We must develop and build valuable skills that society wants, but doesn’t have easy access to.
Building your highly valuable skills is more than just absorbing the zeitgeist of the given moment. Consuming social media and becoming an expert in all things pop culture, sports, and movies have little staying power because what society trains you for, can just as easily train someone else who can quickly replace you.
Deliberately practicing rare and valuable skills is the way to build them. These are not skills that any person can pick up by reading a book, they are skills that require practice and getting better. These hands-on skills that you develop are usually highly creative, technical, personality-driven, or non-automate-able things. This is part of what makes them so valuable when you are able to do them.
Identify skills that are valuable. Develop those rare and valuable skills by practicing them. Learn to build and sell valuable skills and there will always be a place in the market for you, no matter the interest rates, inflation, economic stability, etc…