A person earning hundreds of thousands a year won't buy designer clothes yet because mixing them with cheap pieces feels fake. They've set a rule: only when their business hits $1 million monthly free cash flow after taxes.
making a couple hundred grand a year take home after taxes, I don't see the point in buying designer because nobody's going to even know it's designer because they think you're poor, right? Or they know how much money you're making, so they're going to assume it's fake. Like, I don't want to get one piece of Chanel and then be wearing it with like, you know, freaking Forever 21 jeans. I want my whole wardrobe to be designer. So I didn't buy designer clothes until we were taking out of the business net free cash flow after taxes, $1 million a month.
