We also pay for the occasional epic blog post, plus digital tools like MailChimp ($150/month), hosting ($150/month), etc. Because the site has grown exponentially over the last 18 months — we now see about 115,000 unique visitors each month and have 23,000 newsletter subscribers — it costs more to run the site now than it did a year ago. We now spend about $3,000 a month to run The Write Life.
You’re absolutely right about that time. Never give up. Content marketing is a hard job but you got to look at it like this. The internet and side hustles are here to stay. It goes Way Beyond making money online. We both know there’s no more traditional job security in America today. These narcissist employers are nothing nice. They will hire you 1 minute. Harass you on the job. Steal your commissions and laugh at you behind your back while you continually work hard and put more money in their pocket, then try to enslave you into making more money for them and continually disrespect you to your face. This is the Ironclad indicated it’s time to walk away and start your own business online by working part time on your side hustle weather to Philly at marketing, blogging, or selling your own product service online. There’s billions of dollars to be made in the affiliate marketing industry. With that said, it’s a good thing to know the side hustle is here to stay to those who dedicate themselves to creating quality content on blogs and websites and taking a side hustle to the public nightstep. Agree? :-)
Wow, this is a really great review and I am glad that I have found this before even considering 7 Figure Franchise. First of all, what a hefty up-front cost just to become a franchise owner of what. Your example with McDonalds is perfect. Now that is a real franchise. I can’t see spending so much up front for nothing tangible in return. Thanks for the great review!
Amazon Associates – for pretty much anything sold on Amazon. If you have links to your books on your website (and you should do!), this is a good way to start with affiliate marketing and you will receive a little bit extra if people shop through your link, as well as a percentage of other products that people buy within a 24 hour period. You can use your existing Amazon account and then find your books, copy the special link and then use that on your site. You can also use a site like Booklinker.net or Books2Read.com to create one link that works for all stores and contains affiliate links.
Another good platform to start with is Reward Style. Once you’re enrolled, you can get links for seriously hundreds of different sites–everything from Bed, Bath & Beyond to Anthropologie to PETCO to Pottery Barn Kids to Zulily. While it’s a fairly small commission (usually 5-15%), it all adds up and all you’re doing is helping to facilitate a sale for something you’re already talking about anyway!
This article has been so inspiring to me! I’m a junior in high school and I’m so ready to get out of it and into the real world. They always say money can’t buy happiness, which I agree with to an extent. But I have my standards… I wanna live at the beach in a nice house. And I want to live comfortably. And I want to be able to take care of my family. And a little money would go a long way to helping that. So thank you for all of this wonderful advice!
Well, Chico State has a reputation as a party school, so this might not be a fair comparison. I personally went to a program that was extremely well respected in the arts, but as an academic institution was just fair. In actuality I had some really amazing professors (some who had PhDs from Ivy League schools, some who didn’t) but my choice was made based on the quality of my program versus the overall school. I did decide on a liberal arts school versus just an arts school because I wanted the option to expand outside of just an arts population. So, in that sense, if Chico State happened to have a better program in the field my “son” was going into versus Harvard, I’d say go for it. I’m not making the argument that if one has the academic intellect to do well in school that he/she should avoid going to a top-tier academic institution, what I am trying to say is that it’s not the only way to do well in life. In fact, I’ve met many people from top-tier schools who act entitled and think certain work is below them, whereas I’ve been hired and tend to be a respected employee because I’m willing to get my hands dirty. Again, this is not saying every Ivy graduate is this way, but same goes for every graduate from a “Chico” as you put it. When I was applying to college I got into Rutgers which is a fairly good school academically (not an Ivy, but at least up there with the top public schools) and I chose to go to a school that was less prestigious on the academic front because it was a better fit. I was a theatre major. I ended up switching to minor in journalism and sociology. I had an internship with Emmy Award-winning documentary filmmakers who had a program set up with my school, and was able to help compile research for cable TV news programming. Point being, the opportunities for success are everywhere. If you’re really smart, you’d skip college altogether and spend your college tuition building a business or two. Sure, you might never have the stability of working in a consulting firm or at a big tech company, but the people who get really rich (or at the least who lead “rich lives”) are often the ones who don’t follow the typical road to success.
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.
But if you want to make money – there are things to do besides be an engineer and having been one of those that did a bachelors, medical degree and post doc before I ever had a real job – worked fine even with the loans. I was the first in my family to acheive a graduate degree, paid for it with loans, but my niche career choice I found out about during my pathology traing way down the line worked out.
I wouldn’t say 500k+ is typical for physicians in the U.S. It depends a lot on specialty of practice. I married a physician who specialized in family medicine, which is primary care. Her prospects upon leaving residency are more between the 200k-300k range. I’m sure it could be more in other geographic regions. I know one family medicine physician who started his own clinic, grew it, hired other health care providers, and makes about 750k. I don’t think that is typical — he just works his behind off. My wife isn’t willing to live her life that far out of balance. She wants quality time at home as well. Surgeons probably earn the most, and I know getting into an anesthesiology residency is highly competitive. Anyway, to sum up my point in a brief way (too late!), there is a broad range of physician income highly dependent on specialty of practice.
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If you are interested in a way of making an 8 figure income I would be happy to speak with you. If you are coachable it is entirely possible. And with our team, those at the highest pay scale have gotten to the final promotion within four years. I am currently interested in growing a team in Taiwan, Poland and Australia and continuing to grow in North America.
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.
By the way, your blog convinced me to more than max out all my retirement plans and then some. I naively neglected my savings during my early/mid 20s as I pursued more adventurous(low paying) work in Europe and took out loans for an MBA. I envy your ability to live and work from beautiful Switzerland. I hope that I too can establish myself in such a way to split my time between Chicago and S. America (where my wife is from).
Not that I recommend this as a permanent lifestyle, especially if you want to have kids some day, but you could always take one of those “Most Dangerous Jobs” as an oil platform worker, Alaska crabber, etc. which pay well, or even get into a decent skilled job in a manufacturing facility with a base of say, 50-60K after a few years, but work every shift of overtime you can get your hands on. Granted, I used to see many people miserable doing this, but they were bringing in 6 figures as a mechanic, pipefitter or in some cases, even HS level line workers. Finally, you can get a side job – like blogging!
Every Tuesday, we send out an email called Favorite Finds where we recommend ONE, SINGLE affiliate product or service that we’re currently loving. It could be a new offer that one of our affiliates is promoting, or a tried and tested affiliate that we love and recommend on a regular basis, or a new affiliate so we can gauge our audience’s interest.
LOTS of people feel the way you described in terms of being trapped and not being able to move up. I’d argue through, that in a lot of the cases engineers are kind of awkward, while also being kind of arrogant and entitled. I’ve experienced person after person express dislike for their job or inability to get promoted, but they don’t get company paid for masters degrees, they don’t get PMP certifications, they don’t even do the work of applying for other jobs, they just whine about it…
In the United States, the highest earning occupational group is referred to as white collar professionals. Individuals in this occupational classification tend to report the highest job satisfaction and highest incomes. Defining income based on title of a profession can be misleading, given that a professional title may indicate the type of education received, but does not always correlate with the actual day to day income-generating endeavors that are pursued.
I say models, but truthfully, an oil reservoir is not something that can be automated and predicted with high certainty. By the time you learn everything about the field, there’s not much more oil left and you’ve already spent the capital. And every single oilfield is different than the next one. You can press buttons and get a number, but without knowledge of the underlying physics and experience of theory vs. practical, you’ll have a hard time defending your forecast.
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?
Hosting – I suggest joining the WordPress Hosting and WordPress Speed Up Facebook Group and see what real (unbiased) people are saying about hosting. SiteGround was #1 in multiple Facebook polls and #1 in most Facebook conversations (this one too). People who migrate usually see significant load time improvements especially if they’re currently using Godaddy/EIG. I use their semi-dedicated GoGeek plan which comes with 4x more server resources than regular shared hosting (#1 factor in WordPress Optimization Guide) and have <1s load times with 100% scores in GTmetrix/Pingdom. SiteGround also does free migrations.
Sam, I follow and reference your “just start a website, dammit” advice and started my own a few months back. Goal is to post once every 7-10 days, and move that to once a week, soon. Without being “that guy” I’ll post the address below if you’ll allow it through. The site is very niche and (as far as I can tell) very unique. Well, maybe the end result in my
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.