Category: Online Business

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 sell on eBay, on Etsy, 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.

Related: These Money Management Tips


How To Sell Online and Earn Money?

How to make money online | Ways to earn money online.
How to make money online | Ways to earn money online.

People often look for easy ways to make extra money nowadays.

There are many ways to make money online, whether you wish to add to your monthly income or start a new career.

This guide will discuss short-term and long-term ways to use digital resources to make extra money. 

Think about what works best for you based on your time and needs.

So, let’s get started with how to sell online and earn money.

What To Sell Online To Make Money

It can take a lot of work to figure out how to sell online.

It helps you decide what to sell and how to get people to visit your store. But you’re in the right place if you want to learn how to sell online. 

And don’t worry if you think it will be too hard; we’ll walk you through the whole process step by step.

Related: Learn How to Start Your Very Own Blog Here!

Handmade products

If you like creating crafts, think about selling them.

This is beautiful since you are already doing what you love, which is what most people want to accomplish with their lives.

And since you do everything by hand, it makes them special and allows you to demand a high price. 

You may either make this a full-fledged company or continue doing it as a side job to supplement your monthly income.

Along with the additional income, this can be a terrific option for parents who remain home to earn money.

Ebooks

FrankNez Ebook
Read my eBook here!

One excellent technique to get passive money is by selling ebooks.

Additionally, there are two methods for selling ebooks online.

To start, you may register as a Kindle publisher and start selling fiction or non-fiction works. 

Making your website specifically sell your ebooks is an additional choice.

Because you can charge more for your ebooks and retain all the earnings, this option is preferred by most individuals. 

Even though it’s a simple method to earn money, writing the ebook is often the most difficult aspect.

Yes, a minor expenditure will be needed, but it will only be necessary once.

There are no more fees after that, and that one ebook will continue to generate income while you sleep.

Become a personal trainer

If you know about fitness, you may work as a personal trainer.

People are prepared to pay extra for them even if a personal trainer is only there to keep them focused on their goals.

You may be able to help yourself out financially while also helping other people.

Diversifying into nutrition is also feasible, assisting them with meal preparation and other associated issues.

You may attempt to attract customers to the gym in your area, but depending on where you live, you might need to be certified.

Do research projects

People make money online by doing research for companies on platforms that are available online.

The research projects involve:

  • Recommending products or services.
  • Figuring out how they stack up against the competition.
  • Spotting trends.
  • Collecting data.
  • Doing market research.

To join, you fill out an application, and then they give you a quiz and a test project. If you pass, you can review project requests and get paid to do research.

Strat a e-commerce site

Every time someone buys anything from your online business, you get paid for the transaction.

Your earnings, which you may either take home or reinvest in your firm, are left over after paying your suppliers, carriers, and other costs like marketing and taxes. 

The time it takes to generate money with e-commerce relies on various variables, including the trending development of your niche, the intensity and scope of the competition in the market, and the time and resources you devote to starting the firm.

You have your manufacturers, inventories, storage facilities, carrier networks, and logistics system set up.

Additionally, you need to set up online payment acceptance in your e-commerce store because it will make it easy for your customers.

You also have an online shop to showcase and sell your items.

Marketing your brand is the next stage.

These essential marketing avenues comprise the foundations of launching a prosperous online store and creating an enduring brand.

Conduct a webinar

Despite their intimidating sound, webinars are one of the most effective and quickest ways to generate income from an online business.

You are addressing an audience that is very interested in what you have to say. 

You can make a significant amount of money quickly if you market both yourself and the offer correctly.

No matter your choice, your success will be based on how well you sell your product.

It takes some practice, but in its purest form, this is instant income. 

You could also host your very own webinar, or you could continue to share your knowledge by uploading videos to your very own YouTube channel.

Dropshipping

Ways to make money online | How to make money online?
Ways to make money online | How to make money online?

Dropshipping works in its basic form: a merchant advertises and sells products online, and a manufacturer gets the products and sends them to the customers.

The merchant gets their share of the sale after paying the manufacturer for making and delivering the item.

You can find items to sell and the manufacturers who make them on platforms. 

When it comes to how much money you can make dropshipping, the horizon is the limit.

After you get considerable revenue, it is worth investing in today’s market.

However, keep in mind that because there is such a low barrier to entry, this is a very competitive market.

Your sales margins are very small because this business model has such high costs.

Become a virtual assistant

Many businesses need people to work part-time to help them with administrative tasks.

Since you can do these tasks online, it’s a great way for individuals with limited time who want to work more from home to do so. 

To do well at these side jobs, you need to be good with your time, organized and pay close attention to the details.

They may ask you to show that you have experience with Excel or scheduling software, but depending on the industry, these jobs are usually good for people with little or no work experience.

Do online micro-jobs.

You can look for micro-jobs if you want to find effortless methods to make money online on the side.

For instance, you could do something like transcribe.

You’ll have a certain amount of time to transcribe certain audio or video files. 

Most of the time, you’ll make more money the faster you type.

You can do other relevant micro jobs besides transcribing.

The first one is for native speakers of the language or professionals with the right licenses.

The second one is for people who are attentive to detail and have good organizational skills.

Private labels products

Imagine having a unique product to market, which also plays a significant role in your business.

Or perhaps a variety of goods, all marketed under your name.

These products allow you to keep all the revenue.

That is private labeling’s attractiveness.

You look into a potential selling point. 

Get the product manufactured by a national or multinational company. Add your company’s name to it.

Then sell it online using your site or well-known auction sites. 

Making outrageous amounts of money is possible.

The only drawback is that having your things created will require little money.

Conclusion

Select the most convenient choice for you if you need help deciding.

Based on your abilities and experience, you’ll be able to choose.

It is optional to be your favorite.

Too many attempts to make money by selling things without the necessary experience or expertise, but they need to do better. 

Remember, if you change your mind once you gain more knowledge or money, you can always return to your original decision.

Especially always responsible for maintaining the financial management within you.

Speaking of experience, others would love to discover what, where, and how to sell online.

And this article might be the practical tool they require to get going.


6 Tips on How to Grow a Small Business

How to grow a small business
Small Business Tips: How to grow your small business.

Published by FrankNez Team.

Building a small business means working round the clock. No real vacations, no time offs, and no dumping the responsibility over someone else’s shoulder.

We’re not sure why you chose the grind.

But now that you have, we’d like to congratulate you.

You’ve made a bold move because only 5% of the world’s population chooses entrepreneurship.

It’s surely a tough journey.

But if you do it right, it’s just as rewarding.

In this post, we will cover 6 tips that can help ease your early days and help you lay a strong, unshakeable foundation to grow your business successfully.

1. Know that you’re running a small business, not a one-person business

how to grow a small business
How to grow a small business

Speaking of 2022, one of the most common mistakes people make when they begin a small business is that they assume they have to do it all on their own.

They do so with the intent of saving more and having complete control.

That’s a destructive approach unless you’re running a one-person business.

Recommended read: Self-Employed VS Small Business: Why the Difference Matters?

Finances, marketing, product management, customer service, and resource management are all different and demanding domains.

If you hold yourself responsible for everything, there’s a high chance you’re going to mess things up and burn yourself out.

Consequently, you may lose your existing customers, waste investments, and lose health.

Your business will suffer instead of growing. 

So, one of the first things you should do when trying to grow a small business is to accept that you need help and build a team to help with your business goals.

2. Know your financial options

For a small business to grow, it needs funds.

Many entrepreneurs choose to go the debt route by taking out loans or using credit cards.

While this is a viable option, it’s not the only one and definitely not the smartest in the long term.

Small business growth hacking is all about minimizing risks.

So, instead of taking on additional debt, consider these financial options:

  • Crowdfunding: This is a great option if you have a solid product/service and an audience that’s willing to invest in your business.
  • Family and friends: You can always approach your loved ones for financial help. Just make sure you have a proper structure in place and treat it like a business deal by creating contracts, specifying interest rates (if any), and having a clear repayment plan.
  • Grants: Check with the government or other organizations for business grants that you may be eligible for. 

You can follow this link to learn more about financing a new growing business.

3. Aim for a small, dedicated, and resourceful team

If you’ve been smart enough to realize the need for teamwork in growing your business, there’s another common mistake you need to look out for — building a big team.

And we mean that both in terms of quality and quantity.

You don’t need to hire big names (i.e., the best professionals in the industry), and you don’t need to hire a lot of people.

Instead, consider hiring only a handful of energized people. Prioritize soft skills, field knowledge, and professionalism over field experience.

If they’re good at learning and have a dedicated drive to work, they can help you make your business a success.

Remember, you can teach technical skills, but you cannot teach soft skills. If the person is skilled at what they do but not dedicated to work, they can only keep your business running.

They’ll never help you grow it because they won’t be interested in going the extra mile. So, look for people with the right drive.

Also, initially, it’s a good idea to hire someone who can take care of 2-3 roles instead of one. The smaller your team, the better you’ll be able to communicate and innovate.

4. Build a strong online presence

how to grow a small business with social media
How to help a small business grow.

Digital presence is a great opportunity for any business in the 21st century.

Even if your target audience lives in your vicinity, it’s essential to establish a website and maintain active social media pages. 

Why? Because: 

  • It builds credibility and helps you become an authority in the industry
  • It eases customer experience as they can approach you without leaving their home
  • It serves as a gateway to potential partnerships and investments

And the best part?

It’s much cheaper than physical advertisements.

You can begin marketing your business on Twitter, Instagram, Facebook, and YouTube simply by creating and sharing relevant content for your target audience without any substantial investment.

You can also try to create video content as it has taken over the internet. In a variety of settings, videos may captivate and involve your target audience.

There are options to create interesting short reels and upload full-length videos on well-known social media platforms.

Using any online video editing software, you may create and edit persuasive and appealing videos for your audience and attract the right kind of consumer attention.

Here are some easy marketing hacks to help kick-start your small business’s online growth.

5. Build a blog

how to help a small business grow
How to help a small business grow.

Blogs are also a part of your online presence. But if we were to recommend one aspect of digital marketing that can boost your small business’s growth by leaps and bounds, it would be blogging.

How so? Well, blogs help you build customer relationships and generate leads.

Basically, people read blogs to learn something new. When you share bits of your business and educate them about subjects relevant to your product/service, it helps them trust you and regard you as an authority.

It also helps them view you as an approachable and customer-friendly entity when they interact via comments or emails. 

Plus, if you link your blog with an analytics tool, you can monitor the traffic and get some very useful data to generate leads. You can further narrow down your target audience or market your service/product to them via email marketing.

Now, blogging need not be on websites only. You can maintain a blog wherever you’re likely to find the majority of your audience. If you target other business owners or CEOs, it’s a good idea to maintain a blog on LinkedIn.

Bluehostnow starting at $2.95/mo.

Plus, this approach is highly resource effective. It takes only about 30 minutes to share something valuable with your target audience (no need to go fancy, use free tools like Canva to design graphics and pair them with value-adding content). 

If you’re blogging on a social channel like LinkedIn, you will have minimal platform costs. And if you have a website, you’ll only have to pay around $20 – $60 monthly.

Related: Blog Like a Champ in 2022: Easy Beginners Guide 

6. Keep a close eye on competitors

Small business owners often make the mistake of assuming it’s too early to compete.

But once you’ve entered a market, you’re already in the competition. 

Do not hold yourself back by either thinking too less or too much of yourself.

You’re in the field and are just as equal.

So, make sure to regularly conduct competitor analysis and learn from their flaws and strengths.

A key tip to boost your growth by 10x is to look for that one complaint that your competitor receives frequently and fails to address. 

Good luck!

Follow FrankNez On: Twitter | Facebook | LinkedIn


How To Start an Online Business and Succeed

how to online business start

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

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

But it’s not too late!

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

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

franknez.com

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

Lets get started!

A little bit of background before I break this down.

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

One of them is a hybrid model.

With this business I sell a service and product remotely.

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

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

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

Key Points and Questions

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

why are online businesses popular nowadays

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

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

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

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

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

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

Travel While You Work

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

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

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

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

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

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

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

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

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

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

That’s when I first discovered this freedom.

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

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

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

More on that later!

Scalability Skyrockets Your Income

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

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

Online businesses can all be scaled very differently.

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

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

An online business is still a very real business.

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

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

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

Here’s how you start.

How Do You Start an Online Business?

how do you start an online business

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

These questions usually leave beginners a little mind boggled.

How exactly do you turn nothing into something?

The answer is actually quite simple.

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

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

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

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

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

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

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

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

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

  • Blogging
  • Providing online services and consultation
  • Reviewing products

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

  • Selling a product
  • Entertaining
  • Visually informing or training

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

How does an online business work?

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

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

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

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

What Online Business should I start?

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

Ask yourself:

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

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

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

Online Business ideas for beginners

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

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

Blogging

blogging

This is a writer lovers paradise.

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

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

Entrepreneurs are blogging about really just everything!

Here are some blogging topic ideas:

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

How Do Bloggers Earn Money?

Bloggers earn money through a number of ways.

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

he second way bloggers earn money is through affiliate programs.

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

Bloggers may even sell their own products or services online.

How Much Money Do Bloggers Make?

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

My website currently earns 5-figures per month.

Scaling your audience is key to scaling your online business.

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

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

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

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

Online Services and Consultation

online business services

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

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

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

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

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

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

Examples of online services

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

Services you could provide may include:

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

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

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

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

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

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

E-Commerce Store

ecommerce store

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

There are two type of products you can sell online.

  1. Physical products
  2. Digital products

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

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

Physical Products

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

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

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

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

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

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

Digital Products

Digital products on the other hand are a lot different.

You’re not selling hard copy of anything here.

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

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

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

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

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

Reaching The $10K Mark: How Perseverance Overrides Adversity

Reaching The $10K Mark - Sales

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

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

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

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

The moral of this story is how perseverance overrides adversity.

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

My goal is to inspire you to keep going.


Become a YouTuber

Become a youtuber online business ideas
Online Business Ideas – YouTube

Lights, camera, money!

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

YouTubers for the most part entertain no matter the niche.

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

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

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

How Do YouTubers Earn Money?

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

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

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

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

This is what’s known as leveraged income.

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

How Can I Incorporate YouTube With My Niche?

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

People love this type of content.

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

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

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

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

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

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

How to scale an Online Business?

So how exactly do you scale an online business?

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

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

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

#1. Produce quality content

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

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

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

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

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

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

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

#2. Search Engine Optimization (SEO)

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

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

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

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

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

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

Meta description, titles, subheadings

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

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

#3. Social media marketing

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

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

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

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

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

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

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

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

Also read: Innovative Ideas for Marketing

#4. Be consistent

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

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

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

It takes time and effort.

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

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

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

#5. Brand your online business

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

Branding your business is more than just a logo.

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

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

Did you know that you can evoke emotion through colors?

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

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

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

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

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

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

What makes an online business successful?

what makes an online business successful

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

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

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

I see this as successful.

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

I’d say that’s tremendous success.

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

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

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

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

Work hard now rest later!

Can an Online Business Make You Rich?

can an online business make you rich

I think you know the answer to that.

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

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

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

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

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

Everyone is fighting for attention one way or another.

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

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

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

Why Do Online Businesses Fail?

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

It’s really that straight forward.

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

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

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

An online business is not worth failing over.

The upside is too valuable.

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

Online Business Courses

Should you attend them?

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

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

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

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

They’re a business themselves.

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

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

Online Business School

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

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

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

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

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

Online Business Management Degree

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

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

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

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

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

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

Learn the ropes and start with data entry.

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

Start there and see how much further that takes you.

Start Your Online Business Today

Franknez.com

Stop procrastinating.

You got this!

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

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

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

Borrow my strength to start.

I believe in you.

References

Connect with me on social media!

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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.

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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How To Make Money Online: Top 13 LEGIT Ways

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

Published by FrankNez Team

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

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

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

Let’s begin!

1. Start a Blog

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

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

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

2. Become an Online Tutor

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

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

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

3. Become a Virtual Assistant

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

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

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

4. Take Online Surveys

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

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

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

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

5. Become a Freelance Writer

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

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

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

6. Sell Handmade Crafts Online

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

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

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

7. Start a YouTube Channel

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

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

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

8. Become a Data Entry Worker

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

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

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

9. Sell Unnecessary Items on eBay

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

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

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

10. Provide Customer Service

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

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

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

11. Manage Social Media Accounts

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

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

12. Become a Translator

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

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

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

13. Become a Transcriber

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

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

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

Bring in a Steady Stream of Income!

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

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

Twitter | Facebook | LinkedIn

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


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.

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

Twitter | Facebook | Instagram | LinkedIn | YouTube | Patreon


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

How To Promote Your Brand

If you’re coming straight from LinkedIn, welcome! After competing in the marketplace for 5 and a half years, I decided it was time to leave the family business and work on my personal brand.

When the stars began aligning, I knew I had to develop my brand full time. I took Franknez.com from earning 8,400 views its first year in 2020, to 1.8 million views (and counting) as of today.

How To Brand Your Business

Here are the top 10 strategies I personally use to promote my brand!

#1. Create Content Pertaining To Your Niche

When I create a piece of content, I create it for a specific community in a particular niche.

If you’re reading this, you are more than likely interested in marketing and branding. Marketing and branding allows us to get our product, service, or brand in front of the right audience.

Avoid publishing content that isn’t going to serve a specific group of people with the same interests as yours.

#2. Use Your Logo Everywhere!

promote brand on instagram

If you’re publishing a video, blog article, or image online, be sure to brand it with your logo.

By implementing a logo design, you’re raising brand recognition and awareness.

This strategy is going to help you stand out from the rest of the crowd offering similar services, products, and content.

I was putting my website and tagline on every Instagram photo I published before I even had my logo. This told my audience I was a brand and not just a general account.

Here are other areas where you can use your logo:

  1. At the bottom of an email signature
  2. Watermark your YouTube content
  3. Every page on your website
  4. In your profile picture
  5. Social media banners

Is it overkill to promote your content? Ask Gary Vee or Grant Cardone and they’ll say absolutely not. And I agree. Leave me a comment below if you follow these two marketing masters.

#3. Publish Content Daily

If you’re not publishing content daily then you’re not being seen. This is one of those things that seem like in some areas could be a waste of time. But the fact is that these small steps actually compound over time.

Every piece of content you publish for your audience, existing customers, or prospects, is an opportunity to provide value at scale.

Your brand needs to be promoted daily through the use of some sort of content. This could be in video, blog, or social media.

The compounding effects of publishing content daily is what took my blog from 8,400 views to 1.8 million views its second year.

This strategy is considered to be taking ‘massive action’. So if you’re not taking massive action, and you know you need to, publish content daily.

#4. Take Advantage of Social Media

Social media allows us to connect with people we’ve never met before and make an impact in their lives.

This impact should always be for positive change.

Once you shift your mindset to this golden rule, you will be able to curate your social media content to help others no matter which platform you choose.

Once you’re creating social media content to provide value to your existing customers, prospects, or audience, be sure to take advantage of every tool.

One tool I love using throughout social media is the ‘story’ tool. This story tool is highlighted when you post a new story, letting your audience know:

  1. You’ve published new content
  2. You have something important to share
  3. You’re actually active
franknez instagram branding

This goes back to publishing content daily. Even if you don’t put out a new post, keep your story rings lit for newcomers visiting your social media accounts for the first time.

Promote Your Brand Everywhere

Use more than one social media platform to promote your brand. Even if engagement isn’t as high on some platforms, use them to your advantage.

Your website will be ranked higher on Google’s search engine if it sees your links are being found all over the biggest social media platforms.

I found that although my engagement is different on Facebook, Twitter, and IG, there are always people engaging with my content.

My advice is to curate content differently for each platform since each user prefers a unique type of content experience.

#5. Use Relevant Hashtags To Promote Your Brand

Hashtags are basically portals from which your content can be discovered on social media feeds. If you content receives a lot of engagement, then the platform’s algorithm will push it to a larger audience.

Use relevant hashtags when promoting your brand to ensure the right audience has a chance to discover you.

Certain niche topics will have higher engagement than others depending on which platform you decide to use. This is mainly due to popularity and where your niche audience hangs out the most.

For instance, you might have a larger group of #contentmarketing audience on Twitter than you do on Facebook. The same could be said about another niche topic, such as travel. #Travel could have a significantly larger audience on Instagram than on Twitter.

Engage With The Hashtag

Engage with accounts using the same hashtags as you. Like their content, comment, and share it if you love it. This will expose them to you.

This is one of those small steps that also feels like a waste of time in the beginning but ends up compounding over time. Before you know it, your brand will be growing in months time so as long as you’re consistent.

#6. Create A Newsletter

When I first started building my brand I would see this tip often. I didn’t think it was very important starting out since my audience was so small at the time.

However, it is never too early or too late to set up a mailing subscriber tool for your business or brand.

I use OptinMonster to connect with my readers via email.

promote brand with newsletter

This tool has allowed me to connect with over 5,000 readers via email. You can integrate OptinMonster on your website to provide all types of information, discounts, or announcements to your potential or existing customers!

I use my newsletter to let my readers know when I’ve published a new article or announce a giveaway.

I never understood just how important this tool would be for both my brand and my audience.

#7. Be Engaged With Your Community

If you have not found a community to provide value to yet, don’t worry. At least now you know this is something you have to be on the search for.

I found that when I engage with my community, my brand awareness spikes. And that’s because your brand isn’t your logo, it’s you.

Everything you do within your community is setting your brand apart from everyone else. Communities are also a great way to network with people who can share your product, service, or content with other people.

Your community is where word of mouth happens. And we all know that word of mouth can reach a significant amount of people, especially when done online.

Communities have been part of my branding success. Of course, you have to get all the other strategies down first. Otherwise, the community will stumble into a social media account or website with little to no content and be turned off immediately.

This is why it’s so important, at least for me, to ritually process each of these strategies to grow my brand. But I’m confident that if you follow these proven strategies too, your brand will begin to takeoff.

Where Can I Find A Niche Community?

Niche communities can be found just about everywhere online. There are communities within Facebook Groups, Quora, Reddit, Twitter, Instagram, YouTube, and other online forums.

My advice is to identify where your community hangs out the most and introduce yourself there.

Provide them with solutions; being your product, service, or content. If what you have to offer improves their lives, then they will follow what your brand has to offer.

8. Prioritize Quality

My brand was nothing like what it is today when I first started. A few aspects of it was because my brand is me, except it was an amateur me.

Consistency forced me to get better at writing and creating content as a whole. But when I realized that quality in content creation is king, that’s when I decided to step up my creativity and content marketing game.

I switched from the free Canva tool to Canva Premium. It’s small reinvestments like these that allowed me to take my brand to the next level.

The paid version of Canva allowed me to publish much higher quality content on Instagram, it allowed me to create amazing banners for all my social media accounts, and it’s helped me establish an awesome first-impression.

I didn’t begin to see exponential growth immediately. That’s because when you begin to prioritize quality content, it’s almost like starting from scratch.

It should be unrecognizable from your older material, whether it be your website, social media content, service or product.

This means you must now be patient for that compound effect to begin taking place. When you produce high quality content at consistent levels, your brand will be spread organically by your audience.

In Summary

Quality promotes your brand. Consistency promotes your brand. Being engaged with a community promotes your brand. And connecting with your audience via your content, emails, and social media elevates your brand awareness.

#9. It’s Okay To Use A Personal Account

If you’re promoting strictly from your brand page and not from your personal account then you’re missing out!

I use my personal account to share my publications on Facebook, and even post my brand’s content on my personal stories.

I promote my brand on my personal accounts to show people what I’m up to and what I’m creating. If they’re curious about what it is exactly that I’m sharing, they’ll have direct access to that content and what my brand has to offer.

One way you can elevate your brand awareness is by sparking curiosity in your own personal circles.

What this does is it leaves an open door for curiosity.

10. Be Genuine

How To Promote Your Brand

And lastly, one of the most powerful ways to promote your brand is to be genuine. As cliché as this sounds, your personality has the power to draw masses of people in.

Being genuine established an awesome connection with my stock investing community. I’ve made friends and allies in this niche group of over 4 million people, and am seen as a community leader by many.

If you really care about your audience, customers, and prospects, believe me when I say they’ll know. That’s because they’ll care about you back.

Remember, you are your brand. So show people who you are and why there’s no other brand like yours.

Leave me a comment if you found this article helpful. I’d love to hear back from you. And if you have any questions, leave them below too.

Twitter | Facebook | Instagram | You can support the blog on Patreon


How Much Money I Earn As A Full-Time Finance Blogger

How much money do blogger make
How much money do bloggers make?

Keyword, earn, not ‘make’. Blogging has been quite a journey. Maybe some of you remember, Franknez.com went live on the 1st of January, 2020. I’ll never forget my younger brother’s initial thoughts, “I never expected you to become a blogger”. Yeah, well neither did I.

I was working full-time for my parents business and had a rather secure and stable income. I was privileged to have a base salary and on top of that earn a commission for every sale I made.

By the time I left the company, I had built a 6-figure clientele over a span of 5 and half years. I went from earning $32k per year to $55k per year within that timeframe. And that’s when I said I NEED OUT.

There was just so much more I could give. I am beyond grateful for the opportunity and believe me I took as much of it as I could. I learned so much from project management and sales. So, how much am I earning now as a blogger?

Welcome to Franknez.com – today’s topic will be blogging and money. I will discuss a little bit about my blogging journey and how I was able to make it work full-time.

Lets get started.

No One Starts At The Top

Seriously – check out my LinkedIn experience history. I graduated high school and got into debt like most of you just to receive an associates degree in Business Administration.

If I knew then what I know now, I would have never gone to college because unless you want to become a niche specialist, it’s a debt trap. My fiancĂ© went into the Medical Assistant Program, trained extensively in Los Angeles after graduating and become one of the youngest and most successful RMA’s of our time. She’s worked with an incredible amount of specialists, cared for ‘patients’ at a women’s prison, and became the lead MA instructor for a private college.

Enough boasting but you get my point. In this scenario it makes sense to get a degree.

In my case, I didn’t need a degree to work for the family business. Although my father did require it of me if I wanted to learn the ropes (know when to not take advice from family). Nor did I need it for my first two failed startups, or my current businesses.

After I graduated high school I worked as a machine operator for my parents business earning $9/hr. During college I worked for a bottle producing company which was the most labor intense thing I’ve ever done. Once I graduated college I worked as an accounting clerk for the family business. The rest you can find in my eBook “Reaching The $10K Mark: How Perseverance Overrides Adversity“, where I talk about the start of my sales journey leading up to the end of the family business chapter.

My point is, I didn’t get where I am today without taking the steps first. It was my ambition and hunger for more that ultimately started reshaping my mindset towards newer successes. All mine, from scratch. If you’re finding yourself in a position where you want to try something new, just remember this; you’re not starting from zero but rather from experience.

Why Did I Start A Blog ?

Before I get to the money part, I want to explain why I started blogging in the first place. Financial literacy had become a very important part of my life prior to starting my blog and I’ve always loved writing.

For me to attain the financial goals I was setting for myself and my family, I had to understand the basics of financial literacy to make it happen.

Once I learned how easy it was to invest in the stock market I felt like I had a secret I just needed to share. My finance professors in college didn’t teach us this so I wanted to provide this information to the public.

I learned that I had an ability to take in information and present it in a way that my readers found it easy to digest. On top of that, I knew that a blog could provide me with passive income while I continued to grow in my intrapreneurial (then) and entrepreneurial journey.

Monetizing My Blog

There are many ways to earn money from a blog – there’s affiliate marketing, paid sponsors, advertising, online services, and even the selling of a product.

I knew I could blog for the rest of my life after publishing my very first blog post. I enjoyed it and wanted to help people improve their lives financially.

If I could monetize my blog with ads then I would have figured out a way to earn passive income! I monetized Franknez.com with ads from Google AdSense around the last week of January, about 3 and half weeks after going live.

What most people don’t know is that my blog was rejected 6 times. “You don’t have enough content, you don’t have an audience, YOUR BLOG HAS NO VALUE”. Every time my blog was rejected, I rushed to figure out the issue and make the changes immediately. That’s how dedicated I was to monetizing my knowledge online.

I wanted ads to be one of the primary ways the blog earned money because it meant the more the website scaled, the more it earned.

2020 Earnings Report

After working every day, January 1st – December 31st for 5 hours after work, I earned over 8K blog hits. How much money did this earn me? It earned me $29.37.

No, really. Here’s the proof.

I probably earned an additional $5 from an affiliate program. So why would I keep going if that’s all I earned after a year of blogging? Most people would have been discouraged and quit blogging for good. And that’s what most bloggers do.

I didn’t stop because:

  1. I love writing, &
  2. My conviction was strong

I knew that for me to succeed it would require me to learn and learn, and learn. Though we were in a lockdown at the time, I wasn’t part of the create a tik-tok video or binge Netflix crew.

I was putting in the work and learning as much as I could so that I could change my worldview. Everyone has a why, a reason for doing the things they do. My why is so important to me, that nothing will ever stop me from attaining what I desire.

This is why I didn’t quit blogging. In fact, I started blogging full-time by May of 2021 when a community of growing new retail investors had discovered me earlier this year. Prior to leaving Google AdSense, I earned $2,327.98 up to around May.

Blogging Today

What happened next changed my world. Not just mine, but my family’s too. Franknez.com signed to Mediavine Finance, this partnership would pay big buck for displaying high quality advertisement on my blog.

The requirements? Your blog had to be receiving more than 50,000 visitors per month to be eligible. The community that discovered me put me on the radar and the rest is history.

Franknez.com has provided value to a little over 1.4 million people as of the date of this publication. If you’ve read my homepage you’ll know my mission has been to provide millions of readers with immense value through my platform.

The amount of work and trial and error, the setbacks and pushback has been immense as well. This journey has not been easy and I am still learning to-date. Scaling this online business has been a massive challenge and I’m excited for what my readers have in store.

How Much Money Is My Blog Earning Right Now?

Earnings highly depend on a few things. The season is one of them because advertisers tend to spend more on advertising during certain seasons and less during others.

The second is on the type of content I produce. Content like the one I’m writing about now doesn’t have as high return as my personal finance articles do. At least to advertisers they don’t.

Blog posts where I get to talk to my readers like this one tend to be my personal favorite though. It’s easy to speak from within. The year is not over so I can’t reveal how much I’ve made since I’ve signed with Mediavine.

However, I can show you how much Franknez.com made during one of my busiest traffic months back in June. My blog provided value to over 500K visitors and earned a whopping $18,239.43 in revenue that month alone.

Mediavine Payout

Get your brand marketing right, your community right, your content right, and you too can make this happen. I don’t know how many of you reading this article also want to blog but I wrote an article on how you can start your very own blog (step by step) and also provide you with blogging ideas that may fit your worldview.

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

Can Anyone Blog?

I’m not publishing this article to brag, far from it. I’m publishing this article because maybe it can help someone create something that can change their lives and the lives of others.

I tell my brothers, I tell my father, my fiancĂ© – anyone can blog. One of my brother is a Pharm Tech and plays video games when he’s not working. He built an amazing gaming setup. He can easily blog about that niche in the video game world and provide value to the right community. Possibly even leave his career if he scales it!

My father’s business can easily be monetized with a blog. It’s a niche industry so he could easily write and break down everything there is to know about the business. He could help small businesses understand the ropes and earn passive income from it.

How Does This Apply To You?

Say you’re a single mom who loves to work out. You can blog about your lifestyle and schedule around your interest/hobby. With proper branding and a niche target audience, your articles will be seen.

Maybe you work with a spouse. You can write about the challenges, pros and cons, and perhaps even advice to other people with the same lifestyle.

Are you an Uber driver or a Dasher? Create a blog about your experiences, people would love to know strange encounters, weird people, and things of that nature. People are curious about how much these freelancers earn as well. You can get deep about your lifestyle and how it correlates with this industry.

There’s no shortage of people who can read your blog, and there’s no limitation to the amount of money you can earn from blogging.

If there’s anything you should take from this article it’s that anything is possible when you set your intentions and put in the work. Maybe you don’t want to start a blog but are intrigued with the idea of starting an online business.

I published an article on trending online business ideas and different business models that might be for you. You can read the article here.

But before you go

Franknez.com

You must know that Franknez.com never tries to sell you anything. This online business does not sell you a product or service. The value I provide is absolutely FREE. It only costs you your time and for that I want to say thank you.

If you found value in this post or learned something new or even received an idea from it, be sure to share the knowledge too. Give this publication a social share so others may gain the same value you’ve gained.

You can follow me on Instagram | Facebook | Twitter

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


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