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May Income Report – Fewest Hours Worked in a Month

To everyone who is lucky enough to have the competing time commitments of a family, day job and working to build financial freedom through an online business I hope this monthly income report helps you.

Right now I am in the middle of another very demanding(but also enjoyable) time at my day job where for ~50 days my hours are often 5am-9pm (not including commute).

Work Life Balance – The desire for balance with my current schedule is not reasonable.However I have started trying to think through the balance question a little differently…over what time period do we consider having balance? Balance every day is currently not possible….waiting until retirement for balance is stupidity. Finding the right time period to havebalance is important! After this busy period I will need to re-commit to what is important and make the sacrifices on the not as important things (TV, sleep, exercise, socializing/partying without my family) in order to spend as much time with my family as possible and continue to grow a solid 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:

Continue reading

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

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:

Continue reading

February Income – Worst Month

This monthly report hurt to write…a substantial down month in the services business hits the bottom line!

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:

Continue reading

January 2015 Income Post

Welcome to the first income and goals report in 2015.

For 2015 I have set new goals and each months income/goals progress report will reflect my slightly adjusted focus vs 2014.

My overall goal….reaching $15k/month in RELIABLE online income by the age of 35 (5 years to go)Continue reading

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