I bumped into an old school friend of mine about two weeks back. We hadn’t seen each other in 10 years! Boy does time really zoom by…
Anyway, meeting each other felt like we were just in high school only yesterday. We really connected and so we decided to ‘catch up’ and grab a quick beer.
The conversation was going really well, and we chatted about lots of stuff. I could see though that his eyes were tired and his posture was very tense, around the shoulders. Something was bothering him and I could feel he wanted to talk. So, halfway through, I asked him to spill it out. He was always the kind of guy who would take on all of the world’s worries and bear it upon himself. And so he opened up to me….
Can you get rich without a college degree?
I knew where this was going, and what he was asking me. What he really wanted to know is,”Is there a way that I can make money even if I did not study ?”
Can you make money without a Qualification?
I realized that there are probably many other folks as well, who have this burning question on their minds. Though it’s so commonly asked, sometimes asked(very silently), it’s still something that people would like an answer to.
I helped my friend out in the best way that I could, and that is to explain to him what I understood thus far about earning money.
Sure, I am not a financial guru, but I have learned some things recently and figured that by sharing my experience I may be able to help him see things with a little more hope and excitement.
Let me share some aspects of the discussion with you.
Does a Degree always Equate to Good Earnings?
The answer is not as straightforward. This is purely subjective as everyone’s circumstances are different, from their needs to their wants, and type of lifestyle etc…
I started off by telling my friend that there was a survey that was conducted a while back by the Cooperative Institutional Research program at the University of California. The survey showed that around 85.9% of the students that entered varsity said that the primary reason for doing so was to be able to “get a better job.”
It was at this point, that I told him, my opinion of having a degree. As a qualified pharmacist, I work for a well-known pharmacy chainstore. I earn a steady income that ‘pays the bills.’
The important thing that I highlighted to him here was, ‘my degree did not allow for me to get to a point of financial freedom. I have had to try other things(more about this later on)”.
So the bottom line, in my case is, my degree did NOT equate to good earnings for myself. Make no mistake, I am not saying that I am not grateful, not at all.
It’s just that, I wanted more, and feel that I deserved more.
What were the common pitfalls with my current Job?
- My four year Bachelor’s Degree taught me very little about areas such as business skills or marketing
- I was taught that its best to get a job, rather than to learn about passive income business models, where you learn ways to make your money work for you.
- At the time, I did not have sufficient capital or backing to open up my own pharmacy.
Now this is my experience and I know many other colleagues who have had enormous success with their pharmacy degrees. I guess it was my destiny to be where I was.
Nevertheless, I firmly believe that there is a reason for everything. Coming to the present moment, things have changed. And they have changed for the better.
I have learned to build an online business that is not related to my qualification.
Why am I telling you this?
The same reason that I was telling my friend – To emphasize the point that it is possible to get rich WITHOUT having a college degree. You should have seen the glow on his face when I told him that part.
This article is for people who are looking to earn money or find themselves in the following situations
- People who have failed matric
- People who have a qualification but are unable to find employment
- People who have a job that is not paying very well
- Anyone looking for a more solid and sustainable source of income
Can you Show me a Legit way to Getting Rich?
This was my friend’s next question. Sure, I can suggest some ways by following the traditional path. Here are 3 of them:
- Rental Property
- Invest in a Start-Up Business and become a Silent Partner
- Build a portfolio of stocks and shares
Honestly, my focus is on none of the above at the moment. Sure in time, they will be a part of my portfolio. I am a firm believer of a diversified portfolio.
I told my friend, that I will show him the same legit, business model that I followed on one condition. That he understands 2 fundamentals concepts of this online business.
- It is NOT A GET -RICH SCHEME
Yes, there are plenty of them out there. You probably have seen them on Facebook. Ads asking you to just make one payment of $18 and soon the dough starts rolling into your account.
I don’t mean to turn you off from these opportunities. By all means, give them a go. You may even make some quick bucks. But that’s not what you are after, is it?
You want to make some serious money and want to have a business that can generate returns for years to come, right?
2. Have Patience, Persistence, and Dedication
The main reason that a scam really thrives these days, is because they promise immediate fortunes on very little effort. This can seem all very tempting, but the truth is that it is just a mirage.
It does not exist, you want to believe in it, but when you come closer, you find that there is nothing there.
A legit way to ascertain success without a college degree would require some patience on your side as well as perseverance.
Trust me, when you take on this path, it will be exciting and fun. You will get to learn new things along the way, which will require your patience, as it will take some time to learn and build upon the concepts you are taught.
If you are up for these challenges, I would say then, it is just a matter of time after which you will begin to reap the rewards.
A ray of hope was shining on my friend’s face and it was something special to see. He was curious to know something else…..
Why did I choose an Online Business Opportunity?
Here are 7 awesome reasons:
- It’s cheaper to start than a conventional business(read more here)
- It’s overheads are low
- You can start it right away
- It’s Free to trial
- It has a solid support structure and this one is in existence for over 12years
- Its has top notch training
- Its is built around YOUR PASSION or INTEREST
So, what is my NR1 Online Business Opportunity all about?
It’s all about Affiliate Marketing
This folks, is a simple concept, whereby you the affiliate, promotes products or services via your website for other companies and earn a commission as and when people buy them.
For affiliate marketing to work, you would need:
(a) A Website – This is the least of your worries as I will show why, later on.
(b) A Passion or Interest– To build your website around. My passion is helping people to make money by building their own business. It’s truly rewarding and inspirational to hear their success stories.Yours can be fishing, or camping, or model air planes or even selling comic books online. The choices are endless.
(c) A Willingness or Drive – They say if you can dream it, you can build it. Well, what are you waiting for? Start building your dream, today.
Afffiliate marketing works. I can vouch for it personally. I have seen lots of people making good money with this model.
Check out this article, to see ordinary folks, without qualifications or degrees, make their online dreams come true with affiliate marketing.
⇒6 Affiliate Marketing Success Stories, You can Make it a Success⇐
How can I become an affiliate marketer?
Simple. Just sign up with the same online platform, that learned it through. I will NOT promote something that I have not tried out myself.
The company is called Wealthy Affiliate. Upon joining them, this is what you get:
- 2 FREE Websites
- Awesome step-by-step training
- 24 Hour support and site back-up
- 10 lessons to start your online journey
- An interactive community that is one of a kind
- FREE TRIAL, no credit card info needed.
You’ve got absolutely nothing to loose but to give it a go. It can be a start of an exciting career.
You can sign up directly or you can read my detailed review of Wealthy Affiliate, to learn more.
Can you become rich without a college degree? I have built two successful websites and have witnessed successes of other folks who don’t hold college degrees.
In fact, within this community, there are people as young as 16 years old, building their own affiliate marketing businesses.
In case you’re wondering what happened to my friend. We departed on high notes and I could see that he was glad that we had met. Whether he signs up or not, the choice is his.
I really appreciate your time today. You have been amazing.
All the best to you and the family for 2017.
4 thoughts on “Can you get Rich without a College Degree or is it just a Fallacy?”
Hi Roopesh. I have never believed in get-rich-quick schemes. For me there is no such thing. Like you I also believe that it takes a lot of dedication and persistence to achieve success in any endeavor, much more when you are embarking on an online venture.
Affiliate marketing is the way to go, specially for newbies who want to be able to build a successful online business. It takes away the burden of having to create your own products and still allow you to earn well. This is a great post Roopesh.
Thanks for the comment. Yes, affiliate marketing has a number of advantages and the one that you highlighted is a great one. You have no hassles of having to market your own product or even concern yourself with the shipping of the product.
Glad you liked the post.
I really like your story it was very interesting to read. I agree 100% that a degree isn’t necessarily going to guarantee financial freedom. Is it really possible to get rich from affiliate marketing or even make enough to support a family for that matter? How long does it take? What could I expect to make in the first year?
Thank you for visiting.
It is possible for one to make an extremely comfortable living from affiliate marketing. How much one makes and how long it will take will depend on a number of factors.
Things like , how much time you put in, the niche you select, it can take anywhere from 6 months to a year to get your business off the ground.
Remember, you are building a solid online business, this will take time for you to learn new skills.As I mentioned in the article, you need to give it some time and put in some effort.
Hope this answers your questions.