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by mikekchar
3037 days ago
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I don't know anything about the person in question, but any "profit" number is going to have to be fictitious anyway. Ideally, you make as little profit as possible so that you avoid paying taxes. You want your money working for you rather than going to the government (or sitting in a bank account). This is one of the nice aspects of taxes and tax avoidance -- it provides incentives for companies to continue investing. Anyway, the point is the person could give an impressive sounding number (indicating that they are bad at managing money) or they could give a tiny (or even negative) number. It's kind of lose-lose. But I agree with you -- anybody posting "I'm making $X/month doing something that seems easy" is usually trying to sell you a book/workshop/seminar (which is where they make their real money). |
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I sell a book but that’s less than 5% of my income. 95% is business.