I don’t have firsthand data but I believe you’d earn a similar amount working in investment banking as in Pet E for the first few years. However, you’d probably work up to twice the hours (60-80+ per week). If you do well and stay in the industry you could make an extremely high income…much more potential. Might have to go to a prestigious school and be at the top of your class however.
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?
Anyway, I am trying to get into IT, because every other profession within banking requires me to take a test and get licensed and renew that license with more tests. I’m bad with tests, and I don’t need that in my life, and IT not only pays more, but I can just get certified with classes. Anyway, how do I go from fraud to IT? I.e. Business Analyst, higher up IT profession? I’m not a computer science major, btw. I was in health sciences. I’ll look into other money making options by following your posts, but how can I start making a decent living by converting to full-time from contract? I’ll learn software skills/IT on the side, but yeh…Any tips?
But getting 1000 visitors to any given affiliate site meant I'd have to get about 10,000 visitors to my own site. If I could do that every week, I'd be doing OK for a small business site with a marketing budget close to zero. But I was already learning that it takes time and money to get 10,000 visitors a week. And let's see... for all my traffic generating efforts I would pull in a cool $180 a month? It didn't take a genius to figure out that it might not be worth the effort. I passed.
My career field is allied health, and I don’t put my GPA on my resume. I should, because it is pretty good. :) But I always thought it was bragging…. in my particular are of work, we are a small interconnected community and word of mouth usually gets the job. Words of wisdom… Don’t be mean to your clinical students… they could possibly be the next person who interview you for your next job.
in terms of pay, sure, eventually you’ll make $100k at Booz Allen, but you’ll reach that number much sooner at other firms. Booz Allen pays $50-60k to Consultants fresh out of undergrad. Year over year raises are insignificant (they cap at 3%, unless your Principal/Senior Associate goes to bat for you on market rate adjustment). Promotion raises are also nowhere near market rate. Additionally, levels below Senior Associate do not receive a performance bonus. You will likely not reach $100k at Booz Allen until 2nd Associate (see below levels).
No doubt that Michael Cheney is smart & sophisticated biz man , he probably use all tactics to promote his interest at best, or stretching the rules to limit , its not scam , I know nothing about his product’s performance nor after sale service quality , he said that he have 20 years experience & successful results, the 7 figure looks good as he offering double refund with personal guaranty which nobody else (as I know) offer
100k in the Bay area is like 50k in most of the country adjusted for cost of living. I really wish we used adjusted salary more frequently in the US – including welfare, taxes etc. So many T10, T20 B schools are graded based off average nominal salary, which drastically overstates NE and California B-Schools in terms of their value due to their typical placement location.
Also, to assume you can land a job with one of the fore-mentioned companies in your article, you must be a top performer. Not just in grades, but in networking, social groups, and even down to kissing ass to your professors. For example, It’s even been said that HBS (Harvard Business School) is one big networking program, if not almost a party (any HBS or Ivy League readers – I’m not saying that being intelligent, knocking out your case studies, and making those great grades aren’t important – I’m just emphasizing the importance of networking). Plus, you must assume you have a hand up against the students who are there solely based on nepotism. Also, most universities won’t let you go with less than 3 years of experience. After three years of experience, you may face some really – I would hope – great opportunities with the company you began your career with, even if they aren’t six figures right away.
An aspect I enjoy from the job is when the team you’re working on all comes together to present a final story. Each person (geologists, other engineers, economics) has their part and supports each other. Being a global industry, I’ve also enjoyed meeting people from all parts of the world. I’ve been able to travel about 8 times internationally..another perk (depending on the person) I did not really touch on.
Excellent & invaluable information! Choosing the affiliate product before makes total sense as you can more easily tailor your site to your product. I am in total agreement about the soft sell, I find that if I get an email or read a blog post that is too obviously all about making money & too infomercial like I rarely buy or revisit (or unsubscribe).
There are jobs out there for veterans and sometimes yes your training in the military does not give many, if any, civilian options. But I encourage you to think outside the box. You do not need to get any job that has to do with your rate. My cousin was aircraft ordnance and now is happy being a bartender in Hawaii. Not my cup of tea but it’s his life and he is happy with it. Look at USAjobs. com as another poster suggested. There are also jobs on nukeworker.com that don’t require nuclear experience like security. Keep trying, you may have to work some terrible jobs as I did, but you’ll find your way.
This article has been so inspiring to me! I’m a junior in high school and I’m so ready to get out of it and into the real world. They always say money can’t buy happiness, which I agree with to an extent. But I have my standards… I wanna live at the beach in a nice house. And I want to live comfortably. And I want to be able to take care of my family. And a little money would go a long way to helping that. So thank you for all of this wonderful advice!
In the old days of SEO you’d build backlinks using relevant anchor text. So, for example, if you wanted to rank for “bonsai trees” that would be the link text you’d use in your guest posts. And then the Panda update happened and Google took a swipe at unnatural link profiles which meant that SEOs started making their anchor text more natural (things like “click here to read the rest”).
I searched on Google to find a way to make money as an affiliate marketer. This website is well-constructed and you spoke very clearly. You laid the foundation down for most people to understand, if they have basic reading skills. I never knew how to create a landing page until I came on this site. A whole lot is what I’m learning from this website of yours. Great Job!
and finally, it is possible to find someone who is genuinely earning that high. They tell the truth when asked how to do it? that it requires intensity, focus, education/training/learning, stating power to not let hurdles stop you, know your market and all of your competition intimately.They had money to start with from a family member, giving them the chance to get set up to do all of th items listed above. They almost always have 1 close partner that works right beside them to collaborate with.
* My closely-guarded, multi-million dollar launch strategy which has hundreds of affiliates begging you to promote. (I have this down. My biggest launch, back in 2008, did $1.9M in a week. Every one of my past 7 launches has got #1 Bestseller and Product of the Day status on JVZoo and I have multiple products in the Top 50 products of all-time on JVZoo).
However, you should be cautious when going for a particular bonus offer. There’s no point merely getting more ‘stuff’ just for the sake of it. Otherwise you end up with everything collecting digital dust on your hard drive. Worse is that you get so much information that it completely overwhelms you and stops you from taking any action on the franchise itself.
Hey financial smaurai I have a question, I just turn 18 and I’m gonna be a senior this year in high school, my grades was mediocre and my job sucks, I am a host of a restaurant making 10$/hour and only working 15-20 hour per week. I always wanted to be big in life and my passion is animals. I want to work in the field of zoology like maybe marine biology wil I be able to make 100k in that work field
However, I have a number of friends and family who are K-12 teachers and I have always envied their dedication. Teachers earn less than half of what they deserve because few things are more important than educating the next generation. You hit the nail on the head when you mentioned the “…bizarre notion that someone’s passion should be enough to pay power bills and mortgages”.
Another good platform to start with is Reward Style. Once you’re enrolled, you can get links for seriously hundreds of different sites–everything from Bed, Bath & Beyond to Anthropologie to PETCO to Pottery Barn Kids to Zulily. While it’s a fairly small commission (usually 5-15%), it all adds up and all you’re doing is helping to facilitate a sale for something you’re already talking about anyway!
I guess this is what all those internet marketers meant by shiny object syndrome. If any of you fellow beginning internet marketers already have a beginning point (free and trustworthy source) but are looking around for something that will make you “quick money,” don’t give in to the temptation and just keep digging at what you’ve started. There will be a lot of temptations along the way, but do not give into them and just keep doing what you’re supposed to. Eventually you’ll make your money.
You could certainly write a totally different take on this post as an adjunct professor! You’re right that teaching is typically poorly paid, and I think it is just appalling what we do in higher education, especially given its costs. I am certain that your students were better for having you, but I am certain that that role came with its own frustrations.
That is a good point. Unfortunately some people don’t “know how to be rich”. A financially literate person(Warren Buffet, Carl Icahn, Bill Gates, etc.) can turn $1 million into $1 billion by living within their means and only spending substantial amounts on productive assets, whereas others will blow it on anything they see and end up more in debt than they started(think MC Hammer.)
Before I share the strategies that I’ve used to generate over $100,000 in affiliate commissions per month at this point, there are two extremely important rules I use when promoting products that are not my own. You don’t have to use these rules in order to become an affiliate or be successful at it, but it’s what has helped me grow my affiliate income tremendously over the last couple of years:
The income disparities within the top 1.5% are quite drastic. While households in the top 1.5% of households had incomes exceeding $250,000, 443% above the national median, their incomes were still 2200% lower than those of the top 0.1% of households. One can therefore conclude that almost any household, even those with incomes of $250,000 annually, are poor when compared to the top 0.01%, who in turn are poor compared to the top 0.000267%, the top 400 taxpaying households.[original research?]
Get in any of the above schools, and enter any of the five industries I mentioned and you’ll likely make a median total pay package of $120,000 your very first year. Five years out, you’ll probably make double. You can attend business school at 25 or 55 and so long as you go to one of the best schools, the vast majority will make well over $100,000 a year upon graduation. Even if you don’t go into one of the aforementioned fields, you will still probably make six figures in the fast moving consumer goods (FMCG like Procter & Gamble and Coca-Cola), retail, and hospitality industries.
There are countless numbers of affiliate models that people follow in an effort to earn money online. I follow the technique of sharing what I use, and earning income by doing so. If you are using monetization techniques other than AdSense, I recommend that you make a slow transition to affiliate marketing as well. Add one or two banners of related affiliate products on your blog sidebar, and see how it works out for you.
Well, things got expensive. Starting with taxes, we lose about 30 percent of our paychecks to state and federal dudes like FICA and Social Security. Before you go asking “Who’s FICA and why is he getting all my money?” remember that taxes go to good things like roads and bridges (or at least they’re supposed to) and also to paying for incomes when we get old and can’t work. But still, that bite off the top stings a bit.
I as well took about a $20k+ pay cut when transitioning from the military. It was a terrifying financial choice, but I wasn’t making it with a focus on 1-5 years. This was a 5+ year play for me and I knew this opportunity would pan out! 2 and a half years in and I making much more than i was before I left the military and was absolutely the right career move to make. We need to do a better job educating folks on career advancement and setting yourself up (financially) to be able to make those type of decision.
Before jumping into starting an affiliate marketing business, learn all that's involved in making it a success. More importantly, if you decide to pursue an affiliate marketing business, or want to add affiliate marketing to an existing business, understand that it's not fast, automatic, nor without effort. Like all home businesses, you need a plan and daily involvement to make money with an online affiliate marketing.
...It is essential that the duties of the positions be performed with the diligence that their importance requires. Inevitably, then, a society must have, first, some kind of rewards that it can use as inducements, and, second, some way of distributing these rewards differently according to positions. The rewards and their distribution become part of the social order... If the rights and perquisites of different positions in a society must be unequal, then society must be stratified... Hence every society... must differentiate persons... and must therefore possess a certain amount of institutionalized inequality.
I really liked this article. I found it full of good information. I would like some advice from FS as I definitely fit into one of these categories. I have a B.S. from a good university and I have a good job in the medical field making $45k right now with the posibility of 1-5% raises every year. I know I am capable of doing and earning more. I made A’s, B’s, and C’s as a college student without really trying. I’ve considered getting a masters in buisness, but I don’t have a clear vision of what I would do with that. I can’t afford to waste time or money on a second degree if it isn’t going to earn me substantially more money. I have a wife and daughter and work full time. I am constantly looking for ways to make more money. Do you have any advice for me? Thank you.
I have been a cop for 5 years and have two kids, a wife and mortgage. I like what I do but lately I have been thinking of a career switch to make more money. I majored in criminal justice in collage. I don’t know if I could afford to go back to school with a family to support, however I want to be able to provide more for my family. What would you suggest?
Hey Tiffany, how are you today? This is an excellent guide and I love all the information! It’s true many people who have blogs have no idea about affiliate marketing and it’s potential, but there is so much money to be made from affiliate marketing it’s unreal. One tip I could give is people who are building up blogs should get into affiliate marketing earlier! Great post, have a great day… thanks for the great information!
If you lack the time to read the details of the review, here’s the short version: Michael Cheney’s Commission Black Ops isn’t as the sales page claims. Your chances of making $1000 per day with it are very slim. You’ll discover that there’s really nothing exceptionally revealing or new about it. Some of the information in it are actually stuff you can get for free on the Internet. I provided proof for all these within the main body of the review below.