What are the economics of making $1,000,000 per year?



What are the economics of making $1,000,000 per year?

 

People ask me all the time, how can they earn $1,000,000 per year?

That is great that people are ambitious, but you first need to understand the mathematics of a million dollars.

I have always liked to break things down into a daily revenue – $1,000,000 / 365 = $2,739.73 per day

Further, you want to break down your ideal income in terms that make sense, i.e. commissions.

Let’s say you promote a product, that pays an average $30 commission.

By division, you will find you require just over 90 daily sales…

…read more

The basis of this post was initially created on Wealthy Affiliate by Kyle

You can find more inspirational posts by this member, by typing their name into the search box at the site.

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Posted on: October 14, 2019, by :

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