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Earning $1,000,000 a year without leveraging investments requires creating well in excess of $1,000,000 worth of value in the market.
Generally, careers in high ticket sales are your best bet.
As a general rule, you will need to sell 5 — 50x as much as you want to take home. (i.e. Between $5,000,000 and $50,000,000 depending on the industry).
The Best Industries to Earn $1M/Year
Some industries that are a good fit for this include: real estate, technology, medicine, and finance.
Without investing any cash, you can develop the following skills to help you:
- Persuasive sales skills
- Marketing skills
- Finance skills
- Technical knowledge of the industry you are selling in
The Truth About High-Ticket Earners
This will put you on the path to earning $1,000,000 a year, but it is not for the faint of heart.
Taking home $1,000,000 in a year from sales efforts requires discipline, long work weeks, and a fair bit of luck.
Currently, I pace around $1,000,000 per year in technology sales revenue. However, my take…