What would you do if you earned $100,000 or more per year? Well, you could fund an early retirement, take time off work to travel, remodel your home, or save money and start your own business.
If you feel like $100,000 is a number that will always be out of your reach you’re probably wrong. There are many ways you can climb into a career that pays you $100,000 or more per year. You just need the right outlook, that is.
Let’s take a look at some of the ways you can earn $100,000 or more per year.
Choose the Right Profession
You’d be surprised at the number of high paying jobs out there that don’t even require a college degree. But what are those occupations that are bringing employees $100,000 or more?
Here are a few high paying professions. Some require a college degree and others do not.
- Dentist
- Real Estate Broker
- Air Traffic Controller
- Orthodontist
- Podiatrist
- Court Reporter
You’d be surprised by the variety of high paying jobs. Do a little research. There’s sure to be a great paying job out there waiting for you.
Start a Small Business
There are a number of small businesses that you can start for less than a $100. Many of these have the potential to bring you in a hefty profit once the initial sweat equity is put into the business.
Here are some of the most profitable small businesses out there:
- Bookkeeping/Accounting
- Consignment Shops
- Mobile App Developer
- Handyman Services
- Home Healthcare
As I was researching which small businesses banked the most I noticed one common theme: all of these businesses fulfill a need.
According to https://www.agencyspotter.com/top/digital-marketing-agencies, most people and businesses need help with their taxes. In today’s economy everyone wants to save money on clothes and household necessities. Home healthcare is inevitable for some. And, at some point or another most people searching for a handyman near me to fix those leaky faucets and holes in the wall.
Find a need and fulfill it. That’s the key to a successful small business.
Start a Freelance Career
The wonderful thing about being a freelancer isn’t limited to the fact that you choose your own hours. You also find your own clients and set your own rates. That means with perseverance, hard work, and of course, the necessary skills, you can easily net more than $100,000 a year freelancing.
Wondering what type of freelance careers have the ability to bring in the big bucks? Here are a few:
- Writing/Editing
- Web Design
- Coaching
- Consulting
As a freelancer you won’t be limited to only offering one service. You’re the boss. You get to discover what’s most profitable for you. Find the sweet spot then rinse and repeat until you hit your desired income level.
Ready to Increase Your Earning Power?
There are a number of ways you can make it to that $100,000 mark. The important thing is that you possess the drive and ambition needed to get you there. Start small and work your way up until you land it big. Take calculated and cautious risks that lead you in the right direction.
If you’re ready to earn big make a plan and follow through. You’re the only one standing in your way.
The proof is in the pudding with this comment: “If you’re ready to earn big make a plan and follow through. You’re the only one standing in your way.”
Couldn’t be more on the spot with each of us standing in our own way. No one can make you work harder and strive to be more. Something has to come from within in order for that kind of income and progress in our financial lives. Personally I’m a fan of the starting your own business/buying an existing one, supplementing with some disciplined investing to supplement your income.