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Entrepreneurs on Fire

INCOME REPORT May 2020

Entrepreneurs on Fire

John Lee Dumas

Business, Careers, Entrepreneurship

4.84.1K Ratings

🗓️ 12 June 2020

⏱️ 26 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/income81, and IGNITE!

May 2020 Income At-A-Glance

Gross Income for May: $232,658

Total Expenses for May: $31,707

Total Net Profit for May: $200,951

Difference b/t May & Apr: +$92,581

% of net profit to overall gross revenue: 86%

Sponsors:

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Transcript

Click on a timestamp to play from that location

0:00.0

What is shaken fire nation JLD here with our monthly income report, but we are doing

0:11.2

things a little different today.

0:13.8

We are still going to start the show off on the same note with my CPA, Josh and my lawyer

0:18.9

David.

0:20.0

They have some really important things to talk about during these definitely interesting

0:25.7

crazy and sad times that we are dealing with right now.

0:30.4

So we're going to kick those off because those are two very important topics we're going

0:33.8

to talk about.

0:35.1

Then instead of sharing our numbers today, myself and Kate are going to have an open conversation

0:40.2

about a few things that have been going on in 2020 that we want to address.

0:45.4

So stick around if you want to listen to that open conversation after hearing from Josh

0:49.7

and David.

0:51.2

And if you do want our numbers, we did publish those on our websites, eofire.com slash income.

0:59.0

We have our specific gross income total expenses net profits every dollar that we spent expense

1:05.6

wise.

1:06.6

We break it all down, per normal at eofire.com slash income.

1:11.4

So definitely check that out if you have interest for that.

1:14.4

But we do hope you stick around for these very important conversations with David and

1:18.0

Josh and then the open conversation with myself and Kate about what's been happening

1:21.8

in 2020.

1:22.8

So let's give a quick thanks to our sponsors and then we'll kick right in fire nation.

1:28.0

This episode is brought to you in parts by clavio, the ultimate e commerce marketing platform

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