5 High-Income Skills That Can Make You a Millionaire as a Student

Five High-Income Skills Every Student Should Learn to Secure Their Financial Future

What if I told you that the secret to making millions while still in university lies in mastering just a few key skills? Would you invest your time in learning them? Over the last 12 years, since I first became a student, I’ve honed various high-income skills that have enabled me to create multiple successful businesses, a popular YouTube channel, and even write a New York Times bestselling book. The financial benefits have been life changing. In this article, I’ll share the five high-income skills that I wish my younger self had known about, supported with real-life examples of individuals who have successfully leveraged these skills to make substantial money. Whether you’re a student or looking for skills to augment your professional life, these insights could set you on the path to financial independence.

Hello, I’m Ali, a doctor-turned-entrepreneur. If you’re new to my journey, I’ve been documenting my transition from a broke medical student to a thriving business owner on this channel for the last seven years, detailing my failures, successes, and everything in between. So, let’s zoom out before diving into specifics. How should one think about making money, especially as a student? Consider this: in the current capitalist system, everyone has a ‘personal stock price.’ This is essentially your worth to the market, dictated by the skills you possess.

How does one increase their personal stock price? By acquiring high-income skills, of course! Unlike low-income skills that universities often teach, high-income skills can significantly enhance your earning potential. In this article, I’ll discuss five such skills—software consulting for businesses, copywriting, designing, website building, and coding. With each skill, I’ll share actionable steps and real-world examples to inspire you to embark on your financial journey.

Ready to increase your personal stock price? Let’s dive deeper into the philosophy of making money and break down these high-income skills that you can start learning today.

Five High-Income Skills Every Student Should Learn to Secure Their Financial Future

What if I told you that the secret to making millions while still in university lies in mastering just a few key skills? Would you invest your time in learning them? Over the last 12 years, since I first became a student, I’ve honed various high-income skills that have enabled me to create multiple successful businesses, a popular YouTube channel, and even write a New York Times bestselling book. The financial benefits have been life-changing. In this article, I’ll share the five high-income skills that I wish my younger self had known about, supported with real-life examples of individuals who have successfully leveraged these skills to make substantial money. Whether you’re a student or looking for skills to augment your professional life, these insights could set you on the path to financial independence.

Hello, I’m Ali, a doctor-turned-entrepreneur. If you’re new to my journey, I’ve been documenting my transition from a broke medical student to a thriving business owner on this channel for the last seven years, detailing my failures, successes, and everything in between. So, let’s zoom out before diving into specifics. How should one think about making money, especially as a student? Consider this: in the current capitalist system, everyone has a ‘personal stock price.’ This is essentially your worth to the market, dictated by the skills you possess.

How does one increase their personal stock price? By acquiring high-income skills, of course! Unlike low-income skills that universities often teach, high-income skills can significantly enhance your earning potential. In this article, I’ll discuss five such skills—software consulting for businesses, copywriting, designing, website building, and coding. With each skill, I’ll share actionable steps and real-world examples to inspire you to embark on your financial journey.

Understanding the Philosophy of Making Money

Let’s say you are a student. Imagine viewing yourself like a company with a personal stock price—your worth to the marketplace. This stock price is influenced by your skills and abilities. As a student, my personal stock price was zero. But once I graduated as a doctor, it soared to £50 per hour. The better your skills, the higher your stock price.

The Concept of High-Income Skills

High-income skills are those that significantly increase your worth to the marketplace. These contrast with low-income skills, which university education often focuses on. In the capitalist system we operate in, it’s important to have skills that are highly valued.

1. Software Consulting for Businesses

Businesses rely on various software to operate efficiently. Often, they need help to use these tools effectively. This is where you can step in as a consultant.

• Notion Consulting: Teach businesses how to use productivity tools like Notion. Businesses are willing to pay substantial amounts for this expertise. For example, one of my team members, Molina, charged $800 for a set of four 90-minute sessions.
• Other Software: Expand your range by learning other software like HubSpot, ConvertKit, and QuickBooks. Plenty of online tutorials can guide you in mastering these tools.

2. Copywriting

Copywriting is the art of writing persuasive text. This high-income skill can dramatically increase a business’s sales.

• Sales Pages: Effective copy can improve the conversion rate of sales pages, turning more visitors into customers.
• Training Resources: Check out books like “Copywriting Secrets” by Jim Edwards and follow YouTubers like Cardinal Mason, who share valuable insights into making money with copywriting.
• Ghostwriting: Consider ghostwriting for businesses, another lucrative area within writing.

3. Designing

Design skills, whether for websites, apps, or marketing materials, are always in demand. Businesses need visually appealing designs for various purposes.

• Web Design: Every business needs a website, making web design a consistently high-value skill.
• Graphic Design: Create assets for social media, advertisements, and more. Entrepreneurs often struggle to find good designers, making this a high-demand skill.
• Learning Resources: Follow designers like Abi Connick on YouTube to get started.

4. Website Building

The demand for skilled web developers continues to rise. Mastering tools like Webflow or Framer can be incredibly rewarding.

• High-Paying Projects: Some businesses pay thousands to tens of thousands for well-designed, functional websites. For instance, we paid a web designer $115,000 for creating a website for my book.
• Training Resources: There are numerous online tutorials that can help you become proficient in web design tools.

5. Coding

If you’re willing to invest the time, coding can be one of the most rewarding skills to learn. Whether you use it to secure high-paying jobs or to create your own software products, the opportunities are endless.

• Self-Taught Success: My friend Sahel learned coding and built a tool that now earns him substantial monthly revenue.
• Learning Platforms: Websites like Indie Hackers offer inspiring stories and resources to help you start coding.

The Market Dynamics

The value of a skill can depend on the buyer. If you’re a top-tier guitar player, you might earn differently teaching kids versus signing a record deal. Similarly, selling skills to businesses generally pays more than selling to individual consumers.

Selling to Businesses

It’s easier to make money selling to businesses than to consumers. Businesses have more capital and prioritize efficiency and ROI. When choosing high-income skills to learn, consider their applicability to the corporate world.

Using AI Tools

Many new AI tools can assist you in delivering high-quality services. For instance, AI-driven website builders and coding assistants can make the work easier and more efficient.

So, with all that in mind, these are the five high-income skills we’re going to be talking about. Engage, learn, and start your journey toward financial independence today.