Consider the total amount you’re willing to spend to start your business. After selling your items, you want your total amount earned to be at least three times the amount you originally spent.
How much money are you hoping to earn from selling your products?
If you want your total earnings to be at least three times the amount you originally spent, then the total amount you hope to earn from selling your products should be three times the amount you originally spent.
So, if you are willing to spend $10,000 to start your business, then you would hope to earn at least $30,000 from selling your products.