Last updated on October 23rd, 2024 at 02:31 pm
Excel is a dynamic software that can open many avenues for making money. Here are some ways you could end up earning money by excel. Also I would include some real world testimonials and suggestions from experts who have actually done this.
Broader Areas of Earning Money By Excel
Freelancing:
Use your knowledge of Excel to offer freelance services on websites such as Upwork, Fiverr, and Freelancer. These tasks include data entry and management or creating complex financial models.
Training and Tutoring in Excel:
You can teach people how to use different levels of Excel through online courses, live classes, or one-on-one sessions. To reach more students, consider using sites like Teachable or Udemy.
Creating and Selling Templates:
Design templates for budgeting, project management, invoicing and other uses in Excel then sell them online via platforms such as Gumroad or Etsy.
Data Analysis/Reporting:
Companies hire individuals who help them interpret their data by providing analytics visualization services which use tools like Power Query and Power BI.
Consultant Services:
If you are an expert at VBA automation or have experience integrating Excel with other applications, then this service is perfect for you – especially since many firms need customized dashboards built from scratch!
Affiliate Marketing:
Write blogs about certain products related to excel programs/tools/courses where there are affiliate links included so readers can buy what they see demonstrated in videos created by yourself on YouTube channels dedicated solely towards teaching others how best utilize these resources effectively!
So I spoke to some of the experts in this filed who have used excel professionally and below are their suggestions and experiences.
Alex Johnson:
I never even considered starting a consultancy business or working for Microsoft. And let’s be real, who would pay us for solutions we give away for free because we love it? 😀
Sarah Thompson: Excel VBA Developer
Businesses don’t pay much for spreadsheet consulting because they use spreadsheets to save money! Develop skills that are specialized like data analysis with Excel instead. If you enjoy building in Excel, software programming can be more profitable to learn as people would rather buy robust enterprise products.
Michael Kim: Freelance Excel expert
There are so many ways to make money from your knowledge of Excel! You could do freelance custom development on Upwork, start an Excel blog or create training videos and sell them on Udemy. Developing templates or add-ins could be a source of passive income too! Specific affiliate articles about excel can work but need a lot of traffic.
Emily Clark: Excel engineer since 2005
Making money using Excel is possible through data entry and analysis services among other things. Creating spreadsheets then selling them online should be another option especially if this is something you’re very good at doing yourself as well! E-books packaged with information about specific areas where one has specialized knowledge may also bring in some revenue when converted into templates which again might attract experts within their respective fields who want such products from us..
Freelance Excel Salary in India
As of July 31, 2024, the average annual salary of freelance Excel professionals in India is ₹3,43,183. This breaks down to around ₹28,599 per month or ₹6,600 per week or ₹159.55 per hour. The lowest salary can be as low as ₹2,57,205 while the highest can go up to ₹5,10,806 depending on location and company among other factors. Such figures are obtained from careful research into various employment trends within this industry over time.
Getting a Job After Doing Excel
Excel Proficiency and Career Impact
There are close to one billion users of Microsoft Excel in the world, but only five to ten percent of those people think they are good at it.
Having a strong knowledge of Excel does not necessarily open any new job opportunities. For example, accountants, finance analysts, engineers or department heads usually deal with numbers every day. Since using Excel is just a small part of these roles there will still be other skills and qualifications needed for the job.
If you start a role that requires excel skills but you do not consider yourself proficient then over time your abilities will improve. Moving from beginner to intermediate skills takes time and practice as well as curiosity about what different functions do. Keyboard shortcuts can help speed things up if learnt but they’re not mandatory when learning excel. A person at an intermediate level feels comfortable using many functions including array formulas and basic VBA coding which is probably where most self-proclaimed experts lie so it’s important to note this isn’t bad either! These intermediates can effectively teach others how best to use the program leading them become known around their workplace as “the excel person”.
Reality
Advanced skills involve doing what most cannot do with the software itself alone. Simply mastering keyboard shortcuts doesn’t make one advanced; creating complex array formulas coupled with handling large VBa projects from scratch does! Advanced users are sought out for advice on forums such as StackOverflow because they deserve recognition for all their hard work towards becoming even more knowledgeable than before!
Reaching Guru status means dominating excel forums providing solutions to any type of question asked within them which may lead someone here considering selling services offered by themselves due solely upon expertise involving deep knowledge about everything related towards ms office products specifically excel spreadsheets!
Trends In Excel Mastery
World-class excelters like those recognized through Microsoft MVP awards given annually by company’s representatives should know very few exist among us today since only about 125 individuals worldwide receive this honor each year based off criteria set forth during selection process review stages carried out by panels consisting mostly former awardees themselves who have proven worthy enough elsewise deserving title bestowed upon them while serving community involved around various aspects associated closely together surrounding popular spreadsheet application along its surrounding ecosystem comprised mainly different types add-ons developed either free charge sold privately distributed openly public domain created particularly targeted towards niche audience involved somehow indirectly directly connected back towards original author(s) behind creation(s).
