June 2024 Income Report
Entrepreneurs on Fire
John Lee Dumas
4.8 • 4.1K Ratings
🗓️ 26 July 2024
⏱️ 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/income130, and IGNITE!
June 2024 Income At-A-Glance
Gross Income for June: $124,823
Total Expenses for June: $12,902
Total Net Profit for June: $111,921
Difference b/t June & May: -$70,204
Percentage of net profit to overall gross revenue: 90 percent
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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 |
| 0:07.5 | brought to you by the HubSpot Podcast network the audio destination for |
| 0:11.0 | business professionals with great shows like Gold Digger Podcast. |
| 0:15.0 | In today, Foundation, we're talking about the Income Report for June of 2024, |
| 0:21.0 | and we have a lot of cool things to talk about, Bo's first trip, of course a great tax tip, and |
| 0:28.9 | oh so much more Fire Nation, when we get back from thinking our sponsors. |
| 0:34.0 | Nudge hosted by Phil Agnew is brought to you by the HubSpot Podcast Network, |
| 0:38.0 | the audio destination for business professionals. |
| 0:40.0 | Ever notice how the smallest changes can have the biggest impact on nudge |
| 0:44.0 | you learn simple evidence back tips to help you kick bad habits get a raise and |
| 0:48.0 | grow a business. Oh and it's the UK's fast-growing business podcast a recent |
| 0:51.9 | episode on how to Win Any Argument |
| 0:53.9 | shares decade-long research into persuasion from a world-leading |
| 0:57.3 | neuroscientist. Listen to Nudge wherever you get your podcast. |
| 1:02.4 | All right, Fire Nation, we are back and our June 2024 income at a glance goes as follows. |
| 1:08.7 | Gross income for June was $124,823. Our total expenses were $12,902 for a net profit of $111,921 for a percentage of net profit |
| 1:21.7 | to overall gross revenue of a sweet 90% |
| 1:26.0 | and Fire Nation as I said we're talking about some cool things today |
| 1:29.0 | Bo's first trip myself speaking in Tulsa, with none other than the Tim Teboe, and oh so much more. |
| 1:37.4 | But first I want to dive into Ron, Mr. CPA on Fire himself, who has a great monthly tax tip all about the benefits of |
| 1:45.9 | the R&D tax credit for business owners. Ron what's up brother and take it away. |
| 1:51.1 | Hello John and hello Fire Nation. |
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