Julia Menez Earnable Wealthy Life story –

What should you may:

• Take a piece journey to Richard Branson’s personal island … paid for by your consumer
• Community with the highest gamers in your trade … and understand what you are promoting is doing higher than theirs
• Collaborate with and be sponsored by the very best manufacturers

That’s what one in all my Earnable college students, Julia Menez, has been capable of do as she’s transitioned from a job as an actuary to operating her personal journey enterprise, Geobreeze Journey.

I’m excited to share her story with you. First, I wish to present you three ways in which proudly owning her personal enterprise has allowed Julia to reside her Wealthy Life. 

A free journey to Richard Branson’s personal island

Julia’s journey to Richard Branson’s personal island “might be the epitome of a Wealthy Life,” she stated. “The place the place we stayed appears like a yacht on high of a hill. It’s essentially the most luxurious factor I’ve ever skilled.”

Julia promoted Bilt, a bank card program that allows you to earn factors in your lease, and Bilt seen. To thank her for driving folks to their program, they invited her to a mastermind consulting session on Branson’s island within the British Virgin Islands.

“I received to hang around with points-and-miles celebrities,” Julia stated. “And I received invited to be on Bilt’s advisory board going ahead, in addition to persevering with to advertise their program.”

“Totally different collaborations like this could not have been doable if I didn’t construct out the enterprise,” Julia stated. “And numerous that’s as a result of completely different methods that I realized by Earnable.”

Constructing a community and assembly fascinating folks

“Plenty of my Wealthy Life is being invited to social occasions and creating friendships,” Julia stated.

“Having a enterprise, I get to work together with folks for my podcast,” she stated. “They’re fascinating and have unbelievable tales in regards to the methods they use … I get to work together with teaching purchasers … And I’ve additionally made numerous pals by the web after which assembly up in individual.”

She’s been capable of converse at a number of conferences, together with The New York Occasions Journey Present, and has been on stage with “big names within the trade,” she stated. “To get to share the stage with them is unbelievable.”

Julia has a fantastic perception into the idea of a Wealthy Life: “I believe a part of lots of people’s Wealthy Life is a few feeling of being a small-time superstar.” (Certainly!) “Being type of a widely known voice or a rising voice within the points-and-miles neighborhood, it’s actually opened up networking alternatives.”

And it’s additionally helped her develop her enterprise.

Serving to others by journey ideas and revenue donations

Julia has a well-defined area of interest for Geobreeze Journey. She’s a first-generation daughter of immigrants, which provides her a perspective that’s not usually seen within the points-and-miles journey trade.

I LOVE the instance she provides: “Some individuals are like, ‘I simply wish to go to my mother in Honduras, and I do not need 600 {dollars}.’ I can inform them, ‘Oh, it’s tremendous straightforward for you. You simply want this one card. The sign-up bonus covers your six-hundred-dollar ticket. You may see your loved ones.’”

“I can inform someone that in 10 seconds,” Julia stated, “but it surely’s virtually life-changing to them the place they’re like, ‘I haven’t seen my household in years and this simply modified the whole lot.’ Individuals can journey again dwelling to Asia, South America, Europe, wherever their household is likely to be, the place they haven’t been capable of afford visiting their household.”

How superior is that!

Julia additionally has a second main manner to assist folks: “I donate all of the earnings on the finish of the yr to completely different charities which might be voted on by my Patreon members.” Final yr she donated greater than $30,000.

Take into consideration these three Wealthy Life experiences — Julia is ready to go on luxurious journeys, community with key gamers in her trade, and assist folks out with 5-minute ideas … or hundreds of {dollars} in donations.

All due to her enterprise.

And she or he hasn’t been doing this endlessly — she began final yr!

Two of Julia’s secrets and techniques? Exhausting work and Earnable. “I used to be capable of benefit from these alternatives by what I realized within the course,” she stated.

Now, let’s have a look at how Julia found her enterprise concept and area of interest.

Figuring out your area of interest: genuinely serving to folks with a worthwhile enterprise

Turning into an actuary takes hundreds of hours of learning for certification exams. Actuarial jobs pay properly, and Julia was trying into positions that might permit her to work internationally in Thailand or Hong Kong or Belgium.

So why give up that — and early in her profession! — to construct her personal enterprise from scratch?

After she completed her research and handed her exams, Julia had numerous free time and began moving into private finance and points-and-miles journey. She first arrange a journey company however closed it down throughout the pandemic.

She began an Instagram account to share find out how to use bank card factors and miles. She didn’t like to jot down, however she did like to speak with folks, so she began a podcast reasonably than a weblog.

Julia needed to take a collaborative strategy, as a result of she discovered the other of that when she was beginning out:

“As I used to be getting extra into factors and miles and desirous to journey totally free, I seen that just about all the huge bloggers have been white males of the identical demographic. There was no person who actually regarded like me. There wasn’t actually anyone who shared background tales that I may relate to. I figured there’s in all probability numerous different folks on the planet who really feel excluded that manner. 

“Each time I attempted to ask a query on Reddit, generally folks have been simply very impolite of their responses. So I actually needed to make a neighborhood the place we may discuss factors and miles, but additionally from a standpoint of people that don’t usually get featured in points-and-miles media….

“As somebody who is sort of clearly not a white man, I believe my viewpoint of find out how to strategy factors and miles is somewhat bit completely different. There’s a lot content material on the market for find out how to get the best cents-per-point valuation by transferring your factors to Emirates First Class or Singapore First Class, the Etihad Flats, issues like that, which don’t at all times cater to everybody.”

It is a nice illustration of what I imply once I say “Your Wealthy Life is yours.” “Wealthy” shouldn’t be synonymous with “top notch.” Not everybody even desires to do these issues. 

Julia additionally needed to “make it simpler for folks to seek out someone who matches their specific fashion of points-and-miles technique,” she stated. “As a result of generally you need data for solo girls vacationers, generally you need issues which might be for giant households. Generally you need one thing that’s very business-traveler centered. For those who’re a advisor or a salesman who’s touring on a regular basis, generally you wish to be taught what’s one of the best ways to earn numerous factors … the place you’ll be able to churn numerous enterprise spend by these bank cards. There are completely different methods.”

Julia recognized a chance out there: “I felt prefer it was a really one-size-fits-all or possibly three-sizes-fits-all — with individuals who prefer to tinker and primary household blogs, however nothing that catered to girls, folks of colour, first-generation immigrants.” 

Julia has been capable of converse at a number of conferences on how BIPOC girls can use factors and miles or how points-and-miles journey applies to households who’ve a number of children however by no means had a journey funds. “With the ability to have these alternatives and assist individuals who simply thought ‘Oh that luxurious way of life shouldn’t be for me, it’s for people who find themselves already wealthy. Individuals who seem like me simply aren’t represented in these channels.’… I like having the ability to inform them, ‘No, you’ll be able to journey totally free too!’”

“From a enterprise sense,” Julia stated, “it’s opened up so many various alternatives as a result of there’s fairly a motion on Instagram and the web at massive to make all the journey and monetary industries extra digestible for individuals who usually haven’t had a seat on the desk.”

I like this dialed-in perspective on how she will help folks whereas on the identical time construct a profitable enterprise.

Julia discovered one thing she appreciated and was good at, discovered a gap out there, after which labored to supply a worthwhile resolution.

Now let’s have a look at how Julia has labored to construct a number of income streams from her concepts.

$60k in her first yr in enterprise

Julia has diversified her enterprise’s revenue streams. Right here’s why that’s necessary.

Final yr was Julia’s first yr in enterprise with Geobreeze Journey. The enterprise introduced in near $60,000 in income.

“This yr,” Julia stated, “my aim is about $8,000 whole income every month. In order that’ll get me near $100k in whole income. If someone constructed out a enterprise like this, that’s greater than sufficient to reside on for most individuals.”

When Julia was learning the superstar points-and-miles journey bloggers just a few years in the past, she determined to purchase Earnable:

“I believed, ‘Effectively, if they will do it, I guess I can do it too…How are they doing this? Let’s determine if I’m capable of do one thing comparable with out having to spend all of my free time writing weblog articles, optimizing for website positioning, hoping someone reads it after which clicks some hyperlinks.’ So I bought Earnable and got here up with numerous completely different concepts that don’t simply depend upon folks making use of for bank cards by my website.”

Geobreeze Journey has 5 whole income streams:

The biggest piece of income for Geobreeze Journey comes from bank card affiliate gross sales. “It’s sufficient to cowl lease each month on this New Jersey residence, the place I’ve a view of Manhattan,” Julia stated.

However she doesn’t wish to be depending on one stream. “It’s good that if I’ve a low month [in credit card affiliate sales], as a result of it’s the most variable, that it’s not utterly going to wreck the enterprise,” Julia stated.

“Earnable additionally gave me concepts for find out how to launch a training enterprise and find out how to automate numerous issues like scheduling,” Julia stated. “So that you’re not attempting to electronic mail folks forwards and backwards, ‘OK, are you free on Thursday at 7pm?’ You can also make an automatic calendar so that folks can join teaching every time there’s an open spot.”

One more reason why diversifying is so necessary is that you simply by no means know when Fb or Instagram or no matter service will change their algorithms and have an effect on what you are promoting. That’s why an electronic mail checklist is necessary.

And it’s one thing Julia is specializing in.

Right here’s what I like about Julia’s manner of doing that: As a bonus for signing up for her publication, she shares a easy electronic mail script that received her $1k of upgrades on the Grand Wailea in Maui!

Sure! I like scripts. (Actually, Earnable is stuffed with word-for-word scripts you’ll be able to borrow or adapt on your personal enterprise.)

The resort improve electronic mail template Julia shares is phenomenal. She booked the $500 room on the resort and requested for an improve to the $650 room. The resort ended up upgrading her to the $900 room within the gated neighborhood a part of the resort, with views of a number of Hawaiian islands, a balcony, free breakfast, free dinner with cocktail hour, complimentary champagne and native Hawaiian snacks, and extra.

Not dangerous for a easy electronic mail!

Julia now provides out a free 15-minute teaching name every week to the primary one who clicks the hyperlink in her weekly publication. “I believe I received that concept out of Earnable too,” she stated.

I like that Julia took what she realized from Earnable and utilized it to her personal distinctive state of affairs. She discovered one thing she appreciated and was good at, discovered a gap out there, after which labored to supply a worthwhile resolution.  

The mindset of a profitable entrepreneur

Julia’s enterprise has given her a number of Wealthy Life moments, she developed a distinct segment, and he or she diversified her enterprise’s revenue streams.

However now, let’s have a look at an important a part of being a profitable entrepreneur: mindset.

Like many college students, Julia binge-watched Earnable when she first signed up and began constructing her enterprise.

However she’s continued to return to the teachings repeatedly, particularly for “electronic mail templates or if I would like concepts on find out how to phrase one thing once I’m going to pitch to a model or pitch on a collaboration,” she stated.

Julia sees one thing in her enterprise that I see usually in mine: “Lots of people are hesitant to spend money on something that has a charge related to it. We see this within the bank card world on a regular basis, the place folks will say, ‘Oh, there’s a $95 annual charge.’ We are saying, ‘You’re going to get $2,000 value of worth. Wouldn’t you pay $95 to get this $2,000 trip totally free?’ And individuals are like, ‘Oh, however is it assured that I’m going to seek out the award house?’”

However right here’s what she tells individuals who ask about investing a lot in a program (whether or not a bank card or a enterprise program): “Don’t you consider in your self sufficient to get that type of ROI?” I adore it.

“It does actually gentle a fireplace below you, the place you say to your self, ‘OK, I’ve invested on this. I’ve to really do the work in order that I can recoup that cash and construct out my enterprise,’” she stated.

That is the mindset I’ve seen in my most profitable college students. They spend money on themselves and use that as motivation to spend money on their enterprise.

One other widespread mindset I’ve seen from my college students is imposter syndrome and feeling like they’re years behind everybody else and they also shouldn’t even begin.

Right here’s Julia’s recommendation:

“I believe when individuals are beginning their very own enterprise, they simply really feel the necessity for the whole lot to be excellent, or they see someone that they admire of their trade and so they’re like, ‘That took 14 years. I don’t have 14 years. I’m by no means going to catch as much as them as a result of there’s some type of early mover benefit.’ However the world retains shifting and also you don’t must be on the identical stage as the highest individual in your trade. For those who can develop somewhat bit after which develop somewhat bit extra and make these incremental steps, these are actually necessary.

“We inform folks the identical factor in factors and miles after they say, ‘I’m by no means going to get sufficient factors to go world wide in top notch and save $50,000, $200,000.’ I inform them, ‘Do you should? Would you be blissful if I simply instructed you that you simply get $5,000 of free journey yearly? Isn’t that notable?’

“I believe folks simply get caught up within the comparability sport with Instagram. It parallels the whole lot else the place you’re so afraid to begin what you are promoting since you see someone who’s so profitable on the factor you wish to do, and also you suppose you’re by no means going to catch up.

“You’d be shocked. Generally you do. I’ve surpassed some individuals who I believed have been manner above me, and so they have been manner above me sooner or later, and I’ve surpassed them so far as Instagram followers, in all probability income as properly.

“But additionally, it’s OK should you don’t, since you’re nonetheless making progress, and there’s a lot self-efficacy concerned whenever you’re like, ‘I made sufficient this month to pay lease.’ Hire is roofed from a facet enterprise! So even should you’re not overlaying your whole way of life and it’s not sufficient to retire in two months after beginning a enterprise, that’s OK. As a result of should you’re making sufficient to cowl a big expense, that’s life altering and finally socioeconomically altering should you can maintain making these little items of progress.”

YES!! That is fantastically said.

Right here’s my problem to you: If you have already got this mindset, be part of Earnable and begin to construct your personal enterprise. For those who battle with this mindset, be part of Earnable. Along with the fabric that focuses on the nuts and bolts of constructing your personal enterprise, we additionally embody numerous materials on mindset — each yours and your clients’.