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>Final note, 180,000 US$/year in REVENUE (not profits) is quite impressive. Over 80% of startups don't even see that much revenue in their entire life-cycle, st
by jaclaz 8y ago
>Final note, 180,000 US$/year in REVENUE (not profits) is quite impressive. Over 80% of startups don't even see that much revenue in their entire life-cycle, stuggle for years to get people to pay for their product or service, and then die.
I am sorry for those startups, but if the gross margin is 30% it will likely become 10-15% profit after expenses and taxes.
15% of US$ 180,000/year is 27,000 US$/year, if the Author worked 2,000 hours in the year, he got net 13.50 US$/hour, which is not bad, but not something I would call personally a successful shop/activity.