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Record Income Numbers – November 2015

Building something substantial is pure and complete enjoyment…

What do I mean? Well watching my 2.5year old son build things sometimes physically(pushes chairs and the plastic kids table around to make a very wobbly but fun slide) and sometimes imaginary (pirate ship) it is clear he is never more engaged than when he is building something.

I believe many of us are the same way when it comes to our businesses. Building a new process or new business can result in our highest levels of engagement, productivity and fun!

November was a month where I was Building!

Often with my limited work hours I struggle to get past sustainment but November I was able to put time into building out new strategies!

The record results I believe highlight this fact.

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

  1. Passive Income Website Portfolio
  2. AuthorityWebsiteIncome Blog
  3. SEO &Expired Domain Services:
  4. Amazon FBA Business (seperate income report for specific details)

In this post I just speak about net income as I believe gross revenue is a vanity number for most online businesses.

If you would like to see changes to these income reports please let me know as I will be making adjustments in 2016.

Key Successes

  1. Amazon FBA Results – In November I had almost a full month under my belt for my FBA business and the results are great!
  2. Passive Income Portfolio – Great month between both my Amazon Affiliate sites, Student Loan Sites and my six figure challenge site. My passive income portfolio had a record month!
  3. Progress on New Service! I am not ready to discuss this yet but with some initial sales it is clear we have something that will offer a lot of value to many people!

Key Failures

  1. Ultimate PBN Building Guide – I poured HOURS into my ultimate guide for building PBNs and it is the most effective how to guide on the subject anywhere. The feedback on the guide has been great but has resulted in a slow down in some orders as people initially attempt to build a PBN themselves. My hope is this is only temporary as people realize the difficulty in building PBNs and see the cost and time savings having my team build them with my Done for You PBN Service.
  2. Still an Idiot –Lost $1,500 in 1 day with 1 mistake!On my Amazon FBA business I had a promotion code which I didn’t limit in number and as a result in the span of only a couple hours I lost $3,000 worth of product but was able to cancel ½ the sales before they shipped. Lucky for me my wife is doing a great job monitoring the account otherwise we could have lost all our inventory and not been able to benefit from the Black Friday and Cyber Monday push. This screw up prevented me from breaking through a new income milestone.
  3. Where Does the Money Go? I used to track $ in the bank target(not actual numbers)on this site and think that may need to come back. Just because my net income for the month is x doesn’t mean my businesses net worth goes up by x. Because of the costs around the FBA business, delays in getting affiliate checks etc there is a discrepancy. This discrepancy balances out over time but this month in particular saw a big spread from business liquid asset position increase vs income!

2015 Business Goals

goal

Download This Easy to Edit and Printable Goals Template – FREE

Part 1 – Passive Authority & Niche Website IncomeProfit/Loss

one

5 Goals in 2015 for my Website Portfolio Business

  1. Build Six Figure Website

NOVUPDATE – Even with a decent sized screw up where I let the site sit dead for 3 days the traffic numbers are up month over month. 3 articles per week plus the occasional 301 Building Block strategy is how I will continue to push this site. I still believe I am leaving a lot of money on the table with this site by not monetizing by category. It would certainly help this site but something simply not high enough on my priority list.

audience overview

overview

Nov Stats

  • Traffic =33,881
  • Income = $554

2. Continue Building Smaller Profitable “Niche” Sites

NOV UPDATE – Plan to restart building some Amazon affiliate sites focused on FBA potential niches in the coming months. No progress on this front yet.

3. Systematize Top 20 Sites in Portfolio

NOVUPDATE –Good progress on both improved monetization and content creation for many of my best sites!

4. Buy 2 Sites Per Month

NOVUPDATE: I purchased 1 interesting website in November, it has a TON of traffic but makes very little money. Not the typical type of site I buy but with as much traffic as it gets (50k/month!!) and as little money as it makes $150 I figured I would be able to do something with it!

  • GOAL = 22 sites purchased by Nov 2015
  • ACTUAL = 26 sites (+1 in Nov)

num 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 decent-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 to you of the bullet points above means the sales multiple will be lower

If you have an Amazon Affiliate site you are looking to sell please let me know!

5. Improve Monetization of Existing Sites

NOV UPDATE – Success in the numbers! Beyond just the seasonal push with my Amazon sites my student loan and six figure site had a record month!RECORD month for my niche website business! My student loan site (the one that AuthorityWebsiteIncome started as a case study to document also had a great month hitting the $2k/month mark).

PRIMARY GOAL – OVERALL INCOME FOR WEBSITE PORTFOLIO

passive net income

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.

3 Goals in 2015 for AuthorityWebsiteIncome.com

  1. Post 1-2 times per week

NOV UPDATE – Closing in on my target for the year. Will need to put a big push in December to hit my numbers!

  • Plan = 4
  • Actual = 6

total num post pub

2. 2 EPIC Posts Published

NOV UPDATE –SUCCESS!

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!

November saw an increase in traffic but still a long way off of my 30k goal!

audience

Part 3 – Services Business Profit/Loss

three

  1. Create Stand-Alone Business

NOVUPDATE –No changes

  1. Rework and Customize Systems

NOVUPDATE – No Changes

  1. Systematic Customer Acquisition

NOV UPDATE – No Changes

PRIMARY GOAL – STAND ALONE SYSTEMATIZED SERVICES BUSINESS

Plan to spend time at the end of December on this effort!

Overall Income Update

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

  • Target Net Income = $7,950
  • Actual net Income = $28,857
  • 2015 Average Monthly Net Income = $14,520

goal 15k

net income

Final Comments

Record numbers always make for a great report to write. I will continue to push my business to build a robust set of income streams with no single point of failure. Now that I am hitting my income numbers I am continuing to focus on ensuring the income comes from multiple primary sources. Both my services business and portfolio of sites have a heavy reliance on Google, my PBN and my content. Ideally I would like to find another source of traffic to drive to some portion of my website portfolio. In addition even my Amazon business is dependent on Google to some extent because my affiliate site works.

I know I am extremely fortunate to hit these numbers and don’t take it foregranted! The opportunities it opens up to my family can be life changing.

Good luck to everyone wrapping up 2015 strong and getting yourselves in a position to kill it in 2016!

About the Author Jon

I am a 33 year old husband, father of 3, engineer and a huge fan of developing systems to build useful and profitable websites. The reason I build online businesses is to provide financial independence for my family and yours AND so I can spend time outside skiing and biking with my family.
Jon Gillham, Online Entrepreneur

Leave a Comment:

21 comments
Daniel says December 6, 2015

Another record setting month – huge congratulations to you Jon! I never doubt you’ll able to break 15k/month consistently, and achieve this goal way earlier before 35 years old. You have set the benchmark really high and it’s amazing that you can pull this off with full time job and 2 children! Looking forward to another record breaking post, Jon.

Daniel

Reply
    Jon says December 6, 2015

    Thanks Daniel, the net income numbers often have sizeable swings so not banking on another record month for my services business in December. But… it is nice to now have a sizeable ecommerce play in the mix to counter the typcial slowdown in SEO/internet marketing services spend with a December holiday uptick in ecommerce spend. Seeing the benefits of diversification foresure! Hope things are going well with you!

    Reply
Financial Samurai says December 7, 2015

Nice job! After you get a couple more $25,000+ months, I think you’ll be able to get to $40,000+ only in a matter of time. Keep on focusing on the passive income figure!

S

Reply
    Jon says December 7, 2015

    Thanks Sam, hope things are well with you. Just read your Millionaire by 30 post… would love to see an update after FS has been killing it 🙂 But I understand!

    Reply
Anisul says December 7, 2015

Congrats Jon for record month. A more clearer breakdown of income would be easy to follow. of those 28k how much you earned from FBA and how much from services, websites etc?

Reply
    Jon says December 7, 2015

    Thanks for the feedback the bottom graph shows income by division and its share of the overall income month over month.

    I could make this cleaner and will incorporate that into my revised income reports starting next year.

    Reply
Al-Amin Kabir says December 7, 2015

Thanks for writing the details Jon.

November was also a great month for me. I sold one of my niche sites for over $50K 🙂

I’m inspired by you, btw!

Reply
    Jon says December 7, 2015

    Hi Al-Amin – Congrats on the sale! $50k that is awesome!

    Reply
Quinton Hamp says December 7, 2015

I’m impressed with the site acquisition. I think I;d be inclined to see if I can milk some more rankings or on-site optimizations from those 25 sites. Get each one of those up to $1k per month and you’ll be, well, sitting very nicely.

Good hustle!

Reply
    Jon says December 7, 2015

    Some of the 25sites are REALLY low earners…$10/month for some 🙂

    I have had some success of late getting better at getting content on all my sites. Just need to systematize my ongoing management of my portfolio more.

    Reply
Art Manville says December 7, 2015

Great job! Just wonder how much you could make if you were full time at this? I have been looking into the FBA program but is just seems like a lot more work with a lot more risk than my Amazon authority site which is doing really well.

It seems the promo code issue has lost a lof of people money and you were lucky not to be wiped out.

Keep up the great work and keep inspiring others to build something of their own.

Reply
    Jon says December 7, 2015

    Hi Art… that is a question I will likely find out one day 🙂 Congrats on your authority site. FBA is definitely more work…if you already have an Amazon site if there is a product you are selling a lot of it might be worth considering. Yah I am very fortunate my wife is on top of the stats/tracking to ensure we didn’t get killed… would have been a VERY VERY expensive mistake $10k+!

    Reply
paul chris says December 7, 2015

I have been following you from day one, and not just by reading but by taking actions as well. I am happy for your success and i hope to reach this stage very soon, i mean real soon.

Keep breaking records Jon 🙂

Reply
    Jon says December 7, 2015

    Hi Paul…awesome work and thanks for following me from the start! Really appreciated! Good luck with your site(s) and getting progress!

    Reply
Josh says December 7, 2015

I have been quietly following your sites and updates for some time. I am curious your output of cash to make this all work. I don’t have the knowledge you have acquired but and working towards similiar goals. As you pointed out with your $1500 mistake. The risk and ROI is hard for me to calculate. Especially when you have limited means and time for the side projects.

Keep up the good work.

Josh

Reply
    Jon says December 7, 2015

    Hey Josh, my total expenses are starting to get pretty large! Growth has come at the expense of profit margin in both my services business and the FBA business doesn’t have the same margins as other businesses. I haven’t shared Revenue numbers since I strongly believe they are the wrong focus area. I also agree that the way I show my income isn’t perfect as it doesn’t measure the return on my capital employed. Making 25k on 26k in revenue is certainly relevant when compared to making 25k on 50k in revenue (but the trade-off of focusing on the wrong number has me hesitant to share). Hope you understand.

    Reply
Andhy Fathoni says December 8, 2015

Wow Jon… That’s awesome!!!

What monetizing method you use for the 6 figure website ?? Is it adsense ??

Reply
Dominic Wells says December 8, 2015

Nice work Jon, very nice! I had a record month too but it’s nothing compared to yours 🙂

Great to see the FBA stuff working, that post you did a couple of months ago gave me some good ideas too!

Reply
Mike Appleton says December 9, 2015

Awesome job Jon.

Just come across your blog and your killing it, not sure how I haven’t come across you before.

Will definitely be keeping an eye out for more updates.

Keep at it.

Reply
Fajar says December 9, 2015

AMAZING..
How to earn $5-10K/mo with Adsense & Affiliates?. & how many budgeting for do that?..
I’ve tried :3

Reply
Rahul Yadav says December 31, 2015

This is very inspiring. It gives me the best external motivation to work on my website and enjoy this sweet passive income fruit.

Reply
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