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Plantwiz
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Join Date: Feb 2005
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Old 07-08-2009, 04:27 PM   #12 (permalink)

Quote:
Originally Posted by 94jedi View Post
...

Anywho----

So, my question is how the heck do I make $100k in this business? ....?


I haven't seen anyone paying that sort of money for General IT support in our region...ever. You may (as already mentioned) be able to specialize and maybe get some custom programming work and such, but generally not a flat out salary for that amount of money.

How close are you currently to that goal? (without being too specific). If you are at $40K (which seems about normal), then another full-time job or a couple part-time additional jobs may bring you closer to $80K...but the time away from your family...just doesn't make it worth it for the long term. IMHO


The bridal consulting gig as someone mentioned is a great opportunity IF your wife WANTS to do this, as there will be very little overhead and she likely needs her old contacts and she'll be up and running.

More education is ALWAYS good (right up until you price yourself out of the market ). But if you went out on your own, you could control your income level better then you do working for someone else...it just isnt' as 'easy' as working for someone else.

$100K is a lot of money (unless you live in LA or NYC), so it really just depends on where you live and if you have truly done a written budget to see where your money is going. Average income is around $44K for most households...and frankly, that is a decent living....doesn't mean the desire to work harder to have more is bad, but there is a $60K spread between 'average' and your goal. Likely there is some room to play in the middle, correct?


Three budget forms listed here to get you started:
Financial Peace University - Tools



Otherwise,
- more school
- extra jobs
- maybe wife consults on the side (while you are home).



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