7 Skills That Will Make You Rich

Are you willing to know the 7 skills that will make you rich? Have you ever heard that lack of money is a little bit of a problem? You know what? Lack of money is never, ever, ever a problem. What I mean by that, lack of money is simply a symptom of the problem, but it is not the cause of the problem. What the problem really is, is a lack of skill.

7 skills that will make you rich
Businessman on virtual computer screen click on skills on blurred background.

Have you ever heard stories of lottery winners who suddenly win for money coming into their lives, millions of millions of dollars, only found themselves a few years later broke, bankrupt.

Actually, sometimes, worse off when they were financially. Now, why is that? They have money but they don’t have the skills of the rich. So, today I am going to teach you the seven skills that I have mastered.

There exist seven essential competencies that, in my view, you must grasp and excel in, should you aspire to achieve financial prosperity.

Now, as I delve into each proficiency, I invite you to introspect and pose this query to yourself. Subsequently, share your thoughts in the comments section, and gauge your proficiency on a scale of zero to 10, where zero denotes an abysmal grasp and 10 signifies unparalleled expertise.

Let’s begin this journey.

The Art of Closing The Sale

Mastery in engaging with customers persuasively is the first cornerstone I emphasize. This skill, often referred to as the art of closing, is crucial. Can you adeptly close a deal? Are you capable of articulating the value of your offerings to potential clients? Do your inquiries possess the potency to drive individuals towards a purchase?

Are you comfortable talking to strangers, presenting your ideas, demonstrating your product or service?

Closing skill, I believe, is one of the most important, if not the most important skills you need to

master, if you want to be rich. When you are talking to customers, you’re closing. When you’re talking to vendors, try to persuade them to give you better terms, Guess what? You are closing. When you’re talking to your employees, you are closing. So, that’s skill number one.

PUBLIC SPEAKING

The number two skill that would make you rich, and that is the ability to speak to groups.

I call that public speaking skill. You see, do you know the number one fear that most people have in life?

It’s not snake and it’s not even death.

The number one fear that most people have is public speaking. Now, why do so many people, why are they afraid of speaking to groups? Most of the time, because they worry about if they gonna sound stupid, or how do they look, or they are afraid because they might say something wrong. All these things, but you look at great leaders, almost all great leaders, they’re all great public speakers, such as

Steve Jobs, right? Such as Tony Robbins, Warren Buffett.  Develop self-confidence and Improve yourself through public speaking.

So, ask yourself, are you afraid to speak to groups? Do you know how to present your ideas to groups?

Can you communicate with conviction and certainty? Can you interact with your audience?

Maybe you get sweaty palms. Maybe you are like me, in the beginning, your face will turn pale, your knees would be locked. That’s okay. It is a learnable skill, but in order to be rich, public speaking is one of the most valuable skills that you must master.

COPYWRITING SKILL

The third skill that will make you rich, and that is the ability to communicate with words in print, or what I call persuasion in print. I refer that as your copywriting skill. Now, notice that I said copywriting skill.

Now, copywriting, I am not talking about being all grammatically correct, although it is good to do that, but I’m not talking about what you learn in school, academic writing, I am talking about communication.

I am talking about, maybe it’s your webpage, your video. I am talking about your email. How do you communicate with the written words? Now, why is this so important? Because, in day-to-day communication, the emails you send, all the social media posts, the agreement, the contract, your lending post, or your blog. A lot of that is written communication and when you know how to communicate effectively through the written words, it gives you a tremendous amount of leverage.

LEADERSHIP SKILL

Now, let’s delve into the fourth pivotal expertise: your capacity to communicate in a lucid and impactful manner within your team. This pertains to your leadership prowess.

7 skills that will make you rich

To excel as a leader, your prowess in communication is paramount. Are you well-versed in your company’s overarching vision? More importantly, are you effectively transmitting this vision to your team members? Do you possess the skill to articulate the vision crisply and compellingly?

Furthermore, do you possess the acumen to cultivate a positive and robust organizational culture? All these facets intertwine to form your leadership aptitude. Remember, in the realm of business, it’s not a solitary endeavor; it’s not merely a mental challenge but also a collective endeavor—a team, an organization.

You are only as good as your team. It is very, very important to develop that leadership ability to be able to inspire, to motivate and lead your team.

PRIORITY MANAGEMENT SKILL

This is the ability to manage and organize your time for maximum results.

Some people refer that as time management. I refer that as priority management because, at the end of the day, we all only have 24 hours a day, seven days a week, and 365 days a year. You cannot actually manage time because we all have an equivalent duration of time. However, what you can manage, is your priorities. What are the important things you’ve got to focus on? One of the important things that would move the needle, that will help you move closer to your goals.

Furthermore, if you can consistently harness your time resource with precision and efficacy each day, while concentrating your efforts on a select few priorities—those core two or three actions that you’re aware will invariably yield your desired outcomes—then you’re steering towards success.

Affluent individuals grasp this fundamental truth and recognize the significance of their time. This discernment prompts them to sidestep what I term as “minimum wage activities.” Should a task be achievable by someone else for a cost lower than your time’s value, it’s prudent to delegate it.

FINANCIAL LITERACY SKILL

This is the ability to read financial statements. I call that financial literacy skill. In the real world, in the business world, we look at the financial statements. Your financial statements, they are your score card. It tells us how well you are doing financially. How well are you managing your money?

Now, you may thinking, “Well, are you asking me to be an accountant, or take an accounting course,

or be a bookkeeper, things like that?” No, but you do need to understand the language of money.

Financial literacy, that’s the language of money, how money works. Your balance sheet, your income statement, your cash flow statement. When you look at the statement, you look at numbers and you’re like, “Oh my God, man, I don’t know what’s going on,” or, “I’m not making enough money this year, in this poll”, or, “I’m having a loss this year in business,” or can you read between the lines?

What is it telling me? What is the story? How am I managing my money, right? And you need to understand the basics of some of these vocabularies of money: credit score, return on investment, profit and loss, capital gain, capital loss, depreciation. A lot of these words, that is what you have to understand. You cannot improve something you don’t measure. So, financial literacy is an extremely important skill you must master, if you want to be rich.

MINDSET SKILL

Skill number seven: and that is the most important skill out of them all, and that is the ability to manage your own mind. I call that your mindset skill. Frustration, negativity, fear, envy, depression, limiting belief, procrastination. How do you manage your emotions? How do you manage your mind?

You see, you could get all of the other six skills right, and you can master all other six skills, but if you don’t have your mindset right, it is not going to work.

What are you feeding in your mind? How many times do you know exactly what you need to do to accomplish your goal, to achieve result, but you cannot get yourself to do it because of procrastination. Maybe, how many times in your life you have opportunities slip through your fingers and you cannot get yourself to step up and take action because of self-limiting belief. Or, what about, how many times that you know that other people believe in you but you don’t believe in yourself because of self-limiting belief. That’s all mindset skill. So, those are the seven skills that will make you rich. If you want to know how I went from a poverty consciousness, a poverty mindset, to a millionaire mindset.

Related Articles

HOME PAGE

Productivity isn’t about time management it’s about attention management

Leave a Reply

Your email address will not be published. Required fields are marked *