Now, here’s the current conundrum. I still don’t make six figures. I have made some really smart money moves, but even now, I’m not slated to pull in six figures for another decade. I have two choices. The first option lets me sit back and let time work its magic. Each year of service nets me a small raise. It also gives our money in the market more time to do its thing. Conversely, the second choice involves monetizing our talents and skills. Otherwise known as prioritizing the side hustle or the passion project.
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First of all, Thanks @Alexis Grant to share this post with us… Well it’s true, if you have enough visitors to start in Affiliate program, you should go for it, You need to monetizing your blog according to your visitors interests.I am using amazon to promote affiliate links in some of my blogs and it’s a clear winner I must say, I am getting more than 5000 unique visitors daily and averagely earns upto 3,00,000(around 4500 $) per month… I would say go for it 🙂 🙂
Of course it’s up to you whether you keep the classical musician in the list of high paying industry. I just took the time to explain because I wanted to let an influential person like you know the reality of those $100k symphony musicians on strike. I can say this with confidence, though. If someone is looking to make six figures, classical music industry is the last place to consider getting in unless you have already started practicing at age 5! :)
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 ;-)
As is the case for most professional reviewers, many of the books I review on this site have been provided by the publisher or author, at no cost to me. I've also reviewed books that I bought, because they were worthy of your time. And I've also received dozens of review copies at no charge that do not get reviewed, either because they are not worthy or because they don't meet the subject criteria for this column, or simply because I haven't gotten around to them yet, since I only review one book per month. I have far more books in my office than I will ever read, and the receipt of a free book does not affect my review.
You might ask if 7 figure franchise is making 7 figures then why does he sell, simple coz selling it will make him 7 figures, now let me breakdown for you, lets say I have a method that genunely makes me $1000 per day, and In 30 days that makes me 30,000 so I take this method n make a product sell it for $2000 giving affiliates $1000, I get big affilates sending 1000 visitors and only 100 buy that means instead of me making 30,000 a month I make 100,000 in 3-7 days coz I sold my 1000 a day method.
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 !!
Thirsty Affiliates tracks, cloaks, and categorizes your affiliate links. Once you’ve signed up for your program(s) grab your affiliate links and add them to this plugin. This can take time if you will be linking to multiple pages on your affiliate’s website (which in many cases, you should). The pro version comes with statistics but I don’t even use it and I’m quite the analytical person.
In your opinion what college degrees and respective careers are most likely to help me accomplish this financial goal? For example, I was once advised that a BS/MS in electrical or computer engineering paired with an MBA was one of the safest routes to a high-paying career (meaning you don’t have to rely on working for a specific company or in a specific area). Would you agree with this, or do you have other thoughts and ideas on the subject?
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 »
Thanks for sharing this information. I actually work as a Project Management consultant in the technology and healthcare industry but I really want to get into construction project management because I love architecture I was also interested in natural resources project management just for a change but, it is very difficult to switch from one industry to another any advice?
Our prospects are much better than teachers in some states, but both of our incomes are tied to salary schedules that are determined by the schools’ budgets and what the taxpayers are willing to allow. My salary schedule is much more generous than my husband’s, allowing me to be the breadwinner (maternity leave notwithstanding). But his coaching stipends and curriculum work pay is much more handsome.
Anyway, back to this program called the Seven Figure Franchise. There have been many affiliate programs that have come and gone over the years promising all sorts of wealth and prosparity. Now don’t get me wrong, I do believe that people make money with affiliate marketing, but like some of the people her have mentioned, you have to do it in the right way.