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.
You found a topic that is of interest to a huge target audience (who doesn’t want to make 100k plus a year?) You spent some money so your website comes up while searching google (therefore generating more traffic to your page) and you’ve written this guide in a way that includes everyone (that way nobody feels like they aren’t able to achieve this same success) Throughout the article you’ve posted links to multiple products/companies which you earn revenue from each time someone clicks them. Along with that there are advertisements throughout that you’re gaining revenue on etc. So essentially, anyone reading this and clicking links is generating revenue for you. Touché
While grades aren’t everything, they do an excellent job of sticking out in a pile of resumes and getting your foot in the interview room. For example, I absolutely sucked at networking. I remember attending some welcome reception and walking around the room for 5 minutes before going back to my hotel room! However, because I had a 4.0 GPA, I still got invited to over 25 interviews that semester. As a result, I became a Level 99 interviewee primed for dominance the following recruiting season.
If I were hiring a college graduate, I’d pay more attention to field of study than GPA. Given the choice between someone who got a 4.0 in English or a 3.0 in mathematics, I’d be far more inclined to hire the latter. Even for a job irrelevant to both disciplines. The math student had a tougher workload and almost certainly knows how to attack a problem better.
I’ve got an industry you could add to your list of jobs that pay well over $100,000 a year – the oil industry. Now, most people think that working in the oil industry is dangerous, dirty, smelly, gross etc. That’s if you work on the labor side of the oil industry not if you’re working for an operator (Exxon, Shell, Chevron, BP, Conoco) in the office. If you’re lucky enough to land a job at one of these 5 companies out of school as an engineer or geologist you can easily expect to make $125,000-$200,000 starting.
There are plenty of different avenues you can take to breach that magical six figure mark. Doctors and lawyers routinely make multiple six figures. Longshoremen (dockworker) average $120,000 a year as we discovered during the Oakland longshoremen strike in 2001. After 20 years at the Federal government, police force, and fire department, the majority of workers all make $100,000+. Not only that, their capitalized pensions are worth millions!
Thanks John and Sam – I’ll shoot this one over to my 22 yr old daughter who is about to graduate with an applied math degree. She plans to work for technology companies, probably starting with data analysis and visualization, which will pay over $100k within a few yrs depending on how much she wants to work. There isn’t any reason she can’t earn over $100k by 25, esp with me to help her get in (I’m in the biz…for maybe a few more years). I’m quite curious to see what kind of lifestyle she chooses. She’s smart and a good communicator, but she definitely isn’t the one yelling, “how high?” when some life-hating micromanager screams “JUMP!” :-)
Instead, most school districts operate on salary schedules that offer lane changes (read: more money) based on graduate education hours. After accepting a much smaller salary, the idea of spending more money seemed downright dumb. But again, I was thinking long term. I wanted to get as far over on the salary schedule as fast as I could, and that meant more school.
Salary.com's entry level jobs cover recent college grad jobs, first entry level jobs, some associate degree level jobs, high school graduate level jobs. Entry level positions may require no experience. An entry level cover letter, and entry level resume are usually required to obtain entry level positions. Entry level job searches can sometimes even surpass the recent college graduate job level.
The one thing that is amazing to me is government jobs. You talk about effort required…let me just say that it isn’t always required to land a government gig. My neighbor does logistics for the army…she said it is mindless work, quite boring, and now that the wars are winding down, there isn’t much going on. She makes well over 6 figures for her job. She hired in at 75k. Her previous experience before getting hired? American Eagle…
I’m currently looking for ways to get my MBA covered (at a top 20 – my company will pay the local state schools no problem) and work too, to further accelerate my way into management and chase down a 250k+ job before 30 (excluding investments). Similar to what John said most people at my company only work 40 hours a week. I work closer to 50-60 on average but that is by choice to learn more skills while I am young and is not required. High tech is where it is at for sure.
Income is commonly used to measure affluence, although this is a relative indicator: a middle class person with a personal income of $77,500 annually and a billionaire may both be referred to as affluent, depending on reference groups. An average American with a median income of $32,000 ($39,000 for those employed full-time between the ages of 25 and 64) when used as a reference group would justify the personal income in the tenth percentile of $77,500 being described as affluent, but if this earner were compared to an executive of a Fortune 500 company, then the description would not apply. Accordingly, marketing firms and investment houses classify those with household incomes exceeding $250,000 as mass affluent, while the threshold upper class is most commonly defined as the top 1% with household incomes commonly exceeding $525,000 annually.
So there we have it. Great grades, great schools, and working in particular industries will make you $100,000 a year in your 20s. This post names 30 firms which employ thousands combined and there are many more firms out there which pay just as well. The great thing is that if you stick it out at any of these firms for 10+ years, there’s a great chance you will be a millionaire in your 30s and a multi-millionaire in your 40s.
This is a great place to start for beginner affiliates. The deeper you get into affiliation, the potential is even great than $50 to $100 in the following industries: Gambling, Adult and Pharma…these industries can get an affiliate a $250+ CPA commission + Rev Share for successful affiliates. The sky is the limit and many people fall into the most amateur affiliate programs which is probably why most affiliates are not successful. I’ve been an affiliate marketer for many years now and if you’re just starting out, the one thing I recommend is first of all: Get familiar with all the tools, affiliation strategies…get to know the programs, establish a connection with your affiliate managers and if you put a lot of time in it and take it seriously…Sooner or later you will succeed. I’ve done it and I am still doing it. I have a few successful sites that I operate, I work both with Click Bank and independent affiliation programs…One word of advice, Amazon and Ebay are over-saturated…Try an affiliate program with a higher CPA and less competition…Competition can be measured simply by using the Google Keyword Tools. Great article! I love your blog. Cheers! Mike
Selecting your target for instance, is all about finding profitable products to promote on JVZoo.com, JVNotifypro.com etc. As action-packed as that caption sounds, it’s just basic information that you probably already have. Chances are you already know how to find profitable products to promote across the different affiliate marketing platforms on the Internet.
Learning and reading and trying things is fundamental to success. Anyone can do anything if they truly put their mind to it. This is not a get rich quick scheme, this is an idea board and an educational blog for people to explore, learn and try innovative ways to make money and retire early. It does take money to make money, but driving Uber for a couple of months until you have $3,000 to either invest or apply towards your startup won’t kill you. Yes, you may work 60+ hours for a short time, but it’s a short term time investment to a long term monetary payoff.
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.
I got an email saying that he guarantees that you will make money with the Seven Figure Franchise, and quite frankly, that’s a pretty bold claim if you ask me. One of the things that really makes me suspicious about this, or any product of this tipe is that they don’t mention the price straight up front to people. I don’t have $4000 just laying around to purchase this, and even if I did, I would invest it into something like my Internet radio station and promoting it. Yes, I own and run an Internet radio station that plays country music, and it is a very professional-sounding station complete with jingles, and lots and lots of great country music.