How To Master A High Income Skill That Will Make You Rich!

Do you want to learn how to master a high income skill that will make you rich?

When it comes to making more money, the biggest challenge that a lot of people face is that they lack high-demand skills.

It is important to remember that you don't get paid for your time. You only get paid for the value that you provide.

Are you ready to learn how you can add more value and create the financial wealth and abundance that you've always desired? 

Watch the video below:

(Click here to watch on YouTube)

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When you add value, you generate more money.

Whatever money you are currently making, you need to understand that it is in direct proportion to the amount of value that you are adding. You may be thinking, “Stefan, you don't understand. I'm working really hard and putting in a lot of hours per week at my job. I'm adding massive value to my employer.” 

This may be true. However, in terms of the demand for the value that you're adding, you are only getting paid in proportion to what that value really is. For example, let's say that you work the cashier at a McDonald's drive-through. It doesn't matter if you work 60 hours per week. There will always be a limit to how much money you can make at that job. Why? Because the skill that is required to work there is not in high demand. This is not how you create wealth and financial abundance.

If you want to make more money, it's your job to develop your skills, expertise, and knowledge. Here is a 3-step action plan for how to master a high income skill that will make you rich. 

1. Choose A High Income Skill

Don't try to learn too many skills at once. A lot of people fall into this dabbler mentality trap. They start a lot of projects but they never finish anything. Focus on mastering one skill and leverage the hell out of it before you try mastering multiple skills at once. As Bruce Lee once said, “I do not fear the man who has practiced 10,000 kicks once. I fear the man who has practiced one kick, 10,000 times.”

Copywriting is a great example of a high income skill that you can develop. Copywriters are able to turn words into money. Essentially, they influence people to buy. I have friends that get paid 7 figures per year doing consulting work as a professional copywriter. If you got really good at this skill, you could create an entire business model around it. Like I said earlier, don't try to do everything. Choose one skill and master it. 

2. Spend Two Hours Per Day Developing Your High Income Skill

I recommend that you spend one hour learning about your high income skill. This could be in the form of training programs, courses, or books. Build a daily habit and go deep. Don't dabble and try to consume a lot of information about things that aren't relevant to your high income skill.

After that, spend the second hour actually practicing and applying your high income skill.

You will always learn more by doing, versus sitting down and watching videos. Unfortunately, a lot of people get caught in the trap of consuming too much information. As a result, they don't take action. Studies in psychology and neuroscience reveal that analysis paralysis takes a far greater toll on your productivity and well-being than just lost time. It can eat up your willpower, kill your creativity, and lower your performance on mentally-demanding tasks.

Practice your master skill first thing in the morning. Make it more important than anything else. This is your ticket to financial freedom. If you work for an employer where you can practice this skill on a daily basis, you will be able to accelerate your learning curve even more. Similarly, if you run your own business, choose a high income skill that will help you grow your business. This is what will allow you to make more money over the long term.

3. Generate Results and Revenue From Your High Income Skill

Once you've developed an intermediate skill set, now you need to start making money from it. Let's say that you develop a skill around search engine optimization. Find companies that are in a specific niche. For example, let's say that the dentistry niche. Maybe you come across a company whose search engine presence is mediocre. You could approach the owner of this business and offer them your high income skill.

You could create a personalized video saying, “Hi, I'm a search engine consultant and marketer. I was looking at your website and I saw a lot of things that you can improve upon. In this video, I want to offer some value to you and share some suggestions for how you can boost your rankings.” By the end of the video, you could say, “I would love to hop on a call with you and see how I could further help you grow your business.”

By doing something like this, instantly you demonstrate your authority and expertise. It becomes a no-brainer for a company to hire you. Over time, you can build up a portfolio to the point where you become a contractor and/or freelancer. There is no limit to the amount of money that you can make doing something like this. However, keep in mind that having your own business will always produce higher amounts of money. If you really want to create financial freedom for yourself, start your own business.

This is how you develop a high income skill.

Pick one thing, take action and go deep with it. If you do, I promise that you will start seeing results from your efforts. If your high income skill changes over time, that's OK. Yes, there will be times when you hit a plateau and crave something new. Whatever you do, don't give into this dabbler mentality. 

What is the one high income skill that you are committed to learning and mastering? Comment on the video above!

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