How To Get A Good Job After 50.
(Updated 18 February 2018)
The best way to get a job after age 50?
In my view, don’t beg someone for a job, make your own!
“The best way to predict the future is to create it.”
This quote is credited to both Abraham Lincoln and Peter Drucker,
A recent. popular article I published on the very subject has inspired a lot of emails and comments to me.
If you haven’t read What To Do If Unemployed After 50 go ahead and read it now.
I’ll wait right here for you.
Here are at least 5 ways you can earn at home, and earn well over the median US salary, and never again have to beg anyone for a J*O*B.
Some of the Many Proven Ways To Make More At Home.
1. Affiliate Marketer
This is one of my favorite (non-job) jobs. For those unfamiliar with affiliate marketing, it’s simply fees paid by the seller of some product to bloggers (or other online influencers who refer customers to the sales page of the product.
If the referral (or lead) decides to buy, after n=being sent to the sales page by your “referral link”, you get paid a commission.
These commissions are often quite generous … 50% of the sales price is not uncommon.
And you, as the affiliate marketer invest nothing and do very little work to earn that commission.
You don’ have to buy any product, stock any product, ship out any product, take returns of any products, provide any customer support .. basically nothing except recommending the link in the first place.
This is one of my most highly recommended ways of earning. Little or no investment, huge breadth of opportunities and little chance the method is ever going to die out in the foreseeable future.
Believe it or not, you don’t have to be a CPA to start bookkeeping.
Just sign up for a bookkeeping course at a community college or even online (such as this course from The Accounting Coach). Once you complete a course, you can start earning, and the median salary is reported to be in the range of $34,000.
Some stay-at-home bookkeepers I’ve spoken with are making more than $70,000.
With today’s online accounting tools. you can live anywhere and work virtually any hours you please.
Blogging is inexpensive and easy to start doing. It could be as simple as you just writing about your favorite music or food, and eventually, you can start generating money from your site.
Sometimes, though, it seems like “blogging” is saturated or “dead” and not viable anymore.
At one time it seemed that everyone and their cat were blogging, and no one does it anymore.
Well, there may be plenty of people saying that, but most of those people don’t know what blogging is really all about, and don’t know the “secret formula” of blogging. Here are some tips:
- You have to be personable. Write as if you are talking to a friend, not as a college professor.
- You have to write about things your audience wants to hear. Don’t know? Then ask.
- You have to write about things that are monetizable if you want to make money yourself. Almost anything can be monetized, but you may have to be clever about it.
- You must be patient and persistent. Most “overnight successes” in the blogging game took years to succeed.
If you still think it can’t be done, take a look at a few examples:
This is the product of a long-time blogging colleague of mine, Darren Rowse. Back in 2006, Darren got a then state of the art digital camera and wanted to learn to take better pictures.
Like me (a long-time USAF Technical Instructor) Darren knew that the best way to learn is to teach, so he started Digital Photography School. Darren doesn’t publish earnings date for this site but traffic tracking tools and other data tells me this site alone if easily earning north of $500K per year. Not bad pay for helping people take pictures.
Or take a look at my colleague Michelle. She went to school for a degree in finance and then landed a good job as a financial advisor. Couldn’t take the office environment, didn’t like putting other people’s money at risk, so she up and quit.
She started a blog called “Making Sense of Cents” and the rest is history. Michelle publishes regular income reports. In 2018 she reported over $1,500,000 USD income. Not bad for a woman less than 6 years out of college who lives on a sailboat and mainly counsels people on how to save money and how to blog successfully.
(Hmm, notice, once again that “teaching” theme?)
Just keep in mind that you need to be patient when it comes to cashing in on your blog. If this is something you want to pursue, check out this frees guide.
If you have experience and knowledge in a specific area, then consider sharing it with others.
For example, if you’re an accountant or lawyer, then you can provide advice to small businesses for a pretty penny.
You could also consult businesses on how to use a new software program or how to become more environmentally friendly.
Once again, “teaching” or guiding others to do something complex to them, but simple to you is the key.
And hey, don’t think because I mentioned accounting or law a few sentences back that consulting gigs are only for fancy degree professionals.
A few days ago I watch a Youtube video from a truck driver. I’ve had plenty people write to me and say ‘Truck driving’s all I know” … as if being a professional driver, or especially an owner-operator is “nothing”,
Well, folks, it is a long way from “nothing”.
I watched this experienced owner-operator, using his sleeper cab on the truck as a studio, taught me in less than 15 minutes how to evaluate the profitability of ake certain loads, refusing others and how to plot out a whole monthly profitability plan … even if you don’t know what work you’ll be getting later in the month.
Great stuff and all his teaching materials were handwritten paper briefing slides.
Why did this guy make such an impression on me (I’m not really all that interested in trucking)?
Because he so obviously knew his business (he drives 10,000 miles a month) and he picked a real-world issue and broke it down into simple rules of thumb.
I don’t know how long this fellow intends to keep driving for a living, but one thing I know he could do right now, for zero investment, is to make more Youtube videos … something I’ll cover here next.
Here’s a great consulting guide to get started.
5. Produce Videos.
Yes, videos for that thing called Youtube. What’s that you say? You don’t think there’s money to be made there? No matter who you are or where you live you can start a Youtube channel on almost any legal subject. If you attract viewers you can make money. Quite a bit of money, actually. Consider this:
Every day, five billion YouTube videos are watched around the world. And they’re not just being watched — they’re being devoured. The average YouTube session by any one viewer is roughly 40 minutes, up 50% from the previous year, according to Omnicore.
If only there was a way to make money off of a website people spend so much time on. As a matter of fact, there is! A few ways, actually, and the proof is in the people (and businesses) who’ve cashed in on their video strategy. Courtesy of Hubspot
What Do You Need?
An idea, a strategy, a cheap camera (even a decent cell phone camera will do to start, free video editing software and the Youtube platform … totally free to use.
Two ways you can make money on Youtube.
There are two ways to earn money on YouTube:
Be an advertiser or be an ad platform.
As an advertiser, you pay YouTube for different types of ads that get your videos in front of potential buyers.
Now at first, you are likely scratching your head. How can you say “make money” when you have to pay for ads on Youtube. You do have to pay, don’t you?
Well yes, indeed you do have to pay. But the purpose of your ads will be to drive traffic and “warm prospects” to one of your affiliate offers or (even better) to a product you create and own … say a video course in how to use Excel spreadsheets or how to become a successful trucking owner-operator.
Youtube’s reach into the world population is HUGE. Dwarfing audiences like Superbowl fans or those who tune in every day to see whose ass is the largest on the Kardashians. If you have a product to sell (or a product you are affiliated with which pays nice commissions) you can certainly make money using Youtube ads to drive traffic and prospects.
As An Ad Platform:
Instead of buying ads, you produce content and other people pay Youtube for ads they place on your videos.
Your “content” can be almost anything, from silly cat tricks to how to start p a car that’s been in storage 30 years.
One currently popular genre is a group of guys and gals who resell products on eBay.
They produced daily videos … often an hour or more in length, just showing what orders came in overnight and showing how they pack and label products that are going to be shipped out to purchasers.
Does that sound boring?
Yep, even more boring than watching paint dry to me … but guess what?
Some of these guys have 50,000 or more folks subscribed to receive notifications of every video the publish, and they are earning several thousand a month for their share of the Youtube advertising revenue their videos generate.
So, there are five current and proven ways you can earn a full-time income (or more) at home.
All require little or no investment.
Most can be done from anywhere (In case you want to retire overseas and save 40% or more on your monthly cost of living).
None require professional degerees or licensing.
So what else would you like to know about:
How To Get A Good Job After 50.