Millionaires are made at the top of the income distribution.
For example, have a look at the following Pareto distribution exemplifying how only the top sports players make all the money:
If you want to earn a million dollars quickly, you need to become one of the top people in the world at something the market values.
Sounds hard? You don’t actually have the skills to become a top person in a field such as sports, coding, or business?
Don’t worry — becoming one of the best persons at something is actually easy. Everybody can do it — with the right strategy. I call it “skills stacking”. This article explains the simple idea, so let’s get started! 👇
Skills Stacking – Basic Idea
The idea of becoming the best person in the world can be a daunting task, but it’s not an impossible one. Many people believe that to achieve greatness, one must have extraordinary talent or be born with a special gift. However, this is a myth. It’s possible to become the best person in the world by focusing on developing a combination of skills rather than a single skill.
💡 Skill stacking is improving a combination of 6-8 skills individually so that you become one of the top people in your field in the combination of these skills. The combination of skills must all be important in your line of work.
For example, suppose an average guy is in the top 10% of three different skills. In that case, he moves to the top 10% * 10% * 10% = 0.1% in the combination of those three skills. He is the most skilled person out of 1000 randomly chosen persons, in that combination of skills. This means that by becoming merely good in three different areas, an average guy can become one of the best people in his field.
In the spreadsheet, a coder focuses on learning
- Python,
- the OpenAI library,
- prompt engineering,
- general freelancing,
- sales, and
- investing.
One special skill of this coder is smiling, which they use heavily in their day-to-day work to increase customer satisfaction and create value. Don’t underestimate the simple talents!
The coder may just offer their freelancing services in the area of OpenAI and prompt engineering using Python — and invest their income in the stock market. And they can be wildly successful with this strategy, easily reaching multi-millionaire status!
👉 Recommended: How to Become a Millionaire – The Simple Math
The concept of going to the top in a combination of skills is simple yet powerful.
How to Stack Skills?
So, how does one go about developing a combination of skills to become the best person in the world?
The first step is to identify the skills you want to develop. These skills should be different but complementary, meaning that they should enhance each other.
For example, if you’re interested in becoming a great public speaker, you might also want to work on your writing skills and your ability to connect with people.
Once you have identified the skills you want to develop, the next step is to start practicing. This requires dedication, hard work, and a willingness to learn from your mistakes.
However, it’s not so hard to reach the top 10% or so in a skill — just read a couple of books about this skill and you have done more than most people ever will!
A Few Words on Persistence
Another essential factor in becoming the best person in the world is persistence. Success is rarely achieved overnight, and setbacks are inevitable. However, those who are persistent and keep pushing through their failures are the ones who ultimately succeed. As the saying goes, “practice makes perfect,” and the more you practice, the better you become.
In addition to developing a combination of skills and persistence, it’s also essential to seek out opportunities to showcase your skills. Whether it’s through public speaking engagements, writing articles, or participating in competitions, putting yourself out there is crucial to becoming the best person in the world. This not only helps you gain recognition for your skills but also helps you learn from others and grow as a person.
👉 Recommended: Intelligence vs Persistence – What’s More Important for Your Coding Success?
Conclusion
In conclusion, becoming the best person in the world as an average guy is possible. It requires a combination of skills, persistence, and the willingness to take risks and put yourself out there.
By focusing on developing a variety of skills, an average guy can move to the top of his chosen field and become one of the best people in the world.
Action Steps: Identify the skills you want to develop, put in the time and effort required, and don’t give up.
Who knows, you might just end up surprising yourself and the world!
Bonus – Exponential Skill Stacking
A great way to increase your odds is to stack “exponential skills”, i.e., skills that become exponentially more demanded yearly.
- Programming
- Blockchain Development
- Machine Learning
- ChatGPT and OpenAI
- Freelancing
By stacking these skills, your stack becomes more valuable over time, not less. You can master many exponential skills at the Finxter academy:
