Let’s start with a few basic definitions: Revenue or Gross Revenue: How much total cash comes through your business on a monthly, quarterly, or yearly basis. Income or Net Income: How much you have available to you personally after ALL of the regular business expenses have been paid. Wealth: How much in REAL assets you have accumulated. This includes: Equity in real estate, stocks and bonds, cash on hand and other truly valuable assets. Lifestyle: The quality of your life now. This includes factors such as leisure time, travel, where you live, the quality of the furnishings, what you drive and how much real enjoyment you get our of life.
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