Is 60,000 dollers a lot a year?

Is that I basically made that much from my own company I started last year. I got a little over than that I plan on doubling it by the end of next year but is 60,000a lot. I also don't have a college education

  • ita ok
    60% (3)50% (9)52% (12)Vote
  • yeah ita a lot
    40% (2)39% (7)39% (9)Vote
  • no
    0% (0)11% (2)9% (2)Vote
And you are? I'm a GirlI'm a Guy
Updates:
I live on California by the way
Also I need to start hiring at least 4interns cause there more demand that's I can put out with just my small team of 2me and my friend

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Most Helpful Guy

  • For the first year with your own company, yes it's a lot. Most startups don't make hardly anything the first year. Continue to work hard and you will see even more rewards for your effort.
    Remember to live a balanced life and not just spend time at work. Work can be addicting.

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    • I'm worried I can't keep up. Not being a work alcoholic

    • Hire some additional help if you can't keep up. What are you selling/producing?

What Girls Said 2

  • Decent amount :D

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    • What's a lot then. Cause I wanna hit 120,000 by December 2016. Not all together either just for 2016 profits only. What's a lot

  • its a good amount.

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What Guys Said 10

  • lucky u bro!

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  • If you're actually 18-24 yeah it's a lot. Although I wouldn't know cause I started out homeless and am working my way up through college. If you've been working at it for a long time without any hassles in your life, then it's not that good.

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  • It's enough not to struggle and generate some savings, but it's not a lot of money. Though I guess that depends on where you live. That money would go a lot further in the south than on either of the coasts.

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  • 60k Isn't bad at all especially doing it on your own. Just be mindful of taxes and all that good shit and you'll stay golden.

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  • if you broke even in the first year thats a good amount

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  • Just remember your social security taxes are higher than those who do not work for themselves.

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  • Take home for just you or also payroll and other costs need to be taken out. Either way, it is a great start. Most new firms lose money the first year or two.

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  • I doubt you make that

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    • My partner takes care of the money aspect he a degree in business. but I help out too

  • It's almost six times what I make WITH a college degree... =/

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    • What degree do have and what's ur major

    • Show All
    • I dont wanna give out all my secrets but basically the area I'm in

    • Game development? Nice! Good luck, man!

  • Not where I live, that'd be shit money here but that's coz of the cost of living.

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    • Damn where u living do u make more where u live. Cause I basically pull in 6,000 a month when I first got that much I was like wow

    • So I'm not really well off where I live (classified) and I'm on the equivalent of $76K in America, after taxes I get the equivalent of $4600 a month and the cost of rent and travel is high. Plus what you get for your money is shit.

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