We are living in a skilled economy. The job-based economy is over.
Gone are the days when your degree was enough to get you a job. Today everything works based on skill. You can rule the world if you have skill.
There are fewer full-time jobs available than in the past. Not only that, as discussed in the previous article many jobs will be obsolete with advancements in technology.
Have you seen the kiosks that are replacing cashiers at McDonald’s? Have you ever spoken to an outsourced worker when you called a call center? Haven’t you heard the stories about companies going through “corporate downsizing”—you know, basically where they fire many people?
The world is changing. Regular full-time jobs are becoming less and less available. Companies are only keeping high-level executives and high-touch members as full-time staff—everything else can be automated, outsourced, or contracted. Not only that, but the full-time jobs that do remain are becoming too expensive for companies to keep.
With full-time jobs disappearing, contract work and freelance work are emerging, fueling the Skill Economy. People are being paid more and more based on their skills, not their credentials, experience, or job position.
However, not all skills are created equal—some reward you better than others.
Here are 11 High-Income Skills that will lead to massive success in 2024 and Beyond.
11 High-Income Skills You Should Learn for 2024 and Beyond
#1 Copywriting
It is salesmanship in print: crafting ads, sales letters, and sales pages in the most compelling way possible. Copywriting is arranging words to make a product sell better. If you’ve seen a billboard, a newspaper ad, a Facebook ad, or any Super Bowl commercial—that’s copywriting.
#2 Sales & Closing
Sales and Closing is one of my favorite high-income skills. Sale is extremely necessary to generate revenue. No Sales means no revenue. No revenue means no profit or no commission. If you can do sales, you can lead the business world.
#3 Creative Writers
Creative writing encompasses everything from ghostwriting, freelance writing, blogging, and much more. It is incredibly lucrative for creative minds and free thinkers.
#4 Consulting
A consultant is a creative problem solver who can look at a business from an objective view. They look at a problem and present a solution. In essence, consultants trade their expertise for money. A good consultant provides unbiased advice and expertise. If you have something you are good at doing, something your friends always come to you for help with or an area in which you know you excel, then you may have a start to consultancy business.
#5 Digital Marketing
Digital marketing includes mapping out funnels, managing Facebook pages and ads, growing Instagram accounts, building customer relationships, and more.
Digital marketing is a massive opportunity for young and ambitious people who are already familiar with social media. If you love social media, why not choose it as a High-Income Skill? With the boom of social media, companies can’t keep up with the trends.
If you can learn this high-income skill you can make a lot of money.
#6 Blogging & Content creation
Blogging is similar to creative writing, but if you have an independent blog, you can learn how to manage online marketing, run ads, drive traffic, and much more. It is an excellent High-Income Skill if you can create valuable content that helps other people. If you can combine excellent writing skills with marketing skills, you could be well on your way to making blogging your next High-Income Skill.
#7 Negotiation
Negotiation skills are essential for just about everything. Though you may not be paid thousands of dollars a month for this alone, it amplifies everything else you do. Whether it’s negotiating with clients, potential partners, or vendors, the negotiation could make or break the deal; this is one of the most critical High-Income Skills that makes all of your other High-Income Skills more effective.
#8 Public Speaking
More people fear public speaking than death. That means at a funeral, more people would rather be in the casket than delivering the eulogy. That’s why a very select few people have truly mastered this one. It’s not just being able to speak confidently in front of a crowd—it’s about communicating a story and a vision to the audience.
#9 Language Translation
With the rise of globalization, countries from around the world are starting to do business with one another. If you are fluent in multiple languages, then this would be a tremendous High-Income Skill to develop. Learning a language is not something most people can do in a short time. That’s why most will pay someone else to do it.
#10 Photography
I have a friend living in my society who is a high-end photographer who gets paid handsomely for his work. However, he is not just the “photo guy.” He works with his client to make sure he understands their needs and offers suggestions for shots that will capture the experience forever. It’s this type of care and empathy that allows them to charge high-end prices.
#11 Software/ Coding
Technology is becoming more and more pervasive in our world. Soon (and even now), AI and VR will play a massive part in our society. Programmers are needed in all industries—from marketing to health to finance, and even to create things like ai character chat bots. If you’re extremely analytical and programming suits your goals—go for this software coding. Enhance your software development expertise and learn to code intelligent chatbots that elevate user engagement and streamline business processes to make you a sought-after developer in the AI industry.
All of these examples have the potential to become High-Income Skills, but there are three High-Income Skills that I love: – Sales & Closing, copywriting, and digital marketing. They’re the ultimate High-Income Skills because they help other businesses generate revenue or acquire new customers.
These High-Income Skills are recession-proof, have the highest earning potential, and companies will always need these High-Income Skills regardless of how the economy is doing. When the economy is doing well, companies want more customers. When the economy is doing poorly, companies need more customers. Either way, people with these High-Income Skills are always in demand.
