Revenue Update For April - Profit on the Horizon
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Revenue Update For April – Profit on the Horizon

Expenses

ManageWP: $147

Pingler: $5

Aweber: $1

Social Adr: $94

Ezarticle link subscription: $30

Free Jing and ScreenCast Subscription for
easily explaining things to workers : $10

Whoosh (CLOSED) rank tracking subscription: $50

EZarticle spin credits: $480

Copyscape: $25

AMR/UAW outsourcing: $360

Odesk writing and outsourcing: $2,097

Domains and hosting: $1,577

website creation outsourcing: $22

Header: $198

Content Domination: $17.30

Total expenses: $5,014

 

Revenue

WPGoldmine commission (CLOSED): $9

Text link ads: $95

Private sale: $140

Adsense: $2,268

Total Revenue: $2,512

Total Profit: $-2,502

How can I say “profit is on the horizon” when I lost more this month than any other month? The reason is because my hard work is starting to pay off. I’ll point out why:

1. The sites I made 3 months ago are starting to rank in the search engines.

2. I had 4 $100 Adsense days in April.

3. My total Adsense went up $468 from the previous month, even after some older sites got hit by the lovely Google Penguin Update.

4. I have my first website on Flippa to start building trust as an honest website seller. The site I’m selling is HERE

I’m going to keep trucking along. I’ll also be releasing some more sites for sale on Flippa in the near future. Stay tuned!

 

  • May 4, 2012
Click Here to Leave a Comment Below 8 comments
Jc - May 4, 2012

All businesses take time to be profitable. Looks like you have a good long term plan in place.

Reply
    Mike From Maine - May 5, 2012

    JC,

    Yes, it takes time for these things to work out. Actually, if I stopped building websites today I could take in $1200-$2000 in profit this month, but I choose to build for the long term.

    Reply
Nigel | A newbie marketer - May 4, 2012

It’s hard to say what your doing because we don’t know how many sites your servicing and how many articles getting outsourced. You could be building 50 sites per week, but your expenses are clearly eating into your profits. Based on the Peguin update I’m focusing less on quantity of sites and more on content per site, so I’m building up not out.

Be interesting to see your May income.

Keep up the good work

Nigel

Reply
    Mike From Maine - May 5, 2012

    Most of my costs are on outsourcing website creation, link building, and article writing…basically the whole website creation process.

    Reply
SandraK - May 4, 2012

I really hope you start to see some profit in the next couple months in your updates for your sake. You are a braver person than me losing that kind of money each month on this project.

Hope you do very, very well with your first Flippa sale.

Reply
    Mike From Maine - May 5, 2012

    Sandra,

    Thanks for your kinds words. I’m sure I’ll start seeing some profit soon 🙂

    Reply
Jason - May 24, 2012

Wow, the is a pretty big negative number!

Reply
    Mike From Maine - May 24, 2012

    Yeah, it’s nice and big 😉

    In the last few months I’ve spent quite a bit of money to build up my portfolio quickly…stay tuned to see the results.

    Reply

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