Income Report for October 2019
Entrepreneurs on Fire
John Lee Dumas
4.8 • 4.1K Ratings
🗓️ 15 November 2019
⏱️ 49 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/income74, and IGNITE!
Oct 2019 Income At-A-Glance
Gross Income for Oct: $182,208
Total Expenses for Oct: $25,854
Total Net Profit for Oct: $156,354
Difference b/t Oct & Sept: +$48,646
% of net profit to overall gross revenue: 86%
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Transcript
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| 0:00.0 | What is shaken fire nation JLD here with of course the lovely Kate Erickson and |
| 0:10.0 | together we with of course the help of our accountant Josh Barley are going to |
| 0:15.8 | deliver an incredible income reports of October 2019. This one is an official |
| 0:25.4 | podcast meeting we have sponsors myself a cater back in the headquarters the |
| 0:30.3 | fire HQ so we are excited to bring you great audio quality great energy or |
| 0:36.4 | excited to be back in Puerto Rico we've been getting vitamin D now for a couple |
| 0:40.4 | weeks so life is good and we have a very cool vacation income report come in |
| 0:47.8 | your way so real quick our October 2019 income at a glance for the month of |
| 0:54.7 | October our gross income was a hundred and eighty two thousand two hundred and |
| 0:59.9 | eight dollars our total expenses which I know I'm very proud of in Kate's very |
| 1:05.1 | excited about we're all the way down to twenty five thousand eight hundred and |
| 1:09.7 | fifty four dollars which of course is a ton of money for one month of |
| 1:14.3 | expenses but that gives us a net profit for our overall gross revenue of eighty |
| 1:20.5 | six percent and my friends I challenge you to find any company that's making |
| 1:25.8 | seven figures out there with a higher net profits percentage than that if |
| 1:32.1 | if they're out there congratulations to you because you are running an incredibly |
| 1:36.2 | lean in profitable business but we are really excited about that because that has |
| 1:40.3 | been our biggest focus as we mentioned a few times here in 2019 so that gives us |
| 1:44.7 | a total net profit for the month of October of a hundred and fifty six thousand |
| 1:48.4 | dollars which is actually a forty eight thousand dollar increase over the month |
| 1:53.6 | prior which by the way is also exciting because we were in France for the entire |
| 2:00.2 | month of October on vacation now did we get up and check our emails and get into |
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