this post was submitted on 20 Nov 2023
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I'm sorry, but this question is dumb. You're showing your ignorance by asking it.
I know it's a popular question in this sub, because we all like to tear people down, and everyone's a scammer, but first of all, it's a personal win they want to share. They're not trying to teach you how to do things, or sell you a course. They're just excited that they hit a personal milestone. Quit being such a negative jerk and lend a fellow entrepreneur some support - it's hard enough when your 9-5 friends and family don't understand the entreprenur's journey, we should at least support each other on it.
Secondly, it takes all of a second to click OP's profile and see that they "produce music for artists and film companies" and "have a site where I upload my instrumentals for sale". And yeah, that comment was at the top of their post history when you replied to this, but I can understand how in the rush to be the first person to question whether this was revenue or profit, you didn't have time to even take a cursory glance at OP's post history to see if they've mentioned their business before.
Now why does the type of business matter? Because, if you don't understand the sort of profit margins he's dealing with in a business selling digital products, then you probably shouldn't be asking these sorts of questions.
And this isn't specifically targeted at you. I see this question ALL THE DAMN TIME in this sub, and it's usually asked at times like this where it just don't make sense.
People complain all the time that seasoned/successful entrepreneurs don't post in this sub, and it's stuff like this. Like why the hell is this the most upvoted comment at the time I'm writing this reply? There are much, much, MUCH better questions you, and everyone else could be asking from a recent graduate that's done 100k in sales this year.
Or you could just offer your congratulations.
In perhaps not the optional way I was trying to express I would love more shareouts in these types of posts. Depending on for how much someone buys and how much money and time they invested into it, they would be better served with feedback than just compliments, before they are in over their head (I had a friend shoot up during covid but crash because he didnt do risk management for liquidity). Or perhaps it's great, then they can share out what worked along the way.
It's ok if you think only emotional milestone posts are cool and then we can have a polite debate about it, no need to trow away words like "ignorant" or get worked up
I dunno, I respectfully disagree that you were trying to add value If I am mistaken, then I apologize, but I stand by my statement that this sub needs to lose its obsession with asking that question.
Makes sense if that's being asked all the time. I am mostly part of entrepreneur groups outside of reddit and was a bit hoping for more shareouts. Point taken
Not that I think post OP is doing this, but I think e-commerce dudebros are why people are a little weary.
You'll see a ton of ads for "6 figure business in 6 months!" While neglecting to mention they made 100k at 30% GP and most of that 30% went to ads lol.
Ecommerce money spends the same as any other.