Every month I publish an income report…why? Good question
1. Accountability
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 certain 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.
2. Integrity
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.
3. Perspective
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 June, 2018
13,280 page views (+370 from May)
22,484 Youtube channel views (-2,986 from May)
113,866 Youtube minutes watched (-23,565 from May)
Email subscribers: 18,180 (-2,246 subscribers from May)
Expenses
Paypal fees: $190
Facebook ads: $169.86 – I’ve been experimenting with FB ads on my JV promos, doing giveaways of IM products, and testing other niches
Aweber: $130 – This is my list building software that allows me to email everyone when there’s a new interview or review
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
Gusto: $45 – This is the company I use for my SCORP payroll
ManyChat: $40 – A service that I use to build a Facebook messenger list
TinyPNG: $21.60 – I use this to reduce the size of my images on my website
Resell Rights Weekly: $19.95 – Reoccurring membership fee for the bonuses I add from my interviews and reviews
Wufoo: $19 – This is the form we use for coaching applications
Audible: $15.77 – 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.
Evernote: $7.95 – I use this for keeping organized
Amazon S3: $7.71 – I use this to host images, bonuses, and videos
Restream: $7.49 – I was testing this to stream out my interviews
Jvzoo seller fees: $7.25
Schedule Once: $5 – This is what I use to schedule my coaching calls
Vault Press: $5 – A quick and easy tool that I use to backup my website
Total expenses: $811.56 (-$3,008.16 spent compared to May)
Revenue
Moto Theme 3.0: $2,712.50 from review and interview with Vivek Gour
Reddule: $2,262.43 from review and interview with Ben Murray
WP Freshstart 5.0: $2156.15 from review and interview with Ankur Shukla
Paytrix: $1,200.10 from review and interview with Jono Armstrong
Fusion by Dropmock: $974.50 from review and interview with Jamie Ohler
Auto Webinar X: $881.50 from review and interview with Mario Brown
HQ Webinar: $827.24 from review and interview with Jai Sharma
DigiiBiz: $768.72 from review and interview with Mark Bishop
LiveReel: $701.06 from review and interview with Abhi Dwivedi
Lingo Blaster: $656.47 from review and interview with Ali G.
Timeless Traffic: $570.92 from review and interview with Soufian Chalouh
Tweet Push: $567.55 from review and interview with Cyril Gupta
Coursely: $561.87 from review and interview with Radu Hahaianu
Videlligence 2.0: $528 from review and interview with Mario Brown
My Post Builder: $457 from review and interview with Kimberly de Vries
Synd Buddy: $347.96 from review and interview with Joshua Zamora
Re-Kaching: $303.34 from review and interview with Mosh Bari
Stackn: $125.67 from review and interview with Jeremey Kennedy
Video Robot: $120.46 from review and interview with Todd Gross
Viddyoze 3.0: $109.15 from review and interview with Joey Xoto
Sellin Messenger: $100 from review and interview with Jay Sharma
Madsense Reborn 2.0: $75.50 from review and interview with Abdullah Asharaf
Easy VSL 2.0: $65 from review and interview with Mark Thompson
Thrive Leads: $61.75 from review and interview with Shane Melaugh
Ascend Pages: $61 from review and interview with Andrew Darius
XLeads360: $60.80 from review and interview with Adrian Isfan
AdReel: $55.50 from review and interview with Ryan Phillips
Commissionology: $45.07 from review and interview with Michael Cheney
Storie: $44.80 from review and interview with Mario Brown
Designo Pro 2.0: $42 from review and interview with Todd Gross
Real Specific: $39.50 from review and interview with Shane Brooks
Shopabot: $36.43 from review and interview with Cindy Donovan
Repwarn reseller : $33.50 from review and interview with Walt Bayliss
WP GDPR Fix: $32 from review and interview with Cyril Gupta
EZ Magic Video: $29.94 from review and interview with Matt Bush
Drop Mock Video: $29.60 from review and interview with Lee Pennington
Convertri 2017: $29.10 from review and interview with Andy Fletcher
vRankerPro: $28.20 from review and interview with Andy Black
Instant Spokesperson: $24.50 from review
Video Traffic X (CLOSED): $23.50 from review and interview with Walt Bayliss
InstaEasy: $22 from review and interview with Luke Maguire
Social Traffic Jacker (CLOSED): $18.50 from review and interview with Tony Hayes
IM Checklist Volume 5: Video Marketing: $17 from review and interview with Kevin Fahey
eCom Pages: $16.45 from review and interview with Mo Aguel
WP Link Shield: $14.10 from review and interview with Chris Hitman
Vidgeos: $13.50 from review and interview with Josh Ratta
Passive Profit Builder: $13.50 from review and interview with Mosh Bari
Videosly: $13.50 from review and interview with Sam Bakker
Press Play 2.0: $13.50 from review and interview with Mark Thompson
Rank Me: $12.47 from review and interview with Radu Hahaianu
Jvzoo Academy: $11.10 from review and interview with Sam Bakker
Promoyze: $11.10 from review and interview with Andrew Darius
Ad Buddy: $11.10 from review and interview with Tom Yevsikov
HydraVid (CLOSED): $9.98 from review and interview with Walt Bayliss
Live Caster: $9.96 from review and interview with Cyril Gupta
Webinar X: $5.99 from review and interview with Neil Napier
Smarketly: $5.95 from review and interview with Simon Sela
PixelModo: $5.10 from review and interview with Neil Napier
Total revenue from interviews and reviews: $17,975.08 (-$4,493.21 from May)
IM Insider: $3,410.42 – My earnings from our monthly coaching program
MyMailit commissions: $490 – Brett paid me extra commissions that were missed
MyMailit: $205.38 – My earnings from our MyMailit launch
Affiliate Income Secrets: $146.64 – My product teaching how I make money from affiliate marketing
Google Adsense: $59.91 – Earnings from Youtube and Adsense
Profit Canvas Unlimited: $43 – My commission from a private webinar Brett Rutecky and I did
Resell Rights Weekly: $41.91 – This is a website that has a ton of products that you can use as your own
Social Robot JV commission: $35.16 – This my cut from a launch I did with Joshua Zamora in early 2015
Social Traffic System: $31.25 – My earnings from a launch I did with Brett Rutecky in September, 2017
Mail It: $27.92 – My earnings from a launch I did in August, 2016 with Brett Rutecky
Group Traffic Profits: $27.92 – My earnings from a launch I did in December, 2016 with Brett Rutecky
Insta Funnel agency: $24.58 – My earnings from a webinar I did with Brett
Keyword Suggestions JV commission: $16.18 – This is my cut from a launch I did with Radu in September, 2015
Instant Video Pages: $13.96 – My earnings from a launch Brett and I did
Autonars: $12.29 – My earnings from a launch I did with Brett Rutecky in June, 2017
Hijax: $9.75 – My earnings from a launch I did with Brett Rutecky in February, 2018
Total from OTHER streams of income: $4,596.27 (+$2,016.51 from May)
Total Revenue: $22,571.35 (-$2,476.70 from May)
Total Profit: $21,759.79 (+$531.46 from May)
This is just a catch-up income report.