$100,000 per month possible?

Discussion in 'General Business' started by sryder, Mar 29, 2008.

  1. #1
    I had a conversation with my accountant recently... he said that he has a client that is making $100,000 per month doing 'web design'!

    Obviously I gave him a funny look and asked what sort of design he is doing! My accountant isn't much of a technical guy, but assured me that is what he is doing, out of his one bedroom apartment... been doing it for four or five years and struggled but is making it now he said.

    Is it just me or does this seem like he is stretching it quite a bit?
     
    sryder, Mar 29, 2008 IP
  2. phoniex

    phoniex Guest

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    #2
    maybe he's not individual and he has a firm.
    Then it might not be hard to reach that amount with good designers.
    Also is that Net Profit?
     
    phoniex, Mar 29, 2008 IP
  3. sryder

    sryder Active Member

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    #3
    From what I heard he is a one man operation and didn't get into details about net or not...
     
    sryder, Mar 29, 2008 IP
  4. Jon1771

    Jon1771 Well-Known Member

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    #4
    I doubt he is making $100,000 from web design on his own, although $100,000 could just be revenue and not profit?
     
    Jon1771, Mar 29, 2008 IP
  5. wisdomtool

    wisdomtool Moderator Staff

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    #5
    I won't believe it, certainly not out of web design, look at the current depressed prices for web designing. $100 000/mth? In which currency is my question. Also if he is really earning that, he won't be living in a one bedroom apartment.
     
    wisdomtool, Mar 29, 2008 IP
  6. Jon1771

    Jon1771 Well-Known Member

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    #6
    You could make $100,000 a month from a website, or network of websites, but I doubt very much that you could achieve it from web design!
     
    Jon1771, Mar 29, 2008 IP
  7. wisdomtool

    wisdomtool Moderator Staff

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    #7
    If he owns a forum like DP I can believe but as you said certainly not from web design.

     
    wisdomtool, Mar 29, 2008 IP
  8. jakomo

    jakomo Well-Known Member

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    #8
    Hello,
    All is possible with time and working hard :) This is the easy formula :) work + work + time + time + luckyx1 :)

    Best,
    Jakomo
     
    jakomo, Mar 29, 2008 IP
  9. Beneddie1112

    Beneddie1112 Peon

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    #9
    It could be easily achieved, Do you have an idea of what the top independent sites pay for web design? I know a designer who did a job for £65,000 that took him 3 weeks, thats roughly $130,000.
     
    Beneddie1112, Mar 29, 2008 IP
  10. patrickloh

    patrickloh Peon

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    #10
    He probably does web design for corporate companies.
     
    patrickloh, Mar 29, 2008 IP
  11. TakeFive

    TakeFive Peon

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    #11
    Beneddie1112,

    It will be interesting to see this kind of job,
    Have a link?
     
    TakeFive, Mar 29, 2008 IP
  12. wisdomtool

    wisdomtool Moderator Staff

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    #12
    I would feel this is more of an exception rather than the norm.

     
    wisdomtool, Mar 29, 2008 IP
  13. Sockmoney

    Sockmoney Peon

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    #13
    My guess is he told his accountant he does "web design" but in reality he owns websites that make big bucks with ad revenues and affiliate programs, etc.

    Take Dr. Shoemoney for instance. He may classify himself as a web marketing person. He probably brings in close to 7-figures a year...

    100k/month is not too far-fetched when you see guys like the owner of "PlentyOfFish" making multi-millions a year... I think he makes like $30k/day... I'm sure his title is probably "webmaster" or something like that to his accountant... ;-)

    Keep in mind, most of us making big bucks don't care to share the details of what we do with other folks... particularly an accountant who is obviously not too tight lipped about his clients private information...
     
    Sockmoney, Mar 29, 2008 IP
  14. sryder

    sryder Active Member

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    #14
    Do you have any examples of sites that are pulling in that sort of cash?
     
    sryder, Mar 29, 2008 IP
  15. Jon1771

    Jon1771 Well-Known Member

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    #15
    Alot of websites are pulling in that sort of money!
     
    Jon1771, Mar 29, 2008 IP
  16. sryder

    sryder Active Member

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    #16
    Have any quick examples that you can share?
     
    sryder, Mar 29, 2008 IP
  17. Jon1771

    Jon1771 Well-Known Member

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    #17
    plentyoffish
     
    Jon1771, Mar 29, 2008 IP
  18. QiSoftware

    QiSoftware Well-Known Member

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    #18
    Plentyoffish is making that kind of money? Ads?

    Q...
     
    QiSoftware, Mar 29, 2008 IP
  19. Pro Scribz

    Pro Scribz Banned

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    #19
    Plentyoffish yeah and also shoemoney is making that sort of money, I believe and that is nothing to major than a blog, it is easily possible!
     
    Pro Scribz, Mar 29, 2008 IP
  20. yfs1

    yfs1 User Title Not Found

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    #20
    Exactly...Plus he may have no technological knowledge whatsoever so sometimes its easier to just say Im a Web Designer

    My accountant deals with mostly farmers since I live in the country now...He has no idea what I do (I think he thinks I fixes computers)
     
    yfs1, Mar 29, 2008 IP