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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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.