If you want to be rich you’re going to want to master these 7 skills below.
1. Public speaking
No matter what you really do in life you’re going to end up doing some form of public speaking even programmers such as elon musk have to do public speaking. If you’re looking to raise money for your startup, if you are looking to interact with a group of people to get information, if you are get trying to form a mastermind or a network of people around you, you’re going to be need to be good at public speaking in some way shape or form. It’s an essential skill to not only you can use it to make money, but not only that as you can use it to surround yourself with the right sorts of people in your life.
2. Time management
Now if you’re an entrepreneur any sort of commission based employee managing your own time is your responsibility. It’s also one of the biggest problems of working for yourself we all know that working a job isn’t going to make you rich, but most entrepreneurs fail with time management, most entrepreneurs do not have the discipline to not be distracted while they are working. Most entrepreneurs do not have the discipline to tell their wife or husband. Most entrepreneurs don’t have the time or discipline to tell their three-year-old daughter, I’m working I have to continue doing this.
Copywriting is the skill about being good at writing words on in an email, or on a web page or in an ad, and being able to convince create interest in whoever you’re speaking to to make them to want to click, to make them to want to read and to make them to want to buy whatever product or service it is you’re trying to sell. Copywriting is the essential skill of internet marketing of reaching people through the internet through facebook, instagram, youtube, google, etc.
Copywriting is the art and skill of forming words I call it a form of magic using words to create an action, and to make money using words to get people to want to give you their money, is a form of magic and when you deploy that on the internet. The effect can be thousands of people all around the world sending you money for a product or a service, and it’s magical and that’s made me a millionaire
4. The skill of creating a good mindset
Training a good mindset inside of yourself so that you’re constantly hungry like a wolf you’re constantly tenacious you’re constantly figuring out and you’re able to suss out where is the best time to put your time not allowing yourself to get emotionally distracted by shiny objects or opportunities creating a focus within yourself so that you’re always focused on the right thing at the right time.
It’s a skill understanding what your true north is your mindset and understanding how to best deal with all of the thoughts that bubble up in your brain all the doubts all the concerns, all the questioning all the excitement, all the opportunities understanding, how to deal with the flow and the bubble of thoughts and emotions and continue on your true north is a skill, and it’s a very difficult one how do you know which thoughts you can trust right. How do you know which emotions you should take seriously and you add all of these up and you create for yourself a powerhouse.
Design is the third skill to have an aptitude in to have some sort of skill in to understand how to put not just words on a page but how to how much white space or where to put a button, where to put a call to action, where to put different sections of a web page, how to make things look nice and design is just so important when you’re putting together web pages or funnels I use it every day to create marketing funnels in order to convince people to buy whatever product I’m an affiliate marketer for.
Most entrepreneurs find it too easy to fall into the trap of social media or tv or other sort of mindless hobbies to suck their time away. If you’re an entrepreneur you need to get good at time management and you need to be disciplined and you need to figure out what works for you to manage your time, so that you can be effective and efficient
6. Understanding taxes
Understanding the legal laws around taxes, understanding how to be efficient with taxes, understanding how to not give all of your money away at the end of the year due to taxes will actually be one of the biggest skills that you can have taxes are generally every business’s single biggest expense and understanding the laws and the incentives around taxes is a skill, and it’s a skill that can be learned and once it is learned, you don’t have to worry about it again now.
7. Financial literacy
Financial literacy is the most important skill to learn understanding the flow of money understanding profit and loss, understanding cash flow depending on the business you’re in if you are in an e-commerce business, you’re floating a lot of money you have money in inventory you have money in owed to suppliers, if you’re an affiliate marketing generally speaking you are earning money quicker, you’re in a cash flow positive business which is nice but understanding the differences between what is a cash flow positive business. What isn’t cash flow negative business what are your real margins, how much are you actually paying yourself, are you paying yourself a salary, how much are you really making.
Understanding the numbers of your business is possibly the most important skill it’s also the most lucrative skill that people are paid for just in the world financial managers family wealth management, offices, hedge, fund managers, stock traders, anybody dealing with the flow of finances and money are some of the most highly paid professionals in the world and for good reason understanding the language of money of finances is one of the most important things you can learn whether you are on wall street or whether you are just running your own business. So get smart with finances
Lack of money is not the problem lack of skills is now, let me know in the comments below which do you need to practice the most: is it copywriting is it, public speaking, is it design, time management, taxes finances, or mindset, which is your weakest skill right now which of these skills is the one you need to work on personally the most? Let me know in the comments below.