Great article! I would like to second @Vladi and @Katie comment about how to approach guest posts. I have identified what I will write about and who I want to approach, but what is the best technique? Just send them an email? I am an unknown so I would like any advice on how to reduce the chances of rejection 🙂 Thanks for all the great information!
In order to make sales you first need to find people to buy those products, right? For many people starting with the 7 figure franchise the topic of getting website traffic is going to be a little new to them and it’s something that can stump a lot of people. The truth is many people who try internet marketing will give up purely because they don’t have a way of getting targeted traffic to purchase the product or service that they’re selling/promoting.
Great article. I disagree with step 2. Do not choose Petroleum Engineering as a first degree. One can always do this for a masters degree instead. Best to choose mechanical engineering. The chance of ending up with a high paying job in the oil/oil service industry is the same with a mechanical engineering degree. Most of my professors in grad school in the Petroleum engineering department were mechanical engineers.
I’m not a teacher. So what? While you may think side hustling is a no brainer, I’m not sure that’s the first course of action I would take if I were following another career path. Many careers not only reward performance with raises and bonuses, they also let you negotiate your salary. While I know not every negotiation is a success, I also know that none of them are if they don’t happen. If you find yourself feeling stuck at work, though, then it might be time to pursue a passion project that allows you to capitalize on a talent or an interest while still paying you a reasonable amount for your time. Basically, don’t give your time away for nothing or next to nothing.
5. I’ve seen people take really crumby stuff and make great money. It’s in approach and creativity. Are there a group of people UNASSOCIATED with the actual product who could benefit? Could be totally unrelated. In the case of internet marketing and creating an online income, who asks you about it? What types of people are they? Where do they hang out? Do they do tons of yard sales looking for extra cash, for example? There are groups all over the place on Facebook where you can introduce some ideas – not sell a product directly – and gain relationships and authority. GET CREATIVE with your potential audience.
I think it can be hard, although not as hard as it’s sometimes made out to be. If you do well in school, go into a field where you can earn six figures shortly after graduating, do well in said field, there’s few reasons why someone who’s smart, hard-working, interested in working in a high income field, and determined to make a six figure salary can’t do so. That said, how many people do you know who meet all of those traits?
SEO: getting consistent traffic by writing AWESOME content about your keywords (there’s a phrase “length is strength” in SEO and this paid off big time for me). Maybe you’re doing videos or an eCourse, but I found blog posts WAY easier to update which means less maintenance. The biggest factor by FAR was the time I spent meticulously creating my tutorials… which eventually resulted in a sudden 3x increase in SEO traffic
From what I’m gathering it may be best to test it out first and see if sales drop and see from there. However if sales are lost I’m thinking it could be made up for with the e-mail newsletters. I guess it’s a bit of a tough one and it will require trial and error for a few months. My main concern is deciding where to place the e-mail optin without causing any annoyance for visitors.
It’s important to factor in hours worked with salary earned. I earned a six figure salary and at 40 hours a week would have earned $65 an hour, breaking it down to basics. I averaged 70 hours a week, and the salary broken down to hourly was roughly $35. This is not factoring in insurance or other benefits. Quality of life was poor and I shared a high level of stress along with my other colleagues. We weren’t doing life saving work, this was in tech. It wasn’t worth it in the long run! The burnout was a lesson to… Read more »
This is brilliant. A really in depth a thorough post. It has to be all about the content and delivery. Plus natural soft-pitching is so much better to me than a soandsoreview.com site. Blogs are becoming a highly valued tool for marketers and more and more people nowadays are getting their wallets out from review or guide posts that they read on blogs.
“Just remember that your happiness, as measured by income will continue to grow until $200,000 and then stop because of government persecution and the bitter populace who want to keep you down. After you break $200,000 you need to start going into hiding. So if you discover after taking my advice that you are on pace to blow by $200,000 a year, don’t forget to create an exit strategy!”
What's up ladies and dudes! Great to finally meet you, and I hope you enjoyed this post. My name is Nathaniell and I'm the owner of One More Cup of Coffee. I started my first online business in 2010 promoting computer software and now I help newbies start their own businesses. Sign up for my #1 recommended training course and learn how to start your business for FREE!
The GI Bill works exactly as it is intended. I’ve used both the Montgomery and the Post 9/11 as I served during the transition and participated in both. There is always a 4-6 month delay to get started. It’s because the VA is very slow to get things moving. You can apply as soon as you get accepted in most cases which for me was several months before I got out of the service. The program is not a fraud because of the red tape. Could it be better? Of course! But it’s not a fraud because it doesn’t pay you right away.
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)
Hey Jennifer, I don’t really know much about MOBE as I haven’t had personal experience myself but in terms of paying for a programs, i’ve had experience with the Six Figure Mentors. They teach people marketing and entrperneurial mindset stuff that I found invaluable. They have a paid tiered membership system that can be promoted on an affiliate basis. What sort of affiliate business are you looking to set up?
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.
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).
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?
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Childcare requires a great deal of attention. That is why most mothers quit the workforce temporarily for the sake of taking care of their loved young ones. This notwithstanding, it is still possible for such mothers to make extra income. This scheme allows them to do just that. It is non-invasive and hence less likely to interfere with the sacred task of childbearing.
Don’t get me wrong…Sponsored content is great (and next month we’ll be publishing a post on how to work with brands), but I love having total freedom in what I write and–especially now that I’m pregnant and due with my first baby boy in September!!–I really wanted to ensure I could start to rely more heavily on automated and more effortless income.
Hey, Ari! I think you’ve actually inspired a blog post or two in terms of how I define success. Professionally, success is a student coming back a year or five or ten later and sharing what they actually learn. Of course, there are other markers. Professionally AND financially, I’m about there in terms of maxing out my salary schedule. But I still have a lot of success to try to cultivate in my classroom that matters more than dollars and cents. In my financial life, I feel like success is a moving target. I have to remind myself the fact that I bought a house at 26 on my own and my husband and I can do many things (within reason) to support ourselves and our son AND have fun means I’ve already had success.
I also work in the O&G industry as a petroleum geologist. Geologists typically have to get a M.S. degree in order to get hired into O&G but they also start above $100,000 base salary. I also enjoy an awesome work-life balance, hardly ever having to work more than 40 hours per week. I love my job but the roller-coaster ride of commodity prices can be disheartening at times.
– The most important. TIME. Value your time and make sure your plate is clear to focus on growth of your most valuable skills. Time also gives you time for reflection, relaxation and a balanced life. Hire people to do redundant stuff. I’m currently dating but not married so I have someone come and clean the house, mow the lawn and do the laundry. This stuff would take me 3-4 hours a week. That’s 1.25 weeks in a year. At my earnings level, I’m “worth” $80-$100/hr with expected 50 hours working. For $10/hr someone else can do these tasks while I relax or make money. Same things in the work place. Reports, data collection, number crunching, answering non money making calls or emails etc…..
I get the feeling it is actually easier than we think to make a salary up to $200,000 a year because so many people in this country are basically LAZY and feel they are entitled to a certain standard of living with little effort on their part. Not saying everyone is, so don’t take me wrong. I’m guilty of it myself at certain times in my life. Therefore, the folks who strive to achieve the principles that you’ve outlined in your article are way ahead of the pack, just by making an effort. As the saying goes…The cream rises to the top.
I love your post. I have been following you over the years. I want to shed some light to others who are in pursuit of the “Six Figure Salary”. Upon graduation, I set a goal to make six figures by 30. I started off making only $33k a year. However, I out worked everyone in my office and established a reputation as a hard work and smart worker. I stayed at the firm (insurance) for 4 years and somehow networked and found an opportunity in management consulting. I stayed there for 10 months and made approximately $95k. Next, i took the experience came back to the insurance industry and now make $125k at the age of 27…. 3 years earlier!. My best advice for everyone is to work hard, follow the opportunities, strive for constant improvement, and be open to change. PS. I went to a “B” school and was a “B” student. Unfortunately, I was an underdog through out my career because of my school, but I balanced it by tremendous work ethic and self taught myself in business. Work hard, keep reading, and continue to improve. You will make six figures!
Inasmuch as this program is non-invasive, it nonetheless requires constant contact with the internet. This is due to the need to catch up with the various clients and sales tasks. If yours is a squeezed lifestyle whereby you rarely have some quiet time, you may not find it worthwhile. If this is the case, you may consider other less demanding alternatives.
As a Pet E. out of college, you’d likely earn around 100k + bonuses. After 3 years, you’ll probably earn around 115 – 130k working only 40 hrs a week. This gives you time to work on other businesses. However, you’re subject to downturns like the one we’re facing now. Lots of graduates and even experienced people unable to find jobs currently until the oil price turns around, so it’s a bit of a gamble.
Households may also be differentiated among each other, depending on whether or not they have one or multiple income earners (the high female participation in the economy means that many households have two working members). For example, in 2005 the median household income for a two income earner households was $67,000 while the median income for an individual employed full-time with a graduate degree was in excess of $60,000, demonstrating that nearly half of individuals with a graduate degree have higher earnings than most dual income households.
When one of our readers at The Write Life buys Chris Guillebeau’s $58 Unconventional Guide to Freelance Writing through our link, for example, we earn $29. When James Chartrand’s Damn Fine Words course sells for $1,599 through our site, we earn $200. Lots of creators offer affiliate programs for their products; the key is finding products that appeal to your audience, so you readers want to purchase them.
Thank you Andrew! Also what is your take your data analytical roles in corporate? Do you think data analytical roles will be short-lived due to all the hype and the analysis part will be automated soon within the next 10 years or so? Even if it was automated, EXPLAINING the data and EXPLAINING it to your investors, stockholders, clients to basically tell them how they’ll make money from what they wanted me to analyze and interpret will still be the HUMAN aspect, correct. U you can’t automate that, right? Idk if this kind of role will be short-lived compared to a functional IT role. Moreover, I eventually want to hold a managerial role in corporate, but I want to deal with a line of business where there is a lot of money within IT. Projects that deal with SAP? CRM? <— This isn't programming right? I don't mind working for healthcare companies since that's where alot of money is for stuff like ^.
Big Government: Reach any top tier position in the Federal or State government and you will make six figures a year a long with a nice pension. In fact, there are more than 450,000 Federal employees making over $100,000 a year. Prison guards make $150,000-$200,000+ with overtime. San Francisco janitors and elevator technicians make over $270,000 a year.
Thanks for the really insightful reply. I really appreciate it. Now, what if I did not want to be a network engineer dealing with hardware? I definitely do not mind taking certifications, but if I just wanted to become a business analyst or QA Analyst…some IT profession that doesn’t require too much programming or developing because I need the time to learn at the programming languages…Like I’m trying to get a plan going here…BTW, i’ve heard of the CCNA thing over and over again…is that only for network engineers? Because..I dont really want to deal with hands on material or travel too much…I’m tryna be in a position where I earn certifications and learn stuff online and gain experience doing projects online or volunteeringly taking on work to contribute to the IT department to showcase my interest…
Well, I'll be straightforward here. I haven't bought 7 Figure Franchise, so can't comment on specifics of the training and value behind the curtain. However, based on what I've seen, it's not worth my two-thousand dollars, so in my opinion, it's not worth yours either. With two thousand dollars you could pick any affiliate membership website and have about 5 years of membership. You could purchase $500 worth of content (10-20 articles per month) for four months (enough to jumpstart a new affiliate website). You could even buy a done-for-you website with original content.