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.
I’m not a teacher. So what? While you may think side hustling is a no brainer, I’m not sure that’s the first course of action I would take if I were following another career path. Many careers not only reward performance with raises and bonuses, they also let you negotiate your salary. While I know not every negotiation is a success, I also know that none of them are if they don’t happen. If you find yourself feeling stuck at work, though, then it might be time to pursue a passion project that allows you to capitalize on a talent or an interest while still paying you a reasonable amount for your time. Basically, don’t give your time away for nothing or next to nothing.
As a Pet E. out of college, you’d likely earn around 100k + bonuses. After 3 years, you’ll probably earn around 115 – 130k working only 40 hrs a week. This gives you time to work on other businesses. However, you’re subject to downturns like the one we’re facing now. Lots of graduates and even experienced people unable to find jobs currently until the oil price turns around, so it’s a bit of a gamble.
Before I share the strategies that I’ve used to generate over $100,000 in affiliate commissions per month at this point, there are two extremely important rules I use when promoting products that are not my own. You don’t have to use these rules in order to become an affiliate or be successful at it, but it’s what has helped me grow my affiliate income tremendously over the last couple of years:
On AlexisGrant.com, I often — but not always — write (affiliate link) after using a link, or flat-out tell readers I’ll earn a cut if they buy through me. Often, readers *want* to help bloggers make a living, so they might even be more inclined to use that link if they know you’ll benefit. I know when I sign up for a new service I often take a few minutes to go back to the blogger I first heard about it from, and click through their link so they’ll earn.
Hey, Ari! I think you’ve actually inspired a blog post or two in terms of how I define success. Professionally, success is a student coming back a year or five or ten later and sharing what they actually learn. Of course, there are other markers. Professionally AND financially, I’m about there in terms of maxing out my salary schedule. But I still have a lot of success to try to cultivate in my classroom that matters more than dollars and cents. In my financial life, I feel like success is a moving target. I have to remind myself the fact that I bought a house at 26 on my own and my husband and I can do many things (within reason) to support ourselves and our son AND have fun means I’ve already had success.
Incomes for those employed, full-time, year-round and over the age of twenty-five ranged from $20,826 ($17,422 if including those who worked part-time) for those with less than a ninth grade education to $100,000 for those with professional degrees ($82,473 if including those who work part-time). The median income for individuals with doctorates was $79,401 ($70,853 if including those who work part-time).
Create custom alerts on your phone for affiliate sales – if you use GMail, go to your settings and create a filter so all emails with “SiteGround Affiliate Sale Generated” in the subject line go into their own folder (tweak the subject line to match whatever email notification your affiliate sends you). Then setup a custom alert on your phone using the GMail app so anytime you generate a sale, you get a custom alert (here’s a tutorial for Android and here’s one for Apple). I have different notifications for SiteGround, StudioPress Themes, etc. Makes your day better :)
The typical middle-class household in the United States is no longer a one-earner family, with one parent in the workforce and one at home full-time. Instead, the majority of families with small children now have both parents rising at dawn to commute to jobs so they can both pull in paychecks... Today the median income for a fully employed male is $41,670 per year (all numbers are inflation-adjusted to 2004 dollars)—nearly $800 less than his counterpart of a generation ago. The only real increase in wages for a family has come from the second paycheck earned by a working mother. – Elizabeth Warren, Harvard Magazine.
The Seven Figure Franchise almost sounds a bit similar to the Empower Network for those of you who remember that program. The Empower Network was a scam and a lot of people lost their money in it. That program flopped big time! In my personal opinion, what I would recommend is that you sell some affiliate products on the side and instead, invest in selling your own products where you will be making constant income rather than trying to make some huge marketer even richer. And there’s a reason why getting a refund is so dad gum hard with the Seven Figure Franchise. It is because they don’t want to really give a refund in the first place.