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/income134, and IGNITE!

October 2024 Income At-A-Glance

Gross Income for August: $140,470

Total Expenses for August: $10,867

Total Net Profit for August: $129,603

Difference b/t August and July: +$30,918

Percentage of net profit to overall gross revenue: 92 percent

Sponsors

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Kevin Rogers is the founder of Copy Chief, a community of direct response copywriters and entrepreneurs where everyone works and grows together on active campaigns.

Top 3 Value Bombs

1. The three critical components to any piece of copy are Clarity, Authenticity and Trust – CAT.

2. Authenticity and trust is the human element. You know it’s a good copy if you can feel it and people can feel and connect to it.

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Sponsor

HubSpot Making your life easier. Getting you results faster. And better connecting you to all your data, all in one place. Start making major moves with HubSpot. Visit HubSpot.com/marketers to learn more

Van Carlson is the Founder and CEO at SRA 831(b) Admin. He is an industry leader in enterprise risk management solutions with over 25 years of experience. Along with the responsibility of bringing SRA’s new products to market, he helps clients achieve their financial goals and aid in protecting a business’s assets through times of uncertainty.

Top 3 Value Bombs

1. The idea of wearing all the hats is a fallacy . You should trust your people right away and hire the best people you can and be ready to spend money.

2. Business owners value intangible assets and traditional insurance don’t do a good job in insuring intangible assets.

3. Tool the tool box. 831b is that tool in the tool box that allows you to mitigate the risks in your business.

Check out Van’s website. Tax deferral today to address tomorrow’s risks. Strengthen your business with an 831(b) Micro Captive Plan - SRA 831b Admin

Sponsor

HubSpot Making your life easier. Getting you results faster. And better connecting you to all your data, all in one place. Start making major moves with HubSpot. Visit HubSpot.com/marketers to learn more