How to Start Making Money with Excel (For All Skill Levels)

Summary

This video offers insights on leveraging Excel skills for lucrative job opportunities, with potential earnings exceeding $100,000 annually. It covers job platforms like LinkedIn, Indeed, Upwork, Freelancer, and Fiverr for finding Excel-related roles. The script details beginner to advanced Excel skills required for various positions, such as data entry specialist, junior data analyst, and financial analyst. It also suggests independent roles like freelance spreadsheet creator and Excel consultant. The video concludes with free learning resources and a course offer for mastering Excel.

Takeaways

• 💼 Excel skills can lead to high-paying jobs, with potential earnings over $100,000 a year.
• 🌐 Various platforms like LinkedIn, Indeed, Upwork, Freelancer, and Fiverr offer opportunities for Excel-related jobs.
• 🔍 Optimize job search profiles with relevant keywords to increase visibility and find Excel job opportunities.
• 💼 Entry-level Excel skills such as data entry, basic spreadsheet creation, and simple calculations are in high demand.
• 📈 Intermediate Excel skills include data analysis, chart creation, and pivot tables, which are valuable across industries.
• 📊 Advanced Excel skills like complex formulas, macros, VBA programming, Power Query, and Power Pivot can lead to lucrative roles.
• 🏆 Job roles for advanced Excel users include financial analysts and business intelligence analysts, requiring sophisticated Excel functions.
• 🤝 Independent work opportunities with Excel skills include freelance spreadsheet creation, macro development, and consulting services.
• 💰 For independent contractors, requesting a 50% deposit upfront can help ensure payment and filter out potential non-paying clients.
• 📚 Free Excel learning resources are available on platforms like YouTube, blogs, and websites offering practice datasets.

Q & A

How much money can Excel skills potentially earn you per year?

Excel skills can potentially earn you over $100,000 a year.

What is the range of Excel knowledge levels covered in the video?

The video covers everything from beginner to advanced roles.

What opportunities are shared for those who prefer working independently?

Opportunities for working independently include freelance spreadsheet creation, Excel macros and automation specialist, and providing Excel consulting services.

What resources are available for learning Excel skills for free?

Resources for learning Excel skills for free include Excel videos on the presenter's YouTube channel, a comprehensive blog with tutorials and practice files, and free practice datasets on sites like Kaggle.com, Data.World, and Google Dataset Search.

Which platforms are mentioned as good places to find Excel-related jobs?

Platforms mentioned include LinkedIn, Indeed, Upwork, Freelancer, and Fiverr.

How can you optimize your LinkedIn profile to find Excel-related positions?

You should optimize your LinkedIn profile with keywords for relevant skills and experience, use the job search feature, join relevant groups, and engage with content.

What beginner-level Excel skills can you use to start making money?

Beginner-level skills include data entry, creating simple spreadsheets, and performing basic calculations.

What intermediate Excel skills are highly valuable in many industries?

Intermediate skills include data analysis, creating charts, using common functions and formulas, and pivot tables.

What advanced Excel skills can significantly improve efficiency and decision-making in businesses?

Advanced skills include advanced formulas and functions, automating tasks with macros and VBA programming, gathering data with Power Query, and modeling with Power Pivot.

What advice is given for those who want to work independently using their Excel skills?

If working independently, it's advised to ask for a 50% deposit upfront to avoid time wasters and ensure payment.

What types of Excel-related services can you offer as a freelancer?

As a freelancer, you can offer services like creating customized spreadsheets, developing and implementing Excel macros for automation, and providing Excel consulting services.

Outlines

00:00

💼 Excel Skills for High Earning Potential

This paragraph introduces the lucrative potential of Excel skills, suggesting that proficiency in Excel can lead to earning over $100,000 a year. The speaker promises to cover a range of Excel knowledge applicable to various experience levels, from beginners to advanced users. The video will also provide resources for learning Excel for free. The speaker has done research using reliable sources like PayScale and Indeed to gather accurate salary information. The paragraph also discusses various platforms where one can find Excel-related job opportunities, such as LinkedIn for professional networking, Indeed for job search, Upwork and Freelancer for freelancing projects, and Fiverr for offering services. The speaker emphasizes the importance of optimizing profiles with relevant keywords and engaging with the community to expand one's network.

05:01

🚀 Advancing Your Excel Career

The second paragraph delves into the different skill levels required for Excel-related jobs and how they can be monetized. It starts with beginner skills like data entry and basic calculations, which are in high demand despite their simplicity. The paragraph then moves on to intermediate skills, such as data analysis and using pivot tables, which are valuable across many industries. Job ideas for those with intermediate skills include junior data analyst and reporting specialist. Advanced skills are also discussed, which include advanced formulas, macros, VBA programming, Power Query, and Power Pivot. The paragraph suggests job roles for advanced users like financial analyst and business intelligence analyst. Additionally, the speaker mentions opportunities for independent work, such as freelance spreadsheet creation and Excel consulting services. The paragraph concludes with advice on securing payment with a deposit upfront and points viewers to the speaker's YouTube channel and blog for free Excel learning resources, including videos, tutorials, and practice files.

Keywords

💡Excel skills

Excel skills refer to the ability to use Microsoft Excel, a spreadsheet program, efficiently and effectively. In the context of the video, Excel skills are portrayed as a valuable asset that can lead to lucrative job opportunities and high earning potential. The video promises to show viewers how to monetize their Excel knowledge, regardless of their current proficiency level.

💡earning potential

Earning potential refers to the amount of income one can potentially earn. The video emphasizes that mastering Excel skills can significantly increase one's earning potential, with the possibility of earning over $100,000 a year. It serves as a motivational factor for viewers to improve their Excel abilities.

💡job roles

Job roles are specific positions or functions within a company or freelance market. The script outlines various job roles that require Excel skills, ranging from beginner to advanced levels, such as data entry specialist, administrative assistant, junior data analyst, and financial analyst. These roles are used to illustrate the diverse career paths available to those with Excel expertise.

💡freelance work

Freelance work involves performing services for clients independently, typically on a contract basis. The video mentions platforms like Upwork and Fiverr, where individuals can find freelance Excel-related projects. Freelancing is presented as a way to work independently and offers flexibility and the potential for high earnings.

💡full-time position

A full-time position is a regular job where an individual works a set number of hours per week for a company. The video suggests using platforms like LinkedIn and Indeed to find full-time Excel-related jobs, indicating that there is a demand for professionals with advanced Excel skills in the traditional job market.

💡LinkedIn

LinkedIn is a professional networking site that also features job postings. In the video, it is recommended to optimize one's LinkedIn profile with relevant keywords and to join groups to expand one's network, which can lead to job opportunities requiring Excel skills.

💡Indeed

Indeed is a comprehensive job search engine mentioned in the video for finding both full-time and part-time Excel-related jobs. It is suggested to use specific keywords in job searches and to set up alerts for new opportunities.

💡Upwork

Upwork is a freelancing platform highlighted in the video where one can find and apply for Excel-related projects. It is advised to create a detailed profile and use keywords to improve visibility to potential clients.

💡Freelancer

Freelancer is another platform mentioned for finding freelance Excel jobs. The video encourages users to write personalized proposals for projects that match their skill level and to showcase their work to build credibility.

💡Fiverr

Fiverr is a platform for freelancers to offer services, including Excel-related tasks. The video suggests creating service gigs focused on specific Excel skills, such as custom dashboards or financial modeling, and using clear and attractive descriptions to attract clients.

💡beginner skills

Beginner skills in Excel refer to basic abilities like data entry, creating simple spreadsheets, and performing basic calculations. The video explains that even those new to Excel can offer these services and meet a high demand from businesses needing help with data organization.

💡intermediate skills

Intermediate skills denote a level of proficiency in Excel that allows for more complex tasks such as data analysis, creating charts, and using pivot tables. The video suggests that individuals with these skills can take on roles like junior data analyst or reporting specialist, which require a deeper understanding of Excel's capabilities.

💡advanced skills

Advanced skills in Excel include the ability to use advanced formulas and functions, automate tasks with macros and VBA programming, and model data with Power Pivot. The video positions these skills as highly valuable for roles such as financial analyst or business intelligence analyst, where they can significantly improve business efficiency.

Highlights

Excel skills can earn you over $100,000 a year.

The video covers Excel knowledge for all experience levels.

Opportunities for independent work are shared.

Free resources for learning Excel are provided.

Reliable sources like PayScale and Indeed are used for salary information.

LinkedIn is recommended for job postings and networking.

Indeed is a comprehensive job search engine.

Upwork is a platform for finding Excel-related freelance projects.

Freelancer offers numerous Excel job listings.

Fiverr is for freelancers offering Excel services.

Beginner skills like data entry and basic calculations are in high demand.

Intermediate skills include data analysis and using pivot tables.

Advanced skills involve advanced formulas, macros, and Power Pivot.

Job ideas for beginners include data entry specialist and administrative assistant.

Intermediate job ideas include junior data analyst and reporting specialist.

Advanced job ideas include financial analyst and business intelligence analyst.

Freelance spreadsheet creator and Excel consulting services are independent roles.

A 50% deposit upfront is recommended for independent work.

Excel videos and tutorials are available on the YouTube channel.

Free practice datasets can be found on Kaggle, Data.World, and Google Dataset Search.

Comprehensive courses with support are offered by the channel.

Transcripts

Did you know that Excel skills can earn  you over $100,000 a year? In this video,  

I'll show you how you can turn your Excel  knowledge into cash, no matter your experience  

level. We'll cover everything from beginner to  advanced roles, and I'll even share opportunities  

for those who prefer working independently.  And stay tuned until the end, where I'll share  

resources for learning Excel skills for free  so you can increase your earning potential.

Now, I've scoured reliable sources like PayScale,  Indeed, and more to give you accurate insights  

and salary information. But before we dive into  the specific job roles, let's talk about where  

you can find these opportunities. There are  several platforms where you can search for  

Excel-related jobs, whether you're looking  for freelance work or a full-time position.

LinkedIn is a professional networking  site with job postings and networking  

opportunities. Optimize your profile with  keywords for relevant skills and experience,  

and use the job search feature to find  Excel-related positions. Be sure to join  

relevant groups and engage with  content to expand your network.

Indeed is one of the most comprehensive  job search engines for full-time and  

part-time jobs. Use specific keywords like  "Excel specialist" or "data analyst" in  

your searches and set up job alerts to  get notified about new opportunities.

Upwork is a freelancing platform where you  can find various Excel-related projects.  

Create a detailed profile highlighting  your Excel skills and apply for relevant  

projects. Be sure to use keywords in  your profile to improve visibility.

Freelancer is another freelancing platform  with numerous Excel job listings. Make sure  

you write personalized proposals  to bid on projects that match your  

skill level and showcase your work  or projects to build credibility.

Fiverr is a platform for  freelancers to offer services,  

including Excel-related tasks. You create  service gigs focused on specific Excel  

skills like custom dashboards,  financial modeling, templates,  

etc. Make sure you use clear and attractive  gig descriptions and titles to attract clients.

These are just a few websites where you can find  Excel jobs. There are many more out there, but  

these platforms are some of the most popular and  user-friendly, making them a great place to start.

Now let's look at the skills you'll  need. Starting with beginner skills,  

even if you're new to Excel, there are  plenty of ways you can start making money  

at the beginner level. You can offer services  like data entry, creating simple spreadsheets,  

and performing basic calculations. Now, these  tasks might seem simple, but they're in high  

demand. Many businesses need help with organizing  their data and ensuring everything is accurate.

Job ideas for beginners include data  entry specialist. For this role,  

you'll need to enter data into  spreadsheets, ensure accuracy,  

and manage data. Proficiency in basic Excel  tools like sorting, filtering, and basic  

keyboard shortcuts, and simple formulas will be  ideal. Administrative assistant. For this role,  

you'll handle Excel spreadsheets for various admin  tasks, including scheduling, data management,  

and basic reporting. Familiarity with Excel  functions and data organization will be necessary.

Next, let's talk about intermediate skills. If  you're comfortable with Excel and you know some  

of its more advanced features, you can take  on more complex projects. Intermediate skills  

include tasks like data analysis, creating  charts, common functions and formulas,  

and using pivot tables. These skills  are highly valuable in many industries.

Here are some job ideas if you have intermediate  skills. You could be a junior data analyst.  

For this role, you'll analyze data to help  businesses make informed decisions. The Excel  

skills you'll need include data manipulation,  using pivot tables, creating charts, etc. Or you  

could be a reporting specialist. For this role,  you'll create detailed reports and dashboards,  

requiring skills in data visualization and  more advanced Excel tools like Power Query.

Let's look at advanced skills.  If you're an Excel pro,  

there are some fantastic opportunities  out there that can be very lucrative.  

Advanced Excel skills include advanced formulas  and functions, automating tasks with macros and  

VBA programming, gathering data with  Power Query, and modeling with Power  

Pivot. These skills can significantly improve  efficiency and decision-making in businesses.

Some job ideas for advanced users include  financial analyst. For this role, you'll build  

financial models and forecasts. The Excel skills  needed will include advanced Excel functions,  

Power Query, and possibly Power Pivot.  Business intelligence analyst. For this role,  

you'll use Excel for data visualization and  business insights. Proficiency in data modeling,  

advanced functions, and BI tools like Power  Query and Power Pivot will be required.

Now, besides working for a company, you can also  use your Excel skills to work independently and  

enjoy more freedom and flexibility. There's  roles like freelance spreadsheet creator,  

creating customized spreadsheets for  clients or selling them on sites like  

Etsy. Or Excel macros and automation specialist.  

Here you develop and implement macros to  automate tasks and improve efficiency;  

and Excel consulting services, providing custom  solutions to small and medium-sized businesses.

If you are going out on your own, be sure  to ask for a 50% deposit upfront to avoid  

time wasters and ensure you get paid. If  people don't want to pay you a deposit,  

then this is a very good sign they are likely to  be trouble, and you're better off without them.

Now, if you're wondering where you can learn  these Excel skills, the good news is there's  

a huge library of Excel videos right here on my  YouTube channel. I also have a comprehensive blog  

with step-by-step written tutorials and practice  files that you can download, and there are plenty  

of free practice datasets available on sites like  Kaggle.com, Data.World, and Google Dataset Search.

If you want to speed up the learning process,  I also offer comprehensive courses with support  

from me when you need it. You'll find the links  to these resources in the video description and  

pinned comment below. Now check out this video  next if you want to learn about high-income  

Excel skills worth learning right now and get  an introduction to them. I'll see you there.