January 2024 Income Report
Entrepreneurs on Fire
John Lee Dumas
4.8 • 4.1K Ratings
🗓️ 16 February 2024
⏱️ 31 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/income125, and IGNITE!
January 2024 Income At-A-Glance
Gross Income for January: $146,283
Total Expenses for January: $10,863
Total Net Profit for January: $135,420
Difference b/t January & December: +$5,844
Percentage of net profit to overall gross revenue: 93 percent
Sponsor:
HubSpot Starting your year off strong and accomplishing goals like increasing revenue and faster growth starts with the right selling tools. And for that, there's the all new Sales Hub from HubSpot! Head to HubSpot.com/sales to try it for free
Transcript
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| 0:00.0 | Boom Shake the Room Fire Nation. JLD here and welcome to |
| 0:05.6 | entrepreneurs on fire brought to you by the HubSpot Podcast Network, the |
| 0:09.0 | audio destination for business professionals with great shows like sales evangelists. |
| 0:13.6 | Today is the income report for January of 2024 |
| 0:17.3 | and we have a lot of fun stuff to talk about today. |
| 0:20.0 | We'll be talking about planning your exit strategy. We're also gonna be talking about the new beneficial ownership information |
| 0:26.4 | reporting requirements, important stuff fire nation. Plus we'll be talking |
| 0:30.6 | about parenthood, our interview of the month, and so much more. |
| 0:34.9 | All of this as soon as we get back from thanking our sponsors. |
| 0:39.4 | Marketing Made Simple hosted by my friend Dr. J.J. Peterson is brought to you by the HubSpot |
| 0:43.8 | Podcast Network the audio destination for business professionals. |
| 0:46.7 | Marketing made simple brings you practical tips to make your marketing easy and |
| 0:50.3 | more importantly make it work a recent episode on whether vulnerability is a superpower and business is a must listen listen |
| 0:56.2 | Listen to marketing made simple wherever you get your podcast |
| 1:01.1 | All right Fire Nation we are back and we have a lot to get you today so I'll dive right in with our income at a glance for January of |
| 1:07.8 | 2024 our gross income was 146,283,283. |
| 1:12.8 | Our total expenses were $10,863. |
| 1:16.4 | We keep trimming those down for a total net profit |
| 1:19.7 | of 135,422 dollars for a $5,000 increase over last month. |
| 1:26.0 | That is a 93% net profit overall gross revenue number, |
| 1:29.4 | and I love that. |
| 1:31.1 | In Fire Nation, today we're gonna start with CPA on fire, Mr. Ron himself, sharing with us what we need to know about planning our exit strategy. Ron, take it away. |
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