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’m 26, and I have served 6 years in the Navy. I am out, and using my GI bill at The University of Nevada Reno. I was an engineer in the navy, and I worked on potable (drinkable) water systems. My degree is going to be in Hydrology. My 6 years of solid experience and 5 years in school, I feel are going to give me one hell of a leg up in the working world. I am also a yacht captain at Lake Tahoe. One thing that is driving me is getting property in the most beautiful part of the country for my future wife.
I am glad to know that Affiliate Marketing is not dead as was presumed in early 2012 when Google pushed out harsh update targeting affiliate sites. I agree the article or blog post needs to be detailed and videos result in more conversions. I personally got succeeded more by adding videos to affiliate content. Anyways Glen all the tips you mentioned have been deployed by me on my blog and they work pretty well.
But don’t worry. You don’t have to make it all the way to the top, because you’re not going to an Ivy League school (see Step 3 and Should I Go To A Public Or Private School). Instead, channel your aggression towards maximizing Advanced Placement (AP) and community college courses. Why? Because these translate into real college credits later for a fraction of the cost now.
To be assured of stable revenue inflows, you must definitely have reliable access to the internet. It also entails regular and prolonged contacts with the internet every quite often. This means you have to be online 24 hours a day if possible. In case your internet connectivity is unreliable, you may not be able to leverage its advantages to the fullest extent.
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I’m 23 y/o and have been going to community college on and off since h/s. Didn’t really care about grades the first 2 years so that really screwed up my gpa in the beginning. Long story short, I’m sitting at a 3.0 gpa currently and want to change my situation. I’m going to take school and grades more seriously. I have to stay one more year at community college to complete the required transfer classes to be able to attend a university. I can probably raise my gpa to a 3.1 before i transfer, but I don’t think i can transfer to a good business school with that gpa. So I plan to transfer to a Cal State and try to keep a 4.0 for 2 years until I graduate so my average gpa from community college and University would be about 3.5-3.6. Then, my next step would be to apply to a top 15 business school

Of the top 10% of income earners, those nearly 15 million individuals with incomes exceeding $77,500, Whites and Asians were once again over-represented with the percentages of African Americans and Hispanics trailing behind considerably. Of the top 10% of earners, 86.7% were White.[36] Asian Americans were the prevalent minority, constituting 6.8% of top 10% income earners, nearly twice the percentage of Asian Americans among the general population.[35]

There's a reason why the first two editions of this book havesold thousands of copies worldwide. Written by two of the world'smost successful bloggers, it's one of the clearest books out thereon how to earn an income from your blog. This new edition gets youup to date on the very latest changes that affect theblogging-for-business landscape. Featuring new material on Twitter,Facebook, and LinkedIn; plus new ways and tools to grow youraudience and expand your business beyond your blog, thisprofessional blogger's bible is better than ever.
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.
While the two paragraphs above only describe the relationship between status and personal income, household income is also often used to infer status. As a result, the dual income phenomenon presents yet another problem in equating affluence with high societal status. As mentioned earlier in the article, 42% of households have two or more income earners, and 76% of households with six figure incomes have two or more income earners.[11] Furthermore, people are most likely to marry their professional and societal equals.
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”.
I liked your post. I was a Mechanical Engineering undergrad and got a Masters in Aerospace Engineering and was working by age 23 for a Fortune 50 company making Aircraft Wheels & Brakes. Since then I’ve moved to several fields and got into management. Made over $100k per year ($140K) at age 27 and onward and upward from there. My grades were poor, too much lack of focus the first two years of undergrad so then did an undergrad research position and co-published a paper to help me get a scholarship into grad school. Now I love learning about new businesses and leading people to achieve good business outcomes. It makes me a better investor too.
Interesting post. I made about 110k at age 25 working less than 40 hrs and about 4 weeks off. It was my first gig and a non engineering degree. I graduated with a Masters and now make much more simply because i work more hrs. Im in the healthcare field. Job is tolerable and hrs are flexible with a high level of freedom and flexibility. My path was different from most as i fell into the profession, rather than having a concrete plan. I am blessed I suppose. I have a friend who gruduated with a Chemical Engineering degree and has not worked in the field since graduating from a reputable Uni about 4 yrs ago. Last we spoke, he was working night shift at Dunkin Donuts. He tells me he cant find any work in the field. Whats up with that? He is in NYC.
My question is, do you think this is a worthwhile method? Or do you think I should be creating a longer blog post and focus more of my energy on building backlinks to that post? Then with that specific blog post should I be linking to my review pages or to the affiliates? As right now I’m mainly building backlinks towards the review pages but would it be worthwhile to create a post, build link juice to it and just pass it back on to the review page?
There are inexpensive options to attend technical and community colleges to obtain a 2 year degree in a technical field that O&G recruits. The industry is getting more complex so if you’re able to get an associates degree in Instrumentation and Controls and graduate at/or near the top of your class where major oil companies recruit you have a good chance of landing a job where you can make 100k+ less than 2 years out of college.
Disclosure of Material Connection: Some of the links on this page above are “affiliate links.” This means if you click on the link and purchase the item, I will receive an affiliate commission. Regardless, I only recommend products or services I use personally and believe will add value to my readers. I am disclosing this in accordance with the Federal Trade Commission’s 16 CFR, Part 255: “Guides Concerning the Use of Endorsements and Testimonials in Advertising.”
Hey, Sam! Great article/read. Also, i’m not sure if you’re the right guy to ask (bother? lol) but I just turned 20 and I basically got really mediocre grades at my mediocre community college and i’ll be getting my diploma next year. Not that getting into policing will be too much difficulty, but being a high ranking officer, such as a chief, that pays very well might be a bit of a stretch later down the line. I could go back and EASLY get A’s but the idea of going back to school and doing the same thing… ehhh…. I might consider doing it later, perhaps when i’m 30ish and gotten some experience as being an officer. What would you recommend? I’m open to anything. Thanks mate.
Jon, you are doing awesome. You were asking how to make 860k in 4 years. I’m saying the past five years is different from the next five. 860k was relatively easy to make using leverage on SF real estate (as Sam did), or on a good stock pick (lots in an 8 year bull market) the past 5 years. I just don’t see any easy opportunities for the next 5 years. 10% a year return won’t make you 860k in 4 years.
Hey Tom, thanks for this tutorial – it’s a good thing to get a tutorial like this from a trusted person like you and not from the thousands of (sometimes) confusing articles about passive income/affiliate marketing/clickfunnels and what not that I come across from time to time, I am making a living as a web designer and I have been thinking of pivoting from design and creative work to focus on passive income but didn’t know where to start. This is the perfect foundation article I have seen so far and I ‘d like to ask if you have any further reading/guides/videos on affiliate marketing that you’d recommend. I like to do my deep research before starting :) One more thing, there are some broken or missing images in this article, it could be my browser but check from your side too because there are quite a few images (e.g your Mercedes) that are missing. Thanks

First, thanks to Glen who took the time to give me some feedback on an article/sales page which I created last summer and had problems ranking with. This was around December 2012 I think. Anyway, Panda and Penguin have done most of the job since then (as Ramsay said- make great content and it will be rewarded eventually) and I can now proudly say that this month I made 500$ from that page only 🙂 (created another one for a similar product too)
This forumla you have makes sense for some people, but not all. Case in point – I went to a college in the midwest that no one has heard of, graduated with a 3.2 GPA, and at the age of 29 closed the year with a $110k salary. My boyfriend went to one of the top 10 public institutions in the country, graduated with a 3.8 GPA, and last year earned about $20k. Yes, having a degree from a top-tier institution may have increased my current salary even more, but I think had I gone that route I would have went into a less exciting career and given myself less chances to fail. Instead, with my average academic background, I’ve been able to live out many careers in my 20s – as a business journalist, and then in a variety of roles in startups where I could put my writing skills to use. I learned how to negotiate and that’s why I’m making six figures today (and I also have a sizable stock package that could be worth more a few years down the road.) My salary clearly has nothing to do with my academic performance. Sure, Google would never hire me because I don’t meet their hiring criteria, but who needs Google when you can start out as one of the first employees of a startup and help make that startup worth hundreds of millions of dollars?
A correlation has been shown between increases in income and increases in worker satisfaction. Increasing worker satisfaction, however, is not solely a result of the increase in income: workers in more complex and higher level occupations tend to have attained higher levels of education and thus are more likely to have a greater degree of autonomy in the workplace.[20] Additionally, higher level workers with advanced degrees are hired to share their personal knowledge, to conceptualize, and to consult. Higher-level workers typically suffer less job alienation and reap not only external benefits in terms of income from their jobs, but also enjoy high levels of intrinsic motivation and satisfaction.[10][20]
You found a topic that is of interest to a huge target audience (who doesn’t want to make 100k plus a year?) You spent some money so your website comes up while searching google (therefore generating more traffic to your page) and you’ve written this guide in a way that includes everyone (that way nobody feels like they aren’t able to achieve this same success) Throughout the article you’ve posted links to multiple products/companies which you earn revenue from each time someone clicks them. Along with that there are advertisements throughout that you’re gaining revenue on etc. So essentially, anyone reading this and clicking links is generating revenue for you. Touché

Hello, I am a Sophomore in college at Humboldt state majoring in Biology currently and I am only doing that because I wanted to be a vet but now I have changed my mind but people around be are saying to stick with biology. I have heard of the idea applying to the top companies but I am interested in what field i should be majoring in. I went and talk to the business major counselor and that didn’t sound like anything I would be good at and enjoy ( as with all the majors right now). So my question to you is what major would be good to do to apply for the top companies ? and will the career be just like the major?
I have never struggled with grades. Foolishly, as a high school senior at the top of my class, I chose a small private liberal arts school to attend for undergraduate studies. Even worse, I majored in the humanities, and obtained a Bachelors in Social Work / minor in Spanish. Since a masters takes only one year if you have your BSW, I obtained my MSW directly after graduating.
Of course there are some drawbacks. Learning to fly isn’t cheap. Another $50,000-$100,000 on top of the costs of a college education is realistic for most. But just as with college tuition, there are loans available to help pay for flying education. And one can flight instruct part-time while attending college to not only help pay for classes, but also gain valuable flight experience. Obviously the military, either active duty or national guard, is another potential option for defraying the costs of flight training.
Of course you want affiliates with high commissions, but they should also have a solid reputation with high conversions and low reversal rates (you get $0 if people cancel after signing up). If they’re part of an affiliate marketplace like ShareASale or ClickBank you can see some numbers there. Companies likes Amazon/SiteGround are safe bets, otherwise do your research (or track your affiliate links so you can monitor their performance). Avoid affiliates offering huge commissions since this probably means they’re struggling to acquire/retain customers naturally. This will hurt your numbers (specifically your conversions/reversal rates).

I find it a bit "interesting" that Michael says it works like any other franchise. Basically, you are buying an expensive products from him so you have a right to sell his other products. In this scenario, Michael Cheney wins for 100% sure but you, the buyer, may either lose $1,977 or make even more (directly or indirectly) money to Michael if you succeed well.

Of course you want affiliates with high commissions, but they should also have a solid reputation with high conversions and low reversal rates (you get $0 if people cancel after signing up). If they’re part of an affiliate marketplace like ShareASale or ClickBank you can see some numbers there. Companies likes Amazon/SiteGround are safe bets, otherwise do your research (or track your affiliate links so you can monitor their performance). Avoid affiliates offering huge commissions since this probably means they’re struggling to acquire/retain customers naturally. This will hurt your numbers (specifically your conversions/reversal rates).

Set your price. Usually, websites sell for 3-5 times the yearly revenue. So if you had a blog for six months that made $30,000 in those six months, your yearly revenue would be about $60,000. You could then sell your site for $180,000 or more depending on your buyer. Bigger companies are most likely to spend larger amounts of money on a website than small companies are.
Another thing I always want to cover is getting every possible question that a reader might have answered. Subtly, in one way or another, answering questions before they arise provide rationale for any reader who is ready to purchase. This also works great for SEO purposes since it covers the “lingo” for the product. Google evolves through constant self-learning, so once people start to ask questions on Q&A sites and forums, once they start to write about every single aspect of a product, it picks up. And fairly quickly. Just type something in the Google keyword tool and it shows you new and more synonyms by the day.
All of it, though, pales in comparison to a lot of other professions that people normally flock to if they have ambitions to pull in six figures a year. Still, I’m a big believer in doing what you love along the road to wealth. Now that I’ve done this job for ten years, I’m finally ready to share my plan to pull in six figures as a teacher and some strategies that might help other mid-income earners do the same.
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.