{"id":32794,"date":"2021-04-20T18:16:25","date_gmt":"2021-04-20T22:16:25","guid":{"rendered":"https:\/\/www.shortform.com\/blog\/?p=32794"},"modified":"2025-09-15T10:11:57","modified_gmt":"2025-09-15T14:11:57","slug":"make-more-money","status":"publish","type":"post","link":"https:\/\/www.shortform.com\/blog\/make-more-money\/","title":{"rendered":"Make More Money: Scott Pape’s Top 3 Strategies"},"content":{"rendered":"\n

Do you want to make significantly more money than you are currently making? What are some realistic ways to boost your baseline earnings?<\/p>\n\n\n\n

Money does not grow on trees. If you want to make more money than you are currently making, you have to be willing to make some fundamental changes. <\/p>\n\n\n\n

Here are three strategies that will help you make more money plus some questions to help you decide which one will work best for you.<\/p>\n\n\n\n\n\n\n\n

Editor\u2019s note: This article is part of\u00a0Shortform\u2019s guide to saving money<\/a>. If you like what you read here, there\u2019s plenty more to check out in the guide!<\/em><\/p>\n\n\n\n

How to Make More Money<\/h2>\n\n\n\n

Usually, people who want to boost their finances try to do that but cutting their expenses. But cutting your spending only goes so far. Plus, the more you cut, the more you have to downgrade your lifestyle. Instead, consider the bigger picture and think of ways to make (not save) more money. Here are three strategies to consider: <\/p>\n\n\n\n

Strategy #1: Ace Your Performance Review<\/strong><\/h3>\n\n\n\n

Acing your performance review could help you get a raise by showing you have the skills to achieve results. It could also help you move into roles that pay more. The best-paying roles tend to involve managing people or selling products.<\/p>\n\n\n\n

To ace your performance review, take on work you haven\u2019t done before and deliver on it. Here\u2019s how:<\/p>\n\n\n\n

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  1. Make notes of the main tasks involved in your job.\u00a0<\/li>\n\n\n\n
  2. Set ambitious goals<\/a> for each one.<\/li>\n\n\n\n
  3. During your performance review, ask your boss for feedback about your goals.<\/li>\n\n\n\n
  4. Over the next year, schedule time to work on your goals a little bit each day. This could include increasing your sales, or facilitating quarterly training sessions for your teammates.<\/li>\n\n\n\n
  5. Before your next performance review, prepare new goals and practice showcasing what you\u2019ve achieved in the past year.<\/li>\n\n\n\n
  6. At the review, ask for a raise or a promotion into a higher-paid role. Ideally, aim to make an additional $5,000 each year.<\/li>\n<\/ol>\n\n\n\n

    Strategy #2: Transition to Another Career<\/strong><\/h3>\n\n\n\n

    Getting promoted or getting a raise are great ways to earn income, but they aren\u2019t possible for everyone. You might not feel invested in your company, or even in the type of work you\u2019re doing. Instead, consider changing careers to do something that you\u2019re more passionate about.<\/p>\n\n\n\n

    It takes time to build the skills necessary to change careers or become self-employed as a contractor or freelancer. Here are some tips:<\/p>\n\n\n\n