You might be an entrepreneur if…your business has brought in more than a million dollars of revenue but you have nothing to show for it personally.
When I was 21 I had a goal to make a million dollars by the time I was 30. I made that goal in a way, in that I owned a business that had brought in over a million dollars, the only problem was that none of it had made it’s way into my personal bank account.
Here’s how the revenues break down, roughly.
2000 – $220K
2001 – $400K
2002 – $500K
2003 – $225K (I sold my business and started over at the beginning of this year, hence the dip in revenue)
2004 – $420K
2005 – $480K
2006 – $540K
Total – $2.79M
And how much of that has gone into my pocket? About $100K if I’m not mistaken. That’s something like $3.50 for every $100 my business brings in. But hey, I get to put “CEO” on my business card, so that’s worth something, right?
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