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 March, 2020
3,957 page views (-1,915 from February)
9,617 Youtube channel views (-1,011 from February)
667 Youtube hours watched (-186 from February)
Email subscribers: 8,304 (-53 subscribers from February)
Expenses
Recurring Commissions: $2,017 – Brett’s share of recurring commissions
Sales copy: $1,000 – We paid this to our copywriter fo the 300 Dollar Day sales page
Sales Graphics: $925- This is what it cost for the 300 Dollar Day sales page graphics
Commissions: $591 – I paid this to Brett for commissions I was paid by mistake
Facebook ads: $546.93 – We bought ads for our 300 Dollar Day launch
Lead Pages: $197 – I use Lead Pages every day in my business and I pay yearly.
Convert Kit: $149 – This is the current autoresponder that I’m using
Webinar ads: $75 – I paid this to Brett to cover my share of advertising for a webinar
Aweber: $50 – 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
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
Fiverr: $13 – I had someone look at some speed issues on my website
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: $5.24 – I use this to host images, bonuses, and videos
Total expenses: $5,779.87 (+$2,281.24 spent compared to February)
Revenue
EZ Salaryz: $1,021.12 from review and interview with Mosh Bari
Interactr Evolution: $495 from review and interview with Ryan Phillips
Kaptiwa 2.0: $476.92 from review and interview with Dr. Amit Pareek
Retarget: $426.90 from review and interview with Sam Baker
Ads2List: $293.99 from review and interview with Cyril Gupta
WP Story Machine: $238.34 from review and private demo
Press Play 2.0: $160.50 from review and interview with Mark Thompson
DFY Lead Pages: $112.42 from review and interview with Ankur Shukla
vRankerPro: $91.38 from review and interview with Andy Black
Take It: $84.67 from review and interview with Brendan Mace
Sendiio 2.0: $84.50 from review and private demo with Joshua Zamora
Lead App: $70.50 from review and interview with Chad Nicely
Vid Popups: $69.05 from review and interview with Anirudh Baavra
Tv Boss Fire: $61.48 from review and interview with Craig Crawford
Fusion by Dropmock: $60.80 from review and interview with Jamie Ohler
Viddyoze 3.0: $57.35 from review and interview with Joey Xoto
eCover Authority: $47 from review and interview with Chad Eljisir
Fade To Black: $47 from review and interview with Joey Xoto
Enigma: $44.48 from review and interview with Jono Armstrong and Ryan McCinnis
Software Commission Magic: $41.40 from review and interview with Mario Brown
Storymate: $37.60 from review and interview with Luke Maguire
Ascend Pages (CLOSED): $33 from review and interview with Andrew Darius
Easy VSL 2.0: $30 from review and interview with Mark Thompson
Shopabot: $29.27 from review and interview with Cindy Donovan
Convertri 2017: $29.10 from review and interview with Andy Fletcher
Rapid Profix Pro: $26.39 from review and interview with Mosh Bari
Pageify 360: $25.85 from review and interview with Adrian Isfan
Blogashop: $23.50 from review and interview with Karl Schuckert
Kickass Tuber: $23.50 from review and interview with Angel Corman
AdReel: $22.20 from review and interview with Ryan Phillips
Script Doll: $20 from a customer asking for a link
Sharp Social: $19.98 from review and interview with Abhi Dwivedi
Bot Engage: $19.50 from review and interview with Simon Warner
Fresh Member: $18.50 from review and interview with Mark Thompson
Clipman AI: $18.50 from review and interview with Brad Stephens
Vidgeos: $13.50 from review and interview with Josh Ratta
MobiFirst: $11.65 from review and interview with Scotty Carter
Jvzoo Academy: $11.10 from review and interview with Sam Bakker
HydraVid (CLOSED): $9.98 from review and interview with Walt Bayliss
Absolute Jacker : $9.51 from review and interview with Ariel Sanders
Social Kickstart: $8.50 from review and interview with Mark Thompson
Funnel Xpress: $7.48 from review and interview with Mark Bishop
Meetvio: $5.10 from review and interview with Neil Napier
Total revenue from interviews and reviews: $4,438.51 (-$1,030.63 from February)
Recurring income with Brett: $4,034 – This is my recurring commissions before paying Brett half
Payment error: $591 – I received a payment from Paul Ponna that was meant for Brett
Google Adsense: $113.07 – Earnings from Youtube
Resell Rights Weekly: $55.88 – This is a website that has a ton of products that you can use as your own
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: $4,802.29 (+$48.57 from February)
Total Revenue: $9,240.80 (-$982.06 from February)