Category: Entrepreneurs

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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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


How To Overcome Self-Doubt as An Entrepreneur

How to overcome self-doubt as an entrepreneur
Overcoming Self-Doubt as an entrepreneur

Self-doubt is something all entrepreneurs fight from time to time.

Some more than others.

I can say from experience that it tends to be more present in the beginning stages of your entrepreneurial endeavors.

However, these feelings always find a way back.

No one is immune to them; we just get better at overcoming them.

franknez.com

Welcome to Franknez.com – the blog that provides you with content on stocks, crypto, and entrepreneurship. Today we’re discussing that little voice in our heads that says we’re not good enough.

Let’s get started!

A Little Bit of Background

scared of failing
Are you scared of failing?

My first startup failed, and so did my second one.

The third one survived but wasn’t scalable and I’ve since changed its business model.

But it’s my fourth and fifth startups that are really my babies today.

One of those startups is this blog.

It has had a lot of success though it didn’t happen overnight.

And the other startup is a hybrid online business in an industry I have been in for 6 years now, though I will be starting my third year in business in 2022.

Both these startups have very unique challenges.

And I know all too well what it feels like to have that voice in the back of your head question everything.

Self-doubt crushes people’s dreams and is one of the biggest reasons why most people never get started.

Here are some ways I’ve found myself overcoming the fears and self-doubts as an entrepreneur.

#1. Get Clear on What You Want and Don’t Want

get clear on what you want and don't want

Why are you an entrepreneur?

Perhaps you couldn’t work for someone anymore and you’ve understood your worth.

There are many reasons why entrepreneurs become entrepreneurs.

What’s helped me overcome self-doubt is thinking back on why I’m doing what I do.

When I think back to my ‘why’, I remember that swimming with the sharks is where I’m meant to be; despite how challenging it may be.

I find it’s extremely important to remember the type of lifestyle you’re working towards creating for yourself.

When you’re questioning your belief in yourself, remember about the things you don’t want in life.

Because the things that you do want in life, someone else has already accomplished them.

That vision you keep seeing, it’s a preview to your future and it’s possible.

#2. Practicing Affirmations

Affirmations

As entrepreneurs, sometimes we catch ourselves thinking negatively about ourselves due to the lack of results in the ‘now’.

That voice inside our heads beats us up into thinking we are not what we want to be.

However, you must understand that you are what you say you are.

And you also are what you think you are.

Practice writing affirmations down that align with your goals, desires, and ambitions.

Affirm what you are and affirm what you are to accomplish.

“The Secret” teaches us that we must speak, act, and feel as if we’ve already accomplished that of what we set to reach.

This shift in mindset elevates your vibration of energy so that it is parallel to that of which you seek.

Write down your affirmations and speak them into existence.

There are a number of great affirmation videos you can listen to on YouTube.

Make it a habit to practice affirming the life you want.

#3. Consume Content to Guard Against Self-Doubt

Entrepreneur Content

One thing I’ve always done to overcome self-doubt is to consume motiviational content.

Motivational content helps, but you shouldn’t depend on it.

Consume it when you feel like it will provide you with value in that specific time and moment.

Some of the best places I found my motivational content was on Instagram and on YouTube.

Follow accounts that publish motivational and positive content.

This content will remind you that we are all facing adversity but have the capabilities to attain all that we desire.

YouTube has been an incredible platform for this type of content as well.

There’s so much content on YouTube from Tony Robins, Gary Vaynerchuck, Grant Cardone, Steve Harvey, and others that will inspire you.

Listen to them while you’re on the road or while you’re working.

One thing you’ll learn is that even the most successful people on this planet have felt what you’ve felt and are currently feeling.

#4. Continuously Educate Yourself

Overcome self-doubt by educating yourself

This is where we’re truly separated from the rest as entrepreneurs.

It’s whether we decide to progress and learn or not.

I find that reading books and learning from mentors online keeps me grounded and knowledgeable.

It’s when I’ve educated myself that I feel confident in what I do.

As entrepreneurs, we don’t have the answers all the time.

It’s up to us to continuously find creative ways to solve problems.

There was a time where I didn’t want to self-promote because I simply didn’t feel ‘right‘ doing it.

After educating myself in marketing books, I discovered that self-promotion is simply showing your work.

Continuously educate yourself to overcome any sort of self-doubt that may be limiting you to being seen by the right people.

There’s a book or an online influencer for every insecurity you’re feeling about your growth in business.

Seek the help you need to tackle these weaknesses to prosper.

#5. Speaking Your Concerns Out Loud

conversation

Sometimes just talking out loud to yourself or your partner is a massive stress reliever.

I found that when I had self-doubts and I discussed them with my partner, it would help to simply just hear them.

If you have an amazing partner that supports you all the way then they will encourage you.

But if you don’t, write them down and say out loud what’s worrying you.

I find it’s better to let these anxieties out rather than keep them in.

This is the perfect time to turn to your affirmations to shift your mindset.

Rather than thinking about what can go wrong or what isn’t going your way, think what can go right and just how far can you really take things.

There would be evenings where I would express to my partner a concern and then I would end up finding a solution right then and there without her having said a word.

As crazy as it sounds, the therapeutic effects have allowed me to overcome self-doubt by finding solutions instead.

#6. Go Back to Your Vision Board

Vision Board

Our mind is constantly trying to self-sabotage itself.

And it’s primarily because of habits that have been embedded in our subconscious mind since the day we were born.

As an entrepreneur and as a growing person, it’s up to us as individuals to reprogram our mindset.

I find that I gain inspiration from working on my vision board.

If you don’t have a vision board yet you have to create one today!

Like as soon as you’re done reading this article.

Your vision board should excite you!

So, when you’re feeling doubt beginning to creep in, just remember what’s in store for you.

That vision board is real, you just have to progress enough times to get there.

#7. Practice Positive Mindset

positive mindset

This one is extremely important.

You have to be kind to yourself.

Be proud of who you are, who you were, and who you will be.

We cannot feed self-doubt, otherwise it will take us down.

Harnessing a positive mindset has helped me overcome anxieties, fears, and judging myself.

We’re hard on ourselves, I get that 100%.

But Gary Vee says we should not judge ourselves and he’s right.

Work on and improve sure, but not judge.

Talk to yourself and acknowledge how far you’ve come.

Acknowledge how great you are and how much greater you will be.

At some point you’ll have to give yourself credit if you are to easily overcome thoughts of self-doubt.

#8. Letting Go Spiritually

Trust the process

This one is quite intense.

Letting go spiritually has changed my mindset.

Upon studying the wealthy and successful, I’ve realized they all have one thing in common.

And it’s their belief of letting go and not resisting.

Many discuss shifting your mind to have faith and simply trust in the process.

Self-doubt gets destroyed when you accept that the universe has your back, and everything will work in your favor.

Every setback is a test from the unknown, observing you.

Testing you.

You must prove how bad you want things in life before they come to fruition.

Want More Content Like This?

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Here’s How To Ditch That 9-5 Job Mindset [Earn More]

Here's how to ditch that 9-5 mindset

A 9-5 can only get you so far.

The problem is no one taught us that trading time for money should only be temporary.

The truth is we all have that something within us that the world has not seen yet.

And it’s up to us as individuals to discover what that something is so that society can benefit from this value.

Your 9-5 is making someone else’s dreams a reality.

And I’m here to tell you I think it’s time you start realizing yours.

franknez.com

Welcome to Franknez.com – today’s article is a little different. I want to tell you a story. But I also want to discuss personal finance, a topic I’m extremely passionate about.

Let’s get started!

A lot of you want to become rich.

Or perhaps just earn a lot more money.

Believe me when I say we’re on the same page.

I personally found this out for myself when I had my boy at the young age of 17 years old.

My folks were young parents too and I’ll never forget their struggles growing up.

When my son was born my entire life changed.

I had to become someone for him.

And it hasn’t been easy.

We Were All Told The Same Thing

go to college pay the bills 9-5 job

Go to school, get a career, or find a safe job that pays the bills right?

See, that’s all I knew too!

Life was about just getting by and living for the weekends.

The first job I ever applied to was a Del Taco in my town.

I didn’t get the job but that’s a whole other story.

My 9-5 started when I began working for my father after college.

Prior to that I was working part-time for him.

I started in the back operating machinery like everybody else.

I didn’t know anything else but the 9-5 lifestyle and the weekends.

At some point I fell out of my fathers business and began working for a bottling company in Southern California.

Another hell job.

But something drew me back in to work for my father, I needed the money.

At this point I had gone all in and started my sales journey within his company.

I came to learn one day that I was being taught how to work for the ‘man’ and that I was never going to earn like the ‘man’.

This was going to be life forever.

And I couldn’t accept that, I couldn’t do that to my family.

Why Do You Want To Leave Your 9-5 Job?

Know Your Worth how to leave you 9-5 job

Ask yourself, why do you want to leave your 9-5 job?

Sick of the mundane schedule?

Are you not respected enough? Are you being undervalued?

Do you want to provide more for your family?

These are all legitimate reasons for wanting to ditch that lifestyle.

I say lifestyle because it is a lifestyle, we choose how we want to live.

And nobody really ever told us that.

We kinda just grew up doing what we were told to do.

The thought of leaving a safe job is also scary AF right?!

That’s what really gets to us, the fear of the unknown.

This fear is what holds us back from achieving bigger things for ourselves and our families.

It’s this fear that pins us to the ground and says where do you think you’re going?

You’ve felt it, and I’ve felt it.

The problem is, how do we overcome this fear of entering the unknown?

Here are some tips from my personal journey.

How To Prepare Yourself For The Unknown

Fear of the unknown quotes

One of the most important things you must do before taking that jump, that leap into the unknown, is to prepare yourself first.

How do you do this?

Remember when I said earlier that it’s up to us as individuals to discover that something within us to share with the world?

You must have an idea of what this could be, and you only find it by pursuing a variety of different things outside your 9-5 job.

Or perhaps you already know what it could be.

But here’s the catch.

In order for you to take that leap, you’d have to have immersed yourself so deep into this creativity of yours that you were able to monetize it.

If you love to speak and a gig outside your 9-5 earned you $100, then you have the power to grow your skills and earn $1,000 or more.

If you see that this hustle outside your job has the ability to provide value to others and see it one day providing you with freedom, you found it.

But wait, there’s a second catch.

This is something you’re going to have to work on after that 9-5 job of yours.

That means sacrifices, tons of em’.

It will mean that you will become dedicated to making your dreams a reality the second you clock out of your job.

Now you’re using your employer instead of them using you, so that you can fund your ideas.

If you can earn a penny then you can earn a dollar.

And if you can earn a dollar doing what you love, then you can make ten and then a hundred dollars.

The point will come where you have a choice to make.

That choice could be one of the hardest decisions you’ve ever had to make in your life, but it could also be the best.

You will eventually find yourself acknowledging that if you could only do this full-time, you could get so much farther.

You could accomplish so much more.

Yet the thought of going all in holds you back.

The fear of the unknown paralyzes you again.

How To Overcome The Fear of The Unknown

I wish somebody would have told me this when I jumped.

But the truth is, the fear of the unknown is always there.

It just gets easier to manage.

The unknown is a fog that we must continuously work around to accomplish what we set ourselves to do in life.

To be in the unknown, is to be in a creators’ world.

And you are the creator.

Here, you set your own worth, not your boss.

When you enter the unknown you become a magnet to the things you mainly think about.

Approach your new world confidently, and believe you can do it.

Because if you can imagine in it in your mind, then you can create it in the unknown.

Write down your goals and strategize ways to accomplish them.

What If You Fail?

what to do when you fail

Failure is merely redirection.

If something isn’t working in your favor then pivot and learn what didn’t work and find an alternate solution.

Just don’t waste time trying to identify why it didn’t work.

Time is everything in the unknown.

It’s important to understand that jumping into the unknown without having monetized your ideas first is a recipe for disaster.

I’m a serial entrepreneur by nature.

My first startup failed when I was 18 years old; my second one failed at the age of 21.

I finally monetized my third startup at the age of 24 but it wasn’t scalable.

All these failures were merely lessons that eventually led me to where I am today.

I was able to leave my 9-5 after 16 months of nonstop grind after work.

What do I do now?

I write! Full-time baby.

And I also manage an advertising business that earns income ‘per project‘.

Here’s How I Discovered My Gift

Self Discovery

I discovered writing was my gift.

I love to write.

In fact, I used to love to write poetry and lyrics back in middle school.

While working with my father, I built a 6-figure clientele from scratch using mainly email; I was 23.

Then he would have me write important emails to his VIP clients.

It was during this chapter in my life that I recognized I was good with words.

But I knew I wanted to write for the rest of my life when I published my very first FrankNez article on January 1st of 2020.

Franknez.com originally started out as a personal finance blog and I knew I was going to help millions of people achieve some sort of financial success.

When I discovered the stock market in 2019 I knew I had to show people how easy it was to buy their first share of stock on my blog.

The rest is history.

I love helping people realize their potential and showing them ways to multiply their hard earned money.

This is why I publish content on market news and stock and crypto today.

Make The Unknown, Known

franknez.com

Many of us are hoping a single event will change our entire lives.

And if you put your money in the right places it certainly can!

But don’t put your dreams to the side waiting for one event.

Instead I suggest to start planning and taking action now.

Find that something within you, and make the unknown, known.

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Read: An online business can make you a ton of money


Pro Tips For Cold Emailing Prospects: Become An Expert

Pro Tips For Cold Emailing Prospects
How To Send A Cold Email

Cold emailing prospects is a great way to establish new relationships and build your clientele. If you’re looking to improve your technique, well I have you covered. These are the best tips to writing a successful and eye catching email.

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.

Are cold emails effective?

Cold emails have personally worked better for me than any other sales or closing strategy.

The process of sending out cold emails to grow my network and follow up database has allowed me to grow a 6-figure clientele.

For some people cold emails might not drive results. Maybe you’re better at expressing yourself via voice. In this case cold calling might be your best bet.

I love words so I favor writing. I can also speak to a prospect or client confidently over the phone but my choice for initial contact is by cold email. This is what has worked for me and I’m going to show you exactly what I’ve done to make my cold email strategies effective.

Be sure to go grab your copy of Reaching The $10K Mark: How Perseverance Overrides Adversity on Amazon.

#1. Write an attractive subject line

Do you know what the purpose of an envelop is? It’s to get the receiver to open it and read the contents within the envelop. Cold emailing prospects will work the same way. You are going to need them to open your email instead of trashing it on sight.

Write A Catchy Subject Line When Cold Emailing Prospects
Cold emailing prospects requires creativity!

Your subject line must sell the contents within the email so that a prospect takes what you have to say into consideration. Cold emailing prospects will require you to get creative with drawing attention to your emails. An attractive subject line will draw the prospect to your world.

You might have a great idea on how you want to draw a prospect in. You’ll come to find out it takes a lot of practice through trial and error. The persistence that goes into creating great emails will eventually bear fruit. Don’t get discouraged if prospects aren’t replying immediately.

One strategy I found very effective is to simply call them to follow up to let them know you sent out an email with some information you think they can obtain value from. Not only does the prospect hear your voice and has an intro of who you are, but they feel more inclined to find this cold email.

Tips for writing an attractive subject line

There are actually quite a few subject line email hacks that increase your open rate and get your emails seen. Here are some I’ve implemented myself:

  • Keep your subject line short
  • Avoid using CAPS AND EXCLAMATION MARKS!
  • Put yourself in your prospects shoes
  • Use a positive sentiment

4 major key points to writing an attractive subject line

Keep your subject line short: this tells your prospect you’re not going to waste their time and demonstrates personality. Long subject lines tend to come off as wasteful and sales pitchy.

Avoid using caps and exclamation marks: The purpose of your email’s subject line is to get your email opened and read. Throwing caps and exclamations marks screams SPAM. Avoid this at all cost.

Put yourself in your prospects shoes: Start from the inside out. Begin thinking what type of email you would be more inclined to open if you were in your prospects position. A good way to find out what your prospect needs to see is to know your industry very well.

Use a positive sentiment: Using a positive sentiment is going to make your prospect curious. They’re going to want to know who’s emailing them before even getting to the actual message or purpose of your email.

Here’s an example of a recent success pitch

The sales director of the company I do 100% commission-based sales for let me in on some recent news. One of the biggest clients in the company had acquired another multi-million revenue generating company in our industry.

Within a two weeks timespan I had closed my first sale with this acquired sister company using only emails. The initial email went like this:

example of a successful cold email template - franknez.com
Cold email template – how to write a cold email – Franknez.com

And the rest is history. A rep from the company contacted me a week later for a quote on a rather large project and I sealed the deal via email days later.

Did Jamie respond?

Yes, she did. She was pleased to ‘meet me’ and advised she would be sharing my information with her team. Jamie is the CEO of this now acquired sister company.

So, what made this email very successful?

  1. I implemented the 4 key points to writing an attractive subject line. I kept it short with positive sentiment without the need to use an exclamation mark or caps. Who doesn’t like to be congratulated for a big move right?
  2. My email body demonstrated to Jamie what type of connection I could be for her business and for her team. Lets talk a little bit more about what made this email body an attractive email for the CEO of this company to share with her team.

If you’re enjoying this post so far be sure to bookmark it and come back to it a week from now to refresh your memory on these skills that have allowed me to build a 6-figure clientele.

#2. Write a body email that gets noticed

In the example email above you will find that there’s a lot of details packed into an easy-to-read format that delivers exceptional value from the get go.

The keyword here is value.

Every email you send out should provide value in its highest form possible. Yes, even when simply responding to a prospect or a client.

See, when Jamie had responded to my initial contact email I responded back to her.

Wonderful – thanks, Jamie!

Looking forward to providing the team with tons of value.

Thank you,

(Signature)

Frank Nez

Always be the last person to respond.

Address your prospect by their name

It’s common courtesy to address someone by their name. Avoid writing ‘to whom it may concern‘. This form of introduction completely disregards who you’re looking to do business with; especially if their name is already on their email address.

Use your prospects name in the email to be direct and personal.

If the prospects email does not have a name and it’s simply an info or sales email, address the team. You can start your email with ‘hello team‘ or ‘good morning team‘ to show comradery and respect to anyone reading the email.

Doesn’t that just sound so much better than ‘to whom it may concern’?

Establish a connection

Figure out how to establish a connection with someone you’ve never met before. I did this on my email by advising that our company has been a long-time partner with the acquirer company as well as another sister company.

This established the possibility of being trusted. Remember, I still have to deliver and won’t be fully trusted until I do business with them and exceed their expectations.

Tip: don’t work to meet your customers needs. Work to exceed your customers expectations.

Make yourself known

Let your prospect know who you are, as well as a little bit about your responsibilities in your company.

Remember, you’re a stranger to your prospect. Giving them a little bit of background lets them know what type of value and commitment you are able to provide to them and their team.

Demonstrate a willingness to help

People are more inclined to work with people who put their customers first. Demonstrating a willingness to help shows you’re:

  • a team player
  • committed to seeing a project through
  • customer-oriented
  • reliable and confident in your work

I did this on my email by making myself available to my prospect at their convenience.

Use a professional signature

Your signature should be clear and easy to understand and read. There’s no need to personalize it with dated script or flashing banners. Often times this comes off as spam.

My email has a headshot image along with my contact information. By personalizing my signature with a headshot, it lets my prospects know who they’re communicating with.

People like to do business with people, not with logos or company names.

When you’re cold emailing prospects you’re going to want to make a great first impression. Your signature is the icing on the cake. It’s the dessert after dinner. It’s the farewell after a meeting.

Your signature should contain the following:

  • Headshot image
  • Your name
  • Company name
  • Your title
  • Contact number
  • Address
  • High quality art linking to your website or social media

This information tells your prospect exactly who you are and what company will be doing business with them very soon. They have easy access to your address and number. If they want to explore a little more then they can click on your website or social media link for an in-depth look and insight of your company.

#3. Get Remembered

There’s someone else like you targeting your prospects for their business. But not exactly like you, right? You’re different, you want it more. So get remembered.

Wow your prospects with your demeaner and willingness to help. You already know that no one out there can service them like you can. All you need is ONE opportunity. One opportunity to prove there’s no one like you out there.

Cold emailing prospects is an attempt to get them to look at you. Strategize how you can make that happen. Be honest, never sell yourself short, and genuinely strive to make some else’s lives better.

Read: Cold Emails VS Cold Calls: Which Gets Better Results?

Advice for retaining your clients

client retention
franknez.com

Since we’re talking about emails, my best advice for you is to get remembered on every email. Once you’ve turned a prospect into a client, keep getting remembered. Each email should leave the client thinking about how much value they get from working with you.

This can easily be accomplished by:

  • Being courteous and thankful
  • Responding to emails quickly
  • Overcommunicating
  • Making work easier for them
  • Using exclamation marks to demonstrate a great attitude (e.g. absolutely!)
  • Closing emails on kind terms (e.g. have a great weekend, enjoy your time off, etc.)
  • Overall presenting exceptional customer care

Cold emailing prospects is about strategizing so don’t get frustrated if your emails are not being responded to. Get creative to see how you can tweak your emails to eventually receive a response.

Tip: Leave a great impression every single time, just like when you first began cold emailing prospects.

For more on client retention, read 6 Amazing Strategies For Retaining Your Best Clients

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These Are The Best Strategies To Increase Your Sales

Best Strategies To Increase Your Sales
How To Increase Your Sales

Sales are a universal language in business. Every industry requires a sale to be made in order for the business to grow and become profitable. You will learn that these tips are applicable no matter what industry you are in.

Franknez.com

Welcome to Franknez.com – most of the excerpt will be based on taking the actions to bring in new clientele to your business. These are the best strategies to increase your sales.

#1. Cold Call Method

The cold call method is a great strategy to use when making contact with a prospect for the first time. Cold calls:

Use Cold Calls To Increase Your Sales
Sales Tips and Strategies For Small Business Owners
  • Demonstrate willingness to make contact at a more personal level
  • Presents your character (be charismatic, uplifting, energetic, thankful)
  • Allow you to get a feel of the prospects personality (tone, mood, interest, etc.)
  • Is the best way to sell yourself to a prospect through the use of attitude and dialogue
  • Perfect for extroverts (if you’re an introvert, step out of your comfort zone and use this method to gain new skills in sales)

The cold call method is a great way to introduce yourself to a company or prospect and sets the mood for potential business in the future.

Increase your sales by selling yourself and your service or product in order to make a lasting impression.

#2. Cold Email Method

Cold emails are a great method to follow up on prospects. They can also be a great means of making a quick and presentable first-time contact. You may alternate and follow up with a call based on the success rate of response. Cold emails:

Use Cold Emails To Increase Your Sales
Use cold emails to increase your sales
  • Are quick and efficient
  • Advantageous for skilled writers
  • Don’t take much time from a prospects busy schedule
  • Perfect for introverts

If you’re sending out a cold email to make first contact, be sure to follow up with a call when necessary. Some prospects appreciate cold emails due to having the convenience of reading and responding to them whenever it is most convenient to them.

If you’re sending out an email to follow up after a call, be sure to thank them for their time and be clear on your proposition(s).

The most effective way to increase your sales is to alternate between these two methods in terms of first contact and follow up.

Experience

Every lead and choice of execution will result in a variety of ways to present and close a sale. I have emailed prospects who immediately responded requesting pricing after making initial contact with a cold email.

I’ve cold called prospects who advised I made contact at the perfect time as they have actually been fed up with their current vendor.

There has been prospects who have been open to working immediately, some who would like to see samples first, and some who are willing to run test projects before committing to more business.

#3. Schedule Meetings

If you’re after a prospect who isn’t biting, who is giving you the runaround; try scheduling a meeting. Meetings are a great way to present or demonstrate your service or product to a prospect. You may also schedule a meeting with current clients in order to add flame to the relationship.

Sales Meeting

A meeting may take place in your prospects workspace environment or in your facility. Meetings are very personal, sell yourself, your product(s)/service(s), and your abilities that confirm why you’re the best choice for this prospect.

Establish an awesome relationship with your prospect(s). Impressing them will boost your probability of establishing a new client which in return will increase your sales.

Experience & Tips

Scheduling meetings with current clients is a fun way to increase your sales. This strategy will allow you to form a deeper connection with the company and with the client.

There has been a few instances where clients have actually wanted to meet up and see how product was produced at our facility. After one particular meeting, I followed up with the coordinator to advise they are more than welcome to stop by anytime and to bring the rest of the team next time around.

Months later I met another coordinator who wanted to meet in person and see how we conduct business. They were very impressed and super enthusiastic about continuing to doing business together.

This experience has served as a great means of connecting with our clientele which has strengthened the business relationship. At some point in your sales career you will need to meet with your prospects or clients in order to further establish your credibility and increase your sales.

#4. Become An Expert In Your Industry

In order to continuously increase your sales, you’ll need to become an expert in your industry. Yes, you can naturally be a great sales person and understand the importance of catering to a company and really know how to sell yourself.

Become an expert to increase your sales

However, when you become an expert in your industry, you have an insight and advantage far greater than any other sales rep in your circle.

This is one of those ‘extra credit’ strategies that will help take your skills, expertise, AND knowledge to another level in your career.

Understand your industry, and become an expert in your service(s) and product(s). Here are some advantages to being an expert in your industry:

The Ability To Serve Your Clients Quickly & Efficiently

Being an expert in your industry allows you to serve your clients quickly and efficiently. You are able to provide instant answers to your customers questions regarding your services or products in a confident manner.

The Ability To Effectively Solve Problems

Being an expert in your industry means you have the ability to effectively solve problems. Your advantage is that you have the answers to just about everything in your niche, which translates to finding better solutions when discrepancies arise in your workplace.

Your Reputation Exceeds You

Whenever people think of the services or products in your industry they think of you. When you’re an expert in your industry, your reputation exceeds you. People want to work with you.

All of a sudden you aren’t chasing prospects anymore, they’re chasing you. Becoming an expert in your industry is an absolute way to increase your sales.

#5. Feed The Sales Pipeline

Sales Funnel
Keep feeding the sales funnel

You should consistently be feeding your sales pipeline and lining up prospects to follow up with, meet, and close new deals with. I personally suggest creating a client database to reflect the status of your leads. This will help you keep track of who just spoke with, who needs more from you, and who’s in your pocket.

Feeding the sales pipeline will increase your sales due to the consistency of reaching out to new prospects. When work slows down in your industry, you’ll have this amazing client database you can tackle before things start to pick up again.

Tip: Never let your sales pipeline go empty as you’ll have no leads to follow up with once your industry slows down.

#6. Follow Up To Seal The Deal

Follow Up With Customers

Grant Cardone says the sale is in the follow up and it’s true. Increase your sales by continuously following up with your prospects and current clients. Here are some ways you can follow up with prospects:

  • Regarding initial contact
  • On provided quotes
  • Follow up on scheduled meetings
  • Or questions you might have

These points show prospects you have potential of earning their business and highlights your attentiveness to serve.

Here are some ways you can follow up with existing clients:

  • In regards to satisfactory upon purchase of product or services
  • Provided quotes OR re-orders
  • Referrals
  • New business
  • Status of processed orders

These points show willingness to help and demonstrate an effort to accomplish a set of goals. Being proactive with follow ups will increase your sales as you’re consistently on your clients or prospects radar. Remember to create a client database where you can keep track on your prospects.

Tip: Your follow ups should always be strategized so they do not become robotic to the receiver. Alternate between emails and phone calls for the best results.

#7. Think Of Your Customers Needs

Think of your customers needs in order to increase your sales

Understanding how to cater to your customers needs is a definitive way to increase your sales. Everyone you meet, encounter, or come into contact with will have similar needs. You will come to understand that everyone has unique needs. It’s when you learn to differentiate these two that you will gain an advantage over your competition.

Put yourself in your prospects or clients world for a second. What will make them buy from you? How can they think you to be the go-to-person? In order to understand how to cater to your customers needs, you must form a relationship with your current clients, or creatively asses your prospects wants.

Tip: Always think of your customers needs.

#8. Overcommit And Overdeliver To Increase Your Sales

Overcommitting is saying yes to a rush project. It’s saying yes to the tight deadline and the extra work it will require to make it happen.

Overcommit To Increase Sales

Overdelivering is not only accomplishing the goal but it’s having completed it while exceeding the customers expectations.

Increase your sales by demonstrating to your clients that you are trustworthy and a reliable partner with whom they can count on for ANYTHING.

When you overcommit it is up to you to do whatever it takes to see that promise through. When you overcommit you close the deal. Now make sure your delivery is phenomenal. Think long-term success when catering to your clients needs.

Read: Here Are My Top 10 Strategies I Use To Promote My Brand

Conclusion

Sales really are a universal language in business. Every industry requires a sale to be made in order to grow and become profitable. Use these strategies to help you further your career in sales and stay ahead of your competition.

If you found value in this post please give it a social share. Also, don’t forget to subscribe to the blog for instant notification on new posts relating to entrepreneurship and stock investing.

Leave me a comment below if you are already implementing any of these strategies in your industry or if there’s anything else you can input to the related topic!

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