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/income112, and IGNITE!
December 2022 Income At-A-Glance
Gross Income for December: $152,076
Total Expenses for December: $19,170
Total Net Profit for December: $132,906
Difference b/t December & November: +$31,261
% of net profit to overall gross revenue: 87%
Sponsors:
HubSpot: Learn how HubSpot can help your business grow better and get a special offer of 20% off on eligible plans at HubSpot.com/eof!
RefundsPro: See if you qualify for the Employee Retention Credit! Get started today with a free, 5 minute questionnaire at RefundsPro.com.
From the archive: This episode was originally recorded and published in 2020. Our interviews on Entrepreneurs On Fire are meant to be evergreen, and we do our best to confirm that all offers and URL's in these archive episodes are still relevant.
Coach Dana Cavalea is the former Director of Strength & Conditioning and Performance for the New York Yankees. He led the team to a World Championship in 2009. That same year he was awarded the Nolan Ryan Award given to the top Strength & Performance Coach in Major League Baseball as voted by his peers. Coach Dana is also the author of his new book, Habits of a Champion: Nobody Becomes a Champion By Accident.
Top 3 Value Bombs:
1. If somebody does not respect your time, then they do not respect you.
2. Failure is a part of the success process.
3. Commit to your direction and to where it is that you want to go.
Check out Dana's book, Habits of a Champion! - Habits Of A Champion
Sponsors:
HubSpot: Learn how HubSpot can help your business grow better and get a special offer of 20% off on eligible plans at HubSpot.com/eof!
Thrivetime Show: Is this your year? Visit ThrivetimeShow.com/eofire to see how Clay Clark’s business coaching has helped thousands of entrepreneurs to dramatically increase profitability!
Aunia Kahn is the CEO of Rise Visible. She is a digital marketer, strategist, public speaker, and an internationally awarded artist, photographer, and author shown in over 300 exhibitions in 10 countries.
Top 3 Value Bombs:
1. One of the most important things for success is vulnerability.
2. Dealing with a disability is challenging and stressful, but being an entrepreneur allows you to work for yourself and do the things you are passionate about.
3. People often judge people with visible disabilities by their appearance, but people with disability want to be seen as human beings.
Sponsor:
HubSpot: Learn how HubSpot can help your business grow better and get a special offer of 20% off on eligible plans at HubSpot.com/eof!
William Branum is a Retired Navy SEAL, a keynote speaker, a business, leadership, and mindset coach. He is the founder of Naked Warrior Recovery and the writer Best Holistic Life Magazine.
Top 3 Value Bombs:
1. To succeed, you must make proactive adjustments, be controversial, and get people's attention.
2. You should never go into combat looking for a fair fight.
3. The key is being brave and being able to ask for help to get where you want to go.
Visit and use FIRE20 to get 20% off - Naked Recovery Warrior Website
Sponsors:
FranBridge: Jon Ostenson, founder of FranBridge Consulting and top 1% consultant, represents the premier source for the best opportunities in the non-food franchise world. Sign up for a free consultation at FranBridgeConsulting.com!
MetPro: Make a strategic investment in your health so you can get to the next level. Visit Metpro.com/fire for a complimentary assessment and consultation with a metabolic expert today!
HubSpot: Learn how HubSpot can help your business grow better and get a special offer of 20% off on eligible plans at HubSpot.com/eof!
Krista Mashore is in the top 1% of coaches nationwide. Top 1% agent for 20 years. She is the author of four best selling books focusing on digital marketing and was named Yahoo Finance’s number 1 digital marketer to watch in 2021! She can also be found among the top 125 most impactful leaders in 2022 alongside Tony Robbins according to Success Magazine. She has been featured in Forbes, Inman News, The Wall Street Journal, NBC, Fox, and many more! She recently went from zero to 41 million dollars in just five years.
Top 3 Value Bombs:
1. It is not about the number of skill sets that you have but about your mindset.
2. If you think you can do it and put action to it, it will result in excellent results.
3. Create belief by visualizing results in your mind, and train your brain to take you where you want to go.
Visit and be the first to find out when the book is available for order - Stop Snap & Switch Website
Sponsor:
HubSpot: Learn how HubSpot can help your business grow better and get a special offer of 20% off on eligible plans at HubSpot.com/eof!
Jorge Contreras is a Real Estate Investor & Airbnb Coach is passionate about helping people create time, financial and location freedom with Airbnb and Real Estate Investing. He retired at age 29, became a millionaire by 30, and now earns 7 Figures with his Airbnb Business.
Top 3 Value Bombs:
1. Airbnb arbitrage is the most effective way to replace a nine to five.
2. Everyone should try to own as much real estate as possible since that is where you create long term wealth. But the reality is that not everyone has the capital.
3. The goal is to be able to break even at 10 days, double whatever your rent or mortgage payment is at 20 days, and then have the opportunity to triple at 30 days.
Follow Jorge on Instagram - Jorge's Instagram
Sponsors:
Podopolo: The best podcast listening app in the world is here! Visit Podopolo.com, download the app for free, mention John Lee Dumas (my Podopolo username) when you sign up, and start listening now!
HubSpot: Learn how HubSpot can help your business grow better and get a special offer of 20% off on eligible plans at HubSpot.com/eof!
Dan Ryder is the Founder of Prime DeFi, the World's #1 DeFi Education Company Obsessed With Helping Our Clients Achieve Financial Freedom Leveraging DeFiCashFlow Opportunities. Prepare to Prosper!
Top 3 Value Bombs:
1. You can create cash flow opportunities that exist because they're not dependent on the health of the market. That's what the power of cash flow can do. And those opportunities exist even in crypto, in the world of DeFi.
2. All these cataclysmic crypto events are for custodians of people’s assets failing to meet their obligations, failing to keep their promises, and failing to do their duties as a custodian.
3. DeFi has allowed the average person to operate as a bank and make money the way banks do only here's the good news. You don't need a billion dollars and you don't need a bank charter.
EOFire.com/primedefi - Check out and get an overview of how DeFi works, participate on training programs.
Sponsors:
HubSpot: Learn how HubSpot can help your business grow better and get a special offer of 20% off on eligible plans at HubSpot.com/eof!
MetPro: Make a strategic investment in your health so you can get to the next level. Visit Metpro.com/fire for a complimentary assessment and consultation with a metabolic expert today!
From the archive: This episode was originally recorded and published in 2020. Our interviews on Entrepreneurs On Fire are meant to be evergreen, and we do our best to confirm that all offers and URL's in these archive episodes are still relevant.
Sheila Mac guides individuals and organizations in “rock bottom” to quickly get back to empowerment. Learn how to rebuild and reboot this year through her formula and book Bootstraps & Bra Straps.
Top 3 Value Bombs:
1. It’s not about what you’re doing, it’s about who you’re being. As business leaders, how you show up is going to make a difference.
2. We have a choice around what kind of life we want to create for ourselves. There’s power in what we decide and choose to do with our lives.
3. Exposing your children to your businesses is a gift. It gives your children more education than anything at school. Get them involved.
Receive a FREE video series on ‘HOW to Create a Basic Business Plan.’ - Sheila’s Website
Sponsors:
HubSpot: Learn how HubSpot can help your business grow better and get a special offer of 20% off on eligible plans at HubSpot.com/eof!
Podopolo: The best podcast listening app in the world is here! Visit Podopolo.com, download the app for free, mention John Lee Dumas (my Podopolo username) when you sign up, and start listening now!
From the archive: This episode was originally recorded and published in 2020. Our interviews on Entrepreneurs On Fire are meant to be evergreen, and we do our best to confirm that all offers and URL's in these archive episodes are still relevant.
Michael Dorf is the founder of the Knitting Factory and City Winery, a 10-location music venue, urban winery and restaurant chain in North America. He is also one of NY's most influential concert promoters.
Top 3 Value Bombs:
1. Selecting a unique location is very important for your business.
2. Communicate how you want to operate your business, and make sure everybody understands where you want to go
3. Get outside your comfort zone and do what you believe in.
Check out his new book Indulge Your Senses - Michael’s Website
Sponsors:
HubSpot: Learn how HubSpot can help your business grow better and get a special offer of 20% off on eligible plans at HubSpot.com/eof!
Podopolo: The best podcast listening app in the world is here! Visit Podopolo.com, download the app for free, mention John Lee Dumas (my Podopolo username) when you sign up, and start listening now!
From the archive: This episode was originally recorded and published in 2020. Our interviews on Entrepreneurs On Fire are meant to be evergreen, and we do our best to confirm that all offers and URL's in these archive episodes are still relevant.
Erik VanHorn is an entrepreneur who uses franchising as a vehicle to success. He has been involved in many aspects of franchising from building franchise sales systems & multi-brand ownership, to helping others find great franchises to buy.
Top 3 Value Bombs:
1. Franchising can be good for anybody, but you need to know what you want for the business.
2. You need to hire the best-of-the-best employees: people who think, act and behave like owners.
3. Relationships can help excel you and your business much faster than just you grinding it out yourself
Helping People Buy, Grow and Sell Franchises - Erik's Website
Sponsors:
HubSpot: Learn how HubSpot can help your business grow better and get a special offer of 20% off on eligible plans at HubSpot.com/eof!
Thrivetime Show: Is this your year? Visit ThrivetimeShow.com/eofire to see how Clay Clark’s business coaching has helped thousands of entrepreneurs to dramatically increase profitability!
After a successful 20-year-career in the throes of Corporate America, Kelley stepped away to found his next company, Tiege Hanley, a 6-year-old e-commerce company with the mission of helping men look and feel amazing. He is focused on enriching the experience for all customers and guiding men to healthier lifestyles founded on self-confidence.
Top 3 Value Bombs:
1. It's about making sure you're very clear on your mission and why you're doing something.
2. So many companies are literally forced to not be profitable because all they care about is growth.
3. Little things create success and failure, but they create huge gaps in your business. Making a couple wrong decisions is inherent in every business.
Kelley’s LinkedIn - Connect with Kelley on LinkedIn.
Sponsors:
FranBridge: Jon Ostenson, founder of FranBridge Consulting and top 1% consultant, represents the premier source for the best opportunities in the non-food franchise world. Sign up for a free consultation at FranBridgeConsulting.com!
MetPro: Make a strategic investment in your health so you can get to the next level. Visit Metpro.com/fire for a complimentary assessment and consultation with a metabolic expert today!
HubSpot: Learn how HubSpot can help your business grow better and get a special offer of 20% off on eligible plans at HubSpot.com/eof!
Angelo Poli is an internationally recognized expert in fitness and nutrition. His the founder of MetPro, an evaluation-based health coaching program specializing in transformations. Using a process called Metabolic Profiling, MetPro analyzes your metabolism and provides an individualized approach to obtaining your health goals.
Top 3 Value Bombs:
1. You have to make sure that you're investing in items that are going to give you a really good return on your investment. There's no more important category that falls under than your personal health and fitness.
2. When you come in and you just make a couple strategic changes to your financial plan, to your business mode, if they're the right ones, even a few small tweaks can have a profound impact.
3. There's a lot of things you could do for your health, for your fitness. The secret is knowing what is absolutely optimized for your circumstance, your goal and where you want to get then you can spend a minimal amount of time doing the things that matter most.
MetPro - Visit and talk to an expert and get FREE consultation.
Sponsors:
Podopolo: The best podcast listening app in the world is here! Visit Podopolo.com, download the app for free, mention John Lee Dumas (my Podopolo username) when you sign up, and start listening now!
HubSpot: Learn how HubSpot can help your business grow better and get a special offer of 20% off on eligible plans at HubSpot.com/eof!
Reggie Young is a fellow 7 Figure entrepreneur who helps others start, scale, and sell their business to achieve personal freedom.
Top 3 Value Bombs:
1. It's so important to enjoy that small moment and celebrate that win when you get that valuation, celebrate that win as you're going through the process of being on the negotiating table because you really only do these kinds of transactions few times in a lifetime.
2. Work with an exit advisor to dive through all the details, find the best fit for you, and just give you another fresh pair of eyes that you may not have already seen on your business.
3. Tell a good story. Give yourself an opportunity to tell a good story and show that to the buyer. Show them how easy it is for someone to pick up the business that have full confidence in running your business.
Free Business Valuation Calculator - Take a FREE course on how to sell your online business, and get 50% coupon off the vault if you are interested!
Sponsors:
Podopolo: The best podcast listening app in the world is here! Visit Podopolo.com, download the app for free, mention John Lee Dumas (my Podopolo username) when you sign up, and start listening now!
HubSpot: Learn how HubSpot can help your business grow better and get a special offer of 20% off on eligible plans at HubSpot.com/eof!
Chris Dreyer is the CEO of Rankings.io, a law firm SEO agency, a 5x member of the Inc. 5000, and the author of Niching Up: The Narrower the Market, the Bigger the Prize.
Top 3 Value Bombs:
1. There's so much opportunity from Niching for niching. There's premium pricing. You get better margins from eliminating waste. You can maximize your advertising. You're not throwing paint against the wall and hoping that something sticks.
2. Niching up is taking an industry and going narrower, going deeper.
3. One of the most difficult challenges businesses have today is how they're going to be different, how they're going to create a unique selling proposition.
Chris' Book Niching Up - The Narrower the Market, the Bigger the Prize.
Sponsors:
MetPro: Make a strategic investment in your health so you can get to the next level. Visit Metpro.com/fire for a complimentary assessment and consultation with a metabolic expert today!
HubSpot: Learn how HubSpot can help your business grow better and get a special offer of 20% off on eligible plans at HubSpot.com/eof!
RocketMoney: Stop throwing your money away. Cancel unwanted subscriptions – and manage your expenses the easy way – by going to RocketMoney.com/fire!
From the archive: This episode was originally recorded and published in 2020. Our interviews on Entrepreneurs On Fire are meant to be evergreen, and we do our best to confirm that all offers and URL's in these archive episodes are still relevant.
Brian Price and Jennifer Gligoric are the founders of Leafy Legal Services and hosts on Leafy Podcast. This dynamic duo has been helping entrepreneurs for the last 20+ years individually, and together for the past 8 years. Both Brian and Jennifer have harrowing backstories. Brian 'lost his shirt' in the 2008 recession, filing bankruptcy before climbing back out and into success. Jennifer found herself homeless as a teenager and managed to put herself through college and become a successful business owner despite the odds against her.
Top 3 Value Bombs:
1. It's better to have an Estate Plan versus just a Last Will
2. Understand what's available to you before it's too late
3. The process of Estate Planning is simply anticipating and arranging, and when you do it properly you'll gain peace of mind
Leafy Assets – Asset Protection for Real Estate Investors & Entrepreneurs (Sorry! This link was active when this episode was first published in 2020 but is no longer an active offer.)
Sponsors:
Shopify: Get serious about selling and try Shopify today! Sign up for a $1-per-month trial period at Shopify.com/onfire!
HubSpot: Learn how HubSpot can help your business grow better and get a special offer of 20% off on eligible plans at HubSpot.com/eof!