Do you earn 6 figures at a small or home based business?

tommy_mac501 · #1 (**permalink**) 04-02-2007, 10:00 PM

Do you have a small business (like just you and your spouse), or a home based business and earn 6 figures?. If so, what kind of business is it?, how long did it take you?

Jay L'Artiste · #2 (**permalink**) 04-03-2007, 12:42 AM

My mom has a small business (with a partner and only a couple employees) and after about 15 years, it's doing pretty well. They're doing sales each year up into the 7 figures. So it can be done.

Jack R · #3 (**permalink**) 04-03-2007, 03:47 AM

Hi, Tom! After years of hard work and multiple streams of income derived from multiple products and services, I'm happy to report that I (no spouse) earn a six-figure income. As you know, I own a training company. And what do you do? Are you trying to find a way to parlay your work experience into an entrepreneurial endeavor? If so, feel free to tell me how I can help you.

jag321 · #4 (**permalink**) 04-03-2007, 06:36 AM

I can say that I too have an income on my small, home-based company in the 5 figure range, but it isn't easy. I've been at it for 3 years, and the advantage is that I keep earning residuals on deals I have closed in the past. There are opportunities out there - you just need to know how to scope them out, and be careful about the ones that seem too good to be true.Good luck with whatever you decide to do.JG