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Income Report Roundup – Dec 2019

December is often a slow month for online business. Unless you are in an industry that can take advantage of the Christmas shopping period, you might see traffic dip quite significantly. But slow traffic doesn’t mean you have to slow down, just be sure to take some time to enjoy the holiday season as well! 

The team internally has been pushing hard to finish up Q4 and get ready for a big year in 2020! 

There are a few growth opportunities the team is busy working away on and I am very excited about! More on these will be revealed over the coming months. 

#1 Takeaway – Goals – Several of the websites on our list saw revenue and traffic (expectedly) dip during December. This is why our number #1 tip for December is to stay focused on your growth goals. Use these slow periods to invest in your future, instead of becoming discouraged. Don’t be complacent, here are a few ways you can set yourself up for the future:  

  • Accountability and Specifics – One of the most important parts of setting goals is to be specific and hold yourself accountable. Be very specific about the amount of traffic and revenue you are aiming toward. If you have clear metrics and numbers, you will find it easier to focus in on what you want. A big reason many of these entrepreneurs write these income reports is to hold themselves accountable!
  • Short and Long Term – It is important to separate your goals into long-term projects and short-term achievable goals. Have an idea of what you want from your business in the long run, but also give yourself goals that you can reach any given day. As an online entrepreneur, there is always something you can do in the short term to improve – whether it is generating content, working on SEO, narrowing in on a niche, or more! 

Quick December Update on my End:

  • Posts at AuthorityWebsiteIncome.com (more to come!)
  • Family trip before skiing takes over our lives for the winter
  • ContentRefined is set to beta-test a new service – something big is coming!
  • blade.software user base has grown nicely – see dashboard
  • MotionInvest is continuing to see very large demand for its services
  • Ski Hills opened the earliest they ever have! 

My Reason for This Round Up:

When I started my online entrepreneurship journey I took a lot of inspiration from others that were sharing everything they did online. Seeing that people like me were making REAL money and that the opportunity to replace my day job was possible. 

It has been 3 years since I left my day job – https://authoritywebsiteincome.com/quit-my-job/

The more transparent the report the more I appreciated and was motivated by it. 

Over the years I have tried to be as transparent as possible sharing along the way my goals, business successes/failures and the ultimate results(profits). 

After years of sharing monthly income posts I decided that it made sense to stop these… a decision I actually regret as I wish I had found a way to keep sharing some of what I was doing. 

My reason for stopping was my online world and “real” worlds became more connected and it was becoming very odd to share these numbers.  

Looking at many of the people that originally had an income round up posts they have also stopped. Namely the most famous in the space Pat Flynn no longer does income round ups. 

In this post I will cover…

  1. List of inspiring income report posts and how they earned their profits
  2. Recognize motivating people showing not just telling people the results they are achieving
  3. Learn from others – What the key learning is from the people

Last Month Profit – $20,757.55

Name – Ron Stefanski

Website – onehourprofessor.com

Business Model – Authority Affiliate Site      

Income Report – https://www.onehourprofessor.com/december-2019-monthly-income-report/

Key Lesson(s):

  • Ron finds December to be a stressful month, as traffic tends to dip. 
  • A competitor was stealing some of the top terms from Ron’s most successful website. Ron sees this as a big drawback of having one main point of failure (one website that makes the most money). Ron has some fixes in mind to fix these problems in 2020. 
  • Overall, 2019 was a big success! Ron has been able to surpass his goals in traffic and revenue each year. 
  • The overall growth rate has been great! (look at the graph below)

·            

Checkout the video I did with Ron and be sure to read his gripping story here!

Last Month Profit – $4,051

Name – Lidiya

Website – letsreachsuccess.com

Business Model – Blogging

Income Report – https://letsreachsuccess.com/earn-over-4000-blogging/

Key Lesson(s):

  • Lidiya focused on SEO this month, including deleting a substantial amount of old, outdated content. This way, Google can stop crawling thin content and focus on the long form content she wants to promote. 
  • Lidiya created a new freebie for subscribers, a comprehensive blogging guide! Hopefully this will incentivize even more subscribers.  
  • Lidiya saw her traffic drop pretty significantly this month, but she knows this is pretty normal for December and January. 
  • She published 23 new articles on the blog this month. 

Last Month Profit – no update this month

Name – Spencer Haws

Website – NichePursuits.com

Business Model – Authority Affiliate Site

Income Report – https://www.nichepursuits.com/get-ready-niche-site-project-4/

Key Lesson(s):

  • No income report published this month.

Last Month Profit – $3,178.22

Name – Johnny FD

Website – johnnyfd.com

Business Model – Mixed – Dropshipping & Investing

Income Report https://www.johnnyfd.com/2020/01/chiang-mai-expenses-costs-of-living-and.html

Key Lesson(s):

  • Johnny spent the month in Chiang Mai, Thailand, and attempted to live on a tight budget. 
  • Johnny earned less this month, but spent a lot less as well. 
  • Johnny invested a lot of money that he made from selling his dropshipping stores, and his investments performed quite well this year. He invested 90% of the income he made in the past two years. 
  • Johnny mainly works on his passion projects these days, including two podcasts and a Nomad Summit. 

Last Month Profit – $28,665

Name – Jon Dykstra

Website – fatstacksblog.com

Business Model – Authority Website (display ads)

Income Report – https://fatstacksblog.com/income-report-december-2019/

Key Lesson(s):

  • Revenue dropped in December due to lower traffic, but this was expected. 
  • Jon hired a new writer that he was quite happy with. 
  • Jon made the usual investments in content, but otherwise “coasted” through the month. 
  • Jon picked a new niche for one of his websites. He hired some new writers and will keep us updated as this goes on.  

Ryan Robinson

Last Month Profit – $22,344.89

Name – Ryan Robinson

Website – ryrob.com

Business Model – Authority Website (affiliate earnings)

Income Report – https://www.ryrob.com/blog-income-report-december-2019/

Key Lesson(s):

  • Ryan saw traffic stay roughly the same for December. Income dropped a bit but he was expecting this. 
  • Ryan spent time generating fresh content, publishing 2 long-form articles. He also focused on updating top-performing content. 
  • Ryan took a two-week vacation where he stepped away from any work whatsoever.  
  • Ryan wrapped up his website redesign project

Honourable Mentions:

Although they don’t do exactly income reports, there are a few reports that are worth mentioning and when they publish new reports I will be sure to include.

Last Month Profit – $8,101

Name – Jonathan Holmes

Website – CrowSurvival.com

Business Model – Authority Website (affiliate earnings)

Income Report – https://www.crowsurvival.com/income-report-january-2019-to-december-2019/

Key Lesson(s):

  • Jonathan has shown impressive earning and traffic growth since starting his site 2 years ago. 
  • It is unique to see the income report for an authority site on the authority site itself. Provides a great opportunity to really see how he has gone about achieving the results he has. 
  • Google core updates in December caused a large traffic impact (-30%)
  • Jonathan has some big content goals! 2,000 articles published by 2021

Am I missing any I should include? Please drop a message in the comment section below with anyone I should include next month!

Income Report Roundup – Nov 2019

November is an interesting month for online business! It can be great if you can take advantage of Black Friday and Cyber Monday. But besides that, it can be a rather slow month for web traffic, as people are so busy getting prepared for the Holidays. 

The team internally has been pushing hard to finish up Q4 and get ready for a big year in 2020! 

There are a few growth opportunities the team is busy working away on and I am very excited about! More on these will be revealed over the coming months. 

#1 Takeaway – Diversify – Several of the sites covered here have invested money in various areas to grow their businesses. Diversifying your online businesses is a great strategy so that you do not become too dependent on one form of online income, and are able to ride out rough patches. Here are some ways that some of these online entrepreneurs have diversified: 

  • Multiple Sites – One way to diversify as an online entrepreneur is to run multiple websites. This is a time intensive task, but you can minimize the work by contracting out certain tasks. This is a cyclical business by nature, but you can help to smooth this out by focusing on different websites within different niches – such as blogging, affiliate marketing, e-commerce, and more. 
  • Income – Successful online entrepreneurs also attempt to diversify their income sources. If you have money coming from different sources, you can withstand the occasional slow down. Try to generate multiple income methods – such as through advertising, affiliate marketing, freelance work, or selling your expertise. 
  • Single Failure Point (Traffic or Revenue) – It is hard to not have a single failure point with an online business, either Amazon or Google often hold the a LARGE amount of control. Finding ways to own the land you build your business on and become as insulated from the whims of some of the largest companies in the world is always a great goal!

Quick October Update on my End:

  • Big posts at AuthorityWebsiteIncome.com (more to come!)
  • ContentRefined is working towards a January launch of a new service
  • The growth rate for blade.software has continued to go crazy – see dashboard
  • MotionInvest has continued to demonstrate that there is an underserved need in buying/selling content sites efficiently!
  • Ski Hills opened the earliest they ever have! 

My Reason for This Round Up:

When I started my online entrepreneurship journey I took a lot of inspiration from others that were sharing everything they did online. Seeing that people like me were making REAL money and that the opportunity to replace my day job was possible. 

It has been 3 years since I left my day job – https://authoritywebsiteincome.com/quit-my-job/

The more transparent the report the more I appreciated and was motivated by it. 

Over the years I have tried to be as transparent as possible sharing along the way my goals, business successes/failures and the ultimate results(profits). 

After years of sharing monthly income posts I decided that it made sense to stop these… a decision I actually regret as I wish I had found a way to keep sharing some of what I was doing. My reason was as my online world and “real” worlds became more tangled.  

Looking at many of the people that originally had an income round up they have also stopped. Namely the most famous in the space Pat Flynn no longer does income round ups. 

I will cover…

  1. List of inspiring income report posts and how they earned their profits
  2. Recognize motivating people showing not just telling people the results they are achieving
  3. Learn from others – What the key learning is from the people

Last Month Profit – $17,387.76

Name – Ron Stefanski

Website – onehourprofessor.com

Business Model – Authority Affiliate Site      

Income Report – http://www.onehourprofessor.com/october-2019-monthly-income-report/

Key Lesson(s):

  • November was the second best month Ron ever had!
  • Although revenues were down slightly from October, Ron is very happy with the results. 
  • The reason for the profit decrease is Ron has been investing heavily in YouTube and other forms of advertising. His numbers have been a bit deflated because of it. 
  • Much of the growth is attributed to Google Auto Ads. However, Ron also wonders whether the auto ads have negatively influenced some of his site’s rankings. 
  • The overall growth rate has been great! (look at the graph below)

·             

Checkout the video I did with Ron and be sure to read his gripping story here!

Last Month Profit – $5,834

Name – Lidiya

Website – letsreachsuccess.com

Business Model – Blogging

Income Report – https://letsreachsuccess.com/make-5178-blogging/

Key Lesson(s):

  • Lidiya’s profits continue to grow, now into the high $5000 range.
  • Lidiya started a new side hustle this month. She is selling “printables” for bloggers through an Etsy page. 
  • For the first time in a few months, Lidiya saw her traffic decrease below 100K monthly page views. She is fine with this however, as during the holiday season people tend to spend more time online shopping. 
  • She took an SEO course and made some big changes to her content – including deleting off-topic posts, replacing broken links, and updating internal links. 

Last Month Profit – no update this month

Name – Spencer Haws

Website – NichePursuits.com

Business Model – Authority Affiliate Site

Income Report – https://www.nichepursuits.com/get-ready-niche-site-project-4/

Key Lesson(s):

  • No income report published this month.

Last Month Profit – $5,338.71

Name – Johnny FD

Website – johnnyfd.com

Business Model – Mixed – Dropshipping & Investing

Income Report – https://www.johnnyfd.com/2019/11/oct-2019-monthly-travel-expenses-and.html

Key Lesson(s):

  • Johnny did a lot of travelling this month to some tropical destinations. 
  • Most of Johnny’s income for the month was passive, including a few one-off marketing projects, and collecting on past invoices. 
  • Johnny is okay with passive projects for now, but feels he will have to rethink his approach if he doesn’t start making more money soon. 
  • He knows he can start more successful online businesses when he needs to, but he will see how the next few months go before making a decision. 

Last Month Profit – $38,158

Name – Jon Dykstra

Website – fatstacksblog.com

Business Model – Authority Website (display ads)

Income Report – https://fatstacksblog.com/income-report-october-2019/

Key Lesson(s):

  • Jon had a 15% drop in traffic, and is bracing for an even bigger drop in December, as is the norm. 
  • Jon is planning to order higher quality content for his sites, as well as diversify so he isn’t so dependant on a few sources. 
  • Jon tried a paid traffic strategy, which unfortunately was not successful. 
  • On the plus side, Jon saw his ad revenue go way up this month, especially with Black Friday and Cyber Monday.  

Ryan Robinson

Last Month Profit – $24,616.56

Name – Ryan Robinson

Website – ryrob.com

Business Model – Authority Website (affiliate earnings)

Income Report – https://www.ryrob.com/blog-income-report-october-2019/

Key Lesson(s):

  • Traffic went down slightly but it was still a good month for Ryan. 
  • Ryan focused on generating fresh content, publishing 4 long-form articles and updating some old articles. 
  • Ryan continues to work on his website redesign project, and is almost finished. 
  • Ryan saw income from his blog, from affiliate links, and from selling his comprehensive blogging course. 

Honourable Mentions:

Although they don’t do exactly income reports, there are a few reports that are worth mentioning and when they publish new reports I will be sure to include.

  • No honorable mentions this month

Am I missing any I should include? Please drop a message in the comment section below with anyone I should include next month!

Income Report Roundup – Oct 2019

October is typically a great month for online business! People are back from vacation, no BIG holidays and the weather isn’t always amazing so lots of people pushing to have a big Q4! 

The team internally has been especially productive in October and we were able to hit publish on some BIG guides here at my blog. 

There are a few growth opportunities the team is busy working away on and I am very excited about! More on these will be revealed over the coming months. 

#1 takeaway – Invest for Growth – Several of the sites covered here have invested money in various areas to grow their businesses. Although it resulted in decreased net income for some, the additional growth potential has set them up for more potential future success. They have invested in areas such as:

  • Advertising – Advertising your website can be highly effective in growing traffic. The key is knowing your target audience and crafting a campaign that reaches them effectively. Many entrepreneurs on this list have found a lot of success with Google ads.
  • Content Creation – One of the most effective SEO strategies for your blog is to create strong, relevant content. Some entrepreneurs used October to invest heavily in freelance writing to publish more and more content and drive traffic.

Quick October Update on my End:

  • MotionInvest made some pivots and has continued to be able to buy and sell great sites!
  • Transition month here in Canada with the bikes going away and getting the ski gear out!

My Reason for This Round Up:

When I started my online entrepreneurship journey I took a lot of inspiration from others that were sharing everything they did online. Seeing that people like me were making REAL money and that the opportunity to replace my day job was possible. 

It has been 3 years since I left my day job – https://authoritywebsiteincome.com/quit-my-job/

The more transparent the report the more I appreciated and was motivated by it. 

Over the years I have tried to be as transparent as possible sharing along the way my goals, business successes/failures and the ultimate results(profits). 

After years of sharing monthly income posts I decided that it made sense to stop these… a decision I actually regret as I wish I had found a way to keep sharing some of what I was doing. My reason was as my online world and “real” worlds became more tangled.  

Looking at many of the people that originally had an income round up they have also stopped. Namely the most famous in the space Pat Flynn no longer does income round ups. 

I will cover…

  1. List of inspiring income report posts and how they earned their profits
  2. Recognize motivating people showing not just telling people the results they are achieving
  3. Learn from others – What the key learning is from the people

Last Month Profit – $20,374.95

Name – Ron Stefanski

Website – onehourprofessor.com

Business Model – Authority Affiliate Site      

Income Report – http://www.onehourprofessor.com/october-2019-monthly-income-report/

Key Lesson(s):

  • October was the best month Ron ever had!
  • Ron began to use Google AdSense auto ads on his websites, which he accounts for about a 10% increase in revenue! Great return on investment.
  • Ron began to invest heavily in YouTube ads as well. So although his net income stayed about the same (due to the extra investment), his revenue actually grew a lot.
  • The overall growth rate has been incredible! (look at the graph below)

·             

Checkout the video I did with Ron and be sure to read his gripping story here!

Last Month Profit – $5178

Name – Lidiya

Website – letsreachsuccess.com

Business Model – Blogging

Income Report – https://letsreachsuccess.com/make-5178-blogging/

Key Lesson(s):

  • Lidiya’s profits continue to grow, now into the $5000 range.
  • Content is key: Lidiya spends most of her time ensuring that her content is top notch and relevant.
  • Lidiya invested more effort into her email marketing. This included building her email list and staying in touch with her subscribers, including working on offering more “freebies” to get more subscriptions.
  • She began using automation and sequencing to introduce new people to her brand.

Last Month Profit – no update this month

Name – Spencer Haws

Website – NichePursuits.com

Business Model – Authority Affiliate Site

Income Report – https://www.nichepursuits.com/get-ready-niche-site-project-4/

Key Lesson(s):

  • No income report published this month.

Last Month Profit – $3105.33

Name – Johnny FD

Website – johnnyfd.com

Business Model – Mixed – Dropshipping & Investing

Income Report – https://www.johnnyfd.com/2019/11/oct-2019-monthly-travel-expenses-and.html

Key Lesson(s):

  • Johnny’s income for the month came from investments that he made when he sold his previous dropshipping business.
  • Although this was his lowest profit month in, he is not too stressed. He knows he will need another revenue stream soon, and is working on a plan for one.
  • Johnny is hesitant to start another dropshipping business because of the time and effort involved.
  • He remains a partner in a few dropshipping stores that he helped build, receiving about 15% of profits. His goal is to sell these stores after 12 months of consistent profit. 

Last Month Profit – $38,158

Name – Jon Dykstra

Website – fatstacksblog.com

Business Model – Authority Website (display ads)

Income Report – https://fatstacksblog.com/income-report-october-2019/

Key Lesson(s):

  • Jon found his website traffic and his RPMs go up in October, which is unusual for him in Fall.
  • Jon moved all of his websites to Ezoic, because he saw great results in September from moving two of his sites to that platform.
  • Jon started a tagging strategy in October, tagging about 3,500 posts!
  • Jon’s income reports do not include his income from Fat Stacks Blog, but from the niche sites that he owns.

Ryan Robinson

Last Month Profit – $21,200.09

Name – Ryan Robinson

Website – ryrob.com

Business Model – Authority Website (affiliate earnings)

Income Report – https://www.ryrob.com/blog-income-report-october-2019/

Key Lesson(s):

  • Traffic went up significantly! Went up to 459,996 unique readers and 561,732 unique sessions.
  • Ryan published 9 new long form articles on blogging-related topics.
  • Expenses went up a bit in October due to publishing more content with freelance writers.
  • Ryan kicked off a complete website redesign process, which was also a cause for the increase in expenses.

Honourable Mentions:

Although they don’t do exactly income reports there are a few reports that are worth mentioning and when they publish new reports I will be sure to include.

  • No honorable mentions this month

Am I missing any I should include? Please drop a message in the comment section below with anyone I should include next month!

September 2019 Income Report Roundup

Sep is one of my 2-3 favourite months for me in my business! Every one of my major businesses has been launched in Sep and I wanted to make sure 2019 was no different with a BIG push for the launch of MotionInvest.com 

Over the years for whatever reason I seem to have found I have a pace to my work which involves three phases to the year…

  • Build & Launch – Sep-Dec
  • Stabilize – Jan-Apr
  • Systematize / Rest – May-Aug

This year the big push in the build/launch phase is the blockchain project extensions BLADE and more relevant to this audience is MotionInvest where Spencer Haws and I are directly buying and selling websites. 

Longer hours and more action… in this phase if I am not making people uncomfortable with the pace I am pushing things it is a problem! I need to be not counting the hours and pushing hard. 

Based on some of the income reports it seems like others are really focused on growing their businesses. 

#1 takeaway – Go in Depth – Several of the sites covered here have refocused in September around the topic of their sites. Having a  site cover a topic in depth on multiple channels helps achieve a few results…

  • More efficient creation of similar content – Jon Dykstra is using the years of content at FatStacksBlog as an input to his other content creation efforts (Video and Youtube)
  • Topical Authority – The more articles you have around a given topic the more authoritative Google views your site – Ryan Robinson has focused his prolific content creation around the topic of blogging to help his how to start a blog rank higher

Quick August Update on my End:

  • The growth rate for blade.software has started to go exponential – see dashboard
  • MotionInvest launched with a lot of success, lots of very positive feedback and only made a couple adjustments…
    • Adjustment 1 – Lots of people just wanted the site and not the value add SOP’s or coaching so split those out as an optional purchase
    • Adjustment 2 – Free trial for month 1 subscription 
  • Lots of biking with the family was still able to be done in Sep!

My Reason for This Round Up:

When I started my online entrepreneurship journey I took a lot of inspiration from others that were sharing everything they did online. Seeing that people like me were making REAL money and that the opportunity to replace my day job was possible. 

It has been 3 years since I left my day job – https://authoritywebsiteincome.com/quit-my-job/

The more transparent the report the more I appreciated and was motivated by it. 

Over the years I have tried to be as transparent as possible sharing along the way my goals, business successes/failures and the ultimate results(profits). 

After years of sharing monthly income posts I decided that it made sense to stop these… a decision I actually regret as I wish I had found a way to keep sharing some of what I was doing. My reason was as my online world and “real” worlds became more tangled.  

Looking at many of the people that originally had an income round up they have also stopped. Namely the most famous in the space Pat Flynn no longer does income round ups. 

I will cover…

  1. List of inspiring income report posts and how they earned their profits
  2. Recognize motivating people showing not just telling people the results they are achieving
  3. Learn from others – What the key learning is from the people

Last Month Profit – $20.238.31
Name – Ron Stefanski
Website – onehourprofessor.com
Business Model – Authority Affiliate Site
Income Report – http://www.onehourprofessor.com/august-2019-monthly-income-report/
Key Lesson(s):

  • The best month ever for Ron! Congrats!
  • His main revenue generating site had a great month and he was surprised as he stated “The only thing that I’ve been focused on with this website in the last six months is updating content and with results like this, I have no question that this strategy works well.” This is a strategy we have had a lot of success with as well with clients from ContentRefined.com 
  • The overall growth rate has been incredible! (look at the graph below)

Let’s Reach Success

Last Month Profit – $4,800
Name – Lidiya
Website – letsreachsuccess.com
Business Model – Blogging
Income Report – https://letsreachsuccess.com/blog-income-report-pinterest-strategy/
Key Lesson(s):

  • ConvertKit wins another client, although I haven’t used it and I am happy with ActiveCampaign a lot of people are making the switch. 
  • The Pinterest strategy Lidiya is using is lean and clearly driving some results. If you have wanted to learn more about driving traffic to your blog check it out!
  • 35 blog posts published!

Last Month Profit – no update this month
Name – Spencer Haws
Website – NichePursuits.com
Business Model – Authority Affiliate Site
Income Report – https://www.nichepursuits.com/get-ready-niche-site-project-4/
Key Lesson(s):

  • No update this month

Last Month Profit – $6,238.21
Name – Johnny FD
Website – johnnyfd.com
Business Model – Mixed – Dropshipping & Investing
Income Report – https://www.johnnyfd.com/2019/10/sept-2019-monthly-travel-expenses-and.html
Key Lesson(s):

  • What is impressive about Johnny is the lifestyle he lived in Sep with expenses under $4k… what some people have in mortgage and vehicle expenses covered his entire month including a private jet, 3 trips and driving a ferrari! 
  • His big Sep focus was on his conference – invest like a boss!

Last Month Profit – $37,063 
Name – Jon Dykstra
Website – fatstacksblog.com
Business Model – Authority Website (display ads)
Income Report – https://fatstacksblog.com/income-report-august-2019/
Key Lesson(s):

  • Jon was prolific in Sep with new toys… lots of new video and audio equipment to help relaunch his YouTube channel and his soon to be launched PodCast channel. 
  • He is relaunching an EZoic review and case study which is looking promising
  • His income report does not include any revenue or expenses from his blog FatStacksBlog.com
  • It is interesting that Jon still finds it interesting to write the content himself on some of his sites. He enjoys it and is able to keep the rest of the machine moving while still creating content for his sites himself!

Last Month Profit – $25,280.27
Name – Ryan Robinson
Website – ryrob.com
Business Model – Authority Website (affiliate earnings)
Income Report – https://www.ryrob.com/blog-income-report-september-2019/
Key Lesson(s):

  • Almost 100k unique sessions up this month! That is a BIG increase congrats! 
  • 7 new LONG form guides on blogging related topics! 
  • Ryan is focusing his blog around the topic of blogging and trying to really drive the topical authority of his site around that niche. Currently his most popular articles cover a more widespread range of topics such as business ideas, books etc. By foucsing it should help signal to Goolge his blog is the authoity on blogging and therefore help rank his guide 1st which is his big money maker.

Honourable Mentions:

Although they don’t do exactly income reports there are a few reports that are worth mentioning and when they publish new reports I will be sure to include.

  • No honorable mentions this month

Am I missing any I should include? Please drop a message in the comment section below with anyone I should include next month!

August 2019 Income Round Up

August is typically a month where lots of online entrepreneurs enjoy the summer weather. Many of the reports below mention their appreciation for a source of income that gives them the flexibility to enjoy life in the summer!

#1 takeaway – Risk Mitigation: As entrepreneurs we are constantly pushing forward and sometimes don’t do the little things to make sure our business risks are mitigated. This often takes the form of relying on 3rd party services (email, hosting, payment processing, passwords etc) to hold our critical business data. There were 2 people this month that had scares which could have been a lot worse regarding 3rd party services holding their site and websites email list. My #1 takeaway this month is to refresh my monthly task of ensuring up to date backups of business critical infrastructure is taken! 

#2 takeaway – Prolific Commitment to Content: Many of the successful businesses in this group use the word “investment” and not “expense” when discussing content. The most expensive single outlay of capital by far is content for most of these businesses. 

  • 24k word pieces of content
  • $10k worth of content in a new site before the first monetization method is tested
  • 39 blog posts in a single month
  • $5k-$20k in content investment per month 
  • 75% of monthly expenses every month is an investment in content
  • 3 podcasts, big industry reports, content updates and 5 person marketing team! 

This analysis has me doubling down on the creation of some incredibly useful pieces of content (plus more than just words) that are in the works and coming out soon! 

Quick August Update on my End:

  • I have a significant focus on adbank.network and blade.software but in the rest of my business here were some of the key activities for Aug…
  • August was busy putting the final touches on the entity of MotionInvest.com and getting it ready for our soft launch in Sep and a larger push coming soon.
  • A rededicated focus the last 6 months to an ecommerce store with consistent content and executing 1 solid upgrade strategy per month has paid off with the sites best month in over 2 years!
  • ContentRefined was finalizing the plan for a couple big pushes in September during August including some team re-org.
  • My family summered hard with the kids out of school enjoying the cottage and lots of mountain biking 

My Reason for This Round Up:

When I started my online entrepreneurship journey I took a lot of inspiration from others that were sharing everything they did online. Seeing that people like me were making REAL money and that the opportunity to replace my day job was possible. 

It has been 3 years since I left my day job – https://authoritywebsiteincome.com/quit-my-job/

The more transparent the report the more I appreciated and was motivated by it. 

Over the years I have tried to be as transparent as possible sharing along the way my goals, business successes/failures and the ultimate results(profits). 

After years of sharing monthly income posts I decided that it made sense to stop these… a decision I actually regret as I wish I had found a way to keep sharing some of what I was doing. My reason was as my online world and “real” worlds became more tangled.  

Looking at many of the people that originally had an income round up they have also stopped. Namely the most famous in the space Pat Flynn no longer does income round ups. 

I will cover…

  1. List of inspiring income report posts and how they earned their profits
  2. Recognize motivating people showing not just telling people the results they are achieving
  3. Learn from others – What the key learning is from the people

Last Month Profit – $17,131.22

Name – Ron Stefanski

Website – onehourprofessor.com

Business Model – Authority Affiliate Site

Income Report – http://www.onehourprofessor.com/august-2019-monthly-income-report/

Key Lesson(s):

  • The overall growth rate has been incredible! (look at the graph below)
  • Technical challenge cost Ron a lot with a site being updated and having a noindex, nofollow not removed when the site was moved from staging to production
  • Content is by far the biggest expense with a $10k investment in content in a new site without turning on any source of earnings from it

Last Month Profit – $4,590

Name – Lidiya

Website – letsreachsuccess.com

Business Model – Blogging

Income Report – https://letsreachsuccess.com/earned-4590-online-last-month-business-vision/

Key Lesson(s):

  • Interesting self reflection on aiming to make six figures from blogging
  • 39 blog posts published on her site in August! Continues to publish prolifically

Last Month Profit – no update this month

Name – Spencer Haws

Website – NichePursuits.com

Business Model – Authority Affiliate Site

Income Report – https://www.nichepursuits.com/get-ready-niche-site-project-4/

Key Lesson(s):

  • No update this month

Last Month Profit – $4,026.72

Name – Johnny FD

Website – johnnyfd.com

Business Model – Mixed – Dropshipping & Investing

Income Report – https://www.johnnyfd.com/2019/09/aug-2019-monthly-travel-expenses-income.html

Key Lesson(s):

  • One of the only people on here whose business model is dropshipping via a shopify store. It can be a great model with a few more moving parts/opportunities for optimization vs a typical content site
  • With a busy fall travel schedule he seems to have really prioritized the lifestyle side for the month with lots of gym time and relaxing time!

Last Month Profit – $38,047 

Name – Jon Dykstra

Website – fatstacksblog.com

Business Model – Authority Website (display ads)

Income Report – https://fatstacksblog.com/income-report-august-2019/

Key Lesson(s):

  • Jon had a scare this month where he thought his database of email subscribers may have been lost! This is not something that I have historically backed up but based on Jon’s scare I am adding it to my monthly task of backing up critical business data!
  • Optimization mindset – Jon is great at always looking at tweaks to make small incremental improvements! For one site he optimized image hosting saving him $300/month, he jokes that it will help pay for netflix but in all reality if he continues to find a $300/month savings every month in 1 year his entities value will have increased by over $100k (monthly savings 300×12)*(business valuation 3x annual earnings)

Last Month Profit – $30,814

Name – Ryan Robinson

Website – ryrob.com

Business Model – Authority Website (affiliate earnings)

Income Report – https://www.ryrob.com/blog-income-report-august-2019/

Key Lesson(s):

  • This is the first month I have had Ryan on here, Maddie from ContentRefined who was on his podcast here mentioned I should include him!
  • Epic Content – Ryan has really focused on producing incredibly large posts 5000+ word minimum with some monsters at 24k words like his how to start a blog post

Honourable Mentions:

Although they don’t do exactly income reports there are a few reports that are worth mentioning and when they publish new reports I will be sure to include.

This month there is one other report I want to feature…

EmpireFlippers – Quarterly Report

$498k/month Revenue in Q2 2019 Published Aug 26, 2019

https://empireflippers.com/q2-report-april-may-june-2019/

Key Lesson(s):

  • Compounding growth over 6 years “If you roll up your sleeves, commit to work every day, and have a vision of the future for your business, then the compound interest you’ll gain might just change your life.” 
  • Content consistently everywhere, their content push on giant industry report, 3 podcasts, content updates to existing content has all resulted in over 50% of their inbound traffic being organic.  

Am I missing any I should include? Please drop a message in the comment section below with anyone I should include next month!

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