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Author Topic: Transforming skill to profit.  (Read 644 times)
Rruchi man (OP)
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December 04, 2021, 08:04:42 AM
 #1

The purpose of the discussion is for forum users who possess one form of skill or another and are making profit from it to share personal episodes of how they turned "Skill to Profit".

Most persons learning a new skill are often faced with the big question/challenge of turning their skill to profit. After acquiring a skill, truth is if there is no platform for you to practice and offer your services and also make profit, you may become less interested and efficient with the skill you learnt and it may soon be forgotten by you.

Please share personal episodes of how you, a skilled forum member has turned your skill to profit, so other forum members who are in between can benefit from your story.


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December 04, 2021, 05:16:22 PM
 #2

You are right op, what i found very good to the thread mostly is transformation of skill to profit so in normal any skill is looking up to a profit and benefit, some people have have talented skill but they are not converting it a meaningful angle of life despite that skill learnt does not die and does not be forgotten after time's because skill acquired is like a graduate in high college 

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December 04, 2021, 05:48:32 PM
 #3


After acquiring a skill, truth is if there is no platform for you to practice and offer your services and also make profit, you may become less interested and efficient with the skill you learnt and it may soon be forgotten by you.


It is not arguable that skills are potential money if that is what you want to say because when you learn a skill, you can provide for your self, take care of other people by extension. But it is potential money if you make yourself relevant with it and not be lazy to upgrade yourself and grow with the current waves of the line of skill you have acquired including technological. As you see things are changing and someone who only has old fashion of doing things in his field of skill will end up being starved because naturally they will be out of demand, market and be swallowed by those who have gone miles away from the old ways. The point therefore is learning a skill is money waiting to be converted if willing to follow the current process of growth. Almost every old ways have changed and new styles, designs and patterns keep coming up. Just one example, the electronics of today are not same with those 10 years back etc


In another light I don't agree that you can forget what you have learnt when you don't put them in use, all you need is little brush up, upgrade and you are up and running. Like it is said,that an old woman does not forget the dance steps she was used to when young. To this end you can see her trying to make such moves when the rhythm comes  Grin Grin

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December 04, 2021, 06:01:38 PM
 #4

The best way I think to turn your skill profitable for yourself, is hard work, so many professions and skills out there and their are even more people with abilities to fill it in, so now it's a competition, so in other to turn your skill profitable you have to do more than your closest competitors, at this point you go extraordinary, normal people sleep and want to relax, that's when you distinguish yourself, work more time than. The other person in furnishing your skills and abilities, and before you know it you have so many opportunities in earn from that skills of yours.
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December 04, 2021, 06:07:08 PM
 #5

Skill, yeah it is something you must learn if you don’t have one and if you have one then you must learn to implement. Well, I have learnt something from wolf of Wall Street movie, the simple formula when a guy sells his pen with supply and demand formula. The most realistic form of skill with thousands of ways to do but you must know how to use it! Just having a skill does nothing good for you. You should be able to either create a demand or simply limit the supply of you are billionaire like Elon. Well in most of the cases we are demand guys.

This might seem way off the chart but this market runs on it since many years. It’s better to acquire the skill set as we are not born with set of them.

I have used very strategic way of working in the crypto space. You wait for the right opportunity and also have close look on the market to enter at right time and exit at the perfect time. If you know this then that’s the smartest trade you can have.
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December 04, 2021, 06:32:38 PM
 #6

The purpose of the discussion is for forum users who possess one form of skill or another and are making profit from it to share personal episodes of how they turned "Skill to Profit".

Most persons learning a new skill are often faced with the big question/challenge of turning their skill to profit. After acquiring a skill, truth is if there is no platform for you to practice and offer your services and also make profit, you may become less interested and efficient with the skill you learnt and it may soon be forgotten by you.

Please share personal episodes of how you, a skilled forum member has turned your skill to profit, so other forum members who are in between can benefit from your story.



Right on the spot! I have learned drafting skills using programs like Autodesk AutoCAD and 3dsmax and honestly speaking I forgot all of those in the present. I never used them to seek an employment, or earn by freelancing, and the knowledge slowly fades away. I am an entrepreneur at the moment, most of the skills is communication, marketing, and related to consumer services after sales.

I realized that even though you learned new skills, it will just fade away if you don't put it on action, maybe for some reason we just have to be pasionate about what we do. We should follow the career that we love to do and that way the knowledge we learned will be forever with us until we die.

The only skills right now that I put practice to aside from being an entrepreneur is building my own pc. I've learned it ages ago and it currently resides on me as I love building gaming Rigs. Also I am a miner that of eth that, a 4 amd cards that the rigs I build my self with the skills that I've got. My friends are lucky too because I give them this service for free, fixing their PC and upgrading it gives me a bliss of time.

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December 05, 2021, 08:40:36 AM
 #7

If it's not limited to crypto-related stuff, I obtained skills of translating texts, and turned them into profit by working as a translator for some period of my life. I also have public speaking skills, and at another point in life I used them (but not merely them) when working as a school teacher. I think skills don't always translate directly into jobs, and sometimes one job requires a set of skills, as well as knowledge, but what's important is to start looking for a suitable job that will both utilize the skills you already have and help you develop them more.

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December 05, 2021, 12:05:59 PM
 #8

Most persons learning a new skill are often faced with the big question/challenge of turning their skill to profit. After acquiring a skill, truth is if there is no platform for you to practice and offer your services and also make profit, you may become less interested and efficient with the skill you learnt and it may soon be forgotten by you.
That's the problem with trying to learn a skill I guess? It's hard to determine whether it's because you want it, or you're in it for the money or both. Honestly, if you have both that would be for the best, and if it's because you want it then money would naturally follow, but if it was the latter? That's the hard part. Realizing you don't have enough "skill" to earn money with it would just lead you to giving up. To make a comparison, it's like an artist that keeps comparing themselves to others with years of experience, and ends up quitting since they have "talent" and he doesn't.

Developing skills takes time. A LOT of time imo. It isn't something that'd pop up just because you started doing it, so persevere since that's the only thing really that could push your skills to the level where it would turn iinto profit.

R


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December 05, 2021, 02:13:50 PM
 #9

Every individual must have their own abilities and we must have certain skills, starting from talent from birth which is then continuously trained and developed into skills and there are also skills that come suddenly due to technological advances or others so that we develop them.
Skills will make money if there is a will and also make skills as services or others according to existing skills or seek or learn new skills according to the development of the world so that your skills are easy to make money, and produce different skills by combining skills with creativity for results Unusual.
In my opinion, today's people must have the skills and creativity to earn extra money or income so that their lives are not mediocre.
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December 05, 2021, 04:19:33 PM
 #10


but what's important is to start looking for a suitable job that will both utilize the skills you already have and help you develop them more.

I think this is a relationship between skill and passion. It is very suitable to learn a skill close to our passion or the same with our passion and with that you won't have any issue to grow faster into it. A business person in real life or a marketing will better understand trading online better and faster than someone that is a novice in the real world business. That is saying a real world business person knows different terms in business and how they interact with themselves like demand, supply, ROI volume etc
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December 05, 2021, 04:44:40 PM
Merited by Rruchi man (1)
 #11

Most persons learning a new skill are often faced with the big question/challenge of turning their skill to profit. After acquiring a skill, truth is if there is no platform for you to practice and offer your services and also make profit, you may become less interested and efficient with the skill you learnt and it may soon be forgotten by you.
In my opinion, the first step is to make sure you learn a skill that's highly sought-after, many people go on to learn skills that doesn't really have large demand in our contemporary society, such people often tend to lack enough customers to offer their services to. Thus one thing that's very important before you learn a skill is to access it's present demand and check how many people would actually pay for this service, after doing that research, you can then go for it.

Having said that, the most important is to be good/near perfect in what you do/the service you render, of course the skills that are highly sought-after will be laden with competition, that's where your effort has to come in, you have to be really good at what you do, and that's the only way you can stay ahead of competition, if not you'll still struggle to turn that highly needed skill into profit.



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qwertyup23
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December 05, 2021, 05:05:31 PM
 #12

Please share personal episodes of how you, a skilled forum member has turned your skill to profit, so other forum members who are in between can benefit from your story.


Personally, I consider it more of an "experience" rather than "skill" as being a newbie on the cryptocurrency world definitely costed me a huge opportunity of earning more.

Last 2017 when I joined this forum, I was privileged enough to participate in dozens of campaign signatures. Since the price of 1 BTC was relatively low compared today, the pay-outs were given in huge denominations. Unfortunately, I cashed out majority of my BTCs on the same year. Upon checking my blockchain record, I saw that the total number of BTCs that I received on my wallet amounted to roughly ~$30,000.

That is why, I uphold the system of HODLing my BTCs for long-term gains. I was too hasty and young back then; though it was a costly lesson, it definitely taught me to be wary of my investments.
fiulpro
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December 05, 2021, 05:12:35 PM
 #13

Most of the times people have to invest in their education before they can actually learn a new skill since most of the times people take only degrees seriously. The companies most of the times need people to have a specific requirements, which does mean that even if you do have experience and skills, you still pay for it. Therefore you have to invest not only in yourself but also see where you are doing it, choose a good platform, you can also try platforms like : edX where you still pay for the certificates tho but many free courses are available there.

- research
- choose a nice course
- get good experience
- invest in a degree
- get internships


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nullama
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December 05, 2021, 11:27:43 PM
 #14

The key to obtain profit is to help someone fix their problem.

This applies to life in general, but in this forum there are multiple people that need many different things.

Your job is to basically identify these people, check exactly what they need, see if you are able to solve it for them, and calculate how much profit you can generate given your current skills.

If you go to the services section you'll find heaps of people asking for help.

Sometimes it might not be worth your time to help them, sometimes it is. That's up to you to estimate based on your current skills. Also, if you get better at something, then that can turn into a profitable thing eventually.

Keep getting better at solving problems for others and you'll be profiting more and more over time.

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romero121
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December 05, 2021, 11:59:38 PM
 #15

As of now we've got more services being offered in exchange for bitcoin. Through the forum one can meet all his needs fulfilled with cryptocurrency. This means living with cryptocurrency is possible. Earlier in an article read about a family spending their life travelling all around only with bitcoin and no fiat. It was years back, and by that time there is no big acceptance as now. But they managed to fulfill the dream, and those kind of persons will get clear picture through our forum.

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andriarto
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December 06, 2021, 06:07:57 AM
 #16

From this part of the forum, what I feel is from having no capital at all, then getting prizes and having capital to invest and trade, even though trading is still in the learning stage, but from investment I can already feel the benefits, so that it can meet the needs of an increasingly expensive and feel self-sufficient after getting to know crypto

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December 06, 2021, 06:18:31 AM
 #17

seems trivial but this seems to be true and something like this is happening now, whatever skills we have all of them have considerable potential for profit.
But of course these skills must be accompanied by desire and hard work at the beginning first.
Because it will feel useless if we have many skills but are too lazy to realize these skills to become financial gains.

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davis196
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December 06, 2021, 07:48:59 AM
 #18

How to transform a skill into profit?
First,your skill must be in demand.What the point of learning a skill,which nobody needs?
Second,just practice and keep practicing that skill until you become good enough.
After that,keep failing until you succeed at building good long term relationships with a bunch of repeat customers.You may get some new customers along the way.The old customers might recommend you to the new customers.The core of every business are repeat customers.You will fail,if you rely on one time buyers.
Build a portfolio of your best work and showcase that portfolio to anyone interested.
In webdesign and logo design,your work is your best advertisement.

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December 06, 2021, 08:06:22 AM
Merited by rby (2), Rruchi man (1)
 #19

Skill is what you do subsequently and no how what you are desperate of can't give you profit in return, except you are not perfect in your area of specialisation in your skill, transformation of skill to profit can be achieved from how interested and serious you are into the skill you claim to acquire, if trader of cryptocurrency is not curious to know when Market is against them how would their know their profit, in summary whatever you do ensure to take it serious
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December 06, 2021, 03:40:49 PM
 #20

I studied literature in college, then I realized I could make money by writing if I could just find a job like that. Then I got into crypto and found several people who wanted to hire writers. I had some small jobs here and there but then finally got into my final job that I have been working for nearly 5 years or maybe even more if you consider the earliest time we started together but I gave a break in 2017. So all in all writing is definitely a good job, you can't write like I am writing here, you need to check your grammar and be good at it, but in the end you can make a living out of this.

Of course, if you are living in USA or UK then it won't be enough, but if you are living in a nation where 500-600 even 700 dollars could be considered a living wage? Then you can certainly do it and I am hoping to do this until I retire, that way I will always be doing the job I love.

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