$20 per mile ran.
So obviously, no money earned on the days you don't run. Pace does not matter in this scenario. You could hobbyjog your way to a paycheck.
Let's go father and say you are LIMITED to 20 miles per day. So you can earn $400 per day, but no more.
But to accept the offer, you aren't allowed to earn money in your free time. So you can't just go knock out 20 miles in the morning, and then go make money the rest of the day.
sure
Stocks? Investments? Real estate? Are these allowed in your free time?
$150,000 = 7,500 miles per year, or 625 per month, or 20.55 per day (with no days off). 22.39 per day with 30 days off.
$100,000 = 5,000 miles per year, or 417 per month, or 13.7 per day (with no days off). 14.93 per day with 30 days off.
Just for reference.
Oh, and an injury would crush you.
Heck no. I’d rather keep my job and PAY $20/mile I run. I’m just a lowly hobby jogger so my 50ish a week isn’t much money.
With my current mileage and job salary, yes I would.
Why would I take a 70% pay cut to do this?
This is actually a great question. My take is that you couldn't pay people enough to do what a dedicated runner does every day for free. If a job were as hard as the daily workouts of a hard working runner, no one but the most very desperate person would put up with it. It's too hard. Runners know how hard.
But given that, how is it that we do it every day, and with conviction, for free? And we even go to great lengths to be able to do it, to improve at it, and to do it better next time.
Consider that.
Considering I'm in high school and don't have a job, $20 per mile would be pretty epic. Maybe I should ask my parents to make that my new allowance LMAO
Ian Edwards wrote:
$20 per mile ran.
So obviously, no money earned on the days you don't run. Pace does not matter in this scenario. You could hobbyjog your way to a paycheck.
Let's go father and say you are LIMITED to 20 miles per day. So you can earn $400 per day, but no more.
But to accept the offer, you aren't allowed to earn money in your free time. So you can't just go knock out 20 miles in the morning, and then go make money the rest of the day.
Yes. My mileage right now is really low, but let's say I got it up to 60 miles per week, that's $1,200 before taxes. That beats what I'm making right now by a long, long way.
I actually think I could make this work for a few years since I’d save a healthy amount of money on childcare, but the loss of potential promotions and raises at work would not make this sustainable for very long.
I would have to run 62 miles a week which I would already do if I didn’t have a job
RossiCheated wrote:
$150,000 = 7,500 miles per year, or 625 per month, or 20.55 per day (with no days off). 22.39 per day with 30 days off.
$100,000 = 5,000 miles per year, or 417 per month, or 13.7 per day (with no days off). 14.93 per day with 30 days off.
Just for reference.
Oh, and an injury would crush you.
I probably should have kept going to salaries that are more moderate, like first jobs out of college.
$60,000 = 3,000 miles per year, or 250 per month, or 8.22 per day (with no days off). 8.96 per day with 30 days off.
$45,000 = 2,250 miles per year, or 187.5 per month, or 6.16 per day (with no days off). 6.72 with 30 days off.
I want a deal that I can retire a little younger and supplement my retirement income this way!
You could run really slow, 12 minutes miles, hardly more than a fast walk, and make $100/hr. Not bad if you don't have any other alternatives.
adidas5 wrote:
Stocks? Investments? Real estate? Are these allowed in your free time?
How about race winnings - are those allowed?
There are a couple of runners in NYC area who run like the whole day. I am not kidding. They spend hours per day. Like 20 to 30 miles per day. Obviously not fast. They would probably sign up for this job in a heartbeat.
RossiCheated wrote:
$150,000 = 7,500 miles per year, or 625 per month, or 20.55 per day (with no days off). 22.39 per day with 30 days off.
$100,000 = 5,000 miles per year, or 417 per month, or 13.7 per day (with no days off). 14.93 per day with 30 days off.
Just for reference.
Oh, and an injury would crush you.
Not to mention when you have a career your earning potential generally goes up as you progress. With money per mile plan your peak earning years will be 20-35 maybe a little longer if you're lucky then it's all downhill. It's not like this is creating useful skills that could be applied to a career later in life.
I hate to bring this up, really, I'm embarrassed that I ever actually figured it out, but.... when you consider that the new super shoes I commonly run in go for as much as $250 a pair, and I often only get as little as 250 miles out of some of them before retiring them, that comes to $1 per mile, so you just cut your $20 per mile compensation by 5% to $19/mile net.
Ian Edwards wrote:
$20 per mile ran.
So obviously, no money earned on the days you don't run. Pace does not matter in this scenario. You could hobbyjog your way to a paycheck.
Let's go father and say you are LIMITED to 20 miles per day. So you can earn $400 per day, but no more.
But to accept the offer, you aren't allowed to earn money in your free time. So you can't just go knock out 20 miles in the morning, and then go make money the rest of the day.
Can’t care less even at $200/mile.
Very interesting question. I have 2 ways to view it and I'm a Dr. so it's gonna be a big pay cut but all through school I was between 120 and 140 a week with low weeks of 100. That's 80s style mentality of training. And another thing is I do have around 1.1 mil in retirement/investments already to fall back own my 3 vehicles and house so...
ALSO and it's a big one...assuming no taxes and it's cash under the table.
1. I only run 80-100/week now and that money would be certainly enough to live a good life on. I have a 2yr old son that I could spend all day with minus the early morning run when he's asleep. That's totally enough to pay for gas and travel so yes I would!
2. Well I wouldn't simply because of health related insurance costs which would take a big chunk out of that running salary. Now throw in the same coverage I currently have for free and back to number 1, yes I would.