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Entrepreneurs on Fire

BONUS: Income Report December 2017

Entrepreneurs on Fire

John Lee Dumas

Business, Careers, Entrepreneurship

4.84.1K Ratings

🗓️ 9 January 2018

⏱️ 41 minutes

🧾️ Download transcript

Summary

December 2017 Income At-A-Glance

Gross Income for December: $210,291

Total Expenses for December: $66,798

Total Net Profit for December: $143,493

Difference b/t December & November: -$11,103

Transcript

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0:00.0

What's shaken fire nation J L D here and welcome to December's 2017's income

0:10.3

report and what a way to close the year a lot of stuff going on a lot of

0:16.2

traveling a lot of awesomeness and we're gonna be getting into all of that

0:20.0

coming up in this audio income report. First off let's give a little income at

0:25.5

a glance. Our gross income for December 2017 was $210,000. Our total expenses were

0:33.9

$66,000 for a total net profit of $143,493 which puts us $11,000 less than

0:45.5

November and why do we publish an income report? Well it's a good question

0:49.7

fire nation but we myself and Kate and the whole EO fire team we want to share

0:54.5

with you what's working in our business so that you can maybe mimic or copy or

0:59.5

just model after some of our successes but we also show you what's not working in

1:04.8

our business so that you can avoid the pitfalls and the struggles and the obstacles

1:08.0

that we face on a month-to-month basis. We're gonna give you a little bit of

1:11.1

both the good and the bad be open on as transparent and of course we have the

1:16.6

man the myth the legend Josh on the line he is Mr. CPA on fire himself with

1:24.1

our monthly tax tips so Josh what's going on brother? Seriously though how is

1:29.4

it 2018? It just blinked in those here but John I know you're all the way down

1:37.2

there in Puerto Rico but you may have heard a thing or two about this new tax

1:40.1

plan is it is it crossed your path at all? You know it has because I listened to

1:43.0

plant money and they did a little rendition on it so it made me think our

1:48.2

cat and I'm moving back to the States anytime soon. It's not quite that good but

1:53.4

it is a pretty massive tax overhaul for the first time in our lifetime I think

1:57.6

and certainly in a long time it's a very big change to the tax code and of

...

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