Jobs That Can Make You a Millionaire

Jobs That Can Make You a Millionaire

  • Arhun Nishanthan|  
  • July 13, 2021

The billionaire is the new millionaire, so how difficult is it today to become a millionaire? Shouldn’t be that hard, should it?

Unlike in the past when you had to build an established business, to have hundreds of employees and massive sales, these days you can get to 7 figures just by having a better paying job.

With this idea in mind, we dug around to find which are your best bets at getting paid the big bucks.

Something interesting I’ve found while putting together this article is that the specific specialization of the well-known high-paying jobs, now pays even better than before AND there are a couple of new jobs that were not available in the past that are quite lucrative.

Although we have an international audience, we based on research on Sri Lanka, just to keep all these jobs on the same scale, the numbers might dramatically differ in your geography. Just keep that in mind as we move forward.

Here are some Jobs that can make you a Millionaire.

  • Corporate Lawyer

If you’re good, you can be a millionaire 5 years into your corporate job. All you need is to be productive for the corporation you work for.

Out of all the specializations here are the 3 most lucrative: Mergers & Acquisitions, Intellectual Property & patent lawyers.

Basically, you need to be a lawyer for a large financial or tech company. The higher the value you can bring to them or save them from having to pay, the higher your salary.

In big cases, it’s not uncommon to get a single payout of over 1 million if the case is won.

  • Architect

Real estate is booming, always has, always will, with bigger and bigger projects undertaken by developers, companies, and even cities.

A single big project can earn you that 7 figure income you’re looking for, but unless you’re already established in the marketplace, you’re unlikely to get it.

As with most of the jobs mentioned on this list, because the reward is so big, the competition at the top is fierce.

  • Cyber Security

We’re living in the most connected time in history, everything about you that makes you, you is online; which means, there’s a lot of money to be taken out of the system.

Last year, the personal data of over 140 million Americans was stolen from a credit score company called Equifax. Names, addresses, social security numbers, banking information, everything you would need to steal someone’s identity.

Big tech companies would not recover after a breach like that so they’re paying really good money to anyone who can bulletproof their tech.

The same goes with big Pharma companies as well as anything that has to do with intellectual property, patents, research & development. A hack could cost the company billions.

Even at an individual level, it’s never been more important than now to protect your information.

We’ve seen worldwide debates about how much info companies like Google & Facebook have on you and how easy it is to manipulate public opinion.

Hackers rely on easy targets, especially if you’re traveling a lot, everything you do online can be monitored and stolen; that’s why we had to do something about it.

  • Marketing managers

Everywhere you look you see billboards and advertising. We live in such a crowded advertising time that it’s harder and harder to stand out.

A great marketing executive can make or break a great company. Just look at the rise of Cargills. The company raised from the ashes through a smart marketing campaign. A 75-year-old company, more than doubles sales in a single year.

But marketing isn’t all just about advertising, it’s about the way the product is designed, the way people perceive it, the way it fits in the market, and how it differentiates from the competitors.

A typical Marketing director for companies like Pepsi or Coke earns a ballpark of 250,000 dollars per year.

  • YouTuber & New-Media Personality

Time to first Million: 2 to 10 years

Well, would you look at that?! Yes, new media personalities are cashing in big these days, but it comes with a caveat.

The barrier to entry is almost none. It’s actually free to start so there’s a lot of people trying to get any bit of pie. That’s why it doesn’t even make sense to calculate the average earning of your average YouTuber, because they don’t earn almost anything.

The big plays are at the very top. The few people who have the most eyeballs on them get to leverage their platforms for financial gain.

 

 

 

 

 

 

 

This content is the sole responsibility of its creators. Any opinions expressed herein do not necessarily reflect the views of USAID or the United States Government, European Union, or Swiss Agency for Development and Cooperation.

RELATED ARTICLES

How You Can Make an Impact While the COVID-19 Is Wreaking Havoc

Read more

Reasons Why Businesses Fail

Read more

Organic Farming: Types, Principles, Methods and Importance

Read more

Skills That Will Pay Off Forever

Read more

Getting out of the Cubicle

Read more

Get out of the Cubicle

Read more

Vocational Personality

Read more

Technology Literacy

Read more

Teamwork

Read more

Social Skills

Read more

Connect with us