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, 2019
4,564 page views (-1,029 from November)
10,629 Youtube channel views (-2,518 from November)
778 Youtube hours watched (-380 from November)
Email subscribers: 8,854 (-3,708 subscribers from November)
Expenses
Recurring Commissions: $2,523 – Brett’s share of recurring commissions
Virtual assistant: $800 – I have an assistant help with all my promotions, including copywriting, scheduling, and posting.
Convert Kit: $149 – This is the current autoresponder that I’m using
Aweber: $130 – This is my backup autoresponder
Zapier: $75 – An amazing tool for automating your business
Chargeback: $66 – Paid to Brett for a customer refunding
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
SSL Certificate: $39.99 – I renewed an SSL certificate for a website
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
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: $4.67 – I use this to host images, bonuses, and videos
Total expenses: $3,998.36 (-$21,048.23 spent compared to November)
Revenue
Madsense Revamped: $413.34 from review and interview with Abdullah Ashraf
DFY Video Agency: $399.40 from review and interview with Mario Brown
Video Profit Site: $313 from review and interview with Jesse Joseph
Seaside Profits: $289.01 from review and interview with Fergal Downes
DFY Lead Pages: $181.98 from review and interview with Ankur Shukla
Lead App: $164.50 from review and interview with Chad Nicely
Storymate: $99.60 from review and interview with Luke Maguire
Hammock Suite: $86.93 from review and interview with Cindy Donovan
Max Convert: $82.46 from review and interview with Amit Pareek
Tv Boss Fire: $72.58 from review and interview with Craig Crawford
Mapify 360: $70.39 from review and interview with Adrian Isfan
Viddyoze 3.0: $70.30 from review and interview with Joey Xoto
Fusion by Dropmock: $66.20 from review and interview with Jamie Ohler
DFY Suite: $64.03 from review and interview with Joshua Zamora
VideoSeeder Pro: $56.98 from review and interview with Cyril Gupta
Remote Client System: $46.75 from review and interview with Tom Buford
Designo Pro: $44.80 from review and interview with Todd Gross
Real Specific: $42 from review and interview with Shane Brooks
Video Robot: $35.22 from review and interview with Todd Gross
Easy VSL 2.0: $35 from review and interview with Mark Thompson
Ascend Pages (CLOSED): $33 from review and interview with Andrew Darius
MobiFirst: $31.57 from review and interview with Scotty Carter
Convertri 2017: $29.10 from review and interview with Andy Fletcher
Stock Nation 2.0: $23.50 from review and interview with Gaurav Madaan
Revoicely: $22.30 from review and interview with Ali El Majdaoui
AdReel: $22.20 from review and interview with Ryan Phillips
Discover: $19.40 from review and interview with Walt Bayliss
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
WP Site Guardian 2.0: $13.38 from review and interview with Chris Hitman
Kartel: $11.70 from review and interview with Jono Armstrong
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
Shopabot: $5.99 from review and interview with Cindy Donovan
Total revenue from interviews and reviews: $2,921.12 (-$3,291.73 from November)
Recurring income with Brett: $5,046 – This is my recurring commissions before paying Brett half
Backend webinar: $1,884.88 – My commissions from our backend webinar with Ron Douglas
Webinar: $260 – My commissions from a webinar
Google Adsense: $112.53 – 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: $21.31 – This my cut from a launch I did with Joshua Zamora in early 2015
Total from OTHER streams of income: $7,380.60 (-$33,948.27 from November)
Total Revenue: $10,301.72 (-$37,240 from November)