Founder's Story
From Food Stamps to Seven Figures: How Nikole Mitchell Did it Utilizing OF
Mon, 6 Jan 2025
In this episode of Founder’s Story, guest Nikole Mitchell discusses her background transitioning through multiple careers—teacher, bartender, religious leader, Etsy shop owner—and how she eventually discovered OnlyFans (OF). She shares insights on content creation, diversification, and how she navigates family and social dynamics. The conversation covers practical steps for succeeding on OF and broader topics about the creator economy’s future.Key Discussion PointsNikole’s Background and Early WorkHeld various roles, including teaching, pastoring, and bartending.Explored entrepreneurial paths (e.g., Etsy) before discovering OF.Entering the Creator EconomyThe initial draw to OF was its autonomy—freedom in content, pricing, and scheduling.Personal fulfillment was an important factor in deciding to pursue content creation.Family and Community ReactionsExperienced differing opinions from family, friends, and larger communities.Acknowledges the importance of being prepared for varied responses when entering this space.Diversification StrategiesMaintains multiple social media accounts and presence on various platforms (Fansly, ManyVids, etc.).Advises creators not to rely on one platform to mitigate risks of account suspension or sudden policy changes.Business Mindset and MonetizationBelieves in pricing content appropriately and setting no cap on potential earnings.Recommends creators learn about marketing strategies, audience engagement, and business fundamentals.Content Creation and BurnoutEmphasizes aligning content with personal interests to maintain authenticity and energy.Suggests planning content (such as seasonal promotions) well in advance to reduce stress.Future of the Creator EconomyNotes the shift among younger generations toward creative careers.Discusses the impact of AI and emotional intelligence on future job markets.Long-Term GoalsNikole plans to expand beyond OF, potentially building multiple global companies.Sees potential to branch into industries like fashion, lingerie, and media.Advice for Aspiring CreatorsSuggests embracing adaptability, creativity, and strategic thinking.Points out the importance of emotional intelligence in maintaining relationships and brand integrity.Connect with Nikole MitchellVisit NikoleMitchell.com for information on her coaching services and other social media channels.Our Sponsors:* Check out Indeed: https://indeed.com/FOUNDERSSTORY* Check out Northwest Registered Agent and use my code FOUNDERS for a great deal: https://northwestregisteredagent.com* Check out Plus500: https://plus500.com* Check out Rosetta Stone and use my code TODAY for a great deal: https://www.rosettastone.com
Chapter 1: What is Nikole Mitchell's background?
Welcome back to Founders Story. Today we have Nicole Mitchell, who is the founder of Nicole Mitchell Inc. I was saying before we got started that it might be one of the most interesting one-sentence short bios that I'm ever going to read so far. So you are known as the pastor-turned-stripper who went from food stamps to seven figures with OnlyFans and OnlyFans Creator.
I'm very fascinated with the future of the creator's economy and how people on all different platforms will create generational wealth for families and completely change their lives. Thank you so much for being on the show today. I'd like to start off with what made you want to even get into the creator's economy?
Chapter 2: What inspired Nikole to join the creator economy?
I've always been a creative. It's almost like I've been waiting for this moment in time where the power was really given back to the individual. And we had access to things that were once very limited. It's the most powerful and the most wealthy. And so over the years, I've had many different entrepreneurial gigs just trying to find out what I wanted to be.
And I was a high school teacher for years. I was a mega church pastor. I was a bartender. I was an Etsy shop owner. I was a face painter. Just kind of trying to find myself and what I wanted to be.
And then when I discovered the platform OnlyFans and had the freedom it gave me to make whatever I wanted and that I could charge whatever I wanted, pick the hours I wanted, something in me lit up like this is what I was born for. And I was so excited to take advantage of it.
So what were some of those early days like? How was the process transitioning from all those other things that you had mentioned into OnlyFans?
Chapter 3: How did family and community react to Nikole's career change?
It was really fun for me and really difficult for all my family and friends. I had always been a religious good girl and always was done what was like the right thing. And when I finally really took control of my life, my destiny, my finances, my pleasure is very triggering. And I'd say even alarming for my close family and friends.
So I did have a lot of fallout, unfortunately, as I followed my pleasure and my passion and my desire.
And as difficult as that was, I'm so glad I didn't let that stop me because the amount of money I've made, the legacy I've been able to leave behind for my children, the people I've been able to support through both my life coaching business and through my OnlyFans work has been worth it a hundredfold over.
So something very interesting that you've done is you didn't just rely on one platform. I think throughout the history of social media or even when we used to sell a lot on Amazon, we fall into this trap and this danger of relying on one single platform to control everything because we know we are not really in control when the platform is in control.
So what have you done to diversify yourself than just focusing on the content creation?
Yeah, we don't own the platforms that we use, right? And so this is where we do have to abide by the rules. I see a lot of people get upset by the rules of the platforms, but we're using it in a lot of these platforms like Instagram and Facebook for free. So we can either get mad or we can learn to abide by the rules, but also be smart and diversify.
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Chapter 4: What diversification strategies does Nikole recommend?
So typically as a creator, you're always going to have multiple accounts because... Things happen, even if it's not even an adult thing, just sometimes accounts get shut out. I had an Instagram account with zero violations just get shut down and had 25,000 followers and it was gone, right? So we have to be smart about having multiple social media accounts.
I have OnlyFans, I have Fansly, I have ManyVids, like I have all these other sites. And I think that really what really made people aware of the smartness of diversifying is back in 2020 when OnlyFans was going to shut down the adult sector and people were freaking out because everyone had put all their eggs in one basket. So it's just a good lesson. We've all here repeated.
It's very cliche, but it's very true. Don't put all your eggs in one basket. Things are always changing. Things are always moving. And those of us who make it are the most adaptable.
I remember that in 2020. I don't exactly understand why they because it seemed like that's what they were known for. Right. And whatever you're known for, you want to double down, triple down on the thing that you're known for, not do a complete 180 away from it. What do you think is the appeal for the person that pays on OnlyFans? Like, why go to OnlyFans? Why is OnlyFans become so big?
Chapter 5: How can creators price and monetize their content?
I think it's a couple of things. I think it's normalized adult work for the average person. Now you don't have to be a six foot, hundred pound, blonde hair, blue eyed model. You could be a mom of five who works from home. That's me, right? So it really gave the power to the masses. And I think COVID really blew it up because everyone was working from home.
People lost their jobs and you need to make money. So a lot of people turned to OnlyFans and similar platforms to do just that. So I think just it giving the power to the masses and the timing of it was kind of perfect and it blew them up to be the number one platform in many ways.
I'm so excited about the creator's economy. I think if you ask anyone under the age of 25 what they want to do when they grow up, They want to be a content creator. And I think if you ask older people, they would love to do it, but they don't even have it in their mind that it's something they can do.
I was reading some stats that OnlyFans, and don't quote me 100%, but OnlyFans last year gave out like $6 billion plus in payments around the world. It's crazy. So how do you see the future of content creation happening among different generations?
Yes, you see that shift right from traditional workplaces to now non-traditional workplaces and how by the time my kids are in college, they're gonna have degrees that we don't even know about at this time. The economy is changing so quickly that I'm genuinely so excited for my children. I have my master's degree. I love traditional education and I love being an entrepreneur.
And so I love that I get to bring that to my kids of like, yes, there's a lot of value in traditional education pathways. There's also a lot of value in being a creator and like taking charge of your own reality, find your sweet spot and run with it. So I just think like staying open to the possibilities and you know me, I really believe our pleasure leads to our greatest profit.
So I teach my kids and my clients, what turns you on the most? What lights you up the most? What's the thing that keeps you at night because you feel so excited about it? we can monetize that. We can monetize anything with this modern day economy. And I feel like that is one of the greatest gifts it's given the average person.
It's very interesting when we look at the future of intelligence. We had an interview with someone who's really been in AI for two decades. And they were talking about how, in their opinion, IQ will not matter in the future. It'll be EQ and emotions, right? You can learn anything. You can get any information on the phone through chat, TBT or AI in the future.
So what's the point of even being so smart? It's the emotions. It's like you say, what makes us still human?
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Chapter 6: What skills are essential for content creators?
Chapter 7: How does Nikole view the future of the creator economy?
So I teach my kids and my clients, what turns you on the most? What lights you up the most? What's the thing that keeps you at night because you feel so excited about it? we can monetize that. We can monetize anything with this modern day economy. And I feel like that is one of the greatest gifts it's given the average person.
It's very interesting when we look at the future of intelligence. We had an interview with someone who's really been in AI for two decades. And they were talking about how, in their opinion, IQ will not matter in the future. It'll be EQ and emotions, right? You can learn anything. You can get any information on the phone through chat, TBT or AI in the future.
So what's the point of even being so smart? It's the emotions. It's like you say, what makes us still human?
I love that. I'm, you know, in my coaching business, we're really about emotional intelligence, emotional mastery. It's no longer enough just to be the smartest in the room. That's not, things have changed so much since my parents' generation and is so much of it is emotional intelligence, so much of it is social networking. And there's a common phrase that says,
You know that AI is going to take over or replace people's jobs. No, it's not AI. It's people who know how to use AI, right? So I'm already incorporating AI into both my businesses, both my life coaching business and my OnlyFans business. And I feel really good. I don't feel like I'm being left behind. I feel like I'm being smart.
Speaking of diversifying, I trust a lot of my human skill, but I'm also smart enough to utilize advanced technology if it's going to help grow and expand my business. So you don't have to live in fear of it. You need to learn how to use it. And that, again, is another thing that will either inspire you as an entrepreneur or will deter you from an entrepreneur.
It's not as simple as just like wake up one day, make a lot of money. You have to learn how to use the current tools to grow and expand your empire, your business or your company.
So I know you have a coaching and you're helping other people who want to enter into the space of content creation. What would you say that you're hearing from them and your personal experience as to what some of the misconceptions are of the creator on OnlyFans?
Yeah, there's this fear of you can only be one thing. If I have an OnlyFans platform, then I guess it's all I can be. No one's going to take me seriously if I also want to be a public speaker. No one's going to take me seriously if I want to be part of the PTO at my kid's school. No one's going to take me seriously. And I'm living proof that that's not true.
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Chapter 8: What advice does Nikole have for aspiring creators?
Whoa. One day I'm like, Hey, I spoke to Nicole Mitchell, the billionaire. She's on the Forbes list. Look around.
She was just a multimillionaire when she was just a cute little multimillionaire. I got to meet her and now she's a billionaire.
We can't even get another interview. She's way too busy to, Hey, it seems if you can do what you've already done, why can't you? I almost feel getting to where you're at is the hardest part. And then it's easier to get to the next level.
I agree. You know, like I have found making the first million is the hardest. After that, now, once you cross that seven figure, you just now know the next seven figures is inevitable. So I don't even stress about my next million. I just know I'm going to hit it. But the first million, you're like, am I, am I, am I? So if everyone is listening, it gets so much easier the farther you get.
So don't give up. Don't quit short because it does get easier. It does get better. I work the least amount of hours I've ever worked in my life. And I'm making the most money I've ever made. And it seems unfair that that's how it should be. Like you work so hard in the beginning. You make so little. But the flip side is so freaking worth it.
So when it comes to like OnlyFans, people make all kinds. They make anywhere from $100 a month.
to a million a month i've seen it all so i really believe it's like any other social media platform it's like instagram tiktok facebook the money you can make is unlimited you have to be smart you have to be strategic you have to be relentless you have to be authentic i think that works the best and you can make as much money as you want and this is what i help my only fans creators and all my clients really is let's find the smart strategic authentic
to make sure you're making the most money possible. And so I've made multiple seven figures on my OnlyFans and same in my life coaching business. It's unlimited. And I will say this, I get pushback on this, like, well, you're one of the lucky few, blah, blah, blah, blah, blah. I have worked with so many content creators that have blown up and make as much, if not more money than me.
So you can either say it's a fluke and say, I'm lucky, or you can get on board and become the next lucky one.
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