Tag: How To Make Money Online

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. 

Hereโ€™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 peopleโ€™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.

franknez.com

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

Twitter | Facebook | Instagram | LinkedIn | YouTube | Patreon


Side Hustles From Home That Make a Ton of Money

Side hustles from home that make a ton of money

Whether you’ve lost your job or simply want to work for yourself, many people are making money online no matter where they are in the world. They’re either working at home or traveling the world and making money at the same time. Or you’re probably just a workaholic and need to stay busy.

Most of you can say goodbye to your 9-5, for good. Here are some incredible side hustles from home that make a ton of money.

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!

One thing earning money from home provides for you is the freedom. The freedom of time and the financial freedom you and your family deserve.

It brings me great pleasure to provide you with some side hustle ideas that can change your life. It did for me and it can for you too.

#1. Earn money from home with YouTube

YouTube is an amazing platform from which you can begin to make money from home. Though it won’t be an instant way to earn money it will certainly be worth it once you’ve monetized your YouTube channel.

This is a non-linear way of earning money from home meaning you don’t have to put in the work multiple times to earn money. This type of leverage income allows you to create something once and earn money from home multiple times over.

Earn money from home with YouTube

The cool thing about YouTube is that you can make videos on just about anything and work towards creating a source of passive income when you’ve grown your channel.

Once your YouTube channel has been monetized, your videos will earn you money from ads no matter where you are in the world.

This means a video you created months back can earn you money every day, of every month, of every year! As long as the topic is relevant in some way, shape or form, your content will always be viewed.

How much money can I make from home with YouTube?

YouTube has no ceiling. You can make infinite money with YouTube as long as your videos generate views.

Once you’ve monetized your YouTube channel you’ll want to keep producing content to further scale your channel.

Make money from home with YouTube

I created a YouTube channel because I know I want to provide further value to my readers there eventually. I want you to see me and I want us to have that personal and visual connection.

As of April 2021, I published my first video for an investing community I’m involved in. I thanked them for supporting the blog and sharing my posts within the community. It meant so much that I just had to express my gratitude.

I have a ton of ideas written down of what I’m going to accomplish with this channel. If you want to see this journey come to fruition then subscribe to the channel here. You won’t regret it.

How do you monetize a YouTube channel?

In order to monetize a YouTube channel you’re required to have at least 1,000 subscribers and 4,000 hours of total watch time within 12 months.

While this may seem like a lot of work, the freedom that comes with it is certainly worth it.

If you have a YouTube channel you’re trying to grow leave it in the comment section below so I can subscribe and show some support!

#2. Create a blog using Bluehost

Another great way to make money from home is to create a blog using Bluehost. Blogging is such a carefree side hustle. I enjoy every moment of it and don’t see myself ever stopping.

This is why blogging is now my 24/7 full-time job.

That’s right. Blogging has allowed me to quit my 9-5 and work from anywhere I choose. Sometimes it’s surreal.

I strongly believe everyone should start a blog. Why? Because you have some sort of knowledge or expertise others don’t. This means you can provide valuable insight and information by publishing blog posts on the internet that others can find extremely helpful.

Earn money from home by blogging

People are blogging just about any niche and topic. Whatever you decide you want to talk about, there’s a community, Facebook group, and overall people who want to digest that content.

You’ll need to figure out what people in your niche topic are asking for. Bloggers write the solutions to peoples whereabouts regarding a specific topic in mind.

If you need help deciding what to write about I have you covered. Lets go over some quick blogging topics and niches.

Here are a few blogging ideas:

  • Travel
  • Food and recipe
  • Entertainment and news
  • Automotive
  • Health and well-being
  • Mommy or daddy lifestyle
  • Gardening
  • Sewing & knitting
  • Fashion and makeup
  • College life
  • Teacher life
  • Technology
  • Finance and business
  • Product reviews
  • Paranormal / metaphysical
  • Culture / City
  • and so much more

Read: Blog Like a Champ: Easy Beginners Guide

You can blog about your passions, your experiences, and your expertise all while earning money from home.

Whatever you decide you want to blog about, be sure that it’s something you can really enjoy discussing with other people. The way I knew personal finance was the right niche for me is that whenever I thought about the topic, I just felt like I had so much to say!

I have a passion for personal finance and business related topics. So, from these passions FrankNez was born. And if you haven’t browsed through the blog yet be sure to do so before you leave, or bookmark it for later use.

What is the best platform to blog?

Bluehost is the #1 recommended web host provider by WordPress and powers over 2 million websites worldwide. I don’t know about you but I want to be on that team.

Bluehost in my personal opinion is also the easiest web host provider to use. It is ideal for starters and beginners.

What I liked about Bluehost from the very beginning is that none of they layout was over complicated nor intimidating. Bluehost has really made my blogging experience great.

Bluehost blogging

How do you earn money blogging?

You can make money from home (or anywhere in the world) by blogging about just anything that people find interesting or helpful. There are numerous ways you can earn money from blogging.

Some ways you can earn money through blogging include:

  • Displaying ads from ad networks
  • Affiliate marketing programs
  • Selling products or services
  • Marketing services
  • Income earning landing pages

How much money do blogs make?

Some blogs are earning anywhere from $100 dollars a month to $1,000, and even $10,000+!

High blogging traffic allows you to multiply your income, especially if you have more than once source.

Franknez.com is earning 5-figures alone in just ads. I don’t sell any products nor courses. My job isn’t to sell you anything, I’m here to provide you with value.

Once you’ve opened your account with Bluehost be sure to read how to monetize your blog with Google AdSense. Man, do I have you covered!

Google AdSense was my first advertising platform. In that article I show you how to put ads on your blog so you can begin earning money as soon as your blog has traffic.

#3. Earn money from home by renting your property

Make money from home with rental income. Rent your extra bedroom or backhouse to make easy money every month.

Earn money from home by renting your property

Rent from your tenant(s) guarantees monthly earnings for the use of space you are not using.

This form of passive income does not require much maintenance and is usually a pretty straight forward process. Relay the rules to your tenant and write up terms for your records.

Depending on which state you live in, you can charge $400-$800 for rent every month. $1,000+ in some areas.

House Hacking

Make money by house hacking

Learn to house hack by having more than one or two tenants essentially pay for the mortgage.

You don’t technically make money from home this way, but you live in your home for free which means you can use your money to save and invest it in other assets.

Consider using Airbnb

Airbnb allows you to rent your property for a few nights to people who are looking to stay in that particular area of your city.

This hotel like service draws hundreds of dollars per night and in most cases can even pay itself if you’re still financing it.

I’ll leave the link to Airbnb’s website home page here.

#4. Teach A Skill With Fiverr

Teach A Skill With Fiverr And Make Money From Home

With Fiverr you can teach a skill via webcam to people looking to learn more on your expertise.

You create a gig and get notified when someone places an order. People are teaching others how to:

  • Speak a new language
  • Selling graphics & designs
  • Providing digital marketing lessons
  • Supplying video & animation tutorials
  • Create amazing recipes and cook

Fiverr is a great way for you to make money from home due to the convenience of providing people all around the world with value right from your living room.

If you’ve ever wanted to teach people how to learn something new from the comfort of your home then Fiverr is a great platform for you.

Read: How To Distribute My Music On All Major Platforms

Leverage income is when you create something once and get paid for it multiple times. This type of income is what Dan Lok refers to as F.U. money.

#5. Earn money from home as a freelance writer

Earn Money From Home As A Freelance Writer

The amazing thing about Fiverr is that you can also offer your writing skills to people all around the world as a freelance writer. Freelance writers are:

  • Writing professional bios for people
  • Providing successful telemarketing scripts
  • Working on helpful branding articles
  • Helping people format pod and ebooks

Services range from $5-$80 per order! If you can think of creative ways to put your writing skills to use then Fiverr is the perfect platform for you.

Earn money from home teaching people how to do stuff online!

Read: 5 Ways to Earn Leveraged Income: Start Now

#6. Pick up a commission based sales position

Commission bases sales position

Earn money from home through a commission based sales position. You can make a sales career from many industries including marketing, tech, and health.

Commission rates can range from 5% being the lowest to 40% being the highest.

The cool thing about taking up a commission based sales position is that you have the liberty of working in the comfort of your home or while you’re on the move!

Why commission only based positions are amazing

While I don’t have a 9-5 anymore, I do have a commission only based sales position in another business.

I built my clientele over the period of 5 years before going 100% commission with no base salary. Although this may sound scary at first, I now have the time to work on my blog full-time as well as continue to grow my other online startups.

Because I already have a clientele, all I do now is quote and close projects every day. I can be doing this from home or from the beach. This position compensates me monthly.

Read: How To Reach $10K Per Month In Sales

#7. Start your own online business and make money from home

start your own online business

Starting your own online business has many benefits. Not only are you your own boss but you have the opportunity to creatively make money from home in the niche of your choice.

When I created my first online business it generated on average $20 per month. Although it’s not enough to cover big expenses, it was certainly enough to pay for my streaming services passively without the need of my using my earned income from my 9-5 during that time. It was my first successful startup and now plays a different role which brings a ton of traffic to my blog!

Another startup earned me on average $2K per month all year. This is an online business I’m working on scaling today as well. And yes, this was all done from home. The link below is going to walk you through on how you too can start a thriving online business.

Starting an online business will be your best bet to leaving that 9-5. This will highly depend on how much you commit to scaling it.

Read: How to Start a Thriving Online Business in 2021!

And lastly…

Thank you for being here today. You could have chosen to spend your time elsewhere but instead you’re here learning and trying to get better. I applaud you for that.

If you want more content sent to your inbox be sure to subscribe to the blog and follow me on all social media platforms.

Franknez.com

Support the blog on Patreon where you can also gain access to exclusive Frank Nez content!

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Are you working from home? Let the readers know what you’re doing to earn that extra income in the comments section below!


These Are The Best Side Hustles For Millennials In 2021!

Best Side Hustles
The Best Side Hustles For 2021!

Our generation is getting hungrier. Here are 10 of the most rewarding side hustles to make it happen in 2021!

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

Lets get started!

So you’ve learned about creating multiple streams of income for yourself, or you’re simply looking to make a little more money on the side. One thing is certain, your side hustle(s) might just be the initial step towards building financial wealth. Lets begin.

#1. Airbnb

Airbnb is a sharing service that offers opportunity for travelers to get cost-efficient accommodation wherever they travel to. This side hustle allows you to earn money for essentially renting out your property to people looking to opt out of high hotel rates. If you aren’t a property owner yet be sure to keep this in your radar!

#2. DoorDash

DoorDash is a courier company that offers service on demand. Dashers deliver food from all type of restaurants. The flexibility to choose when you deliver allows you to accommodate your schedule accordingly. This is perfect if you’re looking for a part time or weekend hustle.

#3. Mobile car wash / detailing

Mobile car detailing services are becoming a little more common. This gig requires a van or truck to move your equipment and get the job done. Although this hustle is mainly seasonal, creating relationships and building the proper clientele can secure your side hustle year round.

#4. Turn your hobby into a business

Whether it’s dancing, singing, producing, painting, climbing, collecting, restoring, you name it! You can monetize your content on YouTube through vlogs, DIY, and tutorial videos. If you’re a recording artist get your music distributed and get paid from streams! Find a way to make money doing what you love.

Read: How To Start A Thriving Online Business In 2021!

#5. Buy at wholesale cost, sell below retail market value

This is similar to flipping except you don’t need to add value to an item. You purchase items at a wholesale cost so you can retail them and make a profit margin. It’s wise to look at the current retail value of what you’re selling and price it just below the market while still profiting from the cost of your initial purchase. You can use websites such as Amazon, eBay, Facebook Market & Craigslist to sell.

#6. Babysit

If you love children and have a knack for taking care of children, babysitting can be a very rewarding side hustle. Plan your availability in accordance to your schedule. When you tend to help people, the reward seems to be greater for some reason. There’s just something amazing about the integrity involved with such a responsibility.

#7. Work a part-time job

If you’re a teacher already working part-time, find another teaching job to get the most out of your career. If you’re in the medical & healthcare industry working part-time, find that second part-time to increase your income and experience in the field. A part-time job or hustle (if you’re already working full-time) will increase your income, no questions asked.

Fiverr is a great way to teach online making it the perfect side hustle for millennials.

#8. Rideshare service

Companies like Uber and Lyft allow you to earn money by transporting people to their destination in the comfort of your own vehicle making it a perfect side hustle. Get paid to drive while potentially saving the lives of others by prohibiting them from driving under the influence.

#9. Party planner

Party planners take control of the design and presentation of a celebration in order to create an awesome experience that will always be remembered. Note down all the exciting details for every project. Discuss budget and come up with a fixed dollar amount to make this happen. Sell it and over-deliver. Budget on the price negotiated with the client and the profit is yours.

#10. Store and list your space

Neighbor.com allows you to list your drive space, garage, attic, or basement to store your fellow neighbors belongings. You essentially rent out space you don’t use to people that need it. It’s another great way your property can generate an income for you.

#11. (BONUS) Instruct or teach online with Fiverr

Fiverr allows you to instruct or teach just about anything online. Millennials are teaching people how to speak another language, they’re writing as freelancers, and teaching digital services. People are making anywhere from $10-$800 on services!


Read: Side hustles from home that make a ton of money

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Leave a comment below if you’re working in any of these side hustles!


How Can Leverage Income Make You Rich?

How can leverage income make you rich?

Leverage income is the best type of income you can develop for your financial growth and success. Money coming in from leverage income also flows continuously. This ladies and gentlemen is how leverage income can make people rich.

I’m going to provide you with leverage income ideas below so you can begin transforming your life this very day.

franknez.com leverage income

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

Lets get started!

What is leverage income?

Leverage income is income you earn multiple times for doing the work once. This type of income produces cash flow at all times.

Dan Lok refers to this type of income as F.U. money. Leverage income can come from royalties, leveraged blog views, or leveraged video views.

Below you will read ways people are earning leveraged income through the use of the internet. Scalability is key to maximizing your incomes potential.

The Power of Leverage Income

leverage income allows you to earn money for doing the work once
Nothing like earning money while you travel

Leverage income allows you to get paid multiple times for doing the work once.

This is how you get to enjoy your favorite trips knowing you’re making money no matter where you’re at, or what you’re doing at the time. This type of income is also passive income, only better.

And let me tell you, the feeling is amazing! Leverage income is the true path to financial freedom.

Imagine earning money in the background. That’s what this feels like. While most people only earn money by trading their time 8 hours a day, rich people figure out how to make money in their sleep.

Wealthy people make money 24/7

Wealthy people make money 24/7

By now you might already be getting a grasp of how leverage income can make you rich.

It’s this concept of making money 24/7. The crazy thing is that nowadays there are a lot more ways to set yourself up for this type of lifestyle.

The key here is to scale valuable content online.

There are numerous ways from which you can provide value at scale online. Here are just a few:

  • Create a blog and monetize it with ads
  • Share video content on YouTube and monetize your videos with ads
  • Sell business tools online such as templates or spreadsheets
  • Start a podcast on Spotify and earn money per stream
  • Open a subscription based service

#1. Create a blog

Create a blog to earn leverage income
Earn leverage income blogging

Blogs allow you to earn money multiple times over. One blog post can earn you several hundred dollars when monetized and with enough viewers.

And this is with only one blog post! You can scale by increasing the number of blog posts you publish and number of readers you bring to your website.

You can start a blog today with as little as $3.95/mo. using Bluehost, the #1 webhost provider recommended by WordPress or with WIX for free.

Blogging has allowed me to earn money no matter where I go. Although growing my blog has been quite the challenge, I love every part of this journey.

Blogging might be for you if:

  • You absolutely love to write
  • You have skills and knowledge you need to share
  • The thought of running and creating a blog excites you

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

#2. Leverage YouTube views

Leverage YouTube views
Earn leverage income with YouTube

If you love creating videos then YouTube can be a great platform for your leverage income project.

Like blogging, YouTube uses ads to monetize their content creators videos. People are earning passive income by only creating a piece of content once!

When your YouTube channel has been approved for ads, every piece of content you put out will begin to generate you passive income moving forward.

YouTube might be for you if:

  • You love being on screen
  • You’re extroverted and love to show your smile!
  • Feel you can engage with your audience more via. video

Millionaire YouTubers in my niche of personal finance include: Graham Stephen, Andrei Jikh, and Marko – WhiteBoard Finance.

#3. Sell business tools online

Sell business tools online

You can create a spreadsheet, PowerPoint presentation, or marketing templates that can be useful for startups.

People can purchase these products online prior to downloading them. If you manage to create something useful then expect to see online sales quite frequently.

The cool thing? You only had to create it once.

Selling business tools online might be for you if:

  • You have Excel, PowerPoint, or Word skills
  • Own a business and understand what your industry might need
  • Want to improve peoples workspace online

Where can I sell business tools online?

You can use platforms such as Fiverr and place yourself in a specific niche topic where people are looking for tools like what you have to offer.

People are using Fiverr to sell marketing tools, digital goods, and more!

#4. Start a podcast on Spotify

Start a podcast on Spotify
Earn leverage income by starting a podcast

Spotify pays you per stream. Starting a podcast to earn leverage income is a no-brainer.

People are listening to podcasts now more than ever. Podcasts are super convenient to access information while on-the-go.

Grow your number of listeners to scale that project.

Podcast is for you if:

  • You love to interact and conversate with people
  • Have fun and feel comfortable with a mic
  • Your voice connects well with an audience

I personally like listening to Andy Frisella and Joe Rogan.

#5. Use a subscription based platform

Subscribe on Patreon to earn passive income

Patreon is a platform that lets your most passionate fans support your creative work via monthly membership.

Patreon allows you to provide further value to your closest following. You can let your subscribers in on exclusive content for their support.

This monthly membership is a great way to earn leverage income while providing your followers with unique content only distributed to them.

I think everyone should use this once:

  • They’ve established a following in any venture
  • Your newsletter has grown
  • You’ve created exclusive content specifically for your subscribers

What is residual income?

residual income icon

Residual income, like leverage income, is income that you continue to receive after the completion of an income-producing job or project.

Residual income can also refer to the net income after all expenses are deducted from your personal finances.

This term is completely acceptable when discussing passive income that’s generated through leverage.

Residual income examples

Some residual income examples include:

  1. Royalties
  2. Real estate income
  3. Money from consumer goods such as digital music streams and books

Musicians and artists

Musicians and artists earn residual income through streams. They get paid a royalty every month.

Independent artists can also earn money through their streams using a distributing service such as DistroKid.

Also read: How to distribute your music on all major platforms

Accumulating wealth has never been easier

A lot of these money-making projects are actually most people’s hobbies. This means setting yourself up to amass wealth has never bean easier.

With the proper platform you too can begin creating content and getting paid continuously for the value you provide.

You deserve to do what you love and get paid for it. That 9-5 isn’t part of your entire existence.

Amass a big audience for riches

audience icon

At some point of your journey you’re going to make a penny online. Then two. Eventually, you’re going to make your first few dollars then hundred.

You’ll see that the key to obtaining riches online is to grow your audience no matter what your pursuit online is.

Leverage income flows abundantly when you amass a big audience. This is why there are bloggers and YouTubers making 5 and 6-figures per year and even per month! All it takes is time and absolute dedication.

Leverage income works best when scaled

Scaling your audience is key. Are you ready to take the first steps towards financial freedom? Let me know in the comments section below which way of earning leverage income best suits you!

For more like this, read: Earn passive income with these 5 guaranteed strategies

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7 Easy Ways Millennials Can Start Earning More Money

7 easy ways millennials can start earning more money

Millennials are always looking for ways to live their best lives possible. Well what better way to start then by earning more money. We all know in order to make this happen we must put in the work and take the opportunities that present themselves to us.

If you’ve become financially stuck and are looking for ways to increase your income then you’ve come to the right place. Subscribe to our newsletter to be notified when new posts are published. Here are 7 easy ways millennials can start earning more money.

side hustle ideas 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!

#1. Earn More Money With Food Delivering Services

Earn more money with food delivering services
Earn more money on the side with food delivering services!

Food delivering services have become more and more popular due to customer demand and convenience.

Services such as DoorDash, GrubHub, Postmates, & Uber Eats are going to stay for a long time. Signing up is easy and delivering food is even easier.

Compensation varies between all companies so be sure to choose the right fit for you. You will need:

  • To be at least 18 years of age
  • Have a valid drivers license
  • Have valid car insurance
  • And have access to a smart phone
DoorDash, GrubHub, Postmates, Uber Eats, Make Money
  1. Doordash: approx. $13.92 per hour
  2. Grubhub: approx. $12 per hour
  3. Postmates: approx. up to $1,000 per week (delivering more than food)
  4. Uber Eats: approx. $8-$12 per hour

Millennials can earn more money by side hustling with food delivering services. What makes food delivering services such a great side hustle is that you can work when it’s most convenient for you as well.

It’s not uncommon for people to earn anywhere from $15-$25 per hour delivering food if you make the time for it. Not bad for an extra money, huh?

#2. Offer Ridesharing Services On The Side

Provide value by helping people safely reach their destinations through the use of ridesharing services.

Make more money with uber and lyft rideshare services
Earn money with ridesharing services

More than 2 million people are earning more money by driving for a rideshare service such as Uber and Lyft. And more than 103 million people use these services.

Like food delivering services, ridesharing also allows you to work at your convenience. Flexible hours make this service an attractive side hustle choice for millennials to earn more money.

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

Requirements

  • Must meet the minimum age requirement to drive in your city
  • Depending on your state, you must have at least one year of licensed driving experience if you’re over 23, and three years of experience if you’re under.
  • Clean driving record
  • You must be listed on the auto insurance to the vehicle being used
  • Must have a smart phone
  • Minimum of 4 door passenger car

#3. Open Your Own eCommerce Store

Earn more money on the side by opening your own eCommerce store. Sell goods online through Amazon or eBay.

Make money with eCommerce Stores Amazon and eBay

Selling goods online is easier than you think. Listing on eBay and Amazon is a simple process that doesn’t require more than 10 minutes to set up.

People are selling anything from:

  • Vintage Cards
  • Apparel
  • Games & Electronics
  • Books
  • Furniture and appliances
  • Literally ANYTHING and everything

If you have wholesale connection, you can sell items below retail price but above your costs to make profit.

Often times you don’t see the items you’re drop shipping. If you can ship them directly to the customer it makes the experience that more passive.

eCommerce is now being used in rural Asia villages providing people with opportunity and a new means of generating money.

Read: 5 Ways to Earn Leveraged Income: Start Now

#4. Write As A Freelancer

Freelancer

Start earning more money by writing as a freelancer. Large blogs are always looking for new writers to help produce content.

Freelancers are earning $15-$74 per hour!

Most blogs pay per post or excerpt which makes it a great way to earn money on the side without hindering your day to day job.

Freelancing also allows you to work during your free time which makes it a great side hustle for people who value flexibility.

If you would much rather work for yourself then I suggest starting your own blog.

#5. Make More Money Tutoring Online

Fiverr is a platform from which you can tutor people from all around the world straight from your computer.

Make more money with Fiverr!

People on Fiverr are making more money from home than ever before through the use of webcam communication.

Make money with fiverr
franknez.com

This form of generating money from home has become very popular as you can offer more than just tutoring. People are also offer digital marketing services, video and animation tutorials, graphic designs, and so much more!

How Does It Work?

  • Create a gig – Sign up for free, set up your Gig, and offer your work to Fiverr’s global audience.
  • Deliver Great Work – Get notified when you get an order and use Fiverr’s system to discuss details with customers.
  • Get Paid – Get paid on time, every time. Payment is transferred to you upon order completion.

One thing all these side hustles have in common is how flexible they are. If you’re looking to earn more money outside your job then Fiverr could be a great option to go online.

#6. Recycle At The End Of Every Month

earn extra money by recycling

It seems most people have overlooked this option but millennials can earn more money by recycling at the end of every month.

Yeah it’s a little messy and can be quite annoying but it can earn you anywhere from $30-$50 a month depending on how much you recycle. That’s enough to pay for gas or a few monthly subscriptions such as your Spotify and Netflix accounts.

Recycling is a great way to not only give back to your community but for you to earn money back on your purchases.

#7. Sell Organic Foods From Home

This is another side hustle that most people miss.

If you have access to organic foods from your garden, harvest and sell them in batches! Earn more money on the side by selling lemons, oranges, avocados, and just about anything your garden can produce.

You can join your communities or cities Facebook group and notify people of what you have to offer. Selling will be easier by keeping it local.

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Leave a comment below!

Let me know below if you’re making more money using any of the side hustles listed above. Don’t forget to subscribe to the newsletter to be reminded when a new post is published!

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How To Start A Thriving Online Business In 2021!

How to Start a thriving online business 
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Most people start an online business as a side hustle to earn an extra income. Whether you’re aiming to provide a service, sell a product, or earn passive income, you can do it all online!

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!

So, What’s The Difference Between an Online Business and a Tangible Business?

An online business does not require tangible assets such as a building, inventory, or team to do business. A tangible business on the other hand usually requires an office, warehouse, team, physical supplies, and overall a much bigger overhead.

With an online business you can earn money online no matter where you are in the world oppose to a tangible business. Most tangible businesses require that you oversee all operations to ensure everyone in your company is doing their part.

Though an online business takes longer to pick up from inception, the long term rewards can be abundant. The upside to this is that you can build a one-man empire. Yup, no overhead meaning higher profit margins!

Can anyone start an online business?

Anyone can start an online business. All you need is the entrepreneurial spirit to spark a startup and begin earning money with your ideas.

Here’s how to do it.

#1. Find Your Niche

First, identify what your online business will be about.

Your niche is the center of it all. Combine your strengths with your interests to see what you can offer to the online world. Your niche should be something you can enjoy doing. If you love to write, publish a blog. If you love apparel, sell it online using eCommerce!

How to start an online business: Find your niche

Many entrepreneurs are finding ways to monetize their talents and skills online.

Find what you’re good at and share it with the marketplace.

Here are some online business ideas

  • Instructing or teaching online using Fiverr
  • Offer reviewing services in a particular niche
  • Provide security tech products online
  • Artwork design services / sell digital art
  • Consulting
  • Marketing & apparel
  • Digitizing / Vectoring / Virtual Mocks
  • Informative content on YouTube or a blog

There’s a ton of online business ideas you can choose from. The one that will benefit you the most is going to be the one that you really enjoy doing.

For example: I love to write. Two of my online businesses have to do with writing. One is in the music industry and the second is this personal finance and entrepreneurship blog.

Most peoples online businesses start off as a hobby but eventually end up generating them money. This usually occurs when you treat your startup like an actual business.

How can I monetize an online business?

If you aren’t selling a product or service you can still make money online. Your online business can review products and link people to the products using affiliated services.

Affiliate services pay you when someone signs up for a service or purchases a product using the affiliate link. This is actually one way bloggers make money from their online business.

What’s amazing about affiliate marketing is that once money starts flowing in it’s all completely passive!

The most common ways to make money from an online business are by:

  • Selling a service or product
  • Advertising businesses (B2B)
  • Providing reviewing and promotional services
  • Implementing affiliate marketing
  • Using advertisements on your web site

The way you earn money from your online business is going to highly depend on what your niche is all about and what you’re going to be providing to the marketplace.

Read: Blog Like a Champ in 2021: Easy Beginners Guide

#2. Identify Your Value

Identify your value online business

Before you start an online business you’ll need to identify your value.

What value will you be providing to the consumer? Are you looking to solve a problem by offering a unique and effective service? Will your product change the way the consumer feels about themselves? How will you improve their lives?

Or, are you looking to entertain or to educate and inform? Identify and understand what value you will be providing to your target market.

Whether you run a tangible business or an online business, you’ll need to provide value to your customers. Learn to identify what it is they need and how to provide an amazing experience.

How can I provide value to my customers?

To provide value means to make a difference in someone else’s life. Some ways you can impact a customer and provide value include:

  • Providing exceptional communication skills
  • Delivering quality work
  • Instilling and emotional drive for the product or service
  • Creating lasting partnerships

Everyone values different things but these are just some of the most effective ways you can provide value to your customers so your online business can reap the rewards.

When you provide value to your customers your online business will begin to thrive.

So now that you’ve figured out your niche and have a pretty well rounded idea of how to provide your customers with value, let’s talk about how to actually set up your online business.

Here’s the fun part.

#3. Build A Website For Your Online Business

Every business should have a website, especially in todays world; however, an online business must have a professional website.

You can use a free web hosting service like WIX if you’re just starting out. This will help you get a feel for what it is to have your service or product displayed online. However, if you’re ready to get serious about your online business you’ll have to purchase your domain for a more professional presentation.

Start a blog with Bluehost

Purchasing your domain is going to be the very first investment you’re going to make in your online business. A thriving online business needs a great webhost provider. For this, we recommend building a website with Bluehost.

Bluehost is the #1 suggested web hosting service by WordPress. They power over 2 million websites worldwide and offer a free domain name for your first year. A professional website is essential for an online business to thrive in the marketplace.

How easy is it to use Bluehost?

Bluehost is super easy to use.

You’ll be surprised to find out that everything you need to run an online business takes very little time to learn with their services. Bluehost’s layout is easy to navigate and the tools become second nature in no time.

Keep in mind that this initial investment is going to be the foundation to your online business empire.

I’ve purchased my domain, what’s next?

Congratulations on achieving your first steps as an entrepreneur. As a marketing and branding expert, this next step is one of my personal favorite parts.

Because Bluehost makes it very easy to build a really cool website, personalizing it to cater to the publics needs is also very easy and fun.

Spend time updating images on your website and really making your platform stand out. Your website should easily demonstrate to its visitors what you have to offer to them.

This is the step where you really get to make your website stand out so get creative!

What if I haven’t branded?

If you haven’t branded yet don’t worry. Focus on your content and on really putting your services out there first. Let people know what you’re doing and what your online business has to offer.

You can brand once you have a clear mindset on where you want to take your online business and have a vision on how it will impact people.

Be sure to check out my network tab to see how your online business can benefit from using other businesses services to grow. Maldonado Graphic Design works with you to create your logo so you can brand your online business.

#4. Promote Your Online Business Using Social Media

So you’ve set up your online business and have an amazing website to showcase your services or products. Now it’s time to market your business to the right people using the best social media outlets for your new business.

Promote your online business using social media

If you’re providing music services make yourself known to artists on Twitter. If you’re selling amazing branded apparel, show off your line on Instagram.

Do you have a service catering to a specific industry? Network with people on LinkedIn. You should learn to identify which social media puts your business in front of the right people. You might already be thinking of a specific platform that could work well for you. And if you don’t, figure out what works and what doesn’t.

Use at least two great means of social media and grow those platforms to simultaneously increase your online businesses presence. It’s not necessary but it helps you with your brand awareness.

How can I thrive online?

Social media is a great platform to get your content out to the right people.

It is necessary for you to understand who your target audience is. Once you figure out who your potential customers are, you’ll be able to present your online services to them at scale.

This will require you to be consistent which brings us to the next topic. How to really thrive online.

Use social media marketing

Publish links to your website and products and services on social media. Distribute some piece of content every day and remain consistent.

Your business must remain active online to stay relevant. Your business will look fresh if you’re actively engaging people online and producing content or sharing links.

This is a crucial part of the process when starting your online business. Get seen.

#5. Always Pitch

Every post, every email, everything you do to catch attention online is your pitch to sell your service or product. So, always pitch.

The moment you stop posting, emailing, engaging, and networking, is the moment you stop taking action to ensure your online business builds momentum and starts earning revenue.

Your business cannot thrive if you stop getting better. Your online business should look and operate way different than when you first started. You won’t find out what changes are necessary to scale until you put in the work every day. Day in, day out.

You’re really going to have to sell yourself. Build your network through social media and grab peoples attention. They must gravitate towards your services through the relationships your online business creates.

Remember when we talked about identifying your value?

Now is the time to demonstrate that value you identified earlier. The marketplace must see this from your online business.

Ask yourself, how can I connect with my audience? How can I excite my online followers so that they give my services or products a chance? How can I attract them to my website?

You will find yourself learning a variety of strategies to earn revenue. Don’t feel discouraged if things are moving slowly. Find out what works for you and keep on keeping on.

Important

Keep pitching until you make your first sale or learn how to monetize your online business. One of the most fulfilling moments is when someone finds the value in your product or service and pays you for it; so be consistent.

#6. Advertise Your Online Business

Advertising is a great way for people to see your business whether it be online or in person. This is one of those other investments that you’ll eventually come across when looking for ways to grow your online business.

You may advertise by paying for Facebook Ads or running Google Ads. A thriving business should always be looking for ways to be seen.

Advertising provides you with an edge over any competition.

Another form of advertising is through the use of decorated apparel.

Companies like Easy Marketing elevate your brand by decorating your logo on hats, shirts, jackets, and all sort of other apparel. You can use this marketing strategy to market to your customers online.

What’s are the benefits of advertising my business?

Imagine going out to a crowded or public place wearing your business logo on a simple cap or shirt. It’s that easy. How about creating a video that generates a ton of views every month? If you’re wearing promotional apparel in your video, your brand awareness is sure to spike.

Exposure is the key to a growing a successful online business.

#7. Get Involved in a Community

Community franknez.com

Establish an authority in your niche topic or industry by getting involved with an online community.

When you become an authority, or leader in your niche, you will be able to scale your business much quicker. Being part of a community is going to attract both customers and viewers to your website.

I used to see this tip everywhere before my blog blew up. I didn’t understand or know how to get involved in a community though. What happened is that I eventually become involved in a sub community that needed my support and guidance. When I provided value to this niche community, my traffic skyrocketed and I was able to scale my blog.

Believe me, you need to find a community you can provide value to.

#8. Register Your Company

Now, most online businesses are just a side hustle. If your online business is expanding rapidly or you’re really looking at the long term goal, you might want to consider registering it through your state; especially if you’re operating full-time and have some sort of tangible items ex: packaging, boxes, etc.

Incorporate for tax benefits and for maximum profits. By registering your online business, you make a bold statement of legitimacy and are able to legally register yourself as a business owner.

Again, this is not total necessary though. You can have a thriving online business without registering it through your state and county.

Never stop setting goals for your startup

Starting and online business is a lot of fun, and believe me it’s a lot of work. I can personally say starting my online businesses have been the best decisions I’ve made in my life.

They’ve taught me what it is to really stick to something when most people would have quit. It really does teach us a lot about ourselves as entrepreneurs.

If you enjoyed this post please be sure to join our newsletter to stay up-to-date on new posts. Keep working towards your dreams and aspirations and remember, never stop setting goals for your online business.

Franknez.com

Read: Online business vs traditional business: Pros & cons

Support the blog on Patreon.

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How To Successfully Make Money Online While Traveling

How to Successfully Make Money Online While Traveling - by Franknez.com

It already sounds like heaven doesn’t it? To become mobile and successfully make money online while traveling?

The great news is that it is most definitely possible! But are you willing to put in the effort to see these seeds bear fruit? Here are 5 hustles that allow you to work from practically anywhere in the world.

Welcome to Franknez.com – the blog where I publish posts on personal finance, side hustle ideas, entrepreneurship, and trending investing news.

Lets get started!

#1. Take On a Commission Based Sales Position

An outside sales position is going to provide you with the freedom to travel as you please while earning money based on your monthly performance.

Take On a Commission Based Sales Position - How To Successfully Make Money Online While Traveling.

These type of positions don’t ground you to an office which makes it easier to become mobile.

You can take on one of these commission based sales positions from all type of industries. The premise would be to sell a service or product for a business where you’d take a piece of the cake at the end of the month.

When you have a nice basket of clients your living expenses will be taken care of quite easily.

You can then shift your focus on creating another source of income that can either surpass your commission based sales position, or continue to build both ventures while doing it from essentially anywhere in the world.

How much do commission based sales positions offer?

Commission percentage will vary from business to business in a given industry.

Expect to see from low to high anywhere from 5% to 35%.

Do I need a degree to be in sales?

More often times than not, you don’t need a degree to be in sales. Sales are based on results, not on what school you went to. Although I majored in Business Administration, we never went through sale scenarios or physically worked on that aspect.

Schools are businesses too, and professors are human beings too. Book theory is nothing compared to the real world.

#2. Create And Sell Digital Goods Online

Are you a great designer or professional in creating digital services and goods? You might want to consider selling your talents online.

Here is a list of digital services and goods you might want to consider providing online:

  • Album covers
  • Eye-catching thumbnails
  • Posters and fliers
  • Automated spreadsheets
  • Vectorizing or digitizing
  • Personalized business templates
  • Mockups and other virtual designs

This is what makes creating and selling digital goods such an awesome gig. Not only do you get to have fun doing what you’re really good at but you get to make money online while traveling.

Like all of these hustles, you’ll see that all you need is a laptop and an internet connection to make money online.

You can make money online and you don’t even need a degree for this! If you’re good at designing then you can make more money than the person who got a degree but never pursued the career.

Find your target audience and begin to market your service or product.

How much money can I make with designing artworks?

Depending on your niche, designers are charging anywhere between $10-$100 per design.

For example: Digitizers and vector creators can charge $10-$45 while business logo designers can charge upwards of $100 for an art with consultation included.

#3. Dropship Hard Goods on eBay or Amazon

Dropship hard goods on eBay or Amazon: How to successfully make money online

For those of you who have read that drop shipping is dead, it simply isn’t. Drop shipping is a great way to provide value to those looking for a specific product that you are able to provide exclusively to them.

What I personally love about drop shipping is that you can be anywhere in the world and out of nowhere you receive a notification that an item sold. The following notification advises the buyer has paid and now it’s time to ship.

dropship with ebay or amazon - franknez.com

I pull out the laptop, order the item, and have it ship directly to my customer. Boom! Takes five minutes and there’s no labor included.

Drop shipping hard goods has allowed me to make money online while traveling with my family. It feels amazing when you learn to make money outside of a job that doesn’t require you to clock in for 8+ hours.

Subscribe to the blog I’m going to be showing my readers exactly how I got started drop shipping and how they too can make money online using simple strategies that work.

How much money can I make drop shipping?

If you start a drop shipping business you can earn as high as six figures in revenue. If you’re drop shipping as a side hustle, expect to earn anywhere from a few hundred dollars to thousand per month.

Clothing and apparel is a very successful niche but you can sell just about anything online.

#4. Start Consulting Online Using Fiverr

A lot of people still don’t know about Fiverr which is very surprising.

Fiverr allows you to sell consulting services online, teach a language online, show people how to level up on games, proof-read peoples papers, and so much more! Yup, all from anywhere in the world.

Do you have a passion for teaching or helping people advance in certain areas of their career? Fiverr is a great platform for you to sell online services and tutorials.

Another benefit of using Fiverr is that you can also buy other peoples services. This can further help you excel in your business endeavors.

Grow your business with Fiverr!

Say your business needs a logo. Many graphic designers sell their services here for as little as $10! Now say you need an animated advertisement video with music and compelling visuals for your business. You can use Fiverr to find professionals who sell these services to you.

So I can sell my own services AND buy other services?

Exactly.

This is why Fiverr should be a website all upcoming entrepreneurs need to have bookmarked.

This platform allows you to sell your service, and purchase other services without having to hire a team or spend money on an overhead.

#5. Monetize a Blog

Not only is blogging an awesome platform for you as an individual to express your opinions, but it’s also a platform where you can provide lots of value and information to the rest of the world.

When your blog begins to consistently attract traffic, you can monetize it and begin making money online.

Start a blog with Bluehost
Click to be redirected!

Here are a three ways bloggers are making money online while they travel:

  • Advertising their blog with Google Ads
  • Selling their own product or service to their readers
  • Commission from affiliate programs
Read “How to Monetize Your Blog with Google AdSense”

If you’ve ever thought of blogging about cars, music, travel, health, fitness, or even sports, you will find blogging is a very fun way to earn money from a writers perspective.

If you’re ready to make that jump click the link below where I personally walk you step by step on how to start your very own blog.

Why wouldn’t you make money online today?

Everyone can make money online. Yes, even you. It doesn’t even have to be with any of the mentioned topics. You can create your own means of providing value to the marketplace online.

One of my first side hustles online was doing reviews. I created a website, put my creative touch on it and took action. People saw a need for what I was offering and it was the first time I made money online.

I knew that that side hustle was just the beginning.

How long does it take to make money online?

Honestly, it takes as long as you prolong it. But, it’s more than that. I monetized my blog with Google AdSense the first month of inception. Yes I got rejected multiple times but I didn’t quit.

It’s going to take as long as you see it through. And although it took me a month to make money online from blogging, it was only cents.

It then took 15 months for my blog to be bringing in hundreds of dollars per month. Franknez.com is projected to begin earning its first thousand per month by the end of this year. I just have to keep putting in the work. And I’m doing what it takes, I speak it into existence and I write it into existence.

If you truly want to make money online you will find a way to do it. I support you 1000%.

Let me know in the comments section below which of these ventures captures your attention the MOST.

Franknez.com

Don’t forget to subscribe to Franknez.com where I teach our community about personal finance, entrepreneurship, and side hustle ideas to further enhance your lifestyle.

6 Strategies To Building Wealth At Any Age!

A lot of you are inspired and motivated to take things to a higher level. By now you’ve realized that time is still on your side so you’re willing to take advantage of it. This is the single most responsible action you can take (especially in your early 20s) in order to achieve long-term financial success. Here are 6 proven strategies to building wealth at any age.

6 Strategies To Building Wealth At Any Age!

High Income Skill

Shift your focus on one source of income that will generate you enough cash flow to exceed your expenses. The goal is to earn as much as your abilities, skills, and knowledge allow you to so never stop learning. The value you bring to a company is the key to unlocking a high income skill. Find the average annual income in your country, now raise the bar for yourself and never settle for average. The higher your income is the more asset you have available as a tool to building wealth.

If you’re a business owner, keep selling!!! Increase your revenue so you may increase your income. Don’t take from the cookie jar if you have not increased your revenue.

Staying Debt Free

Staying debt free is an essential building block to building wealth. If you don’t have any debt at the moment you’re already one step ahead, now keep staying debt free. If you are in debt, begin planning to eliminate this burden as soon as possible. It will be a challenge and it will require discipline. Budget where you have to and apply the extra cashflow from you high income skill towards your debt. You will not be able to build wealth while in debt therefore this is a vital step.

Read:Debt Sucks | Here’s How To Pay Off Thousands In Debt

Live Below Your Means

Live below your means to build wealth

Do not fall for lifestyle/income creep. This occurs when your expenses increase as your income increases. The mistake most people make is spending their entire income which results in living paycheck to paycheck. Live below your means in order to avoid this unnecessary stress.

If you’ve earned a promotion or you’ve increased your sales, don’t use this extra money to blow on increasing your standard of living or materialistic things; it can wait. This practice is called delayed gratification. Instead, use this additional money to save and invest.

Saving Money

If the heading of this third strategy made you feel a little uncomfortable we’re making progress. You’ll have to step out of your comfort zone every time you set a new goal for yourself. Put money in a money market or high yielding savings account. Your hard earned money will multiply through compound interest. I highly suggest reading “The Importance of Creating An Emergency Fund and How To Start” to see how saving money is essential to your financial journey.

By stacking up your Richards you are paying yourself first. You’re not giving your money to a,b,c, & d companies anymore. You’re give it to yourself! It’s what you do with this money that ultimately makes it worth setting it aside. Grant Cardone says money is useless unless you use it. So use it by making money work for you.

Investing Money

Now this is the fun part! You’ve established a high income skill and you’re living below your means debt free; now it’s time to put your money to work for you. Do your research like your life depends on it to see which form of investment is best for you. Do your homework and study this as it will require a high level of confidence to buy assets that will both increase and decrease in value depending on the markets performance.

Your assets are your wealth. The more assets and less liabilities you have the more your net worth increases. Stocks can yield enough annual percentage to duplicate your money over a long-term period of time resulting in more assets. The more money you invest, the higher the return. It is important to understand that money you have to invest must be money you’re willing to lose as well. All investments have some sort of risk factor whether it be low or high. For this reason, it is necessary to be out of debt. Any loss you face will be only but a small dent in your pocket. Here are some ways you can invest your money:

  • Stocks / Bonds
  • REIT’s (Real Estate Investment Trust)
  • Real Estate (Property)
  • Businesses (Partnering up with people – Be the capital people need in order to start a business in order to earn a percentage of the companies profit.)

Earn Passive Income

This sixth strategy towards building wealth is a fun challenge. Determine what niche can earn you passive income at all times no matter where you are in the world. Use your high income skill to continuously grow this stream of income in order to provide a consistent cash flow which you can also use to invest. Your business mindset might establish a couple of these resulting in multiple streams of income. As Grant Cardone says, success is taken, not received. Here are a number of ways you can earn passive income:

  • Rental Property (Real Estate, Property Owner, Airbnb, Storage Rental)
  • Money Market Account or High-Yield Savings Account
  • Paid-Out Dividends
  • YouTube (Monetized)
  • Blogging (Ads, Affiliate Programs, Courses, Product)
  • Business Partnership Contracts

For more details on these subjects read: Earn Passive Income With These 5 Guaranteed Strategies.

Be Consistent

Build Wealth By being consistent

Keep increasing your income and continue to invest over a long period of time. Take advantage of your age and think about where you want to be in the next 10-20 years from now because it starts with what you do today. As long as you keep increasing your income, saving & investing, and living below your mean, you will have the power to build wealth at any age in your lifetime.

Yes, building wealth takes time. Nothing great happens overnight. Building wealth is something you must continuously keep working on. Every challenge you encounter will require a better version of yourself in order to find solutions to the problems you face. Your habits, hard work, and financial discipline will determine the course of your financial future. Keep learning, keep innovating, keep making it happen. Your future self will thank you one day.

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