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Cubicle to CEO

104. Q2 2021 Income Report: The Unfiltered Story of Slow Growth, Low Profits, and $154,159 In 90 Days

Cubicle to CEO

Ellen Yin

Business, Marketing, Entrepreneurship

5.0580 Ratings

🗓️ 26 July 2021

⏱️ 7 minutes

🧾️ Download transcript

Summary

This is a free preview of ⁠Revenue Report Files⁠: an audio archive of five years of Cubicle to CEO’s quarterly revenue reports, from 2020 through 2024. Each episode breaks down our company’s profit and loss numbers, along with the context, decisions, and lessons from that quarter. Full episodes can be found at ⁠cubicletoceo.co/revenuereport⁠⁠ Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

The following teaser is pulled from Revenue Report files, an audio archive of five years of Cubicle to CEO's quarterly revenue reports from 2020 through 2024. Each episode breaks down our company's profit and loss numbers, along with the context, decisions, and lessons from that quarter. Full episodes can be found at cubicle to CEO.co slash revenue report.

0:28.8

Hey everyone, Ellen here.

0:30.7

Q2 2021.

0:34.3

So this was April, May, and June of this year.

0:39.1

These three months, I was honestly, I had to take a second last night when I was preparing for this episode. This year has felt so weird to me. It's like 2021, I can't believe we're

0:44.1

already more than halfway through it because I feel like it hasn't even started. But at the same time,

0:49.1

it feels like it's been here forever because even three months ago, I'm like, what was I doing in April?

0:54.0

I don't know.

0:55.0

So anyways, you guys know that I really love starting with wins and celebrations because I think

1:01.4

it's so important for us as business owners to celebrate our wins. One of the things that I loved

1:07.5

most about quarter two was getting to host our second round of pay to create.

1:12.4

I wanted to bring it back and there was a big demand to bring it back. So we did another one

1:17.1

at the end of May and it was so awesome. We had 129 first time course creators get their

1:23.5

course out into the world in literally three days, which is insane. And we've had some

1:29.4

incredible success stories from that challenge. One girl, Amina, who DMed me the other day and was

1:35.2

like, this challenge literally changed my life. I made $10,000. I had my first $10,000 month

1:41.4

from the course that I created in Pate to Create.

1:44.7

And that just, it blew me away.

1:46.8

So that was probably one of the biggest highlights, I would say, of quarter two.

1:53.6

Now let's talk about some of the takeaways and some of the aha moments, reflections,

2:00.4

or maybe things that didn't go as well.

2:03.2

So in quarter two, we made $154,000, $159, which is significantly less than we made in

...

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