I asked, "What are the ways to never go broke in life?"
Twitter community came up with some amazing recommendations.
Here are the Top 16 ways to keep your bank balance fat.
THREAD 🧵 ↓
Learn affiliate marketing
Why?
• Great way to get started in internet marketing
• Great way to build an online business around something you love.
• Affiliate Marketing is a growing and maturing business model.
• Best source to generate side income
Learn Copywriting
Why?
• Copywriting is one of the most powerful and oldest marketing tools.
• It is a part of the marketing and communication process for thousands of years.
And it will not be different in 2022.
Learn Sales
Why?
• If you understand how to use sales skills to generate income, you can achieve financial freedom.
• Ability to understand the needs of others and to influence them to act on their needs is a life hack.
Learn Marketing
Why?
• It's the art of creating demand for a product or service, through persuasive techniques that stimulate people to purchase it.
• Without marketing people won't know about the products or services that are being offered
• Learn to promote your work
Learn to handle your finances well
Why?
• Knowledge about personal finance is crucial because it will empower you to make better choices in your life.
• You'll be able to pay off your debts and save for rainy days.
• Saved money should be used to make more money.
Learn Programming
Why?
• Create an app or software that can generate income for you.
• The demand is on the rise, and coding skill is in the highest demand in the market.
Learn No-code tools
Why?
• Time is everything, No-code helps you spend less and ship faster
• No programming knowledge is required to build landing pages, websites, mobile apps
• Not coding everything from scratch will be new normal
Learn Search Engine Optimization SEO
Why?
• Being number 1 on Google for a competitive keyword phrase is one of the most powerful, low-risk, high-reward marketing opportunities available.
Learn Personal Branding
Why?
• It can help you find your purpose and mission, and it lets you use your strengths and talents to the fullest.
• It is the cornerstone of a successful career
Learn to bring value to the world
Why?
• If you solve some of the groundbreaking problems, you will stand out from the rest
• Lot of startups are getting good funding for the problem they solve and bring more value to the world.
Learn Creative thinking.
Why?
• It's the ability to come up with bold, new ideas that are likely to succeed
• It leads to better products, services, and processes.
• You have the ability to solve problems, grow your business, and take charge of your future.
Learn Networking
Why?
• It helps you to find potential business partners, customers, or even friends
• It helps you to find the right people to help you succeed at your goals.
Learn to Design
Why?
• When you know how to design you come across as very professional, and to top it all off you can make a great living doing what you love. That is what you call a win-win situation!
Learn Dropshipping
Why?
• In Dropshipping, one does not have to waste time and money on the inventory, it has lots of benefits over the other forms of business.
• One can sell anything without any investment.
Learn to hustle and stay consistent
Why?
• Consistency can change your life forever
• This is not only a way to add some more money to your bank account, but also a challenge, an adventure, and a way to challenge yourself.
Learn Distribution
Why?
• Building a product is fine but if you are a master at distribution your job is already half done.
• Distribution channel is crucial because it determines the level of competition you're going to be up against.
Thanks for checking this out.
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