Annual income vs Hourly wage

While I am going into my 3rd year working for a large corporation, there is the sticky thing of dealing with pay raises. Ideally, I would eventually aim for a $100k kind of salary and it is starting to be evident to me that with the current rate of pay raises, that it might be not really possible working as a regular employee (but then again that should have been obvious from the start).

Supposing that one does have a $100k kind of object, what would be necessary to achieve it? Would be the necessary question to answer. I have done some very rudimentary calculations. Assuming that there a re 52*5 weekdays - 15 company holidays and about 12 personal holidays, I yield about 233 working days. Assuming that you work about 8 hours/day for these days, I've plotted the hourly salary vs targeted annual income. The graph is posted below:


To earn about $100k/year, you are required to earn about $53/hour. I would consider that $53/hour is a fairly high hourly salary, though not entirely out of the realm of reason. I used to do tutoring in my university years and could easily pull $25/hour when tutoring. I might sound nonchalant when I say that it shouldn't be so hard to double this, I could possibly cut a deal to tutor 3 students at the same time and reduce my individual rate for a student resulting a rate of about $50/hour for me. The problem about tutoring is that the problem is to sustain that rate of income over 8 hours, which might be the tricky thing (and might be the reason why tutors can charge in this range).

Even thinking about working for about 8 hours/day for me isn't an entirely ideal kind of situation for me because the more time I spend time working a "job" the less time I have to think about new ways of making money and go after that. I am starting to see why manager-types are often so well paid because these guys are the "idea" people that get other people to implement their ideas, which hopefully make them money, while they think about other ideas. I pity the peons that get stuck at the bottem working for these guys honestly and that is the kind of predicament that I find myself in.

The trick to getting out of it is to start finding your own revenue streams to get out of this kind of predicament. It almost sounds like a slave trying to buy their own freedom, but technically the system seems like that it is setup like that.

Fortunately, it's sort of the equivalent of a spring break for most workers in Japan so I am going to take the time off to do some thinking.