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The title is pretty misleading here, it's really "I've grossed 216,688...' That being said, very nice.
by eof 16y ago
The title is pretty misleading here, it's really "I've grossed 216,688...'
That being said, very nice.
- bradly 16y agoIt would be even more correct to say "My husband and I have grossed $216,688..." And yes, it was a great article. -- Edited per Amy's feedback to not include her friend. Sorry for the mistake.
- ahoyhere 16y agoActually it's just my husband and I, since my friend kept his share and paid me mine, and that's all I counted.
- p0ppe 16y agoIt would be good to make that more clear in the article. The paragraph about 30×500 gives the impression that that income is being shared, since you point out that the YoH income is your share of it.
- ahoyhere 16y agoThat's because I have no plans to share the 30x500 income with anyone yet. Alex isn't charging me for he material he contributed to the last version since I'm doing all the upkeep. :) He may or may not be joining me in a guest teacher role but we haven't decided yet!
- ahoyhere 16y ago"How much do you make?" "$90,000." "After tax and healthcare contributions?" "Huh? No... before." "Misleading!"
- eof 16y agoI don't really think so. When you are selling products it's specifically different than a salary. If I sold 10k widgets for $10 a piece and said my business made a 100k last year, ignoring rent, cost of widget and labor, that would definitely be misleading. Besides, there are still taxes paid on top of whatever they did bring in, so it really doesn't fit your cute analogy. They paid free lancers, etc. I mean I don't care, but "How much do you make" has built into the question the idea that everyone who gets a salary pays taxes, etc. When you are talking about a business 'making money' it is built into the question that there are costs associated with it.
- ahoyhere 16y agoYou may be technically correct, but if I rolled all the money back into salaries & dev, and profited zero, people would still want to know the $216k number - because anyone could make $0 in profit :) That said, I have $60k just sitting in my bank account right now - and it feels goooood.
- eof 16y agoOh yeah, it's definitely something people want to hear about, myself included. Plus, I understand 'products' like these have a much much higher margin than most other businesses. I was just saying cash flow != income.
- ahoyhere 16y agoFair, I'll try to be more clear next time. I was bristling at the idea that people think I was being misleading, when the reality is, that's the word I think in, cuz I am not an accountant. I pay somebody else to think about that for me ;)
- aaronblohowiak 16y agonet vs gross is a little ambiguous in english unless those terms are used.
- 16y ago
- csomar 16y agoThe correct title is "I've made $xx,xxx in sales". That'll be clearer and more straightforward.