The Bottom Line

"While I wrote in poverty, my Ph.D pals and Baccalaureate buddies were wearing J.Press suits and gargling with Tangueray Gin (or at least Beefeaters), while I was maintaining vital life signs in blue jeans, paisano wine and all the other good chemicals grown in sunny California.."

- Oliver Lange

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There are only two ways to escape the system. One is to be super-rich, the other is to live economically enough that you dont need a lot to live.

Otherwise, we are naught but pods feeding the maw of the matrix.

The trick is to combine the two..
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"If youre a fool you may not want to make money. The whole notion of struggling and being poor to do art is a myth. I have desires in my life other than my art.

I think living well or living the way you wish breeds the best art. Being poor inhibits the making of art. Its simply not true that success makes artists less hungry and creative..."

Rodney Ripps, 1981

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Breakeven Formula

Find out your overhead expenses and gross margin

Your Gross Profit would be your Total Sales minus your Cost of Goods Sold (COGS) - or Cost of Sales for Services - and add your direct costs.

Gross Profit = Sales - COGS

Your Gross Margin would be your Gross Profit as a percentage of your Sales

Overhead

Add all OTHER expenses, indirect or fixed (rent, utilities, insurance, benefits, etc).

Breakeven Overhead = Gross Profit

Gross Margin = Gross Profit / Sales

Gross Profit = Sales X Gross Margin

Therefore

Your Overhead is Breakeven Sales X Gross Margin and your Breakeven Sales Figure is your Overhead divided by Gross Margin
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"But, at this stage of development you must have a plan.."
"I do"
"but youre supposed to settle down, have a place, take care of your family"
"That isnt my plan."

Ive started...