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 May, 2019
8,603 page views (+265 from April)
12,622 Youtube channel views (+1,950 from April)
52,151 Youtube minutes watched (+7,088 from April)
Email subscribers: 11,263 (+113 subscribers from April)
Expenses
Launch prizes: $3,000 – Prizes for CTA Bots launch
GoToWebinar: $725 – Yearly payment for a GoToWebinar account
Graphics: $700 – Sales page for CTA Bots launch
Convert Kit: $149 – I’ve been using this as my autoresponder
Aweber: $130 – This is my backup autoresponder
Commission: $100 – Sent to Luke Maguire for Vidyz unpaid commission
Zapier: $58 – 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
Loopback software: $49 – Software used for special audio on webinars
Gusto: $45 – This is the company I use for my SCORP payroll
Docusign: $40 – This is what we use for contracts for coaching students
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
Schedule Once: $19 – This is what I use to schedule my coaching calls
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
Vault Press: $5 – A quick and easy tool that I use to backup my website
Amazon S3: $4.79 – I use this to host images, bonuses, and videos
TinyPng: $2.37 – A service I use to reduce my image sizes
Total expenses: $5,226.86 (-$3,861.72 spent compared to April)
Revenue
Rank Reel: $1,413.13 from bonus review page
1-Click Affiliate Site: $1,302.16 from review and interview with Ankur Shukla
Aurora: $1,242.25 from review and interview with Jono Armstrong
Stealthd: $705.46 from review and interview with Jono Armstrong
Exodus: $632.35 from review and interview with Trevor Carr
Trendds: $607.35 from review and interview with Mark Bishop
Videyo (CLOSED): $479.20 from review and interview with Ryan Phillips
Auto Pilot Agency: $412.78 from review and interview with Brian Anderson
1oxHostings: $397.03 from review and interview with Ankit Mehta
Mail Engine: $339.26 from review and interview with Cyril Gupta
MeetZippy: $275.53 from review and interview with Jonathan Oshevire
Webinar Jeo (CLOSED) : $267.30 from review and interview with Walt Bayliss
Tv Boss Fire: $173.34 from review and interview with Craig Crawford
Engager Mate: $167.11 from review
Sendiio: $159.41 from review and interview with Joshua Zamora
PixelModo: $116.40 from review and interview with Neil Napier
ChatterPal: $113 from review and interview with Paul Ponna
Thumbnail Blaster: $107.68 from review and interview with Stoica
Fusion by Dropmock: $99.80 from review and interview with Jamie Ohler
AudioFlow: $85.50 from review and interview with Josh Ratta
Page Builder Pro: $77.60 from review and interview with Mario Brown
Viddyoze 3.0: $70.30 from review and interview with Joey Xoto
Videosly: $67.90 from review and interview with Sam Bakker
WP Affiliate Machine: $67.55 from review and interview with Ankur Shukla
Pixo Blaster: $47.74 from review and interview with Stoica
Ascend Pages (CLOSED): $46.50 from review and interview with Andrew Darius
Easy VSL 2.0: $45 from review and interview with Mark Thompson
Theme Maker: $40.20 from review and interview with Mikey Formby
Video Marketing Blaster: $37 from review and interview with Ali G.
Designo Pro: $33.50 from review and interview with Todd Gross
Adscrisp: $30.82 from review and interview with Saurabh Bhatnagar
Convertri 2017: $29.10 from review and interview with Andy Fletcher
Video Sumo: $28.79 from review and interview with Mark Bishop
StockNation: $23.50 from review and interview with Gaurav Madaan
Video Traffic X (CLOSED): $23.50 from review and interview with Walt Bayliss
Real Specific: $18.50 from review and interview with Shane Brooks
Kickass Tuber: $18.50 from review and interview with Angel Corman
eCom Pages: $16.45 from review and interview with Mo Aguel
Flipp Me: $14.78 from review and interview with Art Flair
Vidgeos: $13.50 from review and interview with Josh Ratta
Commissionology: $13.50 from review and interview with Michael Cheney
Press Play 2.0: $13.50 from review and interview with Mark Thompson
The Lost Code: $11.70 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
Social Kickstart: $8.50 from review and interview with Mark Thompson
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: $9,927.03 (+$293.87 from April)
CTA Bots: $5,494.63 – My earnings from our CTA Bots launch
IM Insider: $2,881.31 – My earnings from our monthly coaching program
Growth Commander: $2,681 – My earnings from a webinar we did with Stefan Ciancio
Launch costs: $2,388 – Launch costs for CTA Bots from Brett
3 Step Success Club – $1,601.04 – My earnings from a webinar I did with Brett
Social Robot JV commission: $436.25 – This my cut from a launch I did with Joshua Zamora in early 2015
Vidyz: $388.75 – My earnings from a launch I did with Brett Rutecky
Coaching: $250 – My earnings from our coaching program teaching affiliate marketing
Profit Canvas Unlimited: $112.07 – My commission from a private webinar Brett Rutecky and I did
MyMailit: $48.19 – My earnings from our MyMailit launch in April, 2018
Resell Rights Weekly: $41.91 – This is a website that has a ton of products that you can use as your own
Google Adsense: $37.51 – Earnings from Youtube and Adsense
Members Kit: $27.92 – My earnings from a launch I did with Brett Rutecky
Review Wizard: $17.39 – My earnings from a launch Brett and I did
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: $16,430.55 (+$9,084.72 from April)
Total Revenue: $26,357.58 (+$9,378.59 from April)