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The simplest approach is to found a product or service of some kind that ends up getting you to $83,334 per month in revenue. That is $1mil/year in revenue and use the often quoted 5x ARR (annual re-occuring revenue) number to get to your $5mil.

That is earning revenue, margins will depend on a lot of variables but this is an abstract, general question not about any specific idea or industry.

Answers to your specific questions require some information about the product or service idea behind the company. Without knowing that nobody can really answer those questions.




I'm a software engineer with some amateur knowledge of electronics and 3D printing, if that helps to narrow it down.


Isn't that like 2/3rds the HN population?




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