The Two Most Important Skills to Increase Your Income

Whenever I talk to someone who wants to make more money, I always tell them the same thing: You have to think about your life in the long term. Instead of just working to earn money and secure their future, which is undeniably important, I tell them to find a second job that will allow them to learn a second skill. If what they want is to train themselves in sales, I often recommend them to work in a large networked marketing company, namely in the multi-level marketing field. Some such companies offer unique training programs to help people overcome the fear of disgrace and rejection, which is the primary reason people fail.

In the long run, education is worth more than money.

The reaction of those is usually, “Oh, but this is a lot of trouble.”. I ask them: So, is it better to give half of your lifetime earnings to the government?

And some of them say, “All I want is to do the job that interests me.”. I tell these people that I’m not interested in going to the gym, but I do, because I want to feel good and live longer.

There is unfortunately some truth to the saying, “You can’t teach an old dog new tricks”. If the person is not used to change, it is difficult for him to change.

Some people make excuses if you talk about trying to learn something new. They don’t like to struggle. However, life is like going to the gym. Everything gets easier once you walk through the door. I get lazy to go to the gym many times. But after I get there and start exercising, I enjoy it. Finally, I leave the gym thinking that I am glad I came.

Rather than specialize in something, diversify your abilities. Know little about a lot. And always try to work with people who are smarter than you.

How many of us can make burgers better than McDonald’s? I guess everyone would say they could do better. So, if we know how to make better burgers, how come McDonald’s make more money than us?

The answer is obvious: McDonald’s is excellent in business. The reason so many talented people are poor is that they give all their attention to making burgers and not to establish a business order.

The world is full of talented poor people. They either struggle with financial difficulties or earn less than they deserve. Because they focus on making better burgers rather than improving their burger selling and serving skills. McDonald’s doesn’t make the best burgers in the world. However, no one gets even close to McDonald’s when it comes to selling and serving an ordinary hamburger.

Do not let your field of expertise trap you.

I know teachers who make hundreds of thousands of dollars a year. The reason they earn so much is because they have skills other than skills in their field. Apart from teaching, they also know about sales and marketing. In my opinion, there is no more important skill than sales and marketing. Acquiring sales and marketing skills is the nightmare of many people who are afraid of rejection. The more successful they are to communicate, negotiate and overcome their fear of rejection, the easier sales and marketing will be for them.

Specialization has both advantages and disadvantages. I have friends of genius, but they are incapable of communicating properly with others, and as a result, their income is very low. If they take the time to learn how to sell, their communication skills will improve even if they don’t make any money in the process. This is invaluable.

We need to be good teachers as well as good students, salesmen, and marketers. In order to be really rich, we must know whether to give or receive.

The poor always say: “If I had some extra money, I would donate it.”. They work harder to earn more money. But they ignore the most important rule of money: “If you give it, you get it.“. They think the rule is, “If you get it, you give it.”.

Are you interested? I think you should also read WHY YOU NEED TO INCREASE YOUR FINANCIAL IQ.

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