A new strategy to make more money with less effort

 The Pareto principle show that one percent of popular make more than 90 percent of money. The classic way to earn more money in a field is you have to be very good at that field. For example, in football, if you are Cristiano Ronaldo or Leona Messi, you will be pay off at the top of the world. So much soccer in the world, but just 1 percent of them earn a lot of money. The best soccer in Vietnam earns about $5000 per month, but a mediocre soccer earns about $500 to $1000. Ronaldo or Messi can earn about two hundred of thousands dollar per weeks, they earn even more than 10 times compare with soccer who play for their national team. To be the best, you need extremely effort and a thousand of hours of practice and also talent. It's very difficult, right?

So, do we have another way to earn more money than try to be the best? The answer is Yes. In the flat world nowadays, we can earn more money even we are mediocre in a field. For example, if you are a normal soccer, but you have some other normal skills like photoshop, making videos, SEO, writing, ... You can have a YouTube channel teaching soccer for newbies. Your video content is understandable, attractive, and then it attracts many people to view your videos. And you can make money by adding advertises to your video or selling soccer products.

So the key here is to learn more skills that adding value for your current skill. You don't have to be expert in new skills, just need to be average or above average. A skill is normal when it is standalone, but when combining them together it will have significant effect.

In the financial field, there are many professional brokers. Their ability are equal or even the one who make more money has their knowledge less than the one who make less money. Why? Because of the difference of marketing skill. The one who know marketing skill attract more people follow him rather than the one who don't know marketing.

Same with online business. 2 people sell the same product. The one who has writing skill sell more products than the one who don't have or poor writing skill. Buyer attracts by the product story, the product description...and then buy the product.

In IT field, the developers who have English skill earn more than 2 times the one who don't have English skill. If they also have presentation, public speaking, problem-solving...skills, they even earn more money.

In a field, so many people have the same skill. So we have to make us difference by to be the best one in the field or to be the one who has more skills. 

For example, to be an expert in marketing, you can go to a collage and spend 4 years of effort to gain about 90 percent of marketing knowledge. But you also can spend few months learning a course online, be an apprentice at a company and gain about 70 percent of marketing knowledge.

This strategy is called "Talent Stacking". 

The benefit of Talent Stacking is:

• It's easier than try to be best at one skill
• It gives you more flexibility and adaptability in a changing world
• It allows you to explore different interests and passions

The challenge of Talent Stacking is:

• Think of new skills that you can learn and combine with your current skills
• Consume as much information about that skill as possible in a short of time (ex: a week)
• Think of potential ways those skills can work together
• Start today and try to be better than yesterday

Source: (19) How To Make More Money (With Less Effort) - YouTube