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 August, 2018
13,541 page views (+5,418 from July)
24,443 Youtube channel views (+3,869 from July)
137,645 Youtube minutes watched (+27,140 from July)
Email subscribers: 17,343 (-1,171 subscribers from July)
Expenses
Paypal fees: $263.43
Convert Kit: $179 – I’ve been testing this out as my new autoresponder
Aweber: $130 – This is my list building software that allows me to email everyone when there’s a new interview or review
Zapier: $75 – An amazing tool for automating your business
inCorp: $59 – Payment for corporation service in Florida
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
TinyPNG: $46.76 – I use this to reduce the size of my images on my website
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
Docusign: $40 – This is what we use for contracts for coaching students
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
Facebook ads: $16.60 – I’ve been experimenting with FB ads on my JV promos, doing giveaways of IM products, and testing other niches
Audible: $15.77 – Business books to further my education
GoDaddy: $15.17 – I renewed a domain name
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.
Amazon S3: $5.07 – I use this to host images, bonuses, and videos
Vault Press: $5 – A quick and easy tool that I use to backup my website
Jvzoo seller fees: $.85
Total expenses: $1,095.58 (-$7,025.48 spent compared to July)
Revenue
Leads2List: $2,479.99 from review and interview with Cyril Gupta
The Lost Code: $1,779.50 from review and interview with Brendan Mace
Animation Studio: $1,491.75 from review and interview with Todd Gross
Jvzoo Member: $1,342.55 from review and interview with Simon Harries
Video Sumo: $1,050.90 from review and interview with Mark Bishop
Kickass Tuber: $722 from review and interview with Angel Corman
Insta-Storie 2.0: $689.40 from review and interview with Mario Brown
Blistering: $557.54 from review and interview with Mosh Bari
Email Toolkit: $340.14 from review and interview with Ankur Shukla
CPA Pirate: $339.80 from review and interview with Pallab Ghosal
Traffic Revival: $290.82 from review and interview with Ike Paz
Awis 2.0: $274.50 from review and interview with Craig Crawford
Barter Profits for Cash Confidential: $212.20 from review and interview with John Shea
HQ Webinar: $194 from review and interview with Jai Sharma
Fusion by Dropmock: $145.40 from review and interview with Jamie Ohler
Viddyoze 3.0: $144.70 from review and interview with Joey Xoto
Synd Buddy: $103.36 from review and interview with Joshua Zamora
Thrive Leads: $90.75 from review and interview with Shane Melaugh
Affiliate Raid: $90.50 from review and interview with Richard Fairborn
EZ Magic Video: $84.48 from review and interview with Matt Bush
LiveReel: $78.96 from review and interview with Abhi Dwivedi
Easy VSL 2.0: $65 from review and interview with Mark Thompson
RankSnap: $62 from review and interview with Tom Yevsikov
Coursely: $50.47 from review and interview with Radu Hahaianu
Viral Video Stores: $48.50 from review and interview with Neil Napier
Ascend Pages: $47.50 from review and interview with Andrew Darius
Vid Skippy 2.0: $47.49 from review and interview with Mark Bishop
AdReel: $44.40 from review and interview with Ryan Phillips
Traffic Trapper: $36.97 from review and interview with Art Flair
eCompare: $33.50 from review and interview with Mark Bishop
Theme Maker: $33.50 from review and interview with Mikey Formby
Covert Social Press 2.0: $32.27 from review and interview with Soren Jordansen
Arbitrage Underdog 5.0: $30.65 from review and interview with Tom E.
Convertri 2017: $29.10 from review and interview with Andy Fletcher
Madsense Reborn 2.0: $28.50 from review and interview with Abdullah Asharaf
Commissionology: $27 from review and interview with Michael Cheney
Converzly: $26 from review and interview with Justin Burns
Instant Spokesperson: $24.50 from review
Shopabot: $23.96 from review and interview with Cindy Donovan
Stream Livve: $21.50 from review and interview with Jonathan Oshevire
IM Checklist Volume 5: Video Marketing: $21.25 from review and interview with Kevin Fahey
Moto Theme 3.0: $21 from review and interview with Vivek Gour
PBN Builder: $19.20 from review and interview with Joshua Zamora
Blox: $19.07 from review and interview with Mark Bishop
Viral Loop: $18.50 from review and interview with Cindy Donovan
Real Specific: $18.50 from review and interview with Shane Brooks
Social Traffic Jacker (CLOSED): $18.50 from review and interview with Tony Hayes
Video Robot: $18.48 from review and interview with Todd Gross
eCom Pages: $16.45 from review and interview with Mo Aguel
Quotamator: $14.98 from review and interview with Brett Ingram
XLeads360: $14.51 from review and interview with Adrian Isfan
Vidgeos: $13.50 from review and interview with Josh Ratta
Press Play 2.0: $13.50 from review and interview with Mark Thompson
Promoyze: $11.10 from review and interview with Andrew Darius
Jvzoo Academy: $11.10 from review and interview with Sam Bakker
HydraVid (CLOSED): $9.98 from review and interview with Walt Bayliss
Designo Pro 2.0: $8.50 from review and interview with Todd Gross
Pimpr: $6.08 from review and interview with Mark Bishop
Webinar X: $5.99 from review and interview with Neil Napier
Smarketly: $5.95 from review and interview with Simon Sela
Mobilee: $5.93 from review and interview with Jono Armstrong
Total revenue from interviews and reviews: $13,508.12 (+$3,041.04 from July)
Launch costs: $5,378 from Brett for Million Dollar Shortcut launch costs
Coaching: $4,125 – My earnings from our coaching program teaching software creation and launching
IM Insider: $3,744.27 – My earnings from our monthly coaching program
MyMailit: $157.19 – My earnings from our MyMailit launch in April, 2018
Resell Rights Weekly: $56.58 – This is a website that has a ton of products that you can use as your own
Hijax: $52.96 – My earnings from a launch I did with Brett Rutecky in February, 2018
Google Adsense: $50.39 – Earnings from Youtube and Adsense
Affiliate Trax: $30.71 – This is my cut from a launch I did with Brett in May, 2016
Group Traffic Profits: $30.71 – My earnings from a launch I did in December, 2016 with Brett Rutecky
Review Wizard: $29.14 – My earnings from a launch Brett and I did
Profit Canvas Unlimited: $21.50 – My commission from a private webinar Brett Rutecky and I did
Social Traffic System: $21.50 – My earnings from a launch I did with Brett Rutecky in September, 2017
Autonars: $12.29 – My earnings from a launch I did with Brett Rutecky in June, 2017
Insta Funnel agency: $12.29 – My earnings from a webinar I did with Brett
Keyword Suggestions JV commission: $10.44 – This is my cut from a launch I did with Radu in September, 2015
Social Robot JV commission: $8.34 – This my cut from a launch I did with Joshua Zamora in early 2015
Total from OTHER streams of income: $13,741.31 (-$13,900.84 from July)
Total Revenue: $27,249.43 (-$10,859.80 from July)
Total Profit: $26,153.85 (-$3,834.32 from July)
And here’s September
Here’s my results for September, 2018
7,603 page views (-5,938 from August)
18,038 Youtube channel views (-6,405 from August)
99,217 Youtube minutes watched (-38,428 from August)
Email subscribers: 17,123 (-220 subscribers from August)
Expenses
Jvzoo Member commissions: $6,085 sent to Brett for shared commissions
Sales copy: $1,000 paid to copywriter for Value Deliver sales copy
Virtual assistant: $800 – I have an assistant help with all my promotions, including copywriting, scheduling, and posting.
Event ticket: $370 – Ticket to Marketing Alliance Portugal 2.0
Convert Kit: $179 – I’ve been testing this out as my new autoresponder
Aweber: $130 – This is my list building software that allows me to email everyone when there’s a new interview or review
Facebook ads: $115.76 – I’ve been experimenting with FB ads on my JV promos, doing giveaways of IM products, and testing other niches
Zapier: $75 – An amazing tool for automating your business
Paypal fees: $74.72
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
TinyPNG: $42.06 – I use this to reduce the size of my images on my website
ManyChat: $40 – A service that I use to build a Facebook messenger list
Docusign: $40 – This is what we use for contracts for coaching students
GoDaddy: $19.99 – I renewed a domain name
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
Schedule Once: $19 – This is what I use to schedule my coaching calls
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.
Amazon S3: $6.51 – I use this to host images, bonuses, and videos
Vault Press: $5 – A quick and easy tool that I use to backup my website
Jvzoo seller fees: $.85
Total expenses: $9,222.59 (+$8,127.01 spent compared to August)
Revenue
Jvzoo Member: $18,317.45 from review and interview with Simon Harries
Live Event Blaster 2.0: $2,040.29 from review and interview with Stoica
StockNation: $1,288 from review and interview with Gaurav Madaan
Bloggii: $851.02 from review and interview with Stefan Ciancio
Smart Affiliate Stores: $617 from review and interview with Dan Ashendorf
Insta-Minator: $508.83 from review and interview with Mosh Bari
Instazon Suite: $265.90 from review and interview with Cyril Gupta
Repwarn reseller (CLOSED): $248.50 from review and interview with Walt Bayliss
Video Reel: $209.50 from review and interview with Abhi Dwivedi
Send Engine: $167.50 from review and interview with Petru Iacob
Video Marketing Blaster: $141 from review and interview with Ali G.
Fusion by Dropmock: $131.30 from review and interview with Jamie Ohler
OneSoci 2.0: $106.20 from review and interview with Lee Pennington
Crowd Search Me (CLOSED): $98.50 from review and interview with Daniel Anton
Viddyoze 3.0: $96.20 from review and interview with Joey Xoto
Press Play 2.0: $90.50 from review and interview with Mark Thompson
Video Sumo: $82.09 from review and interview with Mark Bishop
Ascend Pages: $74.50 from review and interview with Andrew Darius
Kickass Tuber: $68.50 from review and interview with Angel Corman
Easy VSL 2.0: $65 from review and interview with Mark Thompson
Synd Buddy: $53.84 from review and interview with Joshua Zamora
UltraVid: $50.47 from review and interview with Radu Hahaianu
Insta-Storie 2.0: $45.20 from review and interview with Mario Brown
AdReel: $44.40 from review and interview with Ryan Phillips
Theme Maker: $33.50 from review and interview with Mikey Formby
Convertri 2017: $29.10 from review and interview with Andy Fletcher
Commissionology: $27 from review and interview with Michael Cheney
Awis 2.0: $27 from review and interview with Craig Crawford
Email Toolkit: $26.21 from review and interview with Ankur Shukla
Jvzoo Academy: $24.60 from review and interview with Sam Bakker
Instant Spokesperson: $24.50 from review
Video Vibe Pro: $24.48 from review and interview with Joshua Zamora
Shopabot: $23.96 from review and interview with Cindy Donovan
Video Traffic X (CLOSED): $23.50 from review and interview with Walt Bayliss
Affiliazon: $23.50 from review and interview with Kurt Chrisler
The Lost Code: $22.92 from review and interview with Brendan Mace
Moto Theme 3.0: $22 from review and interview with Vivek Gour
Social Traffic Jacker (CLOSED): $18.50 from review and interview with Tony Hayes
Real Specific: $18.50 from review and interview with Shane Brooks
eCom Pages: $16.45 from review and interview with Mo Aguel
Vidgeos: $13.50 from review and interview with Josh Ratta
Traffic Trapper: $13.47 from review and interview with Art Flair
Barter Profits for Cash Confidential: $12.12 from review and interview with John Shea
Blistering: $11.46 from review and interview with Mosh Bari
Riserr: $11.14 from review and interview with Art Flair
HydraVid (CLOSED): $9.98 from review and interview with Walt Bayliss
EZ Magic Video: $9.98 from review and interview with Matt Bush
Vid Skippy 2.0: $8.99 from review and interview with Mark Bishop
IM Checklist Volume 5: Video Marketing: $8.50 from review and interview with Kevin Fahey
Webinar X: $5.99 from review and interview with Neil Napier
Smarketly: $5.95 from review and interview with Simon Sela
Total revenue from interviews and reviews: $26,158.49 (+$12,650.37 from August)
IM Insider: $3,465.38 – My earnings from our monthly coaching program
Webinar: $1,590 – My earnings from a webinar Brett and I did with Matt Bacak
Coaching: $500 – My earnings from our coaching program teaching software creation and launching
MyMailit: $105.48 – My earnings from our MyMailit launch in April, 2018
Resell Rights Weekly: $55.88 – This is a website that has a ton of products that you can use as your own
Google Adsense: $50.09 – Earnings from Youtube and Adsense
Mail It: $30.71 – My earnings from a launch I did in August, 2016 with Brett Rutecky
Profit Canvas Unlimited: $21.50 – My commission from a private webinar Brett Rutecky and I did
Social Traffic System: $21.50 – My earnings from a launch I did with Brett Rutecky in September, 2017
Hijax: $19.50 – My earnings from a launch I did with Brett Rutecky in February, 2018
Autonars: $12.29 – My earnings from a launch I did with Brett Rutecky in June, 2017
Insta Funnel agency: $12.29 – My earnings from a webinar I did with Brett
Social Robot JV commission: $8.34 – This my cut from a launch I did with Joshua Zamora in early 2015
Keyword Suggestions JV commission: $7.43 – This is my cut from a launch I did with Radu in September, 2015
Re-Engager: $5.04 – My earnings from a launch I did with Brett Rutecky and Tim Verdouw
Total from OTHER streams of income: $5,905.43 (-$7,835.88 from August)
Total Revenue: $32,063.92 (+$4,814.49 from August)