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Income Report – October

October was a month where I found myself splitting time into multiple projects with the launch of my Amazon FBA business and creation of my completely free guide to building your own PBN (here)

Many many problems popped up in October with most of them being relatively new. For me new problems usually represent progress on a project/business. The problems that are an indication of us not doing a good job are recurring problems…I had some of those this month as well!

october-income-report-balancing-act

In this report I will talk through my monthly results for…

  1. Passive Income Website Portfolio
  2. AuthorityWebsiteIncome Blog
  3. Expired Domain Services:
  4. Amazon FBA Business

Continue reading

Income Report – September

Was I going to be able to continue with my record numbers or would I end up seeing a large dip in earnings this month…

September my Wife/kids spent a couple weeks visiting family and while I missed them it would have been foolish for me not to capitalize and throw more hours at my online business.

In this report I will talk through my monthly results for…

  1. Passive Income Website Portfolio
  2. AuthorityWebsiteIncome Blog
  3. Expired Domain Services:
  4. New Business To Report Next Month

Key Successes

  1. New Amazon FBA Strategy – Staying consistent with using my team, skills and resources with websites I have that are ranking I will be building an Amazon FBA business on the back of a couple of my sites. I talk more about the strategy here. Although I can’t call this a success yet I am happy that I am attacking this business with an advantage (sales from a couple of my sites).
  2. Six Figure Challenge Site Starting to Make Money – Although this has been slower and less than I would like my income for the site is starting to pick up.
  3. Improved Systems for Services Business – This is a never ending battle and one I know will never be over but on all fronts September saw upgrades to my procedures…
    1. contently.com being used for improved content quality
    2. Added additional management position which increased rate of site completion
  4. Work Ethic – This was never usually a problem but I had a couple months where I was not throwing myself at the business the way I should (partly due to very demanding day job hours). But I am happy to report that for the second month in a row my total hrs of TV watched would be close to zero and the habit of working hard every night has been firmly reformed.

Key Failures

  1. Cost Control – Although I don’t reveal my revenue and costs on this post I will say that my costs in September were the highest I have ever had! This is partially expected because the majority of my costs are variable and revenue is hitting new highs. However, all the cost increase is not efficient. I need to dig in and ensure no waste is creeping into my systems.
  2. Email Opt Ins – Both on this site and others I am way under-optimized for email capture and this is hurting my business. This is not a failure just in September but worth mentioning as a key failure because it went another month un-addressed.

 

2015 Business Goals

2015 goals

Download This Easy to Edit and Printable Goals Template – FREE

 

Part 1 – Passive Authority & Niche Website Income Profit/Loss

part 1

5 Goals in 2015 for my Website Portfolio Business

  1. Build Six Figure Website

SEP UPDATE – I was expecting a dip in Sep for seasonal reasons but the traffic trend continued to rise! Right now I am keeping the content machine working with 2 great writers and so far that plus my 301 Building Block strategy seems to be enough to keep the website growing!

audience overview

Sep Stats

  • Traffic = 28,976
  • Income = $453

 2. Continue Building Smaller Profitable “Niche” Sites

SEP UPDATE – Not currently being worked

3. Systematize Top 20 Sites in Portfolio

SEP UPDATE – Progress!! Finally… I am getting both some content and link building moving again on my top sites. The systems around this activity are not enough for it to sustain without my direct involvement.

4. Buy 2 Sites Per Month

SEP UPDATE:  3 Websites purchased in September! 1 was a very weak site <$20/month with another in the $250/month range and finally one that I hope will push $750/month.

  • GOAL = 18 sites purchased by Aug 2015
  • ACTUAL = 22 sites (+3 in Sep)

#site purchased

If any readers are looking to sell their profitable site(s) VERY 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

I have found the right sellers are those…

  • Looking to sell FAST (under 24hrs has been accomplished!) (shorter time for due diligence on my end increases risk for me)
  • Not wanting to spend a lot of time on the sales process (analytics and income proof is all I need)
  • Sites are medium-questionable quality (questionable SEO, non-native English articles are OK)
  • High quality sites making over $500/month often make sense to sell via other channels (EmpireFlippers is a great marketplace)
  • Understand that the benefits of the bullet points above means the sales multiple will be lower
  • Contact Me To Sell Your Site Fast

 

5. Improve Monetization of Existing Sites

SEP UPDATE – Progress (finally), for some of my older sites I took some time to make changes, get other affiliate CPA programs and looking forward to seeing the impact in October.

 

PRIMARY GOAL – OVERALL INCOME FOR WEBSITE PORTFOLIO

passive net income

Having gotten through what should be a seasonal dip I believe I am on track for some solid months moving forward. 4 factors are moving in the right direction…

  • Adding new sites to my portfolio
  • Coming into the peak Amazon season
  • Changes made to a few of my bigger earning sites I hope we will see results in October
  • My six figure challenge site continuing to grow

With these 4 factors I am optimistic the slope of the trend-line over the last 3 months can continue.

 

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

SEP UPDATE – I slipped one week in Sep…

  • Plan = 4
  • Actual = 3

# post published

2. 2 EPIC Posts Published

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

3. PRIMARY GOAL – GROW TO 30k VISITORS PER MONTH

I have moved several posts to LightningRank.com which will put me a little behind on this goal…but no excuses I still want to hit this goal this year!

(spike in traffic at the end of the month is for my Amazon FBA Business Plan)

Part 3 – Services Business Profit/Loss

three

  1. Create Stand Alone Business

SEP UPDATE – Reviewing what the next steps need to be for phase 2 of the integration with Zaxaa.

  1. Rework and Customize Systems

SEP UPDATE – Small tweaks continue. The only way I will be able to tackle this is with a week long vacation deep diving into my teams procedures.

  1. Systematic Customer Acquisition

SEP UPDATE – No new streams for customer acquisition but affiliates, Market.Source-Wave.com and Perfect Audience PPC are still new channels for customer acquisition that are all working well.

PRIMARY GOAL – STAND ALONE SYSTEMATIZED SERVICES BUSINESS

This goal is within reach!

Overall Income Update

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

  • Target Net Income = $7,425
  • Actual net Income = $18,351
  • 2015 Average Monthly Net Income = $12,976

goal 15k

overall net income

Final Comments

After an amazing month by the metrics last month I am happy to report I was able to keep my income numbers up and record my 3rd highest income month online.

My final comment would be that there are an endless number of opportunities to build meaningful wealth online and the only thing between us and the opportunity is putting in the work.

Income Report – August

It has been 12 months since I broke over the $15k/month mark and 14 months since my peak of $21k…August has set a new record!

I will get into all the details below as always but first…

If you are looking for 1 key takeaway from Aug it is that any book that talks about do more/work less or similar is BS. I have reliably found that opportunity and results come when putting in the work. It is critical we are focusing on the right work (my 80-20 work activities) but taking a lot of action always seems to feed on itself and generate results.

This month is no different with a lot of action taken in July and continued through in August I am happy to report my best numbers ever this month.

In this report I will talk through my monthly results for…

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

Continue reading

July Income – Grinding it Out


July I was able to get back to working and building my online business and it felt great!

Although I didn’t get as much done in July as I had planned (rarely do) it was great to see forward movement on several of my goals for 2015 that hadn’t made much progress through the first 1/2 of 2015.

Income was solid again but I didn’t see an immediate uptick for my increased effort but believe the changes in July will pay dividends moving forward.

Already the first week in Aug has been a record week in part due to having the Top Selling product at the Source Wave marketplace – Done for You PBN Delivered in 24hrs w free hosting for 1 year! (great reasonably relevant introductory PBN offer & very promising Marketplace!)

In this report I will talk through my monthly results for…Continue reading

June Income Report – Almost At My Goal

As I write this income report I have to appreciate the symbolism…

Several times I have stated that the reason why I work the hours I work is to provide financial security to my family and be able to provide the life we choose (in addition to the fact online business is simply a lot of fun!).

What we are working towards is $15k/month in reliable online income by the age of 35 to be in a position to move back to our hometown if we choose.

As of this writing I am sitting in my first hard asset purchased primarily with income earned online (a rental/vacation condo in my home-town) working at my childhood desk moved from my parents garage attic.

If I was a better writer I would talk about the symbolism of where I came from (childhood desk) what I am doing (working on my online business) to get to where we want to be (our hometown).

Alas a picture will have to do…

My Vacation Office - A Little Rustic!

My Vacation Office – A Little Rustic!

June was a busy month again for my day job but as of this writing in July it is all wrapped up and I have a couple weeks to experience summer and dedicate more hours to my online business (expect a few overdue changes!).

In this report I will talk through my monthly results for…

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

Key Successes

  1. Systems – With my schedule and main project manager having gotten married in June the team is doing a fantastic job of continuing to provide the quality PBNs to our clients and also help to grow the website portfolio.
  2. Website Purchases –Several purchases have performed well and I have set up a solid tracking system to be aware of how each investment has done. Overall the returns have been healthy but there are also several big losers in the group. For sellers I seem to be the sweet spot for some people…
    • With Lower earning sites who don’t want to give up a relatively high % of their sales to a brokerage site
    • Who don’t want to go through the long, time consuming sales process of other sites(Flippa)
    • Who have sites who may not qualify for the more premium brokerage sellers (Empire Flippers)
    • Who are looking to sell CRAZY FAST (money in PayPal accounts in 24hrs)
    • (If you have a site making money and are looking to sell please contact me at jonhaver11 (at) gmail (dot) com
  3. Recovered Earnings – I mentioned the loss of income from missing some affiliate sales and this month I was able to get them all back. A $3,500 cheque showed up which was fantastic!

Key Failures

  1. Time – June was much like May when it comes to how many hours I was able to work on the business(way to few!).
  2. My 2015 Goals – I spent a lot of time on building my plans for 2015 and clearly I messed up…WAY to many goals. Just look at my income reports and you can see how many times I have not been able to progress a goal. Having so many it has left me more than a little unfocused!

2015 Business Goals

goal

Download 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

JUNEUPDATE – Week over week traffic growth continues. Income is not as strong as desired (over $100 again). My progress on publishing articles has slowed with the key PM stopping work during my busy period and me not being able to replace in time.

audience overview

June Stats

  • Traffic =10,523
  • Income = $162

2. Continue Building Smaller Profitable “Niche” Sites

JUNE UPDATE – Several small successes but the project I was working on is now on hold for me to free up time to focus on growing the sites I have.

3. Systematize Top 20 Sites in Portfolio

JUNEUPDATE –No progress on this front (again!)

4. Buy 2 Sites Per Month

JUNEUPDATE: One website was purchased…right now it is looking like it was definitely not a good purchase but overall I am still happy with my portfolios performance (although the total dollars invested remain relatively low).

  • GOAL = 12 sites purchased by June 2015
  • ACTUAL = 18 sites (+1 in June)

num of site purchased

If any readers are looking to sell their profitable site(s) VERY 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

JUNEUPDATE –GREAT NEWS…that $3,500 in missing commissions was realized in June. So a big uptick in income on my niche sites but controlling for the $3,500 I still had my second best month on my niche sites with $4k in net income. In July I expect to have a big effort to produce a detailed checklist and assign a team member to review all money sites each month to confirm this won’t be able to happen again.

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

JUNE UPDATE – As discussed last month I will be starting to slip on this front!

  • Plan = 4
  • Actual = 1

total num post published AWI

JUNE UPDATE – Very weak involvement from me here!

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

 

2. 2 EPIC Posts Published

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

3. PRIMARY GOAL – GROW TO 30k VISITORS PER MONTH

audience overview 2

Part 3 – Services Business Profit/Loss

three

  1. Create Stand Alone Business

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

  1. Rework and Customize Systems

JUNEUPDATE – Minimal progress but systems are holding!

  1. Systematic Customer Acquisition

JUNEUPDATE – Soft launch of affiliate program was a success (with a lot of hiccups) a more robust system is needed and is a big project for July!

PRIMARY GOAL – STAND ALONE SYSTEMATIZED SERVICES BUSINESS

In my 2 weeks vacation I have now this is the key business goal!

Overall Income Update

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

  • Target Net Income = $7,075
  • Actual net Income = $14,993
  • 2015 Average Monthly Net Income = $9,838
goal-15k

Red Line = Reliable Income Goal

overall net income

Final Comments

Overall from an income standpoint I flirted with the $15k mark but just missed it. A big $3,500 cheque and overall $4k performance in my passive income portfolio was great to see and boosted my overall earnings.

If there was one upside to me not being as involved in my business as I would like is that it provides me with both a an opportunity for problems to be exposed and a fresh perspective to see those problems. Because of this my to-do list in July is VERY long but working hard to focus on 1 thing until it is crushed!

I am in the middle of several improvements and looking forward to sharing those learning’s with everyone in the hopes it can help you in your business!

Hope your businesses are going well through the summer!

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