Hard skills get you hired but soft skills will get you promoted.

Here are 10 soft skills that are most in demand (and the best ways to show them):
1. Communication Skills:

Being able to talk and write clearly so everyone understands you is key.

Effective communication is the backbone of teamwork and leadership.

Strong communication skills enable you to clearly convey ideas, actively listen, provide thoughtful feedback, and tailor your message to different audiences.

Demonstrate this by being engaged in meetings, paraphrasing back key points, and crafting emails and reports that get ideas across concisely.
2. Time Management Skills:

Juggling competing priorities is essential in fast-paced environments.

Planning your day ahead will help reduce stress and get more done.

Display time management by mapping out plans to meet deadlines, minimizing wasted effort, and continuously reevaluating how you spend your time.

We all get the same 24 hours. Use them wisely.
3. Emotional Intelligence:

Understanding the feelings of others will help you better navigate challenges.

Develop empathy. Put yourself in others' shoes, listen actively, and show understanding and compassion.

High emotional Intelligence individuals are empathetic, self-aware, and excel at building strong relationships.
4. Leadership:

Demonstrate your leadership by mentoring colleagues, leading projects, and guiding meetings that draw out solutions.

You don't have to be the boss to be a leader.
5. Resilience:

Resilience is the ability to bounce back from setbacks and maintain a positive attitude.

Employers value employees who can handle stress, learn from their mistakes, and continue to perform at a high level.

To demonstrate resilience, maintain a growth mindset, learn from your experiences, and focus on finding solutions rather than dwelling on problems.
6. Public Speaking:

Confidently communicating is great for visibility.

Improve your public speaking by practicing beforehand, structuring remarks, and conveying passion.
7. Problem-Solving Skills:

When things go wrong, don't panic.

The ability to analyze issues logically, question conventional approaches, identify the causes, and create solutions is hugely valuable.

Provide evidence of your critical thinking by breaking complex problems into manageable steps, and weighing pros and cons before deciding.

Don't be afraid to think outside the box.
8. Teamwork:

Working well with others is a must.

Collaboration is the cornerstone of any organization, and being a team player is a sought-after soft skill.

It's not just about being friendly. It's about listening, sharing ideas, and supporting teammates.

Employers want individuals who can work well with others, share ideas, and contribute to a positive work environment.

To show your teamwork skills, participate in group projects, be open to others' opinions, and offer support when needed.
9. Adaptability:

Being able to adapt to new situations and challenges is a must.

Being flexible, open-minded, and embracing change - rather than stuck in your views - allows you to thrive in fast-paced workplaces.

Highlight your adaptability by adjusting to new workflows, volunteering for assignments, and proposing innovative strategies.
10. Growth Mindset:

Embrace opportunities to gain new skills, implement critiques from your manager, and solicit input on how you can strengthen your contributions.

A passion for learning and openness to feedback will keep you continuously improving.
These 10 soft skills will accelerate your career. These threads take time to write so if you found it helpful:

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More from @FluentInFinance

Apr 17
Psychology proves procrastination is caused by anxiety, fear of failure and lack of structure.

If you struggle with procrastination, here are 10 hacks everyone should know:
1. The Pomodoro Technique:

This is a time management technique that involves working in focused 25-minute increments, followed by a 5-minute break.

After four cycles, take a longer break of 15-30 minutes.

This will help you stay focused and avoid burnout. Image
2. The "2-Minute Rule":

If a task can be done in less than 2 minutes, do it right away.

This will help eliminate small tasks that quickly add up and make you feel overwhelmed. Image
Read 10 tweets
Apr 16
The wealthy avoid taxes with “Buy, Borrow, Die”:

1. Buy assets & hold (no taxable event)

2. Use assets as collateral to borrow money (while assets appreciate)

3. Interest on loans is tax deduction

4. Die to avoid capital gains (pass assets on a step-up basis)

Let's discuss:
1. The “Buy, Borrow, Bie” strategy is how the wealthy minimize their taxes.

They make investments that appreciate, borrow against those assets (using them as collateral for loans), then pass on those assets to heirs tax-free.

2. These loans are offered by banks and brokerage firms and allow borrowers to use investments as collateral to borrow money.

The interest rates on these loans are lower than traditional mortgages and HELOCs, and there are often no monthly payments required.
3. As long as their investments appreciate, they can borrow money without having to sell any assets.

This strategy leads to significant tax savings because investors never pay capital gains taxes until they sell assets.

4. Interest paid on loans is a tax deduction:

Interest paid on loans secured by assets is often tax-deductible, providing an additional tax benefit for the borrower.

This deduction can help offset other taxable income, further reducing the individual's overall tax liability.
Read 6 tweets
Apr 15
Taxes will be the biggest expense in your life so strategic tax planning is a must.

Tax code is 75,000 pages and the wealthy use every page of it to legally avoid taxes. And you should too.

Here are 7 tax tips to save you thousands:
1. Agusta Rule (Section 280A):

Allows you to rent out your home for up to 14 days per year without having to pay tax on rental income.

You can host a team retreat, party, event or meeting at your home, and rent it out to your own business.

Example:

You can rent for $500 a night, and have your corporation pay $7,000 for the ‘use’. That’s a $7,000 deduction to your business and you pay no tax on the money.

This not only reduces your taxable income but also offers tax-free income from rent.
2. S Corps:

An S Corp can help you reduce self-employment taxes.

It allows business owners to take a reasonable salary from the company's profits, so the 15.3% self-employment tax is minimized.

Example:

Assume you are the sole shareholder of an S corp and you earn $100,000 in income.

If you take a salary of $50,000 and distributions of $50,000, you'll only pay payroll taxes on the $50,000 salary.

This could save you thousands.
Read 8 tweets
Apr 14
Every job interview ends with Q&A

But most people never ask questions at the end of job interviews

Here are 10 questions I used to get hired at JP Morgan, Goldman Sachs and Citi:
1. Is there anything else I can elaborate on to ensure I’m the top choice?

This open-ended question allows you to seal the deal by addressing any lingering questions, and doubling down on your unique strengths.

Take this last chance to highlight 1-2 critical strengths they need, that you offer over the other candidates.

The final impression most directly impacts hiring choices.
2. What doubts do you have about my qualifications for this role?

This will allow you to respond to any hesitations and remove roadblocks to a job offer.

This flips the script to have them present any doubts, allowing you to address their concerns.

Listen closely for hints on where your experience or skills don’t sync with their requirements.

Remind them of your past successes handling similar challenges.
Read 10 tweets
Apr 13
YouTube is the best free education

But there are over 50 million channels and 99% don't know the best ones

Here are 10 channels to make you smarter:
1. CrashCourse:

This is a YouTube channel where you can learn almost anything

Their content is thoughtfully researched and presented simply

They break down complex topics into easy-to-understand lessons, making learning enjoyable Image
2. Skillshare:

This YouTube channel is perfect for those looking to learn new skills

Most classes are under 60 minutes so you can learn new skills efficiently

Skillshare is best for gaining practical abilities you can put into action right away Image
Read 10 tweets
Mar 24
Life is all about the tiny decisions you make each day.

It takes 21 days to form a habit and 90 days to form a lifestyle.

Here are 10 simple habits to transform your lifestyle:
1. Take 5 minutes to plan out each day.

This will keep you focused to make the most of your time.

2. Learn to say "No".

Not everything is equally important. Don't take on more than you can handle just to please others.
3. Spend 3 hours each week learning a new skill.

The more you learn, the more you'll earn. Take online classes or watch tutorials.

4. Read for 30 minutes each day to learn something new.

This will keep your mind sharp and expand your knowledge.
Read 8 tweets

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