Yeah… HS was a busy time! School 730-230, sports 3-5, hw 7-12 M-F, Sunday hw 10-1am. I did that grades 9-11. Grade 12 I was ahead and worked a ton during the school year (32 hours a week) + sports + school. I actually didn’t do any community college courses, I did them at the state college that I attended. I was admitted as a HS student and the school district paid for everything – made it easier not having to worry about transfer credits.
The word dropzone makes you think of paratroopers and exciting free falls, right? “Locating the golden dropzone,” as Michael Cheney put it, has nothing to do with excitement as you’ll see. It’s all about leveraging the pain and needs of your potential buyers to get them to buy stuff from you. Now, if you’re an experienced internet marketer at any level, you probably already know that people buy stuff from you only when you show them how it solves their problems or takes away their pain, right? So, what’s the biggie?
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!!
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.
I just want to point out that all though it is fantastic to go to college & to have great grades, innovative thinking & motivation can land you an awesome job. I graduated HS top of my class & went to a small private college for 2 years. I only have an AA degree (nothing to brag about though I always earned As). I decided to get married at 19 (I know, right?!) but when I was staying at home with the kids, I started my own real estate business & started making a 6 figure income within 3 years. I have doubled that within the past year & rake in over $300K per year working from home. I sell around 200 properties a year. I just hit 30 & make over $300K per year & started making 6 figures at only 28. I’m sitting pretty with a high paying job where I am in control of my own destiny. Work ethic & seeing an opportunity & knowing how to seize it is how I got there. With that said, I do value education & will likely go back to get a degree someday just so I can say I have one. For now though, I will focus on my $300K+ per year income & know that I made this for myself.
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 ;-)
The only thing I will counter with is that there must be at least some interest in the field or grades and job performance will suffer. For my kids, who will be in college after we’ve all been hooked to the Matrix (unless we already have?) in 20 years, I’m going to highly recommend double majoring: one passion major and one practical. Double majors really are a great value and not always that time consuming if you’ve already eliminated pre reqs with APs.
A great point you made there though. Too many people try to take on too much at once and end up spreading themselves too thin – trying to conquer all the niches at the same time. Marketers also do this with advertising. Instead of sticking with one platform until they are generating a consistent number of leads they will jump from platform to platform, in essence chucking a load of crap at a wall and seeing what sticks.
I earned a Bachelor’s in Mechanical Engineering Degree and a Masters in Management. The University I attended didn’t offer petroleum engineering but I do have several friends that were ChemE’s, as we used to call them. I agree that my ChemE friends who went into the oil industry definitely started out with highers salaries. But from my perspective these guys are working significantly more than the standard 40 hours a week contrary to what the article proposed.
I make six figures and have for a long time. It is nice but in retrospect not as important as I once thought. It is simply a number. I admire you for following your passion. Unfortunately income and passion often intersect and you need to choose one or the other. I think we all try to straddle that path for a while but eventually it seems that we often have to choose.
Otherwise, explore all of the ways that you can take classes or gain skills online, some for very little or no cost to you other than your time. If you find yourself doing this at the start of your career, the financial cost might be a bit much to bear at first. But no matter how much I learn about investments, it seems pretty clear to me that the one that consistently pays off in any market condition is the one we make in ourselves.
Two income-earner households are more common among the top quintile of households than the general population: 2006 U.S. Census Bureau data indicates that over three quarters, 76%, of households in the top quintile, with annual incomes exceeding $91,200, had two or more income earners compared to just 42% among the general population and a small minority in the bottom three quintiles. As a result, much of the rising income inequity between the upper and lower percentiles can be explained through the increasing percentage of households with two or more incomes.
I am a highschool student with some questions. First of all I wanted to know the importance of volunteer work for getting into a high end school (I currently have straight A’s as well.) Second are AP classes beneficial even if a college I would like to go to doesn’t accept them. And lastly I am interested in being a Petroleum Engineer so any info you have on that field of work would be cool. Great article by the way!
I could have promoted WP Engine (hosting company) for $200/sale with no tier program to climb – sounds pretty good right? But when I checked ShareASale I saw their reversal rates were 24%! Just to give you an idea SiteGround’s reversals are less than 10%. WP Engine starts at $29/month while SiteGround’s is $3.95/month, plus SiteGround has a better reputation. I had to climb a tier program to get SiteGround’s $150/sale, but long-term my research paid off.
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.
Once you’re financially stable, I hope you start giving back. It feels good and people like the idea of supporting a good cause (they will be more likely to click your affiliate link in your disclaimer). This also means you don’t have to use as many links in your content and risk getting a penalized. Last year I donated $3,000 to Red Cross At Hurricane Harvey.
Interesting article and dialogue. I went to a lower end UC, and graduated in Political Science, a major which doesnt pay right away. I instead got into direct sales for a cable company and made 130k my first year out of college by selling cable door to door. I made even more the second year. Been there for fooir years now – earning 100k-150k but dont see it going mucb higher. Not sure what to do to hit that next level. Toying with the idea of going ack for my MBA to take that next leap of faith but its hard to leave my income and incure a 100k debt for a goood business school. I agree, being motivated, working hard, being positive, not being a hard partier- but a hRd worker has helped me reach that sox figure mark. Thanks for the article.
Freelancer – refer people to developers, designers, and other freelancers you’ve worked with and make 100% of Freelancer’s project commission for the first 90 days. I get a lot of people requesting WordPress speed optimization services… so I refer them to my developers with a freelancer affiliate link and make $125/month in passive income. You can’t use affiliate links to link to specific freelancer profiles, so I direct people to the homepage via affiliate link and give people my developer’s usernames.
So, that answers part if your question…yes, my attitude toward work, humans, merit, fairness, money, work ethic and many other things changed in the years of my first early retirement…not really enough room in this format to dive into that, but maybe we can chat about it sometime. That said, the wife and I reclaimed millionaire mountain by 2013 and are looking to check out of the corporate grind again within the next 5 yrs or sooner depending on how the global economic drama plays out. Oh, and yup – I also sell most company stock grants soon after they vest.
Having that level of job security must feel great and re-assuring. When I visit other personal finance forums (particularly on reddit) half of the success stories seem to come from computer science majors. It might be the perfect blend of degree value, job availability, and work levels/flexibility. The ability to freelance or work remotely seems to be another potential benefit.
[…] Money is basically made on the coasts with lots of it coming in from San Francisco, NYC, Boston and D.C. Therefore, it costs an arm and a leg to live around these metros. A median house in SF is going for around $1.1 Million, for example. It would be damn hard to make a living and reside in the SF Metro if one isn’t making $200,000 or more. […]
7 Figure Franchise does cover traffic generation and includes topics like social media marketing, guest post marketing and paid traffic via solo ads. Traffic generation techniques require work though. It's certainly not going to pop out of the ‘biz in a box' you just bought. Getting traffic is always a process, one that takes time, research and implementation. But, wasn’t 7 Figure Franchise meant to be turnkey? Didn’t Michael claim it would ‘force you to make money’? What happened to that idea?