Guide On Ways to Earn 7 Figure Salary - India’s Largest Online Career Acceleration Platform (2024)

Introduction

Indeed, every person dreams of becoming a billionaire one day, either by earning from a full-time job or running a business.

First, let’s see 7 figure salary meaning –

“A seven-figure salary is an annual income of over a million dollars.”

The term indicates a salary significantly higher than the average and is typically earned by high-level executives, entrepreneurs, and individuals in high-paying professions such as medicine, law, and finance.

A seven-figure salary is a goal for many people and requires hard work, dedication, and investment strategies.

For any Indian middle-class working person, earning a 7 figure salary is the first step towards becoming a billionaire.

Moreover, this figure also starts increasing to 8 and even 9 depending upon a person’s aspirations.

Also read:Unlocking Opportunities: Your Guide to Landing a Banking Job after B.Com

In addition, many more prominent corporate companies and MNCs pay their employees seven or more than 7 figure salary and performance-based incentives every month.

Keep scrolling!

A typical 7 figure salary pays you anything around 10,00,000 to INR 99,99,999 per month in India. Crazy earning goals, right?

While on the other hand, it is equally challenging to grab a job that will pay a 7 figure salary. From writing a job-winning resume to cracking the interviews, a 7 figure salary demands a lot of employability skills from its aspirant.

7 Steps to Earn 7 figure salary within 7 Months

However, if you aspire to earn a 7 or more 7-figure salary within 7 months, you should follow these 7 great steps.

1. Study the market

You know what industry you belong to. Just make sure to study its know-how. Read magazines or online resources like Business Today to stay updated about the market. Ask yourself a few questions:

  • What makes the market great?
  • Future scope and growth?
  • For how long will it exist?
  • And most importantly, how long will you sustain in the market?
  • Next, which companies are open to job profiles from this market? Are you really planning to give it a try?

The above questions should force you to read and learn more to help yourself sustain in the market for a long.

See, the more aware you are, the better the chances of you becoming an expert and earning great for your expertise.

2. Ask an Expert

Experts who have experienced market players. Along with the research, count on seeking guidance from an industry expert. Ask yourself – Does your core interest lie in management? Do you look forward to earning a 7 figure salary?

It’s high time you take an expert’s advice. See how big management leaders managed to grow big, seek important tips and advice, and interact with them. In the end, you will get all your doubts cleared.

3. Upskill, update, upgrade

Every industry has its own parameter to gauge employees’ skills. Hone your existing skills and upgrade yourself by learning new ones.

With an evolving market, even you should evolve. Update your knowledge system and upgrade yourself to a better professional. Bag that 7 figure salary job through your excellence.

4. Shortlist the top companies

You might have come across top industry-leading companies.

These are some of which you have always wanted to be a part of. It’s time you start shortlisting them if landing a 7 figure salary job in one of those leading companies is your dream.

See how well they are playing in the industry and what the turnover is, their brand credibility and everything that will excite you. Now, don’t just dream; prepare to become one of those top companies.

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5. Learn how to approach

Along with excellence comes your approach. Build a job-winning resume, prepare your best for the interview, and bag that 7 figure salary job in your dream company.

Sounds easy, right? And It is! All you have to do is stand appealing among the hundreds of job applications they receive daily. Aspire to achieve through excellence.

6. Become an Expert in your field

By becoming an expert in your field, you can potentially earn a high salary as a speaker, author, or thought leader.

By publishing articles, speaking at conferences, and building your network, you can establish yourself as a respected authority and attract high-paying clients or speaking engagements.

7. Maintain, Sustain, and Earn 7 figure salary

It is important to maintain your position. Learn what can help you improve and progress. Everything nowadays has been replaced by advanced technology.

Keep yourself technologically skilled. All the challenges that come your way should help you find success in every step. Simply put, don’t settle for less. Aspire to an 8 figure salary package.

Whether you start your own business, invest in real estate, get involved in the stock market, or pursue a career in a high-paying field, there are many ways to reach this financial milestone.

The key is to find what works best for you and to work towards your goal consistently.

Also read:Pursuing a Banking Diploma Course after Graduation: Commerce Guide!

Conclusion

In conclusion, earning a 7-figure income is a realistic goal that anyone can achieve with hard work and dedication.

Remember, earning a 7-figure income is not a sprint but a marathon. It takes time, effort, and patience, but with a clear plan and the right mindset, you can reach this financial goal and live the life you’ve always dreamed of.

Expertrons Program is the best career transformation program where we train aspirants like you. Top companies will want to hire you if you get trained with us.

To summarise, you get top-notch career guidance, career hacks, and job referrals in top companies through Expertrons.

Guide On Ways to Earn 7 Figure Salary - India’s Largest Online Career Acceleration Platform (2024)

FAQs

What is a 7 figure salary in India? ›

A typical 7 figure salary pays you anything around 10,00,000 to INR 99,99,999 per month in India. Crazy earning goals, right? While on the other hand, it is equally challenging to grab a job that will pay a 7 figure salary.

What career gives a 7 figure salary? ›

Sales executives

Most sales executives earning 7 figures are those in technology and software. Sales reps often start at much lower salaries and even in different industries. However, as they gain more experience and perfect their skills, they have the potential to reach their 7 figure salary goal.

How do you make a 7 figure income? ›

Create products and services people need.

The products and services you offer have a direct effect on your earnings, and a 7 figure business is attainable if you focus on price, value, and demand. Consider high-ticket products, services, or packages to appeal to some of your most dedicated clients.

How much is 7 figures an hour? ›

As of May 9, 2024, the average hourly pay for a 7 Figure in the United States is $29.70 an hour. While ZipRecruiter is seeing hourly wages as high as $60.34 and as low as $17.79, the majority of 7 Figure wages currently range between $19.23 (25th percentile) to $30.29 (75th percentile) across the United States.

How is 50k salary in India? ›

50,000 per month is considered above average in India and can allow for a comfortable lifestyle for a single individual. However, in Tier-I cities, the cost of living is generally higher than in other cities, and expenses such as rent, transportation, and food can take up a significant portion of one's income.

What is the highest paid salary in India? ›

List of Top 10 Jobs in India 2024 with Salary Range:-
Job TitleAnnual Salary Range (in INR)
Commercial Pilots1.1 lakh – 84 lakh
Doctors and Surgeons1 lakh – 27.5 lakh
Data Scientists3.9 lakh – 28 lakh
Blockchain Developers2 lakh – 20 lakh
6 more rows
Apr 25, 2024

Is there a 10 figure salary? ›

10-figure net worth is one that is earned by making $1 billion or more in a year. This is an extremely high income, and only about . 05% of people make this kind of money. There are many different ways to calculate what a 10-figure salary actually is, but most professionals agree that it is around $1billion per year.

What is a 7 figure bank account? ›

5 figures$10,000 - $99,999
6 figures$100,000 - $999,999
7 figures$1,000,000 - $9,999,999
8 figures$10,000,000 - $99,999,999
9 figures$100,000,000 - $999,999,999
Dec 7, 2023

Is 7 figures considered rich? ›

A seven-figure job refers to the number of digits listed in your salary. This includes people who earn anywhere from $1 million to just under $10 million per year. Many people may consider this salary range to be well above average.

How many figures is considered rich? ›

Six figures can be anywhere between $100,000 – $999,000. Depending on where you live, six figures is considered rich by many people's standards. A top 1% income earner in America makes about $470,000 a year nowadays. Further, it takes at least $3 million to be a real millionaire now thanks to inflation.

How much money is a 7 figure sum? ›

When referring to "seven figures," this typically means an annual salary that falls between $1,000,000 and $9,999,999. This income bracket places individuals and families in a distinct financial category, generally associated with significant wealth accumulation and financial success.

What is $35000 an hour? ›

$35,000 a year is how much an hour? If you make $35,000 a year, your hourly salary would be $16.83.

What is $100 000 hourly? ›

$100,000 a year is how much an hour? If you make $100,000 a year, your hourly salary would be $48.08.

What is $55 000 a year hourly? ›

$55,000 yearly is how much per hour? If you make $55,000 per year, your hourly salary would be $26.44. This result is obtained by multiplying your base salary by the amount of hours, week, and months you work in a year, assuming you work 40 hours a week.

How much is 6 figure salary in India? ›

What is a Six Figure Salary? A six figure salary means you have a salary of six figures, i.e., Rs. 100,000 per month or more than that. Millions of candidates are trying to get a salary like that, but not all of them succeed in this highly competitive Indian market.

What is 5 figure income in India? ›

In terms of money, it means at least 10,000 and not more than 99,999 of whatever currency is being discussed (for example, “I'm sure that she earns five figures, but she isn't likely to earn six.” Six would be at least 100,000. It means a number with 5 digits.

What is a 10 figure salary? ›

10-figure net worth is one that is earned by making $1 billion or more in a year. This is an extremely high income, and only about . 05% of people make this kind of money. There are many different ways to calculate what a 10-figure salary actually is, but most professionals agree that it is around $1billion per year.

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