Another who has high paid jobs thread. Careers for a young person, High salary, really needing ideas

Hey Guys,
Long time reader, never posted before.
I noticed earlier on the site there was a 41 year old person posting about a career change.
I really enjoyed reading the comments so much so that I thought I'd post my own.

I am a 20 year old living in Melbourne, working a few jobs, earning relatively average money, what I am looking for is a bit of direction in my life. But moreso I am looking for career path ideas.
I am really looking to get into a job that pays well 100k + (obviously not straight away)
I finished school and didn't do very well, due to personal reasons.
But I do think I am a motivated person with a good business mindset, I really like the idea of passive income and income via investments. But it's really hard to jump straight into without a real idea of how it works.

I am currently in the midst of starting my own business, so hopefully that will turn into something, even if small. I also dismantle imported cars and make alright money out of that.
But I would like a solid career to aim towards as I really like the idea of having a solid job that pays well and not having to worry about small business opportunities and such.

So what I am asking you guys is, what career paths would you guys recommend? I really am open to anything and open to studying to achieve that career, even if I have to take TAFE pathways to achieve it.

I like the idea of office work, outside (trades and such) Pretty much anything

I really appreciate the help/ suggestions

If anyone has tips on being a young investor, I would love to hear from them via PM.

THANKS :)

Comments

  • Sorry, not trying to hijack this thread…

    Just need a bit of advice/ opinion on my situation

    Where / what kind of jobs can I go/ get with an MBA? I'm finishing mine soon. Currently I work as a software tester with 6 yrs exp. i'm thinking to look for a new career once i finished. I looked at Business Analyst roles but it seems they're looking for min 3-4 yrs exp, project managers are pretty similar.

    I'd Apprciate Any thoughts/ advice.

    • Don't bother with PM roles, the market is flooded with good PM's stuck at home waiting for their next gig. Tech BA might be a better bet and don't scuff at the BA title either, quite a few of them earns even more than PM's.

    • A huge advantage of a good MBA program is the connections you make with other students in terms of networking etc. If you are doing an MBA in a place where this is limited (distance, or a secondary quality school) consider transferring to a top school for your final year to leverage the network.
      Yes it is expensive, but likely worth it.
      For what it is worth, MBA is becoming a much more common qualification.
      20 years ago it really stood out.
      Now, I think most hirers don't give it much rating above any other graduate level training.
      Apart from really top tier schools (Harvard, LSE etc.)

  • +3

    Push a broom on a union construction site. Take home $60k++. Seriously demented. But it is what it is.

    Don't see that in the list.

    1 underrated.

    • People wonder why things are so expensive in this country. Cause and effect etc etc.

    • I'm sure module one consist of nothing but the corporate lingo….LOL.

      Second module - Teflon'ing

      • It's more about understanding how the Corporate Structure is designed and then it gets deeper into corporate psychology and methodologies.. All these things you will never touch on, unless you have been in the game before.

        This isn't a Forex course, nor am I selling snake oil - I'm teaching kids how to be successful based upon my personal merit and experiences in the corporate world.

        • +1

          Say I've got a crappy WAM so grad program is out of the question, ended up being employed in a SME, how will your program assist your participants in climbing the corporate ladder when they aren't even in such a environment to begin with?

  • -4

    One key of the course is Education. There are multiple levels of education one can achieve. You don't need to be a university graduate to get into the corporate world. There are private colleges and schools that can get you certification to certain professions that I concentrate on.

    So my advice would be to increase your education and certification by doing one of the courses I direct you too, be it private college, TAFE etc and then we go into the next key :)

  • If you feel like you have the right disposition for it, I would suggest looking into some form of ICT sales. A Bachelors degree is generally a check box, but you could probably get away with a business diploma if you interview well. Entry level roles are generally around $100k OTE.

    Normally the salary consists of a base/comms split (60/40 for example) where you are paid commission on each sale calculated by your sales target. As your experience increases, your earning potential increases dramatically.

    The other option is recruiting, which also has a high earning potential, but you have to be willing to cold call and generally have the right disposition for a highly demanding sales environment.

    Word of warning - lots of advertised roles promise attractive OTE's although the commission structure may not be what it is made out to be. Make sure to read contracts very carefully. From personal experience ICT sales can be very rewarding. You don't have to be so much of a typical extroverted 'sales guy', as it is very consultative and client focused.

    Good luck.

  • Just my late two cents. I think one thing not many people have touched upon is whether a job suits your life and desires. It's all well and good to do something you're passionate about, but I think it's probably more important to have the personality for a type of job, and then this is balanced out with what you're willing to sacrifice for it, because whilst it's not common, you can also learn to love what you do.

    For the first, for example, if you're looking at sales, then you generally have to put yourself out there one way or another, and generally being extroverted is advantageous. If it's a medical field, then you will have to work very hard learning a lot of technical/theoretical information to pass your exams, in conjunction to the amount of time it takes you to get through the various stages of training.

    It's all well and good to be passionate and be the best at what you do, but often this means some serious commitment, because you won't be getting to the top without some hard work. If you still value a work-life balance, then consider how long you think it will take get there, how many and what type of hours you will need to pull, on top of any training/education you will have to do. Do you want your job to just be a job, or a source of some satisfaction? And as for turning passion into a business, you have to be aware that it's not overexposure that might kill your passion, but having to be bogged down in the details or admin/organisational side of whatever you're doing.

    For myself, I love what I do, but I know I'm one of the few. I pretty much hated studying pharmacy, and whilst it improved when I started working in a community pharmacy (I have great patients), I really loved it when I changed to my current role, managing the packing of medicines. I still see normal pharmacy customers, but mostly I liaise with nurses, carers and doctors so I am able to use more of my clinical skills. Before, I would have to use my people skills to build rapport, and draw them out of their shell and get comprehensive patient histories for product recommendations and I was good at it, but I also found it quite draining.

    Now, my role requires something quite different: strong admin and management skills, because in addition to being in charge of all the paperwork, I'm trying to coordinate my small staff (of about 8 people) with as much precision as possible to make our deadlines, like a human production line, as well as maintaining and strengthening our relationships we have with the clients we service. These are the things I'm really good at, working out of the poltiics of and cultivating the relationships we have, training and motivating my staff, creating and troubleshooting systems for the pharmacy and continually improve our efficiencies. It doesn't mean that there aren't some days that I don't question if all the stress etc. is worth it, it just means that the questioning is just temporary, and I come back the next day ready to take on its challenges.

    So TL;DR work out what type of tasks would suit your personality/proficiencies, in addition to any technical barriers you would need to overcome, and think about exactly what about in your life you're willing to sacrifice to become 'successful'.

  • +1

    Some good feedback and ideas however the focus has been on everyday jobs.

    If you want to make some serious money (if that's what motivates you) then you need to think much bigger than a 9-5 job.

    Invent something that hasn't been invented before and it has to be something that people will want to buy, then sell it to the world. You will be rewarded with unimaginable wealth and you will never work a day in your life.

  • +1

    Slightly biased here but I'd be the first to recommend a career in Occupational Health & Safety Management. A tertiary qualification and some common sense and you'll struggle to snare a job paying less than 90K.

    • Actually pretty good advice, Barry O'Farrell's certainly helping out the profession with his worker's comp "reforms"! ;)

  • +4

    There's always pros-cons.

    I've been a computer engineer with bachelor degree for sometimes, climbed private sector ladder through tough redundancy times and job changes. Which makes me amazed by how quickly some of my air-con fixing friends with a TAFE certificate makes $100k+ over. Tho my circumstance is not too bad considering my PHD friends still get $60k or so after some 10 years tertiary education and research. (If you ever wonder why all the cool things are coming from US, this is why IMO.)

    My missus is a registered nurse, requires bachelor degree, and her pay only increase about 50c per hour or so every year up until 10 years and the grade capped after then however her starting salary is circa $60k and can goes up and above $80k depends on shift type. She also has remarkable job security so she could survived massive hospital budget cut and closing down throughout last 12 months.

    So in summary, you should think about:

    1. remuneration
    2. time/money/opportunity required for education/training
    3. short & long term job security
    4. upper salary threshold
    5. 9-5 or doesn't matter
  • http://www.smh.com.au/it-pro/business-it/how-to-get-a-job-at…

    How to get a job at Google

    Date
    February 24, 2014 - 11:27AM
    Thomas L. Friedma

    Interesting story related to this.

    • "The least important attribute they look for is ‘‘expertise’’. Said Bock: ‘‘If you take somebody who has high cognitive ability, is innately curious, willing to learn and has emergent leadership skills, and you hire them as an HR person or finance person, and they have no content knowledge, and you compare them with someone who’s been doing just one thing and is a world expert, the expert will go: ’I’ve seen this 100 times before; here’s what you do.’’’ Most of the time the nonexpert will come up with the same answer, added Bock, ‘‘because most of the time it’s not that hard’’. Sure, once in a while they will mess it up, he said, but once in a while they’ll also come up with an answer that is totally new. And there is huge value in that."

      Works for Google; might not work for air traffic controllers

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