Electrical engineers can crush it out of the park. Think startups and stock options. There’s not too many startups in oil industry, and I’m guessing only high level employees get stock. In electrical engineering, low level employees get stock. For me personally, despite earning a very high salary, it’s nowhere near what I made from stock… salary is almost negligible.
I have a very similar story. I became a nurse as a career change, and now make over $200k. It’s very easy to work OT and second jobs as a nurse. My wife and I live in our 2 family, and rent out the basement apartment to help with the mortgage. Drive Prius and used Subaru, still able to do vacations, not worry about money month to month, we are in our late 30s now, 2 small kids, net worth over $600k and saving >50k per year.
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).
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”.
Just a quick note on the consulting firms you listed. Although the Big 3 are obvious to include in the list, I would certainly remove Booz Allen Hamilton, and even Arthur D. Little. Booz Allen is notorious for under-paying, especially when compared to much better firms. Booz Allen is also primarily a Federal contractor with very limited commercial work (granted their non-compete with Booz & Co. [now Strategy&] is over) – commercial strategy/ management consulting out-pays Federal counterparts.
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?
Furthermore, symphony orchestras are non profit organization and cannot support itself without the donation from the public. We know this is a challenge. I explained in the above comment that top symphony musicians have been dedicating their whole life to this traditional art form and that is why they have to fight hard to keep our salary competitive (even mere 5%).
When you’re getting started, the easiest place to start for almost all bloggers is with Amazon (scroll to the bottom of the page and click ‘Become an Affiliate’). You’ll make a cut of all purchases that someone buys within 24 hours of clicking your Amazon links. This is an easy place to start as everyone knows Amazon and you can literally make links today once you’re enrolled.
I wouldn’t say 500k+ is typical for physicians in the U.S. It depends a lot on specialty of practice. I married a physician who specialized in family medicine, which is primary care. Her prospects upon leaving residency are more between the 200k-300k range. I’m sure it could be more in other geographic regions. I know one family medicine physician who started his own clinic, grew it, hired other health care providers, and makes about 750k. I don’t think that is typical — he just works his behind off. My wife isn’t willing to live her life that far out of balance. She wants quality time at home as well. Surgeons probably earn the most, and I know getting into an anesthesiology residency is highly competitive. Anyway, to sum up my point in a brief way (too late!), there is a broad range of physician income highly dependent on specialty of practice.
We also pay for the occasional epic blog post, plus digital tools like MailChimp ($150/month), hosting ($150/month), etc. Because the site has grown exponentially over the last 18 months — we now see about 115,000 unique visitors each month and have 23,000 newsletter subscribers — it costs more to run the site now than it did a year ago. We now spend about $3,000 a month to run The Write Life.
First I want to just say well done with what you have accomplished. You have done an amazing job. I’m not really one to post a comment on blogs as I’m sure everyone says. But the thing that struck me the most about you is I can tell your a great individual. You love cats, as my wife and I do. We also have rescue cats. You are a very generous and honest person and that is most likely why you also have done well. Very authentic and honest. I’m in the process of building an affiliate amazon site. So I can relate to the content side of things. I’m already a customer of siteground but If I wasn’t I’d happily sign up through you. I have bookmarked your site as I’d like to come back and read a little more and keep an eye on your progress. Thanks for taking the time to write this post. It’s one of the best blog posts I’ve read. Take care Tom
You Don’t Need To Track Affiliate Links To Improve Conversions – you will always hear people telling you to track affiliate links. But for me, I generally use the same content about SiteGround on all my speed optimization articles… it is very important it converts well. Change your approach on how you recommend your affiliate product (it’s perfecting your sales pitch).
\naverage salary is a pretty generic term and does not tell you how the number is computed. Usually, but not always, it would be the sum of the salaries divided by the number of salaries. This is known as the mean.\n. \nThe median salary is the "middle" value. That is to say, if you listed all the salaries from lowest to highest, the median would be right in the middle. \n. \nA more precise statistical definition might say it is the value that separates the higher half of a sample or a probability distribution from the lower half.\n. \nWhen you say average, the might indicate the mean salary, but we don't know for sure. The mean is what I described in the first paragraph.
Re: Booz Allen – the nature of Federal consulting is shifting away from true strategy management consulting and more operational consulting and IT consulting. So to categorize Booz Allen in your Strategy list isn’t accurate, not when you have better Strategy firms to include, see above list, also consider Accenture Strategy (the strategy shop of Accenture, similar to Deloitte S&O).
It therefore becomes apparent that the majority of households with incomes exceeding the six figure mark are the result of an economic as well as personal union between two economic equals. Today, two nurses, each making $55,000 a year, can easily out-earn a single attorney who makes the median of $95,000 annually. Despite household income rising drastically through the union of two economic equals, neither individual has advanced his or her function and position within society. Yet the household (not the individual) may have become more affluent, assuming an increase in household members does not offset the dual-income derived gains.
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 and 2015. After 20 years on the police force and fire department, the majority of our brave men and women make $100,000+. Not only that, their capitalized pensions are worth millions!
Yes reaching FI is important, but let that alone drive you to freedom (or boredom) sooner! How about balance act of – raising good family (in timely manner, don’t have a down kid at age 44 — rather finish having healthy litter by age 35!). PACE your life and goals – enjoy the journey as much as the destination — because, once you reach your “made-up” destination, there is no “coronation” ceremony !!
There are jobs out there for veterans and sometimes yes your training in the military does not give many, if any, civilian options. But I encourage you to think outside the box. You do not need to get any job that has to do with your rate. My cousin was aircraft ordnance and now is happy being a bartender in Hawaii. Not my cup of tea but it’s his life and he is happy with it. Look at USAjobs. com as another poster suggested. There are also jobs on nukeworker.com that don’t require nuclear experience like security. Keep trying, you may have to work some terrible jobs as I did, but you’ll find your way.
Reading this just makes me want to go into a hole and never come out again… I would love to make around figures one day but college is drying me out. I live paycheck to paycheck and I feel like i’m going no where. I feel like I’m in a rut and I hate it. I don’t want to live like this for the rest of my life. can someone give a young person like me some advice on what to do in the future or now? I try so hard to save my money but when I have it… Read more »
My conversion rate went from 2.5% to 8% just by including Facebook polls where SiteGround was rated #1 (here’s last year’s poll) plus Twitter screenshots and Facebook conversations. Whether it’s Amazon reviews or social proof, you NEED to include outside opinions. You can also use WP Rich Snippets to allow people to leave a review about the product/service on your site and get those review stars in Google (you will want to use their front end submit add-on).
If you are in this camp then Glen has done an amazing post on keyword research which is a really good place for you to start. The important thing to take note of there is the last part of the article that talks about things you are passionate about. Picking a niche or keyword set based solely on the idea of making quick cash is a really good way to lose interest.
You’re right that there’s tons of variables in teaching. I used to work at a Title 1 school that was almost 90% free and reduced lunch/low income. I would still work there today if it were up to me, but their funding was so bad. 🙁 It’s also interesting to look at how teachers are paid. We live in a very high COL suburb *for the Midwest*. But that’s also why my salary is so high. My district can pay what they do, at least in part, because of property taxes. It gets far more complicated when states have universal salary schedules and other things I don’t really understand 😉
Since I have used various affiliate programs and networks, it ‘s hard to offer an accurate report here, but I will use the report from my major affiliate program and calculate the earnings using that income. I will also share with you the related network names, which will help you to identify some affiliate networks that can work for you. You can also check out my earlier posts on Affiliate Programs for the WordPress Niche which will offer you a great list of affiliate programs.
I would counter and say not to get a petroleum engineering degree but rather a mechanical or chemical degree and find a job in the O&G industry. Petroleum degrees limit you to a specific industry and from what I’ve heard (I’m in the industry) many companies are now leaning towards those with mechanical or chemical degrees over the once popular petroleum degrees. Further when the industry hits a down turn like we’re currently in, those with the more general engineering degree will have a better shot at finding work in other industries.
The result is a website that lists everything important that ever happened and I have begun to write a 1,000 word essay on each event. While selling the poster is the goal, completing the task of writing the full history has now become something of an obsession in its own right. It’s a big project and will take a couple of years to write the whole 300,000 words but at least I won’t be stuck for subjects to write about as they have already happened.
Upper middle class (15%) Highly-educated (often with graduate degrees), most commonly salaried, professionals and middle management with large work autonomy. Upper middle class (15%) Highly-educated (often with graduate degrees) professionals & managers with household incomes varying from the high 5-figure range to commonly above $100,000. The rich (5%) Households with net worth of $1 million or more; largely in the form of home equity. Generally have college degrees.
If you are interested in a way of making an 8 figure income I would be happy to speak with you. If you are coachable it is entirely possible. And with our team, those at the highest pay scale have gotten to the final promotion within four years. I am currently interested in growing a team in Taiwan, Poland and Australia and continuing to grow in North America.
I’m a senior in college. My major is Risk Management and insurance. I plan on getting an MBA in strategic mgmt/Finance from a top 20 business school OR an MSHA from a top 5 MSHA school like Michigan(1) or UAB(2). I hope to start making a least 120K right out of grad school. I understand you can be a hospital administrator or even CEO with an MSHA. Which career looks more promising when you factor in the cost of grad school?
You can’t make $1000 per day with Michael Cheney’s Commission Black Ops. It’s composed of rehashed information you probably already have. Some of the information are readily available on the Internet for completely free and the bulk of the training is theory that can’t get you started on your way to Internet Marketing success. It’s getting a D rating instead of an F because you might pick one or two concepts that you might find new and useful as nobody knows it all in the Internet Marketing industry.
We’ve compiled the following list of jobs to illustrate some of the most popular careers that offer high income opportunities without a college degree. Keep in mind that just because someone can make $100,000 each year at these jobs does not mean it’s guaranteed. These careers offer the possibility of generating a high income, especially when the careers include a salary, bonuses, commissions, overtime pay, and most importantly, hard work.
Google Autocomplete – go to google.com, start typing a phrase and look at the dropdown autocomplete results. You can use the underscore character “_” to have Google fill-in-the-blank. Just make sure the last character you type is an underscore. Try using plurals and change the word ordering to see different results. This is how I find 90% of my keywords.
I would say that I’ve only made 10-20k from stocks. Most of my money was from pure saving and aggressively working as much as I could. I’ve tried to limit my portfolio exposure to protect capital to ensure I can buy real estate. The real estate is now giving out over 10% returns and seems very low risk. I think I will continue this strategy. Lots of easy money to still be made from the day job and real estate :)! The market has me spooked as well! For me it’s all about cash flow to grow that income!
Yes, people who perform on stage look like a big group of people and they have union. Perhaps when you read the article about the strike you were surprised to know symphony players earn six figure salary, but only about 1% gets to play in the 100k+ salary orchestra from top music schools (Juilliard, Curtis, NEC, etc). I am a lucky few who plays in a major orchestra with 100k+ pay, but I spent my 20s practicing everyday earning $10k-$20k until I finally won the audition at age 30. (33 now) In order to be competitive in auditions, I own (parents and grandparents paid) an instrument that costs $300k. Most of the straight A students from top music school I know now earn below $50k. As a music student, it is a big success if one wins an orchestral job with $50k salary. Many try to teach and freelance at a $5k orchestra job to scrape by.
Hands down I’d say the best thing you can do is research 1 primary keyword, craft an enticing article title that includes your keyword (though it doesn’t have to be an exact match), spend time writing your search engine snippets (SEO titles/meta descriptions), and by far the most important is making your content as VALUABLE as possible through videos, nice graphics, table of contents, bold/colors/styling, etc. Small things like keyword density barely matter.
We are inflated with humans that hardly get the chance to a good upbringing let alone a good school system. The average wage in America is under $50,000 per family. Per family. Maybe you could actually help us and write a blog on how we unfortunate, 4.0 GPA or not, cant progress past a shitty system. These are the people that need financial help. Its the majority of America…..So, instead of taking your already privileged people in high school and making them richer, because if i could make 75000 a year i would be so grateful and fulfilled, as majority of us would, we would work harder for these companies than the average “privileged” kid…privileged i mean, good parents, good home life, decent teachers and help when needed……which is what America is so lacking, on paper we look great, so does my exhusband whom abused myself and my children for 7 years, maybe you could look at a bigger picture and help us. Help us and we will help you. You have the knowledge, take it to a lower level and help the less fortunate. We need it.
Having said the above, and bearing in mind that Panda aims for content quality which almost always translates into depth in content and information, SEO takes another picture. Co-citation, in regards to this, will probably be the new way Google evaluates relevance and importance of content. Even the Penguin update aims in a similar, slightly predictive direction. Panda favors articles including different words that provide some context to the topic. So writing in the “lingo” of a certain niche definitely gets you there.
Thanks for the thought provoking comment. It’s a question of idealism vs. practicality to me. I would absolutely support dictatorship or socialism if it meant responsible management of resources, equality and peace of life. But from history, we know leaders get corrupted or people take advantage of the system. Thus, we all play the game by ourselves to fight for our right to live the way we like…at least for those who are fortunate to be in a country that allows it.
Many people who do not attend college earn six-figure incomes and become successful without four-year college degrees. In fact, studies revealing that high school graduates earn an average of $1.2 million over the course of their working life illustrate that opportunities exist for those without degrees to make $100,000 or more each year. Achieving financial success without a college degree requires a lot of determination, risk-taking, and networking, but the opportunities are definitely out there.
I have to agree, when starting an affiliate site, you are putting up a huge investment, effort, money, and time, then if it is not bad enough, on top of that pit, earn less then 8% commission from you know who, and to insult you even more, give you a 24hr window, then you know who get a free sale from all your hard work when that person did not buy within 24hr, and to be honest, getting any site off the ground really blows, as you normally have to fight google all the way up the hill, which can take weeks, or even months just to find out if what you have done was a complete waste of effort, time, and money. As long as you got the money, and put up a quality site with quality content, then it may pay off in a few years, but how much money did one invest before getting into the black, all while the ceos are laughing at you for promoting them just to give you almost nothing in return for you hard work, and with a 24hr cookie.
Nicely written and so helpful info. Having too much advertisement in a site is so painful for visitor cause it makes the site look cheaper. Instead, If one can limit the number of one’s advertisement and have some affiliation it would be way cool and wouldn’t be so harsh for the visitors . You have shared some significant point for affiliate marketing . Thanks for sharing
If you lack the time to read the details of the review, here’s the short version: Michael Cheney’s Commission Black Ops isn’t as the sales page claims. Your chances of making $1000 per day with it are very slim. You’ll discover that there’s really nothing exceptionally revealing or new about it. Some of the information in it are actually stuff you can get for free on the Internet. I provided proof for all these within the main body of the review below.