May was an interesting month!
It was a month that started out very poorly and with my increased staff costs it was looking like it would be a tougher month than I would like. But… a strong end of the month for a few of the businesses really turned it around.
The team stepped up nicely and really pushed the business through the middle and end of the month.
Several parts of the business are not performing where we want them to be and we are working on making adjustments so we are more reliably hitting our goals!
The traffic to our money sites is growing very very nicely but our monetization is still weak.Continue reading
April was another very busy month.
Several businesses continue to perform extremely well and the increased team has definitely increased the amount of work we are able to get done.
Balancing tasks between immediate pay-off and long term growth is always tricky. Time will tell if we get that balance right!
My first 2 full time staff were a huge success and I am trying to grow my in house team rapidly adding 3 additional summer co-ops to determine the right size/makeup of my in house team.
This report covers the results of the business during April!
The Business “Divisions” For My Online Business:
Key Successes
2. Money Sites – With a reorganization of my internal team Kelley has taken over the running of my portfolio of sites and is doing a great job here! Although we didn’t see the earnings jump we really want it was a solid month.
3. BrandBuilders Turnkey Sites – The turnkey sites continue to be in HIGH demand! We sold out in a matter of hours and are continuing to scale again… you can get on the early bird list here.
4. Traveled Drove & Flew With 3 Kids Aged 4 and Under! – For any parents of little ones out there that have pulled off any trip you can relate to this being a success! My wife and I traveled to Florida with our 4yr, 2yr and 4 week old… 8hr drive and 2hr flight… no crying or screaming on the plane (although I am sure I aged from the trip).
Key Failures
Below is my businesses main goals for 2017…
3 Goals in 2016 for my Website Portfolio Business
Apr Update – The site is doing well with a solid increase in traffic. I need to improve my earnings per visitor but happy with the start of the site. To get to the target of this site crushing any mortgage payments I have to stay on it!
2. Buy 1 Site Per Month
Apr Update – Some interesting sites came my way this month but I decided they were a little too unstable for me to purchase. Although I didn’t buy a couple I was able to get them into the hands of some others who did buy them (I am definitely not a broker but if I can connect someone I will).
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…
If you have a profitable website you are looking to sell fast please let me know
3. Scalable New Site Creation Strategy adds $5k to Portfolio
Apr Update – Although the graph looks rough! The results are still promising and we will be working hard to really increase the earnings per visitor. Overall I am impressed with the strategy and the majority of this trend is the result of one site taking a seasonal nose dive.
PRIMARY GOAL – OVERALL INCOME FOR WEBSITE PORTFOLIO GROW TO $15k/MONTH CONSISTENTLY
Apr Update – Decent results for the portfolio, it fell a little short of the 10k target but still solid results!
3 Goals in 2015 for AuthorityWebsiteIncome.com
Apr Update – Second month in a row where I fell short on my weekly posting goal. Definitely going to beat myself up on this metric… need to push hard to deliver great posts. Last month I had one very interesting post published regarding a cool new tool that can constantly monitor your websites speed!
2. Systematic Promotion of my Content and Building of my List
Apr Update – No Progress – One of the team members joining will have it on her plate to help develop and execute and improved strategy here by the end of the summer
3. Increased Intelligence with Email Automation
Apr Update – No Progress – Need to carve out a dedicated workday to go through this!
PRIMARY GOAL – GROW TO 30k VISITORS PER MONTH
Apr Update – 13,175… Lots of work to do this year to hit this target! I will continue pushing!
Apr Update – Each business had new procedures created for them!
Apr Update – Work has begun on a complete new backend system for LightningRank management and are testing out new systems we will be ready to offer to existing clients soon.
Visit LightningRank.com for Link Building Services!
Apr Update – Maddie is doing an exceptional job delivering fantastic customer support and articles! We (and a new summer intern) are working hard to setup the data tracking to keep pushing the science of content marketing forward. See the post at the start of May here… rank content in Google with certainty.
4. BrandBuilders.io Structurally Well Setup & New Offering Launched
Apr Update – Achieved – expect a very interesting case study soon! The TurnKey affiliate sites ready in 24hrs are selling out in a handful of hours every time we launch!
PRIMARY GOAL – SYSTEMATIC GROWTH!
Apr Update – Expect a BIG case study on this
Original Monthly Net Income Target (original goal $15k/month reliable income by age 35)
Gross revenue is a vanity number for my business and I do not share it.
April was a very solid month. Just based on the timing of a few things there are some structural challenges to keeping this pace up for May. I am going to try and keep pushing the business forward while taking care to keep laying a strong foundation of procedures and team members.
April the in-house team doubled with summer students and I am excited to see how I can leverage their brains and enthusiasm to help out the business and this audience!
New month, new baby and a new income record! March was a busy month for the business with many new projects on the go.
Between the hiring of 2 additional staff in house and a BIG new project that is all about putting more capital to work in this space I am excited. Expect a very interesting case study soon about the new project and in particular the BrandBuilders.io deal structure.
It is still a challenge to ensure I am giving all projects the amount of attention they deserve especially with the arrival of my 3rd child and spending more time at home.
This report covers the results of the business during March!
The Business “Divisions” For My Online Business:
Key Successes
2. BrandBuilders Deal – The launch of the turnkey sites was CRAZY… they sold out in a matter of hours and we are quickly scaling to be able to handle additional volume! You can sign up for the early bird list here.
3. FBA Businesses – After a few months of struggles with the FBA businesses we have had the start of success on a few fronts with these brands and look
4. Quality of Applicants & New Hires – I posted a job to hire a summer intern and ended up with an incredible number of quality applicants! I am excited about the 3 people I will be adding to my in-house team and their potential contributions to the company and this website/audience.
Key Failures
Below is my businesses main goals for 2017…
3 Goals in 2016 for my Website Portfolio Business
Mar Update – The team is doing very well in the MortgageCrushingCompetition. Everyone struggles with the same issues of finding time to invest in this project but all sites are looking good!
2. Buy 1 Site Per Month
Mar Update – This was the first month in a long time where I did not actually add a content site into my portfolio! I did buy an Amazon FBA business and through an entity I will talk more about later we made another productized service acquisition but for me personally, I did not buy any content site!
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…
If you have a profitable website you are looking to sell fast please let me know
Amazon FBA, SAAS or Larger Websites I Can Close on Quickly As Well – Contact Me Here
3. Scalable New Site Creation Strategy adds $5k to Portfolio
Mar Update – This project is going well with a LOT of traffic rolling into these sites. The earnings are behind where I want them to be but I made some organization changes that have put Kelley who is a wiz with this stuff in charge of my portfolio with a CO-OP student to help part time.
PRIMARY GOAL – OVERALL INCOME FOR WEBSITE PORTFOLIO GROW TO $15k/MONTH CONSISTENTLY
Mar Update – The graph looks awesome! Except there is a one-time earnings event in here that will not be repeated. Definitely, have a lot of work to do to drive up the earnings for my sites. Many sites with great traffic but not earning enough from them, many tests are now underway.
3 Goals in 2015 for AuthorityWebsiteIncome.com
Mar Update – March was not my best month for the site! The posts were not as in depth as I would like and were more mind-set then tactical. I am working to fix that this month! My excuse… baby… but it is a weak excuse since we had ~9months to prepare for me not working much for a few days.
2. Systematic Promotion of my Content and Building of my List
Mar Update – No Progress – One of the team members joining will have it on her plate to help develop and execute and improved strategy here.
3. Increased Intelligence with Email Automation
Mar Update – Good progress last month with proper tagging, now it is up to me to better define the process.
PRIMARY GOAL – GROW TO 30k VISITORS PER MONTH
Mar Update – 17,257… Lots of work to do this year to hit this target! I will continue pushing!
Mar Update – Great continued focus from the manager of the services.
Mar Update – The ranking improvements we saw from the tests we ran are continuing this month!
Visit LightningRank.com for Link Building Services!
Mar Update – We have had an average compounding growth rate of 10.76%(PER WEEK) for 13weeks! Customers are thrilled and we are blowing through our targets. Many long hours are being put in by the team led by Maddie but we are very excited for what options we have for this business!
Visit ContentRefined.com for Content Marketing Services!
4. BrandBuilders.io Structurally Well Setup & New Offering Launched
Mar Update – Achieved – expect a very interesting case study soon! The TurnKey affiliate sites ready in 24hrs are fantastic and feedback has been great (selling out in under 24hrs again)!
PRIMARY GOAL – SYSTEMATIC GROWTH!
Mar Update – I will have some big news on this front soon!
Original Monthly Net Income Target (original goal $15k/month reliable income by age 35)
Gross revenue is a vanity number for my business and I do not share it.
March was a month where I definitely felt I started to be more active working on my business and not in it. The next phase of growth for the business I believe is clear and that is continuing to get better at managing my team, pushing out more value to my audience at AuthorityWebsiteIncome and focusing on my largest opportunities within my portfolio/investments.
There will be what I hope is a very interesting case study coming soon about how adding a 3rd option (not just sell/don’t sell) for world class operators who aren’t necessarily looking to sell but want to take some risk off the table. If this might apply to you please reach out to me and I can let you know more details.
Although February was a short month it was a very busy one! We have a lot of projects on the go and have the feeling of momentum behind many of them.
Definitely sometimes struggling to ensure I give new projects enough of a push before I try and hand them off. I have a concept that I am still thinking through but essentially it takes a 10x increase in my effort to onboard/launch a new business vs maintain it so I only have a limited amount of energy I can invest in those growth projects. When I have too many in the critical phase it doesn’t go well… but the flip side is that once I correctly get on onboarded it takes limited effort. So, basically I need to limit the number of growth projects, give them 110% focus and then not move until it is above my imaginery “self-sustaining” line.
In February, I was also very appreciative of my key team members both in house and over-seas they have been able to continually take on more and more work but what is most impressive is how much they are continually invested in growing the business which is fun! Although the dream was to work from home initially working from an office with talented staff pushing in the same direction is fun!
This report covers the results of the business over the course of February.
The Business “Divisions” For My Online Business:
Key Successes
Key Failures
Below is my businesses main goals for 2017…
3 Goals in 2016 for my Website Portfolio Business
Feb Update – The team is doing very well in the MortgageCrushingCompetition. Everyone struggles with the same issues of finding time to invest in this project but all sites are looking good!
2. Buy 1 Site Per Month
Feb Update – 1 larger site was purchased and a new business was spun up with a manager and investor. It is a unique dropshipping business that existed for 9 years and the deal had a substantial earnout component to it. So far it is performing on baseline for revenue with a lot of efficiencies already realized. We are looking at some nice growth opportunities moving forward.
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…
If you have a profitable website you are looking to sell fast please let me know
Amazon FBA, SAAS or Larger Websites I Can Close on Quickly As Well – Contact Me Here
3. Scalable New Site Creation Strategy adds $5k to Portfolio
Feb Update – Some great progress here! Several sites have started to perform well that were brand new builds using a unique strategy. The goal of this strategy is to add $5k/month to the portfolio.
PRIMARY GOAL – OVERALL INCOME FOR WEBSITE PORTFOLIO GROW TO $15k/MONTH CONSISTENTLY
Feb Update – With some changes in how one site is being monetized I had a big drop in earnings but expect it to bounce back nicely next month. Overall the portfolio is performing well in terms of traffic but not getting the level of attention it deserves!
3 Goals in 2015 for AuthorityWebsiteIncome.com
Feb Update – Some big posts were published in February including my post and tool about how to calculate your drop in amazon affiliate program earnings.
2. Systematic Promotion of my Content and Building of my List
Feb Update – No progress – need to develop system to systematically promote posts. With my Amazon Affiliate Program earnings calculation tool I did a bunch of outreach to let people know I had a tool for them to easily calculate the change in their earnings and as a result received a large number of links back.
3. Increased Intelligence with Email Automation
Feb Update – Progress moving all customers and contacts into one database with established tagging practises so we will be able to take the next step of applying some intelligent automation.
PRIMARY GOAL – GROW TO 30k VISITORS PER MONTH
Feb Update – Lots of work to do this year to hit this target! I will continue pushing!
Feb Update – Continued focus point during my meetings with each business manager. As businesses are growing we are continually finding ourselves outgrowing our systems and needing to adapt quickly.
Feb Update – The tests are part of the new systematic money site creation strategy that resulted in 37k visitors within a couple months after starting a series of sites. The results we are seeing are fantastic and are looking forward to continuing to explore these strategies with more tests.
Visit LightningRank.com for Link Building Services!
Feb Update – Another great month for this new and promising business. With happy customers, VERY low churn numbers we achieved the target growth rate. To hit our end of year goal it is clear we need to develop additional sales channels and branch into new markets. We expect some learning curves branching into additional markets but are looking forward to it! Maddie as mentioned above is doing a great job at taking care of all customers and growing the business.
Visit ContentRefined.com for Content Marketing Services!
4. BrandBuilders.io Structurally Well Setup & New Offering Launched
Feb Update – This goal I can now call complete for 2017! It is structurally well setup, new office for this business has been established and the team is growing. The TurnKey affiliate sites ready in 24hrs are fantastic and feedback has been great.
PRIMARY GOAL – SYSTEMATIC GROWTH!
Original Monthly Net Income Target (original goal $15k/month reliable income by age 35)
Gross revenue is a vanity number for my business and I do not share it.
Feb was a short month but definitely one where a lot of great progress was made. My disappointing performance with FBA is still a pain and I have some ways I am looking to solve it moving forward. In addition some great progress on setting up unique opportunities looking longer term, excited to keep the momentum going in March!
Hope your year is starting well!
In this income post I layout the goals for 2017 for my business and what parts of my business will be getting my focus and energy!
January was by the numbers not the start to the year I was looking for but as we were still getting a lot of the orders from a massive November wrapped up it is understandable.
Many new tests are looking like they are winners while several cash cows of my businesses seemed to stumble a bit in January.Continue reading