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/income83, and IGNITE!
July 2020 Income At-A-Glance
Gross Income for July: $170,492
Total Expenses for July: $33,052
Total Net Profit for July: $137,440
Difference b/t July & June: +$5,298
% of net profit to overall gross revenue: 81%
Sponsors:
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Christy Whitman is a Transformational Leader, Celebrity Coach and Law of Attraction expert, and two times New York Times bestselling author. She is the author of Quantum Success.
Top 3 Value Bombs:
1. Everything is energy, you have access to any vibrational feelings. Whatever you want to experience, you can ask for it, and it will come to your body. Remember that your body is receptive.
2. You are emitting vibration out into the universe with the words that you speak, the thoughts that you think, the perspective that you have, the emotions that you feel or do not feel, and the action that you take.
3. You have to watch your words. Thoughts are a series of words, thoughts create beliefs, and beliefs create reality. Your beliefs create the momentum that you decide to do.
Unlock the power of words. Get your FREE 30-day training - Watch Your Words
Sponsors:
Thrivetime Show: Looking for a business coach who has helped thousands of entrepreneurs just like you to increase their profitability by an average of 104% per year? Schedule your free consultation today with Clay Clark at ThrivetimeShow.com/fire!
Secrets Masterclass: Join the founder of ClickFunnels, Russell Brunson, for a FREE masterclass to learn the 3 secrets that will IGNITE your business in 2020! EOFire.com/secrets
Jodi Daniels, Founder and CEO of Red Clover Advisors, a boutique privacy consultancy, helps companies build customer trust while complying with global privacy laws such as GDPR & CCPA.
Top 3 Value Bombs:
1. The design of two-factor authentication or multi-factor authentication is to make sure that the only person who can get into your account is authorized.
2. Companies should implement a defense-in-depth security approach to avoid a data breach.
3. Privacy is an essential element in building customer trust.
Put passwords in their place. We’ll take care of them for you - Dashlane
Sponsor:
ZipRecruiter: If you’re a company that’s currently trying to hire, you're having to face new difficulties. See how ZipRecruiter can help YOU hire. Try it now for free at ZipRecruiter.com/fire!
For 20 years, Inc. 500 Entrepreneur Dave Conklin has used his trademarked method, ProfitPaths®, to create new scalable revenue streams for businesses. He's the author of Lost @ 30,000 Feet.
Top 3 Value Bombs:
1. ProfitPaths® changes the way businesses grow by helping them create an extra business model so they can have multiple streams of predictable revenue
2. The book, Lost @ 30,000 Feet, is a guide to helping an entrepreneur communicate more effectively with their team.
3. Stop marketing your business as a whole. Have a niche and look at them as separate revenue-generating entities.
Get the different resources discussed in this podcast interview - and a lot more - ProfitPaths®
Sponsors:
Secrets Masterclass: Join the founder of ClickFunnels, Russell Brunson, for a FREE masterclass to learn the 3 secrets that will IGNITE your business in 2020! EOFire.com/secrets
Klaviyo: The ecommerce marketing platform that helps brands build relationships with memorable email and SMS messages. Learn more and get started with a free trial at Klaviyo.com/fire!
Kaylee Boyle is the founder of Gusto Mexico, a travel company that focuses on lighting up the senses through different cultural activities in captivating pueblos in Mexico.
Top 3 Value Bombs:
1. Gusto Mexico is a small group of experiential travel professionals. It focuses on highlighting the five senses.
2. You have to be passionate about what you are doing, and you have to have the drive to keep going.
3. Make sure to always show up.
Check out Kaylee's website and see all of the upcoming trips she has prepared for you - Gusto Mexico
Sponsors:
ZipRecruiter: If you’re a company that’s currently trying to hire, you're having to face new difficulties. See how ZipRecruiter can help YOU hire. Try it now for free at ZipRecruiter.com/fire!
Secrets Masterclass: Join the founder of ClickFunnels, Russell Brunson, for a FREE masterclass to learn the 3 secrets that will IGNITE your business in 2020! EOFire.com/secrets
Tom Poland is a multiple best-selling author who has spent 39 years as a sales and marketing professional. He is a specialist in generating the highest quality, inbound, new client inquiries. He lives in Castaways Beach, Australia and is voluntarily married.
Top 3 Value Bombs:
1. Marketing is where you generate the leads, and selling is where you convert the leads.
2. The biggest obstacle is having an audience that has already experienced the offer you have from someone else - and they had a bad experience.
3. The great thing about marketing is that it puts an offer in front of someone who is already looking for that offer, and selling tries to convince them that the offer is a good proposal.
The Science of being in demand. Learn more by checking out Tom's website - Leadsology
Sponsors:
Thrivetime Show: Looking for a business coach who has helped thousands of entrepreneurs just like you to increase their profitability by an average of 104% per year? Schedule your free consultation today with Clay Clark at ThrivetimeShow.com/fire!
Secrets Masterclass: Join the founder of ClickFunnels, Russell Brunson, for a FREE masterclass to learn the 3 secrets that will IGNITE your business in 2020! EOFire.com/secrets
Holly MacCue is a Sales and Messaging Coach who helps entrepreneurs to nail their niche and master their message so they can get paid what they deserve while doing what they love.
Top 3 Value Bombs:
1. You have to re-write the rules for your success.
2. You can make more sales by creating a level of intrigue around what you are doing, and give your audience a clear call to action.
3. You get in life what you have the courage to ask for. Start asking questions that will help you better understand who are you trying to reach. Ask for help and support along the way.
Check out the page and connect with Holly - Holly's Facebook
Sponsors:
ZipRecruiter: If you’re a company that’s currently trying to hire, you're having to face new difficulties. See how ZipRecruiter can help YOU hire. Try it now for free at ZipRecruiter.com/fire!
Ken Rusk Blue-Collar Business Entrepreneur who has launched several successful endeavors over the last 30 years. He specializes in hiring, training and developing job seekers, coaching and life path design.
Top 3 Value Bombs:
1. College may be the right path for certain people with certain aspirations, but college is not needed for certain professions.
2. Pair your vocational passion with a clear life vision, so you can achieve having comfort, peace, and freedom.
3. Once you start creating goals, remember to congratulate yourself, build a brochure inside your mind of your goal, be certain, take action, and share your goal with others.
Know more about the different ways to get high paying blue-collar jobs - Ken's Facebook Page
Sponsors:
Klaviyo: The ultimate ecommerce marketing platform for email and SMS messaging. Visit Klaviyo.com/fire to create your free account today!
Azlo: You can sign up for a business banking account right now with NO minimum deposit! Just visit Azlo.com/eof and get a free copy of Azlo’s Small Business Starter Guide! Azlo is owned by BBVA USA, member FDIC.
AJ Picard is a full-time entrepreneur for 3 years now. He has a passion for design and creating products. He loves playing, talking, and watching anything related to technology and basketball.
Top 3 Value Bombs:
1. Clava App helps you feel more connected to your surrounding community.
2. Trust in self-intuition. If you notice an opportunity, take action.
3. Be open-minded. Life is constantly changing and you have to adapt to it. It is important to continue to build skillsets and continue to learn new things.
Get it for FREE and start promoting your brand inside Clava - Partner up with Clava
Sponsor:
ZipRecruiter: If you’re a company that’s currently trying to hire, you're having to face new difficulties. See how ZipRecruiter can help YOU hire. Try it now for free at ZipRecruiter.com/fire!
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/income82, and IGNITE!
June 2020 Income At-A-Glance
Gross Income for June: $171,682
Total Expenses for June: $39,540
Total Net Profit for June: $132,142
Difference b/t June & May: -$68,809
% of net profit to overall gross revenue: 77%
Sponsor:
Thrivetime Show: Looking for a business coach who has helped thousands of entrepreneurs just like you to increase their profitability by an average of 104% per year? Schedule your free consultation today with Clay Clark at ThrivetimeShow.com/fire!
Rylee Meek is the founder and CEO of the Social Dynamic Selling System, which turns dinner seminar marketing into a science. Starting with just $673 in his bank account, Rylee went on to produce over $100 million in sales over the past 9 years.
Top 3 Value Bombs:
1. Social Dynamic Selling is selling to groups of people in the form of dinner seminars.
2. The key component is to have a consistently predictable lead generation system funneling into your business.
3. With action comes clarity.
Get Your Free Copy of the Amazon Best-Selling Book - Food for Thought
Sponsors:
ZipRecruiter: If you’re a company that’s currently trying to hire, you're having to face new difficulties. See how ZipRecruiter can help YOU hire. Try it now for free at ZipRecruiter.com/fire!
Klaviyo: The ultimate ecommerce marketing platform for email and SMS messaging. Visit Klaviyo.com/fire to create your free account today!
Ken Moskowitz is an accidental pilot, father of five, fostered 19 kids, career creative director turned serial entrepreneur, bestselling author, voice over actor, 3X cheater of death, and a hotel bathroom aficionado.
Top 3 Value Bombs:
1. Focusing on selling sets you up for failure because too many businesses are focused on the conversion. Creating a relationship with your customers is also essential.
2. You can find the most valuable feedback from your customers, they will tell you everything that you need to know about your business.
3. Give without expectation of getting anything in return.
Tell your story. Use promo code FIRE and get a 15% discount on anything that you will order. - Adzombies Website
Sponsor:
Secrets Masterclass: Join the founder of ClickFunnels, Russell Brunson, for a FREE masterclass to learn the 3 secrets that will IGNITE your business in 2020! EOFire.com/secrets
Jim Markham, an award-winning, serial entrepreneur with an innovative mind and passion for his craft. He started as a barber charging $1.50 a haircut, and made the jump to salon owner, celebrity stylist and creator of a haircare empire that includes 5 brands including PureOlogy Serious Color Care (which he sold to L’Oreal in 2007 for $280 million) and his current venture, ColorProof Color Care Authority. Together his companies account for $1.2 billion in combined retail sales. Jim recently added author to his list of accomplishments, publishing his first book called Big Lucky – a hybrid memoir and entrepreneurial self-help guide designed to help spark your entrepreneurial fire.
Top 3 Value Bombs:
1. If someone you admire is making more money than you in the same profession, learn from them.
2. Think long-term. Ask yourself, what can you do today that will position you 5 to 10 years down the road.
3. Find your niche. What can you create that doesn’t exist yet?
Check out Serial Entrepreneur Jim Markham's Secret Formula for Success - Big Lucky
Sponsors:
Thrivetime Show: Looking for a business coach who has helped thousands of entrepreneurs just like you to increase their profitability by an average of 104% per year? Schedule your free consultation today with Clay Clark at ThrivetimeShow.com/fire!
Secrets Masterclass: Join the founder of ClickFunnels, Russell Brunson, for a FREE masterclass to learn the 3 secrets that will IGNITE your business in 2020! EOFire.com/secrets
Andy Goldstrom is 2X Inc. 500 Business Owner, consultant, author, and professor who helps entrepreneurs achieve similar success in both good and challenging economies.
Top 3 Value Bombs:
1. There are a lot of opportunities to address the change in people’s needs and preferences.
2. Leaders can inspire others by leading by example.
3. Midcourse Advisors helps business leaders focus on the right pursuits with the right tools and methodologies to scale and grow their businesses speedily.
Sign up for your FREE strategy assessment and download the 4 Strategic Shifts - Midcourse Advisors Website
Sponsors:
ZipRecruiter: If you’re a company that’s currently trying to hire, you're having to face new difficulties. See how ZipRecruiter can help YOU hire. Try it now for free at ZipRecruiter.com/fire!
Secrets Masterclass: Join the founder of ClickFunnels, Russell Brunson, for a FREE masterclass to learn the 3 secrets that will IGNITE your business in 2020! EOFire.com/secrets
John is the author of the instant #1 National Bestselling book ON FIRE: The 7 Choices to Ignite a Radically Inspired Life, host of the Live Inspired Podcast, and an inspirational speaker teaching more than 50,000 people around the world each year how to live inspired. His second book, IN AWE: Rediscover Your Childlike Wonder to Unleash Inspiration, Meaning and Joy publishes 5/5/2020.
Top 3 Value Bombs:
1. If you want to build a better business, a better life, better marriage, a better family, and a better country, you got to be open-minded and have a kids heart.
2. If you want something better for your life, you got to expect profound things.
3. Too frequently in life, you just stay on the bench. Get in the game but make sure to recognize the value of your life.
Check out John's In Awe 21-Day Challenge, Podcast, Book and more - John O'Leary Inspires
Sponsors:
ZipRecruiter: If you’re a company that’s currently trying to hire, you're having to face new difficulties. See how ZipRecruiter can help YOU hire. Try it now for free at ZipRecruiter.com/fire!
Secrets Masterclass: Join the founder of ClickFunnels, Russell Brunson, for a FREE masterclass to learn the 3 secrets that will IGNITE your business in 2020! EOFire.com/secrets
Clay Clark is the former U.S. SBA Entrepreneur of the Year, founder of 6 multi-million dollar companies, Forbes Contributor, author of 13 books & host of 6-times iTunes chart-topping podcast (with 1,980 episodes)
Top 3 Value Bombs:
1. It is all about the execution of ideas.
2. You can generate actual leads and sales by having a hot deal that will open a lot of opportunities.
3. Clay will take you and your business to the next level.
Schedule your FREE 13 Point Assessment with Clay. Visit and check out the FREE download of all of Clay’s books - Thrive Time Show
Sponsors:
Thrivetime Show: Looking for a business coach who has helped thousands of entrepreneurs just like you to increase their profitability by an average of 104% per year? Schedule your free consultation today with Clay Clark at ThrivetimeShow.com/fire!
Secrets Masterclass: Join the founder of ClickFunnels, Russell Brunson, for a FREE masterclass to learn the 3 secrets that will IGNITE your business in 2020! EOFire.com/secrets
Ann Sieg's training has impacted hundreds of thousands of people worldwide to achieve online success all while working from home. But nothing has matched the rapid success of her e-commerce students.
Top 3 Value Bombs:
1. Grow Entrepreneurs is like parenting. It is a nurturing process, and it is best done by demonstration in-real-life opportunities.
2. Business is the sport of non-athletes. There is an extremely high level of athleticism to business. Just like sports, you have to strengthen your self for your journey.
3. Have the courage to pursue your dreams because there is help and support out there for you t achieve it.
Discover how to set up an automated "hands off" e-commerce business you can operate from anywhere in the world - Register Now: Flipping Products for Profits
Sponsors:
Klaviyo: The ultimate ecommerce marketing platform for email and SMS messaging. Visit Klaviyo.com/fire to create your free account today!
Secrets Masterclass: Join the founder of ClickFunnels, Russell Brunson, for a FREE masterclass to learn the 3 secrets that will IGNITE your business in 2020! EOFire.com/secrets
Jairek Robbins is a performance Coach, Entrepreneur & Bestselling Author.
Top 3 Value Bombs:
1. Keep your finances tight, keep on reviewing your finances, and cut down excess expenses.
2. Have clarity. Look at your numbers daily.
3. Focus on the most important thing that you need to do to keep your small business going.
Learn and connect with Jairek. Ensure that your business is prepared to survive challenging times - FREE 9-Week Course
Sponsors:
ZipRecruiter: If you’re a company that’s currently trying to hire, you're having to face new difficulties. See how ZipRecruiter can help YOU hire. Try it now for free at ZipRecruiter.com/fire!
Azlo: You can sign up for a business banking account right now with NO minimum deposit! Just visit Azlo.com/eof and get a free copy of Azlo’s Small Business Starter Guide! Azlo is owned by BBVA USA, member FDIC.
Scott Oldford is a mentor, advisor & investor for Online Business Scaling past 7+ Figures.
Top 3 Value Bombs:
1. If you are at the right time at the right place, if you work on your mastery and skill, and you have the right systems in place, your ability to get the 7-figures, and past it will happen at some point.
2. List down your challenges every week and fix it.
3. By being patient, you will be on the right path, and it will allow you to create a successful business, and become a successful entrepreneur.
Learn how to grow a 7-Figure business, get the book - The Nuclear Effect
Sponsors:
Thrivetime Show: Looking for a business coach who has helped thousands of entrepreneurs just like you to increase their profitability by an average of 104% per year? Schedule your free consultation today with Clay Clark at ThrivetimeShow.com/fire!
Secrets Masterclass: Join the founder of ClickFunnels, Russell Brunson, for a FREE masterclass to learn the 3 secrets that will IGNITE your business in 2020! EOFire.com/secrets
Are you paying too much in credit card processing fees? Without switching payment processors, banks, or management software, Merchant Cost Consulting reduces, audits, and alleviates the merchant fees you pay.
Top 3 Value Bombs:
1. Merchant Cost Consulting is specific to reducing and auditing credit card merchant fees for clients without them having to change their current payment processor, software, or billing system.
2. The payment industry is very confusing but Matt and his team will assist you on how you can navigate through it.
3. You have to understand that even if you think you have good pricing, there is no harm in doing an audit.
Visit Matt's website - Merchant Cost Consulting
Sponsors:
ZipRecruiter: If you’re a company that’s currently trying to hire, you're having to face new difficulties. See how ZipRecruiter can help YOU hire. Try it now for free at ZipRecruiter.com/fire!
Secrets Masterclass: Join the founder of ClickFunnels, Russell Brunson, for a FREE masterclass to learn the 3 secrets that will IGNITE your business in 2020! EOFire.com/secrets
Ramit Sethi is the founder of iwillteachyoutoberich.com, which has more than 1 million monthly readers. He speaks regularly to the media on the topic of personal finance and business. He has appeared on CNBC, Business Insider, The New York Times, and more to share his take on money and success. Ramit was #2 on the list of Tim Ferriss top 25 podcast interviews for 2019.
Top 3 Value Bombs:
1. Status symbol differs depending on which generation you are in. Embrace that you are motivated by status.
2. If you have an area of your life that you want to make a priority, you have to put it on your calendar, and make the money to be able to afford it.
3. Bet on yourself, have the confidence to know that you can start a business, and you can earn more.
Visit and learn some business ideas and how to grow your business - IWillTeachYouToBeReach
Sponsors:
ZipRecruiter: If you’re a company that’s currently trying to hire, you're having to face new difficulties. See how ZipRecruiter can help YOU hire. Try it now for free at ZipRecruiter.com/fire!
Klaviyo: The ultimate ecommerce marketing platform for email and SMS messaging. Visit Klaviyo.com/fire to create your free account today!
Jimmy Rex is an adventurer, entrepreneur, networker, and author of new book "You End Up Where You're Heading.. the hidden dangers of living a safe life."
Top 3 Value Bombs:
1. People choose to be in a safe life because they feel comfortable with it, but you can expand your horizons, and see the bigger world.
2. Human brains are wired to sense what is going or what is uncomfortable, unfortunately, your brain does not know that society is safer now.
3. The true beauty of life is looking at yourself, and going without expectations. Do whatever you want to do, you only get one life and it is your life. Take that unsafe path and explore your journey.
Check out Jimmy's site to stay up-to-date on launch dates + pre-order availability - You End Up Where You're Heading
Sponsor:
Traffic Secrets Podcast: The strategies to attract your dream customers when you’re just starting out are exactly the same as when you own a multi-million dollar business. And these strategies are waiting for you on a new podcast mini- series: Traffic Secrets. TrafficSecretsPodcast.com
Bradley Whitford's Commencement Address at University of Wisconsin, 2004.
Sponsor:
Traffic Secrets Podcast: The strategies to attract your dream customers when you’re just starting out are exactly the same as when you own a multi-million dollar business. And these strategies are waiting for you on a new podcast mini- series: Traffic Secrets. TrafficSecretsPodcast.com
Joe De Sena is the founder and CEO of Spartan, the world’s largest obstacle race and endurance brand – has demonstrated his entrepreneurial drive since his pre-teens. After building a multimillion-dollar pool and construction business in college, and creating a Wall Street trading firm, De Sena set his sights on ripping 100 million people off their couches by creating the Spartan lifestyle.
Top 3 Value Bombs:
1. The only thing that matters in starting a business is sales and make sure that your customers will love your service or product, and they will recommend it to their friends.
2. Spartan is a lifestyle.
3. Fire. Ready. Aim: While being in your home during this Pandemic period, you need to go online, and sign up for something hard and commit to it. You will experience a Spartan Paradox, all of a sudden your life will change. Get done today.
Ancient Nutrients To Fuel The Modern Warrior. Use the code JOEONFIRE, and get 50% off - Spartan Nutrition
Sponsor:
Traffic Secrets Podcast: The strategies to attract your dream customers when you’re just starting out are exactly the same as when you own a multi-million dollar business. And these strategies are waiting for you on a new podcast mini- series: Traffic Secrets. TrafficSecretsPodcast.com
When businesses are ready to scale, they call James Friel. He's the secret weapon helping many of today’s well-known entrepreneurs become successful CEOs. Breaking complex problems into small actionable steps is his SUPERPOWER.
Top 3 Value Bombs:
1. You get stuck in your business because you are good at something, you start doing more, and you create success out of that something.
2. A System is a combination of people, processes, and tools. It needs to be coordinated to achieve an outcome.
3. Get in the habit and the mindset of being an effective CEO, and do not fall into the trap of being the aforementioned 4 types of bad bosses.
Get the toolkit and find out where you are at in your business - RYG Framework
Sponsors:
ZipRecruiter: By connecting people who need jobs and companies that need people, ZipRecruiter is working with all of us so we can keep moving forward. Let’s work together. ZipRecruiter.com/worktogether
Traffic Secrets Podcast: The strategies to attract your dream customers when you’re just starting out are exactly the same as when you own a multi-million dollar business. And these strategies are waiting for you on a new podcast mini- series: Traffic Secrets. TrafficSecretsPodcast.com