Don't Fall Behind | 5 High Income Skills WORTH Learning

Richard Yu www.youtube.com

Brief Summary

Richard Yu discusses the ineffectiveness of the traditional education and career path for Millennials and Gen Z, highlighting that many struggle financially despite having degrees. He introduces five high-income skills that can be learned in 90 days or less, offering a potential route to financial stability without a four-year college degree. These skills include short form editing, social media copywriting, high performance, remote setting, and remote closing. The video emphasises focusing on mastering one skill at a time for optimal success.

  • Traditional education doesn't guarantee financial stability.
  • Five high-income skills can be learned quickly and lead to a full-time income.
  • Focus on mastering one skill at a time.

Introduction: The Failing Traditional Path

Richard Yu opens by addressing the financial struggles of Millennials and Gen Z, despite many having pursued traditional education. He argues that the conventional path of a four-year college degree leading to a stable job is no longer as effective as it once was. Drawing from his own experience of graduating from UCLA with a biology degree and an entrepreneurship minor, he questions the practical value of his education in terms of generating online income. The video aims to present five high-income skills that can be acquired in a short time frame and provide a viable alternative to traditional career paths.

Short Form Editing: Capitalising on Viral Content

The first high-income skill discussed is short form editing, which involves creating engaging 30 to 45-second videos for platforms like Instagram and TikTok. These short videos serve as viral content that drives viewers to the creator's main YouTube channel, where they can promote their products or services. Richard emphasises the high demand for skilled editors who can package content effectively and tell a brand's story in an appealing way. Mastering this skill can potentially lead to an income of £2,400 to £4,000 a month.

Social Media Copywriting: Leveraging Influencer Voice

Social media copywriting is presented as the second valuable skill. Many influencers use a "leveraged writing method," where they record their thoughts and ideas in a short video or audio message, which is then transformed into a full post or email by a copywriter. Business owners need copywriters to create content, as they often don't have the time or inclination to write every piece of copy themselves. Copywriters can earn between £1,200 to £2,400 a month, with highly skilled copywriters earning £4,000 to £8,000 a month.

High Performance: Mastering Focus in a Distracted World

The third skill is high performance, which focuses on the ability to concentrate and avoid distractions. Richard argues that in today's society, constant distractions have significantly reduced people's productivity. He highlights the importance of being able to focus for extended periods to maximise output. By improving focus and minimising distractions, individuals can achieve significantly more in the same amount of time, leading to greater success in any field.

Remote Setting: Booking Calls for Online Educators

Remote setting is the fourth high-income skill, involving booking potential clients for online coaches and educators. Richard exposes the fact that many online gurus make more money selling courses than actually doing what they teach. Remote setters act as secret agents, messaging people on social media to generate interest in a product or service and then booking them for a phone call with a closer. Setters earn a commission for each booked call that leads to a sale, potentially earning £2,400 to £4,000 a month.

Remote Closing: Selling Products Over the Phone

The fifth and final skill is remote closing, which involves selling products or services over the phone. Closers conduct calls to understand the client's needs and goals, and then recommend a product as a solution. Due to the higher skill level required, closers earn a higher commission than setters, around 10% of the sale. A closer making one sale a day could earn £400 a day in commissions.

Choosing the Right Skill and Taking Action

Richard concludes by encouraging viewers to focus on mastering one skill at a time. He promotes his Impact Clients University, which offers training and career coaching to help individuals build a remote career. He offers complimentary game plan sessions to help people determine the best career path for them. The video ends with a call to action, urging viewers to watch another video on the best business models and to subscribe to the channel for more content.

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Transcript

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0:00 look over half of the Millennials and genz are now saying that they are struggling from paycheck to paycheck and I don't mean to offend you or agitate you but here's the honest truth the traditional path of going to a 4-year College getting a degree and getting a job it just doesn't work the same way anymore and for a long time quite honestly I subscribed to this path coming from Asian-American parents my dad's a PhD my mom has a master's in computer science all I knew was traditional education I went to UCLA graduated in 3 years rather than four got a degree p paper with Biology and an entrepreneurship minor and somehow I finished scratching my head thinking what did I just learn that could help me make an income online and in this video today I want to share with you the five high income skills that I truly believe you can learn within 90 days or less and

0:46 if executed upon properly can earn you a full-time income and you don't need a 4-year college degree to do so now before I jump to point number one I do want to clarify that these high income skills are very power powerful for one reason you don't need to start a business you just focus on one skill get so good at it that other businesses and other clients cannot say no to working with you and for that reason these are Recession Proof now the first skill set is what I call short form editing now I have a lot of peers that you might recognize Iman Luke bmer and Tate and all of them do this one thing which I do as well and that's called short form content if you go on Instagram Tik Tok Snapchat it doesn't matter what platform it is chances are you have seen a 30 to 45 second video one of them and this short from content has a really viral

1:32 strategy let me just explain what the strategy is if you post something that's 30 seconds long it's easily digestible and that goes viral and then what ends up happening they decide out of curiosity to search you up on YouTube and then that's how they land on your main YouTube channel and then once they on your main YouTube channel that's where people can actually begin promoting their own offers whether that's a course that's a supplement that's a clothing line whatever the main product is that they're used to actually make money through the business and the truth of the matter is business owners right now need desperately people who can take their content edit and package it and tell their story in an elegant way for them to be able to grow their business and so if you learn this one skill of editing for sure you can make $3 to $5,000 a month now before I talk about the remaining four high- income skills I do want to tell you that if you want a deep dive on what's the best

2:18 business opportunity for you to start this year I would recommend you watch my most popular YouTube video where I break down the best five to S business models in which which one is best suited for you depending on what personality type you have whether you're introverted or extroverted whether you're beginner Advanced and quite frankly every day I probably get like 15 20 people who DM me on Instagram saying dude that was one of the best videos I've ever seen before people literally DM me their notes on Instagram of what they learned feel free to do so as well I'd appreciate if you shared it but I'll leave that as the first link down below definitely make sure you check out that video once you're done with this one now for the second teaching point it's called social media copyrighting now if you look at most of the influencers that post social media posts online you might wonder do these guys actually write their own

3:05 content or do they have someone writing the emails for them and the reality is most influencers use what I call a leveraged writing method which is they take their voice their thoughts and they record a one minute loom video they might record an audio message and send that to a copywriter but it's a copy's responsibility for taking that person's Voice or message and then writing a full post on it writing a full email on it even long form YouTube videos they're not even writing themselves they have someone else write them for them and that's exactly what a copywriter does and business owners desperately need this position because they are not willing to write every single piece of copy theirself now copywriters generally starting can be as low as 1,500 to $3,000 a month however if you are a very good copywriter you could very simply

3:50 get that income 5 7 even $10,000 a month if you're bringing value to the organization you're working with now this third hom skill is something that you might might not expect and it's what I call high performance now a lot of you might be rolling your eyes thinking a it's just another productivity he's going to tell me to wake up early he's going to tell me to take old showers he's going to tell me to be disciplined and don't give up and some motivational BS but that's not what I'm here to tell you I want to just explain to you very clearly that most people in our generation now cannot do one thing you know what it is focus because we are flooded with so many distractions on a daily basis whether that's social media messages bumps notifications dings porn when was the last time this week where you actually sat down had no distractions in whether you're a student whether you're working a 95 job or you got your own side hustle you actually

4:36 sat down and focus for 2 3 hours nonstop and got into flow States when I asked that question to most of my friends who were in University to most of my friends who work in five jobs they go honestly dude like that never happens like every 30 minutes I'm going to get some email I'm going to get some message I'm going to get a text from my parents I'll check it and then you know that goes down the rabbit hole where I get distracted and you know what the research shows that because of all the distractions that modern-day Society has now created for us humans have up to a 30 to 40% decrease in their outputs which means if you're working 10 hours every single day and you're going man I work hard I work really really hard and I know that because I'm working like 5060 hours can you imagine if out of every 10 hour day you only actually got 6 hours of work done and 4 hours you just wasted you somehow wasted it away because you

5:22 lacked this one skill set high performance now all of a sudden you understand wow it does make sense the reason why I I have been able to build a $20 million company and only the last 3 4 years of my business career is really really simple it's not because I'm smarter than you it's not even because I work harder than you it's because I have figured out a way that during the same 10hour workday that you and I both have together we're both sitting in front of the computer I'm just able to get two times more things done than you in all my competitors because I have figured out how to be a high performer the faster that you can get to Master on high performance the faster you will execute and move faster with any of these other high income skills that I'm going to share with you so let's jump into the other two now these two are my particular favorites because both of

6:08 them I have done and I'm going to share them with you in the progression in which the first skill is what got me to my first4 to $6,000 month and then the second skill set I'm going to share with you here is Will got me to over $ 15 to $20,000 a month of income so let's do the first one it's called remote setting right but remember at the beginning of the video I told you that there's something I'm going to expose that none of these online coaches and gurus want don't know it's that they're making more money selling their education products than they are actually doing the thing that they're telling you to do one of the divisions of my company is a B2B division where we actually coach and consult for these business owners but I have one client who teaches how to make money with YouTube automation he makes about $10,000 a month with automation his business that sells a course on YouTube automation does over $500,000 a month so you can see the difference in income another one of my friends who has

6:54 an Airbnb real estate offer he made his first six figures doing real estate Airbnb he has a business that does over $300,000 a month selling a $110,000 course on real estate Airbnb Arbitrage I have my own online education products as well the point I'm just trying to make is that when everyone in this Gold Rush of an opportunity is trying to find gold there's other people who made their Fortune selling shovels and that's what selling courses is all of them if you send them a message on a platform like Facebook or you DM them on Instagram they're going to respond to you but it's not actually them responding to you chances are it's a person called the remote Setter is a training secret agents whose only job it is is to message people on Instagram and when they message them on Instagram do you know what happens the center talks with you back and forth back and forth back and forth tells you about the

7:39 opportunity tells you about what the product is and then the setter tries to book you onto a phone call and when he books you onto a phone call a closer which I'll talk about in a second is a person who sells products now if the product let's say is a $5,000 course the center generally is going to make about 4 to 5% well 5% Commission on a $5,000 product is $250 which means every single day if you book a few calls and those calls show up to the phone call and then the salesperson is able to sell the product that Setter just made $250 day in and day out like clockwork and honestly in my opinion I don't think there's anything simpler that can get you to your first $3 to $5,000 a month than the skill set which now takes me to the fifth skill which is remote closing now remember how I just told you someone actually needs to talk to you on the phone to sell the product that person is called a remote closer and a closer's job is over a 1hour phone call or Zoom

8:25 call the goal is to help you create a plan of action identify your goals identify you're stuck and if the closer thinks that your right fit the closer will recommend that their product is a solution to your pain and your problems and that's the product that the customer typically buys now the closer because it is a much more difficult skill set than setting is going to make about two times more their commission is going to be about 10% same principle if a closer takes four phone calls every single day and one of those phone calls closes at a 25% closing rate which is pretty standard in our industry that person is going to make one sale $5,000 $500 a day in commissions now at this point you might be thinking holy crap Richard these are awesome skill sets but out of these five which one is the best one for me and that's why I actually founded the impact clients University which is an online education institution that actually trains individuals on how to

9:11 build a remote career online and create a full-time income and as little as the next 3 months my company offers complimentary game plan sessions with my career coaches where they actually walk you through a 90day game plan what exactly you want to achieve in terms of career and what is the best career that is meant for you and if our career coaches determined that you are the perfect fit to find success within one of our paid University programs they can tell you about that and you can find out some more information if you like and hey at the very minimum you got a really valuable 90-day game plan so I'll leave that as a second link down below if you are genuinely interested in getting a 90-day game plan of what is the best career for you and look I don't expect you to learn all these skill sets all at once in fact you might know that Focus stands for follow one course until

9:56 successful not two not three and definitely not five so most importantly my genuine honest recommendation for you is just to focus on one of them and go all in on that one I want you to do one thing watch my next video right now it's going to pop up right here on the best business models that you can get started with and step by step how you can get implemented with those right now if you got value from this video remember to share text the link over to a friend share it on your stories and hit that subscribe button and like button if you like to see more videos like this remember how you do one thing is how you do everything I'll see you in that video right there

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