The secrets to catapulting yourself to the top 1% in life, is actually simple.Ā Iām talking the top 1% in the following areas:
Top 1 Percent was created to help you catapult your career into the top 1% of all income earners nationally.Ā We do this through an all-day class with the same name. We conduct this class privately to small groups, typically a single company or a few companies getting together.
Itās trendy to rage against theĀ top 1% nowadays, even though the economy has recovered quite well since the 2009 lows. To be among the top 1 percent of U.S. earners, a family needs an income of $421,926, a new report from theĀ Economic Policy InstituteĀ finds.
However, the threshold varies significantly among states. In Connecticut, for example, you need an annual income of $700,800Ā to be in the 1 percent. In New Mexico, you only need $255,429. Keep in mind that these numbers just represent the threshold ā the average income of the top 1 percent nationwide is $1.32 million. The bottom 99 percent, on the other hand, earn an average of $50,107 a year.
Texans annual income (for example) required to just make it into the top 1 percent:Ā $440,758. Average annual income of the top 1 percent: $1.34 million.Ā Thatās more than seven times the median household income that year of $54,000. The 0.1 percent, 160,000 families, in 2014 made at least $1.5 million a year. The top 0.01 percent, 16,000 families, had annual income of $7 million.Ā
The average company in the top 1 percent of income has $7 million in sales and 57 employees, according to the research. āIf that firm has, say, a 10 percent profit margin to split between two owners, itās enough to put someone in the top 1 percent category.ā To reach the top 0.1 percent of income, the average company has $30 million in sales and 150 employees.
Steve Patrick does both private courses and public courses ā some free and some paid classes. To see upcoming classes, dates and locations, click the site link below.Ā
If youād like Steve to come to your city and do a class, reach out by clicking below.
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