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Entrepreneurs on Fire

February 2024 Income Report

Entrepreneurs on Fire

John Lee Dumas

Business, Careers, Entrepreneurship

4.84.1K Ratings

🗓️ 22 March 2024

⏱️ 19 minutes

🧾️ Download transcript

Summary

Every month we put together an income report to share a behind-the-scenes look at the ups and downs of running a 7-figure business. In full transparency, it's not easy – but it IS possible. Through hearing about our mistakes, lessons learned, and our wins, we hope to inspire and motivate you to take action in your business with just one step forward every single day. For our full income report, visit EOFire.com/income126, and IGNITE!

February 2024 Income At-A-Glance

Gross Income for February: $138,464

Total Expenses for February: $16,889

Total Net Profit for February: $121,575

Difference b/t February & January: -$13,845

Percentage of net profit to overall gross revenue: 88 percent

Sponsors

HubSpot With the HubSpot for Startups program, you can save 30-90 percent on a platform that scales right along with you To see if you're eligible to join the HubSpot for Startups program and take your growth to the next level, visit HubSpot.com/startups

Airbnb Have you ever considered hosting on Airbnb. Your home might be worth more than you think… Find out how much at Airbnb.com/host

FranBridge Many EOFire listeners have launched franchises in a variety of industries outside of food – and FranBridge Consulting has guided them to these premier opportunities! Sign up for a free consultation with Jon - or get a free copy of his book, Non-Food Franchising - at FranBridgeConsulting.com

Transcript

Click on a timestamp to play from that location

0:00.0

Boom Shake the Room Fire Nation. JLD here and welcome to

0:06.1

entrepreneurs on fire brought to you by the HubSpot Podcast Network with great

0:09.7

shows like content is profit. Today is the income report for February 2024 and we

0:15.8

have a lot to talk about as soon as we get back from thanking our sponsors.

0:20.9

Imperfect action hosted by Steph Taylor is brought to you by the sponsors. online marketing

0:32.7

point.

0:33.7

point join Steph Taylor as she answers all your business marketing questions.

0:36.2

Recent episodes include five must knows to sell your online course,

0:39.8

program or membership, and four steps to grow Your Email List for your next launch,

0:43.7

listen to Imperfect Action, wherever you get your podcast.

0:47.0

Many Eophire listeners have launched non-food franchises and Frambridge Consulting has

0:51.8

guided them. Frambridge's founder and Bridge Consulting has guided them.

0:53.0

Frambridge's founder and frequent Eofire guest, John Austinson, has done more placements

0:56.8

than any other in the country and his service is free.

1:00.0

Sign up for a consultation with John or get a free copy of his book non-food franchising at

1:04.6

Franbridge consulting.com.

1:07.5

All right Fire Nation, we are back and ready to rock with the February 2024 income at a glance our gross income for

1:15.0

February was a hundred and thirty eight thousand four hundred and sixty four dollars

1:18.4

our total expenses were sixteen thousand eighty nine for a total net profit to overall gross revenue was 88%.

1:36.2

So we have some cool things to talk about with TEDx talks.

1:39.7

We're also going to be talking about using AI for social media.

1:42.7

But first, let me hand it over to Mr. CPA

...

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