- In this video I'm gonna help you figure out
how to make extra money and let you know why
this is probably one of the most important things
that you can do for your future.
Now this isn't a video where I rattle off
a bunch of different companies to you.
This is a video that's gonna help you identify
where you're at, how you can leverage what you already know,
and how you can add more things to your personal toolbox
to help you earn some extra money.
I greatly appreciate it if you Hulk smash
that thumbs up button, tap that screen real quick,
or click your mouse really fast
because allegedly every time you do that on all of my videos
a puppy gets adopted from the pound.
Tell me down in the comments if you like puppies
and then of course leave a comment about the video, too.
I recently read an article that kind of piqued my interest
and not in a very good way.
It was about being too old for your job
and too young to stop working.
This is something that I've thought about in the past
and it's one of the reasons that you're watching me
on YouTube right now to be honest with you.
We all like to think that we'll be able to find a job
in our current career field forever.
But I'm not sure it's as easy as it sounds.
Let's face it, most companies probably
prefer to hire younger people for a cheaper price,
than hold on to someone or even hire someone
who is older in like their 50s.
I have the data and I know the demographics of the people
who watch these videos and the vast majority of you
are in your 20s, 30s, and 40s.
Because of that this is something that you need to start
thinking about and taking action on well before
you hit your 50s.
You need to start thinking of your life
like it's a business that earns money.
Smart, successful companies will usually
want to have multiple streams of revenue.
Take Apple for example, they sell hardware like iPads,
iPhones, laptops, even watches now,
and all kinds of other physical products.
They also offer things like software and services as well.
If the sales of any of their products declined,
they will be just fine because they have so many other
things that they sell to customers.
They can make up for any of those losses.
It's the same idea with you and your current income.
You may have one full-time job right now
that pays really, really well.
But what happens if you lose that job for whatever reason?
You're going to be in a really tough spot
since you've put all of your eggs in that one basket
with that one company.
Because of this full-time job
where you work for someone else is a lot riskier
than you think.
So The first thing that you need to do is take stock
of these soft skills that you currently have.
Go grab a piece of paper and start writing this stuff down.
Indeed.com defines soft skills
as personality traits and behaviors.
They're not about the knowledge that you possess,
but rather the behaviors you display
in different situations.
Think of things like being good at communicating,
being creative, being a good leader, analytical,
a good problem solver, or even adaptable.
Keep in mind that even though you might not possess
some of these skills right now,
you can learn them through practice.
For example, I am a very analytical person who loves numbers
and working with all kinds of data.
That is the kind of thing that I do in my corporate job
and in my spare time.
But I've learned to be more creative and become better
at communicating through things like making these videos
on YouTube and even writing.
These soft skills you already know are going to help you
better define certain types of work
that will be a perfect fit for you.
Once you list out the soft skills you'd consider yourself
proficient at, list out a few that you'd like to get better
at and mark those as areas that you'd like to improve upon.
Next you need to list out any
hard skills that you currently possess.
Hard skills would be defined as job specific skills.
If you're a photographer, then you'll most likely know
your way around a camera and how to work it.
If you're a massage therapist,
then a hard skill for you will be that you actually know
how to perform certain massages.
And if you know how to edit videos,
then the hard skill you may have is working
in Adobe Premiere Pro or Apple's Final Cut Pro.
Some skills you have may not be so obvious to you
but are extremely valuable,
If you are not sure or you can't think of anything
on top of your head, then ask the people around you
to kind of get some ideas of what they notice
that you were good at.
Think of someone who is a good writer
and understands copywriting.
Knowing how to teach and educate others is a hard skill.
List out as many of these hard skills that you have
and then list out the ones you'd like to learn more about
and kind of get better at.
Now it's time to start brainstorming based on the list
that you've created for yourself.
Try to match up the soft and hard skills
that kind of complement each other.
If you can't think of anything then start Googling
how to make money doing X.
Here's a good example, if you were good at communicating
and you know a lot about knitting,
then maybe it's time to start some sort of a knitting class
in your local area or even start a website
or YouTube channel on that specific topic.
I've been really good over the years at helping people
solve their problems.
I love educating people and I know a ton
about personal finance.
So it made sense for me to create a YouTube channel
and a website based around like that type of thing
Did I have the hard skills when I came to knowing how
to work a camera, editing a video,
or making a thumbnail in Photoshop?
Absolutely not.
I didn't know anything about that kind of stuff at first.
Realize and be okay with the fact
that you don't know how to do everything that goes
into this new pursuit to help you make more money,
but you can always learn it.
The internet literally has all of the answers that you need.
That's how I learned the best kind of camera settings,
or how to do things in Photoshop,
or how to color grade my videos,
and even basics when it came to lighting my videos.
As long as you have the core hard and soft skills.
That's all you need to get started.
Everyone thinks that what they know isn't useful
and something other people wouldn't pay for
but I totally disagree.
The reason you might think that is because you know so much
about it that it just kind of seems obvious
that everyone else in the world
will already know about it, right?
Think of something you've heard about for the first time
in the past that kind of got you really super
interested in learning more about that thing.
If the person you heard that from had that kind of mentality
then they never would have written that book,
Made that YouTube video, or even mentioned it to you.
If I thought that way then I would have never created
this video explaining
what financial independence retire early is,
which now has over thirty three thousand views
that I make money from every single month.
I read a quote by Derek Sivers
that kind of sums this up really well.
"What's obvious to you is amazing to someone else."
So get out there and start putting your current skills
to use and learning about the things that you need
to kind of close the gap on where you might be lacking
and start making some extra money.
Your financial future could depend on it.
Thanks for checking out this video.
Make sure to Hulk smash that thumbs up button.
Leave a comment down below letting me know a skill
you currently have that could make you some extra money.
I'd love to hear it.
Check out the video links in the description to help you out
with all of your personal finance knees.
Knees?
What?
What your personal finance needs.
I'll see in the next one friends adios.