Magic number is defined as:
A) the number of employees hired by a start-up in the first year.
B) the post-tax income the entrepreneur personally seeks from the business.
C) the number of loyal customers.
D) the income a start-up is able to generate from quarterly sales.

Question

Quizplus · Accepted Answer

The magic number refers to the post-tax income that an entrepreneur personally seeks from the business, which is a target or goal for financial success.

Magic Number Is Defined As