This is the “Tripod of Stability” - all of the foundational, big aspects of your life that you keep ultra-stable so you can take risks in other areas.
I’m talking about the basics: food, water, shelter, etc. When you have a goal as ambitious as “I want to earn a six-figure income,” it’s easy to lose sight of the really important things in your life. Step 1: Set up your financial foundation for 6 figures What if you could use your money to create a life you love? Learn how with the Rich Life System. Step 1: Set up your Tripod of Stability.
It’s important to figure out where you are now compared to these benchmarks if you want to reach your goal of 100k/year. Can you land a full-time job that pays $52 an hour? Or can you freelance for that amount? That means making at least:īreaking down your larger goal into smaller increments will help you understand what it will take to get where you want to go. You need to make at least $100,000 a year if you want a six-figure income. What Does a Six-Figure Income Actually Look Like? The following systems have worked for thousands of our students successfully, and with time and effort, you could be on your way to earning 100k in a year. But leveling up your full time job and scaling a side hustle are exactly what we specialize in at IWT. None of these options are easy, and they will likely involve sacrifices and sweat equity. A combination of the two above strategies.Starting a side hustle and scaling it so you’re eventually making six figures a year.Getting a job that makes six figures a year.
There are many ways you can get to earning six figures a year. The six figure number is a milestone that would put your earnings well beyond the median household income in the United States, and potentially afford you with a more comfortable lifestyle.īut how do you get there – especially if you’re making nowhere near this number now? Ways to earn 6 figures a year: Learning how to make 6 figures ($100,000) a year is a common goal for many - and why wouldn’t it be?
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