192- 2020 Year End Business Review: Breaking Down Revenue, Expenses, Profit & Lessons Learned

Journey To Launch

Jamila Souffrant

Business, Investing

4.9 • 1.7K Ratings

🗓️ 30 December 2020

⏱️ 71 minutes

🔗️ Recording | iTunes | RSS

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Summary

In this week's solo episode, I'm sharing the behind the scenes numbers of how Journey To Launch did this year; income, expenses & profit. We increased our business gross revenue by 217% from 2019 and I want to share how I was able to accomplish that incredible growth. I'm also sharing the lessons learned from 2020 and my goals for 2021 I'm sharing these numbers so that I can be transparent about my journey as an entrepreneur to inspire you to go after your dream and make whatever excites you in your life happen.

2020 also marks two full years on my entrepreneurship journey and I am so proud of the milestones I am able to share with you today.

In this episode you'll learn:

How much Journey to Launch made in 2020 and the profit breakdown
Why I started Journey to Launch
How I was able to quit my job in 2018
How I can be selective and work from a place of integrity
Wins and milestones Journey to Launch has accomplished this year and much much more...

Special thanks to DCU for sponsoring the episode! Learn more about DCU by clicking here.

Other related blog posts/links mentioned in this episode:

On episode 61, I shared about quitting my job: Why & How I Quit My 6-Figure Job & How This Affects My Journey To Financial Independence
On episode 132, I talked about my 2019 Year End Review & How Investing In Yourself is The Greatest Gift.
On episode 185: Give Yourself More Credit & Honor the Journey; A Personal Coaching Conversation w/ Saundra Davis. It's a unique episode because Saundra gave me a personalized coaching session and helped me clarify 2020 as a breakout year for the business.
The next two episodes were with Teri Ijeoma of Trade and Travel and a roundtable discussion I had with her students and journeyers. Episode 154 was How Teri Ijeoma Quit Her Job to Begin Trading Full Time and Travel the World. Episode 172 was also with Teri on Reaching Financial Independence, Buying her Dream Home in Cash & Amassing a $2 Million Portfolio. Then, Episode 173 was the roundtable discussion with Shaina, Crystal, and Shamessia: Learning Swing Trading as a Side Hustle to Pay Off Debt, Save & Reach Your Money Goals (Real Experiences from Real Journeyers).
Here is the Instagram post that I shared on Twitter about my 2019 Year End Review of gross revenue and expenses for my first year as an entrepreneur running Journey to Launch.
Lastly, in this Instagram post I share the amazing team that I mentioned in the episode that helped me with my photoshoot in late August. I tag the photographer- Taylor, stylist- Elsa, makeup artist- Tara, and my assistant/ movement director- Shaina.
If you missed enrollment join the waitlist for my FI course.
Check out the other tools that help me with my finances and business here.
Check out the Journey To Launch Podcast index here which categorizes all of the Journey To Launch podcast episodes by subject. Now you can binge on your favorite topics or type of episode.
Join The Weekly Newsletter List
Leave me a voicemail– Leave me a question on the Journey To Launch voicemail and have it answered on the podcast!
Watch me on News12 Watch my latest segments on News12
YNAB – Start managing your money and budgeting so that you can reach your financial dreams. Sign up for a free 34 days trial of YNAB, my go-to budgeting app by using my referral link.

Connect with me:

Transcript

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0:00.0	You're listening to the Journey to Launch Podcast, a 20-20 year end review and
0:06.2	lessons I learned from this year.
0:08.4	T-minous 10 seconds.
0:10.9	Welcome to the Journey to Launch Podcast with your host Jamila Sufrant as a money expert who
0:16.9	walks her talk. She helps brave journeys like you, get out of debt, save, invest, and build real well.
0:25.0	Join her on the journey to launch to financial freedom in five, four, three, 2, 1.
0:38.0	Hey, hey, Juniors,
0:39.2	Happy Early New Year, or Happy New Year,
0:41.9	depending on when you are listening to this. I am,
0:45.0	wow, like I'm so excited to be rounding out the year with you. What a year it has
0:51.7	been. Oh my goodness and here we are and so for this episode I
0:57.4	wanted to pull back the curtain and share with you some real numbers of what Journey's launch as a business has been able to do this year.
1:07.0	I'm super proud of how far I've come and I want to share that with you guys in hopes that I can inspire you.
1:15.0	Whether you're a business owner or not, just inspire you to go after whatever your dream is
1:20.0	and to basically show you just the real right behind the scenes of what is taking to run
1:26.3	journeys launch so I'm going to actually be sharing my numbers how much journeys
1:29.3	launch made this year like the gross income how much we spent this year as a business, and then share
1:36.2	some more insights, lessons I've learned, things that I hope to do in 2021, and I'm wishing you that you also are reflecting and thinking about
1:48.5	your year right it's been a tremendous one on many fronts, and so I'm happy to share the behind the scenes of my year with you.
1:58.0	First, a word from today's sponsor.
2:01.0	Choosing to bank at a credit union is not only beneficial for your
2:05.0	wallet but for your community too. You can improve your financial health and make a
	...

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