Back on track after a big income dip!

This income report will be brief but I hope to share some valuable learning’s.

For 2015 I have set new goalsand each months income/goals progress report will reflect my slightly adjusted focus.

This monthly report will share all the details about the different “divisions” of my business and the progress towards each goal…

  1. Passive Income Website Portfolio
  2. AuthorityWebsiteIncome Blog
  3. Expired Domain Services:

Hopefully this post will give you some ideas on how to grow your business!

Key Successes

  1. Authority Site – Having the trust to stick with this project even though the traffic was not really knocking it out of the park has been tough but it is starting to see steady/solid growth.
  2. Custom Done For You PBN Building – After the “sky is falling” fear Google spread last October many people have quietly been killing it with PBNs and there was a lot of returning customers in April.

Key Failures

  1. Moving My Business Forward – Although it has been a good month many of my goals are continuing to slip this year.

2015 Business Goals

2015 business goalDownload This Easy to Edit and Printable Goals Template – FREE

 

Part 1 – Passive Authority& Niche Website IncomeProfit/Loss

one

No matter where my future business direction I would have a very very hard time giving up the fun of building, buying and running profitable websites.

5 Goals in 2015 for my Website Portfolio Business

1. Build Six Figure Website

APR UPDATE – Continued growth with organic search closing in on 100 visitors/day consistently.

channel

 

Mar Stats

  • Traffic =3,307
  • Income = $107

2. Continue Building Smaller Profitable “Niche” Sites

APR UPDATE –Several of the sites have generated some income and the return on this project will be positive but it is not the reliable earner I was hoping to create.

3. Systematize Top 20 Sites in Portfolio

APR UPDATE –No progress on this front

4. Buy 2 Sites Per Month

APR UPDATE:  I added a couple quickly built sites to my portfolio. These were from a reader who was looking end a project he had been working on. Neither are going to be great earners but the deal I thought made sense for all involved….

  • He was able to sell them quickly
  • Sold sites that were not making enough to justify listing at Empire Flippers or Flippa
  • GOAL = 8 sites purchased by Apr 2015
  • ACTUAL = 13 sites (+2 in Apr)

# of site purchased

If any readers are looking to sell their profitable site(s) quickly let me know by emailing me. I can let you know in 12hrs if I am interested and complete the purchase in 24-48hrs – Contact Me Here

5. Improve Monetization of Existing Sites

APR UPDATE – I find this work to be some of the best use of my time. Although it is sometimes not very exciting cross referencing stats to commissions or similar deep dive analysis it always pays off. In April I dug into the links on a couple of my sites and realized I was leaving a lot of money on the table. Sometimes I think I am a very slow learner…making similar mistakes over and over… “burning $1,800/month

PRIMARY GOAL – OVERALL INCOME FOR WEBSITE PORTFOLIO

passive income portfolio

Part 2 – Authority Website Income Blog Profit/Loss

two

My commitment on this site is to provide once per week posts from me in and one MONSTER of an ultimate guide a little later in the year.

3 Goals in 2015 for AuthorityWebsiteIncome.com

1. Post 1-2 times per week

APR UPDATE – I will be starting to slip a little on this goal but I have a good head start to hit my annual target.

  • Plan = 4
  • Actual = 4

post published on AWI

APR UPDATE – Very weak involvement from me here!

  • Interview = 0
  • Roundup = 0
  • Podcast = 0

2. 2 EPIC Posts Published

APR UPDATE –One mini-epic post has been published with me revealing the 301 building block strategy (Part 1, Part 2)

PRIMARY GOAL – GROW TO 30k VISITORS PER MONTH

audience overview

Part 3 – Services Business Profit/Loss

three

  1. Create Stand Alone Business

APR UPDATE – No progress towards this, this will come after #2 below has more progress.

  1. Rework and Customize Systems

APR UPDATE – Some solid progress this month with 3 new procedures overhauled.

  1. Systematic Customer Acquisition

APR UPDATE – Very slow progress but set up for a decent May

PRIMARY GOAL – STAND ALONE SYSTEMATIZED SERVICES BUSINESS

Overall Income Update

Original Monthly Net Income Target (original – $15k/month reliable income by age 35)

  • Target Net Income = $6,725
  • Actual net Income = $15,121.03
  • 2015 Average Monthly Net Income = $9,313

goal 15k

overall net income

Final Comments

In mid April my work schedule once again became very hectic with some added responsibility and VERY long days (5:00am to 10:00pm). Fitting in both family and time to grow the business is definitely a challenge but with a FANTASTIC team including a key Technical project manager and Business System project manager everything continues to move along well!

It is great to see the continued highly positive feedback from customers of the done for you PBN service.

message

Read More

Six Figure Challenge Results – The Benefits of Applying a System

Of all the six figure challenge members the one who has dug into this project the most has been Adam. His last post on the process he is using was the most commented on post and he follows up again with an EPIC post on exactly what he is doing to generate solid traffic and lay the foundation for a successful authority site.

Adam lays out exactly what has been working for him and the results he has achieved.

He has a ton to share and based on encouragement from the group he is considering sharing more of his strategies – if you like hist first two posts and want more useful information you can sign up to get more of his wildly in depth and useful information here (all free) (more…)

Read More

How to Hire a Quality Team for Cheap on oDesk in 2015

 

 

 

 

 

The reason I first started my online journey was when I discovered how incredibly efficient and fun building a  team and outsourcing could be.

Todays post from Sondra and David brings me back to what it was like discovering ODesk for the first time in 2007.

odesk-april

 

57,831 hours later I have learned a few things but also forgotten what it is like to get started.

David and Sondra provide some great insights and this could be the most important article you read on this site if you are looking to get started with building a team and outsourcing! (more…)

Read More

Income Report – March

After last months painful numbers I was really looking for some solid forward progress back to my goals and although I am not there yet progress is certainly being made.

For 2015 I have set new goals and each months income/goals progress report will reflect my slightly adjusted focus.

This monthly report will share all the details about the different “divisions” of my business and the progress towards each goal…

  1. Passive Income Website Portfolio
  2. AuthorityWebsiteIncome Blog
  3. Expired Domain Services:

(more…)

Read More

Paid Traffic to a Content Site. Does Online Arbitrage Still Exist?

Dev can always be relied on to provide some amazing insights and this post is no different.

One of the great parts of the six figure challenge is hearing about all the new ideas that people in the group are using to make their site successful!

Have a look at Deven’s post and enjoy! (more…)

Read More