Entrepreneurs on Fire

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Income Report for April 2022: Torch Scholarship, We're Married, and more! May 20, 2022

Show notes

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/income104, and IGNITE!

April 2022 Income At-A-Glance

Gross Income for April: $223,352

Total Expenses for April: $16,815

Total Net Profit for April: $206,537

Difference b/t April & March: +$10,993

% of net profit to overall gross revenue: 92%

Sponsors:

HubSpot: Learn how to grow better by connecting your people, your customers, and your business at HubSpot.com!

Clay Clark: Looking for a business coach who has helped thousands of entrepreneurs increase profitability by an average of 104% annually - all for less money than it would cost to hire a minimum wage employee? And all on a month-to-month basis!? Schedule your free consultation today with Clay Clark at ThrivetimeShow.com/fire!

How Entrepreneurs Can Build Their Own App without Knowing How to Write a Single Line of Code with Emil Egeland May 19, 2022

Show notes

Emil Egeland is the founder of the software company Yellow Jersey Prior to Yellow Jersey Emil founded two companies that went from 0 to over $1M in a year each. He then helped another business go from $1.1M to $6M in two years.

Top 3 Value Bombs:

1. If you're looking for a software, there's somebody out there who's got what you need. If you have the software, you'll have more customers.

2. Your software has to do what it has to do, and it has to do it relatively fast.

3. You can buy source codes for different portions of your software. There's a lot of developers out there sitting at software that's just you need.

A one-stop shop for companies less than 100 people who's looking to grow and scale. Visit and get 3 months on their yearly subscription - YellowJersey.io/FIRE

Sponsors:

HubSpot: Learn how to grow better by connecting your people, your customers, and your business at HubSpot.com!

Thinkific: Create more income, more freedom, more time, and make more of an impact on the world by creating an online course! Get started with Thinkific for free at Thinkific.com/eof!

Helping Ukraine's Most Vulnerable In Wartime with Mark Davis May 18, 2022

Show notes

Mark Davis is an American director at AbundanceInternational.org, a US non-profit, bring life-giving aid to orphanages in Ukraine for 10-years, now during wartime.

Top 3 Value Bombs:

1. Embrace your crisis, realize that you're in it for a purpose and you have been called, you are capable, there's a reason that you're there. Be able to look back and be proud of the way you handled yourself.

2. You have to influence yourself. The most important job of any leader is to encourage yourself. When you're in a good place, you radiate that into others.

3. You have to paint a story for people. You have to handpick what you're trying to deliver to make your message come across, or they will come up with their own story.

Help the orphans in this time of crisis - The Central Point Abundance International

Sponsors:

HubSpot: Learn how to grow better by connecting your people, your customers, and your business at HubSpot.com!

ZipRecruiter: Find the right employees for your workplace with ZipRecruiter, the #1 rated hiring site in the US, based on G2 ratings! Try it for free at ZipRecruiter.com/fire!

Radical Confidence with Lisa Bilyeu May 17, 2022

Show notes

Lisa Bilyeu, co-founder of Impact Theory Studios, a digital-first studio whose audience is 7.5 million strong, and author of Radical Confidence on shelves May 10th.

Top 3 Value Bombs:

1. You can take ownership of healing yourself, do own assessments, and listen to red flags from your body.

2. People see you act, move forward, and they think it's confidence. It's radical confidence that keeps you moving forward through a set of tools and a plan, even if you don't have confidence.

3. Failure is potentially the best opportunity that changes your mindset on a global scale in everything you do.

Order Your Copy Of Radical Confidence Today & You'll Get Free Gifts - Radical Confidence

Sponsors:

HubSpot: Learn how to grow better by connecting your people, your customers, and your business at HubSpot.com!

Thinkific: Create more income, more freedom, more time, and make more of an impact on the world by creating an online course! Get started with Thinkific for free at Thinkific.com/eof!

FranBridge: Jon Ostenson, founder of FranBridge Consulting, represents the premier source for the best opportunities in the non-food franchise world. Sign up for a free consultation call today at FranBridgeConsulting.com!

Teaching Teens Entrepreneurship and Financial Independence with Dan Sheeks May 16, 2022

Show notes

Dan Sheeks is the Author of First to a Million: A Teenager's Guide to Achieving Early Financial Independence and the founder of SheeksFreaks: a community of young entrepreneurs and early FI seekers. Dan has also been teaching high school business classes for 19 years.

Top 3 Value Bombs:

1. If you are a young person, or a parent of a young person. Flip the script on the status quo. If a person is going to go on college, community colleges are a great option. Do an internship or apprenticeship that won't put them in tens of thousands of dollars in debt.

2. The system is setup where if a high school student wants to pursue high level of education, they're going to be much more attractive to colleges and universities if they have a high level math and science classes.

3. It's difficult to know what you want to do for, potentially, 40 years of your life when you're 18 years old, and to pick a major that you're not going to be interested in for decades.

Cheek out Dan's website and join a community of like-minded people - Sheeks Freaks

Sponsors:

HubSpot: Learn how to grow better by connecting your people, your customers, and your business at HubSpot.com!

LinkedIn Advertising: Scale your marketing and grow your business with LinkedIn Advertising! And right, LinkedIn is offering a $100 credit on your next campaign. Visit LinkedIn.com/onfire to claim your credit!

VistaCreate: A graphic design platform where anyone can easily craft professional and unique visual content for social media and digital marketing in minutes! Visit VistaCreate.com today to try it for free!

Pay Yourself First with Curtis Ray May 15, 2022

Show notes

Curtis Ray is an Arizona native, married with 5 Children, Collegiate Wrestler at ASU, Best Selling Author- "Everyone Ends Up Poor", Inventor of the Financial Strategy MPI, and a Business Owner with Revenues of $75mm.

Top 3 Value Bombs:

1. We focus too much on getting home runs, growing, and scaling our business without considering the risks that are in our business.

2. Money does not buy happiness, but it does buy freedom.

3. The most important decision we make has nothing to do with how much money we make, but how efficient we are with the money we make.

Get Curtis' book, Everyone Ends Up Poor!: Why Financial Planning Is All Backwards And How To Fix It - Everyone Ends Up Poor

Sponsors:

HubSpot: Learn how to grow better by connecting your people, your customers, and your business at HubSpot.com!

Roll by ADP: The only chat-based mobile app specifically designed for small business owners to keep payroll easy! Visit GetRoll.com/fire to get the Roll by ADP app and get your first 3 months free!

Free PR with Cameron Herold May 14, 2022

Show notes

Cameron Herold is known around the world as the CEO Whisperer, and he's just published his 5th book Free PR to share with you the secrets he's been sharing with coaching clients for years.

Top 3 Value Bombs:

1. Don't try to land the biggest outlet, try to get covered first in small, monthly magazines.

2. It's really less about coming up with new angles and more about understanding the target audience of the outlet you want to speak to.

3. The 3 things you need to know when approaching PR: Know your angle, know your target, and pick up the phone!

The industry's best Press Release distribution network - PR NewsWire

Sponsors:

HubSpot: Learn how to grow better by connecting your people, your customers, and your business at HubSpot.com!

Volley: A hot new video messaging app that entrepreneurs are using for coaching, community, and collaboration! Sign up today at VolleyApp.com/eofire and get grandfathered into their free forever plan!

From Zero to 6 Million In Annual Recurring Revenue with Colton Bollinger May 13, 2022

Show notes

Colton Bollinger and the team over at Jumper Media help over 4,000 businesses tell their stories through Instagram. From zero to 6 million in annual recurring revenue in 2 years and from 3 to 50 employees!

Top 3 Value Bombs:

1. The biggest thing when handling an internal team is communication and being able to be transparent with them.

2. Scaling a company will never happen if you don't have a really effective lead generation strategy.

3. Evaluate relationships and what you can give to people; it will come back to you ten-fold.

Visit Colton's website - JumperMedia

Sponsors:

HubSpot: Learn how to grow better by connecting your people, your customers, and your business at HubSpot.com!

Conversion Fanatics: If you're generating 7 to 8 figures + from your website, and you're not doing conversion optimization, you're leaving revenue on the table! Visit ConversionFanatics.com for a free proposal today and tell them EOF sent you!

Democratizing the World of Real Estate Investing with Giri Devanur May 12, 2022

Show notes

Giri Devanur is a serial tech entrepreneur who is looking to democratize the world of real estate investing through his latest project-- reAlpha.

Top 3 Value Bombs:

1. 5 years from today, every aspect of a real estate transaction would've been touched by technology or completely altered by technology.

2. Short-term rental market space is a global phenomena. What started as a bed and breakfast by AirBNB has become a phenomena countries and regions. Technology is disrupting every angle of it.

3. Real estate is one of the largest industry in the world. The mixing of technology in that industry is creating a whole new wave of companies and startups to come in and build a new platform.

Build Your Portfolio with the Vacation Economy - Invest REAlpha

Sponsors:

HubSpot: Learn how to grow better by connecting your people, your customers, and your business at HubSpot.com!

Thinkific: Create more income, more freedom, more time, and make more of an impact on the world by creating an online course! Get started with Thinkific for free at Thinkific.com/eof!

Choose Scary - That's where magic happens with Tom Scarda May 11, 2022

Show notes

Tom Scarda was able to semi-retire with his first franchise, then failed miserably in his second. The lessons learned from failure is what makes him such an inspiration.

Top 3 Value Bombs:

1. Whatever you choose, your choices always come down to uncertainty, and unhappiness. Choose uncertainty.

2. There's no way to get past fear. The only way is to embrace it and understand the ramification.

3. Don't go into something that has zero market, unless you have lots of money and lots of time. Get into something where there's a niche, but not something that has never been done before.

Check out Tom's website and get in touch with him - TomScarda The Franchise Academy

Sponsors:

HubSpot: Learn how to grow better by connecting your people, your customers, and your business at HubSpot.com!

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