6 ms·

did you have a salary?

• mtlynch 2y ago
  No, I didn't pay myself a salary. TinyPilot was a single-member LLC, so all the profits were pass-through income on my personal taxes. I share more about the finances in my annual review posts: https://mtlynch.io/solo-developer-year-6/#tinypilot-became-20x-more-profitable https://mtlynch.io/solo-developer-year-6/#tinypilot-became-2...
  • DougN7 2y ago
    So your personal net income in 2022 was $10,447? That’s not enough to live on so I must be misreading it.
    • mtlynch 2y ago
      My net income from TinyPilot was $10,447 in 2022, but I had other income from investments (mainly just boring index funds). But I live in Western Massachusetts and own my home (no mortgage), so my cost of living is fairly low.
      • nunez 2y ago
        Incredible!