4 ms·
I'd suggest you set your sites higher than $1k/month. $10k/month is a start. $100k/month is a business that pays you and your employees. And there are zillions
by mikesimonsen 16y ago
I'd suggest you set your sites higher than $1k/month. $10k/month is a start. $100k/month is a business that pays you and your employees. And there are zillions of them out there to learn from. My blog isn't about the internals of our business, but I'm happy to tell any bootstrapper who asks.
- _delirium 16y agoThat depends on the expenses (incl. # of employees), doesn't it? The bootstrapped founders I know that I'd consider very successful don't make $100k/month, but they also don't have employees. A two-founder business with few expenses, clearing $20k/month profit, makes the founders $120k/yr apiece, which seems pretty successful to me. Certainly more than ramen-profitable, anyway!
- mikesimonsen 16y agoSure, you can have a "successful" business that grosses $250k / year. If you can do that with no employees and go surf every day, there will be a lot of jealous surfers out there. But if you're looking to bootstrap a startup into a sustainable enterprise that "solves the money problem" (as Paul puts it), there are plenty of fabulous examples with $2million, $10mil, $50mil in revenue. Study them.