6. One thing I heard recently was SO true, it bears repeating loud and clear, “I don’t care what internet marketing method you use, it will fail for one reason only: YOU didn’t apply yourself and work all the angles you could think of. ANYTHING can be sold, even crap on a plate, to the right people, and in the right way.” So can we then blame the product? Can you ENHANCE an existing product or create a new, better version?
These elements can be dressed up prettily but are recognisable once you are aware of what they are. OK so Number 1: An absolute bargain. His drop closing was very standard it could be $20000 gradually coming down to $1997 sound like a bargain. “2: It has to be NOW! No time to check anything independently, it’s now or never! and 3: Cash or cash equivalent.
in terms of pay, sure, eventually you’ll make $100k at Booz Allen, but you’ll reach that number much sooner at other firms. Booz Allen pays $50-60k to Consultants fresh out of undergrad. Year over year raises are insignificant (they cap at 3%, unless your Principal/Senior Associate goes to bat for you on market rate adjustment). Promotion raises are also nowhere near market rate. Additionally, levels below Senior Associate do not receive a performance bonus. You will likely not reach $100k at Booz Allen until 2nd Associate (see below levels).
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!
“Ultimate” is right! Thank you for this thorough and thought-provoking post. I have yet to venture into affiliate marketing; I’m standing in the doorway, thinking of how to connect my interests and knowledge to an appropriate product. I feel I’ve read plenty to get me started once I have a product, but this is the hardest part, isn’t it? I have just subscribed to Blog Tyrant and will continue to follow Viper Chill — I just want to put all this information to work, and soon!
Don’t set a goal to write 3 blog posts a day… set a goal to write 1 blog post a week and make that post super helpful, long, and filled with information that is so valuable you will say “yeah, people will link to that.” 90% of my traffic/affiliate income comes from just 20 tutorials, many of which are 5+ years old. But I am constantly updating them to make the content better.
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.
Many students in high school and college are bored due to the courses being to easy and don’t feel the need put effort into the perfect gpa rat race. Just because you can obsorb and regurgitate the material does not mean you will be a hard working, loyal and reliable employee. If your GPA is 4.0, you can still be a horrible employee. How many employees go to highly ranked schools and get high gpas in studies which have no real use in the real world. Does that mean mean that 4.0 student was wise in making that decision, I don’t believe so. It’s more on how do you want to live your life.
I love following your story and I appreciate how you are trying to teach your peers about money and maternity leaves, etc… You are an inspiration for your generation. You love your job and you are a role model but you also believe that we should all strive to be who we want to be and get paid for it. Keep swinging, Penny! You’re hitting home runs already!
I think you should add major sports league before you add classical music as one of these high paying jobs. It’s similar, people don’t do music/sports for money! But people do it for the love of it AND the money it brings at the very very top of the industry! In sports it is millions of $, in the case of symphony orchestra, it is 100k+. I work in the industry and it is misleading to list it along with other jobs in your post.
If you’re writing reviews, you should 100% be using rich snippets (they add review stars to your search engine snippets and increase click-through rates). There are many WordPress plugins for this but my favorite is WP Rich Snippets. It’s $69/year (or $399 one-time) and I use it for every single review I write. They have tons of add-ons, settings, styling options, and looks nice. Free plugins like All In One Schema.org do work but lack settings, styling, and flexibility.
I am a recent graduate from college of business with an MIS degree. I am very fortunate to say that my starting salary is 70k. I truly believe that I have the capability to have a six figure salary in my 20’s (currently 22). I loved this article and the comment section. Aside of what the article has mentioned any tips/advice from someone who can help me add an additional 50k to what I will be making? I’m sure that I will have a side hustle or start a small business while working my full-time job but I’m perfectly fine with that.
And of course it’s the main problem that I have with this program; instead of learning how to build your own online business, you’ll only learn how to make a website, promote Michael Cheney’s products, get traffic for that website and get commission for every sale that you make. So as it looks, it’s not good at all for people who are looking for a way to make fast cash so you may get disappointment soon and give up if you do not see result immediately after joining.
I grew up in SF. Big city. And for high school I went to the ghetto side of town where a lot of the teachers were burned out. A few of them left for private school after 1-2 years of teaching where the pay is a lot higher. I would have done the same. At an inner city school, it’s more work and stress for less money and less respect. The actual kids weren’t great to deal with either. High schoolers aren’t as cute as 5th and 6th graders when they’re mad. These kids carried pocket knifes now!
As you can see from my abbreviated history above, I hustled. I’m in my 40’s now and glad I did and haven’t let up. Didn’t have the best SAT scores, not the best grades. Read business books voraciously including The Millionaire Next Door and realized my grades ages 14-22 didn’t define me unless I let them. Everyone else was drinking and parting, and I was busting my butt in my 20’s. Glad I did.
cracking that six figure salary is great but what’s even better is living within your means. Being in the software sales industry, it’s not uncommon to clear 200-250k on a decent year, upwards of 500-700k on a stellar year. The lifestyle begins to change and you start spending more. Fortunately I come from a very frugal family so saving has never been an issue however I’ve seen former co-workers splurge and somehow live check to check. It’s quite sad honestly and when they’re not producing it can get worse.
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.
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.
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?
Based on the marketing, you earn 100% commissions on sales and on upsells. The promotion throughout the site makes these products sound like sure-fire winners, especially as Michael Cheney has already made a lot from them. That's not a bad commission rate! Seriously, I love when companies pay high commissions, but you have to promote good products if you want to keep those commissions and avoid refunds.