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> [...] $400K profit [...] a decent living [...] You startup people always make me think I live in the third world :-)
by jmnicolas 10y ago
> [...] $400K profit [...] a decent living [...]
You startup people always make me think I live in the third world :-)
- ryanSrich 10y agoWith 700 square foot shacks being sold for >$1m $400k won't take you far.
- rmason 10y agoWho says that your supermarket needs to be in the Valley? In Michigan you can live like a member of the elite on $400K a year. In Detroit you could live like a king.
- ryanSrich 10y agoNo one, but this thread is talking about silicon valley so...
- rmason 10y agoWho says that your supermarket needs to be in the Valley? In Michigan you can live like a member of the elite on $400K a year. In Detroit you could live like a king.
- chris11 10y agoI think the 1.5% margins would be a problem though. Plus I image the big supermarket chains have the benefit of large economies of scale taht the small individual stores don't have.
- nathan_f77 10y agoI think we're just used to the idea of CEOs earning multiple millions of dollars per year. So if you hear about a CEO who runs a grocery store with $100M in revenue, you would expect that he earns a lot more than $400K. But you're right, $400K is quite a lot of money.