Income Report for April, 2014 – It’s almost time to go all in
33,595 page views (-5,215 from March)
19,515 Youtube channel views (+1,569 from March)
150,915 minutes watched (+25,747 from March)
Aweber subscribers: 7,078 (+461 subscribers from March)
GetResponse subscribers: 3,295 (-127 subscribers from March)
Total email list subscribers: 10,373
Facebook ads: $505.25
Storm on Demand Liquid Web Hosting: $123.01
Aweber: $69 – This is my list building software that allows me to email everyone when there’s a new interview
GetResponse: $45 – This is the autoresponder I use for my buyer’s list and solo ads
Retarget Engine: $37 – A plugin that let’s me retarget any affiliate link on Facebook
Resell Rights Weekly: $20.95 – Reoccurring membership fee for the bonuses I add from my interviews and reviews
JVZoo Fees: $12.95
Feedback Plugin: $12 – A plugin for taking surveys
PLR Assassin – $11.16 – Reoccurring membership fee for the bonuses I add from my interviews and reviews
Skype: $10 for premium
JVFocus Membership: $10
Amazon reviews: $3
Perfect Audience: $2.31
Total expenses: $926.45 (+$412.92 compared to March)
The Paid Expert: $23.50 from my review
Easy Funnel Maker (CLOSED): $23.43 from interview with Barry Rodgers
Solo Ad Business Blueprint (CLOSED): $21.14 from interview with Kate Rosenberg
Simple Novice Profits (CLOSED): $19.16 from interview with Vinny Boccalino
Viral Optins (CLOSED): $18.63 from interview with Wilco de Kreij
Project X Tube (CLOSED): $17.92 from interview with Cliff Carrigan
The Money Tree (CLOSED): $17.33 from interview with Russ Ruffino
Savage Siphon (CLOSED): $8.50 from interview with Brian Anderson
Launch Jacking Boss (CLOSED): $8.27 from interview with Michelle Stevens
Coupon Book Method (CLOSED): $5.22 from interview with Denis Kampl
Total revenue from interviews: $11,141.95 (-$256.81 from March)
Fiverr Secrets: $221– My product showing how I make about $500/month in extra income on Fiverr
Quick and Easy Cash Blueprint (CLOSED): $38 – My product showing the results I had using Vinny’s Simple Novice Profits.
Kindle earnings: $42.94
Whoosh Traffic (CLOSED): $17.90 – A keyword tracker for monitoring multiple keyword rankings
Long Tail Pro: $7.66 from interview with Spencer Haws
PLR Assassin: $26.20 – This is a website that has a ton of products that you can use as your own
Total from OTHER streams of income: $353.70 (-$168.32 from March)
Total Revenue: $11,495.65 (-$425.16 from March)
Total Profit: $10,569.20 (+$838.05 from March)
Expenses a bit out of control:
After my excellent month in March, I got a bit freaked out. Yeah, it’s weird, but whenever things start going right for my business I always prepare myself for the worst. Why? It’s because I’ve had a couple bad experiences in my past.
1. In 2007 I woke up one morning to receive an email that informed me that I would be losing an advertising account that was meant to pay me $20,000 in profits that month. Instead of making $20,000 I lost the $10,000 I had invested in it instead, along with the monthly income that would come with it.
2. On September 28th, 2012 I lost almost 95% of the income coming from over 750 Adsense niche sites. I lost between $40,000-$60,000 in potential income overnight.
Now I should be completely clear. In the first case I was buying cheap clicks from Yahoo ads and sending it to parked website advertising pages that paid higher for the clicks (this is called arbitrage). For every $.01 that I paid in traffic I’d make $.02 back…thus $.01 in profit. I know it doesn’t sound like much, but when you scale the crap out of it then you’re dealing with a good amount of income. But, it was a bit “black hat” and, as you can see, didn’t last forever.
In the second example with my 750 Adsense niche sites, I can honestly say that they didn’t provide the best value. I was simply outsourcing cheap articles and slapping the sites together as quickly as possible. The goal was to have a “factory” of workers creating the sites so that I could just sit back and watch them work their magic. Yes, it worked well for a while, but eventually I was building a business based on the whims of a heartless giant (Google) and in the end I lost. The funny thing is that I think I always knew it would happen…and because of that I prepared for the worst.
A Burning Desire to Build on my Success
Now that I’ve been having consistent success with my show, my plan now it to keep the momentum going by doing TWO things:
1. I’m putting together an affordable product to teach the fundamentals of what I’ve learned while bringing my business from zero to $10,000/month. I know that I have a ton of value to share with those getting started that could help them get through the BS that surrounds the niche of Internet marketing. I’m hoping that my transparency, consistency, and solid business practices can provide some clarity in a world of crazy income claims.
In my product I’ll cover the main aspects of my business with optional training in how to do reviews and interviews. I’ll also have a high-end product that will train anyone to go from zero to a successful product launcher/affiliate marketer. My goal is to make that my PILLAR product that will help others have the same success that I have had without making the mistakes I’ve made along the way.
2. I’m jumping back into solo ads. I’ll be using them as a way to test out my product AND as a way to build my email list. My plan is to spend $5,000-$10,000 on solo ads and add between 10,000-15,000 new subscribers to my email subscribers list. This will be an exciting journey that I’ll be sharing with you all.
That’s it for this month. I’m determined not to rest on my laurels and bring my business to the next level by helping more and more people achieve the success that I’ve been able to a attain. I hope you’re as excited as I am 🙂
Here are some pictures from April: