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But also 53k/month is revenue. Who knows what the profit margin is there? If he's subbing out all that work it could be very little. It feels a bit misleading
by mewpmewp2 3y ago
But also 53k/month is revenue. Who knows what the profit margin is there?
If he's subbing out all that work it could be very little.
It feels a bit misleading to mention that as revenue and in other cases mention a six-figure operation.
Six-figure could mean anything from $100k to $999k. So which is it, there's quite a huge difference.
Usually when people say six figures they would mean somewhere around $100k. Is what he's paying himself after all of that around $100k per year then?
Overall the article of course seems like ad piece that directs you to his homepage where he's selling a course on how to do the same...
- al_borland 3y agoI always roll my eyes when I see people only highlighting revenue with no other context. I always assume the margins are small. In the article when it talks about a "six figure operation", I think they are referring to the $650k in revenue, which would be a six figure operation. I don't see any clues into what he's taking home.
- mewpmewp2 3y agoYeah... I went to also read the website where he's selling a guide, and there he is saying "All it takes is a few minutes each day, at each property to keep the sites litter-free. If you’re looking for a simple, low-risk business with the potential to earn you a 6 figure income, order the manual right now." So I had this in mind, because here he mentioned income, but I used the wording from the article. It always irks me as well when people say "figures" like that because it's a range of 1 to 10x, and it seems he really enjoys doing that. Another quote from him "I’ve been cleaning up litter in and around commercial properties for over 30 years and I’ve been earning a 6 figure income from it."
- DistractionRect 3y agoBasically it's just an ad to sell a get rich quick scheme, and the only one to get rich is the one selling the scheme