September 2016: Income Report: Ups & Downs Of Business — Fresh Belief, Kindle Publishing, Blogging and Make Money Online

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September 2016: Income Report: Ups & Downs Of Business

Well what can I say.  September is over and it has been a month of goodness and disappointment.  Some things have got better, some things have gone down and some things have crashed.  This is business, you can’t expect everything to go your way all the time, the best thing about being your own boss is you can try what you want with no one telling you it’s not OK, the only thing that will happen is you will hopefully learn from it.

september-2016-income-report-ups-downs-of-business

This month has been a huge learning curve with a lot of that learning still happening.  I launched a few new books this month, some did well, some crashed and burned which was due to the competitiveness of the niche, I have a few more books in waiting and I will be trying something new things to help boost the books.

I am trial and testing a few new methods to see if I can revive old books which are no longer selling.  For some books it has already started to work, but I want to turn them into bestsellers and get them to the top place for their keyword, I will report my findings as I feel many people can benefit from the reinvigoration of a book which has died, we will see what happens.  Let me find the right method and trial and test the techniques to see which ones works first.

 

Amazon Kindle Business

September was not what I expected it to be, I have gone into a niche which is very profitable, but on launching my book, my books sucked ass, they didn’t hit the spot I wanted them to, so I am tweaking things on the books asap as they are still within the time period Amazon gives books a boost and hopefully this method will give them a rise in sales for October, we will see.

 

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

Kindle Paid Royalties: $759.90 (Includes US & UK Royalties) = (Decrease -$250.41)

Kindle Unlimited Royalties: $72.77 (15’483 pages read x $0.0047 per page) = (Decrease -$23.97)

Create Space Royalties: $1139.66 (Includes US, UK & Euro Royalties) = (Increase +$144.87)

ACX Audible Royalties: $122.51 (This is from August as I get accurate readings)

AMAZON KINDLE ROYALTY TOTAL: $2094.84 = (Decrease -$7)

 

EXPENSES

Out Sourcing Fees: $699.86

Book Writing = $607.5

PLR Materials = $15.98

Domain name – $

Images – $

Software – $27

AMAZON KINDLE EXPENSES TOTAL = $1350.34

Total Profit from Kindle publishing $744.5 = (Increase +$173.35)

 

Kindle Sales

kdp-sales-amazon-kindle-september

 

Kindle Unlimited Pages Read

kindle-unlimited-pages-read-amazon-september

 

Kindle Royalties

amazon-kindle-royalties-earned-september

 

Create Space Royalties

create-space-royalties-september

 

ACX Sales

acx-royalties-amazon-september

ACX royalties are from August because I can not get an accurate reading for the current month with ACX.

 

September has been a steady month, a slight decrease, it has been annoying as I was expecting an increase in my royalties due to the increase in my books, but you can’t expect that because it is not always the case, even though my new books are selling, some of my old books have been decreasing in sales.  Something did happen this month for a period of a week which made my sales drop.  I enquired to other people in different Kindle groups and they experienced the same thing, I had some really low sales days this month, hopefully this was only a glitch and everything will go back up.

My business is still growing and I believe that anyone can publish Kindle books on Amazon, you just have to have the right guidance when you start, I really do wish that I had this when I started 10 months ago because I believe if I took Self-Publishing Revolution when I started I would be earning more royalties on a monthly basis and wouldn’t have wasted money on niches and keywords that were not as profitable.

It’s still amazing that I can earn $2000 a month royalties passively from books I never wrote and the best thing now is 90% of the work I don’t do, after learning how to outsource it all.

 

Making money from Kindle publishing is still viable and anyone can learn how to do it.  I recommend Luca’s course as it is the best one on the market and you will learn everything you need to make your books successful.

I have a special offer for you which is priceless as I don’t offer mentoring.  Buy today and I will give you 30 Minutes Mentoring for FREE (Worth $100).

Click on one of the links below and start to change your life like I have.

LucaMethod.com (Life time access)

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LucaMethodMonthly.com (Monthly payments)

 

 

Passive Income: Affiliate Commissions

All I can say is I am in shock!! I thought last month was the limit but things keep on getting better month on month.  I am in disbelief that I am earning more this month than I did last month, as I never would have thought my affiliate income would go above $1000.  It just seemed like a pipe dream, something that I only read online and was out of my reach.  As I am writing this I am shaking my head, it is exciting but at the same time it is hard to come to terms with the fact that people clicked on my link and bought a product because of my recommendation.  I have even had people thanking me for my posts and telling me I am an inspiration to them.  Things keep on getting crazier and crazier because this was something I never would have expected to come my way when I started to write my blog, it is just amazing.

At the same time it has also given me a new drive to think that I can really scale this and make something of it, I have seen guys online earning tens of thousands and even hundreds of thousands of dollars a month from their blogs and now I have felt the power of what I can achieve I believe that I can achieve it too.

 

Here is a breakdown of what I earned this month from my affiliate income.

JVZOO: $1239.80 = (Increase +206.40)

jvzoo-affiliate-commissions-september

 

Click Bank: $205.23 = (Increase +$205.23)

Amazon Associates: $0.32 = (Decrease -$0.04)

Site Ground: $0 = (Decrease -$40)

Aweber: $5 = (Increase +$5)

Total affiliate commissions income: $1450.35 = (Increase +$660.59)

 

WOW, WOW, WOW!  As you can see above it is a crazy amount of money, that’s all I can say, it has been fantastic what has been happening, and it is a bit hard to believe I could have earned this from my blog but it has, the money has hit my bank account and the numbers don’t lie.  It for me just blows me away whilst at the same time is exciting, I have to give a shout out to Johnny for creating his blogging course because without it I would have never got the foundations to start my blog and progress from there.  What you see in this blog is basically everything that was taught in the course.

To start your own journey as a blogger and learn the right steps I would go to JohnnyMethod.com, not only will it teach you how to start your own blog and make money from it, you will also get support for any problems you have via the forum and Facebook group which I am in both of them. 🙂

Let me know if you do sign up to the course through my link and I will give you 30 minutes free mentoring to help you personally with anything you need help with.

 

Grand Total Passive Income

This month has been massive for me, not only have I increase my overall income but I have also increased my affiliate income which I feel will be more powerful for me as each month goes by.  You can go back and see where I started from and where I am going each month and you can see that it is not impossible to get to the level I am at.

I really hope I inspire some of you to start working on changing your life for the better, it doesn’t have to be Kindle or blogging, it can be something completely different.  The next business I am going to start this year is Ebay Drop Shipping.  I have seen a lot of success stories from this course and the best thing about it is there are small start up costs and once you get to a point you can outsource it all, which is what we are all looking to do with every business.

Thank you for reading my blog, without you my blog would be nothing, and I would be less inspired to write more, but you help me along on my journey.

Again this month has blown me away at the amount of revenue that was generated, I have never earned this much for a month in my life and I am truly grateful for this opportunity.

Everyone starts somewhere and I started nearly a year ago, check out where I started, here’s a post of where to get started

 

Other Expenses

Hide My Ass = $9.99

skype = $22.29

Aweber = $19

Education – $118.27

Google – $4.99

Software – $38.99

Donation to Wor. Watthana = $15

TOTAL = $228.53

 

INCOME VS EXPENSES

Total Passive Income: $3545 (Increase +$619.25)

Total Expenses: $1578.87 (Decrease +$356.39)

GRAND TOTAL PASSIVE INCOME PROFITS: $1966.13 (Increase +$975.45)

 

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

 

Keep in touch:

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Twitter.com/MikeFreshBelief

Instagram.com/freshbelief

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  • 04/10/2016
  • Jarrad says:

    Hi Micheal,

    Cool blog buddy.
    I am looking at your Publishing business expenses and it says you spent $699.86 on “outsourcing fees”. What exactly is this? virtual assistant labor cost? and what else?
    If you could reduce this cost and keep more profit, that would be nice.
    And how many books do you have published?
    Is seems you can achieve more royalties with paperback create space books!

    • mike says:

      Hi Jarrad
      Thanx for your comment
      I know it seems like a lot, I have been experimenting with a few things, from advertising outside of amazon, trying to bring traffic in, so it is costing me money right now, but I feel that once I get the right method I can get a huge amount of more sales.
      A lot of it is virtual assistant costs.

      Yes, if i reduced this I would make more profit, but I believe that you should try and test new things and keep on investing, if you make a mistake that is all part of business, you don’t know unless you try.
      I currently have 21 books
      Yes my books are priced higher on CreateSpace so I get more money for them.

      how is your business coming along?

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