Entrepreneurs on 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/income136, and IGNITE!

December 2024 Income At-A-Glance

Gross Income for December: $131,587

Total Expenses for December: $12,156

Total Net Profit for December: $119,431

Difference b/t December and November: +$35,348

Percentage of net profit to overall gross revenue: 91 percent

Sponsors

HubSpot When you combine the power of Marketing Hub and Content Hub, you can have your best quarter, every quarter. Visit Hubspot.com/marketers to learn more

Airbnb If you’ve got an extended trip coming up and need a little help hosting while you’re away, just hire a co-host to do the work for you. Find a co-host at Airbnb.com/host

Optimize To chat with JLD about Optimizing your life, click here EOFire.com/optimize

Jon Ostenson is a top .1 percent Franchise Broker, Consultant, Investor, and Author of the book 'Non-Food Franchising'. He draws on his experience as a former Inc. 500 Franchise President and Multi-Brand Franchisee in serving his clients. He is a frequent contributor on Franchising for Forbes, Inc., Bloomberg and The Franchise Journal.

Top 3 Value Bombs

1. There is no perfect time for success. Stepping out and fighting through is what separate entrepreneurs to wannabe-preneurs.

2. Entrepreneurship Through Acquisition or ETA is a time consuming process. Existing business sound great on paper because you get a team that is already in place and market awareness but you have to put in mind that whenever you have a change in ownership you will also have a change in culture, key employees and key customers.

3. Traditional start ups once exposed to franchising realized that there is so much benefit in starting on 3rd base because the product and market fit are already proven out and are a lot less risky.

Check out Jon’s website and get a free copy of his downloadable book - Franbridge Consulting

Sponsors

HubSpot When you combine the power of Marketing Hub and Content Hub, you can have your best quarter, every quarter. Visit Hubspot.com/marketers to learn more

Notion Combines your notes, docs, and projects into one space that’s simple and beautifully designed. And now it has the power of AI built right inside of it! Try Notion for free when you go to Notion.com/johnleedumas

Optimize To chat with JLD about Optimizing your life, click here: EOFire.com/optimize

Luke Peters is an accomplished entrepreneur and the former CEO of NewAir. He sold NewAir in a mid-eight-figure deal . Today, he serves as a strategic CEO coach, leveraging his extensive experience to help other entrepreneurs navigate their paths to success. He is also a father of six and an avid surfer, embodying a balanced lifestyle that values both family and business. His story exemplifies the power of perseverance and innovation in achieving entrepreneurial success.

Top 3 Value Bombs

1. The zero moment of truth is to research the customers on what they are doing and how they are influenced.

2. You can build trust for the brand by giving a premium price, using influencer marketing and long form videos.

3. God will provide. Just put your head down and do the work.

Apex CEO Website. From Startup to Exit. Your Path to CEO Success. Get a FREE strategy call - Small Business CEO Coaching

Sponsors

HubSpot When you combine the power of Marketing Hub and Content Hub, you can have your best quarter, every quarter. Visit Hubspot.com/marketers to learn more

ThriveTime Show: Attend the world’s highest rated business growth workshop taught personally by Clay Clark and NOW featuring Rich Dad Poor Dad Author Robert Kiyosaki and Eric Trump at ThrivetimeShow.com/eofire

Optimize To chat with JLD about Optimizing your life, click here: EOFire.com/optimize

At 50, John Mitchell caused his income to go up by 25 times from figuring out the full secret, the missing secret of the book Think and Grow Rich. And a 12 minute a day technique to apply it.

Top 3 Value Bombs

1. The key to success is creating immense clarity.

2. Your daily actions determine your success and 95% of your daily actions are unconscious and you don’t control of what determines your success. Therefore to have a high level of success, you have to gain control over those unconscious daily actions.

3. What you envision in detail with emotion on a daily basis is what shows up in your life.

A human performance company for high achievers - Think It Be It

Sponsors

HubSpot When you combine the power of Marketing Hub and Content Hub, you can have your best quarter, every quarter. Visit Hubspot.com/marketers to learn more

Shopify The new year is here, and there’s no better time to just start! And with Shopify, your first sale is closer than you think. Sign up for your $1 per month trial period at Shopify.com/onfire

Airbnb If you’ve got an extended trip coming up and need a little help hosting while you’re away, just hire a co-host to do the work for you! Find a co-host at Airbnb.com/host

Justin Kenna is CEO of GameSquare Holdings, Inc., a publicly traded international esports and gaming company that connects top global brands with GameSquare’s portfolio of media agencies, esports organizations, and content studios.

Top 3 Value Bombs

1. Have a ruthless pursuit of short term goals. Set short term goals that are measurable and achievable and hit them consistently and over and over and that opens up all sorts of powers to be successful.

2. There is no perfect formula for success. Each people is unique and they have their own powers but there is a common theme for people. There is no substitute for hardwork, technical skills and sacrifice.

3. The creator economy is really the consumer economy of the future.

Helps brands and esports play together - Game Square

Sponsors

HubSpot When you combine the power of Marketing Hub and Content Hub, you can have your best quarter, every quarter. Visit Hubspot.com/marketers to learn more

NetSuite Over 41,000 businesses have future-proofed their business with NetSuite, by Oracle - THE number one cloud E.R.P. Download the CFO’s Guide to AI and Machine Learning for free at NetSuite.com/fire

Optimize To chat with JLD about Optimizing your life, click here: EOFire.com/optimize

From the archive: This episode was originally recorded and published in 2021. 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.

Jeffrey Nicholson is the co-founder and CEO of Tracer, a data intelligence platform built to solve complex data equations. Jeffrey is a serial entrepreneur with a 15-year track record of building and scaling businesses across multiple fields, including advertising, media, and technology. He holds the unique privilege of running the first-ever ad via the global API on Snapchat, along with serving on advisory boards for Roku, Pinterest, and Nextdoor.

Top 3 Value Bombs

1. The biggest factor of being successful is mental will power.

2. What is measured gets improved.

3. When you invest in the valued relationship with your partners and clients, they will recommend you.

Your engine for answers. Take back time and control - Tracer Website

Sponsors

HubSpot When you combine the power of Marketing Hub and Content Hub, you can have your best quarter, every quarter. Visit Hubspot.com/marketers to learn more

Notion Combines your notes, docs, and projects into one space that’s simple and beautifully designed. And now it has the power of AI built right inside of it. Try Notion for free when you go to Notion.com/johnleedumas

Optimize To chat with JLD about Optimizing your life, click here: EOFire.com/optimize

From the archive: This episode was originally recorded and published in 2021. 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.

Alisa Cohn is an executive coach and the author of From Start-up to Grown-up. She has coached founders and executives at Venmo, Etsy, and DraftKings, along with enterprises such as Dell, Hitachi, and Pfizer. She writes for HBR and Inc and has been featured in Bloomberg, the BBC and New York Times.

Top 3 Value Bombs

1. You do not need to set goals; instead, set directions.

2. When starting a business, the most important thing is building a thriving, sustaining organization with a structure and with people who have their own psychology management through successes and challenges.

3. The secret to great hiring is setting up a specific game plan about what you want to accomplish in 30 days, 60 days, and 90 days.

5 Scripts for Delicate Conversations at Work (plus one bonus script to make your life better - Alisa's Website

Sponsors

HubSpot When you combine the power of Marketing Hub and Content Hub, you can have your best quarter, every quarter. Visit Hubspot.com/marketers to learn more

ThriveTime Show Attend the world’s highest rated business growth workshop taught personally by Clay Clark and NOW featuring Rich Dad Poor Dad Author Robert Kiyosaki and Eric Trump at ThrivetimeShow.com/eofire

Airbnb If you’ve got an extended trip coming up and need a little help hosting while you’re away, just hire a co-host to do the work for you. Find a co-host at Airbnb.com/host

From the archive: This episode was originally recorded and published in 2021. 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.

Kim Perell is a serial entrepreneur, angel investor, and bestselling author. She sold her last company for 235 million dollars. Kim loves supporting entrepreneurs and is an investor in over 100 companies.

Top 3 Value Bombs

1. Failure is essential to success.

2. It is important to plan, save, and know what you are willing to give up in order to achieve your vision.

3. Being afraid means you’re growing.

Dare To Do What Scares You in Business and Life – Reserve your copy of JUMP and get instant access to your One-Year Success Plan - Kim's Book, JUMP

Sponsors

HubSpot When you combine the power of Marketing Hub and Content Hub, you can have your best quarter, every quarter. Visit Hubspot.com/marketers to learn more

Optimize To chat with JLD about Optimizing your life, click here: EOFire.com/optimize

Mike Mathweg is a relentless entrepreneur and business growth expert who achieved remarkable success before age 30, exiting the insurance industry in under five years for a pretty sweet payout.

Top 3 Value Bombs

1. Success doesn’t happen overnight. It takes a lot of consistency, no days off, putting in the hardwork and luck.

2. Building a team is crucial. You need to have the experts in the field that has done it before.

3. Don’t be afraid to ask for help or for someone’s expertise because its going to save you time and money when you try to do it alone.

Check out Mike's website - Mike Mathweg Website

Sponsors

HubSpot When you combine the power of Marketing Hub and Content Hub, you can have your best quarter, every quarter. Visit Hubspot.com/marketers to learn more

Notion Combines your notes, docs, and projects into one space that’s simple and beautifully designed. And now it has the power of AI built right inside of it. Try Notion for free when you go to Notion.com/johnleedumas

Optimize To chat with JLD about Optimizing your life, click here: EOFire.com/optimize

Kass and Mike Lazerow are serial entrepreneurs and investors best known as the cofounders of Golf.com and Buddy Media, that sold to Salesforce for 745 million dollars. They are in high demand as public speakers, writers, and podcast guests and recently wrote a book called Shoveling $h!t: The Messy Path to Entrepreneurial Success.

Top 3 Value Bombs

1. Most people think you become successful by what you do , however, how you act determines your success. It is how you did it and how you make people feel.

2. Shoveling is represented by the willingness to embrace the messy, unglorious type of work that every founder has to do.

3. You can be knocked up a thousand times as an entrepreneur but if you start to get back up and start shoveling you can still succeed.

Pre-order their book now and get more than 350 dollars in FREE bonuses (while they last)! - Shoveling $hit

Sponsors

HubSpot When you combine the power of Marketing Hub and Content Hub, you can have your best quarter, every quarter. Visit Hubspot.com/marketers to learn more!

ThriveTime Show Attend the world’s highest rated business growth workshop taught personally by Clay Clark and NOW featuring Rich Dad Poor Dad Author Robert Kiyosaki and Eric Trump at ThrivetimeShow.com/eofire

Airbnb If you’ve got an extended trip coming up and need a little help hosting while you’re away, just hire a co-host to do the work for you! Find a co-host at Airbnb.com/host