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 October, 2019
8,669 page views (+1,773 from September)
15,554 Youtube channel views (+4,769 from September)
1,370 Youtube hours watched (+570 from September)
Email subscribers: 11,841 (+906 subscribers from September)
Expenses
Recurring Commissions: $4,684 – Brett’s share of recurring commissions…plus $1,149 for webinar commissions
Virtual assistant: $800 – I have an assistant help with all my promotions, including copywriting, scheduling, and posting.
SendLane: $319 – This is the current autoresponder that I’m using
Coaching: $245 – Brett’s share of coaching payment
Aweber: $130 – This is my backup autoresponder
ZenDesk: $50 – Brett and I use this for our help desk for our launches
Internet: $50 – This is what I pay for my fiber Internet in Turkey
Gusto: $45 – This is the company I use for my SCORP payroll
TinyPNG: $27.88 – This is a service I use to reduce my image sizes
ManyChat: $25 – A service that I use to build a Facebook messenger list
Resell Rights Weekly: $19.95 – Reoccurring membership fee for the bonuses I add from my interviews and reviews
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
Vault Press: $5 – A quick and easy tool that I use to backup my website
Schedule Once: $5 – This is what I use to schedule my coaching calls
Amazon S3: $4.04 – I use this to host images, bonuses, and videos
Total expenses: $6,445.62 (-$13,589.29 spent compared to September)
Revenue
AdSightPro: $1,211.11 from review and interview with Sam Bakker
AppsKitPro: $1,035.70 from review and interview with Sameer Joshi
Arvo: $766.72 from review and interview with Mark Bishop
Software Commission Magic: $728.90 from review and interview with Mario Brown
News Maker Pro: $635.88 from review and interview with Igor Burban
Rapid Profix Pro: $591.70 from review and interview with Mosh Bari
Influencers Hub: $565.22 from review and interview with Jai Sharma
Speaq: $519.88 from review and interview with Brad Stephens
MobiFirst: $425.84 from review and interview with Scotty Carter
The Iron Triangle: $419.10 from review and interview with Brian Blanc
DFY Suite: $393.73 from review and interview with Joshua Zamora
Listify: $374.26 from review and interview with Michael Thomas
Equinox: $305.75 from review and interview with Jono Armstrong
Remote Client System: $303.27 from review and interview with Tom Buford
Mapify 360: $300.32 from review and interview with Adrian Isfan
Lead App: $282 from review and interview with Chad Nicely
Kartel: $219.13 from review and interview with Jono Armstrong
Viral Tek: $214.71 from review and interview with Marc Gray
Instant Commission Site: $184.72 from review and interview with Ankur Shukla
DFY Lead Pages: $154.66 from review and interview with Ankur Shukla
vRankerPro: $125.18 from review and interview with Andy Black
Breakout Buyer Traffic: $116.96 from review and interview with Fergal Downes
Tv Boss Fire: $96.08 from review and interview with Craig Crawford
Video Robot: $78.98 from review and interview with Todd Gross
Atomic DFY: $76.55 from review and interview with Brendan Mace
News Profix Pro: $72.62 from review and interview with Mosh Bari
Viddyoze 3.0: $70.30 from review and interview with Joey Xoto
Fusion by Dropmock: $66.20 from review and interview with Jamie Ohler
Video Sumo: $59.31 from review and interview with Mark Bishop
Rank Snap 2.0: $50 from review and interview with Tom Yevsikov
Enigma: $45.93 from review and interview with Jono Armstrong and Ryan McCinnis
Site Contact: $41.98 from review and interview with Cyril Gupta
Easy VSL 2.0: $40 from review and interview with Mark Thompson
Video Ads Traffic: $33.50 from review and interview with Adam Payne
VS Evolution: $33.18 from review and interview with Mark Bishop
Vid Chomper: $32.12 from review and interview with Brendan Mace
Ascend Pages (CLOSED): $33 from review and interview with Andrew Darius
Convertri 2017: $29.10 from review and interview with Andy Fletcher
Animation Studio: $23.50 from review and interview with Todd Gross
Stock Nation 2.0: $23.50 from review and interview with Gaurav Madaan
Max Profix Pro: $22.87 from review and interview with Mosh Bari
AdReel: $22.20 from review and interview with Ryan Phillips
Traffic Magic: $18.86 from review and interview with Art Flair
Real Specific: $18.50 from review and interview with Shane Brooks
eCom Pages: $16.45 from review and interview with Mo Aguel
Rebrand.io: $15 from review and interview with Nick James
Storymate: $14.10 from review and interview with Luke Maguire
HydraVid (CLOSED): $13.97 from review and interview with Walt Bayliss
Press Play 2.0: $13.50 from review and interview with Mark Thompson
Vidgeos: $13.50 from review and interview with Josh Ratta
Jvzoo Academy: $11.10 from review and interview with Sam Bakker
Shopabot: $5.99 from review and interview with Cindy Donovan
Total revenue from interviews and reviews: $10,966.63 (+$2,897.55 from September)
Recurring income with Brett: $7,070 – This is my recurring commissions before paying Brett half
3-Step Webinar sales: $2,360 – This is the total before paying Brett half
Coaching: $500 – Payment for coaching program
Webinar: $471 – My commissions from a webinar we did with Greg Kononenko and Stefan Ciancio
Google Adsense: $180.59 – Earnings from Youtube
Jvzoo product profits: $131
Resell Rights Weekly: $27.94 – This is a website that has a ton of products that you can use as your own
Social Robot JV commission: $23.01 – This my cut from a launch I did with Joshua Zamora in early 2015
Total from OTHER streams of income: $10,763.54 (-$14,740.17 from September)
Total Revenue: $21,730.17 (-$11,842.62 from September)