The term "7 figures" refers to the number of digits in a salary, net worth, or valuation, and means earning or having something worth between $1,000,000 and $9,999,999. It is commonly used to describe high incomes and is associated with financial success. A 7-figure salary is earned by making $1.0 million to $9.99 million in a year, and only a small percentage of people make this kind of money. While it is possible to earn a 7-figure income in various ways, such as owning a business or working in certain high-paying jobs, it takes a lot of hard work and dedication to achieve this goal.