I could sit here and be upset at the fact that I made less money in April than I did in March, but I’m not going to take that route.
To be completely honest, I saw February and March as kind of an anomaly in my earnings because one of my websites went viral and everything was greatly exaggerated.
That said, I think that April is a more realistic screenshot of what I can expect earnings to be in the near future.
In the month of April I was able to make an average of $373.80 per day.
Definitely not a bad month and I’m happy with the way it turned out. My goal by the end of the year is to make $15,000 a month in profit and I think with some of the positives that I saw in April, this really could be a reality.
This month’s highlights included;
On a personal level, my wife was visiting until April 23rd so I was pretty distracted most of the month. That said, it was cool to see that my websites continue to generate income while her and I hung out and enjoyed our time together.
For those of you that are tired of hearing me report that I’m making over $10,000+ per month and wondering why it can’t happen to you, I highly recommend that you http://www.onehourprofessor.com/courses/“>take my free course that explains how to start an authority website.
Before I dive too deeply the income report, if this is your first time on my website let me explain why I write a detailed income report each month that outlines the money I made (or lost) each month.
I’m doing this for a number of reasons:
1) I strive to be transparent about what it takes to make money online.
2) These reports help me keep track of my own progress.
3) These reports hold me accountable.
In short, I don’t create these to gloat about my earnings. I create them to help you understand the true “earning curve” of online business. Now that we got that out of the way, let’s dive into the report.
|PRODUCT OR SERVICE||REVENUE||EXPENSES||NET INCOME|
|Aweber Email Platform||$8.70||$8.70|
|ShutterstoWebsite 5 Images||$12.50||$12.50|
|Udemy Course Sales||$24.90||$24.90|
|OHP Course Sales||$237.00||$237.00|
|Partners and Affiliates Revenue|
|Website 5 Partners and Affiliates||$2.16||$2.16|
|OHP Partners and Affiliates||$22.48||$22.48|
|Website 3 Partners and Affiliates||$27.99||$27.99|
|Website 4 Partners and Affiliates||$278.42||$278.42|
|Website 1UB Partners and Affiliates||$839.17||$839.17|
|Personal VLOG Channel||$8.25||$8.25|
|OHP YouTube Channel||$77.23||$77.23|
|Website 3 Media.net Ad Revenue||$25.50||$25.50|
|Website 4 Media.net Ad Revenue||$100.05||$100.05|
|Website 1UB Media.net Ad Revenue||$450.46||$450.46|
|Amazon FBA Revenue|
|Website 4 Calendar||$126.60||$126.60|
|Google Adsense Revenue|
|OHP Adsense Revenue||$7.18||$7.18|
|Website 2 Adsense Revenue||$11.74||$11.74|
|Website 5 Adsense Revenue||$234.07||$234.07|
|Website 4 Adsense Revenue||$299.64||$299.64|
|Website 3 Adsense Revenue||$1975.16||$1975.16|
|Website 1ub Adsense Revenue||$8347.67||$8347.67|
|Intuit Quick Books||$5.00||-$5.00|
|Adobe Photoshop Account||$10.61||-$10.61|
|Google Business Drive Storage and Apps||$12.09||-$12.09|
|Mailshake Email Software||$19.00||-$19.00|
|Freelance Labor Expenses|
|Freelance Writing and Editing||$557.06||-$557.06|
|Freelance Research and Labor||$1090.19||-$1090.19|
|Revenue By Channel||Website 1ub Website||Website 3||OHP Website||Website 4||Website 2||Website 5||Consulting||Udemy||YouTube|
|January 2018||$7993.31 ||$467.71 ||$757.59 ||$718.04 ||$14.26 ||$486.99 ||$0||$113.95 ||$67.06
Every month I have income that streams in from multiple sources and quite frankly, a lot of that is pretty regular. However, each month I tend to see a few line items that are drastically different from the prior month. In this section, I only discuss the items that have increased or decreased significantly.
There were two items that jumped out to me this month:
Similar to the income I make every month, there are certain expenses that I consider “fixed”. As I did in the income area, I’m only going to discuss the outliers or new items added as expenses.
I’m happy to report that I have absolutely no expense outliers for the month. This is now the second month in a row that I’ve tried to stick to a regular budget and it seems like I can do this moving forward. I will say that in the month of a I’m bringing on another research assistant to help me find some link building opportunities, but that’s only going to be an extra $200 for the month.
Website 1UB Update: The amazing virality of this website died down in April, but it still continued to bring in some serious money for my online portfolio. As I’ve said in the past, I really don’t do too much work here and at this point it’s pretty much on autopilot. I have a few things in the works to try to increase the income a little bit more on this website including a few additional partnerships.
First off, I found another service that will pay me for leads that I can generate. Unfortunately, the cost per lead is just around $10, but I’d much rather get $10 from a lead instead of nothing at all.
Secondly, I’ve reapplied to the Indeed.com affiliate program. I’m not really sure if going to accept me, but I’m hopeful that I can get back on there since it’s a new contact that I’m speaking with. We’ll see what happens here.
Consulting Update: No consulting agreements for the month. If you’re interested in my consulting services, http://www.onehourprofessor.com/contact” rel=”nofollow”>http://www.onehourprofessor.com/contact“>shoot me an email. Note: My consulting is currently $250 USD/hr.
Udemy Update: Another pretty weak month from Udemy in terms of course sales, but I’m totally fine with it. I’ve essentially given up on this income source and anything that continues to come in is completely passive.
OHP Website Update: I FINALLY have some good news on this front. Now that I’m back in the United States and my soon to be partner in this endeavor is less busy at work, we‘re beginning to start planning how our podcast is going to work.
Just before I wrote this income report, I answered an artist we’re using to create the podcast cover art. Were still working out the logistics of how the podcast is going to work and how we can produce the entire thing, but I really think it’s going to be fun and I’m excited about it.
More to come on this front once we delve deeper into the logistics of making it work.
Website 3 Update: This website is really starting to get me excited because the market potential is much bigger than anything else I currently have. I feel that April was a turning point for this website and I’m now starting to see the rewards for the work that I’ve done over the last two years.
Here are some stats for Website 3:
Website 4 Update:
This website finally went down in earnings and while I wasn’t happy to see it, I gotta say that this website has really surpassed all of my expectations. I think that realistically I can expect somewhere between $750 to $1000 every month moving forward.
I could easily sell this one and move on to something else, or I could try to launch another Amazon FBA product to it, but for now I’m going to leave it as is and see how it goes.
I think it’s important to mention that one of the reasons I think the website had less page views in April is because Facebook changed some of their policies and because of this, many of the typical posts that go into the Facebook group for the community of people who follow this website were never published.
Because that happened, there were a lot less clicks to Amazon for commissions and earnings suffered.
I just fixed this today, so that shouldn’t be the case in May.
Here are my statistics for this website so far:
|Month||Pageviews||Referring Domains||Total Earnings|
Website 5 Update: This website pretty much stayed the same from March to April. I’ll be honest in saying that this was good to see considering I was worried that Armageddon was going to continue for this one.
My focus was 100% on this website until Website 3 recently started earning significant income and now all of my efforts have shifted to that entity.
With Website 5, I intend on leaving it as is for now and will continue to publish three blog posts to it every single week. I’m also still link building actively to this website and were in the midst of creating another database that should increase the pages of the website, but also the amount of links that it gets.
The way I see it, this website is going to be a monster once it’s finally doing what I know it can do, but it’s going to take a lot of time to get there.
Here are my statistics for this website so far:
Every month, I’m going to reflect back and tell you a few different lessons that I’ve learned. My hope is that the lessons each month will be a cautionary tale for you that makes it so that you don’t make the dumb mistakes that I do along the way.
Settle Back in to my Normal Routine (SUCCESS)
Now that everything has died down and my wife isn’t around to distract me, everything is back to normal. I’m working my long days, but I’m able to focus on growing my business as much as possible in the year of 2018 and hopefully my wife and I can enjoy it in 2019. To be honest with you, I’m happiest when my schedule is completely open and I can do whatever I want to do every single day. I was able to do a lot of that in the month of April.
Get 20 links to Website 3 (FAIL)
Unfortunately, I was only able to get nine links to this website in the month of April. However, this wasn’t because of my lack of trying. It was because many of the people that I outreach to weren’t available for about a week and a half. I can’t get into too much detail without giving away the niche, but this website is in the public sector and there are certain holidays and times off that these people are entitled to.
Complete the Initial Database Buildout on Website 5 (FAIL)
I was very close to succeeding with this one, but it just didn’t happen. The database on Website 5 has been completed for all US entities, but I decided to go international with this database and there is still quite a bit of buildout to be done. That said, I have somebody working 40 hours a week on this and it’s expanding very quickly as their fully trained to do this project themselves.
30 Backlinks to my Portfolio
I have seen some serious success with my backlinks in the past and because of this, I want to focus a little bit more on them in the month of May. I think the past has shown that the more links I get, the more traffic I get and traffic on the websites means more money. So, I want to make sure that I get at least 30 back links to my portfolio of websites in the month of May.
Finish Building CK Database and Start New One
My assistant is getting close to finishing the International database buildout that I mentioned above, and I want to get her started on the new one that I plan on building. I’ve already had somebody doing research for this particular database, so I’ll reassign my assistant to begin the build out and to create the additional pages.
Get Plans All Set for the OHP Podcast
This goal is a little bit vague because I’m not sure exactly what we’re going to do yet, but I’d like to get everything figured out in the month of May so that we can start recording for our podcast in June. There’s definitely still a lot of things to figure out and I want to research how to do this successfully before we start interviewing people. Hopefully in the month of May we can get the plans all set.
What are your goals for the month? What questions do you have? Let me know in the comments below!