Unleash Your Potential: 13 Lucrative Skills You Should Start Building Today

EARNING A LIVING
Boost Your Income with These 13 Lucrative Skills
Post by
Marc Andre
Last Revised
November 30, 2020
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Months or years from now, you’ll wish you’d discovered paths to financial security sooner. Thankfully, it’s never too late to develop a useful, high-demand skill set. The right know-how can keep you employed and steadily produce income no matter what the world throws your way.

Maybe you’re already good at something, like public speaking, computer programming, or writing. Great! Let’s find ways to turn those skills into extra cash. Or, perhaps you want to learn something new. In that case, this list will guide you towards some of the most lucrative skills you can acquire.

High-Income Skills

1. Artificial Intelligence/Machine Learning:
Mastering machine learning can lead to a highly paid career in artificial intelligence. Machine learning engineers develop systems that learn and adapt without human intervention. The growth of AI is rapid, making those with this expertise highly sought after.
The average salary of an AI engineer: $164,769 (source: ZipRecruiter)

2. Public Speaking:
While not everyone enjoys public speaking, if you can conquer stage fright or are naturally gifted, it’s a highly valuable skill. Prominent public speakers started out somewhere, so with practice and persistence, you could join their ranks.
Average salary for a public speaker: $105,034 (source: ZipRecruiter)

3. Software Engineering:
Software engineers design and create software systems. They generally have qualifications in computer science or programming. This skill is demanding but offers excellent pay, especially if working for a well-funded organization.
Average salary for a software engineer: $99,729 (Source: ZipRecruiter)

4. Coaching/Consulting:
If you have deep knowledge in a specific field, providing advice in that area can offer a rich financial reward. It also has the advantage of drawing on already-held expertise, though refining communication or teaching skills can greatly enhance your performance.
Average salary of a consultant: $83,450 (source: ZipRecruiter)

5. Web Development:
A digital world implies a never-ending need for web developers. These professionals help to create and manage websites, ensuring optimal speed, usability, and performance. Formal qualifications are not always mandatory, but previous work and experience can showcase your talent to potential employers.
Average salary for a web developer: $73,073 (source: ZipRecruiter)

6. Digital Marketing:
This skill encompasses promotion and advertising through digital channels. Well-versed digital marketing specialists are highly sought after because of their expertise in spreading brand awareness and engagement reach, globally.
Average salary of a digital marketing manager: $71,914 (source: ZipRecruiter)

7. Technical Writing:
Technical writers provide documents for easier comprehension of technical information. They are skillful in technology, problem-solving, and communication, able to produce clear, concise documents.
Average salary of a technical writer: $69,365 (source: ZipRecruiter)

8. Web Design:
Web design combines creativity with technical know-how, ensuring a user-friendly and attractive website. The competition is fierce in this field, but for those with proven talent, compensation can be very rewarding.
Average salary for a web designer: $60,202 (source: ZipRecruiter)

9. Copywriting:
This involves creating promotional text to enhance audience engagement levels, sales, and overall brand awareness. The skill can offer either primary or secondary income. A talented copywriter, grounded in effective marketing strategies, can earn quite a lot.
Average salary of a copywriter: $59,084 (source: ZipRecruiter)

10. Search Engine Optimization:
Known as SEO, this skill deals with how websites are ranked on search engines. High-ranking sites garner more traffic, which every business wants. SEO specialists, hence, can command high wages.
Average salary for an SEO specialist: $54,144 (source: ZipRecruiter)

11. Trades:
People with trade skills like plumbing, electrical work, or construction are in high demand. Lots of people need these services, and given the level of expertise required, they are usually well-paid jobs.
Average salaries for a plumber: $50,641 and an electrician: $49,937 (source: ZipRecruiter)

12. Sales:
A successful salesperson can earn a considerable income in any field. Many sales jobs include a commission system that financially rewards successful sales, making the field lucrative and exciting.
Average salary for a salesperson: $47,187 (source: ZipRecruiter)

13. Entrepreneurship:
While risky, with the self-employed nature of entrepreneurship comes the freedom to earn vast sums of money. Business-minded and risk-taking individuals can follow in the footsteps of people like Jeff Bezos, Oprah Winfrey, and Henry Ford.
Average salary of an entrepreneur: $43, 430 (source: ZipRecruiter)

Conclusion

Whether you’re considering a new career or looking for an income supplement, enhancing your existing skills or pursuing new ones can greatly increase your earning potential. Having multiple income sources is always a wise choice. The development of your existing skills or the acquisition of new ones can give you both financial stability and a general sense of fulfillment.

(Note: Information regarding investment platforms removed for brevity and current rewriting instructions.)