Would you rather...

Be entrepreneur A making $120,000 a year or entrepreneur B making $45,000 per year?

Seems like a dumb question right?

Obviously A.

DUH!

Well... Not so fast.

Let's look at the business model and the numbers.

Entrepreneur A has a store in a shopping centre selling physical goods.

His monthly rent is $3,500, it costs him $4,000 per month for stock and he pays his retired mum $1,000 a month to sit in the store for him when he can't.

So out of his $10,000 monthly revenue, he is taking home $1,500 Profit.

Now let's look at entrepreneur B.

She's a digital creator with a monthly revenue of $3,750 but what are her costs?

She has an email autoresponder (like the one I'm using right now to send you this), a social media scheduling tool, website hosting and some other solutions totalling less than $200 per month.

So her monthly profit is $3,550.

She may not be able to brag on social media that she is a six-figure business owner but she is far better off than this one.

Revenue is vanity and profit is sanity.

It's just something to think about.

All the best,

Jouvan

PS - The digital business is so much cheaper to start too. If you're reading this you probably already own everything you need.

So CLICK HERE to get a proven to-profit road map.

Any questions, give me a shout.

PPS - To play devil's advocate, entrepreneur A, the one with the store has a more sellable business than the creator. Just something else to think about.

It's all part of the fun of entrepreneurship.

.