71–80 of 216 posts
$100k isn't successful, it's the bare minimum as a professional. If you're an engineer, all that's required to earn that much is show up on time and be good at your job. The cold, hard truth is if you don't earn at least that much, you either suck at your job or suck at negotiating. Your bosses and many of your peers earn twice as much as that. Edit: IF you work in the corporate world. Clearly if you're a lifestyle-b…
Tip 1: Be born American. If that doesn't work, emigrate.
$100k isn't successful, it's the bare minimum as a professional. If you're an engineer, all that's required to earn that much is show up on time and be good at your job. The cold, hard truth is if you don't earn at least that much, you either suck at your job or suck at negotiating. Your bosses and many of your peers earn twice as much as that. Edit: IF you work in the corporate world. Clearly if you're a lifestyle-b…
My lifestyle-biz friends working over wifi at the beach in Thailand are making 1/4 - 1/2 million/year. Just like any other job, you just have to know what you're doing and do it well.
Tip 1: Be born American. If that doesn't work, emigrate.
Tip 3: Be born in a rich country with a growing middle class
[1] http://en.wikipedia.org/wiki/Median_household_income#Median_...
Earlier quoted context omitted.
I hate to be the bearer of bad news, but if you're an entrepreneur and you "can't imagine" what you'd do with $100k, you might be in the wrong line of work. Allocating capital is a big part of being in business.
I can easily imagine how to invest anywhere up to tens of billions of dollars. Spending a $100k salary for personal enjoyment is another question.
Move to Australia and become a tiler.
1. Move to Australia
2. Take up one of many trades (tiling, concreting, wiring, plumbing)
3. Answer your phone. Respond to emails quickly
4. Show up when you say you will, quote when you say you will
Earlier quoted context omitted.
Sadly, 100K isn't that much these days if you have a family and you live in an expensive city like Toronto or New York.
Vancouver here. 100k is really only enough for a very middle class life.
Sidenote: the job market of Vancouver is much slower and lower paying than what's happening state side.
1) live in San Francisco and code for a few years. 2) there is no step 2. 2a) on St Patrick's day, despair that you've already paid more in rent this year than your father in Montana will pay all year.
Comparable salary in San Antonio, TX $58,363
If you move from San Francisco, CA to San Antonio, TX....
Groceries will cost: 24%less
Housing will cost: 66%less
Utilities will cost: 13%less
Transportation will cost: 11%less
Healthcare will cost: 15%less
Move to Australia and become a tiler.
Seriously.
Here's a FIFO[1] position paying 80K + 9% retirement, plus it provides accommodation while you are onsite: http://www.seek.com.au/Job/mine-chef/in/perth/19143356
[1]FIFO in this context means Fly In, Fly Out. They fly you to the site for a couple of weeks, then fly you back out for a week off.
Minecraft's Notch replied: http://www.reddit.com/r/AskReddit/comments/frw5l/redditors_e...
http://www.reddit.com/r/AskReddit/comments/frw5l/redditors_e...
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entrepreneur_taway:
I run a start up media company. I am 26. This year I've made over $100k. Here's how. ... TL;DR:
1) Work for yourself
2) Borrow [build a credit rating buffer]
3) Become an expert, but fake it in the mean time
4) Sell constantly
5) Hire labour
6) Fire bad apples
7) Look after key accounts
8) Charge properly, make profit
9) Be targetted in your sales/marketing
10) Expand
11) Keep control
12) It is a hard game
13) Give them no ammo
Additions:
14) Have principles
15) Decide fast
16) Read
17) Learn from mistakes
18) Flexibility
19) Embrace risk