I was just searching around on the net and found this blog. I saw an ad for inside sales that paid 50k as a base and FULL benefits 401K and all. With commissions it would max out at 85k if you hit quota according to the ad. Tempted to apply but when I see what is at home although Im not at 100k yet (not even close) I am not going back to the cubicle farm. Working for someone else will not get me to the 150k mark. This blog has given me more motivation!
If you aren’t smart enough to get into a top school, then you aren’t smart enough. Period. At some point, you can’t just throw more effort at academics to be better. People have natural limits. So I don’t believe “anyone can get an education at a top university if you try hard enough” is true at all. That would be like saying “anyone can play quarterback in the NFL if he tries hard enough.”
Income is commonly used to measure affluence, although this is a relative indicator: a middle class person with a personal income of $77,500 annually and a billionaire may both be referred to as affluent, depending on reference groups. An average American with a median income of $32,000 ($39,000 for those employed full-time between the ages of 25 and 64) when used as a reference group would justify the personal income in the tenth percentile of $77,500 being described as affluent, but if this earner were compared to an executive of a Fortune 500 company, then the description would not apply. Accordingly, marketing firms and investment houses classify those with household incomes exceeding $250,000 as mass affluent, while the threshold upper class is most commonly defined as the top 1% with household incomes commonly exceeding $525,000 annually.
Amazing and thorough breakdown of how it all works! Thank you so much for sharing! a group of 3 friends myself + 2 are about to start affiliate marketing together. Since many advertising rules have changed with affiliate marketing (facebook ads etc.) and many articles have not been updated since, weʻd love any advice or suggestions you have for 2018!
I’ve indeed ignored the very significant factor of personal satisfaction of the job and have just focused on the financial aspects. This is something I constantly struggle with myself…how much value am I really providing to the world by helping some oil company increase profits? On the other hand, I can rationalize that the world needs energy, and engineers help find it.
You didn’t mention engineering as a industry. Engineers have some of the best starting salaries out of college and many of my business partners have MBAs. I graduated with a masters in structural engineering and then 6 years later got qualified as a diver with an ADCI commercial dive card. Then I was making 100,000+ annually. I now have my own firm and make 200,000+ at 32 years old.
Also at this stage, I’m not collecting E-mails. How do you think I should approach this? I’ve got a sidebar and I was thinking of using OptinSkin on the sidebar and also at the bottom of my posts but I’m worried my posts don’t get visited as often as the homepage and review pages. Do you think I should add a form to those specific pages as those are my pitch pages promoting the affiliate products? Would definitely get more subscribers that way but I’m worried I’ll lead them away from the sale.
7 Figure Franchise does cover traffic generation and includes topics like social media marketing, guest post marketing and paid traffic via solo ads. Traffic generation techniques require work though. It's certainly not going to pop out of the ‘biz in a box' you just bought. Getting traffic is always a process, one that takes time, research and implementation. But, wasn’t 7 Figure Franchise meant to be turnkey? Didn’t Michael claim it would ‘force you to make money’? What happened to that idea?
If you're new to the blogosphere then this book is brilliant, but if you're already somewhat experienced then you need to start looking elsewhere. It's really just all the blogging basics in one tome, but as far as building strategies it lacks a little bit. I do recommend it to anyone who wants to start they're own blog or has done it already and has yet to learn a little.
I will say the workload for a petroleum engineer can vary depending on the company and role. If your Chem E friends went into planning or management, they could be working more than the 40 hour standard. Also, smaller aggressive companies typically like to work their employees harder with perhaps a bigger equity reward down the road. That being said, I’ve worked in a 50 person company and most employees there maintained normal hours.
The Patent Office is an ideal place to work for engineers looking to start a side gig. I went to law school instead (poor choice maybe, but I wasn’t reading your blog back then). Depending on the economy, the Patent Office pays for law school as well. They didn’t pay when I was there during the recession, but because the salary is good I was able to go to a top IP law school (George Washington) with only $30k in loans, which I paid off within a year of graduating.
Location is a big factor. As you know, six figures in SF is not six figures in the Midwest. Income is very relative depending on the local cost of living. I have many family members and friends who are teachers (all in the Midwest) and none are close to six figures nor aspire to have such income unless they have outside hustles. When I was entering college 30 years ago, I considered teaching until I saw the salaries and how they plateaued. I was too money motivated and pursued a different path. Now I am in my late 40s and winding down my work schedule and considering becoming a part-time business teacher at a local college and/or private HS since money is no longer my motivation. I would like to see more entrepreneurial education opportunities for teens.
Another problem that I see with Internet marketing in general is that ther are always too many bonuses attached to the product. I wonder if those bonuses are really better than the product itself? Imagine going into Wal-Mart and at the checkout line before you pay for your stuff, the casheer starts spouting off all of the bonuses and offers that you could get before you even purchased that product? Can you imagine how much time that would take? And all yo wanted to do was just purchase a bag of Oreos.