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Anyone earns 500/h?

limewater

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Sep 26, 2021
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I'm researching high hourly gigs (not necessarily high amount of hours).

i.e. I'd be cool making 50K a year if it's at a rate of 500/h.

Does something like this exist ?
 

massman

Well-known member
Sep 8, 2001
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I'm researching high hourly gigs (not necessarily high amount of hours).

i.e. I'd be cool making 50K a year if it's at a rate of 500/h.

Does something like this exist ?
Some consultants/ lawyers bill > 500/ hr Though you’ll need decades of training and experience, and be the top of your field, and highly sought after

And you’ll find zero% of these professionals that only work 100h/ equivalent of 2.5 regular work weeks / year.
Plus, if you are only going to work 100h per year, your personal expenses (entertainment, sports, hobbies) are going to run you > 50k a year!!
 
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Anbarandy

Bitter House****
Apr 27, 2006
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That's the starting rate in the GTA area for graduates, fresh out of the intensive and exhaustive 4 hour real estate school program.

After 1 month, rate jumps to $50,000/hr.
 
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poker

Everyone's hero's, tell everyone's lies.
Jun 1, 2006
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Niagara
Body and face but not the right gender. I'm a male.

I was thinking amateur interior design for rich people but I'm not qualified.
Art critic.
 

versitile1

Well-known member
Jan 15, 2013
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Also, I know of a couple guys that own an IT consulting company. They charge a pretty penny when they have to make “house calls”. You could start up some cloud servers, charge a monthly fee for storage, and when companies/clients need networking/hardware upgrades, you could rake in some serious coin. Again though, more than 100 hours per year work.
 

limewater

Active member
Sep 26, 2021
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I was thinking rich wife and her rich dad gives me a job too lol, but unsure where to meet them and tell them I'm unemployed, haha. And that my life is just going for walks, eating, TV, 1 SP a month and sleeping.
 
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limewater

Active member
Sep 26, 2021
103
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Also, I know of a couple guys that own an IT consulting company. They charge a pretty penny when they have to make “house calls”. You could start up some cloud servers, charge a monthly fee for storage, and when companies/clients need networking/hardware upgrades, you could rake in some serious coin. Again though, more than 100 hours per year work.
Don't have cash to invest in cloud servers. I want to provide a service, not a product or rental use of a product. Basically, something that requires only my time and skills, but not my money.
 
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versitile1

Well-known member
Jan 15, 2013
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Don't have cash to invest in cloud servers. I want to provide a service, not a product or rental use of a product. Basically, something that requires only my time and skills, but not my money.
Pretty much every business has start up costs. But it’s never stopped anyone successful. Key is keeping them minimal at first. Is this a skill you already have? Training, equipment, advertising, insurance, all cost money.
 

limewater

Active member
Sep 26, 2021
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What skills do you have? That would be a good starting point.
Seeing SPs and writing reviews. But I can learn any skill quickly if the job is less than 20 hours a week and I can earn 50K a year. Previously, I used to be an Engineer (Degree'd). I deally I'd like to work 10 hours a week but unsure if that's realistic.
 

Drakarys

Well-known member
Apr 2, 2021
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Tying amount of money you'll earn to time spent is counter-productive. It can only set limits.

Charging for service or asking for % is a better way to go.

Look at real estate agents as an example. Listing agent will spend under 10 hours of actual work to sell a house. If agent's commission is 1% or higher and a price of a house is 1M+ then total earnings will be over 10K+ plus HST.

Some construction jobs may earn just as much, but you'll have to invest, risk and hustle to make that kind of $$$.
As an example: house was bought for 1M. 150K was spent in reno. 2 months later the house is on the market again and sells for 1.6M (this is an actual true example from recent days)

Bottom line is: you have to make things happen. Nothing just fall in your lap.
 

stinkynuts

Super
Jan 4, 2005
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I am a professional blackjack player. And while over ten years, I made over half a milion dollars, playing for 5,000 hours (making $100 an hour), it is possible to make $500 an hour playing blackjack profesionally. However, to make that kind of money you would need a massive bankroll (hundreds of thousands of dollars) to withstand the fluctuations. Also, you wouldn't last long, especially if not playing with a teammate, as you will be caught by surveillance and banned from most casinos in a very short time.
 

limewater

Active member
Sep 26, 2021
103
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Industries I'd actually enjoy working in are Finance, Media, Fashion, Athletics (all my hobbies basically)
I don't know what roles in these industries would hire an Engineer without experience.
I know the big money is in Tech, Law & Medicine but I'm not qualified nor interested, even for the money, to work in these 3.
 

NotADcotor

His most imperial galactic atheistic majesty.
Mar 8, 2017
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If it was that easy everyone would do it.
 

JuanGoodman

Goldmember
Jun 29, 2019
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And that my life is just going for walks, eating, TV, 1 SP a month and sleeping.
With those skill sets I'm surprised that you are not making 500 per hour already. :)

Two suggestions,

wait a while and inflation will be so high that $500 per hour will be minimum wage.

or if you find a gig that pays 500/hr why not work 100 hrs per week and make 5 million in a couple of years and retire from the rat race?
 
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