{This is Part 1 of a 2-Part Series}
The question is, what do you do for your career?
Do we go after money, or what we know? Or do we follow our passions? There are so many options to choose from!
Well, to find true wealth – financially and beyond – the answer is, ‘yes.’ You will likely want to be cognizant of all of these things.
The best careers often offer high earnings, but with low stress and flexible schedules. Doesn’t that sound like a good combination?
Well, Randstad USA runs data regularly on what these careers are. They run a “hot jobs list” that essentially looks at the number of candidates interested in a type of job vs. the number of jobs available for that title. The higher the ratio, the hotter the job.
“Of these jobs, the ones with the highest salary and the lowest hours—and possibly the most stress-free—would be the easiest to become wealthy.
I mention low stress because when you get paid to put in less time you’re able to focus on other endeavors. For enterprising people this will mean hobbies that may one day turn profitable, the opportunity to focus on investing their capital into appreciating assets or even side-work if they’re particularly dedicated to what they do.
Seasonal careers are especially great for allowing for amplification of wealth through other endeavors (which is why accountants are on the list below).”
Here are a few of the careers (no particular order) that fit into what is mentioned above:
- Pharmacists
- Physicians
- Mobile app developers
- Web developers
- Process engineers
- Data scientists
- Accountants and financial auditors
- Hospitalists
- Machine operators
- Maintenance technicians
“It takes an enterprising person to accumulate wealth. It’s not all about the job, but a low-stress and high pay job coupled with a really driven person is certainly a likely recipe for success.” – Randstad USA
| Career | Salary | Job:Candidate Ratio |
| Pharmacist | $112k | 2.6 |
| Physician (General) | $221k | 10.1 |
| Mobile App Developer | $106k | 6.1 |
| Web Developer | $80k | 2.1 |
| Process Engineer | $76k | 2.3 |
| Data Scientist | $100k | 3.6 |
| Accountant/Auditor | $70k | 3.1 |
| Hospitalist | $175k | 100+ |
Source: Randstad USA
Many of these are outstanding options to consider, but do require a certain education. However, some careers, especially those covered in Part 2 as well as the developers can be learned and started at any time (not to say going back to school is impossible, but you get the point).
Podcast guest, Barrett Brooks, says that he is teaching himself coding right now so that he can be as valuable as possible in any realm.
There are a 3 key industries that I tell anyone to really focus on, and you can see it proven in the data above:
- Health
- Wealth
- Technology
You can argue that there are other very important sectors (i.e. energy, education), but these are the top 3 sectors to focus on in my opinion. They’re growing and changing at faster than ever rates, directly impact people, and are important for each and every person. If you put those three things together, they are highly lucrative.
The world is aging, the need for financial education and freedom is as wanted as ever, and we’ll still be in the technology boom for centuries to come.
But stay tuned for Part 2, where a few experts and I talk more specifically about the specifics of what you want to learn and do to become massively wealthy.
Action Items:
- Check out Randstad US’ “hot jobs list” and job search.
- Share this with someone you know who is trying to figure out what industry or career path to choose!
