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 February, 2018
10,691 page views (-1,568 from January)
25,176 Youtube channel views (-808 from January)
133,367 Youtube minutes watched (+1,297 from January)
Email subscribers: 19,398 (-158 subscribers from January)
Expenses
Hijax prizes: $3,875 – Prizes paid to affiliates for promoting our Hijax launch
Virtual assistant: $800 – I have an assistant help with all my promotions, including copywriting, scheduling, and posting.
Paypal fees: $567.20
Webinar commissions: $500.94 – Sent Brett Rutecky his half of commissions from a webinar we did with Chris Munch
Hijas FE and OTO graphics: $336.66
Aweber: $130 – This is my list building software that allows me to email everyone when there’s a new interview or review
Dropbox: $99 – I use this to host all my files
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
ManyChat: $40 – A service that I use to build a Facebook messenger list
Zapier: $37.13
Amazon S3: $21.75 – I use this to host images, bonuses, and videos
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
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
Jvzoo seller fees: $4.05
Total expenses: $6,655.43 (+$3,811.42 spent compared to January)
Revenue
Visuali: $2,473.91 from using our Hijax software
Adsense Machine: $1,637.51 from review and interview with Ankur Shukla
WP Ultra Pop: $1,515.68 from review and interview with Declan Mc
Adsvisor 3.0 (CLOSED): $1,144.68 from review and interview with Abhi Dwivedi
Let Spinio: $1,141.90 from review and interview with Vipul Garg
Ever Funnels: $1,139.50 from webinar with Chad Nicely
Affiliate Traffic Lab: $1,034.02 from review and interview with Glynn Kosky
Interactr: $958.50 from review and interview with Ryan Phillips
WP Optimiser: $941 from review and interview with Chris Hitman
Affiliate Funnel Clones: $873.50 from review and interview with Alan Magliocca
Mobilee: $813.31 from review and interview with Jono Armstrong
Auto Soci: $443.40 from review and interview with Brett Ingram
Easy VSL 2.0: $309 from review and interview with Mark Thompson
Storie: $249.70 from review and interview with Mario Brown
Vidgeos: $154 from review and interview with Josh Ratta
Alterzon: $138.96 from review and interview with Ben Murray
PlayTraffic: $138.90 from review and interview with Cyril Gupta
Ascend Pages: $127.48 from review and interview with Andrew Darius
P1 Profits: $84.88 from review and interview with Joshua Zamora
Flick Graph: $83.06 from review and interview with Andrew Darius
Recastly: $82 from review and interview with Sam Bakker
Video Marketing Blaster: $81.54 from review and interview with Ali G.
Viddyoze 2.0: $70.30 from review and interview with Viddyoze team
AdReel: $66.60 from review and interview with Ryan Phillips
Arbitrage Underdog 5.0: $62.79 from review and interview with Tom E.
Social Traffic Jacker (CLOSED): $55.50 from review and interview with Tony Hayes
XLeads360: $55.44 from review and interview with Adrian Isfan
Member Factory (CLOSED): $48.50 from review and interview with Sam Bakker
Instant Spokesperson: $48 from review
Cloud Create: $45.94 from review and interview with Radu Hahaianu
Designo Pro 2.0: $45.48 from review and interview with Todd Gross
InstaEasy: $45 from review and interview with Luke Maguire
Smarketly: $41.30 from review and interview with Simon Sela
Bloom: $40.59 from review and interview with Mark Bishop
Commissionology: $40.50 from review and interview with Michael Cheney
Repwarn reseller : $33.50 from review and interview with Walt Bayliss
Drop Mock Video: $29.60 from review and interview with Lee Pennington
Convertri 2017: $29.10 from review and interview with Andy Fletcher
vRankerPro: $28.20 from review and interview with Andy Black
InstaSuite (CLOSED): $23.50 from webinar with Neil Napier
OctoSuite: $23.50 from review and interview with Luke Maguire
Video Traffic X (CLOSED): $23.50 from review and interview with Walt Bayliss
IM Funnels: $18.90 from review and interview with Kevin Fahey
Viral Loop: $18.50 from review and interview with Cindy Donovan
eCom Pages: $16.45 from review and interview with Mo Aguel
PBN Builder: $14.10 from review and interview with Joshua Zamora
Flipside Profits: $12.48 from review and interview with Phil Blackwell
Videlligence: $12 from review and interview with Mario Brown
Discover: $11.98 from review and interview with Walt Bayliss
Printly 2.0: $11.62 from review and interview with Ike Paz
Funnel Secrets: $11.10 from review
Viddictive: $10.80 from review and interview with Mario Brown
Pimpr: $8.58 from review and interview with Mark Bishop
Social Kickstart: $8.50 from review and interview with Mark Thompson
UltraVid: $8.47 from review and interview with Radu Hahaianu
Webinar X: $5.99 from review and interview with Neil Napier
2016 Traffic and Conversion Summit Notes (CLOSED): $4.96 from review and interview with Tim Castleman
Total revenue from interviews and reviews: $16,597.70 (-$2,943.45 from January)
Hijax: $10,942.45 – My earnings from a launch I did with Brett Rutecky
Launch costs: $2,500.19 from Brett Rutecky for Hijax launch costs
Press Cable: $1,001.88 – My earnings from private webinar with Chris Munch and Jay Cruz
Coaching: $500 – My earnings from private coaching that Brett and I do together
Board Commander (CLOSED): $207.75 – My earnings from private webinar
Profit Canvas Unlimited: $133.57 – My commission from a private webinar Brett Rutecky and I did
Google Adsense: $97.68 – Earnings from Youtube and Adsense
Affiliate Income Secrets: $81 – My product teaching how I make money from affiliate marketing
Autonars: $61.45 – My earnings from a launch I did with Brett Rutecky in June, 2017
Insta Funnel agency: $61.45 – My earnings from a webinar I did with Brett
Resell Rights Weekly: $56.58 – This is a website that has a ton of products that you can use as your own
Mail It: $34.23 – My earnings from a launch I did in August, 2016 with Brett Rutecky
Affiliate Trax: $30.71 – This is my cut from a launch I did with Brett in May, 2016
Social Robot JV commission: $27.19 – This my cut from a launch I did with Joshua Zamora in early 2015
Social Traffic System: $21.50 – My earnings from a launch I did with Brett Rutecky in September, 2017
Keyword Suggestions JV commission: $17.44 – This is my cut from a launch I did with Radu in September, 2015
Re-Engager: $5.04 – My earnings from a launch I did with Brett Rutecky and Tim Verdouw
Total from OTHER streams of income: $15,780.11 (+8,064.02 from January)
Total Revenue: $32,377.81 (+$5,120.57 from January)
Total Profit: $25,722.38 (+$1,309.15 from January)
Sometimes I get a bit behind and don’t have time to do a proper write up. This is just a “catch up” income report.