Why You Shouldn’t Share Income Information | Ep. #974 - a podcast by Eric Siu & Neil Patel

In episode #974, we discuss why you shouldn’t publicly share income information. Tune in to hear the dangers of being so forthcoming.

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TIME-STAMPED SHOW NOTES:

• [00:27] Today’s Topic: Why You Shouldn’t Share Income Information
• [00:53] When things are going well for you and you share the details of your income, people will begin copying your methods.
• [01:05] You only invite competition and resentment.
• [01:25] Once, Eric referred a customer onto someone else.
• [01:38] He then got sued because the customer felt the other company wasn’t helpful and wanted Eric to pay back the amount of the money he felt he wasted.
• [02:10] Sharing income reports puts a target on your back.
• [03:05] You can share your income at the beginning, but once you start making more, scale back the sharing.
• [03:07] That’s it for today!
• [03:10] We hit our goal of 1 Million downloads! So, we will be throwing a free event in Los Angeles this June. Check out this website if you would like to attend. Remember: we are capping the event at 500 people, so sign up now, if you’re interested! DM Eric if you would like to participate in the VIP dinner.

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