Your skill set is what allows you to turn your ideas into money. If Will Smith needs an extra million dollars, he goes an do a movie. Donald Trump will sell a house. Jay-Z will make a new album. Thomas Friedman will write a new book. What would you do? Robert Allen, author of “Multiple Streams of Income” is known for his “Challenges”. He says if you:
“Sit me at the keyboard of any computer in the world with access to the Internet, and in just 24 hours I’ll earn at least $24,000 in cash.”
“Send me to any city. Take away my wallet. Give me $100 for living expenses. And in 72 hours I’ll buy an excellent piece of real estate using none of my own money.”
How is Robert Allen able to successfully complete these challenges and you can’t. It’s his skill set. A couple weeks ago we spoke to a group of college kids and we challenged them. “What would you do if you HAD to make $100 by the end of the day without working for wages?” They all drew on their skill sets for the different ways to make a $100 dollars. As the dollar amount increase, less and less people have the skill set to accomplish the challenge. So we say, increase your skill set and you will increase your income.