Income Report November 2017: New Start

My Income Report, Did it Go Well or Terrible?

This is one of the most nervous posts that I have written in a while.

Well, it would have been in the past when I gave a crap about what people thought about how much I earned, yes big things have started exploding off in my mind where I now no longer care about what people think and it’s more about my journey than anyone else’s opinion.

It is one of those crazy things which set me free from the worry of other peoples thinking that I was inadequate.

What this may potentially do is really kill some of my affiliate income as people will see I am not earning as much as I used to if you compare it back to March 2017 income report.

What I am happy about is I can show my progress again without the worry of people looking down on me.

This is my journey MO FO’s, come and enjoy the ride.

Income Report November 2017 New Start(Pinterest)

 

The Reason To Start Income Reports Again

For me it is getting over the fear of earning less and people judging, being transparent and showing my progress so I can inspire people to show that you can do anything in life if you put your heart to it and do things the right way.

I have sunk to one of my lowest points in my income journey and now I am finding my way out which I think I will 100% find a solution. Learning every day focusing on key parts of my business instead of going after the next shiny object.

Even though I went after paid advertising and I wasn’t as successful as I wanted to be as it takes money to trial and test things, so what happened is my money just got too dangerously low for me to continue testing and living.

I prefer living to fight another day. but paid ads is something I want to get back into in the future.

 

So, for now, I am back on my right track, I hope you enjoy this and see how much things can change in a small period of time.

 

Amazon Kindle Business

This is one of the most frustrating parts of documenting everything and the time I have invested into it all I would have expected to have been in a much better position than I am now but I really did set up the fundamentals incorrect which caused this crash.

It made me cry to the point I was looking for an instant solution to my problems when really it was the basics that I was ignoring which caused my eventual downfall.

Even though my income has stayed steady at a few hundred dollars a month over the last few months I just wish it was more. But we all know wishing will get you nowhere.

So here is the stuff you’ve all been waiting for

 

Here is a breakdown of how much I made

Kindle Paid Royalties: $121.95 (Includes US, UK & Euro Royalties)

Kindle Unlimited Royalties: $22.20 (4’723 pages read x $0.0047 per page)

Create Space Royalties: $390.39 (Includes US, UK & Euro Royalties)

ACX Audible Royalties: $135 + $25 Bounty = $160 = (Octobery Royalties)

AMAZON KINDLE ROYALTY TOTAL: $694.54

 

EXPENSES

Out Sourcing Fees: $0

Book Writing: $0

PLR Materials: $0

Software: $34

Marketing: $72.49

AMAZON KINDLE EXPENSES TOTAL = $106.49

Total Profit from Kindle publishing $588.05

 

Kindle Sales

 

Kindle Unlimited Pages Read

 

Kindle Royalties

 

Create Space Royalties

 

ACX Royalties

I still feel gutted with the decline in my royalties but at the same time, it has taught me some very very important lessons.

If you miss the fundamentals of any business and go for the shiny object of whatever it is, you will ultimately fail as it is the basics which will always prevail.

Yes, it took me a long time to realize this but overall we all need that bump to realize the mistakes we’ve made. If you’ve watched me in the past you will know how much effort I put into things and how determined I am to succeed.

BTW, Kindle publishing lack of success is one of those things that eats away at me.

If you’re interested in learning about Kindle Publishing there is a link below to the course which taught me how publish.

I have a lot of nuggets of information and I know that knowledge will prove useful to you too, so what I am doing is giving away 30 minutes free mentoring (Worth $100) when you go through my link.

Click on one of the links below to get started.

LucaMethod.com (Life time access)

.

LucaMethodMonthly.com (Monthly payments)

 

Passive Income: Affiliate Commissions

Blogging has been a great passion and my favourite way to document my journey along this bumpy road which 2017 has really been. The great advantage of my blog is I can make money at the same time, it’s like a dream come true.

I write once a week and there are over a thousand people a month who come to read what I have to say. That still amazes me to this day. However, that 1,000 viewer number is set to rise with my strategy that I am now implementing, I feel 10,000 will be a small number after I’ve finished all the linking and collaborations.

I did, however, start my journey somewhere and that somewhere was earnest affiliate which is now called Income Boss.

The original course taught me all the basics to help me earn over $17,000 from my blog and now I’m even higher.

However, let’s get into this month. I have earned a steady few hundred dollars each month and November was no different.

 

Here it is:

JVZOO: $615.70

Click Bank: $90.61

Amazon Associates: $5.60

Site Ground (Web Hosting) : $0

Total affiliate commissions income: $711.91

 

Other Income Streams

I wanted to take advantage of a skill I already had and writing is something that I have passively been working on year on year.  A skill I have been improving on and with copywriting skills added to the mix I have been able to work in a new sector I love.

That is the main thing about it is, love what you do.  I currently only have one client and earn $200 from them for 1,000 word article.  Even though I lost money on this project I know it was down to the emails I was sending out to gain new clients.  I have since tweaked that email and will be sending out those new emails to see how people react.

Going into December I have had more interested from new companies and renewal work from the same original company.

Even though I wish I had more clients it is a gradual process.

 

I can say though that I’m pretty happy my article got voted in the Top 25 Digital Marketing Articles, mine is under Social Optimization if you can’t find it.

And here is the actual article: https://www.falcon.io/insights-hub/topics/social-media-strategy/overlooked-social-media-statistics/#GEN

Top 25 Digital Marketing Articles – Week of 11/17/17

 

If you’re interested in working with my writing company check out RazorSharpCopy.com

 

Income

Article Writing = $200

 

Expenses

Sourcing clients: $200

Proofreading: $90 (normally $30 but I was testing 5 people)

 

Total affiliate commissions income: -$90

 

 

Grand Total Passive Income

Even with a huge decline in my profits and going into a loss, I am still happy that I am able to do what I want to do when I want, I’m not chained down by the time slots I have to go in and leave.

With this month majority of my expenses have come from education, however, those will be finishing off soon and I will have the freedom to reign in more money.

Whatever level I earn I am happy however I still have that glorious aim of $10,000 a month in passive income, that would rock my world 😛

 

Courses

If your interested in any of the product mentioned in this post check them out below

Start your own blog today = Income Boss

Start your own Kindle business = Self Publishing 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.

 

Video Review

Other Expenses

Hide My Ass = $9.99

skype = $0

Get Response = $49

Hosting = $80

Education – $708.53

Google – $4.99

Software – $20

Outsourcing – $249.89

Domain Names: $58.76

Fresh Books = $30

Donation to Wor. Watthana = $15

TOTAL = $1226.16

 

INCOME VS EXPENSES

Total Passive Income: $1606.45

Total Expenses: $1662.65

GRAND TOTAL PASSIVE INCOME PROFITS: -$56.20

 

If you enjoyed this post and would like to know more, have a question or just say hi, please leave a comment below.

Warm Regards

Michael

 

 

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  • 19/12/2017
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