High Income Skills To Massively Increase Your Time Value & Impact

Want to learn some high income skills to increase your value and your worth?

Today you'll learn some time & wealth leverage strategies to do just do that.

You'll definitely want to stay tuned until the end because there are actually some things in your personal life that decrease your hourly worth.

If you're a business owner or have any investments, these strategies are ideal for you.

In today's example, we'll talk about a simple math formula that results in earning 1 million dollars in the course of a year.

The first step is to calculate the number of hours you'll work each year.

Let's say you work 50 weeks out of the year.

You save 2 for vacation and rest.

With an average of 40 hours per week.

50 x 40 = 2,000 hours you would work per year.

Now, $1,000,000 by those 2,000 hours.

To reach this target, each hour of your time has to be worth $500.

When you work, you want to keep the mindset that you're generating $500 per hour.

That number can go down if you work more hours. But let's use this for the sake of illustration.

For most people, this number is a stretch. For high-income business owners and investors, this is more within reach.

What high income skills have earned me $500 per hour when I work on them?

The first is building sales funnels.

This has been an amazing use of my time.

Let's say it takes 10 hours of learning the basics of sales funnel creation...
And 20 hours to build out 1 of them, that's 30 hours.

Having the ability to sell your product or service online 24/7 can greatly increase how much money comes in for each of those 30 hours you worked.

30 hours could translate to tens or hundreds of thousands of dollars.

It separates your time from your money.

This way you can experience disproportionate returns.

This is one of the high income skills you can have.

The 2nd thing you can do is purchase assets that are cash-flowing.

You spend your time sitting down to study investments.

Imagine putting 60 hours into finding an investment and you find 1 that you love.

You make a good investment, it's passive, and those 60 hours continue to work for you because you focused your time on this high value skillset.

Some people purchase real estate investments.

They put in 30-50 hours into the initial investment, and it continues to produce cashflow over time.

Once again, think carefully about where you are putting your time.

Are they spent on high income skills? Or things you can outsource to someone else for cheap?

1 of the next high income skills I learned was how to sell and communicate.

You can sit down and read a book. Or you can take a course.

And put that to use right away.

There is a reason why salespeople are the highest paid people in a company.

They actually influence the amount of cashflow the company makes.

When you can help people understand why buying a product or service will better their life, this is why salespeople are so value with their skills.

Many years ago when I was only making $120,000 per year...

I had a mentor who told me he made $2.7 million per year...

But he barely works more than a couple hours per week.

He only puts his time forward towards massive deals where he can get massive commission.

He doesn't toy around with website design or emails.

He makes sure he focuses on the high value tasks.

He was able to do this because he learned how to sell and communicate effectively to customers.

A 4th skill you can learn is how to manage and motivate people.

You can build out a team of people who build out products for you.

They run the marketing campaigns for you.

Other people are doing the lower-income tasks.

Over time, the amount of work they accomplish for you is well worth the 60 hours you put into learning how to manage the right way.

This is why business education is so important in your life.

Especially the soft skills of dealing with people.

The second part of this formula is fixing massive leaks in your time.

During our math above, I talk about how I focus on $500 per hour (or greater) level activities.

Are you putting your time into activities that don't bring in $500 or more in return?

Let's say you purchase an item from the store and it costs you $50.

It gets shipped and it doesn't work properly.

You have to spend a couple hours of your time waiting on the phone for customer service.

Waiting to speak with their manager.

Packaging it up and sending it to the post office.

You just lost 2-3 hours of your time.

At my valuation of $500 x 3 = $1,500.

Would it be a better use of your time to simply take the loss on the $50?

Think in terms of freeing up your time on the high income skills and tasks.

So if you're a business owner or investor who values your time at this rate...

Think about how you can better optimize your time for these types of tasks.

And focus on your high income skills along the way.