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- #16 Become the Highest Paid Data Analyst 💵
#16 Become the Highest Paid Data Analyst 💵
3 Strategies to Make More $$ as a Data Analyst
💰️ A Data Analyst Needs A Side Income
Invest before this company becomes a household name
What if you had the opportunity to invest in the biggest electronics products before they launched into big box retail, would you?
Ring changed doorbells and Nest changed thermostats. Early investors in these companies earned massive returns, but the opportunity to invest was limited to a select, wealthy few. Not anymore. RYSE has just launched in 100+ Best Buy stores, and you're in luck — you can still invest at only $1.50/share before their name becomes known nationwide.
They have patented the only mass market shade automation device, and their exclusive deal with Best Buy resembles that which led Ring and Nest to their billion-dollar buyouts.
📊 Become the Highest Paid Data Professional
There are jobs and there are high paying jobs.
The latter usually harder to come by but you’d rather be over prepared than under prepared when an opportunity comes by.
Let me start off by defining that a high paying data analyst job requires a skill set that can be learned or transitioned into by anyone with a little bit of resilience. Here are three key strategies to get you there:
🧑💻Write, Document, Publish, and Advertise
• Build Credibility: Continuously document your projects and findings. Share your insights on platforms like LinkedIn, Medium, or personal blogs.
• Showcase Expertise: Publishing articles, case studies, and tutorials can demonstrate your knowledge and attract potential employers.
• Network: Engage with the data community online, participate in forums, and advertise your work to build a strong professional presence.
The secret to growing on LinkedIn in 2024
There's a rising demand for high-quality video content on LinkedIn, creating a major growth opportunity.
How can you capitalize? Just grab your existing videos, and use OpusClip to turn them into clips and schedule them to post on LI.
🕺Switch Jobs Every 2-3 Years
• Salary Boost: Statistics show that job switchers can expect a salary increase of around 10-20% on average.
• New Opportunities: Regularly switching jobs can expose you to new challenges and technologies, broadening your skill set.
• Caution: If you’re facing immediate financial burdens, a job switch might not be ideal due to potential instability during transitions.
🥸Articulate Problems and Reach Decision Makers
• Clear Communication: The ability to clearly define and articulate problems is highly valued. It ensures that your insights and analyses are understood and actionable.
• Influence: Make sure your findings reach the ears of decision makers. This might involve tailoring your communication style to different audiences or using visualizations that highlight key points.
• Impact: Being able to communicate effectively can position you as a key player in decision-making processes, enhancing your value to the organization.
By focusing on these strategies, you can better position yourself for those coveted high-paying data analyst roles.
🔥 Hot Data Jobs Right Now! All REMOTE!
Senior Data Analyst
Annual Salary: $81K-173K
Company: GoodRxPrincipal Growth Data Analyst
Annual Salary: $120K-200K
Company: AircallData Analyst Co-op: Health & Safety
Annual Salary: $120K-200K
Company: MerckRisk Data Analyst
Annual Salary: $72K-104K
Company: Eventbrite IncSenior Data Analyst
Annual Salary: $135K-203K
Company: Kraken
📰 Data Tools, Articles and Resources
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Building Dashboards That Tell Stories
What 10 Years at Uber, Meta and Startups Taught Me About Data Analytics
Awesome Strategies to Visualize Change with Time