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Episode 254: The Secrets Of Six-Figure Creators

We have a surprise bonus episode you this week, mi gente! Listen to episode 254 and find out the secrets of six-figure creators!

Yo Quiero Dinero® Founder Jannese Torres is a nationally-acclaimed, 5x award-winning Latina Money Expert, Educator, Speaker, Writer and Business Coach.

She became an accidental entrepreneur after a job loss led her to create a successful Latin food blog, Delish D’Lites®. Now, she helps her clients and listeners build successful online businesses that allow them to pursue financial independence and freedom.

Jannese is on a mission to educate marginalized communities on topics like entrepreneurship, investing, and building generational wealth through her personal finance podcast, “Yo Quiero Dinero®“.

The podcast has been featured on BuzzFeed, Telemundo, Business Insider, Yahoo Finance, NextAdvisor (Time), Grow Magazine (CNBC), & much more.

If you’ve ever wanted to know how TF are people actually making money online that’s SUSTAINABLE, this surprise bonus episode is a must listen!

In this episode, we discuss the secrets to six-figure creators based on a report from Kajabi. We highlight the importance of diversifying income streams, owning your platform, the limitations of relying on brand deals and the need for multiple revenue sources.

We also explore the success of online courses and the value of digital products. We encourage creators to build their audiences on social media while driving revenue on their own websites. We discuss the ethical dilemma of working with brands and the use of AI tools by successful creators, and conclude by emphasizing the importance of financial security and wealth building for creators.

Episode 254 Takeaways:

Diversify your income streams and own your platform to achieve financial success as a creator.
Relying solely on brand deals is not sustainable; explore other revenue sources such as online courses and digital products.
Build your audience on social media platforms, but drive revenue on your own website to reduce reliance on social media.
Invest in financial security and wealth building by diversifying your income and exploring opportunities outside of social media.
Consider using AI tools to save time, reduce burnout, and increase content output as a creator.

Chapters

00:00 – Introduction to the Secrets of Six-Figure Creators
02:08 – Defining a Creator and the Growth of the Industry
03:04 – The Importance of Diversifying Income Streams
04:01 – The Limitations of Relying on Brand Deals
04:51 –The Majority of Creators Earn Less Than $100,000 a Year
05:17 – The Role of Social Media Platforms in Building Audiences
06:16 – The Real Money Lies in Ownership and Diversification
06:59 – The Success of Creators on Kajabi
07:45 – The Importance of Multiple Revenue Streams
08:27 – Top Revenue Streams for Six-Figure Creators
10:29 – The Benefits of Consulting and Coaching
11:11 – The Value of Income Diversification
12:34 – The Success of Online Courses
13:50 – The Importance of Digital Products
14:19 – The Risk of Depending on Social Media Platforms
15:47 – Building Audiences on Social Media and Revenue on Websites
16:58 – The Ethical Dilemma of Working with Brands
18:30 – The Use of AI Tools by Six-Figure Creators
20:05 – Investing in Financial Security and Wealth Building
21:57 – Fastest-Growing Niches for Six-Figure Creators
23:38 – The Irrelevance of Follower Count for Financial Success
24:56 – Creators’ Concerns and Plans for the Future
29:35 – The Role of AI in Reducing Burnout
31:37 – The Importance of Diversifying Income Sources
33:21 – Conclusion and Invitation to Business Finances Class

It probably feels like everyone on the internet is telling you why you should start a business. And I totally agree! Entrepreneurship is the fastest way to wealth, but let’s be real. Running a business is tough.

I’ve dealt with crazy tax bills I didn’t expect, underestimating the cost of investments and scrambling to secure funding, and pricing my services too low. The money side of entrepreneurship is sticky AF.

Let’s break down the pain points that might be hitting close to home for you.

Managing Your Cash Flow:

I know how it feels when it seems like money is just slipping through your fingers. Juggling bills, waiting on payments, and dealing with unexpected costs can throw everything off. It’s like trying to dance while walking on a tightrope – one misstep, and it feels like everything could come crashing down.

Tax Hassles:

Taxes are a headache, right? The rules are always changing, and keeping up can be a real challenge. Staying on Uncle Sam’s good side is crucial, but it feels like you’re tiptoeing through a maze of forms and regulations. Miss a step, and suddenly you’re dealing with fines or, worse, an audit. It’s like trying to solve a puzzle with missing pieces.

Pricing Yourself For Profitability:

In today’s competitive landscape, standing out and setting the right prices can be a constant struggle. Entrepreneurs often grapple with finding that sweet spot – offering competitive prices while ensuring profitability. It’s like a balancing act on a tightrope; charge too much, and customers might go elsewhere, charge too little, and you risk selling yourself short. Navigating this delicate balance requires a keen understanding of the market and a strategic approach to pricing.

Everyone tells you to start a business, but no one’s teaching you how to make it financially sustainable!

This is why I’m hosting my brand new workshop…

The Business Budgeting Bootcamp on February 26th!

I created this live interactive workshop because I’m tired of business coaches that are teaching you all the wrong ways to build a sustainable business.

It’s not enough to know how to make money, you have to learn how to keep it and grow it.

During this live workshop you’ll learn:

How to read financial statements, understand key performance indicators, and gain insights into the financial health of your business.
How strategic financial planning can be the driving force behind your business triumph.
Techniques to ensure a healthy financial flow that propels your business forward
The secrets of turning investments into strategic advantages
Risk management strategies that safeguard your business against financial uncertainties.
And more. plus a live Q&A!

Don’t miss this opportunity to transform your approach to business finance and set your entrepreneurial journey on the path to prosperity. Secure your spot now!

Can’t attend live? No problem! All registered attendees will get replay access for 30 days, so no excuses! Get your ticket now and let’s get your business budget on point!

Loving episode 254? Leave us a review on Apple podcasts. Follow us on Instagram, Facebook, Twitter, Pinterest, TikTok, LinkedIn & YouTube!

Until next time, stay empowered, stay inspired & #staypoderosa ✨💎

Watch The Full Video Episode Now On YouTube

Pre-Order Financially Lit! Today

Financially Lit! offers you culturally relevant and relatable personal finance advice that will allow you to finally feel seen, heard, and understood. Whether it’s the guilt you feel from being the first person to “make it” while members of your family are still struggling, or the way financial trauma manifests itself in negative and limiting beliefs around money, Jannese Torres is here to guide you through it all.

With the warmth and no-nonsense wisdom of someone who’s been there before, Financially Lit! will teach you how to:

Set boundaries with your dinero
Create and pass on generational wealth
Diversify and increase your income
Protect yourself from financial abuse
Pursue financial independence
Navigate the complicated relationship between amor and money
Invest like a white dude—or better!
And so much more!

With Financially Lit! at your side, you’ll harness the powerful ways money can be used to create the life of your dreams, and be empowered to step into financial freedom. Pre-order today @ financiallylitbook.com!

Get our exclusive Yo Quiero Dinero® merchandise available now!

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WANT TO KICKSTART YOUR FINANCIAL JOURNEY?

Download our FREE 14-page guide covering all the topics you need to start making your dinero moves. From money mindset, to budget basics, we’ve got you covered.

The Financially Lit Latina: The Ultimate Blueprint For Becoming Poderosa With Your Dinero

Check out these YQD™ Partners:

BetterHelp—Professional support when you need it, at the fraction of the cost of in-person therapy. Get 10% off your first month with our sponsor👉🏼 https://betterhelp.com/dinero

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Free video training

Limitless: The Masterclass

Struggling to figure out how to turn your passion into a paycheck? Learn how to earn more doing what you love!

I turned my side hustles into a multiple-6 figure business, and I’m sharing all my secrets! Click the button below to grab your free spot!

Meet Jannese

Jannese Torres is a award-winning Latina Money Expert, Educator, Speaker, Writer and Business Coach. She became an accidental entrepreneur after a job loss led her to create a successful Latin food blog, Delish D’Lites. Now, she helps her clients and listeners build successful online businesses that allow them to pursue financial independence and freedom.

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