What’s a Job Worth?

The chart below lists several job categories along with their average salary in the United States.

Here is the average amount of time off per year by years of service:

One good feature about a military career is that from day one the individual has 30 days off per year. The bad part is that it does not increase with years of service. Of course, with 20 or more years of service, you can have a year off each year by retiring at 50% pay. The average salary for a Lieutenant Colonel (Officer grade 5) in the Air Force is $87,404.40.  So that is pretty good in comparison.  Of course, not everyone makes it to Lieutenant Colonel.  An 18-year major (Officer Grade 4) makes just a little less than that, but still more than the average engineer.  Of course, your average engineer is not likely to face hostile enemy fire, which a military officer is pretty much guaranteed to do in the course of a full career.

But what if there were a job that you could work at for 6-10 years and then retire making as much or more than you were when actively working.  And what if the rank advancement were such that in the pay would look like this (assuming it takes one year to advance to each successive rank):

Earnings by Year
Year Earnings for the Year
1 $1,442
2 $3,206
3 $6,845
4 $13,564
5 $27,017
6 $67,509
7 $127,872
8 $244,728
9 $510,071
10 $1,085,146

It seems to me that the ten year plan above beats the 40 to 50 plan* hands down. These numbers represent the actual average earnings at each rank of particular Multi-level marketing (MLM) company (if you equate each year to a rank in the compensation plan).  Assuming it would take a year to advance to each rank, one could stop at any point and the income would continue.    In fact, all of the people in that company who made it to the top level did so in under five years.  Income mobility is possible with persistence.

Most people would work the business part time until reaching the sixth level.  Well, actually, most people would quit before reaching the sixth level because we Americans have a microwave mentality.  We think that we start in MLM and should be millionaires in one year, and if we are not, we quit and say that MLM doesn’t work.

According to the Direct Sales Association,

An estimated 15.6 million people are involved in direct selling in the U.S., and more than 92 million worldwide. About 80 percent of US direct sellers are women. The vast majority are independent business people – they are micro-entrepreneurs whose purpose is to sell the product and/or services of the company they voluntarily choose to represent – not employees of the company. Approximately 90 percent of all direct sellers operate their businesses part-time.

Information found on Direct Selling 411 for sellers is informative:

Quiz

What is the primary reason you became a direct seller?

  • To earn supplemental income (51%, 18,324 Votes)
  • To earn full-time income (34%, 12,030 Votes)
  • To buy the products at a discount (8%, 2,969 Votes)
  • I like to be recognized for my accomplishments (4%, 1,281 Votes)
  • I like to meet other people (3%, 1,023 Votes)

Total Voters: 35,627

*40-50 Plan:  work 40-50 hours a day for 40-50 years of your life and hope to retire on 40-50% of your annual earnings.

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