Hi, I’m an office worker aiming for an annual income of 1 million dollars—call me One Million Dollars Office Worker.
After discussing my starting line, let’s jump straight to the goal.
Running indefinitely would be hell, so while it may seem reckless, I’d like to clarify my goal a bit more.
First, let’s address why 1 million dollars?
Simply put, it’s a round number that makes an impact. Considering taxes, a gross income of 1 million dollars isn’t particularly wise, so if my income grows nicely, it’s easy to imagine that I might bring up concepts like deemed income. I’ll be sure to share my thought process on that, so please bear with me. In any case, I’ll only worry about it when the time comes.
On the other hand, I’m vaguely thinking about comparing this to an office worker’s income of 1 million dollars. To put it simply, I envision it as something like a net income of 50 thousand dollars after taxes. While I’m embarrassed to say that I haven’t decided what to do in pursuit of this goal, I’ll take a leap and suggest that if I build up some capital, I could consider acquiring companies that operate low-margin businesses—like restaurants or hotels—where, despite having sales, costs eat into profits, counting a deemed revenue of 1 million dollars as my income. (You know, there are people out there flaunting their success with such income, right? Just like those property owners claiming assets in the hundreds of millions, but that’s all on borrowed money…)
Of course, as an office worker, I plan to actively use my credit for borrowing. I hope to share credible opportunities with high-credibility office workers and professionals, while sniffing out any dubious options (but please make your own judgments).
I focused mainly on the financial aspect, but that’s my current thinking regarding the 1 million dollars goal.
One Million Dollars Office Worker.
