Income Report for May, 2020 – Catch up report

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, 2020

6,090 page views  (+3,913 from April)

11,600 Youtube channel views (+5,510 from April)

652 Youtube hours watched (+144 from April)

Email subscribers: 8,566 (+97 subscribers from April)

Expenses

Accountant: $900 – Tax time payment to my accountant

Adwords: $134.50 – I bought ads to affiliate review pages

Facebook ads: $123.87 – Facebook ads for projects

Convert Kit: $119 – This is the current autoresponder that I’m using

Aweber: $50 – This is my backup autoresponder

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

WP Engine: $30 – My new awesome, fast hosting company for this 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

Schedule Once: $5 – This is what I use to schedule my coaching calls

Amazon S3: $4.47 – I use this to host images, bonuses, and videos

Total expenses: $1,517.54 (-$16,303.31 spent compared to April)

Revenue

Cloud Funnels: $6,714.28 from bonus page

Marketpresso 2.0: $2,425.70 from bonus page

Create Studio: $2,164 from bonus page

Ranksnap 3.0: $1,736.60 from bonus page

Sendiio 2.0: $321.92 from review and private demo with Joshua Zamora

Webinar Jeo: $267.30 from review and interview with Walt Bayliss

Fresh Member: $264 from review and interview with Mark Thompson

Ada Comply 2.0: $246.40 from bonus page

Rapid Profix Pro: $193.24 from review and interview with Mosh Bari

Viral Reel: $179.48 from review and interview with Abhi Dwivedi

Mapify 360: $130.04 from review and interview with Adrian Isfan

PixelModo: $116.40 from review and interview with Neil Napier

Thrive Leads: $105.50 from review and interview with Shane Melaugh

Videyo (CLOSED): $97 from review and interview with Ryan Phillips

Lead App: $70.50 from review and interview with Chad Nicely

Fusion by Dropmock: $60.80 from review and interview with Jamie Ohler

DFY Lead Pages: $58 from review and interview with Ankur Shukla

Viddyoze 3.0: $44.40 from review and interview with Joey Xoto

Videosly: $33.95 from review and interview with Sam Bakker

Designo Pro: $33.50 from review and interview with Todd Gross

Kickass Tuber: $33.50 from review and interview with Angel Corman

Ascend Pages (CLOSED): $33 from review and interview with Andrew Darius

Easy VSL 2.0: $30 from review and interview with Mark Thompson

Convertri 2017: $29.10 from review and interview with Andy Fletcher

Tv Boss Fire: $25.19 from review and interview with Craig Crawford

Lingo Blaster 2.0: $23.50 from review and interview with Ali G

Storymate: $23.50 from review and interview with Luke Maguire

AdReel: $22.20 from review and interview with Ryan Phillips

Theme Maker: $20.10 from review and interview with Mikey Formby

VidSnatcher: $19.98 from review and interview with Todd Gross

Clipman AI: $18.50 from review and interview with Brad Stephens

Funnel Xpress: $16.10 from review and interview with Mark Bishop

Vidgeos: $13.50 from review and interview with Josh Ratta

Press Play 2.0: $13.50 from review and interview with Mark Thompson

News Maker Pro: $11.96 from review and interview with Igor Burban

MobiFirst: $11.65 from review and interview with Scotty Carter

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

Kaptiwa 2.0: $8.10 from review and interview with Dr. Amit Pareek

Shopabot: $5.99 from review and interview with Cindy Donovan

Meetvio: $5.10 from review and interview with Neil Napier

 

Total revenue from interviews and reviews: $15,657.06 (+$11,759.74 from March)

Recurring income with Brett: $3,786 – This is my recurring commissions before paying Brett half

Product revenue: $1,255 – Revenue from various products (minutes affiliates payments)

Social Robot JV commission: $271.82 – This my cut from a launch I did with Joshua Zamora in early 2015

Google Adsense: $212.16 – Earnings from Youtube

Resell Rights Weekly: $41.91 – This is a website that has a ton of products that you can use as your own

Total from OTHER streams of income: $5,566.89 (-$26,835.61 from April) 

 

Total Revenue:  $21,223.95 (-$15,075.87 from April)

 

Total Profit: $19,706.41 (+$1,227.44 from April)

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