Career Path
Chief of staff career path
For many people, the Chief of Staff role is a dream come true. It is a role that offers unparalleled access to the upper echelons of a company, and allows you to be a part of major decisions and witness first-hand the workings of large, complex organizations. As a Chief of Staff, the possibilities are endless; you can learn the ins and outs of running an organization, and gain an invaluable breadth of knowledge. But where do you go after the Chief of Staff role? What is the career path that allows you to make the most of the experience you’ve gained?
In this article, we will be exploring the Chief of Staff career path. We’ll be looking at the potential career steps that you can take after the Chief of Staff role, as well as answer some common questions such as whether being a Chief of Staff is a glorified secretary, if it is a C-level position, how well it pays, and if it is a senior role. We’ll also be providing insights into the varied experience of different professionals who have been Chief of Staff in the past 10 years. So, if you’re wondering what lies ahead for you after the Chief of Staff role, read on for more information.
Chief of staff career path
For many aspiring professionals, the role of a Chief of Staff offers a unique opportunity to gain first-hand experience in the inner workings of an organization.
Chiefs of Staff are often the right-hand person of the most senior executive in the organization, and they are privy to the strategic decisions made by the executive team. They also provide direct support to the executive, and are often relied upon to make sure that tasks are completed on time and to the highest standard.
But what is the best way to get started in a Chief of Staff role? It can be difficult to determine the right career path to take in order to become an effective Chief of Staff. Fortunately, there are a few key steps that can help aspiring professionals make the transition into this critical role.
Gain experience in a variety of roles. The role of a Chief of Staff requires a broad range of skills and experience, so it’s important to gain experience in a variety of roles. This includes experience in management, operations, finance, human resources, and other areas that are essential to the success of an organization.
Develop strong problem-solving skills. Chiefs of Staff are often called upon to solve complex problems. Aspiring professionals should strive to develop strong problem-solving skills in order to be successful in this role.
Build relationships with key stakeholders. Chiefs of Staff need to be able to build and maintain relationships with key stakeholders in the organization, such as the executive team, board members, and other senior leaders. Aspiring Chiefs of Staff should focus on developing strong interpersonal skills in order to be successful in this role.
Learn the ins and outs of the organization. Chiefs of Staff need to be familiar with the operations and culture of the organization in order to effectively serve the executive team. Aspiring Chiefs of Staff should strive to understand the goals and objectives of the organization, as well as the processes and procedures that are in place.
Stay up to date on industry trends. Chiefs of Staff need to be aware of the latest industry trends and developments in order to provide the best advice and guidance to the executive team. Aspiring Chiefs of Staff should stay up to date on the latest news and developments in the industry.
Becoming a successful Chief of Staff requires a unique mix of skills and experience. Aspiring professionals should focus on gaining experience in a variety of roles, developing strong problem-solving skills, building relationships with key stakeholders, learning the ins and outs of the organization, and staying up to date on industry trends in order to be successful in this role. With the right approach, anyone can become a great Chief of Staff.
What is the next career step after Chief of Staff?
Serving as a Chief of Staff is a unique and challenging role. It is often the most senior position within an organization, and it requires a diverse set of skills and competencies. But after a few years, many Chiefs of Staff are left wondering what the next step in their career should be.
To help answer this question, our team conducted research on 1,000+ professionals’ work histories who were Chief of Staff at some point during their career in the past 10 years. We found that the majority of these individuals moved on to more senior roles in the same organization, such as C-suite executives or board members, or to a new organization altogether.
For those looking to make the transition out of the Chief of Staff role, there are a few strategies to keep in mind. First, it is important to showcase your performance in the role. Chiefs of Staff must demonstrate their ability to lead and manage teams, their capacity to think strategically, and their knack for problem-solving. This experience can be leveraged to move into a new role, either within the same organization or with a new employer.
Secondly, it is essential to demonstrate your expertise in specific areas. Chiefs of Staff often oversee the finance, legal, and human resources functions of an organization. To stand out from the competition, it is wise to deepen your knowledge in these areas and to have a track record of success in these departments.
Finally, it is important to develop a habit of taking ownership and responsibility for the outcomes of your work. As a Chief of Staff, you must be able to take initiative and make decisions without relying on your team. This demonstrates your ability to lead and makes you a more attractive candidate for future roles.
Overall, serving as a Chief of Staff is an incredible opportunity to gain experience and develop skills. But it is important to remember that the role is not a career end-point. With the right strategy, a Chief of Staff can use this experience to transition into a more senior role or to a new organization. So take the time to plan your next steps and make sure you are ready to take the leap. By leveraging your performance in the role, deepening your knowledge in specific areas, and taking ownership of your work, you can make a successful transition out of the Chief of Staff role.
Is Chief of Staff a glorified secretary?
When it comes to the role of a Chief of Staff (COS), the question of whether they are a glorified secretary or not is one that has been asked time and again. It’s a question that can be difficult to answer and one that can be met with some frustration by those who occupy the position.
The truth is that the role of Chief of Staff is a lot more than just a glorified secretary. To understand the role better, one must look at the definition of a Chief of Staff. A Chief of Staff is a professional who serves as a project manager, people manager, and strategic advisor to a leader. This role allows the leader to focus on the organization’s highest-level business priorities.
The responsibilities of a Chief of Staff are vast and varied. They are expected to attend executive meetings, pull together papers, organise strategic project information, and make sure that all OKRs and KPIs are on target. They also speak with the leader’s authority and act as an extension of them.
A Chief of Staff is expected to be a master multi-tasker and be able to switch between tasks quickly and effectively. They are expected to be an expert in the organization’s operations, have excellent communication and problem-solving skills, and be able to develop solutions to complex problems.
A Chief of Staff is also expected to be a leader in their own right. They are expected to be able to develop and implement strategies that align with the organization’s goals and objectives. They should also be able to stay on top of the latest trends in the industry and identify opportunities for the organization.
It is clear from these responsibilities that a Chief of Staff is far from a glorified secretary. They are expected to be a leader and an expert in their field. They are expected to juggle multiple tasks and be able to think outside the box.
So, if you are considering hiring a Chief of Staff for your organization, it is important to recognize the differences between a glorified secretary and a Chief of Staff. A Chief of Staff is expected to be an expert in their field, a leader in their own right, and an integral part of the organization.
Is Chief of Staff C level?
The chief of staff role is becoming increasingly popular in the corporate world. It’s a senior-level position that requires a high degree of strategic thinking, problem-solving skills, and the ability to manage complex situations. But is a chief of staff considered C level?
The answer is both yes and no. While the chief of staff is typically a senior executive, they don’t usually have the same title as the other C-level executives, such as the CEO, CFO, and COO. However, they are usually considered part of the C-suite, as they often work closely with the other C-level executives and can be an important contributor to the overall success of the organization.
What Is C-Suite?
C-suite, or C-level, is widely-used vernacular describing the upper echelons of a corporation’s senior executives and managers. C-suite gets its name from the titles of top senior executives, which tend to start with the letter C, for “chief,” as in chief executive officer (CEO), chief financial officer (CFO), chief operating officer (COO), and chief information officer (CIO).
Why You May Need a Chief of Staff
A chief of staff can be an invaluable asset to any organization, especially one that is growing and facing complex challenges. They’ll assist the CEO and work with other department heads like the CFO or CHRO. Level II chiefs of staff typically have an extensive educational background or experience that allows them to handle many types of responsibilities and important assignments. They’re strategic thinkers well-versed in problem analysis and resolution.
In addition to helping with day-to-day operations, a chief of staff can help solve conflicts between departments and ensure that everyone is working together to reach the organization’s goals. A good chief of staff will also be able to anticipate potential problems and take action to prevent them before they become major issues.
How to Find a Chief of Staff
If you’re looking for a chief of staff, you’ll want to make sure that you find someone who has the experience, skills, and qualifications to be successful in the role. Look for someone with a background in business management, human resources, or a related field. They should also have a proven track record of success in their previous roles.
You should also consider the individual’s interpersonal skills when deciding who to hire. A good chief of staff should be able to effectively communicate with all levels of the organization, build relationships with stakeholders, and collaborate with other departments.
Finding the right chief of staff is essential to the success of any organization. They can help ensure that everyone is working together, provide strategic guidance, and take action to prevent potential problems. While they may not have the same title as other C-level executives, they are an important part of the C-suite and can be a great asset to any organization.
Does Chief of Staff pay well?
Chief of Staff is one of the most important roles in any business, and they often earn an impressive salary. The average Chief of Staff salary in the United States is $286,971 as of January 26, 2023, but the range typically falls between $232,395 and $348,826. That’s a pretty hefty paycheck for someone who is essentially a gatekeeper between top management and other stakeholders.
But what does a Chief of Staff actually do? To put it simply, they are responsible for organizing and prioritizing critical issues and required information for the executive to facilitate efficient decision making. They act as a point of contact between the executive and other stakeholders, and provide oversight and guidance to projects of high importance. In many cases, they also act as an advisor to the chief executive.
The salary range for Chief of Staff can vary depending on the size and scope of the organization, as well as the experience level of the individual. For example, an individual with extensive experience in the field can expect to earn a higher salary than someone who is just starting out.
In addition to salary, Chief of Staff positions usually come with a range of other benefits, such as medical and dental insurance, paid vacation and sick days, and 401(k)s. Chief of Staff may also be eligible for bonuses and stock options, depending on the organization.
So, does Chief of Staff pay well? The answer is a resounding “yes!” As one of the most important roles in any organization, Chief of Staff is well-compensated for their efforts. The average base salary for Chief of Staff to CEO ranges from $232,400 to $348,900 with the average base salary of $287,000. That’s a pretty impressive paycheck, and one that is well-deserved.
The job of Chief of Staff can be incredibly rewarding, both financially and personally. It’s a role that requires a great deal of experience, knowledge, and dedication, and those who have what it takes to be successful in the role are often handsomely rewarded. If you’re looking for a career that offers a generous salary and the opportunity to make a real difference, Chief of Staff could be the perfect fit for you.
Is Chief of Staff a senior role?
Chiefs of staff are senior-level executives who provide critical support to a business’s leadership team. They play a vital role in helping to plan, coordinate, and implement key strategies in the company. As such, a chief of staff’s work is essential to the long-term success and stability of the organization.
When needed, a chief of staff may hire supplementary executive support roles to assist them in their own tasks. These roles may include executive assistants, project managers, and communications professionals, among others. By working closely with the executive team, the chief of staff is responsible for ensuring that all of the organization’s goals and objectives are achieved.
Collaborates with Other Executives
Chiefs of staff are also responsible for collaborating with other executives in the organization. They facilitate communication between different departments, ensuring that everyone is on the same page and that the company’s goals are being met. Whether it’s with other executives or the chief of staff under another higher-up, chiefs of staff help close the gap between their department’s efforts with other higher-level employees.
Strategic Problem Solving
Chiefs of staff often need to think strategically and problem-solve. They need to recognize potential problems before they arise and develop solutions to ensure that the organization’s goals are met. This means that the chief of staff must be able to anticipate and recognize potential problems and develop solutions to address them.
A Variety of Firms Employ Chiefs of Staff
A variety of firms in the U.S. employ Chiefs of Staff with successful results. This includes companies of all sizes, from small businesses to large corporations. In addition, some organizations have multiple chiefs of staff, depending on the size of the organization and the number of executives that need support.
Critical Role in Safeguarding the Viability of Your Organization
Therefore, chiefs of staff play a critical role in safeguarding the viability of your organization. They provide strategic direction, problem solving, and collaboration to ensure that the organization’s goals are met. As such, if you are looking for a senior-level executive to help lead your organization, a chief of staff may be the perfect fit.
What Is the Role of a Chief of Staff? The role of a chief of staff varies across businesses, but typically involves providing strategic direction, problem solving, and collaboration. They must be able to anticipate and address potential issues before they arise, and develop solutions to ensure that the organization’s goals are achieved. Chiefs of staff often help to bridge the gap between the executive team and other departments, facilitating communication and making sure that everyone is on the same page.
In addition to this, chiefs of staff are responsible for hiring and managing any supplementary executive support roles, such as executive assistants, project managers, and communications professionals. As such, they must be able to identify the right people for the job and manage them effectively.
Overall, chiefs of staff play an essential role in the long-term success and stability of an organization. By providing strategic direction and problem solving, they help to ensure that the organization’s goals are met. As such, it is important to recognize their importance and ensure that they are given the tools and resources they need to succeed.
Career Path
Is building products a good career path
Building products is a highly rewarding and creative career that enables you to use your imagination and technical abilities to build goods that people will love and use. People have often asked, “Is building products a good career path?” and the answer is yes. Whether you’re a recent graduate, a builder looking to make some extra cash, or a budding entrepreneur looking to make it big, the potential for success and financial rewards is there.
Building products is a highly lucrative field, with many people making a healthy income and even becoming millionaires. But it’s not always easy. The hardest trade to learn in construction is carpentry, due to the complexity of cutting and measuring accurately. But with practice, anyone can become an expert carpenter.
The amount of money you can earn as a builder is also highly dependent on the type of job you do. For example, a carpenter who builds custom furniture will have the potential to get paid much more than a contractor who works on remodeling homes. Similarly, an engineer who designs bridges could make more money than a plumber who fixes pipes.
The most successful people in the building industry don’t do it for the money, though. They do it because they’re passionate about creating something beautiful and useful. They also have an eye for detail and a knack for problem-solving. With the right combination of technical skills, creativity, and business acumen, anyone can make it big in the building industry.
So if you’re looking for a career that’s both financially rewarding and fulfilling, consider building products. With hard work and dedication, you can turn your passion into a thriving business.
Is building products a good career path
Are you creative, have excellent technical abilities, and are looking for a career in product building? Building products may be an excellent career choice for various reasons. It can be a gratifying and creative career, allowing you to use your imagination to build goods that consumers would love and use often. It’s also a great way to make a living and support the environment at the same time.
In this article, we will discuss everything you need to know about careers in building products. We’ll cover what building products are, is building products a good career path, the best paying jobs in retail building materials, and how many jobs are available in retail building materials.
Let’s start by discussing what building products are. Building products are materials used in construction, such as bricks, concrete, steel, lumber, and other materials. These materials are used to construct buildings, roads, bridges, and other infrastructures. Building materials are also used to create furniture, appliances, and other items used in everyday life.
So, is building products a good career path? Absolutely! Building products can be a very rewarding career path. It allows you to use your creativity and technical abilities to create products that people can use and enjoy. It also has the potential to be a lucrative career, since there are many opportunities to work in retail building materials.
Speaking of retail building materials, what are the best paying jobs in this sector? Some of the highest paying jobs in this field include project managers, estimators, and sales representatives. Project managers are responsible for overseeing construction projects, while estimators calculate the cost of materials and labor to complete projects. Sales representatives are responsible for selling building products to customers.
Finally, how many jobs are available in retail building materials? According to the Bureau of Labor Statistics, there were over 1.2 million jobs in this sector in 2020. This number is expected to grow by 8% in the next decade.
If you’re a recent graduate considering a career in building products, this article has been informative and helpful. Building products can be a great career path for those who are creative and have excellent technical skills. It can also be a lucrative field, with many opportunities for growth and advancement. So, if you’re looking for a career that will allow you to use your creativity and technical abilities, building products might be the perfect choice for you.
Can a builder Be A Millionaire?
Can you be a millionaire in construction? Yes, you can be a multi-millionaire through a construction business. But everything depends on your efficiency and dedication. I have seen a middle-class contractor become very rich through construction business, and also, I have seen a multi-millionaire become poor through construction business.
There are various factors which decide the success and failure of a construction business. It is not just about building quality structures, but also about making sure that the business is running smoothly and efficiently. The ability to successfully manage a construction business, along with the skills and knowledge required to build quality structures, are the key factors that can determine whether or not you can become a millionaire in construction.
The success of a construction business depends on the efficient management of resources and effective use of technology. A successful construction business owner needs to be able to manage the human resources, financial resources, and the technology used in construction. The ability to manage projects and deadlines, as well as effectively communicate with the stakeholders involved, is essential to being a successful construction business owner.
Another factor that can help you become a millionaire in construction is the ability to develop and maintain relationships with customers and clients. This can be done through networking and marketing, as well as by providing quality services and products. A successful construction business owner also needs to be able to identify and capitalize on opportunities in the construction industry.
In order to be successful in the construction business, it is important to develop and maintain good relationships with suppliers, contractors, and clients. A construction business owner needs to be able to negotiate deals and contracts with vendors and contractors. Building a solid reputation in the industry is essential to becoming a successful construction business owner.
Finally, to become a millionaire in construction, it is important to have the right attitude and mindset. It is essential to remain focused on achieving success and to stay motivated. It is also important to have the right skills and knowledge, as well as the ability to manage and lead a team effectively. With the right attitude and mindset, you can be a millionaire in construction.
So, yes, it is possible to be a millionaire in construction. With the right skills, mindset, and dedication, you can become a multi-millionaire through a construction business. It is important to remember that everything depends on your efficiency and dedication, and with the right attitude and resources, you can achieve success in the construction industry. Start today and take the first step in becoming a millionaire in construction!
What is the hardest trade to learn in construction?
Learning a trade in construction can be a challenging but rewarding process. Knowing which trade is the hardest to learn can help you decide which one to pursue. According to recent surveys, electrical work and HVAC are considered to be the most difficult trades to master. Flooring and cleaning specialists also believe that their own crafts are the toughest.
Electrical Work : Electrical work requires a deep understanding of electricity and its potential danger. It also requires that you have a good grasp of the codes and regulations that need to be followed while working. In addition, you have to have the skills to install, maintain, and repair electrical systems, as well as the ability to diagnose and troubleshoot any issues that arise.
HVAC : Working with HVAC systems involves dealing with highly complex systems that require precise knowledge and skills. You need to be able to install, maintain, and repair the systems, as well as understand how to properly design and size the systems. In addition, you need to be aware of local codes and regulations and be able to diagnose and troubleshoot any issues that arise.
Flooring and Cleaning Specialists : Flooring and cleaning specialists face unique challenges when it comes to mastering their trade. When it comes to flooring, you need to be able to accurately measure and cut the flooring to fit the space perfectly. You also need to be able to install the flooring without damaging it. When it comes to cleaning, you need to be aware of the different types of surfaces and the correct cleaning products to use on them.
Cabinets and Countertops : Working with cabinets and countertops requires a good deal of precision and skill. You need to be able to accurately measure and cut the materials to fit the space perfectly. In addition, you need to be able to install the cabinets and countertops without damaging them.
Overall, it is difficult to say definitively which trade is the hardest to learn, as different trades require different skills and abilities. However, electrical work and HVAC are generally considered to be the most difficult trades to master, while flooring and cleaning specialists are likely to call their own crafts the toughest.
No matter which trade you pursue, it is important to remember that mastering it will take dedication, hard work, and practice. Take the time to learn the trade and you will be able to reap the rewards of being a skilled tradesperson.
Why do builders get paid so much?
When it comes to construction work, it’s no secret that it pays much better than many other jobs. From entry-level positions to experienced builders, construction jobs offer higher wages than many other industries. But why is that? What are the factors that contribute to the higher pay rate for construction workers?
At the heart of it, construction companies charge more per hour than most people make in a day because there are a lot of other costs that go into running a viable construction business. These costs include materials, labor, equipment, and insurance, among other things. Plus, construction work is typically more dangerous than other types of work, so construction companies need to pay their employees more to compensate for the risk.
Home Price Versus Lifetime Cost
When it comes to the cost of constructing a home, the price tag of the home itself is only the beginning. There are also the long-term costs, such as utilities, taxes, and maintenance, that add to the total cost of owning a home. This is why it’s important for construction companies to charge enough for their services so that all of these costs can be covered, and still have enough left over to provide a living wage for their workers.
Average Construction Worker Hourly Pay
According to January 2021 data from the U.S. Bureau of Labor Statistics, the average construction worker earns about $23.82 per hour. That may not seem like a lot, but when you consider the fact that there are about 7.4 million people employed in the construction industry, that works out to a lot of money.
Entry-level positions don’t pay extremely well, but they do pay better than many other jobs. As you gain experience, the amount you earn can also rise considerably. For example, a construction supervisor can make upwards of $50 per hour, while a project manager can make even more.
The Benefits of Working in Construction
In addition to the higher pay, there are other benefits to working in the construction industry. For instance, construction workers often get to work outdoors, which can be a refreshing change from the stuffy office environment. Plus, there’s the satisfaction of seeing a project come to life from start to finish.
Finally, the construction industry is a great way to learn valuable skills that can be used in other fields. From carpentry to plumbing, the skills you learn in construction can be applied to many other jobs.
So, when it comes to why builders get paid so much, it’s all about the cost of running a successful construction business. From the materials to the labor to the insurance, there are a lot of costs associated with construction work that need to be covered. Plus, construction work is often more dangerous than other types of work, so companies need to pay their employees more to compensate for the risk. Entry-level positions don’t pay a lot, but they do pay more than many other jobs. And, as you gain experience, the amount you earn can rise considerably.
Which field can make you millionaire?
Studying Economics or Finance is a great way to get you on the path to becoming a millionaire. But, it’s not as simple as just studying how to make money, as these fields are often seen as more theoretical and less tangible.
However, the knowledge and understanding of the financial world that comes from studying these fields is invaluable and can result in a wide range of career opportunities. In fact, 22% of the world’s top 100 billionaires studied some kind of engineering.
Take Mexican entrepreneur Carlos Slim, for example. Slim, who is worth around $52 billion, studied Civil Engineering. Larry Page, co-founder and CEO of Google, has a Bachelor’s in Computer Engineering and a Master’s in Computer Science and is currently worth $40.7 billion. And then there is Jeff Bezos, founder and CEO of Amazon, who has a Bachelor’s in Electrical Engineering and Computer Science from Princeton University and is worth around $146 billion.
But it’s not just engineering degrees that can lead to great success. There are other fields that can make you a millionaire, such as business, accounting, and finance. In fact, many of the world’s most successful entrepreneurs and business people have backgrounds in these fields.
For example, Bill Gates, the founder of Microsoft, was a Harvard dropout who studied business and technology. He is now the second richest person in the world with a net worth of $122.7 billion. Similarly, Mark Zuckerberg, the founder of Facebook, studied computer science and psychology at Harvard University and is now worth $83.8 billion.
It’s also important to note that having a degree in a field related to business or finance doesn’t guarantee success. It’s just one of the many tools that can help you get on the path to becoming a millionaire.
You also need to have a great idea, the ambition to follow through with it, and the dedication to make it a success. There’s no one-size-fits-all approach to making it big and becoming a millionaire, but having a background in economics or finance can definitely make it easier.
In addition to having the right education, you’ll also need to work on developing other skills such as sales, marketing, and networking. These skills can help you build relationships, market your business, and get the word out about your product or service.
Finally, it’s important to remember that becoming a millionaire isn’t easy. It takes hard work, dedication, and the right knowledge to make it happen. But, with the right education, dedication, and skills, it is possible to become a millionaire.
What profession has the most millionaire?
When it comes to professions with the most millionaires, the finance and investment industry is the clear winner. According to the Ramsey Solutions’ study, it not only has the most millionaires but also the most billionaires, with 371. But while this industry may have the highest concentration of wealthy individuals, other professions have their fair share of millionaires.
Engineering is one of the highest-paying professions, and it’s not surprising that it’s also one of the top five careers of millionaires. According to the study, engineers make up 5.6% of all millionaires. They benefit from well-paying salaries, job stability, and the potential for further career growth.
Accountants are another profession that has a high number of millionaires. Certified public accountants (CPAs) make up 4.8% of all millionaires, according to the study. CPAs are sought after for their expertise in tax and financial planning, and they often have their own businesses or work as consultants.
Teachers may not be the first profession that comes to mind when talking about millionaires, but the study found that 4.4% of millionaires are teachers. This is likely due to teachers’ dedication to their craft and their commitment to helping others.
Management is another profession that has a high number of millionaires. According to the study, 3.8% of millionaires are in executive management positions. This is likely due to the fact that many executives have years of experience in their field and have the potential to earn a high salary.
Attorneys are also well-represented in the millionaire population. According to the study, 3.7% of millionaires are attorneys. Lawyers are typically well-paid and have access to many opportunities to increase their wealth.
So what profession has the most millionaires? While the finance and investment industry has the highest concentration of wealthy individuals, other professions also have their fair share of millionaires. Engineers, accountants, teachers, executives, and attorneys are all among the top five careers of millionaires.
It’s important to remember that not all millionaires are high earners. In fact, the majority of millionaires in the Ramsey Solutions’ study didn’t have high-level, high-salary jobs. This shows that making a lot of money isn’t the only way to build wealth.
The key to becoming a millionaire is to create a plan, set financial goals, and make smart investments. Whether you’re an engineer, an accountant, a teacher, a manager, or an attorney, you can create a plan to build wealth and become a millionaire.
Career Path
What trade makes the most money?
Are you looking to make a career change and want to know what trade makes the most money? Or, maybe you’re already in the trades and want to know if you’re getting paid what you’re worth? Whatever your motivation is, you’ll find the answers you need here.
Trading can be a lucrative career path and with the right skills and knowledge, you can potentially make a lot of money. However, it’s important to understand that there’s no such thing as a “get rich quick” scheme—and while it’s possible to make six figures in trading, it won’t happen overnight.
In this article, we’ll go over all the questions you may have about trading and making money, such as what trades make the most money, how much money you can realistically make trading, and how to earn 500 a day in trading. We’ll also provide you with a list of the best paying trade jobs, so you can make an informed decision and find the right career path for you. So, keep reading to learn more about the world of trading and find out what trade makes the most money.
What trade makes the most money?
Are you interested in learning a trade and making good money in the process? If so, you’re in luck! Trade jobs tend to be highly-specialized, and can offer competitive wages. In fact, the average annual wage for all tradespeople in the United States is $43,386, the highest in the US.
But what is the best trade to go into if you want to make the most money? That depends on your individual skill set and goals. Here are the top seven highest paying trade jobs to consider:
- Construction – Construction workers build and maintain structures, such as roads, bridges, buildings, and homes. The average annual wage for construction workers is $45,800.
- Healthcare – Healthcare workers provide medical, dental, and other health-related services. The average annual wage for healthcare workers is $47,730.
- Energy – Energy workers are responsible for the production and delivery of electric and natural gas. The average annual wage for energy workers is $48,400.
- Engineering – Engineers design, build, and maintain equipment, systems, and structures. The average annual wage for engineers is $68,860.
- Plumbing – Plumbers install and repair pipes, fixtures, and other plumbing systems. The average annual wage for plumbers is $50,620.
- HVAC – HVAC technicians install, maintain, and repair heating, ventilation, and air conditioning systems. The average annual wage for HVAC technicians is $48,730.
- Welding – Welders join and cut metal components. The average annual wage for welders is $45,360.
No matter what trade you choose, you can be sure that you’ll be earning a good wage. The wages for trade jobs can vary greatly depending on the region and the job itself, so it’s important to do your research and find the job that’s right for you.
If you’re looking to make the most money, the construction, healthcare, energy, and engineering industries are your best bet. However, no matter what trade you choose, with the right skills and dedication, you can be sure that you’ll be earning a good wage.
Is trading a get rich quick?
Many people are attracted to the idea of trading in the hopes of getting rich quickly. While it is true that you can make money in Forex trading, it is not a “get rich quick” scheme. Short term trading is not for amateurs, and it is rarely the path to “get rich quick”. You can’t make gigantic profits without taking gigantic risks. A trading strategy that involves taking a massive degree of risk means suffering inconsistent trading performance and large losses. The chances of getting rich quick by gambling in Vegas are of course very slim (about the same as getting rich quick in forex I would guess), but at least you can have a good time while you ‘get broke quickly’.
Why intelligent people who have diligently saved all their lives to get some wealth behind them, sit down in front of a computer screen all by themselves and do exactly that – get broke quickly and ‘gamble’ rather than learn to ‘trade’ the forex market – is absolutely beyond me. Can forex trading make you rich? Although our instinctive reaction to that question would be an unequivocal “No,” we should qualify that response. Forex trading may make you rich if you are a hedge fund with deep pockets or an exceptionally skilled currency trader. But for the average retail trader, rather than being a get-rich-quick scheme, forex trading can be more accurately described as a get-rich-slow scheme.
Making money in forex trading is not simply a matter of luck or of having a good trading system. It takes a lot of hard work and dedication to gain the knowledge and skills needed to become a successful trader. It is important to remember that the key to success in forex trading is to take small, consistent profits rather than chasing big wins. Professional traders understand that there is no such thing as a risk-free trading system, and they are willing to accept small losses in order to ensure long-term success.
To succeed in forex trading, you need to have a disciplined approach, a well-defined trading plan, and the ability to stick to it. You need to be patient and consistent in your trading, and you need to be willing to accept losses and move on. Success in forex trading requires a focused mind, good risk management, and the ability to keep your emotions in check. If you are looking to get rich quick, forex trading is not the way to go. However, if you are willing to put in the work and make the necessary investments in your education and trading plan, you can gradually build wealth through forex trading.
What trade can make 6 figures?
For those who are looking to make six figures without having to go to college, there are a few options available. Skilled tradespeople are in high demand and can earn a great living. Apprenticeship programs are a great way to gain the skills needed to be successful in the trades.
Construction and Building Trades are a great option for those looking to make a six figure salary without college. Carpenters, electricians, plumbers, and other tradespeople can earn a great living. With the right experience and specialization, these trades can offer a six figure salary.
Sales Professionals can also make a six figure salary without college. Sales managers, account managers, and sales representatives are all excellent options. Most of these roles offer commissions in addition to a base salary, so the potential to make a six figure salary is huge.
Management Roles are another option for those looking to make a great living. Many management roles don’t require a college degree, and the potential for a six figure salary is there. Project managers, operations managers, and account managers are all great options for those looking to make a six figure salary without college.
Technology is another field that can offer a great salary without a college degree. Software engineers, web developers, and network specialists can all make a great living without college. With the right skills and experience, these roles can easily offer a six figure salary.
Freelancing is also a great option for those looking to make six figures without college. With the right skills and experience, many freelancers can earn a great living. Freelancers can specialize in fields such as web design, content writing, and graphic design.
Making a six figure salary without a college degree is possible. With the right skills and experience, many people can make a great living in the trades, sales, technology, and freelancing. With the right opportunities, anyone can make a six figure salary in any of these fields.
Can I be a millionaire by trading?
When it comes to becoming a millionaire, trading is often seen as a viable option. After all, there’s a potential for higher returns compared to investing, and it’s relatively easier to get started. But can trading really make you a millionaire?
The answer is both yes and no. Anything is possible in this world, and if you have what it takes to be a successful trader, you could become a millionaire much faster than with investing. However, trading is a much riskier endeavor than investing and it’s important to be aware of the risks before you get started.
To be successful in trading, you’ll need a strong knowledge of the markets, the ability to make quick decisions, and the discipline to adhere to your trading plan. It’s also important to have the right guidance from the best signal provider. With the right guidance, you can maximize your profits without taking on too much risk.
It’s also important to remember that trading isn’t a get-rich-quick scheme. You can’t expect to become a millionaire overnight, no matter how good you are at trading. It takes time, effort, and dedication to become a successful trader. You need to understand the markets, develop a trading plan, and stick to it.
The bottom line is that yes, you can become a millionaire through trading, but it won’t happen overnight. You’ll need to be willing to invest the time, effort, and money into becoming a successful trader. With the right guidance, you can maximize your profits without taking on too much risk.
So, if you’re looking to become a millionaire through trading, it’s important to have realistic expectations and be prepared to work hard. With the right guidance, discipline, and dedication, you can become a successful trader and achieve your goals.
How can I earn 500 a day in trading?
It’s not uncommon for traders to ask the question: “Can I make $500 a day trading?” The answer is yes, it is possible to make $500 a day trading. However, it’s important to understand that it takes a lot of hard work, dedication, and the right strategy to be successful.
Part-Time Pay In terms of money, that means not giving up very much profit potential. For example, a part-time trader may find that they can make $500 per day on average, trading during only the best two to three hours of the day.
But how exactly can you make $500 a day in trading? It starts with developing a sound trading strategy. The strategy should be tailored to your goals, objectives, and risk tolerance. You should also determine when you want to trade and the amount of money you’re willing to risk.
Once you have a strategy in place, you can begin to look for trading opportunities that fit your criteria. The key is to identify high-probability setups that offer a favorable risk-to-reward ratio. That means you should look for trades with a greater potential reward than risk.
It’s also important to use sound money management practices when trading. You should never risk more than a small percentage of your trading capital on any one trade. This helps to ensure that you don’t suffer a catastrophic loss that could wipe out your entire trading account.
Finally, you should also look for ways to use leverage to maximize your profits. Leverage allows you to control larger positions with a smaller amount of capital. However, it also increases your risk, so it should be used with caution.
In summary, it is possible to make $500 a day in trading. However, it takes a lot of hard work, dedication, and the right strategy to be successful. You must also use sound money management techniques and leverage to maximize your returns. With the right approach, you can make consistent profits in the markets. How much do you need to make 100 a day trading? You’re really probably going to need closer to 4,000 or $5,000 in order to make that $100 a day consistently. And ultimately it’s going to be a couple of trades a week where you total $500 a week, so it’s going to take a little bit more work.
How much money can you realistically make trading?
Trading can be a lucrative way to make money, but it’s important to understand the risks associated with it. The amount of money you can realistically make trading depends on a variety of factors, including your starting capital, the type of trading you’re doing, and your risk management strategies.
If you start with a small amount of capital, such as $100, it’s possible to make money trading, but it’s important to keep your risk per trade at a manageable level. This can be done by limiting your position size to 1-2% of your total account value. For example, if you have $100 to start with, your maximum position size should be no more than $1-$2.
In addition to limiting your risk, it’s important to choose a trading strategy that suits your goals. Different strategies have different levels of risk and reward, so it’s important to select the one that best fits your needs.
If you’re looking to maximize your returns, you may want to consider compounding your money over time. Compounding is a strategy of reinvesting any profits made from trading back into your trading account. This allows your money to grow exponentially over time. For example, if you have a $10,000 account and you earn an average of 20% a year, after 20 years you’ll have $383,376.
You can also increase your returns by adding funds to your trading account regularly. This is known as the 9th wonder of the world and can help you increase your earnings without increasing your risk. For example, if you have a $10,000 account earning an average of 20% a year and you add $5,000 to your account every year, after 20 years you’ll have $817,202.
Overall, the amount of money you can make trading depends on your starting capital, the type of trading you’re doing, and the risk management strategies you use. By limiting your risk, choosing the right strategy, and compounding your money, you can increase your returns and make more money trading.
Career Path
Is home furnishings a good career path
Home furnishings is a booming industry that provides endless opportunities for those looking for a rewarding career. From the comfort of the human body to the expression of a distinct concept or theme, home furnishings is an industry that offers something for everyone. With the value of the home décor market in the United States expected to reach 202 billion U.S. dollars in 2024, it’s no surprise that more and more people are turning to the home furnishings industry as a viable career path.
So, is home furnishings a good career path in 2021? This is a question that many people are asking as they consider taking the plunge and venturing into this lucrative industry. The answer is a resounding “Yes”! Home furnishings is a rewarding career choice that offers a wide range of opportunities and is in high demand. Even if the property market takes a dip, individuals will still want to furnish their homes with comfortable, stylish furniture. Plus, there are many positions available for those interested in entering the industry, such as a home furnishing consultant at IKEA, a home furnishing coordinator, or a high-paid interior design job.
But what about money? Do furniture designers make a lot of money? The answer is yes, they can. With the right combination of skills, experience, and connections, a furniture designer can earn a good living. Of course, the more experience you have, the more money you can make, so it’s important to keep up with the latest trends and hone your craft if you want to succeed in this competitive industry.
Overall, home furnishings is a great career path with plenty of lucrative opportunities. With the right skills, you can make a good living and enjoy the satisfaction of creating stylish, functional pieces for homes around the world. So if you’re looking for a challenging, rewarding career, why not explore the possibilities of home furnishing?
Is home furnishings a good career path
The home furnishings industry has grown significantly over the past few years and is now worth an estimated $46.2 billion. With the increasing demand for furniture, decor and other items to make a home look and feel comfortable, the industry is only going to grow. Hence, you can say, the internet and social media has played a great role in helping the home furnishings industry gain more popularity amongst people around the world.
Is Home Furnishings a Good Career Path in 2021? Now comes the most important question, is home furnishings actually a good career path in the 21st century? The answer is a definite yes. Working in the home furnishings industry is a rewarding career choice. The field offers a wide range of opportunities and is in high demand.
Individuals who are interested in pursuing a career in this field should have a keen eye for detail and a passion for creating beautiful spaces. They should also have a good understanding of the latest trends and technologies and be creative when it comes to creating new designs.
The most important aspect of home furnishing is the ability to create a comfortable and inviting atmosphere. It is important to be able to understand the needs of the customer and to be able to meet those needs. This requires being able to think outside the box and come up with creative solutions. It also requires the ability to pay close attention to detail and make sure that the furniture and decor are in the best condition.
Although the property market has been strong for years, individuals will still desire homes and want to furnish them even if the price declines. Home furnishing is an essential part of this process and provides a great opportunity for individuals to make a living doing something they love.
What are the objectives of home furnishing? Seeking or expressing a distinct concept or theme is one way to approach the subject of selecting, decorating, and furnishing a home. A great deal of care and consideration needs to go into these decisions as they will make a lasting impression on the overall aesthetic of the home.
Soft furnishings such as curtains and rugs are used to add warmth and comfort to a space. Hard furniture, in contrast, serve purposes beyond the comfort of the human body. They are used to support the user, provide storage, and create a focal point in the room.
How much is the home furnishings industry worth? The value of the home décor market was estimated to be worth $46.2 billion in 2019 and is expected to grow to $75.2 billion by 2025. This is a testament to the increasing demand for home furnishings, as people look to create beautiful and comfortable spaces in their homes.
Overall, working in the home furnishings industry is a great career choice for those who have a passion for interior design and decor. With the right skills and experience, individuals can make a living doing something they love and help create beautiful spaces for people to enjoy.
What is the salary of home Furnishing Consultant in IKEA?
Home Furnishing Consultants at IKEA are responsible for providing customers with advice and guidance on furnishing their home. They must have a good understanding of product offerings and be able to answer customers’ questions. As such, they play an integral role in the customer experience and are highly valued by IKEA.
So what is the salary of a Home Furnishing Consultant at IKEA? According to PayScale, the average annual salary for a Home Furnishing Consultant at IKEA is $30,000. This is slightly lower than the national average salary for Home Furnishing Consultant roles, which is $40,000. However, the salary for Home Furnishing Consultant roles can vary greatly depending on the employer. For example, American Signature pays the highest salary for the Home Furnishing Consultant position at $43,000 annually, while Art Van Furniture pays the lowest salary for the Home Furnishing Consultant position at $40,000 annually.
The estimated total pay for a Home Furnishing Consultant at IKEA is $69,862 per year. This includes the base salary plus additional compensation such as bonuses and profit sharing. The “Most Likely Range” for total pay is between $57,000 and $87,000 per year. This range represents the 25th and 75th percentile of all pay data available for this role.
In addition to salary, IKEA also offers its Home Furnishing Consultants a range of benefits. These include medical and dental insurance, vacation pay, and a 401k plan. IKEA also offers its employees discounts on their products and free access to their online learning platform.
Overall, the salary of a Home Furnishing Consultant at IKEA is competitive and can be quite lucrative depending on the individual’s experience and performance. The additional benefits provided by IKEA also make it an attractive option for those looking to work in the home furnishing industry.
If you’re looking for a career in home furnishing, then becoming a Home Furnishing Consultant at IKEA is definitely worth considering. With its competitive salaries and comprehensive benefits package, it’s a great opportunity to gain experience and make a positive impact on the customer experience.
What position is higher than a coordinator?
Coordinators are professionals who oversee, guide, and direct teams to work together in harmony to achieve a common goal. They are responsible for estimating project or event budgets and monitoring the progress of their team members. However, the question remains: is there a position higher than a coordinator?
The answer is yes. Depending on the industry, there are positions higher than a coordinator. Generally, these positions will come with a higher salary than that of a coordinator and will involve more responsibility.
An administrative assistant is a position that is usually higher than a coordinator. Administrative assistants are tasked with managing and scheduling all important events in the office. They are responsible for organizing and overseeing the office’s daily operations, which can include filing paperwork, answering phones, and greeting visitors. Administrative assistants also often have a higher degree of responsibility, such as dealing with sensitive information or handling financial matters.
Team leaders or supervisors are also usually higher than coordinators. Team leaders are tasked with ensuring that their team is working efficiently and effectively to achieve the desired results. They are responsible for delegating tasks, setting goals, and motivating their team. In addition, team leaders may be responsible for managing other coordinators and making sure that their team is following the company’s policies and procedures.
Finally, a manager is a position generally higher than a coordinator. Managers are responsible for overseeing the work of their team and ensuring that all goals are met. They are also responsible for developing strategies, setting objectives, and providing guidance to their team. Managers often have the authority to hire, fire, and promote team members, and they typically report to a higher-level executive.
No matter the industry, coordinators are typically in charge of large groups of co-workers. Therefore, it is important to understand the differences between an associate and a coordinator, as well as the various positions higher than a coordinator. Associates may report to a coordinator, but a coordinator never reports to an associate. Additionally, most associate roles have a more general list of responsibilities than a coordinator, and they usually have lower salaries than a coordinator.
In conclusion, there are a few different positions that are higher than a coordinator. These positions include administrative assistants, team leaders, and managers. Each position comes with its own set of responsibilities and higher salaries, and it is important to understand the differences between them. Ultimately, no matter what position you are in, it is important to be a leader, mentor, and motivator to ensure that your team is working together to achieve the desired results.
What is the highest-paid interior design job?
Interior design is a creative field that involves creating aesthetically pleasing, functional, and comfortable indoor spaces. The job typically involves selecting and specifying furniture, fabrics, lighting, and other interior elements, as well as developing plans for renovations and new construction.
When it comes to the highest-paid interior design job, the Architectural and Engineering Services Industry is the most profitable. According to the Bureau of Labor Statistics (BLS), professionals in this industry have a median annual salary of $63,210. As of 2021, 13% of interior designers work in this industry.
Highest Paying Interior Design Jobs
Interior designers can work for a variety of clients in a number of industries. Their education, experience, workplace, and employer all factor into their salary. Below are some of the highest paying interior design jobs.
1. Corporate Designers
Corporate interior designers work with companies to design office spaces that are comfortable, attractive, and functional. These professionals often develop plans for renovations and new construction, as well as select and specify furniture, fabrics, lighting, and other interior elements. The BLS reports that corporate interior designers make an average salary of $67,890.
2. Residential Designers
Residential interior designers work with homeowners to create beautiful, comfortable, and functional living spaces. This can include anything from selecting furniture and fabrics to developing plans for renovations or new construction. According to the BLS, residential interior designers make an average salary of $61,720.
3. Hospitality Designers
Hospitality interior designers are responsible for creating aesthetically pleasing and comfortable spaces in hotels, resorts, and other hospitality venues. They typically develop plans for renovations and new construction, as well as select and specify furniture, fabrics, lighting, and other interior elements. The BLS reports that hospitality interior designers make an average salary of $61,790.
4. Retail Designers
Retail interior designers are responsible for creating aesthetically pleasing and functional spaces in stores and other retail establishments. They typically develop plans for renovations and new construction, as well as select and specify furniture, fabrics, lighting, and other interior elements. The BLS reports that retail interior designers make an average salary of $60,810.
5. Healthcare Designers
Healthcare interior designers are responsible for creating aesthetically pleasing and functional spaces in hospitals, clinics, and other healthcare facilities. They typically develop plans for renovations and new construction, as well as select and specify furniture, fabrics, lighting, and other interior elements. The BLS reports that healthcare interior designers make an average salary of $59,710.
6. Exhibit Designers
Exhibit interior designers are responsible for creating aesthetically pleasing and functional spaces in museums, galleries, and other exhibit venues. They typically develop plans for renovations and new construction, as well as select and specify furniture, fabrics, lighting, and other interior elements. The BLS reports that exhibit interior designers make an average salary of $58,500.
7. Kitchen and Bath Designers
Kitchen and bath interior designers are responsible for creating aesthetically pleasing and functional spaces in kitchens and bathrooms. They typically develop plans for renovations and new construction, as well as select and specify furniture, fabrics, lighting, and other interior elements. The BLS reports that kitchen and bath interior designers make an average salary of $57,310.
8. Lighting Designers
Lighting interior designers are responsible for creating aesthetically pleasing and functional lighting in residential, commercial, and institutional settings. They typically develop plans for renovations and new construction, as well as select and specify lighting fixtures and other interior elements. The BLS reports that lighting interior designers make an average salary of $56,620.
9. Environmental Designers
Environmental interior designers are responsible for creating aesthetically pleasing and sustainable spaces. They typically develop plans for renovations and new construction, as well as select and specify furniture, fabrics, lighting, and other interior elements. The BLS reports that environmental interior designers make an average salary of $55,000.
10. Landscape Designers
Landscape interior designers are responsible for creating aesthetically pleasing and functional outdoor spaces. They typically develop plans for renovations and new construction, as well as select and specify furniture, fabrics, lighting, and other interior elements. The BLS reports that landscape interior designers make an average salary of $52,130.
The highest-paid interior design job is in the Architectural and Engineering Services Industry, where the median annual salary is $63,210. However, there are many other well-paying interior design jobs, such as corporate, residential, hospitality, retail, healthcare, exhibit, kitchen and bath, lighting, environmental, and landscape designers. With the right education, experience, and employer, you could be making an impressive salary in the interior design industry.
Do furniture designers make a lot of money?
Furniture designers are responsible for creating attractive and functional furniture pieces. From chairs and beds to tables and cabinets, these professionals must ensure that their designs meet the criteria of users. But do furniture designers make a lot of money? Let’s take a closer look.
Furniture Designer Jobs :
Furniture designers typically specialize in either household or non-household furniture. Household furniture includes pieces for residential use, such as chairs, beds, tables, and cabinets. Non-household furniture includes pieces for commercial and industrial use, such as desks, partitions, and conference tables. Some furniture designers may expand their skills into other furniture-related items such as mattresses, blinds, and shades.
Furniture designers may be employed by fabric mills or other manufacturing facilities and can expect to make an average of around $67,000 per year. This profession combines the creativity of an artist with the ergonomic skills of an engineer, and compensation depends heavily on the furniture specialty.
Furniture Designer Pay :
The Bureau of Labor Statistics lists the median salary of furniture designers as $54,790 per year. This is based on the most recent data from May 2019. However, the top 10% of furniture designers make an average of $84,930 per year, and the bottom 10% make an average of $32,090 per year.
Those who specialize in household furniture will likely make more than those who specialize in non-household furniture. Furniture designers who work for large companies may also have higher salaries than those who are self-employed or work for smaller companies. Finally, those who have higher levels of experience and education may also earn higher salaries.
Furniture Designers in the Future :
The job outlook for furniture designers is projected to remain steady over the next decade. Although job growth may not be as high as in other industries, the demand for furniture designers is expected to remain steady.
This is because furniture is still an important part of our lives, and people will continue to need attractive and functional pieces for their homes, offices, and other locations. As long as furniture is a necessary part of our lives, furniture designers will continue to be in demand.
Conclusion :
Furniture designers make a median salary of $54,790 per year, but the top 10% of furniture designers make over $84,930 per year. The job outlook for furniture designers is expected to remain steady over the next decade due to the continuing need for attractive and functional furniture pieces.
Overall, furniture designers can make a good living, but they must have the necessary skills and experience to succeed. Furniture designers must be creative and have a good understanding of ergonomics, as well as a thorough knowledge of the materials and processes used in furniture manufacturing. With the right qualifications, furniture designers can make a good living.
Do furniture designers make good money?
Furniture designers are industrial professionals who create furniture pieces that meet two criteria: they must be attractive and they must be functional. Furniture designers specialize in either household furniture or non-household furniture, such as desks, partitions, and conference tables. Some furniture designers even expand their skills to include mattresses, blinds, and shades.
Furniture Designer Jobs: Furniture designers can be employed by fabric mills or other manufacturing facilities and typically make an average salary of $67,000. Combining art and engineering, furniture designers create pieces that are both aesthetically pleasing and functional.
Furniture Designer Pay: According to the Bureau of Labor Statistics, the salary of furniture designers is not listed. However, the average salary for all industrial designers, which includes furniture designers, is around $67,000 per year.
Factors That Affect Salary: Salaries for furniture designers can vary based on various factors, such as the type of furniture being designed, the company for which the designer works, and the designer’s experience. For example, a furniture designer who specializes in designing high-end pieces for a luxury furniture company may make a much higher salary than a furniture designer who works for a mass-market retailer. Additionally, a designer with many years of experience may command a higher salary than someone with less experience.
Education Requirements: To become a furniture designer, you typically need to have a bachelor’s degree in industrial design or a related field. In addition to coursework in design, math, and engineering, students may also take classes in woodworking and metalworking.
Growth Outlook: The job outlook for furniture designers is positive. The Bureau of Labor Statistics projects that there will be a 3% increase in jobs for industrial designers from 2019 to 2029. This is faster than the average for all occupations.
Bottom Line: Furniture designers can make good money. Salaries for furniture designers vary based on a variety of factors, such as the type of furniture being designed, the company for which the designer works, and the designer’s experience. To become a furniture designer, you typically need to have a bachelor’s degree in industrial design or a related field. The job outlook for furniture designers is positive, with a projected 3% increase in jobs from 2019 to 2029.
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