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/income55, and IGNITE!
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Show Notes
(click the time stamp to jump directly to that point in the episode.)
- [0:30] – Income review from JLD
- Gross Income: $195,009
- Expenses: $61,982
- Net Income: $133,027
- Difference between Mar and Feb 2018: -$6,352
- Check out our detailed income report for March!
- [1:15] – Monthly tax tip from CPA On Fire, Josh Bauerle
- The importance of building the right team around you and making sure they’re all working together.
- Visit cpaonfire.com/firenation to find out what entity to choose for your business, and if you have any questions reach out to Josh at josh@cpaonfire.com!
- [8:00] – Legal tip from David Lizerbram
- How to maintain your corporation or LLC on an annual basis.
- Visit productsofthemind.net/eofire for David’s free resource on intellectual property!
- [13:00] – What went down in March at the Entrepreneurs On Fire studio!
- [13:30] – Kate & John dive into their experience at SMMW
- [15:40] – Kate shares her biggest takeaways from Michael Stelzner’s keynote at SMMW.
- [17:00] – Check out our recap of SMMW and get Kate’s notes from the conference!
- [17:40] – John’s biggest takeaway from Michael’s keynote.
- [19:00] – John and Kate talk about John’s podcasting panel at SMMW.
- [22:00] – Kate comments on the format John put together for the panel.
- [27:30] – Follow John on Instagram to get a behind-the-scenes look at his travels :)
- [28:15] – Thanks to our Sponsors!
- [29:30] – John talks about his experience at a mastermind in TN with Ryan Levesque, Jeff Walker, Laura Phillips and others!
- [33:30] – John talks about the unique format of this mastermind and what was discussed.
- [37:40] – Kate & John talk about their return to Puerto Rico after 5 weeks of travel
- [39:00] – Full focus mode! Kate talks about the projects they worked on during the last half of March.
- [40:15] – Current projects review (our Fire FOCUS)
- [41:00] – We talk in detail about our Fire FOCUS for 2018 in Episode 1971.
- Episode 1971 on Entrepreneurs On Fire about BIG changes coming in 2018.
- [41:45] – Survey results from YOU, Fire Nation!… and how we’re using that info.
- Tune in to hear John do a deep dive review of the survey results.
- [45:45] – How you can create a survey for your audience!
- Check out our blog deep dive on how you can create a survey for your audience (coming soon…)
- [46:10] – Income breakdown from John
- [13:30] – Kate & John dive into their experience at SMMW
- [48:25] – Biggest Lesson Learned in March
- [38:30] – FOCUS: Follow One Course Until Success!
- [49:00] – We got a little carried away at the end of March, and we were trying to work on too many things at the same time.
- [49:30] – How easy it is to get wrapped up and excited about several projects; working on multiple big projects at the same time doesn’t work!
- [51:30] – Prioritize the big goals you have and tackle ONE at a time!
Killer Resources!
1) The Common Path to Uncommon Success: JLD’s 1st traditionally published book! Over 3000 interviews with the world’s most successful Entrepreneurs compiled into a 17-step roadmap to financial freedom and fulfillment!
2) Free Podcast Course: Learn from JLD how to create and launch your podcast!
3) Podcasters’ Paradise: The #1 podcasting community in the world!
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