By the way, your blog convinced me to more than max out all my retirement plans and then some. I naively neglected my savings during my early/mid 20s as I pursued more adventurous(low paying) work in Europe and took out loans for an MBA. I envy your ability to live and work from beautiful Switzerland. I hope that I too can establish myself in such a way to split my time between Chicago and S. America (where my wife is from).

The nice thing about computer science is you don’t have to be a top student to get a good job. The market tends to be very healthy and a computer science degree gives you a nice edge over most applicants for IT positions (experience of course trumps this, but entry-level IT positions really like math, engineering, computer science and statistics students).

My daughter is at a state university now finishing in 3 years (Chemistry) and we are currently “engineering” my son’s last year in high school so that he will finish college easily in 3 years or less (at a state school too!) I told him he couldn’t go to a school that wouldn’t accept his AP/Community College credits and when he saw that he would be starting as at least a second semester sophomore – he “got it”.
I think this post is totally on point. Starting from high school, you are paving the path. I also think choosing the right career is key. I have been a court reporter for 18 years, and my best year I made 270k, and in my worst year, I made 160k. Even with taking time off to have a baby, last year I still made 140k. I also think it’s true you have to hustle. I have recommended becoming a court reporter o so many people! But none of them have wanted to put in the effort to train and work their butts off. I turned 40 this year and also became a millionaire. Greatest feeling! And I didn’t have to sleep with someone not as good looking as me, LOL! Love your posts. Keep up the good work.
The opportunities for advancement with higher pay or fewer but if you were to go into a management role those guys pull down almost 200k. There is the negative/benefit of the schedule, you normally work a 7/7, 14/14, or a 28/28(overseas with crazy earning potential) where you work as many days as you’re off. When you’re working you’re not spending any money on living expenses and when you’re off you have the opportunity to pursue a side hustle.
6. One thing I heard recently was SO true, it bears repeating loud and clear, “I don’t care what internet marketing method you use, it will fail for one reason only: YOU didn’t apply yourself and work all the angles you could think of. ANYTHING can be sold, even crap on a plate, to the right people, and in the right way.” So can we then blame the product? Can you ENHANCE an existing product or create a new, better version?
As you progress your mid-career 6-figure/+ salary, and full 401K contributions over the years, along other bonuses/stocks/investments you may have made/saved., you are on your path to that million and/or FI.. As you reach into late 30s, early 40s, see the financial picture: your 401K+investments growing about 7% average — on a typical 800K investments — that amount to $56K/year, your salary (don’t forget savings!), plus say 25K/year growth on your home-equity (in good town/school-district)., you will be closing “double” the six-figure income. Keep the progress going, cruise-control, and enjoy the ride along the way — you be on your way to FI soon. Do learn Golf, you know how to hob-nob with big boys (or girls)
I love following your story and I appreciate how you are trying to teach your peers about money and maternity leaves, etc… You are an inspiration for your generation. You love your job and you are a role model but you also believe that we should all strive to be who we want to be and get paid for it. Keep swinging, Penny! You’re hitting home runs already!

How to Get This Job: The American Society of Anesthesiologists recommends beginning preparations for your career as early as high school, by taking advanced classes in biology and chemistry and volunteering in hospital settings. Anesthesiologists must complete four years of college, four years of medical school, one year of internship, and three to four years of residency. Many opt for an additional fellowship year to train in a subspecialty like pain management, cardiac anesthesiology, or critical care medicine.
Perhaps my dry humor blurs my message, but I don’t consider myself to be burned out. I think that would be an insult to everyone working more hours than me with perhaps less pay. Not to mention those in actual physically demanding jobs. I have extra energy to burn and am making moves to explore working in the banking side of things. Acquisition and merger activity is expected to pick up with smaller oil companies struggling.

As oil truly runs out, I believe economics will spur investment into alternative energy rather than politicians or environmentalists. As much as people may hate Big Oil, they are the ones best positioned to start the process. They will have the capital from record oil profits. They already have all the engineers and R&D on staff. Most of all, implementing gigantic capital projects has been their bread and butter. Sorry, this is probably more than you asked for.


I used to think education was overrated, and personally swore off not going back to school after I finished my undergrad. Then the economy hit the skids form 2001-2005 and I went back to get an MBA part-time. I know think education is underrated, not only for the things you learn, but for the connections you make and the confidence a good education gives everyone.
I love everything about this article. Too many folks want to pile on higher income earners as if they did something wrong to get there. The majority that I have met are wonderful people who treat their income and wealth with respect. They find ways to be very charitable with what they have. Now this isn’t everyone mind you, but I suspect a larger percentage than society gives credit to.
Fantastic, thanks for sharing your story John! I am curious, you talk about UT a lot, are you by any chance from UT or in the Texas area? I’m not sure I can make 6 figures before the age of 25 with my employer but I’m going to look for other passive income opportunities to make sure that I get to make 6 figures by that age. It’s a bold goal but I hope that I can make it. Petroleum engineers are having a hard time right now but that’s the boom and bust of any commodity, right?
Summary: 7 Figure Franchise is basically just a resell right, with some decent training on traffic generation, for you to leverage Michael Cheney's sales funnel and promote his products. Yes, it's possible for you to make money but you're not building a business for yourself. It's more about helping Michael to build his business which can be taken away from you anytime. (Remember, it's just a franchise!)
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