High Income Skills: Earn $100k+ Working Part Time
Jan 13, 2024Read time - 4 minutes / Disclaimer
Today let's review how to use high income skills to make more money and work fewer hours.
Our culture is often filled with long, stressful days with too many work meetings.
It doesn't have to be that way.
With the right set of skills, making more money and working fewer hours is also an option.
The problem is most traditional jobs trade an employee's time for a set amount of money.
Working more is the only way to get ahead in that situation.
This leads to burnout.
Work Smarter Not Harder With High Income Skills
High income skills generally consist of:
• You having knowledge on a certain topic.
• You completing a task involving that knowledge.
• You being paid a higher amount for task completion.
Doctors and lawyers are good examples. Although, not all skills need a degree.
Income is often based on completing a specific task.
This is much different than a salary or set hourly rate.
If you put effort into learning one or two of these skills, you can gain more control over your time and income.
Here's your action plan to develop high income skills.
1.) Identify Your Interests
Here are a few questions to help with this:
• What content do you view on your phone daily?
• What activities do you engage in when you're not at work?
• What can you talk about for hours on end?
Thinking through these questions will help you identify topics you're interested in.
If nothing comes to mind, continue exploring your interests to figure out what you enjoy.
2.) Match Your Interests with Professions
Make a list of professions involving the interests you identified.
Googling them + jobs is a good place to start.
Read about the different professions to ensure they match your interests.
It's difficult to make a lot of money doing something you don't enjoy.
List 5-10 professions you can explore further.
3.) Match Professions Requiring High Income Skills
Think of high income skills as high income "knowledge".
You want to identify professions that pay well for certain types of knowledge.
Some may need a few months of online training/certification.
Many do not need a college degree.
Filter the professions you identified based on income potential.
The best high income skills are relationship-based.
This means you're paid to complete a job at a high rate over and over again for the same customer.
A few professions you can generate $100k+ annually that do not need a degree include:
• Mortgage Loan Officer
• Web Development
• Real Estate Agent
• Copywriter
• SEO
The above examples all require specialized knowledge.
They're also relationship-based roles.
For example, a real estate agent often sells a home for the same client several times.
The best high income skills include long-term customer relationships.
4.) Learn & Practice
Decide which high income skill you wish to pursue and learn more about it.
Watch YouTube, buy online courses, and talk to people who already work in that field.
If your interest continues to grow, taking an entry-level position is your next step.
Working for a company is the best way to learn and practice within your chosen field.
You need training, guidance, and mentorship.
5.) Take Control Of Your Time
After working in your chosen role for some time, you'll transition from amateur to professional.
You'll have the option to move from employee to self-employed if desired.
For example:
• A mortgage loan officer at a bank.
• A copywriter at an agency.
• An SEO analyst at a firm.
After learning the job, these employees could work on their own if desired.
They can break free from the 8-5.
They've already formed many relationships over the past two years in their new field.
This makes the transition easier.
Doing high income skill work on your own also pays much better than doing the same work for an employer.
You're not settling for what the employer chooses to pay you.
You can work less and make more.
Conclusion
There are many types of high income skill roles. The best ones are relationship-based professions.
The longer you work in that role, the more your income will grow.
A real estate agent or copywriter in year five of their career makes much more than they did in year two.
This is due to repeat business from the same customers over many years.
Find those types of jobs.
They will allow you to earn $100k+ annually, part time.
That's all for today.
See you next week.