Every month I publish an income report…why? Good question 🙂
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.
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.
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 January, 2016
31,749 page views (NA from December due to analytics error)
42,631 Youtube channel views (+8,674 from December)
245,244 Youtube minutes watched (+43,232 from December)
Email subscribers: 23,372 (-513 subscribers from December)
Review Wizard sales page graphics: $900.66
Virtual assistant: $800 – I have an assistant help with all my promotions, including copywriting, scheduling, and posting.
Review Wizard sales copy: $450
50% of Re-Engager sales copy: $225
GoToWebinar: $199 – I use this for live webinars and training
Aweber: $197 – This is my list building software that allows me to email everyone when there’s a new interview or review
SunBiz Scorp Yearly fees: $138.75
Paypal fees: $98.59
Zapier: $50 – 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
Monthly phone fees: $30
Food Blogger Pro: $29 – A course I purchased on setting up a food blog, something that I’m interested in
Jvzoo seller fees: $24.35
Resell Rights Weekly: $19.95 – Reoccurring membership fee for the bonuses I add from my interviews and reviews
Click Magick: $17 – This is one of my FAVORITE tools for tracking links.
Audible: $14.95 – Business books to further my education
Amazon S3: $11.71 – I use this to host images and videos
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
Total expenses: $3,330.94 (-$9,507.25 spent compared to December)
WP Site Guardian 2.0: $139.10 from review and interview with Chris Hitman
Total revenue from interviews and reviews: $26,459.16 (+$6,428.57 from December)
Affiliate Income Secrets: $485 – My product teaching how I make money from affiliate marketing
Mail It: $293.85 – My earnings from a launch I did in August, 2016 with Brett Rutecky
Profit Canvas Unlimited: $256.68 – My commission from a private webinar Brett Rutecky and I did
Group Traffic Profits: $133.71 – My earnings from a launch I did in December, 2016 with Brett Rutecky
Resell Rights Weekly: $113.86 – This is a website that has a ton of products that you can use as your own
Google Adsense: $90.21 – Earnings from Youtube Adsense
Keyword Suggestions JV commission: $63.11 – This is my cut from a launch I did with Radu in September, 2015
Social Robot JV commission: $46.91 – This my cut from a launch I did with Joshua Zamora in early 2015
Affiliate Trax: $29.82 – This is my cut from a launch I did with Brett in May, 2016
SociSpot JV commission: $18.56 – This is my cut from a launch I did with Lee Pennington in November, 2015
Profit Canvas Pro: $9.18 from a product Brett Rutecky and I launched in 2015
Video Course Cash Kit: $8.14 – My earnings from a launch I did with Brett Rutecky and John Shea in June, 2016
Total from OTHER streams of income: $1,549.03 (-$30,562.92 from December)
Total Revenue: $28,008.19 (-$24,134.35 from December)
Total Profit: $24,672.56 (-$14,622.44 from December)
I fell behind on my income reports. This is just a catch up report. For a full report please check out March, 2017.