Welcome to the June 2015 blog net income report! Below I will illustrate my total revenue for the month, as well as the detailed revenue streams. I will also show my total blog expenses for the month, and thus we will wind up with my monthly net income.
I have been watching many people around the blogosphere disclose their monthly online income, and quite honestly, I thought it would be a good idea to do the same. I am not disclosing any income from my day job as a Corporate Finance Manager. Instead, this will serve as a marker for the additional earnings I achieve as a result of my online endeavors and various side gigs.
Please understand that I am not disclosing this to make anyone jealous, only to serve as a very visual and tangible reminder that any of you reading this can achieve the same results…probably better even!
Advertising Sales: These are direct advertisements from various media companies. I have several sites which I own and have sectioned off that amount that I earn from those. I also place ads for clients of mine as well. These are other bloggers that I find advertising for, in which I keep a small percentage of the earnings for myself.
AdSense/Clickable Ads: These are the earnings I get from all of those banners you see spread throughout sites…they could be on the sidebar or even within the article itself. I actually keep the ads hidden and the only people that see them are the ones that find me through a search engine like Google or Yahoo. This way my more loyal readers aren’t bothered by the additional clutter and noise. This is an area I am always looking to increase.
Affiliate Earnings: These are the earnings you receive from selling other peoples (or your own) products on your website. Think of major players like Amazon Affiliates. If you put up their affiliate links people can buy items from Amazon from your site directly, which in turn earns you a portion of that revenue.
Misc Earnings: There will be always miscellaneous ways of earning income and racking up expenses! This misc. buckets is a collection of many items, some are recurring while others are one-off items. I might write an article for a major site and get paid $50 to do so. Or perhaps I help someone with organic link building. I also offer some minimal paid services for blog coaching and helping others start blogs…this earns me some additional income, but I haven’t widely publicized and advertised it to really grow that part of the business yet.
Summary and Conclusion
I totaled about $6,000 this month, not bad for additional side income. While it’s hard to complain about an extra $6,000 in earnings in a month, it is still a significant decline over my May blog earnings. What’s even a little more disappointing is that my expenses are down significantly this month as well, so that just goes to show my revenue took an even worse hit than usual. My business is often cyclical so it doesn’t worry me a ton. I have been steadily buying up more sites so I think I should start seeing a steady uptick in earnings soon. The advertising business runs a bit slower in the summer months and usually picks up in the fall, so we shall see how things progress.
I am transferring my article writing services to a new person. The other person was increasing in price too often, and the quality of writing was getting worse. My partner, whom you can see in the revenue split line, is going to stat helping out writing for some of my other sites. As always, I will continue to write for this one.
Lastly, many of you may have read my journey of increasing my net worth $400,000 in just 4 years that I shared awhile back. I was wondering if anyone was interested in seeing that data each month as well? Would you rather see just the income report, a combination of the income and net worth, or the two broken out into separate posts? I never hear back about this, but since I have been steadily following my net worth this year I am thinking of doing a post disclosing this information each month as well.
If you are interested in earning online income, and making $200,000 blogging, trust me it can be done! I’m telling you, the internet has opened up possibilities that used be non-existent. If I can start a website and earn money, then literally everyone else in the world can too! You just need to have a little patience, and a little persistence. If you’re inspired, I included a banner below for BlueHost, this was the Hosting company that I started with as well. They help you setup your site for free, and are one of the cheapest and more reliable hosting companies in the game!