Read The Forum Rules: We have a clear set of rules to keep the forum running smoothly. Click here to review them.

Post Reply 
Making Money Lucrative Skills or Bodies of Knowledge?
Author Message
Beyond Borders Away
Peacock
******
Gold Member

Posts: 7,411
Joined: Aug 2011
Reputation: 251
Post: #1
Lucrative Skills or Bodies of Knowledge?
Assuming that your aim was to turn it into income or wealth, if you could wake up tomorrow having expert knowledge or skills in one area, what would it be?

For the time being, let's ignore the effort/time required to acquire that area of expertise and just get at the value of the knowledge itself.

"The individual has always had to struggle to keep from being overwhelmed by the tribe.
To be your own man is a hard business. If you try it, you'll be lonely often, and sometimes
frightened. But no price is too high to pay for the privilege of owning yourself." - Kipling
(This post was last modified: 05-13-2014 09:28 AM by Beyond Borders.)
05-13-2014 08:50 AM
Find all posts by this user Like Post Quote this message in a reply
[-] The following 3 users Like Beyond Borders's post:
Big Country, Chaos, JayD
Big Country Offline
Robin
*
Gold Member

Posts: 151
Joined: May 2014
Reputation: 3
Post: #2
RE: Most Lucrative Skills or Bodies of Knowledge?
I'm debating between Mechanical Engineering with the aim of creating a persistent energy source or,

Advanced Mathematical Algorithms, with the aim of gaming the stock market.
05-13-2014 08:59 AM
Find all posts by this user Like Post Quote this message in a reply
Chaos Offline
Pelican
****
Gold Member

Posts: 1,649
Joined: Feb 2013
Reputation: 105
Post: #3
RE: Most Lucrative Skills or Bodies of Knowledge?
BB. Come on! Let us know your choice?
05-13-2014 09:07 AM
Find all posts by this user Like Post Quote this message in a reply
[-] The following 2 users Like Chaos's post:
Beyond Borders, Onto
Beyond Borders Away
Peacock
******
Gold Member

Posts: 7,411
Joined: Aug 2011
Reputation: 251
Post: #4
RE: Most Lucrative Skills or Bodies of Knowledge?
^ Well, don't know if they're the most lucrative - that may have been poor wording (now edited) - but these could definitely be quite valuable skills to have that you could turn into money (either working for yourself or for others):

Sales Copywriting
Online Traffic Generation
Conversion Optimization/ multivariate testing
PPC
SEO (if you're not just talking out of your ass)
Email Copywriting
Content Marketing
Authority Blogging (I worded it this way purposely. A lot of blogs don't make shit, but done right, blogs can be extremely lucrative).
Phone Sales/Cold Calling

Some of these may seem simple, but I wouldn't sleep on them. The guys who know how to do them right are making a killing.

"The individual has always had to struggle to keep from being overwhelmed by the tribe.
To be your own man is a hard business. If you try it, you'll be lonely often, and sometimes
frightened. But no price is too high to pay for the privilege of owning yourself." - Kipling
(This post was last modified: 05-13-2014 10:17 AM by Beyond Borders.)
05-13-2014 09:18 AM
Find all posts by this user Like Post Quote this message in a reply
[-] The following 4 users Like Beyond Borders's post:
Chaos, Vaun, JayD, Vacancier Permanent
Beyond Borders Away
Peacock
******
Gold Member

Posts: 7,411
Joined: Aug 2011
Reputation: 251
Post: #5
RE: Lucrative Skills or Bodies of Knowledge?
Also, to add some context to my list, I personally believe the most lucrative areas of expertise for someone starting with nothing (most of us would be if we woke up tomorrow with this new body of knowledge out of nowhere), are business-building type skills that you can use to make money from scratch, with little to no start-up funding needed.

There are some extremely interesting investment strategies out there, but it seems to me the return is far greater if you can use the skillset to build something out of nothing.

That said, I started this thread to get insights I don't yet have, so more than eager to hear ideas based on other paradigms.

"The individual has always had to struggle to keep from being overwhelmed by the tribe.
To be your own man is a hard business. If you try it, you'll be lonely often, and sometimes
frightened. But no price is too high to pay for the privilege of owning yourself." - Kipling
(This post was last modified: 05-13-2014 09:41 AM by Beyond Borders.)
05-13-2014 09:37 AM
Find all posts by this user Like Post Quote this message in a reply
[-] The following 2 users Like Beyond Borders's post:
Chaos, Vacancier Permanent
2014 Offline
Banned

Posts: 232
Joined: Jun 2013
Post: #6
RE: Lucrative Skills or Bodies of Knowledge?
what do you think to Eben Pagan's stuff?
05-13-2014 10:27 AM
Find all posts by this user Like Post Quote this message in a reply
Beyond Borders Away
Peacock
******
Gold Member

Posts: 7,411
Joined: Aug 2011
Reputation: 251
Post: #7
RE: Lucrative Skills or Bodies of Knowledge?
^ I like Eben's stuff a lot. Smart guy.

I've checked out some of his course material and he's a great teacher. I also have a friend who went through his guru mastermind program and is an awesome marketer now that has done well for himself.

I didn't know him before this, so I can't say for sure whether he was decent at marketing before that, but he definitely took a lot away from the program and swears by it.

"The individual has always had to struggle to keep from being overwhelmed by the tribe.
To be your own man is a hard business. If you try it, you'll be lonely often, and sometimes
frightened. But no price is too high to pay for the privilege of owning yourself." - Kipling
(This post was last modified: 05-13-2014 10:38 AM by Beyond Borders.)
05-13-2014 10:32 AM
Find all posts by this user Like Post Quote this message in a reply
pitt Offline
Hummingbird
*****
Gold Member

Posts: 3,024
Joined: Apr 2011
Reputation: 47
Post: #8
RE: Lucrative Skills or Bodies of Knowledge?
Probabilities and Statistics. You could apply them into different areas, sports betting is one of them.
05-13-2014 10:49 AM
Find all posts by this user Like Post Quote this message in a reply
[-] The following 2 users Like pitt's post:
Rotisserie, Beyond Borders
jamaicabound Offline
Pelican
****

Posts: 1,618
Joined: Feb 2014
Reputation: 21
Post: #9
RE: Lucrative Skills or Bodies of Knowledge?
Obviously there's practical job skills like excel, programming, etc. Though some people are passionate about these things I dont see most people taking them up as a hobby. In terms of enjoyable more leisurely activities they always say golf opens up a lot of doors. Not only is it good to at least know how to play but great for networking, people you meet on the course during the week are either our for business or self employed.

I'm just getting into sailing, bought a boat yesterday. I dont plan on it being a moneymaker but its a skill not everyone has. If I choose to move somewhere on an island or tropical resorts are often looking for sailing instructors. Not a ton of money but a way to keep a consistant income while blogging or working on my own company or something. I was also thinking about doing kind of informal sailing lessons as well. I was considering taking sailing lessons but didn't wanna sit thorugh all the classroom bs and most classses start before im off work. I figure i can post an ad on cl ill take you out for an afternoon let you work the boat, teach you while doing vs classroom and maybe charge $80 for an afternoon where id probably be out anyway. Renting sailboats are expensive as well as even taking an intro class lots of times like $600 so someone tossing me $50 or a $100 for an afternnoon to even see if they are itnerested first doesnt hurt.

For anyone into kiteboarding or windsurfing, almost nobody rents equipment, classes are hundreds of bucks for an hour or two so even just to try it out your investing hundreds of dollars or buying thousands worth of equipment. If you are skilled in this and have the equip give lessons, you can make some decent money and still offer people an alternative to full blown classes at like $400 to $600 for a day or two.
05-13-2014 03:34 PM
Find all posts by this user Like Post Quote this message in a reply
SpecialEd Away
Banned

Posts: 200
Joined: Dec 2013
Post: #10
RE: Lucrative Skills or Bodies of Knowledge?
(05-13-2014 03:34 PM)jamaicabound Wrote:  I'm just getting into sailing, bought a boat yesterday.

Don't have much to add to this thread but I like how nonchalant you were about that, sounded like a grocery run or something lol.

Quote:For anyone into kiteboarding or windsurfing, almost nobody rents equipment, classes are hundreds of bucks for an hour or two so even just to try it out your investing hundreds of dollars or buying thousands worth of equipment. If you are skilled in this and have the equip give lessons, you can make some decent money and still offer people an alternative to full blown classes at like $400 to $600 for a day or two.

This would be an awesome way to earn a living. I'm curious how much you could make in a place like the DR or Colombia.
05-13-2014 05:00 PM
Find all posts by this user Like Post Quote this message in a reply
Spirited Offline
Banned

Posts: 16
Joined: Jun 2013
Post: #11
RE: Lucrative Skills or Bodies of Knowledge?
As a teenager, what skill should be prioritized if I want to set myself up for the future? At just 16 I feel like I am ahead of most others my age as I have the benefit of the manosphere - a pool of information just perfect for guys like me.

Right now, I'm looking to build a skill which I will be able to use to live location independently. That's the dream of most guys, but as young as I am I have years to work on this skill; I want to master it. Right now I am thinking of some form of copywriting. The idea of editing content to persuade people to do shit sounds great to me. I would be willing to put in a ton of hours to achieve mastery - balancing it with school work, lifting, meditation and pursuit of knowledge in other areas such as history of philosophy. What do you guys think
05-13-2014 06:46 PM
Find all posts by this user Like Post Quote this message in a reply
pitt Offline
Hummingbird
*****
Gold Member

Posts: 3,024
Joined: Apr 2011
Reputation: 47
Post: #12
RE: Lucrative Skills or Bodies of Knowledge?
(05-13-2014 06:46 PM)Spirited Wrote:  As a teenager, what skill should be prioritized if I want to set myself up for the future? At just 16 I feel like I am ahead of most others my age as I have the benefit of the manosphere - a pool of information just perfect for guys like me.

Right now, I'm looking to build a skill which I will be able to use to live location independently. That's the dream of most guys, but as young as I am I have years to work on this skill; I want to master it. Right now I am thinking of some form of copywriting. The idea of editing content to persuade people to do shit sounds great to me. I would be willing to put in a ton of hours to achieve mastery - balancing it with school work, lifting, meditation and pursuit of knowledge in other areas such as history of philosophy. What do you guys think

You are the luckiest 16 year old in this world, how I wish there was such forum when I was 16.

Go to Canada, read the oil sand thread and immigrate to Canada.
05-13-2014 09:27 PM
Find all posts by this user Like Post Quote this message in a reply
[-] The following 2 users Like pitt's post:
Vacancier Permanent, Moma
Beyond Borders Away
Peacock
******
Gold Member

Posts: 7,411
Joined: Aug 2011
Reputation: 251
Post: #13
RE: Lucrative Skills or Bodies of Knowledge?
(05-13-2014 06:46 PM)Spirited Wrote:  As a teenager, what skill should be prioritized if I want to set myself up for the future? At just 16 I feel like I am ahead of most others my age as I have the benefit of the manosphere - a pool of information just perfect for guys like me.

Right now, I'm looking to build a skill which I will be able to use to live location independently. That's the dream of most guys, but as young as I am I have years to work on this skill; I want to master it. Right now I am thinking of some form of copywriting. The idea of editing content to persuade people to do shit sounds great to me. I would be willing to put in a ton of hours to achieve mastery - balancing it with school work, lifting, meditation and pursuit of knowledge in other areas such as history of philosophy. What do you guys think

If you want to teach yourself copywriting, Gary Halbert, one of the greatest copywriting legends that ever lived, put together a self-study plan for teaching yourself to be an elite copywriter in 30 days here: http://www.thegaryhalbertletter.com/News...rience.htm

I imagine it'd take more than 30 days for most people, but looking over his instructions, I do believe it would make you a damn good copywriter. I'm considering taking on the challenge myself. You can also find a thread at the Fastlane Forum where a group of members are taking on this challenge. http://www.thefastlaneforum.com/communit...oup.50217/

You might consider hopping in with them to track your progress.

You can definitely build a solid location independent business on copywriting, especially if you do it the right way. Listening to anything Gary Halbert says is a great first step in doing it the right way.

"The individual has always had to struggle to keep from being overwhelmed by the tribe.
To be your own man is a hard business. If you try it, you'll be lonely often, and sometimes
frightened. But no price is too high to pay for the privilege of owning yourself." - Kipling
(This post was last modified: 05-13-2014 09:41 PM by Beyond Borders.)
05-13-2014 09:38 PM
Find all posts by this user Like Post Quote this message in a reply
[-] The following 4 users Like Beyond Borders's post:
Katatonic, Spirited, Vacancier Permanent, solo
Steve9 Offline
Woodpecker
**

Posts: 282
Joined: Feb 2012
Reputation: 10
Post: #14
RE: Lucrative Skills or Bodies of Knowledge?
Some areas of IT still pay reasonably well.

For example here is a long term SAP contract paying 800GBP ($US1340) per day in London :

https://www.jobserve.com/gb/en/JobLandin...535029208B

This is a technical role, with no management responsibilities.
(This post was last modified: 05-29-2014 07:19 AM by Steve9.)
05-29-2014 07:17 AM
Find all posts by this user Like Post Quote this message in a reply
AntiTrace Offline
Ostrich
****

Posts: 2,228
Joined: Mar 2012
Reputation: 65
Post: #15
RE: Lucrative Skills or Bodies of Knowledge?
The required skills to be able to develop a web application independently.

It's actually not that much. Front end and back end skills. HTML/JAVASCRIPT/JQUERY/PHP. Some basic graphic design, enough to make logos and visual content. Also you need a good math background and some business knowledge.

Then you team up with one of the marketers/copywriters. You handle the technical stuff, from a computer and from anywhere in the world with an internet connection. He handles the marketing and copywriting, from a computer and from anywhere in the world with an internet connection.

Make enough cash to fund your lifestyle. If its successful enough eventually you hire out and become more of a manager as opposed to actually doing the work.

So: programming/math/business are my choices

God'll prolly have me on some real strict shit
No sleeping all day, no getting my dick licked

The Original Emotional Alpha
05-29-2014 07:59 AM
Find all posts by this user Like Post Quote this message in a reply
[-] The following 3 users Like AntiTrace's post:
Vacancier Permanent, Beyond Borders, FunctionalPsycho
General Mayhem Offline
Kingfisher
***

Posts: 961
Joined: Feb 2014
Reputation: 25
Post: #16
RE: Lucrative Skills or Bodies of Knowledge?
Hey BB what exactly do you mean by authority blogging? Are you talking about guys like Vic over at bold and determined?

That guy is an outstanding blogger in my opinion. The way he has managed that site and built an image is remarkable.

From what I've seen most blogs are all over the spectrum as far as content goes, but Vic purposely stays within a certain boundary and is very selective with what he chooses to put out there.

I also haven't read many blogs with commanding prose like his. A lot of people have tried to copy what he's doing, but they just can't write with authority like he does.

That's why I consider his an authority blog.

I'm curious as to what your thoughts are on this one.
05-29-2014 10:18 PM
Find all posts by this user Like Post Quote this message in a reply
w00t Offline
Kingfisher
***

Posts: 848
Joined: Dec 2011
Reputation: 13
Post: #17
RE: Lucrative Skills or Bodies of Knowledge?
(05-13-2014 09:38 PM)Beyond Borders Wrote:  
(05-13-2014 06:46 PM)Spirited Wrote:  As a teenager, what skill should be prioritized if I want to set myself up for the future? At just 16 I feel like I am ahead of most others my age as I have the benefit of the manosphere - a pool of information just perfect for guys like me.

Right now, I'm looking to build a skill which I will be able to use to live location independently. That's the dream of most guys, but as young as I am I have years to work on this skill; I want to master it. Right now I am thinking of some form of copywriting. The idea of editing content to persuade people to do shit sounds great to me. I would be willing to put in a ton of hours to achieve mastery - balancing it with school work, lifting, meditation and pursuit of knowledge in other areas such as history of philosophy. What do you guys think

If you want to teach yourself copywriting, Gary Halbert, one of the greatest copywriting legends that ever lived, put together a self-study plan for teaching yourself to be an elite copywriter in 30 days here: http://www.thegaryhalbertletter.com/News...rience.htm

I imagine it'd take more than 30 days for most people, but looking over his instructions, I do believe it would make you a damn good copywriter. I'm considering taking on the challenge myself. You can also find a thread at the Fastlane Forum where a group of members are taking on this challenge. http://www.thefastlaneforum.com/communit...oup.50217/

You might consider hopping in with them to track your progress.

You can definitely build a solid location independent business on copywriting, especially if you do it the right way. Listening to anything Gary Halbert says is a great first step in doing it the right way.

According to Dan Kennedy Gary Halbert recommended you copy 500 sales letters by hand. Its a fun challenge and so far Im over 100 days in of writing copy every day. Definitely improves your writing!

you can find the ads from Garys challenge here btw: http://theryanmcgrath.com/2010/04/gary-h...orite-ads/

I highly advise you to go through Gary Halberts and John Carltons swipe files too they got some amazing sales letters.

Copywriting and direct marketing are probably some of the most lucrative skills you can learn.
(This post was last modified: 05-30-2014 03:11 AM by w00t.)
05-30-2014 03:09 AM
Find all posts by this user Like Post Quote this message in a reply
[-] The following 1 user Likes w00t's post:
Beyond Borders
Post Reply 


Possibly Related Threads...
Thread: Author Replies: Views: Last Post
  Book on How to program Alexa Skills ssvle 0 637 04-07-2019 12:48 PM
Last Post: ssvle
  [Education]  [Basic Life Skills] Civilian Medical Training ChicagoFire 21 2,561 11-15-2018 08:23 PM
Last Post: ChicagoFire
  Do guys prefer self-help or to hire the skills of a professional / “expert”? JayJuanGee 51 14,401 10-07-2018 08:03 AM
Last Post: Jetset

Forum Jump:


User(s) browsing this thread: 1 Guest(s)

Contact Us | RooshV.com | Return to Top | Return to Content | Mobile Version | RSS Syndication