EP. 120 - Career Expert: This Is How You Can MAKE £100k+ With A 9-5 Job...! ft. Soambitious Dom

Joining us in the booth this week is Dominic, a career expert and commercial 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

Connect with Dom on Instagram here - https://www.instagram.com/soambitiousdom

Connect with Dom on TikTok here - https://www.tiktok.com/@soambitiousdomm

Check out Dom's newsletter the Career Guard here - https://thecareerguard.com/subscribe

Follow me on: 

• Instagram - https://www.instagram.com/savvywallet
• Tiktok - https://www.tiktok.com/@savvywallet

Check out: https://www.youtube.com/savvywallet for the video version

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Timestamps

00:00 - Preview

01:09 - Intro

01:44 - Meet Career expert & contract manager Dom

03:27 - Growing up in Jamaica

06:13 - 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

01:01:06 - How I managed to stay contracting in a tough market!

01:04:32 - Can you get a mortgage if you’re a contractor?

01:06:52 - The Career Guard!

01:08:11 - Final words

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