INCOME REPORT December 2020
Entrepreneurs on Fire
John Lee Dumas
4.8 • 4.1K Ratings
🗓️ 15 January 2021
⏱️ 29 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/income88, and IGNITE!
December 2020 Income At-A-Glance
Gross Income for December: $211,169
Total Expenses for December: $32,558
Total Net Profit for December: $178,611
Difference b/t Dec & Nov: +$16,024
% of net profit to overall gross revenue: 85%
Sponsors:
Thrivetime Show: Looking for a business coach who has helped thousands of entrepreneurs just like you to increase their profitability by an average of 104% per year? Schedule your free consultation today with Clay Clark at ThrivetimeShow.com/fire!
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Transcript
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| 0:00.0 | Boom shake the room fire nation JLD here with the entrepreneurs on fire December 2020 |
| 0:12.2 | income reports fire nation our income at a glance for December 2020 on the gross side |
| 0:19.0 | of things was $211,169 our total expenses were $32,558 for a total net profit for |
| 0:29.7 | December of $178,611 that is an increase of $16,000 from November to December and that |
| 0:38.5 | gives us 85% net profit to overall gross revenue which makes me very very happy running the |
| 0:46.7 | lean mean profit making machine known as entrepreneurs on fire and fire nation today |
| 0:52.0 | we're talking about some really cool things I have my accountant Josh Barley on the |
| 0:56.3 | mic he's been talking about the individual stimulus checks the four key components to |
| 1:01.4 | the new relief bill on ppp round 2 by the way some really really important stuff for |
| 1:07.2 | everybody out there in the entrepreneurial and business world I may or may not have put |
| 1:13.6 | a ring on that finger you'll have to listen if you want to hear some more details on |
| 1:19.4 | what the heck that even means we're going to talk about five amazing bonuses for everybody |
| 1:25.2 | that pre orders pre orders my first traditionally published book the common path to uncommon success |
| 1:31.7 | and so much more when we get back from thinking hours sponsors we're all looking for new |
| 1:37.4 | ways to stay active from home these days and fight camp can help fight camp brings the |
| 1:41.8 | boxing gym right to your home with a mix of cardio and conditioning for a full body |
| 1:45.6 | workout visit join fight camp dot com slash fire to get free shipping on your new gym |
| 1:51.4 | today that join fight camp dot com slash fire looking for a business coach who has helped |
| 1:56.9 | thousands of entrepreneurs just like you to increase your profitability by an average |
| 2:00.7 | of 104 percent per year all for less money than would cost to hire a full time minimum |
| 2:05.8 | wage employee schedule your free consultation today with clay Clark a former small business |
| 2:11.4 | administration entrepreneur of the year at thrive time show dot com slash fire thrive |
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