did this for 4 years straight before closing the year with 6-figures in sales for the very first time.

Year 5 was another 6-figure year in sales, although I didn’t earn that in income, and year 6 would have been my third year earning 6-figures too.

But I had left the family business to pursue my own business ventures and create the life I’ve always intended on living.

I’m actually drafting my second eBook to help those in family businesses identify when it’s time to leave the family business, especially if the environment becomes toxic.

Something I kept in mind was that if I could make someone else’s business 6-figures per year, then I could do it for myself and my family too.

The Second Way I Earned 6-Figures Was with Stocks

earning 6-figues with stocks
Earning 6-figures with stock investing

I am going in chronological order to help you understand a little bit about my background and my story.

I’ve always had a dream of making a lot of money and living life on my own terms.

When I became aware I wasn’t going to become affluent working for someone else, I decided to take action and invest in myself by accumulating a lot of knowledge online.

Though I didn’t have any mentors in person, I did have mentors online, at least that’s what I’ve always considered them to be.

I consumed content from a variety of successful and wealthy people and took the most valuable things from them to mold my own character.

Learning how to invest in stocks was so intimidating because no one was showing you how to do it.

Every article I read online was so dated and full of mumbo jumbo jargon.

Without hesitation, I opened my broker account with Vanguard, deposited my first $20, and made my first investment two months later after that deposit.

Why Invest in Stocks?

why invest in stocks

The year was 2019 when I made my first investment in the stock market.

I’ve always wanted to invest in the stock market because unlike a high yield savings account, it earned a lot more returns annually.

I was deep into financial literacy and was learning as much as I could about making money, managing it, and multiplying it.

So naturally stocks came to mind.

In fact, I’ve wanted to invest in stocks ever since one of my finance professors from college advised he did.

Old man was a gatekeeper though, he had absolutely no regard for showing us how to start!

So, with that in mind, I decided to launch Franknez.com to show people what I was doing to make, manage, and multiply my money.

This is not a website for financial advice, it’s a website for insight, perspective, and self-education.

The first time I saw 6-figures in stocks was during the summer of 2021 when momentum stocks were up, and my long-term stocks were very healthy.

I understand that in the beginning it’s difficult putting money away, and it’s even more difficult investing it.

Learn to let go of the money so that it can go out and bring back some more.

I’ve found that it’s very important to take calculated risks in life.

Bookmark: How to invest in the stock market for beginners

I’ve Earned 6-Figures Blogging

how to earn 6 figures blogging

The third way I’ve earned 6-figures is by reaching millions of people online via my blog.

I’m beginning my third-year blogging in 2022 and am excited to provide even more value to the communities I serve online.

There’s content on my blog for:

  • New bloggers
  • Entrepreneurs
  • Stock investors
  • Crypto investors
  • & Financial literacy seekers

I’ve written a ton of content to help people either gain insight to reach a new level, or digest content on important information that will help them improve their finances one way or another.

While I do blog for a living, I also run a 5-figure advertising agency that I’m working towards getting to 6-figures.

It’s all been extremely challenging and has taken time.

Excluding stock investing, earning 6-figures for any business or platform will require you to provide a lot of value to the receiver.

Reach For More!

Earning 6-figures might sound like a dream come true, but in all honesty it’s only one steppingstone towards a greater and much more prosperous future.

6-figures shouldn’t be the goal, but rather be seen as a milestone that will propel you even further.

I recently heard a saying, “don’t buy stupid $#!% until you at least have $500k in the bank”.

The financial literacy in that statement is strong and I love it.

Even when you earn a 6-figure income, live below your means to maximize your net worth growth potential on that income.

Otherwise, living paycheck to paycheck would have meant your efforts were all for nothing.

Related: How to start a blog in 2022 (Beginners Guide)

The Secrets to Earning 6-Figures Per Year

secrets to earning 6 figures per year

So, what are these secrets that allowed me to manifest 6-figures in 3 different ways?

  1. The appetite to do so
  2. Setting goals and
  3. Taking relentless action to meet them

That’s it, that’s all it takes.

You’ll need to want it, you’ll have to be clear on what it is you want (6-figures), and then you’ll have to take as much action necessary to make it happen.

Here are some examples:

Family Business

In the family business, I created this appetite for meeting the 6-figure goal.

Once I was clear on what I wanted to accomplish, I began setting goals as to how I would accomplish this within my niche industry.

From there it took 4 years of relentless action to finally reach 6-figures in sales.

Stock Investing

I had a hunger to learn how to invest so I chose the path of stock investing.

I got clear on wanting to multiply my money with the intention of making more than 6-figures one day, and took relentless action to put money aside to invest when opportunities came my way.

The discipline to not spend but rather save, is a form of taking relentless action towards a future goal.

Blogging

Blogging came more natural than anything else I’ve ever done.

I’ve always loved to write, and to help people.

As I set goals to further provide value, my blog grew exponentially as I took relentless action towards giving more than I received.

Although blogging has been challenging in its own respect, it’s also been the most natural to me personally.

Summary

franknez.com

There you have it; these are the 3 different ways I’ve earned 6-figures.

While yours might differ from mine, the 3 secrets I’ve outlined are what helped me do it 3 different times.

In retrospect, now I’m wondering if there needs to be more things added to that list in order to go beyond 6-figures, such as hiring a team for example.

I guess that will be a blog post for another time.

Share this post on LinkedIn or any other social media where people can gain insight and value from it.

franknez.com

You can follow me on social media using the links below.

Twitter | Facebook | Instagram | LinkedIn | YouTube | Patreon


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