Category: Entrepreneurship (Page 1 of 3)

How to Make Money on Social Media

how to make money on social media

I’ve been making money on social media since 2020 when I launched my first online service.

I’ve managed to gain more than 21K total social media followers in just two years across various platforms including Twitter, Facebook, Instagram, and others.

The incredible thing about making money on social media is that it allowed me to do it full-time from home and earn 5-figures per month.

So, how do you make money on social media anyway?

The short answer is you have to either monetize your personal brand or monetize a business brand.

A personal brand is a brand associated with you as a person, which is how I did it.

A business brand as you can imagine is simply a business with no association to you as an individual.

I want to start off by saying that I haven’t sat in traffic in over three years.

I began living life on my own terms when I successfully branded myself and began to earn money online at the age of 24.

See, everyone has a personal brand, even you. The problem is no one has exposed you to this truth.

Today I’m going to teach you how to make money with Twitter, Instagram, and other social media platforms.

Ways to Make Money on Social Media

In short, some ways to make money on social media are:

  1. By sending traffic to a website with ads (Ad revenue)
  2. Rendering services to your audience (Paid services)
  3. Subscriptions/Memberships (Gated content)
  4. Affiliate marketing (Commission on sales)
  5. + more.

Ad Revenue: Money you earn from display advertising, as seen on this website.

Paid Services: Money you earn from paid services.

Subscriptions: Money you earn from subscription services such as OnlyFans, Twitter Super Follow, Patreon, etc.

Affiliate Marketing: Commission you earn from your social media followers buying a service or product from another company or brand.

Check out these daily earnings from only 1 out of 3 income streams I’ve created with just one platform ⬇️.

  • how to make money on social media
  • how to make money on social media
  • how to make money on social media
  • how to make money on social media

For most people, an additional $200-$300 per day can go a long way.

And this is just one of a few income streams I’m going to be teaching you about next.

You too can make this amount of money per day and more, no matter your age or where you live.

Here’s How You Can Do It Too

Everyone’s personal brand is going to be unique which means the way you make money on social media is going to be different from the next person.

This is why I created a guide to help you identify and establish your personal brand from scratch.

There are 5 monumental things you’re going to learn from me today.

And one includes how to monetize your personal brand via a platform best suited for YOU.

See, social media is going to be the vehicle to promoting your product, service, knowledge, or content.

But not many tell you this.

So, if you’re ready to put in the work, freedom is for sale.

It’s yours for the taking.

You bring the hustle and persistence and I’ll give you a proven strategy to monetize your personal brand tailored specifically for YOU.

It doesn’t matter if you’re into nails, landscaping, fixing cars, cooking or baking, travel, fashion, or if you’re a stay-at-home guardian.

I’m selling a guide for $12 that’s going to walk you step-by-step on how to identify what your personal brand is and how to monetize it.

But because you’re reading this post, you can get it at a discount using code: THENEZ.

Get My Guide “Unlock Your Personal Brand” Here

Making money online based on your knowledge, skills, talents, expertise, or experiences has never been easier than it is today. If you’re ready to make money on social media right now, get my guide at a discount today.


5 Easy Ways You Can Earn Leverage Income: Start Now

Leverage Income Ideas
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, with financial support from a licensed moneylender.

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 2022

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!

Twitter | Instagram | Facebook | Patreon 🎉


How To Build a Clientele For Your New Business!

Your Clientele Is The Biggest Key To Your Business’s Success

Starting a business takes serious discipline.

There are many factors that drive the companies success.

You will discover that sales is what will keep you business thriving.

Here are some amazing steps to building a clientele from scratch.

#1 – Set Your Target Market

Who will you sell to?

It is very important to identify who will be your target market.

Are you selling directly to a middleman or are you selling directly to the consumer?

Are you selling your services or products to corporations or directly to the consumer market?

Learn to identify your target as this is the foundation to a successful clientele.

#2 – Make Contact

Make contact through the use of emails, phone, or social media

Now that you’ve established who your target market is, you’ll need to begin making contact.

This may be through social media, direct emails, or cold calls. Reach out to the target and let them know what your business is about.

Note: DO NOT get discouraged when someone says no.

They’ve done you a favor by not wasting your time. Turn the page and move on.

You will get no’s and maybes for an answer.

Here’s what to do when someone is interested!

#3 – Make Them Aware of Your Problem-Solving Skills

Stand out from your competition!

It is important not to drag the conversation solely about you or the business.

Let them know just enough about who you are and what your business is about without it being all about you.

The prospect should know how your services or products will benefit them!

Ask them a little bit more about their business, make them feel comfortable and get them engaged.

How will your business be of convenience to them? Remember, convenience sells so if you offer more than one product or service, make sure you’re vocal about these ‘solutions’.

Encourage them to see the value of your business by making them aware of your problem-solving skills.

Get a feel of the conversation, did you sell it?

Congratulations!

If you didn’t, no worries.

This takes time and take this as experience! If they ask you to follow up with them and provide them with more information this is perfect.

Put them in your data base, let’s get one step closer towards closing the sale.

#4 – Follow Up

how to get clients for your new business.
80% of Prospects Say ‘No’ four times before they say yes
Keep following up! How to get clients for your new business.

The sale is in the follow up. It is vital that you are consistently following up with your prospects.

Your first follow up should address the initial contact.

Thank them for their time and remind them why your service/product is an amazing fit for them or their business.

Don’t be discouraged if they do not respond immediately.

Often times, it will take a few follow ups before the prospect requests a quote or buys from you.

Change your strategy each time you follow up, make them remember you.

#5 – Keep Feeding The Pipeline

Feed the sales pipeline! How to get clients for my new business.
Feed the sales pipeline! How to get clients for my new business.

Continue to make contact with new consumers/businesses in your target market.

It’s better to keep your pipeline full rather than realizing you have no business because you were so locked on a few prospects that seemed interested that now you have no one to follow up with.

Avoid this mistake by consistently updating your client database and keeping track of who’s interested, who you’re in the talks with already, and who you’ve closed with.

Continuously strive for making new clients, don’t settle.

#6 – Client Retention

Keep Your Partners Happy!

Client retention is the ability to retain clients over a period of time. In order to create a successful clientele you must be able to maintain your clients from using your competitors products or services. This is the part where actions speak louder than words. You managed to sell yourself and your business, now it’s time to prove why your business is the best of the best. Client retention is fundamental to a long-term partnership with your clients and customers.

Here are 7 amazing tips that are sure to keep your customers coming back.

  • Exceed their expectations by overdelivering.
  • Present a positive attitude at all times.
  • Show initiative to want to help.
  • Be a team player!
  • Appreciate them for their business.
  • Build a solid relationship.
  • Take care of their needs so they take care of yours.

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Also read: 7 Amazing Strategies to Retain Your Best Clients


Things You Can Start Now to Earn More Money in 2023

ways to make more money in 2023.
Ways to make more money in 2023.

The year is almost over but it’s not too late, there are still things you can start now to earn more money in 2023.

In this article, I’m going to walk you through 5 different ways you can begin to set yourself up for financial success next year.

If you enjoy this article, be sure to join the newsletter below for more content like this.

Also, don’t forget to share this article on social media.

Let’s get started!

#1. Write a Financial Plan with Intention

financial planning

One of the most important things you can do right now is to begin writing a financial plan with intention.

The intention has to be there.

What are your financial goals?

What are your income goals?

Journal them and create a plan on how to make those visions become a reality.

Perhaps you’re looking forward to saving your first $1,000, your first $10,000, or want to hit your first every $100,000+ in capital.

The best way to start that journey is to write it down as a plan first.

Identify what it’s going to take, and the rest will follow through.

#2. Practice or Learn New Skills Now

If part of your plan involves earning more money for 2023 and you’ve identified that you’ll have to take on a whole new industry or develop a new set of skills, start now.

The only way we grow is by learning, and unfortunately there’s no shortcut for it.

You can learn new skills such as copywriting, public speaking, trading, graphic designing, website creation, sales, marketing, branding, etc.

Learning is painful because it’s slow and often times people put learning something new on the back burner to not start over again.

But the truth is you’re not starting all over.

You’re merely making yourself more valuable by elevating your standards.

If you want to make more money in 2023, chances are you’re going to have to do something different the new year than you did this year.

Remember, degrees don’t make you money, skills do.

#3. Solve Problems for Other People

how to make more money in 2023.
How to make more money in 2023.

This can be in the form of an actual business venture, or an educational or informational startup, such as an online business (blog, podcast, etc.).

You know this and I know this, there are people making a sh*t ton of money either online or through a traditional business model.

What these individuals are doing is they’re simply solving problems for other people in a particular community or niche industry.

Can you think of a way you can serve people in a manner that will solve a problem for them?

Whether their problem is they’re in the area and they’re hungry, or they don’t know how to dress themselves properly for a specific function, or they don’t know the basics of proper car maintenance.

There is something you know that can solve the problem for someone else whether that be physically or through an online platform.

Related: How to Start a Blog Step by Step for Beginners

#4. Start Putting Your Money to Work for You

how to put your money to work.
How to put your money to work.

If you have disposable income, the best thing you can do is to put that money to work for you.

Did you know you can buy stocks that will pay you a dividend every quarter?

These earnings then rollover and compound further growing your investment/net worth.

This of course just one example of how you can put your money to work for you in 2023.

If you have big capital at your disposal, buying a property cash could provide you with rental income while appreciating over the long-term.

#5. Create Something Original You Can Sell

how to earn more money in 2023.
How to earn more money in 2023.

One thing you can do now is create something original that you can sell.

It can be clothes, paintings, a service, a product, a book, literally anything that’s original.

You can learn how to sell on Etsy, Ebay, on Instagram Stores, or via a personalized website.

Heck, you can even sell at events or swap meets.

Your hustle is your hustle and you’re more valuable than you think.


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