In this chapter, I will reveal to you the five highest paying skills that I do to create wealth and the seven secrets that experts do to position themselves as an expert to give themselves the credibility of you require to develop the five highest paying skills.

expert5Top 5 Highest Paying Industries that we focus on:

1.       The speaking industry is one of the highest paid expert services in the world. I have been on stage for 20 minutes and made ten thousand dollars and more. I have been on stage and delivered a high value, high content speech and got paid fifty thousand dollars for an hour speech. Some people, such as Former President Bill Clinton, have been paid a quarter of million dollars to deliver a key note speech. Where else and what other industry can pay you that kind of money? I don’t know of another job or industry that pays that kind of money. Getting a high paying gig like that skill and expert have that skill and are the authority in their field.

 

2.       Seminars are another high paying way to generate wealth quickly. People who have put on their own seminars, trainings and workshops and have people come in and learn from you and pay a high ticket price to be in the room with you and learn from you because of your knowledge and expertise in the industry. Making fifty thousand to five hundred thousand dollars is not out of the question for a weekends worth of work.

 

3.       Coaching is another high paying profession that experts do to create wealth. If you are business leader or someone who is great at people development, then coaching is a great high paying career. My wife Giovanna, is one of the best coaches in world and has an unbelievable connection with people. Many people have come from all over the world to coach with her. She does more than just mentor them, but actually coaches them along their career paths. There are approximately 40,000 coaches that get paid anywhere between $300 per hour to $3000 per hour and up!

 

 

4.       Consulting is another highly profitable career path where consultants go into businesses and helping them diagnose how their current state situation is and what their company current situation is like and helping them understand where they could go based on best practices and innovation. This is one of my favorite things to do as I love looking at a business and discussing what to do next and where to go with the business. In my earlier career as a computer consultant, I had the privilege of setting the infrastructure in over 1200 businesses in 200 industries.

 

5.       Product development is extremely profitable. If you create and sell your own products, especially one with a low cost and high profit model is great. For example if you have books, cd’s DVD’s or any kind of informational product where once it is created, the only cost to you is the material, usually a few dollars and it sells for fifty, one hundred dollars or more, then you have a winning formula for high profitability! A simple way that anyone can get started today to create an info product is to interview the top experts in a particular field and record or write about the insight gained from this process. This is compiling data and distributing it and that is something anyone can do today!