I suspect in most fields even moderately succesful entrepreneurship could drive one to his 1st million pretty fast. If you're talking of employees, where I live (and afaik) only guys in finance make decent coin. Sales people on commission could make very good money in several fields as well, real estate springs to mind and doesn't require much formal education.
How did you grow your account into a big one?
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I suspect in most fields even moderately succesful entrepreneurship could drive one to his 1st million pretty fast. If you're talking of employees, where I live (and afaik) only guys in finance make decent coin. Sales people on commission could make very good money in several fields as well, real estate springs to mind and doesn't require much formal education.
Here's a partial list of the industries of people I know personally who have 7 figure income:
Google exec
employed software developer at HFT
cement company owner
roofing company owner
con man
real estate broker
bank owner
real estate property owner
dermatologist
author
endodontist
painter (fine art)
venture capitalist
logistics
wooden pallet manufacturer
paper cup manufacturer
chemistry bench manufacturer
sales consultant
lawyer
accounting partner
trader
hedge fund owner
software entrepreneur
wine distributor
MBS trader
geologist - specialty in finding gold deposits
datacenter designer
medical device manufacturer
Green Day band members
video wall specialist
'lost' property recovery from survey errors
The range of industries is pretty diverse.
About 30% of them never went to college.
If you don't know 5 people outside finance with 7 figure income (and don't live in North Dakota) I suggest you have not talked to enough 'girls'.
How hard is it to meet a successful conman?
Google exec
employed software developer at HFT
cement company owner
roofing company owner
con man
real estate broker
bank owner
real estate property owner
dermatologist
author
endodontist
painter (fine art)
venture capitalist
logistics
wooden pallet manufacturer
paper cup manufacturer
chemistry bench manufacturer
sales consultant
lawyer
accounting partner
trader
hedge fund owner
software entrepreneur
wine distributor
MBS trader
geologist - specialty in finding gold deposits
datacenter designer
medical device manufacturer
Green Day band members
video wall specialist
'lost' property recovery from survey errors
The range of industries is pretty diverse.
About 30% of them never went to college.
If you don't know 5 people outside finance with 7 figure income (and don't live in North Dakota) I suggest you have not talked to enough 'girls'.
How hard is it to meet a successful conman?
indeed, many extanuating circumstances. entrepreneurship is quite risky if you dont have middle class parents, or dont have intelligence, all factors outside your control.
also getting a girl is more complicated than numbers game. well it could work, but only if the extanuating circumstances are right.
I agree there. If you are not intelligent there are a lot fewer options. And, as I mentioned before, most people overestimate their intelligence. Hard work and personality can be a substitute in some industries. But if you are both not intelligent AND lazy I'd suggest government employment or join a rock band entourage.
i have met a few in my day. they are right up there with the best of your list in income and cunning. of course to earn in any endeavor your ethics gets tested and loses sometimes..but con men take it to a much "lower level".
To get that kind of growth you usually need to reinvest profits in order to compound value. The hardest part here is not to get "gun shy" about continually re-investing (and risking) accumulated profits.
I like your idea though. One of my sayings is that it is easier to get rich trading than it is to make your "living" from trading. I am not a big fan of "making a living" from trading unless one has a customer business or works for a firm.
I like your idea though. One of my sayings is that it is easier to get rich trading than it is to make your "living" from trading. I am not a big fan of "making a living" from trading unless one has a customer business or works for a firm.
Oldtime,
I like your basic idea but don't think it is or should be a matter of swinging for the fences vs. being disciplined. One can be journeyman-like in terms of discipline and routine even if seeking to compound value rather than "pay the rent". In fact, if you are to succeed do to something other than luck, it is critical.
I like your basic idea but don't think it is or should be a matter of swinging for the fences vs. being disciplined. One can be journeyman-like in terms of discipline and routine even if seeking to compound value rather than "pay the rent". In fact, if you are to succeed do to something other than luck, it is critical.