Nick Gray: Museum Hack spends up to $80K monthly on payroll
Nick Gray · EP 407: 10,000+ $50 Museum Tour Tickets Sold with Nick Gray of Museum Hack · Sep 4, 2016 · at 11:15
Nick Gray, founder of Museum Hack, details the company's labor costs and payroll expenses relative to revenue.
0:00 / 0:18exact quote · 18.1s
720p mp4 · rendered on demand · StarZero watermark
“Estimate is 60 to 80,000 dollars per month on payroll. I know that payroll continues to be our largest expense. Last year it was 70%. We spent over seven or 800,000 dollars last year of that 1.3 million on labor.”
quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →
More from Nick Gray
Nick Gray: Many personal passions are worthless and cannot be monetized
“No, I think a lot of passions are totally worthless and you're never going to sell them to the market.”
Nick Gray: Exporting LinkedIn contacts to Revue is a grey-hat growth tactic
“You can go to LinkedIn, export all your contacts, dump them into Review, and send them a newsletter of cool stuff, questionable whether that's legal.”
Nick Gray: Museum Hack generated $1.3M in total revenue in 2015
“Total revenue, 1.3 million dollars.”