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 ^.
The only other valuable skill I had was dealing with spreadsheets. After getting my first spreadsheet job (9 interviews), I picked up a VBA manual on my bosses desk and read it through. I then ended up picking up more and more technology skills and ended up as a software engineer. Partially, the passion came from the fact that you could model mathematical reasoning so well in programming, which was a pleasant surprise (esp given I’d never programmed).
2) individual contributor working refueling outages. How much you make here really depends on your performance / reputation / willingness to work. It is not out of the question for someone with 10yrs experience to command $100/hr + per diem for working outages. Which, if you are working 7-12s with 1.5 OT and 2x on Sundays translates to $9,400/week + $800 per diem / week. I’ve never worked outages as it is tough tough work with the constant travel demanding hours etc. But you can make a ton of money. I have a friend who cleared 250k one year working outages as a welding inspector prior to even getting his degree. but he was working 80+hr weeks and nightshift.
Thank you so much! I’m so happy you liked this post and the ideas in it. Yes, putting your affiliate post on a separate page is something I like to do but I’ve also just posted on my blog a new affiliate post and that’s good too! I feel if you’ve been blogging for a year or more and THEN start affiliate marketing, it might be a good idea to ease your audience into this by placing your affiliate post on a separate page!
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.
I don’t think I would have done worse financially at all. I just think it evens out in the end of you make the right choices. I probably would have started with a much higher salary out of the gate. Put there’s a possibility then I would have been spending my time with people who put value on superficial items, and I’d spend more money on my apartment, car, clothes, etc. I’d probably try to stay in that job for many years, if it were paying well, versus having a real reason to leave positions to quickly move up and try different things. Right now I’m in a private company that is excelling and due to being open to any opportunity I was able to work a job that paid relatively little compared to market rate in exchange for a large amount of options. It’s yet to be seen if these options are going to be worth anything, but at this point there’s a reasonable change that I could meet or exceed the amount of savings I would have had, say, if I were making $100k out of the gate after graduating from an Ivy League school. Having a low income out of undergrad forced me to prioritize and learn how to save, and also how to live on a salary of under $30k a year in the Bay Area. While I’m still scared of losing my job, I understand how to live cheaply, which I consider a value-add to not having such high expectations and requirements for lifestyle out of the gate. Now, I am considering getting an MBA if I could possibly score well on the GMAT (I believe if I could get a high score on the GMAT I’d be an interesting candidate for a top-tier MBA program given my experience working with multiple successful startups as an early employee) but I’m not sure I want to take two years off to do that. If I were to go back to school I feel it would be more valuable to specialize in technical development or analytics, to really address areas where I am weak that would lead me to be a much better professional today. It’s unclear if an MBA program would be able to address my weaknesses — or give me the salary boost you speak of as with bonus I now make up to $130k per year (last year I closed out the year with about $110k.) I’m 29 and 7 years into my career. I save, I invest, and I’m glad I didn’t make all of the “smart” decisions in my life because this made me hungrier, potentially more well rounded, and less scared of taking risks as I had so little to lose.
I think in my case it was pure ignorance (high school me). Sure, I could memorize books well, but I had no real connections. I had no experience getting a job. I had no clue how loans worked. I didn’t realize what an in-demand skill was. I wouldn’t be surprised if that is true for more high school students. My girlfriend on the other hand, ended up working for a top consulting firm after getting her masters in corporate finance! While she didn’t know that much about job market, she had really solid parents and great mentors. I think that can make a huge difference.
I didn’t go back to technology until 2004 and didn’t start getting more focused on reclaiming financial independence until about 5 yrs ago, I guess. I’m still not as focused on FI as you and many of your readers are (or maybe used to be) – balance NOW is just as important to me as FI SOON. I’m wary of selling the present to the future, even if the future promises a sweet deal in exchange.
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.
I, too, work in an industry with salaries that are tied to budgets and salary cohorts. But I have found that side hustles, both in and out of my field, help to increase my income. It is sad that we have to give up even more of our time to get there, but I guess the sacrifice makes the reward even more satisfying??? In any case- thank you for sharing your journey, your goals and your insights. It is comforting to me to realize that there are others in my circumstances.
Its obvious his first language isn’t English but the guy has made an effort to help other people out of his experience. Nunya what you did is bad and you should apologize really. There is power in the words you speak. Putting someone down like that is wrong, like all his effort to put something together was a disaster. I myself found his grammar appropriate and very understandable, I think the person with the problem here isn’t Jafar. Next time if you dont have something better to say, dont comment. If it were to be you in his shoes, am sure you won’t like it either…. Stop the negativity!!
Thanks for reigniting my spirit bro. Affiliate marketing is the game changer when it comes to making money on your blog.I neglected it at the start but now i really see it as a necessity. In 5 months i have earned twice waht i made with PPC(Adsense) to be precise. Selling poducts and getting commisions brings the highest cash. Will be around some other time to check out your write ups. Hope to see you on my blig some day too. Cheers.
All of it, though, pales in comparison to a lot of other professions that people normally flock to if they have ambitions to pull in six figures a year. Still, I’m a big believer in doing what you love along the road to wealth. Now that I’ve done this job for ten years, I’m finally ready to share my plan to pull in six figures as a teacher and some strategies that might help other mid-income earners do the same.
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.