How to De-Comoditize Yourself (to get paid your worth)
If you want to get paid, you can’t be a commodity.
What’s a commodity?
People will swap a commodity for a similar good. For example, a raw input like sugar, corn, or oil is a commodity. But people can also be commodities. I know because I’ve been one.
When I taught Chinese kids English, I was a commodity.
I was a commodity because any native speaker could’ve done the job. All you had to do was log into the portal and follow the premade lessons. The fact is, I was replaceable. Because of that, I got paid a commodity (low) wage.
But when I started learning Mandarin Chinese, I stopped being a commodity.
After that, students constantly requested repeat lessons with “Mr. W” because I offered something unique. And when I started teaching on a new platform, I could charge more money. That’s when I realized if you learn in-demand skills, you get paid more. (Simple? Yes. Easy? no.)
When you learn skills, you increase demand for yourself and decrease the supply of people like you.
If you start building a specific talent stack based on your curiosity and your strengths, you explode your capabilities. Ideally, you’ll pick skills you enjoy to speed up your learning process and ensure good results.
What skill are you adding to your talent stack?
Read this post and more on my Typeshare Social Blog