# The Value of a Skill

If someone offered you $100,000 to take a class for a few weeks, would you do it? I believe most of you would, assuming there is nothing terrible about the class itself. But if I change the offer to say you have a 30% chance of making$100,000, would you take the class then? You should, if you need the money and you are rational. But ideally you would find a bunch of classes you could take that all have the same odds. If you take every one of the classes that have a 30% chance of giving you $100,000, one class at a time, your odds of eventually getting the$100,000 are good.
He gives some examples of skills that are worth over $100,000, such as learning a foreign language, business writing, hypnosis, and A-B split testing. But what he doesn’t mention is that a skill is only worth what someone will pay you, not some arbitrary figure like$100,000. This is not even econ 101; it’s common sense.
If Bank of America, a $300 billion dollar company, hires me to split-test their website, yes indeed me knowing split testing is worth$100,000, possible much more. But for my own site? Much less..maybe \$50. Again, it comes down to how much someone will pay you (or for the entrepreneur, how much you earn for your efforts).