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 July, 2018
8,123 page views (-5,157 from June)
20,574 Youtube channel views (-1,910 from June)
110,505 Youtube minutes watched (-3,361 from June)
Email subscribers: 18,514 (+334 subscribers from June)
Expenses
Launch prizes: $3,800 – This is the prize money we paid affiliates for promoting Million Dollar Shortcut
Paypal fees: $945.85
Virtual assistant: $800 – I have an assistant help with all my promotions, including copywriting, scheduling, and posting.
Sales page copy: $800 – Cost of our copywriting for the Million Dollar Shortcut sales page
Sales page graphics: $755.99 – Cost of our graphics for Million Dollar Shortcut sales page
Financial counseling: $275 – I hired an advisor
Facebook ads: $174.41 – I’ve been experimenting with FB ads on my JV promos, doing giveaways of IM products, and testing other niches
Aweber: $130 – This is my list building software that allows me to email everyone when there’s a new interview or review
Zapier: $56.09 – An amazing tool for automating your business
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
Schedule Once: $44.94 – This is what I use to schedule my coaching calls
ManyChat: $40 – A service that I use to build a Facebook messenger list
Docusign: $39.52 – I used this for coaching agreements
TinyPNG: $20.65 – I use this to reduce the size of my images on my website
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
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.
Evernote: $7.95 – I use this for keeping organized
Amazon S3: $5.96 – 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: $8,121.06 (+$7,309.50 spent compared to June)
Revenue
Affiliate Raid: $1,510.50 from review and interview with Richard Fairborn
Stream Livve: $1,480.50 from review and interview with Jonathan Oshevire
Affiliate Revival: $1,297.02 from review and interview with Kobi Topaz
RankSnap: $876.78 from review and interview with Tom Yevsikov
WP Tag Machine 2.0: $871.65 from review and interview with Ankur Shukla
HQ Webinar: $832.12 from review and interview with Jai Sharma
CPA Pirate: $729.91 from review and interview with Pallab Ghosal
Fusion by Dropmock: $715.40 from review and interview with Jamie Ohler
Vidfuse: $311.50 from review and interview with Walt Bayliss
LiveReel: $182.88 from review and interview with Abhi Dwivedi
Ascend Pages: $162.50 from review and interview with Andrew Darius
Synd Buddy: $142.37 from review and interview with Joshua Zamora
Viddyoze 3.0: $96.20 from review and interview with Joey Xoto
Video Ads Crash Course 2.0: $74.25 from review and interview with Justin Sardi
Tweet Push: $72.50 from review and interview with Cyril Gupta
Thrive Leads: $71 from review and interview with Shane Melaugh
Easy VSL 2.0: $65 from review and interview with Mark Thompson
My Post Builder: $63 from review and interview with Kimberly de Vries
Reddule: $58 from review and interview with Ben Murray
AdReel: $55.50 from review and interview with Ryan Phillips
Viral Video Stores: $48.50 from review and interview with Neil Napier
Storie: $44.80 from review and interview with Mario Brown
Coursely: $35.44 from review and interview with Radu Hahaianu
Repwarn reseller : $33.50 from review and interview with Walt Bayliss
DigiiBiz: $31.66 from review and interview with Mark Bishop
Re-Kaching: $31.04 from review and interview with Mosh Bari
Tube Sync: $29.40 from review and interview with Abhi Dwivedi
Converzly: $29.10 from review and interview with Justin Burns
Convertri 2017: $29.10 from review and interview with Andy Fletcher
XLeads360: $28.61 from review and interview with Adrian Isfan
vRankerPro: $28.20 from review and interview with Andy Black
Commissionology: $27 from review and interview with Michael Cheney
IM Checklist Volume 5: Video Marketing: $26.57 from review and interview with Kevin Fahey
Instant Spokesperson: $24.50 from review
Shopabot: $23.96 from review and interview with Cindy Donovan
Auto Webinar X: $23.50 from review and interview with Mario Brown
Video Traffic X (CLOSED): $23.50 from review and interview with Walt Bayliss
Simply Viral: $23.50 from review and interview with Abhi Dwivedi
Moto Theme 3.0: $23 from review and interview with Vivek Gour
EZ Magic Video: $19.96 from review and interview with Matt Bush
Viral Loop: $18.50 from review and interview with Cindy Donovan
Social Traffic Jacker (CLOSED): $18.50 from review and interview with Tony Hayes
Real Specific: $18.50 from review and interview with Shane Brooks
Bing Bang Profits: $18.50 from review and interview with Demetris Papadopolous
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
Ad Buddy: $11.10 from review and interview with Tom Yevsikov
Jvzoo Academy: $11.10 from review and interview with Sam Bakker
Promoyze: $11.10 from review and interview with Andrew Darius
HydraVid (CLOSED): $9.98 from review and interview with Walt Bayliss
Live Caster: $9.96 from review and interview with Cyril Gupta
Credi Response: $9.96 from review and interview with Cryil “Jeet” Gupta
Designo Pro 2.0: $8.50 from review and interview with Todd Gross
Webby Vid: $7.47 from review and interview with Radu Hahaianu
Webinar X: $5.99 from review and interview with Neil Napier
Smarketly: $5.95 from review and interview with Simon Sela
PixelModo: $5.10 from review and interview with Neil Napier
Total revenue from interviews and reviews: $10,467.08 (-$7,508 from June)
Coaching: $15,500 – My earnings from our coaching program teaching software creation and launching
Million Dollar Shortcut: $7,560.46 – This is my cut from a launch Brett and I did this month
IM Insider: $3,547.70 – My earnings from our monthly coaching program
MyMailit: $642.33 – My earnings from our MyMailit launch
Mail It: $75.23 – My earnings from a launch I did in August, 2016 with Brett Rutecky
Resell Rights Weekly: $56.58 – This is a website that has a ton of products that you can use as your own
Google Adsense: $48.63 – Earnings from Youtube and Adsense
Profit Canvas Unlimited: $43 – My commission from a private webinar Brett Rutecky and I did
Group Traffic Profits: $30.71 – My earnings from a launch I did in December, 2016 with Brett Rutecky
Re-Engager: $25.34 – My earnings from a launch I did with Brett Rutecky and Tim Verdouw in March, 2017
Keyword Suggestions JV commission: $23.58 – This is my cut from a launch I did with Radu in September, 2015
Social Robot JV commission: $23.01 – 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
Hijax: $19.50 – My earnings from a launch I did with Brett Rutecky in February, 2018
Autonars: $12.29 – My earnings from a launch I did with Brett Rutecky in June, 2017
Insta Funnel agency: $12.29 – My earnings from a webinar I did with Brett
Total from OTHER streams of income: $27,642.15 (+$23,045.88 from June)
Total Revenue: $38,109.23 (+$15,537.88 from June)