The Six Figure Mentors have a tiered membership training program that takes you from totoal digital newbie to empowered online entrepreneur. They offer various training packages that cater to different stages of your personal/professional development. Pricing starts from $197 for the basic membership package but goes all the way up to $20,000 for the top level training they offer.
Salary Salary is any thing that is given in return for the faith shown to the employer. The word salary started from the word Salt, since salt was earlier paid in return for the faith shown to the king and the work done. Nowadays Money is usually paid as Salary. Salary is usually paid to works other than Manual and Mechanical Works. For them usually wages are paid. Brahmajyothi
Hey, Sam! Great article/read. Also, i’m not sure if you’re the right guy to ask (bother? lol) but I just turned 20 and I basically got really mediocre grades at my mediocre community college and i’ll be getting my diploma next year. Not that getting into policing will be too much difficulty, but being a high ranking officer, such as a chief, that pays very well might be a bit of a stretch later down the line. I could go back and EASLY get A’s but the idea of going back to school and doing the same thing… ehhh…. I might consider doing it later, perhaps when i’m 30ish and gotten some experience as being an officer. What would you recommend? I’m open to anything. Thanks mate.
I could not disagree more with the title of this post. Six figures does absolutely mean something, as long as you don’t make poor financial decisions. You chose to buy all that crap, the worst decision being to buy that expensive house. I am 29, make six figures, and live comfortably. The reason why is because I was able to increase my income while keeping my expenses down. It’s really that simple. Of course, everyone’s life situation is different and normally expenses go up the older you get. My point is that Six figures does mean something as long as you are fiscally responsible. The title of this should be more along the lines of “dumb decisions I made once I started making six figures”.
Thanks for sharing this information. I actually work as a Project Management consultant in the technology and healthcare industry but I really want to get into construction project management because I love architecture I was also interested in natural resources project management just for a change but, it is very difficult to switch from one industry to another any advice?
As for your daughter, I’ve seen a few applied math majors in this industry become petroleum (reservoir) engineers over time. We use numerical simulators to model petroleum reservoirs and many of the software developers have a background in applied math. Since they know best how the tool works, they often become an expert in simulation which leads to a transition into petroleum engineering.
Not every site has to focus on emails. That being said, Ramsay has a good point. One of the reasons I wanted to ask about conversion rate is because you don’t know if people have objections. Usually this is the job of the product seller, but maybe they have questions about these specific products that aren’t being answered, which you could solve with an email list and regular updates.
Wow, these salaries and success stories are amazing, and making me wonder what I did wrong. I earned my BS in Computer Science in 1986. Now, after an MBA and an MS Risk Management, two lay offs, a few missed/blown opportunities, and the Great Recession, my 2013 annual salary is exactly the same as 1999 – well under $100K, in a mid-sized, mid-cost, coastal FL city.
First of all, Thanks @Alexis Grant to share this post with us… Well it’s true, if you have enough visitors to start in Affiliate program, you should go for it, You need to monetizing your blog according to your visitors interests.I am using amazon to promote affiliate links in some of my blogs and it’s a clear winner I must say, I am getting more than 5000 unique visitors daily and averagely earns upto 3,00,000(around 4500 $) per month… I would say go for it 🙂 🙂
The functional role people need to understand IT, but if they could code at the level of the technical role people, they would be doing that instead. You have the right idea – business analyst or QA. Go to college job fairs, even though you have already graduated and talk to the recruiters. Show the recruiters you have an analytical mind; dress sharp; have good examples of learning something new, recently.
On the other hand: the main reason of bankruptcy for small businesses is bad financial management. Simply said: to forget to make invoices, not checking the payments and not following bad payers. 1 out of 3 is going bankrupt for this reason alone. I had to learn it myself. I spend at least 10% of my time with financial stuff. I don’t love it but the bills get payed ;-)
Btw, can I get into investment banking without having a license? I already have a degree, just need to self-learn the material online, but…I don’t know if I can be valued as an employee like that…But my main question, if Bank of America doesn’t take me on full-time, can I apply to other full-time 50k+ IT positions while being a contractor or introducing myself to other IT professionals within the company and showing my interest for an entry level IT role?
As a 7 figure franchise you’re also going to be able to promote each of his products wihle keeping 100% of the sale paid direct to your paypal account. Even if you don’t promote all of them, you can promote just one product and as mentioned in the other section, Michael will automatically funnel all leads through a whole campaign promoting each of his products.
Sam, in eastern Canada, anything over 40K-50K per person is starting to be considered “wealthy”. The oil province is a little more lenient in this regard since they have oil money to compensate. In fact, in Canada we practice wealth redistribution on a provincial scale, and the rich provinces must contribute in order to support the poorer ones. Quebec receives a bit more than $1000 per capita IIRC.
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)
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 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?
I don’t know of your friend’s particular situation but I’m curious as to what his resume look likes or what kind of grades he made. Is he willing to relocate or is he looking for a specific type of job? There are so many reasons why someone with a Chemical Engineering degree will say they haven’t found a job but I’ve found that top of that list is people who decided they hated the major a little too late, made poor grades or those who are not open to relocation or field work. Four years is a long long time for a ChemE to not find a job, he’s doing something wrong.
Jon, you are doing awesome. You were asking how to make 860k in 4 years. I’m saying the past five years is different from the next five. 860k was relatively easy to make using leverage on SF real estate (as Sam did), or on a good stock pick (lots in an 8 year bull market) the past 5 years. I just don’t see any easy opportunities for the next 5 years. 10% a year return won’t make you 860k in 4 years.
Of course there are some drawbacks. Learning to fly isn’t cheap. Another $50,000-$100,000 on top of the costs of a college education is realistic for most. But just as with college tuition, there are loans available to help pay for flying education. And one can flight instruct part-time while attending college to not only help pay for classes, but also gain valuable flight experience. Obviously the military, either active duty or national guard, is another potential option for defraying the costs of flight training.
There are a limited number of scholarships available for flight students but I wouldn’t count on those; competition is fierce and there are very few awarded. Anyone starting now and taking the civilian path to a flying job needs to be prepared to make a hefty initial investment. There’s really no getting around that, but as you said there loans are certainly an option. Also, for those with prior military service, the GI Bill can be used for flight training. Hope this helps.
In recent years, college tuition costs, which have been growing faster than the rate of inflation for more than two decades, have slowed a bit. According to the College Board’s annual Trends in College Pricing report from 2014, the average cost of in-state tuition and fees at a four-year public university increased by 2.9 percent between the 2013-2014 school year and the 2014-2015 school year to $9,139. The past two school years were the first since 1974-1975 in which increases were less than 3 percent (not adjusted for inflation). That doesn’t mean college is cheap.
A wise man once told me…, “It’s not what you know, it’s who you know.!” Networking is important, but how do you know, you are networking with appropriate people that want to see you make the same six ball park figures that they do, you then become competition, and unless they are frequently throwing you under the bus. I don’t really see networking as the great ideal, education is important but whose to say you might not be educated in a particular area, to keep what you have worked so hard for, I see this article as a hit and miss, and unless you can stay “Motivated” which can be extremely difficult in some cases, What’s the real obstacle. I know this is possible, but I don’t think anywhere as much information that is needed. How ever if anyone has any idea of any jobs that a twenty-two year old can become employed in a short space of time and make $100,000-$250,000.00 please allow me to know.
There is a big difference between “information” and “instruction.” They did a good job providing information but terrible on instructions. Therefore it really isn’t for newbies as promoted. As a certified tutor I learned and practiced strategies like “peer to peer” mentoring, intellectual scaffolding and tackled the Zone of Proximal Development” for foreign or special needs students on a college level.
Love this article! Another thing I wanted to add to the part about not being a donkey was debt. For instance, I am a sophomore at a Community college(getting my pre-reqs there for half the price of a state university), and because of my scholarship package, I am literally not paying a cent and this semester I got to pocket $2,000 of excess scholarship money, which I plan on saving for upcoming semesters or paying off a small loan I took out a while ago. Long story short, at this rate I forecast graduating debt-free(I am planning on attending undergrad b-school at UF or FSU since I am from Florida and can save a ton.) That won’t be the story of someone who squeaked past high school with a 2.7, and must graduate with a $30K+ student loan debt. Even if they land a good paying job, that debt will bite you in the butt.
Petroleum engineers can maintain a normal life. Perhaps you’re thinking of a career in finance. I know I still wonder what could’ve been every time I visit Sam’s site. However, a senior engineering role (6-10 years) can command a $200,000 per year salary. Despite the high pay, I rarely see anyone consistently working more than 40 hours per week. When you calculate the hourly rate, it’s equivalent to someone who earns $300,000 but working 60 hours per week.
Use Deep Links – these are pages on your affiliate’s website that AREN’T the homepage. For SiteGround’s hosting I link a lot to their speed technology page as an affiliate link. If you’re doing Amazon’s affiliate program you just want to gather a list of products you will be recommending to readers, create an affiliate link for each one, and import them to the plugin.
I’m not a teacher. So what? Figure out what makes you worth as much money as possible. What skills or talents do you need? Then, invest in yourself. Be smart about how you pay for that investment. Inquire if your work covers tuition or will provide some kind of financing. See if there are cohorts or other ways to acquire discounted tuition if you are in need of more traditional schooling.
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I eventually learned the best model (for me) was to copy what Yoast did… charge a flat free for SEO Audits. People were always super happy with my audits. I still have my SEO audit templates (one for local SEO, national SEO, etc). Sometimes it would only take me 4 hours to write an audit and I would get $750, sometimes more if they wanted a more thorough audit. Maybe I undercharged?
At the time, I had a ton of people reaching out wanting to hire me (I ranked my self #1 in Google for WordPress SEO Consultant, WordPress SEO Expert, many other good keywords). Unfortunately I struggled with basic things you need to run a service-based business… keeping track of clients, time management, and making sure I was charging clients for my time (and getting them to create content which often seemed impossible).
It’s a good excuse you make not being smart enough (getting into great schools isn’t just academics), however I just listed 24 companies above you can apply to which will make you six figures, and 15 business schools to apply to as well. And if you can’t get into any of them, there are hundreds of other companies in those fields which pay just as well. And if you can’t get into any of those hundreds of companies, check out this whole section for you:
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