Thursday, November 15, 2012
Benjamins or Washingtons? How does your business stack up?
Let's be honest~no one ever wants to talk about money deets. How much we actually make or how much we actually spend are always secretive + personal topics. People are afraid to ask, people are afraid to tell. No secret here: we live in a materialistic society. Right or wrong, people judge each other by how much they earn, how much they spend and what kind of material items they possess. It is quite sad that many equate success with financial wealth. So not true. Being a good person is not usually the definition of success. Kind of sad when you think about it.
Anyway, I have been part of many conversations as of late discussing cold hard cash. Specifically, how much money all of the party related businesses are actually making in this economic market. We all see hundreds of parties and related business each day and I know everyone is curious about how they stack up against others, how much does the average person really make?~ This can be used as a gauge of how you are doing compared to your peers in your niche. Not that you should judge yourself solely on how your peers are doing, but it is indeed relevant when conducting current market research + climate. It is also quite inspiring to see people in your industry making some serious dough~that can provide the spark in all of us to keep on keeping on and stepping up our game. Money is an interesting topic, an especially relevant topic if you are a business woman and a topic that brings out the curiosity in most lovas. Meow.
There are no pinning parties discussing salaries, nor Twitter chats where people will give you their financials.
I set up a short + sweet anonymous survey to gather some information from those in the industry and was kind of surprised by the results. About 100 of you responded and I seriously thank you for taking the time and putting it out there. By answering this survey, you are helping us all gain insight and access to information not easily available. By no means a scientific end all in surveys, but I tried my best to gather some relevant + interesting data. Thank you for participating.
What do you think about these results? I had better see a few comments below and not hear crickets. I will die. LOL