I was reading an old thread about someone asking if their graphic design services can be fastlane. The goal was to retire with $2-3M after a few years. Throughout the thread it was mentioned that trading time wouldn't be a deciding factor in making $1M+ and one could charge an average of $600 per job with around 2000 clients. I realized that their were possibilities.
Of course we'd all like to have cash printing businesses that are fully automated with no employees but a lot of times that wont be the case.
I watch shows like Pawn Stars, Counting Cars & American Restoration just to see how others operate their businesses and how I can use what I learn with my own business. The owners in each of those shows are very active in their businesses and from the looks of it they are swimming in cash but they defy the time commandment. From what I've seen the guy on American Restoration spends the most time in his business.
Pro athletes & entertainers don't count because they make tons of money from skills & talent. I am talking about regular business owners that trade time.
So if someone wants to retire young with millions, is time a deciding factor?
Of course we'd all like to have cash printing businesses that are fully automated with no employees but a lot of times that wont be the case.
I watch shows like Pawn Stars, Counting Cars & American Restoration just to see how others operate their businesses and how I can use what I learn with my own business. The owners in each of those shows are very active in their businesses and from the looks of it they are swimming in cash but they defy the time commandment. From what I've seen the guy on American Restoration spends the most time in his business.
Pro athletes & entertainers don't count because they make tons of money from skills & talent. I am talking about regular business owners that trade time.
So if someone wants to retire young with millions, is time a deciding factor?
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