6 Figures on the Horizon: Steps for 5-Figure Business Owners to Level Up
Breaking the 5 figure ceiling is more about mastering the thing between your ears, not your bank account.
Recent data from the U.S. Small Business Administration reveals a remarkable figure: 33.3 million businesses in the United States qualify as small businesses, making up 99.9% of all U.S. businesses
Reflecting a significant trend in the U.S. small business sector, data reveals that a vast majority, over 80%, of small businesses are solo ventures.
34% or one in three Americans have a side gig so I’m betting every third person who reads this article (or at least glanced at the headline), have a side gig.
Side hustlers who dedicate 12 hours per week to their business earn a median of $1,122 per month.
On the low end, small business owners earn an average salary of $32,000 and earn as much as $147,000 on the average high end, according to pay rate data from Payscale.
If you’re the most common statistic of a business owner in the USA (a side hustling solo venture), lean in.
Breaking the 5 figure ceiling is more about mastering the thing between your ears, not your bank account.
