I Asked Entrepreneurs How Much They Make
Published on: December 20 2022 by tropic
As an entrepreneur, the question of how much money you make can be a sensitive one. It can be difficult to determine how much to charge for your services or products, and it can be even harder to discuss your income with others. However, understanding what other entrepreneurs make can be helpful in setting realistic goals for yourself and your business. So, I decided to ask entrepreneurs from a variety of industries how much money they make.
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I reached out to entrepreneurs from different industries, including technology, fashion, food, and more. Here are some of the responses I received:
- I make around $100,000 per year running my e-commerce store. It's not a huge amount, but it's enough to support me and my family.
- I'm a freelance writer, and I make anywhere from $50,000 to $100,000 per year depending on the projects I take on.
- I'm a software developer, and I make over $150,000 per year working for a tech company. It's a great salary, but the work can be stressful.
- I'm a chef and restaurant owner, and I make around $200,000 per year. It's a tough industry, but I love what I do and it pays off.
- I'm a fashion designer, and I make around $75,000 per year running my own brand. It's not as much as some other designers, but I'm still building my business.
From these responses, it's clear that there is a wide range of salaries among entrepreneurs. Some make a modest income, while others are making six figures or more. It's important to keep in mind that income can vary depending on factors like industry, location, experience, and the size of your business.
While it can be uncomfortable to discuss your income as an entrepreneur, understanding what others in your industry are making can be helpful in setting realistic goals for yourself and your business. From my conversations with entrepreneurs, it's clear that there is no one-size-fits-all answer to the question of how much money you can make. It ultimately comes down to the industry you're in, the work you're doing, and how well you're able to market yourself and your business.
Table of Contents About I Asked Entrepreneurs How Much They Make
Today, we are at the largest financial creator conference in Orlando to find out how the gurus got rich. We interview various entrepreneurs and content creators to learn about their income, investments, mindset, and preferences between stocks and crypto.
Interviews:
- A YouTuber/TikToker who makes around $20,000 a month, saves/invests 30-50% of it, and advises to do things that make you uncomfortable to succeed.
- An entrepreneur who makes $3-4,000 from social media and $50-60,000 a year from businesses, invests most of their income, and prioritizes making money over partying/drugs.
- CEO of a crypto hedge fund who has made up to $8.3 million, saves 70% of their income, and started with wholesaling in real estate.
- Various individuals who work in product design, writing, affiliate marketing, tax relief, coffee shops, biotech, software, real estate, and digital advertising, with incomes ranging from $300 to over a million annually.
- An individual who advises to find something you love to do and work hard at it, rather than seeking quick ways to get rich.
Through these interviews, we learn that getting rich requires hard work, risk-taking, and a mindset that prioritizes time and money. We also see that investing in stocks and crypto can be profitable, but it's important to do research and not rely on quick schemes. Ultimately, anyone can become a top G with dedication and determination.
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