Welcome to my monthly income report! This is a series of reports that I will post each and every month summarizing my progress. I will talk about what projects I have started, what I’m working on, how things are progressing, what is and isn’t working, and different ideas I have for future months. This will help you as my reader to see what I am doing and possibly duplicate it if you are looking to build passive income as well. Understand that this income is “on the side of” my network marketing business and that before I started blogging, I knew nothing about making money online.
April 2016 Monthly Report- My First Dip!
Goals for May
We are moving across the country into our new home out in Wisconsin. The reason for letting you know this, is because our goals list may look a little shorter than normal this month. With that said, Income wise, we still plan on it being a good month.
- Create landing page for Pyramid Life(movin’ on up to this months list)
- 1000 Facebook Likes
- 500% increase in TUGRAF sales
- First paid commissions from The Wealthy Network to our affiliates
- Hit our official launch in The Wealthy Network
- income goal: $100,000 (10X rule)
Completed/Incomplete for April
- Create landing page for Pyramid Life
Piece of the Online Pie Products release(new blogging project)
- MLM players club started
Affiliate back offices pre-launched
Two more guest posts scheduled
Auto responder emails rebranded and completed
- Two intensive packs sold
- 300% in TUGRAF gear sold-only hit 200% still a win
Relaunch Friday Happy Hour with new system( I am working on a collaboration with another blogger but am going to launch a Write For Us page to help with submissions)
- 1000 Facebook likes
- Wealthy Network T-shirt Line
- $$Income Goal: $150,000
- I’m 10X’ing my goal, don’t freak out. I was originally going to put 15,000 but I remembered I need to play like a champion this month.
What is working
Our membership site The Wealthy Network is officially kick-ass. We decided to extend our special for the month of May for all new joiners, so make sure to take a good look at it! Our coaching program was becoming super overwhelming with how many clients we had in the pipeline that we decided to transition into a membership site/affiliate program. T-shirt sales were pretty good this month, just shy of our goal. The Friday Happy Hour is off to an epic start, and we are getting tremendous feedback from all of our readers. The e-mail game has improved big time. I knew that my auto responders weren’t the highest quality, and we fixed it big time. Lastly, getting on Matthew Woodward’s income report round off was a huge boost in traffic and even helped me gain some followers!! Super excited about that JV.
What is not working
I’d say the biggest thing that didn’t work this month was just consistency with knowing our goals. I literally didn’t check our goals that much, making it a miracle we hit what we did. Income wise, it was not a great month (to our standards) but that had more to do with the amount of work we put into building our new site and less to do with actual clients wanting to sign up. Definitely next month, I will stay up with our current goals to make sure we hit more.
The most important metric on the entire blog – earning a subscription from someone is the ultimate form of commitment and conversion. This month, I got organized and broke my list up into segments so it’s a little too hard to take pictures. Anyway, here are the numbers!
- E-mail – 47 (23 last month)/ Total: 249
March: Improving slowly. I am going to be a little more aggressive this month and set a new goal of 300 subscribers. Let’s see how I do!
Last Month’s goal: Okay, I missed it by 92 subscribers. My second webinar didn’t catch as much fire as I thought it would this month, but I plan on changing that big time! I will keep my goal at 300. Something I can say for my list though that it is quality. Sometimes it is not about the quantity. I would rather have 200 qualified leads than 2000 people who don’t care about my niche.
Haha, and again, we are half way there!! A nice, healthy push in my opinion. Going to keep it at 300 till I hit that goal. I have some email ideas that will help push us over the edge.
- Twitter – 18 (274 last month)/ Total: 292
This is probably our best growth all year. I am learning how to get into conversations with people who have followings and it’s helping. Might do a case study on this. If you’re interested, comment below and I will do it!
- YouTube – 5 (27 last month)/ Total: 32
Growth! Haha, I have yet to see growth on Youtube AT ALL and the webinar changed that!
- Facebook – 21 (783 last month) / Total: 804
Creeping… slowly creeping to 1000. At least they’re all real.
Adsense- $0.46 ($2.28 last month)/Total: $14.56
BlueHost– $0($325.00 last month)/Total: $520.00
MyThemeShop Affiliate-$0($0 last month)/Total: $74.20
Lazy Marketing Products-$0($46.30 last month)/Total: $104.60
New total coaching income on the books and The Wealthy Network memberships : $4,551 (payment plans, etc)
Total income earned on the books this month – $4,565.46
What I have learned
- I’ve learned that I need to be much more consistent about viewing my monthly goals.
- I’ve learned that there’s a lot that goes into a membership site. It’s a REALLY good idea to marry someone smarter than you, which I did thank God!
- Lastly, I learned that if you’re going to 10X your goals, it’s a good idea to remember that you did that… God these numbers are BAAAAAAD. We knew there’d be a dip month coming based off all of our mentor’s experiences, but DAMN! That was rough.
See ya on the June Income Report and back in the black.
Follow the Journey to 7 Figures
Subscribe to my mailing list and get interesting stuff and updates to your email inbox.
Thank you for subscribing.
Something went wrong.