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 November, 2018
8,172 page views (-204 from October)
15,769 Youtube channel views (-3,651 from October)
80,088 Youtube minutes watched (-23,165 from October)
Email subscribers: 17,835 (-282 subscribers from October)
Expenses
Sales copy: $1,000 – We paid Mark Tandan this for our Members Kit sales copy
Sales graphics: $500 – We paid Justin Opay for graphics for our Members Kit launch
Facebook ads: $328.68 – I’ve been experimenting with FB ads on my JV promos, doing giveaways of IM products, and testing other niches
Aweber: $323.80 – This is my backup autoresponder
Convert Kit: $179 – I’ve been using this out as my autoresponder
Zapier: $75 – An amazing tool for automating your business
ManyChat: $50 – A service that I use to build a Facebook messenger list
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
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
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: $5.69 – I use this to host images, bonuses, and videos
Vault Press: $5 – A quick and easy tool that I use to backup my website
TinyPNG: $4.62 – I use this to reduce the size of my images on my website
Total expenses: $2,750.49 (-$2,391.86 spent compared to October)
Revenue
Xmails: $3,286.66 from review and interview with Jai Sharma
Digi Store Builder: $2,282.13 from review and interview with Ankur Shukla
Vid Repurposer: $1,782.34 from review and interview with Ben Murray
Local Vid Pro: $1,548.75 from review and interview with Vick Carty
SociFeed: $876.78 from review and interview with Brett Ingram
TXT Video: $577 from review and interview with Jamie Ohler
0 to 100 in 24 Hours – $557.61 from review
Evergreen Traffic Academy: $507.59 from review and interview with Greg Kononenko
AudioFlow: $463.50 from review and interview with Josh Ratta
Thrive Leads: $180.75 from review and interview with Shane Melaugh
Smarketly: $176.75 from review and interview with Simon Sela
DFY Chief 2.0: $149.35 from review and interview with Joshua Zamora
FB Engagr: $149 from review and interview with Seun Ogundele
Fusion by Dropmock: $117.20 from review and interview with Jamie Ohler
Channel Authority Builder: $92.32 from review and interview with Cyril Gupta
Webinar X: $87.99 from review and interview with Neil Napier
Kickass Tuber: $73.50 from review and interview with Angel Corman
Viddyoze 3.0: $70.30 from review and interview with Joey Xoto
Designo Pro: $67 from review and interview with Todd Gross
Easy VSL 2.0: $65 from review and interview with Mark Thompson
Theme Maker: $62 from review and interview with Mikey Formby
Ascend Pages: $61 from review and interview with Andrew Darius
Video Robot: $56.20 from review and interview with Todd Gross
Complete PLR Mastery (CLOSED) : $54.67 from review and interview with Barry Rodgers
AdReel: $44.40 from review and interview with Ryan Phillips
Video Reel: $34.98 from review and interview with Abhi Dwivedi
Pixo Blaster: $33.52 from review and interview with Stoica
vRankerPro: $33.50 from review and interview with Andy Black
Insta-Storie 2.0: $30.40 from review and interview with Mario Brown
Convertri 2017: $29.10 from review and interview with Andy Fletcher
Video Sumo: $28.78 from review and interview with Mark Bishop
Link2Vid: $28.03 from review and interview with Mark Bishop
Dropship Selling Academy: $28 from review and interview with Devid Ferah
Instant Spokesperson: $24.50 from review
Video Traffic X (CLOSED): $23.50 from review and interview with Walt Bayliss
Press Play 2.0: $22 from review and interview with Mark Thompson
Stream Livve: $21.50 from review and interview with Jonathan Oshevire
Jvzoo Member: $20.35 from review and interview with Simon Harries
PBN Builder: $19.20 from review and interview with Joshua Zamora
Social Traffic Jacker (CLOSED): $18.50 from review and interview with Tony Hayes
Video Marketing Blaster: $18.50 from review and interview with Ali G.
Real Specific: $18.50 from review and interview with Shane Brooks
MSG Lock: $18.50 from review and interview with Brad Stephens
Live Event Blaster 2.0: $17.73 from review and interview with Stoica
eCom Pages: $16.45 from review and interview with Mo Aguel
Vidgeos: $13.50 from review and interview with Josh Ratta
Commissionology: $13.50 from review and interview with Michael Cheney
Arbitrage Underdog 5.0: $12.92 from review and interview with Tom E.
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
Arbitrage Sugardaddy: $6.69 from review and interview with Tom E.
Shopabot: $5.99 from review and interview with Cindy Donovan
Piggyback Payday: $4.74 from review and interview with Jay Slomba
Total revenue from interviews and reviews: $14,083.12 (+$4,278.86 from October)
Coaching: $21,500 – My earnings from our coaching program teaching software creation and launching
Local Video Academy: $3,763 – Commissions that I shared with Brett from a webinar we did with Ryan Phillips
IM Insider: $3,636.14 – My earnings from our monthly coaching program
Social Robot JV commission: $536.01 – This my cut from a launch I did with Joshua Zamora in early 2015
Google Adsense: $97.87 – Earnings from Youtube and Adsense
Value Deliver: $97.50 – My earnings from a launch I did with Brett Rutecky
Review Wizard: $76.78 – My earnings from a launch Brett and I did in February, 2017
Resell Rights Weekly: $55.88 – This is a website that has a ton of products that you can use as your own
Mail It: $44.67 – My earnings from a launch I did in August, 2016 with Brett Rutecky
Autonars: $43 – My earnings from a launch I did with Brett Rutecky in June, 2017
Social Traffic System: $43 – My earnings from a launch I did with Brett Rutecky in September, 2017
Profit Canvas Unlimited: $21.50 – My commission from a private webinar Brett Rutecky and I did
Insta Funnel agency: $12.29 – My earnings from a webinar I did with Brett
Hijax: $9.75 – My earnings from a launch I did with Brett Rutecky in February, 2018
Keyword Suggestions JV commission: $4.42 – This is my cut from a launch I did with Radu in September, 2015
Total from OTHER streams of income: $29,941.81 (+$10,969.24 from October)
Total Revenue: $44,024.93 (+$15,248.10 from October)