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- Don't fall behind. High income skills you need to know.
Don't fall behind. High income skills you need to know.
There are people out there who would know how to get to $1m in net worth within 3 years if they had to start from 0 today. This is because our net worth is mostly the result of the knowledge and skills that we have.
If you can find a way to improve your monetizable knowledge and skills, you can reasonably expect your net worth to increase.
In this email, I will show you 4 skills that are highly valuable in today’s economy.
1. Email Marketing and Newsletter management
To make money online, you have to be able to get people to see the things that you are selling. If you cannot do that, you will not make money.
One way to get people to see your products is with the use of social media marketing where you post content to social media and send people directly to your offers. But the problem with this is that you are effectively renting an audience because you do not own it and the algorithms can change at any time.
The next way is with paid ads, but again, you are only renting the audience for a short term gain.
Instead, what you want to do is direct the audience to a platform that you own. The easiest way to do this is to direct people to your email list or newsletter. You mostly own this audience and do not have to rely so much on algorithms working in your favor.
Once you have people on your email list, you also have the ability to market to them multiple times and with multiple different offers.
So, if you want long term success, it is crucial that you make sure to send people to your email list.
2. Social Media Marketing
While you don’t really own your audience on social channels, it is still important to be posting to them. This is because you can use it to grow your email list and because you can still sell to it.
In order to grow on social media, it is important that you have good content systems and that you know what type of content goes viral. I go into detail about this in the Digital Creator 2.0.
3. Paid Marketing to Grow Your Email List
While organic growth is important, paid marketing strategies allow you to find your exact target subscriber and grow quickly.
By investing in paid ads, you gain the ability to directly reach your ideal subscribers, reducing your dependence on ever-changing social media algorithms.
The way you should do it is by sending people to a lead magnet which gets them into your email list.
In order to get a positive ROI quickly, you should use Sparkloop Upscribe or Beehiiv boosts which give you a commission for referring other newsletters.
You can also have a digital product that you sell in the welcome sequence.
By doing those 2 things, you can often break-even on the acquisition of new email subscribers effectively allowing you to get them for free.
4. Content Creation and Design
Creating content that goes viral isn't just about luck; it's about understanding what captivates people. Developing skills in content creation and graphic design allows you to produce eye-catching, sharable content that not only attracts attention but also maintains it, ultimately growing a dedicated audience.
Each of these skills doesn't just add to your capability but multiplies your opportunities for income. By integrating these strategies, you set up a robust framework for financial success in the long term.