If you’re reading this, you must be wondering what jobs make a lot of money. This is a time when the economic crisis is certain and upon us. Do you think you will be in a good position when the worst happens? Are you happy with the amount of money you make?
Only 19% of Americans are comfortable with the money they earn. And 60% said they’d need a raise of at least $6,000 a year to live comfortably. According to an article by Bankrate, nearly 4 in 10 Americans have a side job with an average income of $686 a month.60% of Americans state they need a raise of at least $6,000 a year to live comfortably. Click To Tweet
Millennials are more likely to work a side hustle compared to other generations. This could be because millennials are sick of waiting around for a raise. So, a faster way to pad your wallet is to get into the “Gig Economy”. Similarly, sales hustlers and business owners are always on the move, always trying to figure out what are the best opportunities for making money.
According to the National Small Business Association (NSBA), 2017 – more than one-third of small-business owners say they are confident about the future of their business. The national economy has increased by more than 50% in 2017 compared to 2016. Ok, great. Let’s say, you already have a job that’s giving you a lot of money and you’re one of the 19% of Americans that’s comfortable with how much money you earn. But for how long will you actually be comfortable? Are you using the money you earn and leveraging it well?
My point is, whether you have a job or you own a business, you will always need to find ways to improve and grow to get to the next level. Whatever you do, you will want to know what jobs make a lot of money. If you are on the job market, this question is crucial. If you are a business owner, then you want to know where the money is too.
What Is a Job That Makes A Lot Of Money?
So, how you define a lot of money or good money may vary. But you must agree that a job that could give you the freedom of flexibility and your desired income is in fact a good one. In this definition, your return on investment is ROTI – return on time invested. Your time is the money, and you better make sure you are well compensated for it.
So, if you do a bit of research you will confirm what you probably already heard somewhere – lawyers, doctors, and software development managers make a lot of money. They studied hard for years and usually took a very traditional approach to their career.
Now, if you’re reading this, you might be thinking – Thanks, like I didn’t know that. What if I do not have that kind of a degree? Well, I’m glad you asked. Stay with me and read on.
Now, let’s look at some jobs that make a lot of money – apart from the health and medicine industry.
Lawyers – While your income can vary depending on the type of law you practice, this profession generally pays well – it can be an exciting and noble goal. But you need deep pockets to achieve and be successful in the legal profession otherwise, you’ll be financially burdened with student loans and find yourself getting into huge debts.
This job involves the practical application of abstract legal theories and knowledge to solve specific individualized problems. Lawyers don’t only practice law, but they also have to close individuals to advance the interest to hire a lawyer to perform legal services. So if you decide to be a lawyer, you better be a good salesperson too. You will have to use your skills to get clients, as well as to win cases. When have you ever seen a good lawyer who couldn’t “sell you” on their version of the story?
This means that, even if you get a law degree, you need to learn a certain closing technique, so you can get clients.
Computer & Informations System Manager – This position oversees all the technological needs of a company – ensuring employees receive proper equipment and training. On top of that, they also oversee maintaining, installation of hardware and software, network security and other computer-related things.
If you wish to complete a computer science degree, you need a strong background in computer coding, written or oral communication skills, analytical thinking, problem-solving abilities, and organizational skills. But that’s not enough.
In order to be successful in this career, you need to possess some other skills too. Being proficient in basic computer knowledge is a great start, but not enough. If you really want to make it, you also need to learn how to present and sell your products and projects.
Advertising, Promotions and Marketing Manager – This career path coordinates advertising, promotion, sales, marketing strategy, market research, public relations, and product development. Usually, for small companies, those duties will fall on the chief executive officer or the business owner itself.
However, if it’s a larger firm with multiple products and services – an advertising manager will lead the firm’s advertising and promotional campaign. They work with sales staff and others to create campaigns.
So, no matter what degree you get to pursue these types of roles, make sure you buff up your marketing knowledge and sales skills. You will never make it to a high-level income in this industry if you are not top-level sales and marketing person – competition will eventually eat you.
Financial Manager – Every company, no matter big or small is in need of a solid financial plan. In order to remain profitable, a financial manager is responsible to oversee and manage finances. They produce financial reports, cash-flow statements, coordinate accounting, and profit projections.
As the industry becomes more automated, they spend less time producing financial reports and leaning towards time conducting data analysis, planning and strategizing and advising senior managers and top executives. At this point, the job really transitions into marketing and sales. What you see as a good plan, must be sold to the manager, otherwise, it’ll never see the light of the day.
Aerospace engineer – This career lets you design aircraft, spacecraft, satellites, and missiles. They test prototypes to make sure they’re fully functional and according to design. In addition to that, aerospace engineers develop new technologies for use in aviation, defense systems, and spacecraft.
This means that if you have an interest in this career, you must develop a strong entrepreneurship mindset. You could generate millions or maybe billions if you can think of a good solution to sell to a large company or to start your own eventually by creating a solution that provides value to the marketplace. Knowing how to present and pitch your projects would be the key skill to have here too. You will always work with a team, of course, but articulating your ideas well and leveraging your social connections to realize your own projects is the only thing that will get you to the next level.
But What If You Don’t have a degree?
Ok, let’s be real…
Even a college degree can’t guarantee you a high-income job. How many college graduates do you know who’re already burdened by debt and unable to find a job for years? On the other hand, if you have an entrepreneur mindset, you might be discouraged from starting your own business by parents and friends. It’s just too risky, right? Study hard, and go get a good high paying job, they all say.
So if you never had the courage to start a business and you don’t have a degree – what then?
I can tell you what most people do and what you might have done too. You first get out there and look for a job…then you get one job. Soon you realize that’s not enough and you get another. Then you realize that’s not enough, so you get another job. Of course, at first, you will search for jobs that make a lot of money that doesn’t require a degree. Then, you work multiple jobs to earn your desired income – just to pull through with the cost of living.
But what if there was another way? Let’s say you want to make $10,000 a month. I think it’s fair to say that this would be a good-paying job. So, how can you make this money if you’re not a doctor or a lawyer without working multiple jobs at a time?
Learn The Skills That Make You Money
What if you could have the skills that make you money? A high-income skill that will also generate the same amount of money to make you happy.Don’t chase money, chase skills. Click To Tweet
You see, an average salary for U.S Workers is $47,060 a year – 40-hour workweek. What if you could upgrade your skill to one of these high-income skills? These skills could mean way fewer hours and much more money. Still with me?
Here are some high-income skills that I’m talking about.
So how do you go about getting these skills? Maybe you’re not sure which skill and talent you have…Soft skills? Hard skills? How do you even know what a skill is? Well, you can start by thinking about your traits. Perhaps it would help you to take a look at a list of skills:
These are the traits that help you interact with people.
- Time management
These are the skills you’ve already learned in school – teachable skills
- Artificial Intelligence
- Analytical Reasoning
- UX Design
- People Management
Now, let’s be more precise. The skills listed above are what I call high-income skills. These skill sets will earn you an income of $10,000 or more each month. If you’re one of the Americans that are having an average income of $47,060 a year and reading this, I highly recommend you discover your which one of these you’re good at and pursue them aggressively.
Be An Entrepreneur
With the rise of the current economy. Many small-business owners are confident about their future in business. As mentioned earlier, you can fulfill your dreams to have unlimited earning potential as an entrepreneur. In order to uncover your potential, you need to be prepared for the shift in mindset and the change of lifestyle.
Although it’s a growing economy for entrepreneurship. You must understand, most entrepreneurs trade a 40-hour week job for 70 to 80-hour workweek. And about 30 percent of small businesses fail in the first year of business.
The number one quality of a successful entrepreneur is the ability to endure pain for a long period of time – Dan Lok
As I said, there are countless factors to be taken into account. You don’t want to step into a hamster’s wheel and struggle to get out of it. Tread carefully if you chose this path. Those who succeed as entrepreneurs share similar traits: resourcefulness to acquire different skills and leveraging business opportunities to generate revenue and cash flow.
Lowest earn: $0 (No profit after paying expenses)
Highest earn: billionaire status (Bill Gates, Michael Bloomberg, Warren Buffett)
Be A Copywriter
There’s no need to reinvent the wheel. Great copywriters have existed decades ago and they are still in incredibly high demand.
Imagine if, with your written words, you can inspire and move people to take action? Using your written words to grip the attention of thousands? By creating stories, educational handbooks, and speeches that inspire the world and more importantly, change the lives of countless people, you could be making very high income.
It’s a wide range when it comes to writing, there’s copywriting for advertising, presentations, direct copy for marketing and advertising, and newsletters to social media posts. You could write books, scripts, articles for magazines, a blog for a company and ghostwriting (writing for someone else).
Whether you’re self-employed or employed, your topic, work volume, and income will have a wide range – depending on the type of writing that you do and your preference.
- Bottom 10%: $31,700
- Median Income: $62,170
- Top 10%: $121,670
Writers, Business Writers, Authors:
- Bottom 10%: $25,400
- Median Income: $56,200
- Top 10%: $97,700
- Bottom 10%: $35,500
- Median Income: $58,000
- Top 10%: $91,700
Web Design and Digital Marketing
Web designers and digital marketers are important in our world today. Imagine if you wanted to search for certain information on the internet, you access to Google and discover nothing. You try to access to your Facebook and Snapchat or Twitter…. they no longer exist. As it is today, in this 21st century, we expect to get information from online search – about businesses, movies, online shopping or even food delivery.
The platform makes money from digital advertising. As a web designer, they create stunning and functional websites. And in today’s modern world of business, that’s an important role.
- 3-5 years of experience: $100,000+
- 6-10 years of experience: $100,000 – $150,000
- 11-15 years of experience: $150,000+
Teaching, Training or Coaching
Do you have the passion and an area of expertise that you would like to teach people about? Sharing your knowledge and transferring your skills to another person may sound easy but do you have the patience to help others learn something new? In order to teach students well – it takes a special kind of talent. You must have the ability to transfer skills and knowledge effectively through mentoring, coaching or training.
In order to teach students well and produce results, you need to have excellent communication. So, are you an excellent communicator and listener?
There are many ways you can share your skills and knowledge. It’s also possible to reach a large audience. For example, you can:
- Publish tutorial videos on YouTube to teach people about “Do-It-Yourself” repairs, handicrafts, hairstyling, recondition of a car, and many more.
- Publish “how-to” cook a certain dish with your family recipe or teach music at a community center.
- Train clients at a gym or a studio, yoga, dance or other hands-on skills.
- Mentor or coach individuals with their personal and professional lives.
I personally have educated other entrepreneurs on business topics, and individuals with their personal and professional lives through my YouTube videos – in addition to workshops and platform speaking events. Once you’ve mastered this special kind of skill, you can for sure make a six-figure income, if you have a good class and share value with our students.
Business Coaches: Average of $70,400 (ranging from $37,000 to $104,000)
Life Coaches: Global average is $51,000 (North American is $61,900 and ranging from $27,019 – $210,933)
Sales, Closing, Deal Making
Having the ability to sell is the utmost important skill in life. If you can’t convince a potential client to do business with you or employer to hire you, you will not have a successful career.
Your negotiation and communication skills can bring in revenue for a business or change a person’s life. I’m not just talking about selling someone a car or a vacation package. You can impact someone’s life if you can convince someone to invest in a course that will teach them a new skill. You’re guiding them into taking action to be a better version of themselves. But that’s just one way to go about it.
The thing is, sales skills are needed in all industries to generate sales and close deals. On top of that, you need them in your day to day life for better communication with your family, friends, and workplace.
If you’re looking to make a six-figure income in sales, finding the right mentorship is crucial. I have mentored thousands of students worldwide to become high ticket closers – with products and services that offer from $2,500 to millions of dollars.
- Insurance agents earned $48,200 a year on average; the tops 10% earned more than $122,590
- Real Estate agents earned $56,850 a year on average; the top 10% earned more than $166,940
- Medical device sales representative makes $147,857 a year on average; with a base salary of $87,916 on average
The Increase Of Cost Of Living Today
Forbes reported that the cost of living in Colorado Springs. CO has increased from $49,415 to $67,011 (2017-2018). The income required to cover these expenses has increased by 35%. Now that’s incredibly horrific, isn’t it? How could you increase your income so that you can afford your goals and live comfortably despite these skyrocketing prices and costs of living?
a new or a better job might be a solution. But there is a limited number of jobs out there and the competition is steep. But you know what could solve your problem? yes – you guessed it. A high-income skill.
Don’t Look For a High Paying Job, Look For a High Paying SkillMaster ONE SKILL from the RIGHT Mentor. Click To Tweet
A high-income job requires a bachelor’s degree or doctorate certification. The freelance economy is rapidly growing, and more and more people are leaning towards staking their skills to generate more money. When the economy sinks, many people will lose their jobs. But those with the right skills have nothing to fear.
To master one skill from the right mentor is crucial.
If you want to know how to unlock your skills and talent. You might find this book valuable to accomplish your goals. It has featured in ForbesBooks author and it’s a goldmine for entrepreneurs, CEOs, educators and anyone looking to gain financial independence.
Whether you’re going through a career transition, or feeling caged committing to a daily 9 to 5 job – trying to get that promotion or becoming a freelancer. Unlock It will have something for you to launch your entrepreneurial ideas into a business and turn your success into something meaningful for many.
Here’s what you’ll get out of the book
- Discover wealth triangle dynamics
- Uncover your high-income skill
- Find out if you have what it takes to finally fire your boss
- Target the best way to scale your business idea
- Master high-ROI investment strategies
- Learn how to achieve the highest level of wealth, success and significance
- Become financially independent
Get your copy today! Remember, time is equal to wealth