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, 2019
5,593 page views (-3,076 from October)
13,147 Youtube channel views (-2,407 from October)
1,158 Youtube hours watched (-212 from October)
Email subscribers: 12,562 (+721 subscribers from October)
Expenses
Brett’s launch profits: $10,147 – This is Brett’s profits from Webbymate launch sent via bank transfer
Webbymate Prizes: $5,478 – These are the prizes we paid affiliates for promoting our Webbymate software
New Computer and accessories: $5,038 – I got a new computer as my old one was heating up and too slow
Recurring Commissions: $2,974 – Brett’s share of recurring commissions
Facebook ads: $477.25 – This is the cost of ads for JV advertising and retargeting for our launch
Aweber: $323.80 – This is my backup autoresponder
SendLane: $319 – This is the current autoresponder that I’m using
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
Zapier: $49.15 – An amazing tool for automating your business
Gusto: $45 – This is the company I use for my SCORP payroll
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: $4.69 – I use this to host images, bonuses, and videos
Total expenses: $25,046.59 (+$18,600.97 spent compared to October)
Revenue
Invisible: $1,034.66 from review and interview with Brendon Mace
StorieBot: $882.66 from review and interview with Joshua Johnson
FB Engagr: $754 from review and interview with Seun Ogundele
Revoicely: $742.64 from review and interview with Ali El Majdaoui
VideoSeeder Pro: $342.41 from review and interview with Cyril Gupta
Lead App: $235 from review and interview with Chad Nicely
Speaq: $211 from review and interview with Brad Stephens
VidScratch Agency: $201.96 from review and interview with Ben Murray
MugJam: $189.50 from review and interview with Todd Gross
DFY Suite: $164.13 from review and interview with Joshua Zamora
Mailvio: $148.50 from review and interview with Neil Napier
DFY Lead Pages: $130.64 from review and interview with Ankur Shukla
Smarketly: $102.90 from review and interview with Simon
FB Engagr: $82 from review and interview with Seun Ogundele
Thrive Leads: $78.75 from review and interview with Shane Melaugh
Lazee Profits: $76 from review
Tv Boss Fire: $72.58 from review and interview with Craig Crawford
Viddyoze 3.0: $70.30 from review and interview with Joey Xoto
Fusion by Dropmock: $66.20 from review and interview with Jamie Ohler
eCover Authority: $47 from review and interview with Chad Eljisir
Arvo: $45.06 from review and interview with Mark Bishop
Easy VSL 2.0: $40 from review and interview with Mark Thompson
Storymate: $37.60 from review and interview with Luke Maguire
Instant Commission Site: $36.80 from review and interview with Ankur Shukla
News Maker Pro: $36.46 from review and interview with Igor Burban
Designo Pro: $33.50 from review and interview with Todd Gross
Ascend Pages (CLOSED): $33 from review and interview with Andrew Darius
Influencers Hub: $29.50 from review and interview with Jai Sharma
Convertri 2017: $29.10 from review and interview with Andy Fletcher
AudioFlow: $28.50 from review and interview with Josh Ratta
InstaZign: $27.28 from review and interview with Brett Ingram
MobiFirst: $25.86 from review and interview with Scotty Carter
Video Marketing Blaster: $23.50 from review and interview with Ali G.
AdReel: $22.20 from review and interview with Ryan Phillips
Atomic DFY: $21.74 from review and interview with Brendan Mace
Real Specific: $18.50 from review and interview with Shane Brooks
eCom Pages: $16.45 from review and interview with Mo Aguel
Press Play 2.0: $13.50 from review and interview with Mark Thompson
Vidgeos: $13.50 from review and interview with Josh Ratta
Mapify 360: $13.50 from review and interview with Adrian Isfan
Jvzoo Academy: $11.10 from review and interview with Sam Bakker
HydraVid (CLOSED): $9.98 from review and interview with Walt Bayliss
Software Commission Magic: $7.40 from review and interview with Mario Brown
Shopabot: $5.99 from review and interview with Cindy Donovan
Total revenue from interviews and reviews: $6,212.85 (-$4,753.78 from October)
Webbymate launch profits: $30,942.23 – This is the profits from the launch before paying out Brett
Recurring income with Brett: $5,948 – This is my recurring commissions before paying Brett half
Backend webinar: $2,500 – My commissions from our backend webinar with Ron Douglas
Webinar: $1,374 – My commissions from a webinar
Social Robot JV commission: $395.68 – This my cut from a launch I did with Joshua Zamora in early 2015
Google Adsense: $111.68 – Earnings from Youtube
Resell Rights Weekly: $57.28 – This is a website that has a ton of products that you can use as your own
Total from OTHER streams of income: $41,328.87 (+$30,565.33 from October)
Total Revenue: $47,541.72 (+$25,811.55 from October)