We all know that there are many ways to earn more money, like picking up a side hustle or getting a second job. But one of the easiest ways to earn more is by upskilling.
What is it, and how can it help you earn more money without working more or working harder? Let’s talk about it.
What Is Upskilling?
First, what is upskilling?
Basically, it’s the process of learning and acquiring new or applicable skills for the work that you already do. By learning these skills, you are preparing yourself for long-term growth for future work. While many new skills can be learned, the most popular are digital and organizational skills.
Why is it so important to uplevel your skillset?
For one, it can help you negotiate a raise or increased responsibility in a job (aka, a new job title). But also, it’s important because of the changes that we’re already facing in the workforce.
Technology is changing the workforce, and fast! And many people, especially unskilled workers, can’t seem to keep up. But with upskilling, you’ll be learning and upleveling your skills to keep up with the times and needed skillset that many jobs have openings for.
Benefits & Opportunities
What are some of the benefits and opportunities for upskilling yourself? There are probably more than you think!
One of the biggest benefits would be the fact that you could make more money.
You’d be more confident in asking for a raise, or a promotion, or even increased benefits. And, not only would you be confident, you’d have the skills to back it up. By being able to demonstrate your new skills, you can show your company why they need to give you a raise or promotion, and how they can benefit from it.
It Can Help You Find A Better Job
Some people hate their jobs, or know that they want to do something different or new. By upskilling, you’ll learn new skills that you can then use to get into a new field, get a higher paying job, or consider new opportunities.
Upskilling also helps you improve yourself.
Think about it this way; we eat right and exercise to improve our bodies and keep us active. We play Sudoku puzzles and other brain games to keep our minds sharp. These are all very important aspects of helping us grow and improve.
The same goes for upskilling.
Consistently learning and stimulating your brain to improve yourself has many benefits. Just a few include…
- a longer memory,
- the ability to focus and be productive,
- and even possibly slow down the onset of diseases like dementia.
Helps You Love Learning
Maybe you didn’t like school growing up. And maybe you’ve found yourself in a position of not learning unless you absolutely have to. For example, when was the last time you picked up a book to read for fun? Or enjoyed a lecture?
By upskilling, you’ll get to learn what you’re most passionate about (or most interested in). This in turn could lead to an appreciation or love for learning, which will also expand your potential and happiness.
Examples of Upskilling
What are some examples of skills that you could learn?
While you can learn just about anything online these days, here are some popular options:
- Data Analysis
- Effective Communication
- Business Analytics
- Digital Marketing
- Social Media
- Agile Product Development
- Marketing Analytics
- UX (User Experience)
- Project Management
- Product Management
Again, there are hundreds (if not thousands) of skills that aren’t included on this list, and many can be learned online or through a course. However, you’ll have to decide what skills could best help you and your career. Plus, it’s important to see what you’re already skilled in, and try to uplevel that skillset.
How Can You Learn These Skills?
Once you’ve decided on a skill you want to learn, how do you do it? Luckily for us, we live in a time where technology and learning is at our fingertips. Below are just a few ways you can start upskilling.
One of the easiest ways that I’ve found to start upskilling is by using a service like SkillShare. These services offer courses and classes that you can take for a set monthly fee, and you can choose between hundreds of different skills.
I personally prefer using SkillShare because it’s only $15 a month, but there are so many other options as well. Just a few include Coursera, Udemy, and even Khan Academy.
Some of my personal favorite classes for learning new skills are:
- HTML & CSS Basics
- Powerful Storytelling Skills
- Facebook Ads & Instagram Ads
- Introduction To SEO
- Social Media Copywriting
Of course, feel free to choose what works best for you, but these could be great classes to start with.
Take A Course At Community College
If you have a local community college near you, you could also pay for a one-time course or learning day. For example, my local community college has courses and programs that are completed in one day, and you pay a set fee.
One of the most popular courses is the Six Sigma Black Belt course that prepares learners for their certifications. This course (at my college) is $799, and by the end of the day all of the learners are prepared to take their test to get their certification.
Get Training On The Job
Of course, you can always go through your job (if available) and get increased training opportunities. You may also be able to get your job to pay for classes, training, courses, or even higher education. You can then utilize these skills to perform better on your job, which is a win-win for everyone.
Just make sure that if you go this route, that you know the rules and stipulations. For example, many jobs require you to work with them for a certain period in exchange of providing you with money for higher education.
Upskilling: It’s Important, So Let’s Do It!
As you can see, upskilling is one of the best things you can do for yourself. Not only will it give you more opportunities to earn money (without a ton of extra work) but it will also allow you to feel more accomplished.
Are you ready to start upskilling? What are you committed to get better at?
AUTHOR Kimberly Studdard
Kim Studdard is a strategy consultant and course launching expert. When she isn't spending time with her daughter and husband, or crying over This Is Us, you'll find her teaching other mompreneurs how to scale their business without scaling their workload.