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.

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Here’s my results for February, 2016

28,721 page views (-3,028 from January)

34,688 Youtube channel views (-7,943 from January)

192,588 Youtube minutes watched (-52,656 from January)

Email subscribers: 23,123 (-249 subscribers from January)

Expenses

Review Wizard prizes: $4,000 – Prizes we sent out to affiliates as a reward for promoting our launch

Virtual assistant: $800 – I have an assistant help with all my promotions, including copywriting, scheduling, and posting.

Re-Engager sales page: $602 – This is what we paid for the graphics on our sales page for Re-Engager

Tax return: $500 – My yearly tax return fees…I highly recommend Josh Baerle at CPA on Fire if you need someone who understand online business taxes

GoToWebinar: $199 – I use this for live webinars and training

Greenback Tax Services: $150 – I scheduled a meeting with an accountant to discuss my foreign tax situation

Aweber: $130 – This is my list building software that allows me to email everyone when there’s a new interview or review

Zapier: $50 – An amazing tool for automating your business

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

Paypal fees: $40.42

Gusto: $36 – This is the company I use for my SCORP payroll

Monthly phone fees: $30

Food Blogger Pro: $29 – A course I purchased on setting up a food blog, something that I’m interested in

Extra Review Wizard sales page graphics: $25 – Some extra fees to get our sales page fixed

Resell Rights Weekly: $19.95 – Reoccurring membership fee for the bonuses I add from my interviews and reviews

Click Magick: $17 – This is one of my FAVORITE tools for tracking links.

Amazon S3: $16.40 – I use this to host images and videos

Jvzoo seller fees: $15.75

Audible: $14.95 – 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

Total expenses: $6,800.45 (+$3,464.82 spent compared to January)

Revenue

Growii: $2,571.26 from review and interview with Stefan Ciancio

Easy VSL 2.0: $2,259.50 from review and interview with Mark Thompson

Flick Dramatizer: $1,786.84 from review and interview with Andrew Darius

Vindnimation: $1,570.30 from review and interview with Ray Lane

WP Twin: $1,072.96 from review and interview with Ben Murray

Reach Multiply: $1,071.98 from review and interview with Cyril Gupta

Social Studio FX: $1,059 from review and interview with Jimmy Kim

Video Express: $1,023.86 from review and interview with Luan Henrique

Leadz: $788.44 from review and interview with Simon Harries

PayDrill: $744.09 from review and interview with Ankur Shukla

AffKit: $591.76 from review and interview with Oliver Kenyon

Drop Mock Scene Creator: $434.04 from review and interview with Lee Pennington

Covert Gawkr: $384.71 from review and interview with Sorin Jordansen

OmniXPress: $352.86 from review and interview with Radu

Viddyoze 2.0: $336.25 from review and interview with Viddyoze team

Traffic Xtractor: $302.50 from review and interview with Art Flair

InstaEasy: $244 from review and interview with Luke Maguire

Script Engage 2.0: $232 from review and interview with Sam Bakker

Social Sales System: $195.31 from review and interview with Craig Crawford

Madsense Reborn: $172.50 from review and interview with Abdhullah Ashraf

Thrive Leads: $169.75 from review and interview with Shane Melaugh

Viral Loop: $164.48 from review and interview with Cindy Donovan

Vidgeos: $154 from review and interview with Josh Ratta

Adsvisor 2.0: $101.96 from review and interview with Abhi Dwivedi

Member Factory (CLOSED): $97 from review and interview with Sam Bakker

EZ Spokesperson Creator: $94.82 from review and interview with Matt Bush

Repwarn reseller (CLOSED): $67 from review and interview with Walt Bayliss

Arbitrage Sugardaddy: $61.33 from review and interview with Tom E.

Convertri: $52 from review and interview with Andy Fletcher

Castaway Commissions: $51.21 from review and interview with Ben Martin

Video Traffic X (CLOSED): $47 from review and interview with Walt Bayliss

Ad Connect: $37 from review and interview with Neil Napier

3K Challenge: $36.84 from interview with Emka

Instastore: $34 from review and interview with Neil Napier

Video Agent X: $30.90 from review and interview with Peter Beattie

IM Newbie: $26.90 from review and interview with Kevin Fahey

200 Dollars Blueprint 2.0: $25.52 from review and interview with Henry Gold

Local Lead Drop: $24.25 from review and interview with Neil Macpherson

Sellosity: $23.50 from review and interview with Sean Donahoe

Ever Lesson: $23.50 from review and interview with Chad Nicely

Ad Respark (CLOSED): $20 from review and interview with Devin Zander

Mail X: $19.96 from review and interview with Han Fan

Fresh Title: $18.50 from review and demo video from Dave Guindon

Revamply: $18.50 from review and interview with Sam Bakker

X Ranker 360: $18.50 from review and interview with Joshua Zamora

Operation Solo: $17.97 from interview with Anthony Tilley

Commission Cartel: $17 from review and interview with Michael Cheney

eCom Pages: $16.45 from review and interview with Mo Aguel

WP Traffic UP: $16.13 from interview and review with Mark Hess

Tube Sync: $15.48 from review and interview with Abhi Dwivedi

Video Traffic Genie: $14.70 from review and interview with Paul Venables

Smart Video Metrics: $14.10 from review and interview with Joshua Zamora

Youtube Ad Vantage:$13.50 from review and interview with Robert Phillips

OneSoci 2.0: $11.10 from review and interview with Lee Pennington

Credi Response: $9.96 from review and interview with Cryil “Jeet” Gupta

Absolute Jacker (CLOSED): $9.40 from review and interview with Ariel Sanders

Explaindio: $8.50 from review and interview with Nick LaPolla

Visibily: $8.50 from review and interview with Neil Napier

Viral Video Stores: $8.50 from review and interview with Neil Napier

InstaHook Video Backgrounds: $6.80 from review and interview with Brad Scott

Webinar X: $5.99 from review and interview with Neil Napier

How To Get Free Traffic From Affiliates and JVs: $5.93 from review and interview with Reed Floren

2016 Traffic and Conversion Summit Notes: $4.96 from review and interview with Tim Castleman

Total revenue from interviews and reviews: $18,817.55  (-$7,641.61 from January)

Review Wizard: $22,144.56 – My earnings from a launch Brett and I did

Review Wizard expenses: $2,687.83 – Launch expenses from Brett

Affiliate Trax: $919.02 – Commissions from a private webinar

Profit Canvas Unlimited: $395.06  – My commission from a private webinar Brett Rutecky and I did

Affiliate Income Secrets: $376 – My product teaching how I make money from affiliate marketing

Mail It: $316.09 – My earnings from a launch I did in August, 2016 with Brett Rutecky

Group Traffic Profits: $86.30 – My earnings from a launch I did in December, 2016 with Brett Rutecky

Google Adsense: $82.53 – Earnings from Youtube Adsense

Resell Rights Weekly: $69.85 – This is a website that has a ton of products that you can use as your own

Social Robot JV commission: $68.46 – This my cut from a launch I did with Joshua Zamora in early 2015

Keyword Suggestions JV commission: $53.51 – This is my cut from a launch I did with Radu in September, 2015

Affiliate Trax: $44.57 – This is my cut from a launch I did with Brett in May, 2016

SociSpot JV commission: $31.28 – This is my cut from a launch I did with Lee Pennington in November, 2015

Total from OTHER streams of income:  $27,275.06 (+$25,726.03 from January)

Total Revenue:$46,092.61 (+$18,084.42  from January)