- Joined
- Mar 25, 2019
- Messages
- 13
Rep Bank
$235
$235
User Power: 31%
Hello,
I have to provide value to others, I have to cover the demand, money is just the indicator of how valuable my product or service is. I understand this.
Meanwhile, after many years of work, I've managed to create a online business with almost 1 million Euro in sales. But the turnover is not a profit. The actual profit is very disappointing to me; my employee has earned more than me this year! I Anyway, this introduction is intended to display some business experience.
My new challenge is to make at least 1'000'000 € net profit by the end of 2022. Not turnover but net profit.
My current online business has to grow at least 10 times its current size to achieve this goal. I believe, everything is possible but some things are easier to imagine and create a plan than others. In my current business, I am working on a plan for growing 2 times in a year but not 10 times!
If I earn 1'000'000 € as a freelancer, my tax will be 43,29%. Actually, I have to earn 2'300'000 € to keep 1'017'921 € to my disposal after paying
44,26% taxes. That being said, I am totally open for legal tax optimization like creating a holding structure or buying assets like companies or real estate.
My question to the community is how would you go about creating a plan and finding a niche for creating this wealth that fast?
I have to provide value to others, I have to cover the demand, money is just the indicator of how valuable my product or service is. I understand this.
Meanwhile, after many years of work, I've managed to create a online business with almost 1 million Euro in sales. But the turnover is not a profit. The actual profit is very disappointing to me; my employee has earned more than me this year! I Anyway, this introduction is intended to display some business experience.
My new challenge is to make at least 1'000'000 € net profit by the end of 2022. Not turnover but net profit.
My current online business has to grow at least 10 times its current size to achieve this goal. I believe, everything is possible but some things are easier to imagine and create a plan than others. In my current business, I am working on a plan for growing 2 times in a year but not 10 times!
If I earn 1'000'000 € as a freelancer, my tax will be 43,29%. Actually, I have to earn 2'300'000 € to keep 1'017'921 € to my disposal after paying
44,26% taxes. That being said, I am totally open for legal tax optimization like creating a holding structure or buying assets like companies or real estate.
My question to the community is how would you go about creating a plan and finding a niche for creating this wealth that fast?
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