Getting into E-Commerce?
Don’t quit your day job –yet!
How Much Do You Really Need to Make?
The Answer May Shock You
Rather than focus on what you can afford to pull out of the business to cover your living expenses, you need to focus on how much you need to earn at your business in order to afford the lifestyle you want to have.
This is where the Personal Earnings Goal, or PEG, comes into play.
This article from American Express is a real eye opener and a simple way to calculate what you can afford to spend time on and give away without affecting your overall earnings.
https://www.americanexpress.com/us/small-business/openforum/articles/how-much-do-you-really-need-to-make-the-answer-may-shock-you/