Income Report Roundup – Oct 2019
October is typically a great month for online business! People are back from vacation, no BIG holidays and the weather isn’t always amazing so lots of people pushing to have a big Q4!
October is typically a great month for online business! People are back from vacation, no BIG holidays and the weather isn’t always amazing so lots of people pushing to have a big Q4!
Sep is one of my 2-3 favourite months for me in my business! Every one of my major businesses has been launched in Sep and I wanted to make sure 2019 was no different with a BIG push for the launch of MotionInvest.com
Over the years for whatever reason I seem to have found I have a pace to my work which involves three phases to the year…
This year the big push in the build/launch phase is the blockchain project extensions BLADE and more relevant to this audience is MotionInvest where Spencer Haws and I are directly buying and selling websites.
Longer hours and more action… in this phase if I am not making people uncomfortable with the pace I am pushing things it is a problem! I need to be not counting the hours and pushing hard.
Based on some of the income reports it seems like others are really focused on growing their businesses.
#1 takeaway – Go in Depth – Several of the sites covered here have refocused in September around the topic of their sites. Having a site cover a topic in depth on multiple channels helps achieve a few results…
When I started my online entrepreneurship journey I took a lot of inspiration from others that were sharing everything they did online. Seeing that people like me were making REAL money and that the opportunity to replace my day job was possible.
It has been 3 years since I left my day job – https://websiteincome.com/quit-my-job/
The more transparent the report the more I appreciated and was motivated by it.
Over the years I have tried to be as transparent as possible sharing along the way my goals, business successes/failures and the ultimate results(profits).
After years of sharing monthly income posts I decided that it made sense to stop these… a decision I actually regret as I wish I had found a way to keep sharing some of what I was doing. My reason was as my online world and “real” worlds became more tangled.
Looking at many of the people that originally had an income round up they have also stopped. Namely the most famous in the space Pat Flynn no longer does income round ups.
I will cover…
Last Month Profit – $20.238.31
Name – Ron Stefanski
Website – onehourprofessor.com
Business Model – Authority Affiliate Site
Income Report – http://www.onehourprofessor.com/august-2019-monthly-income-report/
Key Lesson(s):
Last Month Profit – $4,800
Name – Lidiya
Website – letsreachsuccess.com
Business Model – Blogging
Income Report – https://letsreachsuccess.com/blog-income-report-pinterest-strategy/
Key Lesson(s):
Last Month Profit – no update this month
Name – Spencer Haws
Website – NichePursuits.com
Business Model – Authority Affiliate Site
Income Report – https://www.nichepursuits.com/get-ready-niche-site-project-4/
Key Lesson(s):
Last Month Profit – $6,238.21
Name – Johnny FD
Website – johnnyfd.com
Business Model – Mixed – Dropshipping & Investing
Income Report – https://www.johnnyfd.com/2019/10/sept-2019-monthly-travel-expenses-and.html
Key Lesson(s):
Last Month Profit – $37,063
Name – Jon Dykstra
Website – fatstacksblog.com
Business Model – Authority Website (display ads)
Income Report – https://fatstacksblog.com/income-report-august-2019/
Key Lesson(s):
Last Month Profit – $25,280.27
Name – Ryan Robinson
Website – ryrob.com
Business Model – Authority Website (affiliate earnings)
Income Report – https://www.ryrob.com/blog-income-report-september-2019/
Key Lesson(s):
Honourable Mentions:
Although they don’t do exactly income reports there are a few reports that are worth mentioning and when they publish new reports I will be sure to include.
Am I missing any I should include? Please drop a message in the comment section below with anyone I should include next month!
August is typically a month where lots of online entrepreneurs enjoy the summer weather. Many of the reports below mention their appreciation for a source of income that gives them the flexibility to enjoy life in the summer!
#1 takeaway – Risk Mitigation: As entrepreneurs we are constantly pushing forward and sometimes don’t do the little things to make sure our business risks are mitigated. This often takes the form of relying on 3rd party services (email, hosting, payment processing, passwords etc) to hold our critical business data. There were 2 people this month that had scares which could have been a lot worse regarding 3rd party services holding their site and websites email list. My #1 takeaway this month is to refresh my monthly task of ensuring up to date backups of business critical infrastructure is taken!
#2 takeaway – Prolific Commitment to Content: Many of the successful businesses in this group use the word “investment” and not “expense” when discussing content. The most expensive single outlay of capital by far is content for most of these businesses.
This analysis has me doubling down on the creation of some incredibly useful pieces of content (plus more than just words) that are in the works and coming out soon!
Quick August Update on my End:
My Reason for This Round Up:
When I started my online entrepreneurship journey I took a lot of inspiration from others that were sharing everything they did online. Seeing that people like me were making REAL money and that the opportunity to replace my day job was possible.
It has been 3 years since I left my day job – https://websiteincome.com/quit-my-job/
The more transparent the report the more I appreciated and was motivated by it.
Over the years I have tried to be as transparent as possible sharing along the way my goals, business successes/failures and the ultimate results(profits).
After years of sharing monthly income posts I decided that it made sense to stop these… a decision I actually regret as I wish I had found a way to keep sharing some of what I was doing. My reason was as my online world and “real” worlds became more tangled.
Looking at many of the people that originally had an income round up they have also stopped. Namely the most famous in the space Pat Flynn no longer does income round ups.
I will cover…
Last Month Profit – $17,131.22
Name – Ron Stefanski
Website – onehourprofessor.com
Business Model – Authority Affiliate Site
Income Report – http://www.onehourprofessor.com/august-2019-monthly-income-report/
Key Lesson(s):
Last Month Profit – $4,590
Name – Lidiya
Website – letsreachsuccess.com
Business Model – Blogging
Income Report – https://letsreachsuccess.com/earned-4590-online-last-month-business-vision/
Key Lesson(s):
Last Month Profit – no update this month
Name – Spencer Haws
Website – NichePursuits.com
Business Model – Authority Affiliate Site
Income Report – https://www.nichepursuits.com/get-ready-niche-site-project-4/
Key Lesson(s):
Last Month Profit – $4,026.72
Name – Johnny FD
Website – johnnyfd.com
Business Model – Mixed – Dropshipping & Investing
Income Report – https://www.johnnyfd.com/2019/09/aug-2019-monthly-travel-expenses-income.html
Key Lesson(s):
Last Month Profit – $38,047
Name – Jon Dykstra
Website – fatstacksblog.com
Business Model – Authority Website (display ads)
Income Report – https://fatstacksblog.com/income-report-august-2019/
Key Lesson(s):
Last Month Profit – $30,814
Name – Ryan Robinson
Website – ryrob.com
Business Model – Authority Website (affiliate earnings)
Income Report – https://www.ryrob.com/blog-income-report-august-2019/
Key Lesson(s):
Honourable Mentions:
Although they don’t do exactly income reports there are a few reports that are worth mentioning and when they publish new reports I will be sure to include.
This month there is one other report I want to feature…
EmpireFlippers – Quarterly Report
$498k/month Revenue in Q2 2019 Published Aug 26, 2019
https://empireflippers.com/q2-report-april-may-june-2019/
Key Lesson(s):
Am I missing any I should include? Please drop a message in the comment section below with anyone I should include next month!
When I started my online entrepreneurship journey I took a lot of inspiration from others that were sharing everything they did online.
It has been too long!
Since 2012 I had been almost always posting once/week with the exception of a couple 1 month breaks.
It has been A LOT longer and this post is to communicate…
My focus has been and continues to be on the project adbank.network where we have a real opportunity to cause some disruption to a giant problem!
The short version of what adbank does is it is an ad network build on the Ethereum blockchain that has payments transparently flow directly between advertiser and publisher with the middle mans cut finally being fully transparent!
If you are an advertiser or publisher you can test out the beta platform here – https://beta.adbank.network/
What is exciting is that many of the skills I have developed building my online businesses have been stretched executing on this project.
They are going nowhere, I have always been focused on building the systems/procedures and teams to continue the execution of the businesses with as little involvement from myself as possible.
So for each of the business divisions here is how they have fared with me not spending much/any time thinking about them…
I have continued to let this business slide especially on the monetization side it has been the hardest hit by my lack of focus.
It is relatively easy to systematize the articles (ContentRefined) and links (LightningRank) for the sites but the hard part is monitoring the monetization. Some of the assets continue to do well and even grow despite my lack of focus while others completely fell off the map from an earnings standpoint. Sites that once made $1k-$3k/month with the same traffic now are making almost zero because of a handful of very fixable reasons… affiliate program no longer exists, links broken, advertising paused due to handful of reasons.
I don’t see a lot of focus getting out here with the exception of a couple I have handed off to managers to run including focusing on the monetization of those sites.
This is the benefit of the systematized approach where many systems held and despite me not putting any thought into my portfolio sites the content from ContentRefined and links from LightningRank kept coming.
I am very proud of the managers on these businesses!
These businesses launched with the initial push from the AuthorityWebsiteIncome audience but without any support for the last months have continued to be strong performers.
Kelley at LightningRank plus another new business she launched off of nothing more then an email idea from me had their best months ever at the end of last year.
Maddie and ContentRefined has continued to grow bringing on additional staff in house and dialing in our ideal client (portfolio managers!)
Only useful articles!
Right now there is a large team that is pushing hard every day to get sites to perform well in Google leveraging great content and links.
As we push on this basic concept there are a lot of interesting learnings.
So… we will be sharing as much useful/actionable information as we can related to
The project adbank.network did a successful token sale and is now actively pushing on 3 primary fronts.
The tech development is going very well with plenty of challenges. We have delivered a working beta platofrm on the main net 2 months after ICO.
In addition we have hired a brilliant PH.D. In computer science with a specialty in machine learning and are continuing to grow the team.
A big part of our strategy is to seed the adoption of the disruptive technology by acquiring existing ad networks and converting them to the adbank platform.
With a patent pending on the application of AI to leverage transactions that occur on a blockchain to fight digital ad fraud we hope to have a winning position in the market.
It has been the craziest project I have been a part of. Very proud of the team behind adbank as well as the team that has continued to grow the other businesses with a giant lack of support from me. They are all very inspiring people!