Economic well-being is often associated with high societal status, yet income and economic compensation are a function of scarcity and act as only one of a number of indicators of social class. It is in the interest of all of society that open positions are adequately filled with a competent occupant enticed to do his or her best.[10] As a result, an occupation that requires a scarce skill, the attainment of which is often documented through an educational degree, and entrusts its occupant with a high degree of influence will generally offer high economic compensation.
Several years ago when I started out try to make money online I chose a weight-loss product, built a pretty crappy site with WordPress, fashioned a ‘giveaway’ and an email series and linked it up to Aweber. I wrote several articles and submitted them to various directories then one day I was signing in to my AOL account when I saw an article on the Huffington Post about dieting. I wrote a comment along with a link to my website and pretty much forgot about it. The following day I was absolutely astounded to see that I had got 300 people signing up on my list. Over the week about 15% unsubscribed-probably as my email series was bobbins but by the last email contained a link to the product of which 17 people bought. As the commission was £42 (about $63 in those days) I made £714/$1071 with a crappy site, a crappy email series and a crappy comment. I (stupidly) have never done anything with it since-can you believe that? Anyway that site is still there and continues to make the occasional sale.
Not every site has to focus on emails. That being said, Ramsay has a good point. One of the reasons I wanted to ask about conversion rate is because you don’t know if people have objections. Usually this is the job of the product seller, but maybe they have questions about these specific products that aren’t being answered, which you could solve with an email list and regular updates.

It seems like you no longer want to work so much and are trying to break free ASAP in your mid-to-late 20s? Is this true? If so, why do you think you burned out so quickly from petro engineering, especially if it only takes you 40 hours a week? 40 hours a week is a walk in the park in comparison to banking, consulting, law, medical etc. Why not just work as a petro engineer for longer?

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 »

Michael Cheney is a very creative presenter, I give him that. He used expressions like “golden dropzone,” “choose your weapon,” “select your target,” ”set your battle tactics,” “fire at will” and so on as the captions for his training modules. But what he taught in his Commission Black Ops doesn’t qualify for the “the greatest commission-creating tactic known to man” as he put it on his sales page. If you doubt it read on and see for yourself.
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Nerds got a lot of grief in grade school. They were picked on, made fun of, called, “NERD” and other much worse things…lol. But as a grown up “Nerd” I can look back at all the jocks and have the last laugh cause it’s me who is now successful (and better looking), and their 10 seconds of fame on the HS Varsity football team resulted in a job at McDonald’s cause they “ain’t got no edjukaton”. Cheers to all those who are smart, took the grief, and are now living the good life! 🙂
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.
THANKS so so much. I was seriously discussing this and the 2K odd $ is massive in my current situation. When I started asking basic questions about structure n content n timing, such as how long do we get mentored or why is it different especially for mature, skilled people. I received similar to above, some people think too deep, ask too much n arent who we want to help make Leaders. I shared some things, but not enough. ….
Hey financial smaurai I have a question, I just turn 18 and I’m gonna be a senior this year in high school, my grades was mediocre and my job sucks, I am a host of a restaurant making 10$/hour and only working 15-20 hour per week. I always wanted to be big in life and my passion is animals. I want to work in the field of zoology like maybe marine biology wil I be able to make 100k in that work field
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The nice thing about computer science is you don’t have to be a top student to get a good job. The market tends to be very healthy and a computer science degree gives you a nice edge over most applicants for IT positions (experience of course trumps this, but entry-level IT positions really like math, engineering, computer science and statistics students).
* My closely-guarded, multi-million dollar launch strategy which has hundreds of affiliates begging you to promote. (I have this down. My biggest launch, back in 2008, did $1.9M in a week. Every one of my past 7 launches has got #1 Bestseller and Product of the Day status on JVZoo and I have multiple products in the Top 50 products of all-time on JVZoo).
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.
There are countless numbers of affiliate models that people follow in an effort to earn money online.  I follow the technique of sharing what I use,  and earning income by doing so.  If you are using monetization techniques other than AdSense, I recommend that you make a slow transition to affiliate marketing as well. Add one or two banners of related affiliate products on your blog sidebar, and see how it works out for you.
Hello Anis, your review is quiet honest, I have several products by michael as I have tried to promote it before, now those looking at promoting his stuff, know that it will make money, but those who buy, unless they are total newbies will not be very happy. Having said that just go on Jvzoo and apply to promote his stuff if you wanna try if his funnels work, thats free, coz of the hype they really do work.

Michael Cheney is a very creative presenter, I give him that. He used expressions like “golden dropzone,” “choose your weapon,” “select your target,” ”set your battle tactics,” “fire at will” and so on as the captions for his training modules. But what he taught in his Commission Black Ops doesn’t qualify for the “the greatest commission-creating tactic known to man” as he put it on his sales page. If you doubt it read on and see for yourself.

Another advantage public schools have is their far broader acceptance of AP and community college courses (remember Step 1?). After all of my credits were applied, I entered college as a junior and graduated in 3 years instead of 4. That’s an extra savings of $10,500 or $50,000 if I were smart enough to get into a school like MIT. I’m not even including room and board and textbook expenses. Absolutely huge.

First, much of that income came from the initial hype that surrounded the product. Once people started trying the products and reviews came out, sales would have dropped considerably. That’s largely because the reviews often aren’t positive and the products don’t tend to live up to the hype. I can see my own traffic stats from reviews, and after launch, product interest dies out considerably and never returns. Can you expect to make sales from these year-old products?