Income Report January 2017: Moving Up
It’s the new year and we’re all starting it with high hopes of great things. I wanted things to improve and get better, but things seem to be moving at a snail’s pace and I don’t understand why. It just seems like nothing is working. It took me nearly the whole of January to get myself into gear.
January should have been a month to remember, all of my new businesses should have been powered into over drive, but it all started up at a snail’s pace and even worse my income didn’t go the way I wanted. Things could be worse, but I still have to look on the bright side. I’m living in Thailand and doing exactly what I want.
Amazon Kindle Business
January has been one of the worst months in a long time for my business, I truly did think I would have everything kicking off well and moving forward, but this was just not to be. I got the keywords and niches going but didn’t have any of my books written, that will all happen in February.
So this month was literally like last month, I didn’t do much work on my Amazon business but still made passive income which is always a plus, this would have to be another month of passiveness for me 😛
This month I did start to outsource more with virtual assistants, this is preparation for the months to come.
Here is a breakdown of how much I made
Kindle Paid Royalties: $370.90 (Includes US, UK & Euro Royalties) = (Decrease -$213.35)
Kindle Unlimited Royalties: $42.48 (9038 pages read x $0.0047 per page) = (Decrease -$4.28)
Create Space Royalties: $865.75 (Includes US, UK & Euro Royalties) = (Decrease -$614.19)
ACX Audible Royalties: $177.90 + $125 Bounty = $302.90 = (Increase +$157.59) (December Royalties)
AMAZON KINDLE ROYALTY TOTAL: $1582.03 = (Decrease -$674.23)
Out Sourcing Fees: $493.01
Book Writing: $150
PLR Materials: $0
AMAZON KINDLE EXPENSES TOTAL = $864.68
Total Profit from Kindle publishing $717.35 = (Decrease -$961.91)
Kindle Unlimited Pages Read
Create Space Royalties
This month has been on the down, I would have like it to gone up in my income, but it was not to be. I just have to look at this as a low point in the last few months. But at the end of the day, I still made money from not doing any work on the books that I own so that is a plus. Now I have to look forward and create more books.
The plan now is to outsource 90% of the work, I have been going back through Kindle AutoPilot to refresh myself on the outsourcing process. I am now hiring for most of the work that I do so I don’t concentrate on the small time-consuming tasks as much. Time to start working on the business, not in it.
Do you see the results I achieved above, you can do it too, all of that is passive income, and I earned it all from Kindle publishing. To get started with your own Kindle publishing business I recommend Self-Publishing Revolution. The number one course online for learning about Kindle publishing. The moment I changed Kindle courses was the pivotal moment in my Kindle business, relive that moment and find out what happened after I changed Kindle courses.
One thing I understand is that starting your own Kindle publishing journey you may have many questions. So what I am doing to help you get started is give 30 Minutes Mentoring for FREE (Worth $100) when you purchase through my link
Click on one of the links below to get started.
Passive Income: Affiliate Commissions
You may have noticed I have been writing more posts over the last few weeks, I would put this down to getting loads of new ideas and at the same time outsourcing my work so I can spend more time on the one thing I really enjoy which is writing my blog, you may feel it through my writing. The other thing I have started doing is shooting more videos, I am adding them to most of my posts as a way to get to a bigger audience. This is just something which I am really starting to get into now, if you started your own blog you would realise that feeling too.
I visit my affiliate dashboard on a daily basis and I am always excited to see some numbers on the board, if I see some commission I get a really good feeling. If there isn’t any it feels like there is more that I could do. I know I put in the work prior but it still feels like free money that has been put in my account.
I started my blogging journey over a year ago with Earnest Affiliate. It taught me what I needed to get started and how to earn money from my blog. I feel it is a great solution for anyone looking to get started with their own journey too.
To help you get started when you purchase through my link I will give you 30 minutes free mentoring, check out JohnnyMethod.com
JVZOO: $1260.50 = (Decrease +284.65)
Click Bank: $67.41 = (Increase +$67.41)
Amazon Associates: $0 = (Decrease +$0.40)
Aweber: $0 = (Even $0)
Total affiliate commissions income: $1327.91 = (Decrease -$217.24)
Grand Total Passive Income
When you own a business money goes up and down and you should never be disheartened by this, you should always be looking at what you can do to improve it. For me, I feel I am spending too much time in my business instead of on it so now I am looking to outsource most of my work so I can create a better work day for myself instead of having to worry about the small tedious tasks.
I want to start a few more businesses and get the new affiliate marketing sites up and running, with more free time I will be able to get so much more done. I am excited as I will be able to produce more books too which will help raise my income. I want 2017 to be my year and become free from work chains and let other people do my work while I work on more enjoyable things.
It is exciting times ahead!
If your interested in any of the product mentioned in this post check them out below
Start your own blog today = Earnest Affiliate
Start your own Kindle business = Self Publishing Revolution
Start an Affiliate website = Affiliate Marketing Revolution
All are helping me with my passive income journey.
It’s truly amazing what you can do in a time period when you set your mind to it. Click Here to see the ‘Best of 2016’ and the things I learned last year
Hide My Ass = $9.99
skype = $22.29
Aweber = $19
Education – $55
Google – $4.99
Software – $79.98
Outsourcing – $58.85
Accountant = $299.70
Donation to Wor. Watthana = $15
TOTAL = $564.80
INCOME VS EXPENSES
Total Passive Income: $2909.94 (Decrease -$891.47)
Total Expenses: $1429.48 (Increase +$554.13)
GRAND TOTAL PASSIVE INCOME PROFITS: $1480.46 (Decrease -$1445.60)
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