Income Report for December, 2018 - Another Catch up report
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Income Report for December, 2018 – Another 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 December, 2018

8,578 page views (+406 from November)

18,531 Youtube channel views (+2,762 from November)

95,517 Youtube minutes watched (+15,429 from November)

Email subscribers:  10,151 (-7,684 subscribers from November)

Expenses

Launch prizes: $3,880 – Paid to affiliates for Members Kit launch contest

Commissions: $1,882 – Paid to Brett for his half of a webinar we did with Ryan Phillips

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

Convert Kit: $179 – I’ve been using this as my autoresponder

Aweber: $130 – This is my backup autoresponder

Zapier: $75 – An amazing tool for automating your business

ManyChat: $50 – A service that I use to build a Facebook messenger list

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

Gusto: $45 – This is the company I use for my SCORP payroll

Facebook ads: $44.87 – I’ve been experimenting with FB ads on my JV promos, doing giveaways of IM products, and testing other niches

Docusign: $40 – This is what we use for contracts for coaching students

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

Wufoo: $19 – This is the form we use for coaching applications

Schedule Once: $19 – This is what I use to schedule my coaching calls

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: $5.17 – I use this to host images, bonuses, and videos

Vault Press: $5 – A quick and easy tool that I use to backup my website

 

Total expenses: $7,329.74 (+$4,579.25 spent compared to November)

 

Revenue

Sociible: $2,017.42 from review and interview with Joshua Zamora

Page Builder Pro: $1,087.50 from review and interview with Mario Brown

Automation Bundle: $1,059.56 from review and interview with Todd Gross

Azon Video Maker: $681.69 from review and interview with Ankur Shukla

Live Caster 3.0: $654.97 from review and interview with Cyril Gupta

Evergreen Traffic Academy: $635 from review and interview with Greg Kononenko

Xmails: $597.84 from review and interview with Jai Sharma

The Big 5: $359.91 from review and interview with Marc Gray

Spy Track: $359 from review and interview with Richard Fairborn

SociFeed: $284.46 from review and interview with Brett Ingram

AudioFlow: $273.50 from review and interview with Josh Ratta

Real Specific: $123.50 from review and interview with Shane Brooks

Fusion by Dropmock: $117.20 from review and interview with Jamie Ohler

Zapable (CLOSED): $103.95 from review and interview with Chris Fox

Affiliate Traffic Lab: $92.98 from review and interview with Glynn Kosky

Designo Pro: $78.30 from review and interview with Todd Gross

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

Easy VSL 2.0: $65 from review and interview with Mark Thompson

Ascend Pages: $61 from review and interview with Andrew Darius

Local Vid Pro: $52 from review and interview with Vick Carty

TXT Video: $50.70 from review and interview with Jamie Ohler

AdReel: $44.40 from review and interview with Ryan Phillips

0 to 100 in 24 Hours – $40.65 from review

Bloggii: $35.71 from review and interview with Stefan Ciancio

Pixo Blaster: $33.52 from review and interview with Stoica

Covert Social Press 2.0: $32.27 from review and interview with Soren Jordansen

Insta-Storie 2.0: $30.40 from review and interview with Mario Brown

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

Link2Vid: $28.19 from review and interview with Mark Bishop

Kickass Tuber: $27 from review and interview with Angel Corman

Instant Spokesperson: $24.50 from review

Video Traffic X (CLOSED): $23.50 from review and interview with Walt Bayliss

Bing Bang Profits: $23.50 from review and interview with Demetris Papadopolous

Press Play 2.0: $22 from review and interview with Mark Thompson

Jvzoo Member: $20.35 from review and interview with Simon Harries

Discover: $19.40 from review and interview with Walt Bayliss

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

WP Site Guardian 2.0: $13.52 from review and interview with Chris Hitman

Vidgeos: $13.50 from review and interview with Josh Ratta

Commissionology: $13.50 from review and interview with Michael Cheney

The Lost Code: $11.46 from review and interview with Brendan Mace

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

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

EZ Magic Video: $9.98 from review and interview with Matt Bush

Vid Skippy 2.0: $8.99 from review and interview with Mark Bishop

Webby Vid: $7.47 from review and interview with Radu Hahaianu

Shopabot: $5.99 from review and interview with Cindy Donovan

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

Smarketly: $5.95 from review and interview with Simon Sela

 

Total revenue from interviews and reviews: $9,394.14 (-$4,688.98 from November)

Members Kit: $16,514.27 – My earnings from a launch I did with Brett Rutecky

IM Insider: $3,593.08 – My earnings from our monthly coaching program

Profit Canvas Unlimited: $202.64  – My commission from a private webinar Brett Rutecky and I did

Affiliate Income Secrets: $141 – My product teaching how I make money from affiliate marketing

Google Adsense: $80.78 – Earnings from Youtube and Adsense

Autonars: $43 – My earnings from a launch I did with Brett Rutecky in June, 2017

Resell Rights Weekly: $41.91 – This is a website that has a ton of products that you can use as your own

Social Traffic System: $31.60 – My earnings from a launch I did with Brett Rutecky in September, 2017

Mail It: $30.71 – My earnings from a launch I did in August, 2016 with Brett Rutecky

Value Deliver: $29.25 – My earnings from a launch I did with Brett Rutecky

Social Robot JV commission: $28.40 – This my cut from a launch I did with Joshua Zamora in early 2015

Hijax: $23.71 – My earnings from a launch I did with Brett Rutecky in February, 2018

Instant Video Pages: $13.96 – My earnings from a launch Brett and I did

Insta Funnel agency: $12.29 – My earnings from a webinar I did with Brett

Keyword Suggestions JV commission: $4.42 – This is my cut from a launch I did with Radu in September, 2015

 

Total from OTHER streams of income: $20,791.01 (-$9,150.80 from November) 

 

Total Revenue:  $30,185.15 (-$13,839.78 from November)

Total Profit: $22,855.41 (-$18,419.03 from November)

  • January 17, 2019
Click Here to Leave a Comment Below 2 comments
Leo - March 25, 2019

Hi Mike,

How did you lose more than 7000 subscribers at once?
Very interested to know and learn from you, thanks!

Reply
    Mike From Maine - March 25, 2019

    Hi Leo,

    I did a very long overdue list clean up where I removed people who hadn’t opened my emails in the last 6 months.

    Reply

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