Income Report for February 2023: 8 Great Quotes from JLD, MowPod Advertising, and more!

Entrepreneurs on Fire

John Lee Dumas

Content, Passive, Entrepreneuronfire, Podcast, Money, Entrepreneurs, Income, Success, Business, On, John, Marketing, Eofire, Entrepreneurship, Online, Dumas, Niche, Fire, Careers, Media, Lee, Internet, Mobile, Interview, Entrepreneur, Seo, Finance, Social

4.8 • 4.1K Ratings

🗓️ 17 March 2023

⏱️ 27 minutes

🔗️ Recording | iTunes | RSS

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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/income114, and IGNITE!

February 2023 Income At-A-Glance

Gross Income for February: $145,734

Total Expenses for February: $14,596

Total Net Profit for February: $131,138

Difference b/t February & January: -$23,553

% of net profit to overall gross revenue: 90%

Sponsor:

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Transcript

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0:00.0	Boom! Shake the room, Fire Nation! JLD here and welcome to Entrepreneurs on Fire. Brought to you by the HubSpot podcast network with the great shows like My First Million.
0:11.5	Today is the Income Report for February, 2023. It's going to be a doozy Fire Nation for sure.
0:22.3	We're going to talk about my eight favorite quotes that I keep saying over and over again because I believe in them so much.
0:31.1	We're going to talk about some podcasts advertising that we did with MOPAWD at the end of 2022.
0:37.7	And of course, our CPA on Fire, Ron, is going to be talking about tax day liability.
0:43.9	You don't want to miss that. We have so much in more when we get back from thinking ours sponsors.
0:50.6	Online Marketing Made Easy Podcast hosted by A&B Porterfield is brought to you by the HubSpot podcast network, the audio destination for business professionals with a focus on online business.
1:00.7	A&B and her guest breakdown, big ideas and strategies and actionable step-by-step processes.
1:05.5	In a recent episode, Amy talks with Michael Hyatt about science-back data on how thoughts influence your success.
1:11.2	Listen to online marketing made easy wherever you get your podcasts.
1:16.5	Alright, Fire Nation, a February 2023 income at a glance coming at you right now.
1:21.5	Our gross income for February was 145,734.
1:25.5	Our total expenses were 14,596. Our net profit, 131,138. 131,138.
1:34.6	That is a 23,533,553 drop from January.
1:41.5	But our net, our percentage of net profit overall gross revenue was 90%, which is a number that we love and we have it as a goal every single month.
1:50.1	So, exciting things there and exciting things for the rest of the income report.
1:55.0	Without further ado, Ron, CPA on Fire, take it away, brother. You are monthly tax step.
2:01.3	Hello, John and hello, Fire Nation. This is Ron Parisi with CPA on Fire for your February 2023 tax in the county tip.
2:11.1	Hey, we have a timely topic. It's mid-March 2023 and the big deadline, the April 15th deadline is coming upon us fast.
2:21.0	And at least this year, 2023, a little note that our tax deadline is not the 15th, but April 18th, 2023, just due to the way the 15th falls this year.
2:33.4	But today, I want to talk about the number one tax surprise of entrepreneurs in my long career,
2:40.5	particularly when I talk to prospects of CPA on Fire. They always share with me the big tax surprise they had some point in their entrepreneurial career.
	...

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