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POTENTIAL EARNINGS
Unlocking Your Potential Earnings
Potential earning is what one can earn to the fullest with respect to his capacities or abilities, education attained, and chosen field or industry in which a person applies himself. His potential earnings tell him when investment in a career or business is worth it.
Factors Affecting Potential Earnings
1. Education and skills
2. Industry and demand
3. Experience and Performance
4. Location and market rates
How to Increase Potential Earnings
1. Investment in education and enhancement of skills.
2. Choosing high-growth industries
3. Building relationships via networking
4. One must negotiate salaries.
5. Entrepreneurship
Potential Earnings by Profession
1. Software Engineer: $100,000 - $250,000/yr
2. Data Scientist: $80,000 - $200,000/yr
3. Physician: $200,000 - $600,000/yr
4. Investment Banker: $100,000 - $500,000/yr
