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, 2019
6,523 page views (+380 from June)
9,730 Youtube channel views (-294 from June)
44,825 Youtube minutes watched (+1,617 from June)
Email subscribers: 11,749 (+541 subscribers from June)
Expenses
Coaching commissions: $7,003 – Brett’s share of coaching commissions
Hostgator Hosting: $4,071.60 – This is my cost for website hosting for 3 years
Virtual assistant: $800 – I have an assistant help with all my promotions, including copywriting, scheduling, and posting.
Convert Kit: $149 – I’ve been using this as my autoresponder
Aweber: $130 – This is my backup autoresponder
Zapier: $129 – An amazing tool for automating your business
Commissions: $120 – Commissions sent to Brett that were paid to me by mistake
AirPods Case: $80 – I use this to charge my EarPods
inCorp: $59 – My registered agent for my business
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
Click Magick: $17 – I use this to track clicks
Audible: $15.77 – Business books to further my education
TinyPNG: $15.06
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: $6.35 – I use this to host images, bonuses, and videos
Schedule Once: $5 – This is what I use to schedule my coaching calls
Vault Press: $5 – A quick and easy tool that I use to backup my website
Total expenses: $12,815.71 (+$7,682.47 spent compared to June)
Revenue
Traffic Magic: $1,285.57 from review and interview with Art Flair
Vidmonial 2.0: $872.98 from special bonus page
Tube Rank Machine 2.0: $560 from review and interview with Ankur Shukla
Kartel: $558.70 from review and interview with Jono Armstrong
Commission Funnels: $535.38 from review and interview with Glynn Kosky
Eclipse: $472.67 from review and interview with Jono Armstrong
My Video Spy: $426.13 from review and interview with Joshua Zamora
News Profix Pro: $347.87 from review and interview with Mosh Bari
Boost Optin: $269.58 from review and interview with Eric Hammer
1-Click Affiliate Site: $161.54 from review and interview with Ankur Shukla
Socicake Local: $160.50 from interview with Mario Brown
Engager Mate: $142 from review
Tv Boss Fire: $130.36 from review and interview with Craig Crawford
Mapify 360: $98.45 from review and interview with Adrian Isfan
Fusion by Dropmock: $95.30 from review and interview with Jamie Ohler
WP Affiliate Machine: $86.96 from review and interview with Ankur Shukla
Video Ads Crash Course 2.0: $74.25 from review and interview with Justin Sardi
Flipp Me: $71.34 from review and interview with Art Flair
Viddyoze 3.0: $70.30 from review and interview with Joey Xoto
Thumbnail Blaster: $54.68 from review and interview with Stoica
Viral Video Stores: $48.50 from review and interview with Neil Napier
Ascend Pages (CLOSED): $46.50 from review and interview with Andrew Darius
AdReel: $44.40 from review and interview with Ryan Phillips
Easy VSL 2.0: $40 from review and interview with Mark Thompson
MobiFirst: $36.98 from review and interview with Scotty Carter
Viral Reel: $36.25 from review and interview with Abhi Dwivedi
Convertri 2017: $29.10 from review and interview with Andy Fletcher
Animation Studio: $23.50 from review and interview with Todd Gross
Insta-Storie 2.0: $22.60 from review and interview with Mario Brown
Real Specific: $18.50 from review and interview with Shane Brooks
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
Tube Sync: $12.95 from review and interview with Abhi Dwivedi
Jvzoo Academy: $11.10 from review and interview with Sam Bakker
HydraVid (CLOSED): $9.98 from review and interview with Walt Bayliss
Video Sumo: $8.30 from review and interview with Mark Bishop
Webinar X: $5.99 from review and interview with Neil Napier
Shopabot: $5.99 from review and interview with Cindy Donovan
Total revenue from interviews and reviews: $6,918.65 (-$1,123.18 from June)
MyDFY: $22,000 – Our full payment for our MyDFY system before paying out commissions to Brett
IM Insider: $1,452.18 – My earnings from our monthly coaching program
Textly launch: $1,342.12 – My earnings from a 100% commissions launch I did with Brett
Webinar: $1,300 – Commissions from a private webinar we did
Refund: $998 – Brett sent me this to cover refund for our MyDFY system
Vidyz: $367.82 – My earnings from a launch I did with Brett Rutecky
MyMailit: $223.91 – My earnings from our MyMailit launch in April, 2018
Million Dollar Shortcut: $188.73 – This is my cut from a launch Brett and I did this month
Growth Commander: $128 – My earnings from a webinar we did with Stefan Ciancio
Members Kit: $44.67 – My earnings from a launch I did with Brett Rutecky
CTA Bots: $33.46 – My earnings from our CTA Bots launch
Google Adsense: $31.67 – Earnings from Youtube and Adsense
Group Traffic Profits: $30.71 – My earnings from a launch I did in December, 2016 with Brett Rutecky
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: $23.01 – This my cut from a launch I did with Joshua Zamora in early 2015
Profit Canvas Unlimited: $21.50 – My commission from a private webinar Brett Rutecky and I did
Review Wizard: $16.89 – My earnings from a launch Brett and I did in February, 2017
Insta Funnel agency: $12.29 – My earnings from a webinar I did with Brett
Autonars: $12.29 – My earnings from a launch I did with Brett Rutecky in June, 2017
Re-Engager: $11.15 – My earnings from a launch I did with Brett Rutecky and Tim Verdouw
Total from OTHER streams of income: $28,266.34 (+$15,754.26 from June)
Total Revenue: $35,184.99 (+$14,631.08 from June)
Total Profit: $22,369.28 (+$6,948.61 from June)
Another “catch up” report. I’m trying to get caught up with them again…I’ll get there soon.