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Times are tough. However, I am here to remind you that tough times don’t last, but tough people do. As you quarantine at home, make use of the time and the opportunity you have right now to develop some essential money-making skills.
Think about this: What do all the wealthy people have in common?
Wealthy people don’t belong to a particular field of profession. Wealthy people also do not have the same experience level. However, what’s common among wealthy people is the fact that they have all become successful in their lives because of their skills.
People either learn skills in school or by application. While determination is what drives people to become successful, it is the application of skills that makes them stand out from others.
What’s also great to know about skills is that they not only help you grow in your professional life, but also make you efficient and organized in your personal life.
So take the time to develop or enhance these skills. Here are the top 10 skills that can make you money.
1. Leadership Skills
Leadership is the most important skill amongst all the other money-making skills. Being able to call the action and take initiative is not only important in a job that requires you to lead from the front, but also in your life when you are looking to create a steady flow of income from other sources.
Without taking initiative, you just cannot move forward. You would be stuck in the same position for a lifetime, no matter what that position is. That is why you need the leadership skill. When you apply this skill to your financial life, you evolve personally and professionally.
So take charge of your finances and lead from the front. Take initiative and think of all the ways you can make money flow into your life.
2. Research Skills
If you are thinking to invest your money to make more money, you need research skills. Let’s face it. Unless you know the stock market inside out, you would not invest in it. Same applies to all the other investment options out there.
Even if you are not into investing, you still need this skill to know what you are getting into. Before taking on a completely new project, make sure to research about it very well. You don’t want to be tied up with a 5-year job contract that pays you well but makes you do the tasks you absolutely hate to do.
To avoid any financial troubles, make sure to research well. You will only learn more about the options available to you and you will be able to make wiser and informed financial decisions.
3. Public Speaking Skills
This is a no-brainer. If you are able confidently to speak in front of the public, and if you pursue a career in public speaking, you can make a lot of money.
If your career is something completely unrelated to public speaking, you can always share your experiences and your success stories with people. People always want to know more about how they can make their lives better, you can provide such value through your occasional speeches at seminars and webinars.
The power in public speaking is that you can influence the audience and change their life as a speaker. So, master the art of public speaking and start making money!
4. Technical Skills
It’s 2020. You have to have technical skills to make the big bucks. Technical skills range from knowing how to operate a computer to writing programs in C++.
You do not have to be a master programmer though to make money. Employers are always on the lookout for people who know how to operate a computer and use simple software such as MS Office.
You can also use your technical skills as a freelancer and make money by providing services on Fiverr.
5. Organizational Skills
Organizational skills are important to keep your financial life organized. When your financial life is organized, you have a clear idea about where your money is going and from where your money is coming in.
When you have your financial life organized, you would know the exact amount you need every month or every year to meet your financial goals. Then, if you find out that you are making less money than you should, you can look for other ways to make money.
Emma is a powerful tool that allows you to organize and manage your finances better. Truebill is another all-in-one finance app that allows you to take control of your financial life.
Tip: Click here to learn how you can take control of your financial life by only using the Truebill app.
6. Interpersonal Skills
Interpersonal skills, also known as people skills, are skills that you use when interacting with others.
These skills are essential for your success. Only when you effectively communicate your ideas with others, people pay serious attention to you. With interpersonal skills, you can get your thoughts, opinions, suggestions, feedback and ideas across with ease.
Having good people skills also means that you are an easy person to work with. If you are an expert in a field but people don’t like working with you, you may not reach the heights of success you have been aiming for. For this reason, it is necessary to fine tune the way you communicate and interact with others.
7. Creative Thinking Skills
When you are looking for ways to make money, you should think outside the box.
There are plenty of straightforward ways to make money, for example, by finding a job or driving with Uber. But if you are looking establish a permanent source of income, then you have to think creatively. Put your creativity to work by doing what you are good at and by doing what you like to do.
When you apply a personal touch to things by doing what you are good at, you can open up ways to let your creativity flow. The ways in which you can let your creativity shine could be reflected in anything from creating digital content to opening up a restaurant.
8. Networking Skills
Networking skills are also very important if you want to succeed in your career. Why is networking so important? Networking is important because you can get ahead in your life quicker if you have strong and right connections.
Networking is all about building new and maintaining existing professional relationships with people. However, networking is not everyone’s cup of tea. Some people are naturally good at this, whereas others are not.
No matter how good you are, you should pay special attention to certain things while learning this skill. For example, networking requires you read the body language of the other person well in order to communicate effectively. With practice and with time, you can develop excellent networking skills.
9. Time-Management Skills
With all of the things you do in your daily life, it is vital for you to manage your time well. Managing time well allows you to spare some time to first think about new ideas and then act on those ideas to make money.
If you do not manage your time well, you may end up watching movies on Netflix or playing video games every single evening. Unless you set apart some time to think about your future self, you cannot create new streams of income.
Managing your time well is extremely crucial. Remember that time, once gone, never comes back. So use the time that you have wisely.
10. Problem-Solving Skills
Solving problems effectively is not only important in your personal life, but also professional life. Having said that, you can create a solid career for yourself if you have the ability to effectively and quickly solve peoples’ problems, no matter what they are or how small they are.
However, if you are not willing to solve peoples’ problems and making a career out of it, you still need this skill. This is because you cannot get stuck with a task for very long. As mentioned above, time, once gone, never comes back. This is why you should quickly resolve your problems and move on so that you can devote more of your time to other money-making activities.
Problem-solving skills involve research, thoughtful analysis and effective decision-making. You ability to resolve problems effectively and quickly could determine your financial future.
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Creative thinking and problem-solving are the make it or break it skills to have, in my opinion. This pandemic means we all have to think outside the box and come up with ways to innovate, which is key to being able to make money when the traditional means of earning an income are shut down.