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June Income Report

June was one of the most eventful months in my online businesses history.

It is the month where I worked my last day at my day job and have now moved back to my hometown to pursue online entrepreneurship full time!

Lots happening in my life and online business in June… some good some less than ideal (see ankle/move story below) but all part of the adventure!

My Business Focus Points:

  1. Passive Income Website Portfolio
  2. AuthorityWebsiteIncome Blog
  3. SEO & Expired Domain Services:
  4. Amazon FBA Business
    • Brand #1
    • Brand #2
    • Brand #3
    • New Web App Project
Key Successes
  1. Email Opt In Sequence – (100 signups per day for FBA Business) –I have recently changed the sequence of driving people to Amazon to first send them through a squeeze page where they receive a marginal discount (5-15%) in exchange for their email. This has increased my opt in rate for that business to 100 per day!
  2. FBA Business #2 Now Live and Selling – Finally some promising progress on this partnership after several months of challenges and set backs we are now moving forward with the site holding solid with traffic and driving sales of our product on Amazon.
  3. SEO Consulting – Although I will continue to do this on a very limited scope I have enjoyed working
  4. Quit Job, Moved Houses and Setup in New Office With No Loss in Work – Lots of moving parts in June along with the usual Summer family/friend social commitments but we pulled off the move successfully and I am now setup in my new office crushing work.

My New Office Setup...

clever-office-new-office

My office is located in a co-working space in Collingwood Ontario called TheCleverOffice with some great waterfront views, fast internet, complimentary coffee/tea and a co-working community with tons of support it has made the migration to being setup and productive extremely efficient!

If you are ever happen to be in the area or want to work in proximity to me and my growing team feel free to find out more about the co-working space here.

Key Failures
  1. Tearing My Ankle Apart – Not exactly business related but still worth mentioning… the night before the moving truck came with several things left for me to move around I was playing baseball and tore my ankle up good! Definitely added a little complexity/pain to the move but it is what it is.

    WARNING CLICK TO REVEAL – Gross Picture for those weirdo’s (like me) that like seeing pictures of nasty bruises…

  2. Amazon Affiliate Challenges – The partnership Amazon Associate accounts I am apart of have had substantial problems with getting closed down by Amazon. This has hurt the performance of both partnerships. What is odd is that my personal account continues to not have problems. These challenges has me rethinking what had been my original plan to double down on the business model of investing in affiliate sites and turning into FBA businesses.
  3. My Email Marketing Sucks – My email marketing is terrible! This is nothing new but with the number of subscribers I am now getting across all my businesses my automation and follow up sequence is embarrassingly bad! Time to improve!

2016 Business Goals

Below is my businesses main goals for 2016
Picture1Download This Easy to Edit and Printable Goals Template – FREE
(Note - FBA Brand #2 Has Been Replaced With my SAAS Business)

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

Picture2 3 Goals in 2016 for my Website Portfolio Business
  1. Systematize Top 20 Sites in Portfolio
June Update – Top 20 sites is likely too many with my teams current setup. I have made good progress on the content side but need to tie it all together into a more coherent overall strategy.
  1. Buy 1 Site Per Month
June Update – I have continued to add 1 site to my portfolio a month but always looking for more sites that seem to be in my sweet spot… ~$100/month sites with someone looking for a quick sale.
  • GOAL = 1 Website
  • ACTUAL = 1 Decent Website Purchased
Picture3 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

If you have a site you are looking to sell fast please let me know

 
  1. Sell Websites Strategically for $100k Total
June Update – Still on track with good performance from group that took over the site.   PRIMARY GOAL - OVERALL INCOME FOR WEBSITE PORTFOLIO ABOVE $10k/MONTH Picture4 June Update – The loss of the Amazon affiliate accounts for the partnership businesses have hurt this months amazon associate income!

Part 2 - Authority Website Income Blog Profit/Loss

Picture5 3 Goals in 2015 for AuthorityWebsiteIncome.com
  1. Post Once Per Week
June Update – Posting 1 great post per week is continuing to be a challenge but with increased time I hope to be able to achieve/surpass this over the coming months!
  • Plan = 4
  • Actual = 3 Picture6
  1. 10x my Outreach
June Update – Success! Although most of the people I spoke to this month do not directly have a site to promote me I did connect with over 30 readers of AuthorityWebsiteIncome on Skype or Google Chat to discuss SEO or what improvements could be made to their site. This took a lot of work but really helped me understand more about the great readers of AuthorityWebsiteIncome.com. Everytime I survey this audience I am blown away by the calibre of the people that follow this site!
  1. Site Redesign – Completed!
June Update – Continuing to tweak but I can call this one complete! PRIMARY GOAL – GROW TO 30k VISITORS PER MONTH June Update – 19,182 uniques’ which represents a +124% year over year increase. I believe if I can achieve my weekly posting plus my 10x outreach I can achieve this goal bye the end of the year! Picture7

Part 3 - Services Business Profit/Loss

Picture8
  1. Systems Overhaul/Refresh
June Update - Big plans in August!  
  1. Improve email marking and sales automation
June Update - Big plans in June!  
  1. BrandBuilders.io Becomes The Go-To Resource for Done 4 You Amazon FBA Private Label Websites
June Update - Lots of exciting progress with this business. Many growing pains are resolved and the growth rate is keeping pace with the teams growth rate. PRIMARY GOAL – STAND ALONE SYSTEMATIZED SERVICES BUSINESS IN 2016  

Part 4 – Amazon FBA Business

Picture9
  1. Sell FBA Business for 30x with 3+ Solid Months
June Update - Money is in the bank, progress with the transition is going well with some setbacks (such as the amazon associate account getting hit).
  1. Launch Brand #2
June Update – One affiliate site is doing very well right now and could be a great fit but this project has been put on the backburner until I turn around Brand #3 with investors.
  1. Launch Brand #3
June Update – First sale in Amazon has occurred. This was about 3 weeks behind the original schedule and the loss of the affiliate site hurts but overall the business now has momentum going into the summer.
  1. ListingEagle.com– Hijack Monitoring Service
June Update – We crossed over the 100 user threshold and have been getting some great feedback with most other metrics remaining healthy! What I am most happy about this project is the team setup. With highly skilled developer, manager and advisers this business although not yet profitable is working well with all key metrics for a SAAS business strong… lifetime value, acquisition cost, churn, engagement etc… now we just need to grow faster! Picture10

Overall Income Update

Original Monthly Net Income Target (original goal $15k/month reliable income by age 35)
  • Target Net Income = $9,175
  • Actual net Income = $25,304.01
2016 Average Monthly Net Income = $30,034 (stretch goal is 30k average for the year) Picture11 Gross revenue is a vanity number for my business and I do not share it. Picture12

(note Amazon FBA Income May Be Off By A Little Here – FBA Affiliate Site Income Counted in Passive Income Portfolio – Total FBA Business Income ~$10k)

Final Comments

About the Author Jon Haver

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 Haver, Online Entrepreneur

Leave a Comment:

18 comments
Charl says July 5, 2016

Hi,

Could you provide some more information regarding the closure of the Amazon account? This is not something we hear of frequently, but can have a massive effect on businesses focusing on Amazon affiliate sales.

Reply
    Jon Haver says July 5, 2016

    Hi Charl

    This is something that is occurring more and more. The key is that everyone should be ensuring they are compliant with the Amazon TOS. I will try and share more information and the plans I have to help ensure all my sites are compliant.

    Jon

    Reply
      Anne says July 5, 2016

      I’d be happy to hear more as well. I know they are very difficult with sellers and have heard of affiliate accounts closed due to inappropriate email marketing methods (spam).

      Reply
        Jon Haver says July 5, 2016

        Hi Anne, any affiliate links being sent by email can get an associate account suspended.

        Reply
          Carl says July 15, 2016

          Hey Jon, yeah you can’t post any “offline” links. Under the TOS users must knowingly click a link from your website before going to Amazon.

          I was wondering if you got banned for promoting your own products? eg. getting the affiliate commissions for products that you are also selling private label through FBA?

          This is a plan I am putting together and just wanted to see if you know if you are able to promote your own products … can’t find the answer from Amazon.

          Cheers

          Reply
          Jon Haver says July 20, 2016

          Hi Carl, there is in the TOC a location that talks about the ability to promote your own products (or that is at least how I interpret it)… BUT don’t send any Affiliate links via email.

          Reply
Allen says July 5, 2016

Jon,

Glad to hear your family have settled in! Moving is stressful enough – but to keep on grinding and growing the business – awesome job!

Reply
    Jon Haver says July 5, 2016

    Thanks Allen, it was busy, the busted ankle the night before certainly added some complexity! Overall it was done pretty smoothly.

    Reply
Konrad Braun says July 5, 2016

Ouch Jon,
What a day to get yourself injured like that. Best of luck on the recovery.
Loving the view from your office window. Respect!
Konrad

Reply
    Jon Haver says July 5, 2016

    Thanks Konrad… tough to view the screens when its really sunny but I can’t help it with a view like that 🙂

    Reply
Anne says July 5, 2016

Ouch on that foot! That looks painful! I’m glad the move went well. Thanks for another interesting report!
(I just posted my first revenue report a few days ago 🙂 )

Reply
    Jon Haver says July 5, 2016

    Congrats Anne on your first income post. Keep pushing and I will follow along.

    Reply
Patrick says July 6, 2016

regarding issues with Amazon accounts – it seems a good idea to have several Amazon, AdSense etc accounts, just to lessen the impact on business if one of them (or more) got into trouble …

Reply
Mike says July 6, 2016

Jon

Thank you for sharing your journey.

I’m the GM for a large online entity. My goal is to take information from people like you combined with my experience and create multiple streams of income.

Being able to use your experiences as a “guidepost” is very helpful.

Thank you!

Cheers
Mike M.
Portland, Oregon

Reply
Atta says July 11, 2016

Thank you for sharing your income details! I am looking to start affiliate marketing but still wondering where to start.

Reply
Mahbub Osmane says July 22, 2016

You are growing smoothly, that’s good to hear. Keep it up.

Reply
Rod says July 24, 2016

Jon, you are a machine, and an inspiration. Great to read your successes. You are very organised. What multiple have you been paying on passive sites, and how do you avoid being scammed? I bought a site where the traffic crashed after buying as the seller pulled all their private network links.
Regards
Rod

Reply
Ethan says July 25, 2016

Site redesign looks good. Keep hearing your name dropped all over. Just heard you mentioned by Justin on the webequity show. You and Spencer are my go to guys to learn.

Ethan

Reply
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