137. How I Made $120,716 Dollars In 90 Days + BIG ANNOUNCEMENT (Q1 2022 Income Report)
Cubicle to CEO
Ellen Yin
5.0 • 580 Ratings
🗓️ 11 April 2022
⏱️ 7 minutes
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| 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. |
| 0:32.2 | Hey everyone, we are back for our first income report of 2022. |
| 0:33.9 | So quarter one just wrapped. |
| 0:39.9 | This is now our fourth year of sharing our business income reports. I can't believe that I have been doing this for so long, but it is just such an awesome way to document this journey |
| 0:44.9 | of being an entrepreneur, all of its ups and downs. And I try to keep these income reports as |
| 0:50.9 | helpful to you as possible by sharing insights that I think will benefit you no matter |
| 0:55.2 | where you are in your own business journey, as well as transparently sharing numbers because we |
| 1:00.4 | don't know what we don't know. And the whole purpose of financial reports and income reports |
| 1:05.2 | is to help us diagnose our own financial blind spots. |
| 1:14.0 | As for quarter one, 2022. |
| 1:20.2 | So in this first three months of the year, so January, February, and March, our business made a total of $120,000 and some odd dollars. |
| 1:26.6 | So 120,000 total revenue. That's gross revenue. And then our |
| 1:33.2 | pre-tax profit percent sat right about 31 percent, a little over 31 percent. And our net income from |
| 1:43.8 | that was just shy of 38,000. As you can see from this |
| 1:48.9 | quarter one income report, I think this is the first time that, if I'm remembering correctly, |
| 1:55.0 | I'm pretty sure that this is the first time in my entire business where year over year, so like if you compare |
| 2:02.0 | 2022 to 2021, that our income report has actually gone down in a year over year comparison. |
| 2:10.0 | So if you're comparing my quarter one, 2022 income report to my quarter one, |
| 2:15.7 | 2021 income report, |
| 2:20.3 | which will be linked below in the show notes if you want to check that out. |
| 2:23.1 | There's a significant difference there, right? Because last year in quarter one, in February alone, |
| 2:28.0 | we had over a $100,000 month. |
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