Every month I publish an income report…why? Good question 🙂
With all the shiny objects out there it’s easy to spend WAY more than you’re earning. Luckily I realized this early on and I’ve kept detailed records of my expenses ever since. That being said, I know that there are onvertertain expenses that are NECESSARY when running a business. As much as I don’t want to pay for them, I need to pay for my email autoresponder, website hosting, and video hosting every month. It’s just a part of doing business. There are other things that I buy as well, but I try my best to keep my expenses SIGNIFICANTLY LESS than my revenue. If I can do that then I’m ahead of the game.
On my show I ask my guests a lot of personal questions. One that frequently comes up is “How much do you make?”. I feel like I need to reveal my own income if I’m going to be asking others the same question. It only seems right.
There are a lot of online marketers out there who fake-it-till-they-make-it. In other words, they fudge their numbers and exaggerate their earnings in order to establish false authority in their niche. My goal is that by watching my income grow slowly over time you’ll realize that there is no get-rich-quick button.
Here’s my results for September, 2016
28,868 website page views (-1,624 from August)
31,837 Youtube channel views (-3,495 from August)
177,211 Youtube minutes watched (-22,007 from August)
Facebook group members: Approx. 600 members (First record of this so no change)
Email subscribers: 22,609 (+2,539 subscribers from August)
GoToWebinar: $199 – I use this for live webinars and training
Convert Kit: $179 – I’m testing out a new autoresponder as Aweber hasn’t been getting the delivery that I’m used to
Aweber: $130 – This is my list building software that allows me to email everyone when there’s a new interview or review
Paypal fees: $69.88
Fedex: $52 – I sent documents to the US to set up my business 401K investment portfolio with Vanguard
Internet: $50 – This is what I pay for my fiber Internet in Turkey
ZenDesk: $50 – Brett and I use this for our helpdesk for our launches
Jvzoo seller fees: $34.40
Monthly phone fees: $30
Food Blogger Pro: $29 – A course I purchased on setting up a food blog, something that I’m interested in
Wistia: $25 – This is how I host my sales videos and course content.
Resell Rights Weekly: $19.95 – Reoccurring membership fee for the bonuses I add from my interviews and reviews
Click Magick: $17 – This is one of my FAVORITE tools for tracking links.
Audible: $14.95 – Business books to further my education
iCloud: $9.99 – I use this to store my documents online
Skype: $9.99 for premium – I do all my interviews with Skype and Ecamm call recorder on a Mac.
Vault Press: $5 – A quick and easy tool that I use to backup my website
Amazon S3: $3.66 – I use this to host images and videos
Total expenses: $928.82 (-$11,391.85 spent compared to August)
Social Kickstart: $34 from customers being cookied from buying previous products
FB Live Marketing Secrets 2.0: $25.05 from bonus promoting a Henry Gold offer
Total revenue from interviews and reviews: $19,731.02 (-$893.57 from August)
Mail It Launch adjustment: $7,000 – Brett sent me money for launch expenses
Mail It: $1,204.95 – My earnings from a launch I did in August, 2016 with Brett Rutecky
Affiliate Income Secrets: $545 – My product teaching how I make money from affiliate marketing
Google Adsense: $100 – Payment for Youtube channel ads
Resell Rights Weekly: $98.49 – This is a website that has a ton of products that you can use as your own
Keyword Suggestions JV commission: $79.06 – This is my cut from a launch I did with Radu in September, 2015
Social Robot JV commission: $59.39 – This my cut from a launch I did with Joshua Zamora in early 2015
Affiliate Trax: $27.82 – This is my cut from a launch I did with Brett in May, 2016
Profit Canvas Pro: $18.36 from a product Brett Rutecky and I launched in 2015
SociSpot JV commission: $11.12 – This is my cut from a launch I did with Lee Pennington in November, 2015
Total from OTHER streams of income: $9,144.19 (-$60,088.76 from August)
Total Revenue: $28,875.21 (-$60,982.33 from August)
Total Profit: $27,946.39 (-$49,590.48 from August)
I get emails every day from people telling me that they haven’t made even one dollar online yet. Honestly…that astounds me as seriously ANYONE can make money online. There are soooooooo many ways to do it.
What most people don’t have is patience.
They expect to go from $0 per day to $10,000 per month super quickly…and we all know that it’s impossible (or at least super rare).
I’ve done over 800 interviews now with successful entrepreneurs. They all have stories about how they started, struggled, and then finally made it. But they all found something that worked and kept doing it. They saw the “spark” of a little bit of income and kept fanning the flame.
For me the “spark” was when I published my first interview back in September, 2012.
From that first interview I was able to make a grand total of $88.33.
Some people might not get super excited about that…but for me it was PROOF and the “spark” that ignited my flame to keep doing daily interviews.
And affiliate marketing isn’t the only way to make money online.
Today I’m going to list 8 ways to make money online that will either make you money TODAY or within the next 30 days.
- Complete tasks on sites like Mechanical Turk: You’re not going to make a million dollars, but there are a ton of little jobs that pay pennies to up to $200 to complete. Again, you’re not going to make a lot, but if making $3 to $6 per hour could help pay some bills then it might be worth checking out. Here’s a link to one person’s experience.
- Provide a service on Fiverr: At the end of 2014 I was looking for an extra income stream. So I decided to put up a gig on Fiverr offering to write a 400-word unique article for $5. I also offered a service to rewrite any article up to 600-words for $5. These gigs ended up being quite popular and I was consistently able to make an extra $500/month for a few months. I even made a product teaching exactly how I did this HERE.
- Complete incentivized offers on Treasure Trooper: This is one of the easiest ways I know to make a little extra money online…and it’s fun too. All you have to do is complete free trial offers and you get rewarded with cash. You also get paid for filling out surveys and watching videos. Since 2005 it’s members have earned over $7,000,000 in rewards.
- Create an authority blog: Ok, you might not make money today, but if you consistently work on it you can create a REAL income. This blogger makes $5,000 per month and it’s just his 8th month of blogging. If he can do it, why can’t you?
- Interview 10 people and sell it as a product: Oh wait, that sounds familiar. Why? Because this is EXACTLY how I created my first product. I interviewed 10 product creators about how to launch a product. I only made about $700 in profit…but it led to a lot of other opportunities. And you can have FREE access to that course HERE.
- Do odd jobs on Task Rabbit: It’s not technically “online”, but I personally know someone who makes a full-time living doing jobs for clients he finds on Task Rabbit. There are tons of people looking for YOU to do their errands and off jobs for cash.
- Start a food blog: My wife and I are currently in the process of setting up our own food blog. Our biggest inspiration is Pinch of Yum, that makes anywhere from $20k to $40k per month from taking pictures and videos of food that they make in their kitchen.
- Teach how to do pretty much ANYTHING on Skillshare: My friend John Shea is currently making $500 to $2,000 per month teaching little video courses on Skillshare. His girlfriend made a video on how to make an apple crisp, made over $100, and now makes about $10/month in passive income from just putting in a little bit of work. We released a course about this called Video Course Cash Kit that you can check out HERE.
So now you have 8 proven ways of making money online. They all 100% work, but they might take a little time to get started with.
I 100% believe that ANYONE can make money online. You just need to take action today and be willing to put in a little bit of work.
Do you know any other ways to make money online that have worked for you or people you know? Please post them below in the comments.