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

Copyright © 2007 Ed Bagley

As someone who has 5,000+ high-end clients who are interested in jobs and careers, I paid attention Tuesday when
I came across a story about six-figure incomes by Laura Morsch of CareerBuilder.com.

According to Laura Morsch and the United States Bureau of Labor Statistics, “physician jobs dominate the list of the nation’s highest-paying positions, holding 9 of the top 10 most lucrative jobs.”

Morsch reminds us that there are other high-paying jobs in our economy.

“Although statistically more education means better pay,” says Morsch, “you can land a very high-paying job with just a bachelor’s degree and considerable work experience.”

She then goes on to list these 9 examples: Chief Executive at $140,000, Airline Pilot at $135,000, Dentist at $134,000, Lawyer at $111,000, Air Traffic Controller at $106,000, Engineering Manager at $105,000, Computer and Information Systems Manager at $102,000, Marketing Manager at $102,000 and Astronomer at $101,000.

I have clients making
six-figure incomes in all of Morsch’s examples, however, you need more than a bachelor’s degree to realistically become a Dentist, Lawyer or an Astronomer; therefore, they are not good examples.

I have a client making $350,000 a year with a high school diploma.
I have another client making $144,000 who is a high school graduate with two additional years of technical training. A third client is making $250,000 with a high school diploma only. All three of these examples are men.

Men can make excellent money with a high school diploma in a number of occupations.

Women can also make $100,000+ with a high school diploma, 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
six-figures-plus than
in any other job or occupation.

2) They work on a commision basis rather than having a salary. 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 one 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 nine 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 Morsch and 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 either 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. There are people who would gladly pay the above examples their listed wages when they could make $250,000 free and clear and not work.

Who needs status and aggravation when you have money?

The Greatest Explosion Can Only Occur When Opportunity Meets Preparedness

Copyright © 2008 Ed Bagley

There is probably not a day in America when at least a million employees wonder “When am I going to get promoted?” or “I am so upset that they promoted him and not me?”

On that very same day there are hundreds of managers or employers who, when confronted about offering a promotion would say, “If you want to get promoted, do something and I will promote you,” or, when confronted about a promotion they made would say, “You are simply not ready to be promoted.”

These workplace sentiments happen because employees tend to look only at opportunity, and employers tend to look only at preparedness. The reality of life is that the greatest explosion can only occur when opportunity meets preparedness.

The fact is, millions of employees would get promoted before their counterparts if they were better prepared before an opportunity occurred.

Imagine for a moment how fired up I would be if the Seattle Seahawks suddenly needed a middle linebacker after a serious injury to their All-Pro and 3-time Pro-Bowl Samoan Middle Linebacker Lofa Tatupu. Imagine that Mike Holmgren, the Seahawk coach who will retire after the season and wants desperately to get to and win another Super Bowl on his way out, calls for an open tryout nationally.

Hundreds of wannabe professional football players would show up for the tryout. All of them would have played high school or college football. Some would be very big. Some would be very fast. A very few would be able to take the pounding that you would receive fighting off 300-pound-plus nasty offensive linemen. Even less would be great open field tacklers. A scant 1 or 2 might be able to cover a tight end or slot receiver.

Exactly none of them would have all or enough of the skills to compete effectively in the National Football League or they would already be there. In short, they would not be prepared to take advantage of a great opportunity to succeed in the NFL.

This is an extreme example, but an example nonetheless, of how too often opportunity does not meet preparedness when offered.

So how does one get prepared to meet opportunity in the workplace? The obvious answer is acquire more education and/or training. If you do not have a college degree in an academic discipline, do whatever it takes to get one. If you do not have specialized or professional training in a certain task, get involved in a technical training course at a vocational school.

Make yourself more marketable to be hired at a higher level task, or to be promoted to a higher level task.

Believe it or not, as difficult as it may be for you to acquire more education or training, it will be far easier than accomplishing the second route to getting prepared to meet opportunity head on when it arrives. That will require personal growth.

Personal growth is 100 times more difficult to achieve than professional growth because it requires that you not only learn or become aware of new information, but forces you to willingly change your thought process and belief system. People CAN change but most choose not to.

You will rise higher faster by achieving more personal growth than professional growth.

If you do not believe me, that is your business, but you might want to ask yourself this question:

If it only takes professional growth to get on in life, why is it that there are so many people with college degrees, professional training, smarts and talent that are not promoted, and are also prejudiced, intolerant, judgmental, self-centered, self-absorbed and sometimes even nasty?

Online Hiring – Many Job Hunters Are Frustrated With the Continual Digitized ”Depersonalization” of the Hiring Process (Part 4 of a 4-Part Series)

Copyright © 2007 Ed Bagley

Many clients of
mine have filled out customized online forms tailor-made to help them only to find out later that they were receiving calls on their cell phones from telemarketers, and needing to get a bigger mailbox as suddenly they were inundated
with unwanted advertisements.

How did those advertisers get such pertinent information? Answer: the good fairy brought it to them while they were sleeping, in other words, they bought it from the source of the customized online information form.

Stafford continues her groundbreaking story with this piece of riveting information:

“John Sullivan, a management professor at San Francisco State University, says most interviews are as valuable as Ouija boards in measuring whether a person will be good on the job.

“Interviewers ask the wrong questions, and job candidates can lie, or simply not shine when on the job they’d do quite well, he (Sullivan) says—all the better for online assessments. Companies—especially those that hire thousands of workers and have high turnover—are turning to a range of computer-based filters to pare down candidates to a manageable number.”

I could not disagree more with what Sullivan has to say
as a management professor who is likely quoted as an expert.

It may well be that Sullivan himself does
not have the necessary skills and competence
to get anything out of a face-to-face interview with a potential hire
in his university department. That
would be his problem.

Stafford does end her story with this observation: “Many job hunters are frustrated with the digitized ‘depersonalization’ of the hiring process.” Amen.

Just when personnel types and those hiring should be asking
more questions of candidates in an increasingly complex world they are turning to forms for the answers. Good luck and God speed.

If potential candidates hope to represent my companies or me they had better be ready
to sit down, look me
in the eye, and sell themselves.

In most cases I am old enough to be their father. In many cases I am old enough to be their grandfather. My children call me a fossil, but I still read people so well one-on-one that I would not trust an online form to separate the wheat from the chaff.