What's the easiest way to earn £50k a year?
13 November 2007, 10:53 AM
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What's the easiest way to earn £50k a year?
If you couldn't get a job but still wanted to earn good money, what would you do?
I reckon I'd try my hand at writing (if Jade Goody can sell a book then surely I can?) or maybe I'd figure out how spread betting actually works (I suspect if you do it right, it shouldn't empty my account quite as quickly as it has been doing
)
Let's hear your ideas.
I reckon I'd try my hand at writing (if Jade Goody can sell a book then surely I can?) or maybe I'd figure out how spread betting actually works (I suspect if you do it right, it shouldn't empty my account quite as quickly as it has been doing
)Let's hear your ideas.
13 November 2007, 11:09 AM
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Become a self employed consultant to some cash rich industry, then spend 3 hours a day actually doing anything and the rest either at the beach* or doing whatever you please. This will more likely net you a little bit more than your 50K target as well if you pick the right industry
*location dependent sadly, I now just **** off down the gym instead as it's freezing cold here.
Failing that sell everything you own and live off the interest?
edit to add:
Start a website and run it as a community for the benefit of owners to sucker in a whole bunch of users. Then start to remove features unless said 'community' pay for them. Then give the same gullible people the illusion that they have some power by adding say an infraction system. Most likely these are the type of individuals who are fairly impotent in their day to day lives and this will give them a sense of power and importance lacking in their otherwise bottom of the rung existences which they'll be only too happy to pay for. Then rake in the cash while cynically acting like some kind of tin pot dictator. Should be good for 50K or more.
*location dependent sadly, I now just **** off down the gym instead as it's freezing cold here.
Failing that sell everything you own and live off the interest?
edit to add:
Start a website and run it as a community for the benefit of owners to sucker in a whole bunch of users. Then start to remove features unless said 'community' pay for them. Then give the same gullible people the illusion that they have some power by adding say an infraction system. Most likely these are the type of individuals who are fairly impotent in their day to day lives and this will give them a sense of power and importance lacking in their otherwise bottom of the rung existences which they'll be only too happy to pay for. Then rake in the cash while cynically acting like some kind of tin pot dictator. Should be good for 50K or more.
Last edited by NACRO; 13 November 2007 at 11:16 AM.
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13 November 2007, 11:17 AM
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13 November 2007, 11:28 AM
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edit to add:
Start a website and run it as a community for the benefit of owners to sucker in a whole bunch of users. Then start to remove features unless said 'community' pay for them. Then give the same gullible people the illusion that they have some power by adding say an infraction system. Most likely these are the type of individuals who are fairly impotent in their day to day lives and this will give them a sense of power and importance lacking in their otherwise bottom of the rung existences which they'll be only too happy to pay for. Then rake in the cash while cynically acting like some kind of tin pot dictator. Should be good for 50K or more.
Start a website and run it as a community for the benefit of owners to sucker in a whole bunch of users. Then start to remove features unless said 'community' pay for them. Then give the same gullible people the illusion that they have some power by adding say an infraction system. Most likely these are the type of individuals who are fairly impotent in their day to day lives and this will give them a sense of power and importance lacking in their otherwise bottom of the rung existences which they'll be only too happy to pay for. Then rake in the cash while cynically acting like some kind of tin pot dictator. Should be good for 50K or more.
13 November 2007, 11:28 AM
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13 November 2007, 11:33 AM
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Well, you mentioned sitting on your **** for most of the day doing anything work related; that covers most of us who post regularly on here! 
SN Should really be named: IshouldbeearningthemoneytopayforVpowerformy scooby.com
SN Should really be named: IshouldbeearningthemoneytopayforVpowerformy scooby.com
13 November 2007, 11:33 AM
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What's French for disingenuous?
Anyway, NACERED is on the right lines. Carve out a niche, become indespensible. Of course, you need to be very good at what you do and you need to know how to market yourself, but it can be pretty much anything.
Anyway, NACERED is on the right lines. Carve out a niche, become indespensible. Of course, you need to be very good at what you do and you need to know how to market yourself, but it can be pretty much anything.
13 November 2007, 12:00 PM
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13 November 2007, 12:12 PM
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Use the car to go to the office???? I cycle down there rain or shine. Good for the old beenbuigers.
13 November 2007, 12:15 PM
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I second being a consultant. Did it for 4 years. In that whole time I bet I did, at the most 6 months actual real hard work. Maybe less if I think about it. Even less hard working was our manager who really did absolutely nothing and got paid 30% more than us. Other massive bonus is the tax implications, or lack of them. The only snag is, in the end you get verrry bored and sick of the permies moaning all the time. I hear SAP consultants are on a good rate.
13 November 2007, 12:24 PM
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I second being a consultant. Did it for 4 years. In that whole time I bet I did, at the most 6 months actual real hard work. Maybe less if I think about it. Even less hard working was our manager who really did absolutely nothing and got paid 30% more than us. Other massive bonus is the tax implications, or lack of them. The only snag is, in the end you get verrry bored and sick of the permies moaning all the time. I hear SAP consultants are on a good rate.
13 November 2007, 12:46 PM
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edit to add:
Start a website and run it as a community for the benefit of owners to sucker in a whole bunch of users. Then start to remove features unless said 'community' pay for them. Then give the same gullible people the illusion that they have some power by adding say an infraction system. Most likely these are the type of individuals who are fairly impotent in their day to day lives and this will give them a sense of power and importance lacking in their otherwise bottom of the rung existences which they'll be only too happy to pay for. Then rake in the cash while cynically acting like some kind of tin pot dictator. Should be good for 50K or more.
Start a website and run it as a community for the benefit of owners to sucker in a whole bunch of users. Then start to remove features unless said 'community' pay for them. Then give the same gullible people the illusion that they have some power by adding say an infraction system. Most likely these are the type of individuals who are fairly impotent in their day to day lives and this will give them a sense of power and importance lacking in their otherwise bottom of the rung existences which they'll be only too happy to pay for. Then rake in the cash while cynically acting like some kind of tin pot dictator. Should be good for 50K or more.
13 November 2007, 12:49 PM
#22
I am an IT consultant, I currently earn more than that but spent years on less money learning what I needed to know, doing exams and studying, I still have to keep current and being contract I might get a weeks notice and have no work. There is no sick or holiday pay and you have to sort out your own company and employ an accountant, plus you are always risking the revenue getting an unhealthy interest in your affairs, in other words IR35.
I have been asked to go permanent and my package is worth about 50k and I will be close to home, its a trade off, I could get work in Leeds but would rather be skint (comparatively) than spend 4 hours a day on the M62. But the way fuel is going, F*ck it, I can bike it if needs be, its a great feeling not totally relying on a car.
So, unless you are very lucky and happen upon something you need to get a marketable skill, examine where the money is and then immerse yourself in that world, the internet is a massive advantage to you if used right, so many websites full of what would have been hard info to get ten years ago.
So say you fancy getting into being an Estate Agent, they make good money yet dont seem to have to have much in the way of qualifications !, find out the websites they use, read the forums, get a junior job and then throw yourself at it, nothing you learn is ever wasted, you might not use it for years but if you want something just learn, learn, learn, if you can afford it and its competive offer to work for free in your chosen environment, you need that experience, its a commodity, a currency that can get you onto the next step on the ladder
Dont just sit there moaning about not having anything, live it and breath it, be enthusiastic and reap the rewards, I wish I had been given more advice when I was in my early twenties, I kind of meandered and had an epiphany and decided to get of my ****.
I have been asked to go permanent and my package is worth about 50k and I will be close to home, its a trade off, I could get work in Leeds but would rather be skint (comparatively) than spend 4 hours a day on the M62. But the way fuel is going, F*ck it, I can bike it if needs be, its a great feeling not totally relying on a car.
So, unless you are very lucky and happen upon something you need to get a marketable skill, examine where the money is and then immerse yourself in that world, the internet is a massive advantage to you if used right, so many websites full of what would have been hard info to get ten years ago.
So say you fancy getting into being an Estate Agent, they make good money yet dont seem to have to have much in the way of qualifications !, find out the websites they use, read the forums, get a junior job and then throw yourself at it, nothing you learn is ever wasted, you might not use it for years but if you want something just learn, learn, learn, if you can afford it and its competive offer to work for free in your chosen environment, you need that experience, its a commodity, a currency that can get you onto the next step on the ladder
Dont just sit there moaning about not having anything, live it and breath it, be enthusiastic and reap the rewards, I wish I had been given more advice when I was in my early twenties, I kind of meandered and had an epiphany and decided to get of my ****.
13 November 2007, 01:39 PM
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You could always come up with a Website that will
Compare thousands of products & services,
effectively giving
One search for cards, loans, insurance, mobiles and more
Compare thousands of products & services,
effectively giving
One search for cards, loans, insurance, mobiles and more
13 November 2007, 02:10 PM
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Interesting reading.
i notice a lot of you are It based consultants.
Well me being in purchasing, could you be for instance be a 'purchasing consultant' or a sourcing consultant where i source stuff to save a company money.
anyone ever heard of work like this?
i notice a lot of you are It based consultants.
Well me being in purchasing, could you be for instance be a 'purchasing consultant' or a sourcing consultant where i source stuff to save a company money.
anyone ever heard of work like this?
Last edited by The Chief; 13 November 2007 at 02:13 PM.
13 November 2007, 02:23 PM
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Yes - purchasing consultants know the price of everything (*) and the value of nothing.
(*) It has actually been demonstrated they rarely know the price of anything either!
(*) It has actually been demonstrated they rarely know the price of anything either!
13 November 2007, 02:38 PM
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Originally Posted by NACRO
Start a website and run it as a community for the benefit of owners to sucker in a whole bunch of users. Then start to remove features unless said 'community' pay for them. Then give the same gullible people the illusion that they have some power by adding say an infraction system. Most likely these are the type of individuals who are fairly impotent in their day to day lives and this will give them a sense of power and importance lacking in their otherwise bottom of the rung existences which they'll be only too happy to pay for. Then rake in the cash while cynically acting like some kind of tin pot dictator. Should be good for 50K or more.