Income Report for August, 2019 – Catch Up report

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 August, 2019

7,829 page views (+1,306 from July)

8,350 Youtube channel views (-1,380 from July)

34,745 Youtube minutes watched (-10,080 from July)

Email subscribers: 11,506 (-243 subscribers from July)

Expenses

Recurring Income: $3,828 – Brett’s share of recurring commissions

Coaching commissions: $2,719 – Brett’s share of coaching commissions

Coaching fulfillment costs: $562 – These are costs for maintaining coaching program

Convert Kit: $149 – I’ve been using this as my autoresponder

Aweber: $130 – This is my backup autoresponder

Zapier: $125 – An amazing tool for automating your business

Screencast: $99.95 – A screen capturing service I use paid annually

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

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

Godaddy: $18.17 – Renewed a domain name

Click Magick: $17 – I use this to track clicks

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: $3.64 – I use this to host images, bonuses, and videos

TinyPNG: $3.38

 

Total expenses: $7,890.84 (-$4,924.87 spent compared to July)

 

Revenue

Lead App: $1,808.50 from review and interview with Chad Nicely

AdvertSuite: $1,464.50 from review and interview with Luke Maguire

Botstar: $1,384.50 from review and interview with Mo Miah

CB Automator: $985.11 from review and interview with Ankur Shukla

Vid Chomper: $632.40 from review and interview with Brendan Mace

InstaZign: $551.34 from review and interview with Brett Ingram

DFY Suite: $512.22 from review and interview with Joshua Zamora

Stock Nation 2.0: $445.50 from review and interview with Gaurav Madaan

Digi Funnel Lab: $290.92 from review and interview with Glynn Kosky

iPassive: $189.38 from review and interview with Mark Furniss

Kartel: $160.61 from review and interview with Jono Armstrong

Eclipse: $108.18 from review and interview with Jono Armstrong

Tv Boss Fire: $100.76 from review and interview with Craig Crawford

Boost Optin: $98.08 from review and interview with Eric Hammer

Tube Rank Machine 2.0: $93.22 from review and interview with Ankur Shukla

Kickass Tuber: $92 from review and interview with Angel Corman

Viddyoze 3.0: $70.30 from review and interview with Joey Xoto

Fusion by Dropmock: $66.20 from review and interview with Jamie Ohler

Ascend Pages (CLOSED): $46.50 from review and interview with Andrew Darius

WP Affiliate Machine: $42.18 from review and interview with Ankur Shukla

Site Contact: $41.98 from review and interview with Cyril Gupta

Easy VSL 2.0: $40 from review and interview with Mark Thompson

1-Click Affiliate Site: $38.88 from review and interview with Ankur Shukla

Traffic Magic: $34.69 from review and interview with Art Flair

MobiFirst: $34.48 from review and interview with Scotty Carter

Convertri 2017: $29.10 from review and interview with Andy Fletcher

Video Marketing Blaster: $23.50 from review and interview with Ali G.

AdReel: $22.20 from review and interview with Ryan Phillips

Theme Maker: $20.10 from review and interview with Mikey Formby

Thrive Leads: $18.50 from review and interview with Shane Melaugh

Real Specific: $18.50 from review and interview with Shane Brooks

Content Gorilla: $18.50 from review

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

Vidgeos: $13.50 from review and interview with Josh Ratta

Press Play 2.0: $13.50 from review and interview with Mark Thompson

Commission Funnels: $12.49 from review and interview with Glynn Kosky

News Profix Pro: $11.92 from review and interview with Mosh Bari

Jvzoo Academy: $11.10 from review and interview with Sam Bakker

HydraVid (CLOSED): $9.98 from review and interview with Walt Bayliss

Shopabot: $5.99 from review and interview with Cindy Donovan

Thumbnail Blaster: $4.10 from review and interview with Stoica

 

Total revenue from interviews and reviews: $9,581.86 (+$2,663.21 from July)

Recurring income with Brett: $7,656 – This is my cut from our recurring commissions

Google Adsense: $51.33 – Earnings from Youtube and Adsense

Resell Rights Weekly: $27.94 – This is a website that has a ton of products that you can use as your own

Social Robot JV commission: $9.71 – This my cut from a launch I did with Joshua Zamora in early 2015

 

Total from OTHER streams of income: $7,744.98 (-$20,521.36 from July) 

 

Total Revenue:  $17,326.84 (-$17,858.15 from July)

Total Profit: $9,436 (-$12,933.28 from July)

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