Learn the essential skill stacking hacks that I’m going to teach you today and learn how to earn more money while working less. Stay tuned. Hey Frank Thomas here from Wealth Generation Strategies and today we’re going to be talking about a topic called skill stacking.
I actually, to be bluntly honest with you, never knew this expression existed until I started looking it up. The original title for this video was going to be called the stepping stones of life. I know, not very exciting.
It’s the same thing. Skill stacking really is the art of stacking one skill on top of another. What happens is as we learn a thing we can learn a new thing and stack that on top.
Over time we become an expert in our area of interest. Truthfully this video came from somebody who left a comment on one of my shorts and they said, oh if you’re in information technology you can make a hundred thousand but nobody else can. This video is unrealistic etc etc etc.
I’m here to tell you that that is not true. You can make a hundred thousand or more in just about any trade on the planet but you have to be very smart on how you make steps in your career and back to skill stacking. So let’s dig into this.
This is a tactic I’m going to be teaching you from my own personal experience. I to give you testimony have went from earning in today’s money thirty, thirty-five thousand dollars a year to well over two hundred thousand dollars a year and more. I’ve actually in one year I made close to half a million dollars with a product that designed.
Now that was a bit of an anomaly at that time but I’m going to reproduce that anomaly and I’ll be sharing that with you on this channel in the future so make sure you subscribe. Little hint. Everything I’m teaching you here is relevant and I’ve put it into practice what I’m getting at.
So I believe it’s things that are going to help you get to a hundred thousand and exceed that amount in crazy proportions and I truly believe that and until you believe that you’re not going to be able to do it. Just a little hint. So let’s get started.
It’s always important to be looking at not your career as a whole. I remember when my kids were growing up I used to get this complaint, well dad how am I supposed to know what I’m going to be for the rest of my life? And that is a valid, valid concern and I honor that concern because of the fact that they’re right. It’s something that when I was growing up I kind of knew what I wanted to be right from the beginning.
I knew at 14 I really wanted to program. What did that look like? Did I have all the steps lined up? No, absolutely not. But I knew overarchingly I wanted to be a programmer one day.
It took me a long time to get there and I’ll be honest with about that too. I did a bit of a detour in life and we all do these detours in life but it’s important to get back on track. My point here though is know what your next step is going to be.
You’re only going to know what your next step is going to be by looking at where you’re at and looking at where you can step next. Hence why I like the title Stepping Stones of Life. Know where you’re going to be next.
Now this is where the whole idea of skill stacking comes in. Let’s say when I was a young guy I wasn’t earning very much. I was working minimum wage about 30-35 thousand dollars a year in today’s money and I wanted to earn more.
I could have complained and said oh well you know as a security guard I’m not going to earn blah blah blah blah and you know something I’m 100% right but I’m also 100% wrong. We’re just not made to do a simple thing. We are a very complex being and we can learn tremendous skill sets if we give ourselves half a chance.
Now I’m not going to argue out of extremes. Yes there are some people who are physically or mentally retarded and they are unable to and they’re an acceptance of the rule. They’re not the rule is what I’m getting at here.
So look at your horizon and what can you do next. In my situation I was just a security guard. Now could I earn a hundred thousand dollars as a security guard? Maybe but I’d probably have to run the company.
I didn’t really want to do that. That was not really my passion. So what did I do next? I went and got my license as a truck driver.
That’s the step that I could see at that time. I dropped out of college as a young man and couldn’t get back into college because I’d left home and going back to school full-time and trying to support my living and everything else became an impossible task for me at that time. So I had to find a different way to accomplish my goals and that was in my limited scope and in my limited vision in life.
I could I saw that you know wow if I had learned how to drive a truck I can earn maybe 22 let’s say 40 45 thousand dollars a year. So I’m going to jump at least ten thousand dollars a year in today’s money of course. Maybe more maybe fifty thousand dollars a year.
So that’s what I did. I went and got my license and I did that for a year or so a couple years and eventually I wanted to go back and finish my education. Now the only avenue that I could see was to join the military.
I did take a big salary cut at that point in time for a while but I knew that it was allowing me to finish my electronics training and get my certifications and I did it through the military which was fine. It’s an acceptable course of action. At that time that’s what I could see that was my next step.
Then next I went and progressed and while I was in the military and got involved in computers. Eventually to make a long story short I had kind of done full circle and became a programmer and now I’m earning the big bucks so to speak. So the important point here there was to always look at what your next step is and start to skill stack.
Start taking and building skills. You’re an intelligent person. I am not going to take anything less than to say to you you are an intelligent person and you can do these things in life but you have to commit yourself to them.
The worst thing that can jump into our lives is doubt and fear. Make sure you watch my fear video. It’s a good one.
Don’t allow that to happen. Get those skill sets. Now what’s going to happen is commit yourself to learn enough to get you in the door in the next thing that you want to do.
It might actually mean you got to get that driver’s license. I had to get that driver’s license or that certification. There’s been times in my career where I’ve had to get certifications to be able to get in to the company but I got what I needed to get in.
Now once I was in I started building my expertise and my experience with that company. Always determine and continue determining what you’re doing. Is it the right thing? You have to realize when I eventually got into the realm of computers, I’d left the military by now and I was working with companies in my home city here.
I was working more as a systems person and I was looking at what I was doing and I kept feeling a dissatisfaction and it was a kind of a dissatisfaction. I couldn’t put my thumb on so to speak in life but I knew that I still wasn’t really doing exactly the right thing. So always continue to determine if you’re doing the right thing as you’re moving forward.
This will help you build discernment and to decide what your next step is. Continue to educate yourself and teach or lead if you can. It’s always really good to allow yourself to move into positions of teaching or leading and I’m not saying go become a teacher but once you start teaching you got to really kind of know your stuff and people will also see when you lead or teach that you are an expert in what you do and it will help you raise your salary once again.
Okay, don’t get complacent, that’s a side note. So continue to educate yourself, work towards becoming the true expert in the skill or venture that you’re working in. I want you to further specialize and become part of the top one percent.
I’m not talking the top ten percent, the top one percent. Determine what your one percent looks like where you’re at and become part of that group. Do what you got to do to become that and it could take a little bit of time at times.
Don’t waste time, don’t make it an end route here. I didn’t say this was a journey where you just arrived, this is a journey that continues and I’m going to be digging into the final point in my bonus and you got to stay tuned for that because this is what makes this all work and shows you how you can earn more money working less.
Let’s get into our bonus. Now this is where the magic comes in and when I said this is a good bonus it’s going to sound so simple but it’s so profound that this is like I said where the magic is. Skill stacking is only so good if you continue to skill stack.
So what’s happening is you’re stopping and you’re going back to step one which was look at what your next step is going to be. When I was in being a systems guy I kind of reached the pinnacle of my career. I was multi-certified.
I was a CTO, chief technical officer for a company. I had done a lot of cool things. I was earning about $100,000, $120,000 like probably today’s money $130,000, $140,000 but I felt that I hit that glass ceiling and I still felt that something was out of place.
About 10 years ago when I hit 50 I realized that I had forgone my absolute dream in life and that was to become a programmer. Now the funny thing was I had done programming and I decided I’m going to go full hog into this. I’m going to learn what I need to learn.
So that’s what I did. I got my certifications. I took a year off.
I had the money from the product I’d built before. I was able to go and take a one-year boot camp and really go 100% into it and literally shift my direction completely. Now did it eradicate or invalidate everything I’ve learned? No absolutely not.
A lot of the things I learned as a system’s guy were skills that I could stack upon as a developer and it gave me a lot of power. It gave me a lot of insight. It gave me a lot of insight.
Now even as a CTO did it invalidate that? No absolutely not. I knew how to communicate and work with people. So now when I entered the programming realm I became a senior developer very quickly because I had already done a lot of skill stacking.
Now here’s the interesting thing. The higher up the food chain you go the more you can earn and the easier it gets. It’s kind of funny you see some people and you go geez this guy doesn’t do anything and he earns a million dollars a year.
What’s going on here? He earns it for a reason. He earns it because he has the ability to take responsibility for the position he’s in just as I can take responsibility for the position I’m in. So I have learned how to skill stack.
I have learned how to go through all these steps and if you need to go through this video again and learn these steps they are vitally important for you to to have hold of and yes you can earn a hundred thousand two hundred thousand half a million dollars. I further proof because I was told by somebody who’s very close to me that the profession that they’re in they do it because of the love of doing it. It’s the profession that they’re in I’m not going to expose any more than that because I want to keep their confidentiality and I told them to their face that it was hogwash.
I told them that they have bought the wrong soup and they got to return it. It’s the wrong story and it’s time to rewrite the story and I started teaching them how to do all the things that I’ve talked about in this video and how to redefine themselves and how to re-look and look at the next step and skill stack and learn how to earn earn more doing less etc etc etc. Now this person is in their 20s so it’s not like they’re they’ve been living for 50 or 60 years they’re in their 20s and they’re earning over two hundred thousand dollars a year.
Yep you heard me right. So yes you can do this, I believe in you but you have to believe in you too and that’s the important point.
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