You've earned more than a million dollars but have nothing to show for it.

Posted August 30, 2007 under You Might Be An Entrepreneur If...

You might be an entrepreneur if...your business has brought in more than a million dollars of revenue but you have nothing to show for it personally.

When I was 21 I had a goal to make a million dollars by the time I was 30. I made that goal in a way, in that I owned a business that had brought in over a million dollars, the only problem was that none of it had made it's way into my personal bank account.

Here's how the revenues break down, roughly.

2000 - $220K
2001 - $400K
2002 - $500K
2003 - $225K (I sold my business and started over at the beginning of this year, hence the dip in revenue)
2004 - $420K
2005 - $480K
2006 - $540K

Total - $2.79M

And how much of that has gone into my pocket? About $100K if I'm not mistaken. That's something like $3.50 for every $100 my business brings in. But hey, I get to put "CEO" on my business card, so that's worth something, right?

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