May 13, 2019
In episode #1016, we hear John
Lee Dumas’ rebuttal to our previous episode about why you shouldn’t
reveal your income. Tune in to hear why he thinks income reports
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TIME-STAMPED SHOW NOTES:
- [00:27] Today’s Topic: John Lee
Dumas’ Rebuttal on Why You Shouldn’t Reveal Your Income
- [01:20] I’m here to rebut the
idea of not
sharing your income.
- [02:00] I publish income
reports because in 2011, I was trying to figure out my business
- [02:25] I pored over income
reports to get a sense of how someone else made real
- [02:45] In 2013, when I started
making real revenue, I started publishing income reports to give
people a guide map.
- [04:05] We are a small, lean
profit-generating machine and these reports help us stay that way,
because they give us insight into our own business.
- [04:30] Transparency is
- [05:15] I know our reports help
others improve their businesses.
- [05:41] There are round-up
posts were blogs and publishers point out the top income
- [07:15] Eric and Neil are
worried about people copying business ideas. I am not.
- [07:40] It can increase
competition, but I welcome it.
- [07:55] They said you can open
yourself up to litigation, but I have a good legal team, so I’m not
- [09:15] That’s it for
- [09:23] Go check out John’s
Podcast Entrepreneur on Fire.
- [09:31] Don’t forget to check
out Single Grain for more info about our free live event in
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