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BiggerPockets Money Podcast

495: The Digital Nomad’s Guide to High-Income Skills and Making Money Online

BiggerPockets Money Podcast

BiggerPockets

Investing, Education, Business

4.62.9K Ratings

🗓️ 23 January 2024

⏱️ 57 minutes

🧾️ Download transcript

Summary

Learning high-income skills can help you make money online—and a LOT of it! Just ask today’s guest, who worked not one but SEVEN internships to develop professional skills that would help her launch several successful online businesses down the road! Welcome back to the BiggerPockets Money podcast! Jo Franco is an entrepreneur, YouTuber, podcast host, and digital nomad with multiple income streams. Born to undocumented immigrants, Jo didn’t have much growing up other than her family and a chance to pursue the American Dream, but what she lacked in money and resources, she made up for in pure work ethic. Throughout her teens and twenties, Jo worked all kinds of jobs, side hustles, gigs, and internships that allowed her to save money and even travel the world for FREE. Since then, Jo has had her own Netflix show, built a successful YouTube channel, and launched her own journaling company. In this episode, she shares exactly how she made all of this happen, the keys to her success, and important money management tips for entrepreneurs. She also talks about the biggest mistake she has made in her career to date: hiring the wrong people! In This Episode We Cover The high-income skills you NEED to become a successful entrepreneur How to become a digital nomad (and travel the world for FREE) Reducing your financial risk by keeping your expenses down The true value of unpaid internships (and how to make the most of them!) Crucial money management tips for all entrepreneurs How to save money WITHOUT the consistency of a W2 paycheck How to get the highest return on your investment in people And So Much More! Links from the Show BiggerPockets Money Facebook Group Network with Other Investors on The Path to FIRE Through the BiggerPockets Forums Finance Review Guest Onboarding Join BiggerPockets for FREE Mindy on BiggerPockets Scott on BiggerPockets Listen to All Your Favorite BiggerPockets Podcasts in One Place Apply to Be a Guest on The Money Show Podcast Talent Search! Money Moment Check Out Our 24 Money Tips for 2024: Part 1 Part 2 Part 3 Part 4 Click here to check the full show notes: https://www.biggerpockets.com/blog/money-495 Interested in learning more about today's sponsors or becoming a BiggerPockets partner yourself? Email us: [email protected] Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Hello my dear listeners and welcome to the BiggerPockets Money Podcast, my name is Mindy Jensen and with me as always is my single language speaking co-host Scott Trench.

0:10.3

Thanks Mindy, I only speak English, but I am financially illiterate.

0:14.8

Oh, that's good, Scott?

0:16.3

Mindy and I are here to make financial independence less scary.

0:19.2

Less just for somebody else to introduce you to every money story because we truly believe financial freedom is

0:24.3

attainable for everyone no matter when or where you're starting.

0:27.2

Today's show is a conversation with Joe Franco who is a traveling language learning entrepreneur.

0:33.7

Joe designed her career to fit her calling and not the other way around.

0:38.4

Yeah, and today you're going to hear about the power of leveraging whatever situation you're in to learn new skills for free and

0:45.4

some creative ways to get paid to build your dream life and you're also going to

0:49.8

learn if you want to get all into entrepreneurship and the opportunistic nature of that entrepreneurial

0:55.9

journeys entail, you're going to have to plan your finances different than somebody who has a W-2

1:00.6

job and is going in a more traditional career path.

1:03.0

If you feel like you're behind in life or you don't have the talent to succeed or don't even know what

1:08.0

you want to do, Joe's story is proof that no one is starting from nothing. We all have something that we can offer

1:14.9

to get skills in return, whether it's time, money, curiosity, connections, and if you learn

1:21.7

to leverage whatever resource you have you can build a life that is

1:25.6

fit for you and you don't have to resort to the traditional paths of wealth

1:30.3

building and gaining freedom. In short, if you love a really great story,

1:34.8

this episode is for you.

1:36.9

Joe Franco, welcome to the BiggerPockets Money Podcast.

1:40.0

I am so excited to talk to you today.

...

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