May 2016 Income Report: Back To Bangkok City — Fresh Belief, Kindle Publishing, Blogging and Make Money Online

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May 2016 Income Report: Back To Bangkok City

When I started my journey I was just earning money from my Amazon Kindle business but now I have started to make passive income from affiliate marketing so I feel now is the time to show you my other income sources, and also my income to expenses so you can gain a little more understanding of what is involved in running of my business and blog.

 

may-2016-income-report-back-to-bangkok-city

 

I have been very busy in May trying to find a new niche and updating old books to bring in more income streams and it seems to have worked because everything has increased.  My affiliate income has been the best to date as well.

 

Amazon Kindle Business

As most of you know, I’ve been Kindle publishing since October 2015 and it has been up and down and I have been looking as this for a way to create a passive income.  ‘I don’t work, I invest my time’ I am not sure if anyone said this before but this is the way I feel about my passive income businesses.

About 2 months ago I started the Kindle course to Self-Publishing Revolution which has helped me with my Kindle business and multiply the income streams for each book helping me to increase my Kindle business royalties.

I explain why I change to the Luca Method in this post >>  Why I Stopped Kindle Money Mastery And Started My Self Publishing Revolution

 

Here is a breakdown of how much I made from each source

Kindle Paid Royalties: $493.76 (Includes US & UK Royalties)

Kindle Unlimited Royalties: $77.74 (16’541 pages read x $0.0047 per page)

Create Space Royalties: $532.49 (Includes US & UK Royalties)

ACX Audible Royalties: $14.46

AMAZON KINDLE ROYALTY TOTAL: $1118.45

 

EXPENSES

Out Sourcing Fees: $597.50

AMAZON KINDLE EXPENSES TOTAL = $597.50

 

Total Profit from Kindle publishing $520.95

 

Kindle Sales

amazon-kindle-paid-sales

 

Kindle Unlimited Pages Read

amazon-kindle-unlimited-pages-read

 

Kindle Royalties

amazon-kindle-royalties

 

Create Space Royalties

amazon-create-space-royalties

 

ACX Sales

acx-audible-royalties

 

 

Passive Income: Affiliate Commissions

This month my affiliate revenues have started to rise and I am so excited about this part as I never thought I would ever make money from my blog in way of affiliate commissions.

The best part about it is I have only referred people to products which I use myself and believe in and that has been huge for me as it shows people have trusted my recommendations.  I am so grateful to everyone who follows my blog and believes in what I say.

Lastly I have to say I huge thank you to Johnny FD and his blogging course which has taught me how to start a blog and make money from it.  I can not wait for next month and to see how I do.  Check out Johnny’s course at Earnest Affiliate

Here is the overview of Johnny’s blogging course >>  How To Make Money From Your Blog – Overview of Earnest Affiliate

 

Affiliate Commissions Total = $149.95

 

JVZOO

jvzoo-affiliate-commissions

 

Click Bank: $2.72

Amazon Associates: $6.23

amazon-associate-income-report

 

Grand Total Passive Income

Having only been doing this for 8 months I am pretty excited to see the rise to how much I am earning from my businesses.  This is allowing me to earn whilst concentrate on the things I want to do.  I do enjoy Kindle publishing it is really fun to be able to see something you have made and published and now it is earning money from it for me is an exciting thing.  The blog is my most enjoyable thing which I do because it allows me to express myself and it wasn’t until recently that I was able to earn money from it which is pretty amazing.

It has been a good journey so far, if you want to know where to get started, here’s a post of where to get started

 

Other Expenses

Evaer Skype Recording = $29.95

Witopia = $5.99

skype = £7.70

Aweber = $19

TOTAL = $62.64

 

INCOME VS EXPENSES

Total Passive Income: $1268.40

Total Expenses: $660.14

GRAND TOTAL PASSIVE INCOME PROFITS: $608.26

 

I feel things are getting better as time passes by, and I feel it can only get better.  I hope this will inspire you to believe that you can make passive income and change your life and situation for the better.  Anything is possible if you believe in yourself and what you are doing.

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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  • Saad says:

    Dude so awesome man!

    Keep inspiring please.

  • Congratualtions Michael! I’ve known you now for 10 years, and you always find a way to live the life you want!

    • mike says:

      Been a great and fun friendship 🙂
      I just don’t want to be stuck in a 9-5 job which will restrict what I really want to do

  • Khairul Izad says:

    That was a really great post. Thank you for sharing and yes it does give inspiration to others!

  • Paul says:

    Hi Mike, I love this blog, appeals and resonates with a lot of people in this position.

    One intriguing question.. I remember a month or so ago your CS revenue per book was around $2-$3 , this appears to have doubled almost.. I assume you have pretty much increased the price of each book? or perhaps your new books are priced higher?

    • mike says:

      Hi Paul

      Thank you, I’m glad you like it 🙂
      I am writing from a personal perspective so I feel this will benefit many people as they will go through the same experiences.

      Can you send me to the exact post as I don’t remember my cs royalties being that low for any of my months.

      I have played with the pricing so that has allowed me to earn more per book sale.

      I see this to go up month on month as I am just about to start being aggressive with my publishing business now I have a system down.

  • Rana says:

    Hi! Awesome job!
    Question, can you elaborate on the outsourcing fees, if possible? Because this could be a reference to a start-up money needed, in a way. Does this include writer’s fee, fiverr promotion, others?

    • mike says:

      Hi Rana
      Outsourcing fees include writers, virtual assistants, picture creators, cover creators.

      Hope this helped

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