Quote from: RT on July 01, 2010, 17:57

Quote from: Randy McKown on July 01, 2010, 14:44

Quote from: louoates on July 01, 2010, 09:38

Hmmm. 20% of one million sounds an awful lot like a profit of $200,000.

Which can be looked at two ways ... I made $200,000 over the course of an entire year .. or .. Hmmm I just lost $800,000  

$1,000,000 gross - $800,000 costs = $200,000 profit ........ where exactly have you lost any money?

ok I'm going to invest into expenses in order to run a business .. smart idea moving on .. So I'm working with $800,000 capital .. now I'm going to invest it all on expenses .. year is over and now how much do I have in my pocket? $200,000 ... it doesn't take a rocket scientist to figure out you are losing money and need to take a serious look at your business model. Would have been better off not working at all and hanging on to the capital and maybe using it to pay for some business classes.

Shouldn't you spend some money on business classes? You don't know what profit means? As it has been pointed out by others you MADE $200,000 PROFIT with now 1,000,000 in your pocket after that year.