In this podcast, the hosts discuss their September 2023 income report and give tips on sales tax for digital products. They also talk about concerns regarding AI and non-disclosure agreements. Additionally, they provide tips for growing your business and celebrate Entrepreneurs on Fire's 11th birthday.
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Quick takeaways
Embracing change presents new opportunities for growth and learning.
Entrepreneurs on Fire celebrates their 11-year anniversary and looks forward to more success in the future.
Deep dives
September Income Report Highlights
In September 2023, Entrepreneurs on Fire generated a total product and service income of $157,000, with journal sales at 78, freedom sales at 38, mastery sales at 28, and two digital packs sold. Podcast sponsorships amounted to $147,000, while affiliate income reached $3,700. Expenses were kept minimal at $11,896.
Embracing Change
In her reflection on the month, Kate shares the valuable lesson she's learned about embracing change. While change may bring about fear and discomfort, Kate has realized that it also presents new opportunities for growth, learning, and trying new things. As they approach welcoming their first child, Kate and John remind themselves that change is a beautiful thing and they have the ability to choose how they react and adapt to the changes that lie ahead.
Celebrating 11 Years
Entrepreneurs on Fire marks their 11-year anniversary. The podcast has achieved significant milestones throughout the years, such as winning Best of iTunes in 2014, hitting one million downloads in a month in 2015, launching successful Kickstarter campaigns for their journals in 2016 and 2017, and joining the HubSpot Podcast Network in 2021. John and Kate express their gratitude to the Fire Nation for being part of their journey and look forward to even more years of success.
Final Pre-Baby Trip
John and Kate embark on their final trip before the arrival of their baby. They start with an epic four-day Dave Matthews Band concert at the Gorge Amphitheater in Washington, followed by attending HubSpot's Inbound Conference in Boston, where John speaks on stage with J. Klaus and Stephen Bartlett. They then head to Maine for quality time with family, enjoying the lake, a baby shower, and creating lasting memories before returning home to prepare for the imminent arrival of their baby.
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/income121, and IGNITE!
September 2023 Income At-A-Glance
Gross Income for September: $160,879
Total Expenses for September: $11,896
Total Net Profit for September: $148,983
Difference b/t September & August: +$38,901
Percentage of net profit to overall gross revenue: 93 percent
Sponsors
HubSpot Put your sales team on the fast track to winning Q4 with Sales Hub Learn more at HubSpot.com/sales
Millionaire University Podcast Teaching you how to run a successful business and graduate rich, not broke Find Millionaire University on Apple, Spotify, YouTube, or wherever you get your podcasts.
Belay Don’t be the bottleneck to your organization’s growth! Schedule a free delegation consultation with Belay Text FIRE to 55123 to schedule your delegation consultation today
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