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 April, 2020
2,177 page views (-1,780 from March)
9,035 Youtube channel views (-582 from March)
508 Youtube hours watched (-159 from March)
Email subscribers: 8,469 (+165 subscribers from March)
Expenses
Vidyz 2.0 prizes: $7,430 – Prize money paid for Vidyz 2.0 launch
Launch commissions: $3,900 – Brett’s share of 300 Dollar Day launch
Prizes: $3,875 – Prize money paid to affiliates for promoting 300 Dollar Day
Brett payment: $1,445 – Paid Brett to settle up for Vidyz 2.0, backend webinar, and April recurring
Commission: $427 – Brett’s share of backend webinar with Jono Armstrong
Facebook ads: $310.35 – Facebook ads for projects
Convert Kit: $89.55 – This is the current autoresponder that I’m using
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
Zapier: $33.83 – I use this to automate parts of my business
WP Engine: $24 – My new awesome, fast hosting company for this website
Godaddy: $20.17 – I renewed a domain name
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
Amazon S3: $5.25 – I use this to host images, bonuses, and videos
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
Total expenses: $17,820.85 (+$12,040.98 spent compared to March)
Revenue
Ada Comply 2.0: $2,249.50 from bonus page
DFY Suite Agency 2.0: $374.66 from review and interview with Joshua Zamora
Theme Maker: $307.80 from review and interview with Mikey Formby
DFY Lead Pages: $89.34 from review and interview with Ankur Shukla
Lead App: $70.50 from review and interview with Chad Nicely
Fusion by Dropmock: $60.80 from review and interview with Jamie Ohler
Take It: $46.28 from review and interview with Brendan Mace
Viddyoze 3.0: $44.40 from review and interview with Joey Xoto
Mapify 360: $39.38 from review and interview with Adrian Isfan
WP Story Machine: $34.74 from review and private demo
Commission Abduction: $33.86 from review and interview with Zeeshan Ahmed
Video Ads Traffic: $33.50 from review and interview with Adam Payne
Blogashop: $33.50 from review and interview with Karl Schuckert
Ads2List: $33.50 from review and interview with Cyril Gupta
Ascend Pages (CLOSED): $33 from review and interview with Andrew Darius
Easy VSL 2.0: $30 from review and interview with Mark Thompson
Convertri 2017: $29.10 from review and interview with Andy Fletcher
Rapid Profix Pro: $27.32 from review and interview with Mosh Bari
Adscrisp: $26.77 from review and interview with Saurabh Bhatnagar
Tv Boss Fire: $25.19 from review and interview with Craig Crawford
VidSnatcher: $24.96 from review and interview with Todd Gross
VideoSeeder Pro: $23.98 from review and interview with Cyril Gupta
Engager Mate: $23.50 from review
AdReel: $22.20 from review and interview with Ryan Phillips
Ad Sight Pro: $18.50 from review and interview with Sam Bakker
Clipman AI: $18.50 from review and interview with Brad Stephens
Funnel Xpress: $17.54 from review and interview with Mark Bishop
vRankerPro: $14.10 from review and interview with Andy Black
Email Click Magnet: $13.50 from review
Vidgeos: $13.50 from review and interview with Josh Ratta
Press Play 2.0: $13.50 from review and interview with Mark Thompson
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
News Maker Pro: $9.98 from review and interview with Igor Burban
Social Kickstart: $8.50 from review and interview with Mark Thompson
Kaptiwa 2.0: $8.10 from review and interview with Dr. Amit Pareek
Shopabot: $5.99 from review and interview with Cindy Donovan
Meetvio: $5.10 from review and interview with Neil Napier
Total revenue from interviews and reviews: $3,897.32 (-$541.19 from March)
Launch revenue: $27,357 – Revenue from Vidyz 2.0 and 300 Dollar Day launch (minus affiliate payments)
Recurring income with Brett: $3,994 – This is my recurring commissions before paying Brett half
Backend webinar: $854.57 – Earnings from backend webinar with Jono Armstrong before paying Brett half
Google Adsense: $122.21 – 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: $18.84 – This my cut from a launch I did with Joshua Zamora in early 2015
Total from OTHER streams of income: $32,402.50 (+$27,600.23 from March)
Total Revenue: $36,299.82 (+$27,059.02 from March)