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

Learn AI, Cybersecurity, Data Science & more with Coursera. Ato has personally used Coursera to obtain an AI certificate. This is an affiliate link so if you purchase a course or sign up to the monthly or annual subscription, we will receive a small commission from Coursera, however there will be no additional charge to you.

Learn on Coursera here: https://imp.i384100.net/savvywallet

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

Timestamps00:00 - Preview01:09 - Intro01:44 - Meet Career expert & contract manager Dom03:27 - Growing up in Jamaica06:13 - 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 skillset31:59 - You miss out on these benefits if you contract!34:35 - How I manage my money effectively39:26 - You can become a millionaire with a 9-5!44:55 - Why you shouldn’t do contracting?48:05 - Contracting is more tax efficient49:33 - 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 wordsLearn more about your ad choices. Visit megaphone.fm/adchoices