What are the highest paying jobs?
The #1 highest paid profession is an entertainer. That means, actor, singer, popstar, athletes, band member, model. Anything that gets paid on its ability to entertain. Very hard to attain. If you're willing to put in the work and walk the walk instead of just talk the talk, then go for it if you are very concerned about having a lot of money. Keep in mind, your life will be in the public spotlight, every time you decide to do something foolish, the world will know and it will affect your ability to make money in your profession.
The #2 highest paid profession is... what? The president of the USA? Brain surgeons? Nope. It's sales. Many salesmen or women like to think of their job as being similiar to being an entertainer, or more commonly, as an actor. You have to know how to act your a$$ off in order to make sure that the person your trying to sell something to is going to like you enough to want to do business with you. Especially when a lot of sales take place on-the-spot. The idea most of the time is to say all the right things to sell the product before the customer has time to really go home and think about whether this purchase is the right idea or not. But not only that, you have to build value in whatever your selling because most of the time there will be a return policy in effect. But if you want to make a lot of money, but don't know if you can go up against guys like Brad Pitt, then you can still make a lot of money.
According to Money Magazine, people who start their own business earn 5 times the national average.
In terms of those who earn the most money for a career or employee position, it's hedge fund managers who take the cake, followed by CEO's of large corporations and then following those it's leaders in entertainment, sports, and media.
If you're after money, starting a business gives you the best chance of serious wealth. Also from Money Magazine, I read 90% of people with a net worth of 5 million dollars or more got their money from starting a business or from being among the first working for a small business that grew much larger.
All true but there is a lot of risk in starting a business. Most small businesses fail in the first 5 years.
I know from experience that running a small business is a lot of work. Don't expect it to be a 9-5 job. I've worked 80+ hour weeks running a small business that ultimately went out of business and I ended up loosing money in the process.
It depends on your efforts.