September 2024 Income Report
Entrepreneurs on Fire
John Lee Dumas
4.8 • 4.1K Ratings
🗓️ 25 October 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/income133, and IGNITE!
September 2024 Income At-A-Glance
Gross Income for August: $110,362
Total Expenses for August: $11,677
Total Net Profit for August: $98,685
Difference b/t August & July: -$35,373
Percentage of net profit to overall gross revenue: 89 percent
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Transcript
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| 0:00.0 | A boom, Shake the Room Fire Nation, JLD here and welcome to entrepreneurs on fire brought to you by the HubSpot Podcast Network, the audio destination for business professionals with great shows like Latin X in power. |
| 0:14.0 | Today is the income report for September of 2024 and wow do we have some value to deliver to you. |
| 0:21.5 | Of course we have a tax tip. We're going to be going |
| 0:24.0 | over the difference between good and bad debts. We're also going to be talking about |
| 0:27.8 | a legal tip. It's about term sheets for buyers and sellers when it comes to |
| 0:31.6 | businesses, so selling and buying a business. buyers and sellers when it comes to businesses. |
| 0:32.7 | So selling and buying a business. |
| 0:34.6 | We're gonna be talking about the interview of the month. |
| 0:37.6 | Our time in San Diego traveling, which was quite the blast, |
| 0:41.7 | some cool pictures as always |
| 0:43.2 | Bo is such a poser I'll tell you we took them to the desert we also went to |
| 0:48.2 | in bound in Boston which is Hubswas annual conference which is so fun and |
| 0:52.2 | fantastic some updates from that and |
| 0:54.0 | oh so much more and of course we'll be diving into everything as soon as we |
| 0:57.9 | get back from thanking our sponsors. The next wave your chief officer, hosted by Matt Wolf and Nathan Lands, is brought to you by the HubSpot Podcast Network, the audio destination for business professionals. |
| 1:10.0 | Matt Nathan are leading AI creators in your guiding light in the AI and technology frontier. |
| 1:14.8 | AI technology is transforming the way we do business and the media landscape is fragmented. |
| 1:20.0 | The next wave strives to be the leading podcast on AI technology and how you can apply it to growing your business. |
| 1:26.3 | Listen to The Next Wave, wherever you get your podcast. |
| 1:29.7 | Alright Fire Nation, we are back and ready to kick off this income report. |
| 1:35.0 | The gross income for September of 2024 was $110,362. |
| 1:40.7 | Our total expenses was $11,677 for a total net profit of $98,685. It is a negative $35,000 from August, |
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