Talents rarely ever automatically translates into money. I am sure you know a lot of talented folks who are broke, very broke and you cannot help shake off the feeling that they have no business been broke. It turns out you are making a mistake, having a skill doesn’t automatically bestows upon you the millions because you still need to learn how to monetise your skills.
Look, a great idea has NEVER matured into a great company. Great business management skills is what the top companies in the whole have, that is how they are able to monetise the vast skills and talents at their disposal. History is full of examples of great ideas that died due to poor business management skills.
In this age and time I meet people everyday who claim to be writers but have NO BLOG AND NO PUBLICATION WHERE THEY CONTRIBUTE TO ON A FREQUENT BASIS, they merely write in their paper notebooks where the writings gather dust. Oh, I even meet someone who claims to be a ‘proficient blogger’ but doesn’t actually run a blog!
So, let’s be clear: you can be born with all the talent in the world, you can acquire all the skills under the sun and still die broke unless you learn how to monetise your skills. How can people hand over their money to you when they have ‘nothing’ to pay you for?
“I am a gifted writer” is meaningless until you convert it into tangibles: articles and pieces that fetch you money.
“I am a skilled fashion designer” is meaningless until we see your designs and can actually buy them.
You are not a ‘master website developer’ until you can show us your body of work which would probably be various websites on the INTERNET (not on some obscure hard drive).
We need to become more productive with our skills, we need to create products people can pay for. Products is what people pay for not the skills and talents.
