How To Figure Out What's Next For The Economy In A Few Easy Clicks

Skills are future currency. The more in-demand skills you have, the more money you will be able to make, the more control you will have over your income opportunities and the ability to diversify them. You can use your new skills in a full-time 9 to 5 job, to side hustle, or use those skills to launch your own business and become an entrepreneur. It's actually never been easier to change careers, so building in-demand skills is a quick way to make more money – because you can switch jobs much quicker once you have a skill that's in demand.

Thankfully it's never been easier to build new skills for free or inexpensively. It used to take decades working at a job to learn the ins and outs of how the company and position worked. In the old model, an employee would start in an entry level position, learn the ropes, and get a promotion every 2 years with a 5% salary increase into the next role managing the people who did the tasks below them. You spent your time managing people and learning new skills. If you stayed long enough with the company then you might work 10+ years to reach the level of senior management. Your experience was aligned with compensation and later promotions depended on less on your value and more on the position opening up from someone up above moving out. This was the old school model.

Now with YouTube, online courses, and mentorship, you can learn new skills rapidly and have an immediate impact on your company's or your own bottom line. As I previously shared, I learned how to do digital marketing in 60 days on YouTube and went from making $50,000 to over $400,000 in one year! It was this shift that was the biggest driver in my millennial millionaire strategy.

I was able to increase my salary and income by 8x in 2 years because I built an in-demand skill set (digital marketing) and continued to diversify my skill set. My friend Judith increased her salary from $50,000 to $225,000 in 3 years making moves from her graphic design job to leading sales for a tech company.

While I am a bit of an extreme example, the principle still applies that skills allow us to create value – which we can then monetize. You can learn almost anything for free through online courses to diversify or develop an entirely new skill set. You can learn pretty much anything required to run a company in a few hours online. Once you feel like you've learned it, then pay an expert for 15 minutes of their time to answer your questions to fill in the gaps.

The skills most in demand today and into the future will be a mixture of hard and soft skills, including analytics, coding, digital marketing, and selling, branding, and design.

Here are the skills you need to future proof yourself.


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Source : http://www.businessinsider.com/how-to-make-more-money-self-made-millionaire-2017-9

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