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This podcast delves into the February 2024 income report of a 7-figure business, covering gross income, expenses, net profit, and sponsorships. Topics include tax preparation tips, AI for social media, and entrepreneurial insights on income sources and self-worth in entrepreneurship.
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Quick takeaways
- February 2024 had a net profit of $121,575 with a decline from January, reflecting the financial performance.
- Tax preparation tips included having necessary materials ready and disclosing crypto transactions, aiding in post-season tax planning.
Deep dives
February 2024 Income Report Overview
In February 2024, the podcast reported a gross income of $138,464, with total expenses amounting to $16,089, resulting in a net profit of $121,575. This marked a decline of $13,845 from January. The percentage of net profit to overall gross revenue was 88%, reflecting the financial performance of the podcast for the month.
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Listen to the best highlights from the podcasts you love and dive into the full episode