Category: Entrepreneurship (Page 2 of 3)

Gary Vee’s ‘VeeFriends’ Partners Up With Toys”R”Us

VeeFriends Toys R Us
NFT News Today: VeeFriends partners with Macy’s and Toys”R”Us.

Gary Vaynerchuk’s ‘VeeFriends’ is partnering up with Toys”R”Us and Macy’s for the new launch of limited edition plush collectible characters.

The collection is converting actual digital ‘VeeFriends’ NFTs to physical plush figures.

Each collectible will have a QR code that will lead the owner to a 3D animation short film or character song.

For those who are unfamiliar, ‘VeeFriends’ is serial entrepreneur and social media expert Gary Vaynerchuk’s NFT project.

Gary Vee is known for his down to earth yet incredibly strong diction and powerful presence on stage as a mentor, coach, and motivational speaker.

He’s huge in the NFT and entrepreneurial world now bringing life to his hand drawn NFT characters.

Let’s dive into the latest NFT and business news today.

Macy’s and Toys”R”Us Resurrection

Toys R Us at Macy's

There’s no denying that ‘VeeFriends’ is going to be bringing a lot to the table for both Macy’s and Toys”R”Us.

Gary’s plush figures are being sold exclusively at these two retail stores which means the supply will only be limited to these two brands.

Toys”R”Us ceased operations in 2018 but was resurrected in 2022 when Macy’s announced the opening of Toys”R”Us stores at its retail locations in 9 states.

An additional 19 states are set to open before the holiday 2022 shopping season.

Macy’s has had its fair share of troubles too, coming close to bankruptcy at least three times in the past decade.

But the company has made a comeback and is currently profitable.

As of September 30, 2022, Macy’s Inc had a $4.3 billion market capitalization, putting it in the 82nd percentile of companies in the Retailers – Department Stores industry.

Currently, Macy’s Inc’s price-earnings ratio is 3.0. Macy’s Inc’s trailing 12-month revenue is $25.9 billion with a 6.0% profit margin.

And with limited edition ‘VeeFriends’ plush figures now entering the retail chains, one can be sure to expect a successful project.

Learn More About VeeFriends Collectibles

For more information on VeeFriends collectibles, visit the official VeeFriends page here.

Here are some words from Founder and CEO of VeeFriends, Gary Vaynerchuk:

“This partnership means way more to me than you could ever imagine. The thought that VeeFriends will be in Macy’s and Toys “R” Us simultaneously is incredible. I fondly remember growing up in Edison, New Jersey, walking down these stores’ aisles as a kid. We chose characters that we think embody exciting features for first-time collectors, much like some of the toys I picked up on the shelves of Toys “R” Us the first time. I can’t wait to see them in-store and on the shelves — it’s a full circle moment for me and a very big step for the company.”

You Can Follow Me On: Twitter | Facebook | Instagram


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

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

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

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

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

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

franknez.com

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

Let’s get started!

My First 6-Figures Story (Family Business)

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

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

Earning my first 6-figures were the hardest.

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Again, I go more into detail in my eBook.

But it was hard.

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

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

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

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

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

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

The Second Way I Earned 6-Figures Was with Stocks

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

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

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

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

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

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

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

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

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

Why Invest in Stocks?

why invest in stocks

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

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

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

So naturally stocks came to mind.

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

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

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

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

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

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

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

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

Bookmark: How to invest in the stock market for beginners

I’ve Earned 6-Figures Blogging

how to earn 6 figures blogging

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

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

There’s content on my blog for:

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

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

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

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

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

Reach For More!

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

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

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

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

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

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

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

The Secrets to Earning 6-Figures Per Year

secrets to earning 6 figures per year

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

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

That’s it, that’s all it takes.

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

Here are some examples:

Family Business

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

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

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

Stock Investing

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

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

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

Blogging

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

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

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

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

Summary

franknez.com

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

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

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

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

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

franknez.com

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

Twitter | Facebook | Instagram | LinkedIn | YouTube | Patreon


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?

franknez.com

Consider subscribing to the blog for more articles like this one.

Be sure to check out the ‘Entrepreneurship‘ tab before you leave.

You can connect with me on social media below.

Twitter | Facebook | Instagram | LinkedIn | YouTube

You can view my latest stock 📊 and crypto 💰 purchases on Patreon


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.

Twitter | Facebook | Instagram | YouTube

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


« Older posts Newer posts »

© 2024 Franknez.com

Theme by Anders NorenUp ↑