How to Make Six Figures, Each and Every Year

January 24, 2024

If you read this, statistically you are not making a six figure income. We would all like to get make a lot of money so that we can be financially independent, but not all of us are willing to do what it takes together there. You can’t just take an application down to a major corporation and expect six figures; you have to do some work to get there. If you’re up for the challenge, here’s how you can earn at least $100,000 each year.

The first thing you need to do is choose the right profession. Some jobs are just a lot better paying than others. You won’t make six figures being a janitor. This statement is pretty obvious, yet so many people ignore this information and get that psychology major anyway. This does certainly not mean you should try to be an actor, because Tom Cruise makes millions of dollars for each movie he’s in. You should choose a career, such as finance, medicine, law, or higher education that anyone can do very well with if they work extremely hard at it. Before even considering an education, you need to figure out what you want to do, and find a niche in that industry that will pay very well.

The second thing you need to do is become the right person for the right profession. Yes, this means getting an education, whether it be self taught or through some sort of post-secondary education. Look at all of the different advertisements for the positions that you want to be, and see what they require. This will tell you exactly what you need to learn and become experienced in. Study on a part-time basis if you can’t fully commit yourself to a new education. Even if you pick out the right job, chances are you won’t make six-figures right away. Doctors have to be interns and residents before they can be part of a private practice. This is the step that requires the largest time commitment, and where many people seem to fail. If you can manage to hold out for long enough, you’ll get all of the education that you need.
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What are the Qualties of a Visionary?

January 19, 2024

Visionary
By Ross Bonander

In 1899, the commissioner of the U.S. Patent Office wrote a letter to President McKinley urging him to abolish his office, noting that “everything that can be invented has been invented.” Lacking an imagination, this man’s vision was to shut down the state-sponsored hunt for innovation and new ideas. Contrary to this, a true visionary sees in ways others can’t or don’t, for whatever reason. Furthermore, visionaries across all disciplines share certain qualities, and while nothing they’ve done can be mimicked without corrupting their ideals, they stand today to inspire the rest of us to follow — not fear or reject — the direction of our own calling.

_________________visionary qualities

Conviction

Any man can disagree, but true dissent requires a rare conviction, especially when one’s thoughts or opinions face a roar of opposing voices.

In post-World War II Japan, Soichiro Honda defied a corporate culture that claimed “Japanese companies succeed as one.” He believed that Japanese corporations could benefit from the so-called American business phenomenon, which included a focus on individual achievement. He founded Honda Motor Company and put this into practice, even though he had to face disrespect and scorn from business circles and bureaucrats who tried to block Honda’s growth.

Dov Charney, founder of American Apparel, refused to believe that U.S.-based apparel manufacturers could only make money if they had their garments made in Third World countries. But he also knew that if he were to succeed, he’d have to change the way factory workers were treated. He accomplished this through highly competitive wages, paid vacations, health insurance extended to families, free English classes, direct paycheck deposits to save on check-cashing fees, and five certified massage therapists working exclusively with factory workers. The result? 2005 sales in excess of $250 million.
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Do You Have What it Takes to be a Great Leader?

January 18, 2024

life hacksA top executive coach says that leaders are made as well as born, and that leadership can be learned. The first step: Have a clear (don’t yawn!) vision.
By Anne Fisher

We often hear someone described as a “born leader,” but what if you didn’t happen to arrive on the planet with the skills it takes to rise to greatness? “Some leaders are born, others are made,” says Karlin Sloan, who has coached executives at Allstate, Eli Lilly, Citigroup, JP Morgan Chase, Pepsico, and many other companies.

Sloan’s new book, Smarter, Faster, Better: Strategies for Effective, Enduring, and Fulfilled Leadership (Jossey-Bass, $24.95) is a thought-provoking handbook for anyone who wants to kick a management career up a notch to the leadership level. Some excerpts from our recent conversation:

Quiz: Are you a good leader?

Q. What’s the difference between managing and leading?

A. Management is certainly part of leadership. But leadership requires that you create a strategy, a vision, and then exemplify it.

Q. So many companies have “vision statements” with little bearing on day-to-day reality. Haven’t people gotten cynical about the whole vision thing?

A. Definitely! But when I say “vision,” I mean the ability to talk about the future as if it were already here. Steve Jobs often does this. He creates a clear picture in people’s minds of how a new product will change the world — before it’s even launched. He gets people excited about the future he sees in his mind. That’s an innate talent. Stepping out on a limb like that comes much more naturally to some people than to others. But if you haven’t got that skill, you can develop it. It’s not so much about your own technical expertise as it is about inspiring other people to be better at what they do.

Q. Let’s say I want to be CEO of Time Warner 15 or 20 years from now. What’s the most important thing I have to start doing today?

A. There are really three things. First, get to work on Read more

How Do You Spend That Hour Before Work? It Could Mean Millions

January 9, 2024

life hacksBy Michael Masterson

Jack and Jill live in the same apartment building and work in the same office. They both wake up at 7:00 a.m., shower, have breakfast, and get to work by 8:00 a.m. It is at this point that their habits diverge.

From 8:00 until 9:00 (when the rest of the workers come into the office), Jill plans her day and gets to work on a job that is important to her long-term goals. Jack likes to get into work an hour earlier too, but he prefers to spend the time “relaxing into his day” with a cup of coffee and the morning newspaper.

Jack sees Jill working away and feels sorry for her. “We both get credit for getting into work early,” he thinks, “but she has exchanged happiness for money.” In his opinion, that makes Jill greedy, foolish, and, ultimately, self-centered.

David Niven, a college professor and author of the book The 100 Simple Secrets of Successful People would half agree. “Yes, Jill is acting out of self-interest,” he’d say, “but so is Jack.” Both of them choose to do what they do with their spare time because they believe they benefit from it.

Jack doesn’t like work. Thus, he doesn’t want to work any more than he has to. But since he has to work from 9 to 5, he figures he might as well do a good job during that time. And he does.

Jill does like to work. And although she doesn’t enjoy every single aspect of it, she especially enjoys the hour between 8:00 a.m. and 9:00 a.m. That’s when she plans her day, figures out what she can accomplish, and gets some work done on a project that she knows will change her life for the better.
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