Saturday, November 21, 2009

Much More Lucrative Than College (or University)

You know how much the average college graduate earns? I did some research and I couldn't find a single example of a college grad earning a starting salary of more than about $60,000, with most starting out between $30,000 and $40,000.
Of course, it's not even a fair comparison. College students aren't making money (typically) while they're in school, and they're definitely not seeing a 5% increase in their income every month. Quite the contrary. In many cases they're going tens of thousands of dollars in debt.
If you become the persistent web entrepreneur in our example you will not only hit $72,000 per year by the end of your fourth year, you will have earned a total of over $101,000 during your four years of "schooling."
I guess some people will say it's not possible to increase your income by a measly 5% per month over a three year period. That's fine. I would encourage those people to settle into a nice corporate job, and hang out there for 30 or 40 years.
Based on my experience, a 5% monthly increase is not hard at all - it's the first $1,000 that's tough. If you can knock out that first thousand per month, the sky is really the limit. You'll have confidence, momentum, and enthusiasm on your side - not to mention the cash. People are attracted to internet marketing because you can get started with very little cash. But I'm here to tell you that internet marketing gets a lot simpler (dare I say easy?) when you've got some money to put behind your work ethic and creativity.
So what's the problem? Why is it that 99% of the people never get to $1,000 per month, let alone $6,000 per month?

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