(#224) The REAL inside scoop behind a $7,000,000/year business

Manifestation Babe

Kathrin Zenkina

Education, Health & Fitness

4.9 • 4.7K Ratings

🗓️ 16 January 2022

⏱️ 67 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

I am bringing you none other than Brennan King O’keefe! We are finally releasing one of the most requested episodes, our year-end finances episode!

In this episode, Brennen and I are going to bring back the CEO report. We are going to be sharing all juicy behind-the-scenes numbers of what it took to run our business in the last year. Brennan will be sharing what our goal was in 2021, and what we ended up making in revenue. He is also going to be sharing his financial WISDOM and so much more! So sit back, push play and let’s begin.

In this episode, Brennan and I talk all about Manifestation Babe’s finances! If you or someone you know has benefited from this episode be sure to tag me @manifestationbabe on Instagram and Brennen @brennankingokeefe and share this episode with your community to spread the word! I am curious to hear all about your experience. Also, be sure to leave a review on iTunes in order to receive a free manifestation hypnosis. Just screenshot it before submitting it and email it to my team at [email protected] and I will see you in the next episode.

In This Episode You Will Learn :

The importance of setting audacious goals (4:20)

How many people are on the MB team? (12:08)

Do we offer our employees benefits? (17:55)

Why do we keep going as a company? (27:54)

Mistakes entrepreneurs make (34:07)

How much revenue was made from MBA in 2020? (38:51)

How much do we pay for marketing? (47:10)

What was our profit margin in 2020? (51:37)

How much do we put towards investment each year? (55:28)

Do we have a trust fund? (58:01)

Questions We Answer:

What was our goal in 2020 and 2021? (4.56)

What was our revenue in 2021? (10:42)

What does our hiring process look like? (16:12)

What does “full benefits” mean? (20:23)

How I knew I had to hire my first employee? (29:14)

What were the different streams of revenue that contributed to our 2020 and 2021 goals? (35:14)

What do the monthly expenses look like to run our business? (41:34)

How much money would you need to start a business like mine today? (53:04)

How did we find someone for our tax and wealth management? (59:45)

Links/Resources

Connect with Brennan on Instagram

Stay Up to Date with All of Our MB Resources

Download Transcript

Transcript

Click on a timestamp to play from that location

0:00.0	Welcome to the Manifestation Bay Podcast. My name is Catherine Zinkina and I'm a Manifestation
0:20.6	expert, mastermindset coach, and multiple seven figure entrepreneur. I'm obsessed with
0:26.2	helping you achieve everything that you once thought was impossible. If you're looking to massively
0:31.4	uplevel your life, your finances, your relationships, your product to be of success, then you have come to the right place.
0:39.2	My goal in this podcast is to help you see the infinite potential within yourself to be, do, and have anything that your heart desires.
0:49.2	Think of this podcast as your weekly dose of mindset development to help you maximize who you are and where you're going.
0:57.2	Leave it to me to provide you with tools, the resources, the strategies, and teachings that you need to manifest the reality
1:05.2	while there's any walled the strings. I know we're about to have so much fun together, so thank you so much for pushing play today,
1:12.2	and now let's begin.
1:14.2	Hello, beautiful souls and welcome back to the Manifestation Bay Podcast. I'm bringing to you live from a dining room,
1:24.2	Brennan King O'Keefe, and we're finally sitting down to record the Manifestation Bay financials episode,
1:34.2	year in review. 2021 is over, and I used to do this thing called the CEO report.
1:43.2	Brennan vowed to take over those, but never got around to that because to be quite honest, he's too busy in the numbers to ever sit down and write about the numbers.
1:54.2	So I figured what better way to bring the CEO report back, then to sit down and talk all about the juicy behind the scenes, numbers of what it took to run our business in the last year.
2:12.2	Can you just start us out by telling us what was our revenue in 2021?
2:19.2	And also one of the questions we got, which you guys submitted the best question. I actually, like Brennan, I'm not even lying.
2:27.2	I've never received so many questions. Like I do Q&A's when we travel all the time.
2:34.2	This received way more questions than any box that I've ever put up on Instagram. So people want to know the deeds.
2:42.2	Okay. What was our goal in 2021? And what do we end up doing? Let's start there.
2:48.2	Well, let me start with the a few things. First off, I like the kitchen table office. You guys can't see this, but I literally have my slipper feet on the table right now.
3:00.2	And aside from that, I just want to say a quick caveat, which is 2021 is complete. But for those of you who run businesses, you know that when the calendar, your tics over, nothing is done yet.
3:13.2	It's time for tax.
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Kathrin Zenkina, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Kathrin Zenkina and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.