4 ms·
5 digit revenue could be as low as $10,000 a month. When you factor in cost of goods and labor, what's the net income on that $120k/year? An educated guess wou
by antisthenes 9y ago
5 digit revenue could be as low as $10,000 a month.
When you factor in cost of goods and labor, what's the net income on that $120k/year? An educated guess would put it below the median wage for the country.
How many of them have at least $1,000,000/year revenue?
- nik736 9y agoIf you think about that these are only side gigs without much labor involved (mostly drop shipping) and made on a tight budget, even $10k would be good money. Launch such a store every month and you have $120k MRR after 12 months.