£5000 per week?

Author
Discussion

anonymous-user

55 months

Sunday 27th December 2015
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I think OP has got the answer in front of him but if he cant be arsed to pay the Institutes fees there's not much hope TBH

pingu393

7,852 posts

206 months

Sunday 27th December 2015
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stuartmmcfc said:
Wacky Racer said:
An American investment banker was at the pier of a small coastal Mexican village when a small boat with just one fisherman docked. Inside the small boat were several large yellowfin tuna. The American complimented the Mexican on the quality of his fish and asked how long it took to catch them.

The Mexican replied, “only a little while. The American then asked why didn’t he stay out longer and catch more fish? The Mexican said he had enough to support his family’s immediate needs. The American then asked, “but what do you do with the rest of your time?”

The Mexican fisherman said, “I sleep late, fish a little, play with my children, take siestas with my wife, Maria, stroll into the village each evening where I sip wine, and play guitar with my amigos. I have a full and busy life.” The American scoffed, “I am a Harvard MBA and could help you. You should spend more time fishing and with the proceeds, buy a bigger boat. With the proceeds from the bigger boat, you could buy several boats, eventually you would have a fleet of fishing boats. Instead of selling your catch to a middleman you would sell directly to the processor, eventually opening your own cannery. You would control the product, processing, and distribution. You would need to leave this small coastal fishing village and move to Mexico City, then LA and eventually New York City, where you will run your expanding enterprise.”

The Mexican fisherman asked, “But, how long will this all take?”

To which the American replied, “15 – 20 years.”

“But what then?” Asked the Mexican.

The American laughed and said, “That’s the best part. When the time is right you would announce an IPO and sell your company stock to the public and become very rich, you would make millions!”

“Millions – then what?”

The American said, “Then you would retire. Move to a small coastal fishing village where you would sleep late, fish a little, play with your kids, take siestas with your wife, stroll to the village in the evenings where you could sip wine and play your guitar with your amigos.”
A wise story. It's a pity more of us don't practice ir smile
I'm not a Mexican fisherman, but I am a sameday courier wink.

Who needs £5k per week? smile.

[edit: lack of security is a downside, though]

Edited by pingu393 on Sunday 27th December 21:02

jeremyc

23,566 posts

285 months

Sunday 27th December 2015
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swerni said:
coyft said:
Give me £5k and I'll tell you. wink
I think this offer is more preferable than going for a beer with Beeston wink
This could be the best £5K you'll ever spend OP. My advice is to invest a further £5 and have that beer with Jamie also. smile

wavey

JamieBeeston

9,294 posts

266 months

Sunday 27th December 2015
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jeremyc said:
swerni said:
coyft said:
Give me £5k and I'll tell you. wink
I think this offer is more preferable than going for a beer with Beeston wink
This could be the best £5K you'll ever spend OP. My advice is to invest a further £5 and have that beer with Jamie also. smile

wavey
and in one quote you have likely the top 3 guys I know on PH to seek advice from about growing business value!


Hoofy

76,440 posts

283 months

Sunday 27th December 2015
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andrewjames said:
You want to earn £5k a week?

Become a window cleaner wink
You mean one of those guys in an indian call centre who phones you up to say you've got problems with your OS and they can fix it if you let them remote login?

essayer

9,094 posts

195 months

Sunday 27th December 2015
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The best way is to build up a business and then sell it. With luck, averaged over time, that should net you well in excess of £5k/week smile

northwest monkey

6,370 posts

190 months

Monday 28th December 2015
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jimothy said:
DanL said:
98elise said:
Agreed, but a top PM on large projects could get 1k per day.
PM on financial IT projects could achieve that too, if they were good.
Having worked in the banks as a developer I can say with confidence you can earn £1k a day as a project manager without any abilities whatsoever and indeed be of negative value to the team.
A mate of mine is a PD & that is very achievable. Slightly more for a short-term (up to 3 months) project.

GT03ROB

13,283 posts

222 months

Monday 28th December 2015
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anonymous said:
[redacted]
Well not O&G, unless you are out in places like this. Most top PMs or PDs are staff anyhow not contract, so rates per day don't come into it.

Technical specialists it's possible

daemon

35,878 posts

198 months

Monday 28th December 2015
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98elise said:
My 3 step plan...

1. Become a Project Manager
2. Become a good Project Manager
3. Go Contracting

This will see £1k per day if you are good enough.
+1

Theres £1K per day in contracting if money is your sole aim, however it'll be high pressure stuff and hugely demanding and you'd need to be the best of the best with a proven and demonstrable track record of delivering big projects on time and on budget.

I'm in IT contracting and earn a very comfortable living but i dont aspire to the sort of roles that commands that sort of day rate.


anonymous-user

55 months

Tuesday 29th December 2015
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1k a day is fairly easy to get as a specialist or PM/PD overseas when the oil price is good, more difficult today, but I still know people signing contracts on that and more, Senior Navel Architects in Singapore are on around 2.5 a day, long contracts direct hire deals with major operators on large jobs, as I've said on other threads I'm talking big projects 1B GBP plus not 50 K computer projects.
If you take holidays then 1K a day is 220,000 a year. and this is gross no extras, sort out your own accommodation, flights, pensions etc, I've never known any one on staff get 1K a day as then the company provides all these extras, staff jobs are normally UK salary plus uplift, tax adj, car, accommodation, so salaries are not big.

GT03ROB

13,283 posts

222 months

Tuesday 29th December 2015
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Berw said:
If you take holidays then 1K a day is 220,000 a year. and this is gross no extras, sort out your own accommodation, flights, pensions etc, I've never known any one on staff get 1K a day as then the company provides all these extras, staff jobs are normally UK salary plus uplift, tax adj, car, accommodation, so salaries are not big.
Correct big difference between staff take home & contract "take home".

DanL

6,233 posts

266 months

Tuesday 29th December 2015
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Berw said:
I'm talking big projects 1B GBP plus not 50 K computer projects.
To clarify, I wasn't talking about a £50k project either. wink Multimilion pound IT renovation projects at banks are what you would be looking at for 1k a day.

Hoofy

76,440 posts

283 months

Tuesday 29th December 2015
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To be honest, I think the OPer's target is quite conservative.

I just received an email from ClickBank:


Our goal here at ClickBank is to help entrepreneurs all over the world achieve their financial goals with their online business.

To help you with this mission, we like to keep you up-to-date with the most cutting-edge marketing methods available.

That's why we want to introduce you to Adam Short, one of our very successful clients who has been generating over $107,000 per month online since 2007.

Don't miss the opportunity to sign up for this case study training here.

In fact, he was traveling for all of 2014, yet his niche business still brought in over $1.2 million in profit.

Some of his students are using it to generate up to $18,000 per month from a single niche website!



I am resisting every fibre of my being to reply with "What utter bullst".

98elise

26,711 posts

162 months

Tuesday 29th December 2015
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anonymous said:
[redacted]
PM on a large IT project could achieve 1k per day.

GT03ROB

13,283 posts

222 months

Tuesday 29th December 2015
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anonymous said:
[redacted]
Gross & contract?

Weary of internet morons

1,339 posts

185 months

Tuesday 29th December 2015
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MrFappyFappy said:
JamieBeeston said:
Learn to kick/bat/club a ball around better than 99.99% of other people!

Otherwise grow up and educate yourself in a career path that could facilitate this easily (Financial or Medical to name a pair!)
I'm 30 years old. I'm too old to be a competitive sportsman, I can't stand blood, disease or death and I'm unwilling to sell my sole and every waking hour as an investment banker.
Surely there is a spelling mistake here?










Shouldn't it have read 'walking'?

johnwilliams77

8,308 posts

104 months

Tuesday 29th December 2015
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Weary of internet morons said:
MrFappyFappy said:
JamieBeeston said:
Learn to kick/bat/club a ball around better than 99.99% of other people!

Otherwise grow up and educate yourself in a career path that could facilitate this easily (Financial or Medical to name a pair!)
I'm 30 years old. I'm too old to be a competitive sportsman, I can't stand blood, disease or death and I'm unwilling to sell my sole and every waking hour as an investment banker.
Surely there is a spelling mistake here?

Shouldn't it have read 'walking'?
No

Trophy Husband

3,924 posts

108 months

Tuesday 29th December 2015
quotequote all
I've read through the whole of this thread with some enjoyment. Especially the idea that a freelance project director in civils could do a grand a day! Top money in this/my game is £650-700/shift. For that you've got to do what it says on the tin, immediately. These guys are very few and far between. I've worked with a few and whilst I've learned a lot from them, I'm not them!

I've been a civil engineer for getting on 30 years and it's a brilliant way to make a living. You get to walk in the shadow of Telford and Brunel and leave a built legacy that many others do not get to leave in their choice of work. It's a vocation or at least it should be.

In my opinion if you're searching for £5,000/wk you need to think about bending over.

GT03ROB

13,283 posts

222 months

Tuesday 29th December 2015
quotequote all
Trophy Husband said:
I've read through the whole of this thread with some enjoyment. Especially the idea that a freelance project director in civils could do a grand a day! Top money in this/my game is £650-700/shift. For that you've got to do what it says on the tin, immediately. These guys are very few and far between. I've worked with a few and whilst I've learned a lot from them, I'm not them!

I've been a civil engineer for getting on 30 years and it's a brilliant way to make a living. You get to walk in the shadow of Telford and Brunel and leave a built legacy that many others do not get to leave in their choice of work. It's a vocation or at least it should be.

In my opinion if you're searching for £5,000/wk you need to think about bending over.
It's the normal PH response!

There are civil & O&G PDs out there that are staff & earn considerably more than 1000/day, but they are about as representative of the norm as Messi/Ronaldo's earnings are of typical professional footballers

21TonyK

11,553 posts

210 months

Tuesday 29th December 2015
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Answering (rising to) the Ops question. Cash? Drugs, prostitution or pubs and restaurants.

Other than that work hard, very, very hard. Pay your taxes and get lucky.

Or become a politician.