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Created on: March 10, 2009
For many people earning income of $1,000 per day seems like it will always be beyond their reach. However, for those who are willing to invest time and some money, achieving a $1,000 a day income is possible. Achieving it everyday may be a little more daunting. When most people think of earning $1,000 in a day, they really mean that they want an annual salary that averages that amount per day. To arrive at this lofty goal requires building multiple income streams or getting into a professional or other field that has a realistic expectation for that level of earnings potential.
Find a job with $1,000 per day potential earnings.
The problem with this approach is the time line and training required to achieve it. Doctors, lawyers, heads of corporations, and some small business people have this level of earnings potential. However, all of these will mean years of education or specialized training to be positioned for a shot at $1,000 per day earnings. For the vast majority of people, these options either exceed their time frames or their abilities.
Get into sales of big ticket or big commission items.
Real estate agents, car salespeople, insurance agents, and others who sell items that can net large commissions have the ability to generate a $1,000 per day earnings frequently. These people may not earn this amount every day, but many of them can average this amount over the course of a year. This type of sales does not require massive amounts of training and education. The downside is that it does require the proper personality to able to go out and sell. Salespeople have to able to deal with rejection on an almost daily basis and bounce back to keep earning commissions.
Build up multiple streams of income that do not require your total attention.
This can be done in a large number of ways. Obviously, it is better if you can have 10 sources of income that provide $100 per day than to need 100 sources at $10. However, it may be easier to reach 100 that earn $10 than 10 that earn $100 per day. To start an income stream flowing, you must find a product to sell or service to provide and a way to market and run it without your full time involvement.
Beginning a lawn care business is one way to get started.
Starting a summer yard service offering lawn mowing, weeding, and light landscaping is an easy one. Charge competitive prices and hire several people to do the work. If you can build up to servicing 20 yards per day, try to earn $5 per yard after equipment and personnel
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