Can your job make you rich
Jobs that really make you rich
Today I will show you how you can get rich and not only have more money, but also more time and freedom.
You have to make your income through a scalable activity regardless of your time.
Today you will find out how I managed to earn thousands of euros every month and how you can do it, no matter where you are now.
I'm going to show you how a simple hot dog seller is guaranteed to make more money than most doctors, pilots, or lawyers.
I wrote the first version of this article over 5 years ago and in the meantime I have managed to be financially free and to build up a passive income. I was a dreamer then, today I did just thatbecause I've done something most don't:
I started and have never given up until today.
I wish you start today and never give up. If you have any questions, please feel free to contact us. But go ahead and never give up ok? If you are not ready for this, you do not need to read any further ... then continue living as before and forget about getting rich. If you don't have the attention span to read 10 minutes at a time, this page and online business is not for you. (Have fun on YouTube: D)
If you work “normally” all your life, whether as a craftsman, salesman, taxi driver, doctor or hairdresser, what is your perspective? What do you think will become of you in the next few years of your work? Do you have enough time for yourself, your friends and your family? Do you lead life the way you imagine it? Who will get rich? You? Or your boss?
If at some point you want to be one of those people who are no longer worry about money and don't have to spend most of their life working. Then read this article to the end.
Money is not everything in life, but: I never had money before and learned a very important thing from it:
When we don't have money, it plays too big a role in life.
Having financial freedom and enough money takes away so many worries and simplifies so many things in life.
The great thing is, it's easier than ever to really make a lot of money these days.
Thanks to the internet, each of us, regardless of age, school leaving certificate, origin, skin color, gender or start-up capital and previous knowledge, can earn money on the side within a very short time or, for example, build a really big online business with which getting rich works.
The two types of jobs
If you really want to get rich on your own, then today I am going to introduce you to two basic types of jobs, which is extremely important to distinguish between them.
That means scalable and non-scalable jobs. For the first time I read about the idea of the scalability of jobs in the great book “The Black Swan” by Nassim Nicholas Taleb.
The basic idea is this:
There are basically two types of jobs: the non-scalable and the scalable.
Non-scalable jobs include professions such as:
- Taxi driver.
All these professions have in common that their pay depends on the number of hours worked.
The income of such a profession always depends on how many hours you work for your money and is of course also limited.
A doctor can only treat a certain number of patients a day, the mechanic can only repair a certain number of cars. Even if the doctor will usually earn more than the taxi driver, both have relatively predictable incomes and neither usually get “really rich”.
With non-scalable jobs, you always trade time for money and you will usually have a hard time making a lot of money.
(The "really rich" is not to be taken literally, since "being rich" is a subjective feeling and true wealth is much more than just the financial aspect considered here.)
Saving lives, making the world a better place, or simply doing something good for other people and making them happy by reliably driving them from A to B or repairing their car can make them just as happy, fulfilling and “rich”. All of these professions also have other, at least as important, aspects that we will not go into here. Today it's all about the money.
So which jobs bring big money, how do I get rich now?
Short and concise answer: It's the scalable jobs.
What people who do scalable jobs have in common is that their income is no longer directly related to the time they work for them.
With scalable jobs, you no longer exchange your time directly for money. So you can theoretically earn an unlimited amount of money.
Examples of this are e.g. authors, musicians, traders and many others.
Writing a book (you can learn to write a book here) is a one-time effort. Regardless of how long you work on your work, your earnings only depend on the sales figures.
You earn more money with every book sold, without increasing your effort.
Note: Writing a book sounds unrealistic to you? It sounded to me too ... bad German grades and no experience. Still, I've written a few bestselling books: My Secret? I found a topic that really interests me. A topic that I know very well and that I love to deal with. Then the rest came by itself. Sounds good doesn't it? You can choose any topic that interests you and even earn money with it ...
The same thing when trading shares as a trader: The effort to buy a share, to carry out market and chart analyzes or to evaluate fundamental data is just as high as the effort to buy 10,000 shares. (Here you can learn for free how to become a trader in 5 easy steps)
Trading stocks is therefore also scalable. Anyone interested in stocks and the stock market will find a beginner-friendly introduction to the topic in the book “Daytrading for Beginners”. A complete video course that shows step by step how you can start as a beginner on the stock market with little starting capital can be found on daytradingkurs.de.
Off topic notice: There are also easier ways to earn money on the stock exchange, e.g. through so-called social trading, where you simply copy the stock exchange strategies of others. But is not the topic today ...
Because there is also a business model that is much simpler that anyone can implement without risk: digital information products.
Also listen to my current podcast episode on the subject, in which I explain the business model for beginners:
In a digital information product, I help other people to solve their problems with my specialist knowledge and I get paid for it.
This is a brilliant business model because there will always be problems. In addition, the effort to create such an information product is relatively low.
If this is of interest to you, you can find out more about the topic here and download my book for free, which will show you how to find a good idea for an information product.
The fact is: such products, books or information products, are scalable. You have a one-time effort and can earn as much as you want. Exactly what we want to achieve.
There are different ways to scale, e.g. via the product, that's how I do it because I mostly work alone, but celebrities / influencers scale via the number of their fans and their own popularity, an entrepreneur scales via his employees, etc. This achieves this Individuals, a much higher income than anyone with a “normal salaried job” can ever achieve.
If you want to get rich, build a scalable income.
Before you start building your scalable income or creating an info product, a little warning about the risks.
The risk of such scalable jobs is that you won't earn anything.
The risks and benefits of scalable jobs
The fact that no more people do scalable jobs is related to the risks and challenges.
If it was that easy, everyone would do it.
The first step to success is to always act, to take the first step at all. It doesn't matter how far you are from your goal at the moment!
And failure is often part of it. Most of the participants will unfortunately never achieve their dream, but those who never give up, overcome setbacks and continue to fight for their dream will eventually achieve their goal.
Even if the probability is only 1% that it will work, then you just try 100 times ... or 200 times to be absolutely sure.
The only thing that stands between you and your success is yourself!
One problem with scalable jobs is the shift in our perception.
Those who make it are much more visible than those who fail.
The media around the world report on the unemployed welfare recipient J.K. Rowling, who has now made a fortune in the millions with her books about Harry Potter.
The thousands who tried the same thing in the same time and failed, all those who didn't even try, those who gave up after a few pages, nobody writes about them.
I know that from myself and I know how many book ideas I have started on my hard drive.
We often misjudge such probabilities. Because the greatest risk is to give up and never achieve your dream.
In addition to the extraordinary performance, there is always a bit of luck involved: the Beatles, Stephen King, Elvis, Steve Jobs - they all failed at least once, until they found someone who believed in them, until the time came and just about everything fit.
For example, the average millionaire was completely bankrupt 3.5 times before he reached his fortune, many of them in the meantime heavily in debt [1. Stanley, Thomas J. and William D. Danko. 1996. The Millionaire Next Door: The Surprising Secrets of American’s Wealthy. Lanham, MD: Taylor Trade Publishing.]
If you still count yourself among the dreamers mentioned above, I still want to encourage you to give it a try. Because what all those who made it have in common is that they never gave up.
In the article Achieving goals you will find some tips on how you can achieve such high goals yourself.
In today's internet age, it's easier than ever to: Education is freely available for almost all areas. Even elite universities such as Harvard or MIT make their lectures, for which others sometimes pay several hundred thousand dollars, available free of charge on the Internet.
In addition, in contrast to traditional media, you are not only a consumer, but nowadays you can actively help shape it online.
The great advantage of such high goals is that they are like a big mountain that is always visible on the horizon. Even if stones appear on the way, the big goal, the mountain, will still be visible, while all the small goals are quickly lost from sight.
Also, sometimes it is better to travel hopefully than to arrive. This journey will improve your skills, will develop you personally, will give you courage and hope even in times when things are not going so well. All of these experiences that you will have along the way can be much more valuable.
Six tips for getting rich that you can implement right away
1. Find a mentor
Find a mentor, someone who really believes in you and can help you move forward. Someone who has already achieved what you want to achieve. This is often easier than you might think. Successful people like to help other people, and most like to share their knowledge as well.
You are also welcome to write to me by email and we will find a solution for your current challenges together.
2. Positive environment
Surround yourself with positive people who believe in you and never let yourself be persuaded that you cannot do something. A very nice scene was in the film “The pursuit of happiness”, where the father says to his son:
“Don't ever let anyone tell you that you can't do something. When you have a dream you have to protect it. When others can't do something, they always want to convince you that you can't either. If you want something, do it. "
Our environment has a significant influence on us. There is a theory that we become like the 5 people we spend most time with. Certainly there are always outliers upwards or downwards, but these are much rarer.
It is not for nothing that many successful startups gather in Silicon Valley, e.g. to benefit from the atmosphere and the people who surround them.
3. Take action and never give up
Act. Fail. Get feedback, gain experience and then start over. But never give up.
Micheal Jordan, one of the best basketball players of all time, once said the following:
“I've missed more than 9,000 throws in my career. I lost nearly 300 games. I was entrusted with the free throw 26 times and I didn't score. I've failed over and over again in my life. And that's why I win. "
4. Think scalable
Start thinking scalable and be open to new possibilities. The scalability of your activity is completely independent of your current specialist area.
For example, I once met someone who went from being a hot dog seller in New York to a millionaire.
He did it by creating a digital info product and showing other people how to open their own hot dog stand. So he solved a problem for others, helped them and got even rich through it.
The principle is always the same, recognize a problem, find a solution and sell a solution. How exactly this works, I have written down again for you here.
5. Find your passion
Find your passion, something you are really good at, something you enjoy. This is where you should start looking for a scalable job.
The fact is that if you want to be successful, especially at the beginning when you are building something new, you have to invest a lot of time. Maybe even over many years, this is easier if you like to do it.
Otherwise you are always in competition with people who are passionate about doing exactly what you may not feel like doing. Who do you think has the better chance?
6. Use your time wisely
Learn the goal setting according to the SMART formula and read this short field report, which shows how I built a scalable income with a book. In general, think outside the box, leave out one or the other series, YouTube / Facebook / TV session and see what you can do to get closer to your goal.
A little distraction every now and then doesn't harm anyone, but life is the sum of our choices. If you're not careful, all those little distractions can add up to many wasted years.
On the other hand, however, all the small positive steps that you take add up, and at some point you will be able to look back with pride on how far you have come.
Seneca once said:
It is not a little Time that we have but it's a lot Time that we don't use it.
Hello. I'm Thomas and I do online business. My goal is to passively earn 100,000 euros a month. I share my progress with you in my newsletter and podcast “Whimsical Sophistication”. I currently have several bestselling books in the field of finance / online business and the online business academy, which shows you how you can also successfully start an online business with digital products.
- Physical supermarkets will disappear
- What does the Labor Party stand for
- Do you feel the divine in others?
- Where can I find my SMS number
- Why are South Koreans obsessed with Dokdo
- Why do ABCDs look down on FOBs
- What are the side effects of HGH
- What are some profitable street businesses
- Are there dangerous places in Goa, India
- Why are online prescriptions bad
- Which companies still use third world countries?
- What's your worst teen dating experience
- A ketogenic diet can lower the heart rate
- Why is Australia's minimum wage so high
- Why mother tongue Why not father tongue
- What are social problems
- Everything should really be made in China
- How do boxers build stamina
- Who still needs the smallpox vaccine?
- What weapons do you have
- When did you realize you were an asshole?
- Why don't C ++ programmers like C?
- What is log normal distribution
- Does Trump's trade war hurt the farmers?