Thewizarliz's Guide to Building Wealth with Social Media: Mindset, Monetization, and Strategic Growth

Thewizardliz

Introduction: From Broke to Rich with Social Media [0:00]

The speaker shares her journey from poverty to wealth through social media, emphasizing her desire to help others achieve similar financial freedom, especially those struggling with multiple jobs. She highlights the widespread issue of people working hard but unable to meet basic needs, reinforcing her commitment to sharing valuable insights freely.

Embracing New Ways to Wealth [0:32]

• Old Ways Won't Open New Doors: Traditional business and marketing methods are outdated in the current digital landscape.
  • Many businesses still operate using old models, which are less effective today.
• Leveraging Modern Platforms: AI and social media platforms are the primary drivers of wealth in the current society.
  • Utilize platforms like TikTok, YouTube, Snapchat, and Instagram to market products or build a personal brand.
  • These platforms can lead to generational wealth and rapid viral success for products.
  • Modern tools like ChatGPT provide unprecedented access to information and skill development.
• Comparison to Past Generations: While previous generations faced different challenges, today's era offers unique tools for quick career and business growth, eliminating the need for extensive talent or marketing budgets seen historically.

  

Overcoming the Fear of Being Seen [2:06]

• Let Go of Judgment: A significant barrier to success on social media is the fear of being seen and judged.
  • This fear needs to be completely released to move forward.
• Focus on Your Intentions: Put out your creations with good intentions, regardless of how others perceive or react to them.
  • Understand that people project their own realities and misinterpretations are not your concern.
• Disregard Negative Comments: Do not engage with or dwell on negative comments or criticisms.
  • If struggling with this, journaling about the root of caring about others' opinions can be beneficial.
  • Seeking therapy can help address people-pleasing behaviors and related issues.

    

Adopting a Growth Mindset and Self-Reliance [4:14]

• Eliminate the Victim Mindset: Viewing oneself as a victim gives away personal power and hinders growth.
  • Instead of asking "Why me?", ask "What can I learn from this?"
  • Extracting wisdom from every situation builds personal power and confidence.
• Personal Story of Resilience: The speaker shares her background as a refugee who grew up without money due to her father's actions.
  • This experience instilled a strong sense of self-reliance, understanding that if she didn't act, no one would.
• Self-Employment and Accountability: Working for yourself removes the option of victimhood, as your income directly depends on your output.
  • This path is not for everyone due to the high level of self-discipline required.
  • The speaker highlights her commitment to consistency despite challenges, driven by her responsibility to her family and lack of generational wealth.

    

Building Foundational Skills Through Work [6:00]

• Embrace Any Job and Excel: Take any available job, no matter how humble, and perform it exceptionally well.
  • The speaker's varied student jobs (cleaning, warehouse, supermarket, call center, restaurant) taught her invaluable skills.
• Benefits of "Survival Jobs":
  • Escape Abusive Environments: For those in abusive households, jobs provide an escape and a means to save money to leave.
  • Develop Social Skills: Interactions with diverse people, including those she was restricted from engaging with, improved communication and confidence.
  • Learn Discipline and Reliability: These jobs instilled the discipline and reliability crucial for her later social media career, where consistency is key.
• No Shame in Working: Any job that helps you survive is a stepping stone, not a life goal.
  • Focus on acquiring skills and discipline, as these traits are transferable and highly valued.

How to Monetize Social Media [7:59]

• Diverse Income Streams: The speaker earns from YouTube, Instagram, TikTok, and Snapchat, generating significant income (six figures monthly, 1-2 million annually).
  • YouTube: Monetized through ads and sponsorships.
    • Requires 1,000 subscribers and either 4,000 watch hours or 10 million short views.
    • Sponsorship prices are high due to high engagement (subscribers, viewers, comments).
    • Companies seek high engagement, making them willing to pay more.
    • Attracting Sponsors: Upload authentic content, set up virtual weekly calls, reach out to brands, and promote your YouTube on other social media.

      

      

  • Instagram: Income primarily from videos and sponsorships, often involving six-figure contracts.
  • Snapchat: Earns from posting pictures and videos; consistency (50-100 snaps daily) is crucial for high earnings.
    • Snapchat is considered one of the highest-paying platforms for creators.

      

  • TikTok: Monetization is available in some countries; artists pay creators to use their sounds, leading to thousands of dollars per video.
    • TikTok Content Strategy: Follow trending sounds, creative trends, create funny or relatable videos, post make-up or fashion content, and promote your product.

      

  • Twitch: Live streaming is another highly profitable option, though the speaker finds it too invasive of her privacy.

Keys to Success on Social Media [9:41]

• Authenticity is Key: Be genuinely yourself and share what you truly like, as authenticity resonates deeply with audiences and is a high vibration energy.
  • The speaker's authenticity and willingness to share vulnerable experiences have been central to her success.
• Have Good Intentions: Create content with a pure intention to help, entertain, or teach others.
  • Videos driven by genuine helpfulness or desire to make people happy perform better than those solely aimed at fame or money.
  • Examples include footballers entertaining, comedians making people laugh, and entrepreneurs providing useful products.

    

• Dealing with Hate and Criticism: Negative attention, cyberbullying, and even false accusations can paradoxically increase visibility and opportunities.
  • Haters act as "free publicists" by driving more people to your platforms.
  • Audiences are often more interested in creators who face controversy than those universally loved, as human psychology is drawn to drama.
  • When the criticism is excessive or perceived as bullying, many people will rally to defend the creator, increasing their support.
• Blessing Women with Money: The speaker believes in empowering women financially.
  • She consistently supports her mother with a monthly allowance, paid off her house and car, and funds family vacations.
  • She also donates to single mothers and celebrates Women's Day, believing women are the "gateway to abundance" and represent the "divine feminine."
• Consider Local Languages: Don't be afraid to create content in your native language rather than solely English.
  • While English offers an international market, it also has immense competition.
  • Creating content in a local language can lead to significant earnings within your country with less competition.

    

Strategic Planning and Relationships [11:12]

• Multiple Backup Plans:
  • Partnership: Choose a partner who is stable and financially ambitious to provide a backup if your primary venture fails.
  • Education: Obtain degrees or qualifications that offer alternative career paths (e.g., the speaker's degree in administration).
  • Continuous Learning: Always be acquiring new skills and knowledge to adapt to changing circumstances.

Continuous Learning and Skill Development [12:23]

• Utilize Modern Resources: Leverage the internet (ChatGPT, YouTube tutorials) to learn any skill or subject of interest, from massages to cooking to makeup.
  • Compared to past generations who relied on books, current access to knowledge is a huge advantage.
  • The speaker spent hours daily studying various subjects like manifestation, science, and trauma healing during her early YouTube career to share insights with her audience.

Manifesting Your Desired Future [13:22]

• Future-Oriented Mindset: Focus intently on the future you desire, letting go of the past and present struggles.
  • What happened previously no longer exists; direct your energy towards positive future outcomes.
• Guard Your Energy: Disassociate from people, relationships, or jobs that do not align with your vision or goals.
  • It's crucial to leave draining jobs, even for a slightly better one, to protect your emotional well-being and maintain a higher vibration.
• Laser Focus: Maintain unwavering focus on your goals, disregarding external opinions or negativity.
  • Success comes from desiring your goals as much as you desire to breathe.

The Power of Positive Affirmations and Money Mindset [18:37]

• Stop Negative Affirmations: Avoid statements like "money is not important," "money is bad," or "it's impossible."
  • These negative affirmations manifest into your reality.
• Cultivate a Positive Relationship with Money: Actively affirm statements like "money loves me, I love money."
  • Money is attracted to those who welcome it and appreciate the stability it provides.
• Money as an Amplifier: Money doesn't change who you are; it amplifies it.
  • Good people become better with money; bad people become worse.

    

Cultivating Self-Confidence and Resilience [19:46]

• Unshakeable Confidence: Be confident and never back down.
  • Carry yourself with self-worth, walking into rooms as if divinely sent.
• Self-Love and Belief: Love yourself fully, regardless of external validation.
  • Your self-worth and belief in your capabilities are the strongest assets.
• Self-Reliance and Inner Child: You must be your own savior; no one else will pick you up when you fall.
  • Consistently showing up for yourself heals your inner child, who may have lacked that support.
• Overcoming Shame and Overthinking: These are major obstacles to success.
  • Don't be embarrassed to look foolish or weird; those who take risks and are authentic often achieve great success.
  • Many successful people simply "do" without overthinking or self-doubt.
• Believe in Your Uniqueness: Your voice and creations are special. Don't let self-doubt prevent you from sharing them.
  • Put your creations out into the universe with good intentions and see what unfolds.
• Delusional Faith: Have an unshakeable belief that you will succeed, regardless of obstacles.
  • Eliminate fear and anxiety; you are capable of accomplishing anything you set your mind to.