You Don’t Need a Master Plan, You Just Need to Start

Re:You Don’t Need a Master Plan, You Just Need to Start by jmnicolas on Monday November 14, 2016 @09:51AM (#12950097)

> [...] $400K profit [...] a decent living [...]

You startup people always make me think I live in the third world :-)

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Re:You Don’t Need a Master Plan, You Just Need to Start by nathan_f77 on Tuesday November 15, 2016 @12:48AM (#12955921)

I think we're just used to the idea of CEOs earning multiple millions of dollars per year. So if you hear about a CEO who runs a grocery store with $100M in revenue, you would expect that he earns a lot more than $400K.

But you're right, $400K is quite a lot of money.

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Re:You Don’t Need a Master Plan, You Just Need to Start by ryanSrich on Monday November 14, 2016 @11:03AM (#12950642)

With 700 square foot shacks being sold for >$1m $400k won't take you far.

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Re:You Don’t Need a Master Plan, You Just Need to Start by rmason on Monday November 14, 2016 @01:46PM (#12952182)

Who says that your supermarket needs to be in the Valley? In Michigan you can live like a member of the elite on $400K a year. In Detroit you could live like a king.

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Re:You Don’t Need a Master Plan, You Just Need to Start by ryanSrich on Monday November 14, 2016 @03:54PM (#12953253)

No one, but this thread is talking about silicon valley so...

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Re:You Don’t Need a Master Plan, You Just Need to Start by chris11 on Monday November 14, 2016 @03:46PM (#12953181)

I think the 1.5% margins would be a problem though. Plus I image the big supermarket chains have the benefit of large economies of scale taht the small individual stores don't have.

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