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Entrepreneurs on Fire

Income Report for June 2023: A month in the office, commitment, and more!

Entrepreneurs on Fire

John Lee Dumas

Business, Careers, Entrepreneurship

4.84.1K Ratings

🗓️ 14 July 2023

⏱️ 22 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/income118, and IGNITE!

June 2023 Income At-A-Glance

Gross Income for June: $166,055

Total Expenses for June: $10,337

Total Net Profit for June: $155,718

Difference b/t June & May: +$1,490

% of net profit to overall gross revenue: 94%

Sponsors

HubSpot HubSpot's AI- powered tools are changing the way you create content and communicate with your customers! Find out more about how to use AI to grow your business at HubSpot.com/artificial-intelligence

Thrivetime Show Is this your year? Visit ThrivetimeShow.com/eofire to see how Clay Clark's business coaching has helped thousands of entrepreneurs to dramatically increase profitability

Transcript

Click on a timestamp to play from that location

0:00.0

Boom! Shake the room, Fire Nation! JLD here and welcome to Entrepreneurs on Fire, brought

0:08.2

to you by the HubSpot Podcast Network with great shows like Success Story. Today we are

0:14.9

talking about our income report for June 2023 and we have some fun things to talk about

0:22.8

as soon as we get back from thinking our sponsors.

0:27.4

As business owners, it's part of our job to stay ahead of the curve and with AI stealing

0:31.7

to show these days it's time to study up. But where do you even start? Start with HubSpot.

0:37.5

HubSpots, AI power tools, including their content assistant and chat spot are changing the

0:42.4

way you create content and communicate and serve your customers. Take HubSpots content

0:47.5

assistant as an example. It helps you brainstorm, create and share content in no time and you

0:52.4

can do it all right inside. They're super easy to use CRM platform and with chat spot,

0:57.4

HubSpot's conversational bot and CRM whiz, you can not only quickly pull reports for data

1:02.4

and metrics but also learn how to automate manual tasks inside HubSpot for better engagement

1:07.1

with customers and more closed deals. These tools run on open AI's GPT model and both are

1:13.2

designed to help you get more done all while growing a better business faster. Find out more

1:18.3

about how to use AI to grow your business at hubspot.com slash artificial dash intelligence.

1:25.8

Is this your year? Visit thrivetimeshow.com to see testimonials of how clay clerks business

1:31.4

coaching has helped over 2000 entrepreneurs to dramatically increase profitability. It's

1:36.6

month to month and less money than an average minimum wage employee. Schedule your free

1:42.0

consultation today at thrivetimeshow.com. All right, Fire Nation. We are back and we are excited

1:49.7

to dive into things today. Our gross income for June was $166,000 in $55. Our expenses were

1:58.1

$10,337, a net profit of $155,718, a $1500 increase between June and May. Our net profit was

2:12.0

our highest ever. The net profit to overall gross revenue percentage 94%. We really kept

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