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Want a Six-Figure Income Without Getting a College Degree of Any Kind? Here Is How

Copyright © 2021
by Ed Bagley

As someone who has acquired 6,100+ high-end clients who are interested in jobs and careers, I paid attention when I read a story about six-figure incomes based on information from the Unites States Bureau of Labor Statistics indicating that physician jobs dominate the list of the nation’s highest-paying positions, holding the Top 10 most lucrative jobs that are “equal to or greater than $208,000 in annual income”.

They include psychiatrists, oral or maxillofacial surgeons, obstetricians and gynecologists, general internal medicine physicians, surgeons, anesthesiologists, prosthodontists, orthodontists, physicians and ophthalmologists, and family medicine physicians.

Next in line were chief executives, nurse anesthetists, and dentists at $183,000 in annual income.

The Bureau of Labor Statistics is interested in keeping these kind of salary statistics for demographic and political purposes (political districts gain more representation in the U. S. Congress when the population increases).

It is a funny thing about statistics: politicians and propagandists can easily use statistics to prove a point they want to make, but seldom does it represent the complete story about what really happened or what it really represents. There is generally a backstory that is too often unseen and unknown to the reader or observer, which, when given the light of day, can offer a totally different impression.

For example, it is easy to show statistically that a person with a bachelor’s degree will generally earn more income over their adult working life than a person with only a high school degree or no specific professional training that would lead to a license or certification in an occupation or industry that could generate more annual income.

Seldom are we told about any exceptions to the statistics given. Most workers would be ecstatic to earn $183,000 in annual income with a full benefit package worth $45,000 that would give them a total compensation package of $228,000, or more than a quarter million dollars.

My clients generally are professionals (that is, there are a pro at what they do, whatever that may be), generally earn $60,000 to $140,000 in annual income, and are either in management or supervision or want to be.

As a creator of high-end professional resume products, about 30% of my clients do not have an associate degree or no degree at all, and the income of some clients with no degree may attract your attention.

For instance, during 35+ years as a high-end resume writer,
I have a client with no high school degree and not even a GED equivalent that is generating $500,000+ in annual income.

I have three of them, and another generating $650,000 in annual income and another generating $700,000 in income, all of whom have no high school degree and no GED equivalent. I ask my prospective clients, what occupation or industry do you think they are in?

Their responses generally include IT (information technology because it can pay well in our economy), licensed or certified positions (attorney, accountant or educator, for example), or self-employed. All of these are good answers, but they are all wrong. Only 1 out of 100 clients ever gets it right.

All my clients without a high school degree or GED equivalent that earn higher annual incomes ($100,000 to $500,00 to $700,00 and more) are in sales, not as salaried employees but working on a commission basis, being paid a commission percentage on the amount of income they produce for a company or organization.

As you continue to walk down the work road of life, understand that sales is the second highest paid profession on planet Earth. It is probable that only 5% or less of the adult working population is involved in direct sales, that is because 97% (perhaps an exaggeration) of people would not be caught dead selling.

Most people would never be in sales because they can’t stand rejection, they view rejection as failure, or they think too many salespeople are not honest or are in it for their own gain, rather than serving the needs of the buyer or the general public.

That is why people in sales, especially people who are good at selling, make a lot more money than managers, supervisors or worker bees. We live in a capitalist system that rewards salespeople for producing income for companies or organizations, this is a merit system that rewards production; this system is made for workers who have ambition, work hard and improve their employability by acquiring degrees, licenses or certifications so their skills and experience become more lucrative.

Men can make excellent money ($100,000) with only a high school degree in an number of occupations.

Women can also make excellent money with only a high school degree, but they tend to do it generally in three ways:

1) They own their own business, usually a small business that is very profitable. Some research organizations report that there are more small business owners making $100,000+ than in any other job or occupation.

2) They work in commissioned sales rather than salaried sales. A sharp woman can many times outsell a man because of the dynamics between the sexes. A sharp woman calling on a male client many times gets more time and attention than a male calling on the same client.

3) They work in a financially-related position, such as a stockbroker, mortgage banker, mortgage broker, loan officer or chief financial officer.

Here is some information you can use if you are a high school graduate and have zero interest in getting a bachelor’s degree at this point in your work career: go into sales if you have any people skills or personality.

Sales is the second highest paid profession in the world, and it does not usually require a college degree. There are some corporate sales jobs that do require a degree, but there are many more opportunities available if you can generate sales production.

There is not a single business in America that cannot benefit from more sales, and almost every business will pay for sales production.

Here is some even better news: If you are selling and producing big time and the owner or company is too cheap to compensate you at the level you should be compensated at ($100,000+++), dump the owner or company and sell for someone else.

A far better idea would be to start your own business, go into competition directly against the cheap owner or company that would not pay you, and wipe them off the map.

There really is no reason you should be working for someone else anyway. Working in your own business can be an outstanding deal. You call your own shots. You will not fire yourself, lay yourself off, or deny yourself promotions, fat bonuses for production, outstanding benefit packages, and a lot of time off to enjoy your money and family.

The 9 examples listed above have 7 positions that amount to no more than hired help, that includes the Chief Executive position. Only the Dentist and Lawyer positions might be either self-employed or hired help.

All nine examples cited by the Bureau of Labor Statistics have more stress than anyone needs and are labor intensive. Even the Dentist and Lawyer positions, which might be self-employed, require them to report to work or not get paid. If a Mac truck runs over them, their income stops in a heartbeat.

Has anyone ever heard of income-producing investments when these job opportunities come up? Income producing assets allow you to take possession of your own time while your investment throws off the income to fund your lifestyle without working a job.

It might be fancy to have any of those nine jobs with status and making $100,000 a year. Some people would rather make $250,000 a year and not have a job, have a boss, and deal with the stress.

Here is a rare career path: Own the business, company or organization and hire the six-figure people in the examples above to work for you. When they generate $1 million in annual company income to be paid $100,000 in compensation, there are owners who would gladly pay the above examples of their $100,000 wage when you the owner could make $250,000 free and clear and essentially not work.

Who needs status and aggravation when you have money?

Career Fairs and Jobs

Unfortunately, Career Fairs Best Serve Everyone But the Intended Jobless

(Ed’s Note:  Remember that this article was written 12 years ago. Real truth has a way of standing the test of time.)

Copyright © 2006 Ed Bagley

Reading my Sunday newspaper recently reminded me of how Career Fairs do little to substantially increase local employment. It seems that no one is willing to say this, and a lot fewer are even willing to believe it, but I know it to be all but a fact.

After spending 20+ years in the news business, and another 32+ years as a personal marketing specialist helping potential hires by writing upscale resumes, I can relate my experience with authority.

You might think that after helping 6,000+ clients get on with moving on and moving up in their careers that I could produce at least one client who has benefited from attending a Career Fair. I can not. This is why I caution any client who gets all excited and goosey about attending Career Fairs. I do not want their disappointment to affect my marketing plan to help them achieve their goals.

In revealing this apparent incongruity for the first time publicly, it is important to note that I am in the high end of the resume writing business. Virtually 97% of my 6,000+ clients during my 32-plus-year career are executives, professionals and managers earning between $60,000 and $500,000 annually who are already in management, want to be in management, or in sales and/or marketing.

Career fairs are all about first jobs and entry-level career jobs that do not pay all that well, so they do little for folks who have already been in the marketplace, enjoyed some success, and want to keep moving up the corporate ladder, or any other ladder of their choice.

This makes a lot of sense when you examine who is involved in putting on Career Fairs, and what they expect to get for their investment. I am not talking about the potential hires, or anyone looking for a job, or a better opportunity.

I am talking about businesses and organizations, large facility managers, and big advertising media, usually the dominant daily newspaper in the community. Nothing meets their profit needs, their publicity needs, and their public service needs like Career Fairs. It has become almost a rite of passage for these special interest groups in our society.

Let us start with businesses and organizations. Should you stroll down to a Career Fair in your community, and talk to a business representative at a snappy booth display, you will quickly pick up on the fact that the well dressed person is not the person you were expecting.

You knew going there that if Microsoft was a participant Bill Gates would probably not be there, but you secretly hoped he would. Later you came to realize that the person a major corporation sends to represent them at these Career Fairs is usually the most expendable person available.

This is why they smile a lot, take your resume (sometimes they do not), and tell you very little about what the company is really doing. Major companies that are cooking the books (using unacceptable accounting practices to inflate revenue and profits in order to increase stock prices so executives suck money out faster), and in worse shape than they want their stockholders and the public to know, would be at a Career Fair putting on their best face.

Just being at a Career Fair is good business for businesses and organizations because it gives the impression that those involved are key players in building the community, increasing employment, and acting like a good corporate citizen.

If you think large facility managers do not like Career Fairs you would be sadly mistaken. The same managers who hosted last week’s rock concert du jour are more than happy to move the rockers out and the new vendors in.

Facility managers do not give the space away as a public service, and they do take care of the “job” exhibitors. Whether any potential candidate attending the Career Fair ultimately gets hired is none of their business.

Newspapers and related media (usually radio which needs public service announcements to stay licensed) love Career Fairs. The Internet has been gaining the advertising and profits that newspapers have been losing. Newspapers have been forced to create web sites and compete on the Internet whether they want to or not.

Career Fairs give newspapers extra ads and profit regardless of the economy. Newspapers generally run a special section advertising the Career Fair as it gives paying advertisers and the event itself more exposure and prominence. Newspapers also feel a need to serve the community that supports them, whether people get hired at these Career Fairs or not.

You are seeing more and more and more Career Fairs (or Job Fairs) because it is good business for three very big special interest groups who may be more like a three-legged stood than a helping hand. You could hold Career Fairs for the unemployed every other week in Flint, Michigan and it still would not affect their depressed economy; I suspect that the same is true in many other communities across the country.

When your government tells you employment is on the rise, public officials are counting on the fact that when an unemployed person’s compensation benefits run out, they drop off of the rolls and remain unaccounted for even though they are still unemployed.

The salient point here is this: It is likely that when people benefit from these Career Fairs it is more by accident than design; the unemployed in our economy are the true story worth telling.

Here’s Just One
Happy Client:

Susan found out what excellent presentation can do

From Susan:
“When I first walked into your office I was scared and apprehensive.
I knew I had to make a career change, but didn’t know how. I also thought all resume services were the same and expensive. After meeting with you, seeing your work and meeting with other career services,
I decided you were the best for the best price.

“The response I received to your well-prepared resume was literally overwhelming. I had responses from practically every company I sent a resume to. I had one woman call and say, ‘Although you’re not really qualified for this position, I wanted to meet with you because your resume is so impressive’. I decided not to meet with her because, after hearing more about the position, I didn’t want it. I ended up taking a position with a pharmaceutical company, something
I’ve wanted to do since graduating from college.

“Not only was I able to change careers but
I also did not have to take less salary or perks. This leads me to conclude that my resume was written expertly to open doors and show how my previous experience could cross over to another career. Lastly, Ed is an understanding and compassionate man who helped me define my goals. The extras above and beyond the resume helped immensely, and
I am looking forward to the partnership I can expect in managing my career choices! Thanks again.”

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