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The 100k movement was started by an American entrepreneur named Dave Asprey in
Income Milestone: - Earning $100,000 annually is considered a high-income level in many countries.
Business Growth: - $100,000 in annual revenue is a major target for many startups.
Savings Goal: - Saving $100,000 is a key financial goal for many individuals.
Social Media Influence: - Having 100,000 followers typically marks influencer status.
Fundraising Success: - Raising $100,000 for charity is a significant accomplishment.
Product Sales: - Selling 100,000 units is a milestone for successful product launches.
Vehicle Mileage:- Cars reaching 100,000 miles are seen as reliable if well-maintained.
City Population: - Cities with 100,000 residents are often classified as medium-sized.
Scientific Research: - 100,000 data points can lead to statistically significant findings.
Mass Gatherings: - Events with 100,000 people can have major social impacts.
He wanted to help people understand how much money they were spending on food each month. To do so, he came up with the idea of creating a metric called “The 100k Rule.” This rule states that if you spend more than $100 per day on food, then you should lose weight.
According to the Bureau of Labor Statistics, the average American household earns approximately $50,000 annually. However, there are some who earn significantly more than others. One such individual was Mark Zuckerberg, founder of Facebook. He earned an estimated $1 billion in 2012 alone.
