Joining us in the booth this week is Dominic, a career expert and legal contract manager.
In this episode we discuss:
- Why Dominic turned down a training contract from a legal firm - How 9-5ers can increase their income to £100k+ with their existing skills - The importance of analysing what you want from your career - How you can build wealth into the millions with your 9-5 - Why you should and shouldn't pursue a contract role - How Dominic has been contracting for 5 years even in a tough market - Top Skills & industries that command a high income - Why you shouldn't start a random side hustle but instead utilise your existing skills - The importance of building a network in your career and much more
Timestamps 0:00 - Preview 1:09 - Intro 1:44 - Meet Career expert & contract manager Dom 3:27 - Growing up in Jamaica 6:13 - I turned down a lawyer job for this! 10:53 - Is job title more important or money? 15:46 - How I got into contracting..It changed my life! 19:10 - Some contractors are making £700/£800 per day..! 20:41 - Contracting for 5 years straight! This is my honest opinion! 25:15 - If you’re a contractor, you’re’ a business owner! 29:26 - Typical day rates with my skillset 31:59 - You miss out on these benefits if you contract! 34:35 - How I manage my money effectively 39:26 - You can become a millionaire with a 9-5! 44:55 - Why you shouldn’t do contracting? 48:05 - Contracting is more tax efficient 49:33 - Should everyone be a contractor? 52:58 - Don’t start a random side hustle. Stick to what you’re good at! 54:18 - Skills that generate a lot of income! 56:06 - If I were to go back in time, I would do this! 58:09 - Best industries for contracting 1:01:06 - How I managed to stay contracting in a tough market! 1:04:32 - Can you get a mortgage if you’re a contractor? 1:06:52 - The Career Guard! 1:08:11 - Final words
Other EPISODES to watch: EP. 119 - INSURANCE EXPERT: You’re Taking A Big Risk With Your HEALTH If You Don't Do This..! ft. Emmanuel Jones https://youtu.be/9qKeY8JZXRk
The information contained on this video is not intended as, and shall not be understood or construed as, financial advice. I am not a financial advisor and the information in this video is not a substitute for financial advice from a professional who is aware of the facts and circumstances of your individual situation.
We have done our best to ensure that the information provided on this video are accurate and provide valuable information. Regardless of anything to the contrary, nothing available on this video should be understood as a recommendation that you should not consult with a financial professional to address your particular information.
