I’m stressed by the amount of people that think business revenue, personal income, and/or personal net worth are synonymous.

They’re not.

https://abs.twimg.com/emoji/v2/... draggable="false" alt="⚜️" title="Fleur-de-lis" aria-label="Emoji: Fleur-de-lis"> BUSINESS REVENUE is the amount of money your company generates in sales.

Simple example, if you buy 5 of a product for $3/ea and sell them for $5/ea, that’s $25 in revenue.

https://abs.twimg.com/emoji/v2/... draggable="false" alt="⚜️" title="Fleur-de-lis" aria-label="Emoji: Fleur-de-lis"> PROFIT is your revenue minus expenses, in this case your expenses are $15, so your profit is $10.

https://abs.twimg.com/emoji/v2/... draggable="false" alt="⚜️" title="Fleur-de-lis" aria-label="Emoji: Fleur-de-lis"> PERSONAL INCOME is essentially your salary. If you make $100,000 in one year, it does not mean you’re worth as much.

https://abs.twimg.com/emoji/v2/... draggable="false" alt="⚜️" title="Fleur-de-lis" aria-label="Emoji: Fleur-de-lis"> Your NET WORTH is the value of your personal assets— this can be property, land, bank accounts, jewelry/precious metals, artwork, etc.

Facts:

• you can sell $100,000 in revenue in one month and still be cash-poor due to high expenses

• you can simultaneously have a $100,000 annual salary and a $0 net worth

• you can have a high net worth without having a salary